Acadian Capex To Depreciation vs Price To Sales Ratio Analysis

ADN Stock

CAD 17.65 0.14 0.79%

Acadian Timber financial indicator trend analysis is way more than just evaluating Acadian Timber Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acadian Timber Corp is a good investment. Please check the relationship between Acadian Timber Capex To Depreciation and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acadian Timber Corp. 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.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acadian Timber Corp Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Acadian Timber's Capex To Depreciation and Price To Sales Ratio is -0.52. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Acadian Timber Corp, assuming nothing else is changed. The correlation between historical values of Acadian Timber's Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Acadian Timber Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Acadian Timber's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Acadian Timber Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Acadian Timber sales, a figure that is much harder to manipulate than other Acadian Timber Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Acadian Timber's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acadian Timber Corp 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 Acadian Timber Corp. 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.

As of the 23rd of November 2024, Selling General Administrative is likely to drop to about 7.9 M. In addition to that, Tax Provision is likely to drop to about 9.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	30.8M	27.6M	29.6M	30.0M
Total Revenue	95.7M	90.5M	93.5M	88.2M

Gross Profit Total Revenue

Acadian Timber 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock Total Equity	Other Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other
Total Assets		0.55	0.86	0.26	0.98	-0.36	0.79	0.86	0.49	0.16	1.0	0.16	0.55	0.08	0.82	0.21	-0.29	0.97	-0.34	0.5	0.32	-0.18	0.79	-0.39	0.17	0.9
Short Long Term Debt Total	0.55		0.43	0.06	0.51	-0.12	0.52	0.45	0.26	0.01	0.57	0.01	0.15	0.02	0.54	0.02	-0.06	0.57	-0.11	0.07	0.08	-0.08	0.43	0.05	0.03	0.48
Other Current Liab	0.86	0.43		0.25	0.93	-0.48	0.54	0.84	0.35	0.21	0.85	0.21	0.62	0.1	0.58	0.09	-0.29	0.73	-0.47	0.5	0.21	-0.11	0.66	-0.33	0.08	0.84
Total Current Liabilities	0.26	0.06	0.25		0.24	-0.09	0.32	0.23	0.27	-0.13	0.26	-0.13	0.73	-0.01	-0.28	-0.03	-0.01	0.26	-0.09	0.07	-0.02	-0.02	0.49	0.18	-0.03	0.24
Total Stockholder Equity	0.98	0.51	0.93	0.24		-0.42	0.69	0.87	0.41	0.23	0.97	0.23	0.59	0.06	0.75	0.15	-0.3	0.89	-0.41	0.54	0.28	-0.13	0.72	-0.32	0.12	0.91
Property Plant And Equipment Net	-0.36	-0.12	-0.48	-0.09	-0.42		-0.11	-0.38	-0.16	-0.22	-0.35	-0.22	-0.18	-0.1	-0.21	0.01	0.93	-0.26	1.0	-0.28	-0.08	0.05	-0.17	0.06	-0.05	-0.71
Net Debt	0.79	0.52	0.54	0.32	0.69	-0.11		0.72	0.41	-0.4	0.81	-0.4	0.45	0.22	0.68	0.41	-0.21	0.86	-0.09	0.0	0.49	-0.36	0.61	-0.49	0.37	0.67
