Ceres Free Cash Flow Yield vs Book Value Per Share Analysis

CRP Stock

CAD 3.29 0.09 2.81%

Ceres Global financial indicator trend analysis is way more than just evaluating Ceres Global Ag prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceres Global Ag is a good investment. Please check the relationship between Ceres Global Free Cash Flow Yield and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceres Global Ag. 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.

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceres Global Ag Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ceres Global's Free Cash Flow Yield and Book Value Per Share is -0.22. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Ceres Global Ag, assuming nothing else is changed. The correlation between historical values of Ceres Global's Free Cash Flow Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Ceres Global Ag are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Ceres Global's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Ceres Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceres Global Ag 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 Ceres Global Ag. 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, Ceres Global's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value is likely to grow to about 179.9 M, while Selling General Administrative is likely to drop about 7.6 M.

Ceres Global fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Total Current Liabilities	Net Debt	Cash	Inventory	Other Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Property Plant And Equipment Gross	Accounts Payable	Intangible Assets
Total Assets		0.55	0.09	-0.59	-0.48	0.69	0.45	-0.61	-0.64	0.97	0.72	0.02	0.41	0.87	0.93	0.28	0.58	0.5	0.45	0.42	0.55	-0.33	0.42	0.55	0.55	0.49
Total Stockholder Equity	0.55		0.11	-0.42	-0.4	0.19	0.31	-0.42	-0.43	0.34	0.27	-0.32	0.04	0.18	0.36	-0.07	0.41	0.05	-0.05	0.56	0.44	-0.66	0.34	0.46	0.23	0.11
Retained Earnings	0.09	0.11		0.32	0.56	-0.37	-0.76	0.38	0.32	0.07	0.7	0.67	0.29	0.14	0.14	0.76	0.44	-0.26	0.65	-0.66	-0.64	0.33	0.06	-0.58	-0.6	-0.26
Other Assets	-0.59	-0.42	0.32		0.94	-0.4	-0.52	0.99	0.99	-0.54	-0.14	0.57	0.09	-0.46	-0.61	0.11	-0.56	-0.26	0.31	-0.41	-0.42	0.16	0.07	-0.36	-0.33	-0.14
Cash And Short Term Investments	-0.48	-0.4	0.56	0.94		-0.45	-0.69	0.96	0.94	-0.43	0.11	0.7	0.09	-0.35	-0.46	0.43	-0.35	-0.29	0.51	-0.58	-0.59	0.22	0.11	-0.51	-0.47	-0.25
Net Receivables	0.69	0.19	-0.37	-0.4	-0.45		0.78	-0.46	-0.48	0.73	0.19	-0.27	0.36	0.58	0.55	-0.1	-0.11	0.82	0.13	0.52	0.79	-0.35	0.48	0.8	0.84	0.8
Common Stock Shares Outstanding	0.45	0.31	-0.76	-0.52	-0.69	0.78		-0.58	-0.56	0.42	-0.28	-0.63	-0.11	0.24	0.32	-0.57	-0.2	0.52	-0.33	0.87	0.95	-0.6	0.34	0.91	0.87	0.65
Short Term Investments	-0.61	-0.42	0.38	0.99	0.96	-0.46	-0.58		0.99	-0.57	-0.12	0.59	0.04	-0.49	-0.62	0.17	-0.51	-0.32	0.33	-0.45	-0.49	0.17	0.05	-0.42	-0.4	-0.21
