Cimpress Accounts Payable vs Good Will Analysis

CMPR Stock  USD 81.33  0.08  0.1%   
Cimpress financial indicator trend analysis is way more than just evaluating Cimpress NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cimpress NV is a good investment. Please check the relationship between Cimpress Accounts Payable and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cimpress NV. 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.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cimpress NV Accounts Payable account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cimpress' Accounts Payable and Good Will is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Cimpress NV, assuming nothing else is changed. The correlation between historical values of Cimpress' Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Cimpress NV are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Cimpress' Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Cimpress obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cimpress NV are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Cimpress' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cimpress NV 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 Cimpress NV. 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.
At this time, Cimpress' Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop slightly above 110 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.3B1.3B1.3B690.9M
Cost Of Revenue1.5B1.6B1.7B1.8B

Cimpress fundamental ratios Correlations

-0.450.320.550.30.70.50.480.64-0.31-0.570.52-0.480.560.570.620.490.820.060.340.540.690.540.510.720.55
-0.45-0.04-0.88-0.75-0.46-0.36-0.94-0.690.260.96-0.97-0.19-0.89-0.92-0.44-0.91-0.760.52-0.89-0.97-0.57-0.9-0.9-0.69-0.21
0.32-0.040.44-0.220.840.570.20.090.53-0.230.11-0.140.070.250.850.140.460.180.030.140.590.420.170.40.46
0.55-0.880.440.540.790.480.950.62-0.09-0.940.930.140.850.960.750.910.84-0.340.830.940.770.990.90.770.53
0.3-0.75-0.220.540.150.270.640.85-0.19-0.650.750.220.860.610.180.750.6-0.510.790.730.350.610.680.52-0.1
0.7-0.460.840.790.150.650.60.460.14-0.630.55-0.160.520.660.950.570.82-0.040.440.570.870.770.590.730.65
0.5-0.360.570.480.270.650.410.480.36-0.390.38-0.240.470.430.70.460.66-0.360.40.380.790.490.50.670.33
0.48-0.940.20.950.640.60.410.61-0.2-0.960.970.270.890.980.560.950.76-0.40.890.970.660.940.920.660.46
0.64-0.690.090.620.850.460.480.61-0.14-0.690.73-0.120.840.620.50.690.82-0.290.620.720.540.670.610.710.11
-0.310.260.53-0.09-0.190.140.36-0.2-0.140.2-0.240.14-0.23-0.210.21-0.19-0.070.06-0.16-0.240.07-0.09-0.2-0.13-0.06
-0.570.96-0.23-0.94-0.65-0.63-0.39-0.96-0.690.2-0.96-0.1-0.87-0.95-0.58-0.89-0.840.3-0.83-0.97-0.63-0.95-0.89-0.72-0.41
0.52-0.970.110.930.750.550.380.970.73-0.24-0.960.170.950.970.520.960.8-0.450.911.00.640.940.930.740.35
-0.48-0.19-0.140.140.22-0.16-0.240.27-0.120.14-0.10.170.090.16-0.160.22-0.19-0.350.350.17-0.10.140.11-0.39-0.14
0.56-0.890.070.850.860.520.470.890.84-0.23-0.870.950.090.90.520.960.82-0.50.910.940.680.880.910.80.29
0.57-0.920.250.960.610.660.430.980.62-0.21-0.950.970.160.90.620.960.81-0.380.890.980.730.960.940.750.53
0.62-0.440.850.750.180.950.70.560.50.21-0.580.52-0.160.520.620.530.79-0.10.390.540.820.750.530.750.48
0.49-0.910.140.910.750.570.460.950.69-0.19-0.890.960.220.960.960.530.78-0.550.960.960.740.920.960.740.43
0.82-0.760.460.840.60.820.660.760.82-0.07-0.840.8-0.190.820.810.790.78-0.250.680.810.830.860.790.890.42
0.060.520.18-0.34-0.51-0.04-0.36-0.4-0.290.060.3-0.45-0.35-0.5-0.38-0.1-0.55-0.25-0.67-0.43-0.43-0.38-0.51-0.370.25
0.34-0.890.030.830.790.440.40.890.62-0.16-0.830.910.350.910.890.390.960.68-0.670.910.670.850.950.640.28
0.54-0.970.140.940.730.570.380.970.72-0.24-0.971.00.170.940.980.540.960.81-0.430.910.660.950.930.740.38
0.69-0.570.590.770.350.870.790.660.540.07-0.630.64-0.10.680.730.820.740.83-0.430.670.660.760.750.810.59
0.54-0.90.420.990.610.770.490.940.67-0.09-0.950.940.140.880.960.750.920.86-0.380.850.950.760.90.790.45
0.51-0.90.170.90.680.590.50.920.61-0.2-0.890.930.110.910.940.530.960.79-0.510.950.930.750.90.780.44
0.72-0.690.40.770.520.730.670.660.71-0.13-0.720.74-0.390.80.750.750.740.89-0.370.640.740.810.790.780.32
0.55-0.210.460.53-0.10.650.330.460.11-0.06-0.410.35-0.140.290.530.480.430.420.250.280.380.590.450.440.32
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Cimpress Account Relationship Matchups

