GCL Stock | | | CAD 1.00 0.01 1.01% |
Colabor financial indicator trend analysis is way more than just evaluating Colabor Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colabor Group is a good investment. Please check the relationship between Colabor Free Cash Flow Per Share and its Payout Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor 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.
Free Cash Flow Per Share vs Payout Ratio
Free Cash Flow Per Share vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colabor Group Free Cash Flow Per Share account and
Payout Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Colabor's Free Cash Flow Per Share and Payout Ratio is 0.69. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Colabor Group, assuming nothing else is changed. The correlation between historical values of Colabor's Free Cash Flow Per Share and Payout Ratio 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 Per Share of Colabor Group are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Free Cash Flow Per Share i.e., Colabor's Free Cash Flow Per Share and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Payout Ratio
Payout Ratio is the proportion of Colabor Group earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Colabor Group dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Colabor Group is paying out more in dividends than it makes in net income.
Most indicators from Colabor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colabor Group 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor 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, Colabor's
Tax Provision is very stable compared to the past year. As of the 2nd of December 2024,
Enterprise Value Over EBITDA is likely to grow to 8.58, while
Selling General Administrative is likely to drop about 50.6
M.
Colabor fundamental ratios Correlations
Click cells to compare fundamentals
Colabor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colabor fundamental ratios Accounts
Other Information on Investing in Colabor Stock
Balance Sheet is a snapshot of the
financial position of Colabor Group at a specified time, usually calculated after every quarter, six months, or one year. Colabor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Colabor 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 Colabor currently owns. An asset can also be divided into two categories, current and non-current.