Canso Historical Financial Ratios
| PBY-UN Stock | CAD 15.57 0.03 0.19% |
Canso Credit is presently reporting on over 53 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 15.64, Free Cash Flow Yield of 0.0083, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.0866 will help investors to properly organize and evaluate Canso Credit Trust financial condition quickly.
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About Canso Financial Ratios Analysis
Canso Credit TrustFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canso Credit investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canso financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canso Credit history.
Canso Credit Financial Ratios Chart
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Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Research And Ddevelopement To Revenue
The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.Most ratios from Canso Credit's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canso Credit Trust current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Canso Credit Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Canso Credit's Dividend Yield is projected to slightly decrease based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 1.13, whereas Price To Sales Ratio is forecasted to decline to 10.67.
| 2010 | 2023 | 2024 (projected) | Payables Turnover | 15.75 | 733.23 | 769.9 | Days Of Inventory On Hand | 1.0K | 940.2 | 835.74 |
Canso Credit fundamentals Correlations
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Canso Credit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canso Credit fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 20.79 | 3.66 | 9.78 | (5.9) | 11.23 | 10.67 | |
| Dividend Yield | 0.0399 | 0.15 | 0.0694 | (0.91) | 0.055 | 0.0577 | |
| Ptb Ratio | 1.11 | 1.03 | 1.13 | 2.1 | (0.0788) | 0.95 | |
| Days Sales Outstanding | 65.4 | 62.0 | 21.02 | 683.01 | 354.82 | 372.57 | |
| Book Value Per Share | 10.79 | 9.67 | 7.23 | (173.41) | 14.89 | 15.64 | |
| Free Cash Flow Yield | 0.0325 | 0.0737 | 0.012 | 0.55 | 0.006412 | 0.00832 | |
| Operating Cash Flow Per Share | 0.35 | 1.05 | 0.18 | 7.53 | 0.0912 | 0.0866 | |
| Pb Ratio | 1.11 | 1.03 | 1.13 | 2.1 | (0.0788) | 0.95 | |
| Ev To Sales | 15.19 | 20.64 | 9.57 | (10.62) | 11.21 | 10.65 | |
| Free Cash Flow Per Share | 0.35 | 1.05 | 0.18 | 7.53 | 0.0912 | 0.0866 | |
| Net Income Per Share | 0.79 | (0.44) | 1.0 | 2.94 | 0.66 | 0.67 | |
| Cash Per Share | 0.37 | 0.0803 | 0.33 | (10.92) | 0.0252 | 0.0265 | |
| Pocfratio | 30.79 | 13.57 | 83.57 | 1.81 | 155.96 | 163.76 | |
| Payout Ratio | 0.43 | 0.74 | 1.05 | (12.48) | 1.19 | 1.25 | |
| Pfcf Ratio | 30.79 | 13.57 | 83.57 | 1.81 | 155.96 | 163.76 | |
| Income Quality | 0.35 | 0.36 | 0.18 | 7.53 | 0.14 | 0.13 | |
| Roe | (0.041) | 0.1 | 0.14 | (0.005767) | 0.044 | 0.0652 | |
| Ev To Operating Cash Flow | (863.17) | 30.56 | 81.78 | 3.26 | 155.68 | 163.47 | |
| Pe Ratio | 10.9 | 4.86 | 15.15 | 13.66 | 21.71 | 22.79 | |
| Return On Tangible Assets | (0.0275) | 0.0685 | 0.1 | (0.004344) | 0.0318 | 0.0563 | |
| Ev To Free Cash Flow | (863.17) | 30.56 | 81.78 | 3.26 | 155.68 | 163.47 | |
| Earnings Yield | 0.0917 | 0.21 | 0.066 | 0.0732 | 0.0461 | 0.0539 | |
| Net Debt To E B I T D A | 0.83 | (0.0803) | (0.33) | 10.92 | (0.0385) | (0.0366) | |
| Tangible Book Value Per Share | 10.79 | 9.67 | 7.23 | (173.41) | 14.89 | 15.64 | |
| Receivables Turnover | 5.58 | 5.89 | 17.36 | 0.53 | 1.03 | 0.98 | |
| Graham Number | 10.36 | 14.75 | 12.75 | 62.46 | 14.82 | 14.1 | |
| Shareholders Equity Per Share | 10.79 | 9.67 | 7.23 | (173.41) | 14.89 | 15.64 | |
| Graham Net Net | (4.84) | (4.78) | (2.16) | 42.62 | (4.75) | (4.51) | |
| Revenue Per Share | 0.52 | 3.91 | 1.55 | (2.31) | 1.27 | 1.33 | |
| Enterprise Value Over E B I T D A | (24.41) | 10.82 | 14.82 | 24.58 | 21.67 | 22.75 | |
| Price Earnings Ratio | 10.9 | 4.86 | 15.15 | 13.66 | 21.71 | 22.79 | |
| Operating Cycle | 65.4 | 62.0 | 21.02 | 683.01 | 354.82 | 372.57 | |
| Price Book Value Ratio | 1.11 | 1.03 | 1.13 | 2.1 | (0.0788) | 0.95 | |
| Price Earnings To Growth Ratio | 0.16 | 0.0 | (0.0486) | (0.14) | (0.64) | (0.61) | |
| Dividend Payout Ratio | 0.43 | 0.74 | 1.05 | (12.48) | 1.19 | 1.25 |
Pair Trading with Canso Credit
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 Canso Credit 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 Canso Credit will appreciate offsetting losses from the drop in the long position's value.Moving together with Canso Stock
The ability to find closely correlated positions to Canso Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canso Credit 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 Canso Credit - 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 Canso Credit Trust to buy it.
The correlation of Canso Credit 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 Canso Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canso Credit Trust 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 Canso Credit 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 Canso Stock
Canso Credit TrustFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canso Credit investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canso financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canso Credit history.