Goeasy Total Liab vs Property Plant And Equipment Net Analysis

GSY Stock  CAD 169.46  0.98  0.58%   
Goeasy financial indicator trend analysis is much more than just examining goeasy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether goeasy is a good investment. Please check the relationship between Goeasy Total Liab and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in goeasy. 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.

Total Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of goeasy Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goeasy's Total Liab and Property Plant And Equipment Net is 0.55. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of goeasy, assuming nothing else is changed. The correlation between historical values of Goeasy's Total Liab and Property Plant And Equipment Net 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 goeasy are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., Goeasy's Total Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Goeasy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into goeasy 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 goeasy. 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, Goeasy's Tax Provision is very stable compared to the past year. As of the 27th of February 2025, Enterprise Value Over EBITDA is likely to grow to 7.19, while Selling General Administrative is likely to drop about 57 M.
 2022 2023 2024 2025 (projected)
Gross Profit795.9M851.6M1.0B1.1B
Total Revenue1.0B1.3B1.5B1.6B

Goeasy fundamental ratios Correlations

0.99-0.440.680.990.571.01.00.910.88-0.270.450.391.0-0.590.94-0.091.00.921.00.890.870.850.860.970.95
0.99-0.440.660.990.580.990.990.890.9-0.280.490.410.99-0.60.93-0.10.990.910.990.880.870.860.860.970.94
-0.44-0.44-0.74-0.47-0.72-0.45-0.41-0.23-0.40.49-0.59-0.43-0.40.14-0.320.74-0.43-0.61-0.44-0.11-0.15-0.18-0.47-0.49-0.39
0.680.66-0.740.670.530.680.680.70.55-0.320.140.340.64-0.30.59-0.50.680.680.690.440.60.480.510.690.57
0.990.99-0.470.670.630.990.990.880.91-0.340.510.440.99-0.530.91-0.110.990.940.990.850.830.830.90.960.96
0.570.58-0.720.530.630.570.550.350.68-0.530.720.850.540.010.43-0.430.550.820.550.290.270.360.690.570.59
1.00.99-0.450.680.990.570.990.90.88-0.280.470.371.0-0.620.93-0.111.00.921.00.880.850.830.860.980.94
1.00.99-0.410.680.990.550.990.930.88-0.220.40.381.0-0.570.95-0.021.00.90.990.910.890.860.840.960.94
0.910.89-0.230.70.880.350.90.930.74-0.010.060.260.91-0.530.920.120.920.750.920.910.940.840.650.850.81
0.880.9-0.40.550.910.680.880.880.74-0.470.550.570.88-0.360.74-0.10.870.910.860.710.710.740.910.850.92
-0.27-0.280.49-0.32-0.34-0.53-0.28-0.22-0.01-0.47-0.58-0.28-0.24-0.020.060.55-0.25-0.47-0.240.160.070.04-0.67-0.33-0.5
0.450.49-0.590.140.510.720.470.40.060.55-0.580.520.44-0.190.3-0.450.430.630.430.190.090.30.670.490.52
0.390.41-0.430.340.440.850.370.380.260.57-0.280.520.360.240.27-0.30.370.610.360.190.280.390.430.340.35
1.00.99-0.40.640.990.541.01.00.910.88-0.240.440.36-0.620.95-0.041.00.91.00.90.870.860.850.970.94
-0.59-0.60.14-0.3-0.530.01-0.62-0.57-0.53-0.36-0.02-0.190.24-0.62-0.620.12-0.61-0.38-0.61-0.65-0.46-0.4-0.35-0.71-0.52
0.940.93-0.320.590.910.430.930.950.920.740.060.30.270.95-0.620.120.940.80.950.970.890.870.670.890.82
-0.09-0.10.74-0.5-0.11-0.43-0.11-0.020.12-0.10.55-0.45-0.3-0.040.120.12-0.08-0.24-0.080.290.160.13-0.16-0.22-0.05
1.00.99-0.430.680.990.551.01.00.920.87-0.250.430.371.0-0.610.94-0.080.911.00.890.870.850.840.970.94
0.920.91-0.610.680.940.820.920.90.750.91-0.470.630.610.9-0.380.8-0.240.910.90.70.660.680.90.910.91
1.00.99-0.440.690.990.551.00.990.920.86-0.240.430.361.0-0.610.95-0.081.00.90.890.870.850.840.970.93
0.890.88-0.110.440.850.290.880.910.910.710.160.190.190.9-0.650.970.290.890.70.890.890.850.610.840.78
0.870.87-0.150.60.830.270.850.890.940.710.070.090.280.87-0.460.890.160.870.660.870.890.960.590.770.73
0.850.86-0.180.480.830.360.830.860.840.740.040.30.390.86-0.40.870.130.850.680.850.850.960.620.740.72
0.860.86-0.470.510.90.690.860.840.650.91-0.670.670.430.85-0.350.67-0.160.840.90.840.610.590.620.830.96
0.970.97-0.490.690.960.570.980.960.850.85-0.330.490.340.97-0.710.89-0.220.970.910.970.840.770.740.830.93
0.950.94-0.390.570.960.590.940.940.810.92-0.50.520.350.94-0.520.82-0.050.940.910.930.780.730.720.960.93
Click cells to compare fundamentals

