Concrete Good Will vs Deferred Long Term Liab Analysis

BBCP Stock

USD 6.68 0.07 1.06%

Concrete Pumping financial indicator trend analysis is way more than just evaluating Concrete Pumping Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concrete Pumping Holdings is a good investment. Please check the relationship between Concrete Pumping Good Will and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concrete Pumping Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Good Will vs Deferred Long Term Liab

Good Will vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concrete Pumping Holdings Good Will account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Concrete Pumping's Good Will and Deferred Long Term Liab is 0.74. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Concrete Pumping Holdings, assuming nothing else is changed. The correlation between historical values of Concrete Pumping's Good Will and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Concrete Pumping Holdings are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Good Will i.e., Concrete Pumping's Good Will and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from Concrete Pumping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Concrete Pumping Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concrete Pumping Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Concrete Pumping's Tax Provision is relatively stable compared to the past year. As of 05/03/2024, Sales General And Administrative To Revenue is likely to grow to 0.33, while Selling General Administrative is likely to drop slightly above 86.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	25.2M	25.9M	28.1M	28.6M
Depreciation And Amortization	55.9M	57.5M	58.7M	47.0M

Interest Expense Depreciation And Amortization

Concrete Pumping fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets
Total Assets		-0.7	0.89	1.0	0.95	-0.63	0.95	1.0	-0.88	0.74	0.78	1.0	0.96	0.96	0.95	0.78	0.85	0.98	0.97	0.98	0.92	0.99	1.0	0.8	0.9	0.93
Other Current Liab	-0.7		-0.41	-0.72	-0.68	0.63	-0.75	-0.71	0.69	-0.7	-0.44	-0.73	-0.56	-0.71	-0.57	-0.44	-0.5	-0.77	-0.8	-0.82	-0.87	-0.73	-0.73	-0.65	-0.34	-0.73
Total Current Liabilities	0.89	-0.41		0.87	0.78	-0.44	0.83	0.89	-0.67	0.57	0.68	0.88	0.88	0.8	0.88	0.68	0.79	0.83	0.81	0.8	0.74	0.85	0.88	0.62	0.91	0.78
Total Stockholder Equity	1.0	-0.72	0.87		0.94	-0.68	0.93	0.99	-0.88	0.74	0.76	1.0	0.96	0.95	0.94	0.76	0.83	0.99	0.97	0.98	0.92	0.99	0.99	0.77	0.88	0.95
Other Liab	0.95	-0.68	0.78	0.94		-0.5	0.95	0.94	-0.87	0.71	0.81	0.94	0.91	0.99	0.87	0.81	0.89	0.9	0.89	0.95	0.91	0.94	0.95	0.94	0.88	0.81
Net Tangible Assets	-0.63	0.63	-0.44	-0.68	-0.5		-0.43	-0.65	0.57	-0.38	-0.22	-0.66	-0.57	-0.53	-0.54	-0.22	-0.46	-0.76	-0.66	-0.64	-0.54	-0.67	-0.61	-0.3	-0.35	-0.85
