CompX Short Long Term Debt Total vs Total Current Liabilities Analysis

CIX Stock  USD 23.89  0.01  0.04%   
CompX International financial indicator trend analysis is way more than just evaluating CompX International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CompX International is a good investment. Please check the relationship between CompX International Short Long Term Debt Total and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.

Short Long Term Debt Total vs Total Current Liabilities

Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CompX International Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CompX International's Short Long Term Debt Total and Total Current Liabilities is 0.89. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of CompX International, assuming nothing else is changed. The correlation between historical values of CompX International's Short Long Term Debt Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of CompX International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., CompX International's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Total Current Liabilities

Total Current Liabilities is an item on CompX International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CompX International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from CompX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CompX International 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 CompX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.Enterprise Value is likely to rise to about 220.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit42.7M48.8M49.2M32.8M
Total Revenue140.8M166.6M161.3M121.0M

CompX International fundamental ratios Correlations

-0.730.5-0.660.930.07-0.720.91-0.450.550.620.480.750.280.68-0.080.690.10.0-0.610.460.79-0.730.04-0.72-0.72
-0.73-0.020.89-0.73-0.280.71-0.630.16-0.46-0.62-0.22-0.480.31-0.96-0.1-0.28-0.2-0.530.73-0.03-0.380.92-0.030.80.79
0.5-0.02-0.150.55-0.22-0.390.59-0.760.31-0.010.410.580.58-0.09-0.430.64-0.06-0.47-0.30.710.73-0.130.24-0.25-0.25
-0.660.89-0.15-0.78-0.480.69-0.60.19-0.33-0.73-0.16-0.330.28-0.79-0.02-0.27-0.08-0.620.78-0.18-0.310.97-0.040.930.92
0.93-0.730.55-0.780.07-0.810.95-0.390.550.620.390.710.170.61-0.30.62-0.030.2-0.80.490.75-0.790.21-0.81-0.81
0.07-0.28-0.22-0.480.070.07-0.24-0.1-0.240.58-0.06-0.39-0.190.270.72-0.10.390.260.140.09-0.29-0.53-0.66-0.54-0.54
-0.720.71-0.390.69-0.810.07-0.780.32-0.89-0.34-0.5-0.80.26-0.570.35-0.22-0.09-0.280.76-0.17-0.670.68-0.250.640.64
0.91-0.630.59-0.60.95-0.24-0.78-0.340.590.460.450.80.270.55-0.480.66-0.180.09-0.80.430.81-0.590.41-0.59-0.59
-0.450.16-0.760.19-0.39-0.10.32-0.34-0.34-0.06-0.42-0.5-0.28-0.1-0.11-0.37-0.470.530.03-0.49-0.590.270.30.350.35
0.55-0.460.31-0.330.55-0.24-0.890.59-0.340.090.640.82-0.270.38-0.250.040.2-0.02-0.440.00.63-0.370.13-0.31-0.31
0.62-0.62-0.01-0.730.620.58-0.340.46-0.060.090.320.0-0.070.60.240.17-0.030.39-0.430.050.04-0.73-0.15-0.67-0.67
0.48-0.220.41-0.160.39-0.06-0.50.45-0.420.640.320.440.00.25-0.040.09-0.08-0.34-0.2-0.120.34-0.160.12-0.08-0.08
0.75-0.480.58-0.330.71-0.39-0.80.8-0.50.820.00.440.150.4-0.360.520.18-0.2-0.520.390.94-0.40.19-0.42-0.42
0.280.310.580.280.17-0.190.260.27-0.28-0.27-0.070.00.15-0.28-0.140.78-0.18-0.620.170.730.440.230.060.110.1
0.68-0.96-0.09-0.790.610.27-0.570.55-0.10.380.60.250.4-0.280.240.280.170.46-0.62-0.080.29-0.830.0-0.68-0.67
-0.08-0.1-0.43-0.02-0.30.720.35-0.48-0.11-0.250.24-0.04-0.36-0.140.24-0.170.63-0.130.56-0.16-0.33-0.17-0.85-0.11-0.11
0.69-0.280.64-0.270.62-0.1-0.220.66-0.370.040.170.090.520.780.28-0.17-0.09-0.29-0.340.790.74-0.320.17-0.39-0.39
0.1-0.2-0.06-0.08-0.030.39-0.09-0.18-0.470.2-0.03-0.080.18-0.180.170.63-0.09-0.210.350.130.17-0.27-0.8-0.29-0.29
0.0-0.53-0.47-0.620.20.26-0.280.090.53-0.020.39-0.34-0.2-0.620.46-0.13-0.29-0.21-0.59-0.31-0.32-0.510.27-0.42-0.42
-0.610.73-0.30.78-0.80.140.76-0.80.03-0.44-0.43-0.2-0.520.17-0.620.56-0.340.35-0.59-0.13-0.440.67-0.620.620.61
0.46-0.030.71-0.180.490.09-0.170.43-0.490.00.05-0.120.390.73-0.08-0.160.790.13-0.31-0.130.67-0.25-0.09-0.43-0.43
0.79-0.380.73-0.310.75-0.29-0.670.81-0.590.630.040.340.940.440.29-0.330.740.17-0.32-0.440.67-0.390.12-0.47-0.47
-0.730.92-0.130.97-0.79-0.530.68-0.590.27-0.37-0.73-0.16-0.40.23-0.83-0.17-0.32-0.27-0.510.67-0.25-0.390.140.960.96
0.04-0.030.24-0.040.21-0.66-0.250.410.30.13-0.150.120.190.060.0-0.850.17-0.80.27-0.62-0.090.120.140.20.2
-0.720.8-0.250.93-0.81-0.540.64-0.590.35-0.31-0.67-0.08-0.420.11-0.68-0.11-0.39-0.29-0.420.62-0.43-0.470.960.21.0
-0.720.79-0.250.92-0.81-0.540.64-0.590.35-0.31-0.67-0.08-0.420.1-0.67-0.11-0.39-0.29-0.420.61-0.43-0.470.960.21.0
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CompX International Account Relationship Matchups

