PowerOf Retained Earnings vs Non Currrent Assets Other Analysis

POW Stock

CAD 49.10 0.48 0.99%

PowerOf Canada financial indicator trend analysis is much more than just breaking down PowerOf Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PowerOf Canada is a good investment. Please check the relationship between PowerOf Canada Retained Earnings and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power. 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.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerOf Canada Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.

The correlation between PowerOf Canada's Retained Earnings and Non Currrent Assets Other is 0.01. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Power, assuming nothing else is changed. The correlation between historical values of PowerOf Canada's Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Power are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., PowerOf Canada's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from PowerOf Canada's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerOf Canada 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power. 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, PowerOf Canada's Selling General Administrative is very stable compared to the past year. As of the 1st of March 2025, Tax Provision is likely to grow to about 372.9 M, while Issuance Of Capital Stock is likely to drop about 41.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	48.7B	46.4B	53.4B	35.6B
Total Revenue	48.7B	46.4B	53.4B	35.6B

Gross Profit Total Revenue

PowerOf Canada fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Other Current Liab	Total Current Liabilities	Short Term Debt	Cash	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock	Good Will	Accounts Payable
Total Assets		0.92	0.98	0.97	0.84	0.54	0.81	0.72	0.72	0.69	0.83	1.0	0.96	0.7	0.75	-0.84	0.91	0.73	0.84	0.69	-0.04	0.89	0.89	0.88	0.88	0.4
Short Long Term Debt Total	0.92		0.9	0.82	0.97	0.73	0.64	0.51	0.52	0.48	0.85	0.92	0.9	0.47	0.81	-0.92	0.89	0.67	0.82	0.44	0.14	0.71	0.69	0.69	0.82	0.29
Total Stockholder Equity	0.98	0.9		0.93	0.81	0.55	0.72	0.76	0.62	0.68	0.85	0.98	0.95	0.62	0.78	-0.79	0.85	0.64	0.86	0.6	0.09	0.83	0.91	0.91	0.9	0.38
Property Plant And Equipment Net	0.97	0.82	0.93		0.71	0.37	0.87	0.75	0.81	0.81	0.78	0.97	0.95	0.83	0.59	-0.79	0.91	0.76	0.79	0.8	-0.19	0.95	0.91	0.91	0.83	0.53
Net Debt	0.84	0.97	0.81	0.71		0.77	0.55	0.38	0.43	0.37	0.8	0.83	0.79	0.36	0.81	-0.9	0.81	0.58	0.72	0.35	0.18	0.6	0.55	0.55	0.72	0.18
Retained Earnings	0.54	0.73	0.55	0.37	0.77		0.2	0.18	0.07	-0.03	0.41	0.53	0.5	-0.03	0.9	-0.63	0.48	0.21	0.61	0.01	0.37	0.26	0.18	0.18	0.62	-0.01
Non Current Assets Total	0.81	0.64	0.72	0.87	0.55	0.2		0.57	0.99	0.66	0.54	0.81	0.72	0.92	0.36	-0.72	0.88	0.91	0.54	0.95	-0.62	0.88	0.74	0.73	0.63	0.39
