CPI Other Operating Expenses vs Ebit Analysis

CVU Stock  USD 3.74  0.13  3.60%   
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 Other Operating Expenses 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 signals in real.
For more information on how to buy CPI Stock please use our How to Invest in CPI Aerostructures guide.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CPI Aerostructures Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CPI Aerostructures' Other Operating Expenses and Ebit is -0.1. Overlapping area represents the amount of variation of Other Operating Expenses 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' Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses i.e., CPI Aerostructures' Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CPI Aerostructures. It is also known as CPI Aerostructures overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 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
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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

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