Cepton Free Cash Flow vs Cash Conversion Cycle Analysis
| CPTN Stock | USD 3.13 0.01 0.32% |
Cepton financial indicator trend analysis is way more than just evaluating Cepton Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cepton Inc is a good investment. Please check the relationship between Cepton 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 Cepton Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Free Cash Flow vs Cash Conversion Cycle
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 Cepton Inc Free Cash Flow account and Cash Conversion Cycle. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cepton's Free Cash Flow and Cash Conversion Cycle is 0.93. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Conversion Cycle in the same time period over historical financial statements of Cepton Inc, assuming nothing else is changed. The correlation between historical values of Cepton's 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 Free Cash Flow of Cepton Inc 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 Free Cash Flow i.e., Cepton's Free Cash Flow and Cash Conversion Cycle go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Cash Conversion Cycle
Most indicators from Cepton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cepton Inc 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 Cepton Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Cepton's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 105.9 M, though Tax Provision is likely to grow to (1.9 K).
| 2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 467K | 2.1M | 2.2M | Interest Income | 38K | 34.2K | 32.5K |
Cepton fundamental ratios Correlations
Click cells to compare fundamentals
Cepton Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cepton fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 16.3M | 48.7M | 17.3M | 50.3M | 76.4M | 80.3M | |
| Total Stockholder Equity | (37.2M) | (55.9M) | (87.5M) | 1.6M | 60.5M | 63.6M | |
| Net Debt | (6.4M) | (10.2M) | (3.7M) | 10.8M | (39.8M) | (37.8M) | |
| Retained Earnings | (38.6M) | (58.2M) | (95.4M) | (86.1M) | (134.6M) | (127.9M) | |
| Cash | 11.3M | 11.3M | 3.7M | 32.0M | 50.4M | 52.9M | |
| Cash And Short Term Investments | 11.3M | 43.4M | 6.5M | 35.7M | 56.4M | 59.2M | |
| Liabilities And Stockholders Equity | 16.3M | 48.7M | 17.3M | 50.3M | 76.4M | 80.3M | |
| Other Stockholder Equity | (45.5M) | (269.7M) | (252.7M) | 37.7M | 96.6M | 101.4M | |
| Total Current Assets | 15.7M | 48.2M | 16.5M | 46.2M | 63.6M | 66.8M |
Pair Trading with Cepton
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 Cepton 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 Cepton will appreciate offsetting losses from the drop in the long position's value.Moving together with Cepton Stock
Moving against Cepton Stock
| 0.75 | KNW | Know Labs Fiscal Year End 17th of December 2024 | PairCorr |
| 0.63 | WATT | Energous | PairCorr |
| 0.54 | FCUV | Focus Universal | PairCorr |
| 0.48 | SVREW | SaverOne 2014 | PairCorr |
| 0.42 | VPG | Vishay Precision | PairCorr |
The ability to find closely correlated positions to Cepton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cepton 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 Cepton - 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 Cepton Inc to buy it.
The correlation of Cepton 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 Cepton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cepton Inc 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 Cepton 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cepton Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 Cepton. If investors know Cepton 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 Cepton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.63) | Revenue Per Share 1.121 | Quarterly Revenue Growth (0.86) | Return On Assets (0.27) | Return On Equity (0.45) |
The market value of Cepton Inc is measured differently than its book value, which is the value of Cepton that is recorded on the company's balance sheet. Investors also form their own opinion of Cepton's value that differs from its market value or its book value, called intrinsic value, which is Cepton'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 Cepton's market value can be influenced by many factors that don't directly affect Cepton'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 Cepton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cepton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cepton'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.