Compass Total Assets vs Other Assets Analysis
| CMP Stock | USD 12.68 0.15 1.20% |
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 Total Assets and its Other Assets 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.
Total Assets vs Other Assets
Total Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Minerals Int Total Assets account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Compass Minerals' Total Assets and Other Assets is 0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets 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' Total Assets 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 Total Assets of Compass Minerals International 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 Total Assets i.e., Compass Minerals' Total Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Compass Minerals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Compass Minerals Int books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Assets
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 05/17/2024, 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 |
Compass Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Compass Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 (2.07) | 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.