Carriage Total Current Assets vs Other Current Assets Analysis

CSV Stock

USD 39.61 0.93 2.40%

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

For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.

Total Current Assets vs Other Current Assets

Total Current Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carriage Services Total Current Assets account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Carriage Services' Total Current Assets and Other Current Assets is 0.2. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Carriage Services, assuming nothing else is changed. The correlation between historical values of Carriage Services' Total Current Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Carriage Services are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., Carriage Services' Total Current Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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

For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.At this time, Carriage Services' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.81 in 2025, whereas Discontinued Operations is likely to drop slightly above 313.6 K in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	119.2M	124.3M	143.4M	150.6M
Total Revenue	370.2M	382.5M	34.2M	32.5M

Gross Profit Total Revenue

Carriage Services 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.93	0.47	0.86	0.62	0.92	0.93	0.66	0.51	-0.18	1.0	0.39	-0.18	0.96	0.33	0.99	0.19	0.01	-0.42	0.99	0.82	0.87	0.0	0.73	0.95	0.69
Short Long Term Debt Total	0.93		0.51	0.75	0.43	0.95	1.0	0.65	0.42	-0.15	0.93	0.24	-0.15	0.87	0.19	0.95	0.13	-0.09	-0.51	0.95	0.72	0.73	-0.05	0.57	0.81	0.68
Other Current Liab	0.47	0.51		0.47	0.23	0.43	0.51	0.82	0.07	0.18	0.48	0.47	0.18	0.53	-0.26	0.48	-0.24	-0.26	-0.66	0.48	0.63	0.2	-0.13	0.0	0.35	0.64
Total Current Liabilities	0.86	0.75	0.47		0.43	0.75	0.75	0.53	0.52	0.01	0.86	0.47	0.01	0.92	0.48	0.86	0.15	0.02	-0.33	0.88	0.69	0.83	0.2	0.72	0.85	0.63
Total Stockholder Equity	0.62	0.43	0.23	0.43		0.62	0.43	0.31	0.08	-0.29	0.62	0.39	-0.29	0.47	0.42	0.52	-0.06	-0.17	0.13	0.51	0.53	0.49	0.19	0.58	0.67	0.19
Property Plant And Equipment Net	0.92	0.95	0.43	0.75	0.62		0.95	0.52	0.35	-0.18	0.92	0.23	-0.18	0.82	0.37	0.91	0.11	-0.12	-0.26	0.91	0.68	0.72	0.13	0.71	0.83	0.51
Net Debt	0.93	1.0	0.51	0.75	0.43	0.95		0.65	0.42	-0.15	0.93	0.23	-0.15	0.87	0.19	0.95	0.13	-0.09	-0.51	0.95	0.72	0.73	-0.05	0.57	0.81	0.68
Retained Earnings	0.66	0.65	0.82	0.53	0.31	0.52	0.65		0.21	-0.09	0.66	0.55	-0.09	0.71	-0.14	0.67	-0.08	-0.07	-0.84	0.67	0.9	0.55	-0.33	0.21	0.57	0.69
