CCL Price To Sales Ratio vs Capex To Depreciation Analysis
CCL-B Stock | CAD 70.25 1.46 2.12% |
CCL Industries financial indicator trend analysis is way more than just evaluating CCL Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCL Industries is a good investment. Please check the relationship between CCL Industries Price To Sales Ratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Price To Sales Ratio vs Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCL Industries Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CCL Industries' Price To Sales Ratio and Capex To Depreciation is 0.54. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of CCL Industries, assuming nothing else is changed. The correlation between historical values of CCL Industries' Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of CCL Industries are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., CCL Industries' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing CCL Industries stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CCL Industries sales, a figure that is much harder to manipulate than other CCL Industries multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from CCL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCL Industries 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 CCL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, CCL Industries' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 7.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 728.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.7B | 6.4B | 6.6B | 7.0B | Depreciation And Amortization | 342.4M | 365.3M | 420.1M | 441.1M |
CCL Industries fundamental ratios Correlations
Click cells to compare fundamentals
CCL Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CCL Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 179.1M | 179.8M | 180.9M | 179.2M | 177.8M | 190.2M | |
Total Assets | 7.0B | 7.3B | 7.6B | 8.7B | 8.9B | 9.4B | |
Short Long Term Debt Total | 2.4B | 2.1B | 1.9B | 2.4B | 2.7B | 2.9B | |
Other Current Liab | 496.7M | 542.8M | 587.8M | 568.7M | 654.0M | 686.7M | |
Total Current Liabilities | 1.1B | 1.3B | 1.4B | 1.5B | 1.4B | 778.8M | |
Total Stockholder Equity | 2.9B | 3.3B | 3.7B | 4.3B | 4.6B | 4.9B | |
Property Plant And Equipment Net | 2.0B | 2.0B | 2.1B | 2.4B | 2.7B | 2.8B | |
Net Debt | 1.7B | 1.4B | 1.3B | 1.5B | 1.3B | 841.5M | |
Retained Earnings | 2.5B | 2.9B | 3.4B | 3.7B | 4.1B | 4.3B | |
Accounts Payable | 577.2M | 633.2M | 782.2M | 886.1M | 801.2M | 442.1M | |
Cash | 695.2M | 700.3M | 594.1M | 831.5M | 765.1M | 803.4M | |
Non Current Assets Total | 4.9B | 5.1B | 5.2B | 5.8B | 6.2B | 6.6B | |
Non Currrent Assets Other | 52.4M | 36M | 42.1M | 89.4M | 25.2M | 39.5M | |
Cash And Short Term Investments | 695.2M | 700.3M | 594.1M | 831.5M | 956.2M | 1.0B | |
Net Receivables | 883.2M | 951.8M | 1.1B | 1.1B | 984.7M | 554.4M | |
Liabilities And Stockholders Equity | 7.0B | 7.3B | 7.6B | 8.7B | 10.0B | 10.5B | |
Non Current Liabilities Total | 3.0B | 2.8B | 2.5B | 2.9B | 2.9B | 1.5B | |
Inventory | 481.6M | 533.5M | 677.3M | 785.1M | 732.3M | 768.9M | |
Other Stockholder Equity | 81.5M | 90.1M | 103.6M | 132M | 118.8M | 104.3M | |
Total Liab | 4.1B | 4.1B | 3.9B | 4.4B | 4.3B | 2.3B | |
Total Current Assets | 2.1B | 2.2B | 2.4B | 2.8B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | (89.3M) | (142.2M) | (241.4M) | (65.4M) | (58.9M) | (61.8M) | |
Short Term Debt | 74.1M | 86M | 48M | 46.6M | 53.6M | 66.9M | |
Intangible Assets | 1.0B | 1.0B | 991.1M | 1.0B | 1.0B | 1.1B | |
Good Will | 1.8B | 1.9B | 2.0B | 2.2B | 2.3B | 2.4B | |
Other Current Assets | 45M | 39.1M | 54.5M | 58M | 66.7M | 36.8M | |
Common Stock | 365.5M | 396.8M | 462.1M | 468.4M | 538.7M | 352.9M | |
Other Liab | 646.6M | 783.9M | 659.5M | 582.6M | 670.0M | 521.3M | |
Net Tangible Assets | 74.6M | 356.1M | 780.8M | 1.1B | 1.2B | 1.3B | |
Other Assets | 83.2M | 78.7M | 89.8M | 160.9M | 185.0M | 194.3M | |
Long Term Debt | 2.2B | 1.9B | 1.7B | 2.2B | 2.1B | 1.8B | |
Long Term Investments | 62M | 66.1M | 68.4M | 79.5M | 85M | 75.3M | |
Short Long Term Debt | 38.8M | 51.8M | 15.3M | 6.6M | 6.9M | 6.6M | |
Property Plant Equipment | 2.0B | 2.0B | 2.1B | 2.4B | 2.8B | 1.7B | |
Capital Lease Obligations | 146.2M | 153.4M | 144.6M | 179.6M | 207.7M | 116.0M | |
Net Invested Capital | 5.2B | 5.2B | 5.5B | 6.4B | 6.7B | 6.1B | |
Net Working Capital | 957M | 962.7M | 1.0B | 1.3B | 1.3B | 1.1B | |
Capital Stock | 365.5M | 396.8M | 462.1M | 468.4M | 520.5M | 461.9M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the CCL Industries information on this page should be used as a complementary analysis to other CCL Industries' 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running CCL Industries' price analysis, check to measure CCL Industries' 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 CCL Industries is operating at the current time. Most of CCL Industries' value examination focuses on studying past and present price action to predict the probability of CCL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCL Industries' price. Additionally, you may evaluate how the addition of CCL Industries to your portfolios can decrease your overall portfolio volatility.
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