CompX Capital Expenditures vs Free Cash Flow Analysis

CIX Stock

USD 31.12 4.84 18.42%

CompX International financial indicator trend analysis is way more than just evaluating CompX International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CompX International is a good investment. Please check the relationship between CompX International Capital Expenditures and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CompX International Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CompX International's Capital Expenditures and Free Cash Flow is -0.46. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of CompX International, assuming nothing else is changed. The correlation between historical values of CompX International's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of CompX International are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., CompX International's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by CompX International to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CompX International operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from CompX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CompX International 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 CompX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.At this time, CompX International's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 9.20 in 2024, whereas Selling General Administrative is likely to drop slightly above 18.2 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	42.7M	48.8M	49.2M	32.8M
Total Revenue	140.8M	166.6M	161.3M	121.0M

Gross Profit Total Revenue

CompX International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		-0.73	0.46	-0.66	0.93	0.07	-0.72	0.91	-0.45	0.55	0.62	0.54	0.75	0.28	0.68	-0.08	0.69	0.21	0.0	-0.61	0.46	0.79	-0.73	0.04	-0.72	-0.72
Short Long Term Debt Total	-0.73		0.01	0.89	-0.73	-0.28	0.71	-0.63	0.16	-0.46	-0.62	-0.14	-0.48	0.31	-0.96	-0.1	-0.28	-0.22	-0.53	0.73	-0.03	-0.38	0.92	-0.03	0.8	0.79
Other Current Liab	0.46	0.01		-0.14	0.53	-0.2	-0.36	0.56	-0.77	0.27	-0.03	0.57	0.55	0.56	-0.12	-0.44	0.62	0.06	-0.45	-0.29	0.7	0.71	-0.12	0.23	-0.26	-0.26
Total Current Liabilities	-0.66	0.89	-0.14		-0.78	-0.48	0.69	-0.6	0.19	-0.33	-0.73	-0.19	-0.33	0.28	-0.79	-0.02	-0.27	-0.09	-0.62	0.78	-0.18	-0.31	0.97	-0.04	0.93	0.92
Total Stockholder Equity	0.93	-0.73	0.53	-0.78		0.07	-0.81	0.95	-0.39	0.55	0.62	0.49	0.71	0.17	0.61	-0.3	0.62	0.07	0.2	-0.8	0.49	0.75	-0.79	0.21	-0.81	-0.81
Property Plant And Equipment Net	0.07	-0.28	-0.2	-0.48	0.07		0.07	-0.24	-0.1	-0.24	0.58	-0.04	-0.39	-0.19	0.27	0.72	-0.1	0.32	0.26	0.14	0.09	-0.29	-0.53	-0.66	-0.54	-0.54
Net Debt	-0.72	0.71	-0.36	0.69	-0.81	0.07		-0.78	0.32	-0.89	-0.34	-0.53	-0.8	0.26	-0.57	0.35	-0.22	-0.22	-0.28	0.76	-0.17	-0.67	0.68	-0.25	0.64	0.64
Retained Earnings	0.91	-0.63	0.56	-0.6	0.95	-0.24	-0.78		-0.34	0.59	0.46	0.52	0.8	0.27	0.55	-0.48	0.66	-0.05	0.09	-0.8	0.43	0.81	-0.59	0.41	-0.59	-0.59
