AFN Total Cash From Operating Activities vs Gross Profit Margin Analysis

AFN Stock  CAD 48.01  2.09  4.17%   
Ag Growth financial indicator trend analysis is way more than just evaluating Ag Growth International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ag Growth International is a good investment. Please check the relationship between Ag Growth Total Cash From Operating Activities and its Gross Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ag Growth International. 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.

Total Cash From Operating Activities vs Gross Profit Margin

Total Cash From Operating Activities vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ag Growth International Total Cash From Operating Activities account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ag Growth's Total Cash From Operating Activities and Gross Profit Margin is -0.02. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Ag Growth International, assuming nothing else is changed. The correlation between historical values of Ag Growth's Total Cash From Operating Activities and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Ag Growth International are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Cash From Operating Activities i.e., Ag Growth's Total Cash From Operating Activities and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Cash From Operating Activities

Gross Profit Margin

Most indicators from Ag Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ag Growth International 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 Ag Growth International. 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, Ag Growth's Selling General Administrative is very stable compared to the past year. As of the 9th of January 2025, Discontinued Operations is likely to grow to about 49.5 K, while Sales General And Administrative To Revenue is likely to drop 0.14.
 2022 2023 2024 2025 (projected)
Gross Profit420.6M479.1M551.0M578.5M
Total Revenue1.5B1.5B1.8B1.8B

Ag Growth fundamental ratios Correlations

1.00.870.940.680.990.430.990.840.670.990.440.660.950.980.880.980.970.930.821.00.980.970.650.82-0.94
1.00.870.930.640.980.441.00.840.670.990.470.670.940.990.880.980.960.920.831.00.980.970.630.82-0.94
0.870.870.880.360.820.530.870.640.620.820.560.620.860.830.770.860.910.890.880.90.90.90.520.65-0.91
0.940.930.880.510.890.250.910.90.80.880.240.790.970.880.830.860.90.960.880.940.970.980.820.62-0.85
0.680.640.360.510.750.370.640.510.340.720.260.340.550.680.730.650.660.510.230.620.610.590.40.8-0.57
0.990.980.820.890.750.470.980.810.611.00.470.610.910.990.870.980.960.880.750.980.950.940.60.87-0.92
0.430.440.530.250.370.470.46-0.040.10.480.920.110.240.480.420.540.560.230.270.440.360.35-0.160.65-0.59
0.991.00.870.910.640.980.460.820.610.990.490.610.940.990.880.990.960.920.831.00.970.960.590.84-0.95
0.840.840.640.90.510.81-0.040.820.680.80.010.660.930.80.740.760.750.880.820.840.870.880.780.5-0.71
0.670.670.620.80.340.610.10.610.680.590.071.00.70.580.570.560.60.690.620.670.680.750.840.36-0.55
0.990.990.820.880.721.00.480.990.80.590.490.590.91.00.870.990.950.870.750.980.950.930.570.88-0.93
0.440.470.560.240.260.470.920.490.010.070.490.090.260.50.390.580.540.270.370.470.360.35-0.270.63-0.64
0.660.670.620.790.340.610.110.610.661.00.590.090.690.570.560.560.60.680.610.670.670.750.820.36-0.55
0.950.940.860.970.550.910.240.940.930.70.90.260.690.90.840.890.920.970.90.950.980.990.740.63-0.87
0.980.990.830.880.680.990.480.990.80.581.00.50.570.90.870.990.940.870.780.980.950.920.550.88-0.94
0.880.880.770.830.730.870.420.880.740.570.870.390.560.840.870.860.850.80.730.880.870.850.590.83-0.85
0.980.980.860.860.650.980.540.990.760.560.990.580.560.890.990.860.950.870.790.980.940.920.480.88-0.96
0.970.960.910.90.660.960.560.960.750.60.950.540.60.920.940.850.950.920.810.970.970.960.560.8-0.94
0.930.920.890.960.510.880.230.920.880.690.870.270.680.970.870.80.870.920.880.940.970.970.720.61-0.86
0.820.830.880.880.230.750.270.830.820.620.750.370.610.90.780.730.790.810.880.860.860.880.560.49-0.84
1.01.00.90.940.620.980.441.00.840.670.980.470.670.950.980.880.980.970.940.860.980.980.630.81-0.95
0.980.980.90.970.610.950.360.970.870.680.950.360.670.980.950.870.940.970.970.860.980.990.710.74-0.91
0.970.970.90.980.590.940.350.960.880.750.930.350.750.990.920.850.920.960.970.880.980.990.730.69-0.9
0.650.630.520.820.40.6-0.160.590.780.840.57-0.270.820.740.550.590.480.560.720.560.630.710.730.28-0.43
0.820.820.650.620.80.870.650.840.50.360.880.630.360.630.880.830.880.80.610.490.810.740.690.28-0.84
-0.94-0.94-0.91-0.85-0.57-0.92-0.59-0.95-0.71-0.55-0.93-0.64-0.55-0.87-0.94-0.85-0.96-0.94-0.86-0.84-0.95-0.91-0.9-0.43-0.84
Click cells to compare fundamentals