Goeasy Account Relationship Matchups

Goeasy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.5B2.6B3.3B4.2B5.2B5.5B
Short Long Term Debt Total941.7M1.6B2.3B2.9B3.3B3.5B
Other Current Liab(271.5M)(104.5M)(238.6M)(97.1M)(87.4M)(83.0M)
Total Current Liabilities278.2M115.2M253.6M12.9M275.9M289.6M
Total Stockholder Equity443.5M789.9M869.7M1.1B1.2B1.3B
Property Plant And Equipment Net127.0M139.6M150.1M142.6M130.2M76.6M
Net Debt878.7M1.5B2.3B2.8B3.4B3.5B
Retained Earnings247.3M395.2M426.4M610.7M792.8M832.4M
Accounts Payable48.7M65.3M61.3M85.3M205.9M216.2M
Non Current Assets Total248.5M581.6M609.6M582.1M602.6M632.7M
Non Currrent Assets Other14.8M(2.6B)(3.2B)72.2M65.0M68.3M
Net Receivables1.1B1.9B2.6B3.5B128.6M122.2M
Common Stock Shares Outstanding15.8M16.8M16.6M17.1M16.6M11.4M
Liabilities And Stockholders Equity1.5B2.6B3.3B4.2B4.8B5.0B
Non Current Liabilities Total780.2M1.7B2.2B3.1B3.7B3.9B
Other Current Assets13.0M8.0M8.3M33.7M38.7M40.6M
Other Stockholder Equity(227.6M)22.6M(404.9M)24.8M22.3M23.5M
Total Liab1.1B1.8B2.4B3.1B4.0B4.2B
Property Plant And Equipment Gross127.0M174.6M203.5M204.9M196.7M206.5M
Total Current Assets1.3B2.0B2.7B3.6B4.6B4.8B
Accumulated Other Comprehensive Income(5.3M)8.6M2.8M(9.7M)(11.2M)(11.7M)
Short Term Debt198.3M292.8M148.6M2.8B3.2B3.4B
Cash63.0M82.9M32.5M120.4M251.4M264.0M
Cash And Short Term Investments63.0M82.9M32.5M144.6M166.3M174.6M
Intangible Assets25.2M159.7M138.8M124.9M111.0M116.5M
Current Deferred Revenue10.6M11.4M28.7M27.0M31.0M32.6M
Common Stock181.8M363.5M419.0M428.3M492.6M517.2M
Other Liab8.1M10.6M50.0M53.4M61.4M64.4M
Net Tangible Assets293.4M397.0M449.3M550.0M632.5M664.1M
Other Assets64.8M53.6M47.2M48.4M43.6M47.7M
Long Term Debt689.4M1.1B2.1B2.8B3.6B3.8B
Property Plant Equipment69.2M77.7M92.4M150.1M172.6M181.2M
Long Term Debt Total796.7M743.3M1.2B2.2B2.5B2.6B
Capital Surpluse20.3M19.7M22.6M21.5M24.7M18.6M
Net Invested Capital1.3B2.3B3.1B3.9B4.8B2.5B
Net Working Capital975.4M1.6B2.4B3.4B4.3B4.5B

Pair Trading with Goeasy

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 Goeasy 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 Goeasy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Goeasy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goeasy 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 Goeasy - 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 goeasy to buy it.
The correlation of Goeasy 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 Goeasy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if goeasy 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 Goeasy 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 CorrelationCorrelation Matching

Other Information on Investing in Goeasy Stock

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