Civeo Historical Financial Ratios
CVEO Stock | USD 23.94 0.02 0.08% |
Civeo Corp is presently reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0215, PTB Ratio of 0.91 or Days Sales Outstanding of 49.61 will help investors to properly organize and evaluate Civeo Corp financial condition quickly.
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About Civeo Financial Ratios Analysis
Civeo CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Civeo Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Civeo financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Civeo Corp history.
Civeo Corp Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Civeo Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Civeo Corp sales, a figure that is much harder to manipulate than other Civeo Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Civeo Corp dividend as a percentage of Civeo Corp stock price. Civeo Corp dividend yield is a measure of Civeo Corp stock productivity, which can be interpreted as interest rate earned on an Civeo Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Civeo Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 Payables Turnover is very stable compared to the past year. As of the 22nd of November 2024, POCF Ratio is likely to grow to 4.14, while Dividend Yield is likely to drop 0.02.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0218 | 0.0251 | 0.0215 | Price To Sales Ratio | 0.62 | 0.49 | 0.88 |
Civeo Corp fundamentals Correlations
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Civeo Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Civeo Corp fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.48 | 0.41 | 0.37 | 0.62 | 0.49 | 0.88 | |
Dividend Yield | 0.00858 | 0.009608 | 0.007056 | 0.0218 | 0.0251 | 0.0215 | |
Ptb Ratio | 0.44 | 0.52 | 0.75 | 1.45 | 1.06 | 0.91 | |
Days Sales Outstanding | 68.84 | 61.86 | 70.52 | 62.71 | 74.59 | 49.61 | |
Book Value Per Share | 35.26 | 26.57 | 25.51 | 21.69 | 21.67 | 20.59 | |
Free Cash Flow Yield | 0.17 | 0.21 | 0.55 | 0.27 | 0.15 | 0.19 | |
Operating Cash Flow Per Share | 5.35 | 8.31 | 6.22 | 6.55 | 6.48 | 6.15 | |
Capex To Depreciation | 0.24 | 0.1 | 0.19 | 0.29 | 0.42 | 0.68 | |
Pb Ratio | 0.44 | 0.52 | 0.75 | 1.45 | 1.06 | 0.91 | |
Ev To Sales | 1.12 | 0.87 | 0.77 | 0.82 | 0.59 | 0.56 | |
Free Cash Flow Per Share | 3.21 | 7.59 | 5.13 | 4.74 | 4.36 | 6.78 | |
Roic | (0.0155) | 0.0264 | 0.0216 | 0.0382 | 0.0754 | 0.0792 | |
Inventory Turnover | 62.42 | 61.82 | 67.48 | 74.86 | 86.71 | 46.31 | |
Net Income Per Share | (4.19) | (9.4) | 0.18 | 0.45 | 2.02 | 2.12 | |
Days Of Inventory On Hand | 5.85 | 5.9 | 5.41 | 4.88 | 4.21 | 4.0 | |
Payables Turnover | 9.92 | 9.09 | 8.85 | 10.12 | 10.31 | 12.07 | |
Capex To Revenue | 0.0565 | 0.019 | 0.0262 | 0.0365 | 0.0451 | 0.0429 | |
Cash Per Share | 0.94 | 0.24 | 0.44 | 0.57 | 0.22 | 0.21 | |
Pocfratio | 2.89 | 1.67 | 3.08 | 4.74 | 3.53 | 4.14 | |
Interest Coverage | (0.57) | 1.07 | 2.1 | 2.43 | 3.0 | 3.15 | |
Payout Ratio | (0.0317) | (0.0142) | 0.77 | 0.25 | 0.22 | 0.23 | |
Capex To Operating Cash Flow | 0.4 | 0.0859 | 0.18 | 0.28 | 0.33 | 0.45 | |
Pfcf Ratio | 4.82 | 1.83 | 3.74 | 6.56 | 5.25 | 4.98 | |
Days Payables Outstanding | 36.79 | 40.18 | 41.25 | 36.06 | 35.39 | 27.3 | |
Income Quality | (1.28) | (0.88) | 35.46 | 14.5 | 3.2 | 3.32 | |
Roe | (0.12) | (0.35) | 0.006907 | 0.0211 | 0.0942 | 0.0989 | |
Ev To Operating Cash Flow | 7.93 | 3.91 | 5.14 | 6.22 | 4.31 | 7.11 | |
Pe Ratio | (3.69) | (1.48) | 109.26 | 68.79 | 11.29 | 13.03 | |
Return On Tangible Assets | (0.078) | (0.21) | 0.004374 | 0.0133 | 0.0652 | 0.0685 | |
Ev To Free Cash Flow | 13.21 | 4.28 | 6.24 | 8.61 | 6.41 | 6.09 | |
Earnings Yield | (0.27) | (0.68) | 0.009152 | 0.0145 | 0.0885 | 0.093 | |
Net Debt To E B I T D A | 4.57 | (8.69) | 1.88 | 1.23 | 0.78 | 0.74 | |
Current Ratio | 1.19 | 1.02 | 1.15 | 1.2 | 1.53 | 2.1 | |
Tangible Book Value Per Share | 19.31 | 18.89 | 18.36 | 15.3 | 15.92 | 15.13 | |
Receivables Turnover | 5.3 | 5.9 | 5.18 | 5.82 | 4.89 | 6.61 | |
Graham Number | 57.62 | 74.88 | 10.01 | 14.77 | 31.27 | 29.71 | |
Shareholders Equity Per Share | 35.21 | 26.52 | 25.4 | 21.44 | 21.48 | 20.41 |
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
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.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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 1.38 | 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.