CPI Non Currrent Assets Other vs Total Assets Analysis

CVU Stock  USD 3.93  0.19  5.08%   
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 Non Currrent Assets Other and its Total Assets 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 signals in real.
For more information on how to buy CPI Stock please use our How to Invest in CPI Aerostructures guide.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CPI Aerostructures Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between CPI Aerostructures' Non Currrent Assets Other and Total Assets is 0.31. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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' Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of CPI Aerostructures are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., CPI Aerostructures' Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of CPI Aerostructures assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CPI Aerostructures books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expense1.1M2.3M2.5M2.6M
Depreciation And Amortization1.0M688.1K471.0K614.8K

CPI Aerostructures fundamental ratios Correlations

0.26-0.520.870.94-0.560.390.750.61-0.48-0.370.31-0.480.980.09-0.640.630.150.23-0.470.990.940.17-0.56-0.420.09
0.260.230.55-0.040.50.98-0.340.50.31-0.04-0.080.310.140.840.420.40.870.89-0.020.210.21-0.2-0.680.320.36
-0.520.23-0.24-0.660.760.09-0.86-0.170.810.85-0.260.81-0.650.570.82-0.240.510.370.87-0.61-0.71-0.3-0.230.840.09
0.870.55-0.240.67-0.220.650.430.85-0.31-0.240.25-0.310.810.44-0.350.640.440.61-0.330.820.810.3-0.75-0.240.29
0.94-0.04-0.660.67-0.780.10.90.41-0.61-0.410.29-0.610.97-0.23-0.830.51-0.15-0.12-0.520.960.920.16-0.31-0.57-0.02
-0.560.50.76-0.22-0.780.34-0.89-0.160.750.4-0.180.75-0.670.70.88-0.330.640.580.5-0.63-0.66-0.24-0.180.70.12
0.390.980.090.650.10.34-0.180.590.12-0.15-0.060.120.290.770.270.510.790.85-0.150.350.36-0.12-0.710.150.42
0.75-0.34-0.860.430.9-0.89-0.180.25-0.81-0.620.32-0.810.85-0.55-0.950.35-0.5-0.39-0.70.80.830.260.05-0.82-0.07
0.610.5-0.170.850.41-0.160.590.25-0.28-0.190.22-0.280.580.38-0.190.520.320.59-0.230.580.590.52-0.63-0.240.17
-0.480.310.81-0.31-0.610.750.12-0.81-0.280.63-0.11.0-0.620.50.81-0.350.550.340.75-0.54-0.65-0.42-0.120.91-0.18
-0.37-0.040.85-0.24-0.410.4-0.15-0.62-0.190.63-0.170.63-0.480.350.56-0.240.290.10.97-0.46-0.59-0.27-0.220.73-0.12
0.31-0.08-0.260.250.29-0.18-0.060.320.22-0.1-0.17-0.10.32-0.1-0.16-0.07-0.170.08-0.180.330.270.17-0.2-0.18-0.2
-0.480.310.81-0.31-0.610.750.12-0.81-0.281.00.63-0.1-0.620.50.81-0.350.550.340.75-0.54-0.65-0.42-0.120.91-0.18
0.980.14-0.650.810.97-0.670.290.850.58-0.62-0.480.32-0.62-0.08-0.750.6-0.030.09-0.580.990.970.23-0.44-0.580.08
0.090.840.570.44-0.230.70.77-0.550.380.50.35-0.10.5-0.080.610.170.950.920.36-0.02-0.08-0.1-0.750.590.28
-0.640.420.82-0.35-0.830.880.27-0.95-0.190.810.56-0.160.81-0.750.61-0.230.530.490.66-0.69-0.76-0.26-0.180.830.01
0.630.4-0.240.640.51-0.330.510.350.52-0.35-0.24-0.07-0.350.60.17-0.230.230.37-0.330.620.580.02-0.38-0.150.23
0.150.870.510.44-0.150.640.79-0.50.320.550.29-0.170.55-0.030.950.530.230.860.30.05-0.02-0.24-0.650.620.26
0.230.890.370.61-0.120.580.85-0.390.590.340.10.080.340.090.920.490.370.860.120.140.110.05-0.750.40.31
-0.47-0.020.87-0.33-0.520.5-0.15-0.7-0.230.750.97-0.180.75-0.580.360.66-0.330.30.12-0.55-0.68-0.27-0.170.8-0.26
0.990.21-0.610.820.96-0.630.350.80.58-0.54-0.460.33-0.540.99-0.02-0.690.620.050.14-0.550.960.2-0.49-0.490.07
0.940.21-0.710.810.92-0.660.360.830.59-0.65-0.590.27-0.650.97-0.08-0.760.58-0.020.11-0.680.960.25-0.41-0.630.19
0.17-0.2-0.30.30.16-0.24-0.120.260.52-0.42-0.270.17-0.420.23-0.1-0.260.02-0.240.05-0.270.20.25-0.12-0.31-0.05
-0.56-0.68-0.23-0.75-0.31-0.18-0.710.05-0.63-0.12-0.22-0.2-0.12-0.44-0.75-0.18-0.38-0.65-0.75-0.17-0.49-0.41-0.12-0.23-0.22
-0.420.320.84-0.24-0.570.70.15-0.82-0.240.910.73-0.180.91-0.580.590.83-0.150.620.40.8-0.49-0.63-0.31-0.23-0.1
0.090.360.090.29-0.020.120.42-0.070.17-0.18-0.12-0.2-0.180.080.280.010.230.260.31-0.260.070.19-0.05-0.22-0.1
Click cells to compare fundamentals

