Trisura Total Stockholder Equity vs Property Plant And Equipment Net Analysis

TSU Stock

CAD 34.13 0.34 0.99%

Trisura financial indicator trend analysis is much more than just breaking down Trisura Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trisura Group is a good investment. Please check the relationship between Trisura Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trisura Group. 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 Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trisura Group Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Trisura's Total Stockholder Equity and Property Plant And Equipment Net is 0.8. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Trisura Group, assuming nothing else is changed. The correlation between historical values of Trisura's Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Trisura Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Trisura's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Trisura's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trisura Group 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 Trisura Group. 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, Trisura's Tax Provision is very stable compared to the past year. As of the 1st of March 2025, Selling General Administrative is likely to grow to about 632.8 M, while Issuance Of Capital Stock is likely to drop about 2.8 M.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	3.6M	1.7M	1.9M	2.4M
Interest Income	24.9M	54.4M	70.6M	74.1M

Depreciation And Amortization Interest Income

Trisura fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.97	-0.57	-0.52	0.88	0.82	0.93	0.91	-0.87	0.63	0.92	0.82	0.71	0.59	0.28	0.94	0.89	0.19	0.84	0.96	0.67	0.7	-0.86	0.86	0.68	1.0
Short Long Term Debt Total	0.97		-0.55	-0.53	0.82	0.89	0.87	0.86	-0.87	0.65	0.88	0.84	0.68	0.56	0.22	0.98	0.86	0.23	0.75	0.91	0.59	0.67	-0.86	0.81	0.73	0.97
Other Current Liab	-0.57	-0.55		-0.25	-0.27	-0.56	-0.42	-0.66	0.24	-0.1	-0.4	-0.44	0.03	0.19	-0.79	-0.45	-0.67	-0.4	-0.43	-0.51	-0.37	0.05	0.42	-0.46	-0.26	-0.6
Total Current Liabilities	-0.52	-0.53	-0.25		-0.77	-0.3	-0.66	-0.38	0.81	-0.82	-0.71	-0.55	-0.93	-0.97	0.64	-0.59	-0.32	0.27	-0.34	-0.55	-0.39	-0.94	0.61	-0.51	-0.75	-0.49
Total Stockholder Equity	0.88	0.82	-0.27	-0.77		0.65	0.98	0.8	-0.94	0.82	0.98	0.71	0.93	0.86	-0.06	0.83	0.71	0.03	0.75	0.89	0.78	0.92	-0.88	0.79	0.76	0.86
Other Liab	0.82	0.89	-0.56	-0.3	0.65		0.73	0.8	-0.69	0.44	0.69	0.72	0.44	0.3	0.32	0.85	0.62	0.61	0.72	0.8	0.51	0.44	-0.83	0.76	0.51	0.82
Net Tangible Assets	0.93	0.87	-0.42	-0.66	0.98	0.73		0.88	-0.92	0.73	0.98	0.77	0.84	0.75	0.13	0.85	0.78	0.14	0.83	0.95	0.78	0.83	-0.91	0.84	0.7	0.92
Property Plant And Equipment Net	0.91	0.86	-0.66	-0.38	0.8	0.8	0.88		-0.71	0.44	0.81	0.7	0.56	0.44	0.38	0.77	0.73	0.42	0.9	0.94	0.64	0.54	-0.92	0.9	0.47	0.91
