Boston Average Payables vs Free Cash Flow Yield Analysis

BPF-UN Stock  CAD 17.31  0.16  0.92%   
Boston Pizza financial indicator trend analysis is way more than just evaluating Boston Pizza Royalties prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boston Pizza Royalties is a good investment. Please check the relationship between Boston Pizza Average Payables and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Pizza Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Pizza Royalties Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Boston Pizza's Average Payables and Free Cash Flow Yield is 0.04. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Boston Pizza Royalties, assuming nothing else is changed. The correlation between historical values of Boston Pizza's Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Boston Pizza Royalties are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., Boston Pizza's Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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.
Most indicators from Boston Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boston Pizza Royalties 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 Boston Pizza Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Boston Pizza's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 10.96, whereas Selling General Administrative is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit35.2M45.2M48.9M33.6M
Total Revenue35.2M45.5M49.2M36.3M

Boston Pizza fundamental ratios Correlations

0.960.330.20.980.97-0.690.660.611.0-0.390.610.720.90.6-0.02-0.240.880.70.850.89-0.110.67-0.760.880.03
0.960.230.230.960.99-0.80.640.670.96-0.510.670.780.910.51-0.1-0.160.80.740.840.95-0.040.6-0.830.89-0.07
0.330.23-0.320.280.280.02-0.05-0.340.340.68-0.340.00.290.5-0.05-0.80.35-0.160.210.19-0.490.56-0.090.310.02
0.20.23-0.320.240.25-0.340.410.060.2-0.470.060.010.21-0.570.180.480.110.050.210.250.620.01-0.260.130.18
0.980.960.280.240.95-0.710.720.660.98-0.460.660.740.930.49-0.09-0.190.790.730.860.94-0.020.63-0.820.91-0.06
0.970.990.280.250.95-0.780.60.590.97-0.470.590.750.90.520.01-0.190.820.710.820.91-0.040.6-0.770.850.07
-0.69-0.80.02-0.34-0.71-0.78-0.47-0.6-0.680.61-0.6-0.78-0.84-0.280.06-0.12-0.61-0.64-0.78-0.73-0.06-0.170.64-0.530.08
0.660.64-0.050.410.720.6-0.470.580.65-0.560.580.510.580.040.130.010.380.530.420.760.320.4-0.730.740.01
0.610.67-0.340.060.660.59-0.60.580.59-0.761.00.840.630.32-0.240.370.440.930.630.690.160.19-0.680.6-0.29
1.00.960.340.20.980.97-0.680.650.59-0.380.590.710.90.6-0.02-0.260.880.690.840.89-0.120.68-0.750.880.03
-0.39-0.510.68-0.47-0.46-0.470.61-0.56-0.76-0.38-0.76-0.62-0.440.15-0.01-0.57-0.19-0.7-0.4-0.55-0.550.140.57-0.380.0
0.610.67-0.340.060.660.59-0.60.581.00.59-0.760.840.630.32-0.240.370.440.930.630.690.160.19-0.680.6-0.29
0.720.780.00.010.740.75-0.780.510.840.71-0.620.840.810.49-0.090.130.60.920.710.740.110.17-0.660.61-0.06
0.90.910.290.210.930.9-0.840.580.630.9-0.440.630.810.49-0.09-0.130.770.740.930.85-0.020.44-0.750.74-0.05
0.60.510.5-0.570.490.52-0.280.040.320.60.150.320.490.49-0.02-0.530.760.420.530.32-0.710.47-0.20.40.04
-0.02-0.1-0.050.18-0.090.010.060.13-0.24-0.02-0.01-0.24-0.09-0.09-0.02-0.040.11-0.1-0.28-0.190.15-0.240.29-0.210.92
-0.24-0.16-0.80.48-0.19-0.19-0.120.010.37-0.26-0.570.370.13-0.13-0.53-0.04-0.270.29-0.05-0.120.54-0.490.12-0.29-0.06
0.880.80.350.110.790.82-0.610.380.440.88-0.190.440.60.770.760.11-0.270.550.810.6-0.370.58-0.450.590.17
0.70.74-0.160.050.730.71-0.640.530.930.69-0.70.930.920.740.42-0.10.290.550.70.710.140.24-0.660.59-0.05
0.850.840.210.210.860.82-0.780.420.630.84-0.40.630.710.930.53-0.28-0.050.810.70.74-0.180.49-0.670.63-0.2
0.890.950.190.250.940.91-0.730.760.690.89-0.550.690.740.850.32-0.19-0.120.60.710.740.120.58-0.910.95-0.19
-0.11-0.04-0.490.62-0.02-0.04-0.060.320.16-0.12-0.550.160.11-0.02-0.710.150.54-0.370.14-0.180.12-0.39-0.210.010.14
0.670.60.560.010.630.6-0.170.40.190.680.140.190.170.440.47-0.24-0.490.580.240.490.58-0.39-0.590.69-0.22
-0.76-0.83-0.09-0.26-0.82-0.770.64-0.73-0.68-0.750.57-0.68-0.66-0.75-0.20.290.12-0.45-0.66-0.67-0.91-0.21-0.59-0.840.31
0.880.890.310.130.910.85-0.530.740.60.88-0.380.60.610.740.4-0.21-0.290.590.590.630.950.010.69-0.84-0.23
0.03-0.070.020.18-0.060.070.080.01-0.290.030.0-0.29-0.06-0.050.040.92-0.060.17-0.05-0.2-0.190.14-0.220.31-0.23
Click cells to compare fundamentals

