Ceragon Long Term Investments vs Net Receivables Analysis

CRNT Stock  USD 4.06  0.36  9.73%   
Ceragon Networks financial indicator trend analysis is way more than just evaluating Ceragon Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceragon Networks is a good investment. Please check the relationship between Ceragon Networks Long Term Investments and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceragon Networks. 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.
For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.

Long Term Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceragon Networks Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ceragon Networks' Long Term Investments and Net Receivables is 0.18. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Ceragon Networks, assuming nothing else is changed. The correlation between historical values of Ceragon Networks' Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Ceragon Networks are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Ceragon Networks' Long Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Ceragon Networks balance sheet that represents investments Ceragon Networks intends to hold for over a year. Ceragon Networks long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Receivables

Most indicators from Ceragon Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceragon Networks 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 Ceragon Networks. 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.
For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.At this time, Ceragon Networks' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.51 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit88.4M93.1M119.9M78.3M
Total Revenue290.8M295.2M347.2M246.0M

Ceragon Networks fundamental ratios Correlations

0.650.760.910.810.560.16-0.390.880.750.830.290.830.870.290.210.810.920.610.940.080.980.290.860.530.29
0.650.560.760.280.580.75-0.370.550.490.570.150.520.50.160.030.60.630.340.760.370.630.180.650.090.2
0.760.560.810.380.130.24-0.080.610.610.49-0.020.740.73-0.06-0.190.770.660.210.85-0.10.79-0.070.850.310.31
0.910.760.810.540.390.23-0.390.910.840.610.040.860.910.260.110.710.780.510.970.00.940.250.820.340.12
0.810.280.380.540.69-0.1-0.520.670.510.820.530.550.630.510.520.490.820.760.560.210.750.510.510.570.23
0.560.580.130.390.690.48-0.730.440.230.70.580.220.290.580.590.290.630.740.380.670.470.620.280.240.19
0.160.750.240.23-0.10.48-0.1-0.06-0.170.330.23-0.07-0.13-0.1-0.140.360.29-0.030.290.490.1-0.060.29-0.080.44
-0.39-0.37-0.08-0.39-0.52-0.73-0.1-0.52-0.4-0.29-0.29-0.25-0.42-0.91-0.870.13-0.4-0.92-0.25-0.38-0.4-0.920.04-0.060.25
0.880.550.610.910.670.44-0.06-0.520.870.580.120.820.950.430.320.560.720.660.86-0.040.920.410.670.4-0.1
0.750.490.610.840.510.23-0.17-0.40.870.39-0.120.930.920.270.140.450.50.490.77-0.040.820.250.640.21-0.27
0.830.570.490.610.820.70.33-0.290.580.390.650.460.520.290.270.760.860.550.70.220.720.30.730.670.46
0.290.15-0.020.040.530.580.23-0.290.12-0.120.65-0.180.060.340.410.210.350.430.10.030.150.350.120.730.12
0.830.520.740.860.550.22-0.07-0.250.820.930.46-0.180.890.08-0.040.630.630.370.850.010.890.070.770.220.02
0.870.50.730.910.630.29-0.13-0.420.950.920.520.060.890.310.190.560.660.570.86-0.130.920.290.710.38-0.14
0.290.16-0.060.260.510.58-0.1-0.910.430.270.290.340.080.310.97-0.230.350.920.110.190.271.0-0.160.16-0.22
0.210.03-0.190.110.520.59-0.14-0.870.320.140.270.41-0.040.190.97-0.280.30.89-0.010.20.180.97-0.250.18-0.19
0.810.60.770.710.490.290.360.130.560.450.760.210.630.56-0.23-0.280.770.090.85-0.020.77-0.230.960.520.58
0.920.630.660.780.820.630.29-0.40.720.50.860.350.630.660.350.30.770.610.830.190.880.350.760.480.53
0.610.340.210.510.760.74-0.03-0.920.660.490.550.430.370.570.920.890.090.610.410.220.580.920.170.34-0.1
0.940.760.850.970.560.380.29-0.250.860.770.70.10.850.860.11-0.010.850.830.41-0.010.950.110.920.420.28
0.080.37-0.10.00.210.670.49-0.38-0.04-0.040.220.030.01-0.130.190.2-0.020.190.22-0.010.030.250.01-0.470.19
0.980.630.790.940.750.470.1-0.40.920.820.720.150.890.920.270.180.770.880.580.950.030.260.850.450.21
0.290.18-0.070.250.510.62-0.06-0.920.410.250.30.350.070.291.00.97-0.230.350.920.110.250.26-0.160.14-0.21
0.860.650.850.820.510.280.290.040.670.640.730.120.770.71-0.16-0.250.960.760.170.920.010.85-0.160.450.43
0.530.090.310.340.570.24-0.08-0.060.40.210.670.730.220.380.160.180.520.480.340.42-0.470.450.140.450.22
0.290.20.310.120.230.190.440.25-0.1-0.270.460.120.02-0.14-0.22-0.190.580.53-0.10.280.190.21-0.210.430.22
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Ceragon Networks Account Relationship Matchups

