CommScope Non Current Assets Total vs Accounts Payable Analysis
| COMM Stock | USD 1.44 0.01 0.69% |
CommScope Holding financial indicator trend analysis is way more than just evaluating CommScope Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CommScope Holding is a good investment. Please check the relationship between CommScope Holding 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 CommScope Holding Co. 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.
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 CommScope Holding Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CommScope Holding's Non Current Assets Total and Accounts Payable is 0.96. 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 CommScope Holding Co, assuming nothing else is changed. The correlation between historical values of CommScope Holding'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 CommScope Holding Co 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., CommScope Holding's Non Current Assets Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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 CommScope Holding 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 CommScope Holding 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 CommScope Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CommScope Holding 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 CommScope Holding Co. 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. At this time, CommScope Holding's Selling General Administrative is very stable compared to the past year. As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.17, though Tax Provision is likely to grow to (166.5 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 561.2M | 588.9M | 675.8M | 381.8M | Depreciation And Amortization | 786.3M | 696.1M | 561.2M | 495.4M |
CommScope Holding fundamental ratios Correlations
Click cells to compare fundamentals
CommScope Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CommScope Holding Co. 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. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running CommScope Holding's price analysis, check to measure CommScope Holding'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 CommScope Holding is operating at the current time. Most of CommScope Holding's value examination focuses on studying past and present price action to predict the probability of CommScope Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CommScope Holding's price. Additionally, you may evaluate how the addition of CommScope Holding to your portfolios can decrease your overall portfolio volatility.
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Is CommScope Holding'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 CommScope Holding. If investors know CommScope 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 CommScope Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.71) | Revenue Per Share 24.997 | Quarterly Revenue Growth (0.30) | Return On Assets 0.0243 | Return On Equity (18.38) |
The market value of CommScope Holding is measured differently than its book value, which is the value of CommScope that is recorded on the company's balance sheet. Investors also form their own opinion of CommScope Holding's value that differs from its market value or its book value, called intrinsic value, which is CommScope Holding'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 CommScope Holding's market value can be influenced by many factors that don't directly affect CommScope Holding'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 CommScope Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if CommScope Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommScope Holding'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.