Cascades Property Plant And Equipment Net vs Total Current Assets Analysis

CAS Stock

CAD 11.44 0.15 1.29%

Cascades financial indicator trend analysis is way more than just evaluating Cascades prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cascades is a good investment. Please check the relationship between Cascades Property Plant And Equipment Net and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cascades. 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.

Property Plant And Equipment Net vs Total Current Assets

Property Plant And Equipment Net vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cascades Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cascades' Property Plant And Equipment Net and Total Current Assets is 0.72. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Cascades, assuming nothing else is changed. The correlation between historical values of Cascades' Property Plant And Equipment Net and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Cascades are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Cascades' Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Cascades' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cascades 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 Cascades. 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, Cascades' Selling General Administrative is very stable compared to the past year. As of the 27th of February 2025, Discontinued Operations is likely to grow to about 282.6 M, though Tax Provision is likely to grow to (13.3 M).

	2023	2024	2025 (projected)
Interest Expense	124M	138M	99.1M
Depreciation And Amortization	272M	312.8M	204.0M

Interest Expense Depreciation And Amortization

Cascades fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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 Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Short Term Investments
Total Assets		0.92	0.47	0.95	0.89	0.92	0.81	0.82	0.84	0.92	0.52	0.99	-0.58	0.56	0.68	0.79	0.9	0.89	-0.75	0.95	0.54	0.89	-0.33	-0.01	0.95	-0.31
Short Long Term Debt Total	0.92		0.28	0.91	0.71	0.82	0.75	0.94	0.61	0.85	0.3	0.92	-0.52	0.34	0.55	0.75	0.93	0.93	-0.75	0.95	0.5	0.78	-0.36	0.02	0.81	-0.39
Other Current Liab	0.47	0.28		0.38	0.39	0.44	0.19	0.25	0.44	0.33	0.69	0.44	0.12	0.62	0.46	0.04	0.42	0.1	-0.08	0.42	-0.13	0.49	0.01	-0.04	0.46	0.11
Total Current Liabilities	0.95	0.91	0.38		0.8	0.87	0.74	0.76	0.74	0.89	0.47	0.93	-0.67	0.53	0.63	0.68	0.84	0.9	-0.67	0.92	0.47	0.86	-0.29	-0.01	0.91	-0.22
Total Stockholder Equity	0.89	0.71	0.39	0.8		0.96	0.83	0.58	0.98	0.74	0.5	0.91	-0.58	0.54	0.43	0.71	0.63	0.74	-0.56	0.7	0.74	0.7	-0.23	-0.23	0.88	-0.23
Property Plant And Equipment Net	0.92	0.82	0.44	0.87	0.96		0.86	0.69	0.93	0.77	0.49	0.94	-0.6	0.53	0.43	0.64	0.7	0.79	-0.51	0.77	0.73	0.72	-0.22	-0.25	0.88	-0.24
Current Deferred Revenue	0.81	0.75	0.19	0.74	0.83	0.86		0.61	0.79	0.74	0.47	0.81	-0.69	0.54	0.38	0.66	0.65	0.71	-0.57	0.7	0.81	0.68	-0.32	-0.33	0.73	-0.48