Common Stock Shares Outstanding	0.72	0.51	0.76	0.75	0.38	0.18	0.57		0.54	0.77	0.69	0.73	0.71	0.65	0.48	-0.48	0.55	0.43	0.82	0.59	0.0	0.72	0.9	0.9	0.84	0.58
Non Current Liabilities Total	0.72	0.52	0.62	0.81	0.43	0.07	0.99	0.54		0.66	0.46	0.73	0.63	0.94	0.22	-0.63	0.81	0.89	0.45	0.97	-0.72	0.85	0.69	0.68	0.54	0.4
Other Current Assets	0.69	0.48	0.68	0.81	0.37	-0.03	0.66	0.77	0.66		0.72	0.7	0.75	0.82	0.2	-0.51	0.6	0.52	0.62	0.74	-0.19	0.77	0.83	0.83	0.59	0.76
Other Stockholder Equity	0.83	0.85	0.85	0.78	0.8	0.41	0.54	0.69	0.46	0.72		0.83	0.87	0.53	0.56	-0.8	0.76	0.54	0.8	0.43	0.19	0.64	0.78	0.79	0.74	0.56
Total Liab	1.0	0.92	0.98	0.97	0.83	0.53	0.81	0.73	0.73	0.7	0.83		0.96	0.71	0.74	-0.84	0.91	0.73	0.84	0.7	-0.05	0.9	0.89	0.89	0.88	0.41
Property Plant And Equipment Gross	0.96	0.9	0.95	0.95	0.79	0.5	0.72	0.71	0.63	0.75	0.87	0.96		0.64	0.68	-0.82	0.89	0.68	0.86	0.59	0.06	0.82	0.87	0.87	0.86	0.51
Total Current Assets	0.7	0.47	0.62	0.83	0.36	-0.03	0.92	0.65	0.94	0.82	0.53	0.71	0.64		0.15	-0.58	0.75	0.79	0.5	0.95	-0.62	0.89	0.75	0.74	0.55	0.59
Intangible Assets	0.75	0.81	0.78	0.59	0.81	0.9	0.36	0.48	0.22	0.2	0.56	0.74	0.68	0.15		-0.66	0.57	0.3	0.76	0.19	0.38	0.5	0.51	0.51	0.82	-0.01
Other Current Liab	-0.84	-0.92	-0.79	-0.79	-0.9	-0.63	-0.72	-0.48	-0.63	-0.51	-0.8	-0.84	-0.82	-0.58	-0.66		-0.92	-0.78	-0.78	-0.54	0.1	-0.67	-0.62	-0.61	-0.77	-0.35
Total Current Liabilities	0.91	0.89	0.85	0.91	0.81	0.48	0.88	0.55	0.81	0.6	0.76	0.91	0.89	0.75	0.57	-0.92		0.9	0.75	0.72	-0.28	0.83	0.74	0.73	0.77	0.44
Short Term Debt	0.73	0.67	0.64	0.76	0.58	0.21	0.91	0.43	0.89	0.52	0.54	0.73	0.68	0.79	0.3	-0.78	0.9		0.54	0.78	-0.57	0.73	0.62	0.61	0.58	0.31
Cash	0.84	0.82	0.86	0.79	0.72	0.61	0.54	0.82	0.45	0.62	0.8	0.84	0.86	0.5	0.76	-0.78	0.75	0.54		0.41	0.2	0.68	0.78	0.78	0.97	0.52
Non Currrent Assets Other	0.69	0.44	0.6	0.8	0.35	0.01	0.95	0.59	0.97	0.74	0.43	0.7	0.59	0.95	0.19	-0.54	0.72	0.78	0.41		-0.7	0.86	0.71	0.7	0.51	0.44
Other Assets	-0.04	0.14	0.09	-0.19	0.18	0.37	-0.62	0.0	-0.72	-0.19	0.19	-0.05	0.06	-0.62	0.38	0.1	-0.28	-0.57	0.2	-0.7		-0.31	-0.07	-0.05	0.11	-0.11
Cash And Short Term Investments	0.89	0.71	0.83	0.95	0.6	0.26	0.88	0.72	0.85	0.77	0.64	0.9	0.82	0.89	0.5	-0.67	0.83	0.73	0.68	0.86	-0.31		0.87	0.86	0.77	0.48
Common Stock Total Equity	0.89	0.69	0.91	0.91	0.55	0.18	0.74	0.9	0.69	0.83	0.78	0.89	0.87	0.75	0.51	-0.62	0.74	0.62	0.78	0.71	-0.07	0.87		1.0	0.82	0.49
Common Stock	0.88	0.69	0.91	0.91	0.55	0.18	0.73	0.9	0.68	0.83	0.79	0.89	0.87	0.74	0.51	-0.61	0.73	0.61	0.78	0.7	-0.05	0.86	1.0		0.82	0.49
Good Will	0.88	0.82	0.9	0.83	0.72	0.62	0.63	0.84	0.54	0.59	0.74	0.88	0.86	0.55	0.82	-0.77	0.77	0.58	0.97	0.51	0.11	0.77	0.82	0.82		0.39
Accounts Payable	0.4	0.29	0.38	0.53	0.18	-0.01	0.39	0.58	0.4	0.76	0.56	0.41	0.51	0.59	-0.01	-0.35	0.44	0.31	0.52	0.44	-0.11	0.48	0.49	0.49	0.39

