Comtech Long Term Debt to Equity Trend from 2010 to 2023

CMTL Stock  USD 16.59  0.40  2.47%   
Comtech Telecommunicatio Long Term Debt to Equity yearly trend continues to be relatively stable with very little volatility. Long Term Debt to Equity may rise above 0.34 this year. During the period from 2010 to 2023, Comtech Telecommunicatio Long Term Debt to Equity yarly data series regression line had median of 0.37 and sample variance of  0.012081. Comtech Telecommunicatio Direct Expenses is relatively stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 276.98 Million. Interest Expense is expected to hike to about 8.5 M this year, although the value of Cost of Revenue will most likely fall to nearly 389.6 M.
  
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 389.6 M or Gross Profit of 240.4 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 Comtech Telecommunicatio's financial leverage analysis and stock options assessment as well as various Comtech Telecommunicatio Technical models . Continue to the analysis of Comtech Telecommunicatio Correlation against competitors.

Comtech Long Term Debt to Equity Breakdown

Showing smoothed Long Term Debt to Equity of Comtech Telecommunications Corp with missing and latest data points interpolated. Comtech Telecommunicatio's Long Term Debt to Equity 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.
Long Term Debt to Equity10 Years Trend
Down
Slightly volatile
   Long Term Debt to Equity   
       Timeline  

Comtech Long Term Debt to Equity Regression Statistics

Arithmetic Mean0.38
Geometric Mean0.36
Coefficient Of Variation29.02
Mean Deviation0.1
Median0.37
Standard Deviation0.11
Sample Variance0.012081
Range0.29
R-Value(0.58)
Mean Square Error0.008723
R-Squared0.33
Significance0.030557
Slope(0.015175)
Total Sum of Squares0.16

Comtech Long Term Debt to Equity History

2010 0.29
2011 0.47
2012 0.52
2016 0.37
2018 0.31
2019 0.27
2020 0.4
2021 0.23
2022 0.26
2023 0.34

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 Long Term Debt to Equity, 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 2023
Long Term Debt to Equity 0.26  0.34 
Average Equity550.8 M556.2 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 risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 together with Comtech Telecommunicatio

Moving against Comtech Telecommunicatio

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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.
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Continue to the analysis of Comtech Telecommunicatio Correlation against competitors. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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
Market Capitalization
449.7 M
Quarterly Revenue Growth
0.123
Return On Assets
(0.0027) 
Return On Equity
(0.07) 
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 Comtech Telecommunicatio value 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.