Cambridge Intangible Assets vs Common Stock Shares Outstanding Analysis

CTE Stock   90.11  4.29  5.00%   
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 Intangible Assets and its Common Stock Shares Outstanding 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.

Intangible Assets vs Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cambridge Technology Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cambridge Technology's Intangible Assets and Common Stock Shares Outstanding is 0.4. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Intangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Cambridge Technology Enterprises are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., Cambridge Technology's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 29.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit265.5M354.6M386.6M354.7M
Total Revenue1.1B1.8B2.1B1.1B

Cambridge Technology fundamental ratios Correlations

0.840.550.950.80.930.810.760.830.940.830.70.530.730.080.77-0.180.890.970.040.210.670.930.03-0.540.45
0.840.50.840.40.890.990.340.780.790.880.560.610.960.210.640.040.960.820.160.070.420.88-0.13-0.210.21
0.550.50.680.20.40.520.110.30.770.330.13-0.170.580.20.130.260.670.36-0.690.820.560.32-0.080.16-0.21
0.950.840.680.640.830.820.610.760.940.790.560.440.770.010.72-0.130.940.89-0.080.340.710.850.12-0.440.23
0.80.40.20.640.730.330.980.650.680.540.670.430.2-0.020.67-0.360.440.830.140.020.550.730.07-0.750.69
0.930.890.40.830.730.840.650.850.830.890.70.670.760.220.75-0.030.840.940.23-0.030.450.97-0.19-0.410.44
0.810.990.520.820.330.840.280.680.780.810.50.530.980.150.630.010.960.770.110.10.460.82-0.05-0.190.16
0.760.340.110.610.980.650.280.590.620.460.670.390.15-0.110.66-0.510.390.80.17-0.010.590.670.23-0.850.73
0.830.780.30.760.650.850.680.590.70.890.720.70.660.330.560.050.750.860.290.00.260.88-0.25-0.410.47
0.940.790.770.940.680.830.780.620.70.70.520.320.740.180.58-0.050.890.83-0.220.440.670.79-0.04-0.390.33
0.830.880.330.790.540.890.810.460.890.70.550.80.760.130.720.010.820.850.35-0.110.280.93-0.21-0.310.29
0.70.560.130.560.670.70.50.670.720.520.550.450.450.240.49-0.080.540.780.240.050.380.68-0.08-0.50.58
0.530.61-0.170.440.430.670.530.390.70.320.80.450.430.080.62-0.060.460.640.68-0.580.020.78-0.23-0.440.4
0.730.960.580.770.20.760.980.150.660.740.760.450.430.230.490.110.950.67-0.010.220.40.72-0.12-0.030.07
0.080.210.20.01-0.020.220.15-0.110.330.180.130.240.080.23-0.430.770.140.01-0.040.1-0.370.13-0.690.220.08
0.770.640.130.720.670.750.630.660.560.580.720.490.620.49-0.43-0.460.640.840.33-0.20.610.810.31-0.550.29
-0.180.040.26-0.13-0.36-0.030.01-0.510.05-0.050.01-0.08-0.060.110.77-0.460.0-0.26-0.180.17-0.45-0.1-0.670.64-0.47
0.890.960.670.940.440.840.960.390.750.890.820.540.460.950.140.640.00.83-0.040.290.590.83-0.01-0.240.16
0.970.820.360.890.830.940.770.80.860.830.850.780.640.670.010.84-0.260.830.220.030.620.950.08-0.610.5
0.040.16-0.69-0.080.140.230.110.170.29-0.220.350.240.68-0.01-0.040.33-0.18-0.040.22-0.89-0.430.36-0.1-0.420.32
0.210.070.820.340.02-0.030.1-0.010.00.44-0.110.05-0.580.220.1-0.20.170.290.03-0.890.49-0.120.090.25-0.21
0.670.420.560.710.550.450.460.590.260.670.280.380.020.4-0.370.61-0.450.590.62-0.430.490.430.6-0.40.15
0.930.880.320.850.730.970.820.670.880.790.930.680.780.720.130.81-0.10.830.950.36-0.120.43-0.12-0.520.43
0.03-0.13-0.080.120.07-0.19-0.050.23-0.25-0.04-0.21-0.08-0.23-0.12-0.690.31-0.67-0.010.08-0.10.090.6-0.12-0.37-0.09
-0.54-0.210.16-0.44-0.75-0.41-0.19-0.85-0.41-0.39-0.31-0.5-0.44-0.030.22-0.550.64-0.24-0.61-0.420.25-0.4-0.52-0.37-0.74
0.450.21-0.210.230.690.440.160.730.470.330.290.580.40.070.080.29-0.470.160.50.32-0.210.150.43-0.09-0.74
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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 Liab51.8M63.3M8.4M113.7M278.2M292.1M
Total Current Liabilities213.7M331.0M289.0M435.7M870.0M913.5M
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
Cash18.3M143.4M134.1M34.0M252.7M265.4M
Non Current Assets Total521.7M394.6M587.3M703.7M1.1B1.2B
Non Currrent Assets Other37.7M52.8M35.7M35.2M336.1M352.9M
Cash And Short Term Investments18.3M340.4M142.1M319.8M252.7M265.4M
Liabilities And Stockholders Equity1.0B1.1B1.3B1.8B2.7B2.9B
Non Current Liabilities Total86.2M67.5M200.9M339.1M730.2M766.7M
Inventory(336.9M)2.8M216.3M(82.2M)26.1M27.4M
Other Current Assets234.8M21.9M82.0M537.3M720.0M756.0M
Other Stockholder Equity(818.1M)(159.8M)(153.3M)(226.7M)(1.0)(1.05)
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 Payable29.7M129.4M19.6M44.9M39.7M51.7M
Net Receivables303.6M313.1M316.1M583.6M592.8M351.5M
Short Term Debt122.5M133.5M193.8M274.9M540.3M567.3M
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 Investments102.5M197.0M8M285.9M296.9M311.8M
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.