Accounts Payable	0.51	0.42	0.07	0.52	0.08	0.35	0.42	0.21		0.14	0.51	0.02	0.14	0.59	0.26	0.54	0.81	0.31	-0.21	0.54	0.38	0.55	-0.43	0.54	0.61	0.34
Cash	-0.18	-0.15	0.18	0.01	-0.29	-0.18	-0.15	-0.09	0.14		-0.18	-0.21	1.0	-0.15	-0.21	-0.16	0.04	-0.19	0.01	-0.15	-0.13	-0.18	0.1	-0.19	-0.24	0.04
Non Current Assets Total	1.0	0.93	0.48	0.86	0.62	0.92	0.93	0.66	0.51	-0.18		0.38	-0.18	0.96	0.33	0.99	0.19	0.0	-0.42	0.99	0.82	0.87	0.0	0.72	0.95	0.7
Non Currrent Assets Other	0.39	0.24	0.47	0.47	0.39	0.23	0.23	0.55	0.02	-0.21	0.38		-0.21	0.45	0.28	0.35	-0.29	-0.09	-0.32	0.35	0.53	0.45	0.05	0.3	0.44	0.33
Cash And Short Term Investments	-0.18	-0.15	0.18	0.01	-0.29	-0.18	-0.15	-0.09	0.14	1.0	-0.18	-0.21		-0.15	-0.21	-0.16	0.04	-0.19	0.01	-0.15	-0.13	-0.18	0.1	-0.19	-0.24	0.04
Net Receivables	0.96	0.87	0.53	0.92	0.47	0.82	0.87	0.71	0.59	-0.15	0.96	0.45	-0.15		0.29	0.97	0.23	0.08	-0.54	0.97	0.83	0.88	-0.08	0.67	0.92	0.76
Common Stock Shares Outstanding	0.33	0.19	-0.26	0.48	0.42	0.37	0.19	-0.14	0.26	-0.21	0.33	0.28	-0.21	0.29		0.28	0.26	0.13	0.4	0.3	0.21	0.56	0.37	0.82	0.49	-0.33
Non Current Liabilities Total	0.99	0.95	0.48	0.86	0.52	0.91	0.95	0.67	0.54	-0.16	0.99	0.35	-0.16	0.97	0.28		0.22	0.04	-0.48	1.0	0.8	0.87	-0.05	0.7	0.93	0.73
Inventory	0.19	0.13	-0.24	0.15	-0.06	0.11	0.13	-0.08	0.81	0.04	0.19	-0.29	0.04	0.23	0.26	0.22		0.57	0.02	0.22	0.13	0.29	-0.45	0.43	0.31	-0.07
Other Current Assets	0.01	-0.09	-0.26	0.02	-0.17	-0.12	-0.09	-0.07	0.31	-0.19	0.0	-0.09	-0.19	0.08	0.13	0.04	0.57		0.01	0.04	0.06	0.2	-0.25	0.27	0.13	-0.13
Other Stockholder Equity	-0.42	-0.51	-0.66	-0.33	0.13	-0.26	-0.51	-0.84	-0.21	0.01	-0.42	-0.32	0.01	-0.54	0.4	-0.48	0.02	0.01		-0.48	-0.62	-0.36	0.54	0.13	-0.28	-0.72
Total Liab	0.99	0.95	0.48	0.88	0.51	0.91	0.95	0.67	0.54	-0.15	0.99	0.35	-0.15	0.97	0.3	1.0	0.22	0.04	-0.48		0.8	0.87	-0.03	0.7	0.93	0.73
Property Plant And Equipment Gross	0.82	0.72	0.63	0.69	0.53	0.68	0.72	0.9	0.38	-0.13	0.82	0.53	-0.13	0.83	0.21	0.8	0.13	0.06	-0.62	0.8		0.8	-0.19	0.57	0.78	0.57
Total Current Assets	0.87	0.73	0.2	0.83	0.49	0.72	0.73	0.55	0.55	-0.18	0.87	0.45	-0.18	0.88	0.56	0.87	0.29	0.2	-0.36	0.87	0.8		-0.02	0.82	0.9	0.47
Short Term Debt	0.0	-0.05	-0.13	0.2	0.19	0.13	-0.05	-0.33	-0.43	0.1	0.0	0.05	0.1	-0.08	0.37	-0.05	-0.45	-0.25	0.54	-0.03	-0.19	-0.02		0.22	-0.06	-0.17
Common Stock	0.73	0.57	0.0	0.72	0.58	0.71	0.57	0.21	0.54	-0.19	0.72	0.3	-0.19	0.67	0.82	0.7	0.43	0.27	0.13	0.7	0.57	0.82	0.22		0.83	0.08
Common Stock Total Equity	0.95	0.81	0.35	0.85	0.67	0.83	0.81	0.57	0.61	-0.24	0.95	0.44	-0.24	0.92	0.49	0.93	0.31	0.13	-0.28	0.93	0.78	0.9	-0.06	0.83		0.55
Other Liab	0.69	0.68	0.64	0.63	0.19	0.51	0.68	0.69	0.34	0.04	0.7	0.33	0.04	0.76	-0.33	0.73	-0.07	-0.13	-0.72	0.73	0.57	0.47	-0.17	0.08	0.55

