CLARIVATE Inventory vs Short Long Term Debt Analysis

CLVT Stock  USD 6.18  0.21  3.29%   
CLARIVATE PLC financial indicator trend analysis is way more than just evaluating CLARIVATE PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CLARIVATE PLC is a good investment. Please check the relationship between CLARIVATE PLC Inventory and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CLARIVATE PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC guide.

Inventory vs Short Long Term Debt

Inventory vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CLARIVATE PLC Inventory account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CLARIVATE PLC's Inventory and Short Long Term Debt is -0.27. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of CLARIVATE PLC, assuming nothing else is changed. The correlation between historical values of CLARIVATE PLC's Inventory and Short Long 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 Inventory of CLARIVATE PLC are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Inventory i.e., CLARIVATE PLC's Inventory and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
Most indicators from CLARIVATE PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CLARIVATE PLC 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 CLARIVATE PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC guide.At this time, CLARIVATE PLC's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 19.84 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.3 M in 2024.
 2019 2021 2023 2024 (projected)
Gross Profit854.9M1.7B1.0B856.1M
Total Revenue1.3B2.7B2.6B1.5B

CLARIVATE PLC fundamental ratios Correlations

0.950.990.980.83-0.01-0.720.470.930.650.870.980.9-0.40.830.440.970.750.160.990.630.980.97-0.610.710.53
0.950.920.960.73-0.08-0.580.570.820.570.750.880.94-0.370.890.340.870.670.170.910.660.880.88-0.530.530.36
0.990.920.950.840.02-0.760.420.930.660.910.990.86-0.490.790.460.990.760.230.980.680.980.96-0.70.760.57
0.980.960.950.75-0.07-0.60.560.880.60.770.920.95-0.330.90.370.90.690.090.950.60.920.94-0.520.570.41
0.830.730.840.750.15-0.910.360.90.490.850.880.58-0.450.540.330.880.950.070.870.340.890.88-0.450.870.65
-0.01-0.080.02-0.070.15-0.47-0.270.2-0.230.220.1-0.25-0.31-0.130.510.070.28-0.640.1-0.260.10.120.050.40.45
-0.72-0.58-0.76-0.6-0.91-0.47-0.07-0.85-0.37-0.85-0.82-0.390.58-0.36-0.5-0.82-0.870.05-0.79-0.31-0.83-0.80.5-0.95-0.82
0.470.570.420.560.36-0.27-0.070.330.320.360.370.62-0.130.74-0.050.340.510.140.420.160.360.4-0.090.0-0.4
0.930.820.930.880.90.2-0.850.330.550.880.970.7-0.350.690.480.940.84-0.070.980.370.970.99-0.460.860.72
0.650.570.660.60.49-0.23-0.370.320.550.690.630.580.040.330.670.690.410.460.590.510.660.58-0.570.510.29
0.870.750.910.770.850.22-0.850.360.880.690.930.63-0.530.580.620.940.830.240.890.530.930.87-0.70.890.61
0.980.880.990.920.880.1-0.820.370.970.630.930.8-0.470.740.490.990.810.150.990.591.00.98-0.650.830.65
0.90.940.860.950.58-0.25-0.390.620.70.580.630.8-0.330.920.260.780.520.240.820.720.780.79-0.550.340.18
-0.4-0.37-0.49-0.33-0.45-0.310.58-0.13-0.350.04-0.53-0.47-0.33-0.4-0.07-0.47-0.45-0.27-0.41-0.58-0.42-0.350.72-0.44-0.26
0.830.890.790.90.54-0.13-0.360.740.690.330.580.740.92-0.40.10.690.560.060.790.530.720.76-0.40.280.08
0.440.340.460.370.330.51-0.5-0.050.480.670.620.490.26-0.070.10.520.36-0.070.450.260.510.46-0.410.590.52
0.970.870.990.90.880.07-0.820.340.940.690.940.990.78-0.470.690.520.790.230.970.630.990.96-0.690.840.66
0.750.670.760.690.950.28-0.870.510.840.410.830.810.52-0.450.560.360.79-0.050.810.180.810.82-0.330.80.5
0.160.170.230.090.07-0.640.050.14-0.070.460.240.150.24-0.270.06-0.070.23-0.050.050.670.13-0.02-0.650.03-0.19
0.990.910.980.950.870.1-0.790.420.980.590.890.990.82-0.410.790.450.970.810.050.530.990.99-0.560.790.62
0.630.660.680.60.34-0.26-0.310.160.370.510.530.590.72-0.580.530.260.630.180.670.530.560.45-0.890.290.21
0.980.880.980.920.890.1-0.830.360.970.660.931.00.78-0.420.720.510.990.810.130.990.560.98-0.620.840.67
0.970.880.960.940.880.12-0.80.40.990.580.870.980.79-0.350.760.460.960.82-0.020.990.450.98-0.480.80.65
-0.61-0.53-0.7-0.52-0.450.050.5-0.09-0.46-0.57-0.7-0.65-0.550.72-0.4-0.41-0.69-0.33-0.65-0.56-0.89-0.62-0.48-0.52-0.35
0.710.530.760.570.870.4-0.950.00.860.510.890.830.34-0.440.280.590.840.80.030.790.290.840.8-0.520.86
0.530.360.570.410.650.45-0.82-0.40.720.290.610.650.18-0.260.080.520.660.5-0.190.620.210.670.65-0.350.86
Click cells to compare fundamentals

