Cogeco Price To Sales Ratio vs Book Value Per Share Analysis

CCA Stock

CAD 69.28 0.71 1.04%

Cogeco Communications financial indicator trend analysis is way more than just evaluating Cogeco Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cogeco Communications is a good investment. Please check the relationship between Cogeco Communications Price To Sales Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogeco Communications. 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.

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cogeco Communications Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Cogeco Communications' Price To Sales Ratio and Book Value Per Share is -0.02. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Cogeco Communications, assuming nothing else is changed. The correlation between historical values of Cogeco Communications' Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Cogeco Communications are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Cogeco Communications' Price To Sales Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Cogeco Communications stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cogeco Communications sales, a figure that is much harder to manipulate than other Cogeco Communications 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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Cogeco Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cogeco Communications 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 Cogeco Communications. 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, Cogeco Communications' Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Discontinued Operations is likely to grow to about 91 M, while Selling General Administrative is likely to drop about 19.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.1B	932.4M	2.5B	2.6B
Total Revenue	2.9B	3.0B	3.0B	1.6B

Gross Profit Total Revenue

Cogeco Communications fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Current Deferred Revenue	Short Term Debt	Good Will	Intangible Assets	Common Stock
Total Assets		0.97	0.64	0.98	0.98	0.97	0.93	0.68	0.31	1.0	0.07	0.67	0.49	0.41	0.98	0.57	-0.52	0.99	0.87	0.46	0.26	0.33	0.38	0.85	0.88	-0.71
Short Long Term Debt Total	0.97		0.59	0.93	0.97	0.98	0.9	0.63	0.11	0.98	0.02	0.58	0.43	0.32	0.97	0.52	-0.44	0.98	0.87	0.27	0.22	0.19	0.31	0.81	0.82	-0.79
Total Current Liabilities	0.64	0.59		0.62	0.66	0.61	0.54	0.84	0.22	0.63	0.44	0.37	0.47	0.4	0.6	0.7	-0.51	0.67	0.59	0.41	0.31	0.67	0.79	0.71	0.66	-0.34
Total Stockholder Equity	0.98	0.93	0.62		0.96	0.9	0.96	0.63	0.4	0.97	0.04	0.77	0.4	0.41	0.94	0.55	-0.53	0.95	0.88	0.54	0.26	0.34	0.36	0.79	0.86	-0.73
Property Plant And Equipment Net	0.98	0.97	0.66	0.96		0.96	0.9	0.72	0.2	0.99	0.05	0.61	0.51	0.44	0.97	0.52	-0.57	0.98	0.9	0.37	0.32	0.31	0.35	0.79	0.82	-0.76
Net Debt	0.97	0.98	0.61	0.9	0.96		0.85	0.69	0.1	0.98	0.07	0.48	0.56	0.37	0.98	0.56	-0.47	0.99	0.83	0.27	0.25	0.23	0.36	0.86	0.84	-0.7
