Core Current Deferred Revenue vs Cash And Equivalents Analysis

CMT Stock

USD 19.37 0.71 3.80%

Core Molding financial indicator trend analysis is way more than just evaluating Core Molding Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Molding Technologies is a good investment. Please check the relationship between Core Molding Current Deferred Revenue and its Cash And Equivalents accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Molding Technologies. 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.

Current Deferred Revenue vs Cash And Equivalents

Current Deferred Revenue vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Molding Technologies Current Deferred Revenue account and Cash And Equivalents. At this time, the significance of the direction appears to have no relationship.

The correlation between Core Molding's Current Deferred Revenue and Cash And Equivalents is 0.0. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Core Molding Technologies, assuming nothing else is changed. The correlation between historical values of Core Molding's Current Deferred Revenue and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Core Molding Technologies are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Current Deferred Revenue i.e., Core Molding's Current Deferred Revenue and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Equivalents

Most indicators from Core Molding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Molding Technologies 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 Core Molding Technologies. 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, Core Molding's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	41.3M	52.4M	62.3M	65.4M
Total Revenue	307.5M	377.4M	357.7M	375.6M

Gross Profit Total Revenue

Core Molding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.62	0.75	0.73	0.71	0.95	0.41	0.71	0.92	0.11	0.97	0.01	0.11	0.87	0.11	0.57	0.95	0.43	0.04	0.84	0.43	0.72	0.22	0.03	0.16	-0.38
Short Long Term Debt Total	0.62		0.31	0.72	0.22	0.45	0.9	0.18	0.69	-0.3	0.73	0.15	-0.3	0.58	0.22	0.69	0.7	0.18	0.33	0.92	0.2	0.36	0.53	0.26	0.28	-0.25
Other Current Liab	0.75	0.31		0.55	0.51	0.74	0.27	0.48	0.72	-0.08	0.76	-0.08	-0.08	0.66	0.27	0.38	0.72	0.41	0.21	0.6	0.25	0.46	0.03	0.26	0.32	-0.31
Total Current Liabilities	0.73	0.72	0.55		0.36	0.7	0.65	0.34	0.72	-0.23	0.8	0.07	-0.23	0.61	0.13	0.2	0.77	0.41	0.14	0.83	0.24	0.41	0.78	0.15	0.19	-0.26
Total Stockholder Equity	0.71	0.22	0.51	0.36		0.7	-0.1	0.99	0.59	0.61	0.62	0.0	0.61	0.58	-0.26	0.25	0.6	0.66	-0.06	0.44	0.83	0.96	-0.03	-0.4	-0.25	-0.29
Property Plant And Equipment Net	0.95	0.45	0.74	0.7	0.7		0.26	0.73	0.8	0.13	0.92	-0.11	0.13	0.78	-0.08	0.37	0.89	0.31	-0.2	0.7	0.31	0.63	0.26	-0.11	-0.02	-0.21
Net Debt	0.41	0.9	0.27	0.65	-0.1	0.26		-0.14	0.56	-0.69	0.56	0.11	-0.69	0.49	0.23	0.61	0.56	0.06	0.3	0.8	-0.1	0.05	0.51	0.36	0.3	-0.19
