Computer Capital Expenditures vs Free Cash Flow Analysis

CMG Stock

CAD 10.93 0.02 0.18%

Computer Modelling financial indicator trend analysis is way more than just evaluating Computer Modelling prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Computer Modelling is a good investment. Please check the relationship between Computer Modelling 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 Computer Modelling Group. 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.

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 Computer Modelling Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Computer Modelling's Capital Expenditures and Free Cash Flow is -0.2. 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 Computer Modelling Group, assuming nothing else is changed. The correlation between historical values of Computer Modelling'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 Computer Modelling Group 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., Computer Modelling's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Computer Modelling to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Computer Modelling 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 Computer Modelling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Computer Modelling 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 Computer Modelling Group. 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.

At this time, Computer Modelling's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 4.4 M, while Tax Provision is likely to drop about 6.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	49.9M	56.7M	91.5M	96.0M
Total Revenue	66.2M	73.8M	108.7M	114.1M

Gross Profit Total Revenue

Computer Modelling 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	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.45	0.88	0.95	0.47	0.7	0.14	-0.54	0.6	0.41	0.81	-0.18	0.41	0.92	0.85	0.73	0.6	0.09	0.94	0.78	0.53	0.19	0.66	0.72	0.74	0.38
Short Long Term Debt Total	0.45		0.16	0.52	0.79	0.12	-0.48	-0.18	-0.26	0.83	0.02	0.02	0.83	0.45	0.8	0.02	0.11	-0.12	0.26	0.05	0.83	-0.1	0.81	0.33	0.32	0.18
Other Current Liab	0.88	0.16		0.91	0.35	0.47	0.07	-0.3	0.87	0.23	0.71	-0.08	0.23	0.88	0.6	0.55	0.72	0.13	0.8	0.62	0.36	0.18	0.44	0.53	0.55	0.36
Total Current Liabilities	0.95	0.52	0.91		0.58	0.52	-0.08	-0.45	0.62	0.5	0.66	-0.02	0.5	0.94	0.86	0.53	0.66	0.03	0.83	0.6	0.61	0.05	0.73	0.69	0.71	0.43
Total Stockholder Equity	0.47	0.79	0.35	0.58		-0.08	-0.66	0.03	0.04	0.95	-0.05	-0.07	0.95	0.53	0.74	-0.11	0.26	-0.05	0.21	-0.04	0.98	0.06	0.83	0.31	0.27	0.19
Property Plant And Equipment Net	0.7	0.12	0.47	0.52	-0.08		0.73	-0.86	0.29	-0.12	0.94	-0.23	-0.12	0.49	0.54	0.96	0.22	0.06	0.88	0.96	0.03	0.15	0.37	0.77	0.79	0.41
Net Debt	0.14	-0.48	0.07	-0.08	-0.66	0.73		-0.55	0.19	-0.71	0.68	-0.12	-0.71	-0.02	-0.15	0.76	-0.03	0.13	0.46	0.69	-0.57	0.14	-0.27	0.3	0.31	0.07
