Canadian Payout Ratio vs Cash Per Share Analysis

CGI Stock

CAD 40.97 0.27 0.65%

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 Payout Ratio and its Cash Per Share 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 board of governors.

Payout Ratio vs Cash Per Share

Payout Ratio vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian General Inv Payout Ratio account and Cash Per Share. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Canadian General's Payout Ratio and Cash Per Share is 0.15. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Cash Per Share 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 Payout Ratio and Cash 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 Payout Ratio of Canadian General Investments are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Payout Ratio i.e., Canadian General's Payout Ratio and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Canadian General Investments earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Canadian General Inv dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Canadian General Inv is paying out more in dividends than it makes in net income.

Cash Per Share

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 board of governors.

At this time, Canadian General's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.1, while Tax Provision is likely to drop about 362.9 K.

Canadian General fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Other Current Assets	Short Term Investments	Inventory	Short Long Term Debt Total	Net Tangible Assets	Long Term Debt	Short Long Term Debt
Total Assets		-0.74	0.3	1.0	0.39	0.9	0.9	-0.03	0.33	-0.94	-0.18	0.33	0.06	-0.38	-0.11	0.8	0.2	-0.35	-0.22	0.73	0.99	-0.91	-0.27	0.98	-0.67	-0.7
Other Current Liab	-0.74		-0.62	-0.74	-0.58	-0.82	-0.81	0.16	0.15	0.84	0.39	-0.69	-0.29	0.67	0.48	-0.63	-0.4	0.68	0.24	-0.52	-0.78	0.86	0.23	-0.78	0.89	0.68
Total Current Liabilities	0.3	-0.62		0.28	0.48	0.51	0.44	0.23	-0.74	-0.47	-0.04	0.96	0.25	-0.92	-0.65	0.46	0.86	-0.94	0.15	0.55	0.35	-0.53	0.15	0.35	-0.71	-0.38
Total Stockholder Equity	1.0	-0.74	0.28		0.38	0.89	0.9	-0.03	0.34	-0.93	-0.18	0.32	0.05	-0.37	-0.09	0.78	0.19	-0.34	-0.23	0.71	0.99	-0.9	-0.28	0.98	-0.67	-0.7
Net Debt	0.39	-0.58	0.48	0.38		0.53	0.5	-0.15	-0.29	-0.47	-0.28	0.58	-0.1	-0.54	-0.52	0.48	0.37	-0.56	0.02	0.37	0.43	-0.53	-0.01	0.35	-0.39	-0.33
Retained Earnings	0.9	-0.82	0.51	0.89	0.53		0.8	0.06	0.13	-0.95	-0.09	0.54	0.11	-0.5	-0.46	0.82	0.44	-0.52	-0.36	0.82	0.92	-0.96	-0.38	0.9	-0.77	-0.73
Accounts Payable	0.9	-0.81	0.44	0.9	0.5	0.8		-0.1	0.07	-0.88	-0.35	0.49	0.19	-0.55	-0.2	0.78	0.24	-0.51	-0.04	0.61	0.91	-0.84	-0.07	0.9	-0.73	-0.69
Cash	-0.03	0.16	0.23	-0.03	-0.15	0.06	-0.1		-0.01	0.12	0.47	-0.02	-0.28	0.07	-0.05	0.03	0.24	0.07	-0.22	0.2	-0.09	0.09	0.22	-0.1	-0.1	-0.4
