Wajax Begin Period Cash Flow vs Change To Operating Activities Analysis

WJX Stock

CAD 23.59 0.11 0.46%

Wajax financial indicator trend analysis is more than just analyzing Wajax current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wajax is a good investment. Please check the relationship between Wajax Begin Period Cash Flow and its Change To Operating Activities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wajax. 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.

Begin Period Cash Flow vs Change To Operating Activities

Begin Period Cash Flow vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wajax Begin Period Cash Flow account and Change To Operating Activities. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Wajax's Begin Period Cash Flow and Change To Operating Activities is 0.19. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Wajax, assuming nothing else is changed. The correlation between historical values of Wajax's Begin Period Cash Flow 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 Begin Period Cash Flow of Wajax 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 Begin Period Cash Flow i.e., Wajax's Begin Period Cash Flow and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change To Operating Activities

Most indicators from Wajax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wajax 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wajax. 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.

As of the 31st of July 2025, Tax Provision is likely to grow to about 16.5 M, while Selling General Administrative is likely to drop about 231.8 M.

	2022	2023	2024	2025 (projected)
Gross Profit	390.3M	444.2M	413.8M	250.5M
Total Revenue	2.0B	2.2B	2.1B	1.5B

Gross Profit Total Revenue

Wajax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable
Total Assets		0.75	0.97	0.85	-0.24	0.79	0.78	-0.23	0.81	-0.12	0.94	0.79	0.75	-0.26	0.82	-0.24	-0.25	0.87	0.67	0.76	0.23	0.82	0.99	0.42	0.75	0.89
Short Long Term Debt Total	0.75		0.68	0.66	-0.11	0.59	0.99	-0.12	0.97	-0.41	0.64	0.92	0.88	0.04	0.92	-0.06	0.03	0.55	0.48	0.93	0.25	0.89	0.73	-0.01	0.55	0.67
Total Stockholder Equity	0.97	0.68		0.77	-0.34	0.86	0.69	-0.34	0.77	-0.18	0.96	0.75	0.75	-0.32	0.8	-0.22	-0.3	0.88	0.74	0.76	0.19	0.83	0.97	0.45	0.83	0.9
Net Debt	0.85	0.66	0.77		-0.08	0.67	0.73	-0.07	0.69	0.18	0.73	0.73	0.56	-0.41	0.71	-0.38	-0.38	0.87	0.51	0.57	0.47	0.65	0.81	0.59	0.62	0.69
Other Assets	-0.24	-0.11	-0.34	-0.08		-0.47	-0.11	1.0	-0.2	0.38	-0.35	-0.31	-0.21	0.09	-0.26	0.22	0.06	-0.36	-0.39	-0.27	-0.13	-0.23	-0.3	-0.2	-0.38	-0.11
Common Stock Shares Outstanding	0.79	0.59	0.86	0.67	-0.47		0.62	-0.45	0.68	-0.07	0.77	0.78	0.56	-0.29	0.73	-0.3	-0.25	0.83	0.9	0.66	0.44	0.75	0.8	0.47	0.97	0.66
Non Current Liabilities Total	0.78	0.99	0.69	0.73	-0.11	0.62		-0.12	0.95	-0.28	0.64	0.93	0.84	0.05	0.92	-0.11	0.04	0.61	0.5	0.9	0.32	0.87	0.75	0.07	0.58	0.65
