Credit Short Term Debt vs Net Receivables Analysis

CCR Stock

0.35 0.01 2.78%

Credit Clear financial indicator trend analysis is way more than just evaluating Credit Clear prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credit Clear is a good investment. Please check the relationship between Credit Clear Short Term Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credit Clear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Clear Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Credit Clear's Short Term Debt and Net Receivables is 0.28. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Credit Clear, assuming nothing else is changed. The correlation between historical values of Credit Clear's Short Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Credit Clear are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., Credit Clear's Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Net Receivables

Most indicators from Credit Clear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Credit Clear 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 Credit Clear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Credit Clear's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 26.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	143K	139K	397K	416.9K
Depreciation And Amortization	3.9M	6.1M	6.6M	7.0M

Interest Expense Depreciation And Amortization

Credit Clear fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Other Assets
Total Assets		0.88	0.98	0.98	1.0	0.94	0.64	-0.89	-0.97	0.93	0.9	1.0	-0.41	0.91	0.91	0.99	0.85	0.85	0.94	0.98	0.92	0.21	0.8	1.0	0.86	0.98
Short Long Term Debt Total	0.88		0.87	0.88	0.87	0.97	0.35	-0.66	-0.89	0.77	0.73	0.88	-0.3	0.77	0.79	0.88	0.9	0.88	0.92	0.92	0.78	0.4	0.61	0.88	0.88	0.86
Other Current Liab	0.98	0.87		1.0	0.97	0.91	0.58	-0.82	-0.95	0.89	0.82	0.97	-0.22	0.86	0.9	0.97	0.83	0.78	0.94	0.99	0.87	0.25	0.68	0.97	0.87	0.97
Total Current Liabilities	0.98	0.88	1.0		0.97	0.91	0.56	-0.82	-0.94	0.9	0.82	0.96	-0.23	0.86	0.9	0.96	0.82	0.76	0.94	0.99	0.87	0.3	0.69	0.97	0.88	0.97
Total Stockholder Equity	1.0	0.87	0.97	0.97		0.93	0.66	-0.9	-0.97	0.93	0.91	1.0	-0.44	0.92	0.91	0.99	0.84	0.86	0.93	0.97	0.92	0.19	0.82	0.99	0.85	0.98
Property Plant And Equipment Net	0.94	0.97	0.91	0.91	0.93		0.57	-0.8	-0.96	0.85	0.85	0.93	-0.4	0.87	0.85	0.92	0.89	0.93	0.97	0.95	0.87	0.21	0.7	0.95	0.89	0.9
Current Deferred Revenue	0.64	0.35	0.58	0.56	0.66	0.57		-0.83	-0.72	0.69	0.76	0.61	-0.42	0.73	0.61	0.58	0.38	0.59	0.64	0.56	0.71	-0.53	0.59	0.69	0.49	0.57
Net Debt	-0.89	-0.66	-0.82	-0.82	-0.9	-0.8	-0.83		0.9	-0.9	-0.97	-0.86	0.52	-0.94	-0.85	-0.83	-0.64	-0.76	-0.84	-0.82	-0.93	0.05	-0.8	-0.9	-0.8	-0.82
Retained Earnings	-0.97	-0.89	-0.95	-0.94	-0.97	-0.96	-0.72	0.9		-0.92	-0.91	-0.95	0.36	-0.93	-0.92	-0.94	-0.85	-0.9	-0.98	-0.96	-0.94	-0.09	-0.71	-0.99	-0.91	-0.93
Accounts Payable	0.93	0.77	0.89	0.9	0.93	0.85	0.69	-0.9	-0.92		0.95	0.92	-0.46	0.97	0.98	0.89	0.83	0.83	0.86	0.9	0.98	0.21	0.78	0.93	0.78	0.89
Cash	0.9	0.73	0.82	0.82	0.91	0.85	0.76	-0.97	-0.91	0.95		0.88	-0.59	0.98	0.91	0.85	0.75	0.84	0.85	0.84	0.97	0.07	0.83	0.91	0.81	0.83
Non Current Assets Total	1.0	0.88	0.97	0.96	1.0	0.93	0.61	-0.86	-0.95	0.92	0.88		-0.45	0.89	0.9	0.99	0.85	0.85	0.91	0.97	0.9	0.24	0.83	0.98	0.82	0.99
Non Currrent Assets Other	-0.41	-0.3	-0.22	-0.23	-0.44	-0.4	-0.42	0.52	0.36	-0.46	-0.59	-0.45		-0.46	-0.38	-0.39	-0.29	-0.52	-0.24	-0.27	-0.45	-0.03	-0.84	-0.4	-0.14	-0.36
Cash And Short Term Investments	0.91	0.77	0.86	0.86	0.92	0.87	0.73	-0.94	-0.93	0.97	0.98	0.89	-0.46		0.96	0.87	0.83	0.87	0.89	0.87	1.0	0.12	0.74	0.92	0.85	0.85
Net Receivables	0.91	0.79	0.9	0.9	0.91	0.85	0.61	-0.85	-0.92	0.98	0.91	0.9	-0.38	0.96		0.88	0.87	0.82	0.87	0.9	0.97	0.28	0.71	0.91	0.8	0.88
Good Will	0.99	0.88	0.97	0.96	0.99	0.92	0.58	-0.83	-0.94	0.89	0.85	0.99	-0.39	0.87	0.88		0.86	0.84	0.9	0.97	0.87	0.23	0.79	0.98	0.83	1.0
Common Stock Shares Outstanding	0.85	0.9	0.83	0.82	0.84	0.89	0.38	-0.64	-0.85	0.83	0.75	0.85	-0.29	0.83	0.87	0.86		0.92	0.85	0.86	0.85	0.34	0.57	0.84	0.79	0.85
Non Current Liabilities Total	0.85	0.88	0.78	0.76	0.86	0.93	0.59	-0.76	-0.9	0.83	0.84	0.85	-0.52	0.87	0.82	0.84	0.92		0.87	0.82	0.87	0.09	0.69	0.87	0.79	0.81
Other Current Assets	0.94	0.92	0.94	0.94	0.93	0.97	0.64	-0.84	-0.98	0.86	0.85	0.91	-0.24	0.89	0.87	0.9	0.85	0.87		0.96	0.89	0.12	0.6	0.96	0.95	0.89
Total Liab	0.98	0.92	0.99	0.99	0.97	0.95	0.56	-0.82	-0.96	0.9	0.84	0.97	-0.27	0.87	0.9	0.97	0.86	0.82	0.96		0.89	0.29	0.7	0.98	0.9	0.97
Total Current Assets	0.92	0.78	0.87	0.87	0.92	0.87	0.71	-0.93	-0.94	0.98	0.97	0.9	-0.45	1.0	0.97	0.87	0.85	0.87	0.89	0.89		0.15	0.74	0.93	0.84	0.86
Short Term Debt	0.21	0.4	0.25	0.3	0.19	0.21	-0.53	0.05	-0.09	0.21	0.07	0.24	-0.03	0.12	0.28	0.23	0.34	0.09	0.12	0.29	0.15		0.18	0.14	0.22	0.25
Intangible Assets	0.8	0.61	0.68	0.69	0.82	0.7	0.59	-0.8	-0.71	0.78	0.83	0.83	-0.84	0.74	0.71	0.79	0.57	0.69	0.6	0.7	0.74	0.18		0.78	0.5	0.78
Common Stock	1.0	0.88	0.97	0.97	0.99	0.95	0.69	-0.9	-0.99	0.93	0.91	0.98	-0.4	0.92	0.91	0.98	0.84	0.87	0.96	0.98	0.93	0.14	0.78		0.88	0.97
Net Tangible Assets	0.86	0.88	0.87	0.88	0.85	0.89	0.49	-0.8	-0.91	0.78	0.81	0.82	-0.14	0.85	0.8	0.83	0.79	0.79	0.95	0.9	0.84	0.22	0.5	0.88		0.82
Other Assets	0.98	0.86	0.97	0.97	0.98	0.9	0.57	-0.82	-0.93	0.89	0.83	0.99	-0.36	0.85	0.88	1.0	0.85	0.81	0.89	0.97	0.86	0.25	0.78	0.97	0.82

