Keyera Cash And Short Term Investments vs Net Debt Analysis

KEY Stock

CAD 36.74 0.05 0.14%

Keyera Corp financial indicator trend analysis is infinitely more than just investigating Keyera Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keyera Corp is a good investment. Please check the relationship between Keyera Corp Cash And Short Term Investments and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keyera Corp. 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.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keyera Corp Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Keyera Corp's Cash And Short Term Investments and Net Debt is -0.61. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Keyera Corp, assuming nothing else is changed. The correlation between historical values of Keyera Corp's Cash And Short Term Investments and Net 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 Cash And Short Term Investments of Keyera Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Keyera Corp's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Keyera Corp balance sheet. This account contains Keyera Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Keyera Corp 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Keyera Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keyera Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keyera Corp. 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, Keyera Corp's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Enterprise Value Over EBITDA is likely to grow to 13.34, while Tax Provision is likely to drop about 96.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	787.7M	917.5M	1.1B	1.2B
Total Revenue	5.0B	7.1B	7.1B	7.4B

Gross Profit Total Revenue

Keyera Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Property Plant And Equipment Net	Retained Earnings	Cash	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.82	0.9	0.97	0.85	0.81	0.9	0.27	0.86	0.92	0.87	0.8	-0.17	0.62	0.99	-0.67	-0.23	-0.31	0.85	0.66	-0.18	-0.57	0.79	0.45	-0.71	0.97
Short Long Term Debt Total	0.82		0.74	0.77	0.99	0.64	0.97	0.22	0.75	0.76	0.99	0.65	-0.15	0.31	0.83	-0.9	-0.3	-0.58	1.0	0.57	-0.39	-0.46	0.98	0.35	-0.78	0.82
Total Current Liabilities	0.9	0.74		0.84	0.77	0.94	0.81	0.08	0.92	0.89	0.81	0.87	-0.03	0.71	0.85	-0.57	-0.28	-0.31	0.76	0.75	-0.05	-0.68	0.74	0.23	-0.78	0.79
Total Stockholder Equity	0.97	0.77	0.84		0.79	0.75	0.88	0.31	0.76	0.88	0.82	0.71	-0.21	0.63	0.97	-0.56	-0.13	-0.19	0.8	0.56	-0.15	-0.53	0.72	0.57	-0.56	0.97
Net Debt	0.85	0.99	0.77	0.79		0.67	0.97	0.24	0.77	0.77	0.98	0.65	-0.18	0.4	0.86	-0.89	-0.38	-0.61	0.99	0.6	-0.37	-0.46	0.97	0.36	-0.77	0.83
Accounts Payable	0.81	0.64	0.94	0.75	0.67		0.7	-0.12	0.93	0.84	0.73	0.95	0.08	0.69	0.75	-0.56	-0.13	-0.14	0.67	0.84	-0.07	-0.7	0.66	0.19	-0.78	0.69
Non Current Assets Total	0.9	0.97	0.81	0.88	0.97	0.7		0.27	0.76	0.84	0.99	0.68	-0.19	0.44	0.9	-0.8	-0.25	-0.46	0.98	0.57	-0.27	-0.53	0.94	0.43	-0.71	0.89
