Artis Free Cash Flow Yield vs Price To Sales Ratio Analysis

AX-UN Stock

CAD 7.70 0.07 0.90%

Artis Real financial indicator trend analysis is way more than just evaluating Artis Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artis Real Estate is a good investment. Please check the relationship between Artis Real Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artis Real Estate. 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 Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

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

The correlation between Artis Real's Free Cash Flow Yield and Price To Sales Ratio is -0.61. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Artis Real Estate, assuming nothing else is changed. The correlation between historical values of Artis Real's Free Cash Flow Yield and Price To Sales 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 Artis Real Estate are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Artis Real's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

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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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Artis Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Artis Real sales, a figure that is much harder to manipulate than other Artis Real Estate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Artis Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artis Real Estate 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 Artis Real Estate. 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.

Selling General Administrative is likely to gain to about 10.3 M in 2024, despite the fact that Tax Provision is likely to grow to (5.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	67.1M	87.2M	119.3M	79.3M
Depreciation And Amortization	173.2M	193.2M	201.6M	103.5M

Interest Expense Depreciation And Amortization

Artis Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Current Assets	Short Term Debt	Inventory	Short Term Investments	Current Deferred Revenue
Total Assets		0.99	0.54	0.56	0.99	0.98	0.27	0.68	0.18	0.37	0.18	0.57	0.99	0.84	-0.24	0.99	0.15	0.94	-0.84	0.99	0.79	0.19	0.43	0.04	-0.12	0.68
Short Long Term Debt Total	0.99		0.45	0.5	0.95	1.0	0.29	0.72	0.11	0.36	0.11	0.59	0.97	0.88	-0.14	1.0	0.15	0.93	-0.86	0.98	0.77	0.13	0.37	0.07	-0.19	0.63
Other Current Liab	0.54	0.45		0.8	0.59	0.42	-0.36	0.22	0.44	0.61	0.44	0.58	0.6	0.1	-0.27	0.47	0.49	0.67	-0.5	0.47	0.56	0.19	0.74	0.3	0.54	0.54
Total Current Liabilities	0.56	0.5	0.8		0.59	0.5	-0.4	0.2	0.12	0.54	0.12	0.56	0.59	0.04	-0.29	0.52	0.5	0.68	-0.51	0.49	0.5	0.21	0.98	0.4	0.5	0.45
Total Stockholder Equity	0.99	0.95	0.59	0.59		0.94	0.27	0.63	0.23	0.35	0.23	0.52	0.98	0.78	-0.33	0.95	0.13	0.93	-0.8	0.98	0.79	0.23	0.46	0.0	-0.07	0.7
Net Debt	0.98	1.0	0.42	0.5	0.94		0.28	0.69	0.04	0.35	0.04	0.59	0.96	0.88	-0.16	1.0	0.14	0.91	-0.85	0.97	0.76	0.13	0.37	0.08	-0.19	0.62
