Canaccord Historical Balance Sheet
CF Stock | CAD 10.88 0.13 1.21% |
Trend analysis of Canaccord Genuity Group balance sheet accounts such as Short Long Term Debt Total of 385 M, Other Current Liabilities of 2.6 B or Total Current Liabilities of 3.4 B provides information on Canaccord Genuity's total assets, liabilities, and equity, which is the actual value of Canaccord Genuity to its prevalent stockholders. By breaking down trends over time using Canaccord Genuity balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Canaccord Genuity latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canaccord Genuity is a good buy for the upcoming year.
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About Canaccord Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Canaccord Genuity at a specified time, usually calculated after every quarter, six months, or one year. Canaccord Genuity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canaccord Genuity 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 Canaccord currently owns. An asset can also be divided into two categories, current and non-current.
Canaccord Genuity Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Canaccord Genuity assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canaccord Genuity books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Canaccord Genuity balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canaccord Genuity Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Capital Lease Obligations
Canaccord Genuity capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Canaccord Genuity asset purchases. For example, Canaccord Genuity can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Canaccord Genuity control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from Canaccord Genuity's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canaccord Genuity current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Canaccord Genuity Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Canaccord Genuity's Accounts Payable is very stable compared to the past year. As of the 29th of November 2024, Non Current Liabilities Total is likely to grow to about 771.4 M, while Total Assets are likely to drop about 4.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 285.1M | 433.9M | 604.8M | 385.0M | Total Assets | 7.3B | 6.3B | 6.1B | 4.2B |
Canaccord Genuity balance sheet Correlations
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Canaccord Genuity Account Relationship Matchups
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High Negative Relationship
Canaccord Genuity balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.0B | 7.6B | 7.3B | 6.3B | 6.1B | 4.2B | |
Short Long Term Debt Total | 334.4M | 348.8M | 285.1M | 433.9M | 604.8M | 385.0M | |
Other Current Liab | (1.8B) | 3.5B | (2.7B) | 2.6B | 2.4B | 2.6B | |
Total Current Liabilities | 4.7B | 6.3B | 5.5B | 4.4B | 4.0B | 3.4B | |
Total Stockholder Equity | 928.6M | 1.1B | 1.2B | 1.1B | 995.6M | 716.3M | |
Property Plant And Equipment Net | 131.0M | 108.3M | 151.7M | 151.9M | 254.3M | 267.0M | |
Net Debt | (662.7M) | (1.5B) | (1.5B) | (574.6M) | (250.9M) | (263.4M) | |
Cash | 997.1M | 1.9B | 1.8B | 1.0B | 855.6M | 705.9M | |
Non Current Assets Total | 746.2M | 732.7M | 970.1M | 1.2B | 5.3B | 5.5B | |
Other Assets | 39.5M | 81.2M | 98.2M | 90.7M | (4.0B) | (3.8B) | |
Cash And Short Term Investments | 1.9B | 2.9B | 2.8B | 1.7B | 1.4B | 1.3B | |
Net Receivables | 2.9B | 3.5B | 2.9B | 3.1B | 3.2B | 2.2B | |
Common Stock Shares Outstanding | 128.3M | 109.0M | 109.4M | 87.4M | 91.8M | 83.2M | |
Short Term Investments | 931.5M | 1.0B | 1.1B | 715.1M | 575.0M | 652.0M | |
Liabilities And Stockholders Equity | 6.0B | 7.6B | 7.3B | 6.3B | 6.1B | 4.2B | |
Other Stockholder Equity | 101.5M | 62.4M | 64.2M | 49.4M | 44.5M | 42.2M | |
Total Liab | 5.0B | 6.5B | 5.8B | 4.9B | 4.8B | 3.5B | |
Property Plant And Equipment Gross | 131.0M | 277.8M | 330.8M | 364.3M | 501.8M | 526.9M | |
Total Current Assets | 5.2B | 6.9B | 6.3B | 5.1B | 4.9B | 3.7B | |
Short Term Debt | 61.4M | 236.4M | 14.1M | 20.8M | 45.8M | 43.5M | |
Current Deferred Revenue | 2.0B | 2.7B | 2.2B | 2.0B | 1.4B | 1.1B | |
Retained Earnings | (193.1M) | 73.2M | 251.5M | 119.6M | 58.5M | 38.6M | |
Accounts Payable | 1.7B | 2.6B | 2.7B | 1.7B | 1.6B | 2.0B | |
Non Current Liabilities Total | 364.7M | 169.9M | 347.7M | 540.4M | 734.7M | 771.4M | |
Accumulated Other Comprehensive Income | 139.4M | 103.5M | 69.1M | 105.2M | 114.9M | 60.8M | |
Common Stock | 663.6M | 662.4M | 576.2M | 566.3M | 616.5M | 504.2M | |
Other Current Assets | 388.4M | 494.5M | 512.1M | 332.1M | 268.8M | 255.3M | |
Good Will | 395.4M | 380.1M | 510.3M | 622.8M | 615.5M | 463.2M | |
Intangible Assets | 170.2M | 150.9M | 187.0M | 305.9M | 288.3M | 186.8M | |
Other Liab | 140.3M | 68.2M | 33.1M | 59.5M | 68.5M | 46.5M | |
Net Tangible Assets | 146.0M | 157.4M | 370.4M | 275.2M | 247.6M | 199.0M | |
Long Term Investments | 10.1M | 12.2M | 22.9M | 18.1M | 12.9M | 11.2M | |
Short Long Term Debt | 889.6M | 1.1B | 14.1M | 20.8M | 21.2M | 20.1M | |
Property Plant Equipment | 131.0M | 108.3M | 151.7M | 151.9M | 174.7M | 183.4M | |
Capital Surpluse | 101.5M | 62.4M | 64.2M | 49.4M | 44.5M | 71.9M | |
Long Term Debt | 207.5M | 66.2M | 145.5M | 293.8M | 368.8M | 198.1M | |
Long Term Debt Total | 296.4M | 136.8M | 247.1M | 386.3M | 444.3M | 224.0M |
Pair Trading with Canaccord Genuity
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 Canaccord Genuity 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 Canaccord Genuity will appreciate offsetting losses from the drop in the long position's value.Moving together with Canaccord Stock
0.85 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
0.89 | RY | Royal Bank Earnings Call This Week | PairCorr |
0.87 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
0.85 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against Canaccord Stock
0.6 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canaccord Genuity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canaccord Genuity 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 Canaccord Genuity - 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 Canaccord Genuity Group to buy it.
The correlation of Canaccord Genuity 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 Canaccord Genuity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canaccord Genuity 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 Canaccord Genuity 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 Canaccord Stock
Balance Sheet is a snapshot of the financial position of Canaccord Genuity at a specified time, usually calculated after every quarter, six months, or one year. Canaccord Genuity Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canaccord Genuity 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 Canaccord currently owns. An asset can also be divided into two categories, current and non-current.