Civeo Corp Stock Working Capital

CVEO Stock

USD 24.45 0.51 2.13%

Civeo Corp fundamentals help investors to digest information that contributes to Civeo Corp's financial success or failures. It also enables traders to predict the movement of Civeo Stock. The fundamental analysis module provides a way to measure Civeo Corp'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 Civeo Corp stock.

	Last Reported	Projected for Next Year
Net Working Capital	61 M	32.7 M
Change In Working Capital	-1.6 M	-1.5 M

As of the 25th of November 2024, Net Working Capital is likely to drop to about 32.7 M. In addition to that, Change In Working Capital is likely to grow to about (1.5 M).

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Civeo Corp Company Working Capital Analysis

Civeo Corp'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

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Civeo Corp Working Capital

61.01 M

Most of Civeo Corp's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Civeo Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Civeo Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Civeo Corp is extremely important. It helps to project a fair market value of Civeo Stock properly, considering its historical fundamentals such as Working Capital. Since Civeo Corp'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 Civeo Corp'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 Civeo Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Accounts Payable	Long Term Debt	Good Will	Total Liab	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Receivables	Total Current Assets	Short Term Debt	Net Tangible Assets	Total Permanent Equity	Retained Earnings	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Treasury Stock	Common Stock	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.32	0.76	0.9	0.85	0.69	0.95	0.83	-0.14	0.75	0.92	0.24	0.92	-0.96	0.89	0.97	-0.75	0.96	-0.58	0.1	0.78	0.6	0.53	0.43
Total Stockholder Equity	0.97		0.41	0.61	0.94	0.71	0.71	0.9	0.81	-0.32	0.77	0.89	0.25	0.88	-0.93	0.83	0.92	-0.69	0.93	-0.54	0.12	0.72	0.52	0.52	0.37
Accounts Payable	0.32	0.41		-0.13	0.45	0.06	0.65	0.1	0.45	-0.79	0.8	0.55	0.13	0.12	-0.46	-0.02	0.19	0.24	0.41	0.2	0.38	-0.25	-0.46	0.06	-0.35
Long Term Debt	0.76	0.61	-0.13		0.52	0.96	0.38	0.86	0.59	0.49	0.41	0.67	0.23	0.79	-0.71	0.86	0.87	-0.78	0.75	-0.56	-0.06	0.83	0.77	0.45	0.63
Good Will	0.9	0.94	0.45	0.52		0.61	0.84	0.81	0.69	-0.35	0.72	0.78	0.39	0.73	-0.82	0.73	0.84	-0.57	0.85	-0.37	0.17	0.64	0.55	0.39	0.38
Total Liab	0.85	0.71	0.06	0.96	0.61		0.51	0.87	0.7	0.3	0.55	0.79	0.18	0.84	-0.83	0.84	0.9	-0.74	0.85	-0.53	0.01	0.77	0.66	0.44	0.5
Intangible Assets	0.69	0.71	0.65	0.38	0.84	0.51		0.57	0.59	-0.46	0.67	0.66	0.36	0.51	-0.67	0.47	0.61	-0.34	0.68	-0.18	0.22	0.37	0.25	0.21	0.21