Cimpress fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.2B2.2B1.9B1.9B1.0B
Total Stockholder Equity(407.5M)(449.4M)(494.9M)(623.1M)(550.1M)(522.6M)
Property Plant And Equipment Net494.9M416.3M367.5M364.4M343.9M293.0M
Net Debt1.6B1.7B1.5B1.6B1.5B1.6B
Cash45.0M183.0M277.1M130.3M203.8M214.0M
Non Current Assets Total1.6B1.7B1.5B1.4B1.4B798.5M
Non Currrent Assets Other25.5M36.0M48.4M46.2M39.4M22.9M
Other Assets85.8M169.1M185.6M162.0M186.3M195.7M
Cash And Short Term Investments45.0M335.3M327.0M168.9M208.3M115.5M
Common Stock Shares Outstanding27.8M26.0M26.1M26.3M27.0M33.4M
Liabilities And Stockholders Equity1.8B2.2B2.2B1.9B1.9B1.0B
Other Stockholder Equity(937.9M)(908.7M)(862.5M)(824.1M)(793.3M)(753.6M)
Total Liab2.2B2.6B2.5B2.5B2.4B2.5B
Property Plant And Equipment Gross494.9M416.3M286.8M287.6M913.7M959.4M
Total Current Assets248.4M528.5M626.3M441.0M458.0M480.9M
Short Long Term Debt Total1.6B1.9B1.8B1.8B1.7B1.8B
Other Current Liab216.0M272.6M233.3M218.4M204.2M146.2M
Total Current Liabilities486.8M638.2M692.5M645.3M664.0M697.2M
Current Deferred Revenue39.1M50.9M58.9M44.7M46.1M24.5M
Retained Earnings618.4M537.7M414.1M235.4M272.9M315.2M
Accounts Payable163.9M199.8M313.7M285.8M326.7M343.0M
Long Term Debt1.4B1.7B1.7B1.6B1.6B1.7B
Net Receivables34.6M50.7M63.9M67.4M64.6M32.4M
Non Current Liabilities Total1.7B1.9B1.8B1.8B1.7B1.8B
Inventory80.2M70.0M126.7M107.8M97.0M101.9M
Other Current Assets88.6M145.0M217.4M194.0M88.1M67.5M
Accumulated Other Comprehensive Income(88.7M)(79M)(47.1M)(35.1M)(30.4M)(31.9M)
Short Term Debt67.8M68.8M44.8M43.2M40.4M31.9M
Intangible Assets280.7M274.4M245.2M204.5M168.8M150.4M
Property Plant Equipment494.9M416.3M367.5M287.6M330.7M338.4M
Other Liab82.2M103.4M123.8M105.5M121.4M67.8M
Treasury Stock(737.4M)(1.4B)(1.4B)(1.4B)(1.2B)(1.2B)
Net Tangible Assets(1.3B)(1.5B)(1.5B)(612.3M)(551.0M)(578.6M)
Good Will621.9M727.0M766.6M781.5M787.1M540.5M
Retained Earnings Total Equity618.4M537.7M414.1M235.4M270.7M417.6M
Capital Surpluse438.6M459.9M501.0M539.5M620.4M417.6M
Deferred Long Term Liab33.8M27.4M41.1M47.4M54.5M38.4M

Pair Trading with Cimpress

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 Cimpress 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 Cimpress will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cimpress Stock

  0.8WHLM WilhelminaPairCorr
  0.67ACU Acme UnitedPairCorr

Moving against Cimpress Stock

  0.64J Jacobs SolutionsPairCorr
  0.6B Barnes GroupPairCorr
  0.51DIST Distoken AcquisitionPairCorr
  0.41SPIR Spire Global Symbol ChangePairCorr
  0.36IIIV i3 VerticalsPairCorr
The ability to find closely correlated positions to Cimpress could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cimpress 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 Cimpress - 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 Cimpress NV to buy it.
The correlation of Cimpress 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 Cimpress moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cimpress NV 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 Cimpress 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.
Pair CorrelationCorrelation Matching

Additional Tools for Cimpress Stock Analysis

When running Cimpress' price analysis, check to measure Cimpress' 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 Cimpress is operating at the current time. Most of Cimpress' value examination focuses on studying past and present price action to predict the probability of Cimpress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cimpress' price. Additionally, you may evaluate how the addition of Cimpress to your portfolios can decrease your overall portfolio volatility.