Construction Current Deferred Revenue vs Total Liab Analysis

ROAD Stock  USD 101.28  1.30  1.30%   
Construction Partners financial indicator trend analysis is way more than just evaluating Construction Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Construction Partners is a good investment. Please check the relationship between Construction Partners Current Deferred Revenue and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.

Current Deferred Revenue vs Total Liab

Current Deferred Revenue vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Construction Partners Current Deferred Revenue account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Construction Partners' Current Deferred Revenue and Total Liab is 0.96. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Liab in the same time period over historical financial statements of Construction Partners, assuming nothing else is changed. The correlation between historical values of Construction Partners' Current Deferred Revenue and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Construction Partners are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Current Deferred Revenue i.e., Construction Partners' Current Deferred Revenue and Total Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Construction Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Construction Partners 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.The current year's Enterprise Value is expected to grow to about 2.1 B, whereas Tax Provision is forecasted to decline to about 9.4 M.
 2023 2024 (projected)
Depreciation And Amortization91.0M45.6M
Interest Income1.7M2.4M

Construction Partners fundamental ratios Correlations

0.890.970.980.960.980.830.990.810.850.90.99-0.090.90.620.770.89-0.090.980.880.880.410.890.890.860.91
0.890.90.880.820.870.670.880.930.990.930.88-0.260.990.750.881.0-0.260.890.990.780.661.01.00.710.97
0.970.90.970.910.970.740.970.830.880.880.97-0.230.910.610.740.9-0.230.970.90.830.50.90.90.770.9
0.980.880.970.920.960.750.960.850.850.860.99-0.170.880.710.80.88-0.170.990.880.830.380.880.880.80.88
0.960.820.910.920.90.950.960.770.750.920.940.140.880.560.70.820.140.90.820.960.370.820.820.960.89
0.980.870.970.960.90.730.980.750.860.830.97-0.220.860.560.710.88-0.220.980.850.780.440.880.870.750.86
0.830.670.740.750.950.730.840.620.560.860.790.390.760.40.570.670.390.720.680.960.290.670.670.990.79
0.990.880.970.960.960.980.840.770.850.90.97-0.110.90.550.740.89-0.110.960.870.880.420.890.890.860.9
0.810.930.830.850.770.750.620.770.90.90.83-0.170.940.90.90.93-0.170.830.970.770.610.930.940.680.94
0.850.990.880.850.750.860.560.850.90.870.86-0.410.960.730.870.99-0.410.870.970.690.670.990.990.620.93
0.90.930.880.860.920.830.860.90.90.870.870.050.970.680.780.930.050.850.950.920.630.930.940.880.99
0.990.880.970.990.940.970.790.970.830.860.87-0.160.890.680.790.88-0.160.990.880.860.390.880.880.830.9
-0.09-0.26-0.23-0.170.14-0.220.39-0.11-0.17-0.410.05-0.16-0.15-0.15-0.24-0.261.0-0.23-0.230.23-0.25-0.26-0.250.31-0.1
0.90.990.910.880.880.860.760.90.940.960.970.89-0.150.730.870.99-0.150.880.990.850.650.990.990.81.0
0.620.750.610.710.560.560.40.550.90.730.680.68-0.150.730.860.74-0.150.690.790.560.40.750.750.490.74
0.770.880.740.80.70.710.570.740.90.870.780.79-0.240.870.860.88-0.240.790.870.710.310.880.870.670.85
0.891.00.90.880.820.880.670.890.930.990.930.88-0.260.990.740.88-0.260.890.990.780.661.01.00.720.97
-0.09-0.26-0.23-0.170.14-0.220.39-0.11-0.17-0.410.05-0.161.0-0.15-0.15-0.24-0.26-0.23-0.230.23-0.25-0.26-0.250.31-0.1
0.980.890.970.990.90.980.720.960.830.870.850.99-0.230.880.690.790.89-0.230.880.810.420.890.890.770.88
0.880.990.90.880.820.850.680.870.970.970.950.88-0.230.990.790.870.99-0.230.880.80.680.990.990.720.98
0.880.780.830.830.960.780.960.880.770.690.920.860.230.850.560.710.780.230.810.80.350.780.780.980.88
0.410.660.50.380.370.440.290.420.610.670.630.39-0.250.650.40.310.66-0.250.420.680.350.660.670.250.65
0.891.00.90.880.820.880.670.890.930.990.930.88-0.260.990.750.881.0-0.260.890.990.780.661.00.720.98
0.891.00.90.880.820.870.670.890.940.990.940.88-0.250.990.750.871.0-0.250.890.990.780.671.00.720.98
0.860.710.770.80.960.750.990.860.680.620.880.830.310.80.490.670.720.310.770.720.980.250.720.720.82
0.910.970.90.880.890.860.790.90.940.930.990.9-0.11.00.740.850.97-0.10.880.980.880.650.980.980.82
Click cells to compare fundamentals

