| CAE Stock | | | CAD 32.91 0.31 0.95% |
CAE financial indicator trend analysis is way more than just evaluating CAE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAE Inc is a good investment. Please check the relationship between CAE Short Term Investments and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE 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.
Short Term Investments vs Accounts Payable
Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CAE Inc Short Term Investments account and
Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CAE's Short Term Investments and Accounts Payable is -0.53. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CAE Inc, assuming nothing else is changed. The correlation between historical values of CAE's Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of CAE Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Investments i.e., CAE's Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of CAE balance sheet. It contains any investments CAE Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CAE Inc can easily liquidate in the marketplace.
Accounts Payable
An accounting item on the balance sheet that represents CAE obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CAE Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from CAE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAE 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 CAE 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, CAE's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 30th of November 2024,
Enterprise Value Multiple is likely to grow to 103.95, while
Selling General Administrative is likely to drop about 323.8
M.
CAE fundamental ratios Correlations
Click cells to compare fundamentals
CAE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CAE fundamental ratios Accounts
When determining whether CAE Inc is a strong investment it is important to analyze CAE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAE's
future performance.
For an informed investment choice regarding CAE Stock, refer to the following important reports: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE 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.
You can also try the
Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.