CalAmp Property Plant And Equipment Gross vs Total Current 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 Property Plant And Equipment Gross and its Total Current 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.

Property Plant And Equipment Gross vs Total Current Assets

Property Plant And Equipment Gross vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CalAmp Corp Property Plant And Equipment Gross account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CalAmp Corp's Property Plant And Equipment Gross and Total Current Assets is 0.5. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current 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 Property Plant And Equipment Gross and Total Current 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 Property Plant And Equipment Gross of CalAmp Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., CalAmp Corp's Property Plant And Equipment Gross and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for CalAmp Stock analysis

When running CalAmp Corp's price analysis, check to measure CalAmp Corp'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 CalAmp Corp is operating at the current time. Most of CalAmp Corp's value examination focuses on studying past and present price action to predict the probability of CalAmp Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CalAmp Corp's price. Additionally, you may evaluate how the addition of CalAmp Corp to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
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.