Corvel Corp Stock Cash And Equivalents

CRVL Stock  USD 370.44  10.25  2.85%   
CorVel Corp fundamentals help investors to digest information that contributes to CorVel Corp's financial success or failures. It also enables traders to predict the movement of CorVel Stock. The fundamental analysis module provides a way to measure CorVel Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CorVel Corp stock.
  
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CorVel Corp Company Cash And Equivalents Analysis

CorVel Corp's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current CorVel Corp Cash And Equivalents

    
  94.31 M  
Most of CorVel Corp's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CorVel Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CorVel Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for CorVel Corp is extremely important. It helps to project a fair market value of CorVel Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since CorVel Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CorVel Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CorVel Corp's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

CorVel Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

(22.38 Million)

The company's current value of Cash And Cash Equivalents Changes is estimated at (22.38 Million)
In accordance with the recently published financial statements, CorVel Corp has 94.31 M in Cash And Equivalents. This is 99.72% lower than that of the Health Care Providers & Services sector and 96.42% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 96.51% higher than that of the company.

CorVel Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CorVel Corp's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CorVel Corp could also be used in its relative valuation, which is a method of valuing CorVel Corp by comparing valuation metrics of similar companies.
CorVel Corp is currently under evaluation in cash and equivalents category among its peers.

CorVel Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CorVel Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CorVel Corp's managers, analysts, and investors.
Environmental
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CorVel Fundamentals

About CorVel Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CorVel Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CorVel Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CorVel Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether CorVel Corp is a strong investment it is important to analyze CorVel 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 CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out CorVel Corp Piotroski F Score and CorVel Corp Altman Z Score analysis.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Providers & Services 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 CorVel Corp. If investors know CorVel 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 CorVel 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
0.174
Earnings Share
4.7
Revenue Per Share
49.398
Quarterly Revenue Growth
0.148
Return On Assets
0.1334
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel 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 CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel 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 CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel 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.