CAE Short Term Investments vs Cash And Short Term Investments Analysis

CAE Stock  CAD 32.71  0.26  0.80%   
CAE financial indicator trend analysis is way more than just evaluating CAE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAE Inc is a good investment. Please check the relationship between CAE Short Term Investments and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. 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.

Short Term Investments vs Cash And Short Term Investments

Short Term Investments vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAE Inc Short Term Investments account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CAE's Short Term Investments and Cash And Short Term Investments is -0.45. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of CAE Inc, assuming nothing else is changed. The correlation between historical values of CAE's Short Term Investments and Cash And Short Term Investments 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 Investments of CAE Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Investments i.e., CAE's Short Term Investments and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of CAE balance sheet. It contains any investments CAE Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CAE Inc can easily liquidate in the marketplace.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of CAE Inc balance sheet. This account contains CAE investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CAE Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from CAE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAE Inc 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 CAE Inc. 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, CAE's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Multiple is likely to grow to 103.95, while Selling General Administrative is likely to drop about 323.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit955.5M1.2B1.2B1.2B
Total Revenue3.4B4.2B4.3B4.5B

CAE fundamental ratios Correlations

0.970.310.970.970.970.930.970.870.280.980.680.280.750.820.960.940.23-0.620.980.90.680.860.94-0.470.97
0.970.140.930.910.950.970.910.890.260.960.610.260.750.760.980.920.11-0.630.980.880.630.880.95-0.40.95
0.310.140.440.270.21-0.030.360.270.690.170.470.690.180.120.240.450.87-0.360.330.090.730.090.08-0.330.27
0.970.930.440.910.930.860.920.870.390.920.610.390.660.70.920.970.42-0.590.970.850.750.890.9-0.430.94
0.970.910.270.910.940.920.940.770.10.980.620.10.680.880.880.870.17-0.580.910.920.540.810.93-0.390.94
0.970.950.210.930.940.930.950.840.230.970.580.240.720.780.940.90.13-0.470.960.940.60.870.9-0.520.94
0.930.97-0.030.860.920.930.850.820.010.970.490.010.680.810.910.82-0.04-0.560.910.910.430.880.98-0.290.92
0.970.910.360.920.940.950.850.840.350.940.790.360.80.80.940.930.2-0.580.950.840.730.80.85-0.610.94
0.870.890.270.870.770.840.820.840.380.830.690.380.860.750.90.880.21-0.610.910.70.780.80.81-0.530.85
0.280.260.690.390.10.230.010.350.380.110.491.00.3-0.110.40.480.59-0.320.410.020.810.140.04-0.450.24
0.980.960.170.920.980.970.970.940.830.110.610.110.710.860.920.890.1-0.580.940.940.540.870.97-0.390.96
0.680.610.470.610.620.580.490.790.690.490.610.490.820.640.730.690.26-0.650.690.380.790.410.51-0.660.63
0.280.260.690.390.10.240.010.360.381.00.110.490.3-0.110.410.490.59-0.310.410.020.810.140.04-0.450.25
0.750.750.180.660.680.720.680.80.860.30.710.820.30.80.810.680.0-0.630.760.550.710.580.65-0.720.69
0.820.760.120.70.880.780.810.80.75-0.110.860.64-0.110.80.740.65-0.02-0.610.740.770.440.630.81-0.470.77
0.960.980.240.920.880.940.910.940.90.40.920.730.410.810.740.930.17-0.640.990.820.740.830.88-0.540.92
0.940.920.450.970.870.90.820.930.880.480.890.690.490.680.650.930.38-0.580.970.790.80.850.86-0.430.95
0.230.110.870.420.170.13-0.040.20.210.590.10.260.590.0-0.020.170.38-0.330.280.030.630.130.07-0.180.14
-0.62-0.63-0.36-0.59-0.58-0.47-0.56-0.58-0.61-0.32-0.58-0.65-0.31-0.63-0.61-0.64-0.58-0.33-0.64-0.34-0.63-0.37-0.610.25-0.54
0.980.980.330.970.910.960.910.950.910.410.940.690.410.760.740.990.970.28-0.640.850.750.870.91-0.510.95
0.90.880.090.850.920.940.910.840.70.020.940.380.020.550.770.820.790.03-0.340.850.380.850.9-0.340.89
0.680.630.730.750.540.60.430.730.780.810.540.790.810.710.440.740.80.63-0.630.750.380.490.47-0.640.62
0.860.880.090.890.810.870.880.80.80.140.870.410.140.580.630.830.850.13-0.370.870.850.490.9-0.310.87
0.940.950.080.90.930.90.980.850.810.040.970.510.040.650.810.880.860.07-0.610.910.90.470.9-0.210.94
-0.47-0.4-0.33-0.43-0.39-0.52-0.29-0.61-0.53-0.45-0.39-0.66-0.45-0.72-0.47-0.54-0.43-0.180.25-0.51-0.34-0.64-0.31-0.21-0.35
0.970.950.270.940.940.940.920.940.850.240.960.630.250.690.770.920.950.14-0.540.950.890.620.870.94-0.35
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CAE Account Relationship Matchups