Other Stockholder Equity	-0.23	-0.12	-0.34	-0.07	1.0	-0.45	-0.12		-0.21	0.4	-0.35	-0.32	-0.23	0.07	-0.27	0.22	0.06	-0.35	-0.37	-0.27	-0.12	-0.24	-0.3	-0.19	-0.37	-0.11
Total Liab	0.81	0.97	0.77	0.69	-0.2	0.68	0.95	-0.21		-0.42	0.77	0.92	0.95	-0.14	0.97	-0.12	-0.15	0.69	0.51	0.97	0.2	0.96	0.8	0.18	0.62	0.79
Other Current Liab	-0.12	-0.41	-0.18	0.18	0.38	-0.07	-0.28	0.4	-0.42		-0.25	-0.32	-0.51	0.0	-0.35	-0.17	0.04	0.08	-0.12	-0.51	0.19	-0.39	-0.18	0.38	-0.08	-0.29
Total Current Liabilities	0.94	0.64	0.96	0.73	-0.35	0.77	0.64	-0.35	0.77	-0.25		0.7	0.78	-0.44	0.79	-0.27	-0.43	0.87	0.6	0.75	0.09	0.82	0.95	0.52	0.7	0.94
Property Plant And Equipment Net	0.79	0.92	0.75	0.73	-0.31	0.78	0.93	-0.32	0.92	-0.32	0.7		0.79	-0.1	0.95	-0.37	-0.12	0.67	0.65	0.84	0.47	0.89	0.76	0.24	0.73	0.66
Retained Earnings	0.75	0.88	0.75	0.56	-0.21	0.56	0.84	-0.23	0.95	-0.51	0.78	0.79		-0.19	0.92	-0.06	-0.21	0.64	0.34	0.95	-0.05	0.95	0.75	0.18	0.48	0.81
Cash	-0.26	0.04	-0.32	-0.41	0.09	-0.29	0.05	0.07	-0.14	0.0	-0.44	-0.1	-0.19		-0.18	0.36	0.97	-0.53	-0.12	-0.08	-0.11	-0.22	-0.26	-0.77	-0.22	-0.46
Non Current Assets Total	0.82	0.92	0.8	0.71	-0.26	0.73	0.92	-0.27	0.97	-0.35	0.79	0.95	0.92	-0.18		-0.32	-0.2	0.71	0.52	0.9	0.24	0.98	0.79	0.3	0.65	0.77
Non Currrent Assets Other	-0.24	-0.06	-0.22	-0.38	0.22	-0.3	-0.11	0.22	-0.12	-0.17	-0.27	-0.37	-0.06	0.36	-0.32		0.46	-0.33	-0.14	0.06	-0.43	-0.22	-0.14	-0.64	-0.21	-0.14
Cash And Short Term Investments	-0.25	0.03	-0.3	-0.38	0.06	-0.25	0.04	0.06	-0.15	0.04	-0.43	-0.12	-0.21	0.97	-0.2	0.46		-0.49	-0.07	-0.07	-0.1	-0.24	-0.24	-0.76	-0.18	-0.46
Net Receivables	0.87	0.55	0.88	0.87	-0.36	0.83	0.61	-0.35	0.69	0.08	0.87	0.67	0.64	-0.53	0.71	-0.33	-0.49		0.61	0.64	0.28	0.72	0.87	0.71	0.74	0.78
Common Stock Total Equity	0.67	0.48	0.74	0.51	-0.39	0.9	0.5	-0.37	0.51	-0.12	0.6	0.65	0.34	-0.12	0.52	-0.14	-0.07	0.61		0.52	0.56	0.54	0.7	0.22	0.97	0.53
Inventory	0.76	0.93	0.76	0.57	-0.27	0.66	0.9	-0.27	0.97	-0.51	0.75	0.84	0.95	-0.08	0.9	0.06	-0.07	0.64	0.52		0.08	0.93	0.79	0.06	0.61	0.77
Other Current Assets	0.23	0.25	0.19	0.47	-0.13	0.44	0.32	-0.12	0.2	0.19	0.09	0.47	-0.05	-0.11	0.24	-0.43	-0.1	0.28	0.56	0.08		0.14	0.21	0.32	0.51	0.06
Property Plant And Equipment Gross	0.82	0.89	0.83	0.65	-0.23	0.75	0.87	-0.24	0.96	-0.39	0.82	0.89	0.95	-0.22	0.98	-0.22	-0.24	0.72	0.54	0.93	0.14		0.79	0.29	0.68	0.82
Total Current Assets	0.99	0.73	0.97	0.81	-0.3	0.8	0.75	-0.3	0.8	-0.18	0.95	0.76	0.75	-0.26	0.79	-0.14	-0.24	0.87	0.7	0.79	0.21	0.79		0.37	0.76	0.9
Short Term Debt	0.42	-0.01	0.45	0.59	-0.2	0.47	0.07	-0.19	0.18	0.38	0.52	0.24	0.18	-0.77	0.3	-0.64	-0.76	0.71	0.22	0.06	0.32	0.29	0.37		0.36	0.43
Common Stock	0.75	0.55	0.83	0.62	-0.38	0.97	0.58	-0.37	0.62	-0.08	0.7	0.73	0.48	-0.22	0.65	-0.21	-0.18	0.74	0.97	0.61	0.51	0.68	0.76	0.36		0.64
Accounts Payable	0.89	0.67	0.9	0.69	-0.11	0.66	0.65	-0.11	0.79	-0.29	0.94	0.66	0.81	-0.46	0.77	-0.14	-0.46	0.78	0.53	0.77	0.06	0.82	0.9	0.43	0.64

