Comtech Financial Statements From 2010 to 2024

CMTL Stock  USD 6.60  0.16  2.37%   
Comtech Telecommunicatio financial statements provide useful quarterly and yearly information to potential Comtech Telecommunications Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Comtech Telecommunicatio financial statements helps investors assess Comtech Telecommunicatio's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Comtech Telecommunicatio's valuation are summarized below:
Gross Profit
184.5 M
Profit Margin
(0.03)
Market Capitalization
187.9 M
Enterprise Value Revenue
0.8933
Revenue
570.8 M
There are over one hundred eleven available fundamental signals for Comtech Telecommunications Corp, which can be analyzed over time and compared to other ratios. We recommend to validate Comtech Telecommunicatio's prevailing fundamental drivers against the all of the trends between 2010 and 2024. At this time, Comtech Telecommunicatio's Revenue Per Employee is quite stable as compared to the past year. Average Equity is expected to rise to about 534.3 M this year, although the value of Average Assets will most likely fall to about 1.1 B.

Comtech Telecommunicatio Revenues

617.77 Million

Check Comtech Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comtech main balance sheet or income statement drivers, such as Direct Expenses of 306.6 M, Cost of Revenue of 395.7 M or Gross Profit of 222 M, as well as many exotic indicators such as Interest Coverage of 2.39, Long Term Debt to Equity of 0.37 or Calculated Tax Rate of 29.59. Comtech financial statements analysis is a perfect complement when working with Comtech Telecommunicatio Valuation or Volatility modules.
  
This module can also supplement Comtech Telecommunicatio's financial leverage analysis and stock options assessment as well as various Comtech Telecommunicatio Technical models . Check out the analysis of Comtech Telecommunicatio Correlation against competitors.

Comtech Telecommunicatio Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities14.9 M13.5 M12.4 M
Slightly volatile
Tax Assets12.8 M12.7 M11.1 M
Slightly volatile
Accumulated Retained Earnings Deficit269.6 M215 M358.6 M
Slightly volatile
Trade and Non Trade Receivables167.9 M187.6 M118 M
Slightly volatile
Property Plant and Equipment Net120.9 M112.1 M52.7 M
Slightly volatile
Trade and Non Trade Payables79.7 M73.9 M36.2 M
Slightly volatile
Liabilities Non Current238.1 M268.8 M157.3 M
Slightly volatile
Current Liabilities223.4 M243.8 M187.5 M
Very volatile
Total Liabilities461.5 M512.6 M344.8 M
Slightly volatile
Inventory108 M121.7 M79.8 M
Slightly volatile
Goodwill and Intangible Assets615.2 M659.6 M447.2 M
Slightly volatile
Shareholders Equity USD536.3 M504 M466.5 M
Slightly volatile
Shareholders Equity Attributable to Parent536.3 M504 M466.5 M
Slightly volatile
Deposit Liabilities32.7 M37.9 M27.2 M
Slightly volatile
Deferred Revenue87.6 M97.5 M57.1 M
Slightly volatile
Total Debt USD186.8 M193.3 M207.6 M
Pretty Stable
Debt Non Current175.9 M181.6 M206.9 M
Slightly volatile
Debt Current12 M11.7 M49.6 M
Slightly volatile
Total Debt186.8 M193.3 M207.6 M
Pretty Stable
Cash and Equivalents USD17.5 M17.1 M115.1 M
Slightly volatile
Cash and Equivalents17.5 M17.1 M115.1 M
Slightly volatile
Assets Non Current717.5 M794.4 M505.7 M
Slightly volatile
Current Assets271.8 M274.9 M323 M
Slightly volatile
Total Assets1.1 B1.1 B839.7 M
Slightly volatile
Accounts Payable62.4 M57.8 M38.1 M
Slightly volatile
Receivables124.7 M146.8 M118.5 M
Slightly volatile
Inventories81.9 M95.3 M77.2 M
Slightly volatile

