CompX Income Statement Research

CIX Stock

USD 31.72 0.45 1.44%

Most accounts from CompX International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CompX International current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out CompX International Valuation and CompX International Correlation analysis.

For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.

At this time, CompX International's Depreciation And Amortization is fairly stable compared to the past year. Income Before Tax is likely to rise to about 31.1 M in 2024, whereas Interest Expense is likely to drop slightly above 1.7 M in 2024.

For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.At this time, CompX International's Depreciation And Amortization is fairly stable compared to the past year. Income Before Tax is likely to rise to about 31.1 M in 2024, whereas Interest Expense is likely to drop slightly above 1.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	42.7M	48.8M	49.2M	32.8M
Total Revenue	140.8M	166.6M	161.3M	121.0M

Gross Profit Total Revenue

CompX International income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		-0.1	0.33	0.1	-0.27	0.2	-0.32	-0.2	-0.02	0.24	-0.17	-0.1	-0.29	0.2	-0.16	-0.19	-0.23	0.0	-0.39	0.09	-0.07	-0.07	0.3	0.02
Interest Expense	-0.1		0.42	0.34	0.31	0.38	-0.03	-0.05	-0.07	0.34	0.56	0.21	0.75	0.08	-0.19	0.49	0.29	0.73	0.02	-0.23	0.6	0.6	0.16	-0.76
Selling General Administrative	0.33	0.42		0.67	0.37	0.78	0.04	0.11	0.17	0.75	0.73	0.04	0.13	-0.02	-0.22	0.56	0.29	0.45	-0.02	0.26	0.43	0.43	0.23	-0.47
Total Revenue	0.1	0.34	0.67		0.89	0.98	0.71	0.75	0.78	0.98	0.63	0.7	0.28	0.1	0.45	0.85	-0.05	0.64	-0.23	0.58	0.57	0.57	0.53	-0.63
Gross Profit	-0.27	0.31	0.37	0.89		0.8	0.91	0.9	0.87	0.8	0.54	0.79	0.35	0.17	0.63	0.87	-0.08	0.59	-0.1	0.59	0.57	0.57	0.35	-0.57
Other Operating Expenses	0.2	0.38	0.78	0.98	0.8		0.56	0.61	0.65	0.99	0.7	0.6	0.29	0.09	0.28	0.84	0.07	0.67	-0.27	0.55	0.58	0.58	0.57	-0.66
Operating Income	-0.32	-0.03	0.04	0.71	0.91	0.56		0.99	0.95	0.58	0.19	0.78	0.08	0.12	0.83	0.64	-0.33	0.31	-0.07	0.59	0.31	0.31	0.22	-0.26
Ebit	-0.2	-0.05	0.11	0.75	0.9	0.61	0.99		0.98	0.64	0.16	0.76	0.01	0.12	0.85	0.61	-0.4	0.29	-0.07	0.61	0.29	0.29	0.22	-0.24
Ebitda	-0.02	-0.07	0.17	0.78	0.87	0.65	0.95	0.98		0.7	0.14	0.76	-0.05	0.16	0.84	0.59	-0.45	0.29	-0.14	0.64	0.28	0.28	0.28	-0.24
Cost Of Revenue	0.24	0.34	0.75	0.98	0.8	0.99	0.58	0.64	0.7		0.62	0.62	0.23	0.07	0.35	0.8	-0.03	0.63	-0.27	0.55	0.54	0.54	0.57	-0.61
Total Operating Expenses	-0.17	0.56	0.73	0.63	0.54	0.7	0.19	0.16	0.14	0.62		0.29	0.55	0.19	-0.28	0.82	0.71	0.7	-0.14	0.37	0.68	0.68	0.4	-0.73
Income Before Tax	-0.1	0.21	0.04	0.7	0.79	0.6	0.78	0.76	0.76	0.62	0.29		0.49	0.07	0.67	0.74	-0.11	0.67	-0.59	0.57	0.61	0.61	0.6	-0.59
Total Other Income Expense Net	-0.29	0.75	0.13	0.28	0.35	0.29	0.08	0.01	-0.05	0.23	0.55	0.49		0.06	-0.06	0.59	0.44	0.8	-0.37	0.0	0.8	0.8	0.38	-0.77
Net Income	0.2	0.08	-0.02	0.1	0.17	0.09	0.12	0.12	0.16	0.07	0.19	0.07	0.06		-0.13	0.18	0.14	0.18	-0.05	0.34	0.26	0.26	0.15	-0.21
Income Tax Expense	-0.16	-0.19	-0.22	0.45	0.63	0.28	0.83	0.85	0.84	0.35	-0.28	0.67	-0.06	-0.13		0.24	-0.72	0.03	-0.09	0.37	0.04	0.04	0.09	0.0
Net Income From Continuing Ops	-0.19	0.49	0.56	0.85	0.87	0.84	0.64	0.61	0.59	0.8	0.82	0.74	0.59	0.18	0.24		0.34	0.83	-0.31	0.57	0.82	0.82	0.48	-0.78
Non Recurring	-0.23	0.29	0.29	-0.05	-0.08	0.07	-0.33	-0.4	-0.45	-0.03	0.71	-0.11	0.44	0.14	-0.72	0.34		0.36	-0.18	0.1	0.37	0.37	0.22	-0.38
Non Operating Income Net Other	0.0	0.73	0.45	0.64	0.59	0.67	0.31	0.29	0.29	0.63	0.7	0.67	0.8	0.18	0.03	0.83	0.36		-0.47	0.22	0.86	0.86	0.55	-0.93
Discontinued Operations	-0.39	0.02	-0.02	-0.23	-0.1	-0.27	-0.07	-0.07	-0.14	-0.27	-0.14	-0.59	-0.37	-0.05	-0.09	-0.31	-0.18	-0.47		-0.44	-0.47	-0.47	-0.75	0.39
Tax Provision	0.09	-0.23	0.26	0.58	0.59	0.55	0.59	0.61	0.64	0.55	0.37	0.57	0.0	0.34	0.37	0.57	0.1	0.22	-0.44		0.38	0.38	0.43	-0.27
Net Interest Income	-0.07	0.6	0.43	0.57	0.57	0.58	0.31	0.29	0.28	0.54	0.68	0.61	0.8	0.26	0.04	0.82	0.37	0.86	-0.47	0.38		1.0	0.38	-0.78
Interest Income	-0.07	0.6	0.43	0.57	0.57	0.58	0.31	0.29	0.28	0.54	0.68	0.61	0.8	0.26	0.04	0.82	0.37	0.86	-0.47	0.38	1.0		0.38	-0.78
Reconciled Depreciation	0.3	0.16	0.23	0.53	0.35	0.57	0.22	0.22	0.28	0.57	0.4	0.6	0.38	0.15	0.09	0.48	0.22	0.55	-0.75	0.43	0.38	0.38		-0.51
Extraordinary Items	0.02	-0.76	-0.47	-0.63	-0.57	-0.66	-0.26	-0.24	-0.24	-0.61	-0.73	-0.59	-0.77	-0.21	0.0	-0.78	-0.38	-0.93	0.39	-0.27	-0.78	-0.78	-0.51

