Canadian Invested Capital vs Pb Ratio Analysis
CU Stock | CAD 31.84 0.01 0.03% |
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 Invested Capital and its Pb Ratio 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.
Invested Capital vs Pb Ratio
Invested Capital vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Utilities Invested Capital account and Pb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Canadian Utilities' Invested Capital and Pb Ratio is -0.26. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Pb Ratio 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' Invested Capital and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Canadian Utilities Limited are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Invested Capital i.e., Canadian Utilities' Invested Capital and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Canadian Utilities Limited. There are two different methods for calculating Canadian Utilities invested capital: operating approach and financing approach. Understanding Canadian Utilities invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Pb Ratio
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 21st of May 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 |
Canadian Utilities fundamental ratios Correlations
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Canadian Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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