CorVel Total Liab vs Retained Earnings Analysis

CRVL Stock

USD 355.44 4.04 1.12%

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

For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CorVel Corp Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between CorVel Corp's Total Liab and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CorVel Corp, assuming nothing else is changed. The correlation between historical values of CorVel Corp's Total Liab and Retained Earnings 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 Liab of CorVel Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., CorVel Corp's Total Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.At this time, CorVel Corp's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 37.40 this year, although the value of Tax Provision will most likely fall to about 17.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	152.1M	158.3M	145.4M	78.6M
Total Revenue	646.2M	718.6M	795.3M	835.1M

Gross Profit Total Revenue

CorVel Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Good Will	Common Stock Total Equity
Total Assets		-0.2	0.56	0.98	0.98	0.91	-0.64	0.97	0.0	0.92	0.92	-0.3	0.92	0.71	0.08	0.5	0.25	-0.92	0.98	0.78	0.98	0.03	0.7	-0.31	0.29	0.62
Short Long Term Debt Total	-0.2		-0.3	-0.32	-0.13	-0.12	0.21	-0.25	0.43	-0.32	0.02	0.12	-0.32	0.28	0.49	0.07	0.21	0.5	-0.29	-0.39	-0.3	0.46	0.4	0.32	0.8	0.5
Other Current Liab	0.56	-0.3		0.58	0.59	0.4	-0.32	0.63	0.16	0.44	0.43	0.06	0.44	0.21	0.37	0.03	-0.06	-0.62	0.57	0.92	0.59	-0.2	0.16	-0.37	-0.07	0.34
Total Current Liabilities	0.98	-0.32	0.58		0.97	0.85	-0.68	0.98	-0.02	0.9	0.86	-0.33	0.9	0.67	0.04	0.38	0.11	-0.95	0.96	0.79	0.99	0.01	0.62	-0.33	0.2	0.57
Total Stockholder Equity	0.98	-0.13	0.59	0.97		0.83	-0.74	0.97	0.03	0.9	0.86	-0.26	0.9	0.74	0.17	0.35	0.11	-0.86	0.93	0.78	0.98	0.12	0.7	-0.32	0.36	0.69
Property Plant And Equipment Net	0.91	-0.12	0.4	0.85	0.83		-0.33	0.82	0.04	0.79	0.98	-0.26	0.79	0.63	0.0	0.79	0.59	-0.84	0.95	0.67	0.83	-0.06	0.71	-0.19	0.28	0.52
Net Debt	-0.64	0.21	-0.32	-0.68	-0.74	-0.33		-0.66	0.21	-0.8	-0.36	0.15	-0.8	-0.47	0.02	0.15	0.39	0.5	-0.54	-0.44	-0.75	-0.25	-0.36	0.24	-0.16	-0.41
Retained Earnings	0.97	-0.25	0.63	0.98	0.97	0.82	-0.66		0.0	0.84	0.85	-0.26	0.84	0.71	0.13	0.31	0.09	-0.93	0.94	0.82	0.97	0.07	0.65	-0.34	0.28	0.64
Accounts Payable	0.0	0.43	0.16	-0.02	0.03	0.04	0.21	0.0		-0.2	0.14	-0.07	-0.2	0.17	0.52	0.11	0.02	0.06	-0.04	-0.04	-0.08	-0.19	0.39	-0.2	0.39	0.46
