Ceragon Property Plant Equipment vs Good Will Analysis

CRNT Stock  USD 4.54  0.47  11.55%   
Ceragon Networks financial indicator trend analysis is way more than just evaluating Ceragon Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceragon Networks is a good investment. Please check the relationship between Ceragon Networks Property Plant Equipment and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceragon Networks. 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.
For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.

Property Plant Equipment vs Good Will

Property Plant Equipment vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceragon Networks Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Ceragon Networks' Property Plant Equipment and Good Will is 0.08. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of Ceragon Networks, assuming nothing else is changed. The correlation between historical values of Ceragon Networks' Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Ceragon Networks are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Ceragon Networks' Property Plant Equipment and Good Will go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Ceragon Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceragon Networks 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 Ceragon Networks. 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.
For more information on how to buy Ceragon Stock please use our How to Invest in Ceragon Networks guide.At this time, Ceragon Networks' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 7.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit88.4M93.1M119.9M78.3M
Total Revenue290.8M295.2M347.2M246.0M

Ceragon Networks fundamental ratios Correlations

0.650.760.910.810.560.16-0.390.880.750.830.290.830.870.290.210.810.930.610.940.080.980.290.860.530.29
0.650.560.760.280.580.75-0.370.550.490.570.150.520.50.160.030.60.620.340.760.370.630.180.650.090.11
0.760.560.810.380.130.24-0.080.610.610.49-0.020.740.73-0.06-0.190.770.660.210.85-0.10.79-0.070.850.310.35
0.910.760.810.540.390.23-0.390.910.840.610.040.860.910.260.110.710.780.510.970.00.940.250.820.340.11
0.810.280.380.540.69-0.1-0.520.670.510.820.530.550.630.510.520.490.820.760.560.210.750.510.510.570.21
0.560.580.130.390.690.48-0.730.440.230.70.580.220.290.580.590.290.620.740.380.670.470.620.280.240.09
0.160.750.240.23-0.10.48-0.1-0.06-0.170.330.23-0.07-0.13-0.1-0.140.360.28-0.030.290.490.1-0.060.29-0.080.35
-0.39-0.37-0.08-0.39-0.52-0.73-0.1-0.52-0.4-0.29-0.29-0.25-0.42-0.91-0.870.13-0.39-0.92-0.25-0.38-0.4-0.920.04-0.060.32
0.880.550.610.910.670.44-0.06-0.520.870.580.120.820.950.430.320.560.720.660.86-0.040.920.410.670.4-0.09
0.750.490.610.840.510.23-0.17-0.40.870.39-0.120.930.920.270.140.450.50.490.77-0.040.820.250.640.21-0.27
0.830.570.490.610.820.70.33-0.290.580.390.650.460.520.290.270.760.860.550.70.220.720.30.730.670.4
0.290.15-0.020.040.530.580.23-0.290.12-0.120.65-0.180.060.340.410.210.350.430.10.030.150.350.120.730.16
0.830.520.740.860.550.22-0.07-0.250.820.930.46-0.180.890.08-0.040.630.630.370.850.010.890.070.770.220.05
0.870.50.730.910.630.29-0.13-0.420.950.920.520.060.890.310.190.560.660.570.86-0.130.920.290.710.38-0.1
0.290.16-0.060.260.510.58-0.1-0.910.430.270.290.340.080.310.97-0.230.340.920.110.190.271.0-0.160.16-0.32
0.210.03-0.190.110.520.59-0.14-0.870.320.140.270.41-0.040.190.97-0.280.30.89-0.010.20.180.97-0.250.18-0.27
0.810.60.770.710.490.290.360.130.560.450.760.210.630.56-0.23-0.280.770.090.85-0.020.77-0.230.960.520.6
0.930.620.660.780.820.620.28-0.390.720.50.860.350.630.660.340.30.770.610.830.180.880.350.770.490.48
0.610.340.210.510.760.74-0.03-0.920.660.490.550.430.370.570.920.890.090.610.410.220.580.920.170.34-0.17
0.940.760.850.970.560.380.29-0.250.860.770.70.10.850.860.11-0.010.850.830.41-0.010.950.110.920.420.28
0.080.37-0.10.00.210.670.49-0.38-0.04-0.040.220.030.01-0.130.190.2-0.020.180.22-0.010.030.250.01-0.47-0.03
0.980.630.790.940.750.470.1-0.40.920.820.720.150.890.920.270.180.770.880.580.950.030.260.850.450.23
0.290.18-0.070.250.510.62-0.06-0.920.410.250.30.350.070.291.00.97-0.230.350.920.110.250.26-0.160.14-0.31
0.860.650.850.820.510.280.290.040.670.640.730.120.770.71-0.16-0.250.960.770.170.920.010.85-0.160.450.43
0.530.090.310.340.570.24-0.08-0.060.40.210.670.730.220.380.160.180.520.490.340.42-0.470.450.140.450.37
0.290.110.350.110.210.090.350.32-0.09-0.270.40.160.05-0.1-0.32-0.270.60.48-0.170.28-0.030.23-0.310.430.37
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Ceragon Networks Account Relationship Matchups

Ceragon Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets289.9M272.4M292.6M301.6M298.5M249.4M
Other Current Liab28.2M19.7M18.7M17.3M20.6M18.1M
Total Current Liabilities104.2M100.4M115.7M132.8M133.0M96.1M
Total Stockholder Equity160.4M146.1M137.2M132.1M134.0M130.6M
Property Plant And Equipment Net34.9M39.1M49.6M47.4M49.5M52.0M
Net Debt(9.3M)(14.1M)19.3M31.5M22.0M23.1M
Retained Earnings(229.1M)(246.9M)(261.7M)(269.1M)(275.2M)(261.4M)
Accounts Payable59.6M63.7M69.4M67.4M67.0M53.8M
Cash23.9M27.1M17.1M22.9M28.2M24.4M
Non Current Assets Total74.3M72.7M78.6M78.6M80.6M50.0M
Non Currrent Assets Other23.4M19.2M22.7M22.9M6.9M9.9M
Cash And Short Term Investments23.9M27.1M17.1M22.9M28.2M31.1M
Net Receivables129.6M107.4M107.8M100.0M104.3M94.6M
Common Stock Shares Outstanding80.3M81.1M83.4M84.1M85.5M53.3M
Liabilities And Stockholders Equity289.9M272.4M292.6M301.6M298.5M249.4M
Non Current Liabilities Total25.3M25.9M39.7M36.7M31.6M22.7M
Inventory62.1M50.6M61.4M72.0M68.8M50.2M
Other Stockholder Equity398.0M400.9M408.2M412.1M417.1M318.9M
Total Liab129.5M126.3M155.4M169.5M164.5M118.8M
Property Plant And Equipment Gross34.9M38.5M49.6M47.4M181.1M190.1M
Total Current Assets215.6M199.7M214.0M223.0M217.9M199.3M
Accumulated Other Comprehensive Income(8.7M)(8.1M)(9.5M)(11.2M)(8.1M)(7.7M)
Other Liab20.4M22.0M22.5M23.5M27.0M18.4M
Other Assets21.3M27.9M22.7M22.9M1.00.95
Other Current Assets11.0M14.8M17.2M15.8M7.0M10.6M
Property Plant Equipment45.0M38.5M49.6M47.4M54.5M57.3M
Current Deferred Revenue1.7M3.5M3.4M3.3M8.8M6.8M
Short Term Debt14.6M9.2M19.2M41.2M36.5M19.3M
Intangible Assets7.9M6.1M6.3M8.2M16.4M17.2M
Net Tangible Assets152.5M140.0M130.9M111.6M128.3M137.1M

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