Canaccord Other Stockholder Equity vs Total Stockholder Equity Analysis

CF Stock  CAD 8.20  0.08  0.99%   
Canaccord Genuity financial indicator trend analysis is way more than just evaluating Canaccord Genuity prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canaccord Genuity is a good investment. Please check the relationship between Canaccord Genuity Other Stockholder Equity and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canaccord Genuity Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Other Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canaccord Genuity Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Canaccord Genuity's Other Stockholder Equity and Total Stockholder Equity is -0.09. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Canaccord Genuity Group, assuming nothing else is changed. The correlation between historical values of Canaccord Genuity's Other Stockholder Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Canaccord Genuity Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Canaccord Genuity's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Canaccord Genuity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canaccord Genuity 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 Canaccord Genuity Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Canaccord Genuity's Tax Provision is very stable compared to the past year. As of the 1st of March 2025, Enterprise Value Over EBITDA is likely to grow to 2.66, while Selling General Administrative is likely to drop about 120.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit477.4M535.6M616.0M481.0M
Total Revenue1.5B1.5B1.7B934.8M

Canaccord Genuity fundamental ratios Correlations

0.370.240.970.840.46-0.490.810.260.61-0.180.890.930.660.7-0.290.990.490.990.220.580.320.380.80.360.72
0.370.40.360.330.10.53-0.010.16-0.09-0.10.220.390.130.53-0.240.350.060.340.67-0.330.27-0.050.39-0.030.41
0.240.40.170.20.50.140.10.520.39-0.440.120.16-0.210.12-0.60.220.540.170.240.190.56-0.380.020.390.01
0.970.360.170.790.33-0.520.840.130.52-0.040.950.890.670.78-0.210.980.360.990.270.540.260.480.770.220.72
0.840.330.20.790.27-0.270.520.150.32-0.050.70.750.710.74-0.090.790.280.80.20.510.340.070.890.160.83
0.460.10.50.330.27-0.220.360.930.88-0.880.240.480.07-0.03-0.670.430.980.39-0.160.40.310.160.20.940.13
-0.490.530.14-0.52-0.27-0.22-0.850.04-0.57-0.05-0.67-0.34-0.37-0.11-0.02-0.53-0.31-0.540.37-0.72-0.02-0.45-0.22-0.25-0.13
0.81-0.010.10.840.520.36-0.850.10.65-0.040.920.660.520.44-0.150.840.430.85-0.020.640.20.510.50.310.41
0.260.160.520.130.150.930.040.10.67-0.970.00.34-0.02-0.16-0.580.220.890.19-0.120.180.210.040.130.890.11
0.61-0.090.390.520.320.88-0.570.650.67-0.610.510.560.190.08-0.580.610.90.57-0.240.650.280.310.240.840.14
-0.18-0.1-0.44-0.04-0.05-0.88-0.05-0.04-0.97-0.610.1-0.290.070.290.53-0.14-0.84-0.10.19-0.13-0.11-0.04-0.07-0.85-0.05
0.890.220.120.950.70.24-0.670.920.00.510.10.720.620.75-0.140.920.290.930.220.580.330.430.630.140.57
0.930.390.160.890.750.48-0.340.660.340.56-0.290.720.630.57-0.30.920.490.920.150.470.110.540.820.390.75
0.660.13-0.210.670.710.07-0.370.52-0.020.190.070.620.630.550.430.660.020.680.030.43-0.290.220.860.120.88
0.70.530.120.780.74-0.03-0.110.44-0.160.080.290.750.570.55-0.090.7-0.050.720.560.250.420.140.62-0.210.63
-0.29-0.24-0.6-0.21-0.09-0.67-0.02-0.15-0.58-0.580.53-0.14-0.30.43-0.09-0.27-0.71-0.23-0.08-0.24-0.67-0.180.13-0.480.23
0.990.350.220.980.790.43-0.530.840.220.61-0.140.920.920.660.7-0.270.461.00.230.570.280.440.770.330.69
0.490.060.540.360.280.98-0.310.430.890.9-0.840.290.490.02-0.05-0.710.460.42-0.180.450.370.210.190.920.09
0.990.340.170.990.80.39-0.540.850.190.57-0.10.930.920.680.72-0.231.00.420.230.570.260.470.780.290.72
0.220.670.240.270.2-0.160.37-0.02-0.12-0.240.190.220.150.030.56-0.080.23-0.180.23-0.360.45-0.180.08-0.250.12
0.58-0.330.190.540.510.4-0.720.640.180.65-0.130.580.470.430.25-0.240.570.450.57-0.360.210.20.40.370.32
0.320.270.560.260.340.31-0.020.20.210.28-0.110.330.11-0.290.42-0.670.280.370.260.450.21-0.26-0.060.12-0.16
0.38-0.05-0.380.480.070.16-0.450.510.040.31-0.040.430.540.220.14-0.180.440.210.47-0.180.2-0.260.230.120.2
0.80.390.020.770.890.2-0.220.50.130.24-0.070.630.820.860.620.130.770.190.780.080.4-0.060.230.170.97
0.36-0.030.390.220.160.94-0.250.310.890.84-0.850.140.390.12-0.21-0.480.330.920.29-0.250.370.120.120.170.09
0.720.410.010.720.830.13-0.130.410.110.14-0.050.570.750.880.630.230.690.090.720.120.32-0.160.20.970.09
Click cells to compare fundamentals

