Canadian Property Plant Equipment vs Net Debt Analysis

NET-UN Stock

5.53 0.02 0.36%

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 Property Plant Equipment and its Net Debt 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.

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Net Real Property Plant Equipment account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Canadian Net's Property Plant Equipment and Net Debt is 0.98. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Debt 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 Property Plant Equipment 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 Property Plant Equipment of Canadian Net Real 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 Property Plant Equipment i.e., Canadian Net's Property Plant Equipment and Net Debt go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant Equipment

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 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

Gross Profit Total Revenue

Canadian Net fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Common Stock	Property Plant Equipment
Total Assets		0.59	0.92	0.99	0.89	0.98	1.0	0.88	0.32	0.34	1.0	0.98	1.0	1.0	0.11	1.0	0.78	1.0	1.0	0.99	0.91	0.77	0.17	-0.88	0.99	0.98
Other Current Liab	0.59		0.56	0.55	0.81	0.5	0.6	0.31	0.33	0.41	0.59	0.63	0.61	0.62	-0.08	0.61	0.86	0.61	0.58	0.65	0.54	0.44	0.1	-0.59	0.57	0.57
Total Current Liabilities	0.92	0.56		0.88	0.81	0.88	0.94	0.76	0.05	0.14	0.92	0.86	0.89	0.89	0.23	0.89	0.79	0.94	0.92	0.87	1.0	0.77	0.27	-0.96	0.9	0.9
Total Stockholder Equity	0.99	0.55	0.88		0.87	0.98	0.98	0.93	0.35	0.35	0.99	0.97	0.99	0.99	0.08	0.99	0.75	0.98	0.99	0.99	0.88	0.72	0.09	-0.85	0.99	0.98
Other Liab	0.89	0.81	0.81	0.87		0.85	0.89	0.68	0.33	0.56	0.89	0.93	0.9	0.91	0.16	0.9	0.94	0.9	0.89	0.92	0.8	0.73	0.14	-0.77	0.89	0.89
Net Tangible Assets	0.98	0.5	0.88	0.98	0.85		0.97	0.91	0.33	0.31	0.98	0.98	0.97	0.97	0.12	0.97	0.73	0.97	0.98	0.97	0.88	0.72	0.15	-0.82	0.99	1.0
Net Debt	1.0	0.6	0.94	0.98	0.89	0.97		0.85	0.3	0.32	1.0	0.97	0.99	0.99	0.14	0.99	0.79	1.0	1.0	0.97	0.94	0.8	0.23	-0.9	0.98	0.98
Retained Earnings	0.88	0.31	0.76	0.93	0.68	0.91	0.85		0.26	0.17	0.89	0.85	0.86	0.87	0.04	0.85	0.56	0.85	0.88	0.89	0.76	0.51	-0.13	-0.75	0.89	0.89
Accounts Payable	0.32	0.33	0.05	0.35	0.33	0.33	0.3	0.26		0.12	0.32	0.35	0.37	0.36	0.18	0.38	0.31	0.31	0.32	0.35	0.05	0.24	0.41	0.0	0.31	0.33
Cash	0.34	0.41	0.14	0.35	0.56	0.31	0.32	0.17	0.12		0.34	0.47	0.39	0.41	-0.13	0.4	0.34	0.34	0.34	0.44	0.12	0.43	-0.25	-0.1	0.37	0.34
Non Current Assets Total	1.0	0.59	0.92	0.99	0.89	0.98	1.0	0.89	0.32	0.34		0.98	1.0	1.0	0.1	1.0	0.78	1.0	1.0	0.99	0.91	0.76	0.16	-0.88	0.99	0.99
Other Assets	0.98	0.63	0.86	0.97	0.93	0.98	0.97	0.85	0.35	0.47	0.98		0.98	0.98	0.08	0.98	0.8	0.97	0.98	0.99	0.86	0.76	0.14	-0.8	0.99	0.99
