Canadian Change In Cash vs Dividends Paid Analysis

CWB Stock  CAD 42.22  0.07  0.17%   
Canadian Western financial indicator trend analysis is way more than just evaluating Canadian Western Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Western Bank is a good investment. Please check the relationship between Canadian Western Change In Cash and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Western Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Dividends Paid

Change In Cash vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Western Bank Change In Cash account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Canadian Western's Change In Cash and Dividends Paid is -0.17. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Canadian Western Bank, assuming nothing else is changed. The correlation between historical values of Canadian Western's Change In Cash and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Canadian Western Bank are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change In Cash i.e., Canadian Western's Change In Cash and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Canadian Western's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Western Bank 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 Western Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Canadian Western's Selling General Administrative is very stable compared to the past year. As of the 20th of June 2024, Enterprise Value Over EBITDA is likely to grow to 17.17, while Discontinued Operations is likely to drop about 68.7 M.
 2021 2023 2024 (projected)
Interest Expense621.9M1.6B1.7B
Depreciation And Amortization80.8M93.0M97.6M

Canadian Western fundamental ratios Correlations

0.92-0.920.981.00.90.91.00.98-0.10.93-0.890.720.860.740.27-0.50.711.00.880.440.990.960.690.970.81
0.92-0.90.950.930.910.990.930.95-0.320.88-0.840.680.80.540.41-0.220.840.920.920.570.920.930.750.920.71
-0.92-0.9-0.95-0.93-0.8-0.9-0.92-0.920.2-0.790.84-0.58-0.88-0.75-0.460.46-0.7-0.92-0.76-0.39-0.94-0.92-0.56-0.93-0.87
0.980.95-0.950.980.880.940.980.99-0.20.89-0.850.690.870.690.35-0.40.720.980.860.480.980.960.70.970.8
1.00.93-0.930.980.910.911.00.98-0.090.92-0.870.710.840.730.31-0.470.731.00.880.450.990.980.70.980.81
0.90.91-0.80.880.910.90.890.9-0.270.94-0.90.740.770.60.24-0.370.810.90.940.540.870.920.770.850.67
0.90.99-0.90.940.910.90.90.93-0.380.85-0.830.630.810.520.46-0.20.860.90.90.540.90.920.710.90.7
1.00.93-0.920.981.00.890.90.99-0.110.92-0.880.70.840.720.27-0.450.711.00.880.450.990.960.70.980.81
0.980.95-0.920.990.980.90.930.99-0.20.91-0.850.740.830.670.27-0.360.710.980.890.530.970.950.770.960.77
-0.1-0.320.2-0.2-0.09-0.27-0.38-0.11-0.2-0.220.240.04-0.270.14-0.12-0.4-0.42-0.1-0.36-0.19-0.09-0.13-0.27-0.07-0.04
0.930.88-0.790.890.920.940.850.920.91-0.22-0.950.770.810.660.07-0.440.70.930.950.530.890.870.790.850.72
-0.89-0.840.84-0.85-0.87-0.9-0.83-0.88-0.850.24-0.95-0.69-0.84-0.73-0.130.51-0.69-0.89-0.9-0.46-0.86-0.84-0.68-0.81-0.79
0.720.68-0.580.690.710.740.630.70.740.040.77-0.690.610.52-0.15-0.350.30.720.70.840.650.640.930.610.54
0.860.8-0.880.870.840.770.810.840.83-0.270.81-0.840.610.640.15-0.370.60.860.770.460.860.840.590.820.79
0.740.54-0.750.690.730.60.520.720.670.140.66-0.730.520.640.19-0.790.330.750.490.110.740.670.360.690.9
0.270.41-0.460.350.310.240.460.270.27-0.120.07-0.13-0.150.150.19-0.180.560.270.13-0.240.350.38-0.160.370.23
-0.5-0.220.46-0.4-0.47-0.37-0.2-0.45-0.36-0.4-0.440.51-0.35-0.37-0.79-0.18-0.08-0.5-0.190.17-0.49-0.4-0.08-0.4-0.51
0.710.84-0.70.720.730.810.860.710.71-0.420.7-0.690.30.60.330.56-0.080.710.830.240.720.810.420.750.53
1.00.92-0.920.981.00.90.91.00.98-0.10.93-0.890.720.860.750.27-0.50.710.880.440.990.960.690.970.81
0.880.92-0.760.860.880.940.90.880.89-0.360.95-0.90.70.770.490.13-0.190.830.880.60.840.870.80.830.65
0.440.57-0.390.480.450.540.540.450.53-0.190.53-0.460.840.460.11-0.240.170.240.440.60.380.430.90.390.32
0.990.92-0.940.980.990.870.90.990.97-0.090.89-0.860.650.860.740.35-0.490.720.990.840.380.970.620.990.82
0.960.93-0.920.960.980.920.920.960.95-0.130.87-0.840.640.840.670.38-0.40.810.960.870.430.970.640.980.8
0.690.75-0.560.70.70.770.710.70.77-0.270.79-0.680.930.590.36-0.16-0.080.420.690.80.90.620.640.60.47
0.970.92-0.930.970.980.850.90.980.96-0.070.85-0.810.610.820.690.37-0.40.750.970.830.390.990.980.60.81
0.810.71-0.870.80.810.670.70.810.77-0.040.72-0.790.540.790.90.23-0.510.530.810.650.320.820.80.470.81
Click cells to compare fundamentals

