Canadian Total Stockholder Equity vs Short Term Debt 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 Total Stockholder Equity and its Short Term Debt 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.
Total Stockholder Equity vs Short Term Debt
Total Stockholder Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Utilities Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Canadian Utilities' Total Stockholder Equity and Short Term Debt is 0.3. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt 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' Total Stockholder Equity and Short Term Debt 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 Stockholder Equity of Canadian Utilities Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., Canadian Utilities' Total Stockholder Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Short Term Debt
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 |
Canadian Utilities fundamental ratios Correlations
Click cells to compare fundamentals
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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Try AI Portfolio ArchitectCheck 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. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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