CoStar Net Invested Capital vs Long Term Debt Analysis

CSGP Stock

USD 79.81 2.81 3.65%

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

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoStar Group Net Invested Capital account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between CoStar's Net Invested Capital and Long Term Debt is 0.32. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of CoStar Group, assuming nothing else is changed. The correlation between historical values of CoStar's Net Invested Capital and Long Term Debt 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 Invested Capital of CoStar Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Invested Capital i.e., CoStar's Net Invested Capital and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt

Long-term debt is a debt that CoStar Group has held for over one year. Long-term debt appears on CoStar Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on CoStar Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

At this time, CoStar's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value is likely to grow to about 10.5 B, while Tax Provision is likely to drop slightly above 75.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.6B	1.8B	2.0B	2.1B
Total Revenue	1.9B	2.2B	2.5B	2.6B

Gross Profit Total Revenue

CoStar 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Other Current Assets	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Intangible Assets	Common Stock
Total Assets		0.86	0.96	0.99	1.0	0.96	-0.97	0.39	0.98	0.95	0.94	0.98	0.97	0.62	1.0	0.95	0.93	0.99	0.96	0.98	0.81	0.93	0.88	0.93	0.63	0.88
Short Long Term Debt Total	0.86		0.81	0.84	0.83	0.77	-0.83	0.39	0.86	0.8	0.71	0.86	0.75	0.63	0.85	0.94	0.71	0.86	0.85	0.78	0.55	0.79	0.73	0.95	0.67	0.75
Other Current Liab	0.96	0.81		0.98	0.96	0.97	-0.95	0.39	0.97	0.89	0.9	0.97	0.95	0.5	0.95	0.94	0.96	0.97	0.96	0.96	0.9	0.86	0.87	0.9	0.5	0.85
Total Current Liabilities	0.99	0.84	0.98		0.98	0.97	-0.95	0.42	0.97	0.95	0.92	0.97	0.97	0.61	0.98	0.95	0.95	0.97	0.98	0.97	0.86	0.93	0.88	0.92	0.6	0.87
Total Stockholder Equity	1.0	0.83	0.96	0.98		0.96	-0.98	0.37	0.98	0.95	0.96	0.98	0.98	0.62	1.0	0.93	0.93	0.98	0.95	0.98	0.82	0.93	0.88	0.9	0.62	0.88
Property Plant And Equipment Net	0.96	0.77	0.97	0.97	0.96		-0.94	0.4	0.96	0.89	0.93	0.96	0.97	0.49	0.94	0.91	0.99	0.96	0.94	0.98	0.9	0.86	0.94	0.87	0.49	0.93
Net Debt	-0.97	-0.83	-0.95	-0.95	-0.98	-0.94		-0.37	-0.99	-0.87	-0.93	-0.99	-0.96	-0.52	-0.97	-0.91	-0.92	-0.99	-0.92	-0.97	-0.81	-0.84	-0.9	-0.87	-0.5	-0.9
Accounts Payable	0.39	0.39	0.39	0.42	0.37	0.4	-0.37		0.39	0.35	0.32	0.39	0.36	0.27	0.37	0.44	0.39	0.39	0.44	0.37	0.35	0.33	0.44	0.44	0.21	0.45
