Canterbury Total Liab vs Long Term Debt 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 Total Liab and its Long Term Debt 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.
Total Liab vs Long Term Debt Total
Total Liab vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canterbury Park Holding Total Liab account and Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Canterbury Park's Total Liab and Long Term Debt Total is -0.83. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt 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 Total Liab and Long Term Debt 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 Total Liab of Canterbury Park Holding are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Liab i.e., Canterbury Park's Total Liab and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Long Term Debt Total
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 Profit | 47.9M | 52.9M | 20.2M | 32.2M | Total Revenue | 60.4M | 66.8M | 61.4M | 47.3M |
Canterbury Park fundamental ratios Correlations
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Canterbury Park Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canterbury Park fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 65.4M | 68.8M | 83.1M | 92.3M | 104.7M | 109.9M | |
Other Current Liab | 6.4M | 5.9M | 6.0M | 5.8M | 5.4M | 4.4M | |
Total Current Liabilities | 11.5M | 10.1M | 9.8M | 10.4M | 11.1M | 7.2M | |
Total Stockholder Equity | 49.4M | 51.3M | 64.4M | 71.2M | 81.8M | 85.9M | |
Property Plant And Equipment Net | 43.9M | 33.6M | 34.4M | 36.5M | 44.3M | 26.0M | |
Net Debt | (184.3K) | 233.7K | (11.8M) | (13.0M) | (21.9M) | (20.8M) | |
Retained Earnings | 26.6M | 27.6M | 39.4M | 45.2M | 54.4M | 57.1M | |
Accounts Payable | 3.5M | 3.0M | 2.3M | 3.4M | 4.6M | 2.4M | |
Cash | 355.4K | (116.8K) | 11.9M | 13.0M | 21.9M | 23.0M | |
Non Current Assets Total | 61.5M | 59.4M | 58.7M | 61.6M | 68.4M | 71.8M | |
Cash And Short Term Investments | 459.3K | (116.8K) | 11.9M | 18.0M | 26.9M | 28.3M | |
Net Receivables | 302.0K | 4.3M | 8.0M | 8.8M | 4.6M | 4.8M | |
Common Stock Shares Outstanding | 4.6M | 4.7M | 4.8M | 4.9M | 4.9M | 4.4M | |
Liabilities And Stockholders Equity | 65.4M | 68.8M | 83.1M | 92.3M | 104.7M | 109.9M | |
Other Current Assets | 2.8M | 5.0M | 4.3M | 3.7M | 4.6M | 4.8M | |
Other Stockholder Equity | 22.7M | 23.6M | 24.9M | 25.9M | 27.4M | 29.9M | |
Total Liab | 16.0M | 17.5M | 18.7M | 21.1M | 22.9M | 24.0M | |
Property Plant And Equipment Gross | 43.9M | 38.4M | 70.7M | 71.3M | 76.5M | 80.3M | |
Total Current Assets | 4.0M | 9.5M | 24.4M | 30.7M | 36.3M | 38.1M | |
Non Currrent Assets Other | 14.6M | 18.3M | 17.9M | 18.2M | 11.0K | 10.4K | |
Inventory | 390.1K | 218.8K | 248.4K | 262.1K | 249.4K | 207.6K | |
Short Long Term Debt Total | 171.1K | 116.8K | 68.8K | 19.0K | 62.4K | 59.3K | |
Short Term Debt | 54.3K | 48.0K | 49.8K | 19.0K | 27.0K | 25.6K | |
Other Assets | 23.7M | 59.35 | 17.9M | 18.2M | 163.2K | 155.0K | |
Common Stock Total Equity | 45.3K | 46.4K | 47.5K | 48.9K | 56.2K | 45.4K | |
Common Stock | 46.4K | 47.5K | 48.1K | 48.9K | 49.6K | 46.1K | |
Property Plant Equipment | 34.7M | 33.6M | 34.4M | 36.5M | 42.0M | 28.8M | |
Short Term Investments | 103.9K | 7.52 | 0.0 | 5M | 5.8M | 6.0M | |
Non Current Liabilities Total | 4.5M | 7.4M | 8.9M | 10.7M | 11.8M | 12.4M | |
Other Liab | 4.4M | 7.3M | 8.9M | 10.7M | 12.3M | 12.9M | |
Net Tangible Assets | 49.4M | 51.3M | 64.4M | 71.2M | 81.9M | 49.8M | |
Deferred Long Term Liab | 4.0M | 4.4M | 7.3M | 7.5M | 8.6M | 4.5M | |
Current Deferred Revenue | 1.5M | 435.9K | 733.3K | 413.4K | 274.9K | 261.2K | |
Capital Surpluse | 21.4M | 22.7M | 23.6M | 25.9M | 29.8M | 23.6M | |
Retained Earnings Total Equity | 25.3M | 26.6M | 27.6M | 45.2M | 52.0M | 29.9M | |
Capital Lease Obligations | 171.1K | 116.8K | 68.8K | 19.0K | 62.4K | 64.0K | |
Long Term Investments | 3.0M | 7.5M | 6.4M | 22.7M | 6.6M | 7.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.