Other Stockholder Equity	-0.64	-0.43	0.32	0.99	0.94	-0.48	-0.56	0.99		-0.59	-0.17	0.56	0.04	-0.5	-0.65	0.1	-0.53	-0.34	0.27	-0.42	-0.46	0.16	0.02	-0.41	-0.37	-0.22
Total Liab	0.97	0.34	0.07	-0.54	-0.43	0.73	0.42	-0.57	-0.59		0.73	0.11	0.45	0.93	0.94	0.34	0.53	0.55	0.52	0.32	0.5	-0.19	0.38	0.49	0.55	0.53
Total Current Assets	0.72	0.27	0.7	-0.14	0.11	0.19	-0.28	-0.12	-0.17	0.73		0.59	0.52	0.76	0.76	0.77	0.71	0.16	0.83	-0.23	-0.14	0.1	0.23	-0.11	-0.07	0.09
Short Term Debt	0.02	-0.32	0.67	0.57	0.7	-0.27	-0.63	0.59	0.56	0.11	0.59		0.36	0.33	0.17	0.59	0.24	-0.27	0.83	-0.51	-0.53	0.36	-0.14	-0.5	-0.44	-0.23
Other Current Liab	0.41	0.04	0.29	0.09	0.09	0.36	-0.11	0.04	0.04	0.45	0.52	0.36		0.56	0.27	0.2	0.11	0.48	0.38	-0.19	0.06	0.25	0.0	0.1	0.15	0.23
Total Current Liabilities	0.87	0.18	0.14	-0.46	-0.35	0.58	0.24	-0.49	-0.5	0.93	0.76	0.33	0.56		0.91	0.35	0.61	0.41	0.57	0.17	0.3	0.05	0.05	0.28	0.36	0.35
Net Debt	0.93	0.36	0.14	-0.61	-0.46	0.55	0.32	-0.62	-0.65	0.94	0.76	0.17	0.27	0.91		0.36	0.73	0.32	0.53	0.28	0.35	-0.15	0.21	0.33	0.34	0.34
Cash	0.28	-0.07	0.76	0.11	0.43	-0.1	-0.57	0.17	0.1	0.34	0.77	0.59	0.2	0.35	0.36		0.43	0.03	0.75	-0.58	-0.5	0.25	0.21	-0.44	-0.36	-0.17
Inventory	0.58	0.41	0.44	-0.56	-0.35	-0.11	-0.2	-0.51	-0.53	0.53	0.71	0.24	0.11	0.61	0.73	0.43		-0.26	0.34	-0.06	-0.18	0.09	-0.19	-0.21	-0.25	-0.21
Other Current Assets	0.5	0.05	-0.26	-0.26	-0.29	0.82	0.52	-0.32	-0.34	0.55	0.16	-0.27	0.48	0.41	0.32	0.03	-0.26		0.07	0.21	0.55	-0.04	0.44	0.58	0.67	0.6
Short Long Term Debt Total	0.45	-0.05	0.65	0.31	0.51	0.13	-0.33	0.33	0.27	0.52	0.83	0.83	0.38	0.57	0.53	0.75	0.34	0.07		-0.27	-0.19	0.07	0.32	-0.14	-0.08	0.14
Property Plant And Equipment Net	0.42	0.56	-0.66	-0.41	-0.58	0.52	0.87	-0.45	-0.42	0.32	-0.23	-0.51	-0.19	0.17	0.28	-0.58	-0.06	0.21	-0.27		0.89	-0.79	0.3	0.85	0.74	0.45
Non Current Assets Total	0.55	0.44	-0.64	-0.42	-0.59	0.79	0.95	-0.49	-0.46	0.5	-0.14	-0.53	0.06	0.3	0.35	-0.5	-0.18	0.55	-0.19	0.89		-0.67	0.48	0.99	0.94	0.69
Non Currrent Assets Other	-0.33	-0.66	0.33	0.16	0.22	-0.35	-0.6	0.17	0.16	-0.19	0.1	0.36	0.25	0.05	-0.15	0.25	0.09	-0.04	0.07	-0.79	-0.67		-0.57	-0.7	-0.5	-0.3
Non Current Liabilities Total	0.42	0.34	0.06	0.07	0.11	0.48	0.34	0.05	0.02	0.38	0.23	-0.14	0.0	0.05	0.21	0.21	-0.19	0.44	0.32	0.3	0.48	-0.57		0.56	0.56	0.58
Property Plant And Equipment Gross	0.55	0.46	-0.58	-0.36	-0.51	0.8	0.91	-0.42	-0.41	0.49	-0.11	-0.5	0.1	0.28	0.33	-0.44	-0.21	0.58	-0.14	0.85	0.99	-0.7	0.56		0.91	0.65
Accounts Payable	0.55	0.23	-0.6	-0.33	-0.47	0.84	0.87	-0.4	-0.37	0.55	-0.07	-0.44	0.15	0.36	0.34	-0.36	-0.25	0.67	-0.08	0.74	0.94	-0.5	0.56	0.91		0.8
Intangible Assets	0.49	0.11	-0.26	-0.14	-0.25	0.8	0.65	-0.21	-0.22	0.53	0.09	-0.23	0.23	0.35	0.34	-0.17	-0.21	0.6	0.14	0.45	0.69	-0.3	0.58	0.65	0.8

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Ceres Global Account Relationship Matchups

