Colliers Net Income vs Selling General Administrative Analysis
CIGI Stock | CAD 208.74 2.89 1.37% |
Colliers International financial indicator trend analysis is way more than just evaluating Colliers International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colliers International is a good investment. Please check the relationship between Colliers International Net Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colliers International 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 board of governors.
Net Income vs Selling General Administrative
Net Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colliers International Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Colliers International's Net Income and Selling General Administrative is 0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Colliers International Group, assuming nothing else is changed. The correlation between historical values of Colliers International's Net Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Colliers International Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., Colliers International's Net Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Colliers International financial statement analysis. It represents the amount of money remaining after all of Colliers International Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Selling General Administrative
Most indicators from Colliers International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colliers International 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 Colliers International 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 board of governors. At this time, Colliers International's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Discontinued Operations is likely to drop about 943.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 31.8M | 48.6M | 94.1M | 98.8M | Depreciation And Amortization | 145.1M | 177.4M | 202.5M | 212.7M |
Colliers International fundamental ratios Correlations
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Colliers International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colliers International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9B | 3.3B | 3.9B | 5.1B | 5.5B | 5.8B | |
Short Long Term Debt Total | 910.5M | 1.3B | 1.3B | 2.1B | 2.1B | 2.2B | |
Other Current Liab | 572.5M | 477.8M | 842.3M | 695.5M | 639.0M | 670.9M | |
Total Current Liabilities | 924.3M | 1.1B | 1.5B | 1.3B | 1.4B | 1.5B | |
Total Stockholder Equity | 517.3M | 586.1M | 585.3M | 493.4M | 848.0M | 890.4M | |
Property Plant And Equipment Net | 370.8M | 417.4M | 461.3M | 506.1M | 593.4M | 623.1M | |
Net Debt | 795.5M | 1.1B | 900.0M | 1.9B | 2.0B | 2.1B | |
Accounts Payable | 261.9M | 297.8M | 391.2M | 503.2M | 525.2M | 551.5M | |
Cash | 115.0M | 156.6M | 396.7M | 173.7M | 181.1M | 93.3M | |
Non Current Assets Total | 2.2B | 2.3B | 2.3B | 3.9B | 4.0B | 4.2B | |
Non Currrent Assets Other | 324.0M | 74.3M | 120.7M | 114.2M | 243.2M | 255.4M | |
Cash And Short Term Investments | 115.0M | 156.6M | 396.7M | 173.7M | 218.9M | 229.8M | |
Net Receivables | 465.6M | 433.3M | 573.7M | 669.8M | 726.8M | 763.1M | |
Common Stock Shares Outstanding | 40.0M | 40.2M | 42.9M | 43.9M | 46.3M | 33.4M | |
Liabilities And Stockholders Equity | 2.9B | 3.3B | 3.9B | 5.1B | 5.5B | 5.8B | |
Non Current Liabilities Total | 1.1B | 1.6B | 1.8B | 3.3B | 2.1B | 2.2B | |
Inventory | 10.7M | 20.9M | 29.8M | 45.4M | 278.0M | 291.9M | |
Other Current Assets | 153.7M | 163.7M | 567.5M | 300.6M | 528.6M | 555.1M | |
Other Stockholder Equity | 60.7M | 67.0M | 79.4M | 104.5M | 123.4M | 74.9M | |
Total Liab | 2.0B | 2.7B | 3.3B | 4.6B | 3.6B | 3.7B | |
Property Plant And Equipment Gross | 370.8M | 417.4M | 461.3M | 506.1M | 922.5M | 968.6M | |
Total Current Assets | 718.1M | 1.0B | 1.5B | 1.2B | 1.5B | 1.5B | |
Accumulated Other Comprehensive Income | (67.2M) | (62.0M) | (70.3M) | (76.3M) | (69.6M) | (66.1M) | |
Short Term Debt | 74.1M | 306.0M | 245.3M | 110.6M | 260.5M | 273.5M | |
Retained Earnings | 77.2M | 119.4M | (279.7M) | (384.2M) | (332.9M) | (316.2M) | |
Intangible Assets | 477.5M | 610.3M | 561.8M | 1.2B | 1.1B | 1.1B | |
Common Stock Total Equity | 407.0M | 415.8M | 442.2M | 458.0M | 526.7M | 553.0M | |
Common Stock | 442.2M | 458.0M | 852.2M | 845.7M | 1.1B | 1.2B | |
Current Deferred Revenue | 24.1M | 21.1M | 30.4M | 25.6M | 10.5M | 10.0M | |
Good Will | 949.2M | 1.1B | 1.1B | 2.0B | 2.0B | 2.1B | |
Other Liab | 255.6M | 208.9M | 185.9M | 197.1M | 226.7M | 186.0M | |
Net Tangible Assets | (913.8M) | (1.1B) | (1.1B) | (2.7B) | (2.4B) | (2.3B) | |
Other Assets | 361.5M | 119.3M | 189.2M | 82.4M | 74.2M | 142.5M | |
Long Term Debt | 606.9M | 694.8M | 754.8M | 1.7B | 1.5B | 1.6B | |
Deferred Long Term Liab | 4.5M | 3.8M | 2.5M | 4.0M | 4.6M | 3.3M | |
Long Term Investments | 15.7M | 20.4M | 42.2M | 52.6M | 48.2M | 50.6M | |
Short Long Term Debt | 4.2M | 227.0M | 164.4M | 25.6M | 170.6M | 179.1M | |
Property Plant Equipment | 370.8M | 417.4M | 461.3M | 506.1M | 582.0M | 611.1M | |
Long Term Debt Total | 607.2M | 694.8M | 754.8M | 1.7B | 1.9B | 2.0B | |
Capital Surpluse | 60.7M | 67.0M | 79.4M | 104.5M | 120.2M | 70.9M |
Pair Trading with Colliers International
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 Colliers International 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 Colliers International will appreciate offsetting losses from the drop in the long position's value.Moving against Colliers Stock
The ability to find closely correlated positions to Colliers International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colliers International 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 Colliers International - 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 Colliers International Group to buy it.
The correlation of Colliers International 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 Colliers International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colliers International 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 Colliers International 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colliers International 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 board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.