Clarus Net Income From Continuing Ops vs Interest Income Analysis

CLAR Stock  USD 4.62  0.13  2.90%   
Clarus Corp financial indicator trend analysis is way more than just evaluating Clarus Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clarus Corp is a good investment. Please check the relationship between Clarus Corp Net Income From Continuing Ops and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarus 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 nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.

Net Income From Continuing Ops vs Interest Income

Net Income From Continuing Ops vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clarus Corp Net Income From Continuing Ops account and Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Clarus Corp's Net Income From Continuing Ops and Interest Income is 0.09. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income in the same time period over historical financial statements of Clarus Corp, assuming nothing else is changed. The correlation between historical values of Clarus Corp's Net Income From Continuing Ops and Interest Income 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 Income From Continuing Ops of Clarus Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., Clarus Corp's Net Income From Continuing Ops and Interest Income go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Clarus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clarus 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 Clarus 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 nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.At this time, Clarus Corp's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Discontinued Operations is likely to grow to about 13.7 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit136.9M163.4M97.5M50.9M
Total Revenue375.8M448.1M286.0M166.8M

Clarus Corp fundamental ratios Correlations

0.940.690.710.850.640.83-0.550.55-0.170.80.92-0.170.880.640.750.630.780.960.870.840.520.840.690.710.21
0.940.740.820.660.550.9-0.520.26-0.210.660.98-0.220.770.440.680.790.640.990.890.860.660.730.620.640.36
0.690.740.620.490.230.66-0.230.08-0.140.560.64-0.190.410.20.450.580.370.710.530.530.480.520.360.38-0.07
0.710.820.620.350.080.71-0.53-0.05-0.10.220.8-0.120.640.270.160.960.420.760.530.880.950.30.490.520.28
0.850.660.490.350.690.59-0.460.84-0.120.90.65-0.110.790.830.740.260.880.710.70.580.150.880.750.75-0.03
0.640.550.230.080.690.58-0.40.64-0.310.780.6-0.320.660.60.860.050.680.620.850.32-0.140.850.640.630.49
0.830.90.660.710.590.58-0.370.23-0.620.70.87-0.630.730.30.620.710.510.870.830.620.530.720.50.530.43
-0.55-0.52-0.23-0.53-0.46-0.4-0.37-0.34-0.11-0.19-0.48-0.09-0.62-0.76-0.2-0.53-0.8-0.48-0.49-0.73-0.53-0.29-0.57-0.59-0.11
0.550.260.08-0.050.840.640.23-0.34-0.050.720.29-0.020.640.810.58-0.140.730.350.440.27-0.220.70.540.53-0.16
-0.17-0.21-0.14-0.1-0.12-0.31-0.62-0.11-0.05-0.36-0.21.0-0.260.12-0.15-0.170.01-0.17-0.260.16-0.02-0.29-0.01-0.01-0.31
0.80.660.560.220.90.780.7-0.190.72-0.360.64-0.360.680.560.880.140.670.720.760.36-0.020.970.580.580.11
0.920.980.640.80.650.60.87-0.480.29-0.20.64-0.210.820.440.70.750.610.980.910.850.620.730.680.70.51
-0.17-0.22-0.19-0.12-0.11-0.32-0.63-0.09-0.021.0-0.36-0.21-0.250.13-0.16-0.180.01-0.18-0.270.15-0.03-0.3-0.02-0.02-0.33
0.880.770.410.640.790.660.73-0.620.64-0.260.680.82-0.250.70.580.530.770.80.770.760.460.740.760.780.37
0.640.440.20.270.830.60.3-0.760.810.120.560.440.130.70.460.220.960.480.530.590.170.610.790.79-0.06
0.750.680.450.160.740.860.62-0.20.58-0.150.880.7-0.160.580.460.120.580.760.870.4-0.080.920.510.510.31
0.630.790.580.960.260.050.71-0.53-0.14-0.170.140.75-0.180.530.220.120.370.710.520.830.940.210.420.450.28
0.780.640.370.420.880.680.51-0.80.730.010.670.610.010.770.960.580.370.660.690.690.290.720.810.820.05
0.960.990.710.760.710.620.87-0.480.35-0.170.720.98-0.180.80.480.760.710.660.920.840.570.80.660.680.39
0.870.890.530.530.70.850.83-0.490.44-0.260.760.91-0.270.770.530.870.520.690.920.690.320.850.680.690.53
0.840.860.530.880.580.320.62-0.730.270.160.360.850.150.760.590.40.830.690.840.690.80.460.660.690.23
0.520.660.480.950.15-0.140.53-0.53-0.22-0.02-0.020.62-0.030.460.17-0.080.940.290.570.320.80.060.340.380.18
0.840.730.520.30.880.850.72-0.290.7-0.290.970.73-0.30.740.610.920.210.720.80.850.460.060.680.670.26
0.690.620.360.490.750.640.5-0.570.54-0.010.580.68-0.020.760.790.510.420.810.660.680.660.340.681.00.39
0.710.640.380.520.750.630.53-0.590.53-0.010.580.7-0.020.780.790.510.450.820.680.690.690.380.671.00.4
0.210.36-0.070.28-0.030.490.43-0.11-0.16-0.310.110.51-0.330.37-0.060.310.280.050.390.530.230.180.260.390.4
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Clarus Corp Account Relationship Matchups

