Canaccord Total Assets vs Total Current Liabilities Analysis

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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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canaccord Genuity Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Canaccord Genuity's Total Assets and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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 Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Canaccord Genuity Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Canaccord Genuity's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Canaccord Genuity assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canaccord Genuity books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Canaccord Genuity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canaccord Genuity Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Profit	477.4M	535.6M	616.0M	481.0M
Total Revenue	1.5B	1.5B	1.7B	934.8M

Gross Profit Total Revenue

Canaccord Genuity fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Retained Earnings	Accounts Payable	Common Stock Total Equity	Non Current Liabilities Total	Common Stock
Total Assets		0.37	0.24	0.97	0.84	0.46	-0.49	0.81	0.26	0.61	-0.18	0.89	0.93	0.66	0.7	-0.29	0.99	0.49	0.99	0.22	0.58	0.32	0.38	0.8	0.36	0.72
Short Long Term Debt Total	0.37		0.4	0.36	0.33	0.1	0.53	-0.01	0.16	-0.09	-0.1	0.22	0.39	0.13	0.53	-0.24	0.35	0.06	0.34	0.67	-0.33	0.27	-0.05	0.39	-0.03	0.41
Other Current Liab	0.24	0.4		0.17	0.2	0.5	0.14	0.1	0.52	0.39	-0.44	0.12	0.16	-0.21	0.12	-0.6	0.22	0.54	0.17	0.24	0.19	0.56	-0.38	0.02	0.39	0.01
Total Current Liabilities	0.97	0.36	0.17		0.79	0.33	-0.52	0.84	0.13	0.52	-0.04	0.95	0.89	0.67	0.78	-0.21	0.98	0.36	0.99	0.27	0.54	0.26	0.48	0.77	0.22	0.72
Total Stockholder Equity	0.84	0.33	0.2	0.79		0.27	-0.27	0.52	0.15	0.32	-0.05	0.7	0.75	0.71	0.74	-0.09	0.79	0.28	0.8	0.2	0.51	0.34	0.07	0.89	0.16	0.83
Property Plant And Equipment Net	0.46	0.1	0.5	0.33	0.27		-0.22	0.36	0.93	0.88	-0.88	0.24	0.48	0.07	-0.03	-0.67	0.43	0.98	0.39	-0.16	0.4	0.31	0.16	0.2	0.94	0.13
Net Debt	-0.49	0.53	0.14	-0.52	-0.27	-0.22		-0.85	0.04	-0.57	-0.05	-0.67	-0.34	-0.37	-0.11	-0.02	-0.53	-0.31	-0.54	0.37	-0.72	-0.02	-0.45	-0.22	-0.25	-0.13
Cash	0.81	-0.01	0.1	0.84	0.52	0.36	-0.85		0.1	0.65	-0.04	0.92	0.66	0.52	0.44	-0.15	0.84	0.43	0.85	-0.02	0.64	0.2	0.51	0.5	0.31	0.41
Non Current Assets Total	0.26	0.16	0.52	0.13	0.15	0.93	0.04	0.1		0.67	-0.97	0.0	0.34	-0.02	-0.16	-0.58	0.22	0.89	0.19	-0.12	0.18	0.21	0.04	0.13	0.89	0.11
