Canadian Cash And Short Term Investments vs Other Current Liab Analysis

CU Stock

CAD 31.08 0.49 1.60%

Canadian Utilities financial indicator trend analysis is way more than just evaluating Canadian Utilities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Utilities is a good investment. Please check the relationship between Canadian Utilities Cash And Short Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Utilities Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Utilities Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.

The correlation between Canadian Utilities' Cash And Short Term Investments and Other Current Liab is 0.07. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Canadian Utilities Limited, assuming nothing else is changed. The correlation between historical values of Canadian Utilities' Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Canadian Utilities Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Canadian Utilities' Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Canadian Utilities balance sheet. This account contains Canadian Utilities investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Canadian Utilities Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Liab

Most indicators from Canadian Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Utilities 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 Utilities Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

As of the 1st of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.13, while Selling General Administrative is likely to drop about 371.9 M.

	2021	2022	2023	2024 (projected)
Operating Income	940M	1.2B	1.0B	844.5M
Total Revenue	3.5B	4.0B	3.8B	3.2B

Operating Income Total Revenue

Canadian Utilities fundamental ratios Correlations

	Common Stock Shares Outstanding	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 Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue
Common Stock Shares Outstanding		-0.43	-0.35	-0.42	-0.38	-0.53	-0.43	-0.33	-0.53	-0.63	-0.41	-0.44	-0.2	-0.31	-0.16	-0.18	-0.39	0.13	-0.01	0.67	-0.4	-0.08	-0.22	-0.17	-0.06	-0.89
Total Assets	-0.43		0.99	0.45	0.74	0.98	0.99	0.98	0.97	0.63	0.48	1.0	0.29	0.64	0.82	0.95	1.0	-0.8	0.44	-0.84	1.0	0.7	0.78	0.95	0.36	0.78
Short Long Term Debt Total	-0.35	0.99		0.42	0.74	0.94	0.98	1.0	0.93	0.61	0.42	0.99	0.34	0.6	0.82	0.97	1.0	-0.8	0.51	-0.78	1.0	0.68	0.78	0.97	0.39	0.73
Other Current Liab	-0.42	0.45	0.42		0.35	0.43	0.43	0.43	0.41	0.29	0.49	0.44	0.4	0.07	0.49	0.33	0.46	-0.57	0.37	-0.39	0.46	0.04	0.47	0.31	0.22	0.45
Total Current Liabilities	-0.38	0.74	0.74	0.35		0.66	0.7	0.75	0.64	0.76	0.21	0.73	0.5	0.41	0.81	0.66	0.72	-0.47	0.37	-0.6	0.76	0.62	0.62	0.66	0.68	0.59
Total Stockholder Equity	-0.53	0.98	0.94	0.43	0.66		0.98	0.93	1.0	0.59	0.56	0.98	0.19	0.69	0.73	0.91	0.96	-0.78	0.32	-0.89	0.96	0.68	0.71	0.91	0.3	0.83