Net Debt	-0.87	-0.87	0.24	0.81	-0.94	-0.69	-0.92	-0.71		-0.82	-0.96	-0.86	-0.92	-0.85	0.11	-0.89	-0.75	0.04	-0.66	-0.86	-0.58	-0.92	0.83	-0.72	-0.84	-0.86
Retained Earnings	0.63	0.65	-0.1	-0.82	0.82	0.44	0.73	0.44	-0.82		0.81	0.5	0.89	0.86	-0.37	0.74	0.53	-0.21	0.27	0.58	0.68	0.89	-0.58	0.5	0.95	0.62
Accounts Payable	0.92	0.88	-0.4	-0.71	0.98	0.69	0.98	0.81	-0.96	0.81		0.79	0.89	0.8	0.07	0.88	0.82	0.0	0.73	0.9	0.75	0.88	-0.87	0.76	0.81	0.92
Cash	0.82	0.84	-0.44	-0.55	0.71	0.72	0.77	0.7	-0.86	0.5	0.79		0.64	0.54	0.16	0.79	0.77	0.1	0.63	0.81	0.24	0.63	-0.76	0.66	0.66	0.81
Non Current Assets Total	0.71	0.68	0.03	-0.93	0.93	0.44	0.84	0.56	-0.92	0.89	0.89	0.64		0.98	-0.38	0.73	0.56	-0.25	0.52	0.71	0.62	1.0	-0.73	0.6	0.82	0.69
Non Currrent Assets Other	0.59	0.56	0.19	-0.97	0.86	0.3	0.75	0.44	-0.85	0.86	0.8	0.54	0.98		-0.52	0.62	0.43	-0.33	0.42	0.61	0.55	0.99	-0.63	0.52	0.76	0.56
Other Assets	0.28	0.22	-0.79	0.64	-0.06	0.32	0.13	0.38	0.11	-0.37	0.07	0.16	-0.38	-0.52		0.11	0.46	0.38	0.36	0.23	0.15	-0.4	-0.09	0.14	-0.24	0.32
Long Term Debt	0.94	0.98	-0.45	-0.59	0.83	0.85	0.85	0.77	-0.89	0.74	0.88	0.79	0.73	0.62	0.11		0.83	0.14	0.67	0.86	0.62	0.73	-0.8	0.75	0.8	0.94
Cash And Short Term Investments	0.89	0.86	-0.67	-0.32	0.71	0.62	0.78	0.73	-0.75	0.53	0.82	0.77	0.56	0.43	0.46	0.83		-0.08	0.64	0.78	0.54	0.54	-0.62	0.58	0.65	0.9
Net Receivables	0.19	0.23	-0.4	0.27	0.03	0.61	0.14	0.42	0.04	-0.21	0.0	0.1	-0.25	-0.33	0.38	0.14	-0.08		0.42	0.31	0.14	-0.24	-0.37	0.48	-0.21	0.2
Common Stock Total Equity	0.84	0.75	-0.43	-0.34	0.75	0.72	0.83	0.9	-0.66	0.27	0.73	0.63	0.52	0.42	0.36	0.67	0.64	0.42		0.9	0.58	0.51	-0.84	0.87	0.24	0.83
Common Stock Shares Outstanding	0.96	0.91	-0.51	-0.55	0.89	0.8	0.95	0.94	-0.86	0.58	0.9	0.81	0.71	0.61	0.23	0.86	0.78	0.31	0.9		0.64	0.7	-0.9	0.94	0.6	0.96
Short Term Investments	0.67	0.59	-0.37	-0.39	0.78	0.51	0.78	0.64	-0.58	0.68	0.75	0.24	0.62	0.55	0.15	0.62	0.54	0.14	0.58	0.64		0.62	-0.63	0.58	0.54	0.67
Non Current Liabilities Total	0.7	0.67	0.05	-0.94	0.92	0.44	0.83	0.54	-0.92	0.89	0.88	0.63	1.0	0.99	-0.4	0.73	0.54	-0.24	0.51	0.7	0.62		-0.72	0.59	0.82	0.68
Inventory	-0.86	-0.86	0.42	0.61	-0.88	-0.83	-0.91	-0.92	0.83	-0.58	-0.87	-0.76	-0.73	-0.63	-0.09	-0.8	-0.62	-0.37	-0.84	-0.9	-0.63	-0.72		-0.85	-0.59	-0.85
Other Current Assets	0.86	0.81	-0.46	-0.51	0.79	0.76	0.84	0.9	-0.72	0.5	0.76	0.66	0.6	0.52	0.14	0.75	0.58	0.48	0.87	0.94	0.58	0.59	-0.85		0.47	0.85
Other Stockholder Equity	0.68	0.73	-0.26	-0.75	0.76	0.51	0.7	0.47	-0.84	0.95	0.81	0.66	0.82	0.76	-0.24	0.8	0.65	-0.21	0.24	0.6	0.54	0.82	-0.59	0.47		0.68
Total Liab	1.0	0.97	-0.6	-0.49	0.86	0.82	0.92	0.91	-0.86	0.62	0.92	0.81	0.69	0.56	0.32	0.94	0.9	0.2	0.83	0.96	0.67	0.68	-0.85	0.85	0.68

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Trisura Account Relationship Matchups

