Carlisle Non Currrent Assets Other vs Property Plant And Equipment Net Analysis
CSL Stock | USD 415.05 6.30 1.50% |
Carlisle Companies financial indicator trend analysis is way more than just evaluating Carlisle Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carlisle Companies is a good investment. Please check the relationship between Carlisle Companies Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carlisle Companies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Non Currrent Assets Other vs Property Plant And Equipment Net
Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carlisle Companies Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Carlisle Companies' Non Currrent Assets Other and Property Plant And Equipment Net is 0.29. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Carlisle Companies Incorporated, assuming nothing else is changed. The correlation between historical values of Carlisle Companies' Non Currrent Assets Other and Property Plant And Equipment Net 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 Currrent Assets Other of Carlisle Companies Incorporated are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Carlisle Companies' Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Carlisle Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carlisle Companies 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 Carlisle Companies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Carlisle Companies' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 3.2 B this year, although the value of Discontinued Operations is projected to rise to (1.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 2.2B | 1.5B | 1.6B | Total Revenue | 4.8B | 6.6B | 4.6B | 2.6B |
Carlisle Companies fundamental ratios Correlations
Click cells to compare fundamentals
Carlisle Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carlisle Companies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 5.9B | 7.2B | 7.2B | 6.6B | 7.0B | |
Short Long Term Debt Total | 1.7B | 2.1B | 3.0B | 2.6B | 2.3B | 2.4B | |
Other Current Liab | 294.5M | 328.1M | 351.2M | 365.8M | 511.7M | 537.3M | |
Total Current Liabilities | 899M | 646.2M | 1.2B | 1.1B | 1.2B | 1.2B | |
Total Stockholder Equity | 2.6B | 2.5B | 2.6B | 3.0B | 2.8B | 3.0B | |
Property Plant And Equipment Net | 783.5M | 672.1M | 759.9M | 822.7M | 705.6M | 465.6M | |
Net Debt | 1.3B | 1.2B | 2.7B | 2.2B | 1.7B | 1.8B | |
Retained Earnings | 3.7B | 3.9B | 4.2B | 5.0B | 5.6B | 5.9B | |
Cash | 351.2M | 897.1M | 324.4M | 400M | 576.7M | 605.5M | |
Non Current Assets Total | 3.7B | 3.7B | 5.1B | 5.0B | 3.2B | 3.4B | |
Non Currrent Assets Other | 103.6M | 382.4M | 128.3M | 116.3M | 50.9M | 51.2M | |
Cash And Short Term Investments | 351.2M | 897.1M | 324.4M | 400M | 576.7M | 605.5M | |
Net Receivables | 783M | 638.9M | 886.7M | 919.8M | 615.3M | 357.9M | |
Common Stock Shares Outstanding | 57.5M | 55M | 53.2M | 52.5M | 50.4M | 49.6M | |
Liabilities And Stockholders Equity | 5.5B | 5.9B | 7.2B | 7.2B | 6.6B | 7.0B | |
Non Current Liabilities Total | 2.0B | 2.7B | 3.4B | 3.1B | 2.6B | 2.7B | |
Inventory | 510.6M | 432.7M | 605.1M | 748.8M | 361.7M | 319.8M | |
Other Current Assets | 76.7M | 60.2M | 284.8M | 140.8M | 1.9B | 1.9B | |
Other Stockholder Equity | (1.0B) | (1.4B) | (1.6B) | (1.9B) | (2.8B) | (2.6B) | |
Total Liab | 2.9B | 3.3B | 4.6B | 4.2B | 3.8B | 4.0B | |
Property Plant And Equipment Gross | 783.5M | 774.1M | 1.5B | 1.6B | 1.3B | 1.4B | |
Total Current Assets | 1.8B | 2.2B | 2.2B | 2.2B | 3.4B | 3.6B | |
Accumulated Other Comprehensive Income | (124.1M) | (97M) | (105.2M) | (157.8M) | (111.1M) | (116.7M) | |
Short Term Debt | 250.2M | 1.1M | 352M | 301.8M | 402.7M | 422.8M | |
Intangible Assets | 1.1B | 960.9M | 2.0B | 1.8B | 1.3B | 1.3B | |
Accounts Payable | 327.3M | 284.5M | 432.4M | 370.5M | 245.5M | 184.0M | |
Other Liab | 551M | 547.2M | 808M | 786.9M | 904.9M | 950.2M | |
Other Assets | 25.6M | 111M | 46.9M | 48.1M | 55.3M | 51.2M | |
Long Term Debt | 1.3B | 2.1B | 2.6B | 2.3B | 1.9B | 945.7M | |
Good Will | 1.7B | 1.6B | 2.2B | 2.2B | 1.2B | 989.1M | |
Treasury Stock | (1.4B) | (1.8B) | (2.1B) | (2.4B) | (2.2B) | (2.1B) | |
Property Plant Equipment | 783.5M | 774.1M | 759.9M | 822.7M | 946.1M | 633.4M | |
Current Deferred Revenue | 27M | 32.5M | 33.9M | 40.3M | 26.4M | 23.3M | |
Net Tangible Assets | (214.1M) | (235.3M) | (1.6B) | (1.0B) | (912.2M) | (866.6M) | |
Retained Earnings Total Equity | 3.7B | 3.9B | 4.2B | 5.0B | 5.8B | 3.1B | |
Long Term Debt Total | 1.3B | 2.1B | 2.6B | 2.3B | 2.6B | 1.3B | |
Capital Surpluse | 413.7M | 441.7M | 481.5M | 512.6M | 589.5M | 342.6M |
Pair Trading with Carlisle Companies
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 Carlisle Companies 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 Carlisle Companies will appreciate offsetting losses from the drop in the long position's value.Moving together with Carlisle Stock
0.95 | OC | Owens Corning | PairCorr |
0.93 | TT | Trane Technologies plc | PairCorr |
0.87 | DOOR | Masonite International | PairCorr |
Moving against Carlisle Stock
0.75 | AGRI | AgriFORCE Growing Systems | PairCorr |
0.56 | JBI | Janus International | PairCorr |
0.45 | ILAG | Intelligent Living | PairCorr |
The ability to find closely correlated positions to Carlisle Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carlisle Companies 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 Carlisle Companies - 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 Carlisle Companies Incorporated to buy it.
The correlation of Carlisle Companies 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 Carlisle Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carlisle Companies 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 Carlisle Companies 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 Carlisle Companies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Carlisle Stock analysis
When running Carlisle Companies' price analysis, check to measure Carlisle Companies' 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 Carlisle Companies is operating at the current time. Most of Carlisle Companies' value examination focuses on studying past and present price action to predict the probability of Carlisle Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlisle Companies' price. Additionally, you may evaluate how the addition of Carlisle Companies to your portfolios can decrease your overall portfolio volatility.
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Is Carlisle Companies' 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 Carlisle Companies. If investors know Carlisle 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 Carlisle Companies 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 1.021 | Dividend Share 3.3 | Earnings Share 16.14 | Revenue Per Share 97.622 | Quarterly Revenue Growth 0.228 |
The market value of Carlisle Companies is measured differently than its book value, which is the value of Carlisle that is recorded on the company's balance sheet. Investors also form their own opinion of Carlisle Companies' value that differs from its market value or its book value, called intrinsic value, which is Carlisle Companies' 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 Carlisle Companies' market value can be influenced by many factors that don't directly affect Carlisle Companies' 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 Carlisle Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carlisle Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carlisle Companies' 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.