Columbus Non Current Assets Total vs Accounts Payable Analysis

CMCO Stock

USD 36.54 0.13 0.36%

Columbus McKinnon financial indicator trend analysis is way more than just evaluating Columbus McKinnon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Columbus McKinnon is a good investment. Please check the relationship between Columbus McKinnon Non Current Assets Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Columbus McKinnon Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Columbus McKinnon's Non Current Assets Total and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Columbus McKinnon, assuming nothing else is changed. The correlation between historical values of Columbus McKinnon's Non Current Assets Total 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 Non Current Assets Total of Columbus McKinnon 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 Non Current Assets Total i.e., Columbus McKinnon's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Columbus McKinnon 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 Columbus McKinnon 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 Columbus McKinnon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Columbus McKinnon 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 Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.As of the 11th of June 2024, Selling General Administrative is likely to drop to about 74.7 M. In addition to that, Discontinued Operations is likely to drop to about 841.6 K

	2021	2022	2023	2024 (projected)
Gross Profit	315.7M	342.1M	347.7M	206.2M
Total Revenue	906.6M	936.2M	1.0B	689.0M

Gross Profit Total Revenue

Columbus McKinnon fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Other Assets
Total Assets		0.88	0.92	0.84	0.97	0.64	0.91	0.94	0.83	0.36	1.0	0.59	0.36	0.89	0.78	0.85	0.82	0.83	0.97	0.86	0.9	0.8	0.71	0.96	0.61	0.28
Short Long Term Debt Total	0.88		0.79	0.94	0.8	0.81	0.87	0.76	0.84	0.32	0.88	0.49	0.32	0.93	0.84	0.96	0.95	0.68	0.83	0.97	0.79	0.84	0.74	0.88	0.71	0.34
Other Current Liab	0.92	0.79		0.85	0.85	0.57	0.77	0.87	0.81	0.49	0.91	0.56	0.49	0.87	0.79	0.84	0.78	0.69	0.85	0.85	0.7	0.82	0.62	0.9	0.75	0.32
Total Current Liabilities	0.84	0.94	0.85		0.75	0.74	0.77	0.75	0.87	0.41	0.84	0.56	0.41	0.94	0.89	0.96	0.96	0.57	0.76	0.98	0.65	0.88	0.71	0.86	0.83	0.39
Total Stockholder Equity	0.97	0.8	0.85	0.75		0.55	0.84	0.96	0.82	0.37	0.96	0.63	0.37	0.82	0.72	0.74	0.74	0.86	0.99	0.75	0.94	0.76	0.6	0.92	0.44	0.16
Property Plant And Equipment Net	0.64	0.81	0.57	0.74	0.55		0.71	0.58	0.56	0.14	0.64	0.03	0.14	0.76	0.7	0.76	0.79	0.65	0.57	0.76	0.56	0.66	0.68	0.6	0.56	0.34
Net Debt	0.91	0.87	0.77	0.77	0.84	0.71		0.78	0.62	-0.01	0.93	0.32	-0.01	0.79	0.61	0.79	0.78	0.74	0.87	0.79	0.89	0.58	0.88	0.91	0.5	0.21
