Artis Cash And Short Term Investments vs Non Currrent Assets Other Analysis
AX-UN Stock | CAD 7.78 0.10 1.30% |
Artis Real financial indicator trend analysis is way more than just evaluating Artis Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artis Real Estate is a good investment. Please check the relationship between Artis Real Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artis Real Estate. 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.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artis Real Estate Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Artis Real's Cash And Short Term Investments and Non Currrent Assets Other is 0.17. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Artis Real Estate, assuming nothing else is changed. The correlation between historical values of Artis Real's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Artis Real Estate are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Artis Real's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Artis Real Estate balance sheet. This account contains Artis Real investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Artis Real Estate fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Artis Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artis Real Estate 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 Artis Real Estate. 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. Selling General Administrative is likely to drop to about 4.6 M in 2024. Tax Provision is likely to gain to about (5.3 M) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 67.1M | 87.2M | 119.3M | 79.3M | Depreciation And Amortization | 173.2M | 193.2M | 1.2M | 1.2M |
Artis Real fundamental ratios Correlations
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Artis Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Artis Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3B | 4.9B | 4.6B | 4.6B | 3.7B | 3.8B | |
Short Long Term Debt Total | 2.7B | 2.4B | 2.0B | 2.2B | 1.9B | 1.9B | |
Other Current Liab | 38.1M | 50.2M | 74.2M | 33.3M | 53.6M | 30.5M | |
Total Current Liabilities | 717.2M | 877.6M | 954.5M | 1.4B | 971.5M | 570.3M | |
Total Stockholder Equity | 2.5B | 2.3B | 2.5B | 2.2B | 1.7B | 1.8B | |
Net Debt | 2.7B | 2.4B | 1.7B | 2.2B | 1.9B | 1.9B | |
Retained Earnings | 169.2M | 91.0M | 86.7M | (73.0M) | (488.9M) | (464.4M) | |
Accounts Payable | 39.0M | 35.4M | 36.8M | 29.5M | 18.7M | 27.5M | |
Cash | 42.5M | 34.7M | 221.5M | 29.2M | 28.9M | 56.5M | |
Other Assets | 141.8M | 69.9M | 84.5M | 86.7M | 99.7M | 80.9M | |
Cash And Short Term Investments | 42.5M | 34.7M | 221.5M | 29.2M | 28.9M | 57.1M | |
Net Receivables | 7.7M | 18.8M | 15.5M | 18.3M | 30.7M | 20.7M | |
Common Stock Shares Outstanding | 142.4M | 136.6M | 130.0M | 118.5M | 111.3M | 103.1M | |
Liabilities And Stockholders Equity | 5.3B | 4.9B | 4.6B | 4.6B | 3.7B | 3.8B | |
Non Current Liabilities Total | 2.1B | 1.6B | 1.2B | 974.1M | 1.0B | 1.5B | |
Other Current Assets | 16.5M | 30.5M | 40.2M | 22.8M | 15.4M | 15.9M | |
Other Stockholder Equity | 175.0M | 49.3M | 68.7M | 87.8M | 150.7M | 162.2M | |
Total Liab | 2.9B | 2.5B | 2.1B | 2.3B | 2.0B | 2.0B | |
Total Current Assets | 320.5M | 173.6M | 340.1M | 406.1M | 646.8M | 679.2M | |
Common Stock | 1.8B | 1.8B | 1.9B | 1.8B | 1.6B | 1.5B | |
Property Plant And Equipment Net | 7.8M | 7.5M | 6.4M | 5.3M | 4.3M | 4.1M | |
Non Current Assets Total | 5.0B | 4.7B | 4.2B | 4.1B | 3.1B | 3.8B | |
Non Currrent Assets Other | 4.8B | 4.5B | 4.0B | 3.4B | 2.5B | 3.0B | |
Short Term Debt | 596.1M | 750.4M | 801.5M | 1.3B | 863.2M | 542.0M | |
Inventory | 236.5M | 89.5M | 62.9M | 335.8M | 571.8M | 600.3M | |
Accumulated Other Comprehensive Income | 33.3M | 147.2M | 145.8M | 256.6M | 224.3M | 235.5M | |
Current Deferred Revenue | 32.8M | 30.1M | 31.9M | 25.5M | 23.7M | 23.8M | |
Other Liab | 1M | 1.8M | 889K | 10.5M | 12.0M | 12.6M | |
Net Tangible Assets | 2.2B | 2.0B | 2.2B | 2.0B | 1.8B | 1.8B | |
Long Term Debt | 2.1B | 1.6B | 1.2B | 962.7M | 1.0B | 1.4B | |
Long Term Investments | 186.6M | 200.3M | 257.3M | 757.0M | 556.3M | 286.2M | |
Short Long Term Debt | 596.1M | 750.4M | 801.5M | 1.3B | 863.2M | 723.8M | |
Property Plant Equipment | 4.7B | 4.4B | 3.9B | 3.3B | 3.0B | 3.7B | |
Non Current Liabilities Other | 1M | 1.8M | 2.0M | 1.9M | 1.6M | 2.8M | |
Net Invested Capital | 4.9B | 4.4B | 4.1B | 4.2B | 3.4B | 3.6B | |
Net Working Capital | (396.7M) | (704.0M) | (614.5M) | (944.6M) | (324.6M) | (340.9M) | |
Capital Stock | 2.1B | 2.0B | 2.2B | 2.0B | 1.8B | 1.7B |
Pair Trading with Artis Real
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 Artis Real 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 Artis Real will appreciate offsetting losses from the drop in the long position's value.Moving against Artis Stock
The ability to find closely correlated positions to Artis Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artis Real 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 Artis Real - 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 Artis Real Estate to buy it.
The correlation of Artis Real 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 Artis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artis Real Estate 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 Artis Real 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.Additional Tools for Artis Stock Analysis
When running Artis Real's price analysis, check to measure Artis Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Artis Real is operating at the current time. Most of Artis Real's value examination focuses on studying past and present price action to predict the probability of Artis Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artis Real's price. Additionally, you may evaluate how the addition of Artis Real to your portfolios can decrease your overall portfolio volatility.