Cardno Net Income vs Total Other Income Expense Net Analysis
CDD Stock | 0.23 0.03 15.00% |
Cardno financial indicator trend analysis is way more than just evaluating Cardno prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cardno is a good investment. Please check the relationship between Cardno Net Income and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Income vs Total Other Income Expense Net
Net Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cardno Net Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cardno's Net Income and Total Other Income Expense Net is 0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Cardno, assuming nothing else is changed. The correlation between historical values of Cardno's Net Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Cardno are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Net Income i.e., Cardno's Net Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Cardno financial statement analysis. It represents the amount of money remaining after all of Cardno operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Other Income Expense Net
Most indicators from Cardno's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cardno 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 Cardno. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 2.8 M in 2024. Discontinued Operations is likely to drop to about 1.8 M in 2024
Cardno fundamental ratios Correlations
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Cardno Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cardno fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 697.5M | 586.0M | 98.2M | 24.7M | 9.3M | 8.9M | |
Other Current Liab | 37.7M | 37.1M | 1.6M | 1.2M | 703K | 667.9K | |
Total Current Liabilities | 221.8M | 181.7M | 8.9M | 3.9M | 1.8M | 1.7M | |
Total Stockholder Equity | 286.9M | 277.7M | 89.0M | 20.4M | 7.1M | 6.7M | |
Other Liab | 4.6M | 3.2M | 341K | 304K | 349.6K | 332.1K | |
Cash | 57.7M | 37.3M | 46.6M | 8.3M | 6.3M | 6.0M | |
Other Assets | 75.7M | 68.7M | 0.0 | 1.0 | 1.15 | 1.09 | |
Net Receivables | 117.1M | 162.3M | 4.9M | 4.7M | 2.5M | 2.3M | |
Good Will | 309.0M | 330.7M | 175.9M | 168.0M | 193.2M | 261.2M | |
Inventory | 1.1M | 1.1M | 1.0M | 1.0 | 1.15 | 1.09 | |
Other Current Assets | 8.8M | 26.0M | 46.0M | 11.0M | 1.2M | 1.1M | |
Total Liab | 410.7M | 308.3M | 9.2M | 4.2M | 2.3M | 2.2M | |
Common Stock | 390.7M | 370.1M | 10.7M | 1.4M | 1.6M | 1.5M | |
Property Plant Equipment | 122.5M | 91.4M | 647K | 617K | 709.6K | 674.1K | |
Retained Earnings | (193.6M) | (167.0M) | 104.1M | 18.2M | 5.0M | 5.2M | |
Accounts Payable | 117.5M | 83.4M | 6.5M | 2.5M | 1.1M | 1.0M | |
Short Long Term Debt Total | 174.2M | 112.7M | 27K | 148K | 93K | 88.4K | |
Property Plant And Equipment Net | 122.5M | 91.4M | 647K | 617K | 365K | 346.8K | |
Current Deferred Revenue | 41.3M | 38.2M | 121K | 40K | 4K | 3.8K | |
Net Debt | 116.5M | 75.5M | (46.6M) | (8.2M) | (6.2M) | (5.9M) | |
Non Current Assets Total | 416.4M | 365.1M | 647K | 617.0K | 498K | 473.1K | |
Non Currrent Assets Other | (175.9M) | (168.0M) | (647K) | (617K) | (555.3K) | (583.1K) | |
Cash And Short Term Investments | 57.7M | 37.3M | 46.6M | 8.3M | 6.3M | 6.0M | |
Common Stock Shares Outstanding | 44.5M | 42.4M | 39.0M | 39.1M | 44.9M | 28.9M | |
Liabilities And Stockholders Equity | 697.5M | 586.0M | 98.2M | 24.7M | 9.3M | 8.9M | |
Non Current Liabilities Total | 188.9M | 126.6M | 360.0K | 394K | 451K | 428.5K | |
Property Plant And Equipment Gross | 122.5M | 214.5M | 3.8M | 2.1M | 2.4M | 2.2M | |
Total Current Assets | 281.1M | 220.9M | 97.5M | 24.0M | 8.8M | 8.4M | |
Accumulated Other Comprehensive Income | 89.8M | 74.6M | (25.9M) | 836K | 710K | 674.5K | |
Short Term Debt | 25.4M | 19.4M | 8K | 58K | 30K | 28.5K | |
Short Term Investments | 2.9M | 3.5M | (1.5M) | 475K | 427.5K | 406.1K | |
Net Tangible Assets | 104.4M | 105.1M | 89.0M | 20.4M | 18.4M | 17.4M | |
Long Term Investments | 236K | 1.2M | 1.7M | 2.5M | 2.2M | 2.2M | |
Long Term Debt Total | 146.4M | 148.9M | 91.1M | 19K | 17.1K | 16.2K |
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Additional Tools for Cardno Stock Analysis
When running Cardno's price analysis, check to measure Cardno'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 Cardno is operating at the current time. Most of Cardno's value examination focuses on studying past and present price action to predict the probability of Cardno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardno's price. Additionally, you may evaluate how the addition of Cardno to your portfolios can decrease your overall portfolio volatility.