Certara Long Term Debt vs Other Assets Analysis

CERT Stock

USD 16.98 0.21 1.22%

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

For more information on how to buy Certara Stock please use our How to Invest in Certara guide.

Long Term Debt vs Other Assets

Long Term Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Certara Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Certara's Long Term Debt and Other Assets is -0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Certara, assuming nothing else is changed. The correlation between historical values of Certara's Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Certara are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., Certara's Long Term Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Certara has held for over one year. Long-term debt appears on Certara balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Certara balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Assets

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

For more information on how to buy Certara Stock please use our How to Invest in Certara guide.At this time, Certara's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 4.9 B in 2024, despite the fact that Tax Provision is likely to grow to (5 M).

	2021	2022	2023	2024 (projected)
Interest Expense	16.8M	17.8M	22.9M	18.5M
Depreciation And Amortization	45.0M	56.5M	56.1M	51.0M

Interest Expense Depreciation And Amortization

Certara fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Total Assets		-0.93	0.87	0.93	0.99	-0.58	0.93	0.9	0.8	-0.93	-0.92	0.83	0.9	0.92	-0.36	0.98	-0.95	0.9	0.94	0.97	0.95	0.81	-0.91	0.95	-0.83	0.9
Short Long Term Debt Total	-0.93		-0.84	-0.83	-0.94	0.79	-0.98	-0.72	-0.6	0.99	0.95	-0.83	-0.95	-0.77	0.52	-0.9	1.0	-0.95	-0.82	-0.84	-0.92	-0.87	1.0	-0.79	0.89	-0.93
Other Current Liab	0.87	-0.84		0.95	0.86	-0.6	0.83	0.67	0.74	-0.85	-0.93	0.5	0.84	0.76	-0.5	0.89	-0.84	0.84	0.93	0.84	0.97	0.82	-0.81	0.76	-0.92	0.71
Total Current Liabilities	0.93	-0.83	0.95		0.91	-0.48	0.82	0.81	0.9	-0.83	-0.92	0.57	0.81	0.88	-0.29	0.93	-0.84	0.81	0.99	0.93	0.97	0.74	-0.79	0.87	-0.87	0.72
Total Stockholder Equity	0.99	-0.94	0.86	0.91		-0.58	0.95	0.88	0.74	-0.95	-0.91	0.85	0.94	0.88	-0.42	0.98	-0.96	0.94	0.91	0.94	0.94	0.81	-0.92	0.93	-0.81	0.94
Other Liab	-0.58	0.79	-0.6	-0.48	-0.58		-0.7	-0.31	-0.2	0.72	0.78	-0.54	-0.63	-0.45	0.51	-0.53	0.76	-0.63	-0.45	-0.49	-0.62	-0.74	0.83	-0.37	0.82	-0.6
Net Tangible Assets	0.93	-0.98	0.83	0.82	0.95	-0.7		0.71	0.57	-1.0	-0.9	0.84	0.99	0.72	-0.58	0.9	-0.98	0.99	0.81	0.81	0.91	0.85	-0.97	0.79	-0.81	0.97
Property Plant And Equipment Net	0.9	-0.72	0.67	0.81	0.88	-0.31	0.71		0.81	-0.7	-0.71	0.8	0.68	0.96	-0.11	0.89	-0.75	0.68	0.86	0.96	0.77	0.62	-0.7	0.99	-0.6	0.74
