Charles Deferred Revenue vs Current Assets Analysis

CRL Stock  USD 270.76  1.39  0.52%   
Trend analysis of Charles River Laboratories balance sheet accounts such as Short Long Term Debt Total of 3.2 B, Other Current Liabilities of 201.5 M or Total Current Liabilities of 1.1 B provides information on Charles River's total assets, liabilities, and equity, which is the actual value of Charles River Labora to its prevalent stockholders. By breaking down trends over time using Charles River balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charles River Laboratories. 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.

About Charles Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Charles River Labora at a specified time, usually calculated after every quarter, six months, or one year. Charles River Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Charles River and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Charles currently owns. An asset can also be divided into two categories, current and non-current.

Charles River Balance Sheet Chart

Charles River Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Charles River Labora uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Charles River's Current Deferred Revenue is quite stable compared to the past year. Net Debt is expected to rise to about 2.9 B this year, although the value of Cash will most likely fall to about 172.3 M.

Total Assets

Total assets refers to the total amount of Charles River assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Charles River Labora books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Charles River balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Charles River Laboratories are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Charles River's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Charles River Labora 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 Charles River Laboratories. 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.
At this time, Charles River's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 1.8 M this year, although the value of Tax Provision will most likely fall to about 99.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense73.9M59.3M136.7M143.5M
Depreciation And Amortization230.3M335.2M314.1M329.8M

Charles River fundamental ratios Correlations

0.990.660.990.990.980.980.990.930.970.811.00.90.810.98-0.130.520.990.940.360.840.990.90.990.63-0.19
0.990.720.990.970.980.981.00.890.980.830.990.860.830.98-0.120.551.00.910.390.871.00.860.980.57-0.17
0.660.720.740.560.590.740.720.440.770.750.670.290.750.69-0.180.440.730.370.450.780.730.270.64-0.14-0.18
0.990.990.740.970.970.990.990.890.980.830.990.850.840.98-0.140.530.990.90.40.861.00.840.980.56-0.18
0.990.970.560.970.980.950.970.960.940.760.990.950.760.96-0.140.470.970.970.330.780.970.940.980.72-0.2
0.980.980.590.970.980.940.970.90.940.780.980.920.780.96-0.020.60.970.960.450.840.970.930.980.69-0.07
0.980.980.740.990.950.940.980.90.970.820.980.820.820.98-0.180.480.990.880.310.840.990.820.970.53-0.23
0.991.00.720.990.970.970.980.90.980.810.990.860.820.98-0.130.541.00.910.380.861.00.860.980.57-0.18
0.930.890.440.890.960.90.90.90.890.620.930.920.630.89-0.250.250.890.940.170.60.890.910.90.73-0.3
0.970.980.770.980.940.940.970.980.890.790.970.80.790.95-0.180.460.980.850.420.820.980.790.940.47-0.22
0.810.830.750.830.760.780.820.810.620.790.80.611.00.85-0.030.60.830.670.530.920.830.610.840.33-0.06
1.00.990.670.990.990.980.980.990.930.970.80.90.80.98-0.150.50.990.940.350.830.990.890.980.63-0.21
0.90.860.290.850.950.920.820.860.920.80.610.90.610.85-0.070.420.850.990.260.630.850.990.890.88-0.14
0.810.830.750.840.760.780.820.820.630.791.00.80.610.85-0.030.60.840.680.530.920.840.620.850.33-0.06
0.980.980.690.980.960.960.980.980.890.950.850.980.850.85-0.060.580.990.910.370.860.990.860.990.59-0.11
-0.13-0.12-0.18-0.14-0.14-0.02-0.18-0.13-0.25-0.18-0.03-0.15-0.07-0.03-0.060.68-0.13-0.050.460.03-0.130.0-0.040.051.0
0.520.550.440.530.470.60.480.540.250.460.60.50.420.60.580.680.550.480.690.720.540.470.590.290.65
0.991.00.730.990.970.970.991.00.890.980.830.990.850.840.99-0.130.550.90.380.871.00.850.980.55-0.17
0.940.910.370.90.970.960.880.910.940.850.670.940.990.680.91-0.050.480.90.290.70.90.990.940.85-0.12
0.360.390.450.40.330.450.310.380.170.420.530.350.260.530.370.460.690.380.290.570.380.270.410.070.46
0.840.870.780.860.780.840.840.860.60.820.920.830.630.920.860.030.720.870.70.570.870.650.850.34-0.02
0.991.00.731.00.970.970.991.00.890.980.830.990.850.840.99-0.130.541.00.90.380.870.850.980.56-0.18
0.90.860.270.840.940.930.820.860.910.790.610.890.990.620.860.00.470.850.990.270.650.850.90.89-0.07
0.990.980.640.980.980.980.970.980.90.940.840.980.890.850.99-0.040.590.980.940.410.850.980.90.65-0.09
0.630.57-0.140.560.720.690.530.570.730.470.330.630.880.330.590.050.290.550.850.070.340.560.890.65-0.02
-0.19-0.17-0.18-0.18-0.2-0.07-0.23-0.18-0.3-0.22-0.06-0.21-0.14-0.06-0.111.00.65-0.17-0.120.46-0.02-0.18-0.07-0.09-0.02
Click cells to compare fundamentals