Click cells to compare fundamentals

CompX International Account Relationship Matchups

CompX International income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	6.9M	5.5M	5.0M	1.9M	2.2M	1.7M
Total Revenue	124.2M	114.5M	140.8M	166.6M	161.3M	121.0M
Gross Profit	39M	32.8M	42.7M	48.8M	49.2M	32.8M
Operating Income	14.0M	8.0M	20.5M	25.4M	25.4M	13.0M
Ebit	14.0M	8.0M	20.5M	25.4M	25.4M	13.4M
Ebitda	17.7M	11.8M	24.3M	29.4M	29.4M	19.2M
Cost Of Revenue	85.2M	81.7M	98.1M	117.8M	112.1M	88.1M
Income Before Tax	20.9M	13.5M	21.7M	27.3M	29.6M	31.1M
Net Income	16M	10.3M	16.6M	20.9M	22.6M	12.3M
Tax Provision	4.9M	3.2M	5.1M	6.3M	7.0M	5.6M
Net Interest Income	3.3M	1.7M	1.2M	1.9M	4.2M	2.4M
Interest Income	3.3M	1.7M	1.2M	1.9M	4.2M	2.4M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CompX International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CompX International's short interest history, or implied volatility extrapolated from CompX International options trading.

Pair Trading with CompX International

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 CompX International 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 CompX International will appreciate offsetting losses from the drop in the long position's value.

Moving together with CompX Stock

0.85	NL	NL Industries	Pair Corr
0.69	WM	Waste Management Earnings Call This Week	Pair Corr
0.79	VSEC	VSE Corporation Financial Report 6th of May 2024	Pair Corr

Moving against CompX Stock

0.74	CLVT	CLARIVATE PLC Financial Report 14th of May 2024	Pair Corr
0.71	AMBI	Ambipar Emergency Report 10th of May 2024	Pair Corr
0.7	ACCO	Acco Brands Financial Report 2nd of May 2024	Pair Corr
0.69	HDSN	Hudson Technologies Financial Report 1st of May 2024	Pair Corr
0.67	LNZA	LanzaTech Global Financial Report 20th of May 2024	Pair Corr

The ability to find closely correlated positions to CompX International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CompX International 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 CompX International - 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 CompX International to buy it.

The correlation of CompX International 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 CompX International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CompX International 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 CompX International 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 Correlation Correlation Matching

When determining whether CompX International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CompX International'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 Compx International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compx International Stock:

How To Invest In CompX

Details

Is CompX Stock a good investment?

Details

What is CompX International's Net Worth?

Details

Largest Commercial Services & Supplies Companies

View

Largest Commercial & Professional Services Companies

View

Check out CompX International Valuation and CompX International Correlation analysis.

For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for CompX Stock analysis

When running CompX International's price analysis, check to measure CompX International'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 CompX International is operating at the current time. Most of CompX International's value examination focuses on studying past and present price action to predict the probability of CompX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompX International's price. Additionally, you may evaluate how the addition of CompX International to your portfolios can decrease your overall portfolio volatility.

	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	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
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals

Is CompX International'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 CompX International. If investors know CompX 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 CompX International 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

0.395

Dividend Share

Earnings Share

1.84

Revenue Per Share

13.101

Quarterly Revenue Growth

0.08

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

CompX Income Statement Research

CompX International income statement Correlations

CompX International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CompX International income statement Accounts

Pair Trading with CompX International

Moving together with CompX Stock

Moving against CompX Stock

Complementary Tools for CompX Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Interest Income	+ 1.0	Net Interest Income
Cost Of Revenue	+ 0.99	Other Operating Expenses
Ebit	+ 0.99	Operating Income
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Total Revenue
Ebitda	+ 0.98	Ebit

Extraordinary Items	- 0.93	Non Operating Income Net Other
Extraordinary Items	- 0.78	Interest Income
Extraordinary Items	- 0.78	Net Interest Income
Extraordinary Items	- 0.78	Net Income From Continuing Ops
Extraordinary Items	- 0.77	Total Other Income Expense Net
Extraordinary Items	- 0.76	Interest Expense