Comtech Invested Capital Average from 2010 to 2023
CMTL Stock  USD 12.15 0.67 5.84% 
Comtech  Invested Capital Average 
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 277 M, Cost of Revenue of 353.4 M or Gross Profit of 219.2 M, as well as many exotic indicators such as Interest Coverage of 2.39, Long Term Debt to Equity of 0.34 or Calculated Tax Rate of 29.59. Comtech financial statements analysis is a perfect complement when working with Comtech Telecommunicatio Valuation or Volatility modules. It can also supplement various Comtech Telecommunicatio Technical models . Check out the analysis of Comtech Telecommunicatio Correlation against competitors.
Comtech Invested Capital Average Breakdown
Showing smoothed Invested Capital Average of Comtech Telecommunications Corp with missing and latest data points interpolated. Average invested capital value for the period used in the calculation of [ROIC]; and derived from [InvCap]. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.Comtech Telecommunicatio's Invested Capital Average historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comtech Telecommunicatio's overall financial position and show how it may be relating to other accounts over time.
Invested Capital Average  10 Years Trend 

Invested Capital Average 
Timeline 
Comtech Invested Capital Average Regression Statistics
Arithmetic Mean  288,466,058  
Geometric Mean  269,422,455  
Coefficient Of Variation  30.78  
Mean Deviation  64,614,041  
Median  313,822,500  
Standard Deviation  88,799,141  
Range  300,168,250  
RValue  0.55  
RSquared  0.31  
Significance  0.039947  
Slope  11,753,637 
Comtech Invested Capital Average History
2023  353.6 M  
2022  371.5 M  
2021  323.1 M  
2020  398.1 M  
2019  338.7 M  
2018  313.8 M  
2017  287.5 M  
2016  329.3 M  
2015  253.3 M  
2014  107.2 M  
2013  98 M 
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 Invested Capital Average, 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 Reported  Projected for 2023  
Invested Capital  399.4 M  359.3 M  
Invested Capital Average  371.5 M  353.6 M  
Market Capitalization  354.5 M  473.7 M  
Working Capital  62.9 M  64.5 M  
Average Assets  1.1 B  1.1 B  
Average Equity  541.9 M  552.1 M 
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Our tools can tell you how much better you can do entering a position in Comtech Telecommunicatio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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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
The ability to find closely correlated positions to Comtech Telecommunicatio could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough 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 riskadjusted return on your portfolios.Check out the analysis of Comtech Telecommunicatio Correlation against competitors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio'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 Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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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.
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.