Click cells to compare fundamentals

PowerOf Canada Account Relationship Matchups

PowerOf Canada fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	629.1B	661.6B	733.7B	749.5B	861.9B	905.0B
Short Long Term Debt Total	22.2B	19.5B	21.2B	20.9B	24.1B	25.3B
Total Stockholder Equity	22.2B	24.3B	24.0B	22.1B	25.5B	26.7B
Property Plant And Equipment Net	3.2B	3.7B	4.4B	5.1B	5.8B	6.1B
Net Debt	12.1B	11.4B	12.3B	11.8B	13.6B	14.2B
Retained Earnings	8.7B	10.8B	11.1B	10.0B	11.5B	8.0B
Non Current Assets Total	181.4B	189.7B	178.2B	707.1B	813.2B	853.9B
Common Stock Shares Outstanding	647.6M	681.6M	673.5M	663.1M	762.6M	541.5M
Liabilities And Stockholders Equity	629.1B	661.6B	733.7B	749.5B	861.9B	905.0B
Non Current Liabilities Total	20.3B	21.0B	4.4B	703.1B	808.6B	849.0B
Other Current Assets	25.6B	34.3B	33.5B	42.3B	38.1B	40.0B
Other Stockholder Equity	1.7B	3.0B	3.0B	2.3B	2.6B	2.8B
Total Liab	590.4B	617.9B	689.5B	708.2B	814.4B	855.2B
Total Current Assets	16.8B	15.7B	30.7B	70.8B	63.7B	66.9B
Accumulated Other Comprehensive Income	3.0B	3.0B	2.5B	1.9B	2.2B	2.3B
Intangible Assets	6.3B	7.6B	8.3B	6.7B	7.7B	5.7B
Other Current Liab	(5.8B)	(4.6B)	(4.1B)	(7.6B)	(6.8B)	(6.5B)
Total Current Liabilities	5.8B	4.2B	4.4B	7.6B	8.7B	9.1B
Short Term Debt	2.6B	407M	274M	3.5B	4.0B	4.2B
Cash	9.5B	8.2B	8.9B	9.1B	10.5B	5.6B
Non Currrent Assets Other	(181.4B)	(1.1B)	(1.2B)	493.3B	567.3B	595.6B
Other Assets	430.9B	456.2B	524.8B	(28.5B)	(32.8B)	(31.1B)
Cash And Short Term Investments	9.5B	8.2B	22.2B	21.9B	25.2B	26.4B
Common Stock	9.6B	9.6B	9.5B	9.3B	10.7B	11.2B
Good Will	14.0B	13.0B	14.6B	14.6B	16.8B	11.1B
Accounts Payable	3.2B	3.8B	3.7B	4.0B	4.5B	3.3B
Net Receivables	7.3B	7.6B	8.4B	6.6B	7.6B	5.8B
Short Term Investments	50.3B	51.4B	13.4B	12.7B	14.6B	13.9B
Other Liab	416.6B	563.1B	592.2B	655.3B	753.6B	479.8B
Net Tangible Assets	(3.0B)	1.0B	2.8B	166M	190.9M	200.4M
Long Term Debt	11.9B	13.2B	20.0B	16.8B	19.3B	17.1B
Long Term Investments	157.9B	165.4B	150.9B	228.7B	263.0B	133.6B
Short Long Term Debt	2.6B	407M	274M	3.5B	3.1B	3.9B
Property Plant Equipment	3.1B	3.2B	3.7B	4.4B	5.1B	2.6B
Long Term Debt Total	17.9B	19.6B	19.1B	20.9B	24.0B	19.7B
Inventory	(35.7B)	(34.3B)	(33.5B)	(28.5B)	(25.6B)	(26.9B)

Pair Trading with PowerOf Canada

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 PowerOf Canada 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 PowerOf Canada will appreciate offsetting losses from the drop in the long position's value.

Moving against PowerOf Stock

0.61	SOU	Southern Energy Corp	Pair Corr
0.56	GOOG	Alphabet CDR	Pair Corr

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

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

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

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PowerOf Retained Earnings vs Non Currrent Assets Other Analysis

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Retained Earnings

Non Currrent Assets Other

PowerOf Canada fundamental ratios Correlations

PowerOf Canada Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PowerOf Canada fundamental ratios Accounts

Pair Trading with PowerOf Canada

Moving against PowerOf Stock

Other Information on Investing in PowerOf Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Total Assets

Total Current Liabilities	- 0.92	Other Current Liab
Other Current Liab	- 0.92	Short Long Term Debt Total
Other Current Liab	- 0.9	Net Debt
Other Current Liab	- 0.84	Total Liab
Other Current Liab	- 0.84	Total Assets
Other Current Liab	- 0.82	Property Plant And Equipment Gross