Copa Pretax Profit Margin vs Gross Profit Margin Analysis

CPA Stock

USD 98.95 0.19 0.19%

Copa Holdings financial indicator trend analysis is way more than just evaluating Copa Holdings SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copa Holdings SA is a good investment. Please check the relationship between Copa Holdings Pretax Profit Margin and its Gross Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copa Holdings SA. 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.

Pretax Profit Margin vs Gross Profit Margin

Pretax Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Copa Holdings SA Pretax Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Copa Holdings' Pretax Profit Margin and Gross Profit Margin is 0.95. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Copa Holdings SA, assuming nothing else is changed. The correlation between historical values of Copa Holdings' Pretax Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Copa Holdings SA are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Copa Holdings' Pretax Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Pretax Profit Margin

Gross Profit Margin

Most indicators from Copa Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copa Holdings SA 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 Copa Holdings SA. 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 present, Copa Holdings' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 101.2 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	959.9M	1.9B	2.3B	2.4B
Other Operating Expenses	1.4B	2.5B	2.6B	1.7B

Cost Of Revenue Other Operating Expenses

Copa Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Short Term Investments	Inventory	Common Stock
Total Assets		0.93	0.86	0.99	0.88	0.99	0.12	0.71	0.1	0.82	-0.13	-0.46	0.92	0.65	0.93	0.69	0.98	0.45	0.89	0.81	0.39	0.11	0.87	0.79	0.7	0.02
Short Long Term Debt Total	0.93		0.64	0.94	0.98	0.93	-0.02	0.64	0.07	0.96	-0.08	-0.55	0.98	0.69	0.85	0.74	0.91	0.63	0.69	0.77	0.27	0.03	0.96	0.75	0.73	-0.01
Total Stockholder Equity	0.86	0.64		0.85	0.54	0.86	0.42	0.72	0.07	0.42	-0.12	-0.16	0.6	0.46	0.76	0.4	0.81	0.05	0.99	0.71	0.57	0.28	0.58	0.55	0.52	0.04
Property Plant And Equipment Net	0.99	0.94	0.85		0.88	0.99	0.08	0.74	0.06	0.81	-0.06	-0.49	0.91	0.7	0.89	0.74	0.97	0.49	0.89	0.86	0.41	0.16	0.88	0.74	0.75	-0.02
Net Debt	0.88	0.98	0.54	0.88		0.87	-0.13	0.57	0.09	0.97	-0.05	-0.58	0.98	0.67	0.82	0.75	0.88	0.68	0.6	0.72	0.07	-0.02	0.94	0.77	0.7	0.01
Non Current Assets Total	0.99	0.93	0.86	0.99	0.87		0.14	0.73	0.08	0.8	-0.08	-0.46	0.9	0.68	0.86	0.67	0.96	0.44	0.9	0.84	0.42	0.11	0.88	0.7	0.72	-0.02
Non Currrent Assets Other	0.12	-0.02	0.42	0.08	-0.13	0.14		0.49	0.23	-0.2	-0.18	0.4	-0.13	-0.12	0.06	-0.55	0.0	-0.58	0.33	0.19	0.44	0.25	0.04	-0.11	-0.18	0.23
