Clipper Total Current Assets vs Net Working Capital Analysis
CLPR Stock | USD 6.04 0.09 1.47% |
Clipper Realty financial indicator trend analysis is way more than just evaluating Clipper Realty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clipper Realty is a good investment. Please check the relationship between Clipper Realty Total Current Assets and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clipper Realty. 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. To learn how to invest in Clipper Stock, please use our How to Invest in Clipper Realty guide.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clipper Realty Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Clipper Realty's Total Current Assets and Net Working Capital is 0.5. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Clipper Realty, assuming nothing else is changed. The correlation between historical values of Clipper Realty's Total Current Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Clipper Realty are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Clipper Realty's Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Working Capital
Most indicators from Clipper Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clipper Realty 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 Clipper Realty. 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. To learn how to invest in Clipper Stock, please use our How to Invest in Clipper Realty guide.At this time, Clipper Realty's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/11/2024, Enterprise Value Multiple is likely to grow to 28.49, while Selling General Administrative is likely to drop slightly above 10 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 41.3M | 40.2M | 44.9M | 38.9M | Depreciation And Amortization | 95.7M | 102.1M | 105.0M | 110.3M |
Clipper Realty fundamental ratios Correlations
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Clipper Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clipper Realty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | |
Short Long Term Debt Total | 1.0B | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | |
Other Current Liab | (24.7M) | (24.2M) | (32.2M) | (1.2B) | (30.5M) | (32.0M) | |
Total Current Liabilities | 13.0M | 11.7M | 19.6M | 17.1M | 21.0M | 13.6M | |
Total Stockholder Equity | 57.2M | 39.5M | 26.5M | 14.1M | 2.7M | 2.6M | |
Other Liab | 13.5M | 12.5M | 13.0M | 13.8M | 12.4M | 11.4M | |
Net Tangible Assets | 48.5M | 31.7M | 26.5M | 14.1M | 12.7M | 12.1M | |
Net Debt | 955.4M | 1.0B | 1.1B | 1.1B | 1.2B | 999.7M | |
Accounts Payable | 13.0M | 11.7M | 19.6M | 17.1M | 21.0M | 13.5M | |
Cash | 42.5M | 72.1M | 34.5M | 18.2M | 36.2M | 33.7M | |
Non Current Assets Total | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | |
Non Currrent Assets Other | 1.6M | 2.8M | 3.0M | 2.9M | 2.7M | 2.6M | |
Other Assets | 30.7M | 1.1B | 1.2B | 1.2B | 1.2B | 1.3B | |
Long Term Debt | 997.9M | 1.1B | 1.1B | 1.2B | 1.2B | 1.0B | |
Cash And Short Term Investments | 42.5M | 72.1M | 34.5M | 18.2M | 36.2M | 33.7M | |
Net Receivables | 4.2M | 7.0M | 10.3M | 5.0M | 5.2M | 5.7M | |
Common Stock Shares Outstanding | 44.1M | 17.8M | 17.6M | 16.1M | 14.5M | 16.0M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | |
Non Current Liabilities Total | 1.0B | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B | |
Inventory | 14.4M | 17.0M | 17.7M | 12.5M | 14.4M | 13.6M | |
Other Current Assets | 14.5M | 11.2M | 15.6M | 13.7M | (41.4M) | (39.3M) | |
Other Stockholder Equity | 93.4M | 87.3M | 88.1M | 88.8M | 82.2M | 77.2M | |
Total Liab | 1.0B | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | |
Total Current Assets | 75.6M | 107.2M | 78.1M | 49.3M | 52.3M | 56.2M | |
Intangible Assets | 8.4M | 7.4M | 6.8M | 6.3M | 5.8M | 6.6M | |
Property Plant Equipment | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.1B | |
Retained Earnings | (36.4M) | (48.0M) | (61.7M) | (74.9M) | (86.9M) | (82.6M) | |
Long Term Debt Total | 997.9M | 1.1B | 1.1B | 1.2B | 1.3B | 1.0B | |
Capital Surpluse | 93.4M | 87.3M | 88.1M | 88.8M | 102.2M | 87.4M | |
Non Current Liabilities Other | 13.5M | 12.6M | 5.9M | 5.8M | 15.5M | 9.6M |
Pair Trading with Clipper Realty
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 Clipper Realty 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 Clipper Realty will appreciate offsetting losses from the drop in the long position's value.Moving against Clipper Stock
0.85 | AHT | Ashford Hospitality Trust | PairCorr |
0.51 | AHH | Armada Hflr Pr | PairCorr |
0.42 | PW | Power REIT | PairCorr |
0.36 | AMH | American Homes 4 | PairCorr |
0.33 | AIV | Apartment Investment and | PairCorr |
The ability to find closely correlated positions to Clipper Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clipper Realty 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 Clipper Realty - 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 Clipper Realty to buy it.
The correlation of Clipper Realty 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 Clipper Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clipper Realty 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 Clipper Realty 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.Additional Tools for Clipper Stock Analysis
When running Clipper Realty's price analysis, check to measure Clipper Realty'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 Clipper Realty is operating at the current time. Most of Clipper Realty's value examination focuses on studying past and present price action to predict the probability of Clipper Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clipper Realty's price. Additionally, you may evaluate how the addition of Clipper Realty to your portfolios can decrease your overall portfolio volatility.