Civeo Stock Based Compensation vs Net Income Analysis

CVEO Stock

USD 22.87 0.49 2.10%

Civeo Corp financial indicator trend analysis is way more than just evaluating Civeo Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Civeo Corp is a good investment. Please check the relationship between Civeo Corp Stock Based Compensation and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo 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 income.

To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Civeo Corp Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Civeo Corp's Stock Based Compensation and Net Income is -0.56. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Civeo Corp, assuming nothing else is changed. The correlation between historical values of Civeo Corp's Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Civeo Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Civeo Corp's Stock Based Compensation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Civeo Corp financial statement analysis. It represents the amount of money remaining after all of Civeo Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Civeo Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Civeo 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 Civeo 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 income.

To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.At this time, Civeo Corp's Tax Provision is very stable compared to the past year. As of the 15th of December 2024, Enterprise Value is likely to grow to about 1.3 B, while Selling General Administrative is likely to drop about 65.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	13.0M	11.5M	13.2M	16.6M
Depreciation And Amortization	83.1M	87.2M	75.1M	98.9M

Interest Expense Depreciation And Amortization

Civeo Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity
Common Stock Shares Outstanding		0.53	0.62	0.56	0.54	-0.4	0.48	0.35	0.49	0.3	0.62	0.43	-0.19	0.39	0.76	0.45	0.01	0.45	0.45	-0.37	0.52	0.47	0.48	0.5	0.13	0.38
Total Assets	0.53		0.37	0.42	0.97	-0.18	0.32	0.9	0.76	0.76	0.9	0.88	-0.28	0.85	0.69	0.95	0.51	0.95	0.83	-0.14	0.99	0.92	0.95	0.75	0.68	0.2
Other Current Liab	0.62	0.37		0.84	0.33	-0.52	0.72	0.31	0.42	0.25	0.41	0.25	0.2	0.4	0.79	0.23	-0.03	0.24	0.37	-0.39	0.31	0.37	0.45	0.6	0.07	0.41
Total Current Liabilities	0.56	0.42	0.84		0.43	-0.74	0.89	0.4	0.51	0.12	0.49	0.46	0.39	0.31	0.76	0.21	-0.13	0.22	0.56	-0.55	0.34	0.37	0.51	0.77	-0.03	0.7
Total Stockholder Equity	0.54	0.97	0.33	0.43		-0.3	0.41	0.85	0.74	0.61	0.94	0.94	-0.33	0.71	0.71	0.9	0.33	0.9	0.81	-0.32	0.97	0.89	0.9	0.77	0.51	0.34
Other Liab	-0.4	-0.18	-0.52	-0.74	-0.3		-0.81	-0.16	-0.36	0.28	-0.38	-0.42	-0.21	0.13	-0.54	0.03	0.51	0.02	-0.33	0.79	-0.11	-0.09	-0.24	-0.57	0.41	-0.81
Accounts Payable	0.48	0.32	0.72	0.89	0.41	-0.81		0.32	0.42	-0.13	0.45	0.52	0.38	0.06	0.65	0.1	-0.39	0.11	0.45	-0.79	0.24	0.32	0.41	0.8	-0.25	0.81