Net Receivables	0.71	0.64	0.72	0.74	0.57	0.73	0.49		0.18	0.47	0.08	-0.16	0.57	0.57	0.59	0.29	0.68	0.1	0.71	0.88	0.38	0.26	0.68	0.42	0.47	0.15
Common Stock Shares Outstanding	0.1	0.07	0.07	0.06	0.09	0.08	0.23	0.18		0.1	-0.74	-0.3	0.11	-0.46	0.11	-0.13	0.04	-0.49	0.06	0.08	-0.13	0.02	0.05	0.12	-0.52	0.82
Non Current Liabilities Total	0.82	0.96	0.42	0.81	0.97	0.8	-0.2	0.47	0.1		-0.13	-0.64	0.97	0.64	0.79	0.76	0.81	0.73	0.49	0.63	0.08	-0.09	0.9	0.76	0.67	-0.03
Other Current Assets	-0.13	-0.08	-0.12	-0.06	-0.05	-0.08	-0.18	0.08	-0.74	-0.13		0.35	-0.12	0.47	-0.21	0.06	-0.02	0.38	-0.12	0.16	-0.15	-0.05	0.05	-0.19	0.44	-0.51
Other Stockholder Equity	-0.46	-0.55	-0.16	-0.49	-0.58	-0.46	0.4	-0.16	-0.3	-0.64	0.35		-0.61	-0.35	-0.41	-0.7	-0.48	-0.45	-0.29	-0.37	0.02	-0.06	-0.43	-0.42	-0.39	0.07
Total Liab	0.92	0.98	0.6	0.91	0.98	0.9	-0.13	0.57	0.11	0.97	-0.12	-0.61		0.67	0.88	0.79	0.93	0.67	0.66	0.74	0.18	-0.04	0.93	0.82	0.72	0.0
Property Plant And Equipment Gross	0.65	0.69	0.46	0.7	0.67	0.68	-0.12	0.57	-0.46	0.64	0.47	-0.35	0.67		0.53	0.61	0.7	0.78	0.53	0.7	0.24	-0.14	0.73	0.47	0.95	-0.59
Total Current Assets	0.93	0.85	0.76	0.89	0.82	0.86	0.06	0.59	0.11	0.79	-0.21	-0.41	0.88	0.53		0.67	0.92	0.45	0.79	0.66	0.26	0.09	0.75	0.94	0.63	0.08
Other Current Liab	0.69	0.74	0.4	0.74	0.75	0.67	-0.55	0.29	-0.13	0.76	0.06	-0.7	0.79	0.61	0.67		0.75	0.76	0.49	0.6	0.13	0.16	0.63	0.64	0.73	-0.18
Total Current Liabilities	0.98	0.91	0.81	0.97	0.88	0.96	0.0	0.68	0.04	0.81	-0.02	-0.48	0.93	0.7	0.92	0.75		0.53	0.85	0.83	0.31	0.03	0.86	0.83	0.76	-0.03
Other Liab	0.45	0.63	0.05	0.49	0.68	0.44	-0.58	0.1	-0.49	0.73	0.38	-0.45	0.67	0.78	0.45	0.76	0.53		0.15	0.37	-0.05	-0.22	0.61	0.5	0.82	-0.54
Retained Earnings	0.89	0.69	0.99	0.89	0.6	0.9	0.33	0.71	0.06	0.49	-0.12	-0.29	0.66	0.53	0.79	0.49	0.85	0.15		0.74	0.55	0.26	0.61	0.59	0.59	-0.03
Accounts Payable	0.81	0.77	0.71	0.86	0.72	0.84	0.19	0.88	0.08	0.63	0.16	-0.37	0.74	0.7	0.66	0.6	0.83	0.37	0.74		0.37	0.25	0.79	0.52	0.67	0.02
Cash	0.39	0.27	0.57	0.41	0.07	0.42	0.44	0.38	-0.13	0.08	-0.15	0.02	0.18	0.24	0.26	0.13	0.31	-0.05	0.55	0.37		0.21	0.27	0.0	0.28	-0.16
Other Assets	0.11	0.03	0.28	0.16	-0.02	0.11	0.25	0.26	0.02	-0.09	-0.05	-0.06	-0.04	-0.14	0.09	0.16	0.03	-0.22	0.26	0.25	0.21		-0.11	-0.08	-0.01	0.16
Long Term Debt	0.87	0.96	0.58	0.88	0.94	0.88	0.04	0.68	0.05	0.9	0.05	-0.43	0.93	0.73	0.75	0.63	0.86	0.61	0.61	0.79	0.27	-0.11		0.65	0.71	0.01
Short Term Investments	0.79	0.75	0.55	0.74	0.77	0.7	-0.11	0.42	0.12	0.76	-0.19	-0.42	0.82	0.47	0.94	0.64	0.83	0.5	0.59	0.52	0.0	-0.08	0.65		0.56	0.08
Inventory	0.7	0.73	0.52	0.75	0.7	0.72	-0.18	0.47	-0.52	0.67	0.44	-0.39	0.72	0.95	0.63	0.73	0.76	0.82	0.59	0.67	0.28	-0.01	0.71	0.56		-0.6
Common Stock	0.02	-0.01	0.04	-0.02	0.01	-0.02	0.23	0.15	0.82	-0.03	-0.51	0.07	0.0	-0.59	0.08	-0.18	-0.03	-0.54	-0.03	0.02	-0.16	0.16	0.01	0.08	-0.6

