Clairvest Capex To Depreciation vs Pb Ratio Analysis

CVG Stock  CAD 70.74  0.66  0.92%   
Clairvest financial indicator trend analysis is way more than just evaluating Clairvest Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clairvest Group is a good investment. Please check the relationship between Clairvest Capex To Depreciation and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clairvest Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clairvest Group Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Clairvest's Capex To Depreciation and Pb Ratio is -0.2. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Clairvest Group, assuming nothing else is changed. The correlation between historical values of Clairvest's Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Clairvest Group are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., Clairvest's Capex To Depreciation and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Pb Ratio

Most indicators from Clairvest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clairvest Group 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 Clairvest Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Clairvest's Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 16.8 M, while Enterprise Value Over EBITDA is likely to drop 9.33.
 2021 2023 2024 (projected)
Net Income330.2M60.2M52.5M
EBITDA376.9M433.4M455.1M

Clairvest fundamental ratios Correlations

-0.67-0.670.54-0.67-0.610.06-0.63-0.610.98-0.540.92-0.270.51-0.170.52-0.39-0.44-0.31-0.5-0.50.43-0.48-0.28-0.39-0.43
-0.671.0-0.721.00.83-0.480.810.91-0.570.82-0.410.25-0.60.69-0.610.630.710.470.890.88-0.650.770.620.720.82
-0.671.0-0.731.00.84-0.510.830.92-0.570.8-0.410.28-0.60.71-0.620.620.70.440.90.88-0.650.760.650.740.83
0.54-0.72-0.73-0.74-0.970.26-0.95-0.510.46-0.40.44-0.370.18-0.750.19-0.29-0.35-0.07-0.73-0.640.21-0.83-0.81-0.88-0.76
-0.671.01.0-0.740.84-0.510.830.92-0.580.8-0.420.28-0.60.71-0.610.620.70.440.90.88-0.640.760.650.740.84
-0.610.830.84-0.970.84-0.330.990.63-0.520.53-0.430.39-0.390.77-0.40.440.510.120.770.68-0.430.850.80.870.78
0.06-0.48-0.510.26-0.51-0.33-0.34-0.640.02-0.1-0.12-0.40.37-0.60.38-0.12-0.20.12-0.53-0.460.37-0.08-0.67-0.61-0.69
-0.630.810.83-0.950.830.99-0.340.63-0.550.51-0.470.44-0.420.8-0.420.450.510.10.760.67-0.430.830.810.870.78
-0.610.910.92-0.510.920.63-0.640.63-0.530.68-0.360.29-0.630.61-0.650.590.660.330.810.79-0.670.570.570.640.8
0.98-0.57-0.570.46-0.58-0.520.02-0.55-0.53-0.470.92-0.330.44-0.10.45-0.34-0.39-0.29-0.47-0.470.34-0.44-0.25-0.33-0.4
-0.540.820.8-0.40.80.53-0.10.510.68-0.47-0.29-0.01-0.570.34-0.580.80.820.710.680.75-0.630.650.140.260.46
0.92-0.41-0.410.44-0.42-0.43-0.12-0.47-0.360.92-0.29-0.230.240.00.24-0.12-0.16-0.2-0.28-0.280.11-0.3-0.15-0.23-0.23
-0.270.250.28-0.370.280.39-0.40.440.29-0.33-0.01-0.23-0.250.42-0.260.280.29-0.260.330.27-0.160.320.60.470.45
0.51-0.6-0.60.18-0.6-0.390.37-0.42-0.630.44-0.570.24-0.25-0.241.0-0.68-0.72-0.14-0.27-0.270.97-0.22-0.17-0.2-0.25
-0.170.690.71-0.750.710.77-0.60.80.61-0.10.340.00.42-0.24-0.250.330.390.00.750.66-0.320.710.890.90.84
0.52-0.61-0.620.19-0.61-0.40.38-0.42-0.650.45-0.580.24-0.261.0-0.25-0.69-0.73-0.15-0.29-0.290.97-0.23-0.18-0.21-0.27
-0.390.630.62-0.290.620.44-0.120.450.59-0.340.8-0.120.28-0.680.33-0.690.990.290.480.52-0.70.60.150.190.36
-0.440.710.7-0.350.70.51-0.20.510.66-0.390.82-0.160.29-0.720.39-0.730.990.340.550.59-0.750.640.220.280.43
-0.310.470.44-0.070.440.120.120.10.33-0.290.71-0.2-0.26-0.140.0-0.150.290.340.440.57-0.220.33-0.17-0.060.14
-0.50.890.9-0.730.90.77-0.530.760.81-0.470.68-0.280.33-0.270.75-0.290.480.550.440.98-0.330.810.740.80.94
-0.50.880.88-0.640.880.68-0.460.670.79-0.470.75-0.280.27-0.270.66-0.290.520.590.570.98-0.340.780.610.690.87
0.43-0.65-0.650.21-0.64-0.430.37-0.43-0.670.34-0.630.11-0.160.97-0.320.97-0.7-0.75-0.22-0.33-0.34-0.3-0.19-0.24-0.29
-0.480.770.76-0.830.760.85-0.080.830.57-0.440.65-0.30.32-0.220.71-0.230.60.640.330.810.78-0.30.630.710.72
-0.280.620.65-0.810.650.8-0.670.810.57-0.250.14-0.150.6-0.170.89-0.180.150.22-0.170.740.61-0.190.630.980.89
-0.390.720.74-0.880.740.87-0.610.870.64-0.330.26-0.230.47-0.20.9-0.210.190.28-0.060.80.69-0.240.710.980.92
-0.430.820.83-0.760.840.78-0.690.780.8-0.40.46-0.230.45-0.250.84-0.270.360.430.140.940.87-0.290.720.890.92
Click cells to compare fundamentals

