Cardno Non Current Assets Total vs Other Assets 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 Non Current Assets Total and its Other Assets 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.

Non Current Assets Total vs Other Assets

Non Current Assets Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cardno Non Current Assets Total account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Cardno's Non Current Assets Total and Other Assets is 0.31. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Cardno, assuming nothing else is changed. The correlation between historical values of Cardno's Non Current Assets Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Cardno are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Cardno's Non Current Assets Total and Other Assets go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Assets

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

0.960.960.980.830.890.50.880.930.820.830.090.970.210.870.67-0.220.920.890.660.940.790.96-0.330.860.62
0.960.90.920.790.830.310.920.870.850.830.020.960.180.740.63-0.050.820.940.630.860.860.97-0.20.820.45
0.960.90.930.830.840.650.750.950.660.690.090.960.380.910.79-0.410.980.810.780.980.720.92-0.540.80.63
0.980.920.930.830.920.510.830.910.830.860.090.910.120.890.57-0.220.90.810.560.920.680.93-0.290.880.68
0.830.790.830.830.660.490.710.930.680.560.00.80.460.820.43-0.350.850.670.420.770.60.81-0.540.620.67
0.890.830.840.920.660.480.750.770.720.840.220.82-0.010.810.52-0.170.830.730.510.810.560.81-0.190.960.61
0.50.310.650.510.490.480.170.650.010.250.220.470.360.820.5-0.920.760.230.50.680.130.31-0.780.440.73
0.880.920.750.830.710.750.170.770.880.890.040.890.00.620.420.070.670.960.420.680.910.870.00.740.44
0.930.870.950.910.930.770.650.770.660.670.130.910.430.930.62-0.470.950.780.610.910.70.87-0.580.730.72
0.820.850.660.830.680.720.010.880.660.84-0.060.77-0.080.540.310.260.570.790.30.610.740.850.120.650.48
0.830.830.690.860.560.840.250.890.670.840.010.77-0.340.660.280.060.630.80.270.680.680.760.170.840.51
0.090.020.090.090.00.220.220.040.13-0.060.010.080.110.130.11-0.140.10.040.10.080.0-0.01-0.180.150.2
0.970.960.960.910.80.820.470.890.910.770.770.080.30.810.75-0.220.90.950.750.910.880.96-0.360.790.53
0.210.180.380.120.46-0.010.360.00.43-0.08-0.340.110.30.290.53-0.470.420.150.540.310.20.28-0.85-0.050.15
0.870.740.910.890.820.810.820.620.930.540.660.130.810.290.57-0.630.950.620.560.910.490.75-0.60.770.83
0.670.630.790.570.430.520.50.420.620.310.280.110.750.530.57-0.340.730.641.00.790.620.7-0.550.470.24
-0.22-0.05-0.41-0.22-0.35-0.17-0.920.07-0.470.260.06-0.14-0.22-0.47-0.63-0.34-0.540.01-0.34-0.420.06-0.050.83-0.15-0.61
0.920.820.980.90.850.830.760.670.950.570.630.10.90.420.950.73-0.540.730.730.960.610.84-0.630.790.71
0.890.940.810.810.670.730.230.960.780.790.80.040.950.150.620.640.010.730.640.760.970.91-0.120.730.34
0.660.630.780.560.420.510.50.420.610.30.270.10.750.540.561.0-0.340.730.640.790.620.69-0.550.470.22
0.940.860.980.920.770.810.680.680.910.610.680.080.910.310.910.79-0.420.960.760.790.660.89-0.520.780.61
0.790.860.720.680.60.560.130.910.70.740.680.00.880.20.490.620.060.610.970.620.660.84-0.090.540.24
0.960.970.920.930.810.810.310.870.870.850.76-0.010.960.280.750.7-0.050.840.910.690.890.84-0.270.780.45
-0.33-0.2-0.54-0.29-0.54-0.19-0.780.0-0.580.120.17-0.18-0.36-0.85-0.6-0.550.83-0.63-0.12-0.55-0.52-0.09-0.27-0.14-0.49
0.860.820.80.880.620.960.440.740.730.650.840.150.79-0.050.770.47-0.150.790.730.470.780.540.78-0.140.47
0.620.450.630.680.670.610.730.440.720.480.510.20.530.150.830.24-0.610.710.340.220.610.240.45-0.490.47
Click cells to compare fundamentals

Cardno Account Relationship Matchups

Cardno fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets697.5M586.0M98.2M24.7M9.3M8.9M
Other Current Liab37.7M37.1M1.6M1.2M703K667.9K
Total Current Liabilities221.8M181.7M8.9M3.9M1.8M1.7M
Total Stockholder Equity286.9M277.7M89.0M20.4M7.1M6.7M
Other Liab4.6M3.2M341K304K349.6K332.1K
Cash57.7M37.3M46.6M8.3M6.3M6.0M
Other Assets75.7M68.7M0.01.01.151.09
Net Receivables117.1M162.3M4.9M4.7M2.5M2.3M
Good Will309.0M330.7M175.9M168.0M193.2M261.2M
Inventory1.1M1.1M1.0M1.01.151.09
Other Current Assets8.8M26.0M46.0M11.0M1.2M1.1M
Total Liab410.7M308.3M9.2M4.2M2.3M2.2M
Common Stock390.7M370.1M10.7M1.4M1.6M1.5M
Property Plant Equipment122.5M91.4M647K617K709.6K674.1K
Retained Earnings(193.6M)(167.0M)104.1M18.2M5.0M5.2M
Accounts Payable117.5M83.4M6.5M2.5M1.1M1.0M
Short Long Term Debt Total174.2M112.7M27K148K93K88.4K
Property Plant And Equipment Net122.5M91.4M647K617K365K346.8K
Current Deferred Revenue41.3M38.2M121K40K4K3.8K
Net Debt116.5M75.5M(46.6M)(8.2M)(6.2M)(5.9M)
Non Current Assets Total416.4M365.1M647K617.0K498K473.1K
Non Currrent Assets Other(175.9M)(168.0M)(647K)(617K)(555.3K)(583.1K)
Cash And Short Term Investments57.7M37.3M46.6M8.3M6.3M6.0M
Common Stock Shares Outstanding44.5M42.4M39.0M39.1M44.9M28.9M
Liabilities And Stockholders Equity697.5M586.0M98.2M24.7M9.3M8.9M
Non Current Liabilities Total188.9M126.6M360.0K394K451K428.5K
Property Plant And Equipment Gross122.5M214.5M3.8M2.1M2.4M2.2M
Total Current Assets281.1M220.9M97.5M24.0M8.8M8.4M
Accumulated Other Comprehensive Income89.8M74.6M(25.9M)836K710K674.5K
Short Term Debt25.4M19.4M8K58K30K28.5K
Short Term Investments2.9M3.5M(1.5M)475K427.5K406.1K
Net Tangible Assets104.4M105.1M89.0M20.4M18.4M17.4M
Long Term Investments236K1.2M1.7M2.5M2.2M2.2M
Long Term Debt Total146.4M148.9M91.1M19K17.1K16.2K

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Additional Tools for Cardno Stock Analysis

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