Claros Net Tangible Assets vs Total Current Liabilities Analysis
CMTG Stock | USD 6.79 0.01 0.15% |
Claros Mortgage financial indicator trend analysis is way more than just evaluating Claros Mortgage Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Claros Mortgage Trust is a good investment. Please check the relationship between Claros Mortgage Net Tangible Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Claros Mortgage Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Tangible Assets vs Total Current Liabilities
Net Tangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Claros Mortgage Trust Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Claros Mortgage's Net Tangible Assets and Total Current Liabilities is -0.19. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Claros Mortgage Trust, assuming nothing else is changed. The correlation between historical values of Claros Mortgage's Net Tangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Claros Mortgage Trust are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Tangible Assets i.e., Claros Mortgage's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Liabilities
Total Current Liabilities is an item on Claros Mortgage balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Claros Mortgage Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Claros Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Claros Mortgage Trust 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 Claros Mortgage Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. The Claros Mortgage's current Selling General Administrative is estimated to increase to about 41.1 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 415.3M | 470.7M | 697.9M | 532.2M | Net Interest Income | 219.0M | 209.6M | 203.7M | 184.9M |
Claros Mortgage fundamental ratios Correlations
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Claros Mortgage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Claros Mortgage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | (15.2M) | (15.3M) | (54.5M) | (202.1M) | (2.2B) | (2.1B) | |
Total Current Liabilities | 15.2M | 12.7M | 54.5M | 1.5B | 2.2B | 2.3B | |
Other Liab | 618.4M | 545.1M | 232.2M | 442.2M | 398.0M | 370.4M | |
Net Tangible Assets | 2.4B | 2.4B | 2.6B | 2.5B | 2.8B | 2.6B | |
Retained Earnings | (34.3M) | (47.5M) | (161.0M) | (257.2M) | (426.7M) | (405.4M) | |
Accounts Payable | 15.2M | 15.3M | 54.5M | 9.9M | 11.3M | 21.9M | |
Other Assets | 6.0B | 6.2B | 6.7B | 404.1M | 7.8B | 5.0B | |
Net Receivables | 35.8M | 35.7M | 26.0M | 7.4B | 7.2B | 7.5B | |
Other Current Assets | (6.5B) | 39.1M | (7.0B) | (7.7B) | (7.4B) | (7.7B) | |
Total Current Assets | 370.8M | 463.2M | 336.2M | 7.8B | 187.3M | 177.9M |
Currently Active Assets on Macroaxis
When determining whether Claros Mortgage Trust is a strong investment it is important to analyze Claros Mortgage'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 Claros Mortgage's future performance. For an informed investment choice regarding Claros Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Claros Mortgage Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Asset Management & Custody Banks 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 Claros Mortgage. If investors know Claros 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 Claros Mortgage 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 (0.95) | Dividend Share 0.85 | Earnings Share (0.64) | Revenue Per Share 0.364 | Quarterly Revenue Growth (0.29) |
The market value of Claros Mortgage Trust is measured differently than its book value, which is the value of Claros that is recorded on the company's balance sheet. Investors also form their own opinion of Claros Mortgage's value that differs from its market value or its book value, called intrinsic value, which is Claros Mortgage'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 Claros Mortgage's market value can be influenced by many factors that don't directly affect Claros Mortgage'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 Claros Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Claros Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Claros Mortgage'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.