Canadian Free Cash Flow vs Change In Cash Analysis

CWB Stock

CAD 41.38 0.20 0.49%

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 Free Cash Flow and its Change In Cash 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.

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Western Bank Free Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Canadian Western's Free Cash Flow and Change In Cash is -0.28. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Cash 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 Free Cash Flow and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Canadian Western Bank are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow i.e., Canadian Western's Free Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Cash

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 16th 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 Expense	621.9M	1.6B	1.7B
Depreciation And Amortization	80.8M	93.0M	97.6M

Interest Expense Depreciation And Amortization

Canadian Western fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	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 Assets	Good Will	Short Term Investments	Intangible Assets	Common Stock
Total Assets		0.92	-0.92	0.98	1.0	0.9	0.9	1.0	0.98	-0.1	0.93	-0.89	0.72	0.86	0.74	0.27	-0.5	0.71	1.0	0.88	0.44	0.99	0.96	0.69	0.97	0.81
Short Long Term Debt Total	0.92		-0.9	0.95	0.93	0.91	0.99	0.93	0.95	-0.32	0.88	-0.84	0.68	0.8	0.54	0.41	-0.22	0.84	0.92	0.92	0.57	0.92	0.93	0.75	0.92	0.71
Other Current Liab	-0.92	-0.9		-0.95	-0.93	-0.8	-0.9	-0.92	-0.92	0.2	-0.79	0.84	-0.58	-0.88	-0.75	-0.46	0.46	-0.7	-0.92	-0.76	-0.39	-0.94	-0.92	-0.56	-0.93	-0.87
Total Current Liabilities	0.98	0.95	-0.95		0.98	0.88	0.94	0.98	0.99	-0.2	0.89	-0.85	0.69	0.87	0.69	0.35	-0.4	0.72	0.98	0.86	0.48	0.98	0.96	0.7	0.97	0.8
Total Stockholder Equity	1.0	0.93	-0.93	0.98		0.91	0.91	1.0	0.98	-0.09	0.92	-0.87	0.71	0.84	0.73	0.31	-0.47	0.73	1.0	0.88	0.45	0.99	0.98	0.7	0.98	0.81
Property Plant And Equipment Net	0.9	0.91	-0.8	0.88	0.91		0.9	0.89	0.9	-0.27	0.94	-0.9	0.74	0.77	0.6	0.24	-0.37	0.81	0.9	0.94	0.54	0.87	0.92	0.77	0.85	0.67
Net Debt	0.9	0.99	-0.9	0.94	0.91	0.9		0.9	0.93	-0.38	0.85	-0.83	0.63	0.81	0.52	0.46	-0.2	0.86	0.9	0.9	0.54	0.9	0.92	0.71	0.9	0.7
Retained Earnings	1.0	0.93	-0.92	0.98	1.0	0.89	0.9		0.99	-0.11	0.92	-0.88	0.7	0.84	0.72	0.27	-0.45	0.71	1.0	0.88	0.45	0.99	0.96	0.7	0.98	0.81
Accounts Payable	0.98	0.95	-0.92	0.99	0.98	0.9	0.93	0.99		-0.2	0.91	-0.85	0.74	0.83	0.67	0.27	-0.36	0.71	0.98	0.89	0.53	0.97	0.95	0.77	0.96	0.77
