Cerner Working Capital Trend from 2010 to 2022

CERN
 Stock
  

USD 94.92  0.00  0.00%   

Cerner Working Capital yearly trend continues to be quite stable with very little volatility. Working Capital may rise above about 940.6 M this year. From the period between 2010 and 2022, Cerner, Working Capital regression line of its data series had standard deviation of 205,602,475 and standard deviation of  205,602,475. Cerner Income Tax Expense is quite stable at the moment as compared to the past year. The company's current value of Income Tax Expense is estimated at 154.85 Million.
  
Check Cerner financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cerner main balance sheet or income statement drivers, such as Direct Expenses of 2.9 B, Consolidated Income of 616.9 M or Cost of Revenue of 974 M, as well as many exotic indicators such as Interest Coverage of 41.54, Long Term Debt to Equity of 0.47 or Calculated Tax Rate of 26.6. Cerner financial statements analysis is a perfect complement when working with Cerner Valuation or Volatility modules. It can also supplement Cerner's financial leverage analysis and stock options assessment as well as various Cerner Technical models . Continue to Trending Equities.

Cerner Quarterly Working Capital

1.09 Billion

Cerner Working Capital Breakdown

Showing smoothed Working Capital of Cerner with missing and latest data points interpolated. Working capital measures the difference between Current Assets and Current Liabilities.Cerner's Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cerner's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 282.13 M10 Years Trend
Increasing
Stable
   Working Capital   
Share
       Timeline  

Cerner Working Capital Regression Statistics

Arithmetic Mean 1,073,407,141
Geometric Mean 1,056,499,886
Coefficient Of Variation 19.15
Mean Deviation 125,831,957
Median 1,049,967,000
Standard Deviation 205,602,475
Range 708,401,000
R-Value 0.13
R-Squared 0.016291
Significance 0.68
Slope 6,738,500

Cerner Working Capital History

2010B
20111.1 B
2016774 M
20171.1 B
20191.5 B
2021823.2 M
2022940.6 M

About Cerner Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cerner income statement, its balance sheet, and the statement of cash flows. Cerner investors use historical funamental indicators, such as Cerner's Working Capital, to determine how well the company is positioned to perform in the future. Although Cerner investors may use each financial statement separately, they are all related. The changes in Cerner's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cerner's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cerner Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cerner. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Working Capital823.2 M940.6 M
Invested Capital4.5 B4.3 B
Invested Capital Average4.8 B4.4 B
Market Capitalization27.3 B25.7 B
Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. The company was founded in 1979 and is headquartered in North Kansas City, Missouri. Cerner operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 25150 people.

Cerner Investors Sentiment

The influence of Cerner's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cerner. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Cerner Implied Volatility

    
  0.94  
Cerner's implied volatility exposes the market's sentiment of Cerner stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cerner's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cerner stock will not fluctuate a lot when Cerner's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cerner in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cerner's short interest history, or implied volatility extrapolated from Cerner options trading.

Pair Trading with Cerner

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cerner position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cerner will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cerner

0.69DOCSDoximity Inc Cl Downward RallyPairCorr

Moving against Cerner

0.86KERNAkerna Corp Cl Earnings Call  TodayPairCorr
0.69HLTHCue Health Earnings Call  TodayPairCorr
0.68APIAgora Inc Ads Earnings Call  This WeekPairCorr
0.66ANYSphere 3D Corp Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Cerner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cerner when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cerner - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cerner to buy it.
The correlation of Cerner is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cerner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cerner moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cerner can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Cerner information on this page should be used as a complementary analysis to other Cerner's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for Cerner Stock

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