Accounts Payable	-0.45	0.16	-0.77	0.19	-0.39	-0.1	0.32	-0.34		-0.34	-0.06	-0.55	-0.5	-0.28	-0.1	-0.11	-0.37	-0.51	0.53	0.03	-0.49	-0.59	0.27	0.3	0.35	0.35
Cash	0.55	-0.46	0.27	-0.33	0.55	-0.24	-0.89	0.59	-0.34		0.09	0.62	0.82	-0.27	0.38	-0.25	0.04	0.36	-0.02	-0.44	0.0	0.63	-0.37	0.13	-0.31	-0.31
Non Current Assets Total	0.62	-0.62	-0.03	-0.73	0.62	0.58	-0.34	0.46	-0.06	0.09		0.3	0.0	-0.07	0.6	0.24	0.17	-0.02	0.39	-0.43	0.05	0.04	-0.73	-0.15	-0.67	-0.67
Non Currrent Assets Other	0.54	-0.14	0.57	-0.19	0.49	-0.04	-0.53	0.52	-0.55	0.62	0.3		0.52	0.14	0.13	-0.12	0.22	0.06	-0.41	-0.21	0.11	0.49	-0.18	0.07	-0.2	-0.2
Cash And Short Term Investments	0.75	-0.48	0.55	-0.33	0.71	-0.39	-0.8	0.8	-0.5	0.82	0.0	0.52		0.15	0.4	-0.36	0.52	0.3	-0.2	-0.52	0.39	0.94	-0.4	0.19	-0.42	-0.42
Net Receivables	0.28	0.31	0.56	0.28	0.17	-0.19	0.26	0.27	-0.28	-0.27	-0.07	0.14	0.15		-0.28	-0.14	0.78	-0.06	-0.62	0.17	0.73	0.44	0.23	0.06	0.11	0.1
Common Stock Shares Outstanding	0.68	-0.96	-0.12	-0.79	0.61	0.27	-0.57	0.55	-0.1	0.38	0.6	0.13	0.4	-0.28		0.24	0.28	0.19	0.46	-0.62	-0.08	0.29	-0.83	0.0	-0.68	-0.67
Non Current Liabilities Total	-0.08	-0.1	-0.44	-0.02	-0.3	0.72	0.35	-0.48	-0.11	-0.25	0.24	-0.12	-0.36	-0.14	0.24		-0.17	0.54	-0.13	0.56	-0.16	-0.33	-0.17	-0.85	-0.11	-0.11
Inventory	0.69	-0.28	0.62	-0.27	0.62	-0.1	-0.22	0.66	-0.37	0.04	0.17	0.22	0.52	0.78	0.28	-0.17		0.03	-0.29	-0.34	0.79	0.74	-0.32	0.17	-0.39	-0.39
Other Current Assets	0.21	-0.22	0.06	-0.09	0.07	0.32	-0.22	-0.05	-0.51	0.36	-0.02	0.06	0.3	-0.06	0.19	0.54	0.03		-0.26	0.28	0.27	0.31	-0.28	-0.69	-0.29	-0.29
Other Stockholder Equity	0.0	-0.53	-0.45	-0.62	0.2	0.26	-0.28	0.09	0.53	-0.02	0.39	-0.41	-0.2	-0.62	0.46	-0.13	-0.29	-0.26		-0.59	-0.31	-0.32	-0.51	0.27	-0.42	-0.42
Total Liab	-0.61	0.73	-0.29	0.78	-0.8	0.14	0.76	-0.8	0.03	-0.44	-0.43	-0.21	-0.52	0.17	-0.62	0.56	-0.34	0.28	-0.59		-0.13	-0.44	0.67	-0.62	0.62	0.61
Property Plant And Equipment Gross	0.46	-0.03	0.7	-0.18	0.49	0.09	-0.17	0.43	-0.49	0.0	0.05	0.11	0.39	0.73	-0.08	-0.16	0.79	0.27	-0.31	-0.13		0.67	-0.25	-0.09	-0.43	-0.43
Total Current Assets	0.79	-0.38	0.71	-0.31	0.75	-0.29	-0.67	0.81	-0.59	0.63	0.04	0.49	0.94	0.44	0.29	-0.33	0.74	0.31	-0.32	-0.44	0.67		-0.39	0.12	-0.47	-0.47
Short Term Debt	-0.73	0.92	-0.12	0.97	-0.79	-0.53	0.68	-0.59	0.27	-0.37	-0.73	-0.18	-0.4	0.23	-0.83	-0.17	-0.32	-0.28	-0.51	0.67	-0.25	-0.39		0.14	0.96	0.96
Intangible Assets	0.04	-0.03	0.23	-0.04	0.21	-0.66	-0.25	0.41	0.3	0.13	-0.15	0.07	0.19	0.06	0.0	-0.85	0.17	-0.69	0.27	-0.62	-0.09	0.12	0.14		0.2	0.2
Common Stock Total Equity	-0.72	0.8	-0.26	0.93	-0.81	-0.54	0.64	-0.59	0.35	-0.31	-0.67	-0.2	-0.42	0.11	-0.68	-0.11	-0.39	-0.29	-0.42	0.62	-0.43	-0.47	0.96	0.2		1.0
Common Stock	-0.72	0.79	-0.26	0.92	-0.81	-0.54	0.64	-0.59	0.35	-0.31	-0.67	-0.2	-0.42	0.1	-0.67	-0.11	-0.39	-0.29	-0.42	0.61	-0.43	-0.47	0.96	0.2	1.0

