Cambridge Good Will vs Total Liab Analysis

CTE Stock   87.26  1.50  1.75%   
Cambridge Technology financial indicator trend analysis is way more than just evaluating Cambridge Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cambridge Technology is a good investment. Please check the relationship between Cambridge Technology Good Will and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambridge Technology Enterprises. 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.

Good Will vs Total Liab

Good Will vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cambridge Technology Good Will account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cambridge Technology's Good Will and Total Liab is -0.24. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of Cambridge Technology Enterprises, assuming nothing else is changed. The correlation between historical values of Cambridge Technology's Good Will and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Cambridge Technology Enterprises are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Good Will i.e., Cambridge Technology's Good Will and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Cambridge Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cambridge Technology 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 Cambridge Technology Enterprises. 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.
The current year's Tax Provision is expected to grow to about 25.8 M, whereas Selling General Administrative is forecasted to decline to about 34.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit265.5M354.6M386.6M354.7M
Total Revenue1.1B1.8B2.1B1.1B

Cambridge Technology fundamental ratios Correlations

0.840.530.950.80.930.810.760.860.940.830.880.20.720.040.61-0.180.890.970.350.230.670.930.03-0.540.45
0.840.480.850.40.890.990.340.840.790.880.80.30.960.170.450.040.960.820.450.090.420.88-0.13-0.210.21
0.530.480.660.180.380.510.10.330.750.320.27-0.540.570.180.00.260.660.34-0.430.840.560.3-0.080.17-0.22
0.950.850.660.650.840.830.610.820.940.810.790.10.76-0.020.57-0.120.940.890.250.350.70.860.11-0.440.24
0.80.40.180.650.730.330.980.630.680.550.730.240.19-0.050.59-0.360.440.830.330.040.550.730.07-0.750.69
0.930.890.380.840.730.840.650.90.830.890.910.370.750.180.57-0.030.840.940.52-0.010.450.97-0.19-0.410.44
0.810.990.510.830.330.840.280.750.780.810.720.240.970.110.470.010.960.770.380.120.460.82-0.05-0.190.16
0.760.340.10.610.980.650.280.550.620.470.670.240.14-0.140.62-0.510.390.80.320.010.590.670.23-0.850.73
0.860.840.330.820.630.90.750.550.750.970.90.450.690.20.420.060.80.870.61-0.020.280.95-0.27-0.370.36
0.940.790.750.940.680.830.780.620.750.710.72-0.050.740.150.41-0.050.890.830.10.450.670.79-0.04-0.390.33
0.830.880.320.810.550.890.810.470.970.710.860.490.740.090.490.020.820.850.65-0.080.280.94-0.22-0.310.28
0.880.80.270.790.730.910.720.670.90.720.860.440.650.20.5-0.010.760.930.570.010.380.92-0.19-0.480.5
0.20.3-0.540.10.240.370.240.240.45-0.050.490.440.12-0.020.34-0.140.120.350.78-0.79-0.360.49-0.14-0.420.31
0.720.960.570.760.190.750.970.140.690.740.740.650.120.20.310.110.940.660.250.240.40.71-0.11-0.020.06
0.040.170.18-0.02-0.050.180.11-0.140.20.150.090.2-0.020.2-0.640.770.1-0.040.00.1-0.390.08-0.680.240.07
0.610.450.00.570.590.570.470.620.420.410.490.50.340.31-0.64-0.610.470.710.41-0.20.650.620.5-0.560.26
-0.180.040.26-0.12-0.36-0.030.01-0.510.06-0.050.02-0.01-0.140.110.77-0.610.0-0.26-0.120.18-0.45-0.09-0.670.64-0.47
0.890.960.660.940.440.840.960.390.80.890.820.760.120.940.10.470.00.830.270.310.590.84-0.01-0.240.16
0.970.820.340.890.830.940.770.80.870.830.850.930.350.66-0.040.71-0.260.830.490.050.620.950.08-0.610.5
0.350.45-0.430.250.330.520.380.320.610.10.650.570.780.250.00.41-0.120.270.49-0.73-0.140.64-0.19-0.450.41
0.230.090.840.350.04-0.010.120.01-0.020.45-0.080.01-0.790.240.1-0.20.180.310.05-0.730.5-0.10.080.24-0.2
0.670.420.560.70.550.450.460.590.280.670.280.38-0.360.4-0.390.65-0.450.590.62-0.140.50.420.6-0.40.15
0.930.880.30.860.730.970.820.670.950.790.940.920.490.710.080.62-0.090.840.950.64-0.10.42-0.12-0.510.43
0.03-0.13-0.080.110.07-0.19-0.050.23-0.27-0.04-0.22-0.19-0.14-0.11-0.680.5-0.67-0.010.08-0.190.080.6-0.12-0.37-0.09
-0.54-0.210.17-0.44-0.75-0.41-0.19-0.85-0.37-0.39-0.31-0.48-0.42-0.020.24-0.560.64-0.24-0.61-0.450.24-0.4-0.51-0.37-0.74
0.450.21-0.220.240.690.440.160.730.360.330.280.50.310.060.070.26-0.470.160.50.41-0.20.150.43-0.09-0.74
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Cambridge Technology Account Relationship Matchups