Cash	0.35	0.9	0.31	0.4	0.85	-0.16	0.32		0.72	0.77	0.68	0.85	0.03	0.85	0.45	0.86	0.62	0.86	0.81	-0.03	0.86	0.89	0.98	0.8	0.75	0.07
Other Assets	0.49	0.76	0.42	0.51	0.74	-0.36	0.42	0.72		0.54	0.63	0.71	-0.02	0.65	0.63	0.71	0.31	0.72	0.7	-0.24	0.74	0.79	0.77	0.65	0.45	0.22
Long Term Debt	0.3	0.76	0.25	0.12	0.61	0.28	-0.13	0.77	0.54		0.52	0.44	-0.18	0.96	0.38	0.86	0.92	0.86	0.59	0.49	0.78	0.72	0.77	0.41	0.97	-0.37
Good Will	0.62	0.9	0.41	0.49	0.94	-0.38	0.45	0.68	0.63	0.52		0.84	-0.44	0.61	0.84	0.81	0.22	0.82	0.69	-0.35	0.9	0.73	0.78	0.72	0.39	0.48
Inventory	0.43	0.88	0.25	0.46	0.94	-0.42	0.52	0.85	0.71	0.44	0.84		-0.14	0.56	0.57	0.78	0.21	0.78	0.78	-0.44	0.85	0.83	0.87	0.84	0.39	0.43
Other Current Assets	-0.19	-0.28	0.2	0.39	-0.33	-0.21	0.38	0.03	-0.02	-0.18	-0.44	-0.14		-0.11	-0.23	-0.36	-0.06	-0.36	0.14	-0.04	-0.37	-0.11	-0.04	0.23	-0.11	0.07
Total Liab	0.39	0.85	0.4	0.31	0.71	0.13	0.06	0.85	0.65	0.96	0.61	0.56	-0.11		0.51	0.87	0.82	0.87	0.7	0.3	0.85	0.8	0.86	0.55	0.91	-0.17
Intangible Assets	0.76	0.69	0.79	0.76	0.71	-0.54	0.65	0.45	0.63	0.38	0.84	0.57	-0.23	0.51		0.57	0.02	0.58	0.59	-0.46	0.68	0.57	0.62	0.67	0.17	0.56
Property Plant Equipment	0.45	0.95	0.23	0.21	0.9	0.03	0.1	0.86	0.71	0.86	0.81	0.78	-0.36	0.87	0.57		0.66	1.0	0.77	0.08	0.97	0.91	0.89	0.61	0.79	-0.07
Short Long Term Debt Total	0.01	0.51	-0.03	-0.13	0.33	0.51	-0.39	0.62	0.31	0.92	0.22	0.21	-0.06	0.82	0.02	0.66		0.66	0.38	0.76	0.53	0.48	0.55	0.16	0.97	-0.58
Property Plant And Equipment Net	0.45	0.95	0.24	0.22	0.9	0.02	0.11	0.86	0.72	0.86	0.82	0.78	-0.36	0.87	0.58	1.0	0.66		0.77	0.08	0.97	0.91	0.9	0.61	0.79	-0.06
Current Deferred Revenue	0.45	0.83	0.37	0.56	0.81	-0.33	0.45	0.81	0.7	0.59	0.69	0.78	0.14	0.7	0.59	0.77	0.38	0.77		-0.2	0.79	0.83	0.84	0.77	0.52	0.2
Net Debt	-0.37	-0.14	-0.39	-0.55	-0.32	0.79	-0.79	-0.03	-0.24	0.49	-0.35	-0.44	-0.04	0.3	-0.46	0.08	0.76	0.08	-0.2		-0.08	-0.16	-0.13	-0.47	0.61	-0.82
Non Current Assets Total	0.52	0.99	0.31	0.34	0.97	-0.11	0.24	0.86	0.74	0.78	0.9	0.85	-0.37	0.85	0.68	0.97	0.53	0.97	0.79	-0.08		0.9	0.91	0.68	0.69	0.15
Non Currrent Assets Other	0.47	0.92	0.37	0.37	0.89	-0.09	0.32	0.89	0.79	0.72	0.73	0.83	-0.11	0.8	0.57	0.91	0.48	0.91	0.83	-0.16	0.9		0.92	0.74	0.65	0.03
Cash And Short Term Investments	0.48	0.95	0.45	0.51	0.9	-0.24	0.41	0.98	0.77	0.77	0.78	0.87	-0.04	0.86	0.62	0.89	0.55	0.9	0.84	-0.13	0.91	0.92		0.85	0.7	0.16
Net Receivables	0.5	0.75	0.6	0.77	0.77	-0.57	0.8	0.8	0.65	0.41	0.72	0.84	0.23	0.55	0.67	0.61	0.16	0.61	0.77	-0.47	0.68	0.74	0.85		0.33	0.53
Non Current Liabilities Total	0.13	0.68	0.07	-0.03	0.51	0.41	-0.25	0.75	0.45	0.97	0.39	0.39	-0.11	0.91	0.17	0.79	0.97	0.79	0.52	0.61	0.69	0.65	0.7	0.33		-0.47
Other Stockholder Equity	0.38	0.2	0.41	0.7	0.34	-0.81	0.81	0.07	0.22	-0.37	0.48	0.43	0.07	-0.17	0.56	-0.07	-0.58	-0.06	0.2	-0.82	0.15	0.03	0.16	0.53	-0.47