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CompX International Account Relationship Matchups

CompX International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	178.5M	184.0M	192.5M	177.4M	187.6M	135.5M
Other Current Liab	10.5M	9.3M	10.9M	11.3M	11.8M	12.4M
Total Current Liabilities	13.1M	13.2M	16.4M	16.7M	17.2M	16.0M
Total Stockholder Equity	162.2M	167.7M	173.1M	158.4M	168.8M	140.7M
Property Plant And Equipment Net	31.0M	29.0M	29.2M	28.7M	25.9M	41.0M
Net Debt	(63.3M)	(70.6M)	(76.6M)	(26.7M)	(41.4M)	(39.3M)
Retained Earnings	106.2M	111.5M	118.2M	105.2M	115.5M	60.1M
Accounts Payable	2.5M	2.6M	3.4M	3.5M	3.1M	3.0M
Cash	63.3M	70.6M	76.6M	26.7M	41.4M	36.6M
Non Current Assets Total	83.4M	82.8M	72.2M	66.2M	61.0M	72.8M
Non Currrent Assets Other	28.7M	30.1M	19.3M	(1.6M)	9.9M	10.4M
Cash And Short Term Investments	63.3M	70.6M	76.6M	59.9M	76.7M	39.4M
Net Receivables	11.9M	10.7M	15.5M	17.8M	17.1M	13.4M
Common Stock Shares Outstanding	12.4M	12.4M	12.4M	12.3M	12.3M	10.7M
Liabilities And Stockholders Equity	178.5M	184.0M	192.5M	177.4M	187.6M	135.5M
Non Current Liabilities Total	3.3M	3.2M	2.9M	2.3M	1.6M	1.5M
Inventory	18.3M	18.3M	25.6M	31.3M	30.7M	17.0M
Other Current Assets	1.6M	1.5M	4.9M	2.1M	2.1M	2.9M
Other Stockholder Equity	55.9M	56.0M	54.8M	53.2M	53.3M	71.2M
Total Liab	16.3M	16.4M	19.4M	19.0M	18.8M	33.1M
Property Plant And Equipment Gross	31.0M	29.0M	100.9M	103.4M	103.6M	108.8M
Total Current Assets	95.1M	101.2M	120.2M	111.2M	126.6M	86.2M
Accumulated Other Comprehensive Income	(63.6M)	(65.7M)	0.0	(17K)	(6K)	(6.3K)
Other Liab	3.3M	3.2M	2.9M	2.3M	2.6M	2.5M
Other Assets	28.7M	30.1M	21.8M	42K	48.3K	45.9K
Property Plant Equipment	31.0M	29.0M	29.2M	28.7M	25.8M	42.5M
Net Tangible Assets	162.2M	167.7M	173.1M	158.4M	182.2M	136.2M
Retained Earnings Total Equity	106.2M	111.5M	118.2M	105.2M	121.0M	84.1M
Capital Surpluse	55.9M	56.0M	54.8M	53.2M	47.8M	44.2M
Deferred Long Term Liab	3.3M	3.2M	2.9M	2.2M	2.0M	1.9M
Accumulated Depreciation	(65.7M)	(68.4M)	(71.7M)	(74.7M)	(85.9M)	(90.2M)

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CompX Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

CompX International fundamental ratios Correlations

CompX International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CompX International fundamental ratios Accounts

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Additional Tools for CompX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Short Term Debt	+ 0.97	Total Current Liabilities
Common Stock Total Equity	+ 0.96	Short Term Debt
Common Stock	+ 0.96	Short Term Debt
Retained Earnings	+ 0.95	Total Stockholder Equity
Total Current Assets	+ 0.94	Cash And Short Term Investments

Common Stock Shares Outstanding	- 0.96	Short Long Term Debt Total
Cash	- 0.89	Net Debt
Intangible Assets	- 0.85	Non Current Liabilities Total
Short Term Debt	- 0.83	Common Stock Shares Outstanding
Common Stock	- 0.81	Total Stockholder Equity
Common Stock Total Equity	- 0.81	Total Stockholder Equity