CorVel Historical Balance Sheet

CRVL Stock  USD 366.02  4.42  1.19%   
Trend analysis of CorVel Corp balance sheet accounts such as Short Long Term Debt Total of 30.1 M, Other Current Liabilities of 167 M or Total Current Liabilities of 193.7 M provides information on CorVel Corp's total assets, liabilities, and equity, which is the actual value of CorVel Corp to its prevalent stockholders. By breaking down trends over time using CorVel Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining CorVel Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CorVel Corp is a good buy for the upcoming year.

CorVel Corp Inventory

(78.07 Billion)

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel 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 real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

About CorVel Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CorVel Corp at a specified time, usually calculated after every quarter, six months, or one year. CorVel Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CorVel Corp 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 CorVel currently owns. An asset can also be divided into two categories, current and non-current.

CorVel Corp Balance Sheet Chart

At this time, CorVel Corp's Retained Earnings are quite stable compared to the past year. Cash is expected to rise to about 110.8 M this year, although the value of Net Debt is projected to rise to (70.5 M).

Total Assets

Total assets refers to the total amount of CorVel Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CorVel Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on CorVel Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CorVel Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
Most accounts from CorVel Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CorVel Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 CorVel 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 real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.At this time, CorVel Corp's Retained Earnings are quite stable compared to the past year. Cash is expected to rise to about 110.8 M this year, although the value of Net Debt is projected to rise to (70.5 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total43.1M23.9M31.4M30.1M
Total Assets415.2M393.9M454.7M477.4M

CorVel Corp balance sheet Correlations

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0.98-0.30.660.990.980.83-0.750.97-0.090.940.83-0.310.940.660.050.350.1-0.920.950.80.040.6-0.360.20.56
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Click cells to compare fundamentals

CorVel Corp Account Relationship Matchups

CorVel Corp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets416.3M424.8M415.2M393.9M454.7M477.4M
Other Current Liab37.5M57.1M48.0M35.7M159.0M167.0M
Total Current Liabilities133.7M162.5M171.4M167.9M184.5M193.7M
Total Stockholder Equity189.7M220.4M212.4M202.2M247.6M260.0M
Property Plant And Equipment Net166.6M115.9M111.3M110.5M110.0M115.4M
Net Debt1.9M(97.8M)(54.4M)(47.5M)(74.2M)(70.5M)
Retained Earnings552.5M598.9M665.3M731.7M807.9M848.3M
Accounts Payable16.4M12.4M14.1M15.1M16.4M11.9M
Cash83.2M139.7M97.5M71.3M105.6M110.8M
Non Current Assets Total207.3M155.8M150.3M150.2M152.4M160.1M
Non Currrent Assets Other1.3M345K(21.6M)1.4M1.3M1.4M
Cash And Short Term Investments83.2M139.7M97.5M71.3M105.6M110.8M
Net Receivables76.8M64.7M82.6M81.0M97.1M50.8M
Common Stock Shares Outstanding18.6M18.2M18.1M17.6M17.3M24.8M
Liabilities And Stockholders Equity416.3M424.8M415.2M393.9M474.4M498.1M
Non Current Liabilities Total92.9M41.9M31.5M23.9M22.5M12.9M
Other Current Assets60.0B64.5M12.8M9.6M99.6M94.6M
Other Stockholder Equity(365.8M)(378.5M)(452.9M)(529.5M)(560.3M)(532.3M)
Total Liab226.5M204.4M202.9M191.7M226.8M238.1M
Property Plant And Equipment Gross166.6M115.9M111.3M110.5M332.9M349.6M
Total Current Assets209.0M268.9M265.0M243.8M302.2M317.3M
Short Term Debt13.2M12.8M13.3M9.9M8.9M14.0M
Other Assets1.3M958K481K1.00.90.86
Intangible Assets2.5M2.1M1.7M1.2M821K780.0K
Property Plant Equipment75.9M88.0M76.3M82.8M95.2M50.3M
Current Deferred Revenue66.6M79.0M95.6M107M30.0M53.3M
Inventory(7.2M)(60.0B)2.0(91.3B)(82.2B)(78.1B)
Net Tangible Assets150.4M153.6M173.9M164.1M188.7M130.5M
Retained Earnings Total Equity552.5M598.9M665.3M731.7M841.4M513.9M
Capital Surpluse168.9M185.9M201.6M218.7M251.5M165.0M
Deferred Long Term Liab4.8M6.3M7.8M1.7M1.5M1.4M
Other Liab4.8M6.3M7.8M1.7M1.5M1.4M
Net Invested Capital189.7M220.4M212.4M202.2M247.6M226.0M
Net Working Capital75.3M106.5M93.6M75.9M117.7M99.5M

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When determining whether CorVel Corp is a strong investment it is important to analyze CorVel 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 CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel 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 real.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Providers & Services 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 CorVel Corp. If investors know CorVel 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 CorVel 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
0.174
Earnings Share
4.7
Revenue Per Share
49.398
Quarterly Revenue Growth
0.148
Return On Assets
0.1334
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel 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 CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel 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 CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel 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.