Core Deferred Long Term Liab vs Short Term Debt Analysis

CLB Stock

USD 15.92 0.23 1.47%

Core Laboratories financial indicator trend analysis is way more than just evaluating Core Laboratories prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Core Laboratories is a good investment. Please check the relationship between Core Laboratories Deferred Long Term Liab and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Laboratories NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Deferred Long Term Liab vs Short Term Debt

Deferred Long Term Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Laboratories Deferred Long Term Liab account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Core Laboratories' Deferred Long Term Liab and Short Term Debt is 0.44. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Core Laboratories NV, assuming nothing else is changed. The correlation between historical values of Core Laboratories' Deferred Long Term Liab and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Core Laboratories NV are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Core Laboratories' Deferred Long Term Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Debt

Most indicators from Core Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Core Laboratories 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 Core Laboratories NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Tax Provision is expected to grow to about 10.8 M, whereas Selling General Administrative is forecasted to decline to about 34.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	83.8M	78.9M	94.0M	171.1M
Total Revenue	470.3M	489.7M	509.8M	619.3M

Gross Profit Total Revenue

Core Laboratories fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.81	0.64	0.86	0.41	0.82	0.8	0.52	0.7	0.54	0.93	-0.21	0.54	0.73	0.54	0.85	0.68	0.75	-0.29	0.9	0.8	0.82	-0.05	0.44	0.84	0.57
Short Long Term Debt Total	0.81		0.64	0.64	-0.16	0.77	1.0	0.36	0.34	0.43	0.81	-0.32	0.43	0.52	0.2	0.99	0.39	0.64	-0.43	0.97	0.72	0.57	-0.12	0.5	0.53	0.51
Other Current Liab	0.64	0.64		0.83	-0.1	0.37	0.61	0.81	0.61	0.74	0.45	0.09	0.74	0.82	0.24	0.68	0.2	0.54	-0.8	0.75	0.33	0.76	-0.7	0.16	0.51	0.53
Total Current Liabilities	0.86	0.64	0.83		0.31	0.52	0.6	0.81	0.91	0.82	0.63	0.06	0.82	0.93	0.57	0.68	0.56	0.77	-0.6	0.79	0.47	0.96	-0.31	0.21	0.8	0.66
Total Stockholder Equity	0.41	-0.16	-0.1	0.31		0.31	-0.17	0.13	0.52	0.09	0.36	0.01	0.09	0.28	0.67	-0.11	0.66	0.18	0.33	-0.02	0.36	0.37	0.34	0.03	0.57	0.1
Property Plant And Equipment Net	0.82	0.77	0.37	0.52	0.31		0.77	0.08	0.3	0.26	0.91	-0.57	0.26	0.32	0.5	0.77	0.65	0.49	0.04	0.76	0.99	0.45	0.24	0.32	0.69	0.43
Net Debt	0.8	1.0	0.61	0.6	-0.17	0.77		0.31	0.3	0.38	0.82	-0.36	0.38	0.48	0.19	0.99	0.37	0.62	-0.4	0.96	0.73	0.53	-0.11	0.54	0.5	0.51