Clarus Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets230.3M280.7M631.8M518.1M495.3M520.1M
Short Long Term Debt Total23.4M34.6M141.5M139.0M136.0M142.8M
Other Current Liab(562K)12.2M24.6M24.7M27.1M28.5M
Total Current Liabilities24.6M39.6M73.0M64.6M170.9M179.5M
Total Stockholder Equity181.2M204.6M370.2M292.1M292.1M178.1M
Property Plant And Equipment Net22.9M27.0M42.8M43.0M16.6M14.0M
Net Debt21.0M16.8M122.1M127.0M124.7M130.9M
Retained Earnings(288.6M)(286.1M)(263.3M)(336.8M)(350.7M)(368.3M)
Accounts Payable24.3M21.5M31.5M24.8M20.0M15.8M
Cash1.7M17.8M19.5M12.1M11.3M10.8M
Non Current Assets Total109.4M138.6M404.9M279.5M195.6M104.2M
Non Currrent Assets Other3.0M6.8M19.6M17.5M16.8M17.7M
Cash And Short Term Investments1.7M17.8M19.5M12.1M11.3M10.8M
Net Receivables42.0M50.6M66.3M48.1M54.9M57.6M
Common Stock Shares Outstanding31.1M31.2M35.7M37.2M37.5M26.0M
Liabilities And Stockholders Equity230.3M280.7M631.8M518.1M495.3M520.1M
Non Current Liabilities Total24.5M36.5M188.7M161.4M32.3M33.8M
Other Current Assets3.8M5.4M11.8M70.9M142.1M149.3M
Other Stockholder Equity470.1M490.2M638.6M646.6M658.3M457.9M
Total Liab49.1M76.1M261.7M226.0M203.2M213.4M
Property Plant And Equipment Gross22.9M27.0M72.6M79.5M43.0M45.1M
Total Current Assets120.9M142.1M226.9M238.6M299.7M314.7M
Accumulated Other Comprehensive Income(303K)500K(5.1M)(17.7M)(15.4M)(14.6M)
Short Term Debt681K5.0M12.4M14.7M123.0M129.1M
Intangible Assets57.4M66.9M202.0M138.2M100.0M59.0M
Inventory73.4M68.4M129.4M147.1M91.4M54.7M
Other Liab1.3M5.9M56.7M21.5M24.8M26.0M
Net Tangible Assets105.7M110.9M50.1M91.0M104.6M85.7M
Other Assets9.7M65.5M42.0M20.2M23.2M24.4M
Long Term Debt22.7M30.6M131.9M127.1M146.1M153.5M
Retained Earnings Total Equity(304.6M)(288.6M)(286.1M)(263.3M)(237.0M)(248.9M)
Deferred Long Term Liab2.9M1.2M1.2M35.3M40.6M42.6M
Treasury Stock(18.1M)(22.3M)(23.8M)(24.4M)(22.0M)(20.9M)
Property Plant Equipment22.9M27.0M42.8M58.2M66.9M70.3M

Additional Tools for Clarus Stock Analysis

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