CLARIVATE PLC Account Relationship Matchups

CLARIVATE PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B3.7B15.2B13.9B12.7B8.9B
Other Current Liab153.8M716.4M742.8M484.2M448.4M443.3M
Total Current Liabilities661.1M643.7M1.6B1.6B1.6B1.0B
Total Stockholder Equity1.3B1.1B9.6B6.8B6.0B4.7B
Other Liab196.2M471.4M804.9M494.7M568.9M597.4M
Net Tangible Assets(1.9B)(4.0B)(4.4B)5.4B4.9B5.1B
Retained Earnings(390.1M)(632.3M)(958.9M)(5.7B)(6.6B)(6.3B)
Accounts Payable38.4M82.0M798.4M101.4M144.1M172.7M
Cash53.2M25.6M257.7M348.8M370.7M198.8M
Other Assets38.1M77.7M78.6M122.1M1.00.95
Long Term Debt1.9B1.6B3.5B5.0B4.7B2.5B
Net Receivables317.8M331.3M751.4M872.1M908.3M569.1M
Good Will1.3B1.3B6.3B2.9B2.0B2.5B
Inventory52.8M31.0M70.0M97.4M(4.1M)(3.9M)
Other Current Assets20.7M248.8M318.8M76.9M183.2M108.9M
Other Stockholder Equity1.7B503.5M(17.0M)13.1B1.4B2.2B
Total Liab2.7B2.7B5.6B7.1B6.7B4.2B
Deferred Long Term Liab11.6M362.3M367.0M316.1M363.5M381.7M
Short Long Term Debt9M28.6M30.6M1M1.2M1.1M
Total Current Assets443.9M408.6M1.3B1.4B1.5B951.9M
Short Term Debt60.3M64.1M35.5M26.7M24.4M32.6M
Intangible Assets2.2B2.0B7.4B9.4B9.0B5.1B
Property Plant Equipment103.5M168.6M169.9M113.4M102.1M139.3M
Short Long Term Debt Total2.0B3.6B64.1M5.1B4.8B3.6B
Net Debt2.0B3.4B3.2B4.8B4.4B3.8B
Non Current Assets Total3.3B13.9B13.7B12.5B11.2B11.1B
Non Currrent Assets Other47.9M216.6M95.9M50.7M43.1M85.0M
Common Stock Total Equity2.2B10.0B10.0B11.7B13.5B14.2B
Long Term Debt Total1.9B1.6B3.5B5.0B5.8B3.2B
Non Current Liabilities Total2.0B4.0B137.7M5.6B5.1B3.9B
Net Invested Capital3.0B13.1B16.0B10.4B9.3B9.1B
Property Plant And Equipment Gross103.5M36.3M169.9M113.4M180.4M101.7M
Non Current Liabilities Other18.9M213.4M49.4M251.5M41.9M39.8M

Pair Trading with CLARIVATE PLC

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

Moving against CLARIVATE Stock

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The ability to find closely correlated positions to CLARIVATE PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CLARIVATE PLC 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 CLARIVATE PLC - 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 CLARIVATE PLC to buy it.
The correlation of CLARIVATE PLC 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 CLARIVATE PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CLARIVATE PLC 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 CLARIVATE PLC 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 CLARIVATE PLC 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 CLARIVATE 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 Clarivate Plc Stock. Highlighted below are key reports to facilitate an investment decision about Clarivate Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CLARIVATE PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC 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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Is CLARIVATE PLC'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 CLARIVATE PLC. If investors know CLARIVATE 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 CLARIVATE PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.65)
Revenue Per Share
3.914
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0129
Return On Equity
(0.16)
The market value of CLARIVATE PLC is measured differently than its book value, which is the value of CLARIVATE that is recorded on the company's balance sheet. Investors also form their own opinion of CLARIVATE PLC's value that differs from its market value or its book value, called intrinsic value, which is CLARIVATE PLC'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 CLARIVATE PLC's market value can be influenced by many factors that don't directly affect CLARIVATE PLC'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 CLARIVATE PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLARIVATE PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLARIVATE PLC'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.