Columbus Stock Based Compensation vs Dividends Paid Analysis

CMCO Stock  USD 38.90  0.15  0.38%   
Columbus McKinnon financial indicator trend analysis is way more than just evaluating Columbus McKinnon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Columbus McKinnon is a good investment. Please check the relationship between Columbus McKinnon Stock Based Compensation and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.

Stock Based Compensation vs Dividends Paid

Stock Based Compensation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Columbus McKinnon Stock Based Compensation account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Columbus McKinnon's Stock Based Compensation and Dividends Paid is -0.2. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Columbus McKinnon, assuming nothing else is changed. The correlation between historical values of Columbus McKinnon's Stock Based Compensation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Columbus McKinnon are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Stock Based Compensation i.e., Columbus McKinnon's Stock Based Compensation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Columbus McKinnon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Columbus McKinnon 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 Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.As of the 14th of December 2024, Selling General Administrative is likely to drop to about 74.7 M. In addition to that, Discontinued Operations is likely to drop to about 841.6 K
 2021 2022 2023 2024 (projected)
Gross Profit315.7M342.1M347.7M206.2M
Total Revenue906.6M936.2M1.0B689.0M

Columbus McKinnon fundamental ratios Correlations

0.880.920.840.970.640.910.940.830.361.00.640.360.890.780.850.820.660.970.860.90.80.740.960.610.28
0.880.810.940.80.810.870.760.840.320.880.550.320.930.840.960.950.690.830.970.790.840.760.880.710.34
0.920.810.830.860.590.820.870.740.40.910.580.40.890.780.830.810.450.860.840.740.80.70.890.660.16
0.840.940.830.750.740.770.750.870.410.840.610.410.940.890.960.960.680.760.980.650.880.750.860.830.39
0.970.80.860.750.550.840.960.820.370.960.680.370.820.720.740.740.680.990.750.940.760.640.920.440.16
0.640.810.590.740.550.710.580.560.140.640.110.140.750.70.760.790.540.570.760.560.660.680.60.560.34
0.910.870.820.770.840.710.780.62-0.010.930.37-0.010.790.610.790.780.490.870.790.890.580.880.910.50.21
0.940.760.870.750.960.580.780.780.410.940.690.410.810.740.750.720.640.920.760.820.760.630.90.550.3
0.830.840.740.870.820.560.620.780.640.810.790.640.880.890.860.850.860.830.870.720.930.440.780.670.3
0.360.320.40.410.370.14-0.010.410.640.290.581.00.430.620.430.340.580.340.420.170.73-0.160.230.420.32
1.00.880.910.840.960.640.930.940.810.290.630.290.870.750.850.820.650.970.850.910.760.770.980.610.28
0.640.550.580.610.680.110.370.690.790.580.630.580.590.620.610.550.60.660.610.530.680.190.650.510.21
0.360.320.40.410.370.14-0.010.410.641.00.290.580.430.620.430.340.580.340.420.170.73-0.160.230.420.32
0.890.930.890.940.820.750.790.810.880.430.870.590.430.930.930.960.670.840.940.740.920.680.850.710.2
0.780.840.780.890.720.70.610.740.890.620.750.620.620.930.880.930.760.740.890.630.970.510.690.710.36
0.850.960.830.960.740.760.790.750.860.430.850.610.430.930.880.940.680.761.00.670.880.70.860.860.45
0.820.950.810.960.740.790.780.720.850.340.820.550.340.960.930.940.660.780.950.710.880.720.80.710.26
0.660.690.450.680.680.540.490.640.860.580.650.60.580.670.760.680.660.70.690.660.780.330.590.490.46
0.970.830.860.760.990.570.870.920.830.340.970.660.340.840.740.760.780.70.770.960.760.650.910.440.14
0.860.970.840.980.750.760.790.760.870.420.850.610.420.940.891.00.950.690.770.670.890.720.870.860.44
0.90.790.740.650.940.560.890.820.720.170.910.530.170.740.630.670.710.660.960.670.630.640.840.270.05
0.80.840.80.880.760.660.580.760.930.730.760.680.730.920.970.880.880.780.760.890.630.450.710.70.32
0.740.760.70.750.640.680.880.630.44-0.160.770.19-0.160.680.510.70.720.330.650.720.640.450.80.550.33
0.960.880.890.860.920.60.910.90.780.230.980.650.230.850.690.860.80.590.910.870.840.710.80.670.3
0.610.710.660.830.440.560.50.550.670.420.610.510.420.710.710.860.710.490.440.860.270.70.550.670.65
0.280.340.160.390.160.340.210.30.30.320.280.210.320.20.360.450.260.460.140.440.050.320.330.30.65
Click cells to compare fundamentals