Retained Earnings	0.93	0.9	0.54	0.96	0.9	0.85		0.45	0.37	0.93	0.08	0.79	0.2	0.17	0.88	0.5	-0.3	0.88	0.93	0.5	0.1	0.29	0.33	0.75	0.83	-0.81
Accounts Payable	0.68	0.63	0.84	0.63	0.72	0.69	0.45		0.17	0.68	0.2	0.27	0.76	0.67	0.7	0.53	-0.76	0.73	0.49	0.34	0.51	0.44	0.46	0.73	0.68	-0.24
Cash	0.31	0.11	0.22	0.4	0.2	0.1	0.37	0.17		0.25	0.16	0.73	0.12	0.27	0.24	0.29	-0.26	0.23	0.17	0.95	0.17	0.37	0.26	0.3	0.44	0.13
Non Current Assets Total	1.0	0.98	0.63	0.97	0.99	0.98	0.93	0.68	0.25		0.07	0.64	0.48	0.4	0.99	0.55	-0.51	0.99	0.88	0.41	0.25	0.3	0.36	0.84	0.87	-0.73
Non Currrent Assets Other	0.07	0.02	0.44	0.04	0.05	0.07	0.08	0.2	0.16	0.07		-0.01	-0.02	-0.17	0.04	0.17	0.17	0.09	0.2	0.14	-0.16	0.58	0.65	0.18	0.17	0.01
Cash And Short Term Investments	0.67	0.58	0.37	0.77	0.61	0.48	0.79	0.27	0.73	0.64	-0.01		-0.03	0.22	0.57	0.32	-0.31	0.58	0.62	0.75	0.18	0.24	0.21	0.44	0.61	-0.51
Net Receivables	0.49	0.43	0.47	0.4	0.51	0.56	0.2	0.76	0.12	0.48	-0.02	-0.03		0.7	0.57	0.55	-0.71	0.56	0.2	0.26	0.56	0.18	0.3	0.57	0.46	0.04
Common Stock Shares Outstanding	0.41	0.32	0.4	0.41	0.44	0.37	0.17	0.67	0.27	0.4	-0.17	0.22	0.7		0.43	0.27	-0.96	0.44	0.08	0.39	0.49	0.34	0.19	0.26	0.26	0.1
Non Current Liabilities Total	0.98	0.97	0.6	0.94	0.97	0.98	0.88	0.7	0.24	0.99	0.04	0.57	0.57	0.43		0.55	-0.53	0.99	0.82	0.4	0.29	0.26	0.33	0.87	0.88	-0.65
Other Current Assets	0.57	0.52	0.7	0.55	0.52	0.56	0.5	0.53	0.29	0.55	0.17	0.32	0.55	0.27	0.55		-0.33	0.58	0.43	0.45	0.24	0.31	0.74	0.72	0.61	-0.23
Other Stockholder Equity	-0.52	-0.44	-0.51	-0.53	-0.57	-0.47	-0.3	-0.76	-0.26	-0.51	0.17	-0.31	-0.71	-0.96	-0.53	-0.33		-0.54	-0.25	-0.39	-0.5	-0.32	-0.19	-0.37	-0.38	0.09
Total Liab	0.99	0.98	0.67	0.95	0.98	0.99	0.88	0.73	0.23	0.99	0.09	0.58	0.56	0.44	0.99	0.58	-0.54		0.84	0.4	0.3	0.32	0.4	0.86	0.86	-0.67
Property Plant And Equipment Gross	0.87	0.87	0.59	0.88	0.9	0.83	0.93	0.49	0.17	0.88	0.2	0.62	0.2	0.08	0.82	0.43	-0.25	0.84		0.33	0.08	0.36	0.38	0.67	0.72	-0.89
Total Current Assets	0.46	0.27	0.41	0.54	0.37	0.27	0.5	0.34	0.95	0.41	0.14	0.75	0.26	0.39	0.4	0.45	-0.39	0.4	0.33		0.21	0.54	0.41	0.44	0.55	0.02
Other Current Liab	0.26	0.22	0.31	0.26	0.32	0.25	0.1	0.51	0.17	0.25	-0.16	0.18	0.56	0.49	0.29	0.24	-0.5	0.3	0.08	0.21		-0.08	0.09	0.19	0.19	0.0
Current Deferred Revenue	0.33	0.19	0.67	0.34	0.31	0.23	0.29	0.44	0.37	0.3	0.58	0.24	0.18	0.34	0.26	0.31	-0.32	0.32	0.36	0.54	-0.08		0.74	0.31	0.32	-0.01
Short Term Debt	0.38	0.31	0.79	0.36	0.35	0.36	0.33	0.46	0.26	0.36	0.65	0.21	0.3	0.19	0.33	0.74	-0.19	0.4	0.38	0.41	0.09	0.74		0.46	0.36	-0.11
Good Will	0.85	0.81	0.71	0.79	0.79	0.86	0.75	0.73	0.3	0.84	0.18	0.44	0.57	0.26	0.87	0.72	-0.37	0.86	0.67	0.44	0.19	0.31	0.46		0.95	-0.44
Intangible Assets	0.88	0.82	0.66	0.86	0.82	0.84	0.83	0.68	0.44	0.87	0.17	0.61	0.46	0.26	0.88	0.61	-0.38	0.86	0.72	0.55	0.19	0.32	0.36	0.95		-0.48
Common Stock	-0.71	-0.79	-0.34	-0.73	-0.76	-0.7	-0.81	-0.24	0.13	-0.73	0.01	-0.51	0.04	0.1	-0.65	-0.23	0.09	-0.67	-0.89	0.02	0.0	-0.01	-0.11	-0.44	-0.48