Cambridge Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.3B1.8B2.7B2.9B
Short Long Term Debt Total180.4M166.4M356.8M569.3M1.2B1.3B
Other Current Liab51.8M63.3M8.4M113.7M266.4M279.7M
Total Current Liabilities213.7M331.0M289.0M435.7M895.2M939.9M
Total Stockholder Equity734.9M747.5M853.9M987.8M1.1B1.2B
Property Plant And Equipment Net77.9M38.6M211.7M371.0M608.8M639.2M
Net Debt162.2M23.0M222.7M535.3M947.2M994.6M
Retained Earnings621.8M711.0M810.9M904.8M939.4M986.4M
Cash18.3M143.4M134.1M34.0M549.7M577.1M
Non Current Assets Total521.7M394.6M587.3M703.7M1.1B1.2B
Non Currrent Assets Other37.7M52.8M35.7M35.2M420.3M441.4M
Cash And Short Term Investments18.3M340.4M142.1M319.8M549.7M577.1M
Liabilities And Stockholders Equity1.0B1.1B1.3B1.8B2.7B2.9B
Non Current Liabilities Total86.2M67.5M200.9M339.1M705.1M740.3M
Inventory(336.9M)2.8M216.3M(82.2M)1.01.05
Other Current Assets234.8M21.9M82.0M537.3M449.1M471.6M
Other Stockholder Equity(818.1M)(159.8M)(153.3M)(226.7M)210.0220.5
Total Liab299.9M398.5M489.9M774.8M1.6B1.7B
Total Current Assets513.1M751.5M756.5M1.1B1.6B1.7B
Accumulated Other Comprehensive Income(14.5M)(159.8M)(153.3M)(113.4M)(11.1M)(11.6M)
Accounts Payable29.7M129.4M19.6M44.9M51.6M52.3M
Net Receivables303.6M313.1M316.1M583.6M592.8M351.5M
Short Term Debt122.5M133.5M193.8M274.9M565.4M593.7M
Current Deferred Revenue55.9M61.4M67.1M87.7M11.8M11.2M
Intangible Assets209.5M165.9M189.6M145.5M157.6M108.4M
Other Liab28.2M34.5M37.9M44.7M51.4M54.0M
Net Tangible Assets525.4M581.7M664.2M841.8M968.1M503.3M
Other Assets66.5M(10.0)58.2M1K1.2K1.1K
Property Plant Equipment77.9M38.6M211.7M225.5M259.3M272.3M
Long Term Debt10.8M10.9M151.6M294.4M634.5M666.2M
Short Term Investments102.5M197.0M8M285.9M365.8M384.1M
Long Term Debt Total57.9M32.9M162.9M294.4M338.6M355.5M
Short Long Term Debt91.5M117.1M179.8M273.7M529.8M556.3M
Cash And Equivalents18.3M143.4M134.1M34.0M39.0M57.0M
Net Invested Capital837.2M875.6M1.2B1.6B2.3B1.3B

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Other Information on Investing in Cambridge Stock

Balance Sheet is a snapshot of the financial position of Cambridge Technology at a specified time, usually calculated after every quarter, six months, or one year. Cambridge Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cambridge Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cambridge currently owns. An asset can also be divided into two categories, current and non-current.