CTS Corporation CTS Increase Decrease In Operating Right Of Use Asset
Increase Decrease In Operating Right Of Use Asset at other companies
Other financials
Where this comes from
Reported directly by CTS Corporation in its filing.
Tagged under the XBRL concept cts:IncreaseDecreaseInOperatingRightOfUseAsset.
The official record: CTS Corporation’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is CTS Corporation's increase decrease in operating right of use asset?
- CTS Corporation (CTS) reported increase decrease in operating right of use asset of $7.18M in Q1 2026.
- How has CTS Corporation's increase decrease in operating right of use asset changed year-over-year?
- CTS Corporation's increase decrease in operating right of use asset increased by 2380.6% year-over-year, from -$315K to $7.18M.
- What is the long-term trend for CTS Corporation's increase decrease in operating right of use asset?
- Over 2 years (2021 to 2025), CTS Corporation's increase decrease in operating right of use asset has grown at a -51.5% compound annual growth rate (CAGR), from -$1.69M to -$397K.
- What does increase decrease in operating right of use asset mean?
- Reflects the change in the carrying value of operating right-of-use assets, primarily driven by lease modifications, terminations, or amortization. This metric provides visibility into the company's lease portfolio management and the impact of real estate or equipment leasing strategies on the balance sheet. It is a critical component for analyzing long-term operational commitments.