Conifex Free Cash Flow Yield vs Ev To Sales Analysis

CFF Stock

CAD 0.40 0.01 2.56%

Conifex Timber financial indicator trend analysis is way more than just evaluating Conifex Timber prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conifex Timber is a good investment. Please check the relationship between Conifex Timber Free Cash Flow Yield and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conifex Timber. 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.

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conifex Timber Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Conifex Timber's Free Cash Flow Yield and Ev To Sales is 0.55. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Conifex Timber, assuming nothing else is changed. The correlation between historical values of Conifex Timber's Free Cash Flow Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Conifex Timber are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., Conifex Timber's Free Cash Flow Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Conifex Timber's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conifex Timber 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 Conifex Timber. 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, Conifex Timber's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Discontinued Operations is likely to grow to about 291.4 K, though Tax Provision is likely to grow to (11.3 M).

	2021	2022	2023	2024 (projected)
Total Revenue	250.5M	231.3M	141.2M	134.1M
Depreciation And Amortization	10.8M	8.4M	11.7M	12.4M

Total Revenue Depreciation And Amortization

Conifex Timber fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Current Liabilities Total	Inventory	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Good Will	Common Stock Total Equity
Total Assets		0.57	0.92	0.94	0.21	0.82	0.39	0.39	0.78	0.42	0.4	-0.02	0.96	0.75	0.76	0.95	0.9	0.92	0.91	0.68	0.82	0.46	-0.31	0.28	0.73	0.31
Total Current Liabilities	0.57		0.26	0.72	-0.19	0.62	-0.26	-0.26	0.24	0.38	0.95	-0.15	0.73	0.94	0.73	0.7	0.24	0.25	0.24	-0.02	0.13	0.98	-0.22	0.0	0.15	0.25
Total Stockholder Equity	0.92	0.26		0.74	0.27	0.73	0.6	0.6	0.77	0.41	0.09	0.06	0.78	0.51	0.6	0.76	0.89	0.93	0.89	0.79	0.88	0.13	-0.35	0.36	0.79	0.32
Net Debt	0.94	0.72	0.74		0.16	0.75	0.13	0.13	0.68	0.35	0.57	-0.12	0.99	0.83	0.79	1.0	0.81	0.82	0.84	0.5	0.69	0.66	-0.22	0.22	0.66	0.27
Retained Earnings	0.21	-0.19	0.27	0.16		0.2	0.4	0.4	0.62	-0.71	-0.37	0.27	0.15	-0.1	0.09	0.18	0.44	0.37	0.36	0.48	0.18	-0.22	0.65	-0.23	0.35	-0.69
Accounts Payable	0.82	0.62	0.73	0.75	0.2		0.52	0.52	0.75	0.27	0.42	0.28	0.81	0.76	0.63	0.76	0.69	0.64	0.64	0.53	0.55	0.48	-0.08	-0.07	0.4	0.01
Cash	0.39	-0.26	0.6	0.13	0.4	0.52		1.0	0.63	-0.03	-0.46	0.38	0.22	-0.06	0.01	0.17	0.56	0.5	0.48	0.59	0.47	-0.4	0.12	-0.11	0.34	-0.21