Non Currrent Assets Other	0.61	-0.09	0.39	0.52	0.32	0.88	-0.57	0.65	0.67		-0.61	0.51	0.56	0.19	0.08	-0.58	0.61	0.9	0.57	-0.24	0.65	0.28	0.31	0.24	0.84	0.14
Other Assets	-0.18	-0.1	-0.44	-0.04	-0.05	-0.88	-0.05	-0.04	-0.97	-0.61		0.1	-0.29	0.07	0.29	0.53	-0.14	-0.84	-0.1	0.19	-0.13	-0.11	-0.04	-0.07	-0.85	-0.05
Cash And Short Term Investments	0.89	0.22	0.12	0.95	0.7	0.24	-0.67	0.92	0.0	0.51	0.1		0.72	0.62	0.75	-0.14	0.92	0.29	0.93	0.22	0.58	0.33	0.43	0.63	0.14	0.57
Net Receivables	0.93	0.39	0.16	0.89	0.75	0.48	-0.34	0.66	0.34	0.56	-0.29	0.72		0.63	0.57	-0.3	0.92	0.49	0.92	0.15	0.47	0.11	0.54	0.82	0.39	0.75
Common Stock Shares Outstanding	0.66	0.13	-0.21	0.67	0.71	0.07	-0.37	0.52	-0.02	0.19	0.07	0.62	0.63		0.55	0.43	0.66	0.02	0.68	0.03	0.43	-0.29	0.22	0.86	0.12	0.88
Short Term Investments	0.7	0.53	0.12	0.78	0.74	-0.03	-0.11	0.44	-0.16	0.08	0.29	0.75	0.57	0.55		-0.09	0.7	-0.05	0.72	0.56	0.25	0.42	0.14	0.62	-0.21	0.63
Other Stockholder Equity	-0.29	-0.24	-0.6	-0.21	-0.09	-0.67	-0.02	-0.15	-0.58	-0.58	0.53	-0.14	-0.3	0.43	-0.09		-0.27	-0.71	-0.23	-0.08	-0.24	-0.67	-0.18	0.13	-0.48	0.23
Total Liab	0.99	0.35	0.22	0.98	0.79	0.43	-0.53	0.84	0.22	0.61	-0.14	0.92	0.92	0.66	0.7	-0.27		0.46	1.0	0.23	0.57	0.28	0.44	0.77	0.33	0.69
Property Plant And Equipment Gross	0.49	0.06	0.54	0.36	0.28	0.98	-0.31	0.43	0.89	0.9	-0.84	0.29	0.49	0.02	-0.05	-0.71	0.46		0.42	-0.18	0.45	0.37	0.21	0.19	0.92	0.09
Total Current Assets	0.99	0.34	0.17	0.99	0.8	0.39	-0.54	0.85	0.19	0.57	-0.1	0.93	0.92	0.68	0.72	-0.23	1.0	0.42		0.23	0.57	0.26	0.47	0.78	0.29	0.72
Short Term Debt	0.22	0.67	0.24	0.27	0.2	-0.16	0.37	-0.02	-0.12	-0.24	0.19	0.22	0.15	0.03	0.56	-0.08	0.23	-0.18	0.23		-0.36	0.45	-0.18	0.08	-0.25	0.12
Current Deferred Revenue	0.58	-0.33	0.19	0.54	0.51	0.4	-0.72	0.64	0.18	0.65	-0.13	0.58	0.47	0.43	0.25	-0.24	0.57	0.45	0.57	-0.36		0.21	0.2	0.4	0.37	0.32
Retained Earnings	0.32	0.27	0.56	0.26	0.34	0.31	-0.02	0.2	0.21	0.28	-0.11	0.33	0.11	-0.29	0.42	-0.67	0.28	0.37	0.26	0.45	0.21		-0.26	-0.06	0.12	-0.16
Accounts Payable	0.38	-0.05	-0.38	0.48	0.07	0.16	-0.45	0.51	0.04	0.31	-0.04	0.43	0.54	0.22	0.14	-0.18	0.44	0.21	0.47	-0.18	0.2	-0.26		0.23	0.12	0.2
Common Stock Total Equity	0.8	0.39	0.02	0.77	0.89	0.2	-0.22	0.5	0.13	0.24	-0.07	0.63	0.82	0.86	0.62	0.13	0.77	0.19	0.78	0.08	0.4	-0.06	0.23		0.17	0.97
Non Current Liabilities Total	0.36	-0.03	0.39	0.22	0.16	0.94	-0.25	0.31	0.89	0.84	-0.85	0.14	0.39	0.12	-0.21	-0.48	0.33	0.92	0.29	-0.25	0.37	0.12	0.12	0.17		0.09
Common Stock	0.72	0.41	0.01	0.72	0.83	0.13	-0.13	0.41	0.11	0.14	-0.05	0.57	0.75	0.88	0.63	0.23	0.69	0.09	0.72	0.12	0.32	-0.16	0.2	0.97	0.09

