Senvest Total Revenue vs Net Debt Analysis
| SEC Stock | CAD 350.00 6.00 1.74% |
Senvest Capital financial indicator trend analysis is much more than just breaking down Senvest Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senvest Capital is a good investment. Please check the relationship between Senvest Capital Total Revenue and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senvest Capital. 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 Revenue vs Net Debt
Total Revenue vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senvest Capital Total Revenue account and Net Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Senvest Capital's Total Revenue and Net Debt is 0.07. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Senvest Capital, assuming nothing else is changed. The correlation between historical values of Senvest Capital's Total Revenue and Net Debt 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 Revenue of Senvest Capital are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Revenue i.e., Senvest Capital's Total Revenue and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.07 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Senvest Capital generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Senvest Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senvest Capital 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 Senvest Capital. 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, Senvest Capital's Selling General Administrative is very stable compared to the past year. As of the 18th of December 2024, Tax Provision is likely to grow to about 18.5 M, while Issuance Of Capital Stock is likely to drop about 9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 843K | 694K | 1.1M | 929.5K | Research Development | 18.7 | 4.77 | 0.77 | 0.73 |
Senvest Capital fundamental ratios Correlations
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Senvest Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senvest Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.9B | 4.1B | 6.6B | 5.7B | 5.1B | 5.4B | |
| Short Long Term Debt Total | 12.8M | 14.4M | 11.1M | 9.2M | 1.9M | 1.8M | |
| Other Current Liab | (31.2M) | (55.8M) | (96.8M) | (5.3M) | 3.5B | 3.6B | |
| Total Current Liabilities | 31.2M | 55.8M | 96.8M | 5.3M | 3.5B | 3.6B | |
| Total Stockholder Equity | 919.4M | 1.1B | 1.8B | 1.6B | 1.6B | 1.7B | |
| Net Debt | (16.6M) | (9.9M) | (51.9M) | (39.2M) | (31.1M) | (29.6M) | |
| Retained Earnings | 746.3M | 950.4M | 1.7B | 1.3B | 1.4B | 1.5B | |
| Non Current Assets Total | 2.6B | 3.9B | 6.3B | 5.4B | 4.8B | 5.0B | |
| Non Currrent Assets Other | (2.6B) | (3.9B) | (6.3B) | (5.4B) | (4.7B) | (4.4B) | |
| Common Stock Shares Outstanding | 2.7M | 2.6M | 2.5M | 2.5M | 2.5M | 2.2M | |
| Liabilities And Stockholders Equity | 2.9B | 4.1B | 6.6B | 5.7B | 5.1B | 5.4B | |
| Non Current Liabilities Total | 720K | 992K | 96.8M | 5.3M | 1.9M | 1.8M | |
| Other Stockholder Equity | 151.1M | 126.0M | 127.6M | 234.3M | 1.0 | 1.05 | |
| Total Liab | 1.9B | 2.9B | 4.7B | 4.1B | 3.5B | 3.7B | |
| Short Term Debt | 8.1M | 10.0M | 7.4M | 6.4M | 7.6M | 11.8M | |
| Property Plant And Equipment Net | 4.6M | 4.5M | 3.9M | 2.8M | 2.6M | 2.4M | |
| Current Deferred Revenue | 65K | 185K | 85.8M | (3.9M) | (4.3M) | (4.1M) | |
| Accounts Payable | 31.2M | 55.8M | 96.8M | 5.3M | 3.3M | 3.2M | |
| Cash | 17.3M | 10.9M | 52.2M | 42.5M | 33.0M | 19.8M | |
| Cash And Short Term Investments | 17.3M | 10.9M | 52.2M | 42.5M | 4.3B | 4.5B | |
| Total Current Assets | 201.1M | 37.1M | 121.5M | 206.1M | 4.7B | 4.9B | |
| Net Receivables | 183.8M | 26.2M | 69.3M | 163.6M | 346.3M | 363.6M | |
| Other Current Assets | 465K | 472K | 475K | (221.5M) | 366.7M | 385.1M | |
| Accumulated Other Comprehensive Income | 151.1M | 126.0M | 127.6M | 234.3M | 197.3M | 100.7M | |
| Other Assets | 73.1M | 86.3M | 93.4M | 88.8M | (4.3B) | (4.1B) | |
| Common Stock Total Equity | 22.8M | 22.3M | 22.1M | 21.6M | 24.9M | 22.0M | |
| Short Term Investments | 465K | 472K | 475K | 477K | 429.3K | 407.8K | |
| Inventory | 214.9M | 51.9M | 144.9M | 221.5M | 399.7M | 419.7M | |
| Common Stock | 22.1M | 21.6M | 20.9M | 20.7M | 20.6M | 22.2M | |
| Other Liab | 32.6M | 48.8M | 98.1M | 228.4M | 262.6M | 275.8M | |
| Net Tangible Assets | 864.6M | 919.4M | 1.1B | 1.8B | 2.1B | 1.0B | |
| Long Term Investments | 2.6B | 3.9B | 6.3B | 5.4B | 4.7B | 3.0B | |
| Long Term Debt Total | 4.7M | 4.4M | 3.7M | 2.8M | 3.2M | 2.5M | |
| Net Invested Capital | 920.1M | 1.1B | 1.8B | 1.6B | 1.6B | 1.4B | |
| Capital Stock | 22.1M | 21.6M | 20.9M | 20.7M | 20.6M | 17.1M |
Pair Trading with Senvest Capital
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 Senvest Capital 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 Senvest Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Senvest Stock
Moving against Senvest Stock
| 0.66 | MOX | Morien Resources Corp | PairCorr |
| 0.62 | VCM | Vecima Networks | PairCorr |
| 0.44 | CNQ | Canadian Natural Res | PairCorr |
The ability to find closely correlated positions to Senvest Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Senvest Capital 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 Senvest Capital - 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 Senvest Capital to buy it.
The correlation of Senvest Capital 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 Senvest Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Senvest Capital 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 Senvest Capital 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 Senvest Stock
Balance Sheet is a snapshot of the financial position of Senvest Capital at a specified time, usually calculated after every quarter, six months, or one year. Senvest Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Senvest Capital 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 Senvest currently owns. An asset can also be divided into two categories, current and non-current.