Calix Common Stock Shares Outstanding vs Retained Earnings Analysis

CALX Stock  USD 32.12  1.70  5.59%   
Calix financial indicator trend analysis is way more than just evaluating Calix Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calix Inc is a good investment. Please check the relationship between Calix Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calix Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calix Inc Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Calix's Common Stock Shares Outstanding and Retained Earnings is -0.16. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Calix Inc, assuming nothing else is changed. The correlation between historical values of Calix's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Calix Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Calix's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Calix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calix Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calix Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Calix's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 10.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense402K2.0M9.7M10.2M
Depreciation And Amortization18.1M18.3M23.1M19.9M

Calix fundamental ratios Correlations

-0.670.910.620.920.570.620.23-0.480.60.460.470.80.820.980.950.720.420.530.570.92-0.210.980.930.55-0.04
-0.67-0.53-0.44-0.46-0.26-0.31-0.430.41-0.64-0.34-0.34-0.54-0.44-0.7-0.74-0.570.1-0.09-0.18-0.64-0.29-0.64-0.66-0.12-0.41
0.91-0.530.760.850.660.710.05-0.340.320.540.50.680.860.880.860.760.470.640.620.88-0.270.940.850.62-0.06
0.62-0.440.760.50.60.660.29-0.080.150.740.410.60.590.640.570.850.340.580.50.62-0.110.640.580.490.22
0.92-0.460.850.50.680.630.01-0.580.380.420.550.80.720.850.880.70.70.740.780.82-0.560.90.760.78-0.42
0.57-0.260.660.60.680.92-0.16-0.3-0.170.290.590.650.720.530.640.70.720.910.910.65-0.550.550.390.88-0.34
0.62-0.310.710.660.630.920.04-0.21-0.010.230.550.710.840.610.640.680.540.770.770.71-0.340.610.480.73-0.11
0.23-0.430.050.290.01-0.160.04-0.280.630.040.210.330.10.260.180.18-0.34-0.28-0.230.070.470.210.25-0.270.57
-0.480.41-0.34-0.08-0.58-0.3-0.21-0.28-0.29-0.1-0.82-0.41-0.22-0.33-0.55-0.23-0.42-0.34-0.45-0.280.39-0.48-0.29-0.460.37
0.6-0.640.320.150.38-0.17-0.010.63-0.290.140.00.520.290.640.540.21-0.25-0.25-0.160.470.40.570.65-0.190.42
0.46-0.340.540.740.420.290.230.04-0.10.140.260.420.150.470.440.640.290.420.40.47-0.220.520.370.410.03
0.47-0.340.50.410.550.590.550.21-0.820.00.260.460.450.350.550.430.480.560.610.35-0.410.50.270.62-0.27
0.8-0.540.680.60.80.650.710.33-0.410.520.420.460.660.80.770.760.490.610.690.75-0.310.780.610.65-0.1
0.82-0.440.860.590.720.720.840.1-0.220.290.150.450.660.810.780.60.340.550.540.83-0.120.80.790.510.04
0.98-0.70.880.640.850.530.610.26-0.330.640.470.350.80.810.930.710.290.450.490.94-0.080.940.930.460.1
0.95-0.740.860.570.880.640.640.18-0.550.540.440.550.770.780.930.660.370.530.610.94-0.190.940.840.57-0.03
0.72-0.570.760.850.70.70.680.18-0.230.210.640.430.760.60.710.660.560.720.70.65-0.330.70.640.68-0.04
0.420.10.470.340.70.720.54-0.34-0.42-0.250.290.480.490.340.290.370.560.920.890.34-0.940.410.230.92-0.81
0.53-0.090.640.580.740.910.77-0.28-0.34-0.250.420.560.610.550.450.530.720.920.970.54-0.810.530.320.98-0.6
0.57-0.180.620.50.780.910.77-0.23-0.45-0.160.40.610.690.540.490.610.70.890.970.58-0.810.570.310.99-0.62
0.92-0.640.880.620.820.650.710.07-0.280.470.470.350.750.830.940.940.650.340.540.58-0.140.910.840.540.04
-0.21-0.29-0.27-0.11-0.56-0.55-0.340.470.390.4-0.22-0.41-0.31-0.12-0.08-0.19-0.33-0.94-0.81-0.81-0.14-0.210.03-0.850.94
0.98-0.640.940.640.90.550.610.21-0.480.570.520.50.780.80.940.940.70.410.530.570.91-0.210.890.56-0.03
0.93-0.660.850.580.760.390.480.25-0.290.650.370.270.610.790.930.840.640.230.320.310.840.030.890.30.18
0.55-0.120.620.490.780.880.73-0.27-0.46-0.190.410.620.650.510.460.570.680.920.980.990.54-0.850.560.3-0.67
-0.04-0.41-0.060.22-0.42-0.34-0.110.570.370.420.03-0.27-0.10.040.1-0.03-0.04-0.81-0.6-0.620.040.94-0.030.18-0.67
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Calix Account Relationship Matchups