Cash	-0.1	-0.32	0.2	-0.2	-0.09	-0.27	-0.38	-0.11	-0.2		-0.22	0.24	0.04	-0.27	0.14	-0.12	-0.4	-0.42	-0.1	-0.36	-0.19	-0.09	-0.13	-0.27	-0.07	-0.04
Non Current Assets Total	0.93	0.88	-0.79	0.89	0.92	0.94	0.85	0.92	0.91	-0.22		-0.95	0.77	0.81	0.66	0.07	-0.44	0.7	0.93	0.95	0.53	0.89	0.87	0.79	0.85	0.72
Non Currrent Assets Other	-0.89	-0.84	0.84	-0.85	-0.87	-0.9	-0.83	-0.88	-0.85	0.24	-0.95		-0.69	-0.84	-0.73	-0.13	0.51	-0.69	-0.89	-0.9	-0.46	-0.86	-0.84	-0.68	-0.81	-0.79
Cash And Short Term Investments	0.72	0.68	-0.58	0.69	0.71	0.74	0.63	0.7	0.74	0.04	0.77	-0.69		0.61	0.52	-0.15	-0.35	0.3	0.72	0.7	0.84	0.65	0.64	0.93	0.61	0.54
Net Receivables	0.86	0.8	-0.88	0.87	0.84	0.77	0.81	0.84	0.83	-0.27	0.81	-0.84	0.61		0.64	0.15	-0.37	0.6	0.86	0.77	0.46	0.86	0.84	0.59	0.82	0.79
Common Stock Shares Outstanding	0.74	0.54	-0.75	0.69	0.73	0.6	0.52	0.72	0.67	0.14	0.66	-0.73	0.52	0.64		0.19	-0.79	0.33	0.75	0.49	0.11	0.74	0.67	0.36	0.69	0.9
Non Current Liabilities Total	0.27	0.41	-0.46	0.35	0.31	0.24	0.46	0.27	0.27	-0.12	0.07	-0.13	-0.15	0.15	0.19		-0.18	0.56	0.27	0.13	-0.24	0.35	0.38	-0.16	0.37	0.23
Other Current Assets	-0.5	-0.22	0.46	-0.4	-0.47	-0.37	-0.2	-0.45	-0.36	-0.4	-0.44	0.51	-0.35	-0.37	-0.79	-0.18		-0.08	-0.5	-0.19	0.17	-0.49	-0.4	-0.08	-0.4	-0.51
Other Stockholder Equity	0.71	0.84	-0.7	0.72	0.73	0.81	0.86	0.71	0.71	-0.42	0.7	-0.69	0.3	0.6	0.33	0.56	-0.08		0.71	0.83	0.24	0.72	0.81	0.42	0.75	0.53
Total Liab	1.0	0.92	-0.92	0.98	1.0	0.9	0.9	1.0	0.98	-0.1	0.93	-0.89	0.72	0.86	0.75	0.27	-0.5	0.71		0.88	0.44	0.99	0.96	0.69	0.97	0.81
Property Plant And Equipment Gross	0.88	0.92	-0.76	0.86	0.88	0.94	0.9	0.88	0.89	-0.36	0.95	-0.9	0.7	0.77	0.49	0.13	-0.19	0.83	0.88		0.6	0.84	0.87	0.8	0.83	0.65
Total Current Assets	0.44	0.57	-0.39	0.48	0.45	0.54	0.54	0.45	0.53	-0.19	0.53	-0.46	0.84	0.46	0.11	-0.24	0.17	0.24	0.44	0.6		0.38	0.43	0.9	0.39	0.32
Other Assets	0.99	0.92	-0.94	0.98	0.99	0.87	0.9	0.99	0.97	-0.09	0.89	-0.86	0.65	0.86	0.74	0.35	-0.49	0.72	0.99	0.84	0.38		0.97	0.62	0.99	0.82
Good Will	0.96	0.93	-0.92	0.96	0.98	0.92	0.92	0.96	0.95	-0.13	0.87	-0.84	0.64	0.84	0.67	0.38	-0.4	0.81	0.96	0.87	0.43	0.97		0.64	0.98	0.8
Short Term Investments	0.69	0.75	-0.56	0.7	0.7	0.77	0.71	0.7	0.77	-0.27	0.79	-0.68	0.93	0.59	0.36	-0.16	-0.08	0.42	0.69	0.8	0.9	0.62	0.64		0.6	0.47
Intangible Assets	0.97	0.92	-0.93	0.97	0.98	0.85	0.9	0.98	0.96	-0.07	0.85	-0.81	0.61	0.82	0.69	0.37	-0.4	0.75	0.97	0.83	0.39	0.99	0.98	0.6		0.81
Common Stock	0.81	0.71	-0.87	0.8	0.81	0.67	0.7	0.81	0.77	-0.04	0.72	-0.79	0.54	0.79	0.9	0.23	-0.51	0.53	0.81	0.65	0.32	0.82	0.8	0.47	0.81

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Canadian Western Account Relationship Matchups

