Canterbury Other Stockholder Equity vs Non Current Assets Total Analysis

CPHC Stock  USD 19.62  1.13  5.45%   
Canterbury Park financial indicator trend analysis is way more than just evaluating Canterbury Park Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canterbury Park Holding is a good investment. Please check the relationship between Canterbury Park Other Stockholder Equity and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Other Stockholder Equity vs Non Current Assets Total

Other Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canterbury Park Holding Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Canterbury Park's Other Stockholder Equity and Non Current Assets Total is -0.17. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Canterbury Park Holding, assuming nothing else is changed. The correlation between historical values of Canterbury Park's Other Stockholder Equity and Non Current Assets Total 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 Canterbury Park Holding are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., Canterbury Park's Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Canterbury Park's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canterbury Park Holding 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 Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At present, Canterbury Park's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.82, whereas Selling General Administrative is forecasted to decline to about 5.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit47.9M52.9M20.2M32.2M
Total Revenue60.4M66.8M61.4M47.3M

Canterbury Park fundamental ratios Correlations

0.620.671.00.63-0.670.990.530.680.960.730.780.740.78-0.130.990.980.870.410.38-0.6-0.720.360.870.90.69
0.620.940.60.82-0.040.570.540.00.750.040.550.690.750.080.690.560.280.640.69-0.77-0.440.620.70.790.81
0.670.940.650.94-0.140.610.750.110.780.150.50.820.740.170.740.60.350.570.79-0.62-0.470.560.810.870.92
1.00.60.650.61-0.71.00.530.70.950.750.770.730.77-0.140.980.980.880.40.37-0.59-0.720.350.860.890.68
0.630.820.940.61-0.170.570.810.170.720.190.370.840.640.280.690.570.330.410.85-0.45-0.380.490.810.830.96
-0.67-0.04-0.14-0.7-0.17-0.72-0.34-0.99-0.45-0.98-0.5-0.41-0.27-0.07-0.58-0.73-0.930.240.060.10.250.12-0.55-0.45-0.29
0.990.570.611.00.57-0.720.490.720.940.770.780.690.75-0.180.970.980.90.370.32-0.6-0.720.330.850.860.64
0.530.540.750.530.81-0.340.490.310.550.330.230.810.430.380.550.440.390.160.7-0.16-0.320.20.760.720.78
0.680.00.110.70.17-0.990.720.310.460.990.480.40.280.080.590.730.93-0.26-0.06-0.07-0.25-0.140.520.440.29
0.960.750.780.950.72-0.450.940.550.460.510.710.760.83-0.170.980.910.690.560.53-0.68-0.770.480.860.930.74
0.730.040.150.750.19-0.980.770.330.990.510.520.40.320.010.650.770.95-0.2-0.05-0.15-0.32-0.10.550.480.31
0.780.550.50.770.37-0.50.780.230.480.710.520.560.63-0.270.770.830.740.620.08-0.61-0.550.440.670.740.49
0.740.690.820.730.84-0.410.690.810.40.760.40.560.620.310.750.680.560.460.69-0.24-0.480.390.850.920.85
0.780.750.740.770.64-0.270.750.430.280.830.320.630.620.030.810.70.530.490.36-0.75-0.630.310.710.770.73
-0.130.080.17-0.140.28-0.07-0.180.380.08-0.170.01-0.270.310.03-0.11-0.18-0.04-0.40.310.320.44-0.28-0.050.010.36
0.990.690.740.980.69-0.580.970.550.590.980.650.770.750.81-0.110.950.810.460.44-0.66-0.70.380.870.920.75
0.980.560.60.980.57-0.730.980.440.730.910.770.830.680.7-0.180.950.90.40.32-0.58-0.680.410.830.850.64
0.870.280.350.880.33-0.930.90.390.930.690.950.740.560.53-0.040.810.90.070.05-0.35-0.480.070.70.670.46
0.410.640.570.40.410.240.370.16-0.260.56-0.20.620.460.49-0.40.460.40.070.4-0.5-0.670.760.450.60.37
0.380.690.790.370.850.060.320.7-0.060.53-0.050.080.690.360.310.440.320.050.4-0.24-0.310.650.510.610.72
-0.6-0.77-0.62-0.59-0.450.1-0.6-0.16-0.07-0.68-0.15-0.61-0.24-0.750.32-0.66-0.58-0.35-0.5-0.240.46-0.45-0.5-0.53-0.48
-0.72-0.44-0.47-0.72-0.380.25-0.72-0.32-0.25-0.77-0.32-0.55-0.48-0.630.44-0.7-0.68-0.48-0.67-0.310.46-0.51-0.64-0.68-0.36
0.360.620.560.350.490.120.330.2-0.140.48-0.10.440.390.31-0.280.380.410.070.760.65-0.45-0.510.360.490.36
0.870.70.810.860.81-0.550.850.760.520.860.550.670.850.71-0.050.870.830.70.450.51-0.5-0.640.360.950.83
0.90.790.870.890.83-0.450.860.720.440.930.480.740.920.770.010.920.850.670.60.61-0.53-0.680.490.950.85
0.690.810.920.680.96-0.290.640.780.290.740.310.490.850.730.360.750.640.460.370.72-0.48-0.360.360.830.85
Click cells to compare fundamentals