Net Debt	0.82	0.94	0.25	0.76	0.58	0.69	0.61		0.47	0.79	0.08	0.83	-0.36	0.1	0.56	0.78	0.92	0.88	-0.81	0.91	0.43	0.67	-0.35	0.15	0.72	-0.37
Retained Earnings	0.84	0.61	0.44	0.74	0.98	0.93	0.79	0.47		0.69	0.55	0.85	-0.54	0.58	0.43	0.6	0.53	0.65	-0.45	0.61	0.7	0.67	-0.11	-0.23	0.85	-0.13
Accounts Payable	0.92	0.85	0.33	0.89	0.74	0.77	0.74	0.79	0.69		0.45	0.88	-0.62	0.5	0.81	0.8	0.9	0.87	-0.83	0.93	0.44	0.91	-0.33	0.15	0.87	-0.3
Cash	0.52	0.3	0.69	0.47	0.5	0.49	0.47	0.08	0.55	0.45		0.44	-0.23	0.99	0.52	0.07	0.36	0.15	-0.1	0.41	0.04	0.69	0.06	-0.09	0.46	-0.01
Non Current Assets Total	0.99	0.92	0.44	0.93	0.91	0.94	0.81	0.83	0.85	0.88	0.44		-0.57	0.48	0.59	0.8	0.88	0.89	-0.74	0.92	0.6	0.82	-0.37	-0.07	0.94	-0.33
Non Currrent Assets Other	-0.58	-0.52	0.12	-0.67	-0.58	-0.6	-0.69	-0.36	-0.54	-0.62	-0.23	-0.57		-0.35	-0.34	-0.52	-0.43	-0.62	0.43	-0.52	-0.69	-0.53	0.38	0.31	-0.64	0.2
Cash And Short Term Investments	0.56	0.34	0.62	0.53	0.54	0.53	0.54	0.1	0.58	0.5	0.99	0.48	-0.35		0.54	0.11	0.39	0.22	-0.13	0.44	0.13	0.73	0.04	-0.13	0.5	-0.02
Net Receivables	0.68	0.55	0.46	0.63	0.43	0.43	0.38	0.56	0.43	0.81	0.52	0.59	-0.34	0.54		0.53	0.75	0.56	-0.67	0.74	0.01	0.88	-0.07	0.4	0.69	-0.03
Common Stock Shares Outstanding	0.79	0.75	0.04	0.68	0.71	0.64	0.66	0.78	0.6	0.8	0.07	0.8	-0.52	0.11	0.53		0.79	0.81	-0.95	0.78	0.56	0.62	-0.49	0.15	0.76	-0.45
Non Current Liabilities Total	0.9	0.93	0.42	0.84	0.63	0.7	0.65	0.92	0.53	0.9	0.36	0.88	-0.43	0.39	0.75	0.79		0.86	-0.86	0.99	0.31	0.86	-0.43	0.17	0.81	-0.4
Inventory	0.89	0.93	0.1	0.9	0.74	0.79	0.71	0.88	0.65	0.87	0.15	0.89	-0.62	0.22	0.56	0.81	0.86		-0.8	0.9	0.57	0.75	-0.36	0.06	0.84	-0.34
Other Stockholder Equity	-0.75	-0.75	-0.08	-0.67	-0.56	-0.51	-0.57	-0.81	-0.45	-0.83	-0.1	-0.74	0.43	-0.13	-0.67	-0.95	-0.86	-0.8		-0.83	-0.34	-0.7	0.44	-0.32	-0.7	0.41
Total Liab	0.95	0.95	0.42	0.92	0.7	0.77	0.7	0.91	0.61	0.93	0.41	0.92	-0.52	0.44	0.74	0.78	0.99	0.9	-0.83		0.37	0.89	-0.4	0.12	0.87	-0.36
Property Plant And Equipment Gross	0.54	0.5	-0.13	0.47	0.74	0.73	0.81	0.43	0.7	0.44	0.04	0.6	-0.69	0.13	0.01	0.56	0.31	0.57	-0.34	0.37		0.28	-0.31	-0.54	0.54	-0.36
Total Current Assets	0.89	0.78	0.49	0.86	0.7	0.72	0.68	0.67	0.67	0.91	0.69	0.82	-0.53	0.73	0.88	0.62	0.86	0.75	-0.7	0.89	0.28		-0.17	0.18	0.84	-0.19
Short Term Debt	-0.33	-0.36	0.01	-0.29	-0.23	-0.22	-0.32	-0.35	-0.11	-0.33	0.06	-0.37	0.38	0.04	-0.07	-0.49	-0.43	-0.36	0.44	-0.4	-0.31	-0.17		0.34	-0.37	0.74
Intangible Assets	-0.01	0.02	-0.04	-0.01	-0.23	-0.25	-0.33	0.15	-0.23	0.15	-0.09	-0.07	0.31	-0.13	0.4	0.15	0.17	0.06	-0.32	0.12	-0.54	0.18	0.34		-0.05	0.13
Good Will	0.95	0.81	0.46	0.91	0.88	0.88	0.73	0.72	0.85	0.87	0.46	0.94	-0.64	0.5	0.69	0.76	0.81	0.84	-0.7	0.87	0.54	0.84	-0.37	-0.05		-0.23
Short Term Investments	-0.31	-0.39	0.11	-0.22	-0.23	-0.24	-0.48	-0.37	-0.13	-0.3	-0.01	-0.33	0.2	-0.02	-0.03	-0.45	-0.4	-0.34	0.41	-0.36	-0.36	-0.19	0.74	0.13	-0.23

