Core Property Plant Equipment vs Good Will Analysis

CMT Stock  USD 13.44  0.04  0.30%   
Core Molding financial indicator trend analysis is way more than just evaluating Core Molding Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Molding Technologies is a good investment. Please check the relationship between Core Molding Property Plant Equipment and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Molding Technologies. 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.

Property Plant Equipment vs Good Will

Property Plant Equipment vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Molding Technologies Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Core Molding's Property Plant Equipment and Good Will is 0.65. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of Core Molding Technologies, assuming nothing else is changed. The correlation between historical values of Core Molding's Property Plant Equipment 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 Property Plant Equipment of Core Molding Technologies 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 Property Plant Equipment i.e., Core Molding's Property Plant Equipment and Good Will go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

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 Core Molding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Molding Technologies 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 Core Molding Technologies. 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.
Selling General Administrative is likely to gain to about 45.6 M in 2025, whereas Tax Provision is likely to drop slightly above 1.5 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit52.4M64.5M74.2M77.9M
Total Revenue377.4M357.7M411.4M432.0M

Core Molding fundamental ratios Correlations

0.540.850.60.940.730.190.910.940.490.780.080.490.7-0.160.420.950.780.150.730.830.960.13-0.18-0.14-0.43
0.540.310.730.240.460.870.20.64-0.210.720.16-0.210.580.220.690.660.20.340.910.220.350.520.260.27-0.28
0.850.310.480.830.620.070.790.80.370.64-0.050.370.6-0.020.260.770.740.270.550.750.820.02-0.04-0.01-0.43
0.60.730.480.390.720.590.370.64-0.10.810.09-0.10.640.130.20.690.330.180.840.310.420.750.170.18-0.34
0.940.240.830.390.68-0.150.990.810.710.620.040.710.57-0.260.210.820.810.020.470.890.97-0.05-0.32-0.27-0.4
0.730.460.620.720.680.190.710.670.250.93-0.070.250.8-0.070.350.750.34-0.110.730.420.630.22-0.06-0.03-0.36
0.190.870.070.59-0.150.19-0.180.37-0.660.470.1-0.660.420.230.60.39-0.110.270.74-0.15-0.040.520.330.3-0.13
0.910.20.790.370.990.71-0.180.760.70.620.00.70.57-0.360.190.80.74-0.110.440.840.95-0.05-0.41-0.37-0.33
0.940.640.80.640.810.670.370.760.270.790.120.270.760.030.540.950.690.320.810.710.860.130.020.05-0.55
0.49-0.210.37-0.10.710.25-0.660.70.270.10.051.0-0.01-0.2-0.170.250.58-0.01-0.10.70.65-0.24-0.32-0.26-0.14
0.780.720.640.810.620.930.470.620.790.10.080.10.820.10.560.840.380.130.910.420.620.310.130.15-0.43
0.080.16-0.050.090.04-0.070.10.00.120.050.080.05-0.140.10.060.120.180.190.10.090.040.080.080.08-0.44
0.49-0.210.37-0.10.710.25-0.660.70.271.00.10.05-0.01-0.2-0.170.250.58-0.01-0.10.70.65-0.24-0.32-0.26-0.14
0.70.580.60.640.570.80.420.570.76-0.010.82-0.14-0.010.080.590.760.40.080.80.430.640.060.070.11-0.52
-0.160.22-0.020.13-0.26-0.070.23-0.360.03-0.20.10.1-0.20.080.24-0.17-0.010.840.19-0.14-0.19-0.010.970.99-0.4
0.420.690.260.20.210.350.60.190.54-0.170.560.06-0.170.590.240.530.080.290.690.10.3-0.220.290.28-0.22
0.950.660.770.690.820.750.390.80.950.250.840.120.250.76-0.170.530.640.090.840.670.850.22-0.15-0.14-0.41
0.780.20.740.330.810.34-0.110.740.690.580.380.180.580.4-0.010.080.640.350.370.950.86-0.03-0.1-0.05-0.51
0.150.340.270.180.02-0.110.27-0.110.32-0.010.130.19-0.010.080.840.290.090.350.30.190.130.030.810.83-0.44
0.730.910.550.840.470.730.740.440.81-0.10.910.1-0.10.80.190.690.840.370.30.360.550.410.240.25-0.4
0.830.220.750.310.890.42-0.150.840.710.70.420.090.70.43-0.140.10.670.950.190.360.92-0.04-0.27-0.2-0.47
0.960.350.820.420.970.63-0.040.950.860.650.620.040.650.64-0.190.30.850.860.130.550.92-0.03-0.25-0.2-0.45
0.130.520.020.75-0.050.220.52-0.050.13-0.240.310.08-0.240.06-0.01-0.220.22-0.030.030.41-0.04-0.030.060.040.06
-0.180.26-0.040.17-0.32-0.060.33-0.410.02-0.320.130.08-0.320.070.970.29-0.15-0.10.810.24-0.27-0.250.060.99-0.3
-0.140.27-0.010.18-0.27-0.030.3-0.370.05-0.260.150.08-0.260.110.990.28-0.14-0.050.830.25-0.2-0.20.040.99-0.35
-0.43-0.28-0.43-0.34-0.4-0.36-0.13-0.33-0.55-0.14-0.43-0.44-0.14-0.52-0.4-0.22-0.41-0.51-0.44-0.4-0.47-0.450.06-0.3-0.35
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Core Molding Account Relationship Matchups

