Aritzia Free Cash Flow Yield vs Pb Ratio Analysis

ATZ Stock

CAD 43.81 0.48 1.11%

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 Free Cash Flow Yield and its Pb Ratio 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.

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

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

The correlation between Aritzia's Free Cash Flow Yield and Pb Ratio is -0.54. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Aritzia, assuming nothing else is changed. The correlation between historical values of Aritzia's Free Cash Flow Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Aritzia are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Aritzia's Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Pb Ratio

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 24th 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	48.8M	51.3M
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	0.56	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	0.63	-0.36
Total Assets	0.6		0.95	0.82	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	0.9	0.87	0.86	0.97	0.94	0.98	-0.53
Short Long Term Debt Total	0.47	0.95		0.67	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	0.91	-0.5
Other Current Liab	0.56	0.82	0.67		0.86	0.84	0.02	0.79	0.69	0.77	0.47	0.72	0.83	0.84	0.78	0.8	0.88	-0.92	0.84	0.71	0.81	0.76	0.71	0.72	0.88	-0.59
Total Current Liabilities	0.55	0.98	0.95	0.86		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	0.87	0.87	0.8	0.96	0.92	0.98	-0.59
Total Stockholder Equity	0.67	0.96	0.84	0.84	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	0.87	0.87	0.9	0.87	0.91	0.95	-0.47
Other Liab	-0.05	-0.38	-0.54	0.02	-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	-0.37	-0.19	-0.37	-0.5	-0.23	-0.29	-0.19
Net Tangible Assets	0.71	0.83	0.71	0.79	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	0.72	0.59	0.89	0.75	0.82	0.82	-0.75
Property Plant And Equipment Net	0.73	0.9	0.88	0.69	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	0.87	-0.32
Current Deferred Revenue	0.77	0.91	0.83	0.77	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	0.88	-0.33
Net Debt	0.52	0.81	0.89	0.47	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	0.92	0.71	0.52	0.89	0.81	0.75	-0.29
Retained Earnings	0.77	0.85	0.77	0.72	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	0.97	0.88	0.65	0.79	0.83	0.84	-0.28
Accounts Payable	0.6	0.98	0.95	0.83	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	0.86	0.81	0.87	0.96	0.92	0.97	-0.63
Cash	0.63	0.72	0.59	0.84	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	0.57	0.57	0.87	0.61	0.5	0.77	-0.45
Non Current Assets Total	0.57	1.0	0.97	0.78	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	0.97	-0.49
Non Currrent Assets Other	0.5	0.89	0.87	0.8	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	0.87	0.94	0.62	0.87	0.8	0.92	-0.32
Other Assets	0.46	0.82	0.79	0.88	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	0.71	0.77	0.71	0.79	0.63	0.88	-0.45
Long Term Debt	-0.74	-0.77	-0.64	-0.92	-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	-0.67	-0.64	-0.85	-0.67	-0.61	-0.84	0.61
Cash And Short Term Investments	0.63	0.72	0.59	0.84	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		0.57	0.57	0.87	0.61	0.5	0.77	-0.45
Net Receivables	0.73	0.9	0.86	0.71	0.87	0.87	-0.37	0.72	0.99	0.99	0.92	0.97	0.86	0.57	0.91	0.87	0.71	-0.67	0.57		0.85	0.69	0.88	0.87	0.87	-0.32
Good Will	0.5	0.87	0.78	0.81	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	0.85		0.61	0.8	0.83	0.89	-0.25
Common Stock Total Equity	0.68	0.86	0.75	0.76	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	0.69	0.61		0.77	0.73	0.85	-0.55
Non Current Liabilities Total	0.51	0.97	1.0	0.71	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	0.93	-0.53
Inventory	0.53	0.94	0.9	0.72	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		0.9	-0.59
Other Current Assets	0.63	0.98	0.91	0.88	0.98	0.95	-0.29	0.82	0.87	0.88	0.75	0.84	0.97	0.77	0.97	0.92	0.88	-0.84	0.77	0.87	0.89	0.85	0.93	0.9		-0.56
Other Stockholder Equity	-0.36	-0.53	-0.5	-0.59	-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	-0.32	-0.25	-0.55	-0.53	-0.59	-0.56

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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 together with Aritzia Stock

0.82

Toronto Dominion Bank

Pair Corr

Moving against Aritzia Stock

0.57	RY-PM	Royal Bank	Pair Corr
0.56	RY-PS	Royal Bank	Pair Corr
0.47	TD-PFI	Toronto Dominion Bank	Pair Corr
0.41	TD-PFD	Toronto Dominion Bank	Pair Corr
0.4	NVDA	NVIDIA 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 Free Cash Flow Yield vs Pb Ratio Analysis

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Pb Ratio

Aritzia fundamental ratios Correlations

Aritzia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Aritzia

Moving together with Aritzia Stock

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	- 0.92	Other Current Liab
Long Term Debt	- 0.86	Other Assets
Common Stock Total Equity	- 0.85	Long Term Debt
Other Current Assets	- 0.84	Long Term Debt