Castellum Non Current Assets Total vs Accounts Payable Analysis
| CTM Stock | USD 0.60 0.19 46.34% |
Castellum financial indicator trend analysis is way more than just evaluating Castellum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Castellum is a good investment. Please check the relationship between Castellum Non Current Assets Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castellum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Castellum Stock, please use our How to Invest in Castellum guide.
Non Current Assets Total vs Accounts Payable
Non Current Assets Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Castellum Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Castellum's Non Current Assets Total and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Castellum, assuming nothing else is changed. The correlation between historical values of Castellum's Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Castellum are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., Castellum's Non Current Assets Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents Castellum obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Castellum are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Castellum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Castellum 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 Castellum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Castellum Stock, please use our How to Invest in Castellum guide.At this time, Castellum's Selling General Administrative is very stable compared to the past year. As of the 21st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.50, though Tax Provision is likely to grow to (1.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 32.8M | 51.6M | 55.1M | 57.8M | Depreciation And Amortization | 1.9M | 2.0M | 2.5M | 1.4M |
Castellum fundamental ratios Correlations
Click cells to compare fundamentals
Castellum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castellum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Castellum Stock, please use our How to Invest in Castellum guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Application Software 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 Castellum. If investors know Castellum 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 Castellum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 0.886 | Quarterly Revenue Growth (0.08) | Return On Assets (0.14) | Return On Equity (1.02) |
The market value of Castellum is measured differently than its book value, which is the value of Castellum that is recorded on the company's balance sheet. Investors also form their own opinion of Castellum's value that differs from its market value or its book value, called intrinsic value, which is Castellum'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 Castellum's market value can be influenced by many factors that don't directly affect Castellum'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 Castellum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Castellum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castellum'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.