Curtiss Capex To Depreciation vs Interest Coverage Analysis
CW Stock | USD 254.01 0.00 0.00% |
Curtiss Wright financial indicator trend analysis is way more than just evaluating Curtiss Wright prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curtiss Wright is a good investment. Please check the relationship between Curtiss Wright Capex To Depreciation and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Curtiss Wright. 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 information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.
Capex To Depreciation vs Interest Coverage
Capex To Depreciation vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Curtiss Wright Capex To Depreciation account and Interest Coverage. At this time, the significance of the direction appears to have very week relationship.
The correlation between Curtiss Wright's Capex To Depreciation and Interest Coverage is 0.26. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Curtiss Wright, assuming nothing else is changed. The correlation between historical values of Curtiss Wright's Capex To Depreciation and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Curtiss Wright are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Capex To Depreciation i.e., Curtiss Wright's Capex To Depreciation and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Interest Coverage
Most indicators from Curtiss Wright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curtiss Wright 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 Curtiss Wright. 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 information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.At this time, Curtiss Wright's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 27.91 in 2024, whereas Discontinued Operations is likely to drop (1.9 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 40.2M | 47.0M | 51.4M | 54.0M | Depreciation And Amortization | 114.4M | 112.0M | 116.2M | 59.6M |
Curtiss Wright fundamental ratios Correlations
Click cells to compare fundamentals
Curtiss Wright Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Curtiss Wright fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.0B | 4.1B | 4.4B | 4.6B | 4.9B | |
Short Long Term Debt Total | 905.8M | 1.2B | 1.2B | 1.4B | 1.2B | 1.2B | |
Other Current Liab | 219.8M | 255.7M | 237.7M | 259.9M | 228.2M | 131.5M | |
Total Current Liabilities | 744.7M | 810.4M | 734.9M | 971.4M | 806.5M | 846.9M | |
Total Stockholder Equity | 1.8B | 1.8B | 1.8B | 2.0B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 551.1M | 529.1M | 503.6M | 496.6M | 474.2M | 309.7M | |
Net Debt | 514.7M | 993.1M | 1.0B | 1.1B | 762.1M | 800.2M | |
Retained Earnings | 2.5B | 2.7B | 2.9B | 3.2B | 3.5B | 3.7B | |
Accounts Payable | 222M | 201.2M | 211.6M | 266.5M | 243.8M | 256.0M | |
Cash | 391.0M | 198.2M | 171.0M | 257.0M | 406.9M | 427.2M | |
Non Current Assets Total | 2.2B | 2.7B | 2.8B | 2.9B | 2.9B | 3.0B | |
Non Currrent Assets Other | 36.8M | 126.6M | 291.0M | 270.2M | 313.2M | 328.9M | |
Cash And Short Term Investments | 391.0M | 198.2M | 171.0M | 257.0M | 406.9M | 427.2M | |
Net Receivables | 632.2M | 588.7M | 647.1M | 724.6M | 732.7M | 769.3M | |
Common Stock Shares Outstanding | 43.0M | 42.0M | 40.6M | 38.6M | 38.5M | 47.2M | |
Liabilities And Stockholders Equity | 3.8B | 4.0B | 4.1B | 4.4B | 4.6B | 4.9B | |
Non Current Liabilities Total | 1.2B | 1.4B | 1.5B | 1.5B | 1.5B | 1.6B | |
Inventory | 424.8M | 428.9M | 411.6M | 483.1M | 510.0M | 535.5M | |
Other Current Assets | 81.7M | 57.4M | 67.1M | 52.6M | 67.5M | 38.2M | |
Other Stockholder Equity | (446.7M) | (621.1M) | (941.1M) | (972.5M) | (995.3M) | (945.5M) | |
Total Liab | 2.0B | 2.2B | 2.3B | 2.5B | 2.3B | 2.4B | |
Property Plant And Equipment Gross | 551.1M | 529.1M | 503.6M | 496.6M | 1.3B | 1.4B | |
Total Current Assets | 1.5B | 1.3B | 1.3B | 1.5B | 1.7B | 1.8B | |
Accumulated Other Comprehensive Income | (325.3M) | (310.9M) | (190.5M) | (258.9M) | (213.2M) | (202.6M) | |
Short Term Debt | 26.8M | 100M | 25.4M | 202.5M | 30.6M | 31.0M | |
Intangible Assets | 479.9M | 609.6M | 538.1M | 620.9M | 557.6M | 359.9M | |
