Certara Non Current Liabilities Total from 2010 to 2024
| CERT Stock | USD 16.98 0.21 1.22% |
Non Current Liabilities Total | First Reported 2010-12-31 | Previous Quarter 386.3 M | Current Value 333.5 M | Quarterly Volatility 60 M |
Check Certara financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Certara's main balance sheet or income statement drivers, such as Depreciation And Amortization of 51 M, Interest Expense of 18.5 M or Selling General Administrative of 78.2 M, as well as many indicators such as Price To Sales Ratio of 7.5, Dividend Yield of 0.0 or PTB Ratio of 2.54. Certara financial statements analysis is a perfect complement when working with Certara Valuation or Volatility modules.
Certara | Non Current Liabilities Total |
Latest Certara's Non Current Liabilities Total Growth Pattern
Below is the plot of the Non Current Liabilities Total of Certara over the last few years. It is Certara's Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Certara's overall financial position and show how it may be relating to other accounts over time.
| Non Current Liabilities Total | 10 Years Trend |
|
Non Current Liabilities Total |
| Timeline |
Certara Non Current Liabilities Total Regression Statistics
| Arithmetic Mean | 452,062,342 | |
| Geometric Mean | 448,027,758 | |
| Coefficient Of Variation | 13.27 | |
| Mean Deviation | 53,447,010 | |
| Median | 493,273,000 | |
| Standard Deviation | 59,978,897 | |
| Sample Variance | 3597.5T | |
| Range | 159.8M | |
| R-Value | (0.83) | |
| Mean Square Error | 1190.9T | |
| R-Squared | 0.69 | |
| Significance | 0.0001 | |
| Slope | (11,161,650) | |
| Total Sum of Squares | 50364.6T |
Certara Non Current Liabilities Total History
About Certara Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Certara income statement, its balance sheet, and the statement of cash flows. Certara investors use historical funamental indicators, such as Certara's Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Certara investors may use each financial statement separately, they are all related. The changes in Certara's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Certara's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Certara Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Certara. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Current Liabilities Total | 386.3 M | 333.5 M |
Pair Trading with Certara
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 Certara 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 Certara will appreciate offsetting losses from the drop in the long position's value.Moving together with Certara Stock
Moving against Certara Stock
| 0.59 | HAE | Haemonetics | PairCorr |
| 0.53 | GCTK | GlucoTrack | PairCorr |
| 0.53 | JYNT | Joint Corp | PairCorr |
| 0.47 | WGS | GeneDx Holdings Corp | PairCorr |
| 0.36 | LMAT | LeMaitre Vascular | PairCorr |
The ability to find closely correlated positions to Certara could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Certara 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 Certara - 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 Certara to buy it.
The correlation of Certara 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 Certara moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Certara 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 Certara 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.Additional Tools for Certara Stock Analysis
When running Certara's price analysis, check to measure Certara'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 Certara is operating at the current time. Most of Certara's value examination focuses on studying past and present price action to predict the probability of Certara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Certara's price. Additionally, you may evaluate how the addition of Certara to your portfolios can decrease your overall portfolio volatility.