Certara Capital Stock vs Property Plant Equipment Analysis

CERT Stock  USD 17.60  0.01  0.06%   
Certara financial indicator trend analysis is way more than just evaluating Certara prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Certara is a good investment. Please check the relationship between Certara Capital Stock and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Certara. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Certara Stock please use our How to Invest in Certara guide.

Capital Stock vs Property Plant Equipment

Capital Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Certara Capital Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have no relationship.
The correlation between Certara's Capital Stock and Property Plant Equipment is 0.01. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Certara, assuming nothing else is changed. The correlation between historical values of Certara's Capital Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Certara are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Stock i.e., Certara's Capital Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Property Plant Equipment

Most indicators from Certara's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Certara 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 Certara. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Certara Stock please use our How to Invest in Certara guide.At this time, Certara's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 4.9 B in 2024, despite the fact that Tax Provision is likely to grow to (5 M).
 2021 2022 2023 2024 (projected)
Interest Expense16.8M17.8M22.9M18.5M
Depreciation And Amortization45.0M56.5M56.1M51.0M

Certara fundamental ratios Correlations

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-0.93-0.84-0.83-0.940.79-0.98-0.72-0.60.990.95-0.83-0.95-0.770.52-0.91.0-0.95-0.82-0.84-0.92-0.871.0-0.790.89-0.93
0.87-0.840.950.86-0.60.830.670.74-0.85-0.930.50.840.76-0.50.89-0.840.840.930.840.970.82-0.810.76-0.920.71
0.93-0.830.950.91-0.480.820.810.9-0.83-0.920.570.810.88-0.290.93-0.840.810.990.930.970.74-0.790.87-0.870.72
0.99-0.940.860.91-0.580.950.880.74-0.95-0.910.850.940.88-0.420.98-0.960.940.910.940.940.81-0.920.93-0.810.94
-0.580.79-0.6-0.48-0.58-0.7-0.31-0.20.720.78-0.54-0.63-0.450.51-0.530.76-0.63-0.45-0.49-0.62-0.740.83-0.370.82-0.6
0.93-0.980.830.820.95-0.70.710.57-1.0-0.90.840.990.72-0.580.9-0.980.990.810.810.910.85-0.970.79-0.810.97
0.9-0.720.670.810.88-0.310.710.81-0.7-0.710.80.680.96-0.110.89-0.750.680.860.960.770.62-0.70.99-0.60.74
0.8-0.60.740.90.74-0.20.570.81-0.58-0.730.420.560.880.150.79-0.620.560.890.860.80.43-0.550.82-0.670.5
-0.930.99-0.85-0.83-0.950.72-1.0-0.7-0.580.92-0.82-0.99-0.720.58-0.90.99-0.99-0.82-0.81-0.92-0.860.98-0.770.84-0.96
-0.920.95-0.93-0.92-0.910.78-0.9-0.71-0.730.92-0.66-0.87-0.820.4-0.890.95-0.87-0.89-0.87-0.97-0.830.94-0.780.98-0.8
0.83-0.830.50.570.85-0.540.840.80.42-0.82-0.660.80.72-0.380.79-0.850.80.620.760.640.69-0.840.81-0.520.93
0.9-0.950.840.810.94-0.630.990.680.56-0.99-0.870.80.67-0.610.9-0.961.00.80.780.90.82-0.940.76-0.770.96
0.92-0.770.760.880.88-0.450.720.960.88-0.72-0.820.720.67-0.080.89-0.790.670.910.990.840.67-0.750.96-0.750.7
-0.360.52-0.5-0.29-0.420.51-0.58-0.110.150.580.4-0.38-0.61-0.08-0.350.52-0.61-0.31-0.23-0.41-0.760.53-0.20.42-0.52
0.98-0.90.890.930.98-0.530.90.890.79-0.9-0.890.790.90.89-0.35-0.910.90.920.950.950.74-0.870.94-0.80.88
-0.951.0-0.84-0.84-0.960.76-0.98-0.75-0.620.990.95-0.85-0.96-0.790.52-0.91-0.96-0.84-0.86-0.92-0.870.99-0.810.87-0.94
0.9-0.950.840.810.94-0.630.990.680.56-0.99-0.870.81.00.67-0.610.9-0.960.80.780.90.82-0.940.76-0.770.96
0.94-0.820.930.990.91-0.450.810.860.89-0.82-0.890.620.80.91-0.310.92-0.840.80.950.950.78-0.780.91-0.840.73
0.97-0.840.840.930.94-0.490.810.960.86-0.81-0.870.760.780.99-0.230.95-0.860.780.950.90.76-0.820.98-0.80.78
0.95-0.920.970.970.94-0.620.910.770.8-0.92-0.970.640.90.84-0.410.95-0.920.90.950.90.8-0.890.84-0.920.81
0.81-0.870.820.740.81-0.740.850.620.43-0.86-0.830.690.820.67-0.760.74-0.870.820.780.760.8-0.870.69-0.830.76
-0.911.0-0.81-0.79-0.920.83-0.97-0.7-0.550.980.94-0.84-0.94-0.750.53-0.870.99-0.94-0.78-0.82-0.89-0.87-0.760.88-0.92
0.95-0.790.760.870.93-0.370.790.990.82-0.77-0.780.810.760.96-0.20.94-0.810.760.910.980.840.69-0.76-0.670.8
-0.830.89-0.92-0.87-0.810.82-0.81-0.6-0.670.840.98-0.52-0.77-0.750.42-0.80.87-0.77-0.84-0.8-0.92-0.830.88-0.67-0.67
0.9-0.930.710.720.94-0.60.970.740.5-0.96-0.80.930.960.7-0.520.88-0.940.960.730.780.810.76-0.920.8-0.67
Click cells to compare fundamentals

