Bombardier Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis
BBD-B Stock | CAD 93.02 3.47 3.60% |
Bombardier financial indicator trend analysis is way more than just evaluating Bombardier prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bombardier is a good investment. Please check the relationship between Bombardier Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bombardier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Common Stock Shares Outstanding vs Property Plant And Equipment Net
Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bombardier Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bombardier's Common Stock Shares Outstanding and Property Plant And Equipment Net is -0.33. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Bombardier, assuming nothing else is changed. The correlation between historical values of Bombardier's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Bombardier are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Bombardier's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Bombardier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bombardier 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 Bombardier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Bombardier's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 95.4 M in 2024, despite the fact that Tax Provision is likely to grow to (84.5 M).
2022 | 2023 | 2024 (projected) | Interest Expense | 554M | 463M | 358.5M | Depreciation And Amortization | 415M | 147M | 139.7M |
Bombardier fundamental ratios Correlations
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Bombardier Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bombardier fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.0B | 23.1B | 12.8B | 12.3B | 12.5B | 21.0B | |
Short Long Term Debt Total | 9.3B | 10.1B | 7.0B | 6.0B | 5.6B | 6.8B | |
Other Current Liab | 12.0B | 13.8B | 3.9B | 4.4B | 4.4B | 6.2B | |
Total Current Liabilities | 15.3B | 16.8B | 4.8B | 5.4B | 5.9B | 10.9B | |
Total Stockholder Equity | (7.7B) | (9.3B) | (3.1B) | (2.8B) | (2.4B) | (2.3B) | |
Property Plant And Equipment Net | 1.8B | 668M | 837M | 1.2B | 1.4B | 1.6B | |
Current Deferred Revenue | 5.7B | 2.4B | 2.9B | 3.3B | 3.5B | 2.1B | |
Net Debt | 6.7B | 7.6B | 5.4B | 4.7B | 4.0B | 4.3B | |
Retained Earnings | (8.1B) | (9.0B) | (4.0B) | (4.2B) | (3.7B) | (3.6B) | |
Accounts Payable | 3.3B | 1.1B | 880M | 1.0B | 1.6B | 2.6B | |
Cash | 2.6B | 2.5B | 1.7B | 1.3B | 1.6B | 2.5B | |
Non Current Assets Total | 11.5B | 6.4B | 7.3B | 6.7B | 6.5B | 8.9B | |
Non Currrent Assets Other | 562M | 357M | 387M | 372M | 826M | 964.6M | |
Other Assets | 1.2B | 468M | 2.3B | 1.7B | 1.9B | 1.3B | |
Cash And Short Term Investments | 2.8B | 2.7B | 1.8B | 1.8B | 1.6B | 2.7B | |
Net Receivables | 4.2B | 339M | 300M | 312M | 335M | 318.3M | |
Common Stock Shares Outstanding | 95.4M | 96.3M | 99.0M | 94.5M | 97.7M | 81.3M | |
Liabilities And Stockholders Equity | 25.0B | 23.1B | 12.8B | 12.3B | 12.5B | 21.0B | |
Non Current Liabilities Total | 15.6B | 12.9B | 11.1B | 9.6B | 8.9B | 9.8B | |
Inventory | 4.6B | 3.7B | 3.2B | 3.3B | 3.8B | 5.3B | |
Other Current Assets | 2.1B | 10.9B | 264M | 660M | 237M | 225.2M | |
Other Stockholder Equity | 573M | 548M | 486M | 502M | 479M | 625.4M | |
Total Liab | 30.9B | 29.7B | 15.9B | 15.1B | 14.9B | 20.7B | |
Property Plant And Equipment Gross | 1.8B | 668M | 1.9B | 2.4B | 2.6B | 1.7B | |
Total Current Assets | 13.5B | 16.6B | 5.5B | 5.6B | 5.9B | 5.6B | |
Accumulated Other Comprehensive Income | (3.1B) | (3.8B) | (2.6B) | (2.1B) | (2.2B) | (2.1B) | |
Short Term Debt | 8M | 1.9B | 385M | 344M | 309.6M | 294.1M | |
Common Stock | 2.6B | 2.7B | 2.6B | 2.6B | 2.7B | 1.5B | |
Intangible Assets | 4.6B | 4.4B | 4.1B | 3.9B | 3.6B | 4.5B | |
Short Term Investments | 195M | 227M | 76M | 472M | 97M | 92.2M | |
Common Stock Total Equity | 2.2B | 2.6B | 2.6B | 2.7B | 3.1B | 2.2B | |
Other Liab | 5.8B | 4.5B | 3.8B | 3.2B | 2.9B | 4.6B | |
Net Tangible Assets | (14.6B) | (14.1B) | (7.6B) | (7.0B) | (6.3B) | (6.6B) | |
Long Term Debt | 9.3B | 8.2B | 7.0B | 6.0B | 5.6B | 6.3B | |
Long Term Investments | 2.0B | 912M | 1.7B | 899M | 757M | 1.2B | |
Short Long Term Debt | 18M | 10M | 8M | 1.9B | 1.7B | 948.6M | |
Property Plant Equipment | 1.8B | 668M | 837M | 1.2B | 1.1B | 1.3B | |
Non Current Liabilities Other | 2.1B | 1.6B | 1.6B | 1.5B | 1.2B | 1.4B | |
Net Invested Capital | 1.3B | 403M | 3.6B | 2.9B | 2.9B | 2.7B |
Pair Trading with Bombardier
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 Bombardier 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 Bombardier will appreciate offsetting losses from the drop in the long position's value.Moving together with Bombardier Stock
The ability to find closely correlated positions to Bombardier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bombardier 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 Bombardier - 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 Bombardier to buy it.
The correlation of Bombardier 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 Bombardier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bombardier 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 Bombardier 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.Additional Tools for Bombardier Stock Analysis
When running Bombardier's price analysis, check to measure Bombardier'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 Bombardier is operating at the current time. Most of Bombardier's value examination focuses on studying past and present price action to predict the probability of Bombardier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bombardier's price. Additionally, you may evaluate how the addition of Bombardier to your portfolios can decrease your overall portfolio volatility.