Retained Earnings	-0.54	-0.18	-0.3	-0.45	0.03	-0.86	-0.55		-0.08	0.05	-0.75	0.12	0.05	-0.31	-0.56	-0.74	-0.19	0.16	-0.7	-0.77	-0.06	0.22	-0.5	-0.91	-0.92	-0.63
Accounts Payable	0.6	-0.26	0.87	0.62	0.04	0.29	0.19	-0.08		-0.14	0.59	0.08	-0.14	0.65	0.2	0.41	0.57	0.23	0.57	0.45	0.0	0.21	0.05	0.27	0.29	0.22
Cash	0.41	0.83	0.23	0.5	0.95	-0.12	-0.71	0.05	-0.14		-0.14	-0.19	1.0	0.42	0.71	-0.15	0.19	-0.16	0.14	-0.08	0.96	0.05	0.77	0.24	0.22	0.12
Non Current Assets Total	0.81	0.02	0.71	0.66	-0.05	0.94	0.68	-0.75	0.59	-0.14		-0.18	-0.14	0.64	0.53	0.96	0.43	0.13	0.95	0.97	0.03	0.18	0.32	0.74	0.76	0.41
Non Currrent Assets Other	-0.18	0.02	-0.08	-0.02	-0.07	-0.23	-0.12	0.12	0.08	-0.19	-0.18		-0.19	0.04	-0.11	-0.3	0.09	0.16	-0.21	-0.37	-0.12	-0.22	0.0	-0.1	-0.12	-0.16
Cash And Short Term Investments	0.41	0.83	0.23	0.5	0.95	-0.12	-0.71	0.05	-0.14	1.0	-0.14	-0.19		0.42	0.71	-0.15	0.19	-0.16	0.14	-0.08	0.96	0.05	0.77	0.24	0.22	0.12
Net Receivables	0.92	0.45	0.88	0.94	0.53	0.49	-0.02	-0.31	0.65	0.42	0.64	0.04	0.42		0.77	0.53	0.59	0.14	0.8	0.56	0.57	0.17	0.63	0.54	0.56	0.2
Common Stock Shares Outstanding	0.85	0.8	0.6	0.86	0.74	0.54	-0.15	-0.56	0.2	0.71	0.53	-0.11	0.71	0.77		0.48	0.41	-0.1	0.73	0.53	0.8	-0.05	0.93	0.76	0.75	0.44
Non Current Liabilities Total	0.73	0.02	0.55	0.53	-0.11	0.96	0.76	-0.74	0.41	-0.15	0.96	-0.3	-0.15	0.53	0.48		0.32	0.1	0.91	0.98	0.01	0.26	0.26	0.66	0.69	0.26
Other Current Assets	0.6	0.11	0.72	0.66	0.26	0.22	-0.03	-0.19	0.57	0.19	0.43	0.09	0.19	0.59	0.41	0.32		0.24	0.53	0.33	0.28	0.1	0.32	0.37	0.38	0.03
Other Stockholder Equity	0.09	-0.12	0.13	0.03	-0.05	0.06	0.13	0.16	0.23	-0.16	0.13	0.16	-0.16	0.14	-0.1	0.1	0.24		0.08	0.04	-0.11	0.64	-0.16	-0.09	-0.11	-0.24
Total Liab	0.94	0.26	0.8	0.83	0.21	0.88	0.46	-0.7	0.57	0.14	0.95	-0.21	0.14	0.8	0.73	0.91	0.53	0.08		0.93	0.3	0.19	0.53	0.77	0.8	0.38
Property Plant And Equipment Gross	0.78	0.05	0.62	0.6	-0.04	0.96	0.69	-0.77	0.45	-0.08	0.97	-0.37	-0.08	0.56	0.53	0.98	0.33	0.04	0.93		0.06	0.2	0.33	0.74	0.76	0.42
Total Current Assets	0.53	0.83	0.36	0.61	0.98	0.03	-0.57	-0.06	0.0	0.96	0.03	-0.12	0.96	0.57	0.8	0.01	0.28	-0.11	0.3	0.06		0.07	0.87	0.38	0.34	0.15
Short Term Debt	0.19	-0.1	0.18	0.05	0.06	0.15	0.14	0.22	0.21	0.05	0.18	-0.22	0.05	0.17	-0.05	0.26	0.1	0.64	0.19	0.2	0.07		-0.13	-0.16	-0.16	-0.37
Current Deferred Revenue	0.66	0.81	0.44	0.73	0.83	0.37	-0.27	-0.5	0.05	0.77	0.32	0.0	0.77	0.63	0.93	0.26	0.32	-0.16	0.53	0.33	0.87	-0.13		0.73	0.7	0.47
Common Stock Total Equity	0.72	0.33	0.53	0.69	0.31	0.77	0.3	-0.91	0.27	0.24	0.74	-0.1	0.24	0.54	0.76	0.66	0.37	-0.09	0.77	0.74	0.38	-0.16	0.73		0.99	0.71
Common Stock	0.74	0.32	0.55	0.71	0.27	0.79	0.31	-0.92	0.29	0.22	0.76	-0.12	0.22	0.56	0.75	0.69	0.38	-0.11	0.8	0.76	0.34	-0.16	0.7	0.99		0.71
Other Liab	0.38	0.18	0.36	0.43	0.19	0.41	0.07	-0.63	0.22	0.12	0.41	-0.16	0.12	0.2	0.44	0.26	0.03	-0.24	0.38	0.42	0.15	-0.37	0.47	0.71	0.71

