CES Net Debt vs Gross Profit Margin Analysis

CEU Stock

CAD 9.66 0.04 0.42%

CES Energy financial indicator trend analysis is way more than just evaluating CES Energy Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CES Energy Solutions is a good investment. Please check the relationship between CES Energy Net Debt and its Gross Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CES Energy Solutions. 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.

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CES Energy Solutions Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CES Energy's Net Debt and Gross Profit Margin is -0.49. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of CES Energy Solutions, assuming nothing else is changed. The correlation between historical values of CES Energy's Net Debt and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of CES Energy Solutions are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., CES Energy's Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Gross Profit Margin

Most indicators from CES Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CES Energy Solutions 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 CES Energy Solutions. 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, CES Energy's Selling General Administrative is very stable compared to the past year. As of the 2nd of December 2024, Tax Provision is likely to grow to about 36.7 M, while Sales General And Administrative To Revenue is likely to drop 0.05.

	2021	2022	2023	2024 (projected)
Gross Profit	261.1M	396.9M	465.3M	488.6M
Total Revenue	1.2B	1.9B	2.2B	2.3B

Gross Profit Total Revenue

CES Energy 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	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity
Total Assets		0.98	0.08	0.66	0.97	0.94	0.36	0.97	-0.52	0.69	-0.63	0.84	-0.21	0.76	0.32	0.9	0.97	0.71	0.69	-0.05	0.97	0.69	0.75	0.47	0.47	0.92
Short Long Term Debt Total	0.98		0.11	0.65	0.92	0.92	0.35	0.99	-0.57	0.68	-0.62	0.81	-0.2	0.77	0.27	0.89	0.99	0.71	0.7	-0.03	0.99	0.69	0.75	0.43	0.45	0.9
Other Current Liab	0.08	0.11		0.38	0.03	0.16	0.02	0.1	-0.25	0.37	-0.3	-0.1	-0.34	0.28	-0.43	0.08	0.05	0.39	0.16	-0.02	0.12	0.46	0.34	0.42	-0.2	0.16
Total Current Liabilities	0.66	0.65	0.38		0.55	0.58	0.49	0.65	-0.3	0.99	-0.84	0.3	-0.58	0.96	-0.28	0.52	0.61	0.97	0.84	-0.05	0.72	0.95	0.98	0.91	-0.04	0.61
Total Stockholder Equity	0.97	0.92	0.03	0.55		0.95	0.25	0.91	-0.52	0.57	-0.52	0.92	-0.1	0.65	0.44	0.91	0.91	0.61	0.6	-0.04	0.89	0.6	0.65	0.42	0.57	0.92
Property Plant And Equipment Net	0.94	0.92	0.16	0.58	0.95		0.15	0.9	-0.72	0.61	-0.52	0.81	-0.14	0.65	0.2	0.93	0.89	0.69	0.68	0.09	0.88	0.7	0.69	0.51	0.4	0.98
Current Deferred Revenue	0.36	0.35	0.02	0.49	0.25	0.15		0.35	0.17	0.45	-0.38	0.25	-0.48	0.51	0.13	0.13	0.4	0.37	0.56	-0.38	0.43	0.41	0.45	0.3	0.38	0.15
