Colabor Intangible Assets vs Common Stock Total Equity Analysis

GCL Stock  CAD 0.76  0.02  2.56%   
Colabor financial indicator trend analysis is way more than just evaluating Colabor Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colabor Group is a good investment. Please check the relationship between Colabor Intangible Assets and its Common Stock Total Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor 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 producer price index.

Intangible Assets vs Common Stock Total Equity

Intangible Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colabor Group Intangible Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Colabor's Intangible Assets and Common Stock Total Equity is -0.15. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Colabor Group, assuming nothing else is changed. The correlation between historical values of Colabor's Intangible Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Colabor Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Intangible Assets i.e., Colabor's Intangible Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Colabor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colabor 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor 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 producer price index.
At this time, Colabor's Tax Provision is very stable compared to the past year. As of the 14th of August 2025, Enterprise Value Over EBITDA is likely to grow to 7.93, while Selling General Administrative is likely to drop about 52.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit103.5M42.1M121.8M88.9M
Total Revenue574.1M659.1M657.1M792.0M

Colabor fundamental ratios Correlations

0.80.220.830.81-0.16-0.410.760.420.830.880.86-0.450.870.770.040.250.94-0.220.84-0.160.730.91-0.410.5-0.22
0.8-0.10.480.470.3-0.310.660.030.510.760.55-0.170.960.60.110.010.870.220.61-0.110.290.76-0.130.660.13
0.22-0.10.270.4-0.410.070.290.130.10.150.310.23-0.040.14-0.110.140.06-0.410.24-0.040.280.17-0.110.11-0.08
0.830.480.270.61-0.46-0.270.610.380.920.590.88-0.480.560.80.150.230.81-0.540.870.050.730.74-0.520.31-0.33
0.810.470.40.61-0.09-0.280.490.50.520.860.62-0.260.540.42-0.270.390.62-0.120.52-0.030.680.83-0.390.42-0.15
-0.160.3-0.41-0.46-0.090.15-0.25-0.34-0.460.13-0.460.390.17-0.3-0.27-0.17-0.040.98-0.440.13-0.530.010.140.240.49
-0.41-0.310.07-0.27-0.280.15-0.4-0.73-0.25-0.53-0.220.73-0.35-0.030.03-0.35-0.350.16-0.14-0.12-0.68-0.260.280.280.76
0.760.660.290.610.49-0.25-0.40.150.610.620.71-0.290.750.630.210.080.75-0.280.71-0.130.50.66-0.170.41-0.18
0.420.030.130.380.5-0.34-0.730.150.370.510.34-0.820.140.09-0.260.590.26-0.370.2-0.030.880.2-0.41-0.49-0.89
0.830.510.10.920.52-0.46-0.250.610.370.520.92-0.580.650.910.280.140.84-0.510.94-0.280.70.7-0.50.27-0.34
0.880.760.150.590.860.13-0.530.620.510.520.56-0.360.770.4-0.210.370.770.080.50.050.660.83-0.420.44-0.22
0.860.550.310.880.62-0.46-0.220.710.340.920.56-0.490.690.910.10.130.85-0.510.97-0.310.70.74-0.320.31-0.27
-0.45-0.170.23-0.48-0.260.390.73-0.29-0.82-0.58-0.36-0.49-0.31-0.36-0.03-0.38-0.430.43-0.420.12-0.8-0.230.290.470.86
0.870.96-0.040.560.540.17-0.350.750.140.650.770.69-0.310.730.170.050.930.110.73-0.310.410.8-0.190.57-0.01
0.770.60.140.80.42-0.3-0.030.630.090.910.40.91-0.360.730.37-0.030.86-0.360.97-0.410.460.7-0.250.42-0.07
0.040.11-0.110.15-0.27-0.270.030.21-0.260.28-0.210.1-0.030.170.37-0.170.17-0.290.32-0.3-0.090.030.070.170.05
0.250.010.140.230.39-0.17-0.350.080.590.140.370.13-0.380.05-0.03-0.170.13-0.180.050.160.530.150.13-0.21-0.49
0.940.870.060.810.62-0.04-0.350.750.260.840.770.85-0.430.930.860.170.13-0.120.87-0.180.580.88-0.350.52-0.14
-0.220.22-0.41-0.54-0.120.980.16-0.28-0.37-0.510.08-0.510.430.11-0.36-0.29-0.18-0.12-0.50.07-0.58-0.020.160.240.52
0.840.610.240.870.52-0.44-0.140.710.20.940.50.97-0.420.730.970.320.050.87-0.5-0.360.60.73-0.290.42-0.16
-0.16-0.11-0.040.05-0.030.13-0.12-0.13-0.03-0.280.05-0.310.12-0.31-0.41-0.30.16-0.180.07-0.36-0.06-0.03-0.01-0.010.01
0.730.290.280.730.68-0.53-0.680.50.880.70.660.7-0.80.410.46-0.090.530.58-0.580.6-0.060.52-0.45-0.15-0.78
0.910.760.170.740.830.01-0.260.660.20.70.830.74-0.230.80.70.030.150.88-0.020.73-0.030.52-0.360.680.03
-0.41-0.13-0.11-0.52-0.390.140.28-0.17-0.41-0.5-0.42-0.320.29-0.19-0.250.070.13-0.350.16-0.29-0.01-0.45-0.36-0.050.34
0.50.660.110.310.420.240.280.41-0.490.270.440.310.470.570.420.17-0.210.520.240.42-0.01-0.150.68-0.050.69
-0.220.13-0.08-0.33-0.150.490.76-0.18-0.89-0.34-0.22-0.270.86-0.01-0.070.05-0.49-0.140.52-0.160.01-0.780.030.340.69
Click cells to compare fundamentals

