Compass Historical Balance Sheet
CMP Stock | USD 15.07 0.24 1.62% |
Trend analysis of Compass Minerals International balance sheet accounts such as Total Stockholder Equity of 329.8 M, Net Debt of 737.3 M or Cash of 58.1 M provides information on Compass Minerals' total assets, liabilities, and equity, which is the actual value of Compass Minerals Int to its prevalent stockholders. By breaking down trends over time using Compass Minerals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Compass Minerals Int latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Compass Minerals Int is a good buy for the upcoming year.
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About Compass Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Compass Minerals Int at a specified time, usually calculated after every quarter, six months, or one year. Compass Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Compass Minerals 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 Compass currently owns. An asset can also be divided into two categories, current and non-current.
Compass Minerals Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Compass Minerals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Compass Minerals Int books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from Compass Minerals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Compass Minerals Int current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Compass Minerals International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Compass Minerals' Intangible Assets are relatively stable compared to the past year. As of 11/26/2024, Short and Long Term Debt Total is likely to grow to about 917.5 M, while Net Debt is likely to drop slightly above 737.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 293.1M | 257M | 517.2M | 329.8M | Total Assets | 1.6B | 1.6B | 1.8B | 1.5B |
Compass Minerals balance sheet Correlations
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Compass Minerals Account Relationship Matchups
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Compass Minerals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Non Currrent Assets Other | 2.7M | 156.5M | (991.5M) | (63.4M) | (58.5M) | (55.6M) | |
Other Assets | 102.8M | 175M | 108M | 43.7M | 100.5M | 56.5M | |
Other Current Liab | 239.8M | 243.8M | (899.5M) | (949.9M) | 154M | 161.7M | |
Other Liab | 206.6M | 241.4M | 165.6M | 159.9M | 179M | 107.5M | |
Long Term Debt | 1.4B | 1.3B | 935.4M | 947.6M | 800.3M | 882.4M | |
Intangible Assets | 115.9M | 627.4M | 48.8M | 45.4M | 120M | 194.3M | |
Property Plant Equipment | 1.1B | 964.9M | 879.1M | 776.6M | 906.9M | 717.8M | |
Short Long Term Debt Total | 1.4B | 1.4B | 1.9B | 2.0B | 805.3M | 917.5M | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 964.9M | 1.8B | 2.0B | 1.0B | |
Net Tangible Assets | 83.6M | 20.7M | 186.5M | 154.6M | 300.4M | 230.2M | |
Retained Earnings Total Equity | 672.5M | 643.5M | 607.4M | 567.3M | 652.4M | 531.1M | |
Long Term Debt Total | 1.4B | 1.3B | 939.7M | 949.7M | 1.1B | 976.5M | |
Capital Surpluse | 117.1M | 127M | 136.3M | 152.1M | 174.9M | 101.7M | |
Deferred Long Term Liab | 127M | 100.8M | 89.9M | 87.5M | 100.6M | 91.2M |
Pair Trading with Compass Minerals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compass Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compass Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
Moving against Compass Stock
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The ability to find closely correlated positions to Compass Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compass Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compass Minerals International to buy it.
The correlation of Compass Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compass Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Minerals Int moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Compass Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Compass Stock Analysis
When running Compass Minerals' price analysis, check to measure Compass Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Compass Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.