Click cells to compare fundamentals

Cogeco Communications Account Relationship Matchups

Cogeco Communications fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	7.4B	9.3B	9.8B	9.7B	10.2B
Short Long Term Debt Total	3.1B	3.3B	4.7B	5.0B	5.8B	6.1B
Total Current Liabilities	373.0M	751.7M	987.1M	509.9M	863.0M	442.4M
Total Stockholder Equity	2.3B	2.4B	2.8B	3.0B	3.0B	3.1B
Property Plant And Equipment Net	2.1B	2.4B	3.0B	3.2B	3.3B	3.5B
Net Debt	2.8B	2.9B	4.3B	4.7B	4.7B	4.9B
Retained Earnings	1.3B	1.5B	1.7B	1.9B	2.0B	2.1B
Accounts Payable	211.1M	270.5M	380.5M	319.2M	359.7M	237.9M
Cash	366.5M	365.5M	370.9M	362.9M	76.3M	72.5M
Non Current Assets Total	6.3B	6.7B	8.8B	9.2B	9.4B	9.9B
Non Currrent Assets Other	3.0M	15.3M	67.0M	2.0M	3.6M	3.4M
Cash And Short Term Investments	366.5M	365.5M	370.9M	362.9M	417.4M	438.2M
Net Receivables	86.3M	84.4M	114.9M	146.3M	86.0M	84.8M
Common Stock Shares Outstanding	48.9M	47.8M	46.6M	44.9M	42.0M	48.1M
Liabilities And Stockholders Equity	6.8B	7.4B	9.3B	9.8B	11.2B	11.8B
Non Current Liabilities Total	3.8B	3.8B	5.1B	5.8B	5.3B	5.6B
Other Current Assets	29.3M	33.8M	42.2M	41.8M	39.4M	21.6M
Other Stockholder Equity	16.3M	16.9M	20.0M	19.9M	17.9M	17.0M
Total Liab	4.2B	4.5B	6.1B	6.3B	6.2B	6.5B
Property Plant And Equipment Gross	2.1B	6.2B	7.3B	7.8B	8.2B	8.6B
Total Current Assets	482.1M	654.1M	528.0M	556.4M	245.6M	246.3M
Accumulated Other Comprehensive Income	(7.1M)	(18.0M)	129.6M	175.9M	202.3M	212.4M
Other Current Liab	77.6M	23.7M	67.1M	97.3M	61.3M	61.5M
Current Deferred Revenue	47.2M	227.7M	191.8M	29.3M	33.7M	55.2M
Short Term Debt	37.2M	229.8M	347.7M	64.2M	73.8M	90.3M
Good Will	1.4B	1.5B	2.0B	2.1B	2.1B	1.2B
Intangible Assets	2.8B	2.7B	3.6B	3.7B	3.8B	2.3B
Common Stock	985.0M	958.3M	931.0M	896.4M	806.8M	788.5M
Other Liab	625.1M	702.4M	746.8M	767.9M	883.1M	704.3M
Net Tangible Assets	(2.0B)	(1.9B)	(1.8B)	(2.8B)	(2.5B)	(2.6B)
Other Assets	51.8M	110.6M	169.1M	202.8M	233.2M	244.9M
Long Term Debt	3.1B	3.0B	4.3B	4.9B	4.4B	3.8B
Deferred Long Term Liab	39.5M	44.6M	45.9M	66.4M	76.4M	80.2M
Short Long Term Debt	32.6M	225.8M	342.5M	57.6M	367.0M	385.4M
Property Plant Equipment	2.1B	2.4B	3.0B	3.2B	3.7B	2.5B
Long Term Debt Total	3.1B	3.0B	4.3B	5.0B	5.7B	3.8B
Cash And Equivalents	366.5M	549.1M	65.7M	29.3M	33.7M	32.0M

Pair Trading with Cogeco Communications

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

Moving together with Cogeco Stock

0.61	GOOG	Alphabet CDR	Pair Corr
0.69	NVDA	NVIDIA CDR	Pair Corr
0.79	INTC	INTEL CDR	Pair Corr

Moving against Cogeco Stock

0.76

BOEING CDR

Pair Corr

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

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

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cogeco Price To Sales Ratio vs Book Value Per Share Analysis

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Book Value Per Share

Cogeco Communications fundamental ratios Correlations

Cogeco Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cogeco Communications fundamental ratios Accounts

Pair Trading with Cogeco Communications

Moving together with Cogeco Stock

Moving against Cogeco Stock

Other Information on Investing in Cogeco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Net Debt
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Assets Total

Other Stockholder Equity	- 0.96	Common Stock Shares Outstanding
Common Stock	- 0.89	Property Plant And Equipment Gross
Common Stock	- 0.81	Retained Earnings
Common Stock	- 0.79	Short Long Term Debt Total
Other Stockholder Equity	- 0.76	Accounts Payable
Common Stock	- 0.76	Property Plant And Equipment Net