Colabor Account Relationship Matchups

Colabor fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets234M229.4M240.7M327.8M330.4M260.8M
Short Long Term Debt Total103.3M85.3M90.1M172.5M198.3M125.8M
Other Current Liab12.7M12.0M12.9M15.1M605K574.8K
Total Current Liabilities97.9M54.7M59.8M58.4M64.2M80.2M
Total Stockholder Equity88.6M97.6M102.9M108.5M109.8M88.8M
Property Plant And Equipment Net44.6M39.0M46.3M130.5M128.8M135.2M
Net Debt94.1M83.3M132.6M172.5M47.7M45.3M
Retained Earnings(173.5M)(165.6M)(161.2M)(155.6M)(154.1M)(146.4M)
Accounts Payable26.5M31.9M30.6M31.1M40.0M56.3M
Non Current Assets Total153.2M141.1M147.9M226.4M223.4M147.2M
Net Receivables34.4M45.7M45.8M48.5M38.7M58.2M
Common Stock Shares Outstanding101.6M102.6M102.4M102.5M102.0M58.5M
Liabilities And Stockholders Equity234M229.4M240.7M327.8M295.0M260.6M
Non Current Liabilities Total47.6M77.1M78.0M160.9M156.4M119.6M
Inventory35.3M38.7M45.1M50.7M50.4M69.3M
Other Current Assets1.9M1.9M1.9M2.1M2.3M2.2M
Other Stockholder Equity4.0M6.0M6.5M6.8M6.1M5.8M
Total Liab145.4M131.8M137.8M219.4M220.6M229.9M
Property Plant And Equipment Gross44.6M84.5M102.7M180.2M188.6M198.0M
Total Current Assets80.8M88.4M92.8M101.4M107.1M113.6M
Short Term Debt58.6M10.8M16.3M12.2M14.0M17.6M
Intangible Assets26.6M22.9M22.1M18.5M17.0M16.2M
Non Currrent Assets Other4.9M3.6M3.4M2.3M1.3M1.4M
Common Stock256.3M256.3M257.0M257.1M295.6M246.9M
Cash And Short Term Investments0.09.2M2.0M(42.5M)(38.2M)(36.3M)
Other Liab1.6M2.9M2.7M4.2M3.8M3.9M
Net Tangible Assets(2.2M)(8.8M)3.9M7.7M8.9M9.3M
Long Term Debt11.9M47.0M43.4M55.5M48.1M75.1M
Short Long Term Debt6.7M8.4M49.8M3M4.3M2.9M
Property Plant Equipment10.5M44.6M39.0M46.3M53.2M55.9M
Cash0.09.2M2.0M(42.5M)3.5M3.6M
Other Assets11.2M8.4M6.5M1.01.151.09
Long Term Debt Total111.7M67.5M44.7M74.5M67.0M68.2M
Capital Surpluse3.9M3.7M4.0M6.0M6.9M4.1M
Net Invested Capital150.2M147.6M150.5M170.0M161.0M136.3M

Pair Trading with Colabor

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

Moving against Colabor Stock

  0.43KTR Kintavar ExplorationPairCorr
  0.43ROOT Roots CorpPairCorr
The ability to find closely correlated positions to Colabor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colabor 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 Colabor - 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 Colabor Group to buy it.
The correlation of Colabor 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 Colabor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colabor 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 Colabor 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 Colabor Stock

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