Non Current Assets Total	0.33	0.15	-0.74	0.34	-0.29	0.13	0.07	-0.01		-0.14	0.04	-0.75	-0.2	0.74	0.44	0.07	-0.66	0.76	-0.45	-0.01	0.28	-0.09	-0.4	0.27	0.19	-0.16
Non Currrent Assets Other	-0.94	0.84	-0.47	-0.93	-0.47	-0.95	-0.88	0.12	-0.14		0.27	-0.54	-0.28	0.52	0.4	-0.87	-0.33	0.53	0.19	-0.78	-0.97	0.99	0.32	-0.97	0.77	0.66
Other Assets	-0.18	0.39	-0.04	-0.18	-0.28	-0.09	-0.35	0.47	0.04	0.27		-0.18	-0.39	0.2	0.07	-0.31	0.43	0.21	-0.37	0.16	-0.23	0.25	-0.41	-0.26	0.15	0.2
Cash And Short Term Investments	0.33	-0.69	0.96	0.32	0.58	0.54	0.49	-0.02	-0.75	-0.54	-0.18		0.31	-0.96	-0.67	0.51	0.81	-0.99	0.21	0.55	0.4	-0.59	0.11	0.4	-0.68	-0.32
Net Receivables	0.06	-0.29	0.25	0.05	-0.1	0.11	0.19	-0.28	-0.2	-0.28	-0.39	0.31		-0.23	-0.39	0.27	0.05	-0.28	0.18	0.1	0.14	-0.26	-0.03	0.21	-0.28	0.01
Common Stock Total Equity	-0.38	0.67	-0.92	-0.37	-0.54	-0.5	-0.55	0.07	0.74	0.52	0.2	-0.96	-0.23		0.46	-0.47	-0.76	0.99	-0.32	-0.5	-0.43	0.55	-0.21	-0.43	0.65	0.31
Common Stock Shares Outstanding	-0.11	0.48	-0.65	-0.09	-0.52	-0.46	-0.2	-0.05	0.44	0.4	0.07	-0.67	-0.39	0.46		-0.46	-0.58	0.57	0.18	-0.44	-0.2	0.48	0.25	-0.18	0.48	0.2
Total Liab	0.8	-0.63	0.46	0.78	0.48	0.82	0.78	0.03	0.07	-0.87	-0.31	0.51	0.27	-0.47	-0.46		0.29	-0.48	0.01	0.86	0.83	-0.86	-0.03	0.81	-0.5	-0.66
Total Current Assets	0.2	-0.4	0.86	0.19	0.37	0.44	0.24	0.24	-0.66	-0.33	0.43	0.81	0.05	-0.76	-0.58	0.29		-0.79	-0.02	0.6	0.24	-0.39	-0.16	0.21	-0.53	-0.16
Common Stock	-0.35	0.68	-0.94	-0.34	-0.56	-0.52	-0.51	0.07	0.76	0.53	0.21	-0.99	-0.28	0.99	0.57	-0.48	-0.79		-0.28	-0.52	-0.41	0.57	-0.16	-0.41	0.67	0.3
Non Current Liabilities Total	-0.22	0.24	0.15	-0.23	0.02	-0.36	-0.04	-0.22	-0.45	0.19	-0.37	0.21	0.18	-0.32	0.18	0.01	-0.02	-0.28		-0.09	-0.21	0.22	0.68	-0.16	0.28	0.41
Other Current Assets	0.73	-0.52	0.55	0.71	0.37	0.82	0.61	0.2	-0.01	-0.78	0.16	0.55	0.1	-0.5	-0.44	0.86	0.6	-0.52	-0.09		0.75	-0.8	-0.25	0.73	-0.5	-0.54
Short Term Investments	0.99	-0.78	0.35	0.99	0.43	0.92	0.91	-0.09	0.28	-0.97	-0.23	0.4	0.14	-0.43	-0.2	0.83	0.24	-0.41	-0.21	0.75		-0.95	-0.3	0.99	-0.7	-0.68
Inventory	-0.91	0.86	-0.53	-0.9	-0.53	-0.96	-0.84	0.09	-0.09	0.99	0.25	-0.59	-0.26	0.55	0.48	-0.86	-0.39	0.57	0.22	-0.8	-0.95		0.34	-0.94	0.79	0.66
Short Long Term Debt Total	-0.27	0.23	0.15	-0.28	-0.01	-0.38	-0.07	0.22	-0.4	0.32	-0.41	0.11	-0.03	-0.21	0.25	-0.03	-0.16	-0.16	0.68	-0.25	-0.3	0.34		-0.27	0.27	-0.05
Net Tangible Assets	0.98	-0.78	0.35	0.98	0.35	0.9	0.9	-0.1	0.27	-0.97	-0.26	0.4	0.21	-0.43	-0.18	0.81	0.21	-0.41	-0.16	0.73	0.99	-0.94	-0.27		-0.72	-0.66
Long Term Debt	-0.67	0.89	-0.71	-0.67	-0.39	-0.77	-0.73	-0.1	0.19	0.77	0.15	-0.68	-0.28	0.65	0.48	-0.5	-0.53	0.67	0.28	-0.5	-0.7	0.79	0.27	-0.72		0.62
Short Long Term Debt	-0.7	0.68	-0.38	-0.7	-0.33	-0.73	-0.69	-0.4	-0.16	0.66	0.2	-0.32	0.01	0.31	0.2	-0.66	-0.16	0.3	0.41	-0.54	-0.68	0.66	-0.05	-0.66	0.62

