CVD Days Of Inventory On Hand vs Capex To Depreciation Analysis

CVV Stock  USD 4.40  0.01  0.23%   
CVD Equipment financial indicator trend analysis is way more than just evaluating CVD Equipment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVD Equipment is a good investment. Please check the relationship between CVD Equipment Days Of Inventory On Hand and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVD Equipment. 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 CVD Stock please use our How to Invest in CVD Equipment guide.

Days Of Inventory On Hand vs Capex To Depreciation

Days Of Inventory On Hand vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVD Equipment Days Of Inventory On Hand account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CVD Equipment's Days Of Inventory On Hand and Capex To Depreciation is -0.02. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of CVD Equipment, assuming nothing else is changed. The correlation between historical values of CVD Equipment's Days Of Inventory On Hand and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of CVD Equipment are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Of Inventory On Hand i.e., CVD Equipment's Days Of Inventory On Hand and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Of Inventory On Hand

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from CVD Equipment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVD Equipment 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 CVD Equipment. 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 CVD Stock please use our How to Invest in CVD Equipment guide.Enterprise Value is likely to climb to about 26.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense261.4K8K23K21.9K
Depreciation And Amortization742.3K867K792K661.1K

CVD Equipment fundamental ratios Correlations

0.660.370.410.950.77-0.010.110.60.40.580.80.120.580.640.740.80.42-0.290.920.840.710.670.340.810.66
0.66-0.07-0.210.470.92-0.460.780.37-0.06-0.090.920.36-0.090.250.290.36-0.17-0.220.460.830.71-0.040.350.370.99
0.37-0.070.790.320.00.03-0.210.250.610.280.01-0.060.280.60.260.260.65-0.070.320.36-0.030.590.060.28-0.1
0.41-0.210.790.41-0.010.51-0.490.050.810.580.0-0.320.580.40.560.530.64-0.130.510.330.160.69-0.020.54-0.2
0.950.470.320.410.580.01-0.120.690.360.740.630.090.740.660.750.810.49-0.250.940.630.580.80.370.820.48
0.770.920.0-0.010.58-0.170.640.240.080.011.00.170.010.280.520.59-0.07-0.350.630.890.890.040.290.590.92
-0.01-0.460.030.510.01-0.17-0.61-0.40.360.33-0.17-0.450.33-0.20.290.230.28-0.070.13-0.050.040.19-0.50.23-0.46
0.110.78-0.21-0.49-0.120.64-0.610.0-0.31-0.670.610.31-0.67-0.04-0.17-0.13-0.44-0.18-0.110.470.42-0.580.13-0.140.75
0.60.370.250.050.690.24-0.40.0-0.050.470.310.380.470.630.090.150.35-0.10.440.310.020.610.280.170.33
0.4-0.060.610.810.360.080.36-0.31-0.050.430.08-0.380.430.510.540.530.43-0.140.460.380.320.560.120.53-0.03
0.58-0.090.280.580.740.010.33-0.670.470.430.05-0.081.00.350.630.630.50.050.710.170.130.890.250.65-0.06
0.80.920.010.00.631.0-0.170.610.310.080.050.190.050.320.510.59-0.04-0.340.650.90.870.090.270.590.92
0.120.36-0.06-0.320.090.17-0.450.310.38-0.38-0.080.19-0.08-0.05-0.16-0.20.010.20.010.15-0.09-0.040.35-0.170.34
0.58-0.090.280.580.740.010.33-0.670.470.431.00.05-0.080.350.630.620.50.050.710.170.130.890.250.65-0.06
0.640.250.60.40.660.28-0.2-0.040.630.510.350.32-0.050.350.320.410.47-0.410.530.450.260.670.250.380.24
0.740.290.260.560.750.520.29-0.170.090.540.630.51-0.160.630.320.970.46-0.20.910.540.730.590.260.970.32
0.80.360.260.530.810.590.23-0.130.150.530.630.59-0.20.620.410.970.39-0.30.940.60.770.60.341.00.4
0.42-0.170.650.640.49-0.070.28-0.440.350.430.5-0.040.010.50.470.460.39-0.130.460.2-0.050.74-0.160.4-0.24
-0.29-0.22-0.07-0.13-0.25-0.35-0.07-0.18-0.1-0.140.05-0.340.20.05-0.41-0.2-0.3-0.13-0.27-0.28-0.36-0.05-0.14-0.23-0.24
0.920.460.320.510.940.630.13-0.110.440.460.710.650.010.710.530.910.940.46-0.270.670.710.720.340.940.48
0.840.830.360.330.630.89-0.050.470.310.380.170.90.150.170.450.540.60.2-0.280.670.760.290.20.610.81
0.710.71-0.030.160.580.890.040.420.020.320.130.87-0.090.130.260.730.77-0.05-0.360.710.760.10.290.760.75
0.67-0.040.590.690.80.040.19-0.580.610.560.890.09-0.040.890.670.590.60.74-0.050.720.290.10.220.62-0.04
0.340.350.06-0.020.370.29-0.50.130.280.120.250.270.350.250.250.260.34-0.16-0.140.340.20.290.220.350.46
0.810.370.280.540.820.590.23-0.140.170.530.650.59-0.170.650.380.971.00.4-0.230.940.610.760.620.350.41
0.660.99-0.1-0.20.480.92-0.460.750.33-0.03-0.060.920.34-0.060.240.320.4-0.24-0.240.480.810.75-0.040.460.41
Click cells to compare fundamentals

