Ceragon Networks Financials

CRNT Stock  USD 4.54  0.47  11.55%   
Based on the key indicators related to Ceragon Networks' liquidity, profitability, solvency, and operating efficiency, Ceragon Networks is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Ceragon Networks' Net Tangible Assets are comparatively stable compared to the past year. Key indicators impacting Ceragon Networks' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.280.2432
Fairly Up
Slightly volatile
Current Ratio3.031.6392
Way Up
Slightly volatile
Investors should never underestimate Ceragon Networks' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Ceragon Networks' cash flow, debt, and profitability to make informed and accurate decisions about investing in Ceragon Networks.

Net Income

6.53 Million

  
Understanding current and past Ceragon Networks Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ceragon Networks' financial statements are interrelated, with each one affecting the others. For example, an increase in Ceragon Networks' assets may result in an increase in income on the income statement.

Ceragon Networks Earnings Geography

Please note, the imprecision that can be found in Ceragon Networks' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ceragon Networks. Check Ceragon Networks' Beneish M Score to see the likelihood of Ceragon Networks' management manipulating its earnings.

Ceragon Networks Stock Summary

Ceragon Networks competes with Cambium Networks, KVH Industries, Knowles Cor, AudioCodes, and Ituran Location. Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable cellular operators and other wireless service providers. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Rosh HaAyin, Israel. Ceragon Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 1006 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINIL0010851660
CUSIPM22013102
LocationIsrael
Business Address3 Uri Ariav
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.ceragon.com
Phone972 3 543 1000
CurrencyUSD - US Dollar

Ceragon Networks Key Financial Ratios

Ceragon Networks Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets289.9M272.4M292.6M301.6M298.5M249.4M
Other Current Liab28.2M19.7M18.7M17.3M20.6M18.1M
Net Debt(9.3M)(14.1M)19.3M31.5M22.0M23.1M
Retained Earnings(229.1M)(246.9M)(261.7M)(269.1M)(275.2M)(261.4M)
Accounts Payable59.6M63.7M69.4M67.4M67.0M53.8M
Cash23.9M27.1M17.1M22.9M28.2M24.4M
Net Receivables129.6M107.4M107.8M100.0M113.9M95.0M
Inventory62.1M50.6M61.4M72.0M68.8M50.2M
Total Liab129.5M126.3M155.4M169.5M164.5M118.8M
Total Current Assets215.6M199.7M214.0M223.0M217.9M199.3M
Other Liab20.4M22.0M22.5M23.5M27.0M18.4M
Other Assets21.3M27.9M22.7M22.9M1.00.95
Other Current Assets11.0M14.8M17.2M15.8M7.0M10.6M
Short Term Debt14.6M9.2M19.2M41.2M36.5M19.3M
Intangible Assets7.9M6.1M6.3M8.2M16.4M17.2M
Net Tangible Assets152.5M140.0M130.9M111.6M128.3M137.1M

Ceragon Networks Key Income Statement Accounts

The reason investors look at the income statement is to determine what Ceragon Networks' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense6.5M5.9M8.6M6.3M7.5M5.6M
Total Revenue285.6M262.9M290.8M295.2M347.2M246.0M
Gross Profit96.8M75.6M88.4M93.1M119.9M78.3M
Operating Income7.3M(7.6M)4.8M1.4M21.2M22.3M
Ebit7.3M(9.1M)1.1M(12.2M)20.3M21.3M
Research Development26.8M31.0M29.5M29.7M32.3M24.9M
Ebitda17.0M3.8M13.3M(1.2M)30.2M31.8M
Cost Of Revenue188.7M187.2M202.4M202.1M227.3M167.7M
Net Income(1.7M)(16.1M)(14.8M)(7.4M)6.2M6.5M
Income Tax Expense2.5M2.6M11.0M2.4M6.5M6.8M
Income Before Tax781K(13.5M)(3.8M)(5.0M)12.7M13.4M
Tax Provision2.5M2.6M11.0M2.4M6.5M4.1M
Net Interest Income(4.1M)(5.9M)(8.6M)(6.3M)(7.7M)(8.1M)

Ceragon Networks Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(9.5M)9.9M(11.9M)(11.2M)6.3M6.6M
Change In Cash(11.6M)3.2M(10.0M)5.9M5.3M5.1M
Free Cash Flow(27.8M)10.8M(24.6M)(17.3M)18.0M18.9M
Depreciation9.7M12.9M12.2M11.0M10.0M8.7M
Other Non Cash Items258K173K(8.2M)20K61K58.0K
Capital Expenditures14.9M6.9M9.6M12.4M12.9M8.5M
Net Income(2.3M)(17.1M)(14.8M)(7.4M)6.2M6.5M
End Period Cash Flow23.9M27.1M17.1M22.9M28.2M24.4M
Investments(13.9M)(6.9M)(9.4M)(12.4M)(20.9M)(19.8M)
Change To Netincome2.1M3.5M2.6M3.6M3.2M4.0M

Ceragon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ceragon Networks's current stock value. Our valuation model uses many indicators to compare Ceragon Networks value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ceragon Networks competition to find correlations between indicators driving Ceragon Networks's intrinsic value. More Info.
Ceragon Networks is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about  0.80  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ceragon Networks is roughly  1.26 . At this time, Ceragon Networks' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ceragon Networks by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ceragon Networks Systematic Risk

Ceragon Networks' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ceragon Networks volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ceragon Networks correlated with the market. If Beta is less than 0 Ceragon Networks generally moves in the opposite direction as compared to the market. If Ceragon Networks Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ceragon Networks is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ceragon Networks is generally in the same direction as the market. If Beta > 1 Ceragon Networks moves generally in the same direction as, but more than the movement of the benchmark.

Ceragon Networks Thematic Clasifications

Ceragon Networks is part of several thematic ideas from Disruptive Technologies to Tech Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Ceragon Networks Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ceragon Networks' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ceragon Networks growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.15)

At this time, Ceragon Networks' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Ceragon Networks November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ceragon Networks help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ceragon Networks. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ceragon Networks based on widely used predictive technical indicators. In general, we focus on analyzing Ceragon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ceragon Networks's daily price indicators and compare them against related drivers.

Additional Tools for Ceragon Stock Analysis

When running Ceragon Networks' price analysis, check to measure Ceragon Networks' 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 Ceragon Networks is operating at the current time. Most of Ceragon Networks' value examination focuses on studying past and present price action to predict the probability of Ceragon Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ceragon Networks' price. Additionally, you may evaluate how the addition of Ceragon Networks to your portfolios can decrease your overall portfolio volatility.