Cash	0.98	0.86	0.97	0.97	0.98	0.96	-0.99	0.39		0.88	0.92	1.0	0.95	0.51	0.97	0.95	0.93	1.0	0.95	0.97	0.82	0.86	0.91	0.92	0.51	0.9
Non Current Assets Total	0.95	0.8	0.89	0.95	0.95	0.89	-0.87	0.35	0.88		0.9	0.88	0.93	0.75	0.96	0.9	0.85	0.89	0.9	0.91	0.72	1.0	0.77	0.86	0.8	0.77
Non Currrent Assets Other	0.94	0.71	0.9	0.92	0.96	0.93	-0.93	0.32	0.92	0.9		0.92	0.97	0.52	0.94	0.83	0.91	0.92	0.86	0.97	0.8	0.88	0.84	0.79	0.6	0.83
Cash And Short Term Investments	0.98	0.86	0.97	0.97	0.98	0.96	-0.99	0.39	1.0	0.88	0.92		0.95	0.51	0.97	0.95	0.93	1.0	0.95	0.97	0.82	0.86	0.91	0.92	0.51	0.9
Net Receivables	0.97	0.75	0.95	0.97	0.98	0.97	-0.96	0.36	0.95	0.93	0.97	0.95		0.59	0.97	0.88	0.96	0.96	0.92	0.99	0.87	0.91	0.9	0.84	0.56	0.88
Common Stock Shares Outstanding	0.62	0.63	0.5	0.61	0.62	0.49	-0.52	0.27	0.51	0.75	0.52	0.51	0.59		0.66	0.57	0.43	0.52	0.55	0.52	0.32	0.78	0.38	0.55	0.82	0.4
Other Stockholder Equity	1.0	0.85	0.95	0.98	1.0	0.94	-0.97	0.37	0.97	0.96	0.94	0.97	0.97	0.66		0.93	0.9	0.97	0.94	0.97	0.78	0.95	0.86	0.9	0.65	0.85
Total Liab	0.95	0.94	0.94	0.95	0.93	0.91	-0.91	0.44	0.95	0.9	0.83	0.95	0.88	0.57	0.93		0.87	0.95	0.96	0.9	0.75	0.88	0.84	1.0	0.63	0.85
Property Plant And Equipment Gross	0.93	0.71	0.96	0.95	0.93	0.99	-0.92	0.39	0.93	0.85	0.91	0.93	0.96	0.43	0.9	0.87		0.93	0.92	0.97	0.94	0.81	0.94	0.83	0.42	0.92
Total Current Assets	0.99	0.86	0.97	0.97	0.98	0.96	-0.99	0.39	1.0	0.89	0.92	1.0	0.96	0.52	0.97	0.95	0.93		0.95	0.97	0.83	0.86	0.91	0.92	0.51	0.91
Short Term Debt	0.96	0.85	0.96	0.98	0.95	0.94	-0.92	0.44	0.95	0.9	0.86	0.95	0.92	0.55	0.94	0.96	0.92	0.95		0.94	0.84	0.88	0.85	0.94	0.56	0.84
Retained Earnings	0.98	0.78	0.96	0.97	0.98	0.98	-0.97	0.37	0.97	0.91	0.97	0.97	0.99	0.52	0.97	0.9	0.97	0.97	0.94		0.87	0.89	0.91	0.86	0.55	0.9
Other Current Assets	0.81	0.55	0.9	0.86	0.82	0.9	-0.81	0.35	0.82	0.72	0.8	0.82	0.87	0.32	0.78	0.75	0.94	0.83	0.84	0.87		0.68	0.82	0.7	0.25	0.78
Good Will	0.93	0.79	0.86	0.93	0.93	0.86	-0.84	0.33	0.86	1.0	0.88	0.86	0.91	0.78	0.95	0.88	0.81	0.86	0.88	0.89	0.68		0.73	0.85	0.82	0.73
Common Stock Total Equity	0.88	0.73	0.87	0.88	0.88	0.94	-0.9	0.44	0.91	0.77	0.84	0.91	0.9	0.38	0.86	0.84	0.94	0.91	0.85	0.91	0.82	0.73		0.82	0.34	1.0
Non Current Liabilities Total	0.93	0.95	0.9	0.92	0.9	0.87	-0.87	0.44	0.92	0.86	0.79	0.92	0.84	0.55	0.9	1.0	0.83	0.92	0.94	0.86	0.7	0.85	0.82		0.62	0.82
Intangible Assets	0.63	0.67	0.5	0.6	0.62	0.49	-0.5	0.21	0.51	0.8	0.6	0.51	0.56	0.82	0.65	0.63	0.42	0.51	0.56	0.55	0.25	0.82	0.34	0.62		0.36
Common Stock	0.88	0.75	0.85	0.87	0.88	0.93	-0.9	0.45	0.9	0.77	0.83	0.9	0.88	0.4	0.85	0.85	0.92	0.91	0.84	0.9	0.78	0.73	1.0	0.82	0.36