Ceres Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	255.0M	338.6M	333.9M	263.6M	259.4M	259.2M
Total Stockholder Equity	145.0M	156.9M	149.5M	142.7M	151.0M	153.6M
Retained Earnings	(37.3M)	(25.3M)	(34.1M)	(42.0M)	(32.6M)	(26.3M)
Other Assets	18K	9.7M	3.1M	(182K)	(163.8K)	(155.6K)
Cash And Short Term Investments	1.4M	5.0M	18.0M	6.8M	4.6M	7.7M
Net Receivables	34.3M	43.8M	52.3M	37.1M	47.4M	15.9M
Common Stock Shares Outstanding	31.8M	32.7M	30.8M	31.1M	32.0M	24.6M
Short Term Investments	739K	809K	779K	784K	1.9M	1.8M
Liabilities And Stockholders Equity	255.0M	338.6M	333.9M	263.6M	259.4M	266.3M
Other Stockholder Equity	8.9M	8.8M	7.0M	7.0M	1.2M	18.2M
Total Liab	110.0M	181.7M	184.4M	121.0M	108.4M	105.6M
Total Current Assets	127.1M	188.5M	189.4M	122.6M	129.8M	144.9M
Short Term Debt	32.3M	82.8M	57.5M	21.5M	18.7M	57.2M
Other Current Liab	5.8M	25.1M	24.7M	11.4M	18.2M	13.5M
Total Current Liabilities	76.1M	149.3M	135.4M	77.6M	67.5M	85.3M
Net Debt	63.7M	109.3M	88.1M	57.3M	55.4M	61.5M
Cash	696K	4.2M	17.2M	6.0M	2.7M	2.6M
Inventory	81.1M	112.0M	66.5M	57.7M	39.0M	112.6M
Other Current Assets	10.3M	27.7M	52.5M	20.9M	38.9M	3.8M
Short Long Term Debt Total	64.4M	113.5M	105.3M	63.4M	58.1M	62.1M
Property Plant And Equipment Net	113.8M	118.5M	108.7M	103.7M	92.9M	103.2M
Non Current Assets Total	127.9M	150.1M	144.5M	141.2M	129.6M	120.3M
Non Currrent Assets Other	450K	18K	29K	60K	54K	51.3K
Non Current Liabilities Total	33.9M	32.3M	49.1M	43.3M	40.9M	27.6M
Property Plant And Equipment Gross	113.8M	151.3M	146.5M	147.2M	138.7M	115.8M
Accounts Payable	38.1M	41.5M	53.2M	44.7M	30.7M	27.5M
Intangible Assets	2.7M	2.3M	1.9M	1.7M	1.4M	287.8K
Other Liab	1.7M	1.6M	1.3M	1.5M	1.7M	1.2M
Net Tangible Assets	137.6M	149.9M	142.9M	136.3M	122.7M	120.2M
Long Term Investments	6.7M	14.9M	26.1M	26.6M	27.7M	29.1M
Short Long Term Debt	31.7M	82.1M	57.0M	21.0M	18.1M	35.0M
Property Plant Equipment	113.8M	118.5M	108.7M	103.5M	111.2M	116.9M
Long Term Debt	29.7M	27.6M	45.2M	39.8M	37.5M	20.4M
Long Term Debt Total	32.2M	30.7M	47.8M	41.8M	20.4M	27.5M
Capital Surpluse	7.2M	7.0M	7.0M	7.0M	7.0M	6.5M

Pair Trading with Ceres Global

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 Ceres Global 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 Ceres Global will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Ceres Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceres Global 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 Ceres Global - 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 Ceres Global Ag to buy it.

The correlation of Ceres Global 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 Ceres Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceres Global Ag 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 Ceres Global 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 Ceres Stock

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

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Ceres Free Cash Flow Yield vs Book Value Per Share Analysis

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Book Value Per Share

Ceres Global fundamental ratios Correlations

Ceres Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ceres Global fundamental ratios Accounts

Pair Trading with Ceres Global

Other Information on Investing in Ceres Stock

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Short Term Investments	+ 0.99	Other Assets
Other Stockholder Equity	+ 0.99	Other Assets
Other Stockholder Equity	+ 0.99	Short Term Investments
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Liab	+ 0.97	Total Assets
Short Term Investments	+ 0.96	Cash And Short Term Investments

Non Currrent Assets Other	- 0.79	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.76	Retained Earnings
Property Plant And Equipment Gross	- 0.7	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.69	Cash And Short Term Investments
Non Currrent Assets Other	- 0.67	Non Current Assets Total
Property Plant And Equipment Net	- 0.66	Retained Earnings