Camtek Common Stock vs Cash Analysis

CAMT Stock  USD 71.89  0.77  1.08%   
Camtek financial indicator trend analysis is way more than just evaluating Camtek prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camtek is a good investment. Please check the relationship between Camtek Common Stock and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camtek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.

Common Stock vs Cash

Common Stock vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camtek Common Stock account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Camtek's Common Stock and Cash is 0.75. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Camtek, assuming nothing else is changed. The correlation between historical values of Camtek's Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Camtek are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Camtek's Common Stock and Cash go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Cash

Cash refers to the most liquid asset of Camtek, which is listed under current asset account on Camtek balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Camtek customers. The amounts must be unrestricted with restricted cash listed in a different Camtek account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Camtek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camtek 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 Camtek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.At this time, Camtek's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit137.3M159.9M147.6M155.0M
Total Revenue269.7M320.9M315.4M331.1M

Camtek fundamental ratios Correlations

0.970.640.980.990.960.640.980.970.820.920.820.970.980.690.710.970.980.90.930.980.990.99-0.420.710.69
0.970.620.940.920.880.680.930.90.840.860.740.960.920.580.631.00.930.840.831.00.950.97-0.30.640.58
0.640.620.730.610.580.160.520.650.720.420.270.690.650.830.850.630.640.430.710.660.60.69-0.590.170.83
0.980.940.730.970.930.530.930.980.880.850.760.970.960.730.750.950.980.840.950.970.960.99-0.480.650.75
0.990.920.610.970.970.620.980.980.780.930.850.950.980.720.720.930.990.910.950.950.980.97-0.460.740.71
0.960.880.580.930.970.650.960.940.70.940.880.880.980.730.730.890.970.930.930.910.980.92-0.470.790.72
0.640.680.160.530.620.650.740.490.170.820.770.490.660.110.140.690.630.810.370.660.710.550.130.770.04
0.980.930.520.930.980.960.740.940.70.970.890.910.960.610.620.940.970.950.870.940.980.94-0.350.80.59
0.970.90.650.980.980.940.490.940.840.870.80.940.960.760.750.90.980.850.970.930.950.96-0.530.690.76
0.820.840.720.880.780.70.170.70.840.550.430.920.750.70.750.830.770.530.840.850.750.89-0.50.290.75
0.920.860.420.850.930.940.820.970.870.550.970.790.920.530.510.870.940.980.790.880.950.84-0.260.920.48
0.820.740.270.760.850.880.770.890.80.430.970.670.820.450.390.760.860.940.70.760.870.73-0.180.980.38
0.970.960.690.970.950.880.490.910.940.920.790.670.920.70.750.960.930.770.920.970.930.99-0.460.530.73
0.980.920.650.960.980.980.660.960.960.750.920.820.920.720.750.930.980.910.930.950.980.96-0.480.720.73
0.690.580.830.730.720.730.110.610.760.70.530.450.70.720.970.590.710.510.840.630.670.72-0.710.340.97
0.710.630.850.750.720.730.140.620.750.750.510.390.750.750.970.640.710.50.850.670.690.75-0.720.260.98
0.971.00.630.950.930.890.690.940.90.830.870.760.960.930.590.640.930.860.841.00.960.97-0.310.660.59
0.980.930.640.980.990.970.630.970.980.770.940.860.930.980.710.710.930.920.940.950.990.96-0.470.770.7
0.90.840.430.840.910.930.810.950.850.530.980.940.770.910.510.50.860.920.770.860.930.83-0.220.910.47
0.930.830.710.950.950.930.370.870.970.840.790.70.920.930.840.850.840.940.770.870.910.94-0.620.580.87
0.981.00.660.970.950.910.660.940.930.850.880.760.970.950.630.671.00.950.860.870.970.98-0.350.660.63
0.990.950.60.960.980.980.710.980.950.750.950.870.930.980.670.690.960.990.930.910.970.96-0.40.780.66
0.990.970.690.990.970.920.550.940.960.890.840.730.990.960.720.750.970.960.830.940.980.96-0.460.610.74
-0.42-0.3-0.59-0.48-0.46-0.470.13-0.35-0.53-0.5-0.26-0.18-0.46-0.48-0.71-0.72-0.31-0.47-0.22-0.62-0.35-0.4-0.46-0.06-0.77
0.710.640.170.650.740.790.770.80.690.290.920.980.530.720.340.260.660.770.910.580.660.780.61-0.060.25
0.690.580.830.750.710.720.040.590.760.750.480.380.730.730.970.980.590.70.470.870.630.660.74-0.770.25
Click cells to compare fundamentals

Camtek Account Relationship Matchups

Camtek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets170.4M287.9M583.8M677.1M787.7M827.1M
Other Current Liab17.4M22.6M32.7M34.7M32.8M17.6M
Total Current Liabilities31.6M57.4M89.7M88.5M96.7M101.5M
Total Stockholder Equity136.3M227.3M293.6M384.1M476.1M500.0M
Property Plant And Equipment Net18.5M20.4M25.4M33.1M42.0M44.1M
Net Debt(37.2M)(104.4M)(47.3M)47.6M81.2M85.2M
Retained Earnings36.7M58.5M118.8M198.7M277.4M291.2M
Accounts Payable11.3M27.2M33.6M31.7M42.2M44.3M
Cash38.0M105.8M241.9M148.2M120.0M126.0M
Non Current Assets Total22.7M26.0M63.6M120.1M240.9M252.9M
Non Currrent Assets Other2.9M4.5M5.3M6.4M31.4M33.0M
Cash And Short Term Investments89.5M177.8M397.9M399.7M354.0M371.7M
Net Receivables31.4M41.0M57.8M80.6M87.3M91.7M
Common Stock Total Equity149K151K157K171K196.7K147K
Common Stock Shares Outstanding38.4M40.4M45.0M48.2M48.9M34.9M
Liabilities And Stockholders Equity170.4M287.9M583.8M677.1M787.7M827.1M
Non Current Liabilities Total2.5M3.3M200.4M204.5M214.8M225.6M
Inventory23.8M39.7M58.8M65.5M85.9M90.2M
Other Current Assets2.9M3.4M5.7M11.2M19.5M20.5M
Other Stockholder Equity99.4M168.6M174.7M185.2M198.5M208.4M
Total Liab34.1M60.6M290.1M293.0M311.5M327.1M
Property Plant And Equipment Gross18.5M20.4M43.3M54.0M67.1M70.4M
Total Current Assets147.7M261.9M520.2M557.0M546.8M574.1M
Short Term Debt826K736K1.0M1.3M1.7M1.7M
Intangible Assets491K609K610K597K16.9M17.8M
Common Stock157K171K172K175K176K152.4K
Other Liab1.4M1.7M2.6M5.8M6.7M3.5M
Other Assets4.7M3.7M5.0M37.6M43.2M45.4M
Property Plant Equipment18.5M20.4M25.4M33.1M38.1M40.0M
Current Deferred Revenue2.0M6.2M10.8M12.8M14.7M15.4M
Net Tangible Assets135.8M226.7M293.0M383.5M441.0M463.1M
Net Invested Capital136.3M227.3M488.3M579.8M673.0M359.9M
Net Working Capital116.1M204.5M430.5M468.5M450.1M285.0M

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Additional Tools for Camtek Stock Analysis

When running Camtek's price analysis, check to measure Camtek'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 Camtek is operating at the current time. Most of Camtek's value examination focuses on studying past and present price action to predict the probability of Camtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camtek's price. Additionally, you may evaluate how the addition of Camtek to your portfolios can decrease your overall portfolio volatility.