CalAmp Net Receivables vs Other Assets Analysis

CAMP Stock  USD 3.77  0.14  3.86%   
CalAmp Corp financial indicator trend analysis is way more than just evaluating CalAmp Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CalAmp Corp is a good investment. Please check the relationship between CalAmp Corp Net Receivables and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CalAmp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in CalAmp Stock, please use our How to Invest in CalAmp Corp guide.

Net Receivables vs Other Assets

Net Receivables vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CalAmp Corp Net Receivables account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CalAmp Corp's Net Receivables and Other Assets is 0.46. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Assets in the same time period over historical financial statements of CalAmp Corp, assuming nothing else is changed. The correlation between historical values of CalAmp Corp's Net Receivables and Other Assets 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 CalAmp Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Receivables i.e., CalAmp Corp's Net Receivables and Other Assets go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Assets

Most indicators from CalAmp Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CalAmp Corp 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 CalAmp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in CalAmp Stock, please use our How to Invest in CalAmp Corp guide.At this time, CalAmp Corp's Tax Provision is relatively stable compared to the past year. As of 05/20/2024, Enterprise Value Over EBITDA is likely to grow to 535.90, while Sales General And Administrative To Revenue is likely to drop 0.1.
 2021 2022 2023 2024 (projected)
Total Operating Expenses134.8M129.1M75.7M52.4M
Cost Of Revenue174.0M185.9M119.3M107.4M

CalAmp Corp fundamental ratios Correlations

0.920.690.890.40.710.62-0.10.810.940.690.790.930.520.930.910.780.450.940.710.950.530.710.430.430.51
0.920.710.910.040.820.83-0.290.670.930.870.630.880.331.00.750.910.260.990.820.810.490.720.240.250.28
0.690.710.86-0.010.730.78-0.550.230.840.760.210.740.450.720.610.780.460.770.730.470.260.670.420.420.25
0.890.910.860.070.90.84-0.410.50.970.860.460.910.450.90.840.90.370.940.90.720.590.690.390.390.29
0.40.04-0.010.07-0.22-0.410.50.610.17-0.320.660.290.60.080.5-0.180.580.08-0.220.570.090.20.510.510.76
0.710.820.730.9-0.220.86-0.480.310.850.870.250.680.160.780.630.880.130.831.00.50.690.410.120.12-0.02
0.620.830.780.84-0.410.86-0.60.140.810.930.090.720.180.80.480.880.090.830.860.370.390.630.120.12-0.08
-0.1-0.29-0.55-0.410.5-0.48-0.60.27-0.31-0.680.33-0.23-0.33-0.280.06-0.61-0.41-0.32-0.480.10.16-0.4-0.44-0.44-0.08
0.810.670.230.50.610.310.140.270.570.30.990.60.340.70.690.440.340.660.310.940.360.450.270.270.59
0.940.930.840.970.170.850.81-0.310.570.80.540.930.470.920.860.850.390.950.850.770.580.690.380.390.34
0.690.870.760.86-0.320.870.93-0.680.30.80.250.730.290.860.480.980.260.870.870.50.320.70.270.270.09
0.790.630.210.460.660.250.090.330.990.540.250.60.360.660.690.390.350.630.250.940.330.450.270.280.61
0.930.880.740.910.290.680.72-0.230.60.930.730.60.620.890.870.780.470.910.680.830.410.850.520.520.46
0.520.330.450.450.60.160.18-0.330.340.470.290.360.620.360.510.350.940.390.160.51-0.080.720.960.960.86
0.931.00.720.90.080.780.8-0.280.70.920.860.660.890.360.740.90.30.990.780.830.430.760.270.270.31
0.910.750.610.840.50.630.480.060.690.860.480.690.870.510.740.570.380.780.630.850.690.560.440.440.49
0.780.910.780.9-0.180.880.88-0.610.440.850.980.390.780.350.90.570.330.920.880.620.350.720.320.320.2
0.450.260.460.370.580.130.09-0.410.340.390.260.350.470.940.30.380.330.320.130.45-0.160.60.940.940.87
0.940.990.770.940.080.830.83-0.320.660.950.870.630.910.390.990.780.920.320.830.820.480.760.30.310.31
0.710.820.730.9-0.221.00.86-0.480.310.850.870.250.680.160.780.630.880.130.830.50.690.410.120.12-0.02
0.950.810.470.720.570.50.370.10.940.770.50.940.830.510.830.850.620.450.820.50.420.660.420.420.61
0.530.490.260.590.090.690.390.160.360.580.320.330.41-0.080.430.690.35-0.160.480.690.42-0.07-0.13-0.12-0.07
0.710.720.670.690.20.410.63-0.40.450.690.70.450.850.720.760.560.720.60.760.410.66-0.070.620.620.54
0.430.240.420.390.510.120.12-0.440.270.380.270.270.520.960.270.440.320.940.30.120.42-0.130.621.00.86
0.430.250.420.390.510.120.12-0.440.270.390.270.280.520.960.270.440.320.940.310.120.42-0.120.621.00.86
0.510.280.250.290.76-0.02-0.08-0.080.590.340.090.610.460.860.310.490.20.870.31-0.020.61-0.070.540.860.86
Click cells to compare fundamentals

CalAmp Corp Account Relationship Matchups

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When determining whether CalAmp Corp 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 CalAmp 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 Calamp Corp Stock. Highlighted below are key reports to facilitate an investment decision about Calamp Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CalAmp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in CalAmp Stock, please use our How to Invest in CalAmp Corp guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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Is CalAmp Corp'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 CalAmp Corp. If investors know CalAmp 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 CalAmp Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(63.02)
Revenue Per Share
165.106
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.03)
Return On Equity
(1.30)
The market value of CalAmp Corp is measured differently than its book value, which is the value of CalAmp that is recorded on the company's balance sheet. Investors also form their own opinion of CalAmp Corp's value that differs from its market value or its book value, called intrinsic value, which is CalAmp Corp'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 CalAmp Corp's market value can be influenced by many factors that don't directly affect CalAmp Corp'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 CalAmp Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CalAmp Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CalAmp Corp'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.