Clarke Net Debt vs Net Receivables Analysis

CKI Stock

CAD 23.60 0.20 0.84%

Clarke financial indicator trend analysis is way more than just evaluating Clarke Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clarke Inc is a good investment. Please check the relationship between Clarke Net Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarke Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clarke Inc Net Debt account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Clarke's Net Debt and Net Receivables is -0.06. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Clarke Inc, assuming nothing else is changed. The correlation between historical values of Clarke's Net Debt and Net Receivables 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 Debt of Clarke Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Clarke's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from Clarke's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clarke Inc 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 Clarke Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Clarke's Tax Provision is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 23.26, while Selling General Administrative is likely to drop about 30.1 M.

	2021	2022	2023	2024 (projected)
Total Revenue	60.0M	60.0M	73.5M	136.9M
Interest Expense	6.0M	6.5M	7.2M	7.4M

Total Revenue Interest Expense

Clarke fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Cash	Cash And Short Term Investments	Short Term Investments	Inventory
Total Assets		0.83	-0.68	-0.13	0.67	0.83	0.73	-0.13	-0.17	0.85	-0.51	-0.22	-0.31	0.62	-0.36	-0.15	0.79	0.83	-0.59	0.48	-0.29	-0.49	-0.16	-0.54	-0.39	0.14
Short Long Term Debt Total	0.83		-0.5	0.31	0.14	0.76	0.97	-0.54	0.24	0.81	-0.25	0.01	-0.14	0.66	-0.18	0.15	0.99	0.75	-0.64	0.7	-0.43	-0.17	-0.51	-0.71	-0.5	0.16
Other Current Liab	-0.68	-0.5		0.19	-0.49	-0.83	-0.46	0.18	0.02	-0.77	0.74	0.42	0.37	-0.65	0.15	0.28	-0.52	-0.86	0.72	-0.1	0.18	0.86	0.29	0.6	0.57	-0.08
Total Current Liabilities	-0.13	0.31	0.19		-0.63	-0.21	0.34	-0.28	0.73	-0.03	0.34	0.61	0.33	-0.01	0.41	0.55	0.34	-0.2	0.17	0.56	-0.39	0.47	-0.28	-0.04	-0.06	0.03
Total Stockholder Equity	0.67	0.14	-0.49	-0.63		0.45	0.01	0.51	-0.68	0.43	-0.58	-0.44	-0.44	0.21	-0.44	-0.51	0.08	0.45	-0.17	-0.06	0.13	-0.59	0.38	0.01	0.07	0.01
Property Plant And Equipment Net	0.83	0.76	-0.83	-0.21	0.45		0.72	-0.41	-0.02	0.94	-0.61	-0.32	-0.33	0.76	-0.34	-0.19	0.76	1.0	-0.92	0.29	-0.25	-0.63	-0.4	-0.85	-0.66	0.09
Net Debt	0.73	0.97	-0.46	0.34	0.01	0.72		-0.66	0.27	0.76	-0.27	-0.06	-0.19	0.63	-0.18	0.08	0.97	0.71	-0.67	0.69	-0.31	-0.13	-0.7	-0.74	-0.47	0.19
Retained Earnings	-0.13	-0.54	0.18	-0.28	0.51	-0.41	-0.66		-0.49	-0.29	-0.14	-0.04	0.02	-0.37	-0.03	-0.28	-0.6	-0.41	0.64	-0.32	0.29	-0.02	0.75	0.74	0.67	-0.15
Accounts Payable	-0.17	0.24	0.02	0.73	-0.68	-0.02	0.27	-0.49		0.07	0.23	0.72	0.56	0.07	0.37	0.68	0.33	-0.01	-0.19	0.32	-0.45	0.25	-0.3	-0.39	-0.47	0.03
