CSP Depreciation vs Net Income Analysis

CSPI Stock  USD 15.82  0.83  4.98%   
CSP financial indicator trend analysis is way more than just evaluating CSP Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSP Inc is a good investment. Please check the relationship between CSP Depreciation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSP 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 american community survey.

Depreciation vs Net Income

Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSP Inc Depreciation account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CSP's Depreciation and Net Income is -0.01. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of CSP Inc, assuming nothing else is changed. The correlation between historical values of CSP's Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of CSP Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., CSP's Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of CSP Inc value has been used up. For tax purposes CSP can deduct the cost of the tangible assets it purchases as business expenses. However, CSP Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CSP Inc financial statement analysis. It represents the amount of money remaining after all of CSP Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CSP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSP 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 CSP 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 american community survey.
The current Selling General Administrative is estimated to decrease to about 13.1 M. The CSP's current Tax Provision is estimated to increase to about (401 K)
 2021 2022 2023 2024 (projected)
Interest Expense360K262K235.8K447.2K
Depreciation And Amortization935K931K837.9K565.5K

CSP fundamental ratios Correlations

-0.170.420.540.1-0.470.640.520.670.670.750.650.530.40.050.130.760.650.170.980.640.83-0.690.84-0.82-0.1
-0.170.73-0.56-0.150.49-0.48-0.57-0.5-0.3-0.530.21-0.66-0.740.35-0.13-0.530.40.15-0.04-0.01-0.32-0.28-0.370.10.75
0.420.73-0.27-0.020.29-0.15-0.29-0.060.18-0.160.6-0.27-0.360.410.11-0.10.880.350.540.620.13-0.590.07-0.370.63
0.54-0.56-0.270.02-0.670.940.930.920.770.690.520.890.37-0.31-0.180.73-0.10.070.450.160.76-0.330.81-0.59-0.43
0.1-0.15-0.020.020.230.01-0.10.270.16-0.110.060.350.29-0.2-0.20.250.130.290.00.080.29-0.070.23-0.22-0.01
-0.470.490.29-0.670.23-0.69-0.85-0.5-0.4-0.85-0.1-0.42-0.480.11-0.26-0.430.070.21-0.45-0.01-0.380.39-0.450.450.35
0.64-0.48-0.150.940.01-0.690.920.890.760.720.550.820.49-0.01-0.110.680.09-0.060.580.220.83-0.530.82-0.78-0.25
0.52-0.57-0.290.93-0.1-0.850.920.790.690.80.390.740.46-0.170.030.6-0.08-0.140.470.10.65-0.380.69-0.58-0.4
0.67-0.5-0.060.920.27-0.50.890.790.880.580.630.960.44-0.24-0.120.770.160.280.550.420.86-0.460.88-0.72-0.29
0.67-0.30.180.770.16-0.40.760.690.880.510.660.790.24-0.09-0.010.620.320.150.60.580.73-0.510.74-0.66-0.26
0.75-0.53-0.160.69-0.11-0.850.720.80.580.510.210.530.51-0.160.140.750.09-0.220.70.160.65-0.370.72-0.55-0.5
0.650.210.60.520.06-0.10.550.390.630.660.210.46-0.050.03-0.060.430.610.390.670.550.66-0.660.64-0.70.28
0.53-0.66-0.270.890.35-0.420.820.740.960.790.530.460.49-0.38-0.20.79-0.050.250.380.280.8-0.220.83-0.56-0.45
0.4-0.74-0.360.370.29-0.480.490.460.440.240.51-0.050.490.160.460.370.12-0.220.330.230.42-0.230.36-0.48-0.23
0.050.350.41-0.31-0.20.11-0.01-0.17-0.24-0.09-0.160.03-0.380.160.29-0.450.52-0.370.180.24-0.08-0.49-0.25-0.340.62
0.13-0.130.11-0.18-0.2-0.26-0.110.03-0.12-0.010.14-0.06-0.20.460.29-0.240.34-0.220.20.35-0.23-0.23-0.22-0.020.18
0.76-0.53-0.10.730.25-0.430.680.60.770.620.750.430.790.37-0.45-0.240.090.20.640.260.87-0.20.94-0.53-0.54
0.650.40.88-0.10.130.070.09-0.080.160.320.090.61-0.050.120.520.340.090.260.740.770.35-0.750.26-0.630.55
0.170.150.350.070.290.21-0.06-0.140.280.15-0.220.390.25-0.22-0.37-0.220.20.260.120.450.16-0.070.21-0.080.15
0.98-0.040.540.450.0-0.450.580.470.550.60.70.670.380.330.180.20.640.740.120.650.75-0.750.74-0.820.03
0.64-0.010.620.160.08-0.010.220.10.420.580.160.550.280.230.240.350.260.770.450.650.37-0.490.34-0.510.1
0.83-0.320.130.760.29-0.380.830.650.860.730.650.660.80.42-0.08-0.230.870.350.160.750.37-0.550.97-0.83-0.17
-0.69-0.28-0.59-0.33-0.070.39-0.53-0.38-0.46-0.51-0.37-0.66-0.22-0.23-0.49-0.23-0.2-0.75-0.07-0.75-0.49-0.55-0.470.86-0.48
0.84-0.370.070.810.23-0.450.820.690.880.740.720.640.830.36-0.25-0.220.940.260.210.740.340.97-0.47-0.74-0.29
-0.820.1-0.37-0.59-0.220.45-0.78-0.58-0.72-0.66-0.55-0.7-0.56-0.48-0.34-0.02-0.53-0.63-0.08-0.82-0.51-0.830.86-0.74-0.17
-0.10.750.63-0.43-0.010.35-0.25-0.4-0.29-0.26-0.50.28-0.45-0.230.620.18-0.540.550.150.030.1-0.17-0.48-0.29-0.17
Click cells to compare fundamentals