Click cells to compare fundamentals

Computer Modelling Account Relationship Matchups

Computer Modelling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	120.9M	122.5M	125.1M	137.1M	172.4M	181.0M
Other Current Liab	5.8M	6.1M	6.5M	9.2M	16.8M	17.7M
Total Current Liabilities	41.4M	38.2M	38.9M	46.5M	64.2M	67.4M
Total Stockholder Equity	38.4M	43.4M	46.7M	52.5M	67.8M	36.7M
Property Plant And Equipment Net	51.4M	47.5M	44.0M	41.1M	38.9M	40.9M
Net Debt	1.9M	(8.1M)	(20.1M)	(28.9M)	(26.1M)	(27.4M)
Retained Earnings	(55.0M)	(50.9M)	(48.5M)	(44.8M)	(34.8M)	(33.0M)
Accounts Payable	402K	188K	293K	634K	2.0M	2.1M
Cash	40.5M	49.1M	59.7M	66.9M	63.1M	41.5M
Non Current Assets Total	52.4M	49.4M	46.2M	44.9M	66.4M	69.8M
Non Currrent Assets Other	16.6M	15.1M	52.4M	(42.4M)	59K	56.1K
Cash And Short Term Investments	40.5M	49.1M	59.7M	66.9M	63.1M	41.5M
Net Receivables	26.3M	23.2M	17.5M	23.9M	36.6M	38.4M
Common Stock Shares Outstanding	80.4M	80.5M	80.6M	81.1M	83.1M	80.4M
Liabilities And Stockholders Equity	120.9M	122.5M	125.1M	137.1M	172.4M	181.0M
Non Current Liabilities Total	41.1M	40.9M	39.5M	38.1M	40.4M	42.4M
Other Current Assets	2.5M	828K	2.7M	1.5M	6.3M	6.6M
Other Stockholder Equity	13.5M	14.3M	15.0M	(37.0M)	15.7M	16.5M
Total Liab	82.5M	79.1M	78.4M	84.7M	104.6M	109.8M
Property Plant And Equipment Gross	51.4M	64.2M	64.2M	64.9M	66.8M	70.2M
Total Current Assets	68.5M	73.1M	78.9M	92.3M	105.9M	58.6M
Short Term Debt	1.3M	1.4M	1.6M	1.8M	2.6M	2.7M
Current Deferred Revenue	33.8M	30.5M	30.5M	34.8M	41.1M	23.8M
Common Stock	79.9M	80.1M	80.2M	81.8M	87.3M	78.8M
Other Liab	2.2M	445K	1.3M	1.6M	1.8M	1.3M
Net Tangible Assets	47.3M	38.4M	43.4M	46.7M	42.0M	42.3M
Property Plant Equipment	51.4M	47.5M	44.0M	41.1M	47.3M	26.4M
Capital Surpluse	13.5M	14.3M	15.0M	15.5M	17.8M	14.4M
Long Term Debt Total	41.1M	39.6M	38.0M	36.2M	41.6M	24.3M
Other Assets	992K	1.8M	2.2M	2.4M	1.0	0.95
Net Invested Capital	38.4M	43.4M	46.7M	52.5M	67.8M	55.3M
Net Working Capital	27.0M	35.0M	40.0M	45.7M	41.8M	41.7M
Capital Stock	79.9M	80.1M	80.2M	81.8M	87.3M	89.6M

Pair Trading with Computer Modelling

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Computer Modelling position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Computer Modelling will appreciate offsetting losses from the drop in the long position's value.

Moving against Computer Stock

0.59	BRK	Berkshire Hathaway CDR	Pair Corr
0.57	BOFA	Bank of America	Pair Corr
0.54	JPM	JPMorgan Chase	Pair Corr
0.42	AMZN	Amazon CDR	Pair Corr
0.36	TD-PFD	Toronto Dominion Bank	Pair Corr

The ability to find closely correlated positions to Computer Modelling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Computer Modelling when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Computer Modelling - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Computer Modelling Group to buy it.

The correlation of Computer Modelling is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Computer Modelling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Computer Modelling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Computer Modelling can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Computer Stock

Balance Sheet is a snapshot of the financial position of Computer Modelling at a specified time, usually calculated after every quarter, six months, or one year. Computer Modelling Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Computer Modelling and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Computer currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Computer 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

Computer Modelling fundamental ratios Correlations

Computer Modelling Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Computer Modelling fundamental ratios Accounts

Pair Trading with Computer Modelling

Moving against Computer Stock

Other Information on Investing in Computer Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Common Stock Total Equity
Total Current Assets	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.98	Non Current Liabilities Total
Property Plant And Equipment Gross	+ 0.97	Non Current Assets Total
Non Current Liabilities Total	+ 0.96	Property Plant And Equipment Net

Common Stock	- 0.92	Retained Earnings
Common Stock Total Equity	- 0.91	Retained Earnings
Retained Earnings	- 0.86	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.77	Retained Earnings
Non Current Assets Total	- 0.75	Retained Earnings
Non Current Liabilities Total	- 0.74	Retained Earnings