Civeo Historical Balance Sheet

CVEO Stock  USD 23.38  0.10  0.43%   
Trend analysis of Civeo Corp balance sheet accounts such as Total Assets of 894.7 M, Other Current Liabilities of 34.5 M or Total Current Liabilities of 115.8 M provides information on Civeo Corp's total assets, liabilities, and equity, which is the actual value of Civeo Corp to its prevalent stockholders. By breaking down trends over time using Civeo 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Civeo 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 Civeo Corp is a good buy for the upcoming year.

Civeo Corp Inventory

7.69 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo 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 income.
To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.

About Civeo Balance Sheet Analysis

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

Civeo Corp Balance Sheet Chart

At this time, Civeo Corp's Inventory is very stable compared to the past year. As of the 1st of December 2024, Total Liabilities is likely to grow to about 376.6 M, while Other Current Liabilities is likely to drop about 34.5 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Civeo 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 Civeo 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 Civeo 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 Civeo 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.
Most accounts from Civeo Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Civeo 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 Civeo 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 income.
To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.At this time, Civeo Corp's Inventory is very stable compared to the past year. As of the 1st of December 2024, Total Liabilities is likely to grow to about 376.6 M, while Other Current Liabilities is likely to drop about 34.5 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities34.1M47.6M43.1M34.5M
Total Assets672.7M566.2M548.1M894.7M

Civeo Corp balance sheet Correlations

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0.010.51-0.03-0.130.330.51-0.390.620.310.920.220.21-0.060.820.020.660.660.380.760.530.480.550.160.97-0.58
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Click cells to compare fundamentals

Civeo Corp Account Relationship Matchups

Civeo Corp balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding13.9M14.1M14.2M14.0M15.0M15.1M
Total Assets969.9M740.9M672.7M566.2M548.1M894.7M
Other Current Liab30.8M28.7M34.1M47.6M43.1M34.5M
Total Current Liabilities110.0M116.8M136.9M128.3M114.2M115.8M
Total Stockholder Equity490.1M374.7M361.5M300.1M320.2M517.1M
Other Liab26.0M14.9M14.7M19.0M17.1M21.7M
Accounts Payable37.0M42.1M49.3M51.1M58.7M43.8M
Cash3.3M6.2M6.3M8.0M3.3M3.2M
Other Assets1.3M26.2M5.4M5.6M5.0M9.6M
Long Term Debt321.8M214M142.6M102.5M65.6M62.3M
Good Will110.2M8.7M8.2M7.7M7.7M7.3M
Inventory5.9M6.2M6.5M6.9M7.0M7.7M
Other Current Assets7.9M17.1M29.6M18.9M21.7M14.1M
Total Liab479.1M365.5M309.6M262.5M225.0M376.6M
Intangible Assets111.8M99.7M93.6M81.7M78.0M79.3M
Property Plant Equipment590.3M486.9M408.3M301.9M271.7M258.1M
Short Long Term Debt Total378.1M268.4M188.6M143.7M79.2M75.2M
Property Plant And Equipment Net615.2M509.5M408.3M317.6M282.8M268.7M
Current Deferred Revenue7.2M6.8M18.5M991K4.8M7.2M
Net Debt374.8M262.3M182.3M135.8M75.9M72.1M
Non Current Assets Total838.5M621.6M515.5M412.6M372.8M671.5M
Non Currrent Assets Other1.3M3.6M5.4M5.6M4.3M6.6M
Cash And Short Term Investments3.3M6.2M6.3M8.0M3.3M3.2M
Net Receivables99.5M89.8M114.9M119.8M143.2M84.4M
Liabilities And Stockholders Equity969.9M740.9M672.7M566.2M548.1M820.9M
Non Current Liabilities Total369.1M248.7M172.7M134.2M110.8M105.2M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B1.6B
Property Plant And Equipment Gross615.2M509.5M408.3M317.6M1.5B1.6B
Total Current Assets131.4M119.2M157.2M153.5M175.2M149.4M
Accumulated Other Comprehensive Income(363.2M)(349.0M)(361.9M)(385.2M)(380.7M)(399.8M)
Short Term Debt35.1M39.0M34.8M28.4M3.8M3.6M
Net Tangible Assets210.0M206.2M197.7M210.7M189.6M297.5M
Retained Earnings(771.6M)(907.7M)(913.0M)(930.1M)(919.0M)(965.0M)
Retained Earnings Total Equity(771.6M)(907.7M)(913.0M)(930.1M)(837.1M)(879.0M)
Long Term Debt Total321.8M214M142.6M102.5M92.3M87.6M
Capital Surpluse1.6B1.6B1.6B1.6B1.9B1.6B

Pair Trading with Civeo Corp

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

Moving together with Civeo Stock

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Moving against Civeo Stock

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The ability to find closely correlated positions to Civeo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Civeo Corp 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 Civeo Corp - 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 Civeo Corp to buy it.
The correlation of Civeo Corp 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 Civeo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Civeo Corp 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 Civeo Corp 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 CorrelationCorrelation Matching
When determining whether Civeo Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civeo Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civeo Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civeo Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo 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 income.
To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Commercial Services & Supplies 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 Civeo Corp. If investors know Civeo 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 Civeo 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
0.878
Dividend Share
1
Earnings Share
1.4
Revenue Per Share
48.289
Quarterly Revenue Growth
(0.04)
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo 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 Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo 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 Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo 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.