CorVel Common Stock Shares Outstanding vs Total Stockholder Equity Analysis

CRVL Stock

USD 271.64 1.39 0.51%

CorVel Corp financial indicator trend analysis is way more than just evaluating CorVel Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CorVel Corp is a good investment. Please check the relationship between CorVel Corp Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel 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 real.

For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

Common Stock Shares Outstanding vs Total Stockholder Equity

Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CorVel Corp Common Stock Shares Outstanding account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.

The correlation between CorVel Corp's Common Stock Shares Outstanding and Total Stockholder Equity is 0.11. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of CorVel Corp, assuming nothing else is changed. The correlation between historical values of CorVel Corp's Common Stock Shares Outstanding and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CorVel Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., CorVel Corp's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from CorVel Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CorVel 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 CorVel 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 real.

For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.At this time, CorVel Corp's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 36.32 this year, although the value of Tax Provision will most likely fall to about 12.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	152.1M	158.3M	182.0M	191.1M
Total Revenue	646.2M	718.6M	826.3M	867.7M

Gross Profit Total Revenue

CorVel Corp 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	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Good Will	Common Stock Total Equity
Total Assets		-0.17	0.36	0.98	0.98	0.94	-0.5	0.96	0.01	0.88	0.95	-0.6	0.88	0.69	0.04	0.59	0.76	-0.92	0.98	0.94	0.98	0.05	0.84	-0.19	0.4	0.62
Short Long Term Debt Total	-0.17		0.1	-0.31	-0.07	-0.15	0.07	-0.23	0.41	-0.24	-0.02	0.05	-0.24	0.28	0.57	0.01	-0.53	0.47	-0.26	-0.15	-0.25	0.45	0.23	0.19	0.72	0.5
Other Current Liab	0.36	0.1		0.34	0.34	0.4	-0.05	0.29	0.68	0.25	0.45	-0.45	0.25	0.37	0.18	0.38	0.19	-0.38	0.36	0.4	0.29	-0.2	0.52	-0.13	0.43	0.54
Total Current Liabilities	0.98	-0.31	0.34		0.96	0.88	-0.51	0.98	-0.01	0.84	0.89	-0.6	0.84	0.64	0.01	0.46	0.79	-0.94	0.96	0.88	0.99	0.02	0.79	-0.2	0.3	0.56
Total Stockholder Equity	0.98	-0.07	0.34	0.96		0.86	-0.61	0.96	0.05	0.87	0.9	-0.63	0.87	0.75	0.11	0.45	0.68	-0.85	0.93	0.86	0.98	0.16	0.87	-0.19	0.49	0.7
Property Plant And Equipment Net	0.94	-0.15	0.4	0.88	0.86		-0.22	0.86	0.04	0.78	0.98	-0.49	0.78	0.6	0.0	0.81	0.77	-0.89	0.97	1.0	0.87	-0.07	0.79	-0.13	0.32	0.52
Net Debt	-0.5	0.07	-0.05	-0.51	-0.61	-0.22		-0.47	0.2	-0.74	-0.26	0.34	-0.74	-0.45	0.1	0.13	-0.16	0.33	-0.39	-0.22	-0.61	-0.33	-0.37	0.11	-0.32	-0.36
