CTS Retained Earnings vs Total Permanent Equity Analysis

CTS Stock

USD 54.91 0.58 1.07%

CTS financial indicator trend analysis is way more than just evaluating CTS Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CTS Corporation is a good investment. Please check the relationship between CTS Retained Earnings and its Total Permanent Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CTS Corporation. 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.

Retained Earnings vs Total Permanent Equity

Retained Earnings vs Total Permanent Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CTS Corporation Retained Earnings account and Total Permanent Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between CTS's Retained Earnings and Total Permanent Equity is 0.6. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of CTS Corporation, assuming nothing else is changed. The correlation between historical values of CTS's Retained Earnings and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of CTS Corporation are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Retained Earnings i.e., CTS's Retained Earnings and Total Permanent Equity go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Permanent Equity

Most indicators from CTS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CTS Corporation 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 CTS Corporation. 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.

At this time, CTS's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 12.36 in 2024, whereas Selling General Administrative is likely to drop slightly above 67.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	184.6M	210.5M	190.9M	130.6M
Total Revenue	512.9M	586.9M	550.4M	488.0M

Gross Profit Total Revenue

CTS 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.21	0.0	0.66	0.95	0.82	-0.27	0.96	0.6	0.95	-0.1	0.6	0.79	-0.58	0.63	0.16	-0.47	-0.73	0.71	0.32	0.82	-0.24	0.74	0.46	0.86	0.82
Short Long Term Debt Total	0.21		0.46	0.19	0.03	-0.07	-0.03	0.18	0.47	0.08	0.05	0.47	0.07	0.02	0.64	-0.14	0.05	-0.36	0.54	-0.09	0.4	0.48	-0.04	0.15	0.29	0.33
Other Current Liab	0.0	0.46		0.39	-0.15	-0.3	-0.17	-0.01	0.33	-0.07	0.18	0.33	0.01	0.18	0.26	-0.25	-0.28	-0.22	0.34	-0.22	0.15	0.49	-0.17	0.22	0.17	0.28
Total Current Liabilities	0.66	0.19	0.39		0.48	0.44	-0.15	0.58	0.46	0.5	0.3	0.46	0.89	0.02	0.58	0.43	-0.25	-0.42	0.81	0.08	0.77	-0.2	0.35	0.91	0.64	0.75
Total Stockholder Equity	0.95	0.03	-0.15	0.48		0.82	-0.41	0.95	0.55	0.96	-0.29	0.55	0.64	-0.7	0.37	0.02	-0.56	-0.7	0.46	0.35	0.67	-0.21	0.76	0.25	0.82	0.74
Property Plant And Equipment Net	0.82	-0.07	-0.3	0.44	0.82		0.01	0.75	0.28	0.88	-0.24	0.28	0.71	-0.45	0.46	0.29	-0.32	-0.53	0.5	0.46	0.48	-0.48	0.81	0.31	0.57	0.54
Net Debt	-0.27	-0.03	-0.17	-0.15	-0.41	0.01		-0.34	-0.74	-0.25	0.32	-0.74	-0.01	0.12	0.26	0.42	0.6	0.54	0.13	-0.35	-0.24	-0.38	-0.32	0.03	-0.55	-0.52