Current Deferred Revenue	0.8	-0.6	0.74	0.9	0.74	-0.2	0.57	0.81		-0.58	-0.73	0.42	0.56	0.88	0.15	0.79	-0.62	0.56	0.89	0.86	0.8	0.43	-0.55	0.82	-0.67	0.5
Net Debt	-0.93	0.99	-0.85	-0.83	-0.95	0.72	-1.0	-0.7	-0.58		0.92	-0.82	-0.99	-0.72	0.58	-0.9	0.99	-0.99	-0.82	-0.81	-0.92	-0.86	0.98	-0.77	0.84	-0.96
Retained Earnings	-0.92	0.95	-0.93	-0.92	-0.91	0.78	-0.9	-0.71	-0.73	0.92		-0.66	-0.87	-0.82	0.4	-0.89	0.95	-0.87	-0.89	-0.87	-0.97	-0.83	0.94	-0.78	0.98	-0.8
Accounts Payable	0.83	-0.83	0.5	0.57	0.85	-0.54	0.84	0.8	0.42	-0.82	-0.66		0.8	0.72	-0.38	0.79	-0.85	0.8	0.62	0.76	0.64	0.69	-0.84	0.81	-0.52	0.93
Cash	0.9	-0.95	0.84	0.81	0.94	-0.63	0.99	0.68	0.56	-0.99	-0.87	0.8		0.67	-0.61	0.9	-0.96	1.0	0.8	0.78	0.9	0.82	-0.94	0.76	-0.77	0.96
Non Current Assets Total	0.92	-0.77	0.76	0.88	0.88	-0.45	0.72	0.96	0.88	-0.72	-0.82	0.72	0.67		-0.08	0.89	-0.79	0.67	0.91	0.99	0.84	0.67	-0.75	0.96	-0.75	0.7
Non Currrent Assets Other	-0.36	0.52	-0.5	-0.29	-0.42	0.51	-0.58	-0.11	0.15	0.58	0.4	-0.38	-0.61	-0.08		-0.35	0.52	-0.61	-0.31	-0.23	-0.41	-0.76	0.53	-0.2	0.42	-0.52
Other Assets	0.98	-0.9	0.89	0.93	0.98	-0.53	0.9	0.89	0.79	-0.9	-0.89	0.79	0.9	0.89	-0.35		-0.91	0.9	0.92	0.95	0.95	0.74	-0.87	0.94	-0.8	0.88
Long Term Debt	-0.95	1.0	-0.84	-0.84	-0.96	0.76	-0.98	-0.75	-0.62	0.99	0.95	-0.85	-0.96	-0.79	0.52	-0.91		-0.96	-0.84	-0.86	-0.92	-0.87	0.99	-0.81	0.87	-0.94
Cash And Short Term Investments	0.9	-0.95	0.84	0.81	0.94	-0.63	0.99	0.68	0.56	-0.99	-0.87	0.8	1.0	0.67	-0.61	0.9	-0.96		0.8	0.78	0.9	0.82	-0.94	0.76	-0.77	0.96
Net Receivables	0.94	-0.82	0.93	0.99	0.91	-0.45	0.81	0.86	0.89	-0.82	-0.89	0.62	0.8	0.91	-0.31	0.92	-0.84	0.8		0.95	0.95	0.78	-0.78	0.91	-0.84	0.73
Good Will	0.97	-0.84	0.84	0.93	0.94	-0.49	0.81	0.96	0.86	-0.81	-0.87	0.76	0.78	0.99	-0.23	0.95	-0.86	0.78	0.95		0.9	0.76	-0.82	0.98	-0.8	0.78
Common Stock Total Equity	0.95	-0.92	0.97	0.97	0.94	-0.62	0.91	0.77	0.8	-0.92	-0.97	0.64	0.9	0.84	-0.41	0.95	-0.92	0.9	0.95	0.9		0.8	-0.89	0.84	-0.92	0.81
Common Stock Shares Outstanding	0.81	-0.87	0.82	0.74	0.81	-0.74	0.85	0.62	0.43	-0.86	-0.83	0.69	0.82	0.67	-0.76	0.74	-0.87	0.82	0.78	0.76	0.8		-0.87	0.69	-0.83	0.76
Non Current Liabilities Total	-0.91	1.0	-0.81	-0.79	-0.92	0.83	-0.97	-0.7	-0.55	0.98	0.94	-0.84	-0.94	-0.75	0.53	-0.87	0.99	-0.94	-0.78	-0.82	-0.89	-0.87		-0.76	0.88	-0.92
Capital Lease Obligations	0.95	-0.79	0.76	0.87	0.93	-0.37	0.79	0.99	0.82	-0.77	-0.78	0.81	0.76	0.96	-0.2	0.94	-0.81	0.76	0.91	0.98	0.84	0.69	-0.76		-0.67	0.8
Inventory	-0.83	0.89	-0.92	-0.87	-0.81	0.82	-0.81	-0.6	-0.67	0.84	0.98	-0.52	-0.77	-0.75	0.42	-0.8	0.87	-0.77	-0.84	-0.8	-0.92	-0.83	0.88	-0.67		-0.67
Other Current Assets	0.9	-0.93	0.71	0.72	0.94	-0.6	0.97	0.74	0.5	-0.96	-0.8	0.93	0.96	0.7	-0.52	0.88	-0.94	0.96	0.73	0.78	0.81	0.76	-0.92	0.8	-0.67

