Aimia Non Current Liabilities Total vs Short Long Term Debt Total Analysis

AIM Stock  CAD 2.59  0.09  3.60%   
Aimia financial indicator trend analysis is way more than just evaluating Aimia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aimia Inc is a good investment. Please check the relationship between Aimia Non Current Liabilities Total and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aimia Inc. 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.

Non Current Liabilities Total vs Short Long Term Debt Total

Non Current Liabilities Total vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aimia Inc Non Current Liabilities Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aimia's Non Current Liabilities Total and Short Long Term Debt Total is 0.87. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Aimia Inc, assuming nothing else is changed. The correlation between historical values of Aimia's Non Current Liabilities Total and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Aimia Inc are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Liabilities Total i.e., Aimia's Non Current Liabilities Total and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Short Long Term Debt Total

Most indicators from Aimia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aimia Inc 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 Aimia Inc. 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, Aimia's Issuance Of Capital Stock is very stable compared to the past year. As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 1.14, while Selling General Administrative is likely to drop about 149.7 M.
 2023 2024 (projected)
Research Development60.4M53.7M
Reconciled Depreciation22.9M21.8M

Aimia fundamental ratios Correlations

0.880.210.760.910.740.940.210.790.880.9-0.560.980.580.35-0.380.76-0.10.850.63-0.070.80.140.870.410.9
0.88-0.080.650.670.620.690.210.680.630.83-0.570.920.870.7-0.510.6-0.210.620.430.030.550.580.620.70.65
0.21-0.080.330.460.130.37-0.280.10.490.230.050.0-0.3-0.370.480.250.170.260.19-0.360.05-0.530.18-0.230.44
0.760.650.330.810.170.780.20.230.720.66-0.60.70.260.24-0.010.74-0.060.780.670.110.630.00.630.450.83
0.910.670.460.810.560.960.210.60.950.81-0.50.840.270.06-0.160.74-0.010.870.68-0.090.78-0.170.870.290.96
0.740.620.130.170.560.66-0.040.990.60.67-0.230.730.520.26-0.430.51-0.180.560.33-0.230.580.10.70.060.58
0.940.690.370.780.960.660.220.70.920.81-0.520.890.280.06-0.220.8-0.050.920.73-0.080.87-0.190.920.210.98
0.210.21-0.280.20.21-0.040.220.020.090.13-0.250.270.070.03-0.20.130.00.230.240.280.310.050.250.160.18
0.790.680.10.230.60.990.70.020.640.74-0.260.790.570.3-0.480.51-0.180.590.35-0.190.610.140.730.110.61
0.880.630.490.720.950.60.920.090.640.8-0.460.80.30.0-0.170.680.110.810.62-0.190.74-0.170.880.170.91
0.90.830.230.660.810.670.810.130.740.8-0.260.870.60.38-0.580.44-0.080.60.3-0.240.530.20.720.320.72
-0.56-0.570.05-0.6-0.5-0.23-0.52-0.25-0.26-0.46-0.26-0.59-0.35-0.3-0.2-0.830.11-0.75-0.86-0.46-0.71-0.19-0.47-0.63-0.63
0.980.920.00.70.840.730.890.270.790.80.87-0.590.660.44-0.50.73-0.130.810.610.00.80.260.860.470.83
0.580.87-0.30.260.270.520.280.070.570.30.6-0.350.660.87-0.580.25-0.180.20.05-0.010.180.870.280.70.22
0.350.7-0.370.240.060.260.060.030.30.00.38-0.30.440.87-0.440.17-0.20.05-0.050.090.00.890.030.750.04
-0.38-0.510.48-0.01-0.16-0.43-0.22-0.2-0.48-0.17-0.58-0.2-0.5-0.58-0.440.18-0.030.030.30.31-0.11-0.45-0.31-0.12-0.02
0.760.60.250.740.740.510.80.130.510.680.44-0.830.730.250.170.18-0.20.940.940.250.87-0.080.740.370.88
-0.1-0.210.17-0.06-0.01-0.18-0.050.0-0.180.11-0.080.11-0.13-0.18-0.2-0.03-0.2-0.18-0.18-0.53-0.08-0.18-0.05-0.25-0.06
0.850.620.260.780.870.560.920.230.590.810.6-0.750.810.20.050.030.94-0.180.930.220.95-0.20.870.30.96
0.630.430.190.670.680.330.730.240.350.620.3-0.860.610.05-0.050.30.94-0.180.930.410.89-0.240.690.30.83
-0.070.03-0.360.11-0.09-0.23-0.080.28-0.19-0.19-0.24-0.460.0-0.010.090.310.25-0.530.220.410.210.12-0.030.340.01
0.80.550.050.630.780.580.870.310.610.740.53-0.710.80.180.0-0.110.87-0.080.950.890.21-0.210.890.180.87
0.140.58-0.530.0-0.170.1-0.190.050.14-0.170.2-0.190.260.870.89-0.45-0.08-0.18-0.2-0.240.12-0.21-0.170.7-0.22
0.870.620.180.630.870.70.920.250.730.880.72-0.470.860.280.03-0.310.74-0.050.870.69-0.030.89-0.170.090.87
0.410.7-0.230.450.290.060.210.160.110.170.32-0.630.470.70.75-0.120.37-0.250.30.30.340.180.70.090.26
0.90.650.440.830.960.580.980.180.610.910.72-0.630.830.220.04-0.020.88-0.060.960.830.010.87-0.220.870.26
Click cells to compare fundamentals

