PowerOf Selling General Administrative vs Minority Interest 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 Selling General Administrative and its Minority Interest 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.

Selling General Administrative vs Minority Interest

Selling General Administrative vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerOf Canada Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have pay attention.
The correlation between PowerOf Canada's Selling General Administrative and Minority Interest is -0.74. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest 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 Selling General Administrative and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Power are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Selling General Administrative i.e., PowerOf Canada's Selling General Administrative and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Selling General Administrative

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Power whose combined shares represent less than 50% of the total outstanding shares issued by PowerOf Canada have a minority interest in PowerOf Canada.
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 Profit48.7B46.4B53.4B35.6B
Total Revenue48.7B46.4B53.4B35.6B

PowerOf Canada fundamental ratios Correlations

0.920.980.970.840.540.810.720.720.690.831.00.960.70.75-0.840.910.730.840.69-0.040.890.890.880.880.4
0.920.90.820.970.730.640.510.520.480.850.920.90.470.81-0.920.890.670.820.440.140.710.690.690.820.29
0.980.90.930.810.550.720.760.620.680.850.980.950.620.78-0.790.850.640.860.60.090.830.910.910.90.38
0.970.820.930.710.370.870.750.810.810.780.970.950.830.59-0.790.910.760.790.8-0.190.950.910.910.830.53
0.840.970.810.710.770.550.380.430.370.80.830.790.360.81-0.90.810.580.720.350.180.60.550.550.720.18
0.540.730.550.370.770.20.180.07-0.030.410.530.5-0.030.9-0.630.480.210.610.010.370.260.180.180.62-0.01
0.810.640.720.870.550.20.570.990.660.540.810.720.920.36-0.720.880.910.540.95-0.620.880.740.730.630.39
0.720.510.760.750.380.180.570.540.770.690.730.710.650.48-0.480.550.430.820.590.00.720.90.90.840.58
0.720.520.620.810.430.070.990.540.660.460.730.630.940.22-0.630.810.890.450.97-0.720.850.690.680.540.4
0.690.480.680.810.37-0.030.660.770.660.720.70.750.820.2-0.510.60.520.620.74-0.190.770.830.830.590.76
0.830.850.850.780.80.410.540.690.460.720.830.870.530.56-0.80.760.540.80.430.190.640.780.790.740.56
1.00.920.980.970.830.530.810.730.730.70.830.960.710.74-0.840.910.730.840.7-0.050.90.890.890.880.41
0.960.90.950.950.790.50.720.710.630.750.870.960.640.68-0.820.890.680.860.590.060.820.870.870.860.51
0.70.470.620.830.36-0.030.920.650.940.820.530.710.640.15-0.580.750.790.50.95-0.620.890.750.740.550.59
0.750.810.780.590.810.90.360.480.220.20.560.740.680.15-0.660.570.30.760.190.380.50.510.510.82-0.01
-0.84-0.92-0.79-0.79-0.9-0.63-0.72-0.48-0.63-0.51-0.8-0.84-0.82-0.58-0.66-0.92-0.78-0.78-0.540.1-0.67-0.62-0.61-0.77-0.35
0.910.890.850.910.810.480.880.550.810.60.760.910.890.750.57-0.920.90.750.72-0.280.830.740.730.770.44
0.730.670.640.760.580.210.910.430.890.520.540.730.680.790.3-0.780.90.540.78-0.570.730.620.610.580.31
0.840.820.860.790.720.610.540.820.450.620.80.840.860.50.76-0.780.750.540.410.20.680.780.780.970.52
0.690.440.60.80.350.010.950.590.970.740.430.70.590.950.19-0.540.720.780.41-0.70.860.710.70.510.44
-0.040.140.09-0.190.180.37-0.620.0-0.72-0.190.19-0.050.06-0.620.380.1-0.28-0.570.2-0.7-0.31-0.07-0.050.11-0.11
0.890.710.830.950.60.260.880.720.850.770.640.90.820.890.5-0.670.830.730.680.86-0.310.870.860.770.48
0.890.690.910.910.550.180.740.90.690.830.780.890.870.750.51-0.620.740.620.780.71-0.070.871.00.820.49
0.880.690.910.910.550.180.730.90.680.830.790.890.870.740.51-0.610.730.610.780.7-0.050.861.00.820.49
0.880.820.90.830.720.620.630.840.540.590.740.880.860.550.82-0.770.770.580.970.510.110.770.820.820.39
0.40.290.380.530.18-0.010.390.580.40.760.560.410.510.59-0.01-0.350.440.310.520.44-0.110.480.490.490.39
Click cells to compare fundamentals

