CPI Total Operating Expenses vs Income Tax Expense Analysis
CVU Stock | USD 2.65 0.06 2.21% |
CPI Aerostructures financial indicator trend analysis is way more than just evaluating CPI Aerostructures prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CPI Aerostructures is a good investment. Please check the relationship between CPI Aerostructures Total Operating Expenses and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CPI Aerostructures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy CPI Stock please use our How to Invest in CPI Aerostructures guide.
Total Operating Expenses vs Income Tax Expense
Total Operating Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CPI Aerostructures Total Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CPI Aerostructures' Total Operating Expenses and Income Tax Expense is -0.09. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of CPI Aerostructures, assuming nothing else is changed. The correlation between historical values of CPI Aerostructures' Total Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of CPI Aerostructures are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Operating Expenses i.e., CPI Aerostructures' Total Operating Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Income Tax Expense
Most indicators from CPI Aerostructures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CPI Aerostructures 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 CPI Aerostructures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy CPI Stock please use our How to Invest in CPI Aerostructures guide.Sales General And Administrative To Revenue is likely to gain to 0.21 in 2024, whereas Selling General Administrative is likely to drop slightly above 10.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1M | 2.3M | 2.5M | 2.6M | Depreciation And Amortization | 1.0M | 688.1K | 471.0K | 614.8K |
CPI Aerostructures fundamental ratios Correlations
Click cells to compare fundamentals
CPI Aerostructures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CPI Aerostructures fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.3M | 49.7M | 55.0M | 59.4M | 76.9M | 59.9M | |
Short Long Term Debt Total | 35.3M | 37.8M | 34.2M | 29.7M | 25.2M | 17.1M | |
Other Current Liab | 5.0M | 6.5M | 10.6M | 11.5M | 10.6M | 11.2M | |
Total Current Liabilities | 21.0M | 28.6M | 31.1M | 30.3M | 31.5M | 20.0M | |
Total Stockholder Equity | (7.7M) | (8.3M) | (5.3M) | 4.2M | 22.1M | 31.4M | |
Property Plant And Equipment Net | 7.2M | 6.6M | 9.4M | 7.7M | 5.5M | 3.2M | |
Net Debt | 31.2M | 31.8M | 27.9M | 25.8M | 20.1M | 14.5M | |
Retained Earnings | (79.0M) | (80.4M) | (78.2M) | (69.0M) | (51.8M) | (49.2M) | |
Accounts Payable | 8.2M | 12.1M | 10.4M | 8.0M | 10.5M | 7.3M | |
Cash | 4.1M | 6.0M | 6.3M | 3.8M | 5.1M | 5.3M | |
Non Current Assets Total | 9.5M | 8.8M | 11.7M | 16.2M | 30.0M | 31.5M | |
Non Currrent Assets Other | 179.1K | 191.2K | 372.7K | 238.7K | 189.8K | 345.8K | |
Cash And Short Term Investments | 4.1M | 6.0M | 6.3M | 3.8M | 5.1M | 5.3M | |
Net Receivables | 22.8M | 24.7M | 32.3M | 35.9M | 39.7M | 42.5M | |
Common Stock Shares Outstanding | 11.8M | 11.9M | 12.2M | 12.4M | 12.5M | 6.6M | |
Liabilities And Stockholders Equity | 44.3M | 49.7M | 55.0M | 59.4M | 76.9M | 59.9M | |
Non Current Liabilities Total | 31.1M | 29.5M | 29.2M | 24.9M | 23.3M | 24.5M | |
Other Current Assets | 722.0K | 534.9K | 625.1K | 975.8K | 678.0K | 644.1K | |
Other Stockholder Equity | 71.3M | 72.0M | 72.8M | 73.2M | 73.9M | 37.4M | |
Total Liab | 52.1M | 58.0M | 60.3M | 55.3M | 54.8M | 28.5M | |
Total Current Assets | 34.8M | 40.9M | 43.3M | 43.2M | 46.9M | 53.6M | |
Short Term Debt | 4.2M | 8.3M | 4.9M | 4.7M | 4.4M | 4.2M | |
Inventory | 5.9M | 9.6M | 4.0M | 2.5M | 1.4M | 1.4M | |
Other Assets | 179.1K | 4.3M | 372.7K | 6.8M | 1.0 | 0.95 | |
Long Term Debt | 28.5M | 26.9M | 22.6M | 19.9M | 17.6M | 18.5M | |
Common Stock Total Equity | 8.9K | 11.7K | 11.8K | 12.5K | 14.4K | 8.1K | |
Common Stock | 11.8K | 12.0K | 12.3K | 12.5K | 12.8K | 8.5K | |