Canadian Western Account Relationship Matchups

Canadian Western fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.9B37.3B41.4B42.3B48.7B51.1B
Short Long Term Debt Total5.7B6.1B7.4B8.1B9.3B9.7B
Other Current Liab(541.7M)(527.6M)(556.1M)(635.7M)(572.1M)(543.5M)
Total Current Liabilities541.7M527.6M556.1M635.7M731.0M767.6M
Total Stockholder Equity3.3B3.5B3.7B4.0B4.6B4.9B
Property Plant And Equipment Net139.3M130.7M153.0M152.4M175.2M184.0M
Net Debt5.7B7.3B7.9B7.0B8.1B8.5B
Retained Earnings1.9B2.1B2.3B2.5B2.9B3.0B
Accounts Payable527.6M556.1M635.7M737.7M848.4M890.8M
Cash368.3M128.5M116.0M215.8M248.2M330.8M
Non Current Assets Total2.3B2.7B4.1B5.0B5.8B6.1B
Non Currrent Assets Other(2.3B)(2.7B)(4.1B)(5.0B)(4.5B)(4.3B)
Cash And Short Term Investments1.6B1.2B299.8M2.2B2.5B2.7B
Net Receivables151.9M189.2M356.6M197.3M226.9M238.2M
Common Stock Shares Outstanding87.2M87.8M91.5M96.4M110.9M76.7M
Liabilities And Stockholders Equity31.4B33.9B37.3B41.4B47.7B50.0B
Non Current Liabilities Total5.7B6.1B7.4B635.7M731.0M987.2M
Other Current Assets104.1M93.3M88.3M189.1M170.2M161.7M
Other Stockholder Equity48.6M401.5M702.0M352.5M405.3M425.6M
Total Liab30.6B33.8B37.7B38.3B44.0B46.2B
Property Plant And Equipment Gross139.3M301.6M340.3M351.1M403.7M423.9M
Total Current Assets1.8B1.3B489.0M2.6B2.3B2.4B
Other Assets27.3B30.0B32.8B33.8B38.9B40.9B
Accumulated Other Comprehensive Income14.3M102.2M2.6M(142.7M)(128.4M)(122.0M)
Good Will85.2M85.4M138.3M138.7M159.5M167.5M
Short Term Investments792.8M171.4M2.1B2.4B2.8B2.9B
Intangible Assets220.7M227.8M223.9M241.2M277.4M291.2M
Common Stock732.0M730.8M809.4M956.1M1.1B586.5M
Other Liab24.8M28.0M26.1M43.0M38.7M52.4M
Net Tangible Assets2.3B2.6B2.9B3.1B3.6B2.4B
Long Term Debt2.4B3.0B3.5B7.2B8.3B8.7B
Inventory4.2M4.4M2.3M2.0M2.3M3.4M
Deferred Long Term Liab7.0M8.5M13.9M13.6M15.6M8.6M
Long Term Investments2.7B3.6B4.5B3.9B4.5B3.0B
Property Plant Equipment63.2M139.3M130.7M153.0M176.0M96.1M
Long Term Debt Total2.4B2.5B3.1B3.6B4.1B2.4B
Earning Assets2.2B2.4B3.1B3.7B4.2B3.1B

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Other Information on Investing in Canadian Stock

Balance Sheet is a snapshot of the financial position of Canadian Western Bank at a specified time, usually calculated after every quarter, six months, or one year. Canadian Western Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian Western and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canadian currently owns. An asset can also be divided into two categories, current and non-current.