Retained Earnings	0.27	0.29	-0.36	-0.4	0.27	0.28		0.44	0.14	-0.41	0.14	-0.4	0.23	0.55	0.18	0.27	-0.82	0.1	-0.12	0.34	0.21	0.01	-0.49	-0.84	-0.69	0.21
Accounts Payable	0.68	0.72	0.22	0.2	0.63	0.69	0.44		0.45	0.3	0.45	0.36	0.68	0.73	0.31	0.72	0.01	0.7	-0.8	0.68	0.39	0.08	0.05	-0.11	-0.52	0.33
Cash	0.18	0.11	0.44	0.12	0.23	0.04	0.14	0.45		0.14	1.0	0.0	0.22	0.08	0.23	0.13	0.09	0.31	-0.31	0.17	0.17	0.07	0.04	-0.17	-0.11	0.24
Other Assets	0.37	0.36	0.61	0.54	0.35	0.35	-0.41	0.3	0.14		0.14	0.75	0.4	0.13	-0.02	0.38	0.65	0.47	-0.46	0.29	0.28	0.04	0.5	0.57	0.42	0.2
Cash And Short Term Investments	0.18	0.11	0.44	0.12	0.23	0.04	0.14	0.45	1.0	0.14		0.0	0.22	0.08	0.23	0.13	0.09	0.31	-0.31	0.17	0.17	0.07	0.04	-0.17	-0.11	0.24
Net Receivables	0.57	0.59	0.58	0.56	0.52	0.59	-0.4	0.36	0.0	0.75	0.0		0.63	0.38	-0.04	0.6	0.75	0.68	-0.68	0.47	0.34	0.22	0.48	0.71	0.25	0.23
Common Stock Shares Outstanding	0.99	0.97	0.6	0.59	0.98	0.96	0.23	0.68	0.22	0.4	0.22	0.63		0.8	-0.2	0.97	0.19	0.97	-0.87	0.97	0.79	0.27	0.45	0.07	-0.1	0.66
Non Current Liabilities Total	0.84	0.88	0.1	0.04	0.78	0.88	0.55	0.73	0.08	0.13	0.08	0.38	0.8		-0.01	0.87	-0.09	0.71	-0.72	0.87	0.62	0.04	-0.11	-0.14	-0.49	0.5
Other Stockholder Equity	-0.24	-0.14	-0.27	-0.29	-0.33	-0.16	0.18	0.31	0.23	-0.02	0.23	-0.04	-0.2	-0.01		-0.15	-0.07	-0.07	-0.14	-0.26	-0.11	-0.18	-0.32	-0.04	-0.46	-0.34
Total Liab	0.99	1.0	0.47	0.52	0.95	1.0	0.27	0.72	0.13	0.38	0.13	0.6	0.97	0.87	-0.15		0.17	0.94	-0.87	0.98	0.77	0.14	0.39	0.08	-0.17	0.64
Total Current Assets	0.15	0.15	0.49	0.5	0.13	0.14	-0.82	0.01	0.09	0.65	0.09	0.75	0.19	-0.09	-0.07	0.17		0.34	-0.35	0.07	0.05	0.04	0.51	0.96	0.46	-0.03
Common Stock	0.94	0.93	0.67	0.68	0.93	0.91	0.1	0.7	0.31	0.47	0.31	0.68	0.97	0.71	-0.07	0.94	0.34		-0.93	0.91	0.76	0.26	0.55	0.2	-0.07	0.59
Property Plant And Equipment Net	-0.84	-0.86	-0.5	-0.51	-0.8	-0.85	-0.12	-0.8	-0.31	-0.46	-0.31	-0.68	-0.87	-0.72	-0.14	-0.87	-0.35	-0.93		-0.81	-0.57	-0.19	-0.37	-0.25	0.32	-0.29
Non Current Assets Total	0.99	0.98	0.47	0.49	0.98	0.97	0.34	0.68	0.17	0.29	0.17	0.47	0.97	0.87	-0.26	0.98	0.07	0.91	-0.81		0.8	0.18	0.36	-0.04	-0.18	0.68
Non Currrent Assets Other	0.79	0.77	0.56	0.5	0.79	0.76	0.21	0.39	0.17	0.28	0.17	0.34	0.79	0.62	-0.11	0.77	0.05	0.76	-0.57	0.8		-0.06	0.41	-0.04	0.11	0.75
Other Current Assets	0.19	0.13	0.19	0.21	0.23	0.13	0.01	0.08	0.07	0.04	0.07	0.22	0.27	0.04	-0.18	0.14	0.04	0.26	-0.19	0.18	-0.06		0.19	-0.03	-0.06	0.04
Short Term Debt	0.43	0.37	0.74	0.98	0.46	0.37	-0.49	0.05	0.04	0.5	0.04	0.48	0.45	-0.11	-0.32	0.39	0.51	0.55	-0.37	0.36	0.41	0.19		0.43	0.59	0.38
Inventory	0.04	0.07	0.3	0.4	0.0	0.08	-0.84	-0.11	-0.17	0.57	-0.17	0.71	0.07	-0.14	-0.04	0.08	0.96	0.2	-0.25	-0.04	-0.04	-0.03	0.43		0.43	-0.17
Short Term Investments	-0.12	-0.19	0.54	0.5	-0.07	-0.19	-0.69	-0.52	-0.11	0.42	-0.11	0.25	-0.1	-0.49	-0.46	-0.17	0.46	-0.07	0.32	-0.18	0.11	-0.06	0.59	0.43		0.28
Current Deferred Revenue	0.68	0.63	0.54	0.45	0.7	0.62	0.21	0.33	0.24	0.2	0.24	0.23	0.66	0.5	-0.34	0.64	-0.03	0.59	-0.29	0.68	0.75	0.04	0.38	-0.17	0.28

