Charles Non Current Assets Total from 2010 to 2024
| CRL Stock | USD 239.43 0.70 0.29% |
Non Current Assets Total | First Reported 2000-03-31 | Previous Quarter 6.2 B | Current Value 6.6 B | Quarterly Volatility 1.7 B |
Check Charles River financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Charles main balance sheet or income statement drivers, such as Depreciation And Amortization of 329.8 M, Interest Expense of 143.5 M or Selling General Administrative of 787.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 5.0E-4 or PTB Ratio of 2.7. Charles financial statements analysis is a perfect complement when working with Charles River Valuation or Volatility modules.
Charles | Non Current Assets Total |
Latest Charles River's Non Current Assets Total Growth Pattern
Below is the plot of the Non Current Assets Total of Charles River Laboratories over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Charles River's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Charles River's overall financial position and show how it may be relating to other accounts over time.
| Non Current Assets Total | 10 Years Trend |
|
Non Current Assets Total |
| Timeline |
Charles Non Current Assets Total Regression Statistics
| Arithmetic Mean | 3,116,242,663 | |
| Geometric Mean | 2,177,150,814 | |
| Coefficient Of Variation | 73.52 | |
| Mean Deviation | 1,957,285,196 | |
| Median | 2,103,297,000 | |
| Standard Deviation | 2,291,197,969 | |
| Sample Variance | 5249588.1T | |
| Range | 6.8B | |
| R-Value | 0.96 | |
| Mean Square Error | 392612.1T | |
| R-Squared | 0.93 | |
| Slope | 494,217,552 | |
| Total Sum of Squares | 73494233.9T |
Charles Non Current Assets Total History
About Charles River Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Charles River income statement, its balance sheet, and the statement of cash flows. Charles River investors use historical funamental indicators, such as Charles River's Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although Charles River investors may use each financial statement separately, they are all related. The changes in Charles River's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Charles River's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Charles River Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Charles River. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Current Assets Total | 6.6 B | 6.9 B |
Pair Trading with Charles River
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 Charles River 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 Charles River will appreciate offsetting losses from the drop in the long position's value.Moving against Charles Stock
| 0.74 | BNR | Burning Rock BiotechLtd Financial Report 4th of June 2024 | PairCorr |
| 0.69 | KA | Kineta Inc Financial Report 9th of May 2024 | PairCorr |
| 0.58 | VALN | Valneva SE ADR Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Charles River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles River 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 Charles River - 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 Charles River Laboratories to buy it.
The correlation of Charles River 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 Charles River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles River Labora 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 Charles River 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.Check out the analysis of Charles River Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Charles Stock analysis
When running Charles River's price analysis, check to measure Charles River'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 Charles River is operating at the current time. Most of Charles River's value examination focuses on studying past and present price action to predict the probability of Charles River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charles River's price. Additionally, you may evaluate how the addition of Charles River to your portfolios can decrease your overall portfolio volatility.
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Is Charles River's industry 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 Charles River. If investors know Charles 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 Charles River 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 (0.01) | Earnings Share 9.22 | Revenue Per Share 80.61 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0519 |
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River'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 Charles River's market value can be influenced by many factors that don't directly affect Charles River'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 Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River'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.