Cash	0.92	-0.32	0.44	0.9	0.9	0.79	-0.8	0.84	-0.2		0.77	-0.28	1.0	0.54	-0.1	0.42	0.15	-0.81	0.9	0.68	0.94	0.02	0.52	-0.27	0.1	0.42
Non Current Assets Total	0.92	0.02	0.43	0.86	0.86	0.98	-0.36	0.85	0.14	0.77		-0.24	0.77	0.71	0.15	0.74	0.53	-0.81	0.93	0.66	0.83	0.02	0.82	-0.19	0.44	0.67
Non Currrent Assets Other	-0.3	0.12	0.06	-0.33	-0.26	-0.26	0.15	-0.26	-0.07	-0.28	-0.24		-0.28	-0.28	0.07	-0.16	0.07	0.3	-0.29	-0.02	-0.31	0.14	-0.1	0.22	-0.07	-0.15
Cash And Short Term Investments	0.92	-0.32	0.44	0.9	0.9	0.79	-0.8	0.84	-0.2	1.0	0.77	-0.28		0.54	-0.1	0.42	0.15	-0.81	0.9	0.68	0.94	0.02	0.52	-0.27	0.1	0.42
Net Receivables	0.71	0.28	0.21	0.67	0.74	0.63	-0.47	0.71	0.17	0.54	0.71	-0.28	0.54		0.02	0.33	0.15	-0.56	0.63	0.38	0.66	0.33	0.77	-0.14	0.69	0.87
Common Stock Shares Outstanding	0.08	0.49	0.37	0.04	0.17	0.0	0.02	0.13	0.52	-0.1	0.15	0.07	-0.1	0.02		-0.1	-0.11	0.06	0.02	0.19	0.05	-0.01	0.37	-0.22	0.51	0.47
Non Current Liabilities Total	0.5	0.07	0.03	0.38	0.35	0.79	0.15	0.31	0.11	0.42	0.74	-0.16	0.42	0.33	-0.1		0.88	-0.43	0.59	0.27	0.35	-0.25	0.52	-0.06	0.19	0.26
Other Current Assets	0.25	0.21	-0.06	0.11	0.11	0.59	0.39	0.09	0.02	0.15	0.53	0.07	0.15	0.15	-0.11	0.88		-0.17	0.35	0.16	0.1	-0.09	0.28	0.15	0.11	0.06
Other Stockholder Equity	-0.92	0.5	-0.62	-0.95	-0.86	-0.84	0.5	-0.93	0.06	-0.81	-0.81	0.3	-0.81	-0.56	0.06	-0.43	-0.17		-0.95	-0.82	-0.92	0.19	-0.51	0.4	-0.03	-0.42
Total Liab	0.98	-0.29	0.57	0.96	0.93	0.95	-0.54	0.94	-0.04	0.9	0.93	-0.29	0.9	0.63	0.02	0.59	0.35	-0.95		0.81	0.95	-0.07	0.64	-0.31	0.19	0.53
Property Plant And Equipment Gross	0.78	-0.39	0.92	0.79	0.78	0.67	-0.44	0.82	-0.04	0.68	0.66	-0.02	0.68	0.38	0.19	0.27	0.16	-0.82	0.81		0.8	-0.16	0.29	-0.38	-0.05	0.38
Total Current Assets	0.98	-0.3	0.59	0.99	0.98	0.83	-0.75	0.97	-0.08	0.94	0.83	-0.31	0.94	0.66	0.05	0.35	0.1	-0.92	0.95	0.8		0.04	0.6	-0.36	0.2	0.56
Short Term Debt	0.03	0.46	-0.2	0.01	0.12	-0.06	-0.25	0.07	-0.19	0.02	0.02	0.14	0.02	0.33	-0.01	-0.25	-0.09	0.19	-0.07	-0.16	0.04		0.17	0.54	0.45	0.25
Common Stock	0.7	0.4	0.16	0.62	0.7	0.71	-0.36	0.65	0.39	0.52	0.82	-0.1	0.52	0.77	0.37	0.52	0.28	-0.51	0.64	0.29	0.6	0.17		-0.13	0.8	0.88
Other Assets	-0.31	0.32	-0.37	-0.33	-0.32	-0.19	0.24	-0.34	-0.2	-0.27	-0.19	0.22	-0.27	-0.14	-0.22	-0.06	0.15	0.4	-0.31	-0.38	-0.36	0.54	-0.13		0.13	-0.16
Good Will	0.29	0.8	-0.07	0.2	0.36	0.28	-0.16	0.28	0.39	0.1	0.44	-0.07	0.1	0.69	0.51	0.19	0.11	-0.03	0.19	-0.05	0.2	0.45	0.8	0.13		0.86
Common Stock Total Equity	0.62	0.5	0.34	0.57	0.69	0.52	-0.41	0.64	0.46	0.42	0.67	-0.15	0.42	0.87	0.47	0.26	0.06	-0.42	0.53	0.38	0.56	0.25	0.88	-0.16	0.86

