Canadian Gross Profit vs Ebitda Analysis

CAR-UN Stock

CAD 46.07 0.15 0.32%

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 Gross Profit and its Ebitda 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.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Apartment Gross Profit account and Ebitda. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Canadian Apartment's Gross Profit and Ebitda is 0.49. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda 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 Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Canadian Apartment Properties are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Canadian Apartment's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canadian Apartment Properties minus its cost of goods sold. It is profit before Canadian Apartment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebitda

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 Expenses	397.9M	418.9M	481.7M	505.8M
Total Revenue	933.1M	1.0B	1.1B	1.1B

Other Operating Expenses Total Revenue

Canadian Apartment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Common Stock	Other Stockholder Equity	Retained Earnings	Total Current Liabilities	Short Term Debt	Intangible Assets	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Other Current Assets	Total Current Assets
Total Assets		0.97	1.0	-0.33	0.98	-0.24	0.31	-0.42	0.39	0.98	0.79	0.99	0.99	-0.31	0.98	-0.32	0.99	0.9	0.85	-0.48	-0.3	0.92	0.88	0.85	0.48	0.62
Short Long Term Debt Total	0.97		0.95	-0.33	0.99	-0.26	0.18	-0.42	0.27	0.97	0.7	0.99	0.99	-0.32	0.98	-0.33	0.93	0.87	0.87	-0.49	-0.32	0.84	0.8	0.79	0.43	0.52
Total Stockholder Equity	1.0	0.95		-0.34	0.96	-0.24	0.35	-0.41	0.43	0.97	0.79	0.98	0.98	-0.32	0.97	-0.32	0.99	0.9	0.84	-0.45	-0.28	0.94	0.9	0.85	0.47	0.65
Property Plant And Equipment Net	-0.33	-0.33	-0.34		-0.35	0.92	-0.1	-0.05	-0.15	-0.28	-0.32	-0.32	-0.32	1.0	-0.28	1.0	-0.32	-0.24	-0.07	-0.02	-0.08	-0.34	-0.38	-0.36	-0.14	-0.21
Net Debt	0.98	0.99	0.96	-0.35		-0.26	0.16	-0.42	0.25	0.97	0.76	0.99	1.0	-0.33	0.97	-0.34	0.95	0.89	0.86	-0.52	-0.35	0.87	0.8	0.82	0.48	0.51
Accounts Payable	-0.24	-0.26	-0.24	0.92	-0.26		0.08	-0.31	0.02	-0.16	-0.11	-0.24	-0.23	0.92	-0.17	0.93	-0.26	-0.18	-0.04	-0.31	-0.39	-0.27	-0.27	-0.3	-0.12	-0.07
Cash	0.31	0.18	0.35	-0.1	0.16	0.08		-0.4	0.99	0.35	0.35	0.25	0.24	-0.11	0.34	-0.1	0.33	0.21	0.14	-0.14	-0.14	0.35	0.59	0.28	0.16	0.89
Other Assets	-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	-0.51	0.86	0.86	-0.34	-0.52	-0.27	-0.22	-0.41
Cash And Short Term Investments	0.39	0.27	0.43	-0.15	0.25	0.02	0.99	-0.39		0.43	0.38	0.33	0.32	-0.15	0.42	-0.15	0.4	0.26	0.2	-0.14	-0.12	0.41	0.65	0.35	0.18	0.92
Common Stock Total Equity	0.98	0.97	0.97	-0.28	0.97	-0.16	0.35	-0.53	0.43		0.77	0.98	0.98	-0.26	1.0	-0.26	0.95	0.87	0.86	-0.54	-0.39	0.87	0.89	0.82	0.4	0.63
Common Stock Shares Outstanding	0.79	0.7	0.79	-0.32	0.76	-0.11	0.35	-0.58	0.38	0.77		0.77	0.77	-0.32	0.76	-0.29	0.77	0.8	0.57	-0.7	-0.6	0.88	0.71	0.81	0.41	0.55
Non Current Liabilities Total	0.99	0.99	0.98	-0.32	0.99	-0.24	0.25	-0.42	0.33	0.98	0.77		1.0	-0.31	0.98	-0.31	0.97	0.88	0.85	-0.5	-0.33	0.9	0.84	0.84	0.49	0.58
Total Liab	0.99	0.99	0.98	-0.32	1.0	-0.23	0.24	-0.44	0.32	0.98	0.77	1.0		-0.3	0.98	-0.31	0.97	0.9	0.87	-0.52	-0.34	0.89	0.83	0.83	0.48	0.57
Property Plant And Equipment Gross	-0.31	-0.32	-0.32	1.0	-0.33	0.92	-0.11	-0.05	-0.15	-0.26	-0.32	-0.31	-0.3		-0.26	0.99	-0.31	-0.23	-0.05	-0.02	-0.08	-0.33	-0.37	-0.35	-0.14	-0.2
Common Stock	0.98	0.98	0.97	-0.28	0.97	-0.17	0.34	-0.51	0.42	1.0	0.76	0.98	0.98	-0.26		-0.26	0.95	0.87	0.86	-0.54	-0.38	0.87	0.88	0.82	0.4	0.63
Other Stockholder Equity	-0.32	-0.33	-0.32	1.0	-0.34	0.93	-0.1	-0.1	-0.15	-0.26	-0.29	-0.31	-0.31	0.99	-0.26		-0.31	-0.23	-0.06	-0.05	-0.11	-0.32	-0.34	-0.35	-0.15	-0.21
Retained Earnings	0.99	0.93	0.99	-0.32	0.95	-0.26	0.33	-0.33	0.4	0.95	0.77	0.97	0.97	-0.31	0.95	-0.31		0.9	0.83	-0.39	-0.21	0.94	0.87	0.84	0.49	0.63
Total Current Liabilities	0.9	0.87	0.9	-0.24	0.89	-0.18	0.21	-0.49	0.26	0.87	0.8	0.88	0.9	-0.23	0.87	-0.23	0.9		0.92	-0.56	-0.4	0.9	0.76	0.73	0.43	0.51
Short Term Debt	0.85	0.87	0.84	-0.07	0.86	-0.04	0.14	-0.51	0.2	0.86	0.57	0.85	0.87	-0.05	0.86	-0.06	0.83	0.92		-0.52	-0.37	0.73	0.72	0.56	0.32	0.42
Intangible Assets	-0.48	-0.49	-0.45	-0.02	-0.52	-0.31	-0.14	0.86	-0.14	-0.54	-0.7	-0.5	-0.52	-0.02	-0.54	-0.05	-0.39	-0.56	-0.52		0.98	-0.41	-0.36	-0.36	-0.16	-0.2
Other Current Liab	-0.3	-0.32	-0.28	-0.08	-0.35	-0.39	-0.14	0.86	-0.12	-0.39	-0.6	-0.33	-0.34	-0.08	-0.38	-0.11	-0.21	-0.4	-0.37	0.98		-0.24	-0.23	-0.21	-0.04	-0.12
Non Current Assets Total	0.92	0.84	0.94	-0.34	0.87	-0.27	0.35	-0.34	0.41	0.87	0.88	0.9	0.89	-0.33	0.87	-0.32	0.94	0.9	0.73	-0.41	-0.24		0.83	0.88	0.51	0.65
Non Currrent Assets Other	0.88	0.8	0.9	-0.38	0.8	-0.27	0.59	-0.52	0.65	0.89	0.71	0.84	0.83	-0.37	0.88	-0.34	0.87	0.76	0.72	-0.36	-0.23	0.83		0.74	0.35	0.77
Net Receivables	0.85	0.79	0.85	-0.36	0.82	-0.3	0.28	-0.27	0.35	0.82	0.81	0.84	0.83	-0.35	0.82	-0.35	0.84	0.73	0.56	-0.36	-0.21	0.88	0.74		0.46	0.56
Other Current Assets	0.48	0.43	0.47	-0.14	0.48	-0.12	0.16	-0.22	0.18	0.4	0.41	0.49	0.48	-0.14	0.4	-0.15	0.49	0.43	0.32	-0.16	-0.04	0.51	0.35	0.46		0.46
Total Current Assets	0.62	0.52	0.65	-0.21	0.51	-0.07	0.89	-0.41	0.92	0.63	0.55	0.58	0.57	-0.2	0.63	-0.21	0.63	0.51	0.42	-0.2	-0.12	0.65	0.77	0.56	0.46

Click cells to compare fundamentals

Canadian Apartment Account Relationship Matchups

Canadian Apartment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.0B	15.5B	17.7B	17.7B	17.0B	17.8B
Short Long Term Debt Total	5.0B	5.6B	6.5B	7.0B	8.1B	8.5B
Total Stockholder Equity	8.4B	9.3B	10.4B	10.0B	9.3B	9.7B
Property Plant And Equipment Net	16.7M	17.7M	17.2M	15.7M	15.5M	14.8M
Net Debt	4.5B	5.4B	6.4B	7.0B	7.0B	7.4B
Accounts Payable	116.5M	58.4M	56.8M	55.3M	41.7M	65.8M
Cash	477.3M	121.7M	73.4M	47.3M	29.5M	28.1M
Other Assets	7.1M	2.5M	121.3M	56.4M	50.8M	48.3M
Cash And Short Term Investments	477.3M	121.7M	73.4M	51.7M	59.4M	56.3M
Common Stock Total Equity	2.5B	2.9B	4.0B	4.1B	4.7B	5.0B
Common Stock Shares Outstanding	159.1M	171.7M	175.8M	174.4M	167.6M	94.5M
Liabilities And Stockholders Equity	14.0B	15.5B	17.7B	17.7B	20.4B	21.4B
Non Current Liabilities Total	4.9B	5.4B	6.3B	6.8B	6.7B	7.0B
Total Liab	5.6B	6.2B	7.3B	7.7B	7.7B	8.1B
Property Plant And Equipment Gross	16.7M	17.7M	50.8M	55.5M	63.6M	60.4M
Common Stock	4.0B	4.1B	4.2B	4.2B	4.8B	5.1B
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 Earnings	4.4B	5.1B	6.2B	5.8B	5.1B	5.3B
Total Current Liabilities	665.3M	862.3M	991.2M	967.0M	988.4M	729.2M
Short Term Debt	437.6M	605.0M	644.6M	614.5M	706.6M	742.0M
Other Current Liab	111.2M	184.5M	274.1M	281.9M	161.5M	217.0M
Non Current Assets Total	13.5B	15.3B	17.6B	17.5B	16.8B	9.4B
Non Currrent Assets Other	26.4B	30.0B	17.2B	17.3B	19.9B	20.8B
Net Receivables	14.0M	15.4M	17.9M	17.7M	16.5M	12.4M
Other Current Assets	44.8M	29.6M	8.1M	164.0M	17.0M	31.8M
Total Current Assets	536.1M	166.7M	137.2M	249.6M	189.4M	116.5M
Other Liab	411.6M	402.6M	504.9M	370.9M	426.6M	447.9M
Net Tangible Assets	8.4B	9.3B	10.4B	10.0B	11.5B	6.9B
Long Term Debt	4.5B	4.9B	5.8B	6.4B	6.4B	4.7B
Deferred Long Term Liab	1.3M	451K	1.3M	1.5M	1.4M	1.3M
Long Term Investments	266.0M	294.4M	297.8M	203.9M	176.5M	198.0M
Short Long Term Debt	436.4M	603.8M	643.5M	613.3M	651.4M	508.1M
Property Plant Equipment	13.1B	15.0B	17.1B	17.2B	19.7B	11.8B
Net Invested Capital	13.3B	14.8B	16.8B	17.0B	16.3B	15.4B
Net Working Capital	(129.2M)	(679.4M)	(854.0M)	(717.4M)	(799.0M)	(838.9M)
Capital Stock	4.0B	4.1B	4.2B	4.2B	4.2B	4.3B

Pair Trading with Canadian Apartment

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 Canadian Apartment 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 Canadian Apartment will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

0.74	FFH-PH	Fairfax Financial	Pair Corr
0.72	GOOG	Alphabet CDR	Pair Corr
0.65	BOFA	Bank of America	Pair Corr
0.62	GS	GOLDMAN SACHS CDR	Pair Corr
0.6	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Canadian Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Apartment 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 Canadian Apartment - 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 Canadian Apartment Properties to buy it.

The correlation of Canadian Apartment 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 Canadian Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Apartment 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 Canadian Apartment 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.

Pair Correlation Correlation Matching

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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Canadian Stock analysis

When running Canadian Apartment's price analysis, check to measure Canadian Apartment'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 Canadian Apartment is operating at the current time. Most of Canadian Apartment's value examination focuses on studying past and present price action to predict the probability of Canadian Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Apartment's price. Additionally, you may evaluate how the addition of Canadian Apartment to your portfolios can decrease your overall portfolio volatility.

	Bonds Directory Find actively traded corporate debentures issued by US companies
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Commodity Directory Find actively traded commodities issued by global exchanges
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Canadian Gross Profit vs Ebitda Analysis

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

Correlation Coefficient

Gross Profit

Ebitda

Canadian Apartment fundamental ratios Correlations

Canadian Apartment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Apartment fundamental ratios Accounts

Pair Trading with Canadian Apartment

Moving against Canadian Stock

Complementary Tools for Canadian Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Net Debt
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total

Intangible Assets	- 0.7	Common Stock Shares Outstanding
Other Current Liab	- 0.6	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.58	Other Assets
Intangible Assets	- 0.56	Total Current Liabilities
Intangible Assets	- 0.54	Common Stock
Intangible Assets	- 0.54	Common Stock Total Equity