AFN Book Value Per Share vs Dividend Yield Analysis

AFN Stock  CAD 52.77  0.91  1.75%   
Ag Growth financial indicator trend analysis is way more than just evaluating Ag Growth International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ag Growth International is a good investment. Please check the relationship between Ag Growth Book Value Per Share and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ag Growth International. 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.

Book Value Per Share vs Dividend Yield

Book Value Per Share vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ag Growth International Book Value Per Share account and Dividend Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ag Growth's Book Value Per Share and Dividend Yield is 0.21. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Ag Growth International, assuming nothing else is changed. The correlation between historical values of Ag Growth's Book Value Per Share and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Ag Growth International are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Book Value Per Share i.e., Ag Growth's Book Value Per Share and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Dividend Yield

Dividend Yield is Ag Growth International dividend as a percentage of Ag Growth stock price. Ag Growth International dividend yield is a measure of Ag Growth stock productivity, which can be interpreted as interest rate earned on an Ag Growth investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Ag Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ag Growth International 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 Ag Growth International. 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, Ag Growth's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Discontinued Operations is likely to grow to about 49.5 K, while Sales General And Administrative To Revenue is likely to drop 0.14.
 2021 2022 2023 2024 (projected)
Gross Profit304.0M420.6M480.3M504.3M
Total Revenue1.2B1.5B1.5B1.6B

Ag Growth fundamental ratios Correlations

0.910.840.760.740.920.80.910.80.460.990.730.460.790.980.960.980.960.740.610.90.860.840.30.93-0.9
0.910.920.920.620.980.921.00.930.590.90.620.590.940.910.910.90.870.890.761.00.970.960.50.85-0.96
0.840.920.880.390.860.910.920.90.530.80.710.530.910.830.840.850.850.880.890.940.920.920.340.73-0.98
0.760.920.880.460.870.980.90.970.740.710.410.740.960.720.830.710.750.930.820.930.960.970.730.63-0.89
0.740.620.390.460.750.50.630.460.260.770.340.260.510.710.70.670.690.450.10.60.590.560.310.79-0.52
0.920.980.860.870.750.890.980.890.530.920.610.530.890.920.910.90.880.840.650.970.950.930.480.9-0.93
0.80.920.910.980.50.890.920.970.650.750.490.650.960.760.860.750.820.950.830.940.980.980.640.68-0.92
0.911.00.920.90.630.980.920.930.520.910.640.520.930.920.910.920.880.890.760.990.970.950.450.86-0.97
0.80.930.90.970.460.890.970.930.640.760.520.640.950.770.830.770.80.940.840.950.970.960.60.68-0.93
0.460.590.530.740.260.530.650.520.640.380.181.00.610.380.490.370.40.570.480.590.590.680.790.31-0.52
0.990.90.80.710.770.920.750.910.760.380.730.380.740.990.940.980.930.690.550.890.830.790.250.97-0.87
0.730.620.710.410.340.610.490.640.520.180.730.180.430.740.60.80.780.440.510.630.530.53-0.220.71-0.69
0.460.590.530.740.260.530.650.520.641.00.380.180.610.380.490.370.40.570.480.590.590.680.790.31-0.52
0.790.940.910.960.510.890.960.930.950.610.740.430.610.760.850.750.780.970.840.950.970.980.620.65-0.92
0.980.910.830.720.710.920.760.920.770.380.990.740.380.760.940.990.920.70.590.90.840.80.240.97-0.9
0.960.910.840.830.70.910.860.910.830.490.940.60.490.850.940.920.920.780.670.910.890.870.450.87-0.88
0.980.90.850.710.670.90.750.920.770.370.980.80.370.750.990.920.940.720.620.90.830.80.180.94-0.91
0.960.870.850.750.690.880.820.880.80.40.930.780.40.780.920.920.940.770.640.870.850.840.240.87-0.89
0.740.890.880.930.450.840.950.890.940.570.690.440.570.970.70.780.720.770.850.910.950.960.570.58-0.9
0.610.760.890.820.10.650.830.760.840.480.550.510.480.840.590.670.620.640.850.790.80.810.360.43-0.82
0.91.00.940.930.60.970.940.990.950.590.890.630.590.950.90.910.90.870.910.790.980.970.50.83-0.98
0.860.970.920.960.590.950.980.970.970.590.830.530.590.970.840.890.830.850.950.80.980.990.580.76-0.95
0.840.960.920.970.560.930.980.950.960.680.790.530.680.980.80.870.80.840.960.810.970.990.620.71-0.94
0.30.50.340.730.310.480.640.450.60.790.25-0.220.790.620.240.450.180.240.570.360.50.580.620.19-0.38
0.930.850.730.630.790.90.680.860.680.310.970.710.310.650.970.870.940.870.580.430.830.760.710.19-0.82
-0.9-0.96-0.98-0.89-0.52-0.93-0.92-0.97-0.93-0.52-0.87-0.69-0.52-0.92-0.9-0.88-0.91-0.89-0.9-0.82-0.98-0.95-0.94-0.38-0.82
Click cells to compare fundamentals