Click cells to compare fundamentals

CoStar Account Relationship Matchups

CoStar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	6.9B	7.3B	8.4B	8.9B	9.4B
Other Current Liab	102.5M	252.6M	223.8M	221.5M	363.8M	382.0M
Total Current Liabilities	207.1M	330.9M	338.7M	372.6M	455.8M	478.6M
Total Stockholder Equity	3.4B	5.4B	5.7B	6.9B	7.3B	7.7B
Property Plant And Equipment Net	222.6M	235.1M	372.1M	401.6M	552M	579.6M
Net Debt	(907.3M)	(2.6B)	(2.7B)	(3.9B)	(4.1B)	(3.9B)
Accounts Payable	7.6M	15.7M	22.2M	28.5M	23.1M	24.3M
Cash	1.1B	3.8B	3.8B	5.0B	5.2B	5.5B
Non Current Assets Total	2.7B	3.0B	3.3B	3.2B	3.4B	3.6B
Non Currrent Assets Other	113.5M	109.1M	123.6M	159.2M	187.4M	196.8M
Cash And Short Term Investments	1.1B	3.8B	3.8B	5.0B	5.2B	5.5B
Net Receivables	92.2M	103.9M	124.8M	166.1M	195.8M	205.6M
Common Stock Shares Outstanding	366.3M	383.3M	394.2M	397.8M	406.9M	270.1M
Liabilities And Stockholders Equity	3.9B	6.9B	7.3B	8.4B	8.9B	9.4B
Other Stockholder Equity	2.5B	4.2B	4.3B	5.1B	5.1B	5.4B
Total Liab	448.4M	1.5B	1.5B	1.5B	1.6B	1.7B
Property Plant And Equipment Gross	222.6M	210.4M	372.1M	401.6M	657.5M	690.4M
Total Current Assets	1.2B	3.9B	4.0B	5.2B	5.5B	5.7B
Accumulated Other Comprehensive Income	(8.6M)	(889K)	(5.8M)	(29.1M)	(17.6M)	(16.7M)
Short Term Debt	29.7M	65.3M	52.5M	72.0M	80M	84M
Retained Earnings	940.5M	1.2B	1.5B	1.8B	2.2B	2.3B
Other Current Assets	36.2M	42.2M	36.2M	51.8M	128.8M	135.2M
Good Will	1.9B	2.2B	2.3B	2.3B	2.4B	2.5B
Common Stock Total Equity	366K	394K	3.9M	4.1M	4.7M	4.9M
Non Current Liabilities Total	241.3M	1.2B	1.2B	1.2B	1.1B	1.2B
Intangible Assets	421.2M	426.7M	435.7M	329.3M	313.7M	179.7M
Common Stock	366K	394K	3.9M	4.1M	4.1M	4.3M
Other Assets	118.9M	237.8M	140.0M	170.9M	196.5M	206.4M
Property Plant Equipment	107.5M	126.3M	271.4M	321.3M	369.4M	387.9M
Current Deferred Revenue	67.3M	74.9M	95.5M	103.6M	104.2M	109.4M
Other Liab	121.2M	98.3M	111.2M	94.5M	108.7M	72.1M
Net Tangible Assets	1.1B	2.7B	3.0B	4.2B	4.9B	5.1B
Long Term Debt	133.7M	124.2M	987.9M	989.2M	990.5M	1.0B
Retained Earnings Total Equity	940.5M	1.2B	1.5B	1.8B	2.1B	2.2B
Capital Surpluse	2.5B	4.2B	4.3B	5.1B	5.8B	6.1B
Deferred Long Term Liab	87.1M	1.1B	98.7M	76.2M	87.6M	158.4M

Pair Trading with CoStar

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

Moving against CoStar Stock

0.41	NL	NL Industries	Pair Corr
0.39	KC	Kingsoft Cloud Holdings Tech Boost	Pair Corr
0.36	SQ	Block Inc	Pair Corr

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

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

Additional Tools for CoStar Stock Analysis

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

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