CAE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B8.7B9.6B10.4B9.8B10.3B
Short Long Term Debt Total3.3B2.4B3.0B3.3B3.1B3.2B
Other Current Liab528.6M1.9B602.2M583.2M545M455.0M
Total Current Liabilities2.1B2.6B2.1B2.2B2.4B2.5B
Total Stockholder Equity2.5B3.1B4.0B4.5B4.2B4.4B
Property Plant And Equipment Net2.5B2.3B2.5B2.8B3.1B3.2B
Net Debt2.4B1.4B2.7B3.0B2.9B3.1B
Retained Earnings1.6B1.5B1.8B2.1B1.8B1.9B
Accounts Payable539.7M467.7M436.2M522.1M561.7M358.4M
Cash946.5M926.1M346.1M217.6M160.1M284.0M
Non Current Assets Total5.7B5.4B7.4B8.2B7.8B8.2B
Non Currrent Assets Other523.5M509M560.2M680.9M399M293.7M
Cash And Short Term Investments946.5M926.1M346.1M217.6M160.1M291.8M
Net Receivables1.2B872.9M1.2B1.4B1.2B622.2M
Common Stock Shares Outstanding267.6M272.0M312.9M318.4M318.2M277.7M
Liabilities And Stockholders Equity8.5B8.7B9.6B10.4B9.8B10.3B
Non Current Liabilities Total3.8B2.9B3.4B3.6B3.2B3.3B
Inventory616.2M647.8M519.8M583.4M573.6M602.3M
Other Current Assets80.1M931.8M84.3M76.2M75.2M108.5M
Other Stockholder Equity(2.3B)(3.1B)(4.0B)(4.3B)55.4M58.2M
Total Liab5.9B5.5B5.5B5.8B5.5B5.8B
Property Plant And Equipment Gross2.5B2.3B3.7B2.8B4.5B4.8B
Total Current Assets2.8B3.4B2.1B2.2B2.0B1.3B
Accumulated Other Comprehensive Income193.2M58.1M(31.2M)167.2M154M161.7M
Short Term Debt206.2M216.3M241.8M214.6M308.9M324.3M
Intangible Assets971.2M882.6M1.3B1.4B1.3B1.4B
Current Deferred Revenue761.4M674.7M804.5M905.7M911.7M957.3M
Other Assets857.5M829.6M912M273.1M314.1M298.4M
Good Will1.1B1.2B2.5B2.7B2.0B2.1B
Common Stock679.5M1.5B2.2B2.2B2.3B2.4B
Other Liab737M767.1M596.6M565.4M508.9M572.3M
Net Tangible Assets682.7M1.3B447.8M751.6M676.4M723.6M
Long Term Debt2.7B2.1B2.5B3.0B2.3B2.0B
Deferred Long Term Liab249.5M215.7M234.4M294.7M338.9M218.8M
Long Term Investments460.6M422.2M454M530.7M588.8M429.2M
Short Long Term Debt93.5M216.3M142.8M214.6M253.7M181.0M
Property Plant Equipment2.5B2.3B2.5B2.8B3.2B2.2B
Long Term Debt Total3.1B2.1B2.8B3.0B3.5B2.3B
When determining whether CAE Inc is a strong investment it is important to analyze CAE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAE's future performance. For an informed investment choice regarding CAE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. 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.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Please note, there is a significant difference between CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.