Bombardier Short Term Debt vs Property Plant And Equipment Gross Analysis

BBD-B Stock  CAD 103.65  2.84  2.82%   
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 Short Term Debt and its Property Plant And Equipment Gross 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.

Short Term Debt vs Property Plant And Equipment Gross

Short Term Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bombardier Short Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bombardier's Short Term Debt and Property Plant And Equipment Gross is -0.2. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Bombardier, assuming nothing else is changed. The correlation between historical values of Bombardier's Short Term Debt and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Bombardier are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Debt i.e., Bombardier's Short Term Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Property Plant And Equipment Gross

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 Expense554M495M359.8M
Depreciation And Amortization415M431M432.2M

Bombardier fundamental ratios Correlations

0.630.480.91-0.120.710.610.320.050.750.910.90.250.310.940.39-0.060.80.80.73-0.240.920.070.860.710.09
0.630.50.7-0.790.180.450.92-0.70.270.580.49-0.130.180.590.280.630.890.150.110.190.86-0.070.620.610.7
0.480.50.71-0.43-0.07-0.060.39-0.240.080.430.130.38-0.10.40.00.060.360.20.38-0.370.58-0.490.780.380.17
0.910.70.71-0.360.450.490.49-0.190.610.760.670.180.10.770.380.050.710.560.55-0.150.93-0.210.910.720.17
-0.12-0.79-0.43-0.360.3-0.07-0.890.970.11-0.130.070.260.19-0.09-0.21-0.8-0.520.420.35-0.34-0.470.3-0.27-0.31-0.76
0.710.18-0.070.450.30.55-0.110.40.790.70.840.30.580.750.35-0.330.540.880.73-0.310.540.530.450.5-0.17
0.610.45-0.060.49-0.070.550.34-0.030.40.410.76-0.270.320.510.440.220.630.450.350.30.60.480.430.560.36
0.320.920.390.49-0.89-0.110.34-0.85-0.020.230.2-0.340.060.250.170.750.69-0.16-0.220.420.63-0.120.390.450.78
0.05-0.7-0.24-0.190.970.4-0.03-0.850.210.030.20.380.230.07-0.16-0.85-0.390.560.52-0.46-0.310.25-0.07-0.17-0.77
0.750.270.080.610.110.790.4-0.020.210.720.740.370.270.70.67-0.270.510.680.64-0.340.610.110.530.59-0.2
0.910.580.430.76-0.130.70.410.230.030.720.830.40.330.980.350.00.80.740.75-0.40.840.10.770.590.12
0.90.490.130.670.070.840.760.20.20.740.830.210.480.880.41-0.030.790.820.74-0.20.790.410.630.60.12
0.25-0.130.380.180.260.3-0.27-0.340.380.370.40.210.240.30.05-0.290.070.420.7-0.990.130.10.26-0.13-0.2
0.310.18-0.10.10.190.580.320.060.230.270.330.480.240.39-0.07-0.020.390.580.45-0.260.260.610.140.140.16
0.940.590.40.77-0.090.750.510.250.070.70.980.880.30.390.31-0.020.820.790.75-0.310.860.170.780.640.12
0.390.280.00.38-0.210.350.440.17-0.160.670.350.410.05-0.070.310.060.410.10.260.030.43-0.120.370.670.05
-0.060.630.060.05-0.8-0.330.220.75-0.85-0.270.0-0.03-0.29-0.02-0.020.060.45-0.48-0.390.370.270.15-0.04-0.020.96
0.80.890.360.71-0.520.540.630.69-0.390.510.80.790.070.390.820.410.450.470.44-0.020.920.220.690.690.57
0.80.150.20.560.420.880.45-0.160.560.680.740.820.420.580.790.1-0.480.470.86-0.460.560.350.60.44-0.29
0.730.110.380.550.350.730.35-0.220.520.640.750.740.70.450.750.26-0.390.440.86-0.730.530.270.660.37-0.2
-0.240.19-0.37-0.15-0.34-0.310.30.42-0.46-0.34-0.4-0.2-0.99-0.26-0.310.030.37-0.02-0.46-0.73-0.09-0.1-0.260.160.26
0.920.860.580.93-0.470.540.60.63-0.310.610.840.790.130.260.860.430.270.920.560.53-0.090.00.870.760.4
0.07-0.07-0.49-0.210.30.530.48-0.120.250.110.10.410.10.610.17-0.120.150.220.350.27-0.10.0-0.21-0.20.27
0.860.620.780.91-0.270.450.430.39-0.070.530.770.630.260.140.780.37-0.040.690.60.66-0.260.87-0.210.80.11
0.710.610.380.72-0.310.50.560.45-0.170.590.590.6-0.130.140.640.67-0.020.690.440.370.160.76-0.20.80.07
0.090.70.170.17-0.76-0.170.360.78-0.77-0.20.120.12-0.20.160.120.050.960.57-0.29-0.20.260.40.270.110.07
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Bombardier Account Relationship Matchups

