Calix Other Assets vs Property Plant And Equipment Net 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 Other Assets and its Property Plant And Equipment Net 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.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calix Inc Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Calix's Other Assets and Property Plant And Equipment Net is 0.61. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net 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 Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Calix Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Calix's Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 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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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.