Compass Long Term Investments vs Deferred Long Term Liab Analysis

CMP Stock

USD 13.04 0.42 3.33%

Compass Minerals financial indicator trend analysis is way more than just evaluating Compass Minerals Int prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compass Minerals Int is a good investment. Please check the relationship between Compass Minerals Long Term Investments and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Minerals International. 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.

Long Term Investments vs Deferred Long Term Liab

Long Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Minerals Int Long Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Compass Minerals' Long Term Investments and Deferred Long Term Liab is -0.63. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Compass Minerals International, assuming nothing else is changed. The correlation between historical values of Compass Minerals' Long Term Investments and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Compass Minerals International are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Investments i.e., Compass Minerals' Long Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Compass Minerals balance sheet that represents investments Compass Minerals Int intends to hold for over a year. Compass Minerals International long term investments may include different instruments such as stocks, bonds, real estate and cash.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from Compass Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass Minerals Int 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 Compass Minerals International. 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.

At this time, Compass Minerals' Tax Provision is relatively stable compared to the past year. As of 04/29/2024, Discontinued Operations is likely to grow to about 11.5 M, while Enterprise Value Over EBITDA is likely to drop 11.12.

	2021	2022	2023	2024 (projected)
Gross Profit	171.7M	198M	233.9M	221.7M
Total Revenue	836.6M	1.2B	1.2B	1.1B