Boston Pizza Account Relationship Matchups

Boston Pizza fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396.4M390.8M411.3M413.7M413.1M306.5M
Other Current Liab2.8M801K360K2.5M2.6M1.8M
Total Current Liabilities91.7M11.8M91.0M3.1M3.0M2.9M
Total Stockholder Equity265.1M256.9M275.8M280.6M278.9M211.3M
Net Debt86.6M83.9M82.8M81.2M81.9M45.2M
Retained Earnings(63.4M)(68.1M)(49.2M)(44.5M)(42.2M)(44.3M)
Cash1.8M7.7M5.2M5.2M4.6M4.8M
Non Current Assets Total390.7M376.6M402.4M402.4M402.5M300.5M
Non Currrent Assets Other90K(79.5M)(74.1M)2.6M1.4M1.3M
Cash And Short Term Investments1.8M7.7M5.2M5.2M4.6M4.8M
Net Receivables4.0M6.4M3.4M4.4M4.4M3.6M
Common Stock Shares Outstanding25.0M24.8M21.5M24.8M24.7M19.4M
Liabilities And Stockholders Equity396.4M390.8M411.3M413.7M413.1M306.5M
Non Current Liabilities Total39.6M122.1M44.5M130.0M131.1M82.1M
Other Current Assets82K109.0K320.0K1.7M(9.0M)(8.6M)
Other Stockholder Equity63.4M293.5M298.7M44.5M42.2M45.8M
Total Liab131.3M133.9M135.5M133.1M134.2M88.4M
Total Current Assets5.8M14.2M8.9M11.3M10.5M6.1M
Intangible Assets280.3M283.8M284.2M284.2M326.8M261.0M
Other Liab6.5M7.3M6.7M6.8M6.1M5.8M
Net Tangible Assets(7.6M)(18.7M)(27.3M)(8.4M)(9.6M)(10.1M)
Long Term Investments106.7M92.4M117.6M115.6M117.0M120.0M
Property Plant And Equipment Net(396.4M)12.8M8.8M(413.7M)(413.1M)(433.7M)
Non Current Liabilities Other33.1M26.3M37.6M36.7M37.3M32.9M
Net Invested Capital353.4M348.5M363.8M367.0M365.4M290.5M
Net Working Capital(85.9M)2.4M(82.1M)8.2M7.5M7.9M

Pair Trading with Boston Pizza

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 Boston Pizza 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 Boston Pizza will appreciate offsetting losses from the drop in the long position's value.

Moving together with Boston Stock

  0.79CEF Sprott Physical GoldPairCorr
  0.64PVF-UN Partners Value InvesPairCorr

Moving against Boston Stock

  0.36SLF-PG Sun Life NonPairCorr
The ability to find closely correlated positions to Boston Pizza could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boston Pizza 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 Boston Pizza - 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 Boston Pizza Royalties to buy it.
The correlation of Boston Pizza 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 Boston Pizza moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boston Pizza Royalties 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 Boston Pizza 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

Other Information on Investing in Boston Stock

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