Canaccord Genuity Account Relationship Matchups

Canaccord Genuity fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.6B7.3B6.3B6.1B7.1B4.2B
Short Long Term Debt Total348.8M285.1M433.9M604.8M695.5M385.0M
Other Current Liab3.5B(2.7B)2.6B2.4B2.8B2.9B
Total Current Liabilities6.3B5.5B4.4B4.0B4.6B3.4B
Total Stockholder Equity1.1B1.2B1.1B995.6M1.1B716.3M
Property Plant And Equipment Net108.3M151.7M151.9M254.3M292.4M307.0M
Net Debt(1.5B)(1.5B)(574.6M)(250.9M)(225.8M)(237.1M)
Cash1.9B1.8B1.0B855.6M983.9M705.9M
Non Current Assets Total732.7M970.1M1.2B5.3B6.1B6.4B
Other Assets81.2M98.2M90.7M(4.0B)(3.6B)(3.4B)
Cash And Short Term Investments2.9B2.8B1.7B1.4B1.6B1.3B
Net Receivables3.5B2.9B3.1B3.2B3.7B2.2B
Common Stock Shares Outstanding109.0M109.4M87.4M91.8M105.5M83.2M
Short Term Investments1.0B1.1B715.1M575.0M661.3M652.0M
Liabilities And Stockholders Equity7.6B7.3B6.3B6.1B7.1B4.2B
Other Stockholder Equity101.5M62.4M64.2M49.4M44.5M42.2M
Total Liab6.5B5.8B4.9B4.8B5.5B3.5B
Property Plant And Equipment Gross277.8M330.8M364.3M501.8M577.0M605.9M
Total Current Assets6.9B6.3B5.1B4.9B5.6B3.7B
Short Term Debt236.4M14.1M20.8M45.8M41.2M39.1M
Current Deferred Revenue2.7B2.2B2.0B1.4B1.7B1.1B
Retained Earnings73.2M251.5M119.6M58.5M52.7M38.6M
Accounts Payable2.6B2.7B1.7B1.6B1.8B2.0B
Non Current Liabilities Total169.9M347.7M540.4M734.7M844.9M887.1M
Accumulated Other Comprehensive Income103.5M69.1M105.2M114.9M132.2M138.8M
Common Stock662.4M576.2M566.3M616.5M709.0M504.2M
Other Current Assets494.5M512.1M332.1M268.8M309.1M293.6M
Good Will380.1M510.3M622.8M615.5M707.9M463.2M
Intangible Assets150.9M187.0M305.9M288.3M331.5M186.8M
Other Liab140.3M68.2M33.1M59.5M68.5M46.5M
Net Tangible Assets146.0M157.4M370.4M275.2M247.6M199.0M
Long Term Investments12.2M22.9M18.1M12.9M14.8M11.2M
Short Long Term Debt1.1B14.1M20.8M21.2M24.3M23.1M
Property Plant Equipment131.0M108.3M151.7M151.9M174.7M183.4M
Capital Surpluse101.5M62.4M64.2M49.4M44.5M71.9M
Long Term Debt66.2M145.5M293.8M368.8M424.2M445.4M
Long Term Debt Total296.4M136.8M247.1M386.3M444.3M224.0M

Pair Trading with Canaccord Genuity

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

Moving against Canaccord Stock

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

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