SAP Free Cash Flow Yield vs Capex To Depreciation Analysis

SAP Stock

CAD 26.10 0.22 0.85%

S A P financial indicator trend analysis is much more than just breaking down Saputo Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saputo Inc is a good investment. Please check the relationship between S A P Free Cash Flow Yield and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saputo Inc. 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 Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saputo Inc Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.

The correlation between S A P's Free Cash Flow Yield and Capex To Depreciation is 0.06. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Saputo Inc, assuming nothing else is changed. The correlation between historical values of S A P's Free Cash Flow Yield and Capex To Depreciation 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 Yield of Saputo Inc are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., S A P's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from S A P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saputo Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saputo Inc. 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.

As of the 29th of November 2024, Tax Provision is likely to grow to about 156.8 M, while Selling General Administrative is likely to drop about 2.3 B.

	2021	2022	2023	2024 (projected)
Gross Profit	4.7B	5.4B	2.5B	2.1B
Total Revenue	15.0B	17.8B	17.3B	18.2B

Gross Profit Total Revenue

S A P fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Current Deferred Revenue	Good Will	Intangible Assets
Total Assets		0.97	0.29	0.96	0.99	0.99	0.96	0.98	0.98	1.0	0.63	0.98	0.69	0.98	0.98	0.48	0.13	0.99	0.93	0.99	0.81	0.8	0.8	-0.84	0.88	0.88
Short Long Term Debt Total	0.97		0.34	0.94	0.92	0.97	1.0	0.92	0.95	0.98	0.72	0.93	0.62	0.99	0.94	0.51	-0.04	0.99	0.91	0.95	0.84	0.73	0.73	-0.8	0.86	0.89
Other Current Liab	0.29	0.34		0.32	0.25	0.28	0.37	0.27	0.33	0.3	0.4	0.36	0.24	0.32	0.29	0.05	-0.12	0.33	0.3	0.28	0.33	-0.04	-0.04	-0.5	0.3	0.33
Total Current Liabilities	0.96	0.94	0.32		0.93	0.97	0.93	0.92	0.98	0.95	0.5	0.95	0.7	0.92	0.97	0.38	0.02	0.97	0.95	0.97	0.93	0.78	0.78	-0.87	0.78	0.76
Total Stockholder Equity	0.99	0.92	0.25	0.93		0.97	0.91	1.0	0.96	0.98	0.58	0.98	0.7	0.94	0.97	0.46	0.24	0.96	0.9	0.98	0.75	0.8	0.8	-0.83	0.88	0.86
Property Plant And Equipment Net	0.99	0.97	0.28	0.97	0.97		0.95	0.97	0.99	0.99	0.59	0.96	0.67	0.97	0.99	0.41	0.07	0.99	0.96	1.0	0.85	0.83	0.83	-0.83	0.84	0.84
Net Debt	0.96	1.0	0.37	0.93	0.91	0.95		0.91	0.93	0.97	0.74	0.93	0.61	0.99	0.93	0.52	-0.07	0.98	0.89	0.93	0.83	0.68	0.68	-0.8	0.87	0.9
