Calix Net Receivables vs Non Currrent Assets Other Analysis

CALX Stock  USD 35.44  0.28  0.78%   
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 Net Receivables and its Non Currrent Assets Other 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calix Inc Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Calix's Net Receivables and Non Currrent Assets Other is 0.6. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other 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 Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Calix Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Calix's Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 closely tied 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 Expense402K2.0M9.7M10.2M
Depreciation And Amortization13.3M14.3M23.1M19.5M

Calix fundamental ratios Correlations

-0.670.90.620.920.570.620.23-0.480.60.460.470.80.820.980.950.720.420.530.570.92-0.210.980.890.55-0.04
-0.67-0.53-0.44-0.46-0.26-0.31-0.430.41-0.64-0.34-0.34-0.54-0.44-0.7-0.74-0.570.1-0.09-0.18-0.64-0.29-0.64-0.62-0.12-0.41
0.9-0.530.720.840.670.710.0-0.310.280.450.460.620.870.870.840.760.50.650.610.87-0.280.890.860.61-0.08
0.62-0.440.720.50.60.660.29-0.080.150.740.410.60.590.640.570.850.340.580.50.62-0.110.640.560.490.22
0.92-0.460.840.50.680.630.01-0.580.380.420.550.80.720.850.880.70.70.740.780.82-0.560.90.710.78-0.42
0.57-0.260.670.60.680.92-0.16-0.3-0.170.290.590.650.720.530.640.70.720.910.910.65-0.550.550.310.88-0.34
0.62-0.310.710.660.630.920.04-0.21-0.010.230.550.710.840.610.640.680.540.770.770.71-0.340.610.410.73-0.11
0.23-0.430.00.290.01-0.160.04-0.280.630.040.210.330.10.260.180.18-0.34-0.28-0.230.070.470.210.26-0.270.57
-0.480.41-0.31-0.08-0.58-0.3-0.21-0.28-0.29-0.1-0.82-0.41-0.22-0.33-0.55-0.23-0.42-0.34-0.45-0.280.39-0.48-0.26-0.460.37
0.6-0.640.280.150.38-0.17-0.010.63-0.290.140.00.520.290.640.540.21-0.25-0.25-0.160.470.40.570.66-0.190.42
0.46-0.340.450.740.420.290.230.04-0.10.140.260.420.150.470.440.640.290.420.40.47-0.220.520.350.410.03
0.47-0.340.460.410.550.590.550.21-0.820.00.260.460.450.350.550.430.480.560.610.35-0.410.50.220.62-0.27
0.8-0.540.620.60.80.650.710.33-0.410.520.420.460.660.80.770.760.490.610.690.75-0.310.780.550.65-0.1
0.82-0.440.870.590.720.720.840.1-0.220.290.150.450.660.810.780.60.340.550.540.83-0.120.80.750.510.04
0.98-0.70.870.640.850.530.610.26-0.330.640.470.350.80.810.930.710.290.450.490.94-0.080.940.880.460.1
0.95-0.740.840.570.880.640.640.18-0.550.540.440.550.770.780.930.660.370.530.610.94-0.190.940.790.57-0.03
0.72-0.570.760.850.70.70.680.18-0.230.210.640.430.760.60.710.660.560.720.70.65-0.330.70.590.68-0.04
0.420.10.50.340.70.720.54-0.34-0.42-0.250.290.480.490.340.290.370.560.920.890.34-0.940.410.190.92-0.81
0.53-0.090.650.580.740.910.77-0.28-0.34-0.250.420.560.610.550.450.530.720.920.970.54-0.810.530.260.98-0.6
0.57-0.180.610.50.780.910.77-0.23-0.45-0.160.40.610.690.540.490.610.70.890.970.58-0.810.570.230.99-0.62
0.92-0.640.870.620.820.650.710.07-0.280.470.470.350.750.830.940.940.650.340.540.58-0.140.910.790.540.04
-0.21-0.29-0.28-0.11-0.56-0.55-0.340.470.390.4-0.22-0.41-0.31-0.12-0.08-0.19-0.33-0.94-0.81-0.81-0.14-0.210.07-0.850.94
0.98-0.640.890.640.90.550.610.21-0.480.570.520.50.780.80.940.940.70.410.530.570.91-0.210.860.56-0.03
0.89-0.620.860.560.710.310.410.26-0.260.660.350.220.550.750.880.790.590.190.260.230.790.070.860.230.21
0.55-0.120.610.490.780.880.73-0.27-0.46-0.190.410.620.650.510.460.570.680.920.980.990.54-0.850.560.23-0.67
-0.04-0.41-0.080.22-0.42-0.34-0.110.570.370.420.03-0.27-0.10.040.1-0.03-0.04-0.81-0.6-0.620.040.94-0.030.21-0.67
Click cells to compare fundamentals

Calix Account Relationship Matchups

Calix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets316.8M427.4M742.0M884.8M941.9M989.0M
Short Long Term Debt Total44.3M12.9M12.4M12.4M11.6M16.9M
Other Current Liab57.5M65.7M68.0M86.5M112.1M117.7M
Total Current Liabilities115.5M101.0M128.1M165.4M187.6M113.9M
Total Stockholder Equity154.0M280.3M568.4M679.6M719.0M754.9M
Other Liab32.0M33.0M33.1M31.4M36.1M21.7M
Property Plant And Equipment Net37.4M32.1M34.0M35.1M38.7M24.0M
Current Deferred Revenue17.2M19.2M27.5M33.5M36.7M19.6M
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 Payable10.8M13.1M29.1M41.4M34.7M25.0M
Cash46.8M80.8M51.3M79.1M63.4M54.7M
Non Current Assets Total173.0M160.5M332.8M337.5M343.9M194.6M
Non Currrent Assets Other19.4M12.2M13.7M19.1M21.3M22.4M
Other Assets7.3M12.2M182.6M181.9M209.2M219.7M
Cash And Short Term Investments46.8M133.8M204.3M241.7M220.3M231.4M
Net Receivables46.5M69.4M85.2M93.8M126.0M64.7M
Common Stock Total Equity1.5M1.6M1.6M1.6M1.9M1.3M
Common Stock Shares Outstanding55.0M62.0M67.9M68.9M69.3M49.3M
Liabilities And Stockholders Equity316.8M427.4M742.0M884.8M941.9M989.0M
Non Current Liabilities Total47.3M46.0M45.5M39.8M35.2M60.5M
Inventory40.2M52.3M88.9M149.2M133.0M139.6M
Other Current Assets9.7M11.4M30.8M62.7M118.6M124.5M
Other Stockholder Equity855.9M948.1M997.9M1.1B1.1B791.2M
Total Liab162.8M147.0M173.6M205.3M222.9M143.4M
Property Plant And Equipment Gross37.4M32.1M21.8M25.8M90.1M94.6M
Total Current Assets143.8M266.9M409.2M547.4M598.0M627.9M
Accumulated Other Comprehensive Income(854K)(191K)(320K)(2.5M)(659K)(692.0K)
Common Stock1.5M1.6M1.6M1.6M1.6M1.3M
Property Plant Equipment21.5M20.4M34.0M25.8M29.7M20.3M
Net Tangible Assets37.9M164.2M452.3M679.6M781.5M820.6M
Retained Earnings Total Equity(702.6M)(669.1M)(430.7M)(389.7M)(350.7M)(368.3M)
Capital Surpluse895.9M948.1M997.9M1.1B1.2B967.4M
Deferred Long Term Liab20.6M17.5M6.1M1.3M1.2M1.1M

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