Clarkson Net Receivables vs Property Plant Equipment Analysis

CKN Stock   4,035  20.00  0.50%   
Clarkson financial indicator trend analysis is way more than just evaluating Clarkson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clarkson is a good investment. Please check the relationship between Clarkson Net Receivables and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarkson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clarkson Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
Net ReceivablesProperty Plant EquipmentDiversified AwayNet ReceivablesProperty Plant EquipmentDiversified Away100%
The correlation between Clarkson's Net Receivables and Property Plant Equipment is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Clarkson, assuming nothing else is changed. The correlation between historical values of Clarkson's Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Clarkson are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Clarkson's Net Receivables and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Property Plant Equipment

Most indicators from Clarkson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clarkson 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 Clarkson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Clarkson's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2023 2024 (projected)
Interest Expense2.5M1.4M
Depreciation And Amortization8.2M4.9M

Clarkson fundamental ratios Correlations

0.260.760.930.950.82-0.850.940.350.90.840.320.890.80.770.360.740.130.070.940.840.91-0.420.820.63-0.07
0.26-0.120.060.360.25-0.10.150.50.090.40.520.070.480.01-0.140.330.430.60.110.20.09-0.070.460.560.61
0.76-0.120.930.540.71-0.870.87-0.240.930.340.040.940.380.740.510.65-0.34-0.540.930.760.93-0.190.410.13-0.48
0.930.060.930.780.77-0.950.960.120.990.580.120.990.590.810.410.68-0.04-0.220.990.810.99-0.360.620.37-0.36
0.950.360.540.780.72-0.70.820.540.740.950.40.740.860.670.30.640.30.30.790.730.75-0.390.880.770.12
0.820.250.710.770.72-0.590.80.060.720.70.410.710.690.640.280.97-0.19-0.10.840.990.74-0.60.710.410.06
-0.85-0.1-0.87-0.95-0.7-0.59-0.92-0.21-0.98-0.45-0.02-0.97-0.49-0.79-0.38-0.48-0.110.14-0.92-0.64-0.970.27-0.52-0.330.43
0.940.150.870.960.820.8-0.920.20.960.630.210.970.610.870.540.690.06-0.10.960.850.97-0.390.640.42-0.24
0.350.5-0.240.120.540.06-0.210.20.130.550.170.090.470.16-0.28-0.030.870.90.10.050.12-0.430.470.580.34
0.90.090.930.990.740.72-0.980.960.130.520.070.990.530.80.410.630.0-0.210.980.771.0-0.330.560.34-0.39
0.840.40.340.580.950.7-0.450.630.550.520.480.510.90.490.130.650.280.40.620.680.53-0.420.910.820.32
0.320.520.040.120.40.41-0.020.210.170.070.480.110.470.020.350.450.010.330.180.350.12-0.10.460.650.7
0.890.070.940.990.740.71-0.970.970.090.990.510.110.520.820.50.62-0.02-0.230.970.771.0-0.290.550.33-0.39
0.80.480.380.590.860.69-0.490.610.470.530.90.470.520.590.110.670.150.320.630.670.54-0.391.00.840.29
0.770.010.740.810.670.64-0.790.870.160.80.490.020.820.590.550.50.05-0.140.790.710.82-0.370.620.33-0.35
0.36-0.140.510.410.30.28-0.380.54-0.280.410.130.350.50.110.550.22-0.21-0.320.390.350.470.170.130.14-0.17
0.740.330.650.680.640.97-0.480.69-0.030.630.650.450.620.670.50.22-0.27-0.120.760.940.64-0.50.680.420.16
0.130.43-0.34-0.040.3-0.19-0.110.060.870.00.280.01-0.020.150.05-0.21-0.270.82-0.08-0.18-0.01-0.20.150.40.24
0.070.6-0.54-0.220.3-0.10.14-0.10.9-0.210.40.33-0.230.32-0.14-0.32-0.120.82-0.21-0.14-0.21-0.340.30.530.58
0.940.110.930.990.790.84-0.920.960.10.980.620.180.970.630.790.390.76-0.08-0.210.870.98-0.40.660.4-0.29
0.840.20.760.810.730.99-0.640.850.050.770.680.350.770.670.710.350.94-0.18-0.140.870.79-0.580.690.38-0.02
0.910.090.930.990.750.74-0.970.970.121.00.530.121.00.540.820.470.64-0.01-0.210.980.79-0.330.570.35-0.37
-0.42-0.07-0.19-0.36-0.39-0.60.27-0.39-0.43-0.33-0.42-0.1-0.29-0.39-0.370.17-0.5-0.2-0.34-0.4-0.58-0.33-0.4-0.150.01
0.820.460.410.620.880.71-0.520.640.470.560.910.460.551.00.620.130.680.150.30.660.690.57-0.40.840.26
0.630.560.130.370.770.41-0.330.420.580.340.820.650.330.840.330.140.420.40.530.40.380.35-0.150.840.55
-0.070.61-0.48-0.360.120.060.43-0.240.34-0.390.320.7-0.390.29-0.35-0.170.160.240.58-0.29-0.02-0.370.010.260.55
Click cells to compare fundamentals

