Curtiss Quick Ratio vs Operating Margin Analysis

CW Stock  USD 250.95  0.71  0.28%   
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 Quick Ratio and its Operating Profit Margin 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.

Quick Ratio vs Operating Profit Margin

Quick Ratio vs Operating Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Curtiss Wright Quick Ratio account and Operating Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Curtiss Wright's Quick Ratio and Operating Margin is 0.48. Overlapping area represents the amount of variation of Quick Ratio that can explain the historical movement of Operating Margin 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 Quick Ratio and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Quick Ratio of Curtiss Wright are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Quick Ratio i.e., Curtiss Wright's Quick Ratio and Operating Margin go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.

Operating Profit Margin

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 Expense40.2M47.0M51.4M54.0M
Depreciation And Amortization114.4M112.0M116.2M59.6M

Curtiss Wright fundamental ratios Correlations

0.950.730.940.980.670.790.890.940.470.980.690.470.95-0.090.960.96-0.63-0.710.980.730.910.270.830.780.79
0.950.770.930.870.690.880.810.870.420.940.640.420.87-0.10.960.91-0.65-0.660.980.570.840.460.840.750.76
0.730.770.780.620.850.670.550.720.330.720.270.330.69-0.150.780.72-0.56-0.40.80.160.680.310.870.810.81
0.940.930.780.90.670.780.870.950.450.930.610.450.9-0.190.870.91-0.64-0.720.950.570.850.510.850.760.77
0.980.870.620.90.550.710.930.930.470.960.750.470.92-0.160.890.93-0.52-0.760.920.820.890.180.770.690.7
0.670.690.850.670.550.670.380.620.170.660.130.170.720.050.760.7-0.59-0.180.750.170.620.260.820.840.84
0.790.880.670.780.710.670.680.7-0.070.870.66-0.070.77-0.210.830.74-0.45-0.620.840.420.540.480.870.560.56
0.890.810.550.870.930.380.680.870.40.910.860.40.79-0.430.760.78-0.32-0.940.820.760.740.260.720.510.51
0.940.870.720.950.930.620.70.870.480.920.590.480.94-0.140.860.94-0.63-0.70.920.610.880.290.810.780.78
0.470.420.330.450.470.17-0.070.40.480.310.091.00.360.190.420.48-0.52-0.20.440.390.730.040.090.510.51
0.980.940.720.930.960.660.870.910.920.310.760.310.92-0.210.930.92-0.53-0.770.960.70.820.310.880.710.71
0.690.640.270.610.750.130.660.860.590.090.760.090.58-0.540.570.53-0.05-0.910.60.740.450.240.540.20.2
0.470.420.330.450.470.17-0.070.40.481.00.310.090.360.190.420.48-0.52-0.20.440.390.730.040.090.510.51
0.950.870.690.90.920.720.770.790.940.360.920.580.360.020.920.97-0.71-0.590.940.680.880.220.80.840.84
-0.09-0.1-0.15-0.19-0.160.05-0.21-0.43-0.140.19-0.21-0.540.190.020.060.08-0.510.67-0.03-0.080.16-0.31-0.330.180.18
0.960.960.780.870.890.760.830.760.860.420.930.570.420.920.060.94-0.7-0.550.980.60.890.230.820.830.83
0.960.910.720.910.930.70.740.780.940.480.920.530.480.970.080.94-0.74-0.550.960.690.940.230.80.850.85
-0.63-0.65-0.56-0.64-0.52-0.59-0.45-0.32-0.63-0.52-0.53-0.05-0.52-0.71-0.51-0.7-0.740.06-0.7-0.3-0.75-0.27-0.41-0.84-0.84
-0.71-0.66-0.4-0.72-0.76-0.18-0.62-0.94-0.7-0.2-0.77-0.91-0.2-0.590.67-0.55-0.550.06-0.63-0.62-0.48-0.29-0.62-0.26-0.27
0.980.980.80.950.920.750.840.820.920.440.960.60.440.94-0.030.980.96-0.7-0.630.610.90.340.860.830.83
0.730.570.160.570.820.170.420.760.610.390.70.740.390.68-0.080.60.69-0.3-0.620.610.69-0.010.390.40.41
0.910.840.680.850.890.620.540.740.880.730.820.450.730.880.160.890.94-0.75-0.480.90.690.140.630.840.85
0.270.460.310.510.180.260.480.260.290.040.310.240.040.22-0.310.230.23-0.27-0.290.34-0.010.140.380.170.17
0.830.840.870.850.770.820.870.720.810.090.880.540.090.8-0.330.820.8-0.41-0.620.860.390.630.380.710.71
0.780.750.810.760.690.840.560.510.780.510.710.20.510.840.180.830.85-0.84-0.260.830.40.840.170.711.0
0.790.760.810.770.70.840.560.510.780.510.710.20.510.840.180.830.85-0.84-0.270.830.410.850.170.711.0
Click cells to compare fundamentals