CPI Aerostructures Account Relationship Matchups

CPI Aerostructures fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.3M49.7M55.0M59.4M74.4M59.8M
Short Long Term Debt Total35.3M37.8M34.2M29.7M25.2M17.1M
Other Current Liab5.0M7.9M10.6M11.5M10.6M11.1M
Total Current Liabilities21.0M28.6M31.1M30.3M31.5M20.0M
Total Stockholder Equity(7.7M)(8.3M)(5.3M)4.2M22.1M31.4M
Property Plant And Equipment Net7.2M6.6M9.4M7.7M5.5M3.2M
Net Debt31.2M31.8M27.9M25.8M20.1M14.5M
Retained Earnings(79.0M)(80.4M)(78.2M)(69.0M)(51.8M)(49.2M)
Accounts Payable8.2M12.1M10.4M8.0M10.5M7.3M
Cash4.1M6.0M6.3M3.8M5.1M5.3M
Non Current Assets Total9.5M8.8M11.7M16.2M27.4M28.8M
Non Currrent Assets Other179.1K191.2K372.7K238.7K189.8K345.8K
Cash And Short Term Investments4.1M6.0M6.3M3.8M5.1M5.3M
Net Receivables22.8M24.7M32.3M35.9M39.7M42.5M
Common Stock Shares Outstanding11.8M11.9M12.2M12.4M12.5M6.6M
Liabilities And Stockholders Equity44.3M49.7M55.0M59.4M74.4M59.8M
Non Current Liabilities Total31.1M29.5M29.2M24.9M20.8M21.8M
Other Current Assets722.0K534.9K625.1K975.8K678.0K644.1K
Other Stockholder Equity71.3M72.0M72.8M73.2M73.9M37.4M
Total Liab52.1M58.0M60.3M55.3M52.3M28.4M
Total Current Assets34.8M40.9M43.3M43.2M46.9M53.6M
Short Term Debt4.2M8.3M4.9M4.7M4.4M4.2M
Inventory5.9M9.6M4.0M2.5M1.4M1.4M
Other Assets179.1K4.3M372.7K6.8M1.00.95
Long Term Debt28.5M26.9M22.6M19.9M17.6M18.5M
Common Stock Total Equity8.9K11.7K11.8K12.5K14.4K8.1K
Common Stock11.8K12.0K12.3K12.5K12.8K8.5K
Property Plant Equipment7.2M2.5M9.4M1.1M1.3M2.6M
Current Deferred Revenue3.6M1.7M5.1M6.0M5.9M6.2M
Net Tangible Assets(9.9M)(10.4M)(7.2M)2.4M2.2M2.1M
Retained Earnings Total Equity22.8M(79.0M)(80.4M)(69.0M)(62.1M)(59.0M)
Long Term Debt Total28.5M26.9M22.8M19.9M22.9M11.5M
Capital Surpluse71.3M72.0M72.8M73.2M84.2M64.7M
Deferred Long Term Liab71K84K265K131K117.9K112.0K
Non Current Liabilities Other531.1K2.6M2.5M5.1M5.8M6.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CPI Stock Analysis

When running CPI Aerostructures' price analysis, check to 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.