CDT Net Debt vs Cash Analysis
| CDTG Stock | 3.20 0.13 3.90% |
CDT Environmental financial indicator trend analysis is way more than just evaluating CDT Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CDT Environmental is a good investment. Please check the relationship between CDT Environmental Net Debt and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CDT Environmental Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CDT Environmental Net Debt account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CDT Environmental's Net Debt and Cash is -0.59. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of CDT Environmental Technology, assuming nothing else is changed. The correlation between historical values of CDT Environmental's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of CDT Environmental Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., CDT Environmental's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash
Cash refers to the most liquid asset of CDT Environmental, which is listed under current asset account on CDT Environmental Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CDT Environmental customers. The amounts must be unrestricted with restricted cash listed in a different CDT Environmental account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from CDT Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CDT Environmental 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 CDT Environmental Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, CDT Environmental's Enterprise Value Multiple is most likely to drop in the upcoming years.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 45.5K | 71.9K | 342.7K | 176.0K | Interest Income | 89.5K | 13.4K | 15.5K | 23.9K |
CDT Environmental fundamental ratios Correlations
Click cells to compare fundamentals
CDT Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether CDT Environmental is a strong investment it is important to analyze CDT Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CDT Environmental's future performance. For an informed investment choice regarding CDT Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CDT Environmental Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CDT Environmental. If investors know CDT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CDT Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.09 | Earnings Share 0.69 | Revenue Per Share 3.718 | Quarterly Revenue Growth 0.173 | Return On Assets 0.085 |
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CDT Environmental's market value can be influenced by many factors that don't directly affect CDT Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.