Click cells to compare fundamentals

Copa Holdings Account Relationship Matchups

Copa Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	3.9B	4.2B	4.7B	5.2B	3.1B
Short Long Term Debt Total	1.4B	1.4B	1.6B	1.7B	1.7B	1.1B
Total Stockholder Equity	1.9B	1.3B	1.3B	1.5B	2.1B	1.3B
Property Plant And Equipment Net	2.8B	2.4B	2.7B	3.1B	3.5B	2.1B
Net Debt	1.2B	1.3B	1.4B	1.6B	1.5B	904.9M
Non Current Assets Total	3.1B	2.6B	3.0B	3.5B	3.9B	2.4B
Non Currrent Assets Other	38.0M	21.5M	36.9M	25.3M	32.0M	55.6M
Net Receivables	129.8M	64.6M	92.5M	148.1M	159.2M	104.3M
Common Stock Shares Outstanding	42.3M	42.5M	42.6M	47.4M	40.2M	34.6M
Liabilities And Stockholders Equity	4.3B	3.9B	4.2B	4.7B	5.2B	3.1B
Non Current Liabilities Total	1.4B	1.7B	1.8B	2.0B	1.7B	1.1B
Other Current Assets	14.2M	7.8M	6.1M	6.5M	76.9M	80.8M
Other Stockholder Equity	(50.3M)	(45.0M)	(78.6M)	(241.1M)	6.8M	7.1M
Total Liab	2.4B	2.6B	3.0B	3.2B	3.1B	1.8B
Property Plant And Equipment Gross	2.8B	2.4B	2.7B	4.3B	5.0B	5.2B
Total Current Assets	1.2B	1.2B	1.2B	1.2B	1.3B	824.2M
Other Current Liab	614.1M	519.4M	627.3M	749.1M	744.6M	378.0M
Total Current Liabilities	1.0B	888.6M	1.1B	1.2B	1.3B	823.5M
Other Liab	248.0M	279.8M	490.0M	505.7M	581.6M	610.7M
Retained Earnings	2.0B	1.3B	1.4B	1.7B	2.1B	1.4B
Accounts Payable	123.3M	66.4M	120.5M	166.7M	182.3M	108.5M
Cash	158.7M	119.1M	211.1M	122.4M	206.4M	201.3M
Other Assets	520.5M	57.1M	65.3M	56.0M	64.4M	61.2M
Long Term Debt	938.2M	1.0B	1.2B	1.3B	1.5B	936.1M
Short Term Investments	692.4M	770.8M	806.3M	812.3M	708.8M	455.2M
Inventory	69.1M	74.3M	74.8M	93.3M	116.6M	122.4M
Common Stock	28.6M	28.7M	28.8M	28.8M	28.8M	23.3M
Property Plant Equipment	2.4B	2.4B	2.7B	3.1B	3.6B	2.0B
Current Deferred Revenue	80.3M	91.2M	95.1M	55.3M	126.7M	121.5M
Cash And Short Term Investments	851.1M	889.9M	1.0B	934.7M	915.2M	710.4M
Common Stock Total Equity	28.5M	28.6M	28.6M	28.7M	25.8M	23.2M
Accumulated Other Comprehensive Income	(8.6M)	(24.1M)	(18.7M)	(11.4M)	(9.3M)	(9.8M)
Short Term Debt	215.0M	211.6M	270.5M	222.6M	290.7M	191.9M
Intangible Assets	108.1M	95.6M	61.4M	58.2M	88.0M	64.2M
Net Tangible Assets	1.7B	1.8B	1.2B	1.2B	1.1B	1.3B
Long Term Investments	134.3M	119.6M	199.7M	202.1M	232.4M	244.0M
Short Long Term Debt	117.2M	127.9M	196.6M	142.5M	128.2M	231.2M

Pair Trading with Copa Holdings

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 Copa Holdings 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 Copa Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Copa Stock

0.65

CNI

Canadian National Railway Financial Report 23rd of July 2024

Pair Corr

Moving against Copa Stock

0.59	AZ	A2Z Smart Technologies	Pair Corr
0.5	BA	Boeing Financial Report 24th of July 2024	Pair Corr
0.43	HA	Hawaiian Holdings	Pair Corr
0.42	FA	First Advantage Corp Financial Report 8th of May 2024	Pair Corr

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

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

When determining whether Copa Holdings SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Copa Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Copa Holdings Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Copa Holdings Sa Stock:

How To Invest In Copa

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Is Copa Stock a good investment?

Details

What is Copa Holdings' Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copa Holdings SA. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Copa Stock analysis

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

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Is Copa Holdings' 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 Copa Holdings. If investors know Copa 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 Copa Holdings 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

1.039

Dividend Share

3.28

Earnings Share

12.89

Revenue Per Share

86.095

Quarterly Revenue Growth

0.03

The market value of Copa Holdings SA is measured differently than its book value, which is the value of Copa that is recorded on the company's balance sheet. Investors also form their own opinion of Copa Holdings' value that differs from its market value or its book value, called intrinsic value, which is Copa Holdings' 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 Copa Holdings' market value can be influenced by many factors that don't directly affect Copa Holdings' 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 Copa Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Copa Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copa Holdings' 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.

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Copa Pretax Profit Margin vs Gross Profit Margin Analysis

Pretax Profit Margin vs Gross Profit Margin

Pretax Profit Margin vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Pretax Profit Margin

Gross Profit Margin

Copa Holdings fundamental ratios Correlations

Copa Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Copa Holdings fundamental ratios Accounts

Pair Trading with Copa Holdings

Moving together with Copa Stock

Moving against Copa Stock

Complementary Tools for Copa Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Current Liabilities	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Other Current Assets	- 0.74	Common Stock Shares Outstanding
Other Current Liab	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.64	Non Current Liabilities Total
Total Liab	- 0.61	Other Stockholder Equity
Common Stock	- 0.6	Inventory
Common Stock	- 0.59	Property Plant And Equipment Gross