CPTNW Stock | | | USD 0.01 0 26.00% |
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 Cash And Short Term Investments and its Cash 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 board of governors.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cepton Inc Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cepton's Cash And Short Term Investments and Cash is 0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash 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 Cash And Short Term Investments and Cash 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 Short Term Investments of Cepton Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Cepton's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cepton Inc balance sheet. This account contains Cepton investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cepton Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Cepton Inc, which is listed under current asset account on Cepton Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cepton customers. The amounts must be unrestricted with restricted cash listed in a different Cepton account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 board of governors.
At this time, Cepton's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 105.9
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.9
K).
Cepton fundamental ratios Correlations
Click cells to compare fundamentals
Cepton Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cepton fundamental ratios Accounts
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Additional Tools for Cepton Stock Analysis
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measure Cepton's 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 Cepton is operating at the current time. Most of Cepton's value examination focuses on studying past and present price action to
predict the probability of Cepton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cepton's price. Additionally, you may evaluate how the addition of Cepton to your portfolios can decrease your overall portfolio volatility.