CorVel Total Current Liabilities from 2010 to 2024

CRVL Stock  USD 366.02  4.42  1.19%   
CorVel Corp Total Current Liabilities yearly trend continues to be quite stable with very little volatility. Total Current Liabilities may rise above about 193.7 M this year. Total Current Liabilities is the total amount of liabilities that CorVel Corp is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1991-03-31
Previous Quarter
200.6 M
Current Value
212.9 M
Quarterly Volatility
57.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CorVel Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CorVel Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.6 M, Interest Expense of 30.3 M or Selling General Administrative of 39.9 M, as well as many indicators such as Price To Sales Ratio of 5.8, Dividend Yield of 0.0502 or PTB Ratio of 18.64. CorVel financial statements analysis is a perfect complement when working with CorVel Corp Valuation or Volatility modules.
  
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

Latest CorVel Corp's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of CorVel Corp over the last few years. Total Current Liabilities is an item on CorVel Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CorVel Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. CorVel Corp's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CorVel Corp's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

CorVel Total Current Liabilities Regression Statistics

Arithmetic Mean110,798,997
Geometric Mean85,143,393
Coefficient Of Variation50.78
Mean Deviation47,327,330
Median97,989,000
Standard Deviation56,260,245
Sample Variance3165.2T
Range190.9M
R-Value0.98
Mean Square Error144.9T
R-Squared0.96
Slope12,309,920
Total Sum of Squares44313T

CorVel Total Current Liabilities History

2024193.7 M
2023184.5 M
2022167.9 M
2021171.4 M
2020162.5 M
2019133.7 M
2018116.9 M

About CorVel Corp Financial Statements

CorVel Corp investors utilize fundamental indicators, such as Total Current Liabilities, to predict how CorVel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities184.5 M193.7 M

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
When determining whether CorVel Corp is a strong investment it is important to analyze CorVel Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorVel Corp. If investors know CorVel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorVel Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.174
Earnings Share
4.7
Revenue Per Share
49.398
Quarterly Revenue Growth
0.148
Return On Assets
0.1334
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp'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.