Property Plant Equipment | 7.2M | 2.5M | 9.4M | 1.1M | 1.3M | 2.6M | |
Current Deferred Revenue | 3.6M | 1.7M | 5.1M | 6.0M | 5.9M | 6.2M | |
Net Tangible Assets | (9.9M) | (10.4M) | (7.2M) | 2.4M | 2.2M | 2.1M | |
Retained Earnings Total Equity | 22.8M | (79.0M) | (80.4M) | (69.0M) | (62.1M) | (59.0M) | |
Long Term Debt Total | 28.5M | 26.9M | 22.8M | 19.9M | 22.9M | 11.5M | |
Capital Surpluse | 71.3M | 72.0M | 72.8M | 73.2M | 84.2M | 64.7M | |
Deferred Long Term Liab | 71K | 84K | 265K | 131K | 117.9K | 112.0K | |
Non Current Liabilities Other | 531.1K | 2.6M | 2.5M | 5.1M | 5.8M | 6.1M |
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 CPI Aerostructures 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, CPI Aerostructures' short interest history, or implied volatility extrapolated from CPI Aerostructures options trading.
Pair Trading with CPI Aerostructures
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 CPI Aerostructures 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 CPI Aerostructures will appreciate offsetting losses from the drop in the long position's value.Moving against CPI Stock
0.62 | EVTL | Vertical Aerospace | PairCorr |
0.58 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
0.57 | DRS | Leonardo DRS Common Financial Report 1st of May 2024 | PairCorr |
0.56 | ERJ | Embraer SA ADR Financial Report 2nd of May 2024 | PairCorr |
0.53 | CW | Curtiss Wright Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to CPI Aerostructures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CPI Aerostructures 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 CPI Aerostructures - 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 CPI Aerostructures to buy it.
The correlation of CPI Aerostructures 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 CPI Aerostructures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CPI Aerostructures 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 CPI Aerostructures 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 CPI Aerostructures. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy CPI Stock please use our How to Invest in CPI Aerostructures guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for CPI Stock analysis
When running CPI Aerostructures' price analysis, check to measure CPI Aerostructures' 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 CPI Aerostructures is operating at the current time. Most of CPI Aerostructures' value examination focuses on studying past and present price action to predict the probability of CPI Aerostructures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CPI Aerostructures' price. Additionally, you may evaluate how the addition of CPI Aerostructures to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |
Is CPI Aerostructures' 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 CPI Aerostructures. If investors know CPI 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 CPI Aerostructures 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 1.27 | Earnings Share 1.38 | Revenue Per Share 7.023 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0589 |
The market value of CPI Aerostructures is measured differently than its book value, which is the value of CPI that is recorded on the company's balance sheet. Investors also form their own opinion of CPI Aerostructures' value that differs from its market value or its book value, called intrinsic value, which is CPI Aerostructures' 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 CPI Aerostructures' market value can be influenced by many factors that don't directly affect CPI Aerostructures' 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 CPI Aerostructures' value and its price as these two are different measures arrived at by different means. Investors typically determine if CPI Aerostructures is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CPI Aerostructures' 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.