Chicago Net Invested Capital vs Net Debt Analysis

CVR Stock

USD 18.49 0.24 1.32%

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

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chicago Rivet Machine Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Chicago Rivet's Net Invested Capital and Net Debt is -0.13. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Chicago Rivet Machine, assuming nothing else is changed. The correlation between historical values of Chicago Rivet's Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Chicago Rivet Machine are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Chicago Rivet's Net Invested Capital and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

At this time, Chicago Rivet's Selling General Administrative is relatively stable compared to the past year. As of 11/23/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, though Enterprise Value Over EBITDA is likely to grow to (3.13).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.1M	5.0M	5.2M	6.3M
Cost Of Revenue	27.5M	29.8M	32.1M	26.3M

Total Operating Expenses Cost Of Revenue

Chicago Rivet 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	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	Accounts Payable	Short Term Debt	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.68	-0.54	-0.27	0.98	0.94	0.37	0.97	-0.42	0.92	0.16	0.27	0.77	-0.63	-0.24	0.55	-0.38	-0.17	-0.34	0.33	0.87	-0.05	-0.73	0.01	0.34	0.01
Short Long Term Debt Total	0.68		-0.8	-0.36	0.73	0.63	0.75	0.79	-0.82	0.55	-0.13	-0.07	0.85	-0.76	-0.13	0.38	0.01	0.24	-0.48	-0.08	0.68	0.35	-0.99	-0.17	0.72	-0.17
Other Current Liab	-0.54	-0.8		0.63	-0.63	-0.54	-0.66	-0.7	0.71	-0.47	0.27	0.45	-0.64	0.9	0.56	-0.63	-0.18	0.17	0.81	-0.34	-0.5	-0.31	0.84	-0.34	-0.29	-0.34
Total Current Liabilities	-0.27	-0.36	0.63		-0.38	-0.31	-0.01	-0.4	0.07	-0.29	0.78	0.3	-0.09	0.38	0.27	-0.48	-0.11	0.67	0.81	-0.33	-0.18	0.4	0.42	-0.16	0.14	-0.16
Total Stockholder Equity	0.98	0.73	-0.63	-0.38		0.94	0.38	0.99	-0.45	0.92	0.08	0.18	0.76	-0.66	-0.26	0.61	-0.33	-0.2	-0.49	0.33	0.83	-0.06	-0.77	0.04	0.35	0.04
Property Plant And Equipment Net	0.94	0.63	-0.54	-0.31	0.94		0.42	0.93	-0.47	0.99	0.06	0.23	0.73	-0.64	-0.31	0.44	-0.41	-0.23	-0.44	0.28	0.65	-0.16	-0.68	0.15	0.34	0.15
Net Debt	0.37	0.75	-0.66	-0.01	0.38	0.42		0.46	-0.99	0.34	0.03	-0.19	0.73	-0.81	-0.42	0.07	0.07	0.42	-0.31	-0.11	0.31	0.62	-0.75	0.21	0.71	0.21
Retained Earnings	0.97	0.79	-0.7	-0.4	0.99	0.93	0.46		-0.53	0.9	0.05	0.13	0.8	-0.71	-0.28	0.61	-0.29	-0.16	-0.53	0.3	0.82	0.0	-0.83	0.05	0.4	0.05
Cash	-0.42	-0.82	0.71	0.07	-0.45	-0.47	-0.99	-0.53		-0.39	0.0	0.19	-0.77	0.82	0.38	-0.13	-0.06	-0.41	0.37	0.12	-0.35	-0.6	0.8	-0.16	-0.73	-0.16