Property Plant And Equipment Net	0.95	-0.75	0.83	0.93	0.95	-0.43		0.95	-0.84	0.78	0.78	0.95	0.88	0.96	0.88	0.78	0.83	0.9	0.93	0.96	0.97	0.94	0.97	0.89	0.84	0.79
Net Debt	1.0	-0.71	0.89	0.99	0.94	-0.65	0.95		-0.9	0.75	0.75	1.0	0.96	0.96	0.95	0.75	0.85	0.98	0.97	0.98	0.92	1.0	1.0	0.79	0.88	0.94
Retained Earnings	-0.88	0.69	-0.67	-0.88	-0.87	0.57	-0.84	-0.9		-0.75	-0.63	-0.88	-0.87	-0.88	-0.87	-0.63	-0.72	-0.87	-0.89	-0.9	-0.8	-0.92	-0.88	-0.75	-0.75	-0.84
Accounts Payable	0.74	-0.7	0.57	0.74	0.71	-0.38	0.78	0.75	-0.75		0.57	0.75	0.67	0.76	0.84	0.57	0.35	0.75	0.86	0.79	0.82	0.76	0.76	0.66	0.58	0.67
Cash	0.78	-0.44	0.68	0.76	0.81	-0.22	0.78	0.75	-0.63	0.57		0.77	0.86	0.78	0.75	1.0	0.73	0.72	0.71	0.75	0.75	0.75	0.78	0.71	0.81	0.63
Non Current Assets Total	1.0	-0.73	0.88	1.0	0.94	-0.66	0.95	1.0	-0.88	0.75	0.77		0.96	0.96	0.94	0.77	0.84	0.99	0.97	0.98	0.93	0.99	1.0	0.79	0.88	0.94
Non Currrent Assets Other	0.96	-0.56	0.88	0.96	0.91	-0.57	0.88	0.96	-0.87	0.67	0.86	0.96		0.91	0.94	0.86	0.85	0.94	0.9	0.92	0.83	0.96	0.95	0.73	0.92	0.9
Other Assets	0.96	-0.71	0.8	0.95	0.99	-0.53	0.96	0.96	-0.88	0.76	0.78	0.96	0.91		0.89	0.78	0.87	0.92	0.92	0.97	0.93	0.96	0.97	0.93	0.88	0.83
Long Term Debt	0.95	-0.57	0.88	0.94	0.87	-0.54	0.88	0.95	-0.87	0.84	0.75	0.94	0.94	0.89		0.75	0.69	0.92	0.95	0.9	0.85	0.95	0.94	0.7	0.9	0.88
Cash And Short Term Investments	0.78	-0.44	0.68	0.76	0.81	-0.22	0.78	0.75	-0.63	0.57	1.0	0.77	0.86	0.78	0.75		0.73	0.72	0.71	0.75	0.75	0.75	0.78	0.71	0.81	0.63
Net Receivables	0.85	-0.5	0.79	0.83	0.89	-0.46	0.83	0.85	-0.72	0.35	0.73	0.84	0.85	0.87	0.69	0.73		0.79	0.7	0.82	0.73	0.83	0.85	0.81	0.85	0.72
Good Will	0.98	-0.77	0.83	0.99	0.9	-0.76	0.9	0.98	-0.87	0.75	0.72	0.99	0.94	0.92	0.92	0.72	0.79		0.98	0.97	0.92	0.98	0.98	0.74	0.81	0.98
Common Stock Shares Outstanding	0.97	-0.8	0.81	0.97	0.89	-0.66	0.93	0.97	-0.89	0.86	0.71	0.97	0.9	0.92	0.95	0.71	0.7	0.98		0.98	0.95	0.97	0.97	0.75	0.78	0.93
Non Current Liabilities Total	0.98	-0.82	0.8	0.98	0.95	-0.64	0.96	0.98	-0.9	0.79	0.75	0.98	0.92	0.97	0.9	0.75	0.82	0.97	0.98		0.97	0.98	0.99	0.84	0.81	0.91
Inventory	0.92	-0.87	0.74	0.92	0.91	-0.54	0.97	0.92	-0.8	0.82	0.75	0.93	0.83	0.93	0.85	0.75	0.73	0.92	0.95	0.97		0.92	0.94	0.84	0.74	0.83
Other Stockholder Equity	0.99	-0.73	0.85	0.99	0.94	-0.67	0.94	1.0	-0.92	0.76	0.75	0.99	0.96	0.96	0.95	0.75	0.83	0.98	0.97	0.98	0.92		0.99	0.79	0.86	0.94
Total Liab	1.0	-0.73	0.88	0.99	0.95	-0.61	0.97	1.0	-0.88	0.76	0.78	1.0	0.95	0.97	0.94	0.78	0.85	0.98	0.97	0.99	0.94	0.99		0.82	0.88	0.92
Deferred Long Term Liab	0.8	-0.65	0.62	0.77	0.94	-0.3	0.89	0.79	-0.75	0.66	0.71	0.79	0.73	0.93	0.7	0.71	0.81	0.74	0.75	0.84	0.84	0.79	0.82		0.75	0.6
Total Current Assets	0.9	-0.34	0.91	0.88	0.88	-0.35	0.84	0.88	-0.75	0.58	0.81	0.88	0.92	0.88	0.9	0.81	0.85	0.81	0.78	0.81	0.74	0.86	0.88	0.75		0.73
Intangible Assets	0.93	-0.73	0.78	0.95	0.81	-0.85	0.79	0.94	-0.84	0.67	0.63	0.94	0.9	0.83	0.88	0.63	0.72	0.98	0.93	0.91	0.83	0.94	0.92	0.6	0.73

