Charles Historical Balance Sheet

CTHR Stock

USD 1.29 0.02 1.53%

Trend analysis of Charles Colvard balance sheet accounts such as Total Stockholder Equity of 48.9 M, Cash of 9.5 M or Cash And Short Term Investments of 9.5 M provides information on Charles Colvard's total assets, liabilities, and equity, which is the actual value of Charles Colvard to its prevalent stockholders. By breaking down trends over time using Charles Colvard 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.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Covid

Financial Statement Analysis is much more than just reviewing and examining Charles Colvard 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 Charles Colvard is a good buy for the upcoming year.

Charles Colvard Inventory

10.43 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charles Colvard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Charles Stock, please use our How to Invest in Charles Colvard guide.

About Charles Balance Sheet Analysis

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

Charles Colvard Balance Sheet Chart

At this time, Charles Colvard's Good Will is relatively stable compared to the past year. As of 11/26/2024, Inventory is likely to grow to about 10.4 M, while Net Debt is likely to drop (9.1 M).

Total Assets Cash And Short Term Investments Net Receivables

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Total Assets

Total assets refers to the total amount of Charles Colvard 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 Charles Colvard 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Charles Colvard balance sheet. This account contains Charles Colvard investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Charles Colvard fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most accounts from Charles Colvard's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Charles Colvard 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 Charles Colvard. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Charles Stock, please use our How to Invest in Charles Colvard guide.At this time, Charles Colvard's Good Will is relatively stable compared to the past year. As of 11/26/2024, Inventory is likely to grow to about 10.4 M, while Net Debt is likely to drop (9.1 M).

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	59.6M	39.8M	45.7M	48.9M
Total Assets	69.2M	48.9M	56.2M	53.8M

