Cantaloupe Total Stockholder Equity vs Total Current Liabilities Analysis

CTLP Stock

USD 9.27 0.27 3.00%

Cantaloupe financial indicator trend analysis is way more than just evaluating Cantaloupe prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cantaloupe is a good investment. Please check the relationship between Cantaloupe Total Stockholder Equity and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cantaloupe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Cantaloupe Stock, please use our How to Invest in Cantaloupe guide.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cantaloupe Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cantaloupe's Total Stockholder Equity and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Cantaloupe, assuming nothing else is changed. The correlation between historical values of Cantaloupe's Total Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Cantaloupe are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Cantaloupe's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Cantaloupe balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cantaloupe are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Cantaloupe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cantaloupe 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 Cantaloupe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Cantaloupe Stock, please use our How to Invest in Cantaloupe guide.At this time, Cantaloupe's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 17.38, while Selling General Administrative is likely to drop slightly above 22.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	54.2M	81.2M	92.1M	96.7M
Total Revenue	195.2M	243.6M	268.6M	282.0M

Gross Profit Total Revenue

Cantaloupe fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.93	0.47	0.99	0.99	0.69	0.76	-0.47	-0.81	0.96	0.85	0.98	0.62	0.85	0.96	0.96	0.93	0.85	0.87	0.81	0.87	0.99	0.67	0.98	0.12	0.16
Short Long Term Debt Total	0.93		0.31	0.93	0.89	0.78	0.53	-0.24	-0.65	0.92	0.73	0.94	0.54	0.73	0.84	0.84	0.79	0.87	0.9	0.8	0.69	0.95	0.77	0.89	0.22	-0.05
Other Current Liab	0.47	0.31		0.52	0.5	-0.12	0.65	-0.55	-0.62	0.27	0.56	0.47	0.8	0.56	0.43	0.52	0.56	0.14	0.09	0.05	0.55	0.42	-0.11	0.44	0.31	0.58
Total Current Liabilities	0.99	0.93	0.52		0.98	0.65	0.72	-0.46	-0.79	0.94	0.85	0.97	0.63	0.85	0.95	0.94	0.91	0.79	0.85	0.78	0.84	0.98	0.65	0.97	0.23	0.15
Total Stockholder Equity	0.99	0.89	0.5	0.98		0.63	0.77	-0.55	-0.82	0.93	0.89	0.97	0.64	0.89	0.95	0.96	0.94	0.79	0.82	0.77	0.86	0.96	0.6	0.98	0.17	0.24
Property Plant And Equipment Net	0.69	0.78	-0.12	0.65	0.63		0.35	0.15	-0.51	0.82	0.33	0.73	0.07	0.33	0.66	0.69	0.63	0.86	0.88	0.85	0.54	0.75	0.95	0.63	-0.17	-0.37
Current Deferred Revenue	0.76	0.53	0.65	0.72	0.77	0.35		-0.48	-0.86	0.68	0.64	0.75	0.65	0.64	0.79	0.82	0.86	0.62	0.57	0.58	0.9	0.72	0.31	0.74	-0.19	0.48