Columbus McKinnon Account Relationship Matchups

Columbus McKinnon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.2B1.7B1.7B1.8B1.9B
Short Long Term Debt Total251.3M249.0M511.2M526.1M599.6M313.5M
Other Current Liab80.1M77.8M76.0M107.8M103.7M108.9M
Total Current Liabilities155.3M183.9M249.6M241.7M261.8M145.7M
Total Stockholder Equity463.6M530.1M772.8M833.8M882.1M926.2M
Property Plant And Equipment Net79.5M74.8M97.9M94.4M172.0M86.3M
Net Debt136.9M46.8M395.8M392.9M485.5M509.8M
Retained Earnings290.4M293.8M316.3M356.8M395.3M415.1M
Accounts Payable57.3M68.6M90.9M76.7M83.1M48.7M
Cash114.5M202.1M115.4M133.2M114.1M67.8M
Non Current Assets Total710.5M708.6M1.2B1.2B1.3B1.4B
Non Currrent Assets Other59.8M61.3M68.9M88.3M30.6M30.8M
Cash And Short Term Investments114.5M202.1M115.4M133.2M114.1M67.8M
Net Receivables123.7M105.5M147.5M151.5M171.2M118.9M
Common Stock Shares Outstanding23.9M24.2M28.4M28.8M29.0M20.9M
Liabilities And Stockholders Equity1.1B1.2B1.7B1.7B1.8B1.9B
Non Current Liabilities Total474.4M436.4M663.3M623.0M682.1M392.8M
Inventory127.4M111.5M172.1M179.4M186.1M119.1M
Other Current Assets17.2M37.0M59.8M32.3M42.8M21.7M
Other Stockholder Equity287.3M296.1M506.1M514.8M526.1M552.4M
Total Liab629.7M620.3M912.9M864.7M943.9M538.4M
Property Plant And Equipment Gross79.5M74.8M327.2M326.1M349.2M366.7M
Total Current Assets382.7M441.8M466.6M496.2M514.2M327.5M
Accumulated Other Comprehensive Income(114.4M)(60.0M)(49.9M)(38.0M)(39.7M)(41.7M)
Short Term Debt4.5M12.1M48.5M48.0M59.4M62.4M
Intangible Assets218.0M213.4M390.8M362.5M385.6M404.9M
Other Liab188.7M191.9M192.6M143.2M164.7M106.9M
Other Assets44.6M81.3M71.3M30.8M35.4M40.3M
Long Term Debt246.9M244.5M470.7M431.0M479.6M279.8M
Common Stock Total Equity238K240K285K286K328.9K217.9K
Common Stock238K240K285K286K288K221.8K
Property Plant Equipment79.5M74.8M97.9M94.4M108.5M84.1M
Current Deferred Revenue13.5M15.6M22.9M27.8M17.5M23.9M
Good Will319.7M331.2M648.8M644.6M710.3M674.8M
Net Tangible Assets(74.1M)(14.4M)(266.8M)(173.4M)(156.0M)(148.2M)
Retained Earnings Total Equity290.4M293.8M316.3M356.8M410.3M226.2M
Short Term Investments662K743K859K7.6M7.5M7.9M
Long Term Debt Total246.9M244.5M470.7M431.0M495.6M283.4M

Pair Trading with Columbus McKinnon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbus McKinnon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbus Stock

  0.74DE Deere CompanyPairCorr
  0.81ALG Alamo GroupPairCorr

Moving against Columbus Stock

  0.85NKLA Nikola CorpPairCorr
  0.82LEV Lion Electric CorpPairCorr
  0.66XOS Xos IncPairCorr
  0.64GP GreenPower MotorPairCorr
  0.57HY Hyster Yale MaterialsPairCorr
The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbus McKinnon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbus McKinnon to buy it.
The correlation of Columbus McKinnon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbus McKinnon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Industrial Machinery & Supplies & Components 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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.28
Earnings Share
0.52
Revenue Per Share
34.771
Quarterly Revenue Growth
(0.06)
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon'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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon'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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon'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.