Canadian Western fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.9B	37.3B	41.4B	42.3B	48.7B	51.1B
Short Long Term Debt Total	5.7B	6.1B	7.4B	8.1B	9.3B	9.7B
Other Current Liab	(541.7M)	(527.6M)	(556.1M)	(635.7M)	(572.1M)	(543.5M)
Total Current Liabilities	541.7M	527.6M	556.1M	635.7M	731.0M	767.6M
Total Stockholder Equity	3.3B	3.5B	3.7B	4.0B	4.6B	4.9B
Property Plant And Equipment Net	139.3M	130.7M	153.0M	152.4M	175.2M	184.0M
Net Debt	5.7B	7.3B	7.9B	7.0B	8.1B	8.5B
Retained Earnings	1.9B	2.1B	2.3B	2.5B	2.9B	3.0B
Accounts Payable	527.6M	556.1M	635.7M	737.7M	848.4M	890.8M
Cash	368.3M	128.5M	116.0M	215.8M	248.2M	330.8M
Non Current Assets Total	2.3B	2.7B	4.1B	5.0B	5.8B	6.1B
Non Currrent Assets Other	(2.3B)	(2.7B)	(4.1B)	(5.0B)	(4.5B)	(4.3B)
Cash And Short Term Investments	1.6B	1.2B	299.8M	2.2B	2.5B	2.7B
Net Receivables	151.9M	189.2M	356.6M	197.3M	226.9M	238.2M
Common Stock Shares Outstanding	87.2M	87.8M	91.5M	96.4M	110.9M	76.7M
Liabilities And Stockholders Equity	31.4B	33.9B	37.3B	41.4B	47.7B	50.0B
Non Current Liabilities Total	5.7B	6.1B	7.4B	635.7M	731.0M	987.2M
Other Current Assets	104.1M	93.3M	88.3M	189.1M	170.2M	161.7M
Other Stockholder Equity	48.6M	401.5M	702.0M	352.5M	405.3M	425.6M
Total Liab	30.6B	33.8B	37.7B	38.3B	44.0B	46.2B
Property Plant And Equipment Gross	139.3M	301.6M	340.3M	351.1M	403.7M	423.9M
Total Current Assets	1.8B	1.3B	489.0M	2.6B	2.3B	2.4B
Other Assets	27.3B	30.0B	32.8B	33.8B	38.9B	40.9B
Accumulated Other Comprehensive Income	14.3M	102.2M	2.6M	(142.7M)	(128.4M)	(122.0M)
Good Will	85.2M	85.4M	138.3M	138.7M	159.5M	167.5M
Short Term Investments	792.8M	171.4M	2.1B	2.4B	2.8B	2.9B
Intangible Assets	220.7M	227.8M	223.9M	241.2M	277.4M	291.2M
Common Stock	732.0M	730.8M	809.4M	956.1M	1.1B	586.5M
Other Liab	24.8M	28.0M	26.1M	43.0M	38.7M	52.4M
Net Tangible Assets	2.3B	2.6B	2.9B	3.1B	3.6B	2.4B
Long Term Debt	2.4B	3.0B	3.5B	7.2B	8.3B	8.7B
Inventory	4.2M	4.4M	2.3M	2.0M	2.3M	3.4M
Deferred Long Term Liab	7.0M	8.5M	13.9M	13.6M	15.6M	8.6M
Long Term Investments	2.7B	3.6B	4.5B	3.9B	4.5B	3.0B
Property Plant Equipment	63.2M	139.3M	130.7M	153.0M	176.0M	96.1M
Long Term Debt Total	2.4B	2.5B	3.1B	3.6B	4.1B	2.4B
Earning Assets	2.2B	2.4B	3.1B	3.7B	4.2B	3.1B

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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.

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Canadian Free Cash Flow vs Change In Cash Analysis

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Cash

Canadian Western fundamental ratios Correlations

Canadian Western Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Western fundamental ratios Accounts

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Other Information on Investing in Canadian Stock

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Retained Earnings

Non Currrent Assets Other	- 0.95	Non Current Assets Total
Total Current Liabilities	- 0.95	Other Current Liab
Other Assets	- 0.94	Other Current Liab
Intangible Assets	- 0.93	Other Current Liab
Total Stockholder Equity	- 0.93	Other Current Liab
Good Will	- 0.92	Other Current Liab