Comtech Financial Statements From 2010 to 2023

CMTL Stock  USD 12.34  0.19  1.56%   
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.
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 2023.
Comtech Telecommunicatio Revenue Per Employee is quite stable at the moment as compared to the past year. The company's current value of Revenue Per Employee is estimated at 338,053. Average Equity is expected to rise to about 552.1 M this year, although the value of Average Assets will most likely fall to about 1.1 B.
  
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 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 Revenues

572.6 Million

Comtech Telecommunicatio Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities18.1 M21.1 M12.5 M
Slightly volatile
Tax Assets9.9 M10 M11 M
Slightly volatile
Accumulated Retained Earnings Deficit294.8 M250.8 M371.7 M
Slightly volatile
Trade and Non Trade Receivables138.4 M142.3 M110.3 M
Slightly volatile
Property Plant and Equipment Net124.2 M115.1 M50.3 M
Slightly volatile
Trade and Non Trade Payables43.3 M51.3 M30.3 M
Slightly volatile
Liabilities Non Current221.8 M240.4 M177.1 M
Slightly volatile
Current Liabilities205.4 M222.5 M156.3 M
Slightly volatile
Total Liabilities427.2 M462.9 M333.4 M
Slightly volatile
Inventory100.5 M110.8 M77.6 M
Slightly volatile
Goodwill and Intangible Assets607.3 M684.2 M440.2 M
Slightly volatile
Shareholders Equity USD552.9 M536.6 M475.6 M
Slightly volatile
Shareholders Equity Attributable to Parent552.9 M536.6 M475.6 M
Slightly volatile
Deposit Liabilities32 M37.9 M26.7 M
Slightly volatile
Deferred Revenue67.4 M74.3 M44.8 M
Slightly volatile
Total Debt USD171.1 M164.8 M204 M
Slightly volatile
Debt Non Current162.9 M157 M198.3 M
Slightly volatile
Debt CurrentM7.8 M51.7 M
Slightly volatile
Total Debt171.1 M164.8 M204 M
Slightly volatile
Cash and Equivalents USD20 M19.5 M124 M
Slightly volatile
Cash and Equivalents20 M19.5 M124 M
Slightly volatile
Assets Non Current704.1 M817.6 M494.7 M
Slightly volatile
Current Assets259.9 M237 M324.6 M
Slightly volatile
Total AssetsB1.1 B830.1 M
Slightly volatile
Accounts Payable45.3 M51.3 M34.5 M
Pretty Stable
Receivables104.4 M111.3 M111.4 M
Slightly volatile
Inventories76.4 M86.7 M74.2 M
Slightly volatile

Comtech Telecommunicatio Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense(3.7 M)(3.6 M)3.9 M
Slightly volatile
Weighted Average Shares Diluted29.3 M30.5 M24.1 M
Slightly volatile
Weighted Average Shares28.4 M30.5 M22.4 M
Slightly volatile
Selling General and Administrative Expense126.2 M132.1 M101.6 M
Slightly volatile
Research and Development Expense58.4 M60.4 M47.4 M
Slightly volatile
Revenues USD572.6 M559.2 M488.9 M
Slightly volatile
Revenues572.6 M559.2 M488.9 M
Slightly volatile
Preferred Dividends Income Statement Impact9.1 M9.2 M10.1 M
Slightly volatile
Operating Income(31.2 M)(30.4 M)12.8 M
Slightly volatile
Operating Expenses229.6 M245.6 M179.6 M
Slightly volatile
Net Income Common Stock USD(40 M)(38.9 M)378.6 K
Slightly volatile
Net Income Common Stock(40 M)(38.9 M)378.6 K
Slightly volatile
Net Income(30.5 M)(29.7 M)2.4 M
Slightly volatile
Interest Expense5.5 M4.5 M7.1 M
Pretty Stable
Gross Profit219.2 M206.8 M193.3 M
Slightly volatile
Earning Before Interest and Taxes USD(29.6 M)(28.8 M)13.4 M
Slightly volatile
Earning Before Interest and Taxes EBIT(29.6 M)(28.8 M)13.4 M
Slightly volatile
Cost of Revenue353.4 M352.4 M295.6 M
Slightly volatile
Consolidated Income(30.5 M)(29.7 M)2.4 M
Slightly volatile
Direct Expenses277 M275.8 M303.7 M
Pretty Stable

