Certara Other Current Liab vs Cash Analysis

CERT Stock

USD 11.21 0.06 0.53%

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 Other Current Liab and its Cash 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.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Certara Other Current Liab account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Certara's Other Current Liab and Cash is 0.82. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Certara, assuming nothing else is changed. The correlation between historical values of Certara's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Certara are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Certara's Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Other Current Liab

Cash

Cash refers to the most liquid asset of Certara, which is listed under current asset account on Certara balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Certara customers. The amounts must be unrestricted with restricted cash listed in a different Certara account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Over EBITDA is likely to gain to 144.46 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	16.8M	17.8M	22.9M	18.5M
Depreciation And Amortization	45.1M	52.5M	56.1M	50.3M

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	0.83	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	0.97	0.97	0.95	0.81	-0.91	0.95	-0.83	0.82
Short Long Term Debt Total	-0.93		-0.81	-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	-0.84	-0.84	-0.92	-0.87	1.0	-0.79	0.89	-0.9
Other Current Liab	0.83	-0.81		0.93	0.82	-0.58	0.81	0.61	0.71	-0.82	-0.9	0.44	0.82	0.7	-0.53	0.84	-0.81	0.82	0.86	0.79	0.95	0.82	-0.78	0.7	-0.91	0.69
Total Current Liabilities	0.93	-0.83	0.93		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	0.97	0.93	0.97	0.74	-0.79	0.87	-0.87	0.68
Total Stockholder Equity	0.99	-0.94	0.82	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	0.94	0.94	0.94	0.81	-0.92	0.93	-0.81	0.86
Other Liab	-0.58	0.79	-0.58	-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	-0.46	-0.49	-0.62	-0.74	0.83	-0.37	0.82	-0.59
Net Tangible Assets	0.93	-0.98	0.81	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	0.83	0.81	0.91	0.85	-0.97	0.79	-0.81	0.96
Property Plant And Equipment Net	0.9	-0.72	0.61	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	0.92	0.96	0.77	0.62	-0.7	0.99	-0.6	0.57
Current Deferred Revenue	0.8	-0.6	0.71	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	0.87	0.86	0.8	0.43	-0.55	0.82	-0.67	0.43
Net Debt	-0.93	0.99	-0.82	-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	-0.83	-0.81	-0.92	-0.86	0.98	-0.77	0.84	-0.96
Retained Earnings	-0.92	0.95	-0.9	-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	-0.88	-0.87	-0.97	-0.83	0.94	-0.78	0.98	-0.77
Accounts Payable	0.83	-0.83	0.44	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	0.7	0.76	0.64	0.69	-0.84	0.81	-0.52	0.81
Cash	0.9	-0.95	0.82	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	0.81	0.78	0.9	0.82	-0.94	0.76	-0.77	0.98
Non Current Assets Total	0.92	-0.77	0.7	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	0.95	0.99	0.84	0.67	-0.75	0.96	-0.75	0.54
Non Currrent Assets Other	-0.36	0.52	-0.53	-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	-0.3	-0.23	-0.41	-0.76	0.53	-0.2	0.42	-0.62
Other Assets	0.98	-0.9	0.84	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	0.95	0.95	0.95	0.74	-0.87	0.94	-0.8	0.79
Long Term Debt	-0.95	1.0	-0.81	-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	-0.86	-0.86	-0.92	-0.87	0.99	-0.81	0.87	-0.91
Cash And Short Term Investments	0.9	-0.95	0.82	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		0.81	0.78	0.9	0.82	-0.94	0.76	-0.77	0.98
Net Receivables	0.97	-0.84	0.86	0.97	0.94	-0.46	0.83	0.92	0.87	-0.83	-0.88	0.7	0.81	0.95	-0.3	0.95	-0.86	0.81		0.98	0.94	0.78	-0.81	0.96	-0.81	0.69
Good Will	0.97	-0.84	0.79	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	0.98		0.9	0.76	-0.82	0.98	-0.8	0.65
Common Stock Total Equity	0.95	-0.92	0.95	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	0.94	0.9		0.8	-0.89	0.84	-0.92	0.79
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	-0.78	-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	-0.81	-0.82	-0.89	-0.87		-0.76	0.88	-0.9
Capital Lease Obligations	0.95	-0.79	0.7	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	0.96	0.98	0.84	0.69	-0.76		-0.67	0.65
Inventory	-0.83	0.89	-0.91	-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	-0.81	-0.8	-0.92	-0.83	0.88	-0.67		-0.66
Other Current Assets	0.82	-0.9	0.69	0.68	0.86	-0.59	0.96	0.57	0.43	-0.96	-0.77	0.81	0.98	0.54	-0.62	0.79	-0.91	0.98	0.69	0.65	0.79	0.76	-0.9	0.65	-0.66

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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	32.1M	29.5M	33.2M	55.8M	36.3M
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	78.3M	88.8M	93.3M	76.4M
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	21.1M	10.6M	16.9M	12.0M	11.7M
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
Short Term Debt	4.3M	5.2M	8.4M	8.0M	7.4M	6.7M
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

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