Property Plant And Equipment Net	-0.43	0.99	0.98	0.43	0.7	0.98		0.97	0.98	0.61	0.49	1.0	0.19	0.66	0.78	0.96	0.99	-0.79	0.36	-0.83	0.98	0.7	0.72	0.95	0.31	0.78
Net Debt	-0.33	0.98	1.0	0.43	0.75	0.93	0.97		0.92	0.61	0.36	0.98	0.37	0.54	0.81	0.96	0.99	-0.78	0.54	-0.77	0.99	0.67	0.76	0.96	0.38	0.71
Retained Earnings	-0.53	0.97	0.93	0.41	0.64	1.0	0.98	0.92		0.58	0.56	0.97	0.17	0.71	0.72	0.9	0.95	-0.76	0.3	-0.9	0.95	0.68	0.71	0.9	0.29	0.84
Accounts Payable	-0.63	0.63	0.61	0.29	0.76	0.59	0.61	0.61	0.58		0.05	0.63	0.31	0.34	0.54	0.49	0.62	-0.17	0.34	-0.6	0.65	0.51	0.45	0.49	0.1	0.73
Cash	-0.41	0.48	0.42	0.49	0.21	0.56	0.49	0.36	0.56	0.05		0.46	-0.01	0.73	0.42	0.44	0.45	-0.64	-0.03	-0.47	0.44	0.15	0.55	0.43	0.32	0.51
Non Current Assets Total	-0.44	1.0	0.99	0.44	0.73	0.98	1.0	0.98	0.97	0.63	0.46		0.27	0.63	0.79	0.95	0.99	-0.79	0.41	-0.84	0.99	0.69	0.74	0.95	0.35	0.79
Non Currrent Assets Other	-0.2	0.29	0.34	0.4	0.5	0.19	0.19	0.37	0.17	0.31	-0.01	0.27		-0.12	0.37	0.18	0.31	-0.24	0.7	-0.29	0.33	0.01	0.48	0.18	0.51	0.24
Cash And Short Term Investments	-0.31	0.64	0.6	0.07	0.41	0.69	0.66	0.54	0.71	0.34	0.73	0.63	-0.12		0.56	0.66	0.62	-0.58	-0.03	-0.64	0.61	0.62	0.63	0.66	0.27	0.56
Net Receivables	-0.16	0.82	0.82	0.49	0.81	0.73	0.78	0.81	0.72	0.54	0.42	0.79	0.37	0.56		0.8	0.82	-0.76	0.5	-0.62	0.84	0.72	0.86	0.8	0.51	0.48
Common Stock Total Equity	-0.18	0.95	0.97	0.33	0.66	0.91	0.96	0.96	0.9	0.49	0.44	0.95	0.18	0.66	0.8		0.96	-0.82	0.41	-0.68	0.96	0.69	0.74	1.0	0.36	0.61
Non Current Liabilities Total	-0.39	1.0	1.0	0.46	0.72	0.96	0.99	0.99	0.95	0.62	0.45	0.99	0.31	0.62	0.82	0.96		-0.81	0.49	-0.81	1.0	0.69	0.79	0.96	0.34	0.75
Inventory	0.13	-0.8	-0.8	-0.57	-0.47	-0.78	-0.79	-0.78	-0.76	-0.17	-0.64	-0.79	-0.24	-0.58	-0.76	-0.82	-0.81		-0.39	0.64	-0.8	-0.57	-0.76	-0.82	-0.44	-0.46
Other Current Assets	-0.01	0.44	0.51	0.37	0.37	0.32	0.36	0.54	0.3	0.34	-0.03	0.41	0.7	-0.03	0.5	0.41	0.49	-0.39		-0.29	0.49	0.23	0.71	0.41	0.14	0.19
Other Stockholder Equity	0.67	-0.84	-0.78	-0.39	-0.6	-0.89	-0.83	-0.77	-0.9	-0.6	-0.47	-0.84	-0.29	-0.64	-0.62	-0.68	-0.81	0.64	-0.29		-0.81	-0.7	-0.68	-0.69	-0.28	-0.85
Total Liab	-0.4	1.0	1.0	0.46	0.76	0.96	0.98	0.99	0.95	0.65	0.44	0.99	0.33	0.61	0.84	0.96	1.0	-0.8	0.49	-0.81		0.7	0.79	0.96	0.38	0.76
Property Plant And Equipment Gross	-0.08	0.7	0.68	0.04	0.62	0.68	0.7	0.67	0.68	0.51	0.15	0.69	0.01	0.62	0.72	0.69	0.69	-0.57	0.23	-0.7	0.7		0.61	0.71	0.25	0.38
Total Current Assets	-0.22	0.78	0.78	0.47	0.62	0.71	0.72	0.76	0.71	0.45	0.55	0.74	0.48	0.63	0.86	0.74	0.79	-0.76	0.71	-0.68	0.79	0.61		0.74	0.4	0.5
Common Stock	-0.17	0.95	0.97	0.31	0.66	0.91	0.95	0.96	0.9	0.49	0.43	0.95	0.18	0.66	0.8	1.0	0.96	-0.82	0.41	-0.69	0.96	0.71	0.74		0.35	0.6
Short Term Debt	-0.06	0.36	0.39	0.22	0.68	0.3	0.31	0.38	0.29	0.1	0.32	0.35	0.51	0.27	0.51	0.36	0.34	-0.44	0.14	-0.28	0.38	0.25	0.4	0.35		0.19
Current Deferred Revenue	-0.89	0.78	0.73	0.45	0.59	0.83	0.78	0.71	0.84	0.73	0.51	0.79	0.24	0.56	0.48	0.61	0.75	-0.46	0.19	-0.85	0.76	0.38	0.5	0.6	0.19