Retained Earnings	0.94	0.76	0.87	0.75	0.96	0.58	0.78		0.78	0.41	0.94	0.64	0.41	0.81	0.74	0.75	0.72	0.83	0.92	0.76	0.82	0.76	0.59	0.9	0.55	0.3
Accounts Payable	0.83	0.84	0.81	0.87	0.82	0.56	0.62	0.78		0.64	0.81	0.74	0.64	0.88	0.89	0.86	0.85	0.65	0.83	0.87	0.72	0.93	0.38	0.78	0.67	0.3
Cash	0.36	0.32	0.49	0.41	0.37	0.14	-0.01	0.41	0.64		0.29	0.57	1.0	0.43	0.62	0.43	0.34	0.35	0.34	0.42	0.17	0.73	-0.22	0.23	0.42	0.32
Non Current Assets Total	1.0	0.88	0.91	0.84	0.96	0.64	0.93	0.94	0.81	0.29		0.58	0.29	0.87	0.75	0.85	0.82	0.81	0.97	0.85	0.91	0.76	0.74	0.98	0.61	0.28
Non Currrent Assets Other	0.59	0.49	0.56	0.56	0.63	0.03	0.32	0.64	0.74	0.57	0.58		0.57	0.52	0.57	0.56	0.5	0.35	0.6	0.57	0.48	0.62	0.1	0.61	0.49	0.23
Cash And Short Term Investments	0.36	0.32	0.49	0.41	0.37	0.14	-0.01	0.41	0.64	1.0	0.29	0.57		0.43	0.62	0.43	0.34	0.35	0.34	0.42	0.17	0.73	-0.22	0.23	0.42	0.32
Net Receivables	0.89	0.93	0.87	0.94	0.82	0.76	0.79	0.81	0.88	0.43	0.87	0.52	0.43		0.92	0.93	0.96	0.69	0.84	0.94	0.74	0.92	0.65	0.85	0.71	0.2
Common Stock Shares Outstanding	0.78	0.84	0.79	0.89	0.72	0.7	0.61	0.74	0.89	0.62	0.75	0.57	0.62	0.92		0.88	0.93	0.68	0.74	0.89	0.63	0.97	0.48	0.69	0.71	0.36
Non Current Liabilities Total	0.85	0.96	0.84	0.96	0.74	0.76	0.79	0.75	0.86	0.43	0.85	0.56	0.43	0.93	0.88		0.94	0.6	0.76	1.0	0.67	0.88	0.66	0.86	0.86	0.45
Inventory	0.82	0.95	0.78	0.96	0.74	0.79	0.78	0.72	0.85	0.34	0.82	0.5	0.34	0.96	0.93	0.94		0.62	0.78	0.95	0.71	0.88	0.7	0.8	0.71	0.26
Other Current Assets	0.83	0.68	0.69	0.57	0.86	0.65	0.74	0.83	0.65	0.35	0.81	0.35	0.35	0.69	0.68	0.6	0.62		0.87	0.59	0.87	0.67	0.5	0.69	0.27	0.22
Other Stockholder Equity	0.97	0.83	0.85	0.76	0.99	0.57	0.87	0.92	0.83	0.34	0.97	0.6	0.34	0.84	0.74	0.76	0.78	0.87		0.77	0.96	0.76	0.62	0.91	0.44	0.14
Total Liab	0.86	0.97	0.85	0.98	0.75	0.76	0.79	0.76	0.87	0.42	0.85	0.57	0.42	0.94	0.89	1.0	0.95	0.59	0.77		0.67	0.89	0.68	0.87	0.86	0.44
Property Plant And Equipment Gross	0.9	0.79	0.7	0.65	0.94	0.56	0.89	0.82	0.72	0.17	0.91	0.48	0.17	0.74	0.63	0.67	0.71	0.87	0.96	0.67		0.63	0.62	0.84	0.27	0.05
Total Current Assets	0.8	0.84	0.82	0.88	0.76	0.66	0.58	0.76	0.93	0.73	0.76	0.62	0.73	0.92	0.97	0.88	0.88	0.67	0.76	0.89	0.63		0.4	0.71	0.7	0.32
Short Term Debt	0.71	0.74	0.62	0.71	0.6	0.68	0.88	0.59	0.38	-0.22	0.74	0.1	-0.22	0.65	0.48	0.66	0.7	0.5	0.62	0.68	0.62	0.4		0.77	0.5	0.27
Intangible Assets	0.96	0.88	0.9	0.86	0.92	0.6	0.91	0.9	0.78	0.23	0.98	0.61	0.23	0.85	0.69	0.86	0.8	0.69	0.91	0.87	0.84	0.71	0.77		0.67	0.3
Other Liab	0.61	0.71	0.75	0.83	0.44	0.56	0.5	0.55	0.67	0.42	0.61	0.49	0.42	0.71	0.71	0.86	0.71	0.27	0.44	0.86	0.27	0.7	0.5	0.67		0.65
Other Assets	0.28	0.34	0.32	0.39	0.16	0.34	0.21	0.3	0.3	0.32	0.28	0.23	0.32	0.2	0.36	0.45	0.26	0.22	0.14	0.44	0.05	0.32	0.27	0.3	0.65

