Birchcliff Free Cash Flow Yield vs Days Sales Outstanding Analysis

BIR Stock

CAD 5.42 0.10 1.81%

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

Free Cash Flow Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Birchcliff Energy Free Cash Flow Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between Birchcliff Energy's Free Cash Flow Yield and Days Sales Outstanding is -0.73. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Birchcliff Energy, assuming nothing else is changed. The correlation between historical values of Birchcliff Energy's Free Cash Flow Yield and Days Sales Outstanding 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 Birchcliff Energy are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Free Cash Flow Yield i.e., Birchcliff Energy's Free Cash Flow Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	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.

Days Sales Outstanding

Most indicators from Birchcliff Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Birchcliff Energy 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 Birchcliff Energy. 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, Birchcliff Energy's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 11.8 M, while Tax Provision is likely to drop about 5.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	549.5M	859.9M	177M	182.0M
Total Revenue	953.1M	1.4B	700.6M	374.2M

Gross Profit Total Revenue

Birchcliff Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Intangible Assets
Total Assets		0.34	0.68	0.98	0.87	-0.25	0.45	0.62	0.69	-0.68	1.0	0.12	-0.68	0.76	0.87	0.86	0.75	0.6	-0.13	0.76	0.9	0.76	0.02	0.9	0.47	-0.42
Other Current Liab	0.34		0.84	0.27	0.57	-0.68	0.46	-0.13	0.67	-0.44	0.34	-0.07	-0.44	0.59	0.5	0.58	0.53	-0.2	0.03	0.6	0.12	0.44	-0.02	0.55	0.44	0.52
Total Current Liabilities	0.68	0.84		0.63	0.77	-0.38	0.43	0.25	0.82	-0.59	0.68	-0.08	-0.6	0.77	0.73	0.77	0.67	0.24	0.05	0.75	0.56	0.65	-0.19	0.74	0.42	0.06
Total Stockholder Equity	0.98	0.27	0.63		0.83	-0.18	0.26	0.74	0.69	-0.6	0.97	0.15	-0.6	0.81	0.84	0.82	0.62	0.71	-0.14	0.64	0.95	0.83	-0.03	0.86	0.29	-0.46
Property Plant And Equipment Net	0.87	0.57	0.77	0.83		-0.51	0.57	0.38	0.76	-0.68	0.87	0.12	-0.68	0.83	0.97	0.96	0.88	0.32	-0.17	0.91	0.69	0.81	0.13	0.96	0.57	0.03
Current Deferred Revenue	-0.25	-0.68	-0.38	-0.18	-0.51		-0.55	0.19	-0.5	0.45	-0.25	-0.34	0.45	-0.34	-0.41	-0.45	-0.53	0.35	0.2	-0.54	0.08	-0.29	-0.56	-0.46	-0.54	-0.63
Net Debt	0.45	0.46	0.43	0.26	0.57	-0.55		-0.36	0.24	-0.66	0.46	0.05	-0.65	0.12	0.54	0.54	0.87	-0.38	-0.03	0.84	0.08	0.05	0.38	0.59	0.99	0.19
Retained Earnings	0.62	-0.13	0.25	0.74	0.38	0.19	-0.36		0.5	-0.25	0.61	0.01	-0.25	0.59	0.36	0.35	0.05	0.96	-0.07	0.07	0.85	0.66	-0.18	0.33	-0.34	-0.62
