Canadian Accounts Payable vs Non Currrent Assets Other Analysis
CP Stock | USD 81.74 0.97 1.20% |
Canadian Pacific financial indicator trend analysis is way more than just evaluating Canadian Pacific Railway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Pacific Railway is a good investment. Please check the relationship between Canadian Pacific Accounts Payable and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Accounts Payable vs Non Currrent Assets Other
Accounts Payable vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Pacific Railway Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Canadian Pacific's Accounts Payable and Non Currrent Assets Other is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Canadian Pacific Railway, assuming nothing else is changed. The correlation between historical values of Canadian Pacific's Accounts Payable 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 Accounts Payable of Canadian Pacific Railway 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 Accounts Payable i.e., Canadian Pacific's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Canadian Pacific obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Canadian Pacific Railway are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Canadian Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Pacific Railway 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 Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At this time, Canadian Pacific's Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.20, though Tax Provision is likely to grow to (6.8 B).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 4.6B | 6.4B | 3.6B | Total Revenue | 8.0B | 8.8B | 12.6B | 13.2B |
Canadian Pacific fundamental ratios Correlations
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Canadian Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.4B | 23.6B | 68.2B | 73.5B | 79.9B | 83.9B | |
Short Long Term Debt Total | 8.8B | 9.8B | 20.1B | 19.7B | 22.8B | 24.0B | |
Other Current Liab | 1.1B | 1.0B | 1.1B | 1.2B | 60M | 57M | |
Total Current Liabilities | 2.3B | 2.7B | 3.2B | 3.2B | 5.7B | 6.0B | |
Total Stockholder Equity | 7.1B | 7.3B | 33.8B | 38.9B | 41.5B | 43.6B | |
Property Plant And Equipment Net | 19.2B | 20.4B | 21.2B | 22.4B | 50.3B | 52.8B | |
Current Deferred Revenue | 142M | 38M | 34M | 1.7B | 2.0B | 2.1B | |
Net Debt | 8.6B | 9.6B | 20.1B | 19.2B | 22.4B | 23.5B | |
Retained Earnings | 7.6B | 8.1B | 10.4B | 13.2B | 16.4B | 17.2B | |
Accounts Payable | 453M | 401M | 432M | 503M | 680M | 574.3M | |
Non Current Assets Total | 21.2B | 22.3B | 66.8B | 71.6B | 76.9B | 80.7B | |
Non Currrent Assets Other | 451M | 438M | 419M | 3.5B | 235M | 183.4M | |
Cash And Short Term Investments | 133M | 147M | 69M | 451M | 464M | 282.7M | |
Net Receivables | 805M | 825M | 819M | 1.0B | 1.9B | 2.0B | |
Common Stock Shares Outstanding | 696.5M | 680M | 682.8M | 932.9M | 933.7M | 695.6M | |
Liabilities And Stockholders Equity | 22.4B | 23.6B | 68.2B | 73.5B | 79.9B | 83.9B | |
Non Current Liabilities Total | 13.0B | 13.7B | 31.2B | 31.4B | 31.8B | 33.4B | |
Inventory | 182M | 208M | 235M | 284M | 400M | 420M | |
Other Current Assets | 90M | 141M | 216M | 138M | 251M | 263.6M | |
Other Stockholder Equity | 48M | 55M | 66M | 78M | 88M | 83.6M | |
Total Liab | 15.3B | 16.3B | 34.3B | 34.6B | 37.5B | 39.4B | |
Property Plant And Equipment Gross | 19.5B | 20.7B | 30.1B | 31.9B | 60.4B | 63.4B | |
Total Current Assets | 1.2B | 1.3B | 1.4B | 1.9B | 3.0B | 3.2B | |
Accumulated Other Comprehensive Income | (2.5B) | (2.8B) | (2.1B) | 91M | (618M) | (648.9M) | |
Short Term Debt | 599M | 1.2B | 1.6B | 1.5B | 3.2B | 3.4B | |
Common Stock | 2.0B | 2.0B | 25.5B | 25.5B | 25.6B | 26.9B | |
Other Liab | 4.6B | 4.8B | 12.3B | 13.1B | 15.0B | 15.8B | |
Net Tangible Assets | 6.6B | 7.0B | 33.5B | 38.5B | 44.3B | 46.5B | |
Cash | 133M | 147M | 69M | 451M | 464M | 305.8M | |
Other Assets | 1.1B | 22.1B | 67.9B | 71.1B | 81.8B | 85.9B | |
Long Term Debt | 8.0B | 8.6B | 18.6B | 18.1B | 19.4B | 20.3B | |
Long Term Investments | 341M | 199M | 42.5B | 45.3B | 533M | 506.4M | |
Short Long Term Debt | 599M | 1.2B | 1.6B | 1.5B | 3.1B | 3.3B | |
Property Plant Equipment | 19.2B | 20.4B | 21.2B | 22.7B | 26.0B | 14.2B | |
Long Term Debt Total | 8.2B | 8.2B | 8.6B | 18.6B | 21.4B | 10.8B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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Is Canadian Pacific's industry 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 Canadian Pacific. If investors know Canadian 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 Canadian Pacific 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 (0.03) | Dividend Share 0.76 | Earnings Share 3.06 | Revenue Per Share 14.821 | Quarterly Revenue Growth 0.553 |
The market value of Canadian Pacific Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Pacific's value that differs from its market value or its book value, called intrinsic value, which is Canadian Pacific'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 Canadian Pacific's market value can be influenced by many factors that don't directly affect Canadian Pacific'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 Canadian Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Pacific'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.