Civeo Corp Stock Total Asset

CVEO Stock  USD 27.41  0.01  0.04%   
Civeo Corp fundamentals help investors to digest information that contributes to Civeo Corp's financial success or failures. It also enables traders to predict the movement of Civeo Stock. The fundamental analysis module provides a way to measure Civeo 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 Civeo Corp stock.
Last ReportedProjected for Next Year
Total Assets548.1 M894.7 M
Intangibles To Total Assets 0.16  0.10 
As of the 10th of October 2024, Total Assets is likely to grow to about 894.7 M, while Intangibles To Total Assets are likely to drop 0.10.
  
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Civeo Corp Company Total Asset Analysis

Civeo Corp's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Civeo Corp Total Asset

    
  548.06 M  
Most of Civeo Corp's fundamental indicators, such as Total Asset, 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, Civeo Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Civeo Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Civeo Corp is extremely important. It helps to project a fair market value of Civeo Stock properly, considering its historical fundamentals such as Total Asset. Since Civeo 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 Civeo 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 Civeo Corp's interrelated accounts and indicators.
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Civeo Total Asset Historical Pattern

Today, most investors in Civeo Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Civeo Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Civeo Corp total asset as a starting point in their analysis.
   Civeo Corp Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Civeo Total Assets

Total Assets

894.69 Million

At this time, Civeo Corp's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Civeo Corp has a Total Asset of 548.06 M. This is 86.32% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The total asset for all United States stocks is 98.14% higher than that of the company.

Civeo Total Asset Peer Comparison

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

Civeo 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, Civeo Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Civeo Corp's managers, analysts, and investors.
Environmental
Governance
Social

Civeo Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Civeo Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Civeo Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Civeo Corp's value.
Shares
Jb Capital Partners Lp2024-06-30
193.8 K
Bridgeway Capital Management, Llc2024-06-30
168.3 K
Hillsdale Investment Management Inc.2024-06-30
147.5 K
Boston Partners Global Investors, Inc2024-06-30
123.8 K
Two Sigma Advisers, Llc2024-06-30
107 K
Uniplan Investment Counsel, Inc.2024-06-30
103.5 K
Two Sigma Investments Llc2024-06-30
92.4 K
Empowered Funds, Llc2024-06-30
91 K
Balyasny Asset Management Llc2024-06-30
86.4 K
Horizon Asset Management Inc/ny2024-06-30
3.3 M
Fmr Inc2024-06-30
1.5 M

Civeo Fundamentals

About Civeo Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Civeo Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Civeo Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Civeo 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.

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

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Moving against Civeo Stock

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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 CorrelationCorrelation 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:
Check out Civeo Corp Piotroski F Score and Civeo Corp Altman Z Score analysis.
To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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
1
Earnings Share
2.35
Revenue Per Share
48.354
Quarterly Revenue Growth
0.055
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.