CVD Invested Capital vs Capex To Depreciation Analysis
CVV Stock | USD 4.15 0.20 4.60% |
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 Invested Capital 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 closely tied 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.
Invested Capital vs Capex To Depreciation
Invested Capital 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 Invested Capital account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CVD Equipment's Invested Capital and Capex To Depreciation is -0.33. Overlapping area represents the amount of variation of Invested Capital 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 Invested Capital 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 Invested Capital 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 Invested Capital i.e., CVD Equipment's Invested Capital and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to CVD Equipment. There are two different methods for calculating CVD Equipment invested capital: operating approach and financing approach. Understanding CVD Equipment invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.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 closely tied 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 Expense | 261.4K | 8K | 23K | 21.9K | Depreciation And Amortization | 742.3K | 867K | 792K | 661.1K |
CVD Equipment fundamental ratios Correlations
Click cells to compare fundamentals
CVD Equipment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CVD Equipment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.7M | 40.9M | 35.5M | 37.9M | 35.0M | 29.1M | |
Short Long Term Debt Total | 12.1M | 13.8M | 1.8M | 426K | 349K | 331.6K | |
Other Current Liab | 1.9M | 1.4M | 1.8M | 2.6M | 2.4M | 1.9M | |
Total Current Liabilities | 5.4M | 3.7M | 6.3M | 8.2M | 8.6M | 4.3M | |
Total Stockholder Equity | 30.0M | 24.1M | 29.2M | 29.4M | 26.2M | 20.5M | |
Property Plant And Equipment Net | 32.1M | 28.8M | 12.3M | 12.6M | 12.2M | 12.0M | |
Current Deferred Revenue | 2.3M | 786.7K | 1.7M | 4.0M | 4.9M | 5.2M | |
Net Debt | 3.4M | 6.1M | (14.9M) | (13.9M) | (13.7M) | (13.0M) | |
Retained Earnings | 3.2M | (2.9M) | 1.8M | 1.6M | (2.6M) | (2.4M) | |
Accounts Payable | 535.4K | 817.9K | 1.2M | 1.5M | 1.2M | 785.2K | |
Cash | 8.7M | 7.7M | 16.7M | 14.4M | 14.0M | 7.9M | |
Non Current Assets Total | 32.6M | 29.1M | 12.5M | 14.3M | 12.2M | 13.2M | |
Non Currrent Assets Other | 13.7K | 13.3K | 9.2K | (3.0M) | 9.0K | 8.5K | |
Cash And Short Term Investments | 8.7M | 7.7M | 16.7M | 14.4M | 14.0M | 8.0M | |
Net Receivables | 3.1M | 2.3M | 4.7M | 6.0M | 3.5M | 4.0M | |
Common Stock Total Equity | 65.4K | 66.2K | 66.8K | 67K | 77.1K | 51.6K | |
Common Stock Shares Outstanding | 6.6M | 6.6M | 6.7M | 6.7M | 6.8M | 5.3M | |
Liabilities And Stockholders Equity | 46.7M | 40.9M | 35.5M | 37.9M | 35.0M | 29.1M | |
Inventory | 1.7M | 1.1M | 1.2M | 2.5M | 4.5M | 2.6M | |
Other Current Assets | 733.3K | 709K | 494K | 797K | 852K | 732.5K | |
Other Stockholder Equity | 26.7M | 27.0M | 27.3M | 27.7M | 28.7M | 17.9M | |
Total Liab | 16.8M | 16.8M | 6.3M | 8.5M | 8.8M | 8.5M | |
Property Plant And Equipment Gross | 32.1M | 28.8M | 21.7M | 22.6M | 22.7M | 13.2M | |
Total Current Assets | 14.2M | 11.8M | 23.1M | 23.7M | 22.8M | 15.8M | |
Short Term Debt | 674.6K | 690.7K | 1.8M | 77K | 81K | 77.0K | |
Common Stock | 66.2K | 66.8K | 67.2K | 67K | 68K | 53.3K | |
Non Current Liabilities Total | 11.4M | 13.1M | 4.6M | 349K | 268.0K | 254.6K | |
Long Term Debt | 12.1M | 11.4M | 13.1M | 349K | 268K | 254.6K | |
Property Plant Equipment | 32.1M | 28.8M | 12.3M | 12.6M | 14.5M | 13.8M | |
Intangible Assets | 441.2K | 288.7K | 182.8K | 119K | 9K | 8.6K | |
Net Tangible Assets | 30.0M | 23.8M | 29.0M | 29.3M | 26.4M | 25.3M | |
Retained Earnings Total Equity | 10.2M | 3.2M | (2.9M) | 1.6M | 1.5M | 1.4M | |
Long Term Debt Total | 12.7M | 12.1M | 11.4M | 349K | 401.4K | 381.3K | |
Capital Surpluse | 26.1M | 26.7M | 27.0M | 27.7M | 31.9M | 26.8M | |
Short Long Term Debt | 674.6K | 690.7K | 1.8M | 77K | 81K | 77.0K | |
Net Invested Capital | 42.0M | 37.9M | 31.0M | 29.8M | 26.6M | 30.9M |
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.Moving against CVD Stock
0.56 | HCP | Hashicorp | PairCorr |
0.55 | VISL | Vislink Technologies | PairCorr |
0.5 | ERIC | Telefonaktiebolaget Financial Report 12th of July 2024 | PairCorr |
0.35 | EVCM | EverCommerce Earnings Call Next Week | PairCorr |
0.33 | KN | Knowles Cor | PairCorr |
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.Additional Tools for CVD Stock Analysis
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.