Curtiss Wright Account Relationship Matchups

Curtiss Wright fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.0B4.1B4.4B4.6B4.9B
Short Long Term Debt Total905.8M1.2B1.2B1.4B1.2B1.2B
Other Current Liab219.8M255.7M237.7M259.9M228.2M131.5M
Total Current Liabilities744.7M810.4M734.9M971.4M806.5M846.9M
Total Stockholder Equity1.8B1.8B1.8B2.0B2.3B2.4B
Property Plant And Equipment Net551.1M529.1M503.6M496.6M474.2M309.7M
Net Debt514.7M993.1M1.0B1.1B762.1M800.2M
Retained Earnings2.5B2.7B2.9B3.2B3.5B3.7B
Accounts Payable222M201.2M211.6M266.5M243.8M256.0M
Cash391.0M198.2M171.0M257.0M406.9M427.2M
Non Current Assets Total2.2B2.7B2.8B2.9B2.9B3.0B
Non Currrent Assets Other36.8M126.6M291.0M270.2M313.2M328.9M
Cash And Short Term Investments391.0M198.2M171.0M257.0M406.9M427.2M
Net Receivables632.2M588.7M647.1M724.6M732.7M769.3M
Common Stock Shares Outstanding43.0M42.0M40.6M38.6M38.5M47.2M
Liabilities And Stockholders Equity3.8B4.0B4.1B4.4B4.6B4.9B
Non Current Liabilities Total1.2B1.4B1.5B1.5B1.5B1.6B
Inventory424.8M428.9M411.6M483.1M510.0M535.5M
Other Current Assets81.7M57.4M67.1M52.6M67.5M38.2M
Other Stockholder Equity(446.7M)(621.1M)(941.1M)(972.5M)(995.3M)(945.5M)
Total Liab2.0B2.2B2.3B2.5B2.3B2.4B
Property Plant And Equipment Gross551.1M529.1M503.6M496.6M1.3B1.4B
Total Current Assets1.5B1.3B1.3B1.5B1.7B1.8B
Accumulated Other Comprehensive Income(325.3M)(310.9M)(190.5M)(258.9M)(213.2M)(202.6M)
Short Term Debt26.8M100M25.4M202.5M30.6M31.0M
Intangible Assets479.9M609.6M538.1M620.9M557.6M359.9M
Other Liab328.4M332.0M355.4M293.9M338.0M241.2M
Other Assets36.8M277.5M291.0M270.2M310.7M326.3M
Long Term Debt760.6M958.3M1.1B1.1B1.0B674.5M
Good Will1.2B1.5B1.5B1.5B1.6B889.3M
Treasury Stock(562.7M)(743.6M)(1.1B)(1.1B)(996.4M)(946.6M)
Property Plant Equipment385.6M378.2M503.6M342.7M394.1M385.8M
Current Deferred Revenue276.1M253.4M260.2M242.5M303.9M182.3M
Net Tangible Assets127.8M(277.2M)(174.6M)(173.4M)(156.1M)(148.3M)
Retained Earnings Total Equity2.5B2.7B2.9B3.2B3.7B2.1B
Long Term Debt Total760.6M958.3M1.1B1.1B1.2B914.5M
Capital Surpluse116.1M122.5M127.1M134.6M121.1M107.5M
Deferred Long Term Liab80.2M115.0M147.3M123.0M141.5M82.9M

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

  0.85EH Ehang HoldingsPairCorr
  0.91GD General Dynamics Earnings Call TomorrowPairCorr

Moving against Curtiss Stock

  0.84AZ A2Z Smart TechnologiesPairCorr
  0.82BA Boeing Earnings Call TomorrowPairCorr
  0.81EVEX Eve Holding Financial Report 14th of May 2024 PairCorr
  0.65DPRO Draganfly Financial Report 14th of May 2024 PairCorr
  0.56CVU CPI AerostructuresPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Curtiss Wright is a strong investment it is important to analyze Curtiss Wright's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Curtiss Wright's future performance. For an informed investment choice regarding Curtiss Stock, refer to the following important reports:
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Curtiss Stock analysis

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.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
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
9.21
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.