Core Cash And Equivalents vs Retained Earnings Analysis
| CNM Stock | USD 44.57 0.18 0.40% |
Core Main financial indicator trend analysis is way more than just evaluating Core Main prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Main is a good investment. Please check the relationship between Core Main Cash And Equivalents and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
Cash And Equivalents vs Retained Earnings
Cash And Equivalents vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Main Cash And Equivalents account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Core Main's Cash And Equivalents and Retained Earnings is -0.2. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Core Main, assuming nothing else is changed. The correlation between historical values of Core Main's Cash And Equivalents and Retained Earnings 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 And Equivalents of Core Main are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Equivalents i.e., Core Main's Cash And Equivalents and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Equivalents
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Core Main's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Main 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 Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.At this time, Core Main's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 16.34, while Issuance Of Capital Stock is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Tax Provision | 51M | 128M | 147.2M | 154.6M | Income Tax Expense | 51M | 128M | 147.2M | 154.6M |
Core Main fundamental ratios Correlations
Click cells to compare fundamentals
Core Main Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Trading Companies & Distributors 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 Core Main. If investors know Core 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 Core Main 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 (0.07) | Earnings Share 2.1 | Revenue Per Share 37.819 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0797 |
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main'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 Core Main's market value can be influenced by many factors that don't directly affect Core Main'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 Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main'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.