Stantec Net Income vs Net Income From Continuing Ops Analysis
STN Stock | USD 80.64 3.95 4.67% |
Stantec financial indicator trend analysis is much more than just breaking down Stantec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stantec is a good investment. Please check the relationship between Stantec Net Income and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.
Net Income vs Net Income From Continuing Ops
Net Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stantec Net Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Stantec's Net Income and Net Income From Continuing Ops is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Stantec, assuming nothing else is changed. The correlation between historical values of Stantec's Net Income and Net Income From Continuing Ops 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 Stantec are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Net Income i.e., Stantec's Net Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Stantec financial statement analysis. It represents the amount of money remaining after all of Stantec operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Net Income From Continuing Ops
Most indicators from Stantec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stantec 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 Stantec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.At this time, Stantec's Selling General Administrative is very stable compared to the past year. As of the 11th of November 2024, Discontinued Operations is likely to grow to about 11.3 M, while Tax Provision is likely to drop about 83.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 2.4B | 2.5B | 2.6B | Total Revenue | 4.6B | 5.7B | 6.5B | 6.8B |
Stantec fundamental ratios Correlations
Click cells to compare fundamentals
Stantec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stantec fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 4.4B | 5.2B | 5.7B | 6.1B | 6.4B | |
Short Long Term Debt Total | 1.6B | 1.3B | 1.9B | 1.9B | 1.7B | 1.8B | |
Other Current Liab | 415.3M | 417.4M | 519.4M | 565.1M | 594.7M | 624.4M | |
Total Current Liabilities | 1.0B | 987.2M | 1.2B | 1.4B | 1.6B | 1.7B | |
Total Stockholder Equity | 1.9B | 1.9B | 2.0B | 2.3B | 2.8B | 2.9B | |
Property Plant And Equipment Net | 845M | 687.1M | 710.2M | 721.1M | 710.4M | 745.9M | |
Net Debt | 1.4B | 1.0B | 1.7B | 1.8B | 1.4B | 1.4B | |
Retained Earnings | 917.7M | 958.6M | 1.0B | 1.2B | 1.4B | 1.5B | |
Accounts Payable | 225.5M | 217.6M | 213.1M | 300.6M | 351.9M | 192.4M | |
Cash | 208.1M | 285M | 193.9M | 148.3M | 352.9M | 370.5M | |
Non Current Assets Total | 3.0B | 2.8B | 3.6B | 3.7B | 3.8B | 4.0B | |
Non Currrent Assets Other | 224.3M | 60M | 29.9M | 73.6M | 89M | 93.5M | |
Cash And Short Term Investments | 223.5M | 285M | 193.9M | 148.3M | 352.9M | 370.5M | |
Net Receivables | 1.3B | 1.2B | 1.4B | 1.7B | 1.8B | 1.9B | |
Common Stock Shares Outstanding | 111.6M | 111.9M | 111.6M | 111.1M | 111.2M | 100.8M | |
Liabilities And Stockholders Equity | 4.6B | 4.4B | 5.2B | 5.7B | 6.1B | 6.4B | |
Non Current Liabilities Total | 1.7B | 1.5B | 2.0B | 2.0B | 1.7B | 1.8B | |
Inventory | 42.9M | 43.9M | 45.8M | 48.6M | 1.0 | 0.95 | |
Other Current Assets | 18.1M | 42.1M | 23.5M | 10.2M | 70.9M | 74.4M | |
Other Stockholder Equity | 23.9M | 12.9M | 10.6M | 6.7M | 5.5M | 5.2M | |
Total Liab | 2.7B | 2.5B | 3.2B | 3.4B | 3.3B | 3.5B | |
Property Plant And Equipment Gross | 845M | 687.1M | 976M | 983.4M | 963.1M | 1.0B | |
Total Current Assets | 1.6B | 1.6B | 1.7B | 1.9B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | 54.1M | 24.8M | (24.7M) | 140.6M | 89.7M | 94.2M | |
Short Term Debt | 166.3M | 154.9M | 182.1M | 216.6M | 271.6M | 285.2M | |
Intangible Assets | 219.6M | 182M | 373.3M | 320.4M | 265.7M | 150.3M | |
Other Liab | 275.1M | 312M | 303.4M | 250.5M | 288.1M | 302.5M | |
Net Tangible Assets | 4.1M | 72.7M | (555.9M) | (380.8M) | (342.7M) | (325.6M) | |
Other Assets | 77.1M | 102.4M | 78.2M | 327.2M | 376.3M | 395.1M | |
Long Term Debt | 814M | 634.2M | 1.2B | 1.2B | 982.3M | 529.8M | |
Good Will | 1.7B | 1.7B | 2.2B | 2.3B | 2.4B | 2.5B | |
Common Stock Total Equity | 878.2M | 867.8M | 879.8M | 932.2M | 1.1B | 1.1B | |
Short Term Investments | 15.4M | 34.7M | 21.4M | 9.1M | 15.8M | 14.3M | |
Long Term Investments | 8.8M | 178.5M | 216M | 208.4M | 262.5M | 275.6M | |
Short Long Term Debt | 66.4M | 51.3M | 58.2M | 117.6M | 170.3M | 178.8M | |
Common Stock | 879.8M | 932.2M | 972.4M | 983.8M | 1.3B | 1.3B | |
Property Plant Equipment | 845M | 687.1M | 710.2M | 721.1M | 829.3M | 870.7M | |
Current Deferred Revenue | 199.2M | 197.3M | 264.8M | 327.7M | 397.5M | 417.4M | |
Long Term Debt Total | 1.4B | 1.2B | 1.7B | 1.7B | 2.0B | 1.2B |
Pair Trading with Stantec
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 Stantec 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 Stantec will appreciate offsetting losses from the drop in the long position's value.Moving against Stantec Stock
The ability to find closely correlated positions to Stantec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stantec 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 Stantec - 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 Stantec to buy it.
The correlation of Stantec 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 Stantec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stantec 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 Stantec 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stantec. If investors know Stantec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stantec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 0.825 | Earnings Share 2.2 | Revenue Per Share 49.58 | Quarterly Revenue Growth 0.158 |
The market value of Stantec is measured differently than its book value, which is the value of Stantec that is recorded on the company's balance sheet. Investors also form their own opinion of Stantec's value that differs from its market value or its book value, called intrinsic value, which is Stantec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stantec's market value can be influenced by many factors that don't directly affect Stantec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Stantec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stantec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stantec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.