Click cells to compare fundamentals

Wajax Account Relationship Matchups

Wajax fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	981.4M	1.1B	1.2B	1.5B	1.5B	803.9M
Short Long Term Debt Total	379.3M	321.6M	303.0M	500.9M	576.0M	604.8M
Total Stockholder Equity	325.6M	389.9M	449.8M	496.2M	512.3M	296.8M
Net Debt	372.6M	311.6M	461.5M	500.9M	332.7M	207.2M
Other Assets	6.9M	8.3M	5.1M	1.0	1.7M	1.6M
Common Stock Shares Outstanding	20.5M	22.0M	22.2M	22.3M	21.7M	20.0M
Liabilities And Stockholders Equity	981.4M	1.1B	1.2B	1.5B	1.5B	803.9M
Non Current Liabilities Total	376.9M	323.0M	286.0M	493.7M	477.1M	500.9M
Other Stockholder Equity	7.7M	8.4M	9.0M	7.6M	3.3M	3.2M
Total Liab	655.7M	690.9M	800.1M	977.1M	1.0B	1.1B
Other Current Liab	114.0M	143.6M	94.1M	149.3M	8.6M	8.2M
Total Current Liabilities	278.9M	367.9M	514.1M	483.4M	558.3M	298.0M
Property Plant And Equipment Net	230.0M	219.8M	206.2M	223.2M	254.2M	266.9M
Retained Earnings	143.3M	176.2M	228.1M	278.1M	290.0M	304.5M
Cash	6.6M	10.0M	(158.4M)	0.0	7.4M	7.7M
Non Current Assets Total	327.6M	399.5M	389.8M	429.7M	456.9M	479.8M
Non Currrent Assets Other	(320.7M)	(391.2M)	(376.9M)	16.3M	14.6M	15.4M
Cash And Short Term Investments	6.6M	10.0M	(158.4M)	7.4M	6.6M	6.9M
Net Receivables	238.3M	265.0M	369.1M	384.5M	275.6M	215.6M
Inventory	357.4M	388.7M	462.2M	639.6M	673.1M	706.7M
Other Current Assets	51.4M	17.7M	28.8M	19.5M	9.8M	18.8M
Property Plant And Equipment Gross	230.0M	423.5M	446.6M	491.6M	538.4M	565.3M
Total Current Assets	653.8M	681.4M	860.1M	1.0B	1.1B	584.6M
Short Term Debt	20.7M	23.9M	30.5M	67.9M	35.8M	0.0
Common Stock	181.3M	206.7M	207.6M	210.0M	211.5M	168.3M
Accounts Payable	132.0M	173.2M	308.2M	270.8M	333.3M	185.3M
Good Will	56.1M	98.8M	103.3M	115.9M	115.9M	72.8M
Accumulated Other Comprehensive Income	(6.6M)	(1.4M)	5.1M	570K	655.5K	688.3K
Intangible Assets	34.6M	72.5M	67.4M	74.3M	67.6M	71.0M
Current Deferred Revenue	7.9M	20.6M	20.6M	22.8M	20.5M	15.2M
Other Liab	18.7M	21.5M	32.0M	19.6M	22.5M	18.2M
Net Tangible Assets	237.2M	234.9M	218.5M	279.1M	320.9M	245.7M
Long Term Debt	226.2M	153.4M	139.4M	324.1M	283.0M	221.6M
Property Plant Equipment	230.0M	219.8M	206.2M	254.2M	292.3M	180.7M
Long Term Debt Total	355.4M	291.0M	266.5M	451.1M	518.7M	294.8M
Capital Surpluse	7.7M	8.4M	9.0M	7.5M	8.6M	8.6M
Capital Lease Obligations	153.0M	168.1M	158.4M	175.4M	208.2M	125.0M

Pair Trading with Wajax

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

Moving together with Wajax Stock

0.74	SGR-U	Slate Grocery REIT Earnings Call This Week	Pair Corr
0.77	ROOT	Roots Corp	Pair Corr
0.64	MRT-UN	Morguard Real Estate	Pair Corr

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

The correlation of Wajax 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 Wajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wajax 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 Wajax 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 Wajax Stock

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

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Wajax Begin Period Cash Flow vs Change To Operating Activities Analysis

Begin Period Cash Flow vs Change To Operating Activities

Begin Period Cash Flow vs Change To Operating Activities Correlation Analysis

Correlation Coefficient

Begin Period Cash Flow

Change To Operating Activities

Wajax fundamental ratios Correlations

Wajax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wajax fundamental ratios Accounts

Pair Trading with Wajax

Moving together with Wajax Stock

Other Information on Investing in Wajax Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Other Assets
Total Current Assets	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.98	Non Current Assets Total
Total Stockholder Equity	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total

Short Term Debt	- 0.77	Cash
Short Term Debt	- 0.76	Cash And Short Term Investments
Short Term Debt	- 0.64	Non Currrent Assets Other
Net Receivables	- 0.53	Cash
Inventory	- 0.51	Other Current Liab
Retained Earnings	- 0.51	Other Current Liab