CoreCard Net Tangible Assets vs Total Permanent Equity Analysis

CCRD Stock  USD 19.71  1.06  5.68%   
CoreCard Corp financial indicator trend analysis is way more than just evaluating CoreCard Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CoreCard Corp is a good investment. Please check the relationship between CoreCard Corp Net Tangible Assets and its Total Permanent Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCard 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 metropolitan statistical area.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.

Net Tangible Assets vs Total Permanent Equity

Net Tangible Assets vs Total Permanent Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoreCard Corp Net Tangible Assets account and Total Permanent Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CoreCard Corp's Net Tangible Assets and Total Permanent Equity is 0.8. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of CoreCard Corp, assuming nothing else is changed. The correlation between historical values of CoreCard Corp's Net Tangible Assets and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of CoreCard Corp are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Net Tangible Assets i.e., CoreCard Corp's Net Tangible Assets and Total Permanent Equity go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Permanent Equity

Most indicators from CoreCard Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CoreCard Corp 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 CoreCard 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 metropolitan statistical area.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.At present, CoreCard Corp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.18, whereas Discontinued Operations is projected to grow to (2.6 K).
 2021 2022 2023 2024 (projected)
Gross Profit25.3M37.1M19.4M11.9M
Total Revenue48.2M69.8M56.0M28.6M

CoreCard Corp fundamental ratios Correlations

0.560.90.760.970.88-0.30.890.580.910.810.620.710.140.790.410.75-0.580.810.740.980.650.480.780.32-0.38
0.560.770.950.370.290.550.15-0.240.320.1-0.240.890.860.350.980.290.270.910.070.630.980.990.810.52-0.88
0.90.770.910.790.760.00.660.320.780.650.350.780.410.730.650.6-0.290.930.560.90.810.70.850.44-0.58
0.760.950.910.60.520.290.410.040.560.380.040.910.720.570.870.410.030.990.290.810.970.910.890.58-0.75
0.970.370.790.60.89-0.470.960.710.910.850.760.57-0.060.760.220.8-0.710.650.80.940.470.280.650.21-0.21
0.880.290.760.520.89-0.350.920.540.990.820.630.5-0.180.840.120.76-0.810.590.940.780.370.180.710.25-0.09
-0.30.550.00.29-0.47-0.35-0.58-0.94-0.39-0.68-0.930.390.68-0.360.67-0.220.660.21-0.39-0.240.460.60.230.31-0.57
0.890.150.660.410.960.92-0.580.750.920.870.820.4-0.30.73-0.010.82-0.870.470.90.830.260.060.540.130.0
0.58-0.240.320.040.710.54-0.940.750.590.840.99-0.1-0.470.56-0.390.4-0.690.120.520.54-0.14-0.310.07-0.180.3
0.910.320.780.560.910.99-0.390.920.590.870.660.53-0.130.890.140.7-0.770.640.890.810.420.210.740.25-0.11
0.810.10.650.380.850.82-0.680.870.840.870.860.28-0.220.82-0.080.5-0.730.470.70.740.220.020.450.070.05
0.62-0.240.350.040.760.63-0.930.820.990.660.86-0.06-0.530.57-0.390.5-0.780.120.630.57-0.14-0.320.1-0.150.31
0.710.890.780.910.570.50.390.4-0.10.530.28-0.060.670.470.840.44-0.010.890.310.750.950.880.850.55-0.72
0.140.860.410.72-0.06-0.180.68-0.3-0.47-0.13-0.22-0.530.670.040.9-0.170.680.66-0.430.250.810.90.50.51-0.75
0.790.350.730.570.760.84-0.360.730.560.890.820.570.470.040.150.4-0.530.670.640.70.410.230.730.22-0.11
0.410.980.650.870.220.120.67-0.01-0.390.14-0.08-0.390.840.90.150.220.410.81-0.070.510.940.990.690.5-0.9
0.750.290.60.410.80.76-0.220.820.40.70.50.50.44-0.170.40.22-0.690.430.820.730.330.220.490.21-0.2
-0.580.27-0.290.03-0.71-0.810.66-0.87-0.69-0.77-0.73-0.78-0.010.68-0.530.41-0.69-0.05-0.91-0.450.170.36-0.230.03-0.39
0.810.910.930.990.650.590.210.470.120.640.470.120.890.660.670.810.43-0.050.350.830.940.860.920.56-0.69
0.740.070.560.290.80.94-0.390.90.520.890.70.630.31-0.430.64-0.070.82-0.910.350.620.15-0.040.510.170.1
0.980.630.90.810.940.78-0.240.830.540.810.740.570.750.250.70.510.73-0.450.830.620.710.570.750.33-0.48
0.650.980.810.970.470.370.460.26-0.140.420.22-0.140.950.810.410.940.330.170.940.150.710.970.840.56-0.83
0.480.990.70.910.280.180.60.06-0.310.210.02-0.320.880.90.230.990.220.360.86-0.040.570.970.740.51-0.89
0.780.810.850.890.650.710.230.540.070.740.450.10.850.50.730.690.49-0.230.920.510.750.840.740.52-0.58
0.320.520.440.580.210.250.310.13-0.180.250.07-0.150.550.510.220.50.210.030.560.170.330.560.510.52-0.08
-0.38-0.88-0.58-0.75-0.21-0.09-0.570.00.3-0.110.050.31-0.72-0.75-0.11-0.9-0.2-0.39-0.690.1-0.48-0.83-0.89-0.58-0.08
Click cells to compare fundamentals

