Camtek Property Plant And Equipment Net vs Accounts Payable Analysis
CAMT Stock | USD 94.11 1.24 1.34% |
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 Property Plant And Equipment Net and its Accounts Payable 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.
Property Plant And Equipment Net vs Accounts Payable
Property Plant And Equipment Net vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camtek Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Camtek's Property Plant And Equipment Net and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Camtek, assuming nothing else is changed. The correlation between historical values of Camtek's Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Camtek are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Camtek's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents Camtek obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Camtek are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 | 1.7M | |
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.Moving against Camtek Stock
0.57 | EPAM | EPAM Systems | PairCorr |
0.45 | IBM | International Business Sell-off Trend | PairCorr |
0.45 | JNPR | Juniper Networks Sell-off Trend | PairCorr |
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Camtek Stock analysis
When running Camtek's price analysis, check to measure Camtek'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 Camtek is operating at the current time. Most of Camtek's value examination focuses on studying past and present price action to predict the probability of Camtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camtek's price. Additionally, you may evaluate how the addition of Camtek to your portfolios can decrease your overall portfolio volatility.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
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.