| CCB Stock | | | CAD 0.02 0.01 100.00% |
Canada Carbon financial indicator trend analysis is way more than just evaluating Canada Carbon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Carbon is a good investment. Please check the relationship between Canada Carbon Capital Expenditures and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Canada Carbon. 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Canada Carbon Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Canada Carbon's Capital Expenditures and Depreciation is 0.5. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Canada Carbon, assuming nothing else is changed. The correlation between historical values of Canada Carbon's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Canada Carbon are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Canada Carbon's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Canada Carbon to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Canada Carbon operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Canada Carbon value has been used up. For tax purposes Canada Carbon can deduct the cost of the tangible assets it purchases as business expenses. However, Canada Carbon must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Canada Carbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Carbon 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 Canada Carbon. 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, Canada Carbon's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is expected to grow to 305.13 this year, even though
Issuance Of Capital Stock is projected to decline to slightly above 966.3
K.
Canada Carbon fundamental ratios Correlations
Click cells to compare fundamentals
Canada Carbon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canada Carbon fundamental ratios Accounts
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Additional Tools for Canada Stock Analysis
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measure Canada Carbon'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 Canada Carbon is operating at the current time. Most of Canada Carbon's value examination focuses on studying past and present price action to
predict the probability of Canada Carbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Carbon's price. Additionally, you may evaluate how the addition of Canada Carbon to your portfolios can decrease your overall portfolio volatility.