Clairvest Account Relationship Matchups

Clairvest fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding15.1M15.1M15.1M15.0M13.5M13.9M
Total Assets944.9M985.0M1.4B1.4B1.6B1.7B
Total Stockholder Equity837.4M857.8M1.2B1.2B1.4B1.5B
Net Debt(288.9M)(272.9M)(186.8M)(218.4M)(196.6M)(186.7M)
Retained Earnings756.5M777.0M1.1B1.1B1.3B1.4B
Cash272.9M186.8M218.4M216.2M248.6M261.1M
Other Assets911.3M8.4M433K5.0M5.7M5.4M
Cash And Short Term Investments272.9M186.8M218.4M217.9M250.6M263.1M
Net Receivables53.8M126.8M104.3M140.5M161.6M169.7M
Liabilities And Stockholders Equity944.9M985.0M1.4B1.4B1.6B1.7B
Total Liab11.9M8.6M174.1M211.9M243.7M255.9M
Accounts Payable11.9M8.6M6.9M11.5M13.2M8.4M
Common Stock80.9M80.8M80.8M80.6M72.6M64.8M
Other Current Liab(11.9M)(8.6M)(6.9M)32.3M37.1M39.0M
Total Current Liabilities11.9M8.6M6.9M135.0M155.3M163.0M
Other Liab46.2M42.0M86.3M74.5M85.7M71.5M
Net Tangible Assets837.4M857.8M1.2B1.2B1.4B816.3M
Long Term Investments600.7M663.0M1.0B1.1B1.3B682.3M
Total Current Assets326.7M313.6M322.7M428.5M492.8M336.7M
Property Plant Equipment9.1M8.0M7.3M6.6M7.6M5.4M
Property Plant And Equipment Net9.1M8.0M7.3M6.6M7.6M5.5M
Property Plant And Equipment Gross9.1M11.3M11.8M12.2M14.1M7.2M
Long Term Debt Total3.8M3.3M2.9M2.4M2.7M1.9M
Cash And Equivalents26.3M27.6M13.1M1.7M1.5M1.4M
Capital Stock80.9M80.8M80.8M80.6M72.6M64.7M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clairvest Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Clairvest Group information on this page should be used as a complementary analysis to other Clairvest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Clairvest Stock analysis

When running Clairvest's price analysis, check to measure Clairvest'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 Clairvest is operating at the current time. Most of Clairvest's value examination focuses on studying past and present price action to predict the probability of Clairvest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clairvest's price. Additionally, you may evaluate how the addition of Clairvest to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Transaction History
View history of all your transactions and understand their impact on performance
Please note, there is a significant difference between Clairvest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clairvest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clairvest'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.