Cts Corporation Stock Current Liabilities

CTS Stock

USD 45.49 1.72 3.93%

CTS Corporation fundamentals help investors to digest information that contributes to CTS's financial success or failures. It also enables traders to predict the movement of CTS Stock. The fundamental analysis module provides a way to measure CTS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CTS stock.

Short Long Term Debt Total Total Assets

Total Current Liabilities is likely to gain to about 101.3 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 93.2 M in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

CTS Corporation Company Current Liabilities Analysis

CTS's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current CTS Current Liabilities

94.62 M

Most of CTS's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CTS Corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CTS Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for CTS is extremely important. It helps to project a fair market value of CTS Stock properly, considering its historical fundamentals such as Current Liabilities. Since CTS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CTS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CTS's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	-0.27	0.96	0.79	0.71	0.82	-0.34	0.74	0.46	0.82	-0.53	-0.75	-0.36	0.72	0.03	0.36	0.59	0.01	0.66	0.56	0.4	0.06	-0.72	0.49	0.67	0.62	0.17
Total Stockholder Equity	0.95		-0.41	0.95	0.64	0.46	0.67	-0.49	0.76	0.25	0.74	-0.61	-0.8	-0.2	0.77	0.13	0.55	0.69	-0.25	0.73	0.61	0.49	0.07	-0.82	0.54	0.73	0.68	0.2
Net Debt	-0.27	-0.41		-0.34	-0.01	0.13	-0.24	0.02	-0.32	0.03	-0.52	0.73	0.49	0.41	-0.4	0.08	-0.53	-0.38	0.59	-0.4	-0.39	-0.46	0.01	0.25	-0.46	-0.33	-0.45	-0.39
Retained Earnings	0.96	0.95	-0.34		0.69	0.58	0.71	-0.33	0.67	0.38	0.84	-0.65	-0.71	-0.42	0.65	0.0	0.35	0.6	-0.13	0.61	0.46	0.54	0.06	-0.72	0.35	0.55	0.49	0.06
Net Receivables	0.79	0.64	-0.01	0.69		0.81	0.81	-0.16	0.55	0.86	0.71	-0.45	-0.49	-0.41	0.49	-0.03	0.2	0.38	0.11	0.37	0.42	0.02	0.08	-0.53	0.23	0.44	0.38	0.21
Total Liab	0.71	0.46	0.13	0.58	0.81		0.81	0.12	0.41	0.74	0.68	-0.14	-0.33	-0.56	0.32	-0.2	-0.21	0.14	0.59	0.25	0.23	0.04	0.01	-0.2	0.17	0.28	0.23	0.06
Total Current Assets	0.82	0.67	-0.24	0.71	0.81	0.81		0.1	0.4	0.7	0.7	-0.36	-0.39	-0.45	0.38	-0.08	0.25	0.14	0.26	0.46	0.36	0.08	0.21	-0.34	0.55	0.45	0.54	0.07
Short Term Debt	-0.34	-0.49	0.02	-0.33	-0.16	0.12	0.1		-0.65	0.25	-0.08	0.17	0.62	-0.42	-0.67	-0.29	-0.5	-0.66	0.38	-0.54	-0.57	-0.09	0.39	0.75	-0.26	-0.63	-0.5	-0.43
Intangible Assets	0.74	0.76	-0.32	0.67	0.55	0.41	0.4	-0.65		0.15	0.63	-0.45	-0.88	-0.14	0.98	-0.1	0.42	0.83	-0.16	0.81	0.9	0.2	-0.22	-0.79	0.52	0.88	0.76	0.69
Accounts Payable	0.46	0.25	0.03	0.38	0.86	0.74	0.7	0.25	0.15		0.57	-0.39	-0.11	-0.59	0.08	-0.14	-0.01	0.02	0.18	-0.01	0.07	-0.13	0.12	-0.1	0.0	0.06	0.04	0.07
Common Stock	0.82	0.74	-0.52	0.84	0.71	0.68	0.7	-0.08	0.63	0.57		-0.78	-0.68	-0.79	0.6	-0.21	0.18	0.57	-0.08	0.45	0.42	0.53	-0.08	-0.48	0.24	0.42	0.37	0.26
