Commercial Other Current Assets from 2010 to 2024

CVGI Stock  USD 5.43  0.14  2.65%   
Commercial Vehicle's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 17.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2002-12-31
Previous Quarter
27.9 M
Current Value
36.8 M
Quarterly Volatility
7.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Commercial Vehicle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commercial Vehicle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.5 M, Interest Expense of 17.1 M or Selling General Administrative of 62 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 1.41. Commercial financial statements analysis is a perfect complement when working with Commercial Vehicle Valuation or Volatility modules.
  
Check out the analysis of Commercial Vehicle Correlation against competitors.

Latest Commercial Vehicle's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Commercial Vehicle Group over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Commercial Vehicle's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Commercial Vehicle's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Commercial Other Current Assets Regression Statistics

Arithmetic Mean13,762,303
Geometric Mean12,583,207
Coefficient Of Variation43.78
Mean Deviation4,943,923
Median12,582,000
Standard Deviation6,025,550
Sample Variance36.3T
Range21.5M
R-Value0.79
Mean Square Error14.6T
R-Squared0.63
Significance0.0004
Slope1,065,607
Total Sum of Squares508.3T

Commercial Other Current Assets History

202417.6 M
202327.9 M
202212.6 M
202120.2 M
202017.7 M
201918.5 M
201816.8 M

About Commercial Vehicle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Commercial Vehicle income statement, its balance sheet, and the statement of cash flows. Commercial Vehicle investors use historical funamental indicators, such as Commercial Vehicle's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Commercial Vehicle investors may use each financial statement separately, they are all related. The changes in Commercial Vehicle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Commercial Vehicle'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 Commercial Vehicle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Commercial Vehicle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets27.9 M17.6 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Commercial Stock

When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle'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 Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out the analysis of Commercial Vehicle Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Construction Machinery & Heavy Transportation Equipment space 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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
(0.66)
Earnings Share
1.29
Revenue Per Share
29.077
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0536
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.