CLARIVATE Selling General Administrative vs Income Before Tax Analysis

CLVT Stock  USD 5.25  0.11  2.14%   
CLARIVATE PLC financial indicator trend analysis is way more than just evaluating CLARIVATE PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CLARIVATE PLC is a good investment. Please check the relationship between CLARIVATE PLC Selling General Administrative and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CLARIVATE PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC guide.

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CLARIVATE PLC Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CLARIVATE PLC's Selling General Administrative and Income Before Tax is -0.65. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of CLARIVATE PLC, assuming nothing else is changed. The correlation between historical values of CLARIVATE PLC's Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of CLARIVATE PLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., CLARIVATE PLC's Selling General Administrative and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Selling General Administrative

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CLARIVATE PLC income statement and is an important metric when analyzing CLARIVATE PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from CLARIVATE PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CLARIVATE PLC 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 CLARIVATE PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC guide.Sales General And Administrative To Revenue is likely to gain to 0.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 455.4 M in 2024.
 2019 2021 2023 2024 (projected)
Gross Profit854.9M1.7B1.7B934.0M
Total Revenue1.3B2.7B2.6B1.5B

CLARIVATE PLC fundamental ratios Correlations

0.850.990.980.83-0.01-0.720.490.930.650.870.980.9-0.380.90.270.970.750.160.990.750.980.97-0.610.710.89
0.850.830.830.86-0.27-0.650.390.80.580.670.840.74-0.190.86-0.120.840.710.250.840.730.840.84-0.410.640.81
0.990.830.950.840.02-0.760.430.930.660.910.990.86-0.460.870.290.990.760.230.980.810.980.96-0.70.760.9
0.980.830.950.75-0.07-0.60.570.880.60.770.920.95-0.310.910.230.90.690.090.950.680.920.94-0.520.570.82
0.830.860.840.750.15-0.910.390.90.490.850.890.58-0.50.810.080.880.950.070.870.610.890.88-0.450.870.94
-0.01-0.270.02-0.070.15-0.47-0.290.2-0.230.220.09-0.25-0.47-0.190.590.070.28-0.640.1-0.250.10.120.050.40.29
-0.72-0.65-0.76-0.6-0.91-0.47-0.09-0.85-0.37-0.85-0.83-0.390.66-0.61-0.29-0.82-0.870.05-0.79-0.57-0.83-0.80.5-0.95-0.93
0.490.390.430.570.39-0.29-0.090.350.330.370.380.63-0.10.6-0.040.360.530.150.440.140.380.42-0.090.020.25
0.930.80.930.880.90.2-0.850.350.550.880.970.7-0.40.850.270.940.84-0.070.980.60.970.99-0.460.860.98
0.650.580.660.60.49-0.23-0.370.330.550.690.640.580.160.380.490.690.410.460.590.50.660.58-0.570.510.54
0.870.670.910.770.850.22-0.850.370.880.690.930.63-0.520.70.450.940.830.240.890.690.930.87-0.70.890.89
0.980.840.990.920.890.09-0.830.380.970.640.930.79-0.460.870.280.990.810.150.990.771.00.98-0.640.840.95
0.90.740.860.950.58-0.25-0.390.630.70.580.630.79-0.250.830.180.780.520.240.820.690.780.79-0.550.340.62
-0.38-0.19-0.46-0.31-0.5-0.470.66-0.1-0.40.16-0.52-0.46-0.25-0.4-0.08-0.45-0.53-0.05-0.42-0.5-0.42-0.370.56-0.49-0.45
0.90.860.870.910.81-0.19-0.610.60.850.380.70.870.83-0.4-0.140.830.740.120.90.680.860.88-0.410.560.78
0.27-0.120.290.230.080.59-0.29-0.040.270.490.450.280.18-0.08-0.140.310.16-0.150.270.020.30.27-0.340.350.3
0.970.840.990.90.880.07-0.820.360.940.690.940.990.78-0.450.830.310.790.230.970.80.990.96-0.690.840.93
0.750.710.760.690.950.28-0.870.530.840.410.830.810.52-0.530.740.160.79-0.050.810.430.810.82-0.330.80.88
0.160.250.230.090.07-0.640.050.15-0.070.460.240.150.24-0.050.12-0.150.23-0.050.050.620.13-0.02-0.650.03-0.07
0.990.840.980.950.870.1-0.790.440.980.590.890.990.82-0.420.90.270.970.810.050.70.990.99-0.560.790.94
0.750.730.810.680.61-0.25-0.570.140.60.50.690.770.69-0.50.680.020.80.430.620.70.740.64-0.870.560.6
0.980.840.980.920.890.1-0.830.380.970.660.931.00.78-0.420.860.30.990.810.130.990.740.98-0.620.840.96
0.970.840.960.940.880.12-0.80.420.990.580.870.980.79-0.370.880.270.960.82-0.020.990.640.98-0.480.80.96
-0.61-0.41-0.7-0.52-0.450.050.5-0.09-0.46-0.57-0.7-0.64-0.550.56-0.41-0.34-0.69-0.33-0.65-0.56-0.87-0.62-0.48-0.52-0.47
0.710.640.760.570.870.4-0.950.020.860.510.890.840.34-0.490.560.350.840.80.030.790.560.840.8-0.520.92
0.890.810.90.820.940.29-0.930.250.980.540.890.950.62-0.450.780.30.930.88-0.070.940.60.960.96-0.470.92
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CLARIVATE PLC Account Relationship Matchups

