Canadian Non Current Liabilities Other vs Common Stock Analysis
NET-UN Stock | 5.51 0.07 1.25% |
Canadian Net financial indicator trend analysis is way more than just evaluating Canadian Net Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Net Real is a good investment. Please check the relationship between Canadian Net Non Current Liabilities Other and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canadian Net Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Non Current Liabilities Other vs Common Stock
Non Current Liabilities Other vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Net Real Non Current Liabilities Other account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Canadian Net's Non Current Liabilities Other and Common Stock is 0.14. Overlapping area represents the amount of variation of Non Current Liabilities Other that can explain the historical movement of Common Stock in the same time period over historical financial statements of Canadian Net Real, assuming nothing else is changed. The correlation between historical values of Canadian Net's Non Current Liabilities Other and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Other of Canadian Net Real are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Other i.e., Canadian Net's Non Current Liabilities Other and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Current Liabilities Other
Common Stock
Most indicators from Canadian Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Net Real 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canadian Net Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Canadian Net's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 19.70, whereas Tax Provision is projected to grow to (92.5 K).
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 18.4M | 19.4M | 18.9M | 13.3M | Total Revenue | 24.7M | 26.6M | 26.1M | 17.8M |
Canadian Net fundamental ratios Correlations
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Canadian Net Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Net fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 209.7M | 278.2M | 303.1M | 308.4M | 301.3M | 233.7M | |
Other Current Liab | 2.3M | 1.8M | 1.6M | 1.2M | 1.4M | 1.7M | |
Total Current Liabilities | 11.4M | 17.2M | 38.9M | 43.8M | 39.6M | 25.3M | |
Total Stockholder Equity | 90.2M | 129.8M | 118.7M | 129.5M | 129.4M | 100.1M | |
Other Liab | 451.1K | 1.1M | 1.3M | 1.1M | 1.3M | 953.4K | |
Net Tangible Assets | 41.3M | 51.3M | 90.2M | 129.8M | 149.3M | 76.9M | |
Net Debt | 111.3M | 144.1M | 179.9M | 173.7M | 166.6M | 128.7M | |
Retained Earnings | 9.1M | 28.7M | 15.2M | 26.3M | 26.3M | 16.0M | |
Accounts Payable | 566.3K | 933.6K | 702.6K | 302.0K | 278.3K | 413.5K | |
Cash | 4.5M | 606.7K | 205.4K | 987.7K | 879.3K | 1.1M | |
Non Current Assets Total | 204.0M | 276.2M | 294.7M | 300.2M | 299.5M | 229.5M | |
Other Assets | 1.2M | 1.8M | 4.1M | 4.4M | 5.1M | 2.6M | |
Long Term Debt | 106.8M | 130.0M | 144.4M | 134.7M | 132.2M | 107.5M | |
Common Stock Shares Outstanding | 17.4M | 20.3M | 20.6M | 20.5M | 20.6M | 17.8M | |
Short Term Investments | 1.1M | 1.2M | 2.0M | 1.8M | 690.2K | 655.6K | |
Non Current Liabilities Total | 108.1M | 131.1M | 145.4M | 135.1M | 132.2M | 108.3M | |
Other Current Assets | 222.6K | 2.3M | 1.2M | 1.3M | 1.5M | 1.1M | |
Total Liab | 119.5M | 148.4M | 184.4M | 178.9M | 171.9M | 133.6M | |
Net Invested Capital | 206.0M | 274.5M | 298.8M | 304.2M | 297.0M | 229.8M | |
Long Term Investments | 18.0M | 23.3M | 19.3M | 22.3M | 24.0M | 16.9M | |
Short Long Term Debt | 9.0M | 14.7M | 35.7M | 40.0M | 35.3M | 22.3M | |
Total Current Assets | 5.7M | 1.9M | 8.3M | 8.2M | 1.8M | 1.8M | |
Non Current Liabilities Other | 67.9K | 76.2K | 539.7K | 47.1K | 38.0K | 36.1K | |
Net Working Capital | (5.7M) | (15.3M) | (30.6M) | (35.6M) | (37.8M) | (35.9M) | |
Common Stock | 48.0M | 81.0M | 101.1M | 103.4M | 118.9M | 74.0M | |
Property Plant Equipment | 92.6M | 118.5M | 186.0M | 252.9M | 290.9M | 157.6M |
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Balance Sheet is a snapshot of the financial position of Canadian Net Real at a specified time, usually calculated after every quarter, six months, or one year. Canadian Net Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian Net 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 Canadian currently owns. An asset can also be divided into two categories, current and non-current.