Retained Earnings	0.71	0.18	0.48	0.34	0.99	0.73	-0.14		0.55	0.61	0.62	-0.04	0.61	0.57	-0.37	0.22	0.6	0.57	-0.21	0.4	0.77	0.93	-0.03	-0.49	-0.35	-0.21
Accounts Payable	0.92	0.69	0.72	0.72	0.59	0.8	0.56	0.55		-0.09	0.91	0.07	-0.09	0.86	0.27	0.66	0.93	0.52	0.26	0.89	0.36	0.65	0.18	0.22	0.31	-0.54
Cash	0.11	-0.3	-0.08	-0.23	0.61	0.13	-0.69	0.61	-0.09		-0.04	0.02	1.0	-0.13	-0.19	-0.2	-0.09	0.22	-0.08	-0.24	0.59	0.53	-0.23	-0.4	-0.25	0.02
Non Current Assets Total	0.97	0.73	0.76	0.8	0.62	0.92	0.56	0.62	0.91	-0.04		0.05	-0.04	0.81	0.1	0.59	0.96	0.36	0.08	0.91	0.33	0.62	0.34	0.1	0.17	-0.32
Non Currrent Assets Other	0.01	0.15	-0.08	0.07	0.0	-0.11	0.11	-0.04	0.07	0.02	0.05		0.02	-0.16	0.1	0.05	0.08	0.19	0.18	0.09	0.06	0.0	0.08	0.06	0.08	-0.45
Cash And Short Term Investments	0.11	-0.3	-0.08	-0.23	0.61	0.13	-0.69	0.61	-0.09	1.0	-0.04	0.02		-0.13	-0.19	-0.2	-0.09	0.22	-0.08	-0.24	0.59	0.53	-0.23	-0.4	-0.25	0.02
Net Receivables	0.87	0.58	0.66	0.61	0.58	0.78	0.49	0.57	0.86	-0.13	0.81	-0.16	-0.13		0.12	0.63	0.86	0.49	0.05	0.79	0.41	0.67	0.06	0.02	0.16	-0.43
Common Stock Shares Outstanding	0.11	0.22	0.27	0.13	-0.26	-0.08	0.23	-0.37	0.27	-0.19	0.1	0.1	-0.19	0.12		0.24	0.04	0.15	0.83	0.2	-0.14	-0.17	-0.02	0.88	0.99	-0.46
Non Current Liabilities Total	0.57	0.69	0.38	0.2	0.25	0.37	0.61	0.22	0.66	-0.2	0.59	0.05	-0.2	0.63	0.24		0.62	0.04	0.29	0.71	0.12	0.37	-0.22	0.27	0.28	-0.23
Inventory	0.95	0.7	0.72	0.77	0.6	0.89	0.56	0.6	0.93	-0.09	0.96	0.08	-0.09	0.86	0.04	0.62		0.36	0.0	0.9	0.32	0.64	0.27	0.03	0.09	-0.36
Other Current Assets	0.43	0.18	0.41	0.41	0.66	0.31	0.06	0.57	0.52	0.22	0.36	0.19	0.22	0.49	0.15	0.04	0.36		0.4	0.37	0.74	0.72	0.08	-0.01	0.15	-0.62
Other Stockholder Equity	0.04	0.33	0.21	0.14	-0.06	-0.2	0.3	-0.21	0.26	-0.08	0.08	0.18	-0.08	0.05	0.83	0.29	0.0	0.4		0.27	0.15	0.07	0.02	0.79	0.83	-0.42
Total Liab	0.84	0.92	0.6	0.83	0.44	0.7	0.8	0.4	0.89	-0.24	0.91	0.09	-0.24	0.79	0.2	0.71	0.9	0.37	0.27		0.3	0.55	0.43	0.23	0.26	-0.31
Property Plant And Equipment Gross	0.43	0.2	0.25	0.24	0.83	0.31	-0.1	0.77	0.36	0.59	0.33	0.06	0.59	0.41	-0.14	0.12	0.32	0.74	0.15	0.3		0.88	0.0	-0.42	-0.18	-0.36
Total Current Assets	0.72	0.36	0.46	0.41	0.96	0.63	0.05	0.93	0.65	0.53	0.62	0.0	0.53	0.67	-0.17	0.37	0.64	0.72	0.07	0.55	0.88		0.0	-0.33	-0.16	-0.35
Short Term Debt	0.22	0.53	0.03	0.78	-0.03	0.26	0.51	-0.03	0.18	-0.23	0.34	0.08	-0.23	0.06	-0.02	-0.22	0.27	0.08	0.02	0.43	0.0	0.0		0.06	0.03	0.05
Common Stock Total Equity	0.03	0.26	0.26	0.15	-0.4	-0.11	0.36	-0.49	0.22	-0.4	0.1	0.06	-0.4	0.02	0.88	0.27	0.03	-0.01	0.79	0.23	-0.42	-0.33	0.06		0.93	-0.23
Common Stock	0.16	0.28	0.32	0.19	-0.25	-0.02	0.3	-0.35	0.31	-0.25	0.17	0.08	-0.25	0.16	0.99	0.28	0.09	0.15	0.83	0.26	-0.18	-0.16	0.03	0.93		-0.42
Other Liab	-0.38	-0.25	-0.31	-0.26	-0.29	-0.21	-0.19	-0.21	-0.54	0.02	-0.32	-0.45	0.02	-0.43	-0.46	-0.23	-0.36	-0.62	-0.42	-0.31	-0.36	-0.35	0.05	-0.23	-0.42

