Superior Total Assets from 2010 to 2026
| SPB Stock | CAD 7.38 0.03 0.41% |
Total Assets | First Reported 1998-03-31 | Previous Quarter 3.5 B | Current Value 3.5 B | Quarterly Volatility 1.1 B |
Check Superior Plus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Superior Plus' main balance sheet or income statement drivers, such as Interest Expense of 59.5 M, Total Revenue of 2.1 B or Gross Profit of 709.8 M, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.1 or PTB Ratio of 1.62. Superior financial statements analysis is a perfect complement when working with Superior Plus Valuation or Volatility modules.
Superior | Total Assets |
Evaluating Superior Plus's Total Assets 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 Superior Plus Corp's fundamental strength.
Latest Superior Plus' Total Assets Growth Pattern
Below is the plot of the Total Assets of Superior Plus Corp over the last few years. Total assets refers to the total amount of Superior Plus assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Superior Plus Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Superior Plus' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Superior Plus' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.69 B | 10 Years Trend |
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Total Assets |
| Timeline |
Superior Total Assets Regression Statistics
| Arithmetic Mean | 2,964,986,421 | |
| Geometric Mean | 2,722,597,421 | |
| Coefficient Of Variation | 39.00 | |
| Mean Deviation | 1,003,692,192 | |
| Median | 2,544,775,159 | |
| Standard Deviation | 1,156,206,257 | |
| Sample Variance | 1336812.9T | |
| Range | 4.4B | |
| R-Value | 0.77 | |
| Mean Square Error | 570880.3T | |
| R-Squared | 0.60 | |
| Significance | 0.0003 | |
| Slope | 177,301,408 | |
| Total Sum of Squares | 21389006.5T |
Superior Total Assets History
About Superior Plus Financial Statements
Superior Plus investors utilize fundamental indicators, such as Total Assets, to predict how Superior 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 | ||
| Total Assets | 4.2 B | 2.5 B | |
| Intangibles To Total Assets | 0.43 | 0.26 |
Pair Trading with Superior Plus
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 Superior Plus 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 Superior Plus will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Superior Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Superior Plus 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 Superior Plus - 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 Superior Plus Corp to buy it.
The correlation of Superior Plus 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 Superior Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Superior Plus Corp 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 Superior Plus 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 Superior Stock
Superior Plus financial ratios help investors to determine whether Superior 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 Superior with respect to the benefits of owning Superior Plus security.