Non Current Assets Total	0.85	0.81	-0.77	-0.03	0.43	0.94	0.76	-0.29	0.07		-0.61	-0.17	-0.22	0.82	-0.35	-0.11	0.79	0.93	-0.81	0.34	-0.26	-0.45	-0.39	-0.78	-0.5	0.1
Non Currrent Assets Other	-0.51	-0.25	0.74	0.34	-0.58	-0.61	-0.27	-0.14	0.23	-0.61		0.52	0.54	-0.3	0.46	0.64	-0.22	-0.6	0.49	-0.1	-0.37	0.71	0.28	0.36	0.06	-0.04
Net Receivables	-0.22	0.01	0.42	0.61	-0.44	-0.32	-0.06	-0.04	0.72	-0.17	0.52		0.73	-0.19	0.25	0.73	0.06	-0.33	0.22	0.23	-0.41	0.54	0.28	0.02	-0.14	-0.01
Common Stock Shares Outstanding	-0.31	-0.14	0.37	0.33	-0.44	-0.33	-0.19	0.02	0.56	-0.22	0.54	0.73		-0.06	0.45	0.7	-0.06	-0.32	0.22	-0.11	-0.47	0.46	0.25	0.08	-0.15	-0.14
Non Current Liabilities Total	0.62	0.66	-0.65	-0.01	0.21	0.76	0.63	-0.37	0.07	0.82	-0.3	-0.19	-0.06		-0.06	-0.01	0.66	0.76	-0.69	-0.02	-0.27	-0.23	-0.39	-0.67	-0.47	-0.07
Other Current Assets	-0.36	-0.18	0.15	0.41	-0.44	-0.34	-0.18	-0.03	0.37	-0.35	0.46	0.25	0.45	-0.06		0.41	-0.13	-0.31	0.29	-0.15	-0.41	0.21	0.1	0.21	-0.1	-0.59
Other Stockholder Equity	-0.15	0.15	0.28	0.55	-0.51	-0.19	0.08	-0.28	0.68	-0.11	0.64	0.73	0.7	-0.01	0.41		0.22	-0.18	0.09	0.18	-0.81	0.4	0.17	-0.07	-0.36	0.09
Total Liab	0.79	0.99	-0.52	0.34	0.08	0.76	0.97	-0.6	0.33	0.79	-0.22	0.06	-0.06	0.66	-0.13	0.22		0.75	-0.67	0.69	-0.49	-0.19	-0.53	-0.75	-0.59	0.18
Property Plant And Equipment Gross	0.83	0.75	-0.86	-0.2	0.45	1.0	0.71	-0.41	-0.01	0.93	-0.6	-0.33	-0.32	0.76	-0.31	-0.18	0.75		-0.91	0.28	-0.27	-0.66	-0.39	-0.84	-0.68	0.1
Total Current Assets	-0.59	-0.64	0.72	0.17	-0.17	-0.92	-0.67	0.64	-0.19	-0.81	0.49	0.22	0.22	-0.69	0.29	0.09	-0.67	-0.91		-0.18	0.21	0.51	0.55	0.97	0.78	-0.11
Short Term Debt	0.48	0.7	-0.1	0.56	-0.06	0.29	0.69	-0.32	0.32	0.34	-0.1	0.23	-0.11	-0.02	-0.15	0.18	0.69	0.28	-0.18		-0.3	0.0	-0.33	-0.3	-0.21	0.27
Intangible Assets	-0.29	-0.43	0.18	-0.39	0.13	-0.25	-0.31	0.29	-0.45	-0.26	-0.37	-0.41	-0.47	-0.27	-0.41	-0.81	-0.49	-0.27	0.21	-0.3		0.03	-0.13	0.29	0.61	-0.07
Current Deferred Revenue	-0.49	-0.17	0.86	0.47	-0.59	-0.63	-0.13	-0.02	0.25	-0.45	0.71	0.54	0.46	-0.23	0.21	0.4	-0.19	-0.66	0.51	0.0	0.03		0.05	0.34	0.45	-0.14
Cash	-0.16	-0.51	0.29	-0.28	0.38	-0.4	-0.7	0.75	-0.3	-0.39	0.28	0.28	0.25	-0.39	0.1	0.17	-0.53	-0.39	0.55	-0.33	-0.13	0.05		0.61	0.27	-0.19
Cash And Short Term Investments	-0.54	-0.71	0.6	-0.04	0.01	-0.85	-0.74	0.74	-0.39	-0.78	0.36	0.02	0.08	-0.67	0.21	-0.07	-0.75	-0.84	0.97	-0.3	0.29	0.34	0.61		0.81	-0.1
Short Term Investments	-0.39	-0.5	0.57	-0.06	0.07	-0.66	-0.47	0.67	-0.47	-0.5	0.06	-0.14	-0.15	-0.47	-0.1	-0.36	-0.59	-0.68	0.78	-0.21	0.61	0.45	0.27	0.81		-0.09
Inventory	0.14	0.16	-0.08	0.03	0.01	0.09	0.19	-0.15	0.03	0.1	-0.04	-0.01	-0.14	-0.07	-0.59	0.09	0.18	0.1	-0.11	0.27	-0.07	-0.14	-0.19	-0.1	-0.09

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Clarke Account Relationship Matchups

