CSW Cash vs Short Term Debt Analysis
| CSWI Stock | USD 245.27 3.33 1.38% |
CSW Industrials financial indicator trend analysis is way more than just evaluating CSW Industrials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSW Industrials is a good investment. Please check the relationship between CSW Industrials Cash and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSW Industrials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.
Cash vs Short Term Debt
Cash vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSW Industrials Cash account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CSW Industrials' Cash and Short Term Debt is -0.22. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of CSW Industrials, assuming nothing else is changed. The correlation between historical values of CSW Industrials' Cash and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of CSW Industrials are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., CSW Industrials' Cash and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.22 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of CSW Industrials, which is listed under current asset account on CSW Industrials balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CSW Industrials customers. The amounts must be unrestricted with restricted cash listed in a different CSW Industrials account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Short Term Debt
Most indicators from CSW Industrials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSW Industrials 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 CSW Industrials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.As of now, CSW Industrials' Selling General Administrative is increasing as compared to previous years. The CSW Industrials' current Discontinued Operations is estimated to increase to about 1.5 M, while Tax Provision is projected to decrease to under 18.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 256.0M | 318.2M | 365.9M | 384.2M | Total Revenue | 626.4M | 757.9M | 871.6M | 915.2M |
CSW Industrials fundamental ratios Correlations
Click cells to compare fundamentals
CSW Industrials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSW Industrials fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 369.2M | 875.0M | 995.4M | 1.0B | 1.2B | 1.3B | |
| Total Stockholder Equity | 276.7M | 412.0M | 469.1M | 525.7M | 604.5M | 307.1M | |
| Non Current Assets Total | 219.2M | 660.4M | 695.2M | 720.4M | 828.5M | 869.9M | |
| Non Currrent Assets Other | 7.8M | 76.0M | 82.0M | 67.6M | 77.8M | 81.6M | |
| Other Assets | 11.0M | 7.8M | 14.3M | 15.6M | 14.0M | 22.2M | |
| Common Stock Shares Outstanding | 15.2M | 15.1M | 15.8M | 15.5M | 14.0M | 12.5M | |
| Non Current Liabilities Total | 33.4M | 380.2M | 393.5M | 391.3M | 450.0M | 472.5M | |
| Other Current Assets | 3.1M | 9.7M | 10.6M | 20.3M | 18.3M | 20.4M | |
| Other Stockholder Equity | (27.1M) | 70.6M | 66.5M | 40.6M | 36.5M | 46.2M | |
| Total Liab | 92.5M | 462.9M | 510.9M | 499.3M | 574.2M | 602.9M | |
| Total Current Assets | 150.0M | 214.6M | 300.1M | 323.1M | 371.5M | 390.1M | |
| Intangible Assets | 46.2M | 283.1M | 300.8M | 318.9M | 366.7M | 385.1M | |
| Short Long Term Debt Total | 29.1M | 242.3M | 252.8M | 253M | 291.0M | 305.5M | |
| Net Debt | 10.8M | 232.2M | 236.2M | 234.5M | 269.7M | 283.2M | |
| Total Current Liabilities | 59.1M | 82.7M | 117.4M | 108.0M | 124.2M | 130.5M | |
| Other Current Liab | 30.7M | 48.3M | 68.0M | 57.0M | 65.5M | 34.0M | |
| Other Liab | 8.4M | 6.4M | 81.0M | 78.1M | 89.8M | 94.3M | |
| Net Tangible Assets | 138.9M | (89.8M) | 484.4M | 544.1M | 625.8M | 657.0M | |
| Property Plant And Equipment Net | 73.6M | 82.6M | 87.0M | 88.2M | 101.5M | 75.2M | |
| Current Deferred Revenue | 2.9M | 1.5M | 1.0M | 637K | 732.6K | 695.9K | |
| Retained Earnings | 315.1M | 347.2M | 407.5M | 493.3M | 567.3M | 324.4M | |
| Accounts Payable | 22.0M | 32.4M | 47.8M | 40.7M | 46.7M | 24.4M | |
| Cash | 18.3M | 10.1M | 16.6M | 18.5M | 16.6M | 14.9M | |
| Long Term Debt | 10.3M | 241.8M | 252.2M | 253M | 291.0M | 305.5M | |
| Cash And Short Term Investments | 18.3M | 10.1M | 16.6M | 18.5M | 16.6M | 18.0M | |
| Net Receivables | 74.9M | 96.7M | 122.8M | 122.8M | 141.2M | 84.3M | |
| Good Will | 91.7M | 218.8M | 224.7M | 242.7M | 279.2M | 293.1M | |
| Common Stock Total Equity | 159K | 161K | 162K | 163K | 187.5K | 142.8K | |
| Liabilities And Stockholders Equity | 369.2M | 875.0M | 995.4M | 1.0B | 1.2B | 1.3B | |
| Inventory | 53.8M | 98.1M | 150.1M | 161.6M | 185.8M | 195.1M | |
| Property Plant And Equipment Gross | 73.6M | 144.3M | 87.0M | 88.2M | 101.5M | 82.0M | |
| Accumulated Other Comprehensive Income | (11.4M) | (6.0M) | (5.1M) | (8.4M) | (7.6M) | (7.9M) | |
| Treasury Stock | (50.0M) | (75.4M) | (34.1M) | (46.4M) | (41.8M) | (39.7M) | |
| Common Stock | 159K | 161K | 162K | 163K | 187.5K | 142.8K | |
| Property Plant Equipment | 73.6M | 82.6M | 87.0M | 88.2M | 101.5M | 74.5M | |
| Long Term Debt Total | 10.3M | 241.8M | 252.2M | 253M | 291.0M | 305.5M | |
| Capital Surpluse | 48.3M | 104.7M | 112.9M | 123.3M | 141.8M | 148.9M |
Pair Trading with CSW Industrials
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 CSW Industrials 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 CSW Industrials will appreciate offsetting losses from the drop in the long position's value.Moving together with CSW Stock
| 0.8 | CR | Crane Company | PairCorr |
Moving against CSW Stock
| 0.55 | ATS | ATS Corporation Earnings Call This Week | PairCorr |
| 0.55 | CYD | China Yuchai Interna | PairCorr |
| 0.5 | RR | Richtech Robotics Class | PairCorr |
The ability to find closely correlated positions to CSW Industrials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSW Industrials 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 CSW Industrials - 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 CSW Industrials to buy it.
The correlation of CSW Industrials 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 CSW Industrials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSW Industrials 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 CSW Industrials 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 CSW Industrials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for CSW Stock analysis
When running CSW Industrials' price analysis, check to measure CSW Industrials' 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 CSW Industrials is operating at the current time. Most of CSW Industrials' value examination focuses on studying past and present price action to predict the probability of CSW Industrials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSW Industrials' price. Additionally, you may evaluate how the addition of CSW Industrials to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is CSW Industrials' 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 CSW Industrials. If investors know CSW 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 CSW Industrials 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 (0.41) | Dividend Share 0.74 | Earnings Share 6.24 | Revenue Per Share 50.102 | Quarterly Revenue Growth 0.023 |
The market value of CSW Industrials is measured differently than its book value, which is the value of CSW that is recorded on the company's balance sheet. Investors also form their own opinion of CSW Industrials' value that differs from its market value or its book value, called intrinsic value, which is CSW Industrials' 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 CSW Industrials' market value can be influenced by many factors that don't directly affect CSW Industrials' 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 CSW Industrials' value and its price as these two are different measures arrived at by different means. Investors typically determine if CSW Industrials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSW Industrials' 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.