Curtiss Wright Stock Current Asset

CW Stock  USD 253.57  2.56  1.02%   
Curtiss Wright fundamentals help investors to digest information that contributes to Curtiss Wright's financial success or failures. It also enables traders to predict the movement of Curtiss Stock. The fundamental analysis module provides a way to measure Curtiss Wright'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 Curtiss Wright stock.
At this time, Curtiss Wright's Non Current Assets Total are fairly stable compared to the past year. Total Current Assets is likely to climb to about 1.8 B in 2024, whereas Other Current Assets are likely to drop slightly above 38.2 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Curtiss Current Asset Analysis

Curtiss Wright's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.2B1.4B1.2B1.2B
Total Assets4.1B4.4B4.6B4.9B

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current Curtiss Wright Current Asset

    
  1.27 B  
Most of Curtiss Wright's fundamental indicators, such as Current Asset, 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, Curtiss Wright is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Curtiss Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Curtiss Wright is extremely important. It helps to project a fair market value of Curtiss Stock properly, considering its historical fundamentals such as Current Asset. Since Curtiss Wright's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Curtiss Wright's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Curtiss Wright's interrelated accounts and indicators.
0.730.980.790.890.940.95-0.63-0.710.980.910.270.830.790.720.620.80.86-0.690.580.8-0.720.84-0.310.690.68-0.48-0.670.7-0.44-0.48
0.730.620.670.550.720.69-0.56-0.40.80.680.310.870.810.840.270.90.92-0.430.590.83-0.530.750.020.560.280.19-0.510.37-0.310.19
0.980.620.710.930.930.92-0.52-0.760.920.890.180.770.70.620.680.690.78-0.730.470.78-0.680.79-0.430.660.73-0.62-0.710.76-0.41-0.62
0.790.670.710.680.70.77-0.45-0.620.840.540.480.870.560.590.670.760.81-0.640.510.58-0.910.78-0.010.820.56-0.19-0.640.67-0.62-0.19
0.890.550.930.680.870.79-0.32-0.940.820.740.260.720.510.420.820.570.74-0.920.20.75-0.70.73-0.630.680.86-0.61-0.870.86-0.55-0.61
0.940.720.930.70.870.94-0.63-0.70.920.880.290.810.780.660.50.750.83-0.690.50.83-0.630.73-0.410.590.62-0.39-0.680.61-0.44-0.39
0.950.690.920.770.790.94-0.71-0.590.940.880.220.80.840.760.480.770.81-0.570.670.8-0.650.75-0.20.610.55-0.43-0.560.58-0.36-0.43
-0.63-0.56-0.52-0.45-0.32-0.63-0.710.06-0.7-0.75-0.27-0.41-0.84-0.730.03-0.68-0.520.04-0.78-0.460.34-0.49-0.17-0.11-0.120.130.04-0.030.130.13
-0.71-0.4-0.76-0.62-0.94-0.7-0.590.06-0.63-0.48-0.29-0.62-0.27-0.2-0.89-0.4-0.621.00.04-0.630.68-0.610.69-0.68-0.890.530.92-0.90.60.53
0.980.80.920.840.820.920.94-0.7-0.630.90.340.860.830.790.540.870.89-0.620.660.79-0.730.86-0.180.690.61-0.35-0.60.61-0.45-0.35
0.910.680.890.540.740.880.88-0.75-0.480.90.140.630.850.720.330.760.72-0.450.620.72-0.440.76-0.210.440.51-0.46-0.40.46-0.17-0.46
0.270.310.180.480.260.290.22-0.27-0.290.340.140.380.170.170.280.260.36-0.33-0.010.14-0.460.210.030.190.420.09-0.190.36-0.350.09
0.830.870.770.870.720.810.8-0.41-0.620.860.630.380.710.740.560.820.95-0.630.510.83-0.780.78-0.150.790.49-0.06-0.710.63-0.47-0.06
0.790.810.70.560.510.780.84-0.84-0.270.830.850.170.710.910.120.880.82-0.250.820.81-0.440.720.040.430.25-0.06-0.280.26-0.03-0.06
0.720.840.620.590.420.660.76-0.73-0.20.790.720.170.740.910.130.820.8-0.20.860.78-0.430.620.150.40.170.06-0.290.21-0.10.06
0.620.270.680.670.820.50.480.03-0.890.540.330.280.560.120.130.30.51-0.88-0.050.44-0.750.57-0.50.70.85-0.59-0.850.94-0.63-0.59
0.80.90.690.760.570.750.77-0.68-0.40.870.760.260.820.880.820.30.92-0.410.730.75-0.630.910.120.710.360.02-0.40.4-0.210.02
0.860.920.780.810.740.830.81-0.52-0.620.890.720.360.950.820.80.510.92-0.630.570.9-0.730.86-0.150.770.52-0.04-0.660.61-0.35-0.04
-0.69-0.43-0.73-0.64-0.92-0.69-0.570.041.0-0.62-0.45-0.33-0.63-0.25-0.2-0.88-0.41-0.630.05-0.630.68-0.60.66-0.69-0.880.460.92-0.890.630.46
0.580.590.470.510.20.50.67-0.780.040.660.62-0.010.510.820.86-0.050.730.570.050.49-0.330.530.360.340.020.03-0.02-0.030.010.03
0.80.830.780.580.750.830.8-0.46-0.630.790.720.140.830.810.780.440.750.9-0.630.49-0.510.68-0.360.590.49-0.11-0.680.55-0.25-0.11
-0.72-0.53-0.68-0.91-0.7-0.63-0.650.340.68-0.73-0.44-0.46-0.78-0.44-0.43-0.75-0.63-0.730.68-0.33-0.51-0.730.21-0.77-0.60.330.71-0.70.620.33
0.840.750.790.780.730.730.75-0.49-0.610.860.760.210.780.720.620.570.910.86-0.60.530.68-0.73-0.040.840.59-0.29-0.550.66-0.24-0.29
-0.310.02-0.43-0.01-0.63-0.41-0.2-0.170.69-0.18-0.210.03-0.150.040.15-0.50.12-0.150.660.36-0.360.21-0.04-0.15-0.560.50.66-0.450.40.5
0.690.560.660.820.680.590.61-0.11-0.680.690.440.190.790.430.40.70.710.77-0.690.340.59-0.770.84-0.150.63-0.2-0.650.72-0.37-0.2
0.680.280.730.560.860.620.55-0.12-0.890.610.510.420.490.250.170.850.360.52-0.880.020.49-0.60.59-0.560.63-0.61-0.720.88-0.45-0.61
-0.480.19-0.62-0.19-0.61-0.39-0.430.130.53-0.35-0.460.09-0.06-0.060.06-0.590.02-0.040.460.03-0.110.33-0.290.5-0.2-0.610.38-0.580.191.0
-0.67-0.51-0.71-0.64-0.87-0.68-0.560.040.92-0.6-0.4-0.19-0.71-0.28-0.29-0.85-0.4-0.660.92-0.02-0.680.71-0.550.66-0.65-0.720.38-0.790.710.38
0.70.370.760.670.860.610.58-0.03-0.90.610.460.360.630.260.210.940.40.61-0.89-0.030.55-0.70.66-0.450.720.88-0.58-0.79-0.45-0.58
-0.44-0.31-0.41-0.62-0.55-0.44-0.360.130.6-0.45-0.17-0.35-0.47-0.03-0.1-0.63-0.21-0.350.630.01-0.250.62-0.240.4-0.37-0.450.190.71-0.450.19
-0.480.19-0.62-0.19-0.61-0.39-0.430.130.53-0.35-0.460.09-0.06-0.060.06-0.590.02-0.040.460.03-0.110.33-0.290.5-0.2-0.611.00.38-0.580.19
Click cells to compare fundamentals
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Curtiss Total Assets

