Exchange Non Current Assets Total vs Property Plant And Equipment Gross Analysis
EIF Stock | CAD 56.79 0.17 0.30% |
Exchange Income financial indicator trend analysis is much more than just examining Exchange Income latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exchange Income is a good investment. Please check the relationship between Exchange Income Non Current Assets Total and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exchange Income. 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.
Non Current Assets Total vs Property Plant And Equipment Gross
Non Current Assets Total vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exchange Income Non Current Assets Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Exchange Income's Non Current Assets Total and Property Plant And Equipment Gross is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Exchange Income, assuming nothing else is changed. The correlation between historical values of Exchange Income's Non Current Assets Total and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Exchange Income are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Assets Total i.e., Exchange Income's Non Current Assets Total and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Property Plant And Equipment Gross
Most indicators from Exchange Income's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exchange Income 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exchange Income. 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, Exchange Income's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Discontinued Operations is likely to grow to about 24 M, while Tax Provision is likely to drop about 28.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.4B | 2.1B | 2.5B | 2.6B | Income Tax Expense | 25.7M | 41.8M | 40.8M | 42.8M |
Exchange Income fundamental ratios Correlations
Click cells to compare fundamentals
Exchange Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Exchange Income fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.3B | 2.6B | 3.5B | 4.1B | 4.3B | |
Total Current Liabilities | 280.3M | 295.3M | 475.4M | 580.5M | 618.6M | 649.6M | |
Total Stockholder Equity | 729.8M | 685.9M | 800.3M | 1.0B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 1.1B | 1.0B | 1.2B | 1.4B | 1.7B | 1.8B | |
Net Debt | 1.1B | 1.1B | 1.2B | 1.6B | 1.9B | 2.0B | |
Retained Earnings | (51.5M) | (103.4M) | (120.2M) | (108.0M) | (100.3M) | (95.3M) | |
Accounts Payable | 210.5M | 214.5M | 267.6M | 451.9M | 461.9M | 485.0M | |
Cash | 22.1M | 69.9M | 75.4M | 139.9M | 103.6M | 108.7M | |
Non Current Assets Total | 1.7B | 1.7B | 1.9B | 2.5B | 2.9B | 3.1B | |
Cash And Short Term Investments | 22.1M | 69.9M | 75.4M | 139.9M | 103.6M | 108.7M | |
Net Receivables | 310.1M | 285.3M | 329.5M | 468.2M | 583.8M | 613.0M | |
Common Stock Shares Outstanding | 38.1M | 36.0M | 38.1M | 47.3M | 52.0M | 54.6M | |
Liabilities And Stockholders Equity | 2.3B | 2.3B | 2.6B | 3.5B | 4.1B | 4.3B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.3B | 1.9B | 2.2B | 2.3B | |
Other Current Assets | 31.2M | 55.9M | 40.1M | 205.6M | 63.6M | 32.7M | |
Total Liab | 1.5B | 1.6B | 1.8B | 2.5B | 2.8B | 3.0B | |
Property Plant And Equipment Gross | 1.1B | 1.0B | 1.8B | 2.3B | 2.7B | 2.9B | |
Total Current Assets | 588.2M | 619.0M | 700.5M | 1.0B | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | 32.9M | 18.1M | 21.0M | 60.9M | 45.5M | 47.8M | |
Short Long Term Debt Total | 1.1B | 1.2B | 1.3B | 1.8B | 2.0B | 2.1B | |
Current Deferred Revenue | 46.6M | 53.0M | 83.7M | 90.6M | 112.6M | 118.2M | |
Non Currrent Assets Other | 37.8M | 26.4M | 7.8M | 25.4M | 12.5M | 13.1M | |
Good Will | 359.8M | 397.6M | 486.9M | 626.3M | 713.2M | 748.9M | |
Inventory | 224.9M | 235.9M | 255.5M | 335.1M | 408.4M | 428.8M | |
Short Term Debt | 23.3M | 22.6M | 119.4M | 31.1M | 36.9M | 21.2M | |
Intangible Assets | 164.7M | 161.8M | 180.7M | 300.4M | 332.4M | 349.0M | |
Other Current Liab | 210.5M | 5.3M | 4.6M | 6.9M | 7.3M | 6.9M | |
Common Stock Total Equity | 576.5M | 588.5M | 709.5M | 731.3M | 841.0M | 534.1M | |
Common Stock | 709.5M | 731.3M | 852.8M | 1.0B | 1.3B | 687.1M | |
Other Liab | 129.6M | 117.2M | 141.2M | 197.4M | 227.0M | 118.2M | |
Net Tangible Assets | 205.4M | 126.6M | 132.7M | 92.3M | 83.1M | 110.4M | |
Other Assets | 37.8M | 26.4M | 7.8M | 15.2M | 17.5M | 17.9M | |
Long Term Debt | 1.0B | 1.1B | 1.1B | 1.6B | 1.8B | 1.0B | |
Property Plant Equipment | 1.1B | 1.0B | 1.2B | 1.4B | 1.7B | 914.9M | |
Long Term Investments | 42.4M | 49.0M | 58.8M | 109.1M | 121.2M | 127.3M | |
Long Term Debt Total | 1.1B | 1.2B | 1.2B | 1.7B | 2.0B | 1.1B | |
Capital Lease Obligations | 113.9M | 96.4M | 90M | 164.3M | 180.2M | 189.2M |
Pair Trading with Exchange Income
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 Exchange Income 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 Exchange Income will appreciate offsetting losses from the drop in the long position's value.Moving together with Exchange Stock
The ability to find closely correlated positions to Exchange Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Income 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 Exchange Income - 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 Exchange Income to buy it.
The correlation of Exchange Income 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 Exchange Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Income 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 Exchange Income 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.Other Information on Investing in Exchange Stock
Balance Sheet is a snapshot of the financial position of Exchange Income at a specified time, usually calculated after every quarter, six months, or one year. Exchange Income Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Exchange Income 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 Exchange currently owns. An asset can also be divided into two categories, current and non-current.