CoreCard Corp Account Relationship Matchups

CoreCard Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.2M57.0M58.1M63.2M63.8M67.0M
Other Current Liab1.3M7.1M4.8M4.4M5.7M6.0M
Total Current Liabilities6.2M10.1M10.9M7.5M9.5M6.8M
Total Stockholder Equity37.3M44.2M43.9M52.8M52.7M55.3M
Property Plant And Equipment Net2.2M6.9M10.4M12.0M11.3M11.9M
Net Debt(26.0M)(36.0M)(26.5M)(18.4M)(25.8M)(24.5M)
Retained Earnings21.8M30.0M39.0M52.9M56.3M59.1M
Cash26.4M38.0M29.2M20.4M26.9M28.3M
Non Current Assets Total8.2M14.5M21.3M20.9M19.3M20.3M
Non Currrent Assets Other2.9M5.7M4.6M3.7M3.9M4.4M
Cash And Short Term Investments26.4M38.0M29.2M25.4M32.1M33.8M
Net Receivables8.8M3.3M5.9M13.2M7.5M5.8M
Common Stock Shares Outstanding9.0M9.0M8.8M8.6M8.5M8.0M
Liabilities And Stockholders Equity44.2M57.0M58.1M63.2M63.8M67.0M
Non Current Liabilities Total758K2.8M3.4M2.9M1.6M1.4M
Other Current Assets905K1.3M1.7M3.7M4.8M5.0M
Other Stockholder Equity15.5M14.2M4.9M(191K)(3.7M)(3.6M)
Total Liab7.0M12.9M14.3M10.5M11.1M7.7M
Property Plant And Equipment Gross2.2M6.9M19.3M26.3M31.8M33.4M
Total Current Assets36.1M42.5M36.8M42.3M44.5M46.7M
Accumulated Other Comprehensive Income(94K)(140K)(194K)(61K)32K33.6K
Short Term Debt1.5M3.8M3.2M3.6M3.2M2.5M
Accounts Payable403K714K2.8M2.0M1.6M1.2M
Other Assets2.0M7.6M4.6M185K212.8K202.1K
Property Plant Equipment2.2M6.9M10.4M12.0M13.8M14.5M
Other Liab298K818K713K945K850.5K668.0K
Current Deferred Revenue689K1.3M2.3M1.1M2.3M1.4M
Retained Earnings Total Equity21.8M30.0M39.0M52.9M60.9M63.9M
Deferred Long Term Liab298K818K713K945K1.1M1.1M

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When determining whether CoreCard Corp is a strong investment it is important to analyze CoreCard 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 CoreCard Corp's future performance. For an informed investment choice regarding CoreCard Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCard 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 metropolitan statistical area.
For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Application Software 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 CoreCard Corp. If investors know CoreCard 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 CoreCard 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
(0.50)
Earnings Share
0.49
Revenue Per Share
6.705
Quarterly Revenue Growth
0.172
Return On Assets
0.0469
The market value of CoreCard Corp is measured differently than its book value, which is the value of CoreCard that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCard Corp's value that differs from its market value or its book value, called intrinsic value, which is CoreCard 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 CoreCard Corp's market value can be influenced by many factors that don't directly affect CoreCard 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 CoreCard Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCard Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCard 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.