Bridgemarq Ev To Sales vs Ptb Ratio Analysis

BRE Stock  CAD 15.21  0.16  1.06%   
Bridgemarq Real financial indicator trend analysis is way more than just evaluating Bridgemarq Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgemarq Real Estate is a good investment. Please check the relationship between Bridgemarq Real Ev To Sales and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgemarq 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.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridgemarq Real Estate Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bridgemarq Real's Ev To Sales and Ptb Ratio is -0.02. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Bridgemarq Real Estate, assuming nothing else is changed. The correlation between historical values of Bridgemarq Real's Ev To Sales and Ptb 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 Ev To Sales of Bridgemarq Real Estate are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Bridgemarq Real's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Bridgemarq Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgemarq 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 Bridgemarq 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.
At this time, Bridgemarq Real's Tax Provision is very stable compared to the past year. As of the 21st of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.48, while Selling General Administrative is likely to drop about 2.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense8.8M8.8M8.8M6.7M
Depreciation And Amortization32.6M15.6M32.5M19.1M

Bridgemarq Real fundamental ratios Correlations

-0.310.05-0.280.94-0.750.69-0.521.0-0.52-0.46-0.2-0.520.37-0.44-0.8-0.751.00.820.93-0.04-0.9-0.16-0.89-0.17-0.56
-0.310.430.0-0.450.54-0.530.19-0.310.190.10.220.490.00.380.560.19-0.34-0.4-0.45-0.040.350.440.35-0.020.33
0.050.43-0.040.06-0.12-0.35-0.230.06-0.230.180.490.040.510.180.02-0.170.05-0.140.020.050.120.460.12-0.18-0.27
-0.280.0-0.04-0.180.11-0.120.23-0.30.23-0.120.15-0.490.290.290.110.33-0.29-0.18-0.160.120.030.330.03-0.22-0.05
0.94-0.450.06-0.18-0.880.75-0.610.94-0.61-0.38-0.22-0.660.52-0.49-0.9-0.790.940.831.00.01-0.86-0.11-0.87-0.22-0.72
-0.750.54-0.120.11-0.88-0.780.55-0.760.550.360.080.76-0.440.410.940.66-0.79-0.68-0.86-0.260.710.240.710.140.65
0.69-0.53-0.35-0.120.75-0.78-0.270.69-0.27-0.62-0.53-0.67-0.02-0.29-0.85-0.480.720.740.760.2-0.7-0.53-0.7-0.11-0.32
-0.520.19-0.230.23-0.610.55-0.27-0.571.0-0.110.160.44-0.560.390.660.89-0.57-0.6-0.590.130.5-0.290.490.170.51
1.0-0.310.06-0.30.94-0.760.69-0.57-0.57-0.46-0.21-0.530.38-0.44-0.82-0.791.00.830.93-0.04-0.9-0.15-0.9-0.17-0.55
-0.520.19-0.230.23-0.610.55-0.271.0-0.57-0.110.160.44-0.560.390.660.89-0.57-0.6-0.590.130.5-0.290.490.170.51
-0.460.10.18-0.12-0.380.36-0.62-0.11-0.46-0.110.280.430.18-0.280.410.26-0.47-0.48-0.42-0.230.590.410.59-0.08-0.21
-0.20.220.490.15-0.220.08-0.530.16-0.210.160.280.140.38-0.150.270.26-0.21-0.36-0.26-0.160.20.470.20.12-0.11
-0.520.490.04-0.49-0.660.76-0.670.44-0.530.440.430.14-0.50.220.810.45-0.56-0.59-0.66-0.150.640.00.640.340.55
0.370.00.510.290.52-0.44-0.02-0.560.38-0.560.180.38-0.5-0.39-0.4-0.460.370.30.49-0.23-0.340.67-0.35-0.39-0.77
-0.440.380.180.29-0.490.41-0.290.39-0.440.39-0.28-0.150.22-0.390.440.3-0.44-0.3-0.440.470.28-0.020.280.10.59
-0.80.560.020.11-0.90.94-0.850.66-0.820.660.410.270.81-0.40.440.75-0.84-0.81-0.88-0.090.770.210.770.230.61
-0.750.19-0.170.33-0.790.66-0.480.89-0.790.890.260.260.45-0.460.30.75-0.78-0.79-0.80.060.75-0.110.750.060.44
1.0-0.340.05-0.290.94-0.790.72-0.571.0-0.57-0.47-0.21-0.560.37-0.44-0.84-0.780.830.93-0.02-0.9-0.18-0.89-0.16-0.55
0.82-0.4-0.14-0.180.83-0.680.74-0.60.83-0.6-0.48-0.36-0.590.3-0.3-0.81-0.790.830.86-0.19-0.9-0.02-0.9-0.1-0.44
0.93-0.450.02-0.161.0-0.860.76-0.590.93-0.59-0.42-0.26-0.660.49-0.44-0.88-0.80.930.860.01-0.89-0.11-0.89-0.19-0.68
-0.04-0.040.050.120.01-0.260.20.13-0.040.13-0.23-0.16-0.15-0.230.47-0.090.06-0.02-0.190.010.0-0.420.00.080.15
-0.90.350.120.03-0.860.71-0.70.5-0.90.50.590.20.64-0.340.280.770.75-0.9-0.9-0.890.00.071.00.020.43
-0.160.440.460.33-0.110.24-0.53-0.29-0.15-0.290.410.470.00.67-0.020.21-0.11-0.18-0.02-0.11-0.420.070.06-0.29-0.25
-0.890.350.120.03-0.870.71-0.70.49-0.90.490.590.20.64-0.350.280.770.75-0.89-0.9-0.890.01.00.060.020.43
-0.17-0.02-0.18-0.22-0.220.14-0.110.17-0.170.17-0.080.120.34-0.390.10.230.06-0.16-0.1-0.190.080.02-0.290.020.51
-0.560.33-0.27-0.05-0.720.65-0.320.51-0.550.51-0.21-0.110.55-0.770.590.610.44-0.55-0.44-0.680.150.43-0.250.430.51
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Bridgemarq Real Account Relationship Matchups

