Columbus Mckinnon Stock Cash And Equivalents

CMCO Stock

USD 39.29 0.19 0.49%

Columbus McKinnon fundamentals help investors to digest information that contributes to Columbus McKinnon's financial success or failures. It also enables traders to predict the movement of Columbus Stock. The fundamental analysis module provides a way to measure Columbus McKinnon's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbus McKinnon stock.

Short Long Term Debt Total Total Assets

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Columbus McKinnon Company Cash And Equivalents Analysis

Columbus McKinnon's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Columbus McKinnon Cash And Equivalents

88.86 M

Most of Columbus McKinnon's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbus McKinnon is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Columbus Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Columbus McKinnon is extremely important. It helps to project a fair market value of Columbus Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Columbus McKinnon's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Columbus McKinnon's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Columbus McKinnon's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.91	0.94	0.83	0.89	0.86	0.8	0.74	0.96	0.6	0.32	0.87	0.4	0.14	-0.45	-0.78	0.87	0.86	0.84	0.82	-0.74	-0.6	0.79	0.78	0.86
Total Stockholder Equity	0.97		0.84	0.96	0.82	0.82	0.75	0.76	0.64	0.92	0.6	0.19	0.83	0.3	0.22	-0.34	-0.66	0.79	0.8	0.87	0.72	-0.62	-0.54	0.86	0.84	0.93
Net Debt	0.91	0.84		0.78	0.62	0.79	0.79	0.58	0.88	0.91	0.66	0.26	0.72	0.63	0.21	-0.33	-0.84	0.79	0.85	0.75	0.84	-0.62	-0.46	0.76	0.5	0.8
Retained Earnings	0.94	0.96	0.78		0.78	0.81	0.76	0.76	0.63	0.9	0.51	0.26	0.82	0.34	0.14	-0.39	-0.63	0.87	0.74	0.79	0.7	-0.75	-0.71	0.71	0.85	0.81
Accounts Payable	0.83	0.82	0.62	0.78		0.88	0.87	0.93	0.44	0.78	0.58	0.32	0.96	0.23	0.0	-0.45	-0.63	0.7	0.84	0.91	0.77	-0.62	-0.54	0.77	0.8	0.75
Net Receivables	0.89	0.82	0.79	0.81	0.88		0.94	0.92	0.68	0.85	0.53	0.47	0.96	0.42	-0.08	-0.58	-0.74	0.8	0.86	0.86	0.83	-0.75	-0.52	0.71	0.64	0.69
Total Liab	0.86	0.75	0.79	0.76	0.87	0.94		0.89	0.72	0.87	0.62	0.46	0.95	0.56	-0.02	-0.54	-0.85	0.85	0.92	0.83	0.94	-0.82	-0.6	0.64	0.59	0.61
Total Current Assets	0.8	0.76	0.58	0.76	0.93	0.92	0.89		0.45	0.71	0.39	0.56	0.96	0.22	-0.23	-0.67	-0.55	0.68	0.77	0.82	0.72	-0.67	-0.52	0.65	0.72	0.62
Short Term Debt	0.74	0.64	0.88	0.63	0.44	0.68	0.72	0.45		0.8	0.54	0.27	0.59	0.73	0.19	-0.3	-0.82	0.77	0.7	0.55	0.81	-0.68	-0.45	0.5	0.23	0.52
Intangible Assets	0.96	0.92	0.91	0.9	0.78	0.85	0.87	0.71	0.8		0.73	0.17	0.83	0.52	0.32	-0.28	-0.9	0.93	0.89	0.82	0.9	-0.81	-0.6	0.74	0.71	0.8