Certara Account Relationship Matchups

Certara fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.3B1.5B1.6B1.6B1.5B
Short Long Term Debt Total401.4M299.4M303.0M308.1M298.2M269.1M
Other Current Liab27.6M33.3M36.3M35.4M61.2M39.1M
Total Current Liabilities63.0M75.3M92.2M103.2M130.0M97.0M
Total Stockholder Equity492.0M822.1M1.0B1.1B1.0B912.1M
Other Liab83.3M76.4M77.7M90.0M81.0M66.5M
Net Tangible Assets(450.9M)(92.9M)(173.3M)(124.9M)(143.6M)(150.8M)
Property Plant And Equipment Net4.6M3.9M15.6M16.8M12.3M10.7M
Current Deferred Revenue26.2M30.7M45.5M52.2M60.7M46.3M
Net Debt372.1M28.0M117.2M71.5M63.2M60.1M
Retained Earnings(12.9M)(62.3M)(75.6M)(60.9M)(116.2M)(110.4M)
Accounts Payable4.9M6.4M7.5M7.5M5.2M6.7M
Cash29.3M271.4M185.8M236.6M235.0M177.8M
Non Current Assets Total949.5M922.8M1.2B1.2B1.2B1.2B
Non Currrent Assets Other1.1M1.2M2.2M1.9M1.9M1.9M
Other Assets1.9M3.9M6.2M5.6M6.4M4.3M
Long Term Debt397.1M294.1M291.7M290.0M288.2M262.1M
Cash And Short Term Investments29.3M271.4M185.8M236.6M235.0M177.8M
Net Receivables52.4M54.1M69.6M82.6M93.3M73.6M
Good Will515.0M518.6M703.4M717.7M716.3M675.6M
Common Stock Shares Outstanding157.3M153.0M149.8M159.4M158.9M167.0M
Liabilities And Stockholders Equity1.0B1.3B1.5B1.6B1.6B1.5B
Non Current Liabilities Total482.0M371.9M377.7M390.1M386.3M333.5M
Capital Lease Obligations48K593K13.6M15.1M11.3M7.5M
Inventory4.3M1.9M827K3.1M(4.5M)(4.2M)
Other Current Assets1.6M19.2M18.5M20.0M12.0M13.4M
Other Stockholder Equity509.2M884.5M1.1B1.1B1.2B978.5M
Total Liab545.0M447.3M469.9M493.3M516.3M404.1M
Net Invested Capital893.4M1.1B1.3B1.4B1.3B1.3B
Property Plant And Equipment Gross4.6M3.9M15.6M16.8M18.9M12.0M
Total Current Assets87.5M346.6M274.7M342.3M340.2M267.7M
Accumulated Other Comprehensive Income(5.5M)(1.6M)(3.9M)(8.2M)(7.6M)(8.0M)
Net Working Capital24.5M271.2M182.5M239.1M210.2M170.7M
Intangible Assets428.0M396.4M511.8M486.8M487.0M507.8M
Property Plant Equipment4.6M3.9M15.6M2.4M2.8M2.6M

Pair Trading with Certara

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 Certara 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 Certara will appreciate offsetting losses from the drop in the long position's value.

Moving against Certara Stock

  0.63DYNT Dynatronics Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Certara could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Certara 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 Certara - 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 Certara to buy it.
The correlation of Certara 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 Certara moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Certara 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 Certara 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 Certara is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Certara Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Certara Stock. Highlighted below are key reports to facilitate an investment decision about Certara Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Certara. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Certara Stock please use our How to Invest in Certara guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Certara's price analysis, check to measure Certara'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 Certara is operating at the current time. Most of Certara's value examination focuses on studying past and present price action to predict the probability of Certara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Certara's price. Additionally, you may evaluate how the addition of Certara to your portfolios can decrease your overall portfolio volatility.
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Is Certara'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 Certara. If investors know Certara 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 Certara 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
(0.14)
Earnings Share
(0.35)
Revenue Per Share
2.229
Quarterly Revenue Growth
0.016
Return On Assets
0.0056
The market value of Certara is measured differently than its book value, which is the value of Certara that is recorded on the company's balance sheet. Investors also form their own opinion of Certara's value that differs from its market value or its book value, called intrinsic value, which is Certara'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 Certara's market value can be influenced by many factors that don't directly affect Certara'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 Certara's value and its price as these two are different measures arrived at by different means. Investors typically determine if Certara is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Certara'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.