Ceragon Free Cash Flow vs Book Value per Share Analysis
CRNT Stock | USD 2.72 0.07 2.51% |
Ceragon Networks financial indicator trend analysis is way more than just evaluating Ceragon Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceragon Networks is a good investment. Please check the relationship between Ceragon Networks Free Cash Flow and its Book Value Per Share accounts. 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.
Free Cash Flow vs Book Value Per Share
Free Cash Flow vs Book Value per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceragon Networks Free Cash Flow account and Book Value per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ceragon Networks' Free Cash Flow and Book Value per Share is -0.45. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Ceragon Networks, assuming nothing else is changed. The correlation between historical values of Ceragon Networks' Free Cash Flow and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Ceragon Networks are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Free Cash Flow i.e., Ceragon Networks' Free Cash Flow and Book Value per Share go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Ceragon Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.48 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 88.4M | 93.1M | 119.9M | 78.3M | Total Revenue | 290.8M | 295.2M | 347.2M | 246.0M |
Ceragon Networks fundamental ratios Correlations
Click cells to compare fundamentals
Ceragon Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ceragon Networks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 289.9M | 272.4M | 292.6M | 301.6M | 298.5M | 249.4M | |
Other Current Liab | 28.2M | 24.0M | 23.7M | 20.9M | 20.6M | 18.6M | |
Total Current Liabilities | 104.2M | 100.4M | 115.7M | 132.8M | 133.0M | 96.1M | |
Total Stockholder Equity | 160.4M | 146.1M | 137.2M | 132.1M | 134.0M | 130.6M | |
Property Plant And Equipment Net | 34.9M | 39.1M | 49.6M | 47.4M | 49.5M | 52.0M | |
Net Debt | (9.3M) | (14.1M) | 19.3M | 31.5M | 22.0M | 23.1M | |
Retained Earnings | (229.1M) | (246.9M) | (261.7M) | (269.1M) | (275.2M) | (261.4M) | |
Accounts Payable | 59.6M | 63.7M | 69.4M | 67.4M | 67.0M | 53.8M | |
Cash | 23.9M | 27.1M | 17.1M | 22.9M | 28.2M | 24.4M | |
Non Current Assets Total | 74.3M | 72.7M | 78.6M | 78.6M | 80.6M | 50.0M | |
Non Currrent Assets Other | 23.4M | 19.2M | 22.7M | 22.9M | 6.9M | 9.9M | |
Cash And Short Term Investments | 23.9M | 27.1M | 17.1M | 22.9M | 28.2M | 31.1M | |
Net Receivables | 129.6M | 122.0M | 135.5M | 128.1M | 107.1M | 97.8M | |
Common Stock Shares Outstanding | 80.3M | 81.1M | 83.4M | 84.1M | 85.5M | 53.3M | |
Liabilities And Stockholders Equity | 289.9M | 272.4M | 292.6M | 301.6M | 298.5M | 249.4M | |
Non Current Liabilities Total | 25.3M | 25.9M | 39.7M | 36.7M | 31.6M | 22.7M | |
Inventory | 62.1M | 50.6M | 61.4M | 72.0M | 69.8M | 50.2M | |
Other Stockholder Equity | 398.0M | 400.9M | 408.2M | 412.1M | 417.1M | 318.9M | |
Total Liab | 129.5M | 126.3M | 155.4M | 169.5M | 164.5M | 118.8M | |
Property Plant And Equipment Gross | 34.9M | 38.5M | 49.6M | 47.4M | 181.1M | 190.1M | |
Total Current Assets | 215.6M | 199.7M | 214.0M | 223.0M | 217.9M | 199.3M | |
Accumulated Other Comprehensive Income | (8.7M) | (8.1M) | (9.5M) | (11.2M) | (8.1M) | (7.7M) | |
Other Liab | 20.4M | 22.0M | 22.5M | 23.5M | 27.0M | 18.4M | |
Other Assets | 21.3M | 27.9M | 22.7M | 22.9M | 1.0 | 0.95 | |
Other Current Assets | 11.0M | 14.0M | 16.6M | 14.9M | 12.9M | 10.8M | |
Property Plant Equipment | 45.0M | 38.5M | 49.6M | 47.4M | 54.5M | 57.3M | |
Current Deferred Revenue | 1.7M | 3.5M | 3.4M | 3.3M | 8.8M | 6.8M | |
Short Term Debt | 14.6M | 9.2M | 19.2M | 41.2M | 36.5M | 19.3M | |
Intangible Assets | 7.9M | 6.1M | 6.3M | 8.2M | 16.4M | 17.2M | |
Net Tangible Assets | 152.5M | 140.0M | 130.9M | 111.6M | 128.3M | 137.1M |
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 together with Ceragon Stock
0.76 | PSTG | Pure Storage Financial Report 29th of May 2024 | PairCorr |
Moving against Ceragon Stock
0.8 | ACLS | Axcelis Technologies Financial Report 1st of May 2024 | PairCorr |
0.71 | CPSH | Cps Technologies | PairCorr |
0.68 | III | Information Services Financial Report 13th of May 2024 | PairCorr |
0.64 | G | Genpact Limited Sell-off Trend | PairCorr |
0.6 | PLAB | Photronics Financial Report 22nd of May 2024 | PairCorr |
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.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.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary 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.
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Is Ceragon Networks' 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 Ceragon Networks. If investors know Ceragon 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 Ceragon Networks 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 (0.84) | Earnings Share 0.07 | Revenue Per Share 4.103 | Quarterly Revenue Growth 0.196 | Return On Assets 0.049 |
The market value of Ceragon Networks is measured differently than its book value, which is the value of Ceragon that is recorded on the company's balance sheet. Investors also form their own opinion of Ceragon Networks' value that differs from its market value or its book value, called intrinsic value, which is Ceragon Networks' 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 Ceragon Networks' market value can be influenced by many factors that don't directly affect Ceragon Networks' 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 Ceragon Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ceragon Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ceragon Networks' 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.