Columbus Intangible Assets from 2010 to 2024

CMCO Stock  USD 41.93  0.72  1.75%   
Columbus McKinnon Intangible Assets yearly trend continues to be very stable with very little volatility. Intangible Assets are likely to grow to about 342.6 M this year. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
1996-03-31
Previous Quarter
397.4 M
Current Value
396.3 M
Quarterly Volatility
125.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Columbus McKinnon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Columbus main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.2 M, Interest Expense of 33.7 M or Selling General Administrative of 73.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0134 or PTB Ratio of 1.3. Columbus financial statements analysis is a perfect complement when working with Columbus McKinnon Valuation or Volatility modules.
  
This module can also supplement Columbus McKinnon's financial leverage analysis and stock options assessment as well as various Columbus McKinnon Technical models . Check out the analysis of Columbus McKinnon Correlation against competitors.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.

Latest Columbus McKinnon's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Columbus McKinnon over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Columbus McKinnon's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Columbus McKinnon's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Columbus Intangible Assets Regression Statistics

Arithmetic Mean189,378,518
Geometric Mean111,513,019
Coefficient Of Variation73.40
Mean Deviation120,268,014
Median217,962,000
Standard Deviation139,002,680
Sample Variance19321.7T
Range377.4M
R-Value0.91
Mean Square Error3502.2T
R-Squared0.83
Slope28,345,811
Total Sum of Squares270504.4T

Columbus Intangible Assets History

2024342.6 M
2023326.3 M
2022362.5 M
2021390.8 M
2020213.4 M
2019218 M
2018232.9 M

About Columbus McKinnon Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Columbus McKinnon income statement, its balance sheet, and the statement of cash flows. Columbus McKinnon investors use historical funamental indicators, such as Columbus McKinnon's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Columbus McKinnon investors may use each financial statement separately, they are all related. The changes in Columbus McKinnon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Columbus McKinnon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Columbus McKinnon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Columbus McKinnon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets326.3 M342.6 M

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

  0.54LNN Lindsay Financial Report 4th of July 2024 PairCorr
  0.53ZEVYW Lightning eMotorsPairCorr
  0.46GP GreenPower Motor Financial Report 12th of July 2024 PairCorr
  0.43MTW Manitowoc Financial Report 7th of May 2024 PairCorr
  0.42TWI Titan International Financial Report 1st of May 2024 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.
Pair CorrelationCorrelation Matching
When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out the analysis of Columbus McKinnon Correlation against competitors.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
Note that the Columbus McKinnon information on this page should be used as a complementary analysis to other Columbus McKinnon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Columbus Stock analysis

When running Columbus McKinnon's price analysis, check to measure Columbus McKinnon's 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 Columbus McKinnon is operating at the current time. Most of Columbus McKinnon's value examination focuses on studying past and present price action to predict the probability of Columbus McKinnon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Columbus McKinnon's price. Additionally, you may evaluate how the addition of Columbus McKinnon to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
CEOs Directory
Screen CEOs from public companies around the world
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Is Columbus McKinnon's industry 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
(0.19)
Dividend Share
0.28
Earnings Share
1.68
Revenue Per Share
34.926
Quarterly Revenue Growth
0.103
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.