True Dividend Yield vs Pb Ratio Analysis

TNT-UN Stock  CAD 8.38  0.13  1.58%   
True North financial indicator trend analysis is much more than just breaking down True North Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether True North Commercial is a good investment. Please check the relationship between True North Dividend Yield and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True North Commercial. 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.

Dividend Yield vs Pb Ratio

Dividend Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of True North Commercial Dividend Yield account and Pb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between True North's Dividend Yield and Pb Ratio is -0.38. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of True North Commercial, assuming nothing else is changed. The correlation between historical values of True North's Dividend Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of True North Commercial are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Dividend Yield i.e., True North's Dividend Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is True North Commercial dividend as a percentage of True North stock price. True North Commercial dividend yield is a measure of True North stock productivity, which can be interpreted as interest rate earned on an True North investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Pb Ratio

Most indicators from True North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into True North Commercial 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 True North Commercial. 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.
As of March 1, 2025, Selling General Administrative is expected to decline to about 4.1 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2022 2023 2024 2025 (projected)
Gross Profit86.5M72.5M83.4M50.1M
Total Revenue143.6M132.2M152.0M84.6M

True North fundamental ratios Correlations

1.00.710.871.01.00.91.0-0.380.820.451.00.030.450.710.161.00.520.751.00.640.851.00.990.790.99
1.00.680.880.991.00.91.0-0.420.840.441.00.070.440.70.140.990.550.751.00.660.861.00.990.790.99
0.710.680.550.740.720.450.680.210.390.260.72-0.330.260.820.260.680.210.390.690.310.560.660.670.430.65
0.870.880.550.850.860.940.88-0.650.950.250.860.330.250.740.040.840.80.80.880.841.00.880.870.690.86
1.00.990.740.851.00.880.99-0.320.790.461.0-0.020.460.720.190.990.470.740.990.60.830.990.990.780.98
1.01.00.720.861.00.891.0-0.360.810.441.00.010.440.70.171.00.490.741.00.610.840.990.990.790.99
0.90.90.450.940.880.890.9-0.670.970.410.890.280.410.630.110.890.730.810.90.810.910.910.90.780.91
1.01.00.680.880.991.00.9-0.420.840.421.00.070.420.70.140.990.550.751.00.660.861.00.990.780.99
-0.38-0.420.21-0.65-0.32-0.36-0.67-0.42-0.78-0.16-0.36-0.75-0.16-0.170.2-0.38-0.83-0.56-0.42-0.8-0.62-0.45-0.42-0.32-0.43
0.820.840.390.950.790.810.970.84-0.780.350.810.420.350.630.020.810.860.780.840.910.920.840.830.670.84
0.450.440.260.250.460.440.410.42-0.160.350.44-0.231.00.290.140.490.170.220.450.380.20.450.430.430.46
1.01.00.720.861.01.00.891.0-0.360.810.440.010.440.70.171.00.490.741.00.610.840.990.990.790.99
0.030.07-0.330.33-0.020.010.280.07-0.750.42-0.230.01-0.23-0.080.050.020.640.530.060.530.330.090.06-0.270.06
0.450.440.260.250.460.440.410.42-0.160.351.00.44-0.230.290.140.490.170.220.450.380.20.450.430.430.46
0.710.70.820.740.720.70.630.7-0.170.630.290.7-0.080.290.210.670.590.510.710.660.750.690.660.570.64
0.160.140.260.040.190.170.110.140.20.020.140.170.050.140.210.17-0.040.490.140.020.040.130.14-0.010.11
1.00.990.680.840.991.00.890.99-0.380.810.491.00.020.490.670.170.490.740.990.620.810.990.990.790.99
0.520.550.210.80.470.490.730.55-0.830.860.170.490.640.170.59-0.040.490.630.550.970.790.560.520.350.52
0.750.750.390.80.740.740.810.75-0.560.780.220.740.530.220.510.490.740.630.750.680.80.760.750.430.73
1.01.00.690.880.991.00.91.0-0.420.840.451.00.060.450.710.140.990.550.750.660.851.00.990.790.99
0.640.660.310.840.60.610.810.66-0.80.910.380.610.530.380.660.020.620.970.680.660.820.670.640.460.64
0.850.860.561.00.830.840.910.86-0.620.920.20.840.330.20.750.040.810.790.80.850.820.860.850.650.83
1.01.00.660.880.990.990.911.0-0.450.840.450.990.090.450.690.130.990.560.761.00.670.861.00.780.99
0.990.990.670.870.990.990.90.99-0.420.830.430.990.060.430.660.140.990.520.750.990.640.851.00.780.99
0.790.790.430.690.780.790.780.78-0.320.670.430.79-0.270.430.57-0.010.790.350.430.790.460.650.780.780.79
0.990.990.650.860.980.990.910.99-0.430.840.460.990.060.460.640.110.990.520.730.990.640.830.990.990.79
Click cells to compare fundamentals

