Ciena Capital Expenditures vs Net Income Analysis

CIEN Stock

USD 45.75 2.81 5.79%

Ciena Corp financial indicator trend analysis is way more than just evaluating Ciena Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ciena Corp is a good investment. Please check the relationship between Ciena Corp Capital Expenditures and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ciena Corp Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ciena Corp's Capital Expenditures and Net Income is 0.46. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Ciena Corp, assuming nothing else is changed. The correlation between historical values of Ciena Corp's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Ciena Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Ciena Corp's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Ciena Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ciena Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ciena Corp financial statement analysis. It represents the amount of money remaining after all of Ciena Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Ciena Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ciena 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 Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.At this time, Ciena Corp's Selling General Administrative is very stable compared to the past year. As of the 10th of June 2024, Tax Provision is likely to grow to about 83.1 M, while Issuance Of Capital Stock is likely to drop about 30.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	47.1M	88.0M	79.2M	141.8M
Depreciation And Amortization	181.4M	142.2M	128.0M	163.3M

Interest Expense Depreciation And Amortization

Ciena Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Common Stock Total Equity	Short Term Investments	Short Term Debt
Total Assets		0.88	0.59	0.94	0.74	-0.03	0.18	0.82	0.68	0.96	0.77	0.77	0.98	0.68	0.67	0.87	0.96	0.54	0.78	0.74	0.98	0.04	0.35	0.61	-0.06	-0.33
Other Current Liab	0.88		0.66	0.8	0.73	-0.07	-0.03	0.74	0.67	0.87	0.66	0.76	0.89	0.71	0.57	0.65	0.79	0.64	0.72	0.73	0.84	0.12	0.3	0.62	0.0	-0.34
Total Current Liabilities	0.59	0.66		0.49	0.82	0.04	-0.42	0.72	0.66	0.6	0.63	0.71	0.61	0.93	0.38	0.35	0.51	0.88	0.58	0.82	0.55	0.23	0.53	0.18	0.34	0.18
Total Stockholder Equity	0.94	0.8	0.49		0.78	-0.35	0.4	0.75	0.71	0.95	0.59	0.77	0.87	0.64	0.37	0.74	0.86	0.37	0.51	0.78	0.88	-0.24	0.03	0.79	0.02	-0.44
Property Plant And Equipment Net	0.74	0.73	0.82	0.78		-0.36	0.01	0.7	0.83	0.79	0.56	0.87	0.7	0.93	0.22	0.42	0.63	0.68	0.41	1.0	0.67	-0.09	0.19	0.63	0.37	-0.18
Net Debt	-0.03	-0.07	0.04	-0.35	-0.36		-0.42	-0.08	-0.41	-0.12	0.21	-0.35	0.05	-0.15	0.66	0.28	0.07	0.13	0.55	-0.36	0.04	0.72	0.77	-0.64	-0.24	0.46
Retained Earnings	0.18	-0.03	-0.42	0.4	0.01	-0.42		-0.1	0.01	0.21	-0.32	-0.06	0.07	-0.32	-0.22	0.31	0.14	-0.68	-0.27	0.01	0.15	-0.59	-0.48	0.46	-0.2	-0.5