Accounts Payable	0.69	0.67	0.82	0.69	0.76	-0.5	0.24	0.5		-0.68	0.69	0.05	-0.68	0.81	0.69	0.72	0.55	0.4	-0.08	0.61	0.59	0.75	0.02	0.69	0.23	0.04
Cash	-0.68	-0.44	-0.59	-0.6	-0.68	0.45	-0.66	-0.25	-0.68		-0.69	0.01	1.0	-0.48	-0.63	-0.66	-0.73	-0.2	-0.21	-0.74	-0.49	-0.43	-0.18	-0.65	-0.64	0.1
Non Current Assets Total	1.0	0.34	0.68	0.97	0.87	-0.25	0.46	0.61	0.69	-0.69		0.12	-0.69	0.75	0.87	0.86	0.76	0.59	-0.13	0.77	0.9	0.74	0.03	0.9	0.48	-0.42
Non Currrent Assets Other	0.12	-0.07	-0.08	0.15	0.12	-0.34	0.05	0.01	0.05	0.01	0.12		0.01	0.03	0.19	0.08	0.05	0.01	-0.23	0.03	-0.03	0.03	0.51	0.2	0.07	-0.02
Cash And Short Term Investments	-0.68	-0.44	-0.6	-0.6	-0.68	0.45	-0.65	-0.25	-0.68	1.0	-0.69	0.01		-0.48	-0.63	-0.66	-0.73	-0.2	-0.21	-0.74	-0.49	-0.44	-0.18	-0.65	-0.64	0.1
Net Receivables	0.76	0.59	0.77	0.81	0.83	-0.34	0.12	0.59	0.81	-0.48	0.75	0.03	-0.48		0.83	0.85	0.51	0.54	-0.03	0.57	0.74	0.96	-0.12	0.82	0.11	0.01
Common Stock Total Equity	0.87	0.5	0.73	0.84	0.97	-0.41	0.54	0.36	0.69	-0.63	0.87	0.19	-0.63	0.83		0.97	0.84	0.34	-0.11	0.86	0.69	0.82	0.06	0.99	0.55	-0.04
Common Stock Shares Outstanding	0.86	0.58	0.77	0.82	0.96	-0.45	0.54	0.35	0.72	-0.66	0.86	0.08	-0.66	0.85	0.97		0.84	0.32	-0.1	0.86	0.68	0.84	-0.02	0.97	0.56	0.02
Non Current Liabilities Total	0.75	0.53	0.67	0.62	0.88	-0.53	0.87	0.05	0.55	-0.73	0.76	0.05	-0.73	0.51	0.84	0.84		0.01	-0.13	0.99	0.46	0.47	0.26	0.85	0.87	0.07
Other Current Assets	0.6	-0.2	0.24	0.71	0.32	0.35	-0.38	0.96	0.4	-0.2	0.59	0.01	-0.2	0.54	0.34	0.32	0.01		0.01	0.03	0.83	0.62	-0.32	0.31	-0.36	-0.71
Other Stockholder Equity	-0.13	0.03	0.05	-0.14	-0.17	0.2	-0.03	-0.07	-0.08	-0.21	-0.13	-0.23	-0.21	-0.03	-0.11	-0.1	-0.13	0.01		-0.11	-0.08	-0.05	-0.22	-0.1	-0.04	-0.06
Total Liab	0.76	0.6	0.75	0.64	0.91	-0.54	0.84	0.07	0.61	-0.74	0.77	0.03	-0.74	0.57	0.86	0.86	0.99	0.03	-0.11		0.48	0.52	0.21	0.87	0.83	0.09
Property Plant And Equipment Gross	0.9	0.12	0.56	0.95	0.69	0.08	0.08	0.85	0.59	-0.49	0.9	-0.03	-0.49	0.74	0.69	0.68	0.46	0.83	-0.08	0.48		0.76	-0.18	0.69	0.1	-0.62
Total Current Assets	0.76	0.44	0.65	0.83	0.81	-0.29	0.05	0.66	0.75	-0.43	0.74	0.03	-0.44	0.96	0.82	0.84	0.47	0.62	-0.05	0.52	0.76		-0.21	0.79	0.06	-0.05
Short Term Debt	0.02	-0.02	-0.19	-0.03	0.13	-0.56	0.38	-0.18	0.02	-0.18	0.03	0.51	-0.18	-0.12	0.06	-0.02	0.26	-0.32	-0.22	0.21	-0.18	-0.21		0.09	0.33	0.23
Common Stock	0.9	0.55	0.74	0.86	0.96	-0.46	0.59	0.33	0.69	-0.65	0.9	0.2	-0.65	0.82	0.99	0.97	0.85	0.31	-0.1	0.87	0.69	0.79	0.09		0.6	-0.05
Short Long Term Debt Total	0.47	0.44	0.42	0.29	0.57	-0.54	0.99	-0.34	0.23	-0.64	0.48	0.07	-0.64	0.11	0.55	0.56	0.87	-0.36	-0.04	0.83	0.1	0.06	0.33	0.6		0.15
Intangible Assets	-0.42	0.52	0.06	-0.46	0.03	-0.63	0.19	-0.62	0.04	0.1	-0.42	-0.02	0.1	0.01	-0.04	0.02	0.07	-0.71	-0.06	0.09	-0.62	-0.05	0.23	-0.05	0.15