CompX International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets178.5M184.0M192.5M177.4M187.6M135.5M
Other Current Liab10.5M10.5M13.0M12.6M11.8M12.4M
Total Current Liabilities13.1M13.2M16.4M16.7M17.2M16.0M
Total Stockholder Equity162.2M167.7M173.1M158.4M168.8M140.7M
Property Plant And Equipment Net31.0M29.0M29.2M28.7M25.9M41.0M
Net Debt(63.3M)(70.6M)(76.6M)(26.7M)(41.4M)(39.3M)
Retained Earnings106.2M111.5M118.2M105.2M115.5M60.1M
Accounts Payable2.5M2.6M3.4M3.5M3.1M3.0M
Cash63.3M70.6M76.6M26.7M41.4M36.6M
Non Current Assets Total83.4M82.8M72.2M66.2M61.0M72.8M
Non Currrent Assets Other28.7M30.1M19.3M(1.6M)(740K)(703K)
Cash And Short Term Investments63.3M70.6M76.6M59.9M76.7M39.4M
Net Receivables11.9M10.7M15.5M17.8M17.1M13.4M
Common Stock Shares Outstanding12.4M12.4M12.4M12.3M12.3M10.7M
Liabilities And Stockholders Equity178.5M184.0M192.5M177.4M187.6M135.5M
Non Current Liabilities Total3.3M3.2M2.9M2.3M1.6M1.5M
Inventory18.3M18.3M25.6M31.3M30.7M17.0M
Other Current Assets1.6M1.5M2.5M2.1M2.1M2.9M
Other Stockholder Equity55.9M56.0M54.8M53.2M53.3M71.2M
Total Liab16.3M16.4M19.4M19.0M18.8M33.1M
Property Plant And Equipment Gross31.0M29.0M100.9M103.4M103.6M108.8M
Total Current Assets95.1M101.2M120.2M111.2M126.6M86.2M
Accumulated Other Comprehensive Income(63.6M)(65.7M)0.0(17K)(6K)(6.3K)
Other Liab3.3M3.2M2.9M2.3M2.6M2.5M
Other Assets28.7M30.1M21.8M42K48.3K45.9K
Property Plant Equipment31.0M29.0M29.2M28.7M25.8M42.5M
Net Tangible Assets162.2M167.7M173.1M158.4M182.2M136.2M
Retained Earnings Total Equity106.2M111.5M118.2M105.2M121.0M84.1M
Capital Surpluse55.9M56.0M54.8M53.2M47.8M44.2M
Deferred Long Term Liab3.3M3.2M2.9M2.2M2.0M1.9M
Accumulated Depreciation(65.7M)(68.4M)(71.7M)(74.7M)(85.9M)(90.2M)

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