Long Term Debt	-0.53	-0.61	0.73	-0.65	-0.45	-0.14	-0.36	0.17	-0.45	-0.39	-0.78		0.59	0.6	-0.47	0.01	-0.48	-0.59	0.66	-0.32	-0.34	-0.55	0.04	0.5	-0.14	-0.31	-0.26	-0.28
Treasury Stock	-0.75	-0.8	0.49	-0.71	-0.49	-0.33	-0.39	0.62	-0.88	-0.11	-0.68	0.59		0.18	-0.91	-0.16	-0.47	-0.76	0.33	-0.64	-0.74	-0.49	0.08	0.82	-0.39	-0.78	-0.66	-0.55
Property Plant Equipment	-0.36	-0.2	0.41	-0.42	-0.41	-0.56	-0.45	-0.42	-0.14	-0.59	-0.79	0.6	0.18		-0.09	0.43	0.26	-0.13	-0.1	0.02	0.03	-0.39	0.13	-0.1	0.13	0.11	0.12	-0.04
Good Will	0.72	0.77	-0.4	0.65	0.49	0.32	0.38	-0.67	0.98	0.08	0.6	-0.47	-0.91	-0.09		0.01	0.54	0.81	-0.25	0.84	0.93	0.21	-0.15	-0.83	0.56	0.92	0.8	0.73
Current Deferred Revenue	0.03	0.13	0.08	0.0	-0.03	-0.2	-0.08	-0.29	-0.1	-0.14	-0.21	0.01	-0.16	0.43	0.01		0.33	-0.04	-0.32	-0.21	-0.09	0.1	0.16	-0.2	-0.03	0.07	0.0	-0.08
Net Tangible Assets	0.36	0.55	-0.53	0.35	0.2	-0.21	0.25	-0.5	0.42	-0.01	0.18	-0.48	-0.47	0.26	0.54	0.33		0.42	-0.68	0.63	0.61	-0.01	0.23	-0.69	0.63	0.67	0.71	0.47
Total Permanent Equity	0.59	0.69	-0.38	0.6	0.38	0.14	0.14	-0.66	0.83	0.02	0.57	-0.59	-0.76	-0.13	0.81	-0.04	0.42		-0.43	0.61	0.65	0.43	-0.3	-0.73	0.29	0.62	0.5	0.48
Long Term Debt Total	0.01	-0.25	0.59	-0.13	0.11	0.59	0.26	0.38	-0.16	0.18	-0.08	0.66	0.33	-0.1	-0.25	-0.32	-0.68	-0.43		-0.15	-0.22	-0.33	-0.03	0.41	-0.05	-0.19	-0.16	-0.24
Capital Surpluse	0.66	0.73	-0.4	0.61	0.37	0.25	0.46	-0.54	0.81	-0.01	0.45	-0.32	-0.64	0.02	0.84	-0.21	0.63	0.61	-0.15		0.88	-0.01	-0.03	-0.73	0.77	0.88	0.88	0.57
Deferred Long Term Liab	0.56	0.61	-0.39	0.46	0.42	0.23	0.36	-0.57	0.9	0.07	0.42	-0.34	-0.74	0.03	0.93	-0.09	0.61	0.65	-0.22	0.88		-0.08	-0.06	-0.72	0.68	0.94	0.88	0.83
Accumulated Depreciation	0.4	0.49	-0.46	0.54	0.02	0.04	0.08	-0.09	0.2	-0.13	0.53	-0.55	-0.49	-0.39	0.21	0.1	-0.01	0.43	-0.33	-0.01	-0.08		0.0	-0.27	-0.15	0.0	-0.06	-0.26
Short Long Term Debt	0.06	0.07	0.01	0.06	0.08	0.01	0.21	0.39	-0.22	0.12	-0.08	0.04	0.08	0.13	-0.15	0.16	0.23	-0.3	-0.03	-0.03	-0.06	0.0		-0.13	-0.03	-0.01	-0.02	-0.22
Long Term Investments	-0.72	-0.82	0.25	-0.72	-0.53	-0.2	-0.34	0.75	-0.79	-0.1	-0.48	0.5	0.82	-0.1	-0.83	-0.2	-0.69	-0.73	0.41	-0.73	-0.72	-0.27	-0.13		-0.36	-0.78	-0.64	-0.43
Cash And Equivalents	0.49	0.54	-0.46	0.35	0.23	0.17	0.55	-0.26	0.52	0.0	0.24	-0.14	-0.39	0.13	0.56	-0.03	0.63	0.29	-0.05	0.77	0.68	-0.15	-0.03	-0.36		0.75	0.92	0.45
Net Invested Capital	0.67	0.73	-0.33	0.55	0.44	0.28	0.45	-0.63	0.88	0.06	0.42	-0.31	-0.78	0.11	0.92	0.07	0.67	0.62	-0.19	0.88	0.94	0.0	-0.01	-0.78	0.75		0.93	0.7
Net Working Capital	0.62	0.68	-0.45	0.49	0.38	0.23	0.54	-0.5	0.76	0.04	0.37	-0.26	-0.66	0.12	0.8	0.0	0.71	0.5	-0.16	0.88	0.88	-0.06	-0.02	-0.64	0.92	0.93		0.63
Capital Stock	0.17	0.2	-0.39	0.06	0.21	0.06	0.07	-0.43	0.69	0.07	0.26	-0.28	-0.55	-0.04	0.73	-0.08	0.47	0.48	-0.24	0.57	0.83	-0.26	-0.22	-0.43	0.45	0.7	0.63

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CTS Current Liabilities Historical Pattern

Today, most investors in CTS Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CTS's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CTS current liabilities as a starting point in their analysis.