Bridgemarq Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.8M89.0M78.6M72.6M64.9M85.9M
Short Long Term Debt Total73.3M73.4M68.4M67.0M69.0M67.8M
Other Current Liab1.6M(369K)1.0M978K1.2M2.1M
Total Current Liabilities4.7M3.4M3.2M70.3M3.3M3.1M
Total Stockholder Equity(36.4M)(48.4M)(56.5M)(48.3M)(57.1M)(54.3M)
Net Debt68.1M64.2M62.2M60.5M63.3M54.7M
Accounts Payable1.2M1.3M1.1M1.1M1.4M1.4M
Cash5.2M9.2M6.2M6.4M5.7M4.5M
Non Current Assets Total84.6M76.6M68.5M60.7M54.5M78.3M
Cash And Short Term Investments5.2M9.2M6.2M6.4M5.7M4.5M
Net Receivables4.7M3.0M3.8M3.7M3.9M4.0M
Liabilities And Stockholders Equity94.8M89.0M78.6M72.6M64.9M85.9M
Non Current Liabilities Total126.5M134.0M131.8M50.7M118.7M92.3M
Other Current Assets(10.0M)(12.3M)(10.1M)1.8M(9.7M)(9.2M)
Other Stockholder Equity176.5M237.0M196.6M236.7M254.3M140.2M
Total Liab131.2M137.4M135.1M120.9M122.0M101.2M
Total Current Assets10.1M12.3M10.1M11.9M10.4M10.5M
Intangible Assets77.8M70.1M62.2M54.9M48.2M75.3M
Non Currrent Assets Other103K91K74K55K61K58.0K
Retained Earnings(176.5M)(188.5M)(196.6M)(188.4M)(197.2M)(207.1M)
Current Deferred Revenue1.9M549K573K602K356K373.8K
Short Term Debt1.9M549K573K67.0M356K338.2K
Other Liab52.7M57.9M62.6M50.7M58.3M57.0M
Net Tangible Assets(114.2M)(118.6M)(118.7M)(103.3M)(92.9M)(97.6M)
Other Assets6.8M6.5M6.2M5.7M(1.0)(0.95)
Long Term Debt73.3M73.4M68.4M0.067.0M47.5M
Long Term Debt Total65.7M71.3M73.3M73.4M68.4M0.0
Non Current Liabilities Other49.0M49.2M54.3M42.7M43.8M39.5M
Net Invested Capital36.9M24.9M11.9M18.6M9.9M9.4M
Net Working Capital5.5M8.9M6.9M(58.4M)7.1M7.5M

Pair Trading with Bridgemarq 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 Bridgemarq 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 Bridgemarq Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bridgemarq Stock

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Moving against Bridgemarq Stock

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  0.35SLF-PC Sun Life FinancialPairCorr
  0.33SLF-PD Sun Life FinancialPairCorr
The ability to find closely correlated positions to Bridgemarq 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 Bridgemarq 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 Bridgemarq 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 Bridgemarq Real Estate to buy it.
The correlation of Bridgemarq 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 Bridgemarq Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridgemarq 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 Bridgemarq 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 CorrelationCorrelation Matching

Other Information on Investing in Bridgemarq Stock

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