CoreCard Total Current Assets vs Short Long Term Debt Total Analysis
CCRD Stock | USD 20.98 0.38 1.78% |
CoreCard Corp financial indicator trend analysis is way more than just evaluating CoreCard Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CoreCard Corp is a good investment. Please check the relationship between CoreCard Corp Total Current Assets and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCard 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 metropolitan statistical area. For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.
Total Current Assets vs Short Long Term Debt Total
Total Current Assets vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CoreCard Corp Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between CoreCard Corp's Total Current Assets and Short Long Term Debt Total is 0.63. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of CoreCard Corp, assuming nothing else is changed. The correlation between historical values of CoreCard Corp's Total Current Assets and Short Long Term Debt Total 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 Current Assets of CoreCard Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., CoreCard Corp's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Long Term Debt Total
Most indicators from CoreCard Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CoreCard Corp 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 CoreCard 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 metropolitan statistical area. For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.At present, CoreCard Corp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.18, whereas Discontinued Operations is projected to grow to (2.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 25.3M | 37.1M | 19.4M | 11.9M | Total Revenue | 48.2M | 69.8M | 56.0M | 28.6M |
CoreCard Corp fundamental ratios Correlations
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CoreCard Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CoreCard Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.2M | 57.0M | 58.1M | 63.2M | 63.8M | 67.0M | |
Other Current Liab | 1.3M | 7.1M | 4.8M | 4.4M | 5.7M | 6.0M | |
Total Current Liabilities | 6.2M | 10.1M | 10.9M | 7.5M | 9.5M | 6.8M | |
Total Stockholder Equity | 37.3M | 44.2M | 43.9M | 52.8M | 52.7M | 55.3M | |
Property Plant And Equipment Net | 2.2M | 6.9M | 10.4M | 12.0M | 11.3M | 11.9M | |
Net Debt | (26.0M) | (36.0M) | (26.5M) | (18.4M) | (25.8M) | (24.5M) | |
Retained Earnings | 21.8M | 30.0M | 39.0M | 52.9M | 56.3M | 59.1M | |
Cash | 26.4M | 38.0M | 29.2M | 20.4M | 26.9M | 28.3M | |
Non Current Assets Total | 8.2M | 14.5M | 21.3M | 20.9M | 19.3M | 20.3M | |
Non Currrent Assets Other | 2.9M | 5.7M | 4.6M | 3.7M | 3.9M | 4.4M | |
Cash And Short Term Investments | 26.4M | 38.0M | 29.2M | 25.4M | 32.1M | 33.8M | |
Net Receivables | 8.8M | 3.3M | 5.9M | 13.2M | 7.5M | 5.8M | |
Common Stock Shares Outstanding | 9.0M | 9.0M | 8.8M | 8.6M | 8.5M | 8.0M | |
Liabilities And Stockholders Equity | 44.2M | 57.0M | 58.1M | 63.2M | 63.8M | 67.0M | |
Non Current Liabilities Total | 758K | 2.8M | 3.4M | 2.9M | 1.6M | 1.4M | |
Other Current Assets | 905K | 1.3M | 1.7M | 3.7M | 4.8M | 5.0M | |
Other Stockholder Equity | 15.5M | 14.2M | 4.9M | (191K) | (3.7M) | (3.6M) | |
Total Liab | 7.0M | 12.9M | 14.3M | 10.5M | 11.1M | 7.7M | |
Property Plant And Equipment Gross | 2.2M | 6.9M | 19.3M | 26.3M | 31.8M | 33.4M | |
Total Current Assets | 36.1M | 42.5M | 36.8M | 42.3M | 44.5M | 46.7M | |
Accumulated Other Comprehensive Income | (94K) | (140K) | (194K) | (61K) | 32K | 33.6K | |
Short Term Debt | 1.5M | 3.8M | 3.2M | 3.6M | 3.2M | 2.5M | |
Accounts Payable | 403K | 714K | 2.8M | 2.0M | 1.6M | 1.2M | |
Other Assets | 2.0M | 7.6M | 4.6M | 185K | 212.8K | 202.1K | |
Property Plant Equipment | 2.2M | 6.9M | 10.4M | 12.0M | 13.8M | 14.5M | |
Other Liab | 298K | 818K | 713K | 945K | 850.5K | 668.0K | |
Current Deferred Revenue | 689K | 1.3M | 2.3M | 1.1M | 2.3M | 1.4M | |
Retained Earnings Total Equity | 21.8M | 30.0M | 39.0M | 52.9M | 60.9M | 63.9M | |
Deferred Long Term Liab | 298K | 818K | 713K | 945K | 1.1M | 1.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CoreCard Corp is a strong investment it is important to analyze CoreCard Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CoreCard Corp's future performance. For an informed investment choice regarding CoreCard Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCard 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 metropolitan statistical area. For information on how to trade CoreCard Stock refer to our How to Trade CoreCard Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software 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 CoreCard Corp. If investors know CoreCard 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 CoreCard 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 (0.50) | Earnings Share 0.49 | Revenue Per Share 6.705 | Quarterly Revenue Growth 0.172 | Return On Assets 0.0469 |
The market value of CoreCard Corp is measured differently than its book value, which is the value of CoreCard that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCard Corp's value that differs from its market value or its book value, called intrinsic value, which is CoreCard 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 CoreCard Corp's market value can be influenced by many factors that don't directly affect CoreCard 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 CoreCard Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCard Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCard 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.