CLPS Current Deferred Revenue vs Common Stock Shares Outstanding Analysis

CLPS Stock  USD 1.11  0.01  0.91%   
CLPS financial indicator trend analysis is way more than just evaluating CLPS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CLPS Inc is a good investment. Please check the relationship between CLPS Current Deferred Revenue and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CLPS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Current Deferred Revenue vs Common Stock Shares Outstanding

Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CLPS Inc Current Deferred Revenue account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CLPS's Current Deferred Revenue and Common Stock Shares Outstanding is 0.84. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of CLPS Inc, assuming nothing else is changed. The correlation between historical values of CLPS's Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of CLPS Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., CLPS's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from CLPS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CLPS Inc 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 CLPS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Tax Provision is likely to drop slightly above 152.7 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit41.0M34.5M32.9M30.0M
Total Revenue152.0M150.4M142.8M102.0M

CLPS fundamental ratios Correlations

0.840.980.990.940.810.81-0.250.810.550.960.840.560.290.940.980.940.930.490.86-0.180.781.00.980.720.82
0.840.790.860.80.560.72-0.410.770.580.780.620.370.460.780.890.870.650.440.88-0.280.690.870.770.820.57
0.980.790.950.930.830.84-0.130.710.580.950.860.640.180.930.930.940.940.50.84-0.150.780.971.00.670.84
0.990.860.950.940.780.79-0.310.850.530.950.810.510.360.930.990.920.910.470.87-0.20.770.990.950.740.79
0.940.80.930.940.90.9-0.140.710.540.910.930.710.170.90.920.870.910.570.76-0.040.720.940.920.690.91
0.810.560.830.780.90.880.230.530.420.730.990.82-0.230.680.750.680.90.580.53-0.010.660.790.840.361.0
0.810.720.840.790.90.88-0.010.450.470.80.920.85-0.120.770.770.830.840.560.70.050.530.820.840.570.88
-0.25-0.41-0.13-0.31-0.140.23-0.01-0.43-0.18-0.370.190.28-0.78-0.4-0.34-0.3-0.050.34-0.35-0.010.11-0.28-0.11-0.440.21
0.810.770.710.850.710.530.45-0.430.330.710.530.090.550.690.880.680.640.150.67-0.550.790.80.70.60.53
0.550.580.580.530.540.420.47-0.180.330.590.450.580.330.580.510.60.40.250.560.180.450.560.570.380.43
0.960.780.950.950.910.730.8-0.370.710.590.780.580.330.990.920.930.90.370.820.00.630.950.950.70.75
0.840.620.860.810.930.990.920.190.530.450.780.84-0.180.740.780.740.90.60.59-0.010.680.820.870.450.99
0.560.370.640.510.710.820.850.280.090.580.580.84-0.350.540.470.580.660.560.430.360.320.560.640.250.83
0.290.460.180.360.17-0.23-0.12-0.780.550.330.33-0.18-0.350.380.40.34-0.03-0.080.47-0.250.270.320.150.61-0.22
0.940.780.930.930.90.680.77-0.40.690.580.990.740.540.380.90.920.870.390.820.020.610.940.930.740.7
0.980.890.930.990.920.750.77-0.340.880.510.920.780.470.40.90.920.870.460.88-0.270.790.980.920.770.76
0.940.870.940.920.870.680.83-0.30.680.60.930.740.580.340.920.920.820.510.95-0.160.70.940.930.820.69
0.930.650.940.910.910.90.84-0.050.640.40.90.90.66-0.030.870.870.820.490.7-0.020.640.920.950.510.9
0.490.440.50.470.570.580.560.340.150.250.370.60.56-0.080.390.460.510.490.590.110.460.520.50.610.58
0.860.880.840.870.760.530.7-0.350.670.560.820.590.430.470.820.880.950.70.59-0.220.680.890.820.90.54
-0.18-0.28-0.15-0.2-0.04-0.010.05-0.01-0.550.180.0-0.010.36-0.250.02-0.27-0.16-0.020.11-0.22-0.6-0.15-0.13-0.180.01
0.780.690.780.770.720.660.530.110.790.450.630.680.320.270.610.790.70.640.460.68-0.60.750.770.560.66
1.00.870.970.990.940.790.82-0.280.80.560.950.820.560.320.940.980.940.920.520.89-0.150.750.960.760.8
0.980.771.00.950.920.840.84-0.110.70.570.950.870.640.150.930.920.930.950.50.82-0.130.770.960.640.85
0.720.820.670.740.690.360.57-0.440.60.380.70.450.250.610.740.770.820.510.610.9-0.180.560.760.640.38
0.820.570.840.790.911.00.880.210.530.430.750.990.83-0.220.70.760.690.90.580.540.010.660.80.850.38
Click cells to compare fundamentals

CLPS Account Relationship Matchups

CLPS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.4M82.7M101.9M95.3M110.0M63.9M
Other Current Liab13.2M14.6M14.5M13.4M10.8M11.2M
Total Current Liabilities16.4M23.0M30.4M26.3M39.8M21.3M
Total Stockholder Equity27.3M56.7M66.6M64.6M62.5M39.7M
Net Tangible Assets24.1M53.2M63.2M63.9M73.4M77.1M
Property Plant And Equipment Net452.5K600.8K20.6M20.9M23.9M25.1M
Current Deferred Revenue755.2K326.9K587.1K918.5K1.1M1.2M
Net Debt(10.5M)(17.2M)(3.9M)(10.8M)(2.9M)(3.0M)
Retained Earnings123.7K6.9M11.4M5.0M(51.7K)(49.1K)
Accounts Payable268.7K559.5K343.6K690.0K949.1K581.8K
Cash12.7M24.7M18.4M22.2M29.1M16.3M
Non Current Assets Total4.4M5.1M24.5M22.4M32.0M33.6M
Non Currrent Assets Other(203.2K)(607.8K)(327.0K)252.7K594.6K624.3K
Other Assets560.7K447.6K1.5M575.5K334.6K0.95
Cash And Short Term Investments13.3M28.9M18.4M22.2M31.2M17.4M
Net Receivables25.8M44.1M53.8M48.9M42.3M32.0M
Good Will447.8K2.1M2.4M2.4M1.5M1.1M
Common Stock Shares Outstanding14.7M17.6M21.1M23.2M25.2M18.8M
Liabilities And Stockholders Equity45.4M82.7M101.9M95.3M110.0M63.9M
Non Current Liabilities Total22.6K9.6K3.7M3.5M6.3M6.6M
Other Current Assets1.5M2.5M8.8M1.7M4.5M3.1M
Other Stockholder Equity25.8M48.5M55.7M58.2M61.4M36.5M
Total Liab16.7M25.0M34.1M29.8M46.1M23.3M
Long Term Investments680.1K1.0M610.4K456.6K613.8K565.7K
Property Plant And Equipment Gross452.5K1.9M22.5M23.4M27.5M28.9M
Short Long Term Debt2.2M7.5M14.5M10.6M23.2M24.4M
Total Current Assets40.5M76.1M76.8M72.9M78.1M52.0M
Accumulated Other Comprehensive Income1.4M5.4M4.5M1.4M1.2M2.0M
Short Term Debt2.2M7.5M14.5M11.3M24.6M25.8M
Intangible Assets1.1M1.1M970.0K726.2K2.3M2.4M
Common Stock1.6K2.0K2.2K2.4K2.6K1.9K
Property Plant Equipment452.5K600.8K20.6M20.9M24.1M25.3M
Net Invested Capital29.5M64.2M81.0M75.1M85.7M52.7M

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Additional Tools for CLPS Stock Analysis

When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.