Aritzia Capital Expenditures vs Free Cash Flow Analysis

ATZ Stock

CAD 46.64 0.87 1.90%

Aritzia financial indicator trend analysis is way more than just evaluating Aritzia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aritzia is a good investment. Please check the relationship between Aritzia Capital Expenditures and its Free Cash Flow accounts. 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aritzia Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Aritzia's Capital Expenditures and Free Cash Flow is 0.46. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Aritzia, assuming nothing else is changed. The correlation between historical values of Aritzia's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Aritzia are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Aritzia's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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Capital Expenditures

Capital Expenditures are funds used by Aritzia to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Aritzia operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Aritzia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aritzia 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 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 Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 39.4 M, while Enterprise Value Over EBITDA is likely to drop 13.21.

	2021	2022	2023	2024 (projected)
Interest Expense	24.9M	31.1M	49.1M	51.5M
Depreciation And Amortization	112.6M	133.9M	168.0M	176.4M

Interest Expense Depreciation And Amortization

Aritzia fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.6	0.47	0.55	0.55	0.67	-0.05	0.71	0.73	0.77	0.52	0.77	0.6	0.63	0.57	0.5	0.46	-0.74	0.63	0.73	0.5	0.68	0.51	0.53	0.42	-0.36
Total Assets	0.6		0.95	0.97	0.98	0.96	-0.38	0.83	0.9	0.91	0.81	0.85	0.98	0.72	1.0	0.89	0.82	-0.77	0.72	0.91	0.87	0.86	0.97	0.94	0.89	-0.53
Short Long Term Debt Total	0.47	0.95		0.89	0.95	0.84	-0.54	0.71	0.88	0.83	0.89	0.77	0.95	0.59	0.97	0.87	0.79	-0.64	0.59	0.86	0.78	0.75	1.0	0.9	0.79	-0.5
Other Current Liab	0.55	0.97	0.89		0.96	0.96	-0.24	0.82	0.86	0.89	0.75	0.86	0.94	0.68	0.96	0.89	0.79	-0.74	0.68	0.89	0.93	0.8	0.91	0.95	0.92	-0.5
Total Current Liabilities	0.55	0.98	0.95	0.96		0.91	-0.31	0.81	0.87	0.87	0.79	0.81	0.99	0.73	0.97	0.9	0.88	-0.8	0.73	0.88	0.87	0.8	0.96	0.92	0.87	-0.59
Total Stockholder Equity	0.67	0.96	0.84	0.96	0.91		-0.29	0.86	0.87	0.9	0.69	0.86	0.93	0.74	0.95	0.83	0.75	-0.79	0.74	0.88	0.87	0.9	0.87	0.91	0.9	-0.47
Other Liab	-0.05	-0.38	-0.54	-0.24	-0.31	-0.29		-0.06	-0.46	-0.35	-0.55	-0.22	-0.35	-0.23	-0.44	-0.34	-0.33	0.07	-0.23	-0.35	-0.19	-0.37	-0.5	-0.23	-0.34	-0.19
Net Tangible Assets	0.71	0.83	0.71	0.82	0.81	0.86	-0.06		0.72	0.76	0.54	0.68	0.87	0.75	0.78	0.56	0.62	-0.83	0.75	0.73	0.59	0.89	0.75	0.82	0.78	-0.75
Property Plant And Equipment Net	0.73	0.9	0.88	0.86	0.87	0.87	-0.46	0.72		0.99	0.92	0.95	0.87	0.62	0.91	0.87	0.73	-0.69	0.62	0.99	0.82	0.73	0.9	0.84	0.78	-0.32
Current Deferred Revenue	0.77	0.91	0.83	0.89	0.87	0.9	-0.35	0.76	0.99		0.86	0.97	0.87	0.67	0.9	0.86	0.75	-0.75	0.67	0.99	0.85	0.76	0.86	0.84	0.82	-0.33
Net Debt	0.52	0.81	0.89	0.75	0.79	0.69	-0.55	0.54	0.92	0.86		0.84	0.78	0.34	0.84	0.81	0.6	-0.43	0.34	0.9	0.71	0.52	0.89	0.81	0.61	-0.29
