Cascades Total Revenue vs Non Current Assets Total Analysis

CAS Stock

CAD 11.95 0.15 1.27%

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 Total Revenue and its Non Current Assets Total 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.

Total Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cascades Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Cascades' Total Revenue and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Cascades, assuming nothing else is changed. The correlation between historical values of Cascades' Total Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Cascades are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., Cascades' Total Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Cascades generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 29th of November 2024, Discontinued Operations is likely to grow to about 282.6 M, though Tax Provision is likely to grow to (12.3 M).

	2021	2023	2024 (projected)
Interest Expense	87M	124M	97.2M
Depreciation And Amortization	252M	272M	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	0.74	0.96	0.88	0.92	0.79	0.81	0.83	0.92	0.59	0.99	-0.65	0.6	0.8	0.78	0.91	0.91	-0.76	0.94	0.51	0.91	-0.28	0.05	0.95	-0.27
Short Long Term Debt Total	0.92		0.62	0.89	0.69	0.79	0.72	0.96	0.6	0.87	0.41	0.91	-0.47	0.42	0.75	0.74	0.97	0.92	-0.78	0.97	0.42	0.84	-0.28	0.14	0.81	-0.34
Other Current Liab	0.74	0.62		0.79	0.67	0.79	0.61	0.45	0.68	0.58	0.71	0.73	-0.61	0.7	0.51	0.24	0.59	0.5	-0.21	0.66	0.35	0.67	-0.24	-0.36	0.76	-0.11
Total Current Liabilities	0.96	0.89	0.79		0.78	0.85	0.69	0.76	0.75	0.93	0.62	0.93	-0.7	0.64	0.86	0.67	0.89	0.87	-0.7	0.94	0.36	0.94	-0.19	0.12	0.92	-0.13
Total Stockholder Equity	0.88	0.69	0.67	0.78		0.96	0.82	0.56	0.98	0.74	0.58	0.91	-0.61	0.59	0.54	0.69	0.62	0.72	-0.55	0.68	0.73	0.72	-0.16	-0.17	0.88	-0.18
Property Plant And Equipment Net	0.92	0.79	0.79	0.85	0.96		0.85	0.67	0.94	0.77	0.59	0.94	-0.59	0.6	0.57	0.62	0.7	0.77	-0.51	0.76	0.71	0.76	-0.14	-0.18	0.88	-0.18
Current Deferred Revenue	0.79	0.72	0.61	0.69	0.82	0.85		0.59	0.78	0.73	0.58	0.79	-0.3	0.58	0.48	0.64	0.64	0.67	-0.55	0.67	0.81	0.69	-0.26	-0.27	0.71	-0.45
Net Debt	0.81	0.96	0.45	0.76	0.56	0.67	0.59		0.45	0.78	0.12	0.82	-0.33	0.13	0.65	0.77	0.93	0.91	-0.81	0.9	0.39	0.68	-0.31	0.22	0.71	-0.34
Retained Earnings	0.83	0.6	0.68	0.75	0.98	0.94	0.78	0.45		0.68	0.6	0.85	-0.59	0.61	0.51	0.59	0.52	0.65	-0.44	0.6	0.71	0.68	-0.07	-0.2	0.85	-0.09
Accounts Payable	0.92	0.87	0.58	0.93	0.74	0.77	0.73	0.78	0.68		0.51	0.89	-0.54	0.52	0.9	0.79	0.9	0.92	-0.83	0.93	0.42	0.92	-0.3	0.21	0.87	-0.28
