Canadian Short Term Debt vs Other Current Assets 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 Short Term Debt and its Other Current Assets 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.

Short Term Debt vs Other Current Assets

Short Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Apartment Short Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Canadian Apartment's Short Term Debt and Other Current Assets is 0.32. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Current Assets 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 Short Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Canadian Apartment Properties are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Debt i.e., Canadian Apartment's Short Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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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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.