Comtech Telecommunicatio Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense(3.6 M)(3.6 M)3.1 M
Slightly volatile
Weighted Shares Diluted30.3 M32.2 M24.2 M
Slightly volatile
Weighted Shares29.7 M32.2 M22.6 M
Slightly volatile
Selling General and Administrative Expense131.1 M138 M100.4 M
Slightly volatile
Research and Development Expense56.6 M55.9 M46.8 M
Slightly volatile
Revenues USD617.8 M632.5 M486.8 M
Slightly volatile
Revenues617.8 M632.5 M486.8 M
Slightly volatile
Preferred Dividends Income Statement Impact6.9 M6.3 M9.5 M
Slightly volatile
Operating Income(13.5 M)(13.2 M)11.1 M
Slightly volatile
Operating Expenses224.4 M229 M175.9 M
Slightly volatile
Net Income Common Stock USD(31.3 M)(30.5 M)(2.7 M)
Slightly volatile
Net Income Common Stock(31.3 M)(30.5 M)(2.7 M)
Slightly volatile
Net Income(24.8 M)(24.2 M)(716.5 K)
Slightly volatile
Interest Expense13.6 M17.2 M8.9 M
Slightly volatile
Gross Profit222 M212.1 M187.5 M
Slightly volatile
Earning Before Interest and Taxes USD(14.7 M)(14.3 M)11.1 M
Slightly volatile
Earning Before Interest and Taxes EBIT(14.7 M)(14.3 M)11.1 M
Slightly volatile
Cost of Revenue395.7 M420.4 M299.3 M
Slightly volatile
Consolidated Income(24.8 M)(24.2 M)(716.5 K)
Slightly volatile
Direct Expenses306.6 M329 M313.4 M
Pretty Stable

Comtech Telecommunicatio Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation13.2 M16 M8.4 M
Slightly volatile
Net Cash Flow from Operations(4.1 M)(4 M)24.8 M
Slightly volatile
Net Cash Flow from Financing24.9 M23.1 M(17.2 M)
Slightly volatile
Issuance Repayment of Debt Securities 38.7 M35.9 M2.6 M
Pretty Stable
Issuance Purchase of Equity Shares554.7 K540.5 K(2.5 M)
Pretty Stable
Net Cash Flow Business Acquisitions and Disposals687.4 K637.1 K(120.1 M)
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(3.3 M)(3.1 M)(25.2 M)
Slightly volatile
Depreciation Amortization and Accretion13.2 M13.7 M10.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share14.2513.5818.2615
Slightly volatile
Sales per Share24.7622.5921.9769
Slightly volatile
Return on Sales(0.0268)(0.0261)0.0345
Slightly volatile
Return on Invested Capital(0.0369)(0.036)0.0822
Slightly volatile
Return on Equity(0.0702)(0.0684)(0.0048)
Slightly volatile
Return on Assets(0.0314)(0.0306)0.0021
Slightly volatile
Price to Sales Ratio0.680.471.0146
Slightly volatile
Price to Earnings Ratio(7.76)(7.56)12.7687
Slightly volatile
Price to Book Value0.740.580.9819
Slightly volatile
Payout Ratio(0.15)(0.15)0.2854
Slightly volatile
Profit Margin(0.0573)(0.0558)0.0024
Slightly volatile
Gross Margin0.320.30.3895
Slightly volatile
Free Cash Flow per Share(0.75)(0.73)0.8438
Slightly volatile
Enterprise Value over EBITDA(110)(107)(14.2501)
Slightly volatile
Enterprise Value over EBIT(37.22)(34.5)(73.3814)
Very volatile
Earnings per Basic Share USD(1.12)(1.09)0.0696
Slightly volatile
Earnings per Diluted Share(1.12)(1.09)0.0369
Slightly volatile
Earnings per Basic Share(1.12)(1.09)0.0696
Slightly volatile
EBITDA Margin(0.0065)(0.0063)0.0561
Slightly volatile
Dividends per Basic Common Share0.180.180.6693
Slightly volatile
Dividend Yield0.02330.0180.0324
Slightly volatile
Debt to Equity Ratio1.021.170.7465
Slightly volatile
Current Ratio1.591.32.0209
Slightly volatile
Book Value per Share16.6114.0921.2226
Slightly volatile
Asset Turnover0.690.640.5958
Slightly volatile
Total Assets Per Share42.6140.8337.0288
Pretty Stable
Cash Flow Per Share(0.18)(0.18)1.4507
Slightly volatile
Return on Investment(2.44)(2.38)2.6037
Slightly volatile
Operating Margin(3.15)(3.07)3.5827
Slightly volatile
Calculated Tax Rate29.5928.2926.0116
Pretty Stable
Receivables Turnover5.214.414.9007
Slightly volatile
Inventory Turnover3.473.254.0262
Very volatile
PPandE Turnover16.5812.2316.9263
Slightly volatile
Cash and Equivalents Turnover26.2924.3711.5434
Slightly volatile
Accounts Payable Turnover15.911.6216.8061
Slightly volatile
Accrued Expenses Turnover11.169.6910.1172
Slightly volatile
Interest Coverage2.392.3335.035
Pretty Stable
Long Term Debt to Equity0.370.330.3793
Slightly volatile
Quick Ratio0.970.951.8434
Slightly volatile
Net Current Assets as percentage of Total Assets11.0810.7924.4811
Slightly volatile
Revenue to Assets0.690.630.622
Very volatile