Click cells to compare fundamentals

Concrete Pumping Account Relationship Matchups

Concrete Pumping fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	871.4M	773.8M	792.7M	887.5M	904.5M	682.0M
Other Current Liab	654K	2.6M	3.1M	3.9M	4.0M	4.4M
Total Current Liabilities	92.1M	62.3M	48.2M	110.3M	84.0M	60.5M
Total Stockholder Equity	317.0M	267.1M	262.6M	279.3M	308.2M	199.0M
Other Liab	69.0M	68.0M	87.5M	81.3M	93.4M	69.0M
Net Tangible Assets	(174.6M)	(132.9M)	(120.7M)	(78.7M)	(70.8M)	(74.3M)
Property Plant And Equipment Net	307.4M	304.3M	337.8M	444.2M	452.5M	324.8M
Net Debt	398.5M	360.3M	361.2M	440.4M	400.3M	269.1M
Retained Earnings	(38.6M)	(99.8M)	(114.9M)	(86.2M)	(54.4M)	(57.2M)
Accounts Payable	7.4M	6.6M	10.7M	8.4M	8.9M	7.6M
Cash	7.5M	6.7M	9.3M	7.5M	15.9M	16.7M
Non Current Assets Total	808.6M	713.8M	725.0M	805.9M	810.3M	626.9M
Non Currrent Assets Other	2.8M	2.5M	4.0M	3.7M	16.0M	16.8M
Other Assets	2.8M	2.5M	4.0M	3.7M	4.3M	2.4M
Long Term Debt	360.9M	343.9M	369.1M	370.5M	371.9M	293.1M
Cash And Short Term Investments	7.5M	6.7M	9.3M	7.5M	15.9M	16.7M
Net Receivables	46.7M	45.9M	49.3M	63.4M	63.0M	45.3M
Good Will	276.1M	223.2M	224.7M	220.2M	221.5M	188.1M
Common Stock Shares Outstanding	58.3M	52.8M	53.4M	54.9M	54.2M	43.7M
Non Current Liabilities Total	462.2M	444.3M	481.9M	497.9M	512.3M	411.8M
Inventory	5.3M	4.6M	4.9M	5.5M	6.7M	4.9M
Other Stockholder Equity	331.2M	342.6M	348.8M	349.8M	343.2M	237.9M
Total Liab	554.3M	506.6M	530.1M	608.2M	596.3M	478.4M
Deferred Long Term Liab	997K	753K	1.9M	1.7M	2.0M	1.2M
Total Current Assets	62.8M	60.0M	67.6M	81.6M	94.3M	55.1M
Intangible Assets	222.3M	183.8M	158.5M	137.8M	120.2M	127.9M
Property Plant Equipment	307.4M	304.3M	337.8M	444.2M	510.8M	300.1M
Short Long Term Debt Total	405.9M	367.0M	370.5M	447.9M	416.2M	352.8M
Current Deferred Revenue	39.5M	30.4M	33.3M	41.8M	47.3M	49.6M
Liabilities And Stockholders Equity	871.4M	773.8M	792.7M	887.5M	904.5M	739.4M
Other Current Assets	3.4M	717K	2.5M	2.5M	5.7M	3.1M
Net Invested Capital	729.2M	640.7M	632.6M	701.9M	699.1M	580.0M
Accumulated Other Comprehensive Income	(599K)	(606K)	3.7M	(9.2M)	(5.5M)	(5.2M)
Net Working Capital	(29.3M)	(2.3M)	19.4M	(28.7M)	10.3M	10.8M
Short Term Debt	44.5M	22.7M	1.1M	56.2M	23.8M	24.2M
Property Plant And Equipment Gross	307.4M	304.3M	407.7M	444.2M	585.6M	412.7M
Short Long Term Debt	20.9M	22.6M	990K	52.1M	19.0M	21.3M

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

Pair Trading with Concrete Pumping

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

Moving against Concrete Stock

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0.52	EME	EMCOR Group	Pair Corr
0.49	DY	Dycom Industries Financial Report 22nd of May 2024	Pair Corr
0.44	GVA	Granite Construction Financial Report 7th of May 2024	Pair Corr

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

The correlation of Concrete Pumping 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 Concrete Pumping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concrete Pumping Holdings 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 Concrete Pumping 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 Concrete Pumping Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Concrete Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Concrete Pumping Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Concrete Pumping Holdings Stock:

How To Invest In Concrete

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Is Concrete Stock a good investment?

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What is Concrete Pumping's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concrete Pumping Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the Concrete Pumping Holdings information on this page should be used as a complementary analysis to other Concrete Pumping's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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

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Is Concrete Pumping'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 Concrete Pumping. If investors know Concrete 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 Concrete Pumping 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

0.139

Earnings Share

0.35

Revenue Per Share

8.39

Quarterly Revenue Growth

0.044

Return On Assets

0.0397

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

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Concrete Good Will vs Deferred Long Term Liab Analysis

Good Will vs Deferred Long Term Liab

Good Will vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Good Will

Deferred Long Term Liab

Concrete Pumping fundamental ratios Correlations

Concrete Pumping Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Concrete Pumping fundamental ratios Accounts

Pair Trading with Concrete Pumping

Moving against Concrete Stock

Complementary Tools for Concrete Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Net Debt

Other Stockholder Equity	- 0.92	Retained Earnings
Non Current Liabilities Total	- 0.9	Retained Earnings
Retained Earnings	- 0.9	Net Debt
Common Stock Shares Outstanding	- 0.89	Retained Earnings
Total Liab	- 0.88	Retained Earnings
Other Assets	- 0.88	Retained Earnings