Click cells to compare fundamentals

Birchcliff Energy Account Relationship Matchups

Birchcliff Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.9B	3.0B	3.2B	3.3B	3.4B
Other Current Liab	169.4M	160.9M	151.6M	145.1M	15.2M	14.5M
Total Current Liabilities	169.4M	162.5M	153.4M	147.0M	112.6M	83.0M
Total Stockholder Equity	1.7B	1.6B	1.9B	2.4B	2.2B	2.3B
Property Plant And Equipment Net	2.7B	2.8B	2.9B	3.0B	3.1B	1.6B
Net Debt	627.7M	748.3M	516.2M	145.5M	384.7M	346.7M
Retained Earnings	90.9M	18.0M	321.8M	895.1M	691.6M	726.2M
Accounts Payable	91.1M	95.9M	94.9M	143.8M	94.8M	69.7M
Cash	70K	60K	63K	74K	55K	52.3K
Non Current Assets Total	2.7B	2.8B	2.9B	3.0B	3.2B	3.3B
Non Currrent Assets Other	2.7B	(2.8B)	(2.9B)	30.9M	8.3M	7.9M
Cash And Short Term Investments	70K	60K	63K	74K	55K	52.3K
Net Receivables	64.7M	64.7M	92.4M	125.0M	75.1M	42.0M
Common Stock Total Equity	1.5B	1.5B	1.5B	1.5B	1.7B	873.8M
Common Stock Shares Outstanding	265.9M	265.9M	274.4M	275.2M	272.5M	156.4M
Liabilities And Stockholders Equity	2.8B	2.9B	3.0B	3.2B	3.3B	3.4B
Non Current Liabilities Total	951.7M	1.1B	888.9M	609.7M	916.7M	545.4M
Other Current Assets	4.4M	2.2M	5.8M	29.9M	26.9M	28.2M
Other Stockholder Equity	84.9M	89.9M	90.9M	86.6M	104.7M	145.6M
Total Liab	1.1B	1.3B	1.0B	756.7M	1.0B	605.6M
Property Plant And Equipment Gross	2.7B	2.8B	4.4B	4.8B	5.1B	5.3B
Total Current Assets	69.2M	66.9M	98.3M	154.9M	102.1M	51.3M
Short Term Debt	49.8M	1.6M	1.8M	1.9M	2.5M	2.4M
Common Stock	1.5B	1.5B	1.5B	1.4B	1.4B	1.0B
Short Long Term Debt Total	677.6M	750.0M	518.1M	145.6M	384.7M	387.9M
Other Liab	325.5M	366.8M	376.3M	466.0M	535.9M	302.8M
Net Tangible Assets	1.7B	1.6B	1.9B	2.4B	2.8B	1.7B
Long Term Debt	609.2M	731.4M	500.9M	132.0M	372.1M	428.2M
Property Plant Equipment	2.7B	2.8B	2.9B	3.0B	3.4B	2.7B
Long Term Debt Total	627.7M	748.4M	516.3M	143.7M	129.3M	122.8M
Capital Surpluse	84.9M	89.9M	90.9M	86.6M	99.5M	85.7M
Net Invested Capital	2.3B	2.3B	2.4B	2.5B	2.6B	2.6B
Long Term Investments	4.4M	1.8M	9.5M	11.0M	10.6M	9.2M
Net Working Capital	(100.2M)	(95.6M)	(55.2M)	7.9M	(10.5M)	(11.0M)

Pair Trading with Birchcliff Energy

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 Birchcliff Energy 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 Birchcliff Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Birchcliff Stock

0.75	FFH	Fairfax Financial	Pair Corr
0.73	ENS	E Split Corp	Pair Corr
0.67	ENB-PFV	Enbridge Pref 5	Pair Corr
0.65	FFH-PC	Fairfax Fin Hld	Pair Corr
0.61	ENS-PA	E Split Corp	Pair Corr

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

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

Balance Sheet is a snapshot of the financial position of Birchcliff Energy at a specified time, usually calculated after every quarter, six months, or one year. Birchcliff Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Birchcliff Energy 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 Birchcliff currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Birchcliff Free Cash Flow Yield vs Days Sales Outstanding Analysis

Free Cash Flow Yield vs Days Sales Outstanding

Free Cash Flow Yield vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Days Sales Outstanding

Birchcliff Energy fundamental ratios Correlations

Birchcliff Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Birchcliff Energy fundamental ratios Accounts

Pair Trading with Birchcliff Energy

Moving against Birchcliff Stock

Other Information on Investing in Birchcliff Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Net Debt
Common Stock	+ 0.99	Common Stock Total Equity
Total Liab	+ 0.99	Non Current Liabilities Total
Total Stockholder Equity	+ 0.98	Total Assets

Total Liab	- 0.74	Cash And Short Term Investments
Total Liab	- 0.74	Cash
Non Current Liabilities Total	- 0.73	Cash And Short Term Investments
Non Current Liabilities Total	- 0.73	Cash
Intangible Assets	- 0.71	Other Current Assets
Cash And Short Term Investments	- 0.69	Non Current Assets Total