CAE Total Assets vs Other Current Assets 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 Total Assets and its Other Current Assets 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.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAE Inc Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CAE's Total Assets and Other Current Assets is 0.11. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets 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 Total Assets and Other Current 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 Total Assets of CAE Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., CAE's Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of CAE assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CAE Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 3rd 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 Profit | 955.5M | 1.2B | 1.3B | 1.4B | Total Revenue | 3.4B | 4.2B | 4.8B | 5.1B |
CAE fundamental ratios Correlations
Click cells to compare fundamentals
CAE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CAE fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.5B | 8.7B | 9.6B | 10.4B | 12.0B | 12.6B | |
Short Long Term Debt Total | 3.3B | 2.4B | 3.0B | 3.3B | 3.7B | 3.9B | |
Other Current Liab | 555M | 796.7M | 608.7M | 89.7M | 103.2M | 98.0M | |
Total Current Liabilities | 2.1B | 2.6B | 2.1B | 2.2B | 2.6B | 2.7B | |
Total Stockholder Equity | 2.5B | 3.1B | 4.0B | 4.5B | 5.2B | 5.4B | |
Property Plant And Equipment Net | 2.5B | 2.3B | 2.5B | 2.8B | 3.2B | 3.4B | |
Net Debt | 2.4B | 1.4B | 2.7B | 3.0B | 3.5B | 3.7B | |
Retained Earnings | 1.6B | 1.5B | 1.8B | 2.1B | 2.4B | 2.5B | |
Accounts Payable | 539.7M | 945.6M | 436.2M | 1.0B | 1.2B | 1.3B | |
Cash | 946.5M | 926.1M | 346.1M | 217.6M | 250.2M | 287.6M | |
Non Current Assets Total | 5.7B | 5.4B | 7.4B | 8.2B | 9.4B | 9.9B | |
Non Currrent Assets Other | 523.5M | 509M | 560.2M | 680.9M | 783.0M | 822.2M | |
Cash And Short Term Investments | 946.5M | 926.1M | 346.1M | 217.6M | 250.2M | 295.6M | |
Net Receivables | 1.2B | 1.0B | 1.2B | 1.4B | 1.6B | 1.6B | |
Common Stock Shares Outstanding | 267.6M | 272.0M | 312.9M | 318.1M | 365.9M | 274.2M | |
Liabilities And Stockholders Equity | 8.5B | 8.7B | 9.6B | 10.4B | 12.0B | 12.6B | |
Non Current Liabilities Total | 3.8B | 2.9B | 3.4B | 3.6B | 4.1B | 4.3B | |
Inventory | 616.2M | 647.8M | 519.8M | 583.4M | 670.9M | 704.5M | |
Other Current Assets | 80.1M | 784.4M | 84.3M | 76.2M | 87.6M | 112.9M | |
Other Stockholder Equity | 26.9M | 22.5M | 38.6M | 42.1M | 37.9M | 36.0M | |
Total Liab | 5.9B | 5.5B | 5.5B | 5.8B | 6.7B | 7.1B | |
Property Plant And Equipment Gross | 2.5B | 2.3B | 3.7B | 2.8B | 3.2B | 3.4B | |
Total Current Assets | 2.8B | 3.4B | 2.1B | 2.2B | 2.6B | 2.7B | |
Accumulated Other Comprehensive Income | 193.2M | 58.1M | (31.2M) | 167.2M | 192.3M | 201.9M | |
Intangible Assets | 971.2M | 882.6M | 1.3B | 1.4B | 1.6B | 1.7B | |
Short Term Debt | 206.2M | 216.3M | 241.8M | 214.6M | 246.8M | 259.1M | |
Good Will | 1.1B | 1.2B | 2.5B | 2.7B | 3.1B | 3.2B | |
Current Deferred Revenue | 761.4M | 674.7M | 804.5M | 905.7M | 1.0B | 530.4M | |
Common Stock | 679.5M | 1.5B | 2.2B | 2.2B | 2.6B | 2.7B | |
Other Liab | 737M | 767.1M | 596.6M | 565.4M | 508.9M | 572.3M | |
Net Tangible Assets | 682.7M | 1.3B | 447.8M | 751.6M | 676.4M | 723.6M | |
Other Assets | 857.5M | 829.6M | 912M | 273.1M | 314.1M | 298.4M | |
Long Term Debt | 2.7B | 2.1B | 2.5B | 3.0B | 3.5B | 2.0B | |
Deferred Long Term Liab | 249.5M | 215.7M | 234.4M | 294.7M | 338.9M | 218.8M | |
Long Term Investments | 460.6M | 422.2M | 454M | 530.7M | 610.3M | 407.4M | |
Short Long Term Debt | 93.5M | 216.3M | 142.8M | 214.6M | 193.1M | 178.8M | |
Property Plant Equipment | 2.5B | 2.3B | 2.5B | 2.8B | 3.2B | 2.2B | |
Long Term Debt Total | 3.1B | 2.1B | 2.8B | 3.0B | 3.5B | 2.3B |
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Try AI Portfolio ArchitectCheck 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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