True North Account Relationship Matchups

True North fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.5B1.3B1.5B908.5M
Short Long Term Debt Total812.5M820.4M861.1M821.0M944.1M531.1M
Other Current Liab8.5M8.7M15.5M2.3M2.6M2.5M
Total Current Liabilities75.6M177.2M230.2M172.3M198.1M208.0M
Total Stockholder Equity525.2M540.1M522.1M452.8M520.7M330.2M
Property Plant And Equipment Net1.4B1.4B1.3B1.3B1.4B879.1M
Current Deferred Revenue7.6M8.1M8.3M9.0M10.3M10.9M
Net Debt787.9M814.9M851.6M812.0M933.9M522.4M
Retained Earnings(3.0M)(4.0M)(41.1M)(109.1M)(98.2M)(93.3M)
Accounts Payable23.1M21.2M37.0M34.3M39.5M41.5M
Cash24.6M5.5M9.5M8.9M10.3M8.7M
Non Current Assets Total1.4B1.4B1.3B1.3B1.4B881.3M
Non Currrent Assets Other(1.4B)(1.4B)1.1M1.3B1.1B1.2B
Cash And Short Term Investments24.6M5.5M9.5M8.9M10.3M8.7M
Net Receivables2.5M3.9M7.3M2.1M2.4M2.7M
Common Stock Shares Outstanding15.6M15.9M16.4M16.4M18.9M23.6M
Liabilities And Stockholders Equity1.4B1.4B1.5B1.3B1.5B908.5M
Non Current Liabilities Total804.1M703.9M698.0M698.6M803.4M487.8M
Inventory(496K)(1.5M)84.3M54.3M62.5M65.6M
Other Current Assets1.5M2.9M3.5M5.0M5.8M6.1M
Total Liab879.7M881.1M928.2M870.9M1.0B578.3M
Total Current Assets28.6M12.0M106.3M71.2M81.8M85.9M
Short Term Debt36.4M139.2M177.7M126.3M145.3M152.5M
Common Stock528.2M544.1M563.3M561.9M646.2M343.2M
Net Tangible Assets527.3M525.2M540.1M522.1M600.5M347.7M
Other Assets910K4.1M5.6M2.8M3.3M2.2M
Long Term Debt776.0M681.2M683.4M694.4M798.5M511.8M
Short Long Term Debt36.4M139.2M177.7M126.6M145.6M83.8M
Property Plant Equipment1.4B1.4B1.4B1.3B1.5B915.8M
Non Current Liabilities Other24.3M22.4M14.6M4.2M3.8M3.6M
Short Term Investments434K14K1.9M1.9M2.2M2.3M
Net Invested Capital1.3B1.4B1.4B1.3B1.5B1.3B
Net Working Capital(47.0M)(165.2M)(123.9M)(101.1M)(91.0M)(95.5M)
Capital Stock528.2M544.1M563.3M561.9M646.2M560.6M

Other Information on Investing in True Stock

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