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CorVel Corp Account Relationship Matchups

CorVel Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	416.3M	424.8M	415.2M	393.9M	454.7M	477.4M
Other Current Liab	37.5M	42.3M	33.2M	20.1M	159.0M	167.0M
Total Current Liabilities	133.7M	162.5M	171.4M	167.9M	184.5M	193.7M
Total Stockholder Equity	189.7M	220.4M	212.4M	202.2M	247.6M	260.0M
Property Plant And Equipment Net	166.6M	115.9M	111.3M	110.5M	110.0M	115.4M
Net Debt	1.9M	(97.8M)	(54.4M)	(47.5M)	(74.2M)	(70.5M)
Retained Earnings	552.5M	598.9M	665.3M	731.7M	807.9M	848.3M
Accounts Payable	16.4M	13.6M	14.4M	15.3M	16.4M	12.0M
Cash	83.2M	139.7M	97.5M	71.3M	105.6M	110.8M
Non Current Assets Total	207.3M	155.8M	150.3M	150.2M	152.4M	160.1M
Non Currrent Assets Other	1.3M	345K	(21.6M)	1.4M	1.3M	1.4M
Cash And Short Term Investments	83.2M	139.7M	97.5M	71.3M	105.6M	110.8M
Net Receivables	76.8M	64.7M	82.6M	81.0M	97.1M	50.8M
Common Stock Shares Outstanding	18.6M	18.2M	18.1M	17.6M	17.3M	24.8M
Liabilities And Stockholders Equity	416.3M	424.8M	415.2M	393.9M	474.4M	498.1M
Non Current Liabilities Total	92.9M	41.9M	31.5M	23.9M	22.5M	12.9M
Other Current Assets	60.0B	64.5M	84.9M	91.4M	99.6M	94.6M
Other Stockholder Equity	(365.8M)	(381.5M)	(452.9M)	(532.5M)	(560.3M)	(532.3M)
Total Liab	226.5M	204.4M	202.9M	191.7M	226.8M	238.1M
Property Plant And Equipment Gross	166.6M	115.9M	111.3M	110.5M	332.9M	349.6M
Total Current Assets	209.0M	268.9M	265.0M	243.8M	302.2M	317.3M
Short Term Debt	13.2M	12.8M	13.3M	9.9M	8.9M	14.0M
Other Assets	1.3M	958K	481K	1.0	0.9	0.86
Intangible Assets	2.5M	2.1M	1.7M	1.2M	821K	780.0K
Property Plant Equipment	75.9M	88.0M	76.3M	82.8M	95.2M	50.3M
Current Deferred Revenue	66.6M	79.0M	95.6M	107M	30.0M	53.3M
Inventory	(7.2M)	(60.0B)	2.0	(91.3B)	(82.2B)	(78.1B)
Net Tangible Assets	150.4M	153.6M	173.9M	164.1M	188.7M	130.5M
Retained Earnings Total Equity	552.5M	598.9M	665.3M	731.7M	841.4M	513.9M
Capital Surpluse	168.9M	185.9M	201.6M	218.7M	251.5M	165.0M
Deferred Long Term Liab	4.8M	6.3M	7.8M	1.7M	1.5M	1.4M
Other Liab	4.8M	6.3M	7.8M	1.7M	1.5M	1.4M
Net Invested Capital	189.7M	220.4M	212.4M	202.2M	247.6M	226.0M
Net Working Capital	75.3M	106.5M	93.6M	75.9M	117.7M	99.5M

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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:

How To Invest In CorVel

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Is CorVel Stock a good investment?

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What is CorVel Corp's Net Worth?

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Largest Health Care Providers & Services Companies

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

For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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

4.62

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.

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CorVel Total Liab vs Retained Earnings Analysis

Total Liab vs Retained Earnings

Total Liab vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Liab

Retained Earnings

CorVel Corp fundamental ratios Correlations

CorVel Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CorVel Corp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets

Total Liab	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Total Current Liabilities
Other Stockholder Equity	- 0.93	Retained Earnings
Total Current Assets	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.92	Total Assets
Other Stockholder Equity	- 0.86	Total Stockholder Equity