Retained Earnings	0.98	0.92	0.27	0.92	1.0	0.97	0.91		0.96	0.98	0.58	0.98	0.7	0.94	0.96	0.44	0.22	0.95	0.89	0.97	0.74	0.77	0.77	-0.83	0.89	0.87
Accounts Payable	0.98	0.95	0.33	0.98	0.96	0.99	0.93	0.96		0.97	0.56	0.96	0.68	0.95	0.99	0.35	0.09	0.98	0.96	0.99	0.85	0.81	0.81	-0.85	0.81	0.81
Non Current Assets Total	1.0	0.98	0.3	0.95	0.98	0.99	0.97	0.98	0.97		0.66	0.98	0.69	0.98	0.97	0.52	0.13	0.99	0.91	0.98	0.8	0.78	0.78	-0.84	0.9	0.9
Non Currrent Assets Other	0.63	0.72	0.4	0.5	0.58	0.59	0.74	0.58	0.56	0.66		0.58	0.26	0.74	0.54	0.5	0.1	0.66	0.45	0.56	0.37	0.38	0.38	-0.45	0.64	0.83
Net Receivables	0.98	0.93	0.36	0.95	0.98	0.96	0.93	0.98	0.96	0.98	0.58		0.72	0.94	0.95	0.47	0.19	0.96	0.88	0.97	0.8	0.7	0.7	-0.88	0.9	0.86
Common Stock Shares Outstanding	0.69	0.62	0.24	0.7	0.7	0.67	0.61	0.7	0.68	0.69	0.26	0.72		0.62	0.66	0.61	0.27	0.67	0.59	0.69	0.6	0.56	0.56	-0.88	0.58	0.53
Non Current Liabilities Total	0.98	0.99	0.32	0.92	0.94	0.97	0.99	0.94	0.95	0.98	0.74	0.94	0.62		0.95	0.53	0.03	0.99	0.9	0.95	0.77	0.75	0.75	-0.79	0.88	0.92
Inventory	0.98	0.94	0.29	0.97	0.97	0.99	0.93	0.96	0.99	0.97	0.54	0.95	0.66	0.95		0.34	0.07	0.97	0.98	1.0	0.84	0.83	0.83	-0.83	0.81	0.81
Other Current Assets	0.48	0.51	0.05	0.38	0.46	0.41	0.52	0.44	0.35	0.52	0.5	0.47	0.61	0.53	0.34		0.24	0.48	0.24	0.39	0.29	0.26	0.26	-0.54	0.65	0.57
Other Stockholder Equity	0.13	-0.04	-0.12	0.02	0.24	0.07	-0.07	0.22	0.09	0.13	0.1	0.19	0.27	0.03	0.07	0.24		0.02	-0.09	0.12	-0.18	0.2	0.2	-0.21	0.18	0.12
Total Liab	0.99	0.99	0.33	0.97	0.96	0.99	0.98	0.95	0.98	0.99	0.66	0.96	0.67	0.99	0.97	0.48	0.02		0.94	0.98	0.85	0.78	0.78	-0.84	0.86	0.88
Property Plant And Equipment Gross	0.93	0.91	0.3	0.95	0.9	0.96	0.89	0.89	0.96	0.91	0.45	0.88	0.59	0.9	0.98	0.24	-0.09	0.94		0.96	0.85	0.83	0.83	-0.77	0.72	0.72
Total Current Assets	0.99	0.95	0.28	0.97	0.98	1.0	0.93	0.97	0.99	0.98	0.56	0.97	0.69	0.95	1.0	0.39	0.12	0.98	0.96		0.83	0.83	0.83	-0.85	0.83	0.83
Short Term Debt	0.81	0.84	0.33	0.93	0.75	0.85	0.83	0.74	0.85	0.8	0.37	0.8	0.6	0.77	0.84	0.29	-0.18	0.85	0.85	0.83		0.64	0.64	-0.76	0.62	0.57
Cash	0.8	0.73	-0.04	0.78	0.8	0.83	0.68	0.77	0.81	0.78	0.38	0.7	0.56	0.75	0.83	0.26	0.2	0.78	0.83	0.83	0.64		1.0	-0.59	0.53	0.59
Cash And Short Term Investments	0.8	0.73	-0.04	0.78	0.8	0.83	0.68	0.77	0.81	0.78	0.38	0.7	0.56	0.75	0.83	0.26	0.2	0.78	0.83	0.83	0.64	1.0		-0.59	0.53	0.59
Current Deferred Revenue	-0.84	-0.8	-0.5	-0.87	-0.83	-0.83	-0.8	-0.83	-0.85	-0.84	-0.45	-0.88	-0.88	-0.79	-0.83	-0.54	-0.21	-0.84	-0.77	-0.85	-0.76	-0.59	-0.59		-0.76	-0.71
Good Will	0.88	0.86	0.3	0.78	0.88	0.84	0.87	0.89	0.81	0.9	0.64	0.9	0.58	0.88	0.81	0.65	0.18	0.86	0.72	0.83	0.62	0.53	0.53	-0.76		0.92
Intangible Assets	0.88	0.89	0.33	0.76	0.86	0.84	0.9	0.87	0.81	0.9	0.83	0.86	0.53	0.92	0.81	0.57	0.12	0.88	0.72	0.83	0.57	0.59	0.59	-0.71	0.92