PowerOf Canada Account Relationship Matchups

PowerOf Canada fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets629.1B661.6B733.7B749.5B861.9B905.0B
Short Long Term Debt Total22.2B19.5B21.2B20.9B24.1B25.3B
Total Stockholder Equity22.2B24.3B24.0B22.1B25.5B26.7B
Property Plant And Equipment Net3.2B3.7B4.4B5.1B5.8B6.1B
Net Debt12.1B11.4B12.3B11.8B13.6B14.2B
Retained Earnings8.7B10.8B11.1B10.0B11.5B8.0B
Non Current Assets Total181.4B189.7B178.2B707.1B813.2B853.9B
Common Stock Shares Outstanding647.6M681.6M673.5M663.1M762.6M541.5M
Liabilities And Stockholders Equity629.1B661.6B733.7B749.5B861.9B905.0B
Non Current Liabilities Total20.3B21.0B4.4B703.1B808.6B849.0B
Other Current Assets25.6B34.3B33.5B42.3B38.1B40.0B
Other Stockholder Equity1.7B3.0B3.0B2.3B2.6B2.8B
Total Liab590.4B617.9B689.5B708.2B814.4B855.2B
Total Current Assets16.8B15.7B30.7B70.8B63.7B66.9B
Accumulated Other Comprehensive Income3.0B3.0B2.5B1.9B2.2B2.3B
Intangible Assets6.3B7.6B8.3B6.7B7.7B5.7B
Other Current Liab(5.8B)(4.6B)(4.1B)(7.6B)(6.8B)(6.5B)
Total Current Liabilities5.8B4.2B4.4B7.6B8.7B9.1B
Short Term Debt2.6B407M274M3.5B4.0B4.2B
Cash9.5B8.2B8.9B9.1B10.5B5.6B
Non Currrent Assets Other(181.4B)(1.1B)(1.2B)493.3B567.3B595.6B
Other Assets430.9B456.2B524.8B(28.5B)(32.8B)(31.1B)
Cash And Short Term Investments9.5B8.2B22.2B21.9B25.2B26.4B
Common Stock9.6B9.6B9.5B9.3B10.7B11.2B
Good Will14.0B13.0B14.6B14.6B16.8B11.1B
Accounts Payable3.2B3.8B3.7B4.0B4.5B3.3B
Net Receivables7.3B7.6B8.4B6.6B7.6B5.8B
Short Term Investments50.3B51.4B13.4B12.7B14.6B13.9B
Other Liab416.6B563.1B592.2B655.3B753.6B479.8B
Net Tangible Assets(3.0B)1.0B2.8B166M190.9M200.4M
Long Term Debt11.9B13.2B20.0B16.8B19.3B17.1B
Long Term Investments157.9B165.4B150.9B228.7B263.0B133.6B
Short Long Term Debt2.6B407M274M3.5B3.1B3.9B
Property Plant Equipment3.1B3.2B3.7B4.4B5.1B2.6B
Long Term Debt Total17.9B19.6B19.1B20.9B24.0B19.7B
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

  0.61SOU Southern Energy CorpPairCorr
  0.56GOOG Alphabet CDRPairCorr
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 CorrelationCorrelation 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.