Click cells to compare fundamentals

Core Molding Account Relationship Matchups

Core Molding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	179.3M	165.5M	186.1M	198.6M	213.4M	118.9M
Short Long Term Debt Total	52.6M	28.2M	29.6M	26.1M	26.8M	22.7M
Other Current Liab	9.5M	14.7M	15.7M	16.7M	13.6M	6.9M
Total Current Liabilities	82.6M	36.0M	53.1M	50.8M	46.2M	28.4M
Total Stockholder Equity	84.4M	93.9M	100.1M	116.1M	139.0M	145.9M
Property Plant And Equipment Net	83.7M	76.8M	81.5M	88.4M	85.0M	54.5M
Net Debt	50.7M	24.0M	23.5M	21.9M	2.7M	2.6M
Retained Earnings	76.7M	84.9M	89.5M	101.7M	122.1M	128.2M
Accounts Payable	19.9M	17.0M	22.7M	29.6M	24.0M	13.0M
Cash	1.9M	4.1M	6.1M	4.2M	24.1M	25.3M
Non Current Assets Total	118.1M	109.0M	111.0M	118.0M	110.5M	68.7M
Non Currrent Assets Other	3.6M	2.4M	2.0M	4.6M	418K	438.9K
Cash And Short Term Investments	1.9M	4.1M	6.1M	4.2M	24.1M	25.3M
Net Receivables	32.4M	30.2M	38.8M	44.3M	48.2M	26.2M
Common Stock Shares Outstanding	7.8M	7.9M	8.1M	8.4M	8.8M	6.8M
Liabilities And Stockholders Equity	179.3M	165.5M	186.1M	198.6M	213.4M	118.9M
Non Current Liabilities Total	12.3M	35.6M	33.0M	31.7M	28.2M	20.7M
Inventory	21.7M	18.4M	25.1M	23.9M	22.1M	12.4M
Other Current Assets	5.3M	3.8M	5.1M	8.4M	8.5M	9.0M
Other Stockholder Equity	6.3M	7.6M	9.4M	11.2M	11.5M	9.1M
Total Liab	94.9M	71.6M	86.0M	82.5M	74.4M	56.8M
Property Plant And Equipment Gross	83.7M	76.8M	81.5M	83.3M	213.1M	223.8M
Total Current Assets	61.2M	56.5M	75.1M	80.7M	102.9M	108.0M
Accumulated Other Comprehensive Income	1.4M	1.4M	1.1M	3.1M	5.3M	5.6M
Short Term Debt	49.5M	3.0M	8.4M	3.1M	3.4M	5.2M
Common Stock Total Equity	78K	79K	80K	84K	75.6K	66.1K
Common Stock	79K	80K	82K	84K	86K	66.2K
Other Liab	7.9M	9.1M	7.7M	5.2M	4.7M	7.9M
Other Assets	3.6M	3.3M	2.6M	4.6M	4.1M	3.8M
Long Term Debt	0.0	25.2M	21.3M	23.0M	21.5M	16.1M
Property Plant Equipment	79.2M	74.1M	81.5M	83.3M	95.8M	55.7M
Intangible Assets	13.5M	11.5M	9.6M	7.6M	6.0M	7.4M
Current Deferred Revenue	3.7M	1.3M	6.3M	1.4M	5.2M	3.2M
Treasury Stock	(28.5M)	(28.5M)	(28.6M)	(29.1M)	(26.2M)	(27.5M)
Net Tangible Assets	53.6M	65.0M	73.2M	116.1M	133.5M	83.2M
Retained Earnings Total Equity	91.9M	76.7M	84.9M	101.7M	117.0M	80.4M
Long Term Debt Total	0.0	25.2M	21.3M	23.0M	26.4M	16.1M
Capital Surpluse	34.8M	36.1M	38.0M	40.3M	46.4M	35.2M

Pair Trading with Core Molding

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 Core Molding 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 Core Molding will appreciate offsetting losses from the drop in the long position's value.

Moving against Core Stock

0.55

Chemours

Pair Corr

The ability to find closely correlated positions to Core Molding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Molding 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 Core Molding - 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 Core Molding Technologies to buy it.

The correlation of Core Molding 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 Core Molding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Molding Technologies 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 Core Molding 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 Core Molding Technologies 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 Core 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 Core Molding Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Core Molding Technologies Stock:

How To Invest In Core

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Is Core Stock a good investment?

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What is Core Molding's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Molding Technologies. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Core Stock analysis

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

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Is Core Molding'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 Core Molding. If investors know Core 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 Core Molding 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

(0.57)

Earnings Share

2.31

Revenue Per Share

41.841

Quarterly Revenue Growth

(0.15)

Return On Assets

0.082

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

Current Deferred Revenue vs Cash And Equivalents

Current Deferred Revenue vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Cash And Equivalents

Core Molding fundamental ratios Correlations

Core Molding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Core Molding fundamental ratios Accounts

Pair Trading with Core Molding

Moving against Core Stock

Complementary Tools for Core Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.97	Total Assets
Total Current Assets	+ 0.96	Total Stockholder Equity
Inventory	+ 0.96	Non Current Assets Total

Cash And Short Term Investments	- 0.69	Net Debt
Cash	- 0.69	Net Debt
Other Liab	- 0.62	Other Current Assets
Other Liab	- 0.54	Accounts Payable
Common Stock Total Equity	- 0.49	Retained Earnings
Other Liab	- 0.46	Common Stock Shares Outstanding