CAE Net Tangible Assets vs Short Term Debt Analysis
CAE Stock | USD 20.47 0.28 1.39% |
CAE financial indicator trend analysis is way more than just evaluating CAE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAE Inc is a good investment. Please check the relationship between CAE Net Tangible Assets and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Net Tangible Assets vs Short Term Debt
Net Tangible Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAE Inc Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CAE's Net Tangible Assets and Short Term Debt is 0.11. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of CAE Inc, assuming nothing else is changed. The correlation between historical values of CAE's Net Tangible Assets 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 Net Tangible Assets of CAE Inc 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 Net Tangible Assets i.e., CAE's Net Tangible Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Short Term Debt
Most indicators from CAE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAE Inc 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 CAE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At present, CAE's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 12.1 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.10.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 113M | 177.7M | 159.9M | 87.9M | Depreciation And Amortization | 310.5M | 342.2M | 393.5M | 413.2M |
CAE fundamental ratios Correlations
Click cells to compare fundamentals
CAE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CAE fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.5B | 8.7B | 9.6B | 10.4B | 12.0B | 12.6B | |
Short Long Term Debt Total | 3.3B | 2.4B | 3.0B | 3.3B | 3.7B | 3.9B | |
Other Current Liab | 555M | 796.7M | 608.7M | 89.7M | 103.2M | 98.0M | |
Total Current Liabilities | 2.1B | 2.6B | 2.1B | 2.2B | 2.6B | 2.7B | |
Total Stockholder Equity | 2.5B | 3.1B | 4.0B | 4.5B | 5.2B | 5.4B | |
Property Plant And Equipment Net | 2.5B | 2.3B | 2.5B | 2.8B | 3.2B | 3.4B | |
Net Debt | 2.4B | 1.4B | 2.7B | 3.0B | 3.5B | 3.7B | |
Retained Earnings | 1.6B | 1.5B | 1.8B | 2.1B | 2.4B | 2.5B | |
Accounts Payable | 539.7M | 945.6M | 436.2M | 1.0B | 1.2B | 1.3B | |
Cash | 946.5M | 926.1M | 346.1M | 217.6M | 250.2M | 287.6M | |
Non Current Assets Total | 5.7B | 5.4B | 7.4B | 8.2B | 9.4B | 9.9B | |
Non Currrent Assets Other | 523.5M | 509M | 560.2M | 680.9M | 783.0M | 822.2M | |
Cash And Short Term Investments | 946.5M | 926.1M | 346.1M | 217.6M | 250.2M | 295.6M | |
Net Receivables | 1.2B | 1.0B | 1.2B | 1.4B | 1.6B | 1.6B | |
Common Stock Shares Outstanding | 267.6M | 272.0M | 312.9M | 318.4M | 366.2M | 275.3M | |
Liabilities And Stockholders Equity | 8.5B | 8.7B | 9.6B | 10.4B | 12.0B | 12.6B | |
Non Current Liabilities Total | 3.8B | 2.9B | 3.4B | 3.6B | 4.1B | 4.3B | |
Inventory | 616.2M | 647.8M | 519.8M | 583.4M | 670.9M | 704.5M | |
Other Current Assets | 80.1M | 784.4M | 84.3M | 76.2M | 87.6M | 99.5M | |
Other Stockholder Equity | (2.3B) | (3.1B) | (4.0B) | (4.3B) | (3.9B) | (3.7B) | |
Total Liab | 5.9B | 5.5B | 5.5B | 5.8B | 6.7B | 7.1B | |
Property Plant And Equipment Gross | 2.5B | 2.3B | 3.7B | 2.8B | 3.2B | 3.4B | |
Total Current Assets | 2.8B | 3.4B | 2.1B | 2.2B | 2.6B | 2.7B | |
Accumulated Other Comprehensive Income | 193.2M | 58.1M | (31.2M) | 167.2M | 192.3M | 201.9M | |
Short Term Debt | 206.2M | 216.3M | 241.8M | 214.6M | 246.8M | 259.1M | |
Intangible Assets | 971.2M | 882.6M | 1.3B | 1.4B | 1.6B | 1.7B | |
Other Liab | 737M | 767.1M | 596.6M | 565.4M | 650.2M | 420.2M | |
Net Tangible Assets | 682.7M | 1.3B | 447.8M | 751.6M | 864.3M | 907.6M | |
Other Assets | 857.5M | 829.6M | 912M | 273.1M | 314.1M | 353.2M | |
Long Term Debt | 2.7B | 2.1B | 2.5B | 3.0B | 3.5B | 3.7B | |
Good Will | 1.1B | 1.2B | 2.5B | 2.7B | 3.1B | 3.2B | |
Common Stock Total Equity | 633.2M | 649.6M | 679.5M | 1.5B | 1.7B | 1.8B | |
Deferred Long Term Liab | 249.5M | 215.7M | 234.4M | 294.7M | 338.9M | 355.9M | |
Long Term Investments | 460.6M | 422.2M | 454M | 530.7M | 610.3M | 640.8M | |
Short Long Term Debt | 93.5M | 216.3M | 142.8M | 214.6M | 246.8M | 259.1M | |
Common Stock | 679.5M | 1.5B | 2.2B | 2.2B | 2.6B | 2.7B | |
Property Plant Equipment | 2.5B | 2.3B | 2.5B | 2.8B | 3.2B | 3.4B | |
Current Deferred Revenue | 761.4M | 674.7M | 804.5M | 905.7M | 1.0B | 1.1B | |
Long Term Debt Total | 3.1B | 2.1B | 2.8B | 3.0B | 3.5B | 2.2B | |
Capital Surpluse | 26.9M | 22.5M | 38.6M | 42.1M | 48.4M | 28.0M |
CAE Investors Sentiment
The influence of CAE's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CAE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CAE's public news can be used to forecast risks associated with an investment in CAE. The trend in average sentiment can be used to explain how an investor holding CAE can time the market purely based on public headlines and social activities around CAE Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CAE's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CAE's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CAE's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CAE.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CAE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CAE's short interest history, or implied volatility extrapolated from CAE options trading.
Pair Trading with CAE
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CAE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CAE will appreciate offsetting losses from the drop in the long position's value.Moving against CAE Stock
0.46 | AIR | AAR Corp Financial Report 16th of July 2024 | PairCorr |
0.41 | SATLW | Satellogic Warrant | PairCorr |
The ability to find closely correlated positions to CAE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CAE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CAE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CAE Inc to buy it.
The correlation of CAE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CAE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAE Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CAE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the CAE Inc information on this page should be used as a complementary analysis to other CAE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for CAE Stock analysis
When running CAE's price analysis, check to measure CAE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CAE is operating at the current time. Most of CAE's value examination focuses on studying past and present price action to predict the probability of CAE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAE's price. Additionally, you may evaluate how the addition of CAE to your portfolios can decrease your overall portfolio volatility.
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Is CAE'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 CAE. If investors know CAE 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 CAE 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 (0.29) | Earnings Share 0.63 | Revenue Per Share 14.294 | Quarterly Revenue Growth 0.128 | Return On Assets 0.0327 |
The market value of CAE Inc is measured differently than its book value, which is the value of CAE that is recorded on the company's balance sheet. Investors also form their own opinion of CAE's value that differs from its market value or its book value, called intrinsic value, which is CAE'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 CAE's market value can be influenced by many factors that don't directly affect CAE'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 CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE'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.