Alimentation Good Will vs Current Deferred Revenue Analysis

ATD Stock

78.59 0.10 0.13%

Alimentation Couchen financial indicator trend analysis is way more than just evaluating Alimentation Couchen Tard prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alimentation Couchen Tard is a good investment. Please check the relationship between Alimentation Couchen Good Will and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alimentation Couchen Tard. 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.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alimentation Couchen Tard Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Alimentation Couchen's Good Will and Current Deferred Revenue is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Alimentation Couchen Tard, assuming nothing else is changed. The correlation between historical values of Alimentation Couchen's Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Alimentation Couchen Tard are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Alimentation Couchen's Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Alimentation Couchen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alimentation Couchen Tard 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 Alimentation Couchen Tard. 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 24th of November 2024, Enterprise Value is likely to grow to about 70.1 B, while Selling General Administrative is likely to drop about 4.7 B.

	2021	2022	2023	2024 (projected)
Interest Expense	304.3M	352.9M	516.9M	542.7M
Depreciation And Amortization	1.5B	1.5B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Alimentation Couchen fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Current Deferred Revenue	Other Assets	Good Will
Total Assets		0.98	0.96	0.98	1.0	0.96	0.98	0.91	0.52	1.0	0.85	0.69	0.9	0.3	0.98	0.96	0.55	-0.47	0.99	0.97	0.71	0.75	-0.33	0.9	0.62	0.98
Short Long Term Debt Total	0.98		0.93	0.94	0.97	0.98	0.94	0.87	0.52	0.98	0.77	0.71	0.86	0.24	0.99	0.91	0.51	-0.39	0.99	0.95	0.72	0.74	-0.33	0.89	0.52	0.98
Total Current Liabilities	0.96	0.93		0.94	0.96	0.94	0.92	0.94	0.39	0.96	0.84	0.58	0.93	0.35	0.92	0.95	0.5	-0.37	0.96	0.93	0.8	0.82	-0.3	0.82	0.66	0.94
Total Stockholder Equity	0.98	0.94	0.94		0.99	0.9	1.0	0.88	0.58	0.98	0.85	0.72	0.85	0.29	0.94	0.96	0.61	-0.6	0.96	0.97	0.69	0.66	-0.41	0.9	0.66	0.94
Property Plant And Equipment Net	1.0	0.97	0.96	0.99		0.95	0.99	0.91	0.52	1.0	0.85	0.69	0.89	0.3	0.98	0.96	0.55	-0.49	0.99	0.96	0.7	0.74	-0.34	0.89	0.63	0.97
Net Debt	0.96	0.98	0.94	0.9	0.95		0.91	0.91	0.34	0.97	0.76	0.56	0.9	0.21	0.98	0.91	0.4	-0.28	0.98	0.89	0.7	0.79	-0.28	0.85	0.47	0.98
Retained Earnings	0.98	0.94	0.92	1.0	0.99	0.91		0.87	0.57	0.98	0.85	0.72	0.83	0.26	0.94	0.95	0.58	-0.59	0.95	0.95	0.68	0.64	-0.43	0.9	0.63	0.95