Bombardier fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.0B23.1B12.8B12.3B12.5B21.0B
Short Long Term Debt Total9.3B10.1B7.0B6.0B5.6B6.8B
Other Current Liab3.8B11.5B650M1.1B585M555.8M
Total Current Liabilities15.3B16.8B4.8B5.4B5.9B10.9B
Total Stockholder Equity(7.7B)(9.3B)(3.1B)(2.8B)(2.4B)(2.3B)
Property Plant And Equipment Net1.8B668M837M1.2B1.4B1.6B
Current Deferred Revenue5.7B2.4B2.9B3.3B3.5B2.1B
Net Debt6.7B7.6B5.4B4.7B4.0B4.3B
Retained Earnings(8.1B)(9.0B)(4.0B)(4.2B)(3.7B)(3.6B)
Accounts Payable3.3B1.1B880M1.0B1.6B2.8B
Cash2.6B2.5B1.7B1.3B1.6B2.5B
Non Current Assets Total11.5B6.4B7.3B6.7B6.5B8.9B
Non Currrent Assets Other562M357M387M372M371M352.5M
Other Assets1.2B468M2.3B1.7B1.9B1.3B
Cash And Short Term Investments2.8B2.7B1.8B1.8B1.7B2.7B
Net Receivables4.3B355M324M319M342M324.9M
Common Stock Shares Outstanding95.4M96.3M99.0M94.5M97.7M81.3M
Liabilities And Stockholders Equity25.0B23.1B12.8B12.3B12.5B21.0B
Non Current Liabilities Total15.6B12.9B11.1B9.6B8.9B9.8B
Inventory4.6B3.7B3.2B3.3B3.8B5.3B
Other Current Assets473M218M164M181M133M126.4M
Other Stockholder Equity519M548M486M502M479M468.8M
Total Liab30.9B29.7B15.9B15.1B14.9B20.7B
Property Plant And Equipment Gross1.8B668M1.9B2.4B2.6B1.7B
Total Current Assets13.5B16.6B5.5B5.6B5.9B5.6B
Accumulated Other Comprehensive Income(3.1B)(3.8B)(2.6B)(2.1B)(2.2B)(2.1B)
Short Term Debt2.5B1.9B385M344M395.6M375.8M
Common Stock2.6B2.7B2.6B2.6B2.7B1.5B
Intangible Assets4.6B4.4B4.1B3.9B3.6B4.5B
Short Term Investments195M227M76M472M97M92.2M
Common Stock Total Equity2.2B2.6B2.6B2.7B3.1B2.2B
Other Liab5.8B4.5B3.8B3.2B2.9B4.6B
Net Tangible Assets(14.6B)(14.1B)(7.6B)(7.0B)(6.3B)(6.6B)
Long Term Debt9.3B8.2B7.0B6.0B5.6B6.3B
Long Term Investments2.0B912M1.7B899M757M1.2B
Short Long Term Debt18M10M8M1.9B1.7B948.6M
Property Plant Equipment1.8B668M837M1.2B1.1B1.3B
Non Current Liabilities Other2.1B1.6B1.6B1.5B1.2B1.4B
Net Invested Capital1.3B403M3.6B2.9B2.9B2.7B

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 against Bombardier Stock

  0.47SCD Scandium CanadaPairCorr
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.
Pair CorrelationCorrelation Matching

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.