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Carriage Services Account Relationship Matchups

Carriage Services fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.2B	1.2B	1.3B	1.3B	838.4M
Short Long Term Debt Total	478.3M	578.9M	612.7M	604.6M	420.6M	317.2M
Other Current Liab	29.0M	40.6M	29.7M	30.6M	36.1M	37.9M
Total Current Liabilities	48.4M	60.8M	45.5M	51.1M	58.0M	37.0M
Total Stockholder Equity	240.5M	128.0M	137.1M	173.1M	208.6M	165.4M
Property Plant And Equipment Net	391.4M	387.9M	399.3M	418.4M	288.0M	255.9M
Net Debt	477.4M	577.8M	611.6M	603.1M	419.4M	314.0M
Retained Earnings	102.3M	135.5M	176.8M	210.3M	243.2M	255.4M
Accounts Payable	11.3M	14.2M	11.7M	11.9M	15.4M	9.2M
Cash	889K	1.1M	1.2M	1.5M	1.2M	1.1M
Non Current Assets Total	1.1B	1.1B	1.2B	1.2B	1.2B	799.9M
Non Currrent Assets Other	258.7M	329.1M	202.2M	380K	393.7M	413.4M
Cash And Short Term Investments	889K	1.1M	1.2M	1.5M	1.2M	1.1M
Net Receivables	25.1M	29.4M	25.0M	27.9M	30.2M	20.7M
Common Stock Shares Outstanding	18.1M	18.3M	15.7M	15.5M	15.4M	18.9M
Liabilities And Stockholders Equity	1.1B	1.2B	1.2B	1.3B	1.3B	838.4M
Non Current Liabilities Total	857.0M	989.8M	1.0B	1.0B	1.0B	627.3M
Inventory	7.3M	7.3M	7.6M	8.3M	7.9M	7.3M
Other Current Assets	2.1M	2.3M	4.2M	3.9M	5.3M	5.0M
Other Stockholder Equity	137.9M	(7.7M)	(40.0M)	(37.5M)	(34.9M)	(33.2M)
Total Liab	905.3M	1.1B	1.1B	1.1B	1.1B	664.3M
Property Plant And Equipment Gross	391.4M	387.9M	399.3M	556.4M	548.4M	575.8M
Total Current Assets	35.3M	40.2M	38.0M	41.7M	44.5M	38.5M
Short Term Debt	6.0M	5.1M	3.2M	3.8M	571K	542.5K
Common Stock	260K	263K	264K	266K	269K	282.5K
Common Stock Total Equity	259K	260K	263K	264K	303.6K	228.9K
Other Liab	351.0M	384.6M	413.7M	400.8M	460.9M	303.1M
Other Assets	361.0M	397.7M	429.8M	420.9M	484.1M	253.3M
Long Term Debt	446.5M	552.4M	587.5M	579.2M	536.9M	316.3M
Good Will	393.0M	392.0M	410.1M	423.6M	414.9M	274.9M
Intangible Assets	29.5M	29.4M	32.9M	37.3M	40.4M	73.0M
Property Plant Equipment	366.2M	370.2M	287.2M	382.3M	439.6M	233.0M
Current Deferred Revenue	27.5M	40.0M	51.7M	61.0M	61.8M	37.5M
Net Tangible Assets	(171.7M)	(152.5M)	(293.3M)	(273.0M)	(245.7M)	(233.4M)
Retained Earnings Total Equity	86.2M	102.3M	135.5M	176.8M	203.4M	213.5M
Long Term Debt Total	190.4M	452.0M	557.6M	592.3M	681.1M	715.2M

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