CCC Total Assets vs Cash And Short Term Investments Analysis

CCCS Stock  USD 12.34  0.13  1.04%   
CCC Intelligent financial indicator trend analysis is way more than just evaluating CCC Intelligent Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCC Intelligent Solutions is a good investment. Please check the relationship between CCC Intelligent Total Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCC Intelligent Solutions Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CCC Intelligent's Total Assets and Cash And Short Term Investments is -0.14. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of CCC Intelligent Solutions, assuming nothing else is changed. The correlation between historical values of CCC Intelligent's Total Assets and Cash And Short Term Investments 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 Assets of CCC Intelligent Solutions are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., CCC Intelligent's Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of CCC Intelligent assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CCC Intelligent Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of CCC Intelligent Solutions balance sheet. This account contains CCC Intelligent investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CCC Intelligent Solutions fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from CCC Intelligent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCC Intelligent Solutions 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 CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, CCC Intelligent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 70.47 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit492.6M568.5M636.2M552.7M
Total Revenue688.3M782.4M866.4M789.0M

CCC Intelligent fundamental ratios Correlations

0.98-0.790.74-0.910.470.970.970.350.891.00.960.950.980.95-0.28-0.940.940.950.85-0.950.74-0.51-0.350.960.74
0.98-0.890.71-0.940.530.971.00.510.910.980.930.950.950.92-0.39-0.950.940.960.92-0.960.78-0.62-0.320.940.78
-0.79-0.89-0.490.9-0.58-0.83-0.91-0.77-0.86-0.78-0.76-0.8-0.72-0.730.580.84-0.8-0.86-0.960.84-0.720.780.17-0.79-0.72
0.740.71-0.49-0.510.180.650.740.260.470.760.560.70.850.57-0.19-0.510.510.520.48-0.520.43-0.32-0.20.510.43
-0.91-0.940.9-0.51-0.4-0.93-0.92-0.47-0.96-0.9-0.94-0.83-0.85-0.930.550.97-0.91-0.98-0.960.95-0.650.740.09-0.95-0.65
0.470.53-0.580.18-0.40.450.550.730.340.420.360.710.370.320.0-0.50.630.50.46-0.590.93-0.27-0.840.490.93
0.970.97-0.830.65-0.930.450.960.340.950.980.980.910.940.96-0.23-0.930.90.960.92-0.940.7-0.47-0.310.960.7
0.971.0-0.910.74-0.920.550.960.550.890.960.910.950.940.89-0.38-0.920.910.940.92-0.930.78-0.62-0.330.910.78
0.350.51-0.770.26-0.470.730.340.550.330.320.220.520.30.18-0.57-0.430.460.410.56-0.460.68-0.71-0.280.330.68
0.890.91-0.860.47-0.960.340.950.890.330.90.960.780.830.95-0.37-0.920.850.960.96-0.910.57-0.56-0.10.930.57
1.00.98-0.780.76-0.90.420.980.960.320.90.960.930.990.96-0.27-0.930.910.940.85-0.930.7-0.49-0.310.950.7
0.960.93-0.760.56-0.940.360.980.910.220.960.960.860.911.0-0.26-0.960.910.980.88-0.950.63-0.47-0.230.980.63
0.950.95-0.80.7-0.830.710.910.950.520.780.930.860.920.84-0.2-0.890.940.90.79-0.930.91-0.48-0.580.90.91
0.980.95-0.720.85-0.850.370.940.940.30.830.990.910.920.91-0.26-0.880.870.880.78-0.880.67-0.47-0.30.890.67
0.950.92-0.730.57-0.930.320.960.890.180.950.961.00.840.91-0.26-0.950.910.970.86-0.940.61-0.47-0.210.980.61
-0.28-0.390.58-0.190.550.0-0.23-0.38-0.57-0.37-0.27-0.26-0.2-0.26-0.260.45-0.35-0.38-0.480.36-0.140.95-0.49-0.31-0.14
-0.94-0.950.84-0.510.97-0.5-0.93-0.92-0.43-0.92-0.93-0.96-0.89-0.88-0.950.45-0.98-0.99-0.90.99-0.750.660.26-0.99-0.75
0.940.94-0.80.51-0.910.630.90.910.460.850.910.910.940.870.91-0.35-0.980.960.83-0.990.85-0.59-0.440.970.85
0.950.96-0.860.52-0.980.50.960.940.410.960.940.980.90.880.97-0.38-0.990.960.93-0.990.74-0.61-0.280.990.74
0.850.92-0.960.48-0.960.460.920.920.560.960.850.880.790.780.86-0.48-0.90.830.93-0.890.64-0.68-0.110.880.64
-0.95-0.960.84-0.520.95-0.59-0.94-0.93-0.46-0.91-0.93-0.95-0.93-0.88-0.940.360.99-0.99-0.99-0.89-0.820.60.38-0.99-0.82
0.740.78-0.720.43-0.650.930.70.780.680.570.70.630.910.670.61-0.14-0.750.850.740.64-0.82-0.42-0.770.741.0
-0.51-0.620.78-0.320.74-0.27-0.47-0.62-0.71-0.56-0.49-0.47-0.48-0.47-0.470.950.66-0.59-0.61-0.680.6-0.42-0.23-0.54-0.42
-0.35-0.320.17-0.20.09-0.84-0.31-0.33-0.28-0.1-0.31-0.23-0.58-0.3-0.21-0.490.26-0.44-0.28-0.110.38-0.77-0.23-0.33-0.77
0.960.94-0.790.51-0.950.490.960.910.330.930.950.980.90.890.98-0.31-0.990.970.990.88-0.990.74-0.54-0.330.74
0.740.78-0.720.43-0.650.930.70.780.680.570.70.630.910.670.61-0.14-0.750.850.740.64-0.821.0-0.42-0.770.74
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CCC Intelligent Account Relationship Matchups

Thematic Opportunities

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Additional Tools for CCC Stock Analysis

When running CCC Intelligent's price analysis, check to measure CCC Intelligent'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 CCC Intelligent is operating at the current time. Most of CCC Intelligent's value examination focuses on studying past and present price action to predict the probability of CCC Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC Intelligent's price. Additionally, you may evaluate how the addition of CCC Intelligent to your portfolios can decrease your overall portfolio volatility.