Cepton Reconciled Depreciation vs Income Before Tax Analysis

CPTNW Stock  USD 0.01  0.0009  8.26%   
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 Reconciled Depreciation and its Income Before Tax 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.

Reconciled Depreciation vs Income Before Tax

Reconciled Depreciation vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cepton Inc Reconciled Depreciation account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cepton's Reconciled Depreciation and Income Before Tax is -0.56. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax 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 Reconciled Depreciation and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Cepton Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Reconciled Depreciation i.e., Cepton's Reconciled Depreciation and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Reconciled Depreciation

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Cepton income statement and is an important metric when analyzing Cepton Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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).
 2021 2023 2024 (projected)
Depreciation And Amortization467K2.1M2.2M
Interest Income38K34.2K32.5K

Cepton fundamental ratios Correlations

0.470.39-0.78-0.930.570.960.990.360.13-0.191.00.850.20.460.170.820.87-0.19-0.890.83-0.450.270.090.830.91
0.470.150.12-0.460.580.50.440.940.21-0.070.490.66-0.090.98-0.230.140.310.09-0.520.26-0.550.390.760.510.51
0.390.15-0.54-0.2-0.30.580.390.230.91-0.830.330.53-0.730.310.860.720.720.74-0.020.62-0.86-0.470.390.570.09
-0.780.12-0.540.73-0.19-0.79-0.770.21-0.250.36-0.74-0.6-0.040.09-0.49-0.94-0.880.030.56-0.880.340.220.33-0.67-0.61
-0.93-0.46-0.20.73-0.76-0.89-0.89-0.260.010.07-0.92-0.86-0.32-0.40.08-0.76-0.810.320.93-0.850.33-0.170.07-0.81-0.95
0.570.58-0.3-0.19-0.760.460.510.36-0.40.440.590.570.60.42-0.650.240.33-0.62-0.850.430.050.39-0.090.440.82
0.960.50.58-0.79-0.890.460.930.40.39-0.410.940.92-0.070.530.330.90.950.07-0.770.91-0.660.030.210.890.81
0.990.440.39-0.77-0.890.510.930.350.11-0.180.990.80.210.430.210.80.84-0.2-0.860.78-0.420.330.10.80.89
0.360.940.230.21-0.260.360.40.350.32-0.080.370.5-0.250.95-0.050.050.210.26-0.320.12-0.60.370.880.410.3
0.130.210.91-0.250.01-0.40.390.110.32-0.860.070.4-0.930.390.780.480.50.930.230.43-0.91-0.610.560.41-0.17
-0.19-0.07-0.830.360.070.44-0.41-0.18-0.08-0.86-0.13-0.430.77-0.26-0.75-0.53-0.53-0.77-0.15-0.460.780.56-0.38-0.40.09
1.00.490.33-0.74-0.920.590.940.990.370.07-0.130.830.250.460.120.770.83-0.24-0.90.78-0.40.340.10.810.92
0.850.660.53-0.6-0.860.570.920.80.50.4-0.430.83-0.090.680.140.790.880.09-0.770.87-0.70.00.310.880.8
0.2-0.09-0.73-0.04-0.320.6-0.070.21-0.25-0.930.770.25-0.09-0.27-0.72-0.17-0.17-1.0-0.54-0.10.760.64-0.58-0.110.5
0.460.980.310.09-0.40.420.530.430.950.39-0.260.460.68-0.27-0.050.190.360.27-0.430.29-0.690.270.850.550.42
0.17-0.230.86-0.490.08-0.650.330.21-0.050.78-0.750.120.14-0.72-0.050.540.480.740.280.35-0.61-0.480.210.25-0.21
0.820.140.72-0.94-0.760.240.90.80.050.48-0.530.770.79-0.170.190.540.980.16-0.580.97-0.6-0.29-0.070.80.64
0.870.310.72-0.88-0.810.330.950.840.210.5-0.530.830.88-0.170.360.480.980.17-0.650.98-0.68-0.210.070.860.71
-0.190.090.740.030.32-0.620.07-0.20.260.93-0.77-0.240.09-1.00.270.740.160.170.540.09-0.76-0.620.590.11-0.5
-0.89-0.52-0.020.560.93-0.85-0.77-0.86-0.320.23-0.15-0.9-0.77-0.54-0.430.28-0.58-0.650.54-0.670.14-0.460.06-0.7-1.0
0.830.260.62-0.88-0.850.430.910.780.120.43-0.460.780.87-0.10.290.350.970.980.09-0.67-0.6-0.29-0.060.830.72
-0.45-0.55-0.860.340.330.05-0.66-0.42-0.6-0.910.78-0.4-0.70.76-0.69-0.61-0.6-0.68-0.760.14-0.60.35-0.69-0.67-0.18
0.270.39-0.470.22-0.170.390.030.330.37-0.610.560.340.00.640.27-0.48-0.29-0.21-0.62-0.46-0.290.350.180.050.41
0.090.760.390.330.07-0.090.210.10.880.56-0.380.10.31-0.580.850.21-0.070.070.590.06-0.06-0.690.180.27-0.06
0.830.510.57-0.67-0.810.440.890.80.410.41-0.40.810.88-0.110.550.250.80.860.11-0.70.83-0.670.050.270.73
0.910.510.09-0.61-0.950.820.810.890.3-0.170.090.920.80.50.42-0.210.640.71-0.5-1.00.72-0.180.41-0.060.73
Click cells to compare fundamentals

Cepton Account Relationship Matchups

Cepton fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.3M48.7M17.3M50.3M76.4M80.3M
Total Stockholder Equity(37.2M)(55.9M)(87.5M)1.6M60.5M63.6M
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)
Cash11.3M11.3M3.7M32.0M50.4M52.9M
Cash And Short Term Investments11.3M43.4M6.5M35.7M56.4M59.2M
Liabilities And Stockholders Equity16.3M48.7M17.3M50.3M76.4M80.3M
Other Stockholder Equity(45.5M)(269.7M)(252.7M)37.7M96.6M101.4M
Total Current Assets15.7M48.2M16.5M46.2M63.6M66.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Cepton Stock Analysis

When running Cepton's price analysis, check to 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.