Aimia Other Stockholder Equity vs Total Stockholder Equity Analysis
AIM Stock | CAD 2.40 0.03 1.27% |
Aimia financial indicator trend analysis is way more than just evaluating Aimia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aimia Inc is a good investment. Please check the relationship between Aimia Other Stockholder Equity and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aimia Inc. 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.
Other Stockholder Equity vs Total Stockholder Equity
Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aimia Inc Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Aimia's Other Stockholder Equity and Total Stockholder Equity is 0.12. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Aimia Inc, assuming nothing else is changed. The correlation between historical values of Aimia's Other Stockholder Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Aimia Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Aimia's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Stockholder Equity
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Aimia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aimia Inc 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 Aimia Inc. 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, Aimia's Issuance Of Capital Stock is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 1.14, while Selling General Administrative is likely to drop about 149.7 M.
2023 | 2024 (projected) | Research Development | 60.4M | 53.7M | Reconciled Depreciation | 22.9M | 21.8M |
Aimia fundamental ratios Correlations
Click cells to compare fundamentals
Aimia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aimia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 571.8M | 444.2M | 431M | 804M | 963.6M | 915.4M | |
Total Current Liabilities | 119.7M | 3.5M | 10.1M | 7.3M | 97M | 92.2M | |
Total Stockholder Equity | 435.6M | 431.3M | 404M | 776.9M | 568.6M | 725.5M | |
Net Debt | (92.6M) | (146.1M) | (34.8M) | (505.3M) | 68.4M | 72.7M | |
Accounts Payable | 21M | 3.5M | 4.7M | 7.3M | 51.2M | 48.6M | |
Cash | 98.6M | 146.1M | 34.8M | 505.3M | 109.5M | 104.0M | |
Non Current Assets Total | 203.6M | 250.4M | 356.8M | 243.1M | 625.6M | 594.3M | |
Non Currrent Assets Other | 33.1M | (250.4M) | (356.8M) | (243.1M) | 38.6M | 36.7M | |
Cash And Short Term Investments | 185.2M | 146.1M | 34.8M | 505.3M | 137.3M | 130.4M | |
Net Receivables | 66.8M | 8.6M | 900K | 19.7M | 102.3M | 173.6M | |
Common Stock Shares Outstanding | 126.8M | 93.1M | 90.9M | 88.4M | 84.7M | 112.2M | |
Liabilities And Stockholders Equity | 571.8M | 444.2M | 431M | 804M | 963.6M | 915.4M | |
Other Stockholder Equity | 839.4M | 2.3B | 2.0B | 2.0B | 2.0B | 1.5B | |
Total Liab | 136.2M | 3.5M | 27M | 27.1M | 380.5M | 361.5M | |
Total Current Assets | 368.2M | 154.7M | 35.7M | 525M | 338M | 321.1M | |
Other Current Liab | 53.2M | (3.5M) | 5.4M | (7.3M) | 24.5M | 23.3M | |
Retained Earnings | (2.1B) | (2.1B) | (2.1B) | (1.7B) | (1.9B) | (2.0B) | |
Short Long Term Debt Total | 514.5M | 300.9M | 6M | 177.9M | 160.1M | 152.1M | |
Property Plant And Equipment Net | 19.2M | 1M | 1.5M | 0.0 | 149.5M | 157.0M | |
Current Deferred Revenue | 1.3B | 57.9M | 43.8M | 4.1M | 3.7M | 3.5M | |
Good Will | 1.7B | 0.0 | 11.1M | 11M | 164M | 155.8M | |
Short Term Investments | 86.6M | 18.7M | 77.5M | 52.9M | 27.8M | 26.4M | |
Non Current Liabilities Total | 16.5M | 12.9M | 27M | 7.3M | 283.5M | 269.3M | |
Other Current Assets | 115.3M | (177M) | (115.9M) | (578.8M) | 37.2M | 35.3M | |
Accumulated Other Comprehensive Income | 9.8M | 30.8M | 32.5M | 14.4M | (7.1M) | (6.7M) | |
Short Term Debt | 65.2M | 300.9M | 1.7M | 0.0 | 17.2M | 16.3M | |
Intangible Assets | 23.4M | 18.9M | 1.8M | 1.1M | 218.7M | 207.8M | |
Inventory | 900K | 177M | 115.9M | 1.0 | 61.2M | 35.8M | |
Other Liab | 12.2M | 8.5M | 16.9M | 17.6M | 15.8M | 15.0M | |
Net Tangible Assets | 185.6M | 187.3M | 160.8M | 775.8M | 892.2M | 936.8M | |
Other Assets | 41.1M | 39.1M | 38.5M | 35.9M | 41.3M | 26.3M | |
Long Term Investments | 144.2M | 237.5M | 344.7M | 242M | 73.8M | 70.1M | |
Capital Surpluse | 1.2B | 2.3B | 2.3B | 2.2B | 2.6B | 1.9B |
Pair Trading with Aimia
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 Aimia 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 Aimia will appreciate offsetting losses from the drop in the long position's value.Moving against Aimia Stock
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The ability to find closely correlated positions to Aimia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia 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 Aimia - 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 Aimia Inc to buy it.
The correlation of Aimia 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 Aimia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aimia Inc 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 Aimia 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 Aimia Stock
Balance Sheet is a snapshot of the financial position of Aimia Inc at a specified time, usually calculated after every quarter, six months, or one year. Aimia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aimia 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 Aimia currently owns. An asset can also be divided into two categories, current and non-current.