CommScope Change To Inventory vs Net Income Analysis
COMM Stock | USD 5.09 0.41 8.76% |
CommScope Holding financial indicator trend analysis is way more than just evaluating CommScope Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CommScope Holding is a good investment. Please check the relationship between CommScope Holding Change To Inventory and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CommScope Holding Co. 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.
Change To Inventory vs Net Income
Change To Inventory vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CommScope Holding Change To Inventory account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CommScope Holding's Change To Inventory and Net Income is -0.45. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of CommScope Holding Co, assuming nothing else is changed. The correlation between historical values of CommScope Holding's Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of CommScope Holding Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., CommScope Holding's Change To Inventory and Net Income go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CommScope Holding financial statement analysis. It represents the amount of money remaining after all of CommScope Holding Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from CommScope Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CommScope Holding 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 CommScope Holding Co. 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. At this time, CommScope Holding's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.17, though Tax Provision is likely to grow to (166.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 561.2M | 588.9M | 675.8M | 381.8M | Depreciation And Amortization | 786.3M | 696.1M | 561.2M | 345.8M |
CommScope Holding fundamental ratios Correlations
Click cells to compare fundamentals
CommScope Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Communications Equipment 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 CommScope Holding. If investors know CommScope 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 CommScope Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.96) | Revenue Per Share 24.277 | Quarterly Revenue Growth 0.027 | Return On Assets 0.0343 | Return On Equity (18.38) |
The market value of CommScope Holding is measured differently than its book value, which is the value of CommScope that is recorded on the company's balance sheet. Investors also form their own opinion of CommScope Holding's value that differs from its market value or its book value, called intrinsic value, which is CommScope Holding'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 CommScope Holding's market value can be influenced by many factors that don't directly affect CommScope Holding'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 CommScope Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if CommScope Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommScope Holding'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.