Non Current Assets Total	0.92	0.55	-0.47	-0.29	0.92	0.99	0.34	0.9	-0.39		0.08	0.26	0.67	-0.57	-0.29	0.42	-0.45	-0.27	-0.41	0.29	0.6	-0.23	-0.6	0.16	0.28	0.16
Non Currrent Assets Other	0.16	-0.13	0.27	0.78	0.08	0.06	0.03	0.05	0.0	0.08		0.15	0.21	0.08	0.01	0.13	-0.23	0.39	0.46	0.13	0.23	0.48	0.17	0.06	-0.02	0.06
Cash And Short Term Investments	0.27	-0.07	0.45	0.3	0.18	0.23	-0.19	0.13	0.19	0.26	0.15		0.05	0.3	0.45	-0.4	-0.77	0.19	0.47	-0.34	0.22	-0.33	0.08	-0.43	0.3	-0.43
Net Receivables	0.77	0.85	-0.64	-0.09	0.76	0.73	0.73	0.8	-0.77	0.67	0.21	0.05		-0.75	-0.19	0.39	-0.26	0.22	-0.24	0.11	0.72	0.36	-0.86	-0.04	0.56	-0.04
Common Stock Shares Outstanding	-0.63	-0.76	0.9	0.38	-0.66	-0.64	-0.81	-0.71	0.82	-0.57	0.08	0.3	-0.75		0.71	-0.51	-0.05	0.08	0.63	-0.38	-0.55	-0.39	0.82	-0.48	-0.36	-0.48
Non Current Liabilities Total	-0.24	-0.13	0.56	0.27	-0.26	-0.31	-0.42	-0.28	0.38	-0.29	0.01	0.45	-0.19	0.71		-0.44	-0.19	0.38	0.59	-0.66	-0.13	-0.24	0.23	-0.88	0.19	-0.88
Inventory	0.55	0.38	-0.63	-0.48	0.61	0.44	0.07	0.61	-0.13	0.42	0.13	-0.4	0.39	-0.51	-0.44		0.0	-0.51	-0.61	0.79	0.59	0.12	-0.44	0.33	-0.3	0.33
Other Current Assets	-0.38	0.01	-0.18	-0.11	-0.33	-0.41	0.07	-0.29	-0.06	-0.45	-0.23	-0.77	-0.26	-0.05	-0.19	0.0		0.09	-0.17	-0.07	-0.21	0.27	0.0	0.05	-0.05	0.05
Other Stockholder Equity	-0.17	0.24	0.17	0.67	-0.2	-0.23	0.42	-0.16	-0.41	-0.27	0.39	0.19	0.22	0.08	0.38	-0.51	0.09		0.47	-0.73	-0.01	0.61	-0.12	-0.44	0.72	-0.44
Total Liab	-0.34	-0.48	0.81	0.81	-0.49	-0.44	-0.31	-0.53	0.37	-0.41	0.46	0.47	-0.24	0.63	0.59	-0.61	-0.17	0.47		-0.42	-0.18	0.05	0.5	-0.48	0.01	-0.48
Property Plant And Equipment Gross	0.33	-0.08	-0.34	-0.33	0.33	0.28	-0.11	0.3	0.12	0.29	0.13	-0.34	0.11	-0.38	-0.66	0.79	-0.07	-0.73	-0.42		0.3	-0.1	-0.03	0.66	-0.65	0.66
Total Current Assets	0.87	0.68	-0.5	-0.18	0.83	0.65	0.31	0.82	-0.35	0.6	0.23	0.22	0.72	-0.55	-0.13	0.59	-0.21	-0.01	-0.18	0.3		0.18	-0.73	-0.18	0.33	-0.18
Accounts Payable	-0.05	0.35	-0.31	0.4	-0.06	-0.16	0.62	0.0	-0.6	-0.23	0.48	-0.33	0.36	-0.39	-0.24	0.12	0.27	0.61	0.05	-0.1	0.18		-0.3	0.12	0.37	0.12
Short Term Debt	-0.73	-0.99	0.84	0.42	-0.77	-0.68	-0.75	-0.83	0.8	-0.6	0.17	0.08	-0.86	0.82	0.23	-0.44	0.0	-0.12	0.5	-0.03	-0.73	-0.3		0.09	-0.64	0.09
Common Stock Total Equity	0.01	-0.17	-0.34	-0.16	0.04	0.15	0.21	0.05	-0.16	0.16	0.06	-0.43	-0.04	-0.48	-0.88	0.33	0.05	-0.44	-0.48	0.66	-0.18	0.12	0.09		-0.42	1.0
Short Term Investments	0.34	0.72	-0.29	0.14	0.35	0.34	0.71	0.4	-0.73	0.28	-0.02	0.3	0.56	-0.36	0.19	-0.3	-0.05	0.72	0.01	-0.65	0.33	0.37	-0.64	-0.42		-0.42
Common Stock	0.01	-0.17	-0.34	-0.16	0.04	0.15	0.21	0.05	-0.16	0.16	0.06	-0.43	-0.04	-0.48	-0.88	0.33	0.05	-0.44	-0.48	0.66	-0.18	0.12	0.09	1.0	-0.42

