Cps Inventory vs Total Assets Analysis
CPSH Stock | USD 1.60 0.02 1.27% |
Cps Technologies financial indicator trend analysis is way more than just evaluating Cps Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cps Technologies is a good investment. Please check the relationship between Cps Technologies Inventory and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cps 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 state. For more detail on how to invest in Cps Stock please use our How to Invest in Cps Technologies guide.
Inventory vs Total Assets
Inventory vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cps Technologies Inventory account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cps Technologies' Inventory and Total Assets is 0.84. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Cps Technologies, assuming nothing else is changed. The correlation between historical values of Cps Technologies' Inventory and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Cps Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Cps Technologies' Inventory and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Total Assets
Total assets refers to the total amount of Cps Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cps Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Cps Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cps 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 Cps 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 state. For more detail on how to invest in Cps Stock please use our How to Invest in Cps Technologies guide.As of now, Cps Technologies' Selling General Administrative is increasing as compared to previous years. The Cps Technologies' current Tax Provision is estimated to increase to about 574.6 K, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 4.3M | 5.1M | 5.1M | 2.7M | Cost Of Revenue | 17.7M | 19.3M | 20.7M | 11.6M |
Cps Technologies fundamental ratios Correlations
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Cps Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cps Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.0M | 8.3M | 18.8M | 21.7M | 21.6M | 22.7M | |
Other Current Liab | 815.2K | 982.1K | 1.3M | 881.4K | 1.1M | 1.1M | |
Total Current Liabilities | 3.7M | 1.8M | 5.1M | 5.4M | 4.1M | 2.2M | |
Total Stockholder Equity | 5.4M | 6.3M | 13.2M | 15.7M | 17.3M | 18.2M | |
Property Plant And Equipment Net | 1.4M | 1.3M | 1.9M | 1.8M | 1.9M | 1.5M | |
Net Debt | 1.3M | 42.5K | (4.3M) | (7.7M) | (8.4M) | (8.0M) | |
Retained Earnings | (30.4M) | (29.5M) | (26.3M) | (24.1M) | (22.8M) | (23.9M) | |
Accounts Payable | 1.4M | 909.3K | 2.1M | 1.8M | 2.5M | 2.7M | |
Cash | 134.0K | 195.2K | 5.1M | 8.3M | 8.8M | 9.3M | |
Non Current Assets Total | 1.6M | 1.4M | 4.7M | 3.9M | 3.5M | 2.4M | |
Non Currrent Assets Other | 3.0M | 186.7K | 147.9K | (1.0) | (1.15) | (1.09) | |
Cash And Short Term Investments | 134.0K | 195.2K | 5.1M | 8.3M | 8.8M | 9.3M | |
Net Receivables | 4.1M | 2.9M | 4.9M | 4.5M | 4.5M | 2.4M | |
Common Stock Total Equity | 134.2K | 134.3K | 134.3K | 137.5K | 158.1K | 132.8K | |
Common Stock Shares Outstanding | 13.2M | 13.3M | 14.6M | 14.7M | 14.6M | 13.8M | |
Liabilities And Stockholders Equity | 9.0M | 8.3M | 18.8M | 21.7M | 21.6M | 22.7M | |
Non Current Liabilities Total | (12K) | 154.6K | 529.7K | 594.9K | 211.4K | 200.8K | |
Inventory | 3.1M | 3.7M | 3.9M | 4.9M | 4.6M | 4.8M | |
Other Current Assets | 147.8K | 71.5K | 225.9K | 211.2K | 276.3K | 208.5K | |
Other Stockholder Equity | 35.6M | 35.7M | 39.3M | 39.7M | 39.9M | 40.9M | |
Total Liab | 3.7M | 2.0M | 5.6M | 6.0M | 4.3M | 2.4M | |
Property Plant And Equipment Gross | 1.4M | 1.3M | 1.9M | 1.8M | 13.8M | 14.5M | |
Total Current Assets | 7.5M | 6.9M | 14.1M | 17.8M | 18.1M | 19.1M | |
Common Stock | 134.3K | 137.5K | 143.5K | 144.6K | 146.0K | 134.6K | |
Property Plant Equipment | 1.2M | 1.3M | 1.9M | 1.8M | 2.1M | 1.7M | |
Other Assets | 147.9K | 142K | 2.8M | 2.1M | 1.0 | 0.95 | |
Net Tangible Assets | 3.9M | 6.4M | 13.2M | 15.7M | 18.1M | 9.2M | |
Retained Earnings Total Equity | (26.0M) | (29.7M) | (30.4M) | (29.5M) | (26.5M) | (27.9M) | |
Capital Surpluse | 35.7M | 36.0M | 36.1M | 36.7M | 42.2M | 38.7M | |
Accumulated Depreciation | (9.3M) | (9.7M) | (10.1M) | (10.6M) | (9.5M) | (10.0M) |
Currently Active Assets on Macroaxis
When determining whether Cps Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cps Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cps Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cps Technologies Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cps 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 state. For more detail on how to invest in Cps Stock please use our How to Invest in Cps Technologies guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Electronic Equipment, Instruments & Components 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 Cps Technologies. If investors know Cps 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 Cps Technologies 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 (0.48) | Earnings Share (0.14) | Revenue Per Share 1.511 | Quarterly Revenue Growth (0.32) | Return On Assets (0.09) |
The market value of Cps Technologies is measured differently than its book value, which is the value of Cps that is recorded on the company's balance sheet. Investors also form their own opinion of Cps Technologies' value that differs from its market value or its book value, called intrinsic value, which is Cps Technologies' 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 Cps Technologies' market value can be influenced by many factors that don't directly affect Cps Technologies' 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 Cps Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cps Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cps Technologies' 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.