Canterbury Property Plant Equipment vs Common Stock Analysis
CPHC Stock | USD 23.50 0.50 2.17% |
Canterbury Park financial indicator trend analysis is way more than just evaluating Canterbury Park Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canterbury Park Holding is a good investment. Please check the relationship between Canterbury Park Property Plant Equipment and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Property Plant Equipment vs Common Stock
Property Plant Equipment vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canterbury Park Holding Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Canterbury Park's Property Plant Equipment and Common Stock is 0.85. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of Canterbury Park Holding, assuming nothing else is changed. The correlation between historical values of Canterbury Park's Property Plant Equipment and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Canterbury Park Holding are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Canterbury Park's Property Plant Equipment and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Common Stock
Most indicators from Canterbury Park's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canterbury Park Holding 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 Canterbury Park Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At present, Canterbury Park's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 10.11, whereas Selling General Administrative is forecasted to decline to about 21.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 47.9M | 52.9M | 20.2M | 32.2M | Total Revenue | 60.4M | 66.8M | 61.4M | 47.3M |
Canterbury Park fundamental ratios Correlations
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Canterbury Park Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canterbury Park fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 65.4M | 68.8M | 83.1M | 92.3M | 105.0M | 110.2M | |
Other Current Liab | 6.4M | 6.7M | 6.7M | 6.6M | 6.2M | 4.5M | |
Total Current Liabilities | 11.5M | 10.1M | 9.8M | 10.4M | 11.1M | 7.2M | |
Total Stockholder Equity | 49.4M | 51.3M | 64.4M | 71.2M | 81.8M | 85.9M | |
Property Plant And Equipment Net | 43.9M | 33.6M | 34.4M | 36.5M | 44.3M | 26.0M | |
Net Debt | (184.3K) | 233.7K | (11.8M) | (13.0M) | (25.8M) | (24.5M) | |
Retained Earnings | 26.6M | 27.6M | 39.4M | 45.2M | 54.4M | 57.1M | |
Accounts Payable | 3.5M | 3.0M | 2.3M | 3.4M | 4.6M | 2.4M | |
Cash | 355.4K | (116.8K) | 11.9M | 13.0M | 25.8M | 27.1M | |
Non Current Assets Total | 61.5M | 59.4M | 58.7M | 61.6M | 68.7M | 72.1M | |
Cash And Short Term Investments | 459.3K | (116.8K) | 11.9M | 18.0M | 30.8M | 32.4M | |
Net Receivables | 302.0K | 4.3M | 8.0M | 8.8M | 4.6M | 4.8M | |
Common Stock Shares Outstanding | 4.6M | 4.7M | 4.8M | 4.9M | 4.9M | 4.4M | |
Liabilities And Stockholders Equity | 65.4M | 68.8M | 83.1M | 92.3M | 105.0M | 110.2M | |
Other Current Assets | 2.8M | 5.1M | 4.3M | 11.8K | 645.4K | 613.2K | |
Other Stockholder Equity | 22.7M | 23.6M | 24.9M | 25.9M | 27.4M | 29.9M | |
Total Liab | 16.0M | 17.5M | 18.7M | 21.1M | 23.2M | 24.3M | |
Property Plant And Equipment Gross | 43.9M | 38.4M | 70.7M | 71.3M | 76.5M | 80.3M | |
Total Current Assets | 4.0M | 9.5M | 24.4M | 30.7M | 36.3M | 38.1M | |
Non Currrent Assets Other | 14.6M | 18.3M | 17.9M | 18.2M | 11.0K | 10.4K | |
Inventory | 390.1K | 218.8K | 248.4K | 262.1K | 249.4K | 207.6K | |
Short Long Term Debt Total | 171.1K | 116.8K | 68.8K | 19.0K | 62.4K | 59.3K | |
Short Term Debt | 54.3K | 48.0K | 49.8K | 19.0K | 27.0K | 25.6K | |
Other Assets | 23.7M | 59.35 | 17.9M | 18.2M | 163.2K | 155.0K | |
Common Stock Total Equity | 45.3K | 46.4K | 47.5K | 48.9K | 56.2K | 45.4K | |
Common Stock | 46.4K | 47.5K | 48.1K | 48.9K | 49.6K | 46.1K | |
Property Plant Equipment | 34.7M | 33.6M | 34.4M | 36.5M | 42.0M | 28.8M | |
Short Term Investments | 103.9K | 7.52 | 0.0 | 5M | 5.8M | 6.0M | |
Non Current Liabilities Total | 4.5M | 7.4M | 8.9M | 10.7M | 12.1M | 12.7M | |
Other Liab | 4.4M | 7.3M | 8.9M | 10.7M | 12.3M | 12.9M | |
Net Tangible Assets | 49.4M | 51.3M | 64.4M | 71.2M | 81.9M | 49.8M | |
Deferred Long Term Liab | 4.0M | 4.4M | 7.3M | 7.5M | 8.6M | 4.5M | |
Current Deferred Revenue | 1.5M | 435.9K | 733.3K | 413.4K | 274.9K | 261.2K | |
Capital Surpluse | 21.4M | 22.7M | 23.6M | 25.9M | 29.8M | 23.6M | |
Retained Earnings Total Equity | 25.3M | 26.6M | 27.6M | 45.2M | 52.0M | 29.9M | |
Capital Lease Obligations | 171.1K | 116.8K | 68.8K | 19.0K | 62.4K | 64.0K | |
Long Term Investments | 3.0M | 7.5M | 6.4M | 22.7M | 6.6M | 7.4M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Canterbury Park Holding information on this page should be used as a complementary analysis to other Canterbury Park's 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Canterbury Park's price analysis, check to measure Canterbury Park'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 Canterbury Park is operating at the current time. Most of Canterbury Park's value examination focuses on studying past and present price action to predict the probability of Canterbury Park's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canterbury Park's price. Additionally, you may evaluate how the addition of Canterbury Park to your portfolios can decrease your overall portfolio volatility.
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Is Canterbury Park'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 Canterbury Park. If investors know Canterbury 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 Canterbury Park 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 (0.64) | Dividend Share 0.28 | Earnings Share 1.77 | Revenue Per Share 12.599 | Quarterly Revenue Growth 0.06 |
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park'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 Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park'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 Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park'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.