Trisura fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	3.0B	4.3B	3.6B	4.6B	2.4B
Short Long Term Debt Total	36.3M	84.7M	86.7M	84.7M	97.4M	58.5M
Other Current Liab	(179.3M)	(360.4M)	(653.2M)	(15.1M)	(13.6M)	(14.3M)
Total Current Liabilities	179.3M	335.7M	636.2M	(2.0B)	(1.8B)	(1.7B)
Total Stockholder Equity	289.9M	358.8M	483.3M	619.4M	785.3M	824.5M
Other Liab	12.2M	12.5M	76.2M	38.1M	43.9M	26.1M
Net Tangible Assets	186.7M	286.4M	355.4M	478.8M	550.7M	578.2M
Property Plant And Equipment Net	10.5M	13.7M	15.1M	12.3M	13.4M	9.7M
Net Debt	(100.2M)	(256.6M)	(319.6M)	(519.3M)	(467.4M)	(444.0M)
Retained Earnings	4.1M	66.7M	91.3M	143.6M	262.5M	275.6M
Accounts Payable	80.2M	151.7M	335.7M	636.2M	731.7M	768.2M
Cash	136.5M	341.3M	406.4M	604.0M	270.4M	272.2M
Non Current Assets Total	13.9M	17.1M	784.9M	3.0B	3.5B	3.7B
Non Currrent Assets Other	(13.9M)	(637.3M)	(17.9M)	3.0B	3.4B	3.6B
Other Assets	712.9M	980.6M	1.9B	(64.3M)	(73.9M)	(70.2M)
Cash And Short Term Investments	136.5M	341.3M	1.2B	611.5M	703.2M	375.4M
Net Receivables	843.4M	1.7B	32.7M	26.9M	31.0M	29.4M
Common Stock Shares Outstanding	39.6M	42.1M	44.3M	47.3M	47.6M	39.6M
Short Term Investments	506.7M	567.8M	765.4M	7.5M	1.1B	1.1B
Liabilities And Stockholders Equity	1.7B	3.0B	4.3B	3.6B	4.1B	2.1B
Non Current Liabilities Total	8.8M	84.7M	636.2M	3.0B	3.4B	3.6B
Inventory	(305.8M)	(630.2M)	(434.5M)	(638.5M)	(574.6M)	(603.3M)
Other Current Assets	688.1M	630.2M	434.5M	634.9M	730.1M	410.3M
Other Stockholder Equity	(1.3M)	3.5M	5.7M	7.5M	8.6M	9.0M
Total Liab	1.4B	2.6B	3.8B	3.0B	3.8B	2.0B
Total Current Assets	979.9M	2.0B	1.6B	611.5M	703.2M	883.3M
Accumulated Other Comprehensive Income	(1.3M)	7.1M	(38.3M)	(12.7M)	(11.4M)	(10.8M)
Intangible Assets	3.4M	3.4M	4.5M	4.3M	4.5M	3.3M
Common Stock	285.7M	285.0M	430.3M	481.0M	553.2M	280.2M
Property Plant Equipment	10.9M	10.5M	13.7M	19.5M	22.5M	23.6M
Capital Surpluse	815K	1.3M	3.5M	5.7M	6.6M	6.9M
Net Invested Capital	317.4M	433.8M	558.3M	694.4M	883.5M	469.6M
Cash And Equivalents	85.9M	136.5M	341.3M	406.4M	467.3M	490.7M

Pair Trading with Trisura

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

Moving against Trisura Stock

0.9	BCE-PT	Bce Inc Pref	Pair Corr
0.89	SLF-PH	Sun Lif Non	Pair Corr
0.83	AMM	Almaden Minerals	Pair Corr
0.81	ROOT	Roots Corp	Pair Corr
0.77	ATX	ATEX Resources	Pair Corr

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

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

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

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Trisura Total Stockholder Equity vs Property Plant And Equipment Net Analysis

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Property Plant And Equipment Net

Trisura fundamental ratios Correlations

Trisura Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trisura fundamental ratios Accounts

Pair Trading with Trisura

Moving against Trisura Stock

Other Information on Investing in Trisura Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 0.99	Non Currrent Assets Other
Long Term Debt	+ 0.98	Short Long Term Debt Total
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Accounts Payable	+ 0.98	Total Stockholder Equity

Non Currrent Assets Other	- 0.97	Total Current Liabilities
Accounts Payable	- 0.96	Net Debt
Net Debt	- 0.94	Total Stockholder Equity
Non Current Liabilities Total	- 0.94	Total Current Liabilities
Non Current Assets Total	- 0.93	Total Current Liabilities
Non Current Liabilities Total	- 0.92	Net Debt