Net Debt	-0.47	-0.24	-0.55	-0.46	-0.55	0.15	-0.48		0.49	-0.3	-0.84	-0.33	-0.49	-0.84	-0.44	-0.48	-0.46	-0.09	-0.05	-0.11	-0.41	-0.36	0.14	-0.58	-0.29	-0.57
Retained Earnings	-0.81	-0.65	-0.62	-0.79	-0.82	-0.51	-0.86	0.49		-0.72	-0.71	-0.81	-0.65	-0.71	-0.8	-0.93	-0.96	-0.63	-0.6	-0.56	-0.81	-0.78	-0.4	-0.78	-0.02	-0.52
Accounts Payable	0.96	0.92	0.27	0.94	0.93	0.82	0.68	-0.3	-0.72		0.73	0.94	0.42	0.73	0.96	0.91	0.87	0.92	0.96	0.92	0.85	0.98	0.83	0.94	-0.04	-0.08
Cash	0.85	0.73	0.56	0.85	0.89	0.33	0.64	-0.84	-0.71	0.73		0.76	0.65	1.0	0.78	0.81	0.77	0.55	0.54	0.53	0.68	0.79	0.33	0.91	0.33	0.37
Non Current Assets Total	0.98	0.94	0.47	0.97	0.97	0.73	0.75	-0.33	-0.81	0.94	0.76		0.64	0.76	0.93	0.95	0.93	0.85	0.89	0.8	0.86	0.98	0.69	0.93	0.13	0.15
Non Currrent Assets Other	0.62	0.54	0.8	0.63	0.64	0.07	0.65	-0.49	-0.65	0.42	0.65	0.64		0.65	0.52	0.6	0.63	0.36	0.32	0.12	0.63	0.57	-0.02	0.58	0.31	0.64
Cash And Short Term Investments	0.85	0.73	0.56	0.85	0.89	0.33	0.64	-0.84	-0.71	0.73	1.0	0.76	0.65		0.78	0.81	0.77	0.55	0.54	0.53	0.68	0.79	0.33	0.91	0.33	0.37
Net Receivables	0.96	0.84	0.43	0.95	0.95	0.66	0.79	-0.44	-0.8	0.96	0.78	0.93	0.52	0.78		0.94	0.92	0.84	0.87	0.83	0.92	0.96	0.66	0.96	-0.04	0.12
Common Stock Total Equity	0.96	0.84	0.52	0.94	0.96	0.69	0.82	-0.48	-0.93	0.91	0.81	0.95	0.6	0.81	0.94		0.99	0.8	0.8	0.77	0.88	0.94	0.64	0.93	0.06	0.27
Common Stock Shares Outstanding	0.93	0.79	0.56	0.91	0.94	0.63	0.86	-0.46	-0.96	0.87	0.77	0.93	0.63	0.77	0.92	0.99		0.76	0.76	0.72	0.89	0.91	0.56	0.9	0.04	0.36
Non Current Liabilities Total	0.85	0.87	0.14	0.79	0.79	0.86	0.62	-0.09	-0.63	0.92	0.55	0.85	0.36	0.55	0.84	0.8	0.76		0.95	0.89	0.8	0.9	0.83	0.81	-0.3	-0.16
Inventory	0.87	0.9	0.09	0.85	0.82	0.88	0.57	-0.05	-0.6	0.96	0.54	0.89	0.32	0.54	0.87	0.8	0.76	0.95		0.91	0.77	0.92	0.87	0.83	-0.14	-0.21
Other Current Assets	0.81	0.8	0.05	0.78	0.77	0.85	0.58	-0.11	-0.56	0.92	0.53	0.8	0.12	0.53	0.83	0.77	0.72	0.89	0.91		0.71	0.85	0.9	0.8	-0.21	-0.3
Other Stockholder Equity	0.87	0.69	0.55	0.84	0.86	0.54	0.9	-0.41	-0.81	0.85	0.68	0.86	0.63	0.68	0.92	0.88	0.89	0.8	0.77	0.71		0.87	0.51	0.85	-0.25	0.25
Total Liab	0.99	0.95	0.42	0.98	0.96	0.75	0.72	-0.36	-0.78	0.98	0.79	0.98	0.57	0.79	0.96	0.94	0.91	0.9	0.92	0.85	0.87		0.74	0.96	0.06	0.05
Property Plant And Equipment Gross	0.67	0.77	-0.11	0.65	0.6	0.95	0.31	0.14	-0.4	0.83	0.33	0.69	-0.02	0.33	0.66	0.64	0.56	0.83	0.87	0.9	0.51	0.74		0.63	-0.17	-0.55
Total Current Assets	0.98	0.89	0.44	0.97	0.98	0.63	0.74	-0.58	-0.78	0.94	0.91	0.93	0.58	0.91	0.96	0.93	0.9	0.81	0.83	0.8	0.85	0.96	0.63		0.11	0.16
Short Term Debt	0.12	0.22	0.31	0.23	0.17	-0.17	-0.19	-0.29	-0.02	-0.04	0.33	0.13	0.31	0.33	-0.04	0.06	0.04	-0.3	-0.14	-0.21	-0.25	0.06	-0.17	0.11		0.23
Common Stock	0.16	-0.05	0.58	0.15	0.24	-0.37	0.48	-0.57	-0.52	-0.08	0.37	0.15	0.64	0.37	0.12	0.27	0.36	-0.16	-0.21	-0.3	0.25	0.05	-0.55	0.16	0.23

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Cantaloupe Account Relationship Matchups