Gross Profit Total Revenue

Compass Minerals fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.59	0.94	-0.21	0.97	-0.28	0.74	-0.21	0.3	0.95	-0.19	0.97	0.86	0.21	0.67	0.89	0.77	0.9	0.88	0.63	0.77	0.55	0.44	0.97	0.92	0.98
Total Stockholder Equity	0.59		0.3	0.37	0.55	0.06	0.18	0.37	0.1	0.36	-0.33	0.37	0.6	0.68	0.49	0.25	0.31	0.27	0.58	0.15	0.16	0.5	0.27	0.53	0.29	0.53
Net Debt	0.94	0.3		-0.46	0.93	-0.4	0.81	-0.46	0.27	0.97	-0.13	0.99	0.74	-0.03	0.56	0.96	0.71	0.96	0.79	0.69	0.84	0.48	0.38	0.93	0.97	0.95
Cash	-0.21	0.37	-0.46		-0.36	0.12	-0.5	1.0	-0.08	-0.41	-0.31	-0.35	0.21	0.26	0.19	-0.55	-0.03	-0.51	-0.06	-0.35	-0.41	-0.06	0.16	-0.25	-0.49	-0.24
Non Current Assets Total	0.97	0.55	0.93	-0.36		-0.16	0.71	-0.36	0.23	0.96	-0.09	0.95	0.72	0.24	0.57	0.91	0.68	0.94	0.87	0.56	0.75	0.58	0.29	0.92	0.95	0.93
Non Currrent Assets Other	-0.28	0.06	-0.4	0.12	-0.16		-0.34	0.12	-0.32	-0.23	0.31	-0.34	-0.36	0.54	-0.16	-0.34	-0.19	-0.24	0.02	-0.59	-0.25	0.08	-0.47	-0.46	-0.27	-0.45
Other Assets	0.74	0.18	0.81	-0.5	0.71	-0.34		-0.5	0.37	0.76	-0.08	0.79	0.61	0.04	0.44	0.84	0.69	0.73	0.6	0.69	0.76	0.34	0.41	0.73	0.75	0.76
Cash And Short Term Investments	-0.21	0.37	-0.46	1.0	-0.36	0.12	-0.5		-0.08	-0.41	-0.31	-0.35	0.21	0.26	0.19	-0.55	-0.03	-0.51	-0.06	-0.35	-0.41	-0.06	0.16	-0.25	-0.49	-0.24
Common Stock Shares Outstanding	0.3	0.1	0.27	-0.08	0.23	-0.32	0.37	-0.08		0.27	0.5	0.32	0.39	0.02	0.36	0.37	0.56	0.16	-0.02	0.77	0.11	-0.08	0.87	0.41	0.15	0.37
Non Current Liabilities Total	0.95	0.36	0.97	-0.41	0.96	-0.23	0.76	-0.41	0.27		-0.05	0.99	0.74	0.07	0.53	0.95	0.77	0.98	0.84	0.62	0.84	0.5	0.34	0.91	0.97	0.93
Other Stockholder Equity	-0.19	-0.33	-0.13	-0.31	-0.09	0.31	-0.08	-0.31	0.5	-0.05		-0.12	-0.34	0.13	-0.21	0.0	0.02	-0.03	-0.23	0.08	-0.2	-0.12	0.15	-0.19	-0.07	-0.22
Total Liab	0.97	0.37	0.99	-0.35	0.95	-0.34	0.79	-0.35	0.32	0.99	-0.12		0.81	0.03	0.62	0.95	0.8	0.95	0.84	0.68	0.83	0.48	0.42	0.95	0.96	0.96
Total Current Assets	0.86	0.6	0.74	0.21	0.72	-0.36	0.61	0.21	0.39	0.74	-0.34	0.81		0.19	0.78	0.65	0.84	0.62	0.76	0.6	0.63	0.41	0.68	0.85	0.64	0.87
Other Current Liab	0.21	0.68	-0.03	0.26	0.24	0.54	0.04	0.26	0.02	0.07	0.13	0.03	0.19		0.28	-0.06	0.05	0.01	0.39	-0.24	0.05	0.41	0.06	0.09	0.02	0.09
Total Current Liabilities	0.67	0.49	0.56	0.19	0.57	-0.16	0.44	0.19	0.36	0.53	-0.21	0.62	0.78	0.28		0.47	0.67	0.41	0.66	0.43	0.39	0.44	0.58	0.64	0.49	0.65
Other Liab	0.89	0.25	0.96	-0.55	0.91	-0.34	0.84	-0.55	0.37	0.95	0.0	0.95	0.65	-0.06	0.47		0.74	0.94	0.71	0.74	0.77	0.36	0.37	0.9	0.94	0.9
Accounts Payable	0.77	0.31	0.71	-0.03	0.68	-0.19	0.69	-0.03	0.56	0.77	0.02	0.8	0.84	0.05	0.67	0.74		0.64	0.68	0.65	0.61	0.22	0.68	0.76	0.64	0.77
Long Term Debt	0.9	0.27	0.96	-0.51	0.94	-0.24	0.73	-0.51	0.16	0.98	-0.03	0.95	0.62	0.01	0.41	0.94	0.64		0.81	0.55	0.84	0.49	0.18	0.86	0.99	0.88
Net Receivables	0.88	0.58	0.79	-0.06	0.87	0.02	0.6	-0.06	-0.02	0.84	-0.23	0.84	0.76	0.39	0.66	0.71	0.68	0.81		0.23	0.72	0.62	0.18	0.77	0.83	0.81
Inventory	0.63	0.15	0.69	-0.35	0.56	-0.59	0.69	-0.35	0.77	0.62	0.08	0.68	0.6	-0.24	0.43	0.74	0.65	0.55	0.23		0.44	0.12	0.75	0.73	0.55	0.71
Other Current Assets	0.77	0.16	0.84	-0.41	0.75	-0.25	0.76	-0.41	0.11	0.84	-0.2	0.83	0.63	0.05	0.39	0.77	0.61	0.84	0.72	0.44		0.37	0.23	0.74	0.83	0.76
Intangible Assets	0.55	0.5	0.48	-0.06	0.58	0.08	0.34	-0.06	-0.08	0.5	-0.12	0.48	0.41	0.41	0.44	0.36	0.22	0.49	0.62	0.12	0.37		0.01	0.42	0.53	0.47
Common Stock	0.44	0.27	0.38	0.16	0.29	-0.47	0.41	0.16	0.87	0.34	0.15	0.42	0.68	0.06	0.58	0.37	0.68	0.18	0.18	0.75	0.23	0.01		0.55	0.2	0.53
Property Plant Equipment	0.97	0.53	0.93	-0.25	0.92	-0.46	0.73	-0.25	0.41	0.91	-0.19	0.95	0.85	0.09	0.64	0.9	0.76	0.86	0.77	0.73	0.74	0.42	0.55		0.87	0.99
Short Long Term Debt Total	0.92	0.29	0.97	-0.49	0.95	-0.27	0.75	-0.49	0.15	0.97	-0.07	0.96	0.64	0.02	0.49	0.94	0.64	0.99	0.83	0.55	0.83	0.53	0.2	0.87		0.89
Property Plant And Equipment Net	0.98	0.53	0.95	-0.24	0.93	-0.45	0.76	-0.24	0.37	0.93	-0.22	0.96	0.87	0.09	0.65	0.9	0.77	0.88	0.81	0.71	0.76	0.47	0.53	0.99	0.89