Calix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets316.8M427.4M742.0M884.8M941.9M989.0M
Short Long Term Debt Total44.3M12.9M12.4M12.4M11.6M16.9M
Other Current Liab57.5M59.3M63.8M115.5M107.8M113.2M
Total Current Liabilities115.5M101.0M128.1M165.4M187.6M113.9M
Total Stockholder Equity154.0M280.3M568.4M679.6M719.0M754.9M
Other Liab32.0M33.0M33.1M31.4M36.1M21.7M
Property Plant And Equipment Net37.4M32.1M34.0M35.1M38.7M24.0M
Current Deferred Revenue17.2M19.2M27.5M33.5M36.7M19.6M
Net Debt(2.5M)(67.9M)(39.0M)(66.7M)(51.8M)(54.4M)
Retained Earnings(702.6M)(669.1M)(430.7M)(389.7M)(360.4M)(378.4M)
Accounts Payable10.8M13.1M29.1M41.4M34.7M25.0M
Cash46.8M80.8M51.3M79.1M63.4M54.7M
Non Current Assets Total173.0M160.5M332.8M337.5M343.9M194.6M
Non Currrent Assets Other19.4M12.2M13.7M19.1M21.3M22.4M
Other Assets7.3M12.2M182.6M181.9M209.2M219.7M
Cash And Short Term Investments46.8M133.8M204.3M241.7M220.3M231.4M
Net Receivables46.5M69.4M85.2M93.8M126.0M64.7M
Common Stock Total Equity1.5M1.6M1.6M1.6M1.9M1.3M
Common Stock Shares Outstanding55.0M62.0M67.9M68.9M69.3M49.3M
Liabilities And Stockholders Equity316.8M427.4M742.0M884.8M941.9M989.0M
Non Current Liabilities Total47.3M46.0M45.5M39.8M35.2M60.5M
Inventory40.2M52.3M88.9M149.2M133.0M139.6M
Other Current Assets9.7M22.8M61.6M86.3M159.1M167.0M
Other Stockholder Equity855.9M948.1M997.9M1.1B1.1B791.2M
Total Liab162.8M147.0M173.6M205.3M222.9M143.4M
Property Plant And Equipment Gross37.4M32.1M21.8M25.8M90.1M94.6M
Total Current Assets143.8M266.9M409.2M547.4M598.0M627.9M
Accumulated Other Comprehensive Income(854K)(191K)(320K)(2.5M)(659K)(692.0K)
Common Stock1.5M1.6M1.6M1.6M1.6M1.3M
Property Plant Equipment21.5M20.4M34.0M25.8M29.7M20.3M
Net Tangible Assets37.9M164.2M452.3M679.6M781.5M820.6M
Retained Earnings Total Equity(702.6M)(669.1M)(430.7M)(389.7M)(350.7M)(368.3M)
Capital Surpluse895.9M948.1M997.9M1.1B1.2B967.4M
Deferred Long Term Liab20.6M17.5M6.1M1.3M1.2M1.1M

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