Click cells to compare fundamentals

Canadian General Account Relationship Matchups

Canadian General fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	948.2M	1.2B	1.5B	1.2B	1.3B	903.6M
Other Current Liab	(1.2M)	(101.9M)	(110.5M)	(151.5M)	(177.7M)	(168.8M)
Total Current Liabilities	1.2M	1.7M	1.6M	1.5M	178.0M	186.9M
Total Stockholder Equity	771.5M	1.0B	1.3B	1.0B	1.2B	725.6M
Net Debt	77.5M	92.3M	83.4M	71.4M	163.8M	172.0M
Retained Earnings	643.0M	914.9M	1.2B	877.7M	1.0B	1.1B
Accounts Payable	1.2M	1.8M	1.7M	1.6M	2.3M	1.3M
Cash	21.0M	6.9M	16.6M	3.6M	11.2M	12.7M
Non Current Assets Total	925.9M	1.2B	1.4B	1.2B	158K	150.1K
Non Currrent Assets Other	(925.9M)	(1.2B)	(1.4B)	(1.2B)	(1.3B)	(1.3B)
Other Assets	141K	134K	193K	2.2M	158K	150.1K
Cash And Short Term Investments	21.0M	6.9M	16.6M	3.6M	1.3B	1.4B
Net Receivables	1.1M	1.9M	2.4M	1.9M	1.8M	3.4M
Common Stock Shares Outstanding	20.9M	20.9M	20.9M	20.9M	20.9M	16.8M
Liabilities And Stockholders Equity	948.2M	1.2B	1.5B	1.2B	1.3B	903.6M
Total Liab	176.7M	176.3M	185.2M	151.5M	177.7M	178.0M
Total Current Assets	22.1M	8.8M	19.0M	5.5M	1.3B	1.4B
Non Current Liabilities Total	98.6M	99.2M	100M	1.5M	175M	91.0M
Other Current Assets	925.9M	1.2B	1.4B	1.9M	1.3B	1.4B
Short Term Investments	925.9M	1.2B	1.4B	1.2B	1.3B	999.8M
Inventory	(925.9M)	(1.2B)	(1.4B)	(1.2B)	(1.3B)	(1.4B)
Short Long Term Debt Total	172.8M	99.2M	100M	75M	175M	99.3M
Net Tangible Assets	771.5M	1.0B	1.3B	1.0B	1.2B	861.8M
Long Term Debt	148.8M	74.1M	172.8M	74.5M	74.7M	0.0
Short Term Debt	0.0	99.2M	100M	149.9M	175M	123.2M
Long Term Debt Total	148.8M	74.1M	172.8M	74.5M	74.7M	0.0
Long Term Investments	925.9M	1.2B	1.4B	1.2B	1.3B	1.1B
Net Invested Capital	870.1M	1.1B	1.4B	1.1B	1.3B	1.1B

Pair Trading with Canadian General

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 Canadian General 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 Canadian General will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

0.85	AEMC	Alaska Energy Metals	Pair Corr
0.8	EOG	Eco Atlantic Oil	Pair Corr
0.4	CMC	Cielo Waste Solutions	Pair Corr

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

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

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.

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

Canadian Payout Ratio vs Cash Per Share Analysis

Payout Ratio vs Cash Per Share

Payout Ratio vs Cash Per Share Correlation Analysis

Correlation Coefficient

Payout Ratio

Cash Per Share

Canadian General fundamental ratios Correlations

Canadian General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian General fundamental ratios Accounts

Pair Trading with Canadian General

Moving against Canadian Stock

Other Information on Investing in Canadian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Short Term Investments	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Non Currrent Assets Other
Common Stock	+ 0.99	Common Stock Total Equity
Net Tangible Assets	+ 0.99	Short Term Investments

Common Stock	- 0.99	Cash And Short Term Investments
Net Tangible Assets	- 0.97	Non Currrent Assets Other
Short Term Investments	- 0.97	Non Currrent Assets Other
Common Stock Total Equity	- 0.96	Cash And Short Term Investments
Inventory	- 0.96	Retained Earnings
Inventory	- 0.95	Short Term Investments