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Credit Clear Account Relationship Matchups

Credit Clear fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.9M	22.3M	74.4M	76.8M	78.1M	82.0M
Short Long Term Debt Total	1.4M	1.1M	1.7M	5.1M	4.3M	4.5M
Other Current Liab	3.0M	3.3M	9.5M	8.0M	12.0M	12.6M
Total Current Liabilities	4.1M	5.3M	12.5M	10.8M	15.1M	15.9M
Total Stockholder Equity	8.9M	16.3M	60.4M	61.3M	59.3M	62.2M
Property Plant And Equipment Net	1.4M	1.2M	2.1M	5.4M	4.3M	4.5M
Net Debt	(1.3M)	(10.3M)	(12.7M)	(10.9M)	(8.9M)	(9.3M)
Retained Earnings	(12.5M)	(20.5M)	(31.7M)	(42.7M)	(47.2M)	(44.8M)
Accounts Payable	531.3K	730K	1.4M	1.2M	1.5M	800.7K
Cash	2.7M	11.4M	14.4M	16.1M	13.1M	8.7M
Non Current Assets Total	8.7M	7.6M	54.9M	55.6M	52.1M	54.7M
Non Currrent Assets Other	(9.0M)	(7.6M)	(36.4M)	(54.5M)	9.9M	10.4M
Cash And Short Term Investments	3.0M	11.4M	14.4M	16.1M	18.8M	9.5M
Net Receivables	2.0M	3.0M	4.7M	4.4M	6.2M	3.2M
Liabilities And Stockholders Equity	13.9M	22.3M	74.4M	76.8M	78.1M	82.0M
Other Current Assets	178.8K	395K	381K	780.0K	930K	976.5K
Total Liab	5.0M	6.0M	14.0M	15.6M	18.8M	19.8M
Total Current Assets	5.1M	14.8M	19.5M	21.2M	26.0M	13.1M
Short Term Debt	591.1K	591K	840K	1.0M	1.1M	740.3K
Intangible Assets	7.3M	6.0M	52.2M	49.1M	9.9M	17.1M
Common Stock	21.2M	35.7M	89.3M	99.7M	101.3M	106.4M
Net Tangible Assets	1.6M	10.3M	6.2M	12.2M	14.0M	14.7M
Long Term Debt Total	814.9K	508K	832K	4.1M	4.7M	5.0M
Other Stockholder Equity	(82.0)	(15.2M)	(57.7M)	(57.0M)	(51.3M)	(48.7M)
Accumulated Other Comprehensive Income	195.5K	1.1M	2.7M	4.3M	5.2M	5.4M
Property Plant Equipment	1.4M	1.2M	2.1M	5.4M	6.2M	6.5M

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