Cash	0.59	0.41	0.71	0.62	0.58	0.59	0.58	0.12	0.6	0.51		0.53	-0.58	1.0	0.51	0.13	0.39	0.29	-0.13	0.47	0.2	0.72	-0.01	-0.18	0.52	-0.08
Non Current Assets Total	0.99	0.91	0.73	0.93	0.91	0.94	0.79	0.82	0.85	0.89	0.53		-0.65	0.53	0.73	0.79	0.89	0.9	-0.75	0.92	0.56	0.85	-0.3	0.01	0.94	-0.28
Non Currrent Assets Other	-0.65	-0.47	-0.61	-0.7	-0.61	-0.59	-0.3	-0.33	-0.59	-0.54	-0.58	-0.65		-0.6	-0.49	-0.41	-0.51	-0.41	0.37	-0.58	-0.09	-0.59	0.11	-0.09	-0.64	-0.18
Cash And Short Term Investments	0.6	0.42	0.7	0.64	0.59	0.6	0.58	0.13	0.61	0.52	1.0	0.53	-0.6		0.53	0.14	0.4	0.3	-0.15	0.48	0.19	0.73	0.01	-0.17	0.54	-0.04
Net Receivables	0.8	0.75	0.51	0.86	0.54	0.57	0.48	0.65	0.51	0.9	0.51	0.73	-0.49	0.53		0.62	0.81	0.82	-0.73	0.84	0.15	0.93	-0.16	0.35	0.8	-0.1
Common Stock Shares Outstanding	0.78	0.74	0.24	0.67	0.69	0.62	0.64	0.77	0.59	0.79	0.13	0.79	-0.41	0.14	0.62		0.79	0.83	-0.95	0.77	0.53	0.63	-0.46	0.23	0.75	-0.42
Non Current Liabilities Total	0.91	0.97	0.59	0.89	0.62	0.7	0.64	0.93	0.52	0.9	0.39	0.89	-0.51	0.4	0.81	0.79		0.92	-0.86	0.99	0.3	0.86	-0.42	0.21	0.81	-0.39
Inventory	0.91	0.92	0.5	0.87	0.72	0.77	0.67	0.91	0.65	0.92	0.29	0.9	-0.41	0.3	0.82	0.83	0.92		-0.85	0.93	0.46	0.84	-0.27	0.23	0.86	-0.26
Other Stockholder Equity	-0.76	-0.78	-0.21	-0.7	-0.55	-0.51	-0.55	-0.81	-0.44	-0.83	-0.13	-0.75	0.37	-0.15	-0.73	-0.95	-0.86	-0.85		-0.83	-0.33	-0.7	0.43	-0.37	-0.7	0.39
Total Liab	0.94	0.97	0.66	0.94	0.68	0.76	0.67	0.9	0.6	0.93	0.47	0.92	-0.58	0.48	0.84	0.77	0.99	0.93	-0.83		0.32	0.9	-0.37	0.19	0.86	-0.33
Property Plant And Equipment Gross	0.51	0.42	0.35	0.36	0.73	0.71	0.81	0.39	0.71	0.42	0.2	0.56	-0.09	0.19	0.15	0.53	0.3	0.46	-0.33	0.32		0.3	-0.21	-0.48	0.52	-0.3
Total Current Assets	0.91	0.84	0.67	0.94	0.72	0.76	0.69	0.68	0.68	0.92	0.72	0.85	-0.59	0.73	0.93	0.63	0.86	0.84	-0.7	0.9	0.3		-0.17	0.19	0.85	-0.19
Short Term Debt	-0.28	-0.28	-0.24	-0.19	-0.16	-0.14	-0.26	-0.31	-0.07	-0.3	-0.01	-0.3	0.11	0.01	-0.16	-0.46	-0.42	-0.27	0.43	-0.37	-0.21	-0.17		0.28	-0.33	0.72
Intangible Assets	0.05	0.14	-0.36	0.12	-0.17	-0.18	-0.27	0.22	-0.2	0.21	-0.18	0.01	-0.09	-0.17	0.35	0.23	0.21	0.23	-0.37	0.19	-0.48	0.19	0.28		0.01	0.07
Good Will	0.95	0.81	0.76	0.92	0.88	0.88	0.71	0.71	0.85	0.87	0.52	0.94	-0.64	0.54	0.8	0.75	0.81	0.86	-0.7	0.86	0.52	0.85	-0.33	0.01		-0.19
Short Term Investments	-0.27	-0.34	-0.11	-0.13	-0.18	-0.18	-0.45	-0.34	-0.09	-0.28	-0.08	-0.28	-0.18	-0.04	-0.1	-0.42	-0.39	-0.26	0.39	-0.33	-0.3	-0.19	0.72	0.07	-0.19