Click cells to compare fundamentals

Compass Minerals Account Relationship Matchups

Compass Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Non Currrent Assets Other	2.7M	156.5M	(991.5M)	(63.4M)	(58.5M)	(55.6M)
Other Assets	102.8M	175M	108M	43.7M	100.5M	59.4M
Other Current Liab	239.8M	243.8M	(899.5M)	(949.9M)	154M	161.7M
Other Liab	206.6M	241.4M	165.6M	159.9M	179M	107.5M
Long Term Debt	1.4B	1.3B	935.4M	947.6M	800.3M	828.6M
Intangible Assets	115.9M	627.4M	48.8M	45.4M	120M	193.7M
Property Plant Equipment	1.1B	964.9M	879.1M	776.6M	906.9M	717.8M
Property Plant And Equipment Gross	1.1B	1.0B	964.9M	1.8B	2.0B	2.1B
Net Tangible Assets	83.6M	20.7M	186.5M	154.6M	300.4M	230.2M
Retained Earnings Total Equity	672.5M	643.5M	607.4M	567.3M	652.4M	531.1M
Long Term Debt Total	1.4B	1.3B	939.7M	949.7M	1.1B	976.5M
Capital Surpluse	117.1M	127M	136.3M	152.1M	174.9M	101.7M
Deferred Long Term Liab	127M	100.8M	89.9M	87.5M	100.6M	91.2M

Pair Trading with Compass Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compass Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compass Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Compass Stock

0.82

VALE

Vale SA ADR Aggressive Push

Pair Corr

Moving against Compass Stock

0.88	EMX	EMX Royalty Corp Financial Report 20th of May 2024	Pair Corr
0.82	LZM	Lifezone Metals	Pair Corr
0.79	FURY	Fury Gold Mines Financial Report 9th of May 2024	Pair Corr
0.76	NAK	Northern Dynasty Minerals Financial Report 10th of May 2024	Pair Corr
0.76	WRN	Western Copper Financial Report 2nd of May 2024	Pair Corr

The ability to find closely correlated positions to Compass Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compass Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compass Minerals International to buy it.

The correlation of Compass Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compass Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Minerals Int moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Compass Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Compass Minerals Int 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 Compass 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 Compass Minerals International Stock. Highlighted below are key reports to facilitate an investment decision about Compass Minerals International Stock:

How To Invest In Compass

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Is Compass Stock a good investment?

Details

What is Compass Minerals' Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Minerals International. 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.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Compass Stock analysis

When running Compass Minerals' price analysis, check to measure Compass Minerals' 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 Compass Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.

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Is Compass Minerals' 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 Compass Minerals. If investors know Compass 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 Compass Minerals 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

(0.92)

Dividend Share

2.88

Earnings Share

(1.45)

Revenue Per Share

44.542

Quarterly Revenue Growth

(0.25)

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

Long Term Investments vs Deferred Long Term Liab

Long Term Investments vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Long Term Investments

Deferred Long Term Liab

Compass Minerals fundamental ratios Correlations

Compass Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Compass Minerals fundamental ratios Accounts

Pair Trading with Compass Minerals

Moving together with Compass Stock

Moving against Compass Stock

Complementary Tools for Compass Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Long Term Debt
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment
Property Plant And Equipment Net	+ 0.98	Total Assets

Inventory	- 0.59	Non Currrent Assets Other
Other Liab	- 0.55	Cash And Short Term Investments
Other Liab	- 0.55	Cash
Long Term Debt	- 0.51	Cash And Short Term Investments
Long Term Debt	- 0.51	Cash
Cash And Short Term Investments	- 0.5	Other Assets