Non Currrent Assets Other	0.27	0.22	0.08	0.31	0.24	-0.12	0.27		-0.11	-0.03	0.19	-0.18	-0.44	0.09	0.35	-0.22	-0.23	-0.25	0.24	-0.19	0.03	0.41	0.26	0.48	0.03	0.4
Net Receivables	0.86	0.75	0.92	0.76	0.77	0.93	0.76	-0.11		0.88	0.81	0.95	0.01	0.57	0.81	-0.69	-0.23	-0.32	0.77	0.84	-0.18	-0.69	0.76	0.13	-0.89	0.75
Common Stock Shares Outstanding	0.92	0.76	0.89	0.88	0.77	0.84	0.84	-0.03	0.88		0.83	0.84	-0.03	0.57	0.87	-0.56	-0.13	-0.21	0.79	0.67	0.0	-0.85	0.69	0.16	-0.71	0.82
Total Liab	0.87	0.99	0.81	0.82	0.98	0.73	0.99	0.19	0.81	0.83		0.73	-0.14	0.39	0.86	-0.86	-0.27	-0.52	0.99	0.63	-0.29	-0.56	0.97	0.33	-0.8	0.84
Total Current Assets	0.8	0.65	0.87	0.71	0.65	0.95	0.68	-0.18	0.95	0.84	0.73		0.11	0.49	0.73	-0.63	0.0	-0.11	0.68	0.86	-0.14	-0.69	0.67	0.16	-0.85	0.7
Short Term Debt	-0.17	-0.15	-0.03	-0.21	-0.18	0.08	-0.19	-0.44	0.01	-0.03	-0.14	0.11		-0.13	-0.22	0.17	0.33	0.31	-0.16	0.08	-0.15	-0.14	-0.19	-0.3	0.04	-0.25
Other Current Liab	0.62	0.31	0.71	0.63	0.4	0.69	0.44	0.09	0.57	0.57	0.39	0.49	-0.13		0.61	-0.16	-0.38	-0.06	0.34	0.42	0.05	-0.41	0.29	0.21	-0.28	0.53
Property Plant And Equipment Net	0.99	0.83	0.85	0.97	0.86	0.75	0.9	0.35	0.81	0.87	0.86	0.73	-0.22	0.61		-0.68	-0.26	-0.34	0.85	0.61	-0.23	-0.48	0.8	0.52	-0.66	0.99
Retained Earnings	-0.67	-0.9	-0.57	-0.56	-0.89	-0.56	-0.8	-0.22	-0.69	-0.56	-0.86	-0.63	0.17	-0.16	-0.68		0.32	0.61	-0.89	-0.65	0.43	0.25	-0.93	-0.28	0.82	-0.67
Cash	-0.23	-0.3	-0.28	-0.13	-0.38	-0.13	-0.25	-0.23	-0.23	-0.13	-0.27	0.0	0.33	-0.38	-0.26	0.32		0.85	-0.27	-0.28	-0.04	-0.04	-0.32	0.06	0.32	-0.16
Cash And Short Term Investments	-0.31	-0.58	-0.31	-0.19	-0.61	-0.14	-0.46	-0.25	-0.32	-0.21	-0.52	-0.11	0.31	-0.06	-0.34	0.61	0.85		-0.54	-0.31	0.14	0.01	-0.61	0.04	0.57	-0.28
Non Current Liabilities Total	0.85	1.0	0.76	0.8	0.99	0.67	0.98	0.24	0.77	0.79	0.99	0.68	-0.16	0.34	0.85	-0.89	-0.27	-0.54		0.59	-0.34	-0.49	0.98	0.37	-0.77	0.84
Inventory	0.66	0.57	0.75	0.56	0.6	0.84	0.57	-0.19	0.84	0.67	0.63	0.86	0.08	0.42	0.61	-0.65	-0.28	-0.31	0.59		-0.1	-0.5	0.61	0.18	-0.78	0.57
Other Current Assets	-0.18	-0.39	-0.05	-0.15	-0.37	-0.07	-0.27	0.03	-0.18	0.0	-0.29	-0.14	-0.15	0.05	-0.23	0.43	-0.04	0.14	-0.34	-0.1		-0.25	-0.4	-0.46	0.19	-0.26
Other Stockholder Equity	-0.57	-0.46	-0.68	-0.53	-0.46	-0.7	-0.53	0.41	-0.69	-0.85	-0.56	-0.69	-0.14	-0.41	-0.48	0.25	-0.04	0.01	-0.49	-0.5	-0.25		-0.37	0.27	0.54	-0.39
Property Plant And Equipment Gross	0.79	0.98	0.74	0.72	0.97	0.66	0.94	0.26	0.76	0.69	0.97	0.67	-0.19	0.29	0.8	-0.93	-0.32	-0.61	0.98	0.61	-0.4	-0.37		0.37	-0.82	0.79
Intangible Assets	0.45	0.35	0.23	0.57	0.36	0.19	0.43	0.48	0.13	0.16	0.33	0.16	-0.3	0.21	0.52	-0.28	0.06	0.04	0.37	0.18	-0.46	0.27	0.37		0.01	0.62
Good Will	-0.71	-0.78	-0.78	-0.56	-0.77	-0.78	-0.71	0.03	-0.89	-0.71	-0.8	-0.85	0.04	-0.28	-0.66	0.82	0.32	0.57	-0.77	-0.78	0.19	0.54	-0.82	0.01		-0.6
Common Stock Total Equity	0.97	0.82	0.79	0.97	0.83	0.69	0.89	0.4	0.75	0.82	0.84	0.7	-0.25	0.53	0.99	-0.67	-0.16	-0.28	0.84	0.57	-0.26	-0.39	0.79	0.62	-0.6

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Keyera Corp Account Relationship Matchups