Canterbury Park Account Relationship Matchups

Canterbury Park fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.4M68.8M83.1M92.3M104.7M109.9M
Other Current Liab6.4M5.9M6.0M5.8M5.4M4.4M
Total Current Liabilities11.5M10.1M9.8M10.4M11.1M7.2M
Total Stockholder Equity49.4M51.3M64.4M71.2M81.8M85.9M
Property Plant And Equipment Net43.9M33.6M34.4M36.5M44.3M26.0M
Net Debt(184.3K)233.7K(11.8M)(13.0M)(21.9M)(20.8M)
Retained Earnings26.6M27.6M39.4M45.2M54.4M57.1M
Accounts Payable3.5M3.0M2.3M3.4M4.6M2.4M
Cash355.4K(116.8K)11.9M13.0M21.9M23.0M
Non Current Assets Total61.5M59.4M58.7M61.6M68.4M71.8M
Cash And Short Term Investments459.3K(116.8K)11.9M18.0M26.9M28.3M
Net Receivables302.0K4.3M8.0M8.8M4.6M4.8M
Common Stock Shares Outstanding4.6M4.7M4.8M4.9M4.9M4.4M
Liabilities And Stockholders Equity65.4M68.8M83.1M92.3M104.7M109.9M
Other Current Assets2.8M5.0M4.3M3.7M4.6M4.8M
Other Stockholder Equity22.7M23.6M24.9M25.9M27.4M29.9M
Total Liab16.0M17.5M18.7M21.1M22.9M24.0M
Property Plant And Equipment Gross43.9M38.4M70.7M71.3M76.5M80.3M
Total Current Assets4.0M9.5M24.4M30.7M36.3M38.1M
Non Currrent Assets Other14.6M18.3M17.9M18.2M11.0K10.4K
Inventory390.1K218.8K248.4K262.1K249.4K207.6K
Short Long Term Debt Total171.1K116.8K68.8K19.0K62.4K59.3K
Short Term Debt54.3K48.0K49.8K19.0K27.0K25.6K
Other Assets23.7M59.3517.9M18.2M163.2K155.0K
Common Stock Total Equity45.3K46.4K47.5K48.9K56.2K45.4K
Common Stock46.4K47.5K48.1K48.9K49.6K46.1K
Property Plant Equipment34.7M33.6M34.4M36.5M42.0M28.8M
Short Term Investments103.9K7.520.05M5.8M6.0M
Non Current Liabilities Total4.5M7.4M8.9M10.7M11.8M12.4M
Other Liab4.4M7.3M8.9M10.7M12.3M12.9M
Net Tangible Assets49.4M51.3M64.4M71.2M81.9M49.8M
Deferred Long Term Liab4.0M4.4M7.3M7.5M8.6M4.5M
Current Deferred Revenue1.5M435.9K733.3K413.4K274.9K261.2K
Capital Surpluse21.4M22.7M23.6M25.9M29.8M23.6M
Retained Earnings Total Equity25.3M26.6M27.6M45.2M52.0M29.9M
Capital Lease Obligations171.1K116.8K68.8K19.0K62.4K64.0K
Long Term Investments3.0M7.5M6.4M22.7M6.6M7.4M

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When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.98
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0318
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park'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.