CSIMarket
 


Corvel Corporation  (CRVL)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial

Corvel's Tangible Leverage Ratio

CRVL's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Despite a net increase in borrowings by 0.45%, Corvel managed to enhance Tangible Leverage Ratio in the second quarter 2023 to 1.15, surpassing the average for Corvel's Tangible Leverage Ratio.

Within Insurance Brokerage industry in the second quarter 2023, 2 other companies have achieved lower Tangible Leverage Ratio than Corvel in the II Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the second quarter 2023 to 894, from total ranking in the first quarter 2023 at 1806 .

Explain Tangible Leverage Ratio?
What is CRVL Market Share?
What are CRVL´s Total Liabilities?


CRVL Tangible Leverage Ratio (Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
(Sep 30 2022)
II. Quarter
Y / Y Tangible Equity Change 15.77 % 1.06 % -5.63 % -11.17 % -13.79 %
Y / Y Total Liabilities Change 4.7 % 0.26 % -5.47 % 1.96 % 0.47 %
Tangible Leverage Ratio MRQ 1.15 1.25 1.17 1.36 1.27
CRVL's Total Ranking # 894 # 1806 # 1662 # 145 # 1892
Seq. Tangible Equity Change 9.29 % 2.99 % 4.77 % -1.83 % -4.6 %
Seq. Total Liabilities Change 0.45 % 9.83 % -9.93 % 5.36 % -3.81 %



Tangible Leverage Ratio second quarter 2023 Company Ranking
Within: No.
Insurance Brokerage Industry # 3
Financial Sector # 64
Overall Market # 894


Tangible Leverage Ratio Statistics
High Average Low
1.19 0.73 0.38
(Mar 31 2020)   (Dec 31 2011)




Financial Statements
Corvel's Tangible Equity $ 185 Millions Visit CRVL's Balance sheet
Corvel's Total Liabilities $ 212 Millions Visit CRVL's Balance sheet
Source of CRVL's Sales Visit CRVL's Sales by Geography


Cumulative Corvel's Tangible Leverage Ratio

CRVL's Tangible Leverage Ratio for the trailling 12 Months

CRVL Tangible Leverage Ratio

(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
(Sep 30 2022)
II. Quarter
Y / Y Tangible Equity TTM Growth 15.77 % 1.06 % -5.63 % -11.17 % -13.79 %
Y / Y Total Liabilities TTM Growth 4.7 % 0.26 % -5.47 % 1.96 % 0.47 %
Tangible Leverage Ratio TTM 1.23 1.26 1.26 1.26 1.22
Total Ranking TTM # 1 # 4 # 8 # 123 # 686
Seq. Tangible Equity TTM Growth 9.29 % 2.99 % 4.77 % -1.83 % -4.6 %
Seq. Total Liabilities TTM Growth 0.45 % 9.83 % -9.93 % 5.36 % -3.81 %


On the trailing twelve months basis Despite of the net new borrowings of 0.45% during the twelve months period ending in II Quarter 2023 Corvel has managed to decrease Tangible Leverage Ratio in the II Quarter 2023 to 1.23, above the CRVL's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Insurance Brokerage industry 2, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Corvel. While Tangible Leverage Ratio total ranking has improved so far to 1, from total ranking in previous 12 month period at 4.

Explain Tangible Leverage Ratio?
What is CRVL Market Share?
What are CRVL´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Insurance Brokerage Industry # 3
Financial Sector # 64
Within the Market # 1


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
1.19 0.73 0.38
(Mar 31 2020)   (Dec 31 2011)




Companies with similar Tangible Leverage Ratio in the quarter ending Sep 30 2023, within Insurance Brokerage Industry Tangible Leverage RatioSep 30 2023 MRQ Total LiabilitiesSep 30 2023 MRQ Tangible Equity
Selectquote Inc   3.07 $ 853.406  Millions$ 278.160  Millions
Corvel Corporation  1.15 $ 211.548  Millions$ 184.722  Millions
Ehealth Inc   0.83 $ 466.739  Millions$ 559.637  Millions
Erie Indemnity Company  0.49 $ 782.660  Millions$ 1,611.889  Millions
Investors Title Co  0.47 $ 110.974  Millions$ 236.080  Millions
Enact Holdings Inc   0.46 $ 2,044.575  Millions$ 4,457.206  Millions

Date modified: 2023-11-03T16:01:13+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com