Aritzia Long Term Debt vs Other Assets 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 Long Term Debt and its Other Assets 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.

Long Term Debt vs Other Assets

Long Term Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aritzia Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Aritzia's Long Term Debt and Other Assets is -0.86. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Aritzia, assuming nothing else is changed. The correlation between historical values of Aritzia's Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Aritzia are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., Aritzia's Long Term Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Aritzia has held for over one year. Long-term debt appears on Aritzia balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Aritzia balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Assets

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
Click cells to compare fundamentals

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.