Property Plant Equipment	0.95	0.9	0.1	0.86	0.81	0.87	0.57		0.77	0.08	0.61	0.82	0.26	0.96	-0.86	0.98	0.99	-0.88	0.89	-0.71	-0.07	0.91	0.74	0.6	0.6
Current Deferred Revenue	0.83	0.81	0.45	0.59	0.69	0.7	0.59	0.77		-0.2	0.77	0.85	0.28	0.75	-0.85	0.68	0.79	-0.6	0.8	-0.44	0.14	0.52	0.3	0.39	0.48
Net Debt	-0.14	-0.32	-0.79	0.49	-0.35	0.3	-0.46	0.08	-0.2		-0.47	-0.26	0.11	-0.02	0.22	0.15	0.05	-0.25	-0.15	-0.07	-0.31	0.28	0.5	-0.11	0.49
Net Receivables	0.75	0.77	0.8	0.41	0.72	0.55	0.67	0.61	0.77	-0.47		0.92	0.2	0.6	-0.85	0.5	0.69	-0.24	0.84	-0.19	0.34	0.28	0.02	0.39	0.02
Total Current Assets	0.92	0.89	0.55	0.67	0.78	0.79	0.66	0.82	0.85	-0.26	0.92		0.17	0.83	-0.98	0.74	0.88	-0.55	0.96	-0.45	0.27	0.57	0.32	0.51	0.23
Short Term Debt	0.24	0.25	0.13	0.23	0.39	0.18	0.36	0.26	0.28	0.11	0.2	0.17		0.02	-0.23	0.11	0.29	-0.2	0.24	0.25	0.18	0.09	0.3	-0.53	0.61
Net Tangible Assets	0.92	0.88	0.12	0.79	0.73	0.84	0.51	0.96	0.75	-0.02	0.6	0.83	0.02		-0.86	0.97	0.93	-0.88	0.85	-0.83	-0.09	0.88	0.62	0.73	0.43
Total Permanent Equity	-0.96	-0.93	-0.46	-0.71	-0.82	-0.83	-0.67	-0.86	-0.85	0.22	-0.85	-0.98	-0.23	-0.86		-0.78	-0.92	0.65	-0.98	0.5	-0.3	-0.65	-0.42	-0.47	-0.31
Retained Earnings	0.89	0.83	-0.02	0.86	0.73	0.84	0.47	0.98	0.68	0.15	0.5	0.74	0.11	0.97	-0.78		0.94	-0.91	0.82	-0.81	-0.16	0.95	0.76	0.72	0.56
Long Term Debt Total	0.97	0.92	0.19	0.87	0.84	0.9	0.61	0.99	0.79	0.05	0.69	0.88	0.29	0.93	-0.92	0.94		-0.81	0.95	-0.61	0.05	0.86	0.7	0.55	0.55
Capital Surpluse	-0.75	-0.69	0.24	-0.78	-0.57	-0.74	-0.34	-0.88	-0.6	-0.25	-0.24	-0.55	-0.2	-0.88	0.65	-0.91	-0.81		-0.63	0.86	0.21	-0.9	-0.77	-0.52	-0.66
Deferred Long Term Liab	0.96	0.93	0.41	0.75	0.85	0.85	0.68	0.89	0.8	-0.15	0.84	0.96	0.24	0.85	-0.98	0.82	0.95	-0.63		-0.47	0.26	0.7	0.5	0.49	0.33
Short Long Term Debt	-0.58	-0.54	0.2	-0.56	-0.37	-0.53	-0.18	-0.71	-0.44	-0.07	-0.19	-0.45	0.25	-0.83	0.5	-0.81	-0.61	0.86	-0.47		0.25	-0.79	-0.52	-0.8	-0.32
Treasury Stock	0.1	0.12	0.38	-0.06	0.17	0.01	0.22	-0.07	0.14	-0.31	0.34	0.27	0.18	-0.09	-0.3	-0.16	0.05	0.21	0.26	0.25		-0.16	-0.14	-0.18	-0.1
Common Stock	0.78	0.72	-0.25	0.83	0.64	0.77	0.37	0.91	0.52	0.28	0.28	0.57	0.09	0.88	-0.65	0.95	0.86	-0.9	0.7	-0.79	-0.16		0.88	0.66	0.64
Net Invested Capital	0.6	0.52	-0.46	0.77	0.55	0.66	0.25	0.74	0.3	0.5	0.02	0.32	0.3	0.62	-0.42	0.76	0.7	-0.77	0.5	-0.52	-0.14	0.88		0.33	0.75
Net Working Capital	0.53	0.52	0.06	0.45	0.39	0.44	0.21	0.6	0.39	-0.11	0.39	0.51	-0.53	0.73	-0.47	0.72	0.55	-0.52	0.49	-0.8	-0.18	0.66	0.33		0.02
Capital Stock	0.43	0.37	-0.35	0.63	0.38	0.5	0.21	0.6	0.48	0.49	0.02	0.23	0.61	0.43	-0.31	0.56	0.55	-0.66	0.33	-0.32	-0.1	0.64	0.75	0.02

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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 Civeo Corp

Working Capital Over Time

Civeo Capital Surpluse

Capital Surpluse

1.62 Billion

At this time, Civeo Corp's Capital Surpluse is very stable compared to the past year.

