Curtiss Common Stock Total Equity vs Total Current Liabilities Analysis
CW Stock | USD 273.01 4.32 1.56% |
Curtiss Wright financial indicator trend analysis is way more than just evaluating Curtiss Wright prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curtiss Wright is a good investment. Please check the relationship between Curtiss Wright Common Stock Total Equity and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Curtiss Wright. 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 information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.
Common Stock Total Equity vs Total Current Liabilities
Common Stock Total Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Curtiss Wright Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Curtiss Wright's Common Stock Total Equity and Total Current Liabilities is 0.76. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Curtiss Wright, assuming nothing else is changed. The correlation between historical values of Curtiss Wright's Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Curtiss Wright are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Curtiss Wright's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Total Current Liabilities
Total Current Liabilities is an item on Curtiss Wright balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Curtiss Wright are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Curtiss Wright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curtiss Wright 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 Curtiss Wright. 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 information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.At this time, Curtiss Wright's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 27.91 in 2024, whereas Discontinued Operations is likely to drop (1.9 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 40.2M | 47.0M | 51.4M | 54.0M | Depreciation And Amortization | 114.4M | 112.0M | 116.2M | 59.6M |
Curtiss Wright fundamental ratios Correlations
Click cells to compare fundamentals
Curtiss Wright Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Curtiss Wright fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.0B | 4.1B | 4.4B | 4.6B | 4.9B | |
Short Long Term Debt Total | 905.8M | 1.2B | 1.2B | 1.4B | 1.2B | 1.2B | |
Other Current Liab | 219.8M | 255.7M | 237.7M | 259.9M | 228.2M | 131.5M | |
Total Current Liabilities | 744.7M | 810.4M | 734.9M | 971.4M | 806.5M | 846.9M | |
Total Stockholder Equity | 1.8B | 1.8B | 1.8B | 2.0B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 551.1M | 529.1M | 503.6M | 496.6M | 474.2M | 309.7M | |
Net Debt | 514.7M | 993.1M | 1.0B | 1.1B | 762.1M | 800.2M | |
Retained Earnings | 2.5B | 2.7B | 2.9B | 3.2B | 3.5B | 3.7B | |
Accounts Payable | 222M | 201.2M | 211.6M | 266.5M | 243.8M | 256.0M | |
Cash | 391.0M | 198.2M | 171.0M | 257.0M | 406.9M | 427.2M | |
Non Current Assets Total | 2.2B | 2.7B | 2.8B | 2.9B | 2.9B | 3.0B | |
Non Currrent Assets Other | 36.8M | 126.6M | 291.0M | 270.2M | 313.2M | 328.9M | |
Cash And Short Term Investments | 391.0M | 198.2M | 171.0M | 257.0M | 406.9M | 427.2M | |
Net Receivables | 632.2M | 588.7M | 647.1M | 724.6M | 732.7M | 769.3M | |
Common Stock Shares Outstanding | 43.0M | 42.0M | 40.6M | 38.6M | 38.5M | 47.2M | |
Liabilities And Stockholders Equity | 3.8B | 4.0B | 4.1B | 4.4B | 4.6B | 4.9B | |
Non Current Liabilities Total | 1.2B | 1.4B | 1.5B | 1.5B | 1.5B | 1.6B | |
Inventory | 424.8M | 428.9M | 411.6M | 483.1M | 510.0M | 535.5M | |
Other Current Assets | 81.7M | 57.4M | 67.1M | 52.6M | 67.5M | 38.2M | |
Other Stockholder Equity | (446.7M) | (621.1M) | (941.1M) | (972.5M) | (995.3M) | (945.5M) | |
Total Liab | 2.0B | 2.2B | 2.3B | 2.5B | 2.3B | 2.4B | |
Property Plant And Equipment Gross | 551.1M | 529.1M | 503.6M | 496.6M | 1.3B | 1.4B | |
Total Current Assets | 1.5B | 1.3B | 1.3B | 1.5B | 1.7B | 1.8B | |
Accumulated Other Comprehensive Income | (325.3M) | (310.9M) | (190.5M) | (258.9M) | (213.2M) | (202.6M) | |
Short Term Debt | 26.8M | 100M | 25.4M | 202.5M | 30.6M | 31.0M | |
Intangible Assets | 479.9M | 609.6M | 538.1M | 620.9M | 557.6M | 359.9M | |
Other Liab | 328.4M | 332.0M | 355.4M | 293.9M | 338.0M | 241.2M | |
Other Assets | 36.8M | 277.5M | 291.0M | 270.2M | 310.7M | 326.3M | |
Long Term Debt | 760.6M | 958.3M | 1.1B | 1.1B | 1.0B | 674.5M | |
Good Will | 1.2B | 1.5B | 1.5B | 1.5B | 1.6B | 889.3M | |
Treasury Stock | (562.7M) | (743.6M) | (1.1B) | (1.1B) | (996.4M) | (946.6M) | |
Property Plant Equipment | 385.6M | 378.2M | 503.6M | 342.7M | 394.1M | 385.8M | |
Current Deferred Revenue | 276.1M | 253.4M | 260.2M | 242.5M | 303.9M | 182.3M | |
Net Tangible Assets | 127.8M | (277.2M) | (174.6M) | (173.4M) | (156.1M) | (148.3M) | |
Retained Earnings Total Equity | 2.5B | 2.7B | 2.9B | 3.2B | 3.7B | 2.1B | |
Long Term Debt Total | 760.6M | 958.3M | 1.1B | 1.1B | 1.2B | 914.5M | |
Capital Surpluse | 116.1M | 122.5M | 127.1M | 134.6M | 121.1M | 107.5M | |
Deferred Long Term Liab | 80.2M | 115.0M | 147.3M | 123.0M | 141.5M | 82.9M |
Pair Trading with Curtiss Wright
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 Curtiss Wright 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 Curtiss Wright will appreciate offsetting losses from the drop in the long position's value.Moving together with Curtiss Stock
0.78 | EH | Ehang Holdings | PairCorr |
0.9 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
Moving against Curtiss Stock
0.82 | AZ | A2Z Smart Technologies Earnings Call Today | PairCorr |
0.65 | BA | Boeing Sell-off Trend | PairCorr |
0.49 | EVEX | Eve Holding | PairCorr |
0.43 | ESLT | Elbit Systems Financial Report 4th of June 2024 | PairCorr |
0.41 | PL | Planet Labs PBC Financial Report 13th of June 2024 | PairCorr |
The ability to find closely correlated positions to Curtiss Wright could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curtiss Wright 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 Curtiss Wright - 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 Curtiss Wright to buy it.
The correlation of Curtiss Wright 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 Curtiss Wright moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curtiss Wright 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 Curtiss Wright 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 Curtiss Wright. 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 information on how to buy Curtiss Stock please use our How to Invest in Curtiss Wright guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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Is Curtiss Wright'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 Curtiss Wright. If investors know Curtiss 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 Curtiss Wright 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 0.345 | Dividend Share 0.8 | Earnings Share 9.71 | Revenue Per Share 76.499 | Quarterly Revenue Growth 0.13 |
The market value of Curtiss Wright is measured differently than its book value, which is the value of Curtiss that is recorded on the company's balance sheet. Investors also form their own opinion of Curtiss Wright's value that differs from its market value or its book value, called intrinsic value, which is Curtiss Wright'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 Curtiss Wright's market value can be influenced by many factors that don't directly affect Curtiss Wright'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 Curtiss Wright's value and its price as these two are different measures arrived at by different means. Investors typically determine if Curtiss Wright is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curtiss Wright'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.