Accounts Payable	0.91	0.87	0.94	0.88	0.91	0.91	0.87		0.23	0.92	0.87	0.44	0.94	0.31	0.88	0.94	0.34	-0.24	0.92	0.85	0.64	0.8	-0.3	0.72	0.59	0.9
Cash	0.52	0.52	0.39	0.58	0.52	0.34	0.57	0.23		0.47	0.39	0.95	0.22	0.22	0.51	0.42	0.72	-0.7	0.48	0.67	0.37	0.08	-0.34	0.6	0.52	0.42
Non Current Assets Total	1.0	0.98	0.96	0.98	1.0	0.97	0.98	0.92	0.47		0.85	0.66	0.9	0.29	0.98	0.96	0.52	-0.45	0.99	0.95	0.71	0.76	-0.33	0.9	0.6	0.99
Non Currrent Assets Other	0.85	0.77	0.84	0.85	0.85	0.76	0.85	0.87	0.39	0.85		0.51	0.84	0.51	0.81	0.82	0.47	-0.35	0.83	0.82	0.49	0.74	-0.13	0.68	0.71	0.79
Cash And Short Term Investments	0.69	0.71	0.58	0.72	0.69	0.56	0.72	0.44	0.95	0.66	0.51		0.41	0.24	0.69	0.58	0.67	-0.61	0.67	0.81	0.55	0.26	-0.42	0.69	0.51	0.61
Net Receivables	0.9	0.86	0.93	0.85	0.89	0.9	0.83	0.94	0.22	0.9	0.84	0.41		0.42	0.88	0.91	0.34	-0.23	0.91	0.86	0.58	0.92	-0.06	0.7	0.63	0.86
Common Stock Shares Outstanding	0.3	0.24	0.35	0.29	0.3	0.21	0.26	0.31	0.22	0.29	0.51	0.24	0.42		0.28	0.29	0.23	-0.06	0.31	0.37	0.17	0.54	0.35	0.15	0.69	0.2
Non Current Liabilities Total	0.98	0.99	0.92	0.94	0.98	0.98	0.94	0.88	0.51	0.98	0.81	0.69	0.88	0.28		0.92	0.49	-0.38	0.99	0.95	0.65	0.76	-0.27	0.88	0.55	0.98
Inventory	0.96	0.91	0.95	0.96	0.96	0.91	0.95	0.94	0.42	0.96	0.82	0.58	0.91	0.29	0.92		0.5	-0.5	0.94	0.94	0.65	0.72	-0.34	0.85	0.68	0.92
Other Current Assets	0.55	0.51	0.5	0.61	0.55	0.4	0.58	0.34	0.72	0.52	0.47	0.67	0.34	0.23	0.49	0.5		-0.64	0.5	0.63	0.47	0.26	-0.16	0.66	0.66	0.48
Other Stockholder Equity	-0.47	-0.39	-0.37	-0.6	-0.49	-0.28	-0.59	-0.24	-0.7	-0.45	-0.35	-0.61	-0.23	-0.06	-0.38	-0.5	-0.64		-0.39	-0.54	-0.28	0.0	0.5	-0.65	-0.51	-0.39
Total Liab	0.99	0.99	0.96	0.96	0.99	0.98	0.95	0.92	0.48	0.99	0.83	0.67	0.91	0.31	0.99	0.94	0.5	-0.39		0.96	0.71	0.79	-0.28	0.88	0.59	0.98
Total Current Assets	0.97	0.95	0.93	0.97	0.96	0.89	0.95	0.85	0.67	0.95	0.82	0.81	0.86	0.37	0.95	0.94	0.63	-0.54	0.96		0.69	0.7	-0.32	0.86	0.7	0.9
Short Term Debt	0.71	0.72	0.8	0.69	0.7	0.7	0.68	0.64	0.37	0.71	0.49	0.55	0.58	0.17	0.65	0.65	0.47	-0.28	0.71	0.69		0.55	-0.48	0.63	0.4	0.73
Intangible Assets	0.75	0.74	0.82	0.66	0.74	0.79	0.64	0.8	0.08	0.76	0.74	0.26	0.92	0.54	0.76	0.72	0.26	0.0	0.79	0.7	0.55		0.18	0.55	0.56	0.74
Other Current Liab	-0.33	-0.33	-0.3	-0.41	-0.34	-0.28	-0.43	-0.3	-0.34	-0.33	-0.13	-0.42	-0.06	0.35	-0.27	-0.34	-0.16	0.5	-0.28	-0.32	-0.48	0.18		-0.38	0.01	-0.35
Current Deferred Revenue	0.9	0.89	0.82	0.9	0.89	0.85	0.9	0.72	0.6	0.9	0.68	0.69	0.7	0.15	0.88	0.85	0.66	-0.65	0.88	0.86	0.63	0.55	-0.38		0.59	0.91
Other Assets	0.62	0.52	0.66	0.66	0.63	0.47	0.63	0.59	0.52	0.6	0.71	0.51	0.63	0.69	0.55	0.68	0.66	-0.51	0.59	0.7	0.4	0.56	0.01	0.59		0.51
Good Will	0.98	0.98	0.94	0.94	0.97	0.98	0.95	0.9	0.42	0.99	0.79	0.61	0.86	0.2	0.98	0.92	0.48	-0.39	0.98	0.9	0.73	0.74	-0.35	0.91	0.51

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Alimentation Couchen Account Relationship Matchups