Ag Growth Account Relationship Matchups

Ag Growth fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.5B1.6B1.6B1.7B1.9B2.0B
Short Long Term Debt Total853.6M887.2M916.3M906.9M1.0B1.1B
Other Current Liab177.3M306.5M360.1M236.4M271.8M285.4M
Total Current Liabilities311.1M464.6M412.2M548M630.2M661.7M
Total Stockholder Equity263.1M268.8M265.7M318.0M365.7M242.9M
Property Plant And Equipment Net368.9M368.5M367.7M377.2M433.8M455.5M
Current Deferred Revenue46.0M86.5M80.0M7.1M8.2M7.8M
Net Debt780.2M825.9M856.7M816.3M938.7M985.7M
Accounts Payable84.3M49.5M39.3M121.6M139.8M146.8M
Cash62.5M61.3M59.6M90.7M104.3M109.5M
Non Current Assets Total1.0B1.0B991M992.7M1.1B1.2B
Non Currrent Assets Other39.3M35.1M50.3M2.1M2.4M2.3M
Cash And Short Term Investments62.5M61.3M59.6M88.0M101.2M106.3M
Net Receivables188.7M221.1M240.6M282.6M325.0M341.3M
Good Will350.7M358.6M343.0M339.6M390.5M410.1M
Common Stock Shares Outstanding18.7M21.9M18.9M22.0M25.3M16.3M
Liabilities And Stockholders Equity1.5B1.6B1.6B1.7B1.9B2.0B
Non Current Liabilities Total904.9M860.3M968.2M789.0M907.3M952.7M
Inventory178.9M243.3M279.3M214.8M247.0M259.3M
Other Current Assets36.5M47.2M75.5M76.8M88.3M92.8M
Other Stockholder Equity492.0M494.7M501.7M499.2M574.1M602.8M
Total Liab1.2B1.3B1.4B1.3B1.5B1.6B
Property Plant And Equipment Gross368.9M510.7M527.1M561.0M645.2M677.4M
Total Current Assets476.7M572.8M655.1M662.2M761.6M799.7M
Short Term Debt3.5M102.4M6.1M178.5M205.3M215.5M
Intangible Assets249.5M253.0M225.9M211.1M242.8M155.0M
Retained Earnings(220.3M)(221.3M)(283.7M)(226.6M)(204.0M)(193.8M)
Accumulated Other Comprehensive Income(10.3M)(22.8M)15.1M35.1M40.4M42.4M
Common Stock1.7M5.2M9.6M10.3M9.3M8.8M
Other Liab78.4M54.8M63.5M57.6M66.3M58.4M
Net Tangible Assets(222.2M)(313.1M)(313.4M)(274.2M)(246.7M)(234.4M)
Other Assets37.5M44.5M70.1M20.2M23.3M32.1M
Long Term Debt825.3M779.5M876.7M693.5M797.5M586.2M
Deferred Long Term Liab20.8M23.9M29.5M29.0M33.4M35.1M
Short Long Term Debt475K85.4M479K171.8M154.6M162.3M
Property Plant Equipment373.0M368.9M368.5M367.7M422.9M294.6M
Long Term Debt Total755.6M850.1M796.8M910.2M1.0B693.2M
Capital Surpluse27.1M487.5M494.7M501.7M577.0M605.9M

Pair Trading with Ag Growth

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 Ag Growth 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 Ag Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with AFN Stock

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Moving against AFN Stock

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  0.44PNC-B Postmedia Network CanadaPairCorr
The ability to find closely correlated positions to Ag Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ag Growth 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 Ag Growth - 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 Ag Growth International to buy it.
The correlation of Ag Growth is a statistical measure of how it moves in relation to other instruments. 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 Ag Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ag Growth International 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 Ag Growth 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

Other Information on Investing in AFN Stock

Balance Sheet is a snapshot of the financial position of Ag Growth International at a specified time, usually calculated after every quarter, six months, or one year. Ag Growth Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ag Growth and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AFN currently owns. An asset can also be divided into two categories, current and non-current.