Retained Earnings	0.52	0.36	0.81	0.81	0.13	0.08	0.31		0.77	0.75	0.21	0.39	0.75	0.94	0.28	0.38	0.23	0.55	-0.84	0.5	0.05	0.86	-0.54	0.17	0.43	0.4
Accounts Payable	0.7	0.34	0.61	0.91	0.52	0.3	0.3	0.77		0.76	0.44	0.19	0.76	0.89	0.66	0.39	0.6	0.69	-0.47	0.52	0.27	0.92	-0.22	0.07	0.75	0.58
Cash	0.54	0.43	0.74	0.82	0.09	0.26	0.38	0.75	0.76		0.26	0.25	1.0	0.81	0.56	0.44	0.44	0.48	-0.67	0.55	0.24	0.82	-0.36	-0.11	0.67	0.56
Non Current Assets Total	0.93	0.81	0.45	0.63	0.36	0.91	0.82	0.21	0.44	0.26		-0.43	0.26	0.45	0.42	0.85	0.59	0.62	-0.04	0.85	0.88	0.55	0.08	0.53	0.71	0.51
Non Currrent Assets Other	-0.21	-0.32	0.09	0.06	0.01	-0.57	-0.36	0.39	0.19	0.25	-0.43		0.25	0.3	-0.16	-0.33	-0.01	-0.24	-0.23	-0.27	-0.49	0.21	-0.3	-0.33	0.04	-0.48
Cash And Short Term Investments	0.54	0.43	0.74	0.82	0.09	0.26	0.38	0.75	0.76	1.0	0.26	0.25		0.81	0.56	0.44	0.44	0.48	-0.67	0.55	0.24	0.82	-0.36	-0.11	0.67	0.56
Net Receivables	0.73	0.52	0.82	0.93	0.28	0.32	0.48	0.94	0.89	0.81	0.45	0.3	0.81		0.47	0.55	0.48	0.67	-0.72	0.66	0.3	0.97	-0.41	0.2	0.67	0.48
Common Stock Shares Outstanding	0.54	0.2	0.24	0.57	0.67	0.5	0.19	0.28	0.66	0.56	0.42	-0.16	0.56	0.47		0.23	0.78	0.39	-0.1	0.31	0.54	0.57	0.17	-0.07	0.77	0.55
Non Current Liabilities Total	0.85	0.99	0.68	0.68	-0.11	0.77	0.99	0.38	0.39	0.44	0.85	-0.33	0.44	0.55	0.23		0.38	0.68	-0.44	0.99	0.72	0.6	-0.19	0.53	0.56	0.57
Inventory	0.68	0.39	0.2	0.56	0.66	0.65	0.37	0.23	0.6	0.44	0.59	-0.01	0.44	0.48	0.78	0.38		0.35	0.07	0.44	0.72	0.64	0.34	-0.03	0.86	0.18
Other Current Assets	0.75	0.64	0.54	0.77	0.18	0.49	0.62	0.55	0.69	0.48	0.62	-0.24	0.48	0.67	0.39	0.68	0.35		-0.43	0.74	0.41	0.73	-0.05	0.31	0.54	0.68
Other Stockholder Equity	-0.29	-0.43	-0.8	-0.6	0.33	0.04	-0.4	-0.84	-0.47	-0.67	-0.04	-0.23	-0.67	-0.72	-0.1	-0.44	0.07	-0.43		-0.5	0.09	-0.6	0.7	-0.24	-0.12	-0.48
Total Liab	0.9	0.97	0.75	0.79	-0.02	0.76	0.96	0.5	0.52	0.55	0.85	-0.27	0.55	0.66	0.31	0.99	0.44	0.74	-0.5		0.71	0.71	-0.23	0.49	0.64	0.62
Property Plant And Equipment Gross	0.8	0.72	0.33	0.47	0.36	0.99	0.73	0.05	0.27	0.24	0.88	-0.49	0.24	0.3	0.54	0.72	0.72	0.41	0.09	0.71		0.44	0.27	0.26	0.72	0.33
Total Current Assets	0.82	0.57	0.76	0.96	0.37	0.45	0.53	0.86	0.92	0.82	0.55	0.21	0.82	0.97	0.57	0.6	0.64	0.73	-0.6	0.71	0.44		-0.24	0.15	0.79	0.5
Short Term Debt	-0.05	-0.12	-0.7	-0.31	0.34	0.24	-0.11	-0.54	-0.22	-0.36	0.08	-0.3	-0.36	-0.41	0.17	-0.19	0.34	-0.05	0.7	-0.23	0.27	-0.24		-0.05	0.04	-0.26
Intangible Assets	0.44	0.5	0.16	0.21	0.03	0.32	0.54	0.17	0.07	-0.11	0.53	-0.33	-0.11	0.2	-0.07	0.53	-0.03	0.31	-0.24	0.49	0.26	0.15	-0.05		-0.04	0.37
Common Stock Total Equity	0.84	0.53	0.51	0.8	0.57	0.69	0.5	0.43	0.75	0.67	0.71	0.04	0.67	0.67	0.77	0.56	0.86	0.54	-0.12	0.64	0.72	0.79	0.04	-0.04		0.42
Common Stock	0.57	0.51	0.53	0.66	0.1	0.43	0.51	0.4	0.58	0.56	0.51	-0.48	0.56	0.48	0.55	0.57	0.18	0.68	-0.48	0.62	0.33	0.5	-0.26	0.37	0.42