In accordance with the company's disclosures, Civeo Corp has a Working Capital of 61.01 M. This is 81.07% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The working capital for all United States stocks is 95.87% higher than that of the company.

Civeo Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Civeo Corp'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 Civeo Corp could also be used in its relative valuation, which is a method of valuing Civeo Corp by comparing valuation metrics of similar companies.

Civeo Corp is currently under evaluation in working capital category among its peers.

Civeo Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Civeo Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Civeo Corp's managers, analysts, and investors.

Environmental

Governance

Social

Civeo Fundamentals

	Return On Equity	0.068
	Return On Asset	0.0175
	Profit Margin	0.03 %
	Operating Margin	0 %
	Current Valuation	376.83 M
	Shares Outstanding	13.77 M
	Shares Owned By Insiders	9.80 %
	Shares Owned By Institutions	80.91 %
	Number Of Shares Shorted	89.9 K
	Price To Book	1.19 X
	Price To Sales	0.48 X
	Revenue	700.8 M
	Gross Profit	179.99 M
	EBITDA	97.43 M
	Net Income	30.16 M
	Cash And Equivalents	4.78 M
	Cash Per Share	0.34 X
	Total Debt	79.19 M
	Debt To Equity	0.48 %
	Current Ratio	1.42 X
	Book Value Per Share	20.36 X
	Cash Flow From Operations	96.56 M
	Short Ratio	2.21 X
	Earnings Per Share	1.40 X
	Price To Earnings To Growth	5.00 X
	Target Price	32.5
	Number Of Employees	2.6 K
	Beta	2.06
	Market Capitalization	336.74 M
	Total Asset	548.06 M
	Retained Earnings	(919.02 M)
	Working Capital	61.01 M
	Current Asset	89.96 M
	Current Liabilities	66.25 M
	Annual Yield	0.04 %
	Net Asset	548.06 M
	Last Dividend Paid	1.0

About Civeo Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Civeo Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Civeo Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Civeo Corp 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 Civeo Corp

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 Civeo Corp 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 Civeo Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Civeo Stock

0.62

First Advantage Corp

Pair Corr

Moving against Civeo Stock

0.79	PYCR	Paycor HCM	Pair Corr
0.74	SPIR	Spire Global Symbol Change	Pair Corr
0.69	DRVN	Driven Brands Holdings	Pair Corr
0.66	CSGS	CSG Systems International	Pair Corr
0.66	GM	General Motors Aggressive Push	Pair Corr

The ability to find closely correlated positions to Civeo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Civeo Corp 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 Civeo Corp - 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 Civeo Corp to buy it.

The correlation of Civeo Corp 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 Civeo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Civeo Corp 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 Civeo Corp 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

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:

How To Invest In Civeo

Details

Is Civeo Stock a good investment?

Details

What is Civeo Corp's Net Worth?

Details

Largest Commercial Services & Supplies Companies

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Largest Commercial & Professional Services Companies

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Check out Civeo Corp Piotroski F Score and Civeo Corp Altman Z Score analysis.

To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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

Earnings Share

1.4

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Civeo Corp Stock Working Capital

Civeo Corp Company Working Capital Analysis

Working Capital

Current Assets

-

Current Liabilities

Current Civeo Corp Working Capital

Civeo Working Capital Driver Correlations

Civeo Capital Surpluse

Capital Surpluse

1.62 Billion

Civeo Working Capital Peer Comparison

Civeo Corp ESG Sustainability

Civeo Fundamentals

About Civeo Corp Fundamental Analysis

Pair Trading with Civeo Corp

Moving together with Civeo Stock

Moving against Civeo Stock

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