Clairvest Property Plant And Equipment Gross vs Total Current Assets 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 Property Plant And Equipment Gross and its Total Current Assets 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.

Property Plant And Equipment Gross vs Total Current Assets

Property Plant And Equipment Gross vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clairvest Group Property Plant And Equipment Gross account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clairvest's Property Plant And Equipment Gross and Total Current Assets is 0.72. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Assets 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 Property Plant And Equipment Gross and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Clairvest Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Clairvest's Property Plant And Equipment Gross and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 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.