CSW Other Liab vs Cash Analysis

CSWI Stock  USD 239.00  1.28  0.54%   
CSW Industrials financial indicator trend analysis is way more than just evaluating CSW Industrials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSW Industrials is a good investment. Please check the relationship between CSW Industrials Other Liab and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSW Industrials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.

Other Liab vs Cash

Other Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSW Industrials Other Liab account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CSW Industrials' Other Liab and Cash is -0.32. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash in the same time period over historical financial statements of CSW Industrials, assuming nothing else is changed. The correlation between historical values of CSW Industrials' Other Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of CSW Industrials are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., CSW Industrials' Other Liab and Cash go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Cash

Cash refers to the most liquid asset of CSW Industrials, which is listed under current asset account on CSW Industrials balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CSW Industrials customers. The amounts must be unrestricted with restricted cash listed in a different CSW Industrials account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from CSW Industrials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSW Industrials 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 CSW Industrials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.As of now, CSW Industrials' Selling General Administrative is increasing as compared to previous years. The CSW Industrials' current Discontinued Operations is estimated to increase to about 1.5 M, while Tax Provision is projected to decrease to under 18.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit256.0M318.2M365.9M384.2M
Total Revenue626.4M757.9M871.6M915.2M

CSW Industrials fundamental ratios Correlations

0.861.00.89-0.35-0.670.99-0.34-0.190.990.980.990.990.980.97-0.060.810.960.80.870.860.86-0.220.98-0.620.88
0.860.870.83-0.41-0.30.85-0.42-0.280.860.840.840.850.840.86-0.20.860.810.650.930.980.96-0.10.83-0.630.98
1.00.870.91-0.38-0.650.99-0.38-0.221.00.970.980.990.980.97-0.10.80.960.760.870.860.87-0.230.98-0.650.88
0.890.830.91-0.66-0.480.88-0.7-0.540.90.890.820.880.860.93-0.250.70.830.590.760.790.81-0.070.84-0.620.8
-0.35-0.41-0.38-0.660.16-0.330.780.81-0.37-0.42-0.23-0.33-0.29-0.490.13-0.29-0.29-0.18-0.31-0.4-0.37-0.15-0.270.23-0.35
-0.67-0.3-0.65-0.480.16-0.620.090.11-0.63-0.69-0.65-0.62-0.61-0.63-0.22-0.28-0.62-0.63-0.42-0.39-0.30.24-0.620.34-0.35
0.990.850.990.88-0.33-0.62-0.3-0.121.00.950.991.01.00.94-0.050.830.980.740.880.840.86-0.260.99-0.60.87
-0.34-0.42-0.38-0.70.780.09-0.30.93-0.35-0.4-0.2-0.32-0.26-0.490.4-0.17-0.24-0.11-0.24-0.36-0.35-0.27-0.230.36-0.32
-0.19-0.28-0.22-0.540.810.11-0.120.93-0.18-0.3-0.03-0.14-0.07-0.370.2-0.06-0.07-0.12-0.12-0.28-0.2-0.4-0.050.19-0.19
0.990.861.00.9-0.37-0.631.0-0.35-0.180.960.991.00.990.96-0.070.830.980.750.880.850.87-0.240.99-0.620.88
0.980.840.970.89-0.42-0.690.95-0.4-0.30.960.950.950.940.98-0.010.770.920.870.840.860.83-0.10.94-0.550.86
0.990.840.980.82-0.23-0.650.99-0.2-0.030.990.950.990.990.92-0.020.820.980.770.870.830.84-0.290.99-0.590.87
0.990.850.990.88-0.33-0.621.0-0.32-0.141.00.950.991.00.93-0.070.820.970.740.880.830.85-0.230.99-0.570.86
0.980.840.980.86-0.29-0.611.0-0.26-0.070.990.940.991.00.92-0.050.830.980.730.880.820.84-0.291.0-0.580.86
0.970.860.970.93-0.49-0.630.94-0.49-0.370.960.980.920.930.92-0.090.790.910.80.840.870.89-0.170.91-0.670.89
-0.06-0.2-0.1-0.250.13-0.22-0.050.40.2-0.07-0.01-0.02-0.07-0.05-0.090.010.050.23-0.05-0.11-0.22-0.22-0.060.3-0.13
0.810.860.80.7-0.29-0.280.83-0.17-0.060.830.770.820.820.830.790.010.840.640.910.870.91-0.130.82-0.450.92
0.960.810.960.83-0.29-0.620.98-0.24-0.070.980.920.980.970.980.910.050.840.710.850.80.83-0.320.97-0.590.85
0.80.650.760.59-0.18-0.630.74-0.11-0.120.750.870.770.740.730.80.230.640.710.670.720.67-0.030.74-0.320.72
0.870.930.870.76-0.31-0.420.88-0.24-0.120.880.840.870.880.880.84-0.050.910.850.670.930.92-0.230.87-0.570.95
0.860.980.860.79-0.4-0.390.84-0.36-0.280.850.860.830.830.820.87-0.110.870.80.720.930.95-0.070.82-0.60.98
0.860.960.870.81-0.37-0.30.86-0.35-0.20.870.830.840.850.840.89-0.220.910.830.670.920.95-0.20.84-0.70.99
-0.22-0.1-0.23-0.07-0.150.24-0.26-0.27-0.4-0.24-0.1-0.29-0.23-0.29-0.17-0.22-0.13-0.32-0.03-0.23-0.07-0.2-0.260.59-0.19
0.980.830.980.84-0.27-0.620.99-0.23-0.050.990.940.990.991.00.91-0.060.820.970.740.870.820.84-0.26-0.550.86
-0.62-0.63-0.65-0.620.230.34-0.60.360.19-0.62-0.55-0.59-0.57-0.58-0.670.3-0.45-0.59-0.32-0.57-0.6-0.70.59-0.55-0.67
0.880.980.880.8-0.35-0.350.87-0.32-0.190.880.860.870.860.860.89-0.130.920.850.720.950.980.99-0.190.86-0.67
Click cells to compare fundamentals