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Chicago Rivet Account Relationship Matchups

Chicago Rivet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.7M	31.2M	31.8M	33.6M	27.8M	29.0M
Other Current Liab	979.0K	720.4K	795.5K	748.8K	624.5K	1.1M
Total Current Liabilities	1.6M	1.5M	1.9M	1.7M	1.9M	2.2M
Total Stockholder Equity	29.2M	28.7M	29.0M	31.0M	26.0M	24.3M
Property Plant And Equipment Net	13.7M	13.2M	12.5M	11.9M	11.7M	10.6M
Net Debt	(1.4M)	(2.6M)	(2.0M)	(4.0M)	(1.4M)	(1.5M)
Retained Earnings	31.5M	31.0M	31.3M	33.3M	28.3M	25.6M
Cash	1.4M	2.6M	2.0M	4.0M	1.4M	2.4M
Non Current Assets Total	13.7M	13.2M	12.5M	11.9M	12.0M	10.7M
Non Currrent Assets Other	(13.7M)	(13.2M)	(926.1K)	(948.1K)	(853.3K)	(895.9K)
Cash And Short Term Investments	8.0M	7.3M	4.8M	6.7M	3.2M	6.1M
Net Receivables	4.6M	5.2M	5.6M	5.0M	4.4M	4.7M
Liabilities And Stockholders Equity	31.7M	31.2M	31.8M	33.6M	27.8M	29.0M
Non Current Liabilities Total	921.1K	943.1K	1.0M	926.1K	948.1K	0.0
Inventory	5.0M	5.2M	8.5M	9.1M	7.3M	5.4M
Other Current Assets	427.2K	469.7K	346.7K	931.9K	960.8K	1.3M
Total Liab	2.6M	2.5M	2.8M	2.6M	1.9M	3.5M
Property Plant And Equipment Gross	13.7M	13.2M	46.9M	45.3M	46.3M	48.6M
Total Current Assets	18.0M	18.1M	19.3M	21.8M	15.8M	18.3M
Accounts Payable	490.6K	466.4K	692.6K	697.2K	789.0K	791.1K
Short Term Investments	6.6M	4.7M	2.7M	2.7M	1.8M	1.7M
Property Plant Equipment	13.7M	13.2M	12.5M	11.9M	13.6M	11.8M
Current Deferred Revenue	152.6K	249.5K	302.4K	203.7K	430.2K	227.3K
Net Tangible Assets	29.8M	29.2M	28.7M	29.0M	33.3M	29.6M
Retained Earnings Total Equity	31.2M	32.1M	31.5M	31.0M	35.7M	31.9M
Deferred Long Term Liab	737.1K	921.1K	943.1K	1.0M	910.0K	789.6K
Other Liab	943.1K	1.0M	926.1K	948.1K	853.3K	757.0K
Cash And Equivalents	1.4M	2.6M	2.0M	4.0M	4.7M	4.9M
Net Invested Capital	29.2M	28.7M	29.0M	31.0M	26.0M	23.1M
Net Working Capital	16.4M	16.6M	17.4M	20.1M	14.0M	13.6M

Pair Trading with Chicago Rivet

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 Chicago Rivet 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 Chicago Rivet will appreciate offsetting losses from the drop in the long position's value.

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

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

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

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Chicago Net Invested Capital vs Net Debt Analysis

Net Invested Capital vs Net Debt

Net Invested Capital vs Net Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Debt

Chicago Rivet fundamental ratios Correlations

Chicago Rivet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chicago Rivet fundamental ratios Accounts

Pair Trading with Chicago Rivet

Additional Tools for Chicago Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.94	Total Assets

Cash	- 0.99	Net Debt
Short Term Debt	- 0.99	Short Long Term Debt Total
Common Stock	- 0.88	Non Current Liabilities Total
Common Stock Total Equity	- 0.88	Non Current Liabilities Total
Short Term Debt	- 0.86	Net Receivables
Short Term Debt	- 0.83	Retained Earnings