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Cascades Account Relationship Matchups

Cascades fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2B	5.4B	4.6B	5.1B	4.8B	4.0B
Short Long Term Debt Total	2.1B	2.1B	1.5B	2.1B	1.9B	1.7B
Other Current Liab	343M	306M	217M	244M	241M	183.7M
Total Current Liabilities	1.0B	1.0B	822M	917M	819M	767.6M
Total Stockholder Equity	1.5B	1.8B	1.9B	1.9B	1.7B	1.2B
Property Plant And Equipment Net	2.8B	2.8B	2.5B	2.9B	2.8B	2.1B
Current Deferred Revenue	221M	299M	213M	218M	250.7M	263.2M
Net Debt	2.0B	1.7B	1.4B	2.0B	1.9B	1.6B
Accounts Payable	589M	593M	518M	532M	505M	534.3M
Cash	155M	384M	174M	102M	54M	69.8M
Non Current Assets Total	3.8B	3.8B	3.4B	3.8B	3.7B	2.8B
Non Currrent Assets Other	71M	50M	52M	67M	75M	114.3M
Cash And Short Term Investments	155M	389M	175M	111M	54M	72.2M
Net Receivables	642M	682M	529M	567M	465M	592.1M
Common Stock Shares Outstanding	95.5M	95.9M	101.9M	100.6M	100.5M	98.2M
Liabilities And Stockholders Equity	5.2B	5.4B	4.6B	5.1B	4.8B	4.0B
Non Current Liabilities Total	2.5B	2.4B	1.8B	2.2B	2.2B	1.9B
Inventory	605M	598M	569M	587M	568M	546.8M
Total Liab	3.5B	3.5B	2.6B	3.1B	3.0B	2.7B
Property Plant And Equipment Gross	2.8B	2.8B	4.9B	5.6B	5.6B	5.9B
Total Current Assets	1.4B	1.6B	1.2B	1.3B	1.1B	1.2B
Accumulated Other Comprehensive Income	(17M)	(28M)	(23M)	34M	15M	15.8M
Short Term Debt	98M	115M	75M	137M	67M	77.5M
Intangible Assets	188M	165M	89M	74M	56M	53.2M
Good Will	521M	517M	472M	487M	481M	421.7M
Other Current Assets	85M	10M	5M	1M	9M	950K
Common Stock	491M	622M	614M	611M	613M	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	1.9B	1.5B	1.8B	1.7B	1.8B
Long Term Investments	101M	80M	82M	95M	97M	134.2M
Short Long Term Debt	96M	66M	32M	83M	8M	7.6M
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 together with Cascades Stock

0.79	IE	Ivanhoe Energy	Pair Corr
0.8	FDY	Faraday Copper Corp	Pair Corr

Moving against Cascades Stock

0.69

INFM

Infinico Metals Corp

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 Total Revenue vs Non Current Assets Total Analysis

Total Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Total Revenue

Non Current Assets Total

Cascades fundamental ratios Correlations

Cascades Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cascades fundamental ratios Accounts

Pair Trading with Cascades

Moving together with Cascades Stock

Moving against Cascades Stock

Other Information on Investing in Cascades Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Short Long Term Debt Total

Other Stockholder Equity	- 0.95	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.86	Non Current Liabilities Total
Other Stockholder Equity	- 0.85	Inventory
Total Liab	- 0.83	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Accounts Payable
Other Stockholder Equity	- 0.81	Net Debt