Compass Ev To Free Cash Flow vs Cash Conversion Cycle Analysis

COMP Stock

USD 7.09 0.11 1.53%

Compass financial indicator trend analysis is way more than just evaluating Compass prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compass is a good investment. Please check the relationship between Compass Ev To Free Cash Flow and its Cash Conversion Cycle accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass. 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.

To learn how to invest in Compass Stock, please use our How to Invest in Compass guide.

Ev To Free Cash Flow vs Cash Conversion Cycle

Ev To Free Cash Flow vs Cash Conversion Cycle Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Ev To Free Cash Flow account and Cash Conversion Cycle. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Compass' Ev To Free Cash Flow and Cash Conversion Cycle is -0.2. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash Conversion Cycle in the same time period over historical financial statements of Compass, assuming nothing else is changed. The correlation between historical values of Compass' Ev To Free Cash Flow and Cash Conversion Cycle is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Compass are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Ev To Free Cash Flow i.e., Compass' Ev To Free Cash Flow and Cash Conversion Cycle go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Cash Conversion Cycle

Most indicators from Compass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass 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 Compass. 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.

To learn how to invest in Compass Stock, please use our How to Invest in Compass guide.At this time, Compass' Selling General Administrative is relatively stable compared to the past year. As of 11/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop (420 K).

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.1B	553M	742.3M
Total Revenue	6.4B	6.0B	4.9B	4.5B

Gross Profit Total Revenue

Compass fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Non Current Liabilities Total	Capital Lease Obligations
Other Current Liab		0.95	-0.6	0.68	-0.84	-0.1	0.84	0.52	0.47	0.89	0.82	-0.53	0.67	0.08	0.73	0.98	0.73	0.86	0.59	-0.28	0.91	0.95	-0.46	0.92	-0.95	0.88
Total Current Liabilities	0.95		-0.72	0.66	-0.87	-0.01	0.69	0.59	0.54	0.89	0.8	-0.57	0.6	0.06	0.89	0.92	0.84	0.85	0.71	-0.34	0.94	0.93	-0.51	0.91	-0.91	0.93
Other Liab	-0.6	-0.72		-0.36	0.85	-0.3	-0.25	-0.64	-0.78	-0.79	-0.56	0.78	-0.49	0.48	-0.62	-0.62	-0.52	-0.72	-0.81	0.69	-0.63	-0.5	0.77	-0.72	0.7	-0.64
Net Tangible Assets	0.68	0.66	-0.36		-0.71	-0.42	0.86	-0.09	0.38	0.66	0.89	-0.45	0.07	0.04	0.65	0.6	0.72	0.87	0.58	-0.32	0.86	0.76	-0.47	0.81	-0.59	0.77
Retained Earnings	-0.84	-0.87	0.85	-0.71		0.15	-0.67	-0.38	-0.83	-0.86	-0.9	0.86	-0.41	0.39	-0.75	-0.86	-0.7	-0.96	-0.9	0.71	-0.88	-0.76	0.85	-0.96	0.91	-0.86
Accounts Payable	-0.1	-0.01	-0.3	-0.42	0.15		-0.41	0.75	-0.3	0.23	-0.48	0.3	0.58	0.2	-0.13	-0.15	-0.08	-0.25	-0.28	0.32	-0.18	-0.09	0.28	-0.26	0.19	-0.14
Other Assets	0.84	0.69	-0.25	0.86	-0.67	-0.41		0.05	0.27	0.7	0.84	-0.38	0.37	0.14	0.49	0.78	0.58	0.81	0.39	-0.17	0.81	0.83	-0.34	0.81	-0.74	0.72
Net Receivables	0.52	0.59	-0.64	-0.09	-0.38	0.75	0.05		0.13	0.66	0.05	-0.13	0.89	0.13	0.38	0.51	0.36	0.24	0.18	0.03	0.36	0.46	-0.09	0.31	-0.47	0.41
Common Stock Shares Outstanding	0.47	0.54	-0.78	0.38	-0.83	-0.3	0.27	0.13		0.46	0.68	-0.99	0.04	-0.75	0.53	0.57	0.34	0.69	0.93	-0.96	0.51	0.31	-0.95	0.71	-0.69	0.51
Other Current Assets	0.89	0.89	-0.79	0.66	-0.86	0.23	0.7	0.66	0.46		0.71	-0.54	0.74	0.0	0.66	0.83	0.69	0.85	0.59	-0.33	0.86	0.84	-0.5	0.87	-0.82	0.81
Other Stockholder Equity	0.82	0.8	-0.56	0.89	-0.9	-0.48	0.84	0.05	0.68	0.71		-0.73	0.17	-0.24	0.76	0.82	0.75	0.97	0.81	-0.58	0.92	0.81	-0.73	0.95	-0.84	0.88
Total Current Assets	-0.53	-0.57	0.78	-0.45	0.86	0.3	-0.38	-0.13	-0.99	-0.54	-0.73		-0.12	0.73	-0.48	-0.62	-0.32	-0.75	-0.91	0.96	-0.55	-0.36	0.95	-0.77	0.74	-0.52
Property Plant Equipment	0.67	0.6	-0.49	0.07	-0.41	0.58	0.37	0.89	0.04	0.74	0.17	-0.12		0.23	0.24	0.64	0.29	0.34	0.06	0.11	0.42	0.57	-0.03	0.42	-0.58	0.42
Total Assets	0.08	0.06	0.48	0.04	0.39	0.2	0.14	0.13	-0.75	0.0	-0.24	0.73	0.23		0.04	-0.07	0.13	-0.25	-0.58	0.84	0.03	0.23	0.81	-0.18	0.21	-0.01
Short Long Term Debt Total	0.73	0.89	-0.62	0.65	-0.75	-0.13	0.49	0.38	0.53	0.66	0.76	-0.48	0.24	0.04		0.71	0.94	0.76	0.77	-0.33	0.89	0.82	-0.5	0.77	-0.72	0.92
Total Stockholder Equity	0.98	0.92	-0.62	0.6	-0.86	-0.15	0.78	0.51	0.57	0.83	0.82	-0.62	0.64	-0.07	0.71		0.68	0.84	0.64	-0.38	0.87	0.89	-0.56	0.91	-0.99	0.86
Property Plant And Equipment Net	0.73	0.84	-0.52	0.72	-0.7	-0.08	0.58	0.36	0.34	0.69	0.75	-0.32	0.29	0.13	0.94	0.68		0.77	0.64	-0.14	0.91	0.88	-0.41	0.72	-0.66	0.95
Current Deferred Revenue	0.86	0.85	-0.72	0.87	-0.96	-0.25	0.81	0.24	0.69	0.85	0.97	-0.75	0.34	-0.25	0.76	0.84	0.77		0.83	-0.59	0.94	0.83	-0.76	0.97	-0.86	0.9
Net Debt	0.59	0.71	-0.81	0.58	-0.9	-0.28	0.39	0.18	0.93	0.59	0.81	-0.91	0.06	-0.58	0.77	0.64	0.64	0.83		-0.85	0.73	0.53	-0.92	0.81	-0.74	0.74
Cash	-0.28	-0.34	0.69	-0.32	0.71	0.32	-0.17	0.03	-0.96	-0.33	-0.58	0.96	0.11	0.84	-0.33	-0.38	-0.14	-0.59	-0.85		-0.35	-0.11	0.93	-0.59	0.52	-0.32
Non Current Assets Total	0.91	0.94	-0.63	0.86	-0.88	-0.18	0.81	0.36	0.51	0.86	0.92	-0.55	0.42	0.03	0.89	0.87	0.91	0.94	0.73	-0.35		0.95	-0.55	0.94	-0.85	0.98
Non Currrent Assets Other	0.95	0.93	-0.5	0.76	-0.76	-0.09	0.83	0.46	0.31	0.84	0.81	-0.36	0.57	0.23	0.82	0.89	0.88	0.83	0.53	-0.11	0.95		-0.35	0.85	-0.84	0.95
Cash And Short Term Investments	-0.46	-0.51	0.77	-0.47	0.85	0.28	-0.34	-0.09	-0.95	-0.5	-0.73	0.95	-0.03	0.81	-0.5	-0.56	-0.41	-0.76	-0.92	0.93	-0.55	-0.35		-0.71	0.67	-0.57
Good Will	0.92	0.91	-0.72	0.81	-0.96	-0.26	0.81	0.31	0.71	0.87	0.95	-0.77	0.42	-0.18	0.77	0.91	0.72	0.97	0.81	-0.59	0.94	0.85	-0.71		-0.93	0.88
Non Current Liabilities Total	-0.95	-0.91	0.7	-0.59	0.91	0.19	-0.74	-0.47	-0.69	-0.82	-0.84	0.74	-0.58	0.21	-0.72	-0.99	-0.66	-0.86	-0.74	0.52	-0.85	-0.84	0.67	-0.93		-0.85
Capital Lease Obligations	0.88	0.93	-0.64	0.77	-0.86	-0.14	0.72	0.41	0.51	0.81	0.88	-0.52	0.42	-0.01	0.92	0.86	0.95	0.9	0.74	-0.32	0.98	0.95	-0.57	0.88	-0.85

