Comtech Historical Balance Sheet

CMTL Stock  USD 14.96  0.10  0.67%   
Trend analysis of Comtech Telecommunications Corp balance sheet accounts such as Receivables of 104.4 M, Accounts Payable of 45.3 M or Total Assets of 809.3 M provides information on Comtech Telecommunicatio's total assets, liabilities, and equity, which is the actual value of Comtech Telecommunicatio to its prevalent stockholders. By breaking down trends over time using Comtech Telecommunicatio balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Comtech Telecommunicatio prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Comtech Telecommunicatio is a good buy for the upcoming year.
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About Comtech Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Comtech Telecommunicatio at a specified time, usually calculated after every quarter, six months, or one year. Comtech Telecommunicatio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Comtech Telecommunicatio and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Comtech currently owns. An asset can also be divided into two categories, current and non-current.

Comtech Telecommunicatio Balance Sheet Chart

Comtech Telecommunicatio Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Comtech Telecommunicatio uses and utilizes its capital. It also shows what exactly a company owns and owes.
Comtech Telecommunicatio Accumulated Retained Earnings Deficit are relatively stable at the moment as compared to the past year. The company's current value of Accumulated Retained Earnings Deficit is estimated at 325.09 Million. Tax Liabilities is expected to hike to about 29.7 M this year, although the value of Receivables will most likely fall to nearly 104.4 M.

Total Assets

Total assets refers to the total amount of Comtech Telecommunicatio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Comtech Telecommunicatio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; [Investments]; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Comtech Telecommunications Corp include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Comtech Telecommunicatio. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Comtech Telecommunications Corp balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Comtech Telecommunicatio books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Comtech Telecommunicatio's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Comtech Telecommunicatio Accumulated Retained Earnings Deficit are relatively stable at the moment as compared to the past year. The company's current value of Accumulated Retained Earnings Deficit is estimated at 325.09 Million. Tax Liabilities is expected to hike to about 29.7 M this year, although the value of Receivables will most likely fall to nearly 104.4 M.
 2020 2021 2022 2023 (projected)
Receivables158.11 M123.71 M111.34 M104.4 M
Inventories80.36 M96.32 M86.69 M76.4 M

Comtech Telecommunicatio balance sheet Correlations

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0.450.510.82-0.170.7-0.38-0.19-0.44-0.390.240.760.520.720.390.780.350.690.610.350.720.160.52
0.450.510.680.530.260.26-0.110.14-0.170.370.220.870.240.470.460.260.550.470.370.280.230.28
0.660.820.680.20.61-0.04-0.28-0.01-0.310.360.610.720.610.560.930.560.810.520.460.560.320.49
-0.11-0.170.530.2-0.550.94-0.190.850.02-0.24-0.580.34-0.57-0.070.00.05-0.09-0.38-0.28-0.580.55-0.5
0.670.70.260.61-0.55-0.78-0.09-0.68-0.260.690.980.51.00.720.710.410.820.820.80.98-0.360.93
-0.31-0.380.26-0.040.94-0.78-0.120.920.12-0.46-0.780.03-0.79-0.35-0.21-0.06-0.36-0.6-0.54-0.80.59-0.74
-0.01-0.19-0.11-0.28-0.19-0.09-0.12-0.230.90.25-0.16-0.27-0.12-0.16-0.21-0.16-0.09-0.050.15-0.04-0.19-0.01
-0.23-0.440.14-0.010.85-0.680.92-0.230.08-0.39-0.68-0.06-0.69-0.26-0.080.13-0.28-0.49-0.45-0.720.53-0.64
-0.06-0.39-0.17-0.310.02-0.260.120.90.080.2-0.34-0.33-0.3-0.2-0.220.09-0.25-0.230.06-0.24-0.22-0.17
0.740.240.370.36-0.240.69-0.460.25-0.390.20.540.550.640.810.40.320.650.640.940.68-0.430.82
0.570.760.220.61-0.580.98-0.78-0.16-0.68-0.340.540.430.990.620.720.410.780.810.670.97-0.310.86
0.620.520.870.720.340.50.03-0.27-0.06-0.330.550.430.480.730.50.240.690.470.60.470.060.53
0.640.720.240.61-0.571.0-0.79-0.12-0.69-0.30.640.990.480.690.70.40.80.820.760.98-0.350.92
0.830.390.470.56-0.070.72-0.35-0.16-0.26-0.20.810.620.730.690.550.330.770.660.870.71-0.230.75
0.610.780.460.930.00.71-0.21-0.21-0.08-0.220.40.720.50.70.550.670.840.610.520.650.180.57
0.390.350.260.560.050.41-0.06-0.160.130.090.320.410.240.40.330.670.30.390.360.36-0.260.35
0.740.690.550.81-0.090.82-0.36-0.09-0.28-0.250.650.780.690.80.770.840.30.730.740.790.110.76
0.590.610.470.52-0.380.82-0.6-0.05-0.49-0.230.640.810.470.820.660.610.390.730.70.87-0.30.78
0.740.350.370.46-0.280.8-0.540.15-0.450.060.940.670.60.760.870.520.360.740.70.77-0.430.92
0.640.720.280.56-0.580.98-0.8-0.04-0.72-0.240.680.970.470.980.710.650.360.790.870.77-0.370.9
-0.010.160.230.320.55-0.360.59-0.190.53-0.22-0.43-0.310.06-0.35-0.230.18-0.260.11-0.3-0.43-0.37-0.45
0.640.520.280.49-0.50.93-0.74-0.01-0.64-0.170.820.860.530.920.750.570.350.760.780.920.9-0.45
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Comtech Telecommunicatio Account Relationship Matchups

