Clairvest Capex To Depreciation vs Ptb Ratio Analysis

CVG Stock  CAD 69.98  0.01  0.01%   
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 Ptb 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 Ptb Ratio

Capex To Depreciation vs Ptb 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 Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Clairvest's Capex To Depreciation and Ptb Ratio is -0.2. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb 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 Ptb 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 Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Depreciation i.e., Clairvest's Capex To Depreciation and Ptb 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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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 4th of June 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
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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

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Other Information on Investing in Clairvest Stock

Balance Sheet is a snapshot of the financial position of Clairvest Group at a specified time, usually calculated after every quarter, six months, or one year. Clairvest Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clairvest 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 Clairvest currently owns. An asset can also be divided into two categories, current and non-current.