Clarus Accounts Payable vs Property Plant and Equipment Net Analysis

CLAR Stock  USD 6.91  0.20  2.98%   
Clarus Corp financial indicator trend analysis is way more than just evaluating Clarus Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clarus Corp is a good investment. Please check the relationship between Clarus Corp Accounts Payable and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.

Accounts Payable vs Property Plant And Equipment Net

Accounts Payable vs Property Plant and Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clarus Corp Accounts Payable account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clarus Corp's Accounts Payable and Property Plant and Equipment Net is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of Clarus Corp, assuming nothing else is changed. The correlation between historical values of Clarus Corp's Accounts Payable and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Clarus Corp are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Accounts Payable i.e., Clarus Corp's Accounts Payable and Property Plant and Equipment Net go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Clarus Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Clarus Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Clarus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clarus Corp 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 Clarus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.At this time, Clarus Corp's Selling General Administrative is relatively stable compared to the past year. As of 03/28/2024, Discontinued Operations is likely to grow to about 13.7 M, though Tax Provision is likely to grow to (9.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit136.9M163.4M97.5M50.9M
Total Revenue375.8M448.1M286.0M166.8M

Clarus Corp fundamental ratios Correlations

0.940.70.710.850.640.83-0.550.48-0.170.80.92-0.170.90.640.750.790.780.960.870.840.50.840.690.710.22
0.940.730.820.660.550.9-0.520.22-0.210.660.98-0.220.830.450.680.650.640.990.890.860.640.730.620.640.38
0.70.730.60.520.20.65-0.170.0-0.120.60.62-0.160.40.180.490.410.360.720.520.510.470.570.280.3-0.13
0.710.820.60.350.080.71-0.53-0.05-0.10.220.8-0.120.590.270.160.180.420.760.530.880.950.30.490.520.31
0.850.660.520.350.690.59-0.460.73-0.120.90.65-0.110.80.830.740.870.880.710.70.580.140.880.750.75-0.03
0.640.550.20.080.690.58-0.40.68-0.310.780.6-0.320.780.60.860.880.680.620.850.32-0.160.850.640.630.48
0.830.90.650.710.590.58-0.370.21-0.620.70.87-0.630.780.30.620.590.510.870.830.620.520.720.50.530.45
-0.55-0.52-0.17-0.53-0.46-0.4-0.37-0.35-0.11-0.19-0.48-0.09-0.62-0.76-0.2-0.33-0.8-0.48-0.49-0.73-0.53-0.29-0.57-0.59-0.12
0.480.220.0-0.050.730.680.21-0.35-0.070.620.3-0.040.670.740.510.70.670.310.420.24-0.250.60.650.640.08
-0.17-0.21-0.12-0.1-0.12-0.31-0.62-0.11-0.07-0.36-0.21.0-0.260.12-0.15-0.150.01-0.17-0.260.16-0.01-0.29-0.01-0.01-0.31
0.80.660.60.220.90.780.7-0.190.62-0.360.64-0.360.720.560.880.910.670.720.760.36-0.040.970.580.580.1
0.920.980.620.80.650.60.87-0.480.3-0.20.64-0.210.870.440.70.670.610.980.910.850.60.730.680.70.52
-0.17-0.22-0.16-0.12-0.11-0.32-0.63-0.09-0.041.0-0.36-0.21-0.250.13-0.16-0.150.01-0.18-0.270.15-0.02-0.3-0.02-0.02-0.33
0.90.830.40.590.80.780.78-0.620.67-0.260.720.87-0.250.720.710.790.80.860.890.770.370.790.780.80.43
0.640.450.180.270.830.60.3-0.760.740.120.560.440.130.720.460.640.960.480.530.590.160.610.80.79-0.06
0.750.680.490.160.740.860.62-0.20.51-0.150.880.7-0.160.710.460.930.580.760.870.4-0.10.920.510.510.3
0.790.650.410.180.870.880.59-0.330.7-0.150.910.67-0.150.790.640.930.740.730.830.45-0.090.920.610.610.23
0.780.640.360.420.880.680.51-0.80.670.010.670.610.010.80.960.580.740.660.690.690.280.720.810.820.06
0.960.990.720.760.710.620.87-0.480.31-0.170.720.98-0.180.860.480.760.730.660.920.840.560.80.660.680.4
0.870.890.520.530.70.850.83-0.490.42-0.260.760.91-0.270.890.530.870.830.690.920.690.30.850.680.690.53
0.840.860.510.880.580.320.62-0.730.240.160.360.850.150.770.590.40.450.690.840.690.790.460.660.690.25
0.50.640.470.950.14-0.160.52-0.53-0.25-0.01-0.040.6-0.020.370.16-0.1-0.090.280.560.30.790.040.330.360.2
0.840.730.570.30.880.850.72-0.290.6-0.290.970.73-0.30.790.610.920.920.720.80.850.460.040.680.670.26
0.690.620.280.490.750.640.5-0.570.65-0.010.580.68-0.020.780.80.510.610.810.660.680.660.330.681.00.4
0.710.640.30.520.750.630.53-0.590.64-0.010.580.7-0.020.80.790.510.610.820.680.690.690.360.671.00.4
0.220.38-0.130.31-0.030.480.45-0.120.08-0.310.10.52-0.330.43-0.060.30.230.060.40.530.250.20.260.40.4
Click cells to compare fundamentals

