Caesarstone Debt To Equity from 2010 to 2024
| CSTE Stock | USD 6.73 0.26 4.02% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.10111122 | Current Value 0.12 | Quarterly Volatility 0.13420764 |
Check Caesarstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caesarstone main balance sheet or income statement drivers, such as Depreciation And Amortization of 27 M, Interest Expense of 4.2 M or Selling General Administrative of 42.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0292 or PTB Ratio of 0.39. Caesarstone financial statements analysis is a perfect complement when working with Caesarstone Valuation or Volatility modules.
Caesarstone | Debt To Equity |
Latest Caesarstone's Debt To Equity Growth Pattern
Below is the plot of the Debt To Equity of Caesarstone over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Caesarstone's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Caesarstone's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.29 % | 10 Years Trend |
|
Debt To Equity |
| Timeline |
Caesarstone Debt To Equity Regression Statistics
| Arithmetic Mean | 0.16 | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | 83.05 | |
| Mean Deviation | 0.12 | |
| Median | 0.10 | |
| Standard Deviation | 0.13 | |
| Sample Variance | 0.02 | |
| Range | 0.3307 | |
| R-Value | 0.04 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0 | |
| Significance | 0.89 | |
| Slope | 0 | |
| Total Sum of Squares | 0.25 |
Caesarstone Debt To Equity History
About Caesarstone Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Caesarstone income statement, its balance sheet, and the statement of cash flows. Caesarstone investors use historical funamental indicators, such as Caesarstone's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Caesarstone investors may use each financial statement separately, they are all related. The changes in Caesarstone's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Caesarstone'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 Caesarstone Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Caesarstone. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.10 | 0.12 |
Pair Trading with Caesarstone
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 Caesarstone 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 Caesarstone will appreciate offsetting losses from the drop in the long position's value.Moving against Caesarstone Stock
| 0.8 | PPIH | Perma Pipe Internati Earnings Call Today | PairCorr |
| 0.63 | ROCK | Gibraltar Industries Earnings Call This Week | PairCorr |
| 0.57 | FBIN | Fortune Brands Innov Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Caesarstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesarstone 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 Caesarstone - 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 Caesarstone to buy it.
The correlation of Caesarstone 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 Caesarstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesarstone 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 Caesarstone 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 Caesarstone Correlation against competitors. For information on how to trade Caesarstone Stock refer to our How to Trade Caesarstone Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Caesarstone Stock analysis
When running Caesarstone's price analysis, check to measure Caesarstone'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 Caesarstone is operating at the current time. Most of Caesarstone's value examination focuses on studying past and present price action to predict the probability of Caesarstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesarstone's price. Additionally, you may evaluate how the addition of Caesarstone to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
Is Caesarstone'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 Caesarstone. If investors know Caesarstone 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 Caesarstone 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 5.869 | Earnings Share (3.13) | Revenue Per Share 16.374 | Quarterly Revenue Growth (0.19) | Return On Assets (0.04) |
The market value of Caesarstone is measured differently than its book value, which is the value of Caesarstone that is recorded on the company's balance sheet. Investors also form their own opinion of Caesarstone's value that differs from its market value or its book value, called intrinsic value, which is Caesarstone'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 Caesarstone's market value can be influenced by many factors that don't directly affect Caesarstone'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 Caesarstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesarstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesarstone'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.