CTS Current Liabilities

Timeline

Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.

Competition

Predict CTS

Total Current Liabilities Over Time

CTS Total Current Liabilities

Total Current Liabilities

101.32 Million

At this time, CTS's Total Current Liabilities is comparatively stable compared to the past year.

In accordance with the recently published financial statements, CTS Corporation has a Current Liabilities of 94.62 M. This is 99.49% lower than that of the Electronic Equipment, Instruments & Components sector and 96.96% lower than that of the Information Technology industry. The current liabilities for all United States stocks is 98.8% higher than that of the company.

CTS Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CTS's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CTS could also be used in its relative valuation, which is a method of valuing CTS by comparing valuation metrics of similar companies.

CTS is currently under evaluation in current liabilities category among related companies.

CTS Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0688
	Profit Margin	0.11 %
	Operating Margin	0.14 %
	Current Valuation	1.28 B
	Shares Outstanding	30.69 M
	Shares Owned By Insiders	2.23 %
	Shares Owned By Institutions	97.77 %
	Number Of Shares Shorted	1.2 M
	Price To Earning	32.42 X
	Price To Book	2.68 X
	Price To Sales	2.56 X
	Revenue	550.42 M
	Gross Profit	214.73 M
	EBITDA	75.05 M
	Net Income	60.53 M
	Cash And Equivalents	156.91 M
	Cash Per Share	4.64 X
	Total Debt	96.86 M
	Debt To Equity	0.23 %
	Current Ratio	2.68 X
	Book Value Per Share	17.09 X
	Cash Flow From Operations	88.81 M
	Short Ratio	10.27 X
	Earnings Per Share	1.92 X
	Price To Earnings To Growth	2.05 X
	Target Price	45.0
	Number Of Employees	4.08 K
	Beta	0.62
	Market Capitalization	1.34 B
	Total Asset	741.17 M
	Retained Earnings	602.23 M
	Working Capital	222.31 M
	Current Asset	245.95 M
	Current Liabilities	94.62 M
	Annual Yield	0 %
	Five Year Return	0.54 %
	Net Asset	741.17 M
	Last Dividend Paid	0.16

About CTS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CTS Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CTS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CTS Corporation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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 CTS 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, CTS's short interest history, or implied volatility extrapolated from CTS options trading.

Pair Trading with CTS

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 CTS 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 CTS will appreciate offsetting losses from the drop in the long position's value.

Moving together with CTS Stock

0.63

BHE

Benchmark Electronics Earnings Call This Week

Pair Corr

Moving against CTS Stock

0.53	AAPL	Apple Inc Report 2nd of May 2024	Pair Corr
0.47	CSCO	Cisco Systems Fiscal Quarter End 30th of April 2024	Pair Corr
0.42	MEI	Methode Electronics Financial Report 27th of June 2024	Pair Corr

The ability to find closely correlated positions to CTS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTS 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 CTS - 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 CTS Corporation to buy it.

The correlation of CTS 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 CTS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTS Corporation 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 CTS 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 Correlation Correlation Matching

When determining whether CTS Corporation is a strong investment it is important to analyze CTS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports:

How To Invest In CTS

Details

Is CTS Stock a good investment?

Details

What is CTS's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

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Largest Technology Hardware & Equipment Companies

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Check out CTS Piotroski F Score and CTS Altman Z Score analysis.

You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for CTS Stock analysis

When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.

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Is CTS'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 CTS. If investors know CTS 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 CTS 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

0.044

Dividend Share

0.16

Earnings Share

1.92

Revenue Per Share

17.552

Quarterly Revenue Growth

(0.12)

The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS'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 CTS's market value can be influenced by many factors that don't directly affect CTS'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 CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Cts Corporation Stock Current Liabilities

CTS Corporation Company Current Liabilities Analysis

Current Liabilities

Payables

+

Accrued Debt

Current CTS Current Liabilities

CTS Current Liabilities Driver Correlations

CTS Current Liabilities Historical Pattern

CTS Total Current Liabilities

Total Current Liabilities

101.32 Million

CTS Current Liabilities Peer Comparison

CTS Fundamentals

About CTS Fundamental Analysis

Pair Trading with CTS

Moving together with CTS Stock

Moving against CTS Stock

Complementary Tools for CTS Stock analysis

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