Goodfellow Net Debt from 2010 to 2026
| GDL Stock | CAD 12.25 0.04 0.33% |
Net Debt | First Reported 1997-05-31 | Previous Quarter 39.9 M | Current Value 49.4 M | Quarterly Volatility 25.4 M |
Check Goodfellow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goodfellow's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.4 M, Interest Expense of 0.0 or Total Revenue of 538.8 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0355 or PTB Ratio of 0.81. Goodfellow financial statements analysis is a perfect complement when working with Goodfellow Valuation or Volatility modules.
Goodfellow | Net Debt |
Evaluating Goodfellow's Net Debt across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Goodfellow's fundamental strength.
Latest Goodfellow's Net Debt Growth Pattern
Below is the plot of the Net Debt of Goodfellow over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Goodfellow's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goodfellow's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Goodfellow Net Debt Regression Statistics
| Arithmetic Mean | 36,340,285 | |
| Coefficient Of Variation | 60.29 | |
| Mean Deviation | 14,399,382 | |
| Median | 38,800,000 | |
| Standard Deviation | 21,909,814 | |
| Sample Variance | 480T | |
| Range | 108.8M | |
| R-Value | (0.33) | |
| Mean Square Error | 455.6T | |
| R-Squared | 0.11 | |
| Significance | 0.19 | |
| Slope | (1,441,014) | |
| Total Sum of Squares | 7680.6T |
Goodfellow Net Debt History
About Goodfellow Financial Statements
Goodfellow investors utilize fundamental indicators, such as Net Debt, to predict how Goodfellow Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | 44.4 M | 27.8 M | |
| Net Debt To EBITDA | 2.84 | 2.26 |
Pair Trading with Goodfellow
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 Goodfellow 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 Goodfellow will appreciate offsetting losses from the drop in the long position's value.Moving against Goodfellow Stock
The ability to find closely correlated positions to Goodfellow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodfellow 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 Goodfellow - 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 Goodfellow to buy it.
The correlation of Goodfellow 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 Goodfellow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodfellow 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 Goodfellow 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.Other Information on Investing in Goodfellow Stock
Goodfellow financial ratios help investors to determine whether Goodfellow Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodfellow with respect to the benefits of owning Goodfellow security.