Click cells to compare fundamentals

S A P Account Relationship Matchups

S A P fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.8B	13.1B	13.7B	14.4B	14.3B	15.0B
Short Long Term Debt Total	4.5B	4.1B	4.2B	4.0B	4.0B	4.2B
Other Current Liab	104.8M	64.8M	877M	164M	77M	107.6M
Total Current Liabilities	2.5B	2.1B	2.8B	3.0B	3.1B	3.3B
Total Stockholder Equity	6.6B	6.4B	6.5B	7.1B	7.1B	7.4B
Property Plant And Equipment Net	4.3B	4.3B	4.4B	4.7B	5.0B	5.2B
Net Debt	4.2B	3.8B	4.1B	3.8B	3.5B	3.7B
Retained Earnings	4.1B	4.3B	4.3B	4.5B	4.4B	4.6B
Accounts Payable	1.7B	1.6B	2.0B	2.0B	2.1B	2.2B
Non Current Assets Total	9.7B	9.2B	9.4B	9.6B	9.4B	9.9B
Non Currrent Assets Other	495.3M	278.7M	327M	122M	61M	105.8M
Net Receivables	1.4B	1.3B	1.6B	1.6B	1.4B	1.5B
Common Stock Shares Outstanding	402.5M	411.4M	414.8M	419.2M	423.3M	443.1M
Liabilities And Stockholders Equity	13.8B	13.1B	13.7B	14.4B	14.3B	15.0B
Non Current Liabilities Total	4.7B	4.5B	4.4B	4.3B	4.1B	4.3B
Inventory	2.2B	2.3B	2.5B	2.9B	2.9B	3.0B
Other Current Assets	57.8M	106.6M	92.6M	75M	79M	63.4M
Other Stockholder Equity	778.4M	500K	259M	356M	409.4M	394.7M
Total Liab	7.2B	6.7B	7.2B	7.3B	7.2B	7.6B
Property Plant And Equipment Gross	4.3B	6.4B	6.9B	7.6B	8.2B	8.6B
Total Current Assets	4.1B	3.9B	4.3B	4.9B	4.8B	5.1B
Accumulated Other Comprehensive Income	778.4M	375.8M	259M	532M	459M	482.0M
Short Term Debt	603.2M	451M	784M	754M	917M	962.9M
Cash	319.4M	308.7M	165M	263M	466M	489.3M
Cash And Short Term Investments	319.4M	308.7M	165M	263M	466M	489.3M
Current Deferred Revenue	(656.6M)	(515.8M)	(833M)	(818M)	(736.2M)	(699.4M)
Good Will	3.2B	3.1B	3.2B	3.3B	3.1B	2.1B
Intangible Assets	1.6B	1.5B	1.4B	1.3B	1.2B	740.6M
Common Stock	1.7B	1.8B	1.9B	2.1B	2.2B	1.4B
Other Liab	588.7M	858.1M	869M	937M	1.1B	699.6M
Net Tangible Assets	1.9B	1.7B	1.9B	1.9B	2.2B	1.6B
Other Assets	559.1M	292M	357M	185M	212.8M	213.1M
Long Term Debt	3.5B	3.3B	3.1B	2.9B	2.7B	2.5B
Short Long Term Debt	528.5M	375.6M	719M	663M	832M	455.5M
Property Plant Equipment	4.3B	4.3B	4.4B	4.7B	5.4B	3.4B
Long Term Debt Total	3.9B	3.7B	3.5B	3.3B	3.8B	2.8B
Non Current Liabilities Other	49.8M	21.4M	18.7M	13M	14M	17.7M

Pair Trading with S A P

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 S A P 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 S A P will appreciate offsetting losses from the drop in the long position's value.

Moving together with SAP Stock

0.64	NG	NovaGold Resources	Pair Corr
0.93	HPQ	HPQ Silicon Resources	Pair Corr

Moving against SAP Stock

0.31

SBIO

Sabio Holdings

Pair Corr

The ability to find closely correlated positions to S A P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace S A P 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 S A P - 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 Saputo Inc to buy it.

The correlation of S A P 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 S A P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saputo Inc 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 S A P 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 SAP Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SAP Free Cash Flow Yield vs Capex To Depreciation Analysis

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Capex To Depreciation

S A P fundamental ratios Correlations

S A P Account Relationship Matchups

High Positive Relationship

High Negative Relationship

S A P fundamental ratios Accounts

Pair Trading with S A P

Moving together with SAP Stock

Moving against SAP Stock

Other Information on Investing in SAP Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Inventory
Cash And Short Term Investments	+ 1.0	Cash

Current Deferred Revenue	- 0.88	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.88	Net Receivables
Current Deferred Revenue	- 0.87	Total Current Liabilities
Current Deferred Revenue	- 0.85	Total Current Assets
Current Deferred Revenue	- 0.85	Accounts Payable
Current Deferred Revenue	- 0.84	Total Liab