Certara Total Assets vs Net Debt Analysis
CERT Stock | USD 16.08 0.39 2.37% |
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 Total Assets and its Net Debt 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 tightly coupled 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.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Certara Total Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Certara's Total Assets and Net Debt is -0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Certara, assuming nothing else is changed. The correlation between historical values of Certara's Total Assets 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 Total Assets of Certara 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 Total Assets i.e., Certara's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Certara assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Certara books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 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 tightly coupled 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 |
Certara fundamental ratios Correlations
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Certara Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 against Certara Stock
0.46 | DYNT | Dynatronics Fiscal Year End 26th of September 2024 | 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.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 tightly coupled 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.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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Is Certara's 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 Certara. If investors know Certara 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 Certara 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 (0.14) | Earnings Share (0.39) | Revenue Per Share 2.265 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0124 |
The market value of Certara is measured differently than its book value, which is the value of Certara that is recorded on the company's balance sheet. Investors also form their own opinion of Certara's value that differs from its market value or its book value, called intrinsic value, which is Certara'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 Certara's market value can be influenced by many factors that don't directly affect Certara'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 Certara's value and its price as these two are different measures arrived at by different means. Investors typically determine if Certara is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Certara'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.