CAE Total Current Liabilities vs Good Will 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 Current Liabilities and its Good Will 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 Current Liabilities vs Good Will

Total Current Liabilities vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAE Inc Total Current Liabilities account and Good Will. At this time, the significance of the direction appears to have very strong relationship.

The correlation between CAE's Total Current Liabilities and Good Will is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Good Will 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 Current Liabilities and Good Will 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 Current Liabilities of CAE Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Liabilities i.e., CAE's Total Current Liabilities and Good Will go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on CAE balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CAE Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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

Gross Profit Total Revenue

CAE 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	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	Intangible Assets	Short Term Investments	Short Term Debt	Good Will
Total Assets		0.97	-0.05	0.97	0.98	0.99	0.95	0.98	0.88	0.22	0.99	0.92	0.22	0.96	0.77	0.98	0.95	0.11	-0.44	0.99	0.96	0.84	0.95	-0.49	0.81	0.94
Short Long Term Debt Total	0.97		-0.06	0.94	0.93	0.97	0.98	0.93	0.84	0.21	0.97	0.85	0.22	0.93	0.73	0.99	0.93	0.03	-0.39	0.98	0.95	0.8	0.96	-0.43	0.85	0.92
Other Current Liab	-0.05	-0.06		0.12	-0.17	-0.03	-0.24	-0.03	-0.3	0.78	-0.17	-0.09	0.78	-0.09	-0.13	0.01	0.13	0.59	-0.42	0.05	0.07	0.4	-0.2	-0.4	0.04	-0.3
Total Current Liabilities	0.97	0.94	0.12		0.92	0.95	0.88	0.93	0.87	0.37	0.93	0.85	0.38	0.9	0.68	0.94	0.98	0.32	-0.44	0.98	0.91	0.92	0.91	-0.47	0.85	0.85
Total Stockholder Equity	0.98	0.93	-0.17	0.92		0.95	0.94	0.96	0.89	0.06	0.99	0.92	0.07	0.95	0.8	0.92	0.89	0.06	-0.38	0.93	0.93	0.75	0.95	-0.43	0.75	0.97
Property Plant And Equipment Net	0.99	0.97	-0.03	0.95	0.95		0.94	0.98	0.83	0.26	0.97	0.91	0.26	0.98	0.76	0.99	0.94	0.06	-0.53	0.99	0.95	0.85	0.92	-0.57	0.79	0.9
Net Debt	0.95	0.98	-0.24	0.88	0.94	0.94		0.9	0.85	0.0	0.98	0.83	0.0	0.91	0.75	0.95	0.85	-0.09	-0.3	0.93	0.92	0.66	0.98	-0.35	0.84	0.96
Retained Earnings	0.98	0.93	-0.03	0.93	0.96	0.98	0.9		0.81	0.26	0.96	0.95	0.26	0.98	0.78	0.96	0.93	0.06	-0.55	0.96	0.94	0.84	0.9	-0.59	0.73	0.89
Accounts Payable	0.88	0.84	-0.3	0.87	0.89	0.83	0.85	0.81		0.04	0.88	0.77	0.04	0.8	0.63	0.8	0.82	0.24	-0.16	0.84	0.72	0.69	0.87	-0.2	0.73	0.87
Cash	0.22	0.21	0.78	0.37	0.06	0.26	0.0	0.26	0.04		0.08	0.18	1.0	0.21	-0.03	0.3	0.44	0.52	-0.46	0.33	0.21	0.69	0.01	-0.44	0.15	-0.12
Non Current Assets Total	0.99	0.97	-0.17	0.93	0.99	0.97	0.98	0.96	0.88	0.08		0.91	0.08	0.95	0.79	0.96	0.9	0.01	-0.38	0.96	0.95	0.75	0.98	-0.43	0.8	0.98
Non Currrent Assets Other	0.92	0.85	-0.09	0.85	0.92	0.91	0.83	0.95	0.77	0.18	0.91		0.19	0.9	0.76	0.89	0.84	0.08	-0.59	0.88	0.85	0.76	0.82	-0.63	0.64	0.84