Retained Earnings	0.96	-0.23	0.29	0.98	0.96	0.86	-0.47		0.0	0.77	0.88	-0.61	0.77	0.68	0.09	0.41	0.79	-0.91	0.93	0.86	0.96	0.07	0.83	-0.19	0.37	0.63
Accounts Payable	0.01	0.41	0.68	-0.01	0.05	0.04	0.2	0.0		-0.19	0.13	-0.48	-0.19	0.19	0.47	0.1	-0.07	0.05	-0.03	0.04	-0.07	-0.2	0.34	-0.24	0.37	0.47
Cash	0.88	-0.24	0.25	0.84	0.87	0.78	-0.74	0.77	-0.19		0.75	-0.46	1.0	0.55	-0.16	0.51	0.58	-0.76	0.86	0.78	0.91	0.07	0.62	-0.15	0.26	0.41
Non Current Assets Total	0.95	-0.02	0.45	0.89	0.9	0.98	-0.26	0.88	0.13	0.75		-0.55	0.75	0.68	0.13	0.76	0.73	-0.86	0.96	0.98	0.87	0.0	0.88	-0.13	0.47	0.66
Non Currrent Assets Other	-0.6	0.05	-0.45	-0.6	-0.63	-0.49	0.34	-0.61	-0.48	-0.46	-0.55		-0.46	-0.44	-0.37	-0.27	-0.5	0.55	-0.55	-0.49	-0.6	0.42	-0.68	0.75	-0.35	-0.59
Cash And Short Term Investments	0.88	-0.24	0.25	0.84	0.87	0.78	-0.74	0.77	-0.19	1.0	0.75	-0.46		0.55	-0.16	0.51	0.58	-0.76	0.86	0.78	0.91	0.07	0.62	-0.15	0.26	0.41
Net Receivables	0.69	0.28	0.37	0.64	0.75	0.6	-0.45	0.68	0.19	0.55	0.68	-0.44	0.55		-0.04	0.32	0.27	-0.56	0.63	0.6	0.67	0.35	0.76	-0.08	0.76	0.87
Common Stock Shares Outstanding	0.04	0.57	0.18	0.01	0.11	0.0	0.1	0.09	0.47	-0.16	0.13	-0.37	-0.16	-0.04		-0.02	-0.06	0.13	-0.02	0.0	-0.01	0.0	0.38	-0.2	0.47	0.4
Non Current Liabilities Total	0.59	0.01	0.38	0.46	0.45	0.81	0.13	0.41	0.1	0.51	0.76	-0.27	0.51	0.32	-0.02		0.49	-0.56	0.69	0.81	0.47	-0.28	0.52	-0.11	0.19	0.27
Other Current Assets	0.76	-0.53	0.19	0.79	0.68	0.77	-0.16	0.79	-0.07	0.58	0.73	-0.5	0.58	0.27	-0.06	0.49		-0.83	0.8	0.77	0.73	-0.26	0.62	-0.22	-0.04	0.25
Other Stockholder Equity	-0.92	0.47	-0.38	-0.94	-0.85	-0.89	0.33	-0.91	0.05	-0.76	-0.86	0.55	-0.76	-0.56	0.13	-0.56	-0.83		-0.94	-0.89	-0.9	0.17	-0.7	0.22	-0.18	-0.43
Total Liab	0.98	-0.26	0.36	0.96	0.93	0.97	-0.39	0.93	-0.03	0.86	0.96	-0.55	0.86	0.63	-0.02	0.69	0.8	-0.94		0.97	0.95	-0.05	0.79	-0.18	0.31	0.53
Property Plant And Equipment Gross	0.94	-0.15	0.4	0.88	0.86	1.0	-0.22	0.86	0.04	0.78	0.98	-0.49	0.78	0.6	0.0	0.81	0.77	-0.89	0.97		0.87	-0.07	0.79	-0.13	0.32	0.52
Total Current Assets	0.98	-0.25	0.29	0.99	0.98	0.87	-0.61	0.96	-0.07	0.91	0.87	-0.6	0.91	0.67	-0.01	0.47	0.73	-0.9	0.95	0.87		0.07	0.78	-0.22	0.34	0.57
Short Term Debt	0.05	0.45	-0.2	0.02	0.16	-0.07	-0.33	0.07	-0.2	0.07	0.0	0.42	0.07	0.35	0.0	-0.28	-0.26	0.17	-0.05	-0.07	0.07		0.1	0.53	0.42	0.26
Common Stock	0.84	0.23	0.52	0.79	0.87	0.79	-0.37	0.83	0.34	0.62	0.88	-0.68	0.62	0.76	0.38	0.52	0.62	-0.7	0.79	0.79	0.78	0.1		-0.17	0.74	0.89
Other Assets	-0.19	0.19	-0.13	-0.2	-0.19	-0.13	0.11	-0.19	-0.24	-0.15	-0.13	0.75	-0.15	-0.08	-0.2	-0.11	-0.22	0.22	-0.18	-0.13	-0.22	0.53	-0.17		0.05	-0.12
Good Will	0.4	0.72	0.43	0.3	0.49	0.32	-0.32	0.37	0.37	0.26	0.47	-0.35	0.26	0.76	0.47	0.19	-0.04	-0.18	0.31	0.32	0.34	0.42	0.74	0.05		0.91
Common Stock Total Equity	0.62	0.5	0.54	0.56	0.7	0.52	-0.36	0.63	0.47	0.41	0.66	-0.59	0.41	0.87	0.4	0.27	0.25	-0.43	0.53	0.52	0.57	0.26	0.89	-0.12	0.91

