Clairvest Historical Balance Sheet
CVG Stock | CAD 69.49 0.94 1.37% |
Trend analysis of Clairvest Group balance sheet accounts such as Total Assets of 1.4 B, Total Stockholder Equity of 1.4 B or Retained Earnings of 1.2 B provides information on Clairvest's total assets, liabilities, and equity, which is the actual value of Clairvest Group to its prevalent stockholders. By breaking down trends over time using Clairvest 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.
Financial Statement Analysis is much more than just reviewing and examining Clairvest Group 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 Clairvest Group is a good buy for the upcoming year.
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About Clairvest Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Clairvest Group at a specified time, usually calculated after every quarter, six months, or one year. Clairvest Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clairvest 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 Clairvest currently owns. An asset can also be divided into two categories, current and non-current.
Clairvest Balance Sheet Chart
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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 Clairvest 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 Clairvest Group 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 Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Short Term Investments
Short Term Investments is an item under the current assets section of Clairvest balance sheet. It contains any investments Clairvest Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Clairvest Group can easily liquidate in the marketplace.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most accounts from Clairvest's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Clairvest Group 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 Clairvest 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 board of governors. At this time, Clairvest's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 23rd of November 2024, Total Current Assets is likely to grow to about 1.8 B, while Common Stock Shares Outstanding is likely to drop about 13.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 1.2B | 1.2B | 1.3B | 1.4B | Total Assets | 1.4B | 1.4B | 1.3B | 1.4B |
Clairvest balance sheet Correlations
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Clairvest Account Relationship Matchups
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Clairvest balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 15.1M | 15.1M | 15.1M | 15.0M | 14.1M | 13.8M | |
Total Assets | 944.9M | 985.0M | 1.4B | 1.4B | 1.3B | 1.4B | |
Total Stockholder Equity | 837.4M | 857.8M | 1.2B | 1.2B | 1.3B | 1.4B | |
Net Debt | (269.2M) | (183.5M) | (215.5M) | (215.5M) | (135.4M) | (128.7M) | |
Retained Earnings | 756.5M | 777.0M | 1.1B | 1.1B | 1.2B | 1.2B | |
Cash | 272.9M | 186.8M | 218.4M | 217.9M | 145.1M | 94.7M | |
Non Current Assets Total | 409.4M | 542.6M | 856.4M | 1.0B | 1.4B | 1.5B | |
Non Currrent Assets Other | (200.4M) | (128.3M) | (169.1M) | (119.4M) | 60.7M | 63.7M | |
Other Assets | 417.0K | 433K | 5.0M | (1.7B) | (1.6B) | (1.5B) | |
Cash And Short Term Investments | 428.9M | 279.4M | 348.8M | 288.0M | 205.8M | 136.9M | |
Net Receivables | 53.8M | 126.8M | 104.3M | 90.1M | 125.5M | 131.7M | |
Liabilities And Stockholders Equity | 944.9M | 985.0M | 1.4B | 1.4B | 1.3B | 1.4B | |
Other Stockholder Equity | (837.4M) | (1.6B) | (2.3B) | (2.4B) | (2.2B) | (2.1B) | |
Total Liab | 107.5M | 127.2M | 174.1M | 135.0M | 78.8M | 77.3M | |
Total Current Assets | 535.1M | 442.4M | 496.8M | 428.5M | 1.7B | 1.8B | |
Short Long Term Debt Total | 3.8M | 3.3M | 2.9M | 2.4M | 9.7M | 19.4M | |
Non Current Liabilities Total | 107.5M | 127.2M | 174.1M | 211.9M | (165.4M) | (157.2M) | |
Other Current Liab | 45.6M | 73.4M | 78.1M | 121.2M | 21.4M | 31.6M | |
Total Current Liabilities | 57.5M | 81.9M | 84.9M | 135.0M | 37.6M | 44.5M | |
Accounts Payable | 11.9M | 8.6M | 6.9M | 13.8M | 16.2M | 9.3M | |
Short Term Investments | 155.9M | 92.6M | 130.4M | 70.1M | 60.7M | 89.5M | |
Common Stock | 80.9M | 80.8M | 80.8M | 80.6M | 78.8M | 64.6M | |
Property Plant And Equipment Net | 9.1M | 8.0M | 7.3M | 6.6M | 6.1M | 5.2M | |
Other Current Assets | (506.7M) | (391.3M) | (429.9M) | (446.6M) | 1.3B | 1.4B | |
Other Liab | 46.2M | 42.0M | 86.3M | 74.5M | 85.7M | 71.5M | |
Net Tangible Assets | 837.4M | 857.8M | 1.2B | 1.2B | 1.4B | 816.3M | |
Long Term Investments | 600.7M | 663.0M | 1.0B | 1.1B | 1.1B | 731.0M | |
Property Plant Equipment | 9.1M | 8.0M | 7.3M | 6.6M | 7.6M | 5.4M | |
Property Plant And Equipment Gross | 9.1M | 11.3M | 11.8M | 12.2M | 13.1M | 7.9M | |
Long Term Debt Total | 3.8M | 3.3M | 2.9M | 2.4M | 2.7M | 1.9M | |
Cash And Equivalents | 26.3M | 27.6M | 13.1M | 1.7M | 1.5M | 1.4M | |
Capital Stock | 80.9M | 80.8M | 80.8M | 80.6M | 78.8M | 64.4M |
Pair Trading with Clairvest
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 Clairvest 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 Clairvest will appreciate offsetting losses from the drop in the long position's value.Moving against Clairvest Stock
0.62 | NXE | NexGen Energy | PairCorr |
0.52 | ECN | ECN Capital Corp | PairCorr |
0.48 | CNQ | Canadian Natural Res | PairCorr |
0.48 | BIP-PB | Brookfield Infrastructure | PairCorr |
0.37 | ASM | Avino Silver Gold | PairCorr |
The ability to find closely correlated positions to Clairvest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clairvest 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 Clairvest - 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 Clairvest Group to buy it.
The correlation of Clairvest 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 Clairvest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clairvest 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 Clairvest 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.Other Information on Investing in Clairvest Stock
Balance Sheet is a snapshot of the financial position of Clairvest Group at a specified time, usually calculated after every quarter, six months, or one year. Clairvest Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clairvest 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 Clairvest currently owns. An asset can also be divided into two categories, current and non-current.