Ceragon Historical Balance Sheet

CRNT Stock  USD 2.61  0.02  0.76%   
Trend analysis of Ceragon Networks balance sheet accounts such as Short Long Term Debt Total of 37.5 M, Other Current Liabilities of 18.6 M or Total Current Liabilities of 96.1 M provides information on Ceragon Networks' total assets, liabilities, and equity, which is the actual value of Ceragon Networks to its prevalent stockholders. By breaking down trends over time using Ceragon Networks balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Ceragon Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ceragon Networks is a good buy for the upcoming year.

Ceragon Networks Inventory

50.23 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceragon Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.

About Ceragon Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ceragon Networks at a specified time, usually calculated after every quarter, six months, or one year. Ceragon Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ceragon Networks and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ceragon currently owns. An asset can also be divided into two categories, current and non-current.

Ceragon Networks Balance Sheet Chart

At this time, Ceragon Networks' Property Plant And Equipment Net is comparatively stable compared to the past year. Net Debt is likely to gain to about 23.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 18.6 M in 2024.

Total Assets

Total assets refers to the total amount of Ceragon Networks 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 Ceragon Networks 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.

Total Current Liabilities

Total Current Liabilities is an item on Ceragon Networks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ceragon Networks 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 accounts from Ceragon Networks' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ceragon Networks current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Ceragon Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.At this time, Ceragon Networks' Property Plant And Equipment Net is comparatively stable compared to the past year. Net Debt is likely to gain to about 23.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 18.6 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total36.4M54.4M50.2M37.5M
Total Assets292.6M301.6M298.5M249.4M

Ceragon Networks balance sheet Correlations

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0.650.580.760.280.580.75-0.370.550.490.570.150.520.570.160.030.60.630.340.760.370.630.180.650.090.15
0.770.580.810.410.20.29-0.120.610.580.550.070.710.71-0.02-0.150.790.680.250.86-0.110.79-0.030.850.390.38
0.910.760.810.540.390.23-0.390.910.840.610.040.860.920.260.110.710.780.510.970.00.940.250.820.340.12
0.810.280.410.540.69-0.1-0.520.670.510.820.530.550.680.510.520.490.820.760.560.210.750.510.510.570.22
0.560.580.20.390.690.48-0.730.440.230.70.580.220.420.580.590.290.630.740.380.670.470.620.280.240.12
0.160.750.290.23-0.10.48-0.1-0.06-0.170.330.23-0.07-0.02-0.1-0.140.360.29-0.030.290.490.1-0.060.29-0.080.39
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0.750.490.580.840.510.23-0.17-0.40.870.39-0.120.930.870.270.140.450.50.490.77-0.040.820.250.640.21-0.26
0.830.570.550.610.820.70.33-0.290.580.390.650.460.620.290.270.760.860.550.70.220.720.30.730.670.42
0.290.150.070.040.530.580.23-0.290.12-0.120.65-0.180.220.340.410.210.350.430.10.030.150.350.120.730.13
0.830.520.710.860.550.22-0.07-0.250.820.930.46-0.180.820.08-0.040.630.630.370.850.010.890.070.770.220.05
0.90.570.710.920.680.42-0.02-0.50.970.870.620.220.820.390.290.60.720.650.88-0.120.930.380.710.51-0.07
0.290.16-0.020.260.510.58-0.1-0.910.430.270.290.340.080.390.97-0.230.350.920.110.190.271.0-0.160.16-0.29
0.210.03-0.150.110.520.59-0.14-0.870.320.140.270.41-0.040.290.97-0.280.30.89-0.010.20.180.97-0.250.18-0.25
0.810.60.790.710.490.290.360.130.560.450.760.210.630.6-0.23-0.280.770.090.85-0.020.77-0.230.960.520.6
0.920.630.680.780.820.630.29-0.40.720.50.860.350.630.720.350.30.770.610.830.190.880.350.760.480.51
0.610.340.250.510.760.74-0.03-0.920.660.490.550.430.370.650.920.890.090.610.410.220.580.920.170.34-0.15
0.940.760.860.970.560.380.29-0.250.860.770.70.10.850.880.11-0.010.850.830.41-0.010.950.110.920.420.29
0.080.37-0.110.00.210.670.49-0.38-0.04-0.040.220.030.01-0.120.190.2-0.020.190.22-0.010.030.250.01-0.470.06
0.980.630.790.940.750.470.1-0.40.920.820.720.150.890.930.270.180.770.880.580.950.030.260.850.450.23
0.290.18-0.030.250.510.62-0.06-0.920.410.250.30.350.070.381.00.97-0.230.350.920.110.250.26-0.160.14-0.28
0.860.650.850.820.510.280.290.040.670.640.730.120.770.71-0.16-0.250.960.760.170.920.010.85-0.160.450.44
0.530.090.390.340.570.24-0.08-0.060.40.210.670.730.220.510.160.180.520.480.340.42-0.470.450.140.450.3
0.290.150.380.120.220.120.390.3-0.09-0.260.420.130.05-0.07-0.29-0.250.60.51-0.150.290.060.23-0.280.440.3
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Ceragon Networks Account Relationship Matchups

