CVU Stock | | | USD 3.87 0.03 0.78% |
CPI Aerostructures financial indicator trend analysis is way more than just evaluating CPI Aerostructures prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CPI Aerostructures is a good investment. Please check the relationship between CPI Aerostructures Depreciation And Amortization and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CPI Aerostructures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Depreciation And Amortization vs Ebit
Depreciation And Amortization vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CPI Aerostructures Depreciation And Amortization account and
Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CPI Aerostructures' Depreciation And Amortization and Ebit is -0.21. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebit in the same time period over historical financial statements of CPI Aerostructures, assuming nothing else is changed. The correlation between historical values of CPI Aerostructures' Depreciation And Amortization and Ebit 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 And Amortization of CPI Aerostructures are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Depreciation And Amortization i.e., CPI Aerostructures' Depreciation And Amortization and Ebit go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Ebit
Most indicators from CPI Aerostructures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CPI Aerostructures 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 CPI Aerostructures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy CPI Stock please use our
How to Invest in CPI Aerostructures guide.
Sales General And Administrative To Revenue is likely to gain to 0.21 in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 1.1M | 2.3M | 2.5M | 2.6M | Depreciation And Amortization | 1.0M | 688.1K | 471.0K | 614.8K |
CPI Aerostructures fundamental ratios Correlations
Click cells to compare fundamentals
CPI Aerostructures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CPI Aerostructures fundamental ratios Accounts
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Additional Tools for CPI Stock Analysis
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measure CPI Aerostructures' 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 CPI Aerostructures is operating at the current time. Most of CPI Aerostructures' value examination focuses on studying past and present price action to
predict the probability of CPI Aerostructures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CPI Aerostructures' price. Additionally, you may evaluate how the addition of CPI Aerostructures to your portfolios can decrease your overall portfolio volatility.