Construction Partners Account Relationship Matchups

Construction Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets628.1M806.6M1.1B1.2B1.4B745.9M
Short Long Term Debt Total99.7M222.9M389.8M390.7M449.3M471.8M
Other Current Liab20.3M25.1M26.3M29.2M33.6M24.1M
Total Current Liabilities135.8M158.0M226.1M279.2M321.1M175.5M
Total Stockholder Equity385.2M408.9M455.9M516.6M594.1M373.7M
Other Liab17.3M20.8M28.3M38.4M44.1M23.5M
Net Tangible Assets301.6M335.6M319.3M310.4M357.0M278.5M
Property Plant And Equipment Net244.6M411.4M495.4M519.6M597.5M312.9M
Current Deferred Revenue33.7M33.7M52.5M78.9M90.7M95.3M
Net Debt(48.7M)165.6M354.3M342.5M393.9M413.5M
Retained Earnings155.7M175.9M197.3M246.3M283.2M297.4M
Accounts Payable64.7M86.4M130.5M151.4M174.1M90.8M
Cash148.3M57.3M35.5M48.2M43.4M54.8M
Non Current Assets Total296.6M506.6M678.3M746.2M858.2M901.1M
Non Currrent Assets Other1.8M(11.8M)10.7M20.9M24.0M25.2M
Other Assets3.5M2.2M5.5M12.7M14.6M15.3M
Long Term Debt79.1M206.2M363.1M360.7M414.9M435.6M
Cash And Short Term Investments148.3M57.3M35.5M48.2M43.4M54.8M
Net Receivables139.6M181.2M294.5M331M380.7M201.3M
Good Will46.3M85.4M129.5M159.3M183.2M192.3M
Common Stock Shares Outstanding51.6M51.8M52.0M52.3M52.6M56.1M
Long Term Debt Total42.5M79.1M206.2M363.1M417.5M438.4M
Liabilities And Stockholders Equity628.1M806.6M1.1B1.2B1.4B745.9M
Non Current Liabilities Total107.1M239.8M413.5M423.9M487.5M511.9M
Capital Surpluse243.5M245.0M248.6M256.6M295.1M238.9M
Inventory38.6M53.8M74.2M84.0M96.6M101.5M
Other Current Assets5.0M7.8M13.0M10.1M11.7M6.4M
Other Stockholder Equity229.4M233.0M240.9M251.5M226.4M211.8M
Total Liab242.9M397.7M639.6M703.1M808.6M849.0M
Property Plant And Equipment Gross244.6M411.4M495.4M878.0M1.0B1.1B
Total Current Assets331.6M300.0M417.2M473.4M544.4M333.0M
Non Current Liabilities Other14.0M10.9M3.5M2.8M3.3M5.1M
Short Term Debt17.1M12.8M16.9M19.7M22.6M15.6M
Intangible Assets3.2M4.2M16.0M19.5M22.4M23.6M
Property Plant Equipment205.9M237.2M411.4M495.4M569.7M598.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Construction Partners. If investors know Construction will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Construction Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.439
Earnings Share
1.31
Revenue Per Share
33.93
Quarterly Revenue Growth
0.227
Return On Assets
0.0552
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.