Cornerstone Building Current Asset vs. Total Asset

CNRDelisted Stock  USD 24.66  0.00  0.00%   
Considering the key profitability indicators obtained from Cornerstone Building's historical financial statements, Cornerstone Building Brands may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Cornerstone Building's ability to earn profits and add value for shareholders.
For Cornerstone Building profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cornerstone Building to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cornerstone Building Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cornerstone Building's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cornerstone Building Brands over time as well as its relative position and ranking within its peers.
  
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.
Please note, there is a significant difference between Cornerstone Building's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cornerstone Building is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cornerstone Building'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.

Cornerstone Building Total Asset vs. Current Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cornerstone Building's current stock value. Our valuation model uses many indicators to compare Cornerstone Building value to that of its competitors to determine the firm's financial worth.
Cornerstone Building Brands is number one stock in current asset category among related companies. It is number one stock in total asset category among related companies fabricating about  115.88  of Total Asset per Current Asset. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cornerstone Building by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cornerstone Building's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cornerstone Building's earnings, one of the primary drivers of an investment's value.

Cornerstone Total Asset vs. Current Asset

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.

Cornerstone Building

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

 = 
8.17 M
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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Cornerstone Building

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
947.02 M
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Cornerstone Total Asset Comparison

Cornerstone Building is currently under evaluation in total asset category among related companies.

Cornerstone Building Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Cornerstone Building, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cornerstone Building will eventually generate negative long term returns. The profitability progress is the general direction of Cornerstone Building's change in net profit over the period of time. It can combine multiple indicators of Cornerstone Building, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Cornerstone Building Brands, Inc., together with its subsidiaries, designs, engineers, manufactures, markets, and installs external building products for the commercial, residential, and repair and remodel markets in the United States, Canada, Mexico, and internationally. Cornerstone Building Brands, Inc. is headquartered in Cary, North Carolina. Cornerstone Building operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 22000 people.

Cornerstone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cornerstone Building. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cornerstone Building position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cornerstone Building's important profitability drivers and their relationship over time.

Use Cornerstone Building in pair-trading

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.

Cornerstone Building Pair Trading

Cornerstone Building Brands Pair Trading Analysis

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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cornerstone Building position

In addition to having Cornerstone Building in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Communication Thematic Idea Now

Communication
Communication Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
View All  Next Launch
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Global Correlations
Find global opportunities by holding instruments from different markets
Bonds Directory
Find actively traded corporate debentures issued by US companies
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance