Secure Net Receivables vs Intangible Assets Analysis

SES Stock

CAD 16.46 0.30 1.79%

Secure Energy financial indicator trend analysis is much more than just breaking down Secure Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secure Energy Services is a good investment. Please check the relationship between Secure Energy Net Receivables and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Net Receivables vs Intangible Assets

Net Receivables vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secure Energy Services Net Receivables account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Secure Energy's Net Receivables and Intangible Assets is 0.47. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Secure Energy Services, assuming nothing else is changed. The correlation between historical values of Secure Energy's Net Receivables and Intangible Assets 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 Receivables of Secure Energy Services are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Receivables i.e., Secure Energy's Net Receivables and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Intangible Assets

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

Most indicators from Secure Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secure Energy Services 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

At this time, Secure Energy's Selling General Administrative is very stable compared to the past year. As of the 7th of January 2026, Tax Provision is likely to grow to about 158.2 M, while Enterprise Value Over EBITDA is likely to drop 5.01.

	2023	2024	2025	2026 (projected)
Interest Expense	84M	47M	54.1M	56.8M
Depreciation And Amortization	215M	181M	208.2M	113.6M

Interest Expense Depreciation And Amortization

Secure Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue
Total Assets		0.9	0.5	0.67	0.95	0.92	0.89	-0.54	0.69	0.26	0.97	0.25	0.26	0.74	0.75	0.97	0.91	0.76	0.4	-0.44	0.98	0.89	0.77	0.85	0.64	0.61
Short Long Term Debt Total	0.9		0.29	0.44	0.76	0.81	1.0	-0.73	0.46	0.07	0.9	0.17	0.07	0.51	0.75	0.82	1.0	0.55	0.47	-0.32	0.94	0.79	0.64	0.76	0.65	0.47
Other Current Liab	0.5	0.29		0.95	0.45	0.35	0.27	0.25	0.93	0.93	0.38	0.29	0.93	0.87	0.59	0.56	0.28	0.9	0.23	-0.27	0.51	0.78	0.79	0.8	0.18	0.28
Total Current Liabilities	0.67	0.44	0.95		0.64	0.55	0.43	0.08	1.0	0.85	0.58	0.28	0.85	0.97	0.7	0.71	0.44	0.96	0.2	-0.33	0.65	0.89	0.84	0.89	0.36	0.41
Total Stockholder Equity	0.95	0.76	0.45	0.64		0.92	0.76	-0.46	0.67	0.2	0.92	0.3	0.2	0.74	0.62	0.94	0.79	0.76	0.33	-0.51	0.88	0.83	0.73	0.75	0.59	0.69
Property Plant And Equipment Net	0.92	0.81	0.35	0.55	0.92		0.8	-0.63	0.58	0.13	0.96	0.18	0.13	0.65	0.55	0.86	0.84	0.65	0.17	-0.56	0.88	0.79	0.57	0.74	0.52	0.81
Net Debt	0.89	1.0	0.27	0.43	0.76	0.8		-0.74	0.45	0.06	0.89	0.17	0.06	0.5	0.75	0.81	1.0	0.54	0.47	-0.32	0.93	0.78	0.63	0.75	0.65	0.47
Retained Earnings	-0.54	-0.73	0.25	0.08	-0.46	-0.63	-0.74		0.05	0.39	-0.6	0.01	0.39	-0.02	-0.22	-0.49	-0.73	-0.02	-0.28	0.24	-0.56	-0.34	-0.16	-0.26	-0.22	-0.57
Accounts Payable	0.69	0.46	0.93	1.0	0.67	0.58	0.45	0.05		0.83	0.61	0.28	0.83	0.98	0.71	0.73	0.47	0.96	0.19	-0.34	0.67	0.89	0.84	0.89	0.39	0.43
Cash	0.26	0.07	0.93	0.85	0.2	0.13	0.06	0.39	0.83		0.18	0.21	1.0	0.75	0.5	0.34	0.06	0.71	0.0	-0.16	0.29	0.59	0.57	0.64	0.08	0.09
Non Current Assets Total	0.97	0.9	0.38	0.58	0.92	0.96	0.89	-0.6	0.61	0.18		0.23	0.18	0.68	0.75	0.9	0.92	0.67	0.19	-0.46	0.95	0.84	0.61	0.8	0.72	0.65
Non Currrent Assets Other	0.25	0.17	0.29	0.28	0.3	0.18	0.17	0.01	0.28	0.21	0.23		0.21	0.27	0.28	0.25	0.17	0.29	0.12	-0.49	0.22	0.31	0.27	0.16	0.19	0.17
Cash And Short Term Investments	0.26	0.07	0.93	0.85	0.2	0.13	0.06	0.39	0.83	1.0	0.18	0.21		0.75	0.5	0.34	0.06	0.71	0.0	-0.16	0.29	0.59	0.57	0.64	0.08	0.09
Net Receivables	0.74	0.51	0.87	0.97	0.74	0.65	0.5	-0.02	0.98	0.75	0.68	0.27	0.75		0.73	0.77	0.53	0.96	0.14	-0.37	0.71	0.9	0.82	0.88	0.47	0.49
Good Will	0.75	0.75	0.59	0.7	0.62	0.55	0.75	-0.22	0.71	0.5	0.75	0.28	0.5	0.73		0.72	0.74	0.69	0.18	-0.14	0.79	0.82	0.64	0.83	0.83	0.13
Common Stock Shares Outstanding	0.97	0.82	0.56	0.71	0.94	0.86	0.81	-0.49	0.73	0.34	0.9	0.25	0.34	0.77	0.72		0.82	0.78	0.44	-0.39	0.94	0.89	0.81	0.84	0.54	0.59
Non Current Liabilities Total	0.91	1.0	0.28	0.44	0.79	0.84	1.0	-0.73	0.47	0.06	0.92	0.17	0.06	0.53	0.74	0.82		0.56	0.43	-0.35	0.94	0.79	0.63	0.75	0.67	0.51
Inventory	0.76	0.55	0.9	0.96	0.76	0.65	0.54	-0.02	0.96	0.71	0.67	0.29	0.71	0.96	0.69	0.78	0.56		0.35	-0.38	0.74	0.92	0.92	0.9	0.41	0.51
Other Current Assets	0.4	0.47	0.23	0.2	0.33	0.17	0.47	-0.28	0.19	0.0	0.19	0.12	0.0	0.14	0.18	0.44	0.43	0.35		-0.08	0.42	0.37	0.68	0.31	-0.04	0.08
Other Stockholder Equity	-0.44	-0.32	-0.27	-0.33	-0.51	-0.56	-0.32	0.24	-0.34	-0.16	-0.46	-0.49	-0.16	-0.37	-0.14	-0.39	-0.35	-0.38	-0.08		-0.38	-0.43	-0.32	-0.38	-0.07	-0.63
Total Liab	0.98	0.94	0.51	0.65	0.88	0.88	0.93	-0.56	0.67	0.29	0.95	0.22	0.29	0.71	0.79	0.94	0.94	0.74	0.42	-0.38		0.89	0.76	0.86	0.65	0.53
Property Plant And Equipment Gross	0.89	0.79	0.78	0.89	0.83	0.79	0.78	-0.34	0.89	0.59	0.84	0.31	0.59	0.9	0.82	0.89	0.79	0.92	0.37	-0.43	0.89		0.88	0.97	0.53	0.58
Total Current Assets	0.77	0.64	0.79	0.84	0.73	0.57	0.63	-0.16	0.84	0.57	0.61	0.27	0.57	0.82	0.64	0.81	0.63	0.92	0.68	-0.32	0.76	0.88		0.84	0.31	0.41
Short Term Debt	0.85	0.76	0.8	0.89	0.75	0.74	0.75	-0.26	0.89	0.64	0.8	0.16	0.64	0.88	0.83	0.84	0.75	0.9	0.31	-0.38	0.86	0.97	0.84		0.54	0.49
Intangible Assets	0.64	0.65	0.18	0.36	0.59	0.52	0.65	-0.22	0.39	0.08	0.72	0.19	0.08	0.47	0.83	0.54	0.67	0.41	-0.04	-0.07	0.65	0.53	0.31	0.54		0.06
Current Deferred Revenue	0.61	0.47	0.28	0.41	0.69	0.81	0.47	-0.57	0.43	0.09	0.65	0.17	0.09	0.49	0.13	0.59	0.51	0.51	0.08	-0.63	0.53	0.58	0.41	0.49	0.06

Click cells to compare fundamentals

Secure Energy Account Relationship Matchups

Secure Energy fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	2.9B	2.8B	2.8B	2.3B	2.6B	1.6B
Short Long Term Debt Total	1.3B	1.0B	1.1B	454M	522.1M	448.5M
Total Current Liabilities	333M	459M	472M	681M	783.2M	822.3M
Total Stockholder Equity	1.1B	1.3B	1.2B	1.0B	1.2B	783.8M
Property Plant And Equipment Net	1.7B	1.6B	1.3B	1.3B	1.5B	977.7M
Net Debt	1.3B	1.0B	1.1B	428M	492.2M	437.2M
Retained Earnings	(636M)	(490M)	(412M)	71M	63.9M	67.1M
Accounts Payable	279M	404M	374M	530M	609.5M	640.0M
Cash	7M	10M	12M	26M	29.9M	31.4M
Non Current Assets Total	2.5B	2.3B	1.7B	1.6B	1.8B	1.2B
Cash And Short Term Investments	7M	10M	12M	26M	29.9M	31.4M
Net Receivables	345M	449M	357M	504M	579.6M	608.6M
Good Will	349M	351M	199M	204M	234.6M	246.3M
Common Stock Shares Outstanding	234.2M	313.2M	299.1M	243.1M	279.5M	166.5M
Liabilities And Stockholders Equity	2.9B	2.8B	2.8B	2.3B	2.6B	1.6B
Non Current Liabilities Total	1.5B	1.1B	1.2B	558M	641.7M	544.2M
Other Current Assets	9M	11M	15M	677M	17.3M	16.4M
Other Stockholder Equity	48M	50M	54M	34M	30.6M	29.1M
Total Liab	1.8B	1.6B	1.7B	1.2B	1.4B	772.0M
Property Plant And Equipment Gross	2.9B	2.9B	3.0B	2.6B	3.0B	3.1B
Total Current Assets	466M	576M	1.2B	688M	791.2M	830.8M
Accumulated Other Comprehensive Income	72M	80M	81M	108M	124.2M	130.4M
Short Term Debt	10M	27M	28M	26M	29.9M	31.4M
Intangible Assets	180M	163M	68M	87M	100.1M	73.8M
Common Stock	1.7B	1.7B	1.5B	863M	992.5M	1.1B
Other Liab	140.0M	129.5M	209M	112M	128.8M	140.9M
Net Tangible Assets	728.9M	654.6M	577M	752M	864.8M	759.2M
Long Term Debt	1.2B	919M	966M	339M	389.9M	551.9M
Property Plant Equipment	1.7B	1.6B	1.3B	1.3B	1.5B	1.3B
Other Assets	225M	166M	(1M)	41M	47.2M	46.9M
Long Term Debt Total	1.3B	1.0B	1.1B	428M	492.2M	650.0M
Capital Lease Obligations	109M	112M	136M	115M	132.3M	72.6M
Net Invested Capital	2.3B	2.2B	2.2B	1.4B	1.6B	1.8B

Pair Trading with Secure Energy

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

Moving against Secure Stock

0.73	BMO-PE	Bank of Montreal	Pair Corr
0.65	RY-PS	Royal Bank	Pair Corr
0.65	POW	Power	Pair Corr
0.6	GMG	Graphene Manufacturing	Pair Corr
0.58	NA	National Bank	Pair Corr

The ability to find closely correlated positions to Secure Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Secure Energy 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 Secure Energy - 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 Secure Energy Services to buy it.

The correlation of Secure Energy 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 Secure Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Secure Energy Services 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 Secure Energy 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 Correlation Correlation Matching

Other Information on Investing in Secure Stock

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

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Secure Net Receivables vs Intangible Assets Analysis

Net Receivables vs Intangible Assets

Net Receivables vs Intangible Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Intangible Assets

Secure Energy fundamental ratios Correlations

Secure Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Secure Energy fundamental ratios Accounts

Pair Trading with Secure Energy

Moving against Secure Stock

Other Information on Investing in Secure Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Assets

Retained Earnings	- 0.74	Net Debt
Non Current Liabilities Total	- 0.73	Retained Earnings
Retained Earnings	- 0.73	Short Long Term Debt Total
Current Deferred Revenue	- 0.63	Other Stockholder Equity
Retained Earnings	- 0.63	Property Plant And Equipment Net
Non Current Assets Total	- 0.6	Retained Earnings