Retained Earnings	0.86	0.45	0.84	0.23	0.87	-0.38	0.72		0.45	-0.09	0.86	-0.09	0.6	0.53	0.67	0.52	-0.37	0.8	-0.36	0.41	0.56	-0.57	0.67	-0.56	0.56	0.85
Accounts Payable	0.49	0.26	0.35	0.27	0.41	-0.16	0.41	0.45		-0.01	0.49	-0.01	0.47	0.1	0.41	0.13	-0.21	0.57	-0.15	0.23	0.18	-0.14	0.69	-0.37	0.17	0.45
Cash	0.16	0.01	0.21	-0.13	0.23	-0.22	-0.4	-0.09	-0.01		0.12	1.0	-0.09	-0.43	0.15	-0.49	-0.01	0.08	-0.24	0.72	-0.47	0.47	0.13	0.34	-0.49	0.15
Non Current Assets Total	1.0	0.57	0.85	0.26	0.97	-0.35	0.81	0.86	0.49	0.12		0.12	0.54	0.08	0.82	0.2	-0.28	0.97	-0.33	0.45	0.32	-0.18	0.78	-0.4	0.17	0.9
Cash And Short Term Investments	0.16	0.01	0.21	-0.13	0.23	-0.22	-0.4	-0.09	-0.01	1.0	0.12		-0.09	-0.43	0.15	-0.49	-0.01	0.08	-0.24	0.72	-0.47	0.47	0.13	0.34	-0.49	0.15
Net Receivables	0.55	0.15	0.62	0.73	0.59	-0.18	0.45	0.6	0.47	-0.09	0.54	-0.09		0.19	0.07	0.22	-0.08	0.47	-0.17	0.38	0.33	-0.23	0.65	-0.01	0.19	0.49
Common Stock Shares Outstanding	0.08	0.02	0.1	-0.01	0.06	-0.1	0.22	0.53	0.1	-0.43	0.08	-0.43	0.19		0.1	0.85	-0.29	0.09	-0.09	0.08	0.72	-0.96	0.11	-0.48	0.96	0.2
Non Current Liabilities Total	0.82	0.54	0.58	-0.28	0.75	-0.21	0.68	0.67	0.41	0.15	0.82	0.15	0.07	0.1		0.28	-0.25	0.85	-0.19	0.38	0.36	-0.21	0.55	-0.54	0.24	0.71
Inventory	0.21	0.02	0.09	-0.03	0.15	0.01	0.41	0.52	0.13	-0.49	0.2	-0.49	0.22	0.85	0.28		-0.23	0.26	0.02	0.18	0.96	-0.95	0.21	-0.57	0.93	0.22
Other Stockholder Equity	-0.29	-0.06	-0.29	-0.01	-0.3	0.93	-0.21	-0.37	-0.21	-0.01	-0.28	-0.01	-0.08	-0.29	-0.25	-0.23		-0.25	0.92	-0.17	-0.29	0.27	-0.09	0.2	-0.3	-0.65
Total Liab	0.97	0.57	0.73	0.26	0.89	-0.26	0.86	0.8	0.57	0.08	0.97	0.08	0.47	0.09	0.85	0.26	-0.25		-0.24	0.42	0.36	-0.23	0.81	-0.45	0.22	0.84
Property Plant And Equipment Gross	-0.34	-0.11	-0.47	-0.09	-0.41	1.0	-0.09	-0.36	-0.15	-0.24	-0.33	-0.24	-0.17	-0.09	-0.19	0.02	0.92	-0.24		-0.29	-0.07	0.04	-0.16	0.04	-0.04	-0.7
Total Current Assets	0.5	0.07	0.5	0.07	0.54	-0.28	0.0	0.41	0.23	0.72	0.45	0.72	0.38	0.08	0.38	0.18	-0.17	0.42	-0.29		0.23	-0.13	0.49	0.0	0.09	0.47
Intangible Assets	0.32	0.08	0.21	-0.02	0.28	-0.08	0.49	0.56	0.18	-0.47	0.32	-0.47	0.33	0.72	0.36	0.96	-0.29	0.36	-0.07	0.23		-0.85	0.26	-0.53	0.84	0.33
Common Stock Total Equity	-0.18	-0.08	-0.11	-0.02	-0.13	0.05	-0.36	-0.57	-0.14	0.47	-0.18	0.47	-0.23	-0.96	-0.21	-0.95	0.27	-0.23	0.04	-0.13	-0.85		-0.2	0.53	-0.98	-0.26
Other Current Assets	0.79	0.43	0.66	0.49	0.72	-0.17	0.61	0.67	0.69	0.13	0.78	0.13	0.65	0.11	0.55	0.21	-0.09	0.81	-0.16	0.49	0.26	-0.2		-0.3	0.16	0.66
Short Term Debt	-0.39	0.05	-0.33	0.18	-0.32	0.06	-0.49	-0.56	-0.37	0.34	-0.4	0.34	-0.01	-0.48	-0.54	-0.57	0.2	-0.45	0.04	0.0	-0.53	0.53	-0.3		-0.56	-0.37
Common Stock	0.17	0.03	0.08	-0.03	0.12	-0.05	0.37	0.56	0.17	-0.49	0.17	-0.49	0.19	0.96	0.24	0.93	-0.3	0.22	-0.04	0.09	0.84	-0.98	0.16	-0.56		0.24
Non Currrent Assets Other	0.9	0.48	0.84	0.24	0.91	-0.71	0.67	0.85	0.45	0.15	0.9	0.15	0.49	0.2	0.71	0.22	-0.65	0.84	-0.7	0.47	0.33	-0.26	0.66	-0.37	0.24

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Acadian Timber Account Relationship Matchups

