Canadian Historical Financial Ratios
| CAR-UN Stock | CAD 44.69 0.31 0.69% |
Canadian Apartment is presently reporting on over 95 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.053, PTB Ratio of 1.33 or Days Sales Outstanding of 22.78 will help investors to properly organize and evaluate Canadian Apartment financial condition quickly.
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About Canadian Financial Ratios Analysis
Canadian ApartmentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canadian Apartment investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canadian financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canadian Apartment history.
Canadian Apartment Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Canadian Apartment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canadian Apartment sales, a figure that is much harder to manipulate than other Canadian Apartment Properties multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Canadian Apartment Properties dividend as a percentage of Canadian Apartment stock price. Canadian Apartment dividend yield is a measure of Canadian Apartment stock productivity, which can be interpreted as interest rate earned on an Canadian Apartment investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.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.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Net Debt To E B I T D A
A leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).Most ratios from Canadian Apartment's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Canadian Apartment current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Canadian Apartment Properties. 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, Canadian Apartment's Dividend Yield is projected to slightly decrease based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 1.33, whereas Price To Sales Ratio is forecasted to decline to 4.18.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0171 | 0.0295 | 0.0283 | 0.053 | Price To Sales Ratio | 11.15 | 7.39 | 7.77 | 4.18 |
Canadian Apartment fundamentals Correlations
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Canadian Apartment Account Relationship Matchups
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Canadian Apartment fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 10.8 | 9.69 | 11.15 | 7.39 | 7.77 | 4.18 | |
| Dividend Yield | 0.0179 | 0.0211 | 0.0171 | 0.0295 | 0.0283 | 0.053 | |
| Book Value Per Share | 53.0 | 54.19 | 59.94 | 57.37 | 54.7 | 57.44 | |
| Free Cash Flow Yield | 0.0253 | 0.0276 | 0.0242 | 0.0351 | 0.0372 | 0.0391 | |
| Operating Cash Flow Per Share | 2.87 | 2.81 | 3.18 | 3.43 | 3.63 | 3.81 | |
| Stock Based Compensation To Revenue | 0.0191 | 0.005846 | 0.0162 | (0.003389) | (0.003898) | (0.003703) | |
| Capex To Depreciation | 12.95 | 7.21 | 11.86 | 12.8 | 49.6 | 37.32 | |
| Ev To Sales | 16.58 | 15.85 | 17.99 | 14.31 | 14.41 | 8.25 | |
| Free Cash Flow Per Share | 1.34 | 1.38 | 1.45 | 1.5 | 1.82 | 1.91 | |
| Roic | 0.0315 | 0.0363 | 0.029 | 0.16 | (0.0154) | (0.0162) | |
| Net Income Per Share | 7.54 | 5.41 | 8.03 | 0.0782 | (2.43) | (2.31) | |
| Payables Turnover | 5.73 | 5.22 | 5.69 | 7.5 | 10.43 | 10.95 | |
| Sales General And Administrative To Revenue | 0.0785 | 0.0549 | 0.0712 | (0.003389) | 0.007753 | 0.007365 | |
| Capex To Revenue | 0.26 | 0.3 | 0.31 | 0.28 | 0.29 | 0.27 | |
| Cash Per Share | 3.01 | 0.71 | 0.47 | 0.3 | 0.21 | 0.35 | |
| Pocfratio | 18.49 | 17.77 | 18.87 | 12.44 | 13.44 | 10.1 | |
| Interest Coverage | 3.14 | 3.79 | 3.43 | 3.98 | (1.44) | (1.37) | |
| Payout Ratio | 0.11 | 0.13 | 0.19 | 16.12 | (0.57) | (0.54) | |
| Capex To Operating Cash Flow | 0.47 | 0.53 | 0.51 | 0.54 | 0.56 | 0.5 | |
| Pfcf Ratio | 39.59 | 36.17 | 41.28 | 28.45 | 26.87 | 28.21 | |
| Days Payables Outstanding | 63.73 | 69.98 | 64.2 | 48.67 | 35.0 | 33.25 | |
| Income Quality | 0.38 | 0.52 | 0.4 | 43.85 | (1.5) | (1.42) | |
| Roe | 0.14 | 0.0998 | 0.13 | 0.001363 | (0.0444) | (0.0421) | |
| Ev To Operating Cash Flow | 28.37 | 29.06 | 30.45 | 24.1 | 24.93 | 28.8 | |
| Pe Ratio | 7.03 | 9.24 | 7.47 | 545.73 | (20.11) | (19.11) | |
| Return On Tangible Assets | 0.0854 | 0.0598 | 0.0787 | 7.69E-4 | (0.0243) | (0.023) | |
| Ev To Free Cash Flow | 60.77 | 59.16 | 66.63 | 55.09 | 49.83 | 52.33 | |
| Net Debt To E B I T D A | 10.12 | 9.25 | 11.8 | 10.0 | (25.74) | (24.46) | |
| Current Ratio | 0.1 | 0.81 | 0.19 | 0.14 | 0.26 | 0.33 | |
| Tangible Book Value Per Share | 52.9 | 54.1 | 59.85 | 57.34 | 54.7 | 57.44 | |
| Receivables Turnover | 69.65 | 55.67 | 57.27 | 63.32 | 16.82 | 15.98 | |
| Graham Number | 94.82 | 81.23 | 104.05 | 10.05 | 54.65 | 27.46 | |
| Shareholders Equity Per Share | 53.0 | 54.19 | 59.94 | 57.37 | 54.7 | 57.44 |
Pair Trading with Canadian Apartment
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 Canadian Apartment 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 Canadian Apartment will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
Moving against Canadian Stock
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| 0.66 | MATE | Blockmate Ventures Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canadian Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Apartment 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 Canadian Apartment - 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 Canadian Apartment Properties to buy it.
The correlation of Canadian Apartment 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 Canadian Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Apartment 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 Canadian Apartment 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.Other Information on Investing in Canadian Stock
Canadian ApartmentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Canadian Apartment investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Canadian financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Canadian Apartment history.