Cash And Short Term Investments	0.39	-0.26	0.6	0.13	0.4	0.52	1.0		0.63	-0.03	-0.46	0.38	0.22	-0.06	0.01	0.17	0.56	0.5	0.48	0.59	0.47	-0.4	0.12	-0.11	0.34	-0.21
Net Receivables	0.78	0.24	0.77	0.68	0.62	0.75	0.63	0.63		-0.01	-0.01	0.24	0.72	0.44	0.55	0.69	0.88	0.78	0.81	0.76	0.69	0.12	0.11	-0.07	0.51	-0.22
Common Stock Shares Outstanding	0.42	0.38	0.41	0.35	-0.71	0.27	-0.03	-0.03	-0.01		0.46	-0.22	0.39	0.48	0.46	0.33	0.15	0.24	0.23	0.05	0.39	0.34	-0.87	0.44	0.16	0.89
Other Current Assets	0.4	0.95	0.09	0.57	-0.37	0.42	-0.46	-0.46	-0.01	0.46		-0.25	0.57	0.87	0.66	0.54	0.02	0.06	0.06	-0.2	-0.02	0.96	-0.34	0.09	0.01	0.37
Other Stockholder Equity	-0.02	-0.15	0.06	-0.12	0.27	0.28	0.38	0.38	0.24	-0.22	-0.25		-0.08	-0.06	0.11	-0.11	0.05	-0.06	-0.01	0.28	0.04	-0.19	0.14	-0.13	-0.24	-0.37
Total Liab	0.96	0.73	0.78	0.99	0.15	0.81	0.22	0.22	0.72	0.39	0.57	-0.08		0.85	0.81	0.99	0.82	0.82	0.84	0.54	0.71	0.64	-0.25	0.2	0.63	0.27
Total Current Assets	0.75	0.94	0.51	0.83	-0.1	0.76	-0.06	-0.06	0.44	0.48	0.87	-0.06	0.85		0.86	0.81	0.46	0.45	0.46	0.27	0.38	0.88	-0.35	0.15	0.27	0.3
Other Current Liab	0.76	0.73	0.6	0.79	0.09	0.63	0.01	0.01	0.55	0.46	0.66	0.11	0.81	0.86		0.77	0.53	0.53	0.55	0.39	0.44	0.7	-0.36	0.24	0.38	0.28
Short Long Term Debt Total	0.95	0.7	0.76	1.0	0.18	0.76	0.17	0.17	0.69	0.33	0.54	-0.11	0.99	0.81	0.77		0.83	0.84	0.86	0.53	0.71	0.62	-0.21	0.21	0.67	0.26
Property Plant And Equipment Net	0.9	0.24	0.89	0.81	0.44	0.69	0.56	0.56	0.88	0.15	0.02	0.05	0.82	0.46	0.53	0.83		0.97	0.98	0.82	0.89	0.12	-0.12	0.18	0.73	0.07
Non Current Assets Total	0.92	0.25	0.93	0.82	0.37	0.64	0.5	0.5	0.78	0.24	0.06	-0.06	0.82	0.45	0.53	0.84	0.97		0.98	0.76	0.89	0.14	-0.19	0.31	0.87	0.23
Non Current Liabilities Total	0.91	0.24	0.89	0.84	0.36	0.64	0.48	0.48	0.81	0.23	0.06	-0.01	0.84	0.46	0.55	0.86	0.98	0.98		0.78	0.9	0.14	-0.17	0.29	0.78	0.18
Inventory	0.68	-0.02	0.79	0.5	0.48	0.53	0.59	0.59	0.76	0.05	-0.2	0.28	0.54	0.27	0.39	0.53	0.82	0.76	0.78		0.85	-0.14	-0.15	0.3	0.5	-0.04
Property Plant And Equipment Gross	0.82	0.13	0.88	0.69	0.18	0.55	0.47	0.47	0.69	0.39	-0.02	0.04	0.71	0.38	0.44	0.71	0.89	0.89	0.9	0.85		0.01	-0.42	0.42	0.67	0.38
Short Term Debt	0.46	0.98	0.13	0.66	-0.22	0.48	-0.4	-0.4	0.12	0.34	0.96	-0.19	0.64	0.88	0.7	0.62	0.12	0.14	0.14	-0.14	0.01		-0.19	0.01	0.09	0.25
Intangible Assets	-0.31	-0.22	-0.35	-0.22	0.65	-0.08	0.12	0.12	0.11	-0.87	-0.34	0.14	-0.25	-0.35	-0.36	-0.21	-0.12	-0.19	-0.17	-0.15	-0.42	-0.19		-0.51	-0.04	-0.87
Non Currrent Assets Other	0.28	0.0	0.36	0.22	-0.23	-0.07	-0.11	-0.11	-0.07	0.44	0.09	-0.13	0.2	0.15	0.24	0.21	0.18	0.31	0.29	0.3	0.42	0.01	-0.51		0.39	0.61
Good Will	0.73	0.15	0.79	0.66	0.35	0.4	0.34	0.34	0.51	0.16	0.01	-0.24	0.63	0.27	0.38	0.67	0.73	0.87	0.78	0.5	0.67	0.09	-0.04	0.39		0.28
Common Stock Total Equity	0.31	0.25	0.32	0.27	-0.69	0.01	-0.21	-0.21	-0.22	0.89	0.37	-0.37	0.27	0.3	0.28	0.26	0.07	0.23	0.18	-0.04	0.38	0.25	-0.87	0.61	0.28