Charles River Account Relationship Matchups

Charles River fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.5B7.0B7.6B8.2B8.6B
Short Long Term Debt Total2.0B2.1B2.9B3.1B3.1B3.2B
Other Current Liab388.3M459.1M612.6M571.2M203.2M201.5M
Total Current Liabilities710.2M839.8M1.0B1.1B1.1B1.1B
Total Stockholder Equity1.6B2.1B2.5B3.0B3.6B3.8B
Property Plant And Equipment Net1.2B1.3B1.6B1.9B2.0B2.1B
Current Deferred Revenue171.8M207.9M219.7M264.3M241.8M253.9M
Net Debt1.8B1.9B2.7B2.9B2.8B2.9B
Retained Earnings280.3M625.4M980.8M1.4B1.9B2.0B
Accounts Payable111.5M122.5M198.1M205.9M168.9M177.4M
Cash238.0M228.4M241.2M233.9M276.8M172.3M
Non Current Assets Total3.7B4.3B5.8B6.2B6.6B6.9B
Non Currrent Assets Other89.6M130.8M151.5M148.3M309.4M324.9M
Cash And Short Term Investments238.0M228.4M241.2M233.9M276.8M173.9M
Net Receivables514.0M617.7M642.9M752.4M780.4M819.4M
Common Stock Total Equity489K498K505K509K585.4K681.5K
Common Stock Shares Outstanding49.7M50.6M51.4M51.3M51.5M55.4M
Liabilities And Stockholders Equity4.7B5.5B7.0B7.6B8.2B8.6B
Non Current Liabilities Total2.3B2.5B3.4B3.5B3.5B3.7B
Inventory160.7M185.7M199.1M255.8M380.3M399.3M
Other Current Assets56.0M72.6M97.3M107.6M83.4M58.7M
Other Stockholder Equity1.5B1.6B1.7B1.8B1.9B1.3B
Total Liab3.0B3.3B4.4B4.6B4.5B4.8B
Property Plant And Equipment Gross1.2B1.1B1.6B1.9B3.4B3.5B
Total Current Assets1.0B1.2B1.3B1.4B1.6B1.7B
Accumulated Other Comprehensive Income(178.0M)(138.9M)(164.7M)(262.1M)(196.4M)(186.6M)
Short Term Debt38.5M50.2M2.8M50.2M441.1M463.2M
Common Stock489K498K505K509K513K670.0K
Intangible Assets689.4M787.6M1.1B955.3M864.1M480.2M
Other Liab350.2M422.2M482.6M390.4M449.0M471.4M
Other Assets134.3M1.5B(47.2M)1K1.2K1.1K
Long Term Debt1.8B1.9B2.6B2.7B2.6B2.8B
Good Will1.5B1.8B2.7B2.8B3.1B3.2B
Property Plant Equipment1.0B1.1B1.6B1.9B2.1B2.2B
Short Term Investments941K1.0M1.1M998K898.2K853.3K
Net Tangible Assets(566.7M)(456.7M)(1.2B)(786.5M)(707.8M)(672.4M)
Noncontrolling Interest In Consolidated Entity3.2M3.6M4.2M4.8M5.5M3.4M
Retained Earnings Total Equity280.3M625.4M980.8M1.4B1.6B1.7B

Charles River Investors Sentiment

The influence of Charles River's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Charles. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Charles River's public news can be used to forecast risks associated with an investment in Charles. The trend in average sentiment can be used to explain how an investor holding Charles can time the market purely based on public headlines and social activities around Charles River Laboratories. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Charles River's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Charles River's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Charles River's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Charles River.
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 Charles River 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, Charles River's short interest history, or implied volatility extrapolated from Charles River options trading.

Pair Trading with Charles River

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

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The ability to find closely correlated positions to Charles River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles River 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 Charles River - 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 Charles River Laboratories to buy it.
The correlation of Charles River 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 Charles River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles River Labora 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 Charles River 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 Charles River Labora is a strong investment it is important to analyze Charles River'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 Charles River's future performance. For an informed investment choice regarding Charles Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charles River Laboratories. 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.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Charles River'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 Charles River. If investors know Charles 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 Charles River 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
(0.01)
Earnings Share
9.21
Revenue Per Share
80.61
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0519
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River'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 Charles River's market value can be influenced by many factors that don't directly affect Charles River'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 Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River'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.