Conifer Holding Stock Working Capital

CNFR Stock

USD 1.14 0.01 0.87%

Conifer Holding fundamentals help investors to digest information that contributes to Conifer Holding's financial success or failures. It also enables traders to predict the movement of Conifer Stock. The fundamental analysis module provides a way to measure Conifer Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Conifer Holding stock.

		Last Reported	Projected for Next Year
	Change In Working Capital	15.3 M	9.7 M

As of 11/27/2024, Change In Working Capital is likely to drop to about 9.7 M.

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Conifer Holding Company Working Capital Analysis

Conifer Holding's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

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Current Liabilities

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Conifer Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Conifer Holding is extremely important. It helps to project a fair market value of Conifer Stock properly, considering its historical fundamentals such as Working Capital. Since Conifer Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Conifer Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Conifer Holding's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Short Term Debt	Current Deferred Revenue	Long Term Debt Total	Net Invested Capital	Capital Stock
Total Assets		-0.02	0.66	-0.9	0.62	0.82	0.77	0.65	0.97	0.67	0.84	0.95	-0.43	0.86	-0.84	-0.62	0.3	0.93	-0.55	0.71
Total Stockholder Equity	-0.02		0.08	0.38	0.21	0.0	-0.05	0.18	-0.23	0.39	0.35	0.23	0.88	0.08	0.14	-0.16	-0.1	-0.24	0.65	-0.61
Net Debt	0.66	0.08		-0.64	0.75	0.89	0.41	0.81	0.61	0.84	0.6	0.66	-0.24	0.87	-0.62	-0.58	0.24	0.75	-0.09	0.32
Retained Earnings	-0.9	0.38	-0.64		-0.49	-0.75	-0.63	-0.48	-0.93	-0.54	-0.68	-0.81	0.69	-0.79	0.85	0.62	-0.3	-0.92	0.79	-0.89
Accounts Payable	0.62	0.21	0.75	-0.49		0.77	0.44	0.72	0.53	0.74	0.49	0.59	-0.16	0.73	-0.33	-0.26	0.34	0.55	-0.06	0.23
Long Term Debt	0.82	0.0	0.89	-0.75	0.77		0.72	0.85	0.79	0.73	0.63	0.77	-0.42	0.85	-0.71	-0.46	0.14	0.84	-0.24	0.47
Net Receivables	0.77	-0.05	0.41	-0.63	0.44	0.72		0.72	0.76	0.46	0.59	0.7	-0.41	0.63	-0.68	-0.26	0.05	0.71	-0.3	0.44
Short Term Investments	0.65	0.18	0.81	-0.48	0.72	0.85	0.72		0.62	0.76	0.58	0.63	-0.14	0.8	-0.52	-0.28	0.08	0.72	0.12	0.13
Total Liab	0.97	-0.23	0.61	-0.93	0.53	0.79	0.76	0.62		0.54	0.71	0.85	-0.6	0.79	-0.83	-0.53	0.29	0.97	-0.63	0.78
Total Current Assets	0.67	0.39	0.84	-0.54	0.74	0.73	0.46	0.76	0.54		0.81	0.77	0.09	0.92	-0.62	-0.71	0.42	0.63	-0.01	0.22
Intangible Assets	0.84	0.35	0.6	-0.68	0.49	0.63	0.59	0.58	0.71	0.81		0.95	0.03	0.85	-0.73	-0.77	0.22	0.71	-0.29	0.41
Common Stock	0.95	0.23	0.66	-0.81	0.59	0.77	0.7	0.63	0.85	0.77	0.95		-0.18	0.86	-0.82	-0.72	0.21	0.82	-0.42	0.56
Net Tangible Assets	-0.43	0.88	-0.24	0.69	-0.16	-0.42	-0.41	-0.14	-0.6	0.09	0.03	-0.18		-0.25	0.46	0.05	-0.14	-0.58	0.77	-0.8
Long Term Investments	0.86	0.08	0.87	-0.79	0.73	0.85	0.63	0.8	0.79	0.92	0.85	0.86	-0.25		-0.75	-0.68	0.39	0.86	-0.3	0.52
Short Long Term Debt	-0.84	0.14	-0.62	0.85	-0.33	-0.71	-0.68	-0.52	-0.83	-0.62	-0.73	-0.82	0.46	-0.75		0.81	-0.32	-0.84	0.57	-0.71
Short Term Debt	-0.62	-0.16	-0.58	0.62	-0.26	-0.46	-0.26	-0.28	-0.53	-0.71	-0.77	-0.72	0.05	-0.68	0.81		-0.46	-0.58	0.38	-0.46
Current Deferred Revenue	0.3	-0.1	0.24	-0.3	0.34	0.14	0.05	0.08	0.29	0.42	0.22	0.21	-0.14	0.39	-0.32	-0.46		0.3	-0.26	0.34
Long Term Debt Total	0.93	-0.24	0.75	-0.92	0.55	0.84	0.71	0.72	0.97	0.63	0.71	0.82	-0.58	0.86	-0.84	-0.58	0.3		-0.53	0.72
Net Invested Capital	-0.55	0.65	-0.09	0.79	-0.06	-0.24	-0.3	0.12	-0.63	-0.01	-0.29	-0.42	0.77	-0.3	0.57	0.38	-0.26	-0.53		-0.93
Capital Stock	0.71	-0.61	0.32	-0.89	0.23	0.47	0.44	0.13	0.78	0.22	0.41	0.56	-0.8	0.52	-0.71	-0.46	0.34	0.72	-0.93