Click cells to compare fundamentals

Core Laboratories Account Relationship Matchups

Core Laboratories fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	774.7M	568.6M	580.9M	578.4M	586.4M	550.2M
Short Long Term Debt Total	381.8M	327.0M	250.3M	222.4M	215.4M	217.2M
Other Current Liab	50.8M	49.8M	40.9M	39.6M	39.7M	47.9M
Total Current Liabilities	111.6M	89.8M	90.8M	103.1M	88.1M	100.6M
Total Stockholder Equity	182.1M	75.6M	161.0M	189.0M	224.8M	131.8M
Property Plant And Equipment Net	199.2M	181.7M	172.3M	157.4M	153.5M	120.1M
Net Debt	370.7M	313.2M	232.6M	207.0M	200.3M	187.0M
Retained Earnings	160.5M	50.5M	68.3M	85.9M	120.8M	194.2M
Accounts Payable	35.6M	23.0M	29.7M	45.8M	33.5M	35.9M
Cash	11.1M	13.8M	17.7M	15.4M	15.1M	14.4M
Non Current Assets Total	553.4M	402.7M	391.8M	366.7M	363.3M	325.2M
Non Currrent Assets Other	(71.3M)	(76.9M)	(74.6M)	(73.0M)	29.4M	30.8M
Cash And Short Term Investments	11.1M	13.8M	17.7M	15.4M	15.1M	14.4M
Net Receivables	131.6M	83.2M	96.8M	106.9M	123.1M	129.1M
Common Stock Shares Outstanding	44.6M	45.0M	46.7M	46.8M	47.5M	40.8M
Liabilities And Stockholders Equity	774.7M	568.6M	580.9M	578.4M	586.4M	550.2M
Non Current Liabilities Total	480.9M	403.3M	329.1M	286.3M	268.5M	267.2M
Inventory	50.2M	38.2M	45.4M	60.4M	71.7M	39.7M
Other Current Assets	28.4M	30.7M	29.1M	28.9M	13.2M	26.0M
Other Stockholder Equity	26.8M	31.2M	101.6M	105.6M	108.6M	114.0M
Total Liab	592.5M	493.0M	419.9M	389.4M	356.6M	367.8M
Property Plant And Equipment Gross	199.2M	181.7M	172.3M	157.4M	181.0M	118.3M
Total Current Assets	221.2M	165.8M	189.1M	211.7M	223.1M	225.0M
Accumulated Other Comprehensive Income	(6.3M)	(7.2M)	(10.1M)	(3.8M)	(5.0M)	(5.2M)
Short Term Debt	11.8M	11.4M	12.3M	11.7M	10.2M	8.7M
Intangible Assets	17.5M	8.6M	8.1M	7.5M	6.9M	6.6M
Other Liab	109.9M	87.7M	91.1M	75.6M	86.9M	66.4M
Other Assets	119.4M	179.4M	107.7M	102.3M	1.0	0.95
Long Term Debt	305.3M	259.4M	188.6M	172.4M	198.2M	229.8M
Property Plant Equipment	123.5M	115.3M	172.3M	157.4M	181.0M	126.1M
Current Deferred Revenue	13.4M	5.5M	7.8M	5.9M	4.8M	4.5M
Treasury Stock	(29.4M)	(14.1M)	(4.1M)	(1.4M)	(1.6M)	(1.6M)
Net Tangible Assets	11.7M	19.6M	(58.5M)	115.6M	104.1M	109.3M
Noncontrolling Interest In Consolidated Entity	4.3M	4.1M	4.6M	4.7M	5.4M	4.6M
Retained Earnings Total Equity	160.5M	50.5M	68.3M	85.9M	77.4M	73.5M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Core Laboratories in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Core Laboratories' short interest history, or implied volatility extrapolated from Core Laboratories options trading.

Pair Trading with Core Laboratories

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

Moving together with Core Stock

0.94	NR	Newpark Resources Financial Report 7th of May 2024	Pair Corr
0.78	TS	Tenaris SA ADR	Pair Corr
0.71	DNOW	Now Inc Earnings Call This Week	Pair Corr

Moving against Core Stock

0.51

NOA

North American Const

Pair Corr

The ability to find closely correlated positions to Core Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Laboratories 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 Core Laboratories - 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 Core Laboratories NV to buy it.

The correlation of Core Laboratories 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 Core Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Laboratories 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 Core Laboratories 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 Correlation Correlation Matching

When determining whether Core Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Core Laboratories' 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 Core Laboratories Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Core Laboratories Nv Stock:

How To Invest In Core

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Is Core Stock a good investment?

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What is Core Laboratories' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Laboratories NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Core Stock analysis

When running Core Laboratories' price analysis, check to measure Core Laboratories' 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 Core Laboratories is operating at the current time. Most of Core Laboratories' value examination focuses on studying past and present price action to predict the probability of Core Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Laboratories' price. Additionally, you may evaluate how the addition of Core Laboratories to your portfolios can decrease your overall portfolio volatility.

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Is Core Laboratories' 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 Core Laboratories. If investors know Core 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 Core Laboratories 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

0.374

Dividend Share

0.04

Earnings Share

0.51

Revenue Per Share

10.935

Quarterly Revenue Growth

0.01

The market value of Core Laboratories is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.

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Core Deferred Long Term Liab vs Short Term Debt Analysis

Deferred Long Term Liab vs Short Term Debt

Deferred Long Term Liab vs Short Term Debt Correlation Analysis

Correlation Coefficient

Deferred Long Term Liab

Short Term Debt

Core Laboratories fundamental ratios Correlations

Core Laboratories Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Core Laboratories fundamental ratios Accounts

Pair Trading with Core Laboratories

Moving together with Core Stock

Moving against Core Stock

Complementary Tools for Core Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total

Other Stockholder Equity	- 0.84	Retained Earnings
Other Stockholder Equity	- 0.8	Other Current Liab
Other Stockholder Equity	- 0.72	Net Receivables
Short Term Debt	- 0.7	Other Current Liab
Other Stockholder Equity	- 0.67	Cash And Short Term Investments
Other Stockholder Equity	- 0.67	Cash