Ag Growth Account Relationship Matchups

Ag Growth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.6B1.6B1.7B833.2M
Short Long Term Debt Total833.1M853.6M887.2M916.3M906.9M952.3M
Other Current Liab82.2M177.3M181.8M208.3M155.4M163.1M
Total Current Liabilities255.6M311.1M464.6M412.2M548M575.4M
Total Stockholder Equity373.4M263.1M268.8M265.7M318.0M242.9M
Property Plant And Equipment Net373.0M368.9M368.5M367.7M377.2M396.1M
Current Deferred Revenue39.6M46.0M86.5M80.0M88.1M92.5M
Net Debt758.4M780.2M825.9M856.7M816.3M857.1M
Accounts Payable56.3M84.3M106.0M117.7M126.1M132.4M
Cash48.4M62.5M61.3M59.6M90.7M95.2M
Non Current Assets Total1.0B1.0B1.0B991M992.7M543.8M
Non Currrent Assets Other16.7M39.3M35.1M50.3M2.1M2.0M
Cash And Short Term Investments48.4M62.5M61.3M59.6M90.7M95.2M
Net Receivables170.1M188.7M221.1M240.6M282.6M296.7M
Good Will351.6M350.7M358.6M343.0M339.6M184.6M
Common Stock Shares Outstanding18.9M18.7M21.9M18.9M22.0M16.3M
Liabilities And Stockholders Equity1.5B1.5B1.6B1.6B1.7B833.2M
Non Current Liabilities Total834.0M904.9M860.3M968.2M789.0M407.0M
Inventory174.4M178.9M243.3M279.3M214.8M116.2M
Other Current Assets34.3M36.5M44.8M75.5M74.2M77.9M
Other Stockholder Equity33.8M492.0M507.6M524.6M499.2M524.2M
Total Liab1.1B1.2B1.3B1.4B1.3B1.4B
Property Plant And Equipment Gross373.0M368.9M510.7M527.1M561.0M589.1M
Total Current Assets439.5M476.7M572.8M655.1M662.2M695.4M
Short Term Debt77.6M3.5M90.5M6.1M178.5M187.4M
Intangible Assets264.9M249.5M253.0M225.9M211.1M155.0M
Retained Earnings(138.7M)(220.3M)(221.3M)(283.7M)(226.6M)(215.3M)
Common Stock Total Equity323.2M450.6M455.9M1.7M2.0M1.9M
Accumulated Other Comprehensive Income22.4M(10.3M)(22.8M)15.1M35.1M18.2M
Common Stock455.9M1.7M5.2M9.6M10.3M9.8M
Other Liab78.4M54.8M63.5M57.6M66.3M58.4M
Net Tangible Assets(222.2M)(313.1M)(313.4M)(274.2M)(246.7M)(234.4M)
Other Assets37.5M44.5M70.1M20.2M23.3M32.1M
Long Term Debt748.8M825.3M779.5M876.7M693.5M586.2M
Deferred Long Term Liab20.8M23.9M29.5M29.0M33.4M35.1M
Short Long Term Debt75.0M475K85.4M479K171.8M180.4M
Property Plant Equipment373.0M368.9M368.5M367.7M422.9M294.6M
Long Term Debt Total755.6M850.1M796.8M910.2M1.0B693.2M
Capital Surpluse27.1M487.5M494.7M501.7M577.0M605.9M

Pair Trading with Ag Growth

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 Ag Growth 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 Ag Growth will appreciate offsetting losses from the drop in the long position's value.

Moving against AFN Stock

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The ability to find closely correlated positions to Ag Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ag Growth 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 Ag Growth - 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 Ag Growth International to buy it.
The correlation of Ag Growth 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 Ag Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ag Growth International 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 Ag Growth 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 CorrelationCorrelation Matching

Other Information on Investing in AFN Stock

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