Canadian Accounts Payable vs Cash Analysis

CAR-UN Stock  CAD 44.71  0.62  1.37%   
Canadian Apartment financial indicator trend analysis is way more than just evaluating Canadian Apartment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Apartment is a good investment. Please check the relationship between Canadian Apartment Accounts Payable and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Apartment Accounts Payable account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Canadian Apartment's Accounts Payable and Cash is 0.08. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Canadian Apartment Properties, assuming nothing else is changed. The correlation between historical values of Canadian Apartment's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Canadian Apartment Properties are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Canadian Apartment's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Canadian Apartment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Canadian Apartment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Canadian Apartment, which is listed under current asset account on Canadian Apartment Properties balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Canadian Apartment customers. The amounts must be unrestricted with restricted cash listed in a different Canadian Apartment account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Canadian Apartment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Apartment 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 Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
The current year's Enterprise Value is expected to grow to about 1 B, whereas Selling General Administrative is forecasted to decline to about 7.8 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses397.9M418.9M481.7M505.8M
Total Revenue933.1M1.0B1.1B1.1B

Canadian Apartment fundamental ratios Correlations

0.971.0-0.330.98-0.240.31-0.420.390.980.790.990.99-0.310.98-0.320.990.90.85-0.48-0.30.920.880.850.480.62
0.970.95-0.330.99-0.260.18-0.420.270.970.70.990.99-0.320.98-0.330.930.870.87-0.49-0.320.840.80.790.430.52
1.00.95-0.340.96-0.240.35-0.410.430.970.790.980.98-0.320.97-0.320.990.90.84-0.45-0.280.940.90.850.470.65
-0.33-0.33-0.34-0.350.92-0.1-0.05-0.15-0.28-0.32-0.32-0.321.0-0.281.0-0.32-0.24-0.07-0.02-0.08-0.34-0.38-0.36-0.14-0.21
0.980.990.96-0.35-0.260.16-0.420.250.970.760.991.0-0.330.97-0.340.950.890.86-0.52-0.350.870.80.820.480.51
-0.24-0.26-0.240.92-0.260.08-0.310.02-0.16-0.11-0.24-0.230.92-0.170.93-0.26-0.18-0.04-0.31-0.39-0.27-0.27-0.3-0.12-0.07
0.310.180.35-0.10.160.08-0.40.990.350.350.250.24-0.110.34-0.10.330.210.14-0.14-0.140.350.590.280.160.89
-0.42-0.42-0.41-0.05-0.42-0.31-0.4-0.39-0.53-0.58-0.42-0.44-0.05-0.51-0.1-0.33-0.49-0.510.860.86-0.34-0.52-0.27-0.22-0.41
0.390.270.43-0.150.250.020.99-0.390.430.380.330.32-0.150.42-0.150.40.260.2-0.14-0.120.410.650.350.180.92
0.980.970.97-0.280.97-0.160.35-0.530.430.770.980.98-0.261.0-0.260.950.870.86-0.54-0.390.870.890.820.40.63
0.790.70.79-0.320.76-0.110.35-0.580.380.770.770.77-0.320.76-0.290.770.80.57-0.7-0.60.880.710.810.410.55
0.990.990.98-0.320.99-0.240.25-0.420.330.980.771.0-0.310.98-0.310.970.880.85-0.5-0.330.90.840.840.490.58
0.990.990.98-0.321.0-0.230.24-0.440.320.980.771.0-0.30.98-0.310.970.90.87-0.52-0.340.890.830.830.480.57
-0.31-0.32-0.321.0-0.330.92-0.11-0.05-0.15-0.26-0.32-0.31-0.3-0.260.99-0.31-0.23-0.05-0.02-0.08-0.33-0.37-0.35-0.14-0.2
0.980.980.97-0.280.97-0.170.34-0.510.421.00.760.980.98-0.26-0.260.950.870.86-0.54-0.380.870.880.820.40.63
-0.32-0.33-0.321.0-0.340.93-0.1-0.1-0.15-0.26-0.29-0.31-0.310.99-0.26-0.31-0.23-0.06-0.05-0.11-0.32-0.34-0.35-0.15-0.21
0.990.930.99-0.320.95-0.260.33-0.330.40.950.770.970.97-0.310.95-0.310.90.83-0.39-0.210.940.870.840.490.63
0.90.870.9-0.240.89-0.180.21-0.490.260.870.80.880.9-0.230.87-0.230.90.92-0.56-0.40.90.760.730.430.51
0.850.870.84-0.070.86-0.040.14-0.510.20.860.570.850.87-0.050.86-0.060.830.92-0.52-0.370.730.720.560.320.42
-0.48-0.49-0.45-0.02-0.52-0.31-0.140.86-0.14-0.54-0.7-0.5-0.52-0.02-0.54-0.05-0.39-0.56-0.520.98-0.41-0.36-0.36-0.16-0.2
-0.3-0.32-0.28-0.08-0.35-0.39-0.140.86-0.12-0.39-0.6-0.33-0.34-0.08-0.38-0.11-0.21-0.4-0.370.98-0.24-0.23-0.21-0.04-0.12
0.920.840.94-0.340.87-0.270.35-0.340.410.870.880.90.89-0.330.87-0.320.940.90.73-0.41-0.240.830.880.510.65
0.880.80.9-0.380.8-0.270.59-0.520.650.890.710.840.83-0.370.88-0.340.870.760.72-0.36-0.230.830.740.350.77
0.850.790.85-0.360.82-0.30.28-0.270.350.820.810.840.83-0.350.82-0.350.840.730.56-0.36-0.210.880.740.460.56
0.480.430.47-0.140.48-0.120.16-0.220.180.40.410.490.48-0.140.4-0.150.490.430.32-0.16-0.040.510.350.460.46
0.620.520.65-0.210.51-0.070.89-0.410.920.630.550.580.57-0.20.63-0.210.630.510.42-0.2-0.120.650.770.560.46
Click cells to compare fundamentals

Canadian Apartment Account Relationship Matchups

Canadian Apartment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0B15.5B17.7B17.7B17.0B17.8B
Short Long Term Debt Total5.0B5.6B6.5B7.0B8.1B8.5B
Total Stockholder Equity8.4B9.3B10.4B10.0B9.3B9.7B
Property Plant And Equipment Net16.7M17.7M17.2M15.7M15.5M14.8M
Net Debt4.5B5.4B6.4B7.0B7.0B7.4B
Accounts Payable116.5M58.4M56.8M55.3M41.7M65.8M
Cash477.3M121.7M73.4M47.3M29.5M28.1M
Other Assets7.1M2.5M121.3M56.4M50.8M48.3M
Cash And Short Term Investments477.3M121.7M73.4M51.7M59.4M56.3M
Common Stock Total Equity2.5B2.9B4.0B4.1B4.7B5.0B
Common Stock Shares Outstanding159.1M171.7M175.8M174.4M167.6M94.5M
Liabilities And Stockholders Equity14.0B15.5B17.7B17.7B20.4B21.4B
Non Current Liabilities Total4.9B5.4B6.3B6.8B6.7B7.0B
Total Liab5.6B6.2B7.3B7.7B7.7B8.1B
Property Plant And Equipment Gross16.7M17.7M50.8M55.5M63.6M60.4M
Common Stock4.0B4.1B4.2B4.2B4.8B5.1B
Other Stockholder Equity(19.5M)70.0M(43.4M)(25.9M)(23.3M)(22.1M)
Accumulated Other Comprehensive Income(19.5M)70.0M(43.4M)(25.9M)(29.8M)(31.2M)
Retained Earnings4.4B5.1B6.2B5.8B5.1B5.3B
Total Current Liabilities665.3M862.3M991.2M967.0M988.4M729.2M
Short Term Debt437.6M605.0M644.6M614.5M706.6M742.0M
Other Current Liab111.2M184.5M274.1M281.9M161.5M217.0M
Non Current Assets Total13.5B15.3B17.6B17.5B16.8B9.4B
Non Currrent Assets Other26.4B30.0B17.2B17.3B19.9B20.8B
Net Receivables14.0M15.4M17.9M17.7M16.5M12.4M
Other Current Assets44.8M29.6M8.1M164.0M17.0M31.8M
Total Current Assets536.1M166.7M137.2M249.6M189.4M116.5M
Other Liab411.6M402.6M504.9M370.9M426.6M447.9M
Net Tangible Assets8.4B9.3B10.4B10.0B11.5B6.9B
Long Term Debt4.5B4.9B5.8B6.4B6.4B4.7B
Deferred Long Term Liab1.3M451K1.3M1.5M1.4M1.3M
Long Term Investments266.0M294.4M297.8M203.9M176.5M198.0M
Short Long Term Debt436.4M603.8M643.5M613.3M651.4M508.1M
Property Plant Equipment13.1B15.0B17.1B17.2B19.7B11.8B
Net Invested Capital13.3B14.8B16.8B17.0B16.3B15.4B
Net Working Capital(129.2M)(679.4M)(854.0M)(717.4M)(799.0M)(838.9M)
Capital Stock4.0B4.1B4.2B4.2B4.2B4.3B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Please note, there is a significant difference between Canadian Apartment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Apartment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Apartment'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.