Accounts Payable	0.82	0.74	0.72	0.75	0.7	-0.08	-0.1		0.64	0.76	0.82	0.71	0.85	0.72	0.51	0.67	0.82	0.67	0.67	0.7	0.82	-0.01	0.29	0.47	0.01	-0.28
Cash	0.68	0.67	0.66	0.71	0.83	-0.41	0.01	0.64		0.63	0.66	0.96	0.66	0.76	0.29	0.4	0.65	0.62	0.41	0.83	0.69	-0.04	0.24	0.49	0.07	-0.38
Non Current Assets Total	0.96	0.87	0.6	0.95	0.79	-0.12	0.21	0.76	0.63		0.64	0.73	0.92	0.72	0.51	0.77	0.87	0.53	0.67	0.79	0.9	-0.02	0.21	0.69	0.05	-0.26
Non Currrent Assets Other	0.77	0.66	0.63	0.59	0.56	0.21	-0.32	0.82	0.66	0.64		0.71	0.81	0.66	0.77	0.69	0.84	0.76	0.84	0.56	0.82	0.39	0.62	0.2	-0.19	-0.18
Cash And Short Term Investments	0.77	0.76	0.71	0.77	0.87	-0.35	-0.06	0.71	0.96	0.73	0.71		0.75	0.82	0.37	0.46	0.71	0.69	0.52	0.87	0.77	-0.05	0.26	0.56	0.21	-0.27
Net Receivables	0.98	0.89	0.61	0.87	0.7	0.05	0.07	0.85	0.66	0.92	0.81	0.75		0.67	0.73	0.86	0.97	0.6	0.84	0.7	0.98	0.11	0.41	0.54	-0.09	-0.34
Common Stock Shares Outstanding	0.68	0.71	0.93	0.64	0.93	-0.15	-0.32	0.72	0.76	0.72	0.66	0.82	0.67		0.33	0.35	0.6	0.88	0.53	0.93	0.62	0.11	0.38	0.41	0.39	0.06
Non Current Liabilities Total	0.67	0.57	0.38	0.37	0.22	0.66	-0.22	0.51	0.29	0.51	0.77	0.37	0.73	0.33		0.8	0.75	0.49	0.96	0.22	0.74	0.6	0.83	-0.06	-0.33	-0.06
Inventory	0.87	0.65	0.35	0.74	0.42	0.28	0.31	0.67	0.4	0.77	0.69	0.46	0.86	0.35	0.8		0.9	0.25	0.81	0.42	0.9	0.16	0.49	0.34	-0.34	-0.33
Other Current Assets	0.96	0.79	0.51	0.86	0.63	0.07	0.14	0.82	0.65	0.87	0.84	0.71	0.97	0.6	0.75	0.9		0.52	0.82	0.63	0.98	0.09	0.43	0.48	-0.21	-0.38
Other Stockholder Equity	0.54	0.64	0.88	0.37	0.68	0.13	-0.68	0.67	0.62	0.53	0.76	0.69	0.6	0.88	0.49	0.25	0.52		0.65	0.68	0.53	0.43	0.57	0.11	0.22	0.15
Total Liab	0.78	0.72	0.58	0.51	0.41	0.55	-0.27	0.67	0.41	0.67	0.84	0.52	0.84	0.53	0.96	0.81	0.82	0.65		0.41	0.83	0.52	0.79	0.09	-0.17	-0.01
Property Plant And Equipment Gross	0.74	0.73	0.82	0.78	1.0	-0.36	0.01	0.7	0.83	0.79	0.56	0.87	0.7	0.93	0.22	0.42	0.63	0.68	0.41		0.67	-0.09	0.19	0.63	0.37	-0.18
Total Current Assets	0.98	0.84	0.55	0.88	0.67	0.04	0.15	0.82	0.69	0.9	0.82	0.77	0.98	0.62	0.74	0.9	0.98	0.53	0.83	0.67		0.08	0.42	0.53	-0.13	-0.36
Intangible Assets	0.04	0.12	0.23	-0.24	-0.09	0.72	-0.59	-0.01	-0.04	-0.02	0.39	-0.05	0.11	0.11	0.6	0.16	0.09	0.43	0.52	-0.09	0.08		0.76	-0.5	-0.38	0.22
Short Long Term Debt Total	0.35	0.3	0.53	0.03	0.19	0.77	-0.48	0.29	0.24	0.21	0.62	0.26	0.41	0.38	0.83	0.49	0.43	0.57	0.79	0.19	0.42	0.76		-0.43	-0.17	0.27
Common Stock Total Equity	0.61	0.62	0.18	0.79	0.63	-0.64	0.46	0.47	0.49	0.69	0.2	0.56	0.54	0.41	-0.06	0.34	0.48	0.11	0.09	0.63	0.53	-0.5	-0.43		0.23	-0.55
Short Term Investments	-0.06	0.0	0.34	0.02	0.37	-0.24	-0.2	0.01	0.07	0.05	-0.19	0.21	-0.09	0.39	-0.33	-0.34	-0.21	0.22	-0.17	0.37	-0.13	-0.38	-0.17	0.23		0.51
Short Term Debt	-0.33	-0.34	0.18	-0.44	-0.18	0.46	-0.5	-0.28	-0.38	-0.26	-0.18	-0.27	-0.34	0.06	-0.06	-0.33	-0.38	0.15	-0.01	-0.18	-0.36	0.22	0.27	-0.55	0.51

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Ciena Corp Account Relationship Matchups