Click cells to compare fundamentals

Conifex Timber Account Relationship Matchups

Conifex Timber fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	461.5M	216.8M	231.5M	257.3M	219.0M	273.1M
Total Current Liabilities	254.8M	23.9M	30.4M	34.2M	39.3M	56.3M
Total Stockholder Equity	124.6M	116.4M	129.8M	146.3M	115.5M	128.5M
Net Debt	256.3M	52.2M	53.0M	54.4M	54.2M	90.6M
Retained Earnings	(183.4M)	(189.8M)	(162.6M)	(146.2M)	(176.8M)	(168.0M)
Accounts Payable	35.8M	14.8M	18.8M	17.2M	19.1M	26.3M
Cash	919.5K	11.2M	6.4M	8.4M	9.7M	11.0M
Cash And Short Term Investments	919.5K	11.2M	6.4M	8.4M	9.7M	11.0M
Net Receivables	13.8M	10.4M	8.8M	10.4M	7.2M	6.8M
Common Stock Shares Outstanding	46.8M	47.0M	45.2M	40.1M	40.0M	26.8M
Liabilities And Stockholders Equity	461.5M	216.8M	231.5M	257.3M	219.0M	273.1M
Other Current Assets	256.2M	14.3M	22.3M	25.2M	17.2M	34.1M
Other Stockholder Equity	16.7M	18.2M	43.6M	46.3M	45.5M	51.6M
Total Liab	336.9M	100.3M	101.6M	111.0M	103.5M	144.6M
Total Current Assets	286.3M	48.8M	77.7M	93.3M	57.1M	90.6M
Other Current Liab	60.8M	19.4M	25.8M	22.9M	4.0M	3.8M
Short Long Term Debt Total	257.2M	63.4M	59.4M	62.8M	63.8M	123.4M
Property Plant And Equipment Net	137.3M	130.0M	125.4M	129.9M	123.1M	181.9M
Non Current Assets Total	175.2M	167.9M	153.7M	164.0M	161.9M	221.6M
Non Current Liabilities Total	82.1M	76.4M	71.2M	76.8M	64.2M	107.3M
Inventory	15.3M	13.0M	40.3M	49.2M	23.0M	39.3M
Property Plant And Equipment Gross	137.3M	130.0M	209.5M	222.0M	226.2M	203.8M
Accumulated Other Comprehensive Income	554.1K	564K	563.7K	567.4K	566.1K	594.4K
Short Term Debt	194.0M	4.5M	4.6M	11.2M	16.3M	15.5M
Intangible Assets	3.8M	3.5M	3.1M	3.1M	3.0M	4.7M
Non Currrent Assets Other	5.9M	2.7M	2.7M	9.2M	2.7M	2.9M
Common Stock Total Equity	174.3M	289.7M	290.7M	287.4M	330.6M	223.1M
Common Stock	290.7M	287.4M	248.3M	245.6M	246.3M	235.2M
Other Liab	18.8M	17.5M	16.5M	25.3M	29.0M	20.7M
Net Tangible Assets	118.9M	111.1M	124.8M	141.3M	162.5M	148.5M
Current Deferred Revenue	(35.8M)	(14.8M)	(18.8M)	(17.2M)	(15.5M)	(16.2M)
Other Assets	12.2M	12.5M	3.3M	9.2M	10.5M	6.0M
Long Term Debt	60.2M	57.0M	53.7M	50.1M	46.4M	76.4M
Short Long Term Debt	192.4M	3.3M	3.5M	10.2M	15.4M	30.2M
Property Plant Equipment	137.3M	130.0M	125.4M	129.9M	116.9M	155.9M
Long Term Debt Total	63.3M	58.9M	54.8M	51.6M	46.4M	86.5M
Capital Surpluse	16.7M	18.2M	43.6M	46.3M	53.2M	55.9M
Capital Lease Obligations	4.6M	3.1M	2.2M	2.5M	2.1M	3.0M

Pair Trading with Conifex Timber

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

Moving together with Conifex Stock

0.67

First Majestic Silver

Pair Corr

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

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

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

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Conifex Free Cash Flow Yield vs Ev To Sales Analysis

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ev To Sales

Conifex Timber fundamental ratios Correlations

Conifex Timber Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Conifex Timber fundamental ratios Accounts

Pair Trading with Conifex Timber

Moving together with Conifex Stock

Other Information on Investing in Conifex Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Net Debt
Short Long Term Debt Total	+ 0.99	Total Liab
Short Term Debt	+ 0.98	Total Current Liabilities
Non Current Liabilities Total	+ 0.98	Property Plant And Equipment Net

Common Stock Total Equity	- 0.87	Intangible Assets
Intangible Assets	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.71	Retained Earnings
Common Stock Total Equity	- 0.69	Retained Earnings
Non Currrent Assets Other	- 0.51	Intangible Assets
Other Current Assets	- 0.46	Cash And Short Term Investments