Core Historical Balance Sheet
| CNM Stock | USD 44.57 0.18 0.40% |
Trend analysis of Core Main balance sheet accounts such as Total Current Liabilities of 645.7 M, Other Liabilities of 251.2 M or Retained Earnings of 167 M provides information on Core Main's total assets, liabilities, and equity, which is the actual value of Core Main to its prevalent stockholders. By breaking down trends over time using Core Main balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Core Main latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Core Main is a good buy for the upcoming year.
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About Core Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Core Main at a specified time, usually calculated after every quarter, six months, or one year. Core Main Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Core Main and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Core currently owns. An asset can also be divided into two categories, current and non-current.
Core Main Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Core Main balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Core Main are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Core Main obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Core Main are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Core Main's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Core Main current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Core Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.At this time, Core Main's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 22nd of November 2024, Net Working Capital is likely to grow to about 1.1 B, while Total Current Liabilities is likely to drop about 645.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 839M | 726M | 774M | 645.7M | Other Current Liabilities | 87M | 169M | 145M | 100.2M |
Core Main balance sheet Correlations
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Core Main Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Main. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Trading Companies & Distributors 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 Core Main. If investors know Core 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 Core Main 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) | Earnings Share 2.09 | Revenue Per Share 37.819 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0797 |
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main'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 Core Main's market value can be influenced by many factors that don't directly affect Core Main'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 Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main'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.