Clarus Gross Profit Margin vs Total Assets Analysis

CLAR Stock  USD 5.07  0.18  3.68%   
Clarus Corp financial indicator trend analysis is way more than just evaluating Clarus Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clarus Corp is a good investment. Please check the relationship between Clarus Corp Gross Profit Margin and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarus 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 nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.

Gross Profit Margin vs Total Assets

Gross Profit Margin vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clarus Corp Gross Profit Margin account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Clarus Corp's Gross Profit Margin and Total Assets is -0.28. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Assets in the same time period over historical financial statements of Clarus Corp, assuming nothing else is changed. The correlation between historical values of Clarus Corp's Gross Profit Margin and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Clarus Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Gross Profit Margin i.e., Clarus Corp's Gross Profit Margin and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit Margin

Total Assets

Total assets refers to the total amount of Clarus Corp 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 Clarus Corp 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.
Most indicators from Clarus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clarus 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 Clarus 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 nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.At this time, Clarus Corp's Selling General Administrative is relatively stable compared to the past year. As of 12/11/2024, Discontinued Operations is likely to grow to about 13.7 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit136.9M163.4M97.5M50.9M
Total Revenue375.8M448.1M286.0M166.8M

Clarus Corp fundamental ratios Correlations

0.940.690.710.850.640.83-0.550.55-0.170.80.92-0.170.880.640.750.630.780.960.870.840.520.840.690.710.21
0.940.740.820.660.550.9-0.520.26-0.210.660.98-0.220.770.440.680.790.640.990.890.860.660.730.620.640.36
0.690.740.620.490.230.66-0.230.08-0.140.560.64-0.190.410.20.450.580.370.710.530.530.480.520.360.38-0.07
0.710.820.620.350.080.71-0.53-0.05-0.10.220.8-0.120.640.270.160.960.420.760.530.880.950.30.490.520.28
0.850.660.490.350.690.59-0.460.84-0.120.90.65-0.110.790.830.740.260.880.710.70.580.150.880.750.75-0.03
0.640.550.230.080.690.58-0.40.64-0.310.780.6-0.320.660.60.860.050.680.620.850.32-0.140.850.640.630.49
0.830.90.660.710.590.58-0.370.23-0.620.70.87-0.630.730.30.620.710.510.870.830.620.530.720.50.530.43
-0.55-0.52-0.23-0.53-0.46-0.4-0.37-0.34-0.11-0.19-0.48-0.09-0.62-0.76-0.2-0.53-0.8-0.48-0.49-0.73-0.53-0.29-0.57-0.59-0.11
0.550.260.08-0.050.840.640.23-0.34-0.050.720.29-0.020.640.810.58-0.140.730.350.440.27-0.220.70.540.53-0.16
-0.17-0.21-0.14-0.1-0.12-0.31-0.62-0.11-0.05-0.36-0.21.0-0.260.12-0.15-0.170.01-0.17-0.260.16-0.02-0.29-0.01-0.01-0.31
0.80.660.560.220.90.780.7-0.190.72-0.360.64-0.360.680.560.880.140.670.720.760.36-0.020.970.580.580.11
0.920.980.640.80.650.60.87-0.480.29-0.20.64-0.210.820.440.70.750.610.980.910.850.620.730.680.70.51
-0.17-0.22-0.19-0.12-0.11-0.32-0.63-0.09-0.021.0-0.36-0.21-0.250.13-0.16-0.180.01-0.18-0.270.15-0.03-0.3-0.02-0.02-0.33
0.880.770.410.640.790.660.73-0.620.64-0.260.680.82-0.250.70.580.530.770.80.770.760.460.740.760.780.37
0.640.440.20.270.830.60.3-0.760.810.120.560.440.130.70.460.220.960.480.530.590.170.610.790.79-0.06
0.750.680.450.160.740.860.62-0.20.58-0.150.880.7-0.160.580.460.120.580.760.870.4-0.080.920.510.510.31
0.630.790.580.960.260.050.71-0.53-0.14-0.170.140.75-0.180.530.220.120.370.710.520.830.940.210.420.450.28
0.780.640.370.420.880.680.51-0.80.730.010.670.610.010.770.960.580.370.660.690.690.290.720.810.820.05
0.960.990.710.760.710.620.87-0.480.35-0.170.720.98-0.180.80.480.760.710.660.920.840.570.80.660.680.39
0.870.890.530.530.70.850.83-0.490.44-0.260.760.91-0.270.770.530.870.520.690.920.690.320.850.680.690.53
0.840.860.530.880.580.320.62-0.730.270.160.360.850.150.760.590.40.830.690.840.690.80.460.660.690.23
0.520.660.480.950.15-0.140.53-0.53-0.22-0.02-0.020.62-0.030.460.17-0.080.940.290.570.320.80.060.340.380.18
0.840.730.520.30.880.850.72-0.290.7-0.290.970.73-0.30.740.610.920.210.720.80.850.460.060.680.670.26
0.690.620.360.490.750.640.5-0.570.54-0.010.580.68-0.020.760.790.510.420.810.660.680.660.340.681.00.39
0.710.640.380.520.750.630.53-0.590.53-0.010.580.7-0.020.780.790.510.450.820.680.690.690.380.671.00.4
0.210.36-0.070.28-0.030.490.43-0.11-0.16-0.310.110.51-0.330.37-0.060.310.280.050.390.530.230.180.260.390.4
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Clarus Corp Account Relationship Matchups