Click cells to compare fundamentals

Columbus McKinnon Account Relationship Matchups

Columbus McKinnon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.2B	1.7B	1.7B	1.8B	1.9B
Short Long Term Debt Total	251.3M	249.0M	511.2M	526.1M	599.6M	313.5M
Other Current Liab	80.1M	95.2M	95.3M	88.5M	102.7M	107.8M
Total Current Liabilities	155.3M	183.9M	249.6M	241.7M	261.8M	145.7M
Total Stockholder Equity	463.6M	530.1M	772.8M	833.8M	882.1M	926.2M
Property Plant And Equipment Net	79.5M	74.8M	97.9M	94.4M	172.0M	86.3M
Net Debt	136.9M	46.8M	395.8M	392.9M	485.5M	509.8M
Retained Earnings	290.4M	293.8M	316.3M	356.8M	395.3M	415.1M
Accounts Payable	57.3M	68.6M	90.9M	76.7M	83.1M	48.7M
Cash	114.5M	202.1M	115.4M	133.2M	114.1M	67.8M
Non Current Assets Total	710.5M	708.6M	1.2B	1.2B	1.3B	1.4B
Non Currrent Assets Other	59.8M	61.3M	68.9M	88.3M	19.3M	30.4M
Cash And Short Term Investments	114.5M	202.1M	115.4M	133.2M	114.1M	67.8M
Net Receivables	123.7M	105.5M	147.5M	151.5M	173.7M	119.0M
Common Stock Shares Outstanding	23.9M	24.2M	28.4M	28.8M	29.0M	20.9M
Liabilities And Stockholders Equity	1.1B	1.2B	1.7B	1.7B	1.8B	1.9B
Non Current Liabilities Total	474.4M	436.4M	663.3M	623.0M	682.1M	392.8M
Inventory	127.4M	111.5M	172.1M	179.4M	186.1M	119.1M
Other Current Assets	17.2M	22.8M	31.5M	32.3M	40.2M	42.2M
Other Stockholder Equity	287.3M	296.1M	506.1M	514.8M	526.1M	552.4M
Total Liab	629.7M	620.3M	912.9M	864.7M	943.9M	538.4M
Property Plant And Equipment Gross	79.5M	74.8M	327.2M	326.1M	349.2M	366.7M
Total Current Assets	382.7M	441.8M	466.6M	496.2M	514.2M	327.5M
Accumulated Other Comprehensive Income	(114.4M)	(60.0M)	(49.9M)	(38.0M)	(39.7M)	(41.7M)
Intangible Assets	218.0M	213.4M	390.8M	362.5M	385.6M	404.9M
Other Liab	188.7M	191.9M	192.6M	143.2M	164.7M	106.9M
Other Assets	44.6M	81.3M	71.3M	30.8M	35.4M	40.3M
Long Term Debt	246.9M	244.5M	470.7M	431.0M	479.6M	279.8M
Common Stock Total Equity	238K	240K	285K	286K	328.9K	217.9K
Common Stock	238K	240K	285K	286K	288K	221.8K
Property Plant Equipment	79.5M	74.8M	97.9M	94.4M	108.5M	84.1M
Current Deferred Revenue	13.5M	15.6M	22.9M	27.8M	16.6M	23.9M
Good Will	319.7M	331.2M	648.8M	644.6M	710.3M	674.8M
Net Tangible Assets	(74.1M)	(14.4M)	(266.8M)	(173.4M)	(156.0M)	(148.2M)
Retained Earnings Total Equity	290.4M	293.8M	316.3M	356.8M	410.3M	226.2M
Short Term Investments	662K	743K	859K	7.6M	8.8M	9.2M
Long Term Debt Total	246.9M	244.5M	470.7M	431.0M	495.6M	283.4M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Columbus Stock

When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:

How To Invest In Columbus

Details

Is Columbus Stock a good investment?

Details

What is Columbus McKinnon's Net Worth?

Details

Largest Farm & Heavy Construction Machinery Companies

View

Largest Industrials Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Industrial Machinery & Supplies & Components space 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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon 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

(0.15)

Dividend Share

0.28

Earnings Share

1.61

Revenue Per Share

35.281

Quarterly Revenue Growth

0.046

The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon'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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon'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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Columbus Non Current Assets Total vs Accounts Payable Analysis

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Accounts Payable

Columbus McKinnon fundamental ratios Correlations

Columbus McKinnon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Columbus McKinnon fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Columbus Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Current Liabilities
Intangible Assets	+ 0.98	Non Current Assets Total

Short Term Debt	- 0.22	Cash And Short Term Investments
Short Term Debt	- 0.22	Cash
Cash And Short Term Investments	- 0.01	Net Debt
Cash	- 0.01	Net Debt