Canadian Net Receivables vs Property Plant And Equipment Gross Analysis
CP Stock | USD 82.93 0.39 0.47% |
Canadian Pacific financial indicator trend analysis is way more than just evaluating Canadian Pacific Railway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Pacific Railway is a good investment. Please check the relationship between Canadian Pacific Net Receivables and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Net Receivables vs Property Plant And Equipment Gross
Net Receivables vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Pacific Railway Net Receivables account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have totally related.
The correlation between Canadian Pacific's Net Receivables and Property Plant And Equipment Gross is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Canadian Pacific Railway, assuming nothing else is changed. The correlation between historical values of Canadian Pacific's Net Receivables and Property Plant And Equipment Gross 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 Receivables of Canadian Pacific Railway are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Canadian Pacific's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Property Plant And Equipment Gross
Most indicators from Canadian Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Pacific Railway 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 Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At this time, Canadian Pacific's Selling General Administrative is relatively stable compared to the past year. As of 05/11/2024, Sales General And Administrative To Revenue is likely to grow to 0.20, though Tax Provision is likely to grow to (6.8 B).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 4.6B | 6.4B | 3.6B | Total Revenue | 8.0B | 8.8B | 12.6B | 13.2B |
Canadian Pacific fundamental ratios Correlations
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Canadian Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.4B | 23.6B | 68.2B | 73.5B | 79.9B | 83.9B | |
Short Long Term Debt Total | 8.8B | 9.8B | 20.1B | 19.7B | 22.8B | 24.0B | |
Other Current Liab | 1.1B | 1.0B | 1.1B | 1.2B | 60M | 57M | |
Total Current Liabilities | 2.3B | 2.7B | 3.2B | 3.2B | 5.7B | 6.0B | |
Total Stockholder Equity | 7.1B | 7.3B | 33.8B | 38.9B | 41.5B | 43.6B | |
Property Plant And Equipment Net | 19.2B | 20.4B | 21.2B | 22.4B | 50.3B | 52.8B | |
Current Deferred Revenue | 142M | 38M | 34M | 1.7B | 2.0B | 2.1B | |
Net Debt | 8.6B | 9.6B | 20.1B | 19.2B | 22.4B | 23.5B | |
Retained Earnings | 7.6B | 8.1B | 10.4B | 13.2B | 16.4B | 17.2B | |
Accounts Payable | 453M | 401M | 432M | 503M | 680M | 574.3M | |
Non Current Assets Total | 21.2B | 22.3B | 66.8B | 71.6B | 76.9B | 80.7B | |
Non Currrent Assets Other | 451M | 438M | 419M | 3.5B | 235M | 183.4M | |
Cash And Short Term Investments | 133M | 147M | 69M | 451M | 464M | 282.7M | |
Net Receivables | 805M | 825M | 819M | 1.0B | 1.9B | 2.0B | |
Common Stock Shares Outstanding | 696.5M | 680M | 682.8M | 932.9M | 933.7M | 695.6M | |
Liabilities And Stockholders Equity | 22.4B | 23.6B | 68.2B | 73.5B | 79.9B | 83.9B | |
Non Current Liabilities Total | 13.0B | 13.7B | 31.2B | 31.4B | 31.8B | 33.4B | |
Inventory | 182M | 208M | 235M | 284M | 400M | 420M | |
Other Current Assets | 90M | 141M | 216M | 138M | 251M | 263.6M | |
Other Stockholder Equity | 48M | 55M | 66M | 78M | 88M | 83.6M | |
Total Liab | 15.3B | 16.3B | 34.3B | 34.6B | 37.5B | 39.4B | |
Property Plant And Equipment Gross | 19.5B | 20.7B | 30.1B | 31.9B | 60.4B | 63.4B | |
Total Current Assets | 1.2B | 1.3B | 1.4B | 1.9B | 3.0B | 3.2B | |
Accumulated Other Comprehensive Income | (2.5B) | (2.8B) | (2.1B) | 91M | (618M) | (648.9M) | |
Short Term Debt | 599M | 1.2B | 1.6B | 1.5B | 3.2B | 3.4B | |
Common Stock | 2.0B | 2.0B | 25.5B | 25.5B | 25.6B | 26.9B | |
Other Liab | 4.6B | 4.8B | 12.3B | 13.1B | 15.0B | 15.8B | |
Net Tangible Assets | 6.6B | 7.0B | 33.5B | 38.5B | 44.3B | 46.5B | |
Cash | 133M | 147M | 69M | 451M | 464M | 305.8M | |
Other Assets | 1.1B | 22.1B | 67.9B | 71.1B | 81.8B | 85.9B | |
Long Term Debt | 8.0B | 8.6B | 18.6B | 18.1B | 19.4B | 20.3B | |
Long Term Investments | 341M | 199M | 42.5B | 45.3B | 533M | 506.4M | |
Short Long Term Debt | 599M | 1.2B | 1.6B | 1.5B | 3.1B | 3.3B | |
Property Plant Equipment | 19.2B | 20.4B | 21.2B | 22.7B | 26.0B | 14.2B | |
Long Term Debt Total | 8.2B | 8.2B | 8.6B | 18.6B | 21.4B | 10.8B |
Canadian Pacific Investors Sentiment
The influence of Canadian Pacific's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canadian Pacific's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Pacific Railway. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Pacific's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Pacific's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian Pacific's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian Pacific.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Pacific in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Pacific's short interest history, or implied volatility extrapolated from Canadian Pacific options trading.
Pair Trading with Canadian Pacific
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 Pacific 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 Pacific will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
0.66 | VLRS | Volaris | PairCorr |
0.56 | UAL | United Airlines Holdings Financial Report 17th of July 2024 | PairCorr |
0.46 | MESA | Mesa Air Group Financial Report 14th of May 2024 | PairCorr |
0.43 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
0.43 | R | Ryder System | PairCorr |
The ability to find closely correlated positions to Canadian Pacific 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 Pacific 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 Pacific - 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 Pacific Railway to buy it.
The correlation of Canadian Pacific 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 Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway 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 Pacific 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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When running Canadian Pacific's price analysis, check to measure Canadian Pacific'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 Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific'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 Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Pacific. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 0.76 | Earnings Share 3.05 | Revenue Per Share 14.821 | Quarterly Revenue Growth 0.553 |
The market value of Canadian Pacific Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Pacific's value that differs from its market value or its book value, called intrinsic value, which is Canadian Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Pacific's market value can be influenced by many factors that don't directly affect Canadian Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Pacific'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.