Canadian Depreciation And Amortization vs Selling And Marketing Expenses Analysis
CGI Stock | 2,330 20.00 0.87% |
Canadian General financial indicator trend analysis is way more than just evaluating Canadian General Inv prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian General Inv is a good investment. Please check the relationship between Canadian General Depreciation And Amortization and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian General Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Depreciation And Amortization vs Selling And Marketing Expenses
Depreciation And Amortization vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian General Inv Depreciation And Amortization account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Canadian General's Depreciation And Amortization and Selling And Marketing Expenses is 0.24. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Canadian General Investments, assuming nothing else is changed. The correlation between historical values of Canadian General's Depreciation And Amortization and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Canadian General Investments are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Depreciation And Amortization i.e., Canadian General's Depreciation And Amortization and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Selling And Marketing Expenses
Most indicators from Canadian General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian General Inv 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 Canadian General Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 15.4 M, whereas Tax Provision is forecasted to decline to about 417.3 K.
Canadian General fundamental ratios Correlations
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Canadian General Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian General fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 1.2B | 1.5B | 1.2B | 1.3B | 1.5B | 903.6M | |
Other Current Liab | (2.6M) | (10.5M) | (1.6M) | 382.0K | 343.8K | 361.0K | |
Total Current Liabilities | 1.7M | 1.6M | 1.5M | 178.0M | 204.7M | 215.0M | |
Total Stockholder Equity | 1.0B | 1.3B | 1.0B | 1.2B | 1.3B | 725.6M | |
Net Debt | 92.3M | 83.4M | 71.4M | 163.8M | 188.4M | 197.8M | |
Retained Earnings | 914.9M | 1.2B | 877.7M | 1.0B | 1.2B | 1.2B | |
Accounts Payable | 1.8M | 1.7M | 1.6M | 2.3M | 2.0M | 1.3M | |
Cash | 6.9M | 16.6M | 3.6M | 11.2M | 12.9M | 12.7M | |
Non Current Assets Total | 1.2B | 1.4B | 1.2B | 158K | 181.7K | 172.6K | |
Non Currrent Assets Other | (1.2B) | (1.4B) | (1.2B) | (1.3B) | (1.2B) | (1.3B) | |
Other Assets | 134K | 193K | 2.2M | 158K | 142.2K | 135.1K | |
Cash And Short Term Investments | 6.9M | 16.6M | 3.6M | 1.3B | 1.5B | 1.6B | |
Net Receivables | 1.9M | 2.4M | 1.9M | 1.8M | 1.6M | 1.5M | |
Common Stock Shares Outstanding | 20.9M | 20.9M | 20.9M | 20.9M | 18.8M | 16.8M | |
Liabilities And Stockholders Equity | 1.2B | 1.5B | 1.2B | 1.3B | 1.5B | 903.6M | |
Total Liab | 176.3M | 185.2M | 151.5M | 177.7M | 204.3M | 178.0M | |
Total Current Assets | 8.8M | 19.0M | 5.5M | 1.3B | 1.5B | 1.6B | |
Non Current Liabilities Total | 99.2M | 100M | 1.5M | 175M | 157.5M | 91.0M | |
Other Current Assets | 1.2B | 1.4B | 1.9M | 1.3B | 1.5B | 1.6B | |
Short Term Investments | 1.2B | 1.4B | 1.2B | 1.3B | 1.5B | 999.8M | |
Inventory | (1.2B) | (1.4B) | (1.2B) | (1.3B) | (1.2B) | (1.3B) | |
Short Long Term Debt Total | 99.2M | 100M | 75M | 175M | 157.5M | 88.6M | |
Net Tangible Assets | 771.5M | 1.0B | 1.3B | 1.0B | 1.2B | 861.8M | |
Long Term Investments | 1.2B | 1.4B | 1.2B | 1.3B | 1.5B | 1.1B | |
Net Invested Capital | 1.1B | 1.4B | 1.1B | 1.3B | 1.5B | 1.1B |
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Balance Sheet is a snapshot of the financial position of Canadian General Inv at a specified time, usually calculated after every quarter, six months, or one year. Canadian General Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian General 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 Canadian currently owns. An asset can also be divided into two categories, current and non-current.