Climb Net Interest Income vs Reconciled Depreciation Analysis
CLMB Stock | USD 133.92 2.35 1.72% |
Climb Global financial indicator trend analysis is way more than just evaluating Climb Global Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Climb Global Solutions is a good investment. Please check the relationship between Climb Global Net Interest Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Net Interest Income vs Reconciled Depreciation
Net Interest Income vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Climb Global Solutions Net Interest Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Climb Global's Net Interest Income and Reconciled Depreciation is -0.41. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Climb Global Solutions, assuming nothing else is changed. The correlation between historical values of Climb Global's Net Interest Income and Reconciled Depreciation 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 Interest Income of Climb Global Solutions are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Interest Income i.e., Climb Global's Net Interest Income and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Reconciled Depreciation
Most indicators from Climb Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Climb Global Solutions 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 Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Climb Global's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.11, whereas Tax Provision is forecasted to decline to about 3.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 282.6M | 304.3M | 352.0M | 239.7M | Depreciation And Amortization | 2.0M | 2.5M | 3.2M | 3.3M |
Climb Global fundamental ratios Correlations
Click cells to compare fundamentals
Climb Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Climb Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 126.3M | 165.5M | 190.8M | 231.9M | 335.1M | 351.9M | |
Other Current Liab | 5.1M | 9.6M | 8.4M | 9.5M | 30.5M | 32.0M | |
Total Current Liabilities | 78.7M | 117.2M | 134.7M | 161.7M | 250.6M | 263.2M | |
Total Stockholder Equity | 45.3M | 44.7M | 52.4M | 60.6M | 74.8M | 78.5M | |
Property Plant And Equipment Net | 3.0M | 4.2M | 3.6M | 4.8M | 9.7M | 10.2M | |
Retained Earnings | 26.7M | 28.2M | 34.4M | 43.9M | 53.2M | 55.9M | |
Accounts Payable | 73.3M | 107.0M | 125.9M | 151.2M | 218.7M | 229.7M | |
Cash | 15.0M | 29.3M | 29.3M | 20.2M | 36.3M | 38.1M | |
Non Current Assets Total | 4.7M | 32.4M | 31.4M | 47.2M | 66.0M | 69.3M | |
Non Currrent Assets Other | 1.5M | 257K | 459K | 350K | 1.9M | 1.8M | |
Cash And Short Term Investments | 15.0M | 29.3M | 29.3M | 20.2M | 36.3M | 19.2M | |
Net Receivables | 101.0M | 93.8M | 122.5M | 154.6M | 222.3M | 233.4M | |
Common Stock Shares Outstanding | 4.4M | 4.3M | 4.3M | 4.3M | 4.4M | 3.6M | |
Liabilities And Stockholders Equity | 126.3M | 165.5M | 190.8M | 231.9M | 335.1M | 351.9M | |
Non Current Liabilities Total | 2.3M | 3.6M | 3.6M | 9.6M | 9.7M | 10.2M | |
Inventory | 2.8M | 4.9M | 2.0M | 4.8M | 3.7M | 2.0M | |
Other Current Assets | 2.7M | 5.1M | 5.5M | 5.0M | 6.8M | 7.1M | |
Other Stockholder Equity | 19.6M | 17.2M | 18.2M | 19.5M | 22.0M | 20.0M | |
Total Liab | 81.0M | 120.8M | 138.3M | 171.3M | 260.3M | 273.3M | |
Total Current Assets | 121.5M | 133.2M | 159.3M | 184.6M | 269.1M | 282.5M | |
Net Debt | (12.4M) | (26.7M) | (27.0M) | (16.6M) | (33.7M) | (32.0M) | |
Accumulated Other Comprehensive Income | (1.1M) | (742K) | (250K) | (2.9M) | (522K) | (548.1K) | |
Other Liab | 89K | 1.5M | 1.8M | 7.0M | 8.1M | 8.5M | |
Net Tangible Assets | 45.3M | 17.3M | 25.3M | 21.9M | 19.7M | 24.0M | |
Other Assets | 1.7M | 674K | 726K | 3.8M | 3.4M | 3.6M | |
Net Invested Capital | 45.3M | 44.7M | 52.4M | 62.4M | 76.1M | 58.9M | |
Net Working Capital | 42.8M | 16.0M | 24.6M | 22.9M | 18.4M | 21.5M | |
Property Plant Equipment | 3.0M | 4.2M | 3.6M | 3.5M | 4.0M | 3.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Climb Global Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Climb Global'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 Climb Global Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Climb Global Solutions Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Electronic Equipment, Instruments & 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 Climb Global. If investors know Climb 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 Climb Global 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 1.286 | Dividend Share 0.68 | Earnings Share 3.69 | Revenue Per Share 92.266 | Quarterly Revenue Growth 0.521 |
The market value of Climb Global Solutions is measured differently than its book value, which is the value of Climb that is recorded on the company's balance sheet. Investors also form their own opinion of Climb Global's value that differs from its market value or its book value, called intrinsic value, which is Climb Global'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 Climb Global's market value can be influenced by many factors that don't directly affect Climb Global'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 Climb Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Climb Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Climb Global'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.