Total Stockholder Equity Total Assets

Charles Colvard balance sheet Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Good Will	Non Current Liabilities Total	Inventory	Property Plant And Equipment Gross	Intangible Assets	Other Current Liab	Other Current Assets	Common Stock Total Equity	Common Stock	Property Plant Equipment
Total Assets		0.99	-0.59	-0.2	0.59	0.59	0.36	0.75	0.55	0.63	0.94	0.51	0.54	0.39	0.94	0.82	0.12	0.52	0.69	0.54	0.57	-0.01	0.33	0.52	0.51	0.51
Total Stockholder Equity	0.99		-0.55	-0.08	0.53	0.53	0.47	0.64	0.42	0.52	0.92	0.38	0.46	0.26	0.95	0.85	0.02	0.42	0.69	0.46	0.59	0.04	0.24	0.43	0.41	0.42
Net Debt	-0.59	-0.55		0.35	-0.98	-0.98	0.26	-0.63	-0.64	-0.52	-0.72	-0.41	-0.46	-0.13	-0.38	-0.19	-0.54	-0.62	-0.22	-0.46	-0.2	0.26	-0.23	-0.34	-0.33	-0.45
Retained Earnings	-0.2	-0.08	0.35		-0.36	-0.35	0.63	-0.65	-0.8	-0.77	-0.22	-0.77	-0.48	-0.74	-0.05	-0.14	-0.51	-0.43	-0.24	-0.48	0.27	-0.02	-0.52	-0.63	-0.62	-0.46
Cash	0.59	0.53	-0.98	-0.36		1.0	-0.32	0.68	0.68	0.58	0.73	0.48	0.55	0.18	0.38	0.13	0.64	0.74	0.2	0.55	0.25	-0.39	0.31	0.35	0.35	0.53
Cash And Short Term Investments	0.59	0.53	-0.98	-0.35	1.0		-0.31	0.68	0.67	0.57	0.74	0.47	0.54	0.18	0.39	0.14	0.63	0.73	0.19	0.54	0.26	-0.39	0.3	0.34	0.35	0.53
Net Receivables	0.36	0.47	0.26	0.63	-0.32	-0.31		-0.2	-0.44	-0.38	0.26	-0.35	-0.37	-0.21	0.54	0.57	-0.76	-0.37	0.42	-0.37	0.38	0.38	-0.47	-0.3	-0.32	-0.39
Common Stock Shares Outstanding	0.75	0.64	-0.63	-0.65	0.68	0.68	-0.2		0.92	0.84	0.72	0.9	0.69	0.74	0.66	0.49	0.51	0.73	0.38	0.69	0.36	-0.24	0.56	0.75	0.76	0.67
Other Stockholder Equity	0.55	0.42	-0.64	-0.8	0.68	0.67	-0.44	0.92		0.83	0.6	0.94	0.6	0.79	0.41	0.27	0.63	0.69	0.35	0.6	0.09	-0.18	0.53	0.69	0.7	0.58
Total Liab	0.63	0.52	-0.52	-0.77	0.58	0.57	-0.38	0.84	0.83		0.61	0.85	0.86	0.72	0.43	0.38	0.62	0.73	0.44	0.86	0.2	-0.23	0.77	0.84	0.84	0.85
Total Current Assets	0.94	0.92	-0.72	-0.22	0.73	0.74	0.26	0.72	0.6	0.61		0.52	0.49	0.38	0.81	0.64	0.21	0.6	0.71	0.49	0.46	-0.07	0.25	0.38	0.37	0.46
Total Current Liabilities	0.51	0.38	-0.41	-0.77	0.48	0.47	-0.35	0.9	0.94	0.85	0.52		0.62	0.93	0.4	0.29	0.56	0.63	0.34	0.62	0.15	-0.23	0.61	0.73	0.76	0.6
Property Plant And Equipment Net	0.54	0.46	-0.46	-0.48	0.55	0.54	-0.37	0.69	0.6	0.86	0.49	0.62		0.45	0.35	0.19	0.68	0.77	0.15	1.0	0.47	-0.39	0.86	0.81	0.83	1.0
Accounts Payable	0.39	0.26	-0.13	-0.74	0.18	0.18	-0.21	0.74	0.79	0.72	0.38	0.93	0.45		0.31	0.29	0.3	0.4	0.4	0.45	0.01	-0.04	0.52	0.66	0.69	0.43
Non Current Assets Total	0.94	0.95	-0.38	-0.05	0.38	0.39	0.54	0.66	0.41	0.43	0.81	0.4	0.35	0.31		0.89	-0.09	0.37	0.63	0.35	0.59	0.06	0.16	0.38	0.37	0.31
Non Currrent Assets Other	0.82	0.85	-0.19	-0.14	0.13	0.14	0.57	0.49	0.27	0.38	0.64	0.29	0.19	0.29	0.89		-0.26	0.05	0.69	0.19	0.43	0.33	0.11	0.36	0.33	0.15
Good Will	0.12	0.02	-0.54	-0.51	0.64	0.63	-0.76	0.51	0.63	0.62	0.21	0.56	0.68	0.3	-0.09	-0.26		0.62	-0.23	0.68	0.19	-0.61	0.7	0.47	0.5	0.7
Non Current Liabilities Total	0.52	0.42	-0.62	-0.43	0.74	0.73	-0.37	0.73	0.69	0.73	0.6	0.63	0.77	0.4	0.37	0.05	0.62		0.27	0.77	0.21	-0.46	0.48	0.49	0.52	0.76
Inventory	0.69	0.69	-0.22	-0.24	0.2	0.19	0.42	0.38	0.35	0.44	0.71	0.34	0.15	0.4	0.63	0.69	-0.23	0.27		0.15	0.02	0.38	-0.04	0.21	0.17	0.12
Property Plant And Equipment Gross	0.54	0.46	-0.46	-0.48	0.55	0.54	-0.37	0.69	0.6	0.86	0.49	0.62	1.0	0.45	0.35	0.19	0.68	0.77	0.15		0.47	-0.39	0.86	0.81	0.83	1.0
Intangible Assets	0.57	0.59	-0.2	0.27	0.25	0.26	0.38	0.36	0.09	0.2	0.46	0.15	0.47	0.01	0.59	0.43	0.19	0.21	0.02	0.47		-0.23	0.38	0.29	0.32	0.46
Other Current Liab	-0.01	0.04	0.26	-0.02	-0.39	-0.39	0.38	-0.24	-0.18	-0.23	-0.07	-0.23	-0.39	-0.04	0.06	0.33	-0.61	-0.46	0.38	-0.39	-0.23		-0.41	-0.08	-0.13	-0.41
Other Current Assets	0.33	0.24	-0.23	-0.52	0.31	0.3	-0.47	0.56	0.53	0.77	0.25	0.61	0.86	0.52	0.16	0.11	0.7	0.48	-0.04	0.86	0.38	-0.41		0.76	0.8	0.87
Common Stock Total Equity	0.52	0.43	-0.34	-0.63	0.35	0.34	-0.3	0.75	0.69	0.84	0.38	0.73	0.81	0.66	0.38	0.36	0.47	0.49	0.21	0.81	0.29	-0.08	0.76		0.99	0.8
Common Stock	0.51	0.41	-0.33	-0.62	0.35	0.35	-0.32	0.76	0.7	0.84	0.37	0.76	0.83	0.69	0.37	0.33	0.5	0.52	0.17	0.83	0.32	-0.13	0.8	0.99		0.82
Property Plant Equipment	0.51	0.42	-0.45	-0.46	0.53	0.53	-0.39	0.67	0.58	0.85	0.46	0.6	1.0	0.43	0.31	0.15	0.7	0.76	0.12	1.0	0.46	-0.41	0.87	0.8	0.82

