Ceragon Income Tax Expense vs Book Value per Share Analysis

CRNT Stock  USD 3.22  0.03  0.94%   
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.
  
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

Ceragon Networks Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Ceragon Networks uses and utilizes its capital. It also shows what exactly a company owns and owes.
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 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.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 Profit88.4M93.1M119.9M78.3M
Total Revenue290.8M295.2M347.2M246.0M

Ceragon Networks fundamental ratios Correlations

0.650.770.910.810.560.16-0.390.880.750.830.290.830.90.290.210.810.920.610.940.080.980.290.860.530.29
0.650.580.760.280.580.75-0.370.550.490.570.150.520.570.160.020.60.630.340.760.370.630.180.650.090.15
0.770.580.810.410.20.29-0.120.610.580.550.070.710.71-0.02-0.140.790.680.250.86-0.110.79-0.030.850.390.38
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
0.810.280.410.540.69-0.1-0.520.670.510.820.530.550.680.510.530.490.820.760.560.210.750.510.510.570.22
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
0.160.750.290.23-0.10.48-0.1-0.06-0.170.330.23-0.07-0.02-0.1-0.160.360.29-0.030.290.490.1-0.060.29-0.080.39
-0.39-0.37-0.12-0.39-0.52-0.73-0.1-0.52-0.4-0.29-0.29-0.25-0.5-0.91-0.870.13-0.4-0.92-0.25-0.38-0.4-0.920.04-0.060.3
0.880.550.610.910.670.44-0.06-0.520.870.580.120.820.970.430.330.560.720.660.86-0.040.920.410.670.4-0.09
0.750.490.580.840.510.23-0.17-0.40.870.39-0.120.930.870.270.150.450.50.490.77-0.040.820.250.640.21-0.26
0.830.570.550.610.820.70.33-0.290.580.390.650.460.620.290.260.760.860.550.70.220.720.30.730.670.42
0.290.150.070.040.530.580.23-0.290.12-0.120.65-0.180.220.340.390.210.350.430.10.030.150.350.120.730.13
0.830.520.710.860.550.22-0.07-0.250.820.930.46-0.180.820.08-0.030.630.630.370.850.010.890.070.770.220.05
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
0.210.02-0.140.110.530.59-0.16-0.870.330.150.260.39-0.030.290.97-0.280.290.89-0.010.20.180.97-0.250.18-0.26
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
0.920.630.680.780.820.630.29-0.40.720.50.860.350.630.720.350.290.770.610.830.190.880.350.760.480.51
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
0.290.150.380.120.220.120.390.3-0.09-0.260.420.130.05-0.07-0.29-0.260.60.51-0.150.290.060.23-0.280.440.3
Click cells to compare fundamentals

Ceragon Networks Account Relationship Matchups

Ceragon Networks fundamental ratios 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 Outstanding81.0M80.3M81.1M83.4M85.5M53.2M
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
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 Ceragon Networks 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, Ceragon Networks' short interest history, or implied volatility extrapolated from Ceragon Networks options trading.

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

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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
When determining whether Ceragon Networks 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 Ceragon 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 Ceragon Networks Stock. Highlighted below are key reports to facilitate an investment decision about Ceragon Networks Stock:
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.