Calix Research Development vs Gross Profit Analysis

CALX Stock  USD 32.53  0.40  1.24%   
Calix financial indicator trend analysis is way more than just evaluating Calix Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calix Inc is a good investment. Please check the relationship between Calix Research Development and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calix Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Research Development vs Gross Profit

Research Development vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calix Inc Research Development account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Calix's Research Development and Gross Profit is 0.71. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Calix Inc, assuming nothing else is changed. The correlation between historical values of Calix's Research Development and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Calix Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Research Development i.e., Calix's Research Development and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Calix Inc minus its cost of goods sold. It is profit before Calix operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Calix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calix Inc 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 Calix Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Calix's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 10.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense402K2.0M9.7M10.2M
Depreciation And Amortization18.1M18.3M16.6M14.2M

Calix fundamental ratios Correlations

-0.670.910.620.920.570.620.23-0.480.60.460.470.80.820.980.950.720.420.530.570.92-0.210.980.930.55-0.04
-0.67-0.53-0.44-0.46-0.26-0.31-0.430.41-0.64-0.34-0.34-0.54-0.44-0.7-0.74-0.570.1-0.09-0.18-0.64-0.29-0.64-0.66-0.12-0.41
0.91-0.530.760.850.660.710.05-0.340.320.540.50.680.860.880.860.760.470.640.620.88-0.270.940.850.62-0.06
0.62-0.440.760.50.60.660.29-0.080.150.740.410.60.590.640.570.850.340.580.50.62-0.110.640.580.490.22
0.92-0.460.850.50.680.630.01-0.580.380.420.550.80.720.850.880.70.70.740.780.82-0.560.90.760.78-0.42
0.57-0.260.660.60.680.92-0.16-0.3-0.170.290.590.650.720.530.640.70.720.910.910.65-0.550.550.390.88-0.34
0.62-0.310.710.660.630.920.04-0.21-0.010.230.550.710.840.610.640.680.540.770.770.71-0.340.610.480.73-0.11
0.23-0.430.050.290.01-0.160.04-0.280.630.040.210.330.10.260.180.18-0.34-0.28-0.230.070.470.210.25-0.270.57
-0.480.41-0.34-0.08-0.58-0.3-0.21-0.28-0.29-0.1-0.82-0.41-0.22-0.33-0.55-0.23-0.42-0.34-0.45-0.280.39-0.48-0.29-0.460.37
0.6-0.640.320.150.38-0.17-0.010.63-0.290.140.00.520.290.640.540.21-0.25-0.25-0.160.470.40.570.65-0.190.42
0.46-0.340.540.740.420.290.230.04-0.10.140.260.420.150.470.440.640.290.420.40.47-0.220.520.370.410.03
0.47-0.340.50.410.550.590.550.21-0.820.00.260.460.450.350.550.430.480.560.610.35-0.410.50.270.62-0.27
0.8-0.540.680.60.80.650.710.33-0.410.520.420.460.660.80.770.760.490.610.690.75-0.310.780.610.65-0.1
0.82-0.440.860.590.720.720.840.1-0.220.290.150.450.660.810.780.60.340.550.540.83-0.120.80.790.510.04
0.98-0.70.880.640.850.530.610.26-0.330.640.470.350.80.810.930.710.290.450.490.94-0.080.940.930.460.1
0.95-0.740.860.570.880.640.640.18-0.550.540.440.550.770.780.930.660.370.530.610.94-0.190.940.840.57-0.03
0.72-0.570.760.850.70.70.680.18-0.230.210.640.430.760.60.710.660.560.720.70.65-0.330.70.640.68-0.04
0.420.10.470.340.70.720.54-0.34-0.42-0.250.290.480.490.340.290.370.560.920.890.34-0.940.410.230.92-0.81
0.53-0.090.640.580.740.910.77-0.28-0.34-0.250.420.560.610.550.450.530.720.920.970.54-0.810.530.320.98-0.6
0.57-0.180.620.50.780.910.77-0.23-0.45-0.160.40.610.690.540.490.610.70.890.970.58-0.810.570.310.99-0.62
0.92-0.640.880.620.820.650.710.07-0.280.470.470.350.750.830.940.940.650.340.540.58-0.140.910.840.540.04
-0.21-0.29-0.27-0.11-0.56-0.55-0.340.470.390.4-0.22-0.41-0.31-0.12-0.08-0.19-0.33-0.94-0.81-0.81-0.14-0.210.03-0.850.94
0.98-0.640.940.640.90.550.610.21-0.480.570.520.50.780.80.940.940.70.410.530.570.91-0.210.890.56-0.03
0.93-0.660.850.580.760.390.480.25-0.290.650.370.270.610.790.930.840.640.230.320.310.840.030.890.30.18
0.55-0.120.620.490.780.880.73-0.27-0.46-0.190.410.620.650.510.460.570.680.920.980.990.54-0.850.560.3-0.67
-0.04-0.41-0.060.22-0.42-0.34-0.110.570.370.420.03-0.27-0.10.040.1-0.03-0.04-0.81-0.6-0.620.040.94-0.030.18-0.67
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Calix Account Relationship Matchups