Ceragon Networks balance sheet Accounts

201920202021202220232024 (projected)
Total Assets289.9M272.4M292.6M301.6M298.5M249.4M
Other Current Liab28.2M24.0M23.7M20.9M20.6M18.6M
Total Current Liabilities104.2M100.4M115.7M132.8M133.0M96.1M
Total Stockholder Equity160.4M146.1M137.2M132.1M134.0M130.6M
Property Plant And Equipment Net34.9M39.1M49.6M47.4M49.5M52.0M
Net Debt(9.3M)(14.1M)19.3M31.5M22.0M23.1M
Retained Earnings(229.1M)(246.9M)(261.7M)(269.1M)(275.2M)(261.4M)
Accounts Payable59.6M63.7M69.4M67.4M67.0M53.8M
Cash23.9M27.1M17.1M22.9M28.2M24.4M
Non Current Assets Total74.3M72.7M78.6M78.6M80.6M50.0M
Non Currrent Assets Other23.4M19.2M22.7M22.9M6.9M9.9M
Cash And Short Term Investments23.9M27.1M17.1M22.9M28.2M31.1M
Net Receivables129.6M122.0M135.5M128.1M107.1M97.8M
Common Stock Shares Outstanding80.3M81.1M83.4M84.1M85.5M53.3M
Liabilities And Stockholders Equity289.9M272.4M292.6M301.6M298.5M249.4M
Non Current Liabilities Total25.3M25.9M39.7M36.7M31.6M22.7M
Inventory62.1M50.6M61.4M72.0M69.8M50.2M
Other Stockholder Equity398.0M400.9M408.2M412.1M417.1M318.9M
Total Liab129.5M126.3M155.4M169.5M164.5M118.8M
Property Plant And Equipment Gross34.9M38.5M49.6M47.4M181.1M190.1M
Total Current Assets215.6M199.7M214.0M223.0M217.9M199.3M
Accumulated Other Comprehensive Income(8.7M)(8.1M)(9.5M)(11.2M)(8.1M)(7.7M)
Other Liab20.4M22.0M22.5M23.5M27.0M18.4M
Other Assets21.3M27.9M22.7M22.9M1.00.95
Other Current Assets11.0M14.0M16.6M14.9M12.9M10.8M
Property Plant Equipment45.0M38.5M49.6M47.4M54.5M57.3M
Current Deferred Revenue1.7M3.5M3.4M3.3M8.8M6.8M
Short Term Debt14.6M9.2M19.2M41.2M36.5M19.3M
Intangible Assets7.9M6.1M6.3M8.2M16.4M17.2M
Net Tangible Assets152.5M140.0M130.9M111.6M128.3M137.1M

Pair Trading with Ceragon Networks

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 Ceragon Networks 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 Ceragon Networks will appreciate offsetting losses from the drop in the long position's value.

Moving against Ceragon Stock

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The ability to find closely correlated positions to Ceragon Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceragon Networks 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 Ceragon Networks - 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 Ceragon Networks to buy it.
The correlation of Ceragon Networks 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 Ceragon Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceragon Networks 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 Ceragon Networks 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 CorrelationCorrelation Matching

Additional Tools for Ceragon Stock Analysis

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