CVD Equipment Account Relationship Matchups

CVD Equipment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.7M40.9M35.5M37.9M35.0M29.1M
Short Long Term Debt Total12.1M13.8M1.8M426K349K331.6K
Other Current Liab1.9M1.4M1.8M2.6M2.4M1.9M
Total Current Liabilities5.4M3.7M6.3M8.2M8.6M4.3M
Total Stockholder Equity30.0M24.1M29.2M29.4M26.2M20.5M
Property Plant And Equipment Net32.1M28.8M12.3M12.6M12.2M12.0M
Current Deferred Revenue2.3M786.7K1.7M4.0M4.9M5.2M
Net Debt3.4M6.1M(14.9M)(13.9M)(13.7M)(13.0M)
Retained Earnings3.2M(2.9M)1.8M1.6M(2.6M)(2.4M)
Accounts Payable535.4K817.9K1.2M1.5M1.2M785.2K
Cash8.7M7.7M16.7M14.4M14.0M7.9M
Non Current Assets Total32.6M29.1M12.5M14.3M12.2M13.2M
Non Currrent Assets Other13.7K13.3K9.2K(3.0M)9.0K8.5K
Cash And Short Term Investments8.7M7.7M16.7M14.4M14.0M8.0M
Net Receivables3.1M2.3M4.7M6.0M3.5M4.0M
Common Stock Total Equity65.4K66.2K66.8K67K77.1K51.6K
Common Stock Shares Outstanding6.6M6.6M6.7M6.7M6.8M5.3M
Liabilities And Stockholders Equity46.7M40.9M35.5M37.9M35.0M29.1M
Inventory1.7M1.1M1.2M2.5M4.5M2.6M
Other Current Assets733.3K709K494K797K852K732.5K
Other Stockholder Equity26.7M27.0M27.3M27.7M28.7M17.9M
Total Liab16.8M16.8M6.3M8.5M8.8M8.5M
Property Plant And Equipment Gross32.1M28.8M21.7M22.6M22.7M13.2M
Total Current Assets14.2M11.8M23.1M23.7M22.8M15.8M
Short Term Debt674.6K690.7K1.8M77K81K77.0K
Common Stock66.2K66.8K67.2K67K68K53.3K
Non Current Liabilities Total11.4M13.1M4.6M349K268.0K254.6K
Long Term Debt12.1M11.4M13.1M349K268K254.6K
Property Plant Equipment32.1M28.8M12.3M12.6M14.5M13.8M
Intangible Assets441.2K288.7K182.8K119K9K8.6K
Net Tangible Assets30.0M23.8M29.0M29.3M26.4M25.3M
Retained Earnings Total Equity10.2M3.2M(2.9M)1.6M1.5M1.4M
Long Term Debt Total12.7M12.1M11.4M349K401.4K381.3K
Capital Surpluse26.1M26.7M27.0M27.7M31.9M26.8M
Short Long Term Debt674.6K690.7K1.8M77K81K77.0K
Net Invested Capital42.0M37.9M31.0M29.8M26.6M30.9M

Pair Trading with CVD Equipment

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 CVD Equipment 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 CVD Equipment will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CVD Equipment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVD Equipment 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 CVD Equipment - 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 CVD Equipment to buy it.
The correlation of CVD Equipment 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 CVD Equipment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVD Equipment 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 CVD Equipment 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 CVD Equipment is a strong investment it is important to analyze CVD Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVD Equipment's future performance. For an informed investment choice regarding CVD Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVD Equipment. 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 CVD Stock please use our How to Invest in CVD Equipment guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running CVD Equipment's price analysis, check to measure CVD Equipment's 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 CVD Equipment is operating at the current time. Most of CVD Equipment's value examination focuses on studying past and present price action to predict the probability of CVD Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVD Equipment's price. Additionally, you may evaluate how the addition of CVD Equipment to your portfolios can decrease your overall portfolio volatility.
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Is CVD Equipment's 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 CVD Equipment. If investors know CVD 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 CVD Equipment 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
(0.99)
Earnings Share
(0.83)
Revenue Per Share
2.726
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.11)
The market value of CVD Equipment is measured differently than its book value, which is the value of CVD that is recorded on the company's balance sheet. Investors also form their own opinion of CVD Equipment's value that differs from its market value or its book value, called intrinsic value, which is CVD Equipment's 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 CVD Equipment's market value can be influenced by many factors that don't directly affect CVD Equipment's 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 CVD Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVD Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVD Equipment's 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.