Columbus Historical Financial Ratios
CMCO Stock | USD 37.14 1.13 3.14% |
Columbus McKinnon is presently reporting on over 113 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0127, PTB Ratio of 1.3 or Days Sales Outstanding of 67.84 will help investors to properly organize and evaluate Columbus McKinnon financial condition quickly.
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About Columbus Financial Ratios Analysis
Columbus McKinnonFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Columbus McKinnon investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Columbus financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Columbus McKinnon history.
Columbus McKinnon Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Columbus McKinnon stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Columbus McKinnon sales, a figure that is much harder to manipulate than other Columbus McKinnon multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Columbus McKinnon dividend as a percentage of Columbus McKinnon stock price. Columbus McKinnon dividend yield is a measure of Columbus McKinnon stock productivity, which can be interpreted as interest rate earned on an Columbus McKinnon investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Columbus McKinnon's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Columbus McKinnon current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.At this time, Columbus McKinnon's Inventory Turnover is very stable compared to the past year. As of the 22nd of November 2024, Net Income Per Share is likely to grow to 1.70, while PTB Ratio is likely to drop 1.30.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005519 | 0.007535 | 0.006497 | 0.0127 | Price To Sales Ratio | 1.31 | 1.14 | 1.22 | 1.28 |
Columbus McKinnon fundamentals Correlations
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Columbus McKinnon Account Relationship Matchups
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Columbus McKinnon fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.73 | 1.94 | 1.31 | 1.14 | 1.22 | 1.28 | |
Dividend Yield | 0.009602 | 0.004547 | 0.005519 | 0.007535 | 0.006497 | 0.0127 | |
Ptb Ratio | 1.91 | 1.27 | 2.38 | 1.54 | 1.4 | 1.3 | |
Days Sales Outstanding | 55.82 | 59.25 | 59.39 | 59.04 | 61.65 | 67.84 | |
Book Value Per Share | 19.63 | 22.18 | 27.56 | 29.15 | 30.7 | 32.24 | |
Free Cash Flow Yield | 0.16 | 0.0687 | 0.0301 | 0.0668 | 0.0342 | 0.0325 | |
Operating Cash Flow Per Share | 4.52 | 4.14 | 1.74 | 2.92 | 2.34 | 2.0 | |
Stock Based Compensation To Revenue | 0.00557 | 0.0123 | 0.0124 | 0.0111 | 0.0119 | 0.0113 | |
Capex To Depreciation | 0.32 | 0.44 | 0.31 | 0.3 | 0.54 | 0.51 | |
Pb Ratio | 1.91 | 1.27 | 2.38 | 1.54 | 1.4 | 1.3 | |
Ev To Sales | 0.9 | 2.01 | 1.75 | 1.55 | 1.7 | 1.79 | |
Free Cash Flow Per Share | 4.12 | 3.62 | 1.28 | 2.48 | 1.48 | 1.14 | |
Roic | 0.0972 | 0.0248 | 0.0443 | 0.0488 | 0.0592 | 0.0639 | |
Inventory Turnover | 4.13 | 3.85 | 3.43 | 3.31 | 3.58 | 4.57 | |
Net Income Per Share | 1.83 | 2.53 | 0.38 | 1.06 | 1.62 | 1.7 | |
Days Of Inventory On Hand | 88.39 | 94.76 | 106.34 | 110.19 | 102.01 | 72.77 | |
Payables Turnover | 9.18 | 6.26 | 6.5 | 7.74 | 8.01 | 11.66 | |
Sales General And Administrative To Revenue | 0.0993 | 0.0954 | 0.0962 | 0.11 | 0.1 | 0.0738 | |
Research And Ddevelopement To Revenue | 0.014 | 0.0191 | 0.0169 | 0.0224 | 0.0258 | 0.0271 | |
Capex To Revenue | 0.0117 | 0.0189 | 0.0145 | 0.0135 | 0.0245 | 0.0338 | |
Cash Per Share | 4.85 | 8.46 | 4.15 | 4.92 | 4.23 | 2.38 | |
Pocfratio | 5.53 | 12.75 | 24.32 | 12.71 | 18.43 | 10.21 | |
Interest Coverage | 6.31 | 1.77 | 3.67 | 3.5 | 2.88 | 2.31 | |
Capex To Operating Cash Flow | 0.15 | 0.0883 | 0.12 | 0.27 | 0.37 | 0.61 | |
Pfcf Ratio | 6.06 | 14.56 | 33.23 | 14.97 | 29.21 | 30.67 | |
Days Payables Outstanding | 39.76 | 58.3 | 56.14 | 47.14 | 45.56 | 29.06 | |
Income Quality | 1.79 | 10.86 | 1.65 | 1.73 | 1.44 | 0.96 | |
Roe | 0.13 | 0.0172 | 0.0384 | 0.0581 | 0.0529 | 0.0555 | |
Pe Ratio | 9.9 | 138.46 | 40.08 | 21.95 | 26.56 | 15.83 | |
Return On Tangible Assets | 0.0842 | 0.11 | 0.015 | 0.0459 | 0.0701 | 0.0671 | |
Ev To Free Cash Flow | 7.47 | 15.1 | 44.29 | 20.5 | 40.67 | 42.7 | |
Earnings Yield | 0.1 | 0.007222 | 0.0249 | 0.0456 | 0.0377 | 0.0395 | |
Intangibles To Total Assets | 0.49 | 0.47 | 0.62 | 0.59 | 0.6 | 0.32 | |
Net Debt To E B I T D A | 1.06 | 0.83 | 3.75 | 2.68 | 3.07 | 3.14 | |
Current Ratio | 2.46 | 2.4 | 1.87 | 2.05 | 1.96 | 2.66 | |
Tangible Book Value Per Share | (3.14) | (0.6) | (9.52) | (6.06) | (7.45) | (7.07) | |
Receivables Turnover | 6.54 | 6.16 | 6.15 | 6.18 | 5.92 | 4.86 | |
Graham Number | 33.4 | 13.79 | 25.61 | 33.33 | 33.48 | 17.58 |
Pair Trading with Columbus McKinnon
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 Columbus McKinnon 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 Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.Moving against Columbus Stock
0.71 | LEV | Lion Electric Corp | PairCorr |
0.56 | NKLA | Nikola Corp | PairCorr |
0.35 | TWI | Titan International | PairCorr |
0.35 | HYFM | Hydrofarm Holdings | PairCorr |
The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon 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 Columbus McKinnon - 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 Columbus McKinnon to buy it.
The correlation of Columbus McKinnon 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 Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon 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 Columbus McKinnon 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Industrial Machinery & Supplies & Components 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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon 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 (0.07) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 34.771 | Quarterly Revenue Growth (0.06) |
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon's 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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon's 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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon's 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.