Retained Earnings	0.77	0.85	0.77	0.86	0.81	0.86	-0.22	0.68	0.95	0.97	0.84		0.79	0.54	0.85	0.87	0.66	-0.66	0.54	0.98	0.88	0.65	0.79	0.83	0.72	-0.28
Accounts Payable	0.6	0.98	0.95	0.94	0.99	0.93	-0.35	0.87	0.87	0.87	0.78	0.79		0.76	0.97	0.84	0.84	-0.81	0.76	0.87	0.81	0.87	0.96	0.92	0.86	-0.63
Cash	0.63	0.72	0.59	0.68	0.73	0.74	-0.23	0.75	0.62	0.67	0.34	0.54	0.76		0.67	0.6	0.85	-0.95	1.0	0.61	0.57	0.87	0.61	0.5	0.75	-0.45
Non Current Assets Total	0.57	1.0	0.97	0.96	0.97	0.95	-0.44	0.78	0.91	0.9	0.84	0.85	0.97	0.67		0.91	0.81	-0.72	0.67	0.91	0.88	0.83	0.98	0.94	0.87	-0.49
Non Currrent Assets Other	0.5	0.89	0.87	0.89	0.9	0.83	-0.34	0.56	0.87	0.86	0.81	0.87	0.84	0.6	0.91		0.87	-0.69	0.6	0.89	0.94	0.62	0.87	0.8	0.77	-0.32
Other Assets	0.46	0.82	0.79	0.79	0.88	0.75	-0.33	0.62	0.73	0.75	0.6	0.66	0.84	0.85	0.81	0.87		-0.86	0.85	0.74	0.77	0.71	0.79	0.63	0.79	-0.45
Long Term Debt	-0.74	-0.77	-0.64	-0.74	-0.8	-0.79	0.07	-0.83	-0.69	-0.75	-0.43	-0.66	-0.81	-0.95	-0.72	-0.69	-0.86		-0.95	-0.7	-0.64	-0.85	-0.67	-0.61	-0.73	0.61
Cash And Short Term Investments	0.63	0.72	0.59	0.68	0.73	0.74	-0.23	0.75	0.62	0.67	0.34	0.54	0.76	1.0	0.67	0.6	0.85	-0.95		0.61	0.57	0.87	0.61	0.5	0.75	-0.45
Net Receivables	0.73	0.91	0.86	0.89	0.88	0.88	-0.35	0.73	0.99	0.99	0.9	0.98	0.87	0.61	0.91	0.89	0.74	-0.7	0.61		0.87	0.7	0.88	0.87	0.79	-0.34
Good Will	0.5	0.87	0.78	0.93	0.87	0.87	-0.19	0.59	0.82	0.85	0.71	0.88	0.81	0.57	0.88	0.94	0.77	-0.64	0.57	0.87		0.61	0.8	0.83	0.81	-0.25
Common Stock Total Equity	0.68	0.86	0.75	0.8	0.8	0.9	-0.37	0.89	0.73	0.76	0.52	0.65	0.87	0.87	0.83	0.62	0.71	-0.85	0.87	0.7	0.61		0.77	0.73	0.82	-0.55
Non Current Liabilities Total	0.51	0.97	1.0	0.91	0.96	0.87	-0.5	0.75	0.9	0.86	0.89	0.79	0.96	0.61	0.98	0.87	0.79	-0.67	0.61	0.88	0.8	0.77		0.92	0.81	-0.53
Inventory	0.53	0.94	0.9	0.95	0.92	0.91	-0.23	0.82	0.84	0.84	0.81	0.83	0.92	0.5	0.94	0.8	0.63	-0.61	0.5	0.87	0.83	0.73	0.92		0.81	-0.59
Other Current Assets	0.42	0.89	0.79	0.92	0.87	0.9	-0.34	0.78	0.78	0.82	0.61	0.72	0.86	0.75	0.87	0.77	0.79	-0.73	0.75	0.79	0.81	0.82	0.81	0.81		-0.38
Other Stockholder Equity	-0.36	-0.53	-0.5	-0.5	-0.59	-0.47	-0.19	-0.75	-0.32	-0.33	-0.29	-0.28	-0.63	-0.45	-0.49	-0.32	-0.45	0.61	-0.45	-0.34	-0.25	-0.55	-0.53	-0.59	-0.38

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Aritzia Account Relationship Matchups

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 against Aritzia Stock

0.55	JPM	JPMorgan Chase	Pair Corr
0.5	BOFA	Bank of America	Pair Corr
0.34	BRK	Berkshire Hathaway CDR	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Aritzia Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Aritzia fundamental ratios Correlations

Aritzia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Aritzia

Moving against Aritzia Stock

Other Information on Investing in Aritzia Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Current Liabilities
Current Deferred Revenue	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.95	Long Term Debt
Long Term Debt	- 0.95	Cash
Long Term Debt	- 0.86	Other Assets
Common Stock Total Equity	- 0.85	Long Term Debt
Long Term Debt	- 0.83	Net Tangible Assets
Long Term Debt	- 0.81	Accounts Payable