Compass Non Current Liabilities Other from 2010 to 2024
| CMP Stock | USD 12.75 0.04 0.31% |
Non Current Liabilities Other | First Reported 2010-09-30 | Previous Quarter 166.2 M | Current Value 171.8 M | Quarterly Volatility 57.2 M |
Check Compass Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Compass main balance sheet or income statement drivers, such as Depreciation And Amortization of 103.5 M, Interest Expense of 43.3 M or Selling General Administrative of 107.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.068 or PTB Ratio of 6.22. Compass financial statements analysis is a perfect complement when working with Compass Minerals Valuation or Volatility modules.
Compass | Non Current Liabilities Other |
Latest Compass Minerals' Non Current Liabilities Other Growth Pattern
Below is the plot of the Non Current Liabilities Other of Compass Minerals International over the last few years. It is Compass Minerals' Non Current Liabilities Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Compass Minerals' overall financial position and show how it may be relating to other accounts over time.
| Non Current Liabilities Other | 10 Years Trend |
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Non Current Liabilities Other |
| Timeline |
Compass Non Current Liabilities Other Regression Statistics
| Arithmetic Mean | 94,089,949 | |
| Geometric Mean | 76,135,688 | |
| Coefficient Of Variation | 59.98 | |
| Mean Deviation | 51,950,619 | |
| Median | 98,949,231 | |
| Standard Deviation | 56,439,724 | |
| Sample Variance | 3185.4T | |
| Range | 141.2M | |
| R-Value | 0.80 | |
| Mean Square Error | 1250.5T | |
| R-Squared | 0.64 | |
| Significance | 0.0004 | |
| Slope | 10,060,516 | |
| Total Sum of Squares | 44596.2T |
Compass Non Current Liabilities Other History
About Compass Minerals Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Compass Minerals income statement, its balance sheet, and the statement of cash flows. Compass Minerals investors use historical funamental indicators, such as Compass Minerals's Non Current Liabilities Other, to determine how well the company is positioned to perform in the future. Although Compass Minerals investors may use each financial statement separately, they are all related. The changes in Compass Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Compass Minerals'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 Compass Minerals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Compass Minerals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Current Liabilities Other | 166.2 M | 98.9 M |
Compass Minerals Investors Sentiment
The influence of Compass Minerals' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Compass. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Compass Minerals' public news can be used to forecast risks associated with an investment in Compass. The trend in average sentiment can be used to explain how an investor holding Compass can time the market purely based on public headlines and social activities around Compass Minerals International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Compass Minerals' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Compass Minerals' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Compass Minerals' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Compass Minerals.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Compass Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Compass Minerals' short interest history, or implied volatility extrapolated from Compass Minerals options trading.
Pair Trading with Compass Minerals
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 Compass Minerals 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 Compass Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
| 0.77 | VALE | Vale SA ADR | PairCorr |
Moving against Compass Stock
| 0.86 | EMX | EMX Royalty Corp Financial Report 20th of May 2024 | PairCorr |
| 0.85 | XPL | Solitario Exploration Financial Report 14th of May 2024 | PairCorr |
| 0.78 | LZM | Lifezone Metals | PairCorr |
| 0.74 | FURY | Fury Gold Mines Financial Report 9th of May 2024 | PairCorr |
| 0.74 | WRN | Western Copper | PairCorr |
The ability to find closely correlated positions to Compass Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Minerals 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 Compass Minerals - 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 Compass Minerals International to buy it.
The correlation of Compass Minerals 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 Compass Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Minerals Int 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 Compass Minerals 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 the analysis of Compass Minerals Correlation against competitors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Compass Stock analysis
When running Compass Minerals' price analysis, check to measure Compass Minerals' 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 Compass Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Compass Minerals' 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 Compass Minerals. If investors know Compass 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 Compass Minerals 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 (0.92) | Dividend Share 2.88 | Earnings Share (1.45) | Revenue Per Share 44.542 | Quarterly Revenue Growth (0.25) |
The market value of Compass Minerals Int is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Minerals' value that differs from its market value or its book value, called intrinsic value, which is Compass Minerals' 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 Compass Minerals' market value can be influenced by many factors that don't directly affect Compass Minerals' 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 Compass Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Minerals' 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.