Commercial Other Non Cash Items vs Sale Purchase Of Stock Analysis
CMC Stock | USD 50.27 0.74 1.49% |
Commercial Metals financial indicator trend analysis is way more than just evaluating Commercial Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commercial Metals is a good investment. Please check the relationship between Commercial Metals Other Non Cash Items and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. 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. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.
Other Non Cash Items vs Sale Purchase Of Stock
Other Non Cash Items vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commercial Metals Other Non Cash Items account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Commercial Metals' Other Non Cash Items and Sale Purchase Of Stock is 0.05. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Commercial Metals, assuming nothing else is changed. The correlation between historical values of Commercial Metals' Other Non Cash Items and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Commercial Metals are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Other Non Cash Items i.e., Commercial Metals' Other Non Cash Items and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Non Cash Items
Sale Purchase Of Stock
Most indicators from Commercial Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commercial Metals 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 Commercial Metals. 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. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.At present, Commercial Metals' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.9 B, whereas Selling General Administrative is forecasted to decline to about 368.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 1.8B | 1.4B | 1.4B | Total Revenue | 8.9B | 8.8B | 7.9B | 4.9B |
Commercial Metals fundamental ratios Correlations
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Commercial Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Commercial Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.6B | 6.2B | 6.6B | 6.8B | 7.2B | |
Short Long Term Debt Total | 1.1B | 1.1B | 1.5B | 1.2B | 1.2B | 698.7M | |
Other Current Liab | 455.0M | 417.8M | 540.1M | 438.8M | 445.5M | 467.8M | |
Total Current Liabilities | 745.3M | 980.5M | 1.4B | 843.7M | 834.9M | 667.4M | |
Total Stockholder Equity | 1.9B | 2.3B | 3.3B | 4.1B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.9B | 2.4B | 2.6B | 2.7B | |
Net Debt | 541.6M | 572.0M | 829.4M | 562.5M | 331.7M | 453.7M | |
Retained Earnings | 1.8B | 2.2B | 3.3B | 4.1B | 4.5B | 4.7B | |
Cash | 542.1M | 497.7M | 672.6M | 592.3M | 857.9M | 900.8M | |
Non Current Assets Total | 1.9B | 1.9B | 2.8B | 3.5B | 3.5B | 3.7B | |
Non Currrent Assets Other | 232.2M | 269.6M | 128.0M | 440.6M | 20.1M | 19.1M | |
Cash And Short Term Investments | 542.1M | 497.7M | 672.6M | 592.3M | 857.9M | 900.8M | |
Net Receivables | 880.7M | 1.1B | 1.4B | 1.2B | 1.2B | 681.4M | |
Common Stock Shares Outstanding | 120.3M | 122.0M | 122.4M | 118.6M | 117.2M | 97.0M | |
Liabilities And Stockholders Equity | 4.1B | 4.6B | 6.2B | 6.6B | 6.8B | 7.2B | |
Non Current Liabilities Total | 1.4B | 1.4B | 1.6B | 1.7B | 1.7B | 1.8B | |
Inventory | 625.4M | 935.4M | 1.2B | 1.0B | 971.8M | 560.2M | |
Other Current Assets | 165.9M | 198.1M | 240.3M | 276.0M | 304.1M | 319.4M | |
Other Stockholder Equity | 183.8M | 215.5M | 86.9M | 26.1M | (119.4M) | (113.5M) | |
Total Liab | 2.2B | 2.3B | 3.0B | 2.5B | 2.5B | 1.5B | |
Property Plant And Equipment Gross | 1.6B | 1.6B | 1.9B | 4.5B | 4.9B | 5.2B | |
Total Current Assets | 2.2B | 2.7B | 3.4B | 3.1B | 3.3B | 3.5B | |
Accumulated Other Comprehensive Income | (103.8M) | (84.8M) | (114.5M) | (3.8M) | (86.0M) | (90.2M) | |
Short Term Debt | 18.1M | 54.4M | 388.8M | 40.5M | 38.8M | 54.6M | |
Accounts Payable | 266.1M | 450.7M | 428.1M | 364.4M | 350.6M | 374.8M | |
Other Liab | 285.7M | 254.3M | 369.2M | 430.2M | 494.7M | 519.4M | |
Other Assets | 104.7M | 147.3M | 43K | 279.8M | 321.8M | 337.9M | |
Long Term Debt | 1.0B | 1.0B | 1.1B | 1.0B | 1.2B | 962.1M | |
Treasury Stock | (197.4M) | (175.1M) | (152.6M) | (295.8M) | (266.3M) | (279.6M) | |
Property Plant Equipment | 1.6B | 1.7B | 1.9B | 2.6B | 3.0B | 3.1B | |
Current Deferred Revenue | 6.0M | 23.9M | 250.3M | 28.4M | 35.4M | 33.6M | |
Good Will | 64.3M | 66.1M | 249.0M | 385.8M | 385.6M | 404.9M | |
Intangible Assets | 12.6M | 10.1M | 257.4M | 259.2M | 234.9M | 246.6M | |
Net Tangible Assets | 1.8B | 2.2B | 3.3B | 3.5B | 4.0B | 4.2B |
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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 Commercial Metals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Metals' 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 Commercial Metals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Metals Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. 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. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Metals & Mining 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 Commercial Metals. If investors know Commercial 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 Commercial Metals 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 (0.43) | Dividend Share 0.68 | Earnings Share 4.14 | Revenue Per Share 68.419 | Quarterly Revenue Growth (0.1) |
The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' 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 Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' 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 Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' 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.