CSP Account Relationship Matchups

CSP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.6M63.0M75.1M65.9M75.8M42.5M
Other Current Liab2.3M2.2M2.6M3.7M4.2M3.8M
Total Current Liabilities13.0M17.8M30.2M15.7M18.0M12.3M
Total Stockholder Equity29.5M34.0M39.0M46.1M53.1M55.7M
Property Plant And Equipment Net3.1M2.1M1.8M1.5M1.3M1.6M
Net Debt(15.4M)(18.3M)(18.8M)(22.3M)(20.0M)(19.0M)
Retained Earnings24.5M25.2M26.8M31.3M36.0M37.8M
Cash19.3M20.0M24.0M25.2M29.0M30.4M
Non Current Assets Total12.1M13.9M15.6M15.5M17.9M18.8M
Non Currrent Assets Other7.7M4.3M13.5M9.8M11.3M11.9M
Cash And Short Term Investments19.3M20.0M24.0M25.2M29.0M16.1M
Net Receivables13.4M18.7M23.0M21.0M24.2M25.4M
Common Stock Shares Outstanding8.1M8.4M8.6M8.9M10.3M10.8M
Liabilities And Stockholders Equity53.6M63.0M75.1M65.9M75.8M42.5M
Non Current Liabilities Total11.1M11.1M5.9M4.1M4.7M4.8M
Inventory5.3M4.0M4.4M2.5M2.9M4.9M
Other Current Assets3.7M6.3M8.1M1.6M1.8M1.7M
Other Stockholder Equity17.0M18.3M19.5M20.9M24.0M13.8M
Total Liab24.1M28.9M36.1M19.8M22.7M17.1M
Property Plant And Equipment Gross1.0M2.1M1.8M1.5M1.3M1.5M
Total Current Assets41.6M49.0M59.5M50.4M57.9M35.2M
Accumulated Other Comprehensive Income(12.0M)(9.4M)(7.3M)(6.1M)(5.5M)(5.8M)
Accounts Payable5.6M11.3M19.2M6.7M7.7M7.7M
Short Term Investments336K68K17K8K7.2K6.8K
Common Stock43K45K46K48K55.2K42.7K
Intangible Assets28K19K10K46K41.4K39.3K
Other Liab7.9M7.3M9.4M4.8M5.6M9.0M
Other Assets11.5M11.0M11.8M13.8M15.9M16.7M
Property Plant Equipment1.3M1.0M2.1M1.8M1.6M1.1M
Short Long Term Debt Total6.6M1.7M5.2M2.9M3.4M3.5M
Current Deferred Revenue947K1.9M4.1M1.9M1.7M2.4M
Short Term Debt4.1M2.3M4.1M2.5M2.8M3.0M
Long Term Debt684K2.5M876K449K516.4K376.6K
Net Tangible Assets30.4M29.5M34.0M39.0M44.8M28.2M
Non Current Liabilities Other8.6M4.8M3.5M2.4M2.1M2.0M

Currently Active Assets on Macroaxis

When determining whether CSP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSP's 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 Csp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csp Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSP 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 american community survey.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is IT Consulting & Other Services 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 CSP. If investors know CSP 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 CSP 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
4.333
Dividend Share
0.105
Earnings Share
0.28
Revenue Per Share
6.409
Quarterly Revenue Growth
(0.26)
The market value of CSP Inc is measured differently than its book value, which is the value of CSP that is recorded on the company's balance sheet. Investors also form their own opinion of CSP's value that differs from its market value or its book value, called intrinsic value, which is CSP'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 CSP's market value can be influenced by many factors that don't directly affect CSP'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 CSP's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSP'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.