Aimia Account Relationship Matchups

Aimia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets571.8M444.2M431M804M963.6M915.4M
Total Current Liabilities119.7M3.5M10.1M7.3M97M92.2M
Total Stockholder Equity435.6M431.3M404M776.9M568.6M725.5M
Net Debt(92.6M)(146.1M)(34.8M)(505.3M)(109.1M)(103.6M)
Accounts Payable21M3.5M2.7M7.3M51.2M48.6M
Cash98.6M146.1M34.8M505.3M109.1M103.6M
Non Current Assets Total203.6M250.4M356.8M243.1M625.6M594.3M
Non Currrent Assets Other33.1M(250.4M)(356.8M)(243.1M)47.4M45.0M
Cash And Short Term Investments185.2M146.1M34.8M505.3M137.3M130.4M
Net Receivables66.8M1.1M900K20.6M91.1M163.2M
Common Stock Shares Outstanding126.8M93.1M90.9M88.4M84.7M112.2M
Liabilities And Stockholders Equity571.8M444.2M431M804M963.6M915.4M
Other Stockholder Equity1.2B2.3B2.3B2.2B2.2B1.5B
Total Liab136.2M3.5M27M27.1M380.5M361.5M
Total Current Assets368.2M154.7M35.7M525M338M321.1M
Other Current Liab83.4M(3.5M)(3.3M)(7.3M)27.4M26.0M
Retained Earnings(2.1B)(2.1B)(2.1B)(1.7B)(1.9B)(2.0B)
Short Long Term Debt Total514.5M300.9M6M177.9M160.1M152.1M
Property Plant And Equipment Net19.2M1M1.5M0.0149.5M157.0M
Current Deferred Revenue1.3B57.9M43.8M4.1M3.7M3.5M
Good Will1.7B0.011.1M11M164M155.8M
Short Term Investments86.6M18.7M77.5M52.9M27.8M26.4M
Non Current Liabilities Total16.5M12.9M27M7.3M283.5M269.3M
Other Current Assets115.3M12.6M4.2M4.4M48.8M46.4M
Accumulated Other Comprehensive Income9.8M30.8M32.5M14.4M(7.1M)(6.7M)
Short Term Debt65.2M273.7M1.7M0.014.3M13.6M
Intangible Assets23.4M18.9M1.8M1.1M218.7M207.8M
Inventory900K177M115.9M1.061.2M35.8M
Other Liab12.2M8.5M16.9M17.6M15.8M15.0M
Net Tangible Assets185.6M187.3M160.8M775.8M892.2M936.8M
Other Assets41.1M39.1M38.5M35.9M41.3M26.3M
Long Term Investments144.2M237.5M344.7M242M73.8M70.1M
Capital Surpluse1.2B2.3B2.3B2.2B2.6B1.9B

Pair Trading with Aimia

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

Moving against Aimia Stock

  0.68IMP Intermap TechnologiesPairCorr
  0.56MIN Excelsior Mining CorpPairCorr
  0.47TPX-B Molson Coors CanadaPairCorr
The ability to find closely correlated positions to Aimia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia 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 Aimia - 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 Aimia Inc to buy it.
The correlation of Aimia 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 Aimia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aimia Inc 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 Aimia 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 Aimia Stock

Balance Sheet is a snapshot of the financial position of Aimia Inc at a specified time, usually calculated after every quarter, six months, or one year. Aimia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aimia 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 Aimia currently owns. An asset can also be divided into two categories, current and non-current.