Long Term Debt	0.6	0.6	0.66	0.51	0.58	0.53	0.62	0.39	0.54	0.73		-0.36	0.58	0.59	0.71	0.29	-0.75	0.56	0.85	0.78	0.78	-0.43	-0.22	0.73	0.5	0.67
Treasury Stock	0.32	0.19	0.26	0.26	0.32	0.47	0.46	0.56	0.27	0.17	-0.36		0.43	0.12	-0.82	-0.97	-0.13	0.26	0.17	0.1	0.26	-0.36	-0.38	0.03	0.05	0.03
Common Stock	0.87	0.83	0.72	0.82	0.96	0.96	0.95	0.96	0.59	0.83	0.58	0.43		0.39	-0.03	-0.54	-0.71	0.77	0.89	0.91	0.84	-0.73	-0.59	0.76	0.72	0.73
Property Plant Equipment	0.4	0.3	0.63	0.34	0.23	0.42	0.56	0.22	0.73	0.52	0.59	0.12	0.39		0.29	-0.04	-0.64	0.5	0.62	0.41	0.71	-0.49	-0.43	0.33	0.02	0.24
Current Deferred Revenue	0.14	0.22	0.21	0.14	0.0	-0.08	-0.02	-0.23	0.19	0.32	0.71	-0.82	-0.03	0.29		0.79	-0.34	0.17	0.27	0.25	0.23	-0.08	0.04	0.29	0.21	0.31
Good Will	-0.45	-0.34	-0.33	-0.39	-0.45	-0.58	-0.54	-0.67	-0.3	-0.28	0.29	-0.97	-0.54	-0.04	0.79		0.2	-0.36	-0.26	-0.23	-0.31	0.42	0.42	-0.14	-0.21	-0.17
Net Tangible Assets	-0.78	-0.66	-0.84	-0.63	-0.63	-0.74	-0.85	-0.55	-0.82	-0.9	-0.75	-0.13	-0.71	-0.64	-0.34	0.2		-0.84	-0.86	-0.67	-0.94	0.8	0.49	-0.54	-0.42	-0.56
Total Permanent Equity	0.87	0.79	0.79	0.87	0.7	0.8	0.85	0.68	0.77	0.93	0.56	0.26	0.77	0.5	0.17	-0.36	-0.84		0.77	0.66	0.83	-0.92	-0.73	0.49	0.66	0.57
Long Term Debt Total	0.86	0.8	0.85	0.74	0.84	0.86	0.92	0.77	0.7	0.89	0.85	0.17	0.89	0.62	0.27	-0.26	-0.86	0.77		0.92	0.95	-0.66	-0.45	0.82	0.62	0.77
Capital Surpluse	0.84	0.87	0.75	0.79	0.91	0.86	0.83	0.82	0.55	0.82	0.78	0.1	0.91	0.41	0.25	-0.23	-0.67	0.66	0.92		0.79	-0.53	-0.42	0.93	0.76	0.87
Deferred Long Term Liab	0.82	0.72	0.84	0.7	0.77	0.83	0.94	0.72	0.81	0.9	0.78	0.26	0.84	0.71	0.23	-0.31	-0.94	0.83	0.95	0.79		-0.79	-0.55	0.65	0.49	0.62
Long Term Investments	-0.74	-0.62	-0.62	-0.75	-0.62	-0.75	-0.82	-0.67	-0.68	-0.81	-0.43	-0.36	-0.73	-0.49	-0.08	0.42	0.8	-0.92	-0.66	-0.53	-0.79		0.77	-0.27	-0.52	-0.34
Short Long Term Debt	-0.6	-0.54	-0.46	-0.71	-0.54	-0.52	-0.6	-0.52	-0.45	-0.6	-0.22	-0.38	-0.59	-0.43	0.04	0.42	0.49	-0.73	-0.45	-0.42	-0.55	0.77		-0.25	-0.57	-0.32
Net Invested Capital	0.79	0.86	0.76	0.71	0.77	0.71	0.64	0.65	0.5	0.74	0.73	0.03	0.76	0.33	0.29	-0.14	-0.54	0.49	0.82	0.93	0.65	-0.27	-0.25		0.69	0.96
Net Working Capital	0.78	0.84	0.5	0.85	0.8	0.64	0.59	0.72	0.23	0.71	0.5	0.05	0.72	0.02	0.21	-0.21	-0.42	0.66	0.62	0.76	0.49	-0.52	-0.57	0.69		0.76
Capital Stock	0.86	0.93	0.8	0.81	0.75	0.69	0.61	0.62	0.52	0.8	0.67	0.03	0.73	0.24	0.31	-0.17	-0.56	0.57	0.77	0.87	0.62	-0.34	-0.32	0.96	0.76

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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

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Columbus Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

23.81 Million

At this time, Columbus McKinnon's Cash And Cash Equivalents Changes is very stable compared to the past year.

