CAE Intangible Assets vs Non Currrent Assets Other Analysis

CAE Stock  CAD 25.59  0.21  0.83%   
CAE financial indicator trend analysis is way more than just evaluating CAE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAE Inc is a good investment. Please check the relationship between CAE Intangible Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAE Inc Intangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CAE's Intangible Assets and Non Currrent Assets Other is 0.82. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of CAE Inc, assuming nothing else is changed. The correlation between historical values of CAE's Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of CAE Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., CAE's Intangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

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

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from CAE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAE Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, CAE's Selling General Administrative is very stable compared to the past year. As of the 2nd of June 2024, Tax Provision is likely to grow to about 60.9 M, while Discontinued Operations is likely to drop (472.5 K).
 2021 2022 2023 2024 (projected)
Gross Profit955.5M1.2B1.3B1.4B
Total Revenue3.4B4.2B4.8B5.1B

CAE fundamental ratios Correlations

0.97-0.050.970.980.990.950.980.880.220.990.920.220.960.770.980.950.11-0.440.990.960.840.95-0.490.810.94
0.97-0.060.940.930.970.980.930.840.210.970.850.220.930.730.990.930.03-0.390.980.950.80.96-0.430.850.92
-0.05-0.060.12-0.17-0.03-0.24-0.03-0.30.78-0.17-0.090.78-0.09-0.130.010.130.59-0.420.050.070.4-0.2-0.40.04-0.3
0.970.940.120.920.950.880.930.870.370.930.850.380.90.680.940.980.32-0.440.980.910.920.91-0.470.850.85
0.980.93-0.170.920.950.940.960.890.060.990.920.070.950.80.920.890.06-0.380.930.930.750.95-0.430.750.97
0.990.97-0.030.950.950.940.980.830.260.970.910.260.980.760.990.940.06-0.530.990.950.850.92-0.570.790.9
0.950.98-0.240.880.940.940.90.850.00.980.830.00.910.750.950.85-0.09-0.30.930.920.660.98-0.350.840.96
0.980.93-0.030.930.960.980.90.810.260.960.950.260.980.780.960.930.06-0.550.960.940.840.9-0.590.730.89
0.880.84-0.30.870.890.830.850.810.040.880.770.040.80.630.80.820.24-0.160.840.720.690.87-0.20.730.87
0.220.210.780.370.060.260.00.260.040.080.181.00.21-0.030.30.440.52-0.460.330.210.690.01-0.440.15-0.12
0.990.97-0.170.930.990.970.980.960.880.080.910.080.950.790.960.90.01-0.380.960.950.750.98-0.430.80.98
0.920.85-0.090.850.920.910.830.950.770.180.910.190.90.760.890.840.08-0.590.880.850.760.82-0.630.640.84
0.220.220.780.380.070.260.00.260.041.00.080.190.22-0.030.30.440.52-0.460.340.210.690.02-0.440.15-0.11
0.960.93-0.090.90.950.980.910.980.80.210.950.90.220.760.960.91-0.04-0.520.950.930.810.89-0.560.690.89
0.770.73-0.130.680.80.760.750.780.63-0.030.790.76-0.030.760.730.65-0.04-0.450.720.780.540.73-0.490.560.79
0.980.990.010.940.920.990.950.960.80.30.960.890.30.960.730.940.04-0.50.990.950.850.92-0.540.810.88
0.950.930.130.980.890.940.850.930.820.440.90.840.440.910.650.940.22-0.420.970.880.930.88-0.460.80.8
0.110.030.590.320.060.06-0.090.060.240.520.010.080.52-0.04-0.040.040.22-0.210.150.030.46-0.01-0.20.18-0.06
-0.44-0.39-0.42-0.44-0.38-0.53-0.3-0.55-0.16-0.46-0.38-0.59-0.46-0.52-0.45-0.5-0.42-0.21-0.48-0.49-0.58-0.221.0-0.23-0.24
0.990.980.050.980.930.990.930.960.840.330.960.880.340.950.720.990.970.15-0.480.950.890.93-0.520.830.88
0.960.950.070.910.930.950.920.940.720.210.950.850.210.930.780.950.880.03-0.490.950.780.92-0.540.790.91
0.840.80.40.920.750.850.660.840.690.690.750.760.690.810.540.850.930.46-0.580.890.780.69-0.60.660.61
0.950.96-0.20.910.950.920.980.90.870.010.980.820.020.890.730.920.88-0.01-0.220.930.920.69-0.270.870.97
-0.49-0.43-0.4-0.47-0.43-0.57-0.35-0.59-0.2-0.44-0.43-0.63-0.44-0.56-0.49-0.54-0.46-0.21.0-0.52-0.54-0.6-0.27-0.27-0.3
0.810.850.040.850.750.790.840.730.730.150.80.640.150.690.560.810.80.18-0.230.830.790.660.87-0.270.78
0.940.92-0.30.850.970.90.960.890.87-0.120.980.84-0.110.890.790.880.8-0.06-0.240.880.910.610.97-0.30.78
Click cells to compare fundamentals