Core Molding fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets165.5M186.1M198.6M213.4M245.4M257.7M
Short Long Term Debt Total28.2M29.6M26.1M26.8M30.8M22.7M
Other Current Liab12.1M11.9M15.1M13.6M15.6M16.4M
Total Current Liabilities36.0M53.1M50.8M46.2M53.1M28.4M
Total Stockholder Equity93.9M100.1M116.1M139.0M159.8M167.8M
Property Plant And Equipment Net76.8M81.5M88.4M85.0M97.7M54.5M
Net Debt24.0M23.5M21.9M2.7M2.4M2.3M
Retained Earnings84.9M89.5M101.7M122.1M140.4M147.4M
Accounts Payable17.0M22.7M29.6M24.0M27.6M28.9M
Cash4.1M6.1M4.2M24.1M27.7M29.1M
Non Current Assets Total109.0M111.0M118.0M110.5M127.1M68.7M
Non Currrent Assets Other2.4M2.0M4.6M2.0M1.8M1.9M
Cash And Short Term Investments4.1M6.1M4.2M24.1M27.7M29.1M
Net Receivables27.6M35.3M47.3M41.8M48.1M25.8M
Common Stock Shares Outstanding7.9M8.1M8.4M8.8M7.9M6.8M
Liabilities And Stockholders Equity165.5M186.1M198.6M213.4M245.4M257.7M
Non Current Liabilities Total35.6M33.0M31.7M28.2M25.4M20.7M
Inventory18.4M25.1M23.9M22.1M25.4M26.6M
Other Current Assets6.4M8.6M5.3M14.9M17.2M18.0M
Other Stockholder Equity7.6M9.4M11.2M11.5M10.3M8.6M
Total Liab71.6M86.0M82.5M74.4M85.6M56.8M
Property Plant And Equipment Gross76.8M81.5M83.3M213.1M245.1M257.4M
Total Current Assets56.5M75.1M80.7M102.9M118.3M124.2M
Accumulated Other Comprehensive Income1.4M1.1M3.1M5.3M6.1M6.4M
Short Term Debt3.0M9.9M4.7M3.4M4.0M5.3M
Common Stock Total Equity78K79K80K84K75.6K66.1K
Common Stock80K82K84K86K77.4K66.2K
Other Liab7.9M9.1M7.7M5.2M4.7M7.9M
Other Assets3.6M3.3M2.6M4.6M4.1M3.8M
Long Term Debt25.2M21.3M23.0M21.5M24.7M16.1M
Property Plant Equipment79.2M74.1M81.5M83.3M95.8M55.7M
Intangible Assets11.5M9.6M7.6M6.0M6.9M7.4M
Current Deferred Revenue1.3M6.3M1.4M5.2M4.7M3.2M
Treasury Stock(28.5M)(28.5M)(28.6M)(29.1M)(26.2M)(27.5M)
Net Tangible Assets53.6M65.0M73.2M116.1M133.5M83.2M
Retained Earnings Total Equity91.9M76.7M84.9M101.7M117.0M80.4M
Long Term Debt Total0.025.2M21.3M23.0M26.4M16.1M
Capital Surpluse34.8M36.1M38.0M40.3M46.4M35.2M

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