Click cells to compare fundamentals

Civeo Corp Account Relationship Matchups

Civeo Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	13.9M	14.1M	14.2M	14.0M	15.0M	15.1M
Total Assets	969.9M	740.9M	672.7M	566.2M	548.1M	894.7M
Other Current Liab	30.8M	28.7M	34.1M	47.6M	43.1M	34.5M
Total Current Liabilities	110.0M	116.8M	136.9M	128.3M	114.2M	115.8M
Total Stockholder Equity	490.1M	374.7M	361.5M	300.1M	320.2M	517.1M
Other Liab	26.0M	14.9M	14.7M	19.0M	17.1M	21.7M
Accounts Payable	37.0M	42.1M	49.3M	51.1M	58.7M	43.8M
Cash	3.3M	6.2M	6.3M	8.0M	3.3M	3.2M
Other Assets	1.3M	26.2M	5.4M	5.6M	5.0M	9.6M
Long Term Debt	321.8M	214M	142.6M	102.5M	65.6M	62.3M
Good Will	110.2M	8.7M	8.2M	7.7M	7.7M	7.3M
Inventory	5.9M	6.2M	6.5M	6.9M	7.0M	7.7M
Other Current Assets	7.9M	17.1M	29.6M	18.9M	21.7M	14.1M
Total Liab	479.1M	365.5M	309.6M	262.5M	225.0M	376.6M
Intangible Assets	111.8M	99.7M	93.6M	81.7M	78.0M	79.3M
Property Plant Equipment	590.3M	486.9M	408.3M	301.9M	271.7M	258.1M
Short Long Term Debt Total	378.1M	268.4M	188.6M	143.7M	79.2M	75.2M
Property Plant And Equipment Net	615.2M	509.5M	408.3M	317.6M	282.8M	268.7M
Current Deferred Revenue	7.2M	6.8M	18.5M	991K	4.8M	7.2M
Net Debt	374.8M	262.3M	182.3M	135.8M	75.9M	72.1M
Non Current Assets Total	838.5M	621.6M	515.5M	412.6M	372.8M	671.5M
Non Currrent Assets Other	1.3M	3.6M	5.4M	5.6M	4.3M	6.6M
Cash And Short Term Investments	3.3M	6.2M	6.3M	8.0M	3.3M	3.2M
Net Receivables	99.5M	89.8M	114.9M	119.8M	143.2M	84.4M
Liabilities And Stockholders Equity	969.9M	740.9M	672.7M	566.2M	548.1M	820.9M
Non Current Liabilities Total	369.1M	248.7M	172.7M	134.2M	110.8M	105.2M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B
Property Plant And Equipment Gross	615.2M	509.5M	408.3M	317.6M	1.5B	1.6B
Total Current Assets	131.4M	119.2M	157.2M	153.5M	175.2M	149.4M
Accumulated Other Comprehensive Income	(363.2M)	(349.0M)	(361.9M)	(385.2M)	(380.7M)	(399.8M)
Short Term Debt	35.1M	39.0M	34.8M	28.4M	3.8M	3.6M
Net Tangible Assets	210.0M	206.2M	197.7M	210.7M	189.6M	297.5M
Retained Earnings	(771.6M)	(907.7M)	(913.0M)	(930.1M)	(919.0M)	(965.0M)
Retained Earnings Total Equity	(771.6M)	(907.7M)	(913.0M)	(930.1M)	(837.1M)	(879.0M)
Long Term Debt Total	321.8M	214M	142.6M	102.5M	92.3M	87.6M
Capital Surpluse	1.6B	1.6B	1.6B	1.6B	1.9B	1.6B

Pair Trading with Civeo Corp

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 Civeo Corp 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 Civeo Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Civeo Stock

0.81

Franklin Covey

Pair Corr

Moving against Civeo Stock

0.91	VRSK	Verisk Analytics	Pair Corr
0.9	SQ	Block Inc	Pair Corr
0.9	EXLS	ExlService Holdings	Pair Corr
0.9	CBZ	CBIZ Inc	Pair Corr
0.88	AXR	AMREP	Pair Corr

The ability to find closely correlated positions to Civeo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Civeo Corp 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 Civeo Corp - 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 Civeo Corp to buy it.

The correlation of Civeo Corp 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 Civeo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Civeo Corp 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 Civeo Corp 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.

Pair Correlation Correlation Matching

When determining whether Civeo Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civeo Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civeo Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civeo Corp Stock:

How To Invest In Civeo

Details

Is Civeo Stock a good investment?

Details

What is Civeo Corp's Net Worth?

Details

Largest Commercial Services & Supplies Companies

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Largest Commercial & Professional Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo 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 income.

To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Commercial Services & Supplies 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 Civeo Corp. If investors know Civeo 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 Civeo 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

0.878

Dividend Share

Earnings Share

1.4

Revenue Per Share

48.289

Quarterly Revenue Growth

(0.04)

The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo 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 Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo 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 Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo 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.

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Civeo Stock Based Compensation vs Net Income Analysis

Stock Based Compensation vs Net Income

Stock Based Compensation vs Net Income Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Net Income

Civeo Corp fundamental ratios Correlations

Civeo Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Civeo Corp fundamental ratios Accounts

Pair Trading with Civeo Corp

Moving together with Civeo Stock

Moving against Civeo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.98	Cash
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Non Current Liabilities Total	+ 0.97	Long Term Debt

Other Stockholder Equity	- 0.82	Net Debt
Other Stockholder Equity	- 0.81	Other Liab
Accounts Payable	- 0.81	Other Liab
Net Debt	- 0.79	Accounts Payable
Other Liab	- 0.74	Total Current Liabilities
Other Stockholder Equity	- 0.58	Short Long Term Debt Total