Alimentation Couchen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.7B	28.4B	29.6B	29.0B	36.9B	38.8B
Short Long Term Debt Total	10.4B	9.6B	9.4B	9.5B	14.5B	15.2B
Total Current Liabilities	3.7B	5.9B	6.0B	5.2B	7.8B	8.2B
Total Stockholder Equity	10.1B	12.2B	12.4B	12.6B	13.2B	13.8B
Property Plant And Equipment Net	12.7B	13.9B	14.6B	15.3B	17.9B	18.8B
Net Debt	6.7B	6.6B	7.3B	8.6B	13.2B	13.8B
Retained Earnings	10.6B	12.0B	12.5B	12.9B	13.6B	14.3B
Accounts Payable	1.5B	2.6B	3.7B	3.2B	4.6B	4.8B
Cash	3.6B	3.0B	2.1B	834.2M	1.3B	738.7M
Non Current Assets Total	19.2B	21.3B	22.3B	23.4B	29.5B	30.9B
Non Currrent Assets Other	251.9M	334.4M	367.4M	302.6M	374.5M	393.2M
Cash And Short Term Investments	3.7B	3.0B	2.2B	929.2M	1.9B	2.0B
Net Receivables	1.3B	1.9B	2.6B	2.4B	3.1B	3.3B
Common Stock Shares Outstanding	1.1B	1.1B	1.1B	1.0B	968.2M	1.2B
Liabilities And Stockholders Equity	25.7B	28.4B	29.6B	29.0B	36.9B	38.8B
Non Current Liabilities Total	11.9B	10.3B	11.1B	11.3B	15.8B	16.6B
Inventory	1.2B	1.8B	2.4B	2.2B	2.3B	2.4B
Other Current Assets	168M	450.2M	175.6M	165.4M	153.7M	83.5M
Other Stockholder Equity	(11.3B)	(12.7B)	(13.2B)	(13.5B)	23.2M	24.4M
Total Liab	15.6B	16.2B	17.2B	16.5B	23.6B	24.8B
Total Current Assets	6.4B	7.1B	7.3B	5.7B	7.5B	7.9B
Accumulated Other Comprehensive Income	(1.3B)	(531.1M)	(749.1M)	(1.0B)	(1.1B)	(1.0B)
Short Term Debt	597.8M	1.5B	426.8M	438.8M	1.6B	1.6B
Intangible Assets	550.8M	716.9M	687.5M	762.2M	1.2B	1.2B
Other Current Liab	8.1M	118.5M	86.7M	800K	54.2M	51.5M
Current Deferred Revenue	1.6B	1.7B	1.8B	1.5B	1.6B	1.7B
Other Assets	289M	415.1M	451M	302.2M	347.5M	265.8M
Good Will	5.5B	5.9B	6.1B	6.6B	9.6B	10.0B
Short Term Investments	38.6M	11M	23.1M	95M	559.2M	587.2M
Common Stock	694.8M	670.6M	639.9M	614.7M	644.7M	716.5M
Long Term Debt	7.5B	5.3B	6.0B	5.9B	9.2B	7.1B
Long Term Debt Total	9.8B	8.1B	9.0B	9.0B	10.4B	8.4B
Capital Surpluse	21.4M	23.6M	25.8M	28.8M	33.1M	24.0M
Cash And Equivalents	3.6B	3.0B	2.1B	834.2M	959.3M	1.8B
Property Plant Equipment	12.7B	13.9B	14.6B	15.3B	17.5B	13.6B
Other Liab	2.1B	1.8B	2.1B	2.1B	2.4B	2.2B
Net Tangible Assets	2.3B	4.0B	5.5B	5.7B	6.5B	4.0B
Net Invested Capital	17.8B	18.6B	18.4B	18.5B	23.5B	20.3B
Long Term Investments	237.9M	275.2M	476.4M	384.2M	351.5M	311.9M
Short Long Term Debt	214.7M	1.1B	1.4M	700K	1.1B	588.4M

Pair Trading with Alimentation Couchen

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 Alimentation Couchen 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 Alimentation Couchen will appreciate offsetting losses from the drop in the long position's value.

Moving against Alimentation Stock

0.43	META	Meta Platforms CDR	Pair Corr
0.4	AVGO	Broadcom	Pair Corr

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

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

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

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Alimentation Good Will vs Current Deferred Revenue Analysis

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Good Will

Current Deferred Revenue

Alimentation Couchen fundamental ratios Correlations

Alimentation Couchen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alimentation Couchen fundamental ratios Accounts

Pair Trading with Alimentation Couchen

Moving against Alimentation Stock

Other Information on Investing in Alimentation Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.7	Cash
Current Deferred Revenue	- 0.65	Other Stockholder Equity
Other Stockholder Equity	- 0.64	Other Current Assets
Other Stockholder Equity	- 0.61	Cash And Short Term Investments
Other Stockholder Equity	- 0.6	Total Stockholder Equity
Other Stockholder Equity	- 0.59	Retained Earnings