Camtek Interest Expense vs Net Income Analysis
CAMT Stock | USD 82.16 3.30 4.18% |
Camtek financial indicator trend analysis is way more than just evaluating Camtek prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camtek is a good investment. Please check the relationship between Camtek Interest Expense and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.
Interest Expense vs Net Income
Interest Expense vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camtek Interest Expense account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Camtek's Interest Expense and Net Income is 0.29. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Camtek, assuming nothing else is changed. The correlation between historical values of Camtek's Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Camtek are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Camtek's Interest Expense and Net Income go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Camtek financial statement analysis. It represents the amount of money remaining after all of Camtek operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Camtek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camtek current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.At this time, Camtek's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 137.3M | 159.9M | 147.6M | 155.0M | Total Revenue | 269.7M | 320.9M | 315.4M | 331.1M |
Camtek fundamental ratios Correlations
Click cells to compare fundamentals
Camtek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camtek fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 170.4M | 287.9M | 583.8M | 677.1M | 787.7M | 827.1M | |
Other Current Liab | 17.4M | 23.3M | 44.3M | 42.7M | 38.1M | 40.0M | |
Total Current Liabilities | 31.6M | 57.4M | 89.7M | 88.5M | 96.7M | 101.5M | |
Total Stockholder Equity | 136.3M | 227.3M | 293.6M | 384.1M | 476.1M | 500.0M | |
Property Plant And Equipment Net | 18.5M | 20.4M | 25.4M | 33.1M | 42.0M | 44.1M | |
Net Debt | (37.2M) | (104.4M) | (47.3M) | 47.6M | 76.9M | 80.7M | |
Retained Earnings | 36.7M | 58.5M | 118.8M | 198.7M | 277.4M | 291.2M | |
Accounts Payable | 11.3M | 27.2M | 33.6M | 31.7M | 42.2M | 44.3M | |
Cash | 38.0M | 105.8M | 241.9M | 148.2M | 120.0M | 126.0M | |
Non Current Assets Total | 22.7M | 26.0M | 63.6M | 120.1M | 240.9M | 252.9M | |
Non Currrent Assets Other | 2.9M | 4.5M | 5.3M | 6.4M | 31.4M | 33.0M | |
Cash And Short Term Investments | 89.5M | 177.8M | 397.9M | 399.7M | 354.0M | 371.7M | |
Net Receivables | 31.4M | 41.0M | 57.8M | 80.6M | 87.3M | 91.7M | |
Common Stock Total Equity | 149K | 151K | 157K | 171K | 196.7K | 147K | |
Common Stock Shares Outstanding | 38.4M | 40.4M | 45.0M | 48.2M | 48.9M | 34.9M | |
Liabilities And Stockholders Equity | 170.4M | 287.9M | 583.8M | 677.1M | 787.7M | 827.1M | |
Non Current Liabilities Total | 2.5M | 3.3M | 200.4M | 204.5M | 207.3M | 217.7M | |
Inventory | 23.8M | 39.7M | 58.8M | 65.5M | 85.9M | 90.2M | |
Other Current Assets | 2.9M | 3.4M | 5.7M | 11.2M | 19.5M | 20.5M | |
Other Stockholder Equity | 99.4M | 168.6M | 174.7M | 185.2M | 198.5M | 208.4M | |
Total Liab | 34.1M | 60.6M | 290.1M | 293.0M | 304.0M | 319.2M | |
Property Plant And Equipment Gross | 18.5M | 20.4M | 43.3M | 54.0M | 67.1M | 70.4M | |
Total Current Assets | 147.7M | 261.9M | 520.2M | 557.0M | 546.8M | 574.1M | |
Short Term Debt | 826K | 736K | 1.0M | 1.3M | 1.7M | 940.7K | |
Intangible Assets | 491K | 609K | 610K | 597K | 16.9M | 17.8M | |
Common Stock | 157K | 171K | 172K | 175K | 176K | 152.4K | |
Other Liab | 1.4M | 1.7M | 2.6M | 5.8M | 6.7M | 3.5M | |
Other Assets | 4.7M | 3.7M | 5.0M | 37.6M | 43.2M | 45.4M | |
Property Plant Equipment | 18.5M | 20.4M | 25.4M | 33.1M | 38.1M | 40.0M | |
Current Deferred Revenue | 2.0M | 6.2M | 10.8M | 12.8M | 14.7M | 15.4M | |
Net Tangible Assets | 135.8M | 226.7M | 293.0M | 383.5M | 441.0M | 463.1M | |
Net Invested Capital | 136.3M | 227.3M | 488.3M | 579.8M | 673.0M | 359.9M | |
Net Working Capital | 116.1M | 204.5M | 430.5M | 468.5M | 450.1M | 285.0M |
Pair Trading with Camtek
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 Camtek 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 Camtek will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Camtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camtek 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 Camtek - 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 Camtek to buy it.
The correlation of Camtek 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 Camtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camtek 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 Camtek 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, which includes a position in Camtek. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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Is Camtek'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 Camtek. If investors know Camtek 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 Camtek 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 (0.08) | Earnings Share 1.63 | Revenue Per Share 7.051 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0558 |
The market value of Camtek is measured differently than its book value, which is the value of Camtek that is recorded on the company's balance sheet. Investors also form their own opinion of Camtek's value that differs from its market value or its book value, called intrinsic value, which is Camtek'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 Camtek's market value can be influenced by many factors that don't directly affect Camtek'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 Camtek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camtek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camtek'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.