Aritzia Historical Balance Sheet
ATZ Stock | CAD 43.81 0.48 1.11% |
Trend analysis of Aritzia balance sheet accounts such as Total Assets of 1.1 B, Short and Long Term Debt Total of 427.5 M or Other Current Liab of 56.5 M provides information on Aritzia's total assets, liabilities, and equity, which is the actual value of Aritzia to its prevalent stockholders. By breaking down trends over time using Aritzia balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Aritzia latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Aritzia is a good buy for the upcoming year.
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About Aritzia Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Aritzia at a specified time, usually calculated after every quarter, six months, or one year. Aritzia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aritzia 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 Aritzia currently owns. An asset can also be divided into two categories, current and non-current.
Aritzia Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Aritzia 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 Aritzia 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. 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.Capital Lease Obligations
Aritzia capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Aritzia asset purchases. For example, Aritzia can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Aritzia control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from Aritzia's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Aritzia current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Aritzia. 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, Aritzia's Long Term Debt is very stable compared to the past year. As of the 24th of November 2024, Net Receivables is likely to grow to about 26.8 M, while Total Assets are likely to drop about 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 503.8M | 772.0M | 805.9M | 427.5M | Total Assets | 1.4B | 1.8B | 1.9B | 1.1B |
Aritzia balance sheet Correlations
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Aritzia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Aritzia
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 Aritzia 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 Aritzia will appreciate offsetting losses from the drop in the long position's value.Moving together with Aritzia Stock
Moving against Aritzia Stock
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0.41 | TD-PFD | Toronto Dominion Bank | PairCorr |
0.4 | NVDA | NVIDIA CDR | PairCorr |
The ability to find closely correlated positions to Aritzia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aritzia 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 Aritzia - 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 Aritzia to buy it.
The correlation of Aritzia 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 Aritzia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aritzia 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 Aritzia 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 Aritzia Stock
Balance Sheet is a snapshot of the financial position of Aritzia at a specified time, usually calculated after every quarter, six months, or one year. Aritzia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aritzia 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 Aritzia currently owns. An asset can also be divided into two categories, current and non-current.