Charles Capital Expenditures vs Free Cash Flow Analysis

CTHR Stock

USD 1.28 0.02 1.54%

Charles Colvard financial indicator trend analysis is way more than just evaluating Charles Colvard prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Charles Colvard is a good investment. Please check the relationship between Charles Colvard Capital Expenditures and its Free Cash Flow accounts. 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Charles Colvard Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Charles Colvard's Capital Expenditures and Free Cash Flow is -0.33. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Charles Colvard, assuming nothing else is changed. The correlation between historical values of Charles Colvard's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Charles Colvard are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Charles Colvard's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Charles Colvard to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Charles Colvard operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Charles Colvard's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024, Tax Provision is likely to grow to about 7.1 M, while Sales General And Administrative To Revenue is likely to drop 0.16.

	2021	2022	2023	2024 (projected)
Gross Profit	20.2M	4.7M	5.4M	5.2M
Total Revenue	43.1M	29.9M	34.4M	24.4M

Gross Profit Total Revenue

Charles Colvard fundamental ratios 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 fundamental ratios 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 together with Charles Stock

0.74

DOOO

BRP Inc

Pair Corr

Moving against Charles Stock

0.85	DOGZ	Dogness International Upward Rally	Pair Corr
0.79	VSTO	Vista Outdoor	Pair Corr
0.67	RL	Ralph Lauren Corp	Pair Corr
0.64	UAA	Under Armour A Aggressive Push	Pair Corr
0.59	UA	Under Armour C	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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