CompoSecure Depreciation vs Dividends Paid Analysis
CMPOW Stock | USD 4.85 0.32 6.19% |
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 Depreciation and its Dividends Paid 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 persons. For more information on how to buy CompoSecure Stock please use our How to Invest in CompoSecure guide.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CompoSecure Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have strong relationship.
The correlation between CompoSecure's Depreciation and Dividends Paid is 0.74. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of CompoSecure, assuming nothing else is changed. The correlation between historical values of CompoSecure's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of CompoSecure are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., CompoSecure's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of CompoSecure value has been used up. For tax purposes CompoSecure can deduct the cost of the tangible assets it purchases as business expenses. However, CompoSecure must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.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 persons. For more information on how to buy CompoSecure Stock please use our How to Invest in CompoSecure guide.At this time, CompoSecure's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 4.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 61.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.2M | 20.1M | 29.1M | 30.6M | Depreciation And Amortization | 10.4M | 8.6M | 8.4M | 9.8M |
CompoSecure fundamental ratios Correlations
Click cells to compare fundamentals
CompoSecure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running CompoSecure's price analysis, check to measure CompoSecure's 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 CompoSecure is operating at the current time. Most of CompoSecure's value examination focuses on studying past and present price action to predict the probability of CompoSecure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompoSecure's price. Additionally, you may evaluate how the addition of CompoSecure to your portfolios can decrease your overall portfolio volatility.