Comtech Telecommunicatio Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital102.2 M84.2 M142.6 M
Slightly volatile
Tangible Asset Value461.9 M486 M392.5 M
Very volatile
Market Capitalization335.1 M255 M448.4 M
Pretty Stable
Invested Capital Average402.8 M456.3 M295.8 M
Slightly volatile
Invested Capital401.1 M467.5 M265.9 M
Slightly volatile
Free Cash Flow(21 M)(20.5 M)14.7 M
Slightly volatile
Enterprise Value616.9 M543.2 M537 M
Slightly volatile
Average Equity534.3 M511.6 M460.6 M
Slightly volatile
Earnings before Tax(28.5 M)(27.8 M)2.4 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(3.7 M)(3.6 M)21.1 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(3.7 M)(3.6 M)21.1 M
Slightly volatile
Average Assets1.1 B1.1 B832.4 M
Slightly volatile
Revenue Per Employee383.8 K368.2 K324.3 K
Pretty Stable
Net Income Per Employee(18.5 K)(18 K)4.2 K
Slightly volatile

Comtech Fundamental Market Drivers

Forward Price Earnings8.3403
Cash And Short Term Investments19 M

Comtech Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
13th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
10th of October 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of July 2023
Last Financial Announcement
View

About Comtech Telecommunicatio Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Comtech Telecommunicatio income statement, its balance sheet, and the statement of cash flows. Comtech Telecommunicatio investors use historical funamental indicators, such as Comtech Telecommunicatio's revenue or net income, to determine how well the company is positioned to perform in the future. Although Comtech Telecommunicatio investors may use each financial statement separately, they are all related. The changes in Comtech Telecommunicatio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comtech Telecommunicatio's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Comtech Telecommunicatio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Comtech Telecommunicatio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Deferred Revenue97.5 M87.6 M
Cost of Revenue420.4 M395.7 M
Revenues632.5 M617.8 M
Revenue to Assets 0.63  0.69 
Revenue Per Employee368.2 K383.8 K

Pair Trading with Comtech Telecommunicatio

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 Comtech Telecommunicatio 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 Comtech Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.

Moving against Comtech Stock

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The ability to find closely correlated positions to Comtech Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comtech Telecommunicatio 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 Comtech Telecommunicatio - 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 Comtech Telecommunications Corp to buy it.
The correlation of Comtech Telecommunicatio is a statistical measure of how it moves in relation to other equities. 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 Comtech Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comtech Telecommunicatio 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 Comtech Telecommunicatio 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 Comtech Telecommunicatio is a strong investment it is important to analyze Comtech Telecommunicatio'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 Comtech Telecommunicatio's future performance. For an informed investment choice regarding Comtech Stock, refer to the following important reports:
Check out the analysis of Comtech Telecommunicatio Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is Comtech Telecommunicatio'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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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
5.87
Earnings Share
(0.86)
Revenue Per Share
20.218
Quarterly Revenue Growth
0.158
Return On Assets
0.0065
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.