Clarus Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets230.3M280.7M631.8M518.1M495.3M520.1M
Short Long Term Debt Total23.4M34.6M141.5M139.0M136.0M142.8M
Other Current Liab(562K)12.2M24.6M24.7M27.1M28.5M
Total Current Liabilities24.6M39.6M73.0M64.6M170.9M179.5M
Total Stockholder Equity181.2M204.6M370.2M292.1M292.1M178.1M
Property Plant And Equipment Net22.9M27.0M42.8M43.0M16.6M14.0M
Net Debt21.0M16.8M122.1M127.0M124.7M130.9M
Retained Earnings(288.6M)(286.1M)(263.3M)(336.8M)(350.7M)(368.3M)
Accounts Payable24.3M21.5M31.5M24.8M20.0M15.8M
Cash1.7M17.8M19.5M12.1M11.3M10.8M
Non Current Assets Total109.4M138.6M404.9M279.5M195.6M104.2M
Non Currrent Assets Other3.0M6.8M19.6M17.5M16.8M17.7M
Cash And Short Term Investments1.7M17.8M19.5M12.1M11.3M10.8M
Net Receivables42.0M50.6M66.3M48.1M54.9M57.6M
Common Stock Shares Outstanding31.1M31.2M35.7M37.2M37.5M26.0M
Liabilities And Stockholders Equity230.3M280.7M631.8M518.1M495.3M520.1M
Non Current Liabilities Total24.5M36.5M188.7M161.4M32.3M33.8M
Other Current Assets3.8M5.4M11.8M70.9M142.1M149.3M
Other Stockholder Equity470.1M490.2M638.6M646.6M658.3M457.9M
Total Liab49.1M76.1M261.7M226.0M203.2M213.4M
Property Plant And Equipment Gross22.9M27.0M72.6M79.5M43.0M45.1M
Total Current Assets120.9M142.1M226.9M238.6M299.7M314.7M
Accumulated Other Comprehensive Income(303K)500K(5.1M)(17.7M)(15.4M)(14.6M)
Short Term Debt681K5.0M12.4M14.7M123.0M129.1M
Intangible Assets57.4M66.9M202.0M138.2M100.0M59.0M
Inventory73.4M68.4M129.4M147.1M91.4M54.7M
Other Liab1.3M5.9M56.7M21.5M24.8M26.0M
Net Tangible Assets105.7M110.9M50.1M91.0M104.6M85.7M
Other Assets9.7M65.5M42.0M20.2M23.2M24.4M
Long Term Debt22.7M30.6M131.9M127.1M146.1M153.5M
Retained Earnings Total Equity(304.6M)(288.6M)(286.1M)(263.3M)(237.0M)(248.9M)
Deferred Long Term Liab2.9M1.2M1.2M35.3M40.6M42.6M
Treasury Stock(18.1M)(22.3M)(23.8M)(24.4M)(22.0M)(20.9M)
Property Plant Equipment22.9M27.0M42.8M58.2M66.9M70.3M

Additional Tools for Clarus Stock Analysis

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