Calix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets316.8M427.4M742.0M884.8M941.9M989.0M
Short Long Term Debt Total44.3M12.9M12.4M12.4M11.6M16.9M
Other Current Liab57.5M59.3M63.8M115.5M107.8M113.2M
Total Current Liabilities115.5M101.0M128.1M165.4M187.6M113.9M
Total Stockholder Equity154.0M280.3M568.4M679.6M719.0M754.9M
Other Liab32.0M33.0M33.1M31.4M36.1M21.7M
Property Plant And Equipment Net37.4M32.1M34.0M35.1M38.7M24.0M
Current Deferred Revenue17.2M19.2M27.5M33.5M36.7M19.6M
Net Debt(2.5M)(67.9M)(39.0M)(66.7M)(51.8M)(54.4M)
Retained Earnings(702.6M)(669.1M)(430.7M)(389.7M)(360.4M)(378.4M)
Accounts Payable10.8M13.1M29.1M41.4M34.7M25.0M
Cash46.8M80.8M51.3M79.1M63.4M54.7M
Non Current Assets Total173.0M160.5M332.8M337.5M343.9M194.6M
Non Currrent Assets Other19.4M12.2M13.7M19.1M21.3M22.4M
Other Assets7.3M12.2M182.6M181.9M209.2M219.7M
Cash And Short Term Investments46.8M133.8M204.3M241.7M220.3M231.4M
Net Receivables46.5M69.4M85.2M93.8M126.0M64.7M
Common Stock Total Equity1.5M1.6M1.6M1.6M1.9M1.3M
Common Stock Shares Outstanding55.0M62.0M67.9M68.9M69.3M49.3M
Liabilities And Stockholders Equity316.8M427.4M742.0M884.8M941.9M989.0M
Non Current Liabilities Total47.3M46.0M45.5M39.8M35.2M60.5M
Inventory40.2M52.3M88.9M149.2M133.0M139.6M
Other Current Assets9.7M22.8M61.6M86.3M159.1M167.0M
Other Stockholder Equity855.9M948.1M997.9M1.1B1.1B791.2M
Total Liab162.8M147.0M173.6M205.3M222.9M143.4M
Property Plant And Equipment Gross37.4M32.1M21.8M25.8M90.1M94.6M
Total Current Assets143.8M266.9M409.2M547.4M598.0M627.9M
Accumulated Other Comprehensive Income(854K)(191K)(320K)(2.5M)(659K)(692.0K)
Common Stock1.5M1.6M1.6M1.6M1.6M1.3M
Property Plant Equipment21.5M20.4M34.0M25.8M29.7M20.3M
Net Tangible Assets37.9M164.2M452.3M679.6M781.5M820.6M
Retained Earnings Total Equity(702.6M)(669.1M)(430.7M)(389.7M)(350.7M)(368.3M)
Capital Surpluse895.9M948.1M997.9M1.1B1.2B967.4M
Deferred Long Term Liab20.6M17.5M6.1M1.3M1.2M1.1M

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