Click cells to compare fundamentals

Compass Account Relationship Matchups

Compass fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	28M	168.8M	304.8M	212.9M	175.2M	164.2M
Total Current Liabilities	178.4M	281.9M	437.1M	517.5M	292.5M	328.7M
Other Liab	7.9M	23.5M	32.9M	8.4M	7.6M	7.2M
Net Tangible Assets	(815.2M)	(1.0B)	528.3M	219.4M	252.3M	264.9M
Retained Earnings	(825.1M)	(1.2B)	(1.6B)	(2.2B)	(2.5B)	(2.4B)
Accounts Payable	76.6M	36.6M	34.6M	28.1M	18.4M	29.9M
Other Assets	25.4M	32.1M	48.4M	35.3M	40.6M	37.9M
Net Receivables	126.2M	104.3M	81.4M	79.5M	36.6M	61.6M
Other Current Assets	73.3M	54.9M	94.9M	76.5M	78.5M	76.2M
Other Stockholder Equity	(1.4B)	238M	2.4B	2.7B	2.9B	3.1B
Total Current Assets	746.7M	599.3M	794.6M	517.9M	282M	492.7M
Property Plant Equipment	565.9M	568.3M	642.1M	192.5M	221.4M	210.3M

Pair Trading with Compass

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

Moving against Compass Stock

0.34

DIOD

Diodes Incorporated

Pair Corr

The ability to find closely correlated positions to Compass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass 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 Compass - 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 Compass to buy it.

The correlation of Compass 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 Compass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass 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 Compass 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 Correlation Correlation Matching

Additional Tools for Compass Stock Analysis

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

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