Retained Earnings	0.96	0.18	-0.01	0.58	0.95	0.75	-0.34		0.54	0.94	-0.22	0.54	0.69	-0.63	0.49	-0.01	-0.57	-0.74	0.58	0.25	0.71	-0.14	0.67	0.38	0.89	0.84
Cash	0.6	0.47	0.33	0.46	0.55	0.28	-0.74	0.54		0.51	-0.09	1.0	0.37	-0.05	0.42	-0.16	-0.55	-0.83	0.48	0.52	0.6	0.24	0.6	0.26	0.79	0.79
Non Current Assets Total	0.95	0.08	-0.07	0.5	0.96	0.88	-0.25	0.94	0.51		-0.29	0.51	0.67	-0.63	0.49	-0.02	-0.62	-0.76	0.55	0.35	0.6	-0.26	0.82	0.26	0.8	0.77
Non Currrent Assets Other	-0.1	0.05	0.18	0.3	-0.29	-0.24	0.32	-0.22	-0.09	-0.29		-0.09	0.25	0.4	0.35	0.47	0.49	0.22	0.37	-0.17	0.28	-0.36	-0.34	0.49	-0.08	-0.06
Cash And Short Term Investments	0.6	0.47	0.33	0.46	0.55	0.28	-0.74	0.54	1.0	0.51	-0.09		0.37	-0.05	0.42	-0.16	-0.55	-0.83	0.48	0.52	0.6	0.24	0.6	0.26	0.79	0.79
Net Receivables	0.79	0.07	0.01	0.89	0.64	0.71	-0.01	0.69	0.37	0.67	0.25	0.37		-0.1	0.65	0.59	-0.14	-0.44	0.81	0.24	0.81	-0.42	0.55	0.86	0.66	0.71
Common Stock Shares Outstanding	-0.58	0.02	0.18	0.02	-0.7	-0.45	0.12	-0.63	-0.05	-0.63	0.4	-0.05	-0.1		-0.08	0.2	0.32	0.26	-0.05	0.1	-0.31	0.06	-0.26	0.26	-0.33	-0.19
Non Current Liabilities Total	0.63	0.64	0.26	0.58	0.37	0.46	0.26	0.49	0.42	0.49	0.35	0.42	0.65	-0.08		0.35	0.0	-0.48	0.95	0.14	0.7	-0.18	0.38	0.54	0.52	0.54
Inventory	0.16	-0.14	-0.25	0.43	0.02	0.29	0.42	-0.01	-0.16	-0.02	0.47	-0.16	0.59	0.2	0.35		0.6	0.33	0.42	0.23	0.45	-0.52	0.08	0.61	-0.02	-0.08
Other Current Assets	-0.47	0.05	-0.28	-0.25	-0.56	-0.32	0.6	-0.57	-0.55	-0.62	0.49	-0.55	-0.14	0.32	0.0	0.6		0.73	-0.09	-0.21	-0.07	-0.15	-0.58	0.07	-0.6	-0.66
Other Stockholder Equity	-0.73	-0.36	-0.22	-0.42	-0.7	-0.53	0.54	-0.74	-0.83	-0.76	0.22	-0.83	-0.44	0.26	-0.48	0.33	0.73		-0.51	-0.42	-0.48	-0.1	-0.72	-0.18	-0.84	-0.86
Total Liab	0.71	0.54	0.34	0.81	0.46	0.5	0.13	0.58	0.48	0.55	0.37	0.48	0.81	-0.05	0.95	0.42	-0.09	-0.51		0.13	0.81	-0.21	0.41	0.74	0.62	0.68
Property Plant And Equipment Gross	0.32	-0.09	-0.22	0.08	0.35	0.46	-0.35	0.25	0.52	0.35	-0.17	0.52	0.24	0.1	0.14	0.23	-0.21	-0.42	0.13		0.2	-0.19	0.72	0.04	0.48	0.31
Total Current Assets	0.82	0.4	0.15	0.77	0.67	0.48	-0.24	0.71	0.6	0.6	0.28	0.6	0.81	-0.31	0.7	0.45	-0.07	-0.48	0.81	0.2		-0.14	0.4	0.7	0.74	0.7
Short Term Debt	-0.24	0.48	0.49	-0.2	-0.21	-0.48	-0.38	-0.14	0.24	-0.26	-0.36	0.24	-0.42	0.06	-0.18	-0.52	-0.15	-0.1	-0.21	-0.19	-0.14		-0.27	-0.25	-0.01	0.03
Intangible Assets	0.74	-0.04	-0.17	0.35	0.76	0.81	-0.32	0.67	0.6	0.82	-0.34	0.6	0.55	-0.26	0.38	0.08	-0.58	-0.72	0.41	0.72	0.4	-0.27		0.15	0.68	0.63
Accounts Payable	0.46	0.15	0.22	0.91	0.25	0.31	0.03	0.38	0.26	0.26	0.49	0.26	0.86	0.26	0.54	0.61	0.07	-0.18	0.74	0.04	0.7	-0.25	0.15		0.47	0.57
Common Stock Total Equity	0.86	0.29	0.17	0.64	0.82	0.57	-0.55	0.89	0.79	0.8	-0.08	0.79	0.66	-0.33	0.52	-0.02	-0.6	-0.84	0.62	0.48	0.74	-0.01	0.68	0.47		0.94
Common Stock	0.82	0.33	0.28	0.75	0.74	0.54	-0.52	0.84	0.79	0.77	-0.06	0.79	0.71	-0.19	0.54	-0.08	-0.66	-0.86	0.68	0.31	0.7	0.03	0.63	0.57	0.94

