CSW Interest Coverage from 2010 to 2024
| CSWI Stock | USD 239.46 5.11 2.18% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 12.12 | Current Value 11.51 | Quarterly Volatility 69.55424219 |
Check CSW Industrials financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CSW main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.9 M, Interest Expense of 15.9 M or Selling General Administrative of 216.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.0102 or PTB Ratio of 2.46. CSW financial statements analysis is a perfect complement when working with CSW Industrials Valuation or Volatility modules.
CSW | Interest Coverage |
Latest CSW Industrials' Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of CSW Industrials over the last few years. It is CSW Industrials' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CSW Industrials' overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
|
Interest Coverage |
| Timeline |
CSW Interest Coverage Regression Statistics
| Arithmetic Mean | 49.00 | |
| Geometric Mean | 29.65 | |
| Coefficient Of Variation | 141.94 | |
| Mean Deviation | 37.58 | |
| Median | 24.96 | |
| Standard Deviation | 69.55 | |
| Sample Variance | 4,838 | |
| Range | 281 | |
| R-Value | (0.45) | |
| Mean Square Error | 4,153 | |
| R-Squared | 0.20 | |
| Significance | 0.09 | |
| Slope | (7.00) | |
| Total Sum of Squares | 67,729 |
CSW Interest Coverage History
About CSW Industrials Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CSW Industrials income statement, its balance sheet, and the statement of cash flows. CSW Industrials investors use historical funamental indicators, such as CSW Industrials's Interest Coverage, to determine how well the company is positioned to perform in the future. Although CSW Industrials investors may use each financial statement separately, they are all related. The changes in CSW Industrials's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CSW Industrials'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 CSW Industrials Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CSW Industrials. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 12.12 | 11.51 |
Pair Trading with CSW Industrials
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 CSW Industrials 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 CSW Industrials will appreciate offsetting losses from the drop in the long position's value.Moving together with CSW Stock
| 0.79 | B | Barnes Group Earnings Call Tomorrow | PairCorr |
| 0.74 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.85 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against CSW Stock
| 0.79 | ATS | ATS Corporation | PairCorr |
| 0.64 | RR | Richtech Robotics Class | PairCorr |
| 0.44 | BW | Babcock Wilcox Enter Buyout Trend | PairCorr |
The ability to find closely correlated positions to CSW Industrials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSW Industrials 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 CSW Industrials - 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 CSW Industrials to buy it.
The correlation of CSW Industrials is a statistical measure of how it moves in relation to other instruments. 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 CSW Industrials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSW Industrials 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 CSW Industrials 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.Check out the analysis of CSW Industrials Correlation against competitors. For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for CSW Stock analysis
When running CSW Industrials' price analysis, check to measure CSW Industrials' 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 CSW Industrials is operating at the current time. Most of CSW Industrials' value examination focuses on studying past and present price action to predict the probability of CSW Industrials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSW Industrials' price. Additionally, you may evaluate how the addition of CSW Industrials to your portfolios can decrease your overall portfolio volatility.
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Is CSW Industrials' 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 CSW Industrials. If investors know CSW 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 CSW Industrials 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 (0.41) | Dividend Share 0.74 | Earnings Share 6.24 | Revenue Per Share 50.102 | Quarterly Revenue Growth 0.023 |
The market value of CSW Industrials is measured differently than its book value, which is the value of CSW that is recorded on the company's balance sheet. Investors also form their own opinion of CSW Industrials' value that differs from its market value or its book value, called intrinsic value, which is CSW Industrials' 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 CSW Industrials' market value can be influenced by many factors that don't directly affect CSW Industrials' 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 CSW Industrials' value and its price as these two are different measures arrived at by different means. Investors typically determine if CSW Industrials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSW Industrials' 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.