Coherent Non Current Liabilities Total vs Short Term Debt Analysis
| COHR Stock | USD 58.33 1.25 2.19% |
Coherent financial indicator trend analysis is way more than just evaluating Coherent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coherent is a good investment. Please check the relationship between Coherent Non Current Liabilities Total and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.
Non Current Liabilities Total vs Short Term Debt
Non Current Liabilities Total vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coherent Non Current Liabilities Total account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Coherent's Non Current Liabilities Total and Short Term Debt is 0.46. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Coherent, assuming nothing else is changed. The correlation between historical values of Coherent's Non Current Liabilities Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Coherent are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Coherent's Non Current Liabilities Total and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Non Current Liabilities Total
Short Term Debt
Most indicators from Coherent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coherent 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 Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.At this time, Coherent's Selling General Administrative is relatively stable compared to the past year. As of 05/16/2024, Enterprise Value Over EBITDA is likely to grow to 199.99, though Tax Provision is likely to grow to (82.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.6B | 1.9B | 2.0B | Total Revenue | 3.3B | 5.2B | 5.9B | 6.2B |
Coherent fundamental ratios Correlations
Click cells to compare fundamentals
Coherent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coherent fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.2B | 6.5B | 7.8B | 13.7B | 15.8B | 16.6B | |
| Short Long Term Debt Total | 2.4B | 1.5B | 2.4B | 4.5B | 5.2B | 5.4B | |
| Total Current Liabilities | 672.9M | 729.6M | 1.3B | 1.1B | 1.2B | 1.3B | |
| Net Debt | 1.9B | (65.9M) | (144.2M) | 3.7B | 4.2B | 4.4B | |
| Retained Earnings | 876.6M | 1.1B | 1.3B | 944.4B | 1.1T | 1.1T | |
| Cash | 493.0M | 1.6B | 2.6B | 833.3M | 958.3M | 1.0B | |
| Non Current Assets Total | 3.4B | 3.5B | 3.5B | 10.5B | 12.0B | 12.6B | |
| Non Currrent Assets Other | 136.9M | 193.7M | 223.6M | 312.0M | 358.8M | 376.7M | |
| Net Receivables | 598.1M | 659.0M | 700.3M | 929.8M | 1.1B | 1.1B | |
| Common Stock Shares Outstanding | 84.8M | 115.0M | 116.5M | 137.6M | 158.2M | 166.1M | |
| Liabilities And Stockholders Equity | 5.2B | 6.5B | 7.8B | 13.7B | 15.8B | 16.6B | |
| Non Current Liabilities Total | 2.5B | 2.4B | 2.2B | 5.4B | 6.2B | 6.5B | |
| Inventory | 619.8M | 695.8M | 902.6M | 1.3B | 1.5B | 1.5B | |
| Total Liab | 3.2B | 3.1B | 3.5B | 6.5B | 7.5B | 7.8B | |
| Property Plant And Equipment Gross | 245.7M | 2.1B | 2.4B | 3.0B | 3.5B | 3.7B | |
| Total Current Assets | 1.8B | 3.0B | 4.3B | 3.3B | 3.7B | 3.9B | |
| Accumulated Other Comprehensive Income | (87.4M) | 14.3M | (2.2M) | 109.7B | 126.2B | 132.5B | |
| Short Term Debt | 93.9M | 87.4M | 430.8M | 113.1M | 130.1M | 136.6M | |
| Intangible Assets | 758.4M | 718.5M | 635.4M | 3.8B | 4.4B | 4.6B | |
| Other Current Liab | 292.9M | 333.8M | 378.3M | 455.9M | 524.2M | 550.4M | |
| Total Stockholder Equity | 2.1B | 3.4B | 3.6B | 5.0B | 5.7B | 6.0B | |
| Property Plant And Equipment Net | 1.2B | 1.2B | 1.4B | 1.8B | 2.0B | 2.2B | |
| Cash And Short Term Investments | 493.0M | 1.6B | 2.6B | 833.3M | 958.3M | 1.0B | |
| Other Current Assets | 65.7M | 67.6M | 1.1B | 216.5M | 249.0M | 261.5M | |
| Other Stockholder Equity | (199.3M) | (944.6M) | (1.0B) | (7.1T) | (6.4T) | (6.0T) | |
| Accounts Payable | 268.8M | 294.5M | 434.9M | 405.3M | 466.1M | 489.4M | |
| Good Will | 1.2B | 1.3B | 1.3B | 4.5B | 5.2B | 5.4B | |
| Common Stock | 1.5B | 2.0B | 2.1B | 3.8T | 4.3T | 4.6T | |
| Other Liab | 145.6M | 147.3M | 168.7M | 1.0B | 1.2B | 1.2B | |
| Other Assets | 247.1M | 407.0M | 255.3M | 349.7M | 402.2M | 422.3M | |
| Long Term Debt | 411.1M | 425.8M | 1.9B | 4.2B | 4.9B | 5.1B | |
| Property Plant Equipment | 245.7M | 302.6M | 1.4B | 1.8B | 2.0B | 2.2B | |
| Current Deferred Revenue | 17.3M | 13.9M | 23.0M | 104.5M | 120.1M | 126.2M | |
| Net Tangible Assets | 804.1M | 868.2M | 1.2B | (3.8B) | (3.4B) | (3.2B) | |
| Capital Lease Obligations | 91.2M | 80.7M | 137.8M | 179.0M | 205.9M | 216.2M |
Coherent Investors Sentiment
The influence of Coherent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Coherent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Coherent's public news can be used to forecast risks associated with an investment in Coherent. The trend in average sentiment can be used to explain how an investor holding Coherent can time the market purely based on public headlines and social activities around Coherent. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Coherent's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Coherent's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Coherent's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Coherent.
Coherent Implied Volatility | 112.13 |
Coherent's implied volatility exposes the market's sentiment of Coherent stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Coherent's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Coherent stock will not fluctuate a lot when Coherent's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coherent in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coherent's short interest history, or implied volatility extrapolated from Coherent options trading.
Pair Trading with Coherent
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 Coherent 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 Coherent will appreciate offsetting losses from the drop in the long position's value.Moving together with Coherent Stock
| 0.66 | WATT | Energous | PairCorr |
Moving against Coherent Stock
| 0.63 | DYSL | Dynasil Of | PairCorr |
| 0.52 | WELX | Winland Holdings | PairCorr |
| 0.51 | BMI | Badger Meter Financial Report 18th of July 2024 | PairCorr |
The ability to find closely correlated positions to Coherent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coherent 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 Coherent - 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 Coherent to buy it.
The correlation of Coherent 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 Coherent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coherent 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 Coherent 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.Note that the Coherent information on this page should be used as a complementary analysis to other Coherent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Coherent Stock analysis
When running Coherent's price analysis, check to measure Coherent'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 Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.
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Is Coherent'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 Coherent. If investors know Coherent 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 Coherent 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 (0.61) | Earnings Share (2.87) | Revenue Per Share 30.999 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0002 |
The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent'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 Coherent's market value can be influenced by many factors that don't directly affect Coherent'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 Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coherent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent'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.