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Canaccord Genuity Account Relationship Matchups

Canaccord Genuity fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.6B	7.3B	6.3B	6.1B	7.1B	4.2B
Short Long Term Debt Total	348.8M	285.1M	433.9M	604.8M	695.5M	385.0M
Other Current Liab	3.5B	(2.7B)	2.6B	2.4B	2.8B	2.9B
Total Current Liabilities	6.3B	5.5B	4.4B	4.0B	4.6B	3.4B
Total Stockholder Equity	1.1B	1.2B	1.1B	995.6M	1.1B	716.3M
Property Plant And Equipment Net	108.3M	151.7M	151.9M	254.3M	292.4M	307.0M
Net Debt	(1.5B)	(1.5B)	(574.6M)	(250.9M)	(225.8M)	(237.1M)
Cash	1.9B	1.8B	1.0B	855.6M	983.9M	705.9M
Non Current Assets Total	732.7M	970.1M	1.2B	5.3B	6.1B	6.4B
Other Assets	81.2M	98.2M	90.7M	(4.0B)	(3.6B)	(3.4B)
Cash And Short Term Investments	2.9B	2.8B	1.7B	1.4B	1.6B	1.3B
Net Receivables	3.5B	2.9B	3.1B	3.2B	3.7B	2.2B
Common Stock Shares Outstanding	109.0M	109.4M	87.4M	91.8M	105.5M	83.2M
Short Term Investments	1.0B	1.1B	715.1M	575.0M	661.3M	652.0M
Liabilities And Stockholders Equity	7.6B	7.3B	6.3B	6.1B	7.1B	4.2B
Other Stockholder Equity	101.5M	62.4M	64.2M	49.4M	44.5M	42.2M
Total Liab	6.5B	5.8B	4.9B	4.8B	5.5B	3.5B
Property Plant And Equipment Gross	277.8M	330.8M	364.3M	501.8M	577.0M	605.9M
Total Current Assets	6.9B	6.3B	5.1B	4.9B	5.6B	3.7B
Short Term Debt	236.4M	14.1M	20.8M	45.8M	41.2M	39.1M
Current Deferred Revenue	2.7B	2.2B	2.0B	1.4B	1.7B	1.1B
Retained Earnings	73.2M	251.5M	119.6M	58.5M	52.7M	38.6M
Accounts Payable	2.6B	2.7B	1.7B	1.6B	1.8B	2.0B
Non Current Liabilities Total	169.9M	347.7M	540.4M	734.7M	844.9M	887.1M
Accumulated Other Comprehensive Income	103.5M	69.1M	105.2M	114.9M	132.2M	138.8M
Common Stock	662.4M	576.2M	566.3M	616.5M	709.0M	504.2M
Other Current Assets	494.5M	512.1M	332.1M	268.8M	309.1M	293.6M
Good Will	380.1M	510.3M	622.8M	615.5M	707.9M	463.2M
Intangible Assets	150.9M	187.0M	305.9M	288.3M	331.5M	186.8M
Other Liab	140.3M	68.2M	33.1M	59.5M	68.5M	46.5M
Net Tangible Assets	146.0M	157.4M	370.4M	275.2M	247.6M	199.0M
Long Term Investments	12.2M	22.9M	18.1M	12.9M	14.8M	11.2M
Short Long Term Debt	1.1B	14.1M	20.8M	21.2M	24.3M	23.1M
Property Plant Equipment	131.0M	108.3M	151.7M	151.9M	174.7M	183.4M
Capital Surpluse	101.5M	62.4M	64.2M	49.4M	44.5M	71.9M
Long Term Debt	66.2M	145.5M	293.8M	368.8M	424.2M	445.4M
Long Term Debt Total	296.4M	136.8M	247.1M	386.3M	444.3M	224.0M

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

0.86	BEP-PM	Brookfield Renewable	Pair Corr
0.74	ENB-PFC	Enbridge Pref 11	Pair Corr
0.73	ATX	ATEX Resources	Pair Corr
0.53	SOU	Southern Energy Corp	Pair Corr
0.52	PEI	Prospera Energy	Pair Corr

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 Correlation Correlation 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.

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Canaccord Total Assets vs Total Current Liabilities Analysis

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Total Assets

Total Current Liabilities

Canaccord Genuity fundamental ratios Correlations

Canaccord Genuity Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canaccord Genuity fundamental ratios Accounts

Pair Trading with Canaccord Genuity

Moving against Canaccord Stock

Other Information on Investing in Canaccord Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Liab
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities
Total Liab	+ 0.98	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net

Other Assets	- 0.97	Non Current Assets Total
Other Assets	- 0.88	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.85	Other Assets
Cash	- 0.85	Net Debt
Property Plant And Equipment Gross	- 0.84	Other Assets
Current Deferred Revenue	- 0.72	Net Debt