Ciena Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	4.9B	5.1B	5.6B	6.4B	6.8B
Other Current Liab	334.1M	409.3M	360.8M	431.4M	496.1M	520.9M
Total Current Liabilities	760.7M	909.0M	1.0B	932.0M	1.1B	558.9M
Total Stockholder Equity	2.5B	3.0B	2.7B	2.8B	3.3B	3.4B
Property Plant And Equipment Net	329.4M	329.3M	312.9M	315.3M	362.6M	191.2M
Net Debt	(324.9M)	(685.1M)	135.0M	594.4M	683.6M	717.7M
Retained Earnings	(4.3B)	(3.8B)	(3.6B)	(3.4B)	(3.0B)	(3.2B)
Accounts Payable	291.9M	356.2M	516.0M	317.8M	365.5M	383.8M
Cash	1.1B	1.4B	994.4M	1.0B	1.2B	642.4M
Non Current Assets Total	1.6B	1.7B	1.7B	2.0B	2.3B	2.4B
Non Currrent Assets Other	102.8M	99.9M	113.6M	116.5M	104.8M	113.4M
Cash And Short Term Investments	1.2B	1.6B	1.1B	1.1B	1.3B	993.2M
Net Receivables	719.4M	885.0M	920.8M	1.0B	1.2B	1.2B
Common Stock Shares Outstanding	156.0M	156.7M	152.2M	149.4M	171.8M	110.1M
Liabilities And Stockholders Equity	4.2B	4.9B	5.1B	5.6B	6.4B	6.8B
Non Current Liabilities Total	910.6M	936.2M	1.3B	1.8B	2.1B	2.2B
Inventory	344.4M	374.3M	946.7M	1.1B	1.2B	1.3B
Other Current Assets	308.1M	325.7M	370.1M	405.7M	466.5M	489.9M
Other Stockholder Equity	6.8B	6.8B	6.4B	6.3B	7.2B	5.6B
Total Liab	1.7B	1.8B	2.4B	2.8B	3.2B	3.3B
Property Plant And Equipment Gross	329.4M	329.3M	312.9M	315.3M	362.6M	191.2M
Total Current Assets	2.6B	3.2B	3.4B	3.6B	4.1B	4.3B
Accumulated Other Comprehensive Income	(35.4M)	439K	(46.6M)	(37.8M)	(34.0M)	(32.3M)
Intangible Assets	96.6M	65.3M	69.5M	205.6M	185.1M	133.9M
Short Long Term Debt Total	763.7M	737.5M	1.1B	1.6B	1.8B	1.0B
Common Stock Total Equity	1.5M	1.5M	1.5M	1.5M	1.3M	1.6M
Short Term Investments	150.7M	181.5M	154.0M	104.8M	94.3M	89.6M
Short Term Debt	26.0M	25.6M	25.9M	28.4M	32.6M	31.0M
Common Stock	1.5M	1.5M	1.5M	1.4M	1.3M	1.6M
Other Liab	82.8M	224.3M	212.7M	196.3M	225.7M	237.0M
Other Assets	737.2M	900.1M	937.6M	892.2M	1.0B	1.1B
Property Plant Equipment	329.4M	329.3M	312.9M	315.3M	362.6M	194.8M
Current Deferred Revenue	108.7M	118.0M	137.9M	154.4M	177.6M	186.5M
Long Term Debt	676.4M	670.4M	1.1B	1.5B	1.8B	982.2M
Good Will	310.8M	311.6M	328.3M	444.8M	511.5M	537.1M
Net Tangible Assets	2.1B	2.6B	2.3B	2.2B	2.5B	2.6B
Retained Earnings Total Equity	(4.6B)	(4.3B)	(3.8B)	(3.6B)	(4.2B)	(4.4B)
Long Term Debt Total	680.4M	676.4M	670.4M	1.1B	955.0M	798.6M
Capital Surpluse	6.8B	6.8B	6.8B	6.4B	7.3B	7.1B

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Additional Information and Resources on Investing in Ciena Stock

When determining whether Ciena Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ciena Corp'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 Ciena Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ciena Corp Stock:

How To Invest In Ciena

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Is Ciena Stock a good investment?

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What is Ciena Corp's Net Worth?

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Largest Communications Equipment Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Is Communications Equipment space 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 Ciena Corp. If investors know Ciena 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 Ciena Corp 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

(0.33)

Earnings Share

1.04

Revenue Per Share

28.233

Quarterly Revenue Growth

(0.20)

Return On Assets

0.031

The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena 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 Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena 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 Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena 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.

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Ciena Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

Ciena Corp fundamental ratios Correlations

Ciena Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ciena Corp fundamental ratios Accounts

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

Additional Information and Resources on Investing in Ciena Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Net Receivables
Total Current Assets	+ 0.98	Other Current Assets
Other Current Assets	+ 0.97	Net Receivables

Other Stockholder Equity	- 0.68	Retained Earnings
Common Stock Total Equity	- 0.64	Net Debt
Intangible Assets	- 0.59	Retained Earnings
Short Term Debt	- 0.55	Common Stock Total Equity
Common Stock Total Equity	- 0.5	Intangible Assets
Short Term Debt	- 0.5	Retained Earnings