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CTS Account Relationship Matchups

CTS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	643.4M	626.0M	664.5M	748.5M	741.2M	469.8M
Short Long Term Debt Total	127.4M	81.1M	74.7M	109.4M	96.9M	85.5M
Other Current Liab	43.1M	38.1M	42.6M	39.7M	37.9M	43.3M
Total Current Liabilities	96.9M	104.9M	114.1M	112.5M	97.0M	101.3M
Total Stockholder Equity	405.2M	423.7M	463.6M	506.2M	526.8M	281.1M
Property Plant And Equipment Net	129.7M	120.7M	118.5M	120.0M	119.0M	102.5M
Net Debt	27.2M	(10.7M)	(66.7M)	(47.6M)	(67.0M)	(63.7M)
Retained Earnings	509.8M	539.3M	492.2M	546.7M	602.2M	311.2M
Cash	100.2M	91.8M	141.5M	156.9M	163.9M	172.1M
Non Current Assets Total	405.9M	392.8M	375.4M	422.7M	421.8M	260.1M
Non Currrent Assets Other	3.0M	2.6M	2.4M	17.4M	15.3M	14.6M
Cash And Short Term Investments	100.2M	91.8M	141.5M	156.9M	163.9M	172.1M
Net Receivables	78.0M	81.0M	82.2M	90.9M	78.6M	73.7M
Common Stock Shares Outstanding	33.1M	32.6M	32.3M	32.2M	31.6M	36.5M
Liabilities And Stockholders Equity	643.4M	626.0M	664.5M	748.5M	741.2M	469.8M
Non Current Liabilities Total	141.2M	97.4M	86.8M	129.7M	117.3M	93.2M
Inventory	42.2M	45.9M	49.5M	62.3M	60.0M	55.9M
Other Current Assets	17.0M	14.6M	15.9M	15.7M	16.9M	15.3M
Other Stockholder Equity	(320.8M)	(330.9M)	(338.8M)	(356.6M)	(398.9M)	(379.0M)
Total Liab	238.1M	202.4M	200.9M	242.3M	214.3M	192.5M
Property Plant And Equipment Gross	129.7M	120.7M	118.5M	120.0M	362.6M	380.7M
Total Current Assets	237.5M	233.2M	289.1M	325.8M	319.3M	214.0M
Accumulated Other Comprehensive Income	(91.7M)	(95.9M)	(4.5M)	(671K)	4.3M	4.5M
Short Term Debt	2.8M	6.6M	6.8M	7.9M	8.8M	17.0M
Intangible Assets	85.2M	79.1M	69.9M	108.1M	104.0M	109.2M
Accounts Payable	48.2M	50.5M	55.5M	53.2M	43.5M	51.8M
Common Stock Total Equity	307.9M	311.2M	314.6M	316.8M	364.3M	306.3M
Common Stock	307.9M	311.2M	314.6M	316.8M	319.3M	308.6M
Other Liab	16.5M	19.7M	15.5M	24.3M	28.0M	17.4M
Other Assets	84.9M	106.8M	77.2M	42.3M	38.1M	36.2M
Long Term Debt	50M	99.7M	54.6M	83.7M	67.5M	66.0M
Treasury Stock	(364.4M)	(372.5M)	(381.3M)	(402.8M)	(362.5M)	(380.6M)
Property Plant Equipment	105.0M	97.4M	118.5M	120.0M	108.0M	85.4M
Good Will	106.1M	109.5M	109.8M	152.4M	157.6M	165.5M
Current Deferred Revenue	2.9M	50.5M	54.7M	23.5M	2.2M	2.1M
Net Tangible Assets	213.9M	235.1M	283.9M	245.8M	282.7M	247.4M
Retained Earnings Total Equity	509.8M	539.3M	492.2M	546.7M	628.7M	480.2M
Short Term Investments	278K	576K	82K	1.6M	1.1M	1.2M
Long Term Debt Total	50M	99.7M	54.6M	83.7M	75.3M	64.8M

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