Click cells to compare fundamentals

Certara Account Relationship Matchups

Certara fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.0B	1.3B	1.5B	1.6B	1.6B	1.5B
Short Long Term Debt Total	401.4M	299.4M	303.0M	308.1M	298.2M	269.1M
Other Current Liab	27.6M	33.3M	36.3M	35.4M	61.2M	39.1M
Total Current Liabilities	63.0M	75.3M	92.2M	103.2M	130.0M	97.0M
Total Stockholder Equity	492.0M	822.1M	1.0B	1.1B	1.0B	912.1M
Other Liab	83.3M	76.4M	77.7M	90.0M	81.0M	66.5M
Net Tangible Assets	(450.9M)	(92.9M)	(173.3M)	(124.9M)	(143.6M)	(150.8M)
Property Plant And Equipment Net	4.6M	3.9M	15.6M	16.8M	12.3M	10.7M
Current Deferred Revenue	26.2M	30.7M	45.5M	52.2M	60.7M	46.3M
Net Debt	372.1M	28.0M	117.2M	71.5M	63.2M	60.1M
Retained Earnings	(12.9M)	(62.3M)	(75.6M)	(60.9M)	(116.2M)	(110.4M)
Accounts Payable	4.9M	6.4M	7.5M	7.5M	5.2M	6.7M
Cash	29.3M	271.4M	185.8M	236.6M	235.0M	177.8M
Non Current Assets Total	949.5M	922.8M	1.2B	1.2B	1.2B	1.2B
Non Currrent Assets Other	1.1M	1.2M	2.2M	1.9M	1.9M	1.9M
Other Assets	1.9M	3.9M	6.2M	5.6M	6.4M	4.3M
Long Term Debt	397.1M	294.1M	291.7M	290.0M	288.2M	262.1M
Cash And Short Term Investments	29.3M	271.4M	185.8M	236.6M	235.0M	177.8M
Net Receivables	52.4M	54.1M	69.6M	82.6M	93.3M	73.6M
Good Will	515.0M	518.6M	703.4M	717.7M	716.3M	675.6M
Common Stock Shares Outstanding	157.3M	153.0M	149.8M	159.4M	158.9M	167.0M
Liabilities And Stockholders Equity	1.0B	1.3B	1.5B	1.6B	1.6B	1.5B
Non Current Liabilities Total	482.0M	371.9M	377.7M	390.1M	386.3M	333.5M
Capital Lease Obligations	48K	593K	13.6M	15.1M	11.3M	7.5M
Inventory	4.3M	1.9M	827K	3.1M	(4.5M)	(4.2M)
Other Current Assets	1.6M	19.2M	18.5M	20.0M	12.0M	13.4M
Other Stockholder Equity	509.2M	884.5M	1.1B	1.1B	1.2B	978.5M
Total Liab	545.0M	447.3M	469.9M	493.3M	516.3M	404.1M
Net Invested Capital	893.4M	1.1B	1.3B	1.4B	1.3B	1.3B
Property Plant And Equipment Gross	4.6M	3.9M	15.6M	16.8M	18.9M	12.0M
Total Current Assets	87.5M	346.6M	274.7M	342.3M	340.2M	267.7M
Accumulated Other Comprehensive Income	(5.5M)	(1.6M)	(3.9M)	(8.2M)	(7.6M)	(8.0M)
Net Working Capital	24.5M	271.2M	182.5M	239.1M	210.2M	170.7M
Intangible Assets	428.0M	396.4M	511.8M	486.8M	487.0M	507.8M
Property Plant Equipment	4.6M	3.9M	15.6M	2.4M	2.8M	2.6M

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

0.68	DH	Definitive Healthcare	Pair Corr
0.66	ENOV	Enovis Corp	Pair Corr

Moving against Certara Stock

0.59	HAE	Haemonetics	Pair Corr
0.53	GCTK	GlucoTrack	Pair Corr
0.53	JYNT	Joint Corp	Pair Corr
0.47	WGS	GeneDx Holdings Corp	Pair Corr
0.36	LMAT	LeMaitre Vascular	Pair Corr

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.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC