Canadian Net Debt vs Common Stock Shares Outstanding Analysis

CAR-UN Stock  CAD 44.43  0.26  0.58%   
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 Net Debt and its Common Stock Shares Outstanding 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.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Apartment Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Canadian Apartment's Net Debt and Common Stock Shares Outstanding is 0.76. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Net Debt and Common Stock Shares Outstanding 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 Debt of Canadian Apartment Properties are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Canadian Apartment's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
CEOs Directory
Screen CEOs from public companies around the world
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
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.