Comtech Telecommunicatio balance sheet Accounts

201820192020202120222023 (projected)
Inventories74.84 M82.3 M80.36 M96.32 M86.69 M76.4 M
Receivables145.03 M126.82 M158.11 M123.71 M111.34 M104.4 M
Accounts Payable24.33 M23.42 M36.19 M44.59 M51.28 M45.28 M
Total Assets887.71 M929.65 M993.11 M974.3 M876.87 M809.25 M
Current Assets280.31 M277.1 M287.5 M263.33 M302.83 M386.28 M
Assets Non Current565.36 M607.4 M652.55 M705.62 M811.46 M687.07 M
Cash and Equivalents45.58 M47.88 M30.86 M21.65 M24.9 M25.56 M
Cash and Equivalents USD43.48 M45.58 M47.88 M30.86 M27.77 M28.51 M
Total Debt167.9 M165.76 M181.86 M249.41 M224.47 M203.37 M
Debt Current19.05 M757 K8.25 M8.84 M7.96 M8.17 M
Debt Non Current148.85 M165 M173.61 M240.57 M216.51 M195.16 M
Total Debt USD167.9 M165.76 M181.86 M249.41 M224.47 M203.37 M
Shareholders Equity535.08 M549.3 M500.72 M571.79 M657.56 M638.93 M
Shareholders Equity USD505.68 M535.08 M549.3 M500.72 M575.83 M573.62 M
Goodwill and Intangible Assets531.43 M572.38 M588.54 M616.4 M708.86 M610.48 M
Inventory75.08 M74.84 M82.3 M80.36 M92.41 M89.5 M
Total Liabilities352.63 M380.35 M492.39 M402.51 M362.26 M325.43 M
Current Liabilities145.35 M159.71 M203.56 M193.46 M174.11 M154.09 M
Liabilities Non Current174.16 M207.28 M220.64 M288.83 M332.16 M267.48 M
Trade and Non Trade Payables43.93 M24.33 M23.42 M36.19 M41.62 M37.23 M
Property Plant and Equipment Net28.99 M28.03 M57.07 M79.77 M91.74 M98.98 M
Trade and Non Trade Receivables147.44 M145.03 M126.82 M158.11 M181.83 M158.43 M
Accumulated Retained Earnings Deficit405.19 M420.33 M417.26 M333 M299.7 M325.09 M
Tax Liabilities13.5 M12.81 M19.6 M23.95 M27.54 M29.71 M

Comtech Telecommunicatio Investors Sentiment

The influence of Comtech Telecommunicatio's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comtech. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Comtech Telecommunicatio's public news can be used to forecast risks associated with investment in Comtech. The trend in average sentiment can be used to explain how an investor holding Comtech can time the market purely based on public headlines and social activities around Comtech Telecommunications Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Comtech Telecommunicatio's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Comtech Telecommunicatio's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Comtech Telecommunicatio's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Comtech Telecommunicatio.
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 Comtech Telecommunicatio 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, Comtech Telecommunicatio's short interest history, or implied volatility extrapolated from Comtech Telecommunicatio options trading.

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 Telecommunicatio

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Moving against Comtech Telecommunicatio

-0.62INSGInseego Corp Tech BoostPairCorr
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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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
Market Capitalization
412.7 M
Quarterly Revenue Growth
0.123
Return On Assets
(0.0027) 
Return On Equity
(0.07) 
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 Comtech Telecommunicatio value 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.