Net Debt	0.97	0.99	0.1	0.65	0.91	0.9	0.35		-0.55	0.69	-0.67	0.78	-0.23	0.78	0.26	0.88	0.99	0.72	0.7	-0.02	0.98	0.69	0.76	0.42	0.41	0.87
Retained Earnings	-0.52	-0.57	-0.25	-0.3	-0.52	-0.72	0.17	-0.55		-0.34	0.16	-0.42	0.06	-0.31	0.21	-0.69	-0.53	-0.47	-0.5	-0.22	-0.5	-0.54	-0.42	-0.29	-0.09	-0.76
Accounts Payable	0.69	0.68	0.37	0.99	0.57	0.61	0.45	0.69	-0.34		-0.86	0.31	-0.57	0.98	-0.27	0.56	0.65	0.98	0.83	-0.04	0.75	0.95	0.99	0.88	-0.05	0.63
Cash	-0.63	-0.62	-0.3	-0.84	-0.52	-0.52	-0.38	-0.67	0.16	-0.86		-0.27	0.59	-0.86	0.16	-0.45	-0.59	-0.84	-0.75	-0.06	-0.69	-0.8	-0.86	-0.7	0.12	-0.49
Non Current Assets Total	0.84	0.81	-0.1	0.3	0.92	0.81	0.25	0.78	-0.42	0.31	-0.27		0.1	0.43	0.7	0.82	0.83	0.35	0.42	-0.08	0.72	0.35	0.4	0.18	0.83	0.78
Cash And Short Term Investments	-0.21	-0.2	-0.34	-0.58	-0.1	-0.14	-0.48	-0.23	0.06	-0.57	0.59	0.1		-0.51	0.37	-0.1	-0.17	-0.52	-0.59	0.13	-0.3	-0.54	-0.52	-0.5	0.24	-0.18
Net Receivables	0.76	0.77	0.28	0.96	0.65	0.65	0.51	0.78	-0.31	0.98	-0.86	0.43	-0.51		-0.12	0.62	0.75	0.95	0.81	-0.11	0.82	0.91	0.98	0.79	0.09	0.66
Good Will	0.32	0.27	-0.43	-0.28	0.44	0.2	0.13	0.26	0.21	-0.27	0.16	0.7	0.37	-0.12		0.28	0.34	-0.31	-0.2	-0.2	0.19	-0.34	-0.22	-0.4	0.85	0.14
Common Stock Shares Outstanding	0.9	0.89	0.08	0.52	0.91	0.93	0.13	0.88	-0.69	0.56	-0.45	0.82	-0.1	0.62	0.28		0.88	0.62	0.62	-0.19	0.84	0.61	0.64	0.41	0.45	0.94
Non Current Liabilities Total	0.97	0.99	0.05	0.61	0.91	0.89	0.4	0.99	-0.53	0.65	-0.59	0.83	-0.17	0.75	0.34	0.88		0.67	0.67	-0.07	0.98	0.64	0.72	0.37	0.51	0.86
Inventory	0.71	0.71	0.39	0.97	0.61	0.69	0.37	0.72	-0.47	0.98	-0.84	0.35	-0.52	0.95	-0.31	0.62	0.67		0.85	0.04	0.76	0.98	0.99	0.89	-0.06	0.7
Other Current Assets	0.69	0.7	0.16	0.84	0.6	0.68	0.56	0.7	-0.5	0.83	-0.75	0.42	-0.59	0.81	-0.2	0.62	0.67	0.85		-0.03	0.73	0.89	0.85	0.75	0.09	0.7
Other Stockholder Equity	-0.05	-0.03	-0.02	-0.05	-0.04	0.09	-0.38	-0.02	-0.22	-0.04	-0.06	-0.08	0.13	-0.11	-0.2	-0.19	-0.07	0.04	-0.03		-0.06	0.06	-0.03	0.06	-0.24	0.05
Total Liab	0.97	0.99	0.12	0.72	0.89	0.88	0.43	0.98	-0.5	0.75	-0.69	0.72	-0.3	0.82	0.19	0.84	0.98	0.76	0.73	-0.06		0.73	0.8	0.49	0.36	0.87
Property Plant And Equipment Gross	0.69	0.69	0.46	0.95	0.6	0.7	0.41	0.69	-0.54	0.95	-0.8	0.35	-0.54	0.91	-0.34	0.61	0.64	0.98	0.89	0.06	0.73		0.96	0.89	-0.03	0.72
Total Current Assets	0.75	0.75	0.34	0.98	0.65	0.69	0.45	0.76	-0.42	0.99	-0.86	0.4	-0.52	0.98	-0.22	0.64	0.72	0.99	0.85	-0.03	0.8	0.96		0.85	0.02	0.7
Short Term Debt	0.47	0.43	0.42	0.91	0.42	0.51	0.3	0.42	-0.29	0.88	-0.7	0.18	-0.5	0.79	-0.4	0.41	0.37	0.89	0.75	0.06	0.49	0.89	0.85		-0.15	0.54
Intangible Assets	0.47	0.45	-0.2	-0.04	0.57	0.4	0.38	0.41	-0.09	-0.05	0.12	0.83	0.24	0.09	0.85	0.45	0.51	-0.06	0.09	-0.24	0.36	-0.03	0.02	-0.15		0.36
Common Stock Total Equity	0.92	0.9	0.16	0.61	0.92	0.98	0.15	0.87	-0.76	0.63	-0.49	0.78	-0.18	0.66	0.14	0.94	0.86	0.7	0.7	0.05	0.87	0.72	0.7	0.54	0.36

