Andlauer Net Tangible Assets vs Total Liab Analysis

AND Stock  CAD 52.95  0.05  0.09%   
Andlauer Healthcare financial indicator trend analysis is way more than just evaluating Andlauer Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andlauer Healthcare is a good investment. Please check the relationship between Andlauer Healthcare Net Tangible Assets and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. 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.

Net Tangible Assets vs Total Liab

Net Tangible Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andlauer Healthcare Net Tangible Assets account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Andlauer Healthcare's Net Tangible Assets and Total Liab is -0.73. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Andlauer Healthcare Gr, assuming nothing else is changed. The correlation between historical values of Andlauer Healthcare's Net Tangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Andlauer Healthcare Gr are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Andlauer Healthcare's Net Tangible Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Andlauer Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andlauer Healthcare 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. 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, Andlauer Healthcare's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 2nd of August 2025, Enterprise Value Multiple is likely to grow to 14.55, while Tax Provision is likely to drop about 17.3 M.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization64.5M68.1M78.4M41.0M
Interest Income6.3M3.2M5.4M7.8M

Andlauer Healthcare fundamental ratios Correlations

0.830.510.910.990.95-0.460.970.720.220.980.510.990.630.810.650.591.00.840.910.910.850.730.93-0.690.93
0.830.750.90.720.83-0.840.90.930.60.840.080.870.50.910.210.10.850.810.940.980.940.570.81-0.890.97
0.510.750.570.40.43-0.630.530.690.770.50.050.550.190.51-0.01-0.090.520.50.560.720.530.050.36-0.570.68
0.910.90.570.850.91-0.650.950.80.260.950.250.930.750.830.510.420.930.780.950.930.920.770.9-0.810.97
0.990.720.40.850.92-0.330.920.610.110.950.610.960.60.730.740.690.970.810.840.830.760.730.91-0.60.85
0.950.830.430.910.92-0.550.950.750.140.950.410.950.660.780.560.550.940.90.880.90.880.870.9-0.750.92
-0.46-0.84-0.63-0.65-0.33-0.55-0.62-0.8-0.7-0.510.39-0.55-0.32-0.70.280.32-0.52-0.59-0.74-0.75-0.75-0.37-0.580.87-0.73
0.970.90.530.950.920.95-0.620.780.310.960.320.990.640.870.520.440.980.840.970.960.950.750.94-0.80.97
0.720.930.690.80.610.75-0.80.780.620.73-0.010.770.410.880.080.110.740.670.820.890.860.470.69-0.740.88
0.220.60.770.260.110.14-0.70.310.620.19-0.340.31-0.210.49-0.45-0.480.260.250.420.520.39-0.280.21-0.460.44
0.980.840.50.950.950.95-0.510.960.730.190.50.970.690.820.670.550.980.870.920.910.860.80.95-0.770.94
0.510.080.050.250.610.410.390.32-0.01-0.340.50.420.290.180.870.690.450.480.180.220.080.390.36-0.040.24
0.990.870.550.930.960.95-0.550.990.770.310.970.420.620.840.580.511.00.850.940.950.890.710.94-0.750.96
0.630.50.190.750.60.66-0.320.640.41-0.210.690.290.620.490.60.420.640.530.630.540.580.780.67-0.570.62
0.810.910.510.830.730.78-0.70.870.880.490.820.180.840.490.330.140.820.760.920.910.910.580.85-0.820.9
0.650.21-0.010.510.740.560.280.520.08-0.450.670.870.580.60.330.80.610.480.40.350.310.620.56-0.180.41
0.590.1-0.090.420.690.550.320.440.11-0.480.550.690.510.420.140.80.550.30.250.260.230.550.420.080.32
1.00.850.520.930.970.94-0.520.980.740.260.980.451.00.640.820.610.550.850.930.930.870.730.95-0.730.94
0.840.810.50.780.810.9-0.590.840.670.250.870.480.850.530.760.480.30.850.820.850.760.760.85-0.850.84
0.910.940.560.950.840.88-0.740.970.820.420.920.180.940.630.920.40.250.930.820.960.950.690.95-0.890.97
0.910.980.720.930.830.9-0.750.960.890.520.910.220.950.540.910.350.260.930.850.960.950.620.87-0.850.99
0.850.940.530.920.760.88-0.750.950.860.390.860.080.890.580.910.310.230.870.760.950.950.70.85-0.830.95
0.730.570.050.770.730.87-0.370.750.47-0.280.80.390.710.780.580.620.550.730.760.690.620.70.79-0.650.68
0.930.810.360.90.910.9-0.580.940.690.210.950.360.940.670.850.560.420.950.850.950.870.850.79-0.820.89
-0.69-0.89-0.57-0.81-0.6-0.750.87-0.8-0.74-0.46-0.77-0.04-0.75-0.57-0.82-0.180.08-0.73-0.85-0.89-0.85-0.83-0.65-0.82-0.85
0.930.970.680.970.850.92-0.730.970.880.440.940.240.960.620.90.410.320.940.840.970.990.950.680.89-0.85
Click cells to compare fundamentals