Clarkson Account Relationship Matchups

Clarkson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets619.4M572.7M682.1M832.3M875.6M919.4M
Other Current Liab128.3M137.1M196.6M277M305.6M320.9M
Total Current Liabilities170.6M177.4M257.3M366.2M371.3M389.9M
Total Stockholder Equity377.5M324.1M356.9M409.7M452.6M475.2M
Property Plant And Equipment Net79M71.3M67.6M64.8M64.4M67.6M
Net Debt(112M)(117.2M)(207.8M)(336.8M)(355.7M)(337.9M)
Retained Earnings211.5M211.9M245.3M287.2M395.7M415.5M
Cash175.7M173.4M261.6M384.4M398.9M418.8M
Non Current Assets Total349.9M290.1M290.3M288.9M288.6M303.0M
Non Currrent Assets Other34.4M53.5M38.3M22.9M13.8M14.5M
Cash And Short Term Investments191.3M204.5M271.9M387.9M439M461.0M
Common Stock Shares Outstanding30.3M30.3M30.4M30.7M35.3M32.2M
Short Term Investments15.6M31.1M10.3M3.5M40.1M42.1M
Liabilities And Stockholders Equity619.4M572.7M682.1M832.3M875.6M919.4M
Non Current Liabilities Total68.2M66.9M63.2M52.9M47.7M50.1M
Other Current Assets10.9M15.3M15.4M22.4M22.9M29.4M
Other Stockholder Equity31.5M104.6M33.9M36.5M(17.3M)(16.4M)
Total Liab238.8M244.3M320.5M419.1M419M440.0M
Property Plant And Equipment Gross79M71.3M67.6M64.8M74.5M78.2M
Total Current Assets269.5M282.6M391.8M543.4M591M620.6M
Short Term Debt9.9M1.4M9.7M400K10.4M8.5M
Accumulated Other Comprehensive Income16.5M17.5M14.9M22.6M66.5M69.8M
Other Liab21.3M14.4M19.1M15.2M17.5M11.0M
Other Assets27.9M33M38.5M(4M)(4.6M)(4.4M)
Net Receivables72.4M72.1M112.9M130.7M125.8M132.1M
Property Plant Equipment79M71.3M67.6M64.8M74.5M78.2M
Good Will228.3M166.8M165.9M171.6M164.5M114.3M
Intangible Assets6.4M9.9M16.1M17.3M18.4M12.7M
Current Deferred Revenue9.2M8.3M8.2M9.5M11.5M12.1M
Net Tangible Assets137.2M139.3M141.2M173.7M199.8M137.3M
Inventory1.1M1.3M1.5M2.4M3.3M3.5M
Net Invested Capital378.8M324.2M356.9M409.7M368.7M309.3M
Net Working Capital98.9M105.2M134.5M177.2M203.8M129.6M

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Other Information on Investing in Clarkson Stock

Balance Sheet is a snapshot of the financial position of Clarkson at a specified time, usually calculated after every quarter, six months, or one year. Clarkson Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Clarkson and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Clarkson currently owns. An asset can also be divided into two categories, current and non-current.
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