Cash And Short Term Investments	0.22	0.22	0.78	0.38	0.07	0.26	0.0	0.26	0.04	1.0	0.08	0.19		0.22	-0.03	0.3	0.44	0.52	-0.46	0.34	0.21	0.69	0.02	-0.44	0.15	-0.11
Net Receivables	0.96	0.93	-0.09	0.9	0.95	0.98	0.91	0.98	0.8	0.21	0.95	0.9	0.22		0.76	0.96	0.91	-0.04	-0.52	0.95	0.93	0.81	0.89	-0.56	0.69	0.89
Common Stock Shares Outstanding	0.77	0.73	-0.13	0.68	0.8	0.76	0.75	0.78	0.63	-0.03	0.79	0.76	-0.03	0.76		0.73	0.65	-0.04	-0.45	0.72	0.78	0.54	0.73	-0.49	0.56	0.79
Non Current Liabilities Total	0.98	0.99	0.01	0.94	0.92	0.99	0.95	0.96	0.8	0.3	0.96	0.89	0.3	0.96	0.73		0.94	0.04	-0.5	0.99	0.95	0.85	0.92	-0.54	0.81	0.88
Inventory	0.95	0.93	0.13	0.98	0.89	0.94	0.85	0.93	0.82	0.44	0.9	0.84	0.44	0.91	0.65	0.94		0.22	-0.42	0.97	0.88	0.93	0.88	-0.46	0.8	0.8
Other Current Assets	0.11	0.03	0.59	0.32	0.06	0.06	-0.09	0.06	0.24	0.52	0.01	0.08	0.52	-0.04	-0.04	0.04	0.22		-0.21	0.15	0.03	0.46	-0.01	-0.2	0.18	-0.06
Other Stockholder Equity	-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	-0.22	1.0	-0.23	-0.24
Total Liab	0.99	0.98	0.05	0.98	0.93	0.99	0.93	0.96	0.84	0.33	0.96	0.88	0.34	0.95	0.72	0.99	0.97	0.15	-0.48		0.95	0.89	0.93	-0.52	0.83	0.88
Property Plant And Equipment Gross	0.96	0.95	0.07	0.91	0.93	0.95	0.92	0.94	0.72	0.21	0.95	0.85	0.21	0.93	0.78	0.95	0.88	0.03	-0.49	0.95		0.78	0.92	-0.54	0.79	0.91
Total Current Assets	0.84	0.8	0.4	0.92	0.75	0.85	0.66	0.84	0.69	0.69	0.75	0.76	0.69	0.81	0.54	0.85	0.93	0.46	-0.58	0.89	0.78		0.69	-0.6	0.66	0.61
Intangible Assets	0.95	0.96	-0.2	0.91	0.95	0.92	0.98	0.9	0.87	0.01	0.98	0.82	0.02	0.89	0.73	0.92	0.88	-0.01	-0.22	0.93	0.92	0.69		-0.27	0.87	0.97
Short Term Investments	-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	-0.2	1.0	-0.52	-0.54	-0.6	-0.27		-0.27	-0.3
Short Term Debt	0.81	0.85	0.04	0.85	0.75	0.79	0.84	0.73	0.73	0.15	0.8	0.64	0.15	0.69	0.56	0.81	0.8	0.18	-0.23	0.83	0.79	0.66	0.87	-0.27		0.78
Good Will	0.94	0.92	-0.3	0.85	0.97	0.9	0.96	0.89	0.87	-0.12	0.98	0.84	-0.11	0.89	0.79	0.88	0.8	-0.06	-0.24	0.88	0.91	0.61	0.97	-0.3	0.78

Click cells to compare fundamentals

CAE Account Relationship Matchups

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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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:

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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CAE Total Current Liabilities vs Good Will Analysis

Total Current Liabilities vs Good Will

Total Current Liabilities vs Good Will Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Good Will

CAE fundamental ratios Correlations

CAE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CAE fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for CAE Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Term Investments	+ 1.0	Other Stockholder Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Short Term Investments	- 0.63	Non Currrent Assets Other
Short Term Investments	- 0.6	Total Current Assets
Other Stockholder Equity	- 0.59	Non Currrent Assets Other
Short Term Investments	- 0.59	Retained Earnings
Total Current Assets	- 0.58	Other Stockholder Equity
Short Term Investments	- 0.57	Property Plant And Equipment Net