Power Net Income vs Change To Operating Activities Analysis

POW Stock  CAD 55.35  0.19  0.34%   
Power financial indicator trend analysis is much more than just breaking down Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power is a good investment. Please check the relationship between Power Net Income and its Change To Operating Activities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power. 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 Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Power Net Income account and Change To Operating Activities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Power's Net Income and Change To Operating Activities is -0.08. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Power, assuming nothing else is changed. The correlation between historical values of Power's Net Income and Change To Operating Activities 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 Income of Power are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., Power's Net Income and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Power financial statement analysis. It represents the amount of money remaining after all of Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Operating Activities

Most indicators from Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power. 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, Power's Selling General Administrative is very stable compared to the past year. As of the 28th of July 2025, Enterprise Value Over EBITDA is likely to grow to 7.34, while Tax Provision is likely to drop about 563.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit48.7B46.4B53.4B35.6B
Total Revenue48.7B46.4B35.2B35.7B

Power fundamental ratios Correlations

0.920.80.960.470.550.80.70.710.690.61.00.960.70.73-0.840.910.170.970.680.010.890.890.870.90.48
0.920.780.810.70.730.640.490.520.480.70.920.90.470.8-0.920.890.290.880.440.180.710.690.670.840.35
0.80.780.680.720.680.410.80.30.520.780.80.80.350.84-0.690.610.30.70.30.380.590.740.770.960.42
0.960.810.680.260.360.890.70.830.80.490.960.940.840.54-0.780.910.080.970.82-0.180.950.910.870.810.61
0.470.70.720.260.840.030.26-0.090.060.730.460.47-0.080.8-0.660.380.490.31-0.150.560.150.20.240.630.02
0.550.730.680.360.840.210.130.07-0.030.470.540.5-0.030.9-0.630.490.250.410.010.390.270.180.190.620.04
0.80.640.410.890.030.210.490.990.660.170.810.720.920.32-0.720.880.130.850.95-0.590.880.740.670.590.52
0.70.490.80.70.260.130.490.450.790.630.710.710.60.44-0.450.490.130.670.510.140.680.910.940.80.55
0.710.520.30.83-0.090.070.990.450.660.070.720.630.940.18-0.630.810.10.780.97-0.690.850.690.620.490.53
0.690.480.520.80.06-0.030.660.790.660.510.70.750.820.17-0.510.60.050.730.74-0.160.770.830.820.580.75
0.60.70.780.490.730.470.170.630.070.510.60.680.180.55-0.620.480.240.550.060.540.340.570.610.680.46
1.00.920.80.960.460.540.810.710.720.70.60.960.710.72-0.840.910.160.970.690.00.90.890.870.890.49
0.960.90.80.940.470.50.720.710.630.750.680.960.640.67-0.820.890.20.950.590.10.820.870.860.870.56
0.70.470.350.84-0.08-0.030.920.60.940.820.180.710.640.11-0.580.750.110.750.95-0.590.890.750.70.520.66
0.730.80.840.540.80.90.320.440.180.170.550.720.670.11-0.640.540.210.570.140.450.470.490.510.820.01
-0.84-0.92-0.69-0.78-0.66-0.63-0.72-0.45-0.63-0.51-0.62-0.84-0.82-0.58-0.64-0.92-0.51-0.81-0.540.07-0.67-0.62-0.6-0.78-0.4
0.910.890.610.910.380.490.880.490.810.60.480.910.890.750.54-0.920.30.940.72-0.240.830.740.70.760.53
0.170.290.30.080.490.250.130.130.10.050.240.160.20.110.21-0.510.30.11-0.02-0.030.030.070.120.35-0.07
0.970.880.70.970.310.410.850.670.780.730.550.970.950.750.57-0.810.940.110.73-0.090.90.90.860.820.57
0.680.440.30.82-0.150.010.950.510.970.740.060.690.590.950.14-0.540.72-0.020.73-0.670.860.710.650.460.56
0.010.180.38-0.180.560.39-0.590.14-0.69-0.160.540.00.1-0.590.450.07-0.24-0.03-0.09-0.67-0.27-0.030.050.22-0.2
0.890.710.590.950.150.270.880.680.850.770.340.90.820.890.47-0.670.830.030.90.86-0.270.870.830.750.57
0.890.690.740.910.20.180.740.910.690.830.570.890.870.750.49-0.620.740.070.90.71-0.030.870.990.830.54
0.870.670.770.870.240.190.670.940.620.820.610.870.860.70.51-0.60.70.120.860.650.050.830.990.850.52
0.90.840.960.810.630.620.590.80.490.580.680.890.870.520.82-0.780.760.350.820.460.220.750.830.850.41
0.480.350.420.610.020.040.520.550.530.750.460.490.560.660.01-0.40.53-0.070.570.56-0.20.570.540.520.41
Click cells to compare fundamentals