CAE Account Relationship Matchups

CAE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B8.7B9.6B10.4B12.0B12.6B
Short Long Term Debt Total3.3B2.4B3.0B3.3B3.7B3.9B
Other Current Liab555M796.7M608.7M89.7M103.2M98.0M
Total Current Liabilities2.1B2.6B2.1B2.2B2.6B2.7B
Total Stockholder Equity2.5B3.1B4.0B4.5B5.2B5.4B
Property Plant And Equipment Net2.5B2.3B2.5B2.8B3.2B3.4B
Net Debt2.4B1.4B2.7B3.0B3.5B3.7B
Retained Earnings1.6B1.5B1.8B2.1B2.4B2.5B
Accounts Payable539.7M945.6M436.2M1.0B1.2B1.3B
Cash946.5M926.1M346.1M217.6M250.2M287.6M
Non Current Assets Total5.7B5.4B7.4B8.2B9.4B9.9B
Non Currrent Assets Other523.5M509M560.2M680.9M783.0M822.2M
Cash And Short Term Investments946.5M926.1M346.1M217.6M250.2M295.6M
Net Receivables1.2B1.0B1.2B1.4B1.6B1.6B
Common Stock Shares Outstanding267.6M272.0M312.9M318.1M365.9M274.2M
Liabilities And Stockholders Equity8.5B8.7B9.6B10.4B12.0B12.6B
Non Current Liabilities Total3.8B2.9B3.4B3.6B4.1B4.3B
Inventory616.2M647.8M519.8M583.4M670.9M704.5M
Other Current Assets80.1M784.4M84.3M76.2M87.6M112.9M
Other Stockholder Equity26.9M22.5M38.6M42.1M37.9M36.0M
Total Liab5.9B5.5B5.5B5.8B6.7B7.1B
Property Plant And Equipment Gross2.5B2.3B3.7B2.8B3.2B3.4B
Total Current Assets2.8B3.4B2.1B2.2B2.6B2.7B
Accumulated Other Comprehensive Income193.2M58.1M(31.2M)167.2M192.3M201.9M
Intangible Assets971.2M882.6M1.3B1.4B1.6B1.7B
Short Term Debt206.2M216.3M241.8M214.6M246.8M259.1M
Good Will1.1B1.2B2.5B2.7B3.1B3.2B
Current Deferred Revenue761.4M674.7M804.5M905.7M1.0B530.4M
Common Stock679.5M1.5B2.2B2.2B2.6B2.7B
Other Liab737M767.1M596.6M565.4M508.9M572.3M
Net Tangible Assets682.7M1.3B447.8M751.6M676.4M723.6M
Other Assets857.5M829.6M912M273.1M314.1M298.4M
Long Term Debt2.7B2.1B2.5B3.0B3.5B2.0B
Deferred Long Term Liab249.5M215.7M234.4M294.7M338.9M218.8M
Long Term Investments460.6M422.2M454M530.7M610.3M407.4M
Short Long Term Debt93.5M216.3M142.8M214.6M193.1M178.8M
Property Plant Equipment2.5B2.3B2.5B2.8B3.2B2.2B
Long Term Debt Total3.1B2.1B2.8B3.0B3.5B2.3B

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When determining whether CAE Inc is a strong investment it is important to analyze CAE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAE's future performance. For an informed investment choice regarding CAE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the CAE Inc information on this page should be used as a complementary analysis to other CAE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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.

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When running CAE's price analysis, check to measure CAE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CAE is operating at the current time. Most of CAE's value examination focuses on studying past and present price action to predict the probability of CAE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAE's price. Additionally, you may evaluate how the addition of CAE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE'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.