Andlauer Healthcare Account Relationship Matchups

Andlauer Healthcare fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets252.8M644.2M712.5M682.4M696.9M489.3M
Short Long Term Debt Total129.6M187.3M163.3M127.9M147.1M133.1M
Other Current Liab1.5M13.7M16.3M450K517.5K491.6K
Total Current Liabilities48.1M90.5M85.8M69.5M106.2M70.8M
Total Stockholder Equity94.3M352.1M441.0M469.6M431.1M282.0M
Other Liab656K2.0M51.7M49.0M56.3M59.1M
Net Tangible Assets40.1M59.8M16.9M83.3M75.0M66.2M
Property Plant And Equipment Net118.9M178.1M175.9M166.2M188.1M148.8M
Current Deferred Revenue1.0M1.8M1.1M966K1.1M1.1M
Net Debt99.5M162.3M97.4M68.2M14.4M13.7M
Accounts Payable24.3M37.6M41.8M40.4M43.3M34.3M
Cash30.1M25.0M65.9M59.7M40.5M46.2M
Non Current Assets Total160.3M522.0M540.4M507.3M528.0M336.5M
Non Currrent Assets Other810K847K997K911K1.3M1.0M
Other Assets984K6.9M8.7M5.8M6.7M4.1M
Cash And Short Term Investments30.1M25.0M65.9M59.7M68.7M46.4M
Net Receivables58.2M90.2M98.5M103.4M110.4M99.4M
Good Will25.9M176.7M192.9M190.6M199.1M105.6M
Common Stock Shares Outstanding38.5M40.0M42.7M42.5M39.3M42.7M
Long Term Debt Total94.1M108.4M149.8M136.7M157.2M107.1M
Liabilities And Stockholders Equity252.8M644.2M712.5M682.4M784.8M454.6M
Non Current Liabilities Total110.4M201.5M185.7M143.4M159.6M133.2M
Capital Lease Obligations104.9M127.0M113.7M103.1M126.3M110.8M
Inventory1.2M2.3M3.3M5.3M8.9M9.4M
Other Current Assets2.8M4.7M4.4M6.6M6.4M3.8M
Other Stockholder Equity4.4M5.0M5.8M6.3M5.7M5.4M
Total Liab158.5M292.1M271.5M212.9M265.8M204.1M
Property Plant And Equipment Gross118.9M340.3M382.7M418.5M477.8M260.2M
Total Current Assets92.5M122.2M172.1M175.1M168.9M152.8M
Short Term Debt21.2M37.4M26.5M27.7M31.9M25.7M
Intangible Assets8.6M158.5M164.8M144.4M134.5M77.2M
Common Stock549.7M719.9M727.8M718.8M826.6M512.0M
Property Plant Equipment103.3M118.9M178.1M175.9M202.3M135.7M
Net Invested Capital119.0M412.4M490.5M494.4M486.0M331.9M
Net Working Capital44.4M31.6M86.3M105.6M62.7M58.5M
Retained Earnings29.1M111.2M176.6M(269.7M)205.4M215.7M
Long Term Debt24.7M49.3M49.6M24.8M24.9M36.3M

Pair Trading with Andlauer Healthcare

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

Moving against Andlauer Stock

  0.39SLF-PG Sun Life Non Earnings Call This WeekPairCorr
  0.32CEF Sprott Physical GoldPairCorr
The ability to find closely correlated positions to Andlauer Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andlauer Healthcare 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 Andlauer Healthcare - 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 Andlauer Healthcare Gr to buy it.
The correlation of Andlauer Healthcare 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 Andlauer Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andlauer Healthcare 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 Andlauer Healthcare 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 Andlauer Stock

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