Acadian Timber fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	498.7M	513.4M	516.6M	547.8M	568.0M	421.5M
Short Long Term Debt Total	100.9M	202.1M	100.9M	107.9M	105.5M	103.6M
Other Current Liab	4.6M	5.4M	4.8M	4.9M	5.0M	4.0M
Total Current Liabilities	114.9M	13.5M	13.6M	16.1M	14.4M	22.2M
Total Stockholder Equity	286.7M	293.2M	291.5M	303.7M	319.0M	238.9M
Property Plant And Equipment Net	91.6M	99.9M	99.2M	88.0M	90.9M	98.9M
Net Debt	93.3M	90.9M	93.6M	101.7M	103.7M	86.4M
Retained Earnings	83.9M	86.6M	86.0M	102.0M	111.6M	117.2M
Accounts Payable	9.2M	8.6M	8.8M	11.2M	9.4M	8.0M
Cash	7.6M	10.3M	7.3M	6.2M	1.8M	1.7M
Non Current Assets Total	475.7M	494.0M	499.4M	531.5M	539.8M	398.6M
Cash And Short Term Investments	7.6M	10.3M	7.3M	6.2M	1.8M	1.7M
Net Receivables	13.8M	8.1M	8.5M	8.3M	11.0M	9.0M
Common Stock Shares Outstanding	16.7M	16.7M	16.7M	16.8M	17.1M	18.1M
Liabilities And Stockholders Equity	498.7M	513.4M	516.6M	547.8M	568.0M	421.5M
Non Current Liabilities Total	97.1M	206.7M	211.5M	228.0M	234.6M	160.4M
Inventory	1.5M	957K	1.5M	1.9M	15.3M	16.1M
Other Stockholder Equity	63.4M	67.2M	66.1M	27.6M	24.9M	23.6M
Total Liab	212.0M	220.2M	225.2M	244.1M	249.0M	182.6M
Property Plant And Equipment Gross	91.6M	99.9M	103.3M	92.5M	95.6M	99.5M
Total Current Assets	23.0M	19.4M	17.3M	16.3M	28.1M	22.9M
Accumulated Other Comprehensive Income	63.4M	67.2M	66.1M	59.0M	59.7M	35.2M
Other Current Assets	11.6M	7.7M	8.4M	8.3M	9.3M	6.1M
Non Currrent Assets Other	378.0M	388.0M	394.1M	437.4M	442.8M	352.9M
Other Liab	97.1M	105.5M	110.6M	120.1M	138.1M	93.7M
Net Tangible Assets	280.6M	287.1M	285.3M	297.6M	342.2M	290.8M
Long Term Debt	0.0	101.2M	100.9M	107.9M	105.5M	96.0M
Property Plant Equipment	469.6M	487.9M	493.2M	525.4M	604.2M	477.1M
Long Term Debt Total	0.0	101.2M	100.9M	107.9M	124.1M	95.5M
Cash And Equivalents	22.3M	7.6M	10.3M	7.3M	6.6M	12.1M
Net Invested Capital	387.6M	394.4M	392.4M	411.7M	424.5M	434.1M
Net Working Capital	(91.9M)	5.9M	3.6M	222K	13.8M	14.5M

Pair Trading with Acadian Timber

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 Acadian Timber 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 Acadian Timber will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acadian Stock

0.86	AG	First Majestic Silver	Pair Corr
0.8	IE	Ivanhoe Energy	Pair Corr
0.82	FDY	Faraday Copper Corp	Pair Corr

Moving against Acadian Stock

0.31

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Acadian Timber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acadian Timber 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 Acadian Timber - 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 Acadian Timber Corp to buy it.

The correlation of Acadian Timber 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 Acadian Timber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acadian Timber 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 Acadian Timber 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.

Pair Correlation Correlation Matching

Other Information on Investing in Acadian Stock

Balance Sheet is a snapshot of the financial position of Acadian Timber Corp at a specified time, usually calculated after every quarter, six months, or one year. Acadian Timber Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Acadian Timber 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 Acadian currently owns. An asset can also be divided into two categories, current and non-current.

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Acadian Capex To Depreciation vs Price To Sales Ratio Analysis

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Price To Sales Ratio

Acadian Timber fundamental ratios Correlations

Acadian Timber Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Acadian Timber fundamental ratios Accounts

Pair Trading with Acadian Timber

Moving together with Acadian Stock

Moving against Acadian Stock

Other Information on Investing in Acadian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Stockholder Equity

Common Stock	- 0.98	Common Stock Total Equity
Common Stock Total Equity	- 0.96	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.95	Inventory
Common Stock Total Equity	- 0.85	Intangible Assets
Non Currrent Assets Other	- 0.71	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.7	Property Plant And Equipment Gross