CompoSecure Cash Flow To Debt Ratio vs Cash Per Share Analysis
| CMPO Stock | USD 15.95 0.22 1.36% |
CompoSecure financial indicator trend analysis is way more than just evaluating CompoSecure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CompoSecure is a good investment. Please check the relationship between CompoSecure Cash Flow To Debt Ratio and its Cash Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompoSecure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in CompoSecure Stock, please use our How to Invest in CompoSecure guide.
Cash Flow To Debt Ratio vs Cash Per Share
Cash Flow To Debt Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CompoSecure Cash Flow To Debt Ratio account and Cash Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CompoSecure's Cash Flow To Debt Ratio and Cash Per Share is 0.4. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of CompoSecure, assuming nothing else is changed. The correlation between historical values of CompoSecure's Cash Flow To Debt Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flow To Debt Ratio of CompoSecure are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Cash Flow To Debt Ratio i.e., CompoSecure's Cash Flow To Debt Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash Flow To Debt Ratio
Cash Per Share
Most indicators from CompoSecure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CompoSecure 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 CompoSecure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in CompoSecure Stock, please use our How to Invest in CompoSecure guide.At this time, CompoSecure's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 4.11, while Selling General Administrative is likely to drop about 58.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.2M | 20.1M | 29.1M | 30.6M | Depreciation And Amortization | 10.4M | 8.6M | 8.4M | 8.0M |
CompoSecure fundamental ratios Correlations
Click cells to compare fundamentals
CompoSecure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CompoSecure fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 14.9M | 15.2M | 1M | 19.8M | 23.5M | 13.4M | |
| Total Current Liabilities | 31.7M | 41.6M | 60.5M | 45.0M | 40.9M | 37.0M | |
| Other Liab | 2.1M | 409K | 98.8M | 58.6M | 67.3M | 35.6M | |
| Net Tangible Assets | (55.5M) | (192.6M) | (407.7M) | (292.0M) | (262.8M) | (275.9M) | |
| Accounts Payable | 2.9M | 2.4M | 7.1M | 7.1M | 5.2M | 5.1M | |
| Other Assets | 95K | 11K | 25.7M | 12.5M | 1.0 | 0.95 | |
| Net Receivables | 19.0M | 8.8M | 28M | 37.3M | 40.5M | 29.1M | |
| Inventory | 18.5M | 30.2M | 25.8M | 42.4M | 52.5M | 33.3M | |
| Other Current Assets | 899K | 1.1M | 2.6M | 3.8M | 5.1M | 3.1M | |
| Total Current Assets | 65.2M | 53.5M | 78.3M | 97.1M | 139.4M | 89.0M | |
| Common Stock | (54.4M) | 6K | 7K | 8K | 9.2K | 9.7K | |
| Property Plant Equipment | 30.3M | 27.9M | 22.2M | 22.7M | 20.4M | 21.1M |
Pair Trading with CompoSecure
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 CompoSecure 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 CompoSecure will appreciate offsetting losses from the drop in the long position's value.Moving together with CompoSecure Stock
Moving against CompoSecure Stock
| 0.71 | IIIN | Insteel Industries | PairCorr |
| 0.7 | WOR | Worthington Industries | PairCorr |
| 0.41 | LQMT | Liquidmetal Technologies | PairCorr |
The ability to find closely correlated positions to CompoSecure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CompoSecure 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 CompoSecure - 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 CompoSecure to buy it.
The correlation of CompoSecure 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 CompoSecure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CompoSecure 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 CompoSecure 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompoSecure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in CompoSecure Stock, please use our How to Invest in CompoSecure guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Industrial Machinery & Supplies & Components 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 CompoSecure. If investors know CompoSecure 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 CompoSecure 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 0.105 | Earnings Share (0.41) | Revenue Per Share 16.184 | Quarterly Revenue Growth 0.106 | Return On Assets 0.2705 |
The market value of CompoSecure is measured differently than its book value, which is the value of CompoSecure that is recorded on the company's balance sheet. Investors also form their own opinion of CompoSecure's value that differs from its market value or its book value, called intrinsic value, which is CompoSecure'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 CompoSecure's market value can be influenced by many factors that don't directly affect CompoSecure'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 CompoSecure's value and its price as these two are different measures arrived at by different means. Investors typically determine if CompoSecure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CompoSecure'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.