Total Assets

4.85 Billion

At this time, Curtiss Wright's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Curtiss Wright has a Current Asset of 1.27 B. This is 5.58% higher than that of the Aerospace & Defense sector and 72.13% lower than that of the Industrials industry. The current asset for all United States stocks is 86.35% higher than that of the company.

Did you try this?

Run Analyst Advice Now

   

Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module

Curtiss Fundamentals

About Curtiss Wright Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Curtiss Wright's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Curtiss Wright using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Curtiss Wright 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.
Last ReportedProjected for 2024
Non Current Assets Total2.9 BB
Other Current Assets67.5 M38.2 M
Total Current Assets1.7 B1.8 B

Pair Trading with Curtiss Wright

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 Curtiss Wright 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 Curtiss Wright will appreciate offsetting losses from the drop in the long position's value.

Moving together with Curtiss Stock

  0.9GD General Dynamics Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Curtiss Stock

  0.91EVEX Eve Holding Financial Report 14th of May 2024 PairCorr
  0.85DPRO Draganfly Financial Report 14th of May 2024 PairCorr
  0.77MNTS MomentusPairCorr
  0.74BA Boeing Fiscal Quarter End 31st of March 2024 PairCorr
  0.69MRCY Mercury Systems Financial Report 7th of May 2024 PairCorr
The ability to find closely correlated positions to Curtiss Wright could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curtiss Wright 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 Curtiss Wright - 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 Curtiss Wright to buy it.
The correlation of Curtiss Wright 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 Curtiss Wright moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curtiss-Wright 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 Curtiss Wright 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 Curtiss-Wright is a strong investment it is important to analyze Curtiss Wright's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Curtiss Wright's future performance. For an informed investment choice regarding Curtiss Stock, refer to the following important reports:
Check out Curtiss Wright Piotroski F Score and Curtiss Wright Altman Z Score analysis.
For more information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Curtiss Stock analysis

When running Curtiss Wright's price analysis, check to measure Curtiss Wright'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 Curtiss Wright is operating at the current time. Most of Curtiss Wright's value examination focuses on studying past and present price action to predict the probability of Curtiss Wright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curtiss Wright's price. Additionally, you may evaluate how the addition of Curtiss Wright to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Is Curtiss Wright'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 Curtiss Wright. If investors know Curtiss 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 Curtiss Wright 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
0.099
Dividend Share
0.79
Earnings Share
9.19
Revenue Per Share
74.325
Quarterly Revenue Growth
0.037
The market value of Curtiss-Wright is measured differently than its book value, which is the value of Curtiss that is recorded on the company's balance sheet. Investors also form their own opinion of Curtiss Wright's value that differs from its market value or its book value, called intrinsic value, which is Curtiss Wright'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 Curtiss Wright's market value can be influenced by many factors that don't directly affect Curtiss Wright'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 Curtiss Wright's value and its price as these two are different measures arrived at by different means. Investors typically determine if Curtiss Wright is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curtiss Wright'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.