Click cells to compare fundamentals

CES Energy Account Relationship Matchups

CES Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	857.9M	1.1B	1.4B	1.4B	834.6M
Short Long Term Debt Total	407.6M	317.1M	437.2M	551.1M	463.7M	285.4M
Other Current Liab	1.5M	2.2M	7.3M	13.1M	14.5M	15.2M
Total Current Liabilities	152.0M	101.1M	175.8M	267.3M	298.2M	313.1M
Total Stockholder Equity	679.3M	455.7M	486.7M	609.0M	658.0M	430.7M
Property Plant And Equipment Net	354.6M	314.4M	307.2M	345.6M	382.1M	208.8M
Current Deferred Revenue	2.9M	3.0M	885K	13.5M	15.6M	16.3M
Net Debt	452.5M	298.8M	479.2M	610.8M	463.7M	298.4M
Retained Earnings	(165.8M)	(391.7M)	(349.9M)	(272.1M)	(140.8M)	(147.8M)
Accounts Payable	127.1M	78.9M	150.1M	227.8M	227.3M	238.7M
Cash	(44.8M)	18.3M	(42.0M)	(59.6M)	(53.7M)	(51.0M)
Non Current Assets Total	720.0M	484.3M	468.4M	477.3M	496.5M	441.4M
Cash And Short Term Investments	(44.8M)	18.3M	(42.0M)	(59.6M)	(53.7M)	(51.0M)
Net Receivables	257.6M	160.3M	309.7M	480.3M	441.9M	464.0M
Good Will	289.0M	50.7M	50.5M	54.7M	53.4M	50.7M
Common Stock Shares Outstanding	272.6M	263.1M	263.4M	261.6M	254.9M	218.9M
Liabilities And Stockholders Equity	1.2B	857.9M	1.1B	1.4B	1.4B	834.6M
Non Current Liabilities Total	388.5M	301.1M	425.2M	534.6M	421.1M	278.9M
Inventory	220.5M	178.6M	273.5M	428.1M	408.6M	429.0M
Other Current Assets	22.0M	16.4M	36.0M	25.2M	30.3M	31.8M
Other Stockholder Equity	42.7M	38.1M	33.8M	34.9M	37.5M	29.8M
Total Liab	540.5M	402.2M	600.9M	802.0M	719.3M	403.9M
Property Plant And Equipment Gross	354.6M	314.4M	600.9M	682.6M	753.0M	790.7M
Total Current Assets	499.8M	373.5M	619.2M	933.7M	880.8M	924.8M
Accumulated Other Comprehensive Income	142.3M	146.0M	144.2M	187.4M	168.3M	91.3M
Short Term Debt	21.8M	19.2M	16.3M	23.2M	48.8M	51.2M
Intangible Assets	61.4M	46.9M	33.2M	30.6M	26.0M	50.8M
Common Stock Total Equity	655.0M	651.1M	660.2M	663.3M	762.8M	497.8M
Common Stock	660.2M	663.3M	658.6M	658.8M	593.0M	541.2M
Non Currrent Assets Other	252K	1.4M	1.8M	4.7M	1.0	1.05
Other Liab	2.6M	3.2M	4.3M	6.7M	6.0M	9.3M
Net Tangible Assets	328.9M	358.0M	403.0M	523.8M	602.4M	632.5M
Other Assets	3.9M	59.2M	60.4M	46.4M	53.4M	56.1M
Long Term Debt	362.8M	284.7M	395.2M	491.5M	369.8M	402.7M
Property Plant Equipment	354.6M	314.4M	307.2M	345.6M	397.5M	315.7M
Long Term Debt Total	385.9M	297.9M	420.9M	527.9M	607.1M	430.7M
Capital Surpluse	42.7M	38.1M	33.8M	34.9M	40.1M	39.4M

Pair Trading with CES Energy

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

Moving together with CES Stock

0.68	ENB-PFV	Enbridge Pref 5	Pair Corr
0.77	ENS	E Split Corp	Pair Corr
0.82	ENS-PA	E Split Corp	Pair Corr

Moving against CES Stock

0.84	DII-B	Dorel Industries	Pair Corr
0.83	TC	Tucows Inc	Pair Corr
0.76	SLF-PH	Sun Lif Non	Pair Corr
0.46	SAGE	Sage Potash Corp	Pair Corr
0.44	AIM	Aimia Inc	Pair Corr

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

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

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

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CES Net Debt vs Gross Profit Margin Analysis

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Net Debt

Gross Profit Margin

CES Energy fundamental ratios Correlations

CES Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CES Energy fundamental ratios Accounts

Pair Trading with CES Energy

Moving together with CES Stock

Moving against CES Stock

Other Information on Investing in CES Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Net Debt
Total Current Assets	+ 0.99	Accounts Payable

Total Current Assets	- 0.86	Cash
Net Receivables	- 0.86	Cash
Cash	- 0.86	Accounts Payable
Inventory	- 0.84	Cash
Cash	- 0.84	Total Current Liabilities
Property Plant And Equipment Gross	- 0.8	Cash