Calix Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis
CALX Stock | USD 33.94 1.19 3.63% |
Calix financial indicator trend analysis is way more than just evaluating Calix Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calix Inc is a good investment. Please check the relationship between Calix Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calix Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calix Inc Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Calix's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.61. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Calix Inc, assuming nothing else is changed. The correlation between historical values of Calix's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Calix Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Calix's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Calix Inc balance sheet. This account contains Calix investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Calix Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Calix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calix Inc 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 Calix Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Calix's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 10.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 402K | 2.0M | 9.7M | 10.2M | Depreciation And Amortization | 13.3M | 14.3M | 23.1M | 19.5M |
Calix fundamental ratios Correlations
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Calix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Calix fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 316.8M | 427.4M | 742.0M | 884.8M | 941.9M | 989.0M | |
Short Long Term Debt Total | 44.3M | 12.9M | 12.4M | 12.4M | 11.6M | 16.9M | |
Other Current Liab | 57.5M | 65.7M | 68.0M | 86.5M | 112.1M | 117.7M | |
Total Current Liabilities | 115.5M | 101.0M | 128.1M | 165.4M | 187.6M | 113.9M | |
Total Stockholder Equity | 154.0M | 280.3M | 568.4M | 679.6M | 719.0M | 754.9M | |
Other Liab | 32.0M | 33.0M | 33.1M | 31.4M | 36.1M | 21.7M | |
Property Plant And Equipment Net | 37.4M | 32.1M | 34.0M | 35.1M | 38.7M | 24.0M | |
Current Deferred Revenue | 17.2M | 19.2M | 27.5M | 33.5M | 36.7M | 19.6M | |
Net Debt | (2.5M) | (67.9M) | (39.0M) | (66.7M) | (51.8M) | (54.4M) | |
Retained Earnings | (702.6M) | (669.1M) | (430.7M) | (389.7M) | (360.4M) | (378.4M) | |
Accounts Payable | 10.8M | 13.1M | 29.1M | 41.4M | 34.7M | 25.0M | |
Cash | 46.8M | 80.8M | 51.3M | 79.1M | 63.4M | 54.7M | |
Non Current Assets Total | 173.0M | 160.5M | 332.8M | 337.5M | 343.9M | 194.6M | |
Non Currrent Assets Other | 19.4M | 12.2M | 13.7M | 19.1M | 21.3M | 22.4M | |
Other Assets | 7.3M | 12.2M | 182.6M | 181.9M | 209.2M | 219.7M | |
Cash And Short Term Investments | 46.8M | 133.8M | 204.3M | 241.7M | 220.3M | 231.4M | |
Net Receivables | 46.5M | 69.4M | 85.2M | 93.8M | 126.0M | 64.7M | |
Common Stock Total Equity | 1.5M | 1.6M | 1.6M | 1.6M | 1.9M | 1.3M | |
Common Stock Shares Outstanding | 55.0M | 62.0M | 67.9M | 68.9M | 69.3M | 49.3M | |
Liabilities And Stockholders Equity | 316.8M | 427.4M | 742.0M | 884.8M | 941.9M | 989.0M | |
Non Current Liabilities Total | 47.3M | 46.0M | 45.5M | 39.8M | 35.2M | 60.5M | |
Inventory | 40.2M | 52.3M | 88.9M | 149.2M | 133.0M | 139.6M | |
Other Current Assets | 9.7M | 11.4M | 30.8M | 62.7M | 118.6M | 124.5M | |
Other Stockholder Equity | 855.9M | 948.1M | 997.9M | 1.1B | 1.1B | 791.2M | |
Total Liab | 162.8M | 147.0M | 173.6M | 205.3M | 222.9M | 143.4M | |
Property Plant And Equipment Gross | 37.4M | 32.1M | 21.8M | 25.8M | 90.1M | 94.6M | |
Total Current Assets | 143.8M | 266.9M | 409.2M | 547.4M | 598.0M | 627.9M | |
Accumulated Other Comprehensive Income | (854K) | (191K) | (320K) | (2.5M) | (659K) | (692.0K) | |
Common Stock | 1.5M | 1.6M | 1.6M | 1.6M | 1.6M | 1.3M | |
Property Plant Equipment | 21.5M | 20.4M | 34.0M | 25.8M | 29.7M | 20.3M | |
Net Tangible Assets | 37.9M | 164.2M | 452.3M | 679.6M | 781.5M | 820.6M | |
Retained Earnings Total Equity | (702.6M) | (669.1M) | (430.7M) | (389.7M) | (350.7M) | (368.3M) | |
Capital Surpluse | 895.9M | 948.1M | 997.9M | 1.1B | 1.2B | 967.4M | |
Deferred Long Term Liab | 20.6M | 17.5M | 6.1M | 1.3M | 1.2M | 1.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Calix Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Calix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Calix Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Calix Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calix Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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Is Calix'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 Calix. If investors know Calix 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 Calix 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 (0.99) | Earnings Share 0.29 | Revenue Per Share 15.438 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0093 |
The market value of Calix Inc is measured differently than its book value, which is the value of Calix that is recorded on the company's balance sheet. Investors also form their own opinion of Calix's value that differs from its market value or its book value, called intrinsic value, which is Calix'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 Calix's market value can be influenced by many factors that don't directly affect Calix'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 Calix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calix'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.