Other Liab | 328.4M | 332.0M | 355.4M | 293.9M | 338.0M | 241.2M | |
Other Assets | 36.8M | 277.5M | 291.0M | 270.2M | 310.7M | 326.3M | |
Long Term Debt | 760.6M | 958.3M | 1.1B | 1.1B | 1.0B | 674.5M | |
Good Will | 1.2B | 1.5B | 1.5B | 1.5B | 1.6B | 889.3M | |
Treasury Stock | (562.7M) | (743.6M) | (1.1B) | (1.1B) | (996.4M) | (946.6M) | |
Property Plant Equipment | 385.6M | 378.2M | 503.6M | 342.7M | 394.1M | 385.8M | |
Current Deferred Revenue | 276.1M | 253.4M | 260.2M | 242.5M | 303.9M | 182.3M | |
Net Tangible Assets | 127.8M | (277.2M) | (174.6M) | (173.4M) | (156.1M) | (148.3M) | |
Retained Earnings Total Equity | 2.5B | 2.7B | 2.9B | 3.2B | 3.7B | 2.1B | |
Long Term Debt Total | 760.6M | 958.3M | 1.1B | 1.1B | 1.2B | 914.5M | |
Capital Surpluse | 116.1M | 122.5M | 127.1M | 134.6M | 121.1M | 107.5M | |
Deferred Long Term Liab | 80.2M | 115.0M | 147.3M | 123.0M | 141.5M | 82.9M |
Pair Trading with Curtiss Wright
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 Curtiss Wright 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 Curtiss Wright will appreciate offsetting losses from the drop in the long position's value.Moving together with Curtiss Stock
0.88 | EH | Ehang Holdings | PairCorr |
0.93 | GD | General Dynamics Earnings Call This Week | PairCorr |
Moving against Curtiss Stock
0.87 | AZ | A2Z Smart Technologies | PairCorr |
0.81 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
0.8 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
0.57 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
0.53 | CVU | CPI Aerostructures | PairCorr |
The ability to find closely correlated positions to Curtiss Wright could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curtiss Wright 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 Curtiss Wright - 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 Curtiss Wright to buy it.
The correlation of Curtiss Wright 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 Curtiss Wright moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curtiss Wright 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 Curtiss Wright 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 Curtiss Wright. 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 information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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When running Curtiss Wright's price analysis, check to measure Curtiss Wright'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 Curtiss Wright is operating at the current time. Most of Curtiss Wright's value examination focuses on studying past and present price action to predict the probability of Curtiss Wright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curtiss Wright's price. Additionally, you may evaluate how the addition of Curtiss Wright to your portfolios can decrease your overall portfolio volatility.
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Is Curtiss Wright'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 Curtiss Wright. If investors know Curtiss 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 Curtiss Wright 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 0.099 | Dividend Share 0.79 | Earnings Share 9.2 | Revenue Per Share 74.325 | Quarterly Revenue Growth 0.037 |
The market value of Curtiss Wright is measured differently than its book value, which is the value of Curtiss that is recorded on the company's balance sheet. Investors also form their own opinion of Curtiss Wright's value that differs from its market value or its book value, called intrinsic value, which is Curtiss Wright'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 Curtiss Wright's market value can be influenced by many factors that don't directly affect Curtiss Wright'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 Curtiss Wright's value and its price as these two are different measures arrived at by different means. Investors typically determine if Curtiss Wright is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curtiss Wright'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.