Click cells to compare fundamentals

Canadian Utilities Account Relationship Matchups

Canadian Utilities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	273.2M	273.3M	269.7M	270.3M	270.4M	287.0M
Total Assets	20.0B	20.3B	21.1B	22.0B	23.2B	13.9B
Short Long Term Debt Total	9.0B	9.1B	9.6B	9.6B	11.0B	6.0B
Other Current Liab	572M	678M	871M	1.2B	66M	62.7M
Total Current Liabilities	739M	856M	1.4B	1.3B	1.4B	859.1M
Total Stockholder Equity	6.7B	6.6B	6.6B	6.9B	6.9B	4.7B
Property Plant And Equipment Net	17.3B	17.6B	18.1B	18.6B	19.9B	11.5B
Net Debt	8.1B	8.3B	8.8B	8.9B	10.3B	5.6B
Retained Earnings	4.1B	3.9B	3.9B	3.9B	4.1B	2.9B
Accounts Payable	536M	549M	739M	989M	1.1B	600.5M
Cash	973M	776M	746M	698M	207M	196.7M
Non Current Assets Total	18.3B	18.7B	19.3B	20.1B	21.7B	12.5B
Non Currrent Assets Other	222M	225M	322M	379M	292M	466.0M
Cash And Short Term Investments	973M	776M	746M	698M	802.7M	583.8M
Net Receivables	631M	658M	769M	884M	709M	574.2M
Common Stock Total Equity	1.2B	1.2B	1.2B	1.2B	1.4B	795.2M
Liabilities And Stockholders Equity	20.0B	20.3B	21.1B	22.0B	25.3B	13.4B
Non Current Liabilities Total	12.4B	12.6B	12.8B	13.6B	14.6B	8.3B
Inventory	30M	28M	21M	24M	64M	66.4M
Other Current Assets	80M	97M	195M	261M	211M	144.8M
Other Stockholder Equity	32M	16M	8M	9M	8.1M	7.7M
Total Liab	13.1B	13.5B	14.3B	14.9B	16.0B	9.1B
Property Plant And Equipment Gross	17.3B	17.6B	24.3B	25.3B	27.1B	28.4B
Total Current Assets	1.7B	1.6B	1.7B	1.9B	1.4B	1.4B
Accumulated Other Comprehensive Income	(47M)	(30M)	(22M)	126M	144.9M	152.1M
Common Stock	1.2B	1.2B	1.2B	1.2B	1.4B	839.5M
Short Term Debt	167M	178M	547M	113M	130.0M	156.3M
Intangible Assets	629M	656M	726M	819M	976M	579.1M
Other Liab	3.5B	3.7B	3.8B	4.1B	4.7B	3.8B
Net Tangible Assets	4.6B	4.5B	4.3B	4.5B	5.2B	4.6B
Other Assets	283M	297M	347M	267M	240.3M	228.3M
Long Term Debt	8.8B	8.9B	9.0B	9.4B	10.0B	9.5B
Long Term Investments	144M	165M	204M	237M	232M	199.9M
Short Long Term Debt	158M	169M	540M	106M	528M	644.4M
Property Plant Equipment	17.3B	17.6B	18.1B	1.8B	1.6B	1.5B
Long Term Debt Total	8.9B	8.9B	9.0B	9.5B	10.9B	10.1B
Non Current Liabilities Other	106M	115M	88M	132M	175M	125.7M

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Canadian Cash And Short Term Investments vs Other Current Liab Analysis

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Current Liab

Canadian Utilities fundamental ratios Correlations

Canadian Utilities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Utilities fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Other Stockholder Equity	- 0.9	Retained Earnings
Other Stockholder Equity	- 0.89	Total Stockholder Equity
Current Deferred Revenue	- 0.89	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.85	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Non Current Assets Total
Other Stockholder Equity	- 0.84	Total Assets