CLARIVATE Total Liab vs Cash 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 Total Liab and its Cash 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.
Total Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CLARIVATE PLC Total Liab account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CLARIVATE PLC's Total Liab and Cash is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash 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 Total Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of CLARIVATE PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Liab i.e., CLARIVATE PLC's Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Cash
Cash refers to the most liquid asset of CLARIVATE PLC, which is listed under current asset account on CLARIVATE PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CLARIVATE PLC customers. The amounts must be unrestricted with restricted cash listed in a different CLARIVATE PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Profit | 854.9M | 1.7B | 1.0B | 856.1M | Total Revenue | 1.3B | 2.7B | 2.6B | 1.5B |
CLARIVATE PLC fundamental ratios Correlations
Click cells to compare fundamentals
CLARIVATE PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CLARIVATE PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.0B | 3.7B | 15.2B | 13.9B | 12.7B | 8.9B | |
Other Current Liab | 153.8M | 716.4M | 742.8M | 484.2M | 448.4M | 443.3M | |
Total Current Liabilities | 661.1M | 643.7M | 1.6B | 1.6B | 1.6B | 1.0B | |
Total Stockholder Equity | 1.3B | 1.1B | 9.6B | 6.8B | 6.0B | 4.7B | |
Other Liab | 196.2M | 471.4M | 804.9M | 494.7M | 568.9M | 597.4M | |
Net Tangible Assets | (1.9B) | (4.0B) | (4.4B) | 5.4B | 4.9B | 5.1B | |
Retained Earnings | (390.1M) | (632.3M) | (958.9M) | (5.7B) | (6.6B) | (6.3B) | |
Accounts Payable | 38.4M | 82.0M | 798.4M | 101.4M | 144.1M | 172.7M | |
Cash | 53.2M | 25.6M | 257.7M | 348.8M | 370.7M | 198.8M | |
Other Assets | 38.1M | 77.7M | 78.6M | 122.1M | 1.0 | 0.95 | |
Long Term Debt | 1.9B | 1.6B | 3.5B | 5.0B | 4.7B | 2.5B | |
Net Receivables | 317.8M | 331.3M | 751.4M | 872.1M | 908.3M | 569.1M | |
Good Will | 1.3B | 1.3B | 6.3B | 2.9B | 2.0B | 2.5B | |
Inventory | 52.8M | 31.0M | 70.0M | 97.4M | (4.1M) | (3.9M) | |
Other Current Assets | 20.7M | 248.8M | 318.8M | 76.9M | 183.2M | 108.9M | |
Other Stockholder Equity | 1.7B | 503.5M | (17.0M) | 13.1B | 1.4B | 2.2B | |
Total Liab | 2.7B | 2.7B | 5.6B | 7.1B | 6.7B | 4.2B | |
Deferred Long Term Liab | 11.6M | 362.3M | 367.0M | 316.1M | 363.5M | 381.7M | |
Short Long Term Debt | 9M | 28.6M | 30.6M | 1M | 1.2M | 1.1M | |
Total Current Assets | 443.9M | 408.6M | 1.3B | 1.4B | 1.5B | 951.9M | |
Short Term Debt | 60.3M | 64.1M | 35.5M | 26.7M | 24.4M | 32.6M | |
Intangible Assets | 2.2B | 2.0B | 7.4B | 9.4B | 9.0B | 5.1B | |
Property Plant Equipment | 103.5M | 168.6M | 169.9M | 113.4M | 102.1M | 139.3M | |
Short Long Term Debt Total | 2.0B | 3.6B | 64.1M | 5.1B | 4.8B | 3.6B | |
Net Debt | 2.0B | 3.4B | 3.2B | 4.8B | 4.4B | 3.8B | |
Non Current Assets Total | 3.3B | 13.9B | 13.7B | 12.5B | 11.2B | 11.1B | |
Non Currrent Assets Other | 47.9M | 216.6M | 95.9M | 50.7M | 43.1M | 85.0M | |
Common Stock Total Equity | 2.2B | 10.0B | 10.0B | 11.7B | 13.5B | 14.2B | |
Long Term Debt Total | 1.9B | 1.6B | 3.5B | 5.0B | 5.8B | 3.2B | |
Non Current Liabilities Total | 2.0B | 4.0B | 137.7M | 5.6B | 5.1B | 3.9B | |
Net Invested Capital | 3.0B | 13.1B | 16.0B | 10.4B | 9.3B | 9.1B | |
Property Plant And Equipment Gross | 103.5M | 36.3M | 169.9M | 113.4M | 180.4M | 101.7M | |
Non Current Liabilities Other | 18.9M | 213.4M | 49.4M | 251.5M | 41.9M | 39.8M |
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.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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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When running CLARIVATE PLC's price analysis, check to measure CLARIVATE PLC'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 CLARIVATE PLC is operating at the current time. Most of CLARIVATE PLC's value examination focuses on studying past and present price action to predict the probability of CLARIVATE PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLARIVATE PLC's price. Additionally, you may evaluate how the addition of CLARIVATE PLC to your portfolios can decrease your overall portfolio volatility.
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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.