Clarus Corp Account Relationship Matchups

Clarus Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets230.3M280.7M631.8M518.1M495.3M520.1M
Short Long Term Debt Total22.7M34.6M141.5M139.0M136.0M142.8M
Other Current Liab(562K)956K31.9M19.7M27.1M28.5M
Total Current Liabilities24.6M39.6M73.0M64.6M170.9M179.5M
Total Stockholder Equity181.2M204.6M370.2M292.1M292.1M178.1M
Property Plant And Equipment Net22.9M27.0M42.8M43.0M16.6M14.0M
Net Debt21.0M16.8M122.1M127.0M124.7M130.9M
Retained Earnings(288.6M)(286.1M)(263.3M)(336.8M)(350.7M)(368.3M)
Accounts Payable24.3M34.7M31.5M27.1M20.0M16.5M
Cash1.7M17.8M19.5M12.1M11.3M10.8M
Non Current Assets Total109.4M138.6M404.9M279.5M195.6M104.2M
Non Currrent Assets Other3.0M6.8M19.6M17.5M16.8M17.7M
Cash And Short Term Investments1.7M17.8M19.5M12.1M11.3M10.8M
Net Receivables42.0M50.6M66.3M69.6M54.9M57.6M
Common Stock Shares Outstanding31.0M31.2M35.7M37.2M37.5M26.0M
Liabilities And Stockholders Equity230.3M280.7M631.8M518.1M495.3M520.1M
Non Current Liabilities Total24.5M36.5M188.7M161.4M32.3M33.8M
Other Current Assets3.8M5.4M11.8M9.9M4.9M4.0M
Other Stockholder Equity470.1M490.2M638.6M646.6M658.3M458.4M
Total Liab49.1M76.1M261.7M226.0M203.2M213.4M
Property Plant And Equipment Gross22.9M27.0M72.6M79.5M43.0M45.1M
Total Current Assets120.9M142.1M226.9M238.6M299.7M314.7M
Accumulated Other Comprehensive Income(303K)500K(5.1M)(17.7M)(15.4M)(14.6M)
Short Term Debt681K4M9.6M12.0M123.0M129.1M
Intangible Assets57.4M66.9M202.0M138.2M100.0M59.0M
Inventory73.4M68.4M129.4M147.1M91.4M54.7M
Other Liab1.3M5.9M56.7M21.5M24.8M26.0M
Net Tangible Assets105.7M110.9M50.1M91.0M104.6M85.7M
Other Assets9.7M65.5M42.0M20.2M23.2M24.4M
Long Term Debt22.7M30.6M131.9M127.1M146.1M153.5M
Retained Earnings Total Equity(304.6M)(288.6M)(286.1M)(263.3M)(237.0M)(248.9M)
Deferred Long Term Liab2.9M1.2M1.2M35.3M40.6M42.6M
Treasury Stock(18.1M)(22.3M)(23.8M)(24.4M)(22.0M)(20.9M)
Property Plant Equipment22.9M27.0M42.8M58.2M66.9M70.3M

Pair Trading with Clarus Corp

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

Moving against Clarus Stock

  0.55VRA Vera Bradley Financial Report 5th of June 2024 PairCorr
The ability to find closely correlated positions to Clarus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clarus Corp 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 Clarus Corp - 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 Clarus Corp to buy it.
The correlation of Clarus Corp 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 Clarus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clarus Corp 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 Clarus Corp 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 Clarus Corp is a strong investment it is important to analyze Clarus Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clarus Corp's future performance. For an informed investment choice regarding Clarus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.
Note that the Clarus Corp information on this page should be used as a complementary analysis to other Clarus Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Clarus Stock analysis

When running Clarus Corp's price analysis, check to measure Clarus Corp'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 Clarus Corp is operating at the current time. Most of Clarus Corp's value examination focuses on studying past and present price action to predict the probability of Clarus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clarus Corp's price. Additionally, you may evaluate how the addition of Clarus Corp to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Is Clarus Corp'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 Clarus Corp. If investors know Clarus 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 Clarus Corp 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
(0.69)
Dividend Share
0.1
Earnings Share
(0.42)
Revenue Per Share
7.63
Quarterly Revenue Growth
(0.14)
The market value of Clarus Corp is measured differently than its book value, which is the value of Clarus that is recorded on the company's balance sheet. Investors also form their own opinion of Clarus Corp's value that differs from its market value or its book value, called intrinsic value, which is Clarus Corp'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 Clarus Corp's market value can be influenced by many factors that don't directly affect Clarus Corp'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 Clarus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clarus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clarus Corp'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.