CAP Net Tangible Assets vs Property Plant Equipment Analysis

CLA Stock   0.50  0.03  5.66%   
CAP LEASE financial indicator trend analysis is way more than just evaluating CAP LEASE AVIATION prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAP LEASE AVIATION is a good investment. Please check the relationship between CAP LEASE Net Tangible Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAP LEASE AVIATION. 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.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAP LEASE AVIATION Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CAP LEASE's Net Tangible Assets and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of CAP LEASE AVIATION, assuming nothing else is changed. The correlation between historical values of CAP LEASE's Net Tangible Assets and Property Plant Equipment 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 Tangible Assets of CAP LEASE AVIATION are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., CAP LEASE's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

Most indicators from CAP LEASE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAP LEASE AVIATION 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 CAP LEASE AVIATION. 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.
The current year's Issuance Of Capital Stock is expected to grow to about 17.3 M, whereas Selling General Administrative is forecasted to decline to about 672.2 K.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.5M1.6M1.8M993.7K
Minority Interest4.2K101.8K117.0K122.9K

CAP LEASE fundamental ratios Correlations

0.50.99-0.810.64-0.570.980.95-0.040.370.99-0.590.97-0.570.940.990.980.540.090.980.950.98-0.79-0.5
0.50.38-0.420.83-0.830.610.280.160.890.38-0.80.34-0.910.720.450.630.970.820.630.270.63-0.08-0.21
0.990.38-0.820.59-0.520.960.98-0.120.251.0-0.540.99-0.50.90.990.950.42-0.010.950.980.95-0.84-0.5
-0.81-0.42-0.82-0.670.67-0.84-0.850.39-0.12-0.820.69-0.840.61-0.76-0.85-0.86-0.42-0.02-0.86-0.83-0.860.880.58
0.640.830.59-0.67-0.970.770.58-0.350.550.59-0.960.6-0.960.740.630.770.720.670.770.530.77-0.35-0.29
-0.57-0.83-0.520.67-0.97-0.71-0.520.37-0.51-0.521.0-0.560.98-0.69-0.58-0.73-0.74-0.62-0.73-0.49-0.730.370.4
0.980.610.96-0.840.77-0.710.93-0.10.450.96-0.720.95-0.710.970.971.00.620.241.00.921.0-0.74-0.47
0.950.280.98-0.850.58-0.520.93-0.260.120.98-0.540.99-0.470.840.970.910.29-0.060.910.980.91-0.86-0.45
-0.040.16-0.120.39-0.350.37-0.1-0.260.57-0.120.39-0.240.210.11-0.1-0.10.320.15-0.1-0.23-0.10.350.28
0.370.890.25-0.120.55-0.510.450.120.570.25-0.480.16-0.660.640.30.450.910.810.450.10.450.170.08
0.990.381.0-0.820.59-0.520.960.98-0.120.25-0.540.99-0.50.90.990.950.42-0.010.950.980.95-0.84-0.5
-0.59-0.8-0.540.69-0.961.0-0.72-0.540.39-0.48-0.54-0.580.98-0.7-0.6-0.74-0.72-0.59-0.74-0.52-0.740.40.42
0.970.340.99-0.840.6-0.560.950.99-0.240.160.99-0.58-0.510.860.980.940.36-0.050.941.00.94-0.87-0.55
-0.57-0.91-0.50.61-0.960.98-0.71-0.470.21-0.66-0.50.98-0.51-0.73-0.57-0.73-0.84-0.72-0.73-0.44-0.730.280.33
0.940.720.9-0.760.74-0.690.970.840.110.640.9-0.70.86-0.730.920.970.750.370.970.820.97-0.61-0.36
0.990.450.99-0.850.63-0.580.970.97-0.10.30.99-0.60.98-0.570.920.980.490.030.980.980.98-0.85-0.55
0.980.630.95-0.860.77-0.731.00.91-0.10.450.95-0.740.94-0.730.970.980.650.231.00.921.0-0.76-0.53
0.540.970.42-0.420.72-0.740.620.290.320.910.42-0.720.36-0.840.750.490.650.70.650.310.65-0.15-0.31
0.090.82-0.01-0.020.67-0.620.24-0.060.150.81-0.01-0.59-0.05-0.720.370.030.230.70.23-0.140.230.40.34
0.980.630.95-0.860.77-0.731.00.91-0.10.450.95-0.740.94-0.730.970.981.00.650.230.921.0-0.76-0.53
0.950.270.98-0.830.53-0.490.920.98-0.230.10.98-0.521.0-0.440.820.980.920.31-0.140.920.92-0.9-0.58
0.980.630.95-0.860.77-0.731.00.91-0.10.450.95-0.740.94-0.730.970.981.00.650.231.00.92-0.76-0.53
-0.79-0.08-0.840.88-0.350.37-0.74-0.860.350.17-0.840.4-0.870.28-0.61-0.85-0.76-0.150.4-0.76-0.9-0.760.74
-0.5-0.21-0.50.58-0.290.4-0.47-0.450.280.08-0.50.42-0.550.33-0.36-0.55-0.53-0.310.34-0.53-0.58-0.530.74
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CAP LEASE Account Relationship Matchups

CAP LEASE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.1M31.4M30.1M35.7M41.1M30.7M
Total Current Liabilities193.9K1.7M2.9M565.8K650.7K1.2M
Total Stockholder Equity19.6M28.2M27.2M35.2M40.5M29.1M
Retained Earnings(34.6M)(34.9M)(38.8M)(44.6M)(40.1M)(42.1M)
Accounts Payable142.3K181.8K960.2K439.8K505.8K413.2K
Cash5.7M6.5M1.3M5.0M4.5M4.0M
Non Current Assets Total14.3M24.5M28.5M30.5M35.1M24.9M
Common Stock Shares Outstanding780.2M1.0B1.2B2.2B2.5B1.3B
Total Liab426.7K3.1M2.9M565.8K650.7K618.1K
Net Invested Capital19.6M28.2M27.2M35.2M40.5M29.1M
Total Current Assets5.7M6.9M1.6M5.2M4.7M4.2M
Capital Stock55.1M62.0M64.8M78.8M90.7M69.4M
Net Working Capital5.5M5.3M(1.3M)4.6M4.2M3.4M

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Other Information on Investing in CAP Stock

Balance Sheet is a snapshot of the financial position of CAP LEASE AVIATION at a specified time, usually calculated after every quarter, six months, or one year. CAP LEASE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CAP LEASE and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CAP currently owns. An asset can also be divided into two categories, current and non-current.