CLARIVATE PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B3.7B15.2B13.9B12.7B8.9B
Other Current Liab716.4M742.8M1.3B484.2M424M557.5M
Total Current Liabilities661.1M643.7M1.6B1.6B1.6B1.0B
Total Stockholder Equity1.3B1.1B9.6B6.8B6.0B4.7B
Other Liab196.2M471.4M804.9M494.7M568.9M597.4M
Net Tangible Assets(1.9B)(4.0B)(4.4B)5.4B4.9B5.1B
Retained Earnings(390.1M)(632.3M)(958.9M)(5.7B)(6.6B)(6.3B)
Accounts Payable82.0M798.4M129.2M101.4M144.1M175.7M
Cash53.2M25.6M257.7M348.8M370.7M198.8M
Other Assets38.1M77.7M78.6M122.1M1.00.95
Long Term Debt1.9B1.6B3.5B5.0B4.7B2.5B
Good Will1.3B1.3B6.3B2.9B2.0B2.5B
Inventory52.8M31.0M70.0M97.4M(88.5M)(84.1M)
Other Current Assets248.8M318.8M299.9M76.9M271.7M143.1M
Other Stockholder Equity1.7B503.5M(5.1B)13.1B1.4B1.6B
Total Liab2.7B2.7B5.6B7.1B6.7B4.2B
Deferred Long Term Liab11.6M362.3M367.0M316.1M363.5M381.7M
Short Long Term Debt9M28.6M30.6M1M1.2M1.1M
Total Current Assets443.9M408.6M1.3B1.4B1.5B951.9M
Short Term Debt64.1M35.5M62.8M26.7M48.8M39.3M
Intangible Assets2.2B2.0B7.4B9.4B9.0B5.1B
Property Plant Equipment103.5M168.6M169.9M113.4M102.1M139.3M
Short Long Term Debt Total2.0B3.6B3.5B5.1B4.8B4.1B
Net Debt2.0B3.4B3.2B4.8B4.4B3.8B
Non Current Assets Total3.3B13.9B13.7B12.5B11.2B11.1B
Non Currrent Assets Other47.9M216.6M95.9M50.7M43.1M85.0M
Common Stock Total Equity2.2B10.0B10.0B11.7B13.5B14.2B
Long Term Debt Total1.9B1.6B3.5B5.0B5.8B3.2B
Non Current Liabilities Total2.0B4.0B137.7M5.6B5.1B3.9B
Net Invested Capital3.0B13.1B16.0B10.4B9.3B9.1B
Property Plant And Equipment Gross103.5M36.3M169.9M113.4M180.4M101.7M
Non Current Liabilities Other18.9M213.4M49.4M251.5M41.9M39.8M

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Additional Tools for CLARIVATE Stock Analysis

When running CLARIVATE PLC's price analysis, check to measure CLARIVATE PLC'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 CLARIVATE PLC is operating at the current time. Most of CLARIVATE PLC's value examination focuses on studying past and present price action to predict the probability of CLARIVATE PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLARIVATE PLC's price. Additionally, you may evaluate how the addition of CLARIVATE PLC to your portfolios can decrease your overall portfolio volatility.