Comtech Telecommunicatio Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation18.8 M17.4 M8.6 M
Slightly volatile
Net Cash Flow from Operations1.8 M1.8 M29.9 M
Slightly volatile
Net Cash Flow from Financing10.4 M9.7 M(49.6 M)
Slightly volatile
Issuance Repayment of Debt Securities (84 M)(81.8 M)(16.6 M)
Pretty Stable
Issuance Purchase of Equity Shares910.7 K844.1 K(29.9 M)
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals687.4 K637.1 K(128.7 M)
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(11.4 M)(10.6 M)(53.6 M)
Slightly volatile
Depreciation Amortization and Accretion12.1 M11.9 M10.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share14.3512.8818.0167
Slightly volatile
Sales per Share24.0621.122.3311
Pretty Stable
Return on Sales(0.0609)(0.0594)0.0361
Slightly volatile
Return on Invested Capital(0.0914)(0.0891)0.0867
Slightly volatile
Return on Average Equity(0.085)(0.0828)0.0017
Slightly volatile
Return on Average Assets(0.0406)(0.0396)0.0056
Slightly volatile
Price to Sales Ratio0.760.571.0413
Slightly volatile
Price to Earnings Ratio(6.59)(6.42)13.1703
Pretty Stable
Price to Book Value0.760.591.0143
Slightly volatile
Payout Ratio(0.23)(0.22)0.2546
Pretty Stable
Profit Margin(0.0822)(0.0801)0.0063
Slightly volatile
Gross Margin0.340.330.3959
Slightly volatile
Free Cash Flow per Share(0.62)(0.6)1.0447
Slightly volatile
Enterprise Value over EBITDA(19.48)(18.98)5.7571
Slightly volatile
Enterprise Value over EBIT(17.37)(16.1)(74.0335)
Very volatile
Earnings per Basic Share USD(1.51)(1.47)0.1875
Slightly volatile
Earnings per Diluted Share(1.51)(1.47)0.1353
Slightly volatile
Earnings per Basic Share(1.51)(1.47)0.1875
Slightly volatile
EBITDA Margin(0.0416)(0.0405)0.0574
Slightly volatile
Dividends per Basic Common Share0.510.360.739
Slightly volatile
Dividend Yield0.03070.03060.0345
Slightly volatile
Debt to Equity Ratio0.910.990.7049
Slightly volatile
Current Ratio1.741.222.7001
Slightly volatile
Book Value per Share17.7515.8421.492
Slightly volatile
Asset Turnover0.650.570.6033
Slightly volatile
Total Assets Per Share42.540.5437.1094
Pretty Stable
Cash Flow Per Share0.08530.08311.6037
Slightly volatile
Return on Investment(5.67)(5.53)2.4817
Slightly volatile
Operating Margin(8.19)(7.98)3.3181
Slightly volatile
Calculated Tax Rate29.5928.2926.1126
Pretty Stable
Receivables Turnover5.033.974.9327
Slightly volatile
Inventory Turnover3.433.124.0428
Very volatile
PPandE Turnover17.3313.0617.4881
Pretty Stable
Cash and Equivalents Turnover17.9816.679.2898
Slightly volatile
Accounts Payable Turnover13.0410.8317.0237
Pretty Stable
Accrued Expenses Turnover10.388.0410.0643
Slightly volatile
Interest Coverage2.392.3337.3527
Pretty Stable
Long Term Debt to Equity0.340.260.3787
Slightly volatile
Quick Ratio0.840.821.8976
Slightly volatile
Net Current Assets as percentage of Total Assets8.478.2525.1914
Slightly volatile
Revenue to Assets0.660.570.6204
Very volatile

Comtech Telecommunicatio Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital64.5 M62.9 M172.5 M
Slightly volatile
Tangible Asset Value334.2 M341.4 M375.4 M
Slightly volatile
Market Capitalization473.7 M354.5 M483.8 M
Very volatile
Invested Capital Average353.6 M371.5 M288.5 M
Slightly volatile
Invested Capital359.3 M399.4 M277.5 M
Slightly volatile
Free Cash Flow(16.3 M)(15.9 M)20.2 M
Slightly volatile
Enterprise Value600.5 M526.9 M542.2 M
Slightly volatile
Average Equity552.1 M541.9 M474.7 M
Slightly volatile
Earnings before Tax(34.2 M)(33.4 M)6.3 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(20.1 M)(19.6 M)23.4 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(20.1 M)(19.6 M)23.4 M
Slightly volatile
Average Assets1.1 B1.1 B832.2 M
Slightly volatile
Revenue Per Employee338.1 K280.6 K315 K
Slightly volatile
Net Income Per Employee(19.6 K)(19.1 K)5.5 K
Slightly volatile

Comtech Fundamental Market Drivers

Forward Price Earnings30.3951
Cash And Short Term Investments21.7 M

Comtech Upcoming Events

8th of June 2023
Upcoming Quarterly Report
View
5th of October 2023
Next Financial Report
View
30th of April 2023
Next Fiscal Quarter End
View
5th of October 2023
Next Fiscal Year End
View
31st of January 2023
Last Quarter Report
View
31st of July 2022
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 2023
Deferred Revenue74.3 M67.4 M
Cost of Revenue352.4 M353.4 M
Revenues559.2 M572.6 M
Revenue to Assets 0.57  0.66 
Revenue Per Employee280.6 K338.1 K

Comtech Telecommunicatio Investors Sentiment

The influence of Comtech Telecommunicatio's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comtech. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Comtech Telecommunicatio's public news can be used to forecast risks associated with an investment in Comtech. The trend in average sentiment can be used to explain how an investor holding Comtech can time the market purely based on public headlines and social activities around Comtech Telecommunications Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Comtech Telecommunicatio's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Comtech Telecommunicatio's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Comtech Telecommunicatio's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Comtech Telecommunicatio.
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 Comtech Telecommunicatio 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, Comtech Telecommunicatio's short interest history, or implied volatility extrapolated from Comtech Telecommunicatio options trading.

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
Check out the analysis of Comtech Telecommunicatio Correlation against competitors. You can also try the CEO Directory module to screen CEOs from public companies around the world.

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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
Dividend Share
0.4
Earnings Share
(1.03) 
Revenue Per Share
18.877
Quarterly Revenue Growth
0.111
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.