Comtech Income Statement Research
| CMTL Stock | USD 1.75 0.17 10.76% |
Comtech |
Most accounts from Comtech Telecommunicatio's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comtech Telecommunicatio current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Comtech Telecommunicatio Valuation and Comtech Telecommunicatio Correlation analysis. At this time, Comtech Telecommunicatio's Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 229.5 M this year, although the value of Total Revenue will most likely fall to about 328.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.0M | 16.2M | 18.6M | 19.5M | Depreciation And Amortization | 21.4M | 33.3M | 38.3M | 40.2M |
Comtech Telecommunicatio income statement Correlations
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Comtech Telecommunicatio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comtech Telecommunicatio income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 6.1M | 6.8M | 5.0M | 16.2M | 18.6M | 19.5M | |
| Total Revenue | 616.7M | 581.7M | 486.2M | 550.0M | 632.5M | 328.3M | |
| Gross Profit | 226.8M | 214.0M | 179.8M | 184.5M | 212.1M | 128.3M | |
| Operating Income | 36.1M | 32.1M | (8.2M) | (14.7M) | (16.9M) | (16.0M) | |
| Ebit | 36.1M | 32.1M | (8.2M) | (5.6M) | (6.4M) | (6.1M) | |
| Ebitda | 57.7M | 53.2M | 13.1M | 27.7M | 31.9M | 45.4M | |
| Cost Of Revenue | 389.9M | 367.7M | 306.4M | 365.5M | 420.4M | 441.4M | |
| Income Before Tax | 9.3M | (75.0M) | (37.1M) | (30.8M) | (35.5M) | (33.7M) | |
| Net Income | 7.0M | (73.5M) | (33.1M) | (26.9M) | (30.9M) | (29.4M) | |
| Income Tax Expense | 2.3M | (1.5M) | (4.0M) | (3.9M) | (4.5M) | (4.3M) | |
| Research Development | 52.2M | 49.1M | 52.5M | 48.6M | 55.9M | 31.0M | |
| Tax Provision | 2.3M | (1.5M) | (4.0M) | (3.9M) | (3.6M) | (3.4M) | |
| Interest Income | 35K | 190K | 139K | 703K | 632.7K | 907.9K | |
| Net Interest Income | (5.9M) | (6.7M) | (4.3M) | (16.2M) | (14.6M) | (13.8M) |
Pair Trading with Comtech Telecommunicatio
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 Comtech Telecommunicatio 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 Comtech Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.Moving together with Comtech Stock
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The ability to find closely correlated positions to Comtech Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comtech Telecommunicatio 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 Comtech Telecommunicatio - 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 Comtech Telecommunications Corp to buy it.
The correlation of Comtech Telecommunicatio 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 Comtech Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comtech Telecommunicatio 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 Comtech Telecommunicatio 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 Comtech Telecommunicatio Valuation and Comtech Telecommunicatio Correlation analysis. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Comtech Telecommunicatio's price analysis, check to measure Comtech Telecommunicatio'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 Comtech Telecommunicatio is operating at the current time. Most of Comtech Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Comtech Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comtech Telecommunicatio's price. Additionally, you may evaluate how the addition of Comtech Telecommunicatio to your portfolios can decrease your overall portfolio volatility.
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Is Comtech Telecommunicatio'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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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 5.87 | Earnings Share (1.70) | Revenue Per Share 20.109 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0083 |
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.