Long Term Debt	1.0	0.61	0.89	0.99	0.9	0.97	0.99	0.86	0.37	0.39	1.0	0.98		1.0	0.1	1.0	0.77	0.99	1.0	0.99	0.89	0.79	0.2	-0.86	0.99	0.98
Common Stock Shares Outstanding	1.0	0.62	0.89	0.99	0.91	0.97	0.99	0.87	0.36	0.41	1.0	0.98	1.0		0.08	1.0	0.79	0.99	1.0	0.99	0.88	0.76	0.15	-0.86	0.99	0.98
Short Term Investments	0.11	-0.08	0.23	0.08	0.16	0.12	0.14	0.04	0.18	-0.13	0.1	0.08	0.1	0.08		0.1	0.29	0.13	0.11	0.03	0.24	0.5	0.52	-0.07	0.08	0.1
Non Current Liabilities Total	1.0	0.61	0.89	0.99	0.9	0.97	0.99	0.85	0.38	0.4	1.0	0.98	1.0	1.0	0.1		0.78	0.99	1.0	0.99	0.89	0.79	0.2	-0.85	0.99	0.98
Other Current Assets	0.78	0.86	0.79	0.75	0.94	0.73	0.79	0.56	0.31	0.34	0.78	0.8	0.77	0.79	0.29	0.78		0.8	0.78	0.79	0.78	0.64	0.22	-0.76	0.77	0.78
Total Liab	1.0	0.61	0.94	0.98	0.9	0.97	1.0	0.85	0.31	0.34	1.0	0.97	0.99	0.99	0.13	0.99	0.8		1.0	0.98	0.93	0.8	0.22	-0.9	0.98	0.98
Net Invested Capital	1.0	0.58	0.92	0.99	0.89	0.98	1.0	0.88	0.32	0.34	1.0	0.98	1.0	1.0	0.11	1.0	0.78	1.0		0.99	0.91	0.77	0.17	-0.88	0.99	0.98
Long Term Investments	0.99	0.65	0.87	0.99	0.92	0.97	0.97	0.89	0.35	0.44	0.99	0.99	0.99	0.99	0.03	0.99	0.79	0.98	0.99		0.86	0.72	0.06	-0.84	0.99	0.98
Short Long Term Debt	0.91	0.54	1.0	0.88	0.8	0.88	0.94	0.76	0.05	0.12	0.91	0.86	0.89	0.88	0.24	0.89	0.78	0.93	0.91	0.86		0.78	0.28	-0.96	0.89	0.89
Total Current Assets	0.77	0.44	0.77	0.72	0.73	0.72	0.8	0.51	0.24	0.43	0.76	0.76	0.79	0.76	0.5	0.79	0.64	0.8	0.77	0.72	0.78		0.45	-0.63	0.73	0.73
Non Current Liabilities Other	0.17	0.1	0.27	0.09	0.14	0.15	0.23	-0.13	0.41	-0.25	0.16	0.14	0.2	0.15	0.52	0.2	0.22	0.22	0.17	0.06	0.28	0.45		-0.15	0.14	0.16
Net Working Capital	-0.88	-0.59	-0.96	-0.85	-0.77	-0.82	-0.9	-0.75	0.0	-0.1	-0.88	-0.8	-0.86	-0.86	-0.07	-0.85	-0.76	-0.9	-0.88	-0.84	-0.96	-0.63	-0.15		-0.85	-0.84
Common Stock	0.99	0.57	0.9	0.99	0.89	0.99	0.98	0.89	0.31	0.37	0.99	0.99	0.99	0.99	0.08	0.99	0.77	0.98	0.99	0.99	0.89	0.73	0.14	-0.85		1.0
Property Plant Equipment	0.98	0.57	0.9	0.98	0.89	1.0	0.98	0.89	0.33	0.34	0.99	0.99	0.98	0.98	0.1	0.98	0.78	0.98	0.98	0.98	0.89	0.73	0.16	-0.84	1.0

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Canadian Net Account Relationship Matchups

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.

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Canadian Property Plant Equipment vs Net Debt Analysis

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Net Debt

Canadian Net fundamental ratios Correlations

Canadian Net Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Net fundamental ratios Accounts

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Other Information on Investing in Canadian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Net Working Capital	- 0.96	Short Long Term Debt
Net Working Capital	- 0.96	Total Current Liabilities
Net Working Capital	- 0.9	Total Liab
Net Working Capital	- 0.9	Net Debt
Net Working Capital	- 0.88	Net Invested Capital
Net Working Capital	- 0.88	Non Current Assets Total