Clairvest Cash vs Property Plant Equipment Analysis
CVG Stock | CAD 70.00 0.02 0.03% |
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 Cash and its Property Plant Equipment 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Property Plant Equipment
Cash vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clairvest Group Cash account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Clairvest's Cash and Property Plant Equipment is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment 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 Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Clairvest Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Clairvest's Cash and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Clairvest Group, which is listed under current asset account on Clairvest Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Clairvest customers. The amounts must be unrestricted with restricted cash listed in a different Clairvest 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.Property Plant Equipment
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 closely tied 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 15th 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 Income | 330.2M | 60.2M | 52.5M | EBITDA | 376.9M | 433.4M | 455.1M |
Clairvest fundamental ratios Correlations
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Clairvest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clairvest fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 15.1M | 15.1M | 15.1M | 15.0M | 13.5M | 13.9M | |
Total Assets | 944.9M | 985.0M | 1.4B | 1.4B | 1.6B | 1.7B | |
Total Stockholder Equity | 837.4M | 857.8M | 1.2B | 1.2B | 1.4B | 1.5B | |
Net Debt | (288.9M) | (272.9M) | (186.8M) | (218.4M) | (196.6M) | (186.7M) | |
Retained Earnings | 756.5M | 777.0M | 1.1B | 1.1B | 1.3B | 1.4B | |
Cash | 272.9M | 186.8M | 218.4M | 216.2M | 248.6M | 261.1M | |
Other Assets | 911.3M | 8.4M | 433K | 5.0M | 5.7M | 5.4M | |
Cash And Short Term Investments | 272.9M | 186.8M | 218.4M | 217.9M | 250.6M | 263.1M | |
Net Receivables | 53.8M | 126.8M | 104.3M | 140.5M | 161.6M | 169.7M | |
Liabilities And Stockholders Equity | 944.9M | 985.0M | 1.4B | 1.4B | 1.6B | 1.7B | |
Total Liab | 11.9M | 8.6M | 174.1M | 211.9M | 243.7M | 255.9M | |
Accounts Payable | 11.9M | 8.6M | 6.9M | 11.5M | 13.2M | 8.4M | |
Common Stock | 80.9M | 80.8M | 80.8M | 80.6M | 72.6M | 64.8M | |
Other Current Liab | (11.9M) | (8.6M) | (6.9M) | 32.3M | 37.1M | 39.0M | |
Total Current Liabilities | 11.9M | 8.6M | 6.9M | 135.0M | 155.3M | 163.0M | |
Other Liab | 46.2M | 42.0M | 86.3M | 74.5M | 85.7M | 71.5M | |
Net Tangible Assets | 837.4M | 857.8M | 1.2B | 1.2B | 1.4B | 816.3M | |
Long Term Investments | 600.7M | 663.0M | 1.0B | 1.1B | 1.3B | 682.3M | |
Total Current Assets | 326.7M | 313.6M | 322.7M | 428.5M | 492.8M | 336.7M | |
Property Plant Equipment | 9.1M | 8.0M | 7.3M | 6.6M | 7.6M | 5.4M | |
Property Plant And Equipment Net | 9.1M | 8.0M | 7.3M | 6.6M | 7.6M | 5.5M | |
Property Plant And Equipment Gross | 9.1M | 11.3M | 11.8M | 12.2M | 14.1M | 7.2M | |
Long Term Debt Total | 3.8M | 3.3M | 2.9M | 2.4M | 2.7M | 1.9M | |
Cash And Equivalents | 26.3M | 27.6M | 13.1M | 1.7M | 1.5M | 1.4M | |
Capital Stock | 80.9M | 80.8M | 80.8M | 80.6M | 72.6M | 64.7M |
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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.