Click cells to compare fundamentals

CorVel Corp Account Relationship Matchups

CorVel Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	416.3M	424.8M	415.2M	393.9M	453.0M	475.7M
Other Current Liab	37.5M	57.1M	48.0M	35.7M	41.0M	24.0M
Total Current Liabilities	133.7M	162.5M	171.4M	167.9M	193.1M	202.7M
Total Stockholder Equity	189.7M	220.4M	212.4M	202.2M	232.5M	244.1M
Property Plant And Equipment Net	166.6M	115.9M	111.3M	110.5M	127.1M	133.4M
Net Debt	1.9M	(97.8M)	(54.4M)	(47.5M)	(42.7M)	(40.6M)
Retained Earnings	552.5M	598.9M	665.3M	731.7M	841.4M	883.5M
Accounts Payable	16.4M	13.6M	14.4M	15.3M	17.6M	11.8M
Cash	83.2M	139.7M	97.5M	71.3M	82.0M	86.1M
Non Current Assets Total	207.3M	155.8M	150.3M	150.2M	172.7M	181.3M
Non Currrent Assets Other	1.3M	345K	481K	(224K)	(201.6K)	(211.7K)
Cash And Short Term Investments	83.2M	139.7M	97.5M	71.3M	82.0M	86.1M
Net Receivables	76.8M	64.7M	82.6M	81.0M	93.2M	49.1M
Common Stock Shares Outstanding	18.6M	18.2M	18.1M	17.6M	15.8M	25.1M
Liabilities And Stockholders Equity	416.3M	424.8M	415.2M	393.9M	453.0M	475.7M
Non Current Liabilities Total	92.9M	41.9M	31.5M	23.9M	27.4M	28.8M
Other Current Assets	60.0B	64.5B	84.9M	91.4B	105.1B	110.4B
Other Stockholder Equity	(365.8M)	(381.5M)	(452.9M)	(532.5M)	(479.2M)	(455.3M)
Total Liab	226.5M	204.4M	202.9M	191.7M	220.5M	231.5M
Property Plant And Equipment Gross	166.6M	115.9M	111.3M	110.5M	127.1M	133.4M
Total Current Assets	209.0M	268.9M	265.0M	243.8M	280.3M	294.4M
Short Term Debt	13.2M	12.8M	13.3M	9.9M	11.4M	14.5M
Other Assets	756K	1.3M	958K	481K	553.2K	525.5K
Good Will	40.7M	39.9M	39.0M	39.7M	35.7M	33.9M
Intangible Assets	2.5M	2.1M	1.7M	1.2M	1.1M	1.1M
Property Plant Equipment	75.9M	88.0M	76.3M	82.8M	95.2M	50.3M
Current Deferred Revenue	66.6M	79.0M	95.6M	107M	123.1M	129.2M
Inventory	(7.2M)	(60.0B)	(64.4B)	(91.3B)	(82.2B)	(78.1B)
Net Tangible Assets	150.4M	153.6M	173.9M	164.1M	188.7M	130.5M
Retained Earnings Total Equity	552.5M	598.9M	665.3M	731.7M	841.4M	513.9M
Capital Surpluse	168.9M	185.9M	201.6M	218.7M	251.5M	165.0M
Deferred Long Term Liab	4.8M	6.3M	7.8M	1.7M	1.5M	1.4M
Other Liab	4.8M	6.3M	7.8M	1.7M	1.5M	1.4M
Net Invested Capital	189.7M	220.4M	212.4M	202.2M	232.5M	218.3M
Net Working Capital	75.3M	106.5M	93.6M	75.9M	87.3M	94.5M

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When determining whether CorVel Corp is a strong investment it is important to analyze CorVel 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 CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:

How To Invest In CorVel

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Is CorVel Stock a good investment?

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What is CorVel Corp's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel 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 real.

For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running CorVel Corp's price analysis, check to measure CorVel 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 CorVel Corp is operating at the current time. Most of CorVel Corp's value examination focuses on studying past and present price action to predict the probability of CorVel 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 CorVel Corp's price. Additionally, you may evaluate how the addition of CorVel Corp to your portfolios can decrease your overall portfolio volatility.

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Is CorVel 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 CorVel Corp. If investors know CorVel 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 CorVel 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

0.031

Earnings Share

4.3

Revenue Per Share

45.138

Quarterly Revenue Growth

0.128

Return On Assets

0.1394

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

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CorVel Common Stock Shares Outstanding vs Total Stockholder Equity Analysis

Common Stock Shares Outstanding vs Total Stockholder Equity

Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Total Stockholder Equity

CorVel Corp fundamental ratios Correlations

CorVel Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CorVel Corp fundamental ratios Accounts

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Build Optimal Portfolios

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Complementary Tools for CorVel Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets

Total Liab	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Total Current Liabilities
Other Stockholder Equity	- 0.92	Total Assets
Other Stockholder Equity	- 0.91	Retained Earnings
Total Current Assets	- 0.9	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.89	Other Stockholder Equity