Cornerstone Building Brands Stock Working Capital
| CNRDelisted Stock | USD 24.66 0.00 0.00% |
Cornerstone Building Brands fundamentals help investors to digest information that contributes to Cornerstone Building's financial success or failures. It also enables traders to predict the movement of Cornerstone Stock. The fundamental analysis module provides a way to measure Cornerstone Building's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cornerstone Building stock.
Cornerstone |
Cornerstone Building Brands Company Working Capital Analysis
Cornerstone Building's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Cornerstone Building Working Capital | 714.66 K |
Most of Cornerstone Building's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cornerstone Building Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionIn accordance with the company's disclosures, Cornerstone Building Brands has a Working Capital of 714.66 K. This is 99.78% lower than that of the Industrials sector and significantly higher than that of the Building Products & Equipment industry. The working capital for all United States stocks is 99.95% higher than that of the company.
Cornerstone Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cornerstone Building's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cornerstone Building could also be used in its relative valuation, which is a method of valuing Cornerstone Building by comparing valuation metrics of similar companies.Cornerstone Building is currently under evaluation in working capital category among related companies.
Cornerstone Fundamentals
| Return On Equity | 84.74 | |||
| Return On Asset | 4.41 | |||
| Profit Margin | 13.09 % | |||
| Operating Margin | 6.94 % | |||
| Current Valuation | 5.98 B | |||
| Shares Outstanding | 126.22 M | |||
| Shares Owned By Insiders | 2.15 % | |||
| Shares Owned By Institutions | 98.34 % | |||
| Number Of Shares Shorted | 8.85 M | |||
| Price To Earning | 5.00 X | |||
| Price To Book | 7.00 X | |||
| Price To Sales | 0.53 X | |||
| Revenue | 5.88 B | |||
| Gross Profit | 1.2 B | |||
| EBITDA | 702.34 M | |||
| Net Income | 761.23 M | |||
| Cash And Equivalents | 542.04 M | |||
| Cash Per Share | 4.26 X | |||
| Total Debt | 3.38 B | |||
| Debt To Equity | 2.49 % | |||
| Current Ratio | 2.43 X | |||
| Book Value Per Share | 3.52 X | |||
| Cash Flow From Operations | (45.81 M) | |||
| Short Ratio | 5.09 X | |||
| Earnings Per Share | (3.85) X | |||
| Price To Earnings To Growth | 0.27 X | |||
| Number Of Employees | 22 K | |||
| Beta | 1.64 | |||
| Market Capitalization | 3.11 B | |||
| Total Asset | 947.02 M | |||
| Retained Earnings | (348.95 M) | |||
| Working Capital | 714.66 K | |||
| Current Asset | 8.17 M | |||
| Current Liabilities | 7.46 M | |||
| Z Score | 5.99 |
About Cornerstone Building Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cornerstone Building Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cornerstone Building using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cornerstone Building Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Cornerstone Building
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 Cornerstone Building 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 Cornerstone Building will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cornerstone Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cornerstone Building 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 Cornerstone Building - 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 Cornerstone Building Brands to buy it.
The correlation of Cornerstone Building 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 Cornerstone Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cornerstone Building 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 Cornerstone Building 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Cornerstone Stock
If you are still planning to invest in Cornerstone Building check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cornerstone Building's history and understand the potential risks before investing.
| 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 | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |