Clairvest Retained Earnings vs Property Plant And Equipment Net Analysis

CVG Stock  CAD 68.95  1.05  1.50%   
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 Retained Earnings and its Property Plant And Equipment Net 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.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clairvest Group Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clairvest's Retained Earnings and Property Plant And Equipment Net is 0.74. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Clairvest Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Clairvest's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 18th 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.