Civeo Corp Financials

CVEO Stock  USD 23.94  0.02  0.08%   
Based on the analysis of Civeo Corp's profitability, liquidity, and operating efficiency, Civeo Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Civeo Corp's Inventory is very stable compared to the past year. As of the 22nd of November 2024, Total Liabilities is likely to grow to about 376.6 M, while Other Current Liabilities is likely to drop about 34.5 M. Key indicators impacting Civeo Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.190.2047
Significantly Down
Very volatile
Current Ratio2.11.5341
Significantly Up
Slightly volatile
Investors should never underestimate Civeo Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Civeo Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Civeo Corp.

Net Income

31.66 Million

  
Understanding current and past Civeo Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Civeo Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Civeo Corp's assets may result in an increase in income on the income statement.

Civeo Corp Earnings Geography

Civeo Corp Stock Summary

Civeo Corp competes with Network 1, BrightView Holdings, Maximus, CBIZ, and First Advantage. Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corp operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.
Specialization
Consumer Cyclical, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA17878Y2078
CUSIP178787107 17878Y108 17878Y207
LocationTexas; U.S.A
Business AddressThree Allen Center,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websiteciveo.com
Phone713 510 2400
CurrencyUSD - US Dollar

Civeo Corp Key Financial Ratios

Civeo Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets969.9M740.9M672.7M566.2M548.1M894.7M
Other Current Liab30.8M28.7M34.1M47.6M43.1M34.5M
Other Liab26.0M14.9M14.7M19.0M17.1M21.7M
Accounts Payable37.0M42.1M49.3M51.1M58.7M43.8M
Cash3.3M6.2M6.3M8.0M3.3M3.2M
Other Assets1.3M26.2M5.4M5.6M5.0M9.6M
Long Term Debt321.8M214M142.6M102.5M65.6M62.3M
Good Will110.2M8.7M8.2M7.7M7.7M7.3M
Inventory5.9M6.2M6.5M6.9M7.0M7.7M
Other Current Assets7.9M17.1M29.6M18.9M21.7M14.1M
Total Liab479.1M365.5M309.6M262.5M225.0M376.6M
Intangible Assets111.8M99.7M93.6M81.7M78.0M79.3M
Net Debt374.8M262.3M182.3M135.8M75.9M72.1M
Net Receivables99.5M89.8M114.9M119.8M143.2M84.4M
Total Current Assets131.4M119.2M157.2M153.5M175.2M149.4M
Short Term Debt35.1M39.0M34.8M28.4M3.8M3.6M
Net Tangible Assets210.0M206.2M197.7M210.7M189.6M297.5M
Retained Earnings(771.6M)(907.7M)(913.0M)(930.1M)(919.0M)(965.0M)
Long Term Debt Total321.8M214M142.6M102.5M92.3M87.6M
Capital Surpluse1.6B1.6B1.6B1.6B1.9B1.6B

Civeo Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense27.4M16.7M13.0M11.5M13.2M16.6M
Total Revenue527.6M529.7M594.5M697.1M700.8M527.1M
Gross Profit160.7M147.6M158.0M180.0M95.4M185.1M
Operating Income(15.5M)17.8M27.2M27.9M39.5M41.5M
Ebit(15.5M)(126.7M)14.0M22.7M22.3M34.5M
Ebitda108.2M(30.2M)97.1M110.0M97.4M133.4M
Cost Of Revenue366.8M382.1M436.5M517.1M605.4M470.2M
Income Before Tax(69.1M)(143.4M)5.9M10.7M40.4M42.4M
Net Income(58.3M)(132.8M)2.5M6.3M30.2M31.7M
Income Tax Expense(10.7M)(10.6M)3.4M4.4M10.6M11.2M
Minority Interest157K1.5M(1.1M)(2.3M)(574K)(545.3K)
Non Recurring(26.1M)144.1M7.9M5.7M5.1M4.9M
Tax Provision(10.7M)(10.6M)3.4M4.4M208K218.4K
Interest Income78K20K2K39K150K142.5K
Net Interest Income(27.3M)(16.7M)(13.0M)(11.4M)(13.9M)(14.6M)

Civeo Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(87K)171K(526K)(1.8M)5K4.8K
Change In Cash(9.0M)2.8M127K1.7M(4.6M)(4.4M)
Free Cash Flow44.7M107.3M73.0M66.4M64.9M54.0M
Depreciation123.8M96.5M83.1M87.2M75.1M98.9M
Other Non Cash Items24.9M138.8M4.5M4.2M(18.4M)(17.5M)
Capital Expenditures29.8M10.1M15.6M25.4M31.6M30.1M
Net Income(58.3M)(132.8M)2.5M6.3M30.2M31.7M
End Period Cash Flow3.3M6.2M6.3M8.0M3.3M3.2M
Change To Netincome23.3M133.7M12.8M12.2M10.9M10.4M
Change Receivables(20.5M)13.7M(28.1M)(14.4M)(13.0M)(12.4M)
Net Borrowings(40.3M)(112.7M)(76.3M)(33.8M)(30.4M)(28.9M)
Dividends Paid1.8M1.9M1.9M1.7M7.4M7.8M
Investments(38.6M)(1.8M)(706K)(8.9M)(17.8M)(18.6M)

Civeo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Civeo Corp's current stock value. Our valuation model uses many indicators to compare Civeo Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Civeo Corp competition to find correlations between indicators driving Civeo Corp's intrinsic value. More Info.
Civeo Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Civeo Corp is roughly  3.89 . At this time, Civeo Corp's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Civeo Corp's earnings, one of the primary drivers of an investment's value.

Civeo Corp's Earnings Breakdown by Geography

Civeo Corp Systematic Risk

Civeo Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Civeo Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Civeo Corp correlated with the market. If Beta is less than 0 Civeo Corp generally moves in the opposite direction as compared to the market. If Civeo Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Civeo Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Civeo Corp is generally in the same direction as the market. If Beta > 1 Civeo Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Civeo Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Civeo Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Civeo Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.034

At this time, Civeo Corp's Price Earnings To Growth Ratio is very stable compared to the past year.

Civeo Corp November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Civeo Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Civeo Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Civeo Corp based on widely used predictive technical indicators. In general, we focus on analyzing Civeo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Civeo Corp's daily price indicators and compare them against related drivers.
When determining whether Civeo Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civeo Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civeo Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civeo Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Commercial Services & Supplies 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 Civeo Corp. If investors know Civeo 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 Civeo 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
0.878
Dividend Share
1
Earnings Share
1.38
Revenue Per Share
48.289
Quarterly Revenue Growth
(0.04)
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo 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 Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo 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 Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo 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.