CSW Industrials Account Relationship Matchups

CSW Industrials fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets369.2M875.0M995.4M1.0B1.2B1.3B
Total Stockholder Equity276.7M412.0M469.1M525.7M604.5M307.1M
Non Current Assets Total219.2M660.4M695.2M720.4M828.5M869.9M
Non Currrent Assets Other7.8M76.0M82.0M67.6M77.8M81.6M
Other Assets11.0M7.8M14.3M15.6M14.0M22.2M
Common Stock Shares Outstanding15.2M15.1M15.8M15.5M14.0M12.5M
Non Current Liabilities Total33.4M380.2M393.5M391.3M450.0M472.5M
Other Current Assets3.1M9.7M10.6M20.3M18.3M20.4M
Other Stockholder Equity(27.1M)70.6M66.5M40.6M36.5M46.2M
Total Liab92.5M462.9M510.9M499.3M574.2M602.9M
Total Current Assets150.0M214.6M300.1M323.1M371.5M390.1M
Intangible Assets46.2M283.1M300.8M318.9M366.7M385.1M
Short Long Term Debt Total29.1M242.3M252.8M253M291.0M305.5M
Net Debt10.8M232.2M236.2M234.5M269.7M283.2M
Total Current Liabilities59.1M82.7M117.4M108.0M124.2M130.5M
Other Current Liab30.7M48.3M68.0M57.0M65.5M36.1M
Other Liab8.4M6.4M81.0M78.1M89.8M94.3M
Net Tangible Assets138.9M(89.8M)484.4M544.1M625.8M657.0M
Property Plant And Equipment Net73.6M82.6M87.0M88.2M101.5M75.2M
Retained Earnings315.1M347.2M407.5M493.3M567.3M324.4M
Accounts Payable22.0M32.4M47.8M40.7M46.7M24.4M
Cash18.3M10.1M16.6M18.5M16.6M14.9M
Long Term Debt10.3M241.8M252.2M253M291.0M305.5M
Cash And Short Term Investments18.3M10.1M16.6M18.5M16.6M18.0M
Net Receivables74.9M96.7M122.8M122.8M141.2M84.3M
Good Will91.7M218.8M224.7M242.7M279.2M293.1M
Common Stock Total Equity159K161K162K163K187.5K142.8K
Liabilities And Stockholders Equity369.2M875.0M995.4M1.0B1.2B1.3B
Inventory53.8M98.1M150.1M161.6M185.8M195.1M
Property Plant And Equipment Gross73.6M144.3M87.0M88.2M101.5M82.0M
Accumulated Other Comprehensive Income(11.4M)(6.0M)(5.1M)(8.4M)(7.6M)(7.9M)
Treasury Stock(50.0M)(75.4M)(34.1M)(46.4M)(41.8M)(39.7M)
Common Stock159K161K162K163K187.5K142.8K
Property Plant Equipment73.6M82.6M87.0M88.2M101.5M74.5M
Long Term Debt Total10.3M241.8M252.2M253M291.0M305.5M
Capital Surpluse48.3M104.7M112.9M123.3M141.8M148.9M
Current Deferred Revenue2.9M1.5M1.0M637K573.3K544.6K

Pair Trading with CSW Industrials

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 CSW Industrials 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 CSW Industrials will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSW Stock

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Moving against CSW Stock

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The ability to find closely correlated positions to CSW Industrials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSW Industrials 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 CSW Industrials - 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 CSW Industrials to buy it.
The correlation of CSW Industrials 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 CSW Industrials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSW Industrials 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 CSW Industrials 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 CSW Industrials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSW Industrials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csw Industrials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csw Industrials Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSW Industrials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in CSW Stock please use our How to Invest in CSW Industrials guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is CSW Industrials' 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 CSW Industrials. If investors know CSW 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 CSW Industrials 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
(0.41)
Dividend Share
0.74
Earnings Share
6.24
Revenue Per Share
50.102
Quarterly Revenue Growth
0.023
The market value of CSW Industrials is measured differently than its book value, which is the value of CSW that is recorded on the company's balance sheet. Investors also form their own opinion of CSW Industrials' value that differs from its market value or its book value, called intrinsic value, which is CSW Industrials' 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 CSW Industrials' market value can be influenced by many factors that don't directly affect CSW Industrials' 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 CSW Industrials' value and its price as these two are different measures arrived at by different means. Investors typically determine if CSW Industrials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSW Industrials' 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.