Emera Current Deferred Revenue vs Net Debt Analysis
EMA Stock | | | CAD 66.91 0.80 1.21% |
Emera financial indicator trend analysis is much more than just examining Emera Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emera Inc is a good investment. Please check the relationship between Emera Current Deferred Revenue and its Net Debt accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera 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 producer price index.
Current Deferred Revenue vs Net Debt
Current Deferred Revenue vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Emera Inc Current Deferred Revenue account and
Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Emera's Current Deferred Revenue and Net Debt is 0.1. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of Emera Inc, assuming nothing else is changed. The correlation between historical values of Emera's Current Deferred 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 Current Deferred Revenue of Emera Inc 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 Current Deferred Revenue i.e., Emera's Current Deferred Revenue and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Emera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emera 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera 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 producer price index.
As of the 9th of August 2025,
Issuance Of Capital Stock is likely to grow to about 394
M, while
Selling General Administrative is likely to drop about 29.9
M.
Emera fundamental ratios Correlations
Click cells to compare fundamentals
Emera Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Emera fundamental ratios Accounts
Pair Trading with Emera
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 Emera 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 Emera will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Emera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera 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 Emera - 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 Emera Inc to buy it.
The correlation of Emera 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 Emera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera 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 Emera 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 MatchingOther Information on Investing in Emera Stock
Balance Sheet is a snapshot of the
financial position of Emera Inc at a specified time, usually calculated after every quarter, six months, or one year. Emera Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Emera 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 Emera currently owns. An asset can also be divided into two categories, current and non-current.