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Charles Colvard Account Relationship Matchups

Charles Colvard balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	48.9M	64.9M	69.2M	48.9M	56.2M	53.8M
Total Stockholder Equity	41.4M	55.7M	59.6M	39.8M	45.7M	48.9M
Net Debt	(12.2M)	(17.1M)	(12.0M)	(7.5M)	(8.6M)	(9.1M)
Retained Earnings	(38.8M)	(26.0M)	(23.6M)	(43.2M)	(38.9M)	(36.9M)
Cash	14.0M	21.3M	15.7M	10.4M	9.4M	9.5M
Cash And Short Term Investments	14.0M	21.3M	15.7M	10.4M	9.4M	9.5M
Net Receivables	670.7K	1.9M	2.5M	630.1K	724.6K	688.4K
Common Stock Shares Outstanding	28.6M	30.2M	31.3M	30.4M	34.9M	20.4M
Liabilities And Stockholders Equity	48.9M	64.9M	69.2M	48.9M	56.2M	53.8M
Other Stockholder Equity	25.9M	25.6M	25.9M	25.7M	29.6M	15.6M
Total Liab	7.5M	9.2M	9.7M	9.1M	10.5M	11.0M
Total Current Assets	23.9M	35.8M	35.9M	24.6M	22.1M	24.0M
Total Current Liabilities	6.5M	5.6M	6.8M	7.1M	8.1M	4.2M
Property Plant And Equipment Net	1.6M	4.8M	4.7M	4.7M	5.4M	5.6M
Accounts Payable	3.7M	2.8M	4.4M	4.8M	5.5M	2.8M
Non Current Assets Total	25.0M	29.2M	33.3M	24.3M	28.0M	21.6M
Non Currrent Assets Other	23.2M	17.8M	22.5M	19.3M	22.2M	24.1M
Non Current Liabilities Total	983.0K	3.6M	2.8M	2.0M	1.8M	1.3M
Inventory	7.4M	11.5M	11.0M	7.5M	6.7M	10.4M
Property Plant And Equipment Gross	1.6M	4.8M	4.7M	4.7M	5.4M	5.6M
Intangible Assets	170.2K	209.7K	265.7K	305.7K	275.1K	199.0K
Other Current Liab	209.4K	368.8K	(104.7K)	626.5K	563.8K	649.7K
Other Current Assets	1.8M	1.1M	6.7M	6.0M	6.9M	7.3M
Property Plant Equipment	1.6M	4.8M	4.7M	4.7M	5.4M	5.6M
Current Deferred Revenue	794.7K	774.9K	452.9K	566.9K	651.9K	419.1K
Short Term Debt	1.4M	1.1M	1.7M	880.1K	1.0M	840.3K
Other Assets	23.2M	24.1M	28.4M	19.3M	22.2M	23.8M
Other Liab	925.1K	729.6K	7.9K	9.9K	8.9K	8.4K
Net Tangible Assets	41.3M	55.5M	59.3M	39.5M	35.5M	36.6M
Retained Earnings Total Equity	(34.1M)	(33.1M)	(38.8M)	(26.0M)	(23.4M)	(24.5M)
Capital Surpluse	14.7M	24.5M	25.9M	25.6M	29.4M	17.9M
Non Current Liabilities Other	461.6K	492.8K	211.0K	3.6M	4.2M	4.4M
Net Invested Capital	42.4M	55.7M	59.6M	39.8M	45.7M	51.0M
Net Working Capital	17.4M	30.1M	29.1M	17.5M	20.1M	24.2M

Pair Trading with Charles Colvard

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

Moving against Charles Stock

0.81	DOGZ	Dogness International Downward Rally	Pair Corr
0.75	VSTO	Vista Outdoor	Pair Corr
0.66	AS	Amer Sports, Trending	Pair Corr
0.66	GIL	Gildan Activewear	Pair Corr
0.62	RL	Ralph Lauren Corp	Pair Corr

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

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

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

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Charles Historical Balance Sheet

Charles Colvard Inventory

10.43 Million

About Charles Balance Sheet Analysis

Charles Colvard Balance Sheet Chart

Total Assets

Cash And Short Term Investments

Charles Colvard balance sheet Correlations

Charles Colvard Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Charles Colvard balance sheet Accounts

Pair Trading with Charles Colvard

Moving against Charles Stock

Additional Tools for Charles Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Gross
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Total Equity

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Other Stockholder Equity	- 0.8	Retained Earnings
Total Current Liabilities	- 0.77	Retained Earnings
Total Liab	- 0.77	Retained Earnings
Good Will	- 0.76	Net Receivables