Carriage Other Operating Expenses from 2010 to 2024
| CSV Stock | USD 26.89 0.27 1.01% |
Other Operating Expenses | First Reported 1996-09-30 | Previous Quarter 14.6 M | Current Value 82.5 M | Quarterly Volatility 15.9 M |
Check Carriage Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carriage main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.8 M, Interest Expense of 38.1 M or Selling General Administrative of 21.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.019 or PTB Ratio of 1.39. Carriage financial statements analysis is a perfect complement when working with Carriage Services Valuation or Volatility modules.
Carriage | Other Operating Expenses |
Latest Carriage Services' Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of Carriage Services over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Carriage Services. It is also known as Carriage Services overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Carriage Services' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carriage Services' overall financial position and show how it may be relating to other accounts over time.
| Other Operating Expenses | 10 Years Trend |
|
Other Operating Expenses |
| Timeline |
Carriage Other Operating Expenses Regression Statistics
| Arithmetic Mean | 205,313,944 | |
| Geometric Mean | 189,199,591 | |
| Coefficient Of Variation | 31.49 | |
| Mean Deviation | 45,281,519 | |
| Median | 197,996,000 | |
| Standard Deviation | 64,655,935 | |
| Sample Variance | 4180.4T | |
| Range | 264.6M | |
| R-Value | 0.79 | |
| Mean Square Error | 1707.4T | |
| R-Squared | 0.62 | |
| Significance | 0.0005 | |
| Slope | 11,390,722 | |
| Total Sum of Squares | 58525.5T |
Carriage Other Operating Expenses History
About Carriage Services Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Carriage Services income statement, its balance sheet, and the statement of cash flows. Carriage Services investors use historical funamental indicators, such as Carriage Services's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Carriage Services investors may use each financial statement separately, they are all related. The changes in Carriage Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carriage Services'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 Carriage Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carriage Services. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Operating Expenses | 300.4 M | 185.2 M |
Pair Trading with Carriage Services
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 Carriage Services 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 Carriage Services will appreciate offsetting losses from the drop in the long position's value.Moving together with Carriage Stock
| 0.66 | SG | Sweetgreen | PairCorr |
Moving against Carriage Stock
| 0.46 | EVRI | Everi Holdings Buyout Trend | PairCorr |
| 0.46 | BYD | Boyd Gaming | PairCorr |
The ability to find closely correlated positions to Carriage Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carriage Services 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 Carriage Services - 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 Carriage Services to buy it.
The correlation of Carriage Services 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 Carriage Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carriage Services 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 Carriage Services 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 the analysis of Carriage Services Correlation against competitors. For more information on how to buy Carriage Stock please use our How to Invest in Carriage Services guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Carriage Stock analysis
When running Carriage Services' price analysis, check to measure Carriage Services' 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 Carriage Services is operating at the current time. Most of Carriage Services' value examination focuses on studying past and present price action to predict the probability of Carriage Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carriage Services' price. Additionally, you may evaluate how the addition of Carriage Services to your portfolios can decrease your overall portfolio volatility.
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Is Carriage Services' industry 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 Carriage Services. If investors know Carriage 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 Carriage Services 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 (0.21) | Dividend Share 0.45 | Earnings Share 2.02 | Revenue Per Share 26.327 | Quarterly Revenue Growth 0.084 |
The market value of Carriage Services is measured differently than its book value, which is the value of Carriage that is recorded on the company's balance sheet. Investors also form their own opinion of Carriage Services' value that differs from its market value or its book value, called intrinsic value, which is Carriage Services' 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 Carriage Services' market value can be influenced by many factors that don't directly affect Carriage Services' 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 Carriage Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carriage Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carriage Services' 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.