Keyera Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	7.6B	8.1B	8.6B	8.8B	4.4B
Short Long Term Debt Total	3.0B	3.4B	3.7B	3.9B	4.5B	4.7B
Total Current Liabilities	817.0M	499.0M	913.0M	1000.0M	795.2M	560.9M
Total Stockholder Equity	3.1B	2.8B	2.7B	2.8B	2.8B	1.6B
Net Debt	3.0B	3.4B	3.7B	4.1B	4.1B	4.3B
Accounts Payable	463.4M	347.9M	650.4M	717.3M	481.4M	386.3M
Non Current Assets Total	6.9B	6.9B	7.0B	7.5B	7.7B	8.1B
Non Currrent Assets Other	95.9M	93.6M	87.8M	105.2M	121.0M	84.4M
Net Receivables	488.6M	447.7M	750.4M	708.8M	688.2M	408.1M
Common Stock Shares Outstanding	214.2M	220.4M	221.0M	221.3M	229.2M	176.5M
Liabilities And Stockholders Equity	7.5B	7.6B	8.1B	8.6B	9.9B	10.3B
Total Liab	4.5B	4.8B	5.5B	5.7B	6.0B	6.3B
Total Current Assets	656.3M	646.9M	1.1B	1.1B	1.1B	632.1M
Accumulated Other Comprehensive Income	(1.3M)	(9.4M)	(12.8M)	23.0M	20.7M	21.7M
Short Term Debt	174.0M	36.1M	91.5M	60.0M	69.0M	135.8M
Other Current Liab	179.6M	115.1M	171.0M	222.7M	19.9M	18.9M
Property Plant And Equipment Net	6.6B	6.7B	6.8B	7.2B	7.5B	3.8B
Retained Earnings	(18.0M)	(379.5M)	(479.6M)	(577.0M)	(602.1M)	(572.0M)
Cash	9.3M	2.9M	15.9M	(209.4M)	20.1M	20.6M
Cash And Short Term Investments	9.3M	2.9M	15.9M	(209.4M)	(188.5M)	(179.0M)
Non Current Liabilities Total	3.6B	4.3B	4.6B	4.7B	5.2B	5.5B
Inventory	93.7M	162.8M	280.7M	300.9M	225.8M	149.5M
Other Current Assets	7.1M	9.9M	14.5M	17.3M	9.8M	9.3M
Other Stockholder Equity	(1.3M)	(9.4M)	(12.8M)	23.0M	20.7M	19.7M
Property Plant And Equipment Gross	6.6B	6.7B	9.8B	10.6B	11.4B	12.0B
Intangible Assets	80.1M	71.3M	63.3M	59.7M	50.4M	39.5M
Common Stock Total Equity	2.6B	2.8B	3.1B	3.2B	3.6B	1.9B
Common Stock	2.8B	3.1B	3.2B	3.4B	3.9B	2.1B
Other Liab	794.9M	905.8M	953.5M	905.6M	1.0B	921.3M
Net Tangible Assets	2.9B	2.6B	2.6B	2.7B	3.1B	2.3B
Other Assets	114.7M	123.2M	118.0M	137.5M	158.1M	120.3M
Long Term Debt	2.6B	3.2B	3.5B	3.7B	3.9B	2.6B
Short Long Term Debt	0.0	137.0M	135.5M	31.8M	186.0M	147.3M
Property Plant Equipment	6.6B	6.7B	6.8B	7.2B	8.3B	5.6B
Long Term Debt Total	2.8B	3.4B	3.6B	3.8B	4.4B	2.9B
Capital Lease Obligations	248.5M	211.9M	183.3M	209.4M	203.5M	159.9M
Non Current Liabilities Other	5.9M	3.7M	1.8M	5.2M	4.6M	4.4M
Net Invested Capital	5.8B	6.0B	6.2B	6.5B	6.9B	6.4B
Net Working Capital	(160.7M)	147.8M	186.2M	108.1M	272.8M	140.2M

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Keyera Cash And Short Term Investments vs Net Debt Analysis

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Debt

Keyera Corp fundamental ratios Correlations

Keyera Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Keyera Corp fundamental ratios Accounts

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

Complementary Tools for Keyera Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Assets Total

Property Plant And Equipment Gross	- 0.93	Retained Earnings
Retained Earnings	- 0.9	Short Long Term Debt Total
Non Current Liabilities Total	- 0.89	Retained Earnings
Good Will	- 0.89	Net Receivables
Retained Earnings	- 0.89	Net Debt
Retained Earnings	- 0.86	Total Liab