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Conifer Holding

Working Capital Over Time

In accordance with the company's disclosures, Conifer Holding has a Working Capital of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

Conifer Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Conifer Holding's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Conifer Holding could also be used in its relative valuation, which is a method of valuing Conifer Holding by comparing valuation metrics of similar companies.

Conifer Holding is currently under evaluation in working capital category among its peers.

Conifer Fundamentals

	Return On Equity	-3.28
	Return On Asset	-0.0527
	Profit Margin	(0.27) %
	Operating Margin	(0.12) %
	Current Valuation	(1.86 M)
	Shares Outstanding	12.22 M
	Shares Owned By Insiders	44.57 %
	Shares Owned By Institutions	30.62 %
	Number Of Shares Shorted	35.75 K
	Price To Earning	26.17 X
	Price To Book	0.29 X
	Price To Sales	0.15 X
	Revenue	98.76 M
	Gross Profit	1.27 M
	EBITDA	(21.89 M)
	Net Income	(25.9 M)
	Cash And Equivalents	41.15 M
	Cash Per Share	3.37 X
	Total Debt	25.06 M
	Debt To Equity	1.99 %
	Current Ratio	0.57 X
	Book Value Per Share	(0.26) X
	Cash Flow From Operations	(13.39 M)
	Short Ratio	1.55 X
	Earnings Per Share	(2.29) X
	Price To Earnings To Growth	(0.80) X
	Target Price	0.61
	Number Of Employees	94
	Beta	0.64
	Market Capitalization	14.06 M
	Total Asset	311.8 M
	Retained Earnings	(86.68 M)
	Net Asset	311.8 M

About Conifer Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Conifer Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conifer Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conifer Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Conifer Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Conifer Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Conifer Holding will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Conifer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifer Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Conifer Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Conifer Holding to buy it.

The correlation of Conifer Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Conifer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifer Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Conifer Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Conifer Stock Analysis

When running Conifer Holding's price analysis, check to measure Conifer Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conifer Holding is operating at the current time. Most of Conifer Holding's value examination focuses on studying past and present price action to predict the probability of Conifer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifer Holding's price. Additionally, you may evaluate how the addition of Conifer Holding to your portfolios can decrease your overall portfolio volatility.

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