Cantaloupe fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	181.0M	237.7M	255.6M	289.6M	335.6M	352.3M
Short Long Term Debt Total	20.5M	18.0M	17.0M	40.9M	47.3M	49.7M
Other Current Liab	30.3M	23.8M	9.9M	9.5M	10.6M	6.3M
Total Current Liabilities	62.3M	65.7M	79.2M	81.7M	105.9M	111.2M
Total Stockholder Equity	101.4M	154.5M	160.0M	167.6M	184.5M	193.7M
Property Plant And Equipment Net	13.5M	8.6M	15.2M	27.9M	42.0M	44.1M
Current Deferred Revenue	1.7M	1.8M	1.9M	1.7M	1.7M	1.1M
Net Debt	(11.2M)	(70.2M)	(51.1M)	(10.0M)	(11.6M)	(12.2M)
Retained Earnings	(303.0M)	(311.4M)	(313.1M)	(312.5M)	(300.5M)	(285.4M)
Accounts Payable	27.1M	36.8M	48.4M	52.9M	78.9M	82.8M
Cash	31.7M	88.1M	68.1M	50.9M	58.9M	61.9M
Non Current Assets Total	113.7M	106.4M	119.1M	166.2M	177.8M	186.7M
Non Currrent Assets Other	13.2M	13.8M	4.4M	18.6M	6.2M	3.8M
Cash And Short Term Investments	31.7M	88.1M	68.1M	50.9M	58.9M	61.9M
Net Receivables	24.7M	35.4M	44.4M	36.8M	50.2M	52.8M
Common Stock Total Equity	376.9M	401.2M	462.8M	469.9M	540.4M	567.4M
Common Stock Shares Outstanding	63.0M	67.0M	71.1M	72.5M	74.2M	77.9M
Liabilities And Stockholders Equity	181.0M	237.7M	255.6M	289.6M	335.6M	352.3M
Non Current Liabilities Total	17.3M	17.5M	16.5M	40.3M	45.2M	47.5M
Inventory	9.1M	5.3M	19.8M	31.9M	40.8M	42.8M
Other Current Assets	1.8M	2.4M	4.3M	3.8M	7.8M	8.2M
Other Stockholder Equity	401.2M	462.8M	469.9M	477.3M	482.3M	506.4M
Total Liab	79.7M	83.1M	95.7M	122.0M	151.1M	158.7M
Property Plant And Equipment Gross	13.5M	8.6M	15.2M	27.9M	85.0M	89.3M
Total Current Assets	67.4M	131.3M	136.6M	123.4M	157.8M	165.7M
Accumulated Other Comprehensive Income	(401.2M)	(462.8M)	(469.9M)	(477.3M)	(124K)	(130.2K)
Short Term Debt	3.3M	1.8M	2.2M	2.1M	2.6M	3.8M
Common Stock	401.2M	462.8M	469.9M	477.3M	2.7M	2.6M
Intangible Assets	23.0M	20.0M	17.9M	27.8M	24.6M	25.9M
Other Liab	137K	179K	186K	275K	316.3K	178.2K
Net Tangible Assets	8.8M	67.5M	72.2M	25.9M	29.7M	46.0M
Other Assets	18.8M	13.8M	19.3M	18.6M	16.7M	15.6M
Long Term Debt	12.4M	13.6M	13.9M	37.5M	36.3M	38.1M
Net Invested Capital	113.9M	165.7M	171.5M	203.3M	219.3M	172.1M
Short Long Term Debt	3.3M	675K	692K	882K	1.3M	1.2M
Net Working Capital	5.0M	65.6M	57.4M	41.7M	51.9M	35.6M
Property Plant Equipment	11.1M	8.6M	15.2M	8.7M	10.0M	11.1M
Deferred Long Term Liab	1.8M	2M	500K	2.8M	3.2M	1.9M

Pair Trading with Cantaloupe

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cantaloupe position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cantaloupe will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cantaloupe Stock

0.72	BR	Broadridge Financial	Pair Corr
0.89	FI	Fiserv,	Pair Corr
0.74	IT	Gartner	Pair Corr
0.73	DMRC	Digimarc Tech Boost	Pair Corr

Moving against Cantaloupe Stock

0.93	GMM	Global Mofy Metaverse	Pair Corr
0.5	XRX	Xerox Corp	Pair Corr

The ability to find closely correlated positions to Cantaloupe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cantaloupe when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cantaloupe - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cantaloupe to buy it.

The correlation of Cantaloupe is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cantaloupe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cantaloupe moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cantaloupe can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Cantaloupe Stock Analysis

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

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