Aritzia Common Stock Shares Outstanding vs Current Deferred Revenue Analysis

ATZ Stock  CAD 48.89  0.12  0.24%   
Aritzia financial indicator trend analysis is way more than just evaluating Aritzia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aritzia is a good investment. Please check the relationship between Aritzia Common Stock Shares Outstanding and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aritzia. 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.

Common Stock Shares Outstanding vs Current Deferred Revenue

Common Stock Shares Outstanding vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aritzia Common Stock Shares Outstanding account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aritzia's Common Stock Shares Outstanding and Current Deferred Revenue is 0.77. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Aritzia, assuming nothing else is changed. The correlation between historical values of Aritzia's Common Stock Shares Outstanding and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Aritzia are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Shares Outstanding i.e., Aritzia's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Aritzia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aritzia 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 Aritzia. 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, Aritzia's Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Tax Provision is likely to grow to about 39.4 M, while Enterprise Value Over EBITDA is likely to drop 13.21.
 2021 2022 2023 2024 (projected)
Interest Expense24.9M31.1M49.1M51.5M
Depreciation And Amortization112.6M133.9M168.0M176.4M

Aritzia fundamental ratios Correlations

0.60.470.550.550.67-0.050.710.730.770.520.770.60.630.570.50.46-0.740.630.730.50.680.510.530.42-0.36
0.60.950.970.980.96-0.380.830.90.910.810.850.980.721.00.890.82-0.770.720.910.870.860.970.940.89-0.53
0.470.950.890.950.84-0.540.710.880.830.890.770.950.590.970.870.79-0.640.590.860.780.751.00.90.79-0.5
0.550.970.890.960.96-0.240.820.860.890.750.860.940.680.960.890.79-0.740.680.890.930.80.910.950.92-0.5
0.550.980.950.960.91-0.310.810.870.870.790.810.990.730.970.90.88-0.80.730.880.870.80.960.920.87-0.59
0.670.960.840.960.91-0.290.860.870.90.690.860.930.740.950.830.75-0.790.740.880.870.90.870.910.9-0.47
-0.05-0.38-0.54-0.24-0.31-0.29-0.06-0.46-0.35-0.55-0.22-0.35-0.23-0.44-0.34-0.330.07-0.23-0.35-0.19-0.37-0.5-0.23-0.34-0.19
0.710.830.710.820.810.86-0.060.720.760.540.680.870.750.780.560.62-0.830.750.730.590.890.750.820.78-0.75
0.730.90.880.860.870.87-0.460.720.990.920.950.870.620.910.870.73-0.690.620.990.820.730.90.840.78-0.32
0.770.910.830.890.870.9-0.350.760.990.860.970.870.670.90.860.75-0.750.670.990.850.760.860.840.82-0.33
0.520.810.890.750.790.69-0.550.540.920.860.840.780.340.840.810.6-0.430.340.90.710.520.890.810.61-0.29
0.770.850.770.860.810.86-0.220.680.950.970.840.790.540.850.870.66-0.660.540.980.880.650.790.830.72-0.28
0.60.980.950.940.990.93-0.350.870.870.870.780.790.760.970.840.84-0.810.760.870.810.870.960.920.86-0.63
0.630.720.590.680.730.74-0.230.750.620.670.340.540.760.670.60.85-0.951.00.610.570.870.610.50.75-0.45
0.571.00.970.960.970.95-0.440.780.910.90.840.850.970.670.910.81-0.720.670.910.880.830.980.940.87-0.49
0.50.890.870.890.90.83-0.340.560.870.860.810.870.840.60.910.87-0.690.60.890.940.620.870.80.77-0.32
0.460.820.790.790.880.75-0.330.620.730.750.60.660.840.850.810.87-0.860.850.740.770.710.790.630.79-0.45
-0.74-0.77-0.64-0.74-0.8-0.790.07-0.83-0.69-0.75-0.43-0.66-0.81-0.95-0.72-0.69-0.86-0.95-0.7-0.64-0.85-0.67-0.61-0.730.61
0.630.720.590.680.730.74-0.230.750.620.670.340.540.761.00.670.60.85-0.950.610.570.870.610.50.75-0.45
0.730.910.860.890.880.88-0.350.730.990.990.90.980.870.610.910.890.74-0.70.610.870.70.880.870.79-0.34
0.50.870.780.930.870.87-0.190.590.820.850.710.880.810.570.880.940.77-0.640.570.870.610.80.830.81-0.25
0.680.860.750.80.80.9-0.370.890.730.760.520.650.870.870.830.620.71-0.850.870.70.610.770.730.82-0.55
0.510.971.00.910.960.87-0.50.750.90.860.890.790.960.610.980.870.79-0.670.610.880.80.770.920.81-0.53
0.530.940.90.950.920.91-0.230.820.840.840.810.830.920.50.940.80.63-0.610.50.870.830.730.920.81-0.59
0.420.890.790.920.870.9-0.340.780.780.820.610.720.860.750.870.770.79-0.730.750.790.810.820.810.81-0.38
-0.36-0.53-0.5-0.5-0.59-0.47-0.19-0.75-0.32-0.33-0.29-0.28-0.63-0.45-0.49-0.32-0.450.61-0.45-0.34-0.25-0.55-0.53-0.59-0.38
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Aritzia Account Relationship Matchups

Pair Trading with Aritzia

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

Moving against Aritzia Stock

  0.4NVDA NVIDIA CDRPairCorr
The ability to find closely correlated positions to Aritzia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aritzia 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 Aritzia - 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 Aritzia to buy it.
The correlation of Aritzia 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 Aritzia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aritzia 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 Aritzia 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 Aritzia Stock

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