In accordance with the recently published financial statements, Columbus McKinnon has 88.86 M in Cash And Equivalents. This is 77.39% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 96.71% higher than that of the company.

Columbus Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbus McKinnon's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Columbus McKinnon could also be used in its relative valuation, which is a method of valuing Columbus McKinnon by comparing valuation metrics of similar companies.

Columbus McKinnon is currently under evaluation in cash and equivalents category among its peers.

Columbus McKinnon ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Columbus McKinnon's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Columbus McKinnon's managers, analysts, and investors.

Environmental

Governance

Social

Columbus Fundamentals

	Return On Equity	0.0173
	Return On Asset	0.0224
	Profit Margin	0.02 %
	Operating Margin	(0.05) %
	Current Valuation	1.57 B
	Shares Outstanding	28.69 M
	Shares Owned By Insiders	2.39 %
	Shares Owned By Institutions	98.34 %
	Number Of Shares Shorted	396.65 K
	Price To Earning	85.88 X
	Price To Book	1.25 X
	Price To Sales	1.13 X
	Revenue	1.01 B
	Gross Profit	319.23 M
	EBITDA	145.43 M
	Net Income	46.62 M
	Cash And Equivalents	88.86 M
	Cash Per Share	3.11 X
	Total Debt	599.62 M
	Debt To Equity	0.63 %
	Current Ratio	2.07 X
	Book Value Per Share	31.36 X
	Cash Flow From Operations	67.2 M
	Short Ratio	1.44 X
	Earnings Per Share	0.52 X
	Price To Earnings To Growth	0.46 X
	Target Price	49.0
	Number Of Employees	3.52 K
	Beta	1.19
	Market Capitalization	1.13 B
	Total Asset	1.83 B
	Retained Earnings	395.33 M
	Working Capital	252.39 M
	Current Asset	272.73 M
	Current Liabilities	132.52 M
	Annual Yield	0.01 %
	Five Year Return	0.58 %
	Net Asset	1.83 B
	Last Dividend Paid	0.28

About Columbus McKinnon Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Columbus McKinnon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbus McKinnon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbus McKinnon based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Columbus McKinnon

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 Columbus McKinnon 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 Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbus Stock

0.66

Deere Company

Pair Corr

Moving against Columbus Stock

0.81	LEV	Lion Electric Corp	Pair Corr
0.73	NKLA	Nikola Corp	Pair Corr
0.35	GP	GreenPower Motor	Pair Corr
0.34	HY	Hyster Yale Materials	Pair Corr
0.33	TWI	Titan International	Pair Corr

The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon 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 Columbus McKinnon - 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 Columbus McKinnon to buy it.

The correlation of Columbus McKinnon 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 Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon 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 Columbus McKinnon 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 Correlation Correlation Matching

When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:

How To Invest In Columbus

Details

Is Columbus Stock a good investment?

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What is Columbus McKinnon's Net Worth?

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Check out Columbus McKinnon Piotroski F Score and Columbus McKinnon Altman Z Score analysis.

To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Is Industrial Machinery & Supplies & Components space 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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon 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

(0.07)

Dividend Share

0.28

Earnings Share

0.52

Revenue Per Share

34.771

Quarterly Revenue Growth

(0.06)

The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon'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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon'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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Columbus Mckinnon Stock Cash And Equivalents

Columbus McKinnon Company Cash And Equivalents Analysis

Cash

Bank Deposits

+

Liquidities

Current Columbus McKinnon Cash And Equivalents

Columbus Cash And Equivalents Driver Correlations

Columbus Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

23.81 Million

Columbus Cash And Equivalents Peer Comparison

Columbus McKinnon ESG Sustainability

Columbus Fundamentals

About Columbus McKinnon Fundamental Analysis

Pair Trading with Columbus McKinnon

Moving together with Columbus Stock

Moving against Columbus Stock

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