Ceragon Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets289.9M272.4M292.6M301.6M298.5M249.4M
Other Current Liab28.2M19.7M18.7M17.3M20.6M18.1M
Total Current Liabilities104.2M100.4M115.7M132.8M133.0M96.1M
Total Stockholder Equity160.4M146.1M137.2M132.1M134.0M130.6M
Property Plant And Equipment Net34.9M39.1M49.6M47.4M49.5M52.0M
Net Debt(9.3M)(14.1M)19.3M31.5M22.0M23.1M
Retained Earnings(229.1M)(246.9M)(261.7M)(269.1M)(275.2M)(261.4M)
Accounts Payable59.6M63.7M69.4M67.4M67.0M53.8M
Cash23.9M27.1M17.1M22.9M28.2M24.4M
Non Current Assets Total74.3M72.7M78.6M78.6M80.6M50.0M
Non Currrent Assets Other23.4M19.2M22.7M22.9M6.9M9.9M
Cash And Short Term Investments23.9M27.1M17.1M22.9M28.2M31.1M
Net Receivables129.6M107.4M107.8M100.0M104.3M94.6M
Common Stock Shares Outstanding80.3M81.1M83.4M84.1M85.5M53.3M
Liabilities And Stockholders Equity289.9M272.4M292.6M301.6M298.5M249.4M
Non Current Liabilities Total25.3M25.9M39.7M36.7M31.6M22.7M
Inventory62.1M50.6M61.4M72.0M69.8M50.2M
Other Stockholder Equity398.0M400.9M408.2M412.1M417.1M318.9M
Total Liab129.5M126.3M155.4M169.5M164.5M118.8M
Property Plant And Equipment Gross34.9M38.5M49.6M47.4M181.1M190.1M
Total Current Assets215.6M199.7M214.0M223.0M217.9M199.3M
Accumulated Other Comprehensive Income(8.7M)(8.1M)(9.5M)(11.2M)(8.1M)(7.7M)
Other Liab20.4M22.0M22.5M23.5M27.0M18.4M
Other Assets21.3M27.9M22.7M22.9M1.00.95
Other Current Assets11.0M14.8M17.2M15.8M21.2M11.3M
Property Plant Equipment45.0M38.5M49.6M47.4M54.5M57.3M
Current Deferred Revenue1.7M3.5M3.4M3.3M8.8M6.8M
Short Term Debt14.6M9.2M19.2M41.2M36.5M19.3M
Intangible Assets7.9M6.1M6.3M8.2M16.4M17.2M
Net Tangible Assets152.5M140.0M130.9M111.6M128.3M137.1M

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Additional Tools for Ceragon Stock Analysis

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