CDT Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.
Total Current Liabilities vs Other Stockholder Equity
Total Current Liabilities vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CDT Environmental Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CDT Environmental's Total Current Liabilities and Other Stockholder Equity is 0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of CDT Environmental Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., CDT Environmental's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on CDT Environmental balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CDT Environmental Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Stockholder Equity
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
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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 Pair Correlation module to compare performance and examine fundamental relationship between any two 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.