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Cascades Account Relationship Matchups

Cascades fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.4B	4.6B	5.1B	4.8B	5B	4.1B
Short Long Term Debt Total	2.1B	1.5B	2.1B	1.9B	2.2B	1.7B
Other Current Liab	306M	217M	244M	241M	43M	40.9M
Total Current Liabilities	1.0B	822M	917M	819M	1.1B	782.4M
Total Stockholder Equity	1.8B	1.9B	1.9B	1.7B	1.7B	1.3B
Property Plant And Equipment Net	2.8B	2.5B	2.9B	2.8B	2.8B	2.1B
Current Deferred Revenue	221M	299M	213M	218M	250.7M	263.2M
Net Debt	1.7B	1.4B	2.0B	1.9B	1.8B	1.6B
Retained Earnings	1.1B	1.3B	1.2B	1.1B	1.0B	799.9M
Accounts Payable	593M	518M	532M	505M	540M	536.3M
Cash	384M	174M	102M	54M	27M	25.7M
Non Current Assets Total	3.8B	3.4B	3.8B	3.7B	3.8B	2.9B
Non Currrent Assets Other	50M	52M	67M	75M	21M	20.0M
Cash And Short Term Investments	389M	175M	111M	54M	62.1M	72.2M
Net Receivables	682M	529M	567M	465M	446M	588.6M
Common Stock Shares Outstanding	95.9M	101.9M	100.6M	100.5M	101.0M	98.6M
Liabilities And Stockholders Equity	5.4B	4.6B	5.1B	4.8B	5.5B	4.0B
Non Current Liabilities Total	2.4B	1.8B	2.2B	2.2B	2.1B	1.9B
Total Liab	3.5B	2.6B	3.1B	3.0B	3.2B	2.7B
Property Plant And Equipment Gross	2.8B	4.9B	5.6B	5.6B	5.9B	6.2B
Total Current Assets	1.6B	1.2B	1.3B	1.1B	1.2B	1.2B
Accumulated Other Comprehensive Income	(28M)	(23M)	34M	15M	13.5M	14.2M
Short Term Debt	115M	75M	137M	67M	60.3M	77.5M
Intangible Assets	165M	89M	74M	56M	42M	39.9M
Good Will	517M	472M	487M	481M	503M	428.3M
Other Current Assets	10M	5M	1M	9M	900K	855K
Common Stock	622M	614M	611M	613M	705.0M	576.6M
Other Liab	448M	474M	367M	277M	249.3M	331.0M
Net Tangible Assets	780M	1.1B	1.3B	1.3B	1.5B	844.1M
Other Assets	226M	251M	196M	184M	165.6M	194.2M
Long Term Debt	1.9B	1.5B	1.8B	1.7B	1.7B	1.8B
Long Term Investments	101M	80M	82M	95M	97M	129.7M
Short Long Term Debt	66M	32M	83M	8M	193M	161.1M
Property Plant Equipment	2.8B	2.8B	2.5B	2.9B	3.4B	2.4B
Long Term Debt Total	2.0B	1.9B	1.5B	1.9B	2.2B	1.9B

Pair Trading with Cascades

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

Moving against Cascades Stock

0.57	FDY	Faraday Copper Corp	Pair Corr
0.46	TD-PFI	Toronto Dominion Bank	Pair Corr
0.4	IE	Ivanhoe Energy	Pair Corr
0.31	BNS	Bank of Nova Scotia	Pair Corr

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

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

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

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Cascades Property Plant And Equipment Net vs Total Current Assets Analysis

Property Plant And Equipment Net vs Total Current Assets

Property Plant And Equipment Net vs Total Current Assets Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Total Current Assets

Cascades fundamental ratios Correlations

Cascades Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cascades fundamental ratios Accounts

Pair Trading with Cascades

Moving against Cascades Stock

Other Information on Investing in Cascades Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Retained Earnings	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.96	Total Stockholder Equity
Total Current Liabilities	+ 0.95	Total Assets

Other Stockholder Equity	- 0.95	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.86	Non Current Liabilities Total
Total Liab	- 0.83	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Accounts Payable
Other Stockholder Equity	- 0.81	Net Debt
Other Stockholder Equity	- 0.8	Inventory