Power Account Relationship Matchups

Power fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets629.1B661.6B733.7B749.5B851.4B893.9B
Short Long Term Debt Total22.2B19.5B21.2B20.9B24.1B25.3B
Total Stockholder Equity22.2B24.3B24.0B22.1B23.9B12.0B
Property Plant And Equipment Net3.2B3.7B4.4B5.1B6.3B6.6B
Net Debt12.1B11.4B12.3B11.8B9.4B5.4B
Retained Earnings8.7B10.8B11.1B10.0B11.4B8.2B
Non Current Assets Total181.4B189.7B178.2B707.1B813.2B853.9B
Common Stock Shares Outstanding647.6M681.6M673.5M663.1M644.8M547.1M
Liabilities And Stockholders Equity629.1B661.6B733.7B749.5B851.4B893.9B
Non Current Liabilities Total20.3B21.0B4.4B703.1B808.6B849.0B
Other Current Assets25.6B34.3B33.5B42.3B38.1B40.0B
Other Stockholder Equity3.0B3.0B2.3B1.5B2.0B1.1B
Total Liab590.4B617.9B689.5B708.2B807.4B847.7B
Total Current Assets16.8B15.7B30.7B70.8B63.7B66.9B
Accumulated Other Comprehensive Income3.0B3.0B2.5B1.9B2.2B2.3B
Intangible Assets6.3B7.6B8.3B6.7B7.0B5.7B
Other Current Liab(5.8B)(4.6B)(4.1B)(7.6B)(6.8B)(6.5B)
Total Current Liabilities5.8B4.2B4.4B7.6B8.7B9.1B
Short Term Debt2.6B407M274M3.5B379M360.1M
Cash9.5B8.2B8.9B9.1B12.5B13.2B
Non Currrent Assets Other(181.4B)(1.1B)(1.2B)493.3B567.3B595.6B
Other Assets430.9B456.2B524.8B(28.5B)2.2B2.1B
Cash And Short Term Investments9.5B8.2B22.2B21.9B25.2B26.4B
Common Stock9.6B9.6B9.5B9.3B9.2B9.7B
Good Will14.0B13.0B14.6B14.6B14.7B11.3B
Accounts Payable3.2B3.8B3.7B4.0B6.0B3.5B
Net Receivables7.3B7.6B8.4B6.6B7.3B6.0B
Short Term Investments50.3B51.4B13.4B12.7B15.1B14.4B
Other Liab416.6B563.1B592.2B655.3B753.6B479.8B
Net Tangible Assets(3.0B)1.0B2.8B166M190.9M200.4M
Long Term Debt11.9B13.2B20.0B16.8B17.6B17.3B
Long Term Investments157.9B165.4B150.9B228.7B244.1B144.9B
Short Long Term Debt2.6B407M274M3.5B4.4B3.9B
Property Plant Equipment3.2B3.7B4.4B5.1B6.3B3.2B
Long Term Debt Total19.6B19.1B20.9B20.7B22.4B20.5B
Inventory(35.7B)(34.3B)(33.5B)(28.5B)(25.6B)(26.9B)

Pair Trading with Power

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

Moving together with Power Stock

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

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