Clarke fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	401.2M	311.0M	384.6M	416.1M	395.1M	269.6M
Short Long Term Debt Total	134.8M	124.2M	136.5M	159.1M	126.2M	87.5M
Other Current Liab	(7.9M)	(1.1M)	(4.7M)	(10.8M)	(17.0M)	(16.2M)
Total Current Liabilities	7.9M	1.1M	4.7M	10.8M	17.0M	29.3M
Total Stockholder Equity	249.6M	168.6M	208.6M	215.0M	230.7M	148.2M
Property Plant And Equipment Net	212.6M	180.4M	178.8M	221.7M	206.9M	217.3M
Net Debt	132.3M	121.4M	118.1M	158.1M	125.2M	68.7M
Retained Earnings	104.5M	25.1M	40.1M	41.6M	44.2M	66.6M
Accounts Payable	7.9M	1.1M	4.7M	10.8M	11.4M	15.7M
Non Current Assets Total	324.3M	227.2M	182.0M	222.0M	251.6M	264.2M
Non Currrent Assets Other	(324.3M)	(18.7M)	(13.5M)	(222.0M)	(207.1M)	(196.7M)
Net Receivables	11.5M	5.7M	10.4M	7.0M	4.1M	3.9M
Common Stock Shares Outstanding	14.0M	15.9M	18.4M	14.2M	14.0M	19.1M
Liabilities And Stockholders Equity	401.2M	311.0M	384.6M	416.1M	395.1M	269.6M
Non Current Liabilities Total	134.8M	124.2M	136.5M	10.8M	158.4M	166.4M
Other Current Assets	(125.9M)	(55.6M)	(33.3M)	(79.7M)	(5.1M)	(5.3M)
Other Stockholder Equity	(97.2M)	(17.6M)	(32.8M)	(34.3M)	(36.9M)	(35.1M)
Total Liab	151.6M	142.4M	176.0M	201.2M	164.4M	120.4M
Property Plant And Equipment Gross	212.6M	180.4M	195.5M	239.5M	231.6M	243.2M
Total Current Assets	14.0M	8.4M	28.8M	8.0M	(1.0)	(0.95)
Accumulated Other Comprehensive Income	39.7M	46.9M	76.0M	82.9M	96.6M	101.4M
Short Term Debt	40.5M	14.5M	37.8M	103.5M	5.6M	5.3M
Cash	2.5M	2.7M	18.4M	1.1M	929K	882.6K
Cash And Short Term Investments	2.5M	2.7M	18.4M	1.1M	929K	882.6K
Short Term Investments	119.4M	120.2M	111.7M	46.8M	2.8M	0.0
Inventory	128.0M	207K	92K	78K	70.5M	0.95
Good Will	13.2M	18.3M	13.5M	3.7M	130K	123.5K
Common Stock Total Equity	47.3M	39.8M	98.1M	89.1M	102.5M	62.4M
Common Stock	98.1M	89.1M	85.2M	83.2M	82.6M	69.2M
Other Liab	8.3M	12.8M	23.2M	14.6M	16.8M	8.8M
Net Tangible Assets	249.6M	168.6M	208.2M	214.7M	246.8M	207.7M
Other Assets	62.9M	75.4M	173.8M	186.0M	143.6M	88.4M
Long Term Debt	93.3M	108.8M	98.0M	55.1M	63.3M	47.2M
Long Term Investments	120.2M	111.7M	46.8M	2.8M	3.2M	3.0M
Property Plant Equipment	212.6M	180.4M	178.8M	221.7M	255.0M	267.7M
Long Term Debt Total	94.3M	109.7M	98.8M	55.6M	64.0M	50.1M
Cash And Equivalents	2.5M	2.7M	18.4M	1.1M	981K	932.0K

Pair Trading with Clarke

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

Moving against Clarke Stock

0.66	RBA	Ritchie Bros Auctioneers	Pair Corr
0.49	TD-PFI	Toronto Dominion Bank	Pair Corr
0.43	NVDA	NVIDIA CDR	Pair Corr
0.33	BBUC	Brookfield Business Corp	Pair Corr

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

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

Other Information on Investing in Clarke Stock

Balance Sheet is a snapshot of the financial position of Clarke Inc at a specified time, usually calculated after every quarter, six months, or one year. Clarke Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clarke and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clarke currently owns. An asset can also be divided into two categories, current and non-current.

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Clarke Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

Clarke fundamental ratios Correlations

Clarke Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Clarke fundamental ratios Accounts

Pair Trading with Clarke

Moving against Clarke Stock

Other Information on Investing in Clarke Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Short Long Term Debt Total
Net Debt	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Net Debt
Cash And Short Term Investments	+ 0.97	Total Current Assets
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net

Total Current Assets	- 0.92	Property Plant And Equipment Net
Total Current Assets	- 0.91	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.86	Other Current Liab
Cash And Short Term Investments	- 0.85	Property Plant And Equipment Net
Cash And Short Term Investments	- 0.84	Property Plant And Equipment Gross
Property Plant And Equipment Net	- 0.83	Other Current Liab