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Artis Real Account Relationship Matchups

Artis Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3B	4.9B	4.6B	4.6B	3.7B	3.8B
Short Long Term Debt Total	2.7B	2.4B	2.0B	2.2B	1.9B	1.9B
Other Current Liab	49.2M	61.7M	84.4M	43.4M	65.8M	36.0M
Total Current Liabilities	717.2M	877.6M	954.5M	1.4B	971.5M	570.3M
Total Stockholder Equity	2.5B	2.3B	2.5B	2.2B	1.7B	1.8B
Net Debt	2.7B	2.4B	1.7B	2.2B	1.9B	1.9B
Retained Earnings	169.2M	91.0M	86.7M	(73.0M)	(488.9M)	(464.4M)
Accounts Payable	39.0M	35.4M	36.8M	29.5M	18.7M	29.0M
Cash	42.5M	34.7M	221.5M	29.2M	28.9M	56.5M
Other Assets	141.8M	69.9M	84.5M	86.7M	99.7M	80.9M
Cash And Short Term Investments	42.5M	34.7M	221.5M	29.2M	28.9M	57.1M
Net Receivables	25.0M	18.8M	15.5M	18.3M	30.7M	20.5M
Common Stock Shares Outstanding	142.4M	136.6M	130.0M	118.5M	111.3M	103.1M
Liabilities And Stockholders Equity	5.3B	4.9B	4.6B	4.6B	3.7B	3.8B
Non Current Liabilities Total	2.1B	1.6B	1.2B	974.1M	1.0B	1.5B
Other Stockholder Equity	175.0M	49.3M	68.7M	87.8M	150.7M	138.3M
Total Liab	2.9B	2.5B	2.1B	2.3B	2.0B	2.0B
Total Current Assets	320.5M	173.6M	340.1M	406.1M	646.8M	679.2M
Common Stock	1.8B	1.8B	1.9B	1.8B	1.6B	1.5B
Property Plant And Equipment Net	7.8M	7.5M	6.4M	5.3M	4.3M	4.1M
Non Current Assets Total	5.0B	4.7B	4.2B	4.1B	3.1B	3.8B
Non Currrent Assets Other	4.8B	4.5B	4.0B	3.4B	2.5B	3.0B
Other Current Assets	16.5M	30.5M	40.2M	22.8M	15.4M	21.3M
Short Term Debt	596.1M	750.4M	801.5M	1.3B	863.2M	542.9M
Inventory	236.5M	89.5M	62.9M	335.8M	571.8M	600.3M
Accumulated Other Comprehensive Income	33.3M	147.2M	145.8M	256.6M	224.3M	235.5M
Current Deferred Revenue	32.8M	30.1M	31.9M	25.5M	23.7M	23.8M
Other Liab	1M	1.8M	889K	10.5M	12.0M	12.6M
Net Tangible Assets	2.2B	2.0B	2.2B	2.0B	1.8B	1.8B
Long Term Debt	2.1B	1.6B	1.2B	962.7M	1.0B	1.4B
Long Term Investments	186.6M	200.3M	257.3M	757.0M	556.3M	286.2M
Short Long Term Debt	596.1M	750.4M	801.5M	1.3B	863.2M	723.8M
Property Plant Equipment	4.7B	4.4B	3.9B	3.3B	3.0B	3.7B
Non Current Liabilities Other	1M	1.8M	2.0M	1.9M	1.6M	2.8M
Net Invested Capital	4.9B	4.4B	4.1B	4.2B	3.4B	3.6B
Net Working Capital	(396.7M)	(704.0M)	(614.5M)	(944.6M)	(324.6M)	(340.9M)
Capital Stock	2.1B	2.0B	2.2B	2.0B	1.8B	1.7B

Pair Trading with Artis Real

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 Artis Real 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 Artis Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Artis Stock

0.71

AEMC

Alaska Energy Metals

Pair Corr

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

The correlation of Artis Real 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 Artis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artis Real Estate 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 Artis Real 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

Additional Tools for Artis Stock Analysis

When running Artis Real's price analysis, check to measure Artis Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Artis Real is operating at the current time. Most of Artis Real's value examination focuses on studying past and present price action to predict the probability of Artis Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artis Real's price. Additionally, you may evaluate how the addition of Artis Real to your portfolios can decrease your overall portfolio volatility.

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