Carpenter Technology Financials

CRS Stock  USD 194.46  1.68  0.86%   
Based on the key measurements obtained from Carpenter Technology's financial statements, Carpenter Technology is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December. At this time, Carpenter Technology's Net Receivables is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 98.8 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 466 M in 2024. Key indicators impacting Carpenter Technology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.640.4262
Way Up
Pretty Stable
Current Ratio2.073.4124
Way Down
Pretty Stable
Investors should never underestimate Carpenter Technology's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Carpenter Technology's cash flow, debt, and profitability to make informed and accurate decisions about investing in Carpenter Technology.

Cash And Equivalents

48.62 Million

  
Understanding current and past Carpenter Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Carpenter Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Carpenter Technology's assets may result in an increase in income on the income statement.

Carpenter Technology Earnings Geography

Please note, the imprecision that can be found in Carpenter Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Carpenter Technology. Check Carpenter Technology's Beneish M Score to see the likelihood of Carpenter Technology's management manipulating its earnings.

Carpenter Technology Stock Summary

Carpenter Technology competes with Worthington Industries, Ryerson Holding, Mueller Industries, Allegheny Technologies, and ESAB Corp. Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. The company was founded in 1889 and is headquartered in Philadelphia, Pennsylvania. Carpenter Technology operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 4100 people.
Specialization
Industrials, Metal Fabrication
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1442851036
CUSIP144285103
LocationPennsylvania; U.S.A
Business Address1735 Market Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.carpentertechnology.com
Phone610 208 2000
CurrencyUSD - US Dollar

Carpenter Technology Key Financial Ratios

Carpenter Technology Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.0B2.9B3.1B3.3B2.0B
Other Current Liab145.6M146.3M108.8M158.2M180.3M97.8M
Net Debt528.7M407.1M547.5M648.5M542.3M328.2M
Retained Earnings1.6B1.3B1.2B1.2B1.4B791.7M
Cash193.1M287.4M154.2M44.5M199.1M127.4M
Net Receivables292.3M308.7M382.3M531.3M562.6M590.7M
Inventory724.3M425.7M496.1M639.7M735.4M373.3M
Other Current Assets56.6M95.6M86.8M66.4M94.1M98.8M
Total Liab1.8B1.6B1.6B1.7B1.7B1.1B
Total Current Assets1.3B1.1B1.1B1.3B1.6B808.3M
Short Term Debt170M9M9.9M9.1M8.8M8.4M
Accounts Payable238.7M124.2M142.4M242.1M263.9M149.6M
Common Stock278.6M279M280.1M280.7M284.9M193.9M
Intangible Assets52.1M43.1M35.2M28.7M15.2M14.4M
Other Liab727.3M578.1M534.4M461.8M531.1M468.6M
Other Assets65.5M111.8M115.5M118.1M1.00.95
Long Term Debt551.8M694.5M691.8M693M694.2M512.2M
Good Will268.7M326.4M290.4M241.4M227.3M182.2M
Treasury Stock(332.8M)(325.8M)(317.4M)(307.4M)(276.7M)(290.5M)
Net Tangible Assets956.2M1.1B1.1B1.4B1.6B1.1B
Long Term Debt Total551.8M694.5M691.8M693M797.0M627.7M

Carpenter Technology Key Income Statement Accounts

The reason investors look at the income statement is to determine what Carpenter Technology's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense19.8M32.7M44.9M54.1M65.4M68.7M
Total Revenue2.2B1.5B1.8B2.6B2.8B1.5B
Gross Profit358.7M1M149.8M337.3M584.3M302.3M
Operating Income158.3M(179.2M)(12.2M)133.1M323.1M339.3M
Ebit157.6M(264.8M)(17.8M)126.6M262.6M275.7M
Ebitda282.2M(141.2M)113.6M257.6M397.2M205.9M
Cost Of Revenue1.8B1.5B1.7B2.2B2.2B1.2B
Income Before Tax6.1M(297.9M)(63.1M)72.5M211.6M222.2M
Net Income1.5M(229.6M)(49.1M)56.4M186.5M195.8M
Income Tax Expense4.6M(68.3M)(14M)16.1M25.1M20.2M
Research Development28M19.7M20.4M24.4M25.6M19.1M
Tax Provision4.6M(68.3M)(14M)16.1M25.1M26.4M
Interest Income16.8M32.7M100K54.1M1.8M1.7M
Net Interest Income(19.7M)(32.7M)(44.9M)(54.1M)(63.6M)(60.4M)

Carpenter Technology Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory31.3M238.5M(71.9M)(140.3M)(96.7M)(91.9M)
Change In Cash166.1M94.3M(133.2M)(109.7M)154.6M162.3M
Free Cash Flow60.4M149.5M(85.3M)(67.6M)178.3M187.2M
Depreciation123.9M123.6M131.4M131M134.6M81.9M
Dividends Paid38.8M39.1M39.2M39.4M40M31.9M
Capital Expenditures171.4M100.5M91.3M82.3M96.6M109.6M
Net Income1.5M(229.6M)(49.1M)56.4M186.5M195.8M
End Period Cash Flow193.1M287.4M154.2M44.5M199.1M141.2M
Other Non Cash Items135.8M158.5M(6.4M)22.4M110.5M116.0M
Investments(171.2M)(78.9M)(89.1M)(82.3M)(95.9M)(91.1M)
Change Receivables90.3M(14.9M)(79M)(144.5M)(130.1M)(123.5M)
Net Borrowings150.3M(24.5M)(3.4M)(1.9M)(1.7M)(1.6M)
Change To Netincome83.4M135.3M3.7M38.4M44.2M48.4M

Carpenter Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Carpenter Technology's current stock value. Our valuation model uses many indicators to compare Carpenter Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Carpenter Technology competition to find correlations between indicators driving Carpenter Technology's intrinsic value. More Info.
Carpenter Technology is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Carpenter Technology is roughly  1.92 . At this time, Carpenter Technology's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Carpenter Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Carpenter Technology Systematic Risk

Carpenter Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Carpenter Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Carpenter Technology correlated with the market. If Beta is less than 0 Carpenter Technology generally moves in the opposite direction as compared to the market. If Carpenter Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Carpenter Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Carpenter Technology is generally in the same direction as the market. If Beta > 1 Carpenter Technology moves generally in the same direction as, but more than the movement of the benchmark.

Carpenter Technology Thematic Clasifications

Carpenter Technology is part of Steel Works Etc investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Steel Works EtcView
This theme covers USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Carpenter Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Carpenter Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Carpenter Technology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.13

At this time, Carpenter Technology's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Carpenter Technology November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Carpenter Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Carpenter Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Carpenter Technology based on widely used predictive technical indicators. In general, we focus on analyzing Carpenter Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Carpenter Technology's daily price indicators and compare them against related drivers.

Additional Tools for Carpenter Stock Analysis

When running Carpenter Technology's price analysis, check to measure Carpenter Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.