Calian Days Sales Outstanding vs Ev To Sales Analysis

CGY Stock  CAD 44.50  0.47  1.05%   
Calian Technologies financial indicator trend analysis is way more than just evaluating Calian Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calian Technologies is a good investment. Please check the relationship between Calian Technologies Days Sales Outstanding and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calian Technologies. 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.

Days Sales Outstanding vs Ev To Sales

Days Sales Outstanding vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calian Technologies Days Sales Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Calian Technologies' Days Sales Outstanding and Ev To Sales is 0.1. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Calian Technologies, assuming nothing else is changed. The correlation between historical values of Calian Technologies' Days Sales Outstanding 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 Days Sales Outstanding of Calian Technologies 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 Days Sales Outstanding i.e., Calian Technologies' Days Sales Outstanding and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Days Sales Outstanding

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 Calian Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calian Technologies 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 Calian Technologies. 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, Calian Technologies' Selling General Administrative is very stable compared to the past year. As of the 16th of February 2025, Enterprise Value is likely to grow to about 586.8 M, while Tax Provision is likely to drop about 8 M.
 2022 2023 2024 2025 (projected)
Gross Profit204.2M254.0M292.1M306.7M
Total Revenue658.6M746.6M858.6M901.5M

Calian Technologies fundamental ratios Correlations

0.920.870.990.990.970.720.860.970.790.990.470.960.870.920.960.360.990.980.970.90.990.20.660.890.99
0.920.670.910.870.970.870.740.90.620.960.240.870.770.930.850.310.950.970.820.950.940.230.410.760.94
0.870.670.890.920.770.420.840.830.780.820.650.910.840.660.920.330.820.790.940.650.820.010.730.890.84
0.990.910.890.980.950.720.860.980.740.970.440.980.870.880.990.340.980.960.970.890.960.20.640.920.98
0.990.870.920.980.930.630.90.950.820.960.570.970.880.850.960.330.950.940.990.850.950.20.720.890.96
0.970.970.770.950.930.830.790.940.70.990.320.910.830.970.90.410.990.990.90.950.990.190.560.830.98
0.720.870.420.720.630.830.50.720.190.78-0.230.670.60.790.680.40.770.810.570.890.760.160.270.60.76
0.860.740.840.860.90.790.50.830.710.80.530.870.680.70.82-0.010.810.770.920.720.810.140.810.670.8
0.970.90.830.980.950.940.720.830.710.960.390.960.840.880.970.280.970.950.950.870.950.260.620.90.97
0.790.620.780.740.820.70.190.710.710.750.860.720.680.70.70.20.740.720.820.540.770.140.540.650.75
0.990.960.820.970.960.990.780.80.960.750.390.930.860.960.940.41.01.00.930.931.00.210.580.871.0
0.470.240.650.440.570.32-0.230.530.390.860.390.470.520.270.440.00.370.350.590.160.410.050.480.420.41
0.960.870.910.980.970.910.670.870.960.720.930.470.860.80.980.290.930.920.970.860.920.230.640.920.95
0.870.770.840.870.880.830.60.680.840.680.860.520.860.740.880.450.840.850.860.770.850.130.580.870.87
0.920.930.660.880.850.970.790.70.880.70.960.270.80.740.810.40.960.960.820.90.970.190.480.740.94
0.960.850.920.990.960.90.680.820.970.70.940.440.980.880.810.370.940.930.950.850.920.190.620.950.95
0.360.310.330.340.330.410.4-0.010.280.20.40.00.290.450.40.370.380.420.270.410.41-0.070.130.520.41
0.990.950.820.980.950.990.770.810.970.741.00.370.930.840.960.940.380.990.930.921.00.20.590.871.0
0.980.970.790.960.940.990.810.770.950.721.00.350.920.850.960.930.420.990.910.940.990.210.530.860.99
0.970.820.940.970.990.90.570.920.950.820.930.590.970.860.820.950.270.930.910.80.930.180.770.880.94
0.90.950.650.890.850.950.890.720.870.540.930.160.860.770.90.850.410.920.940.80.920.330.440.740.92
0.990.940.820.960.950.990.760.810.950.771.00.410.920.850.970.920.411.00.990.930.920.20.60.850.99
0.20.230.010.20.20.190.160.140.260.140.210.050.230.130.190.19-0.070.20.210.180.330.20.020.080.22
0.660.410.730.640.720.560.270.810.620.540.580.480.640.580.480.620.130.590.530.770.440.60.020.540.57
0.890.760.890.920.890.830.60.670.90.650.870.420.920.870.740.950.520.870.860.880.740.850.080.540.89
0.990.940.840.980.960.980.760.80.970.751.00.410.950.870.940.950.411.00.990.940.920.990.220.570.89
Click cells to compare fundamentals

Calian Technologies Account Relationship Matchups

Calian Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets458.0M547.2M585.7M707.9M814.1M854.8M
Short Long Term Debt Total19.6M17.5M26.5M74.8M86.0M90.3M
Other Current Liab49.2M59.0M41.7M39.2M45.1M47.4M
Total Current Liabilities121.2M211.7M195.1M214.6M246.7M259.1M
Total Stockholder Equity292.4M305.2M328.4M326.8M375.8M394.6M
Property Plant And Equipment Net27.8M33.3M61.3M75.6M86.9M91.3M
Net Debt(61.1M)(16.1M)41.0M38.0M43.7M45.8M
Retained Earnings91.4M92.2M96.9M91.3M105.0M110.2M
Accounts Payable43.7M91.7M76.2M89.9M103.4M108.6M
Cash78.6M42.6M33.7M51.8M59.6M62.5M
Non Current Assets Total195.8M250.7M321.2M431.1M495.8M520.6M
Cash And Short Term Investments24.2M78.6M42.6M33.7M38.8M27.6M
Net Receivables111.1M171.5M173.1M151.0M173.7M182.4M
Common Stock Shares Outstanding10.6M11.4M11.7M11.8M13.6M9.7M
Liabilities And Stockholders Equity331.1M458.0M547.2M585.7M673.6M707.3M
Non Current Liabilities Total44.4M30.3M62.2M166.6M191.6M201.2M
Other Current Assets7.1M10.5M23.9M19.2M22.1M23.2M
Other Stockholder Equity2.0M5.2M3.5M4.9M4.4M8.1M
Total Liab165.6M242.0M257.4M381.2M438.3M460.3M
Property Plant And Equipment Gross45.6M64.1M92.8M122.3M140.6M147.6M
Total Current Assets262.2M296.5M264.5M276.8M318.3M334.2M
Accumulated Other Comprehensive Income(1.6M)817K(3.8M)1.1M1.3M1.3M
Short Term Debt2.8M3.0M11.6M42.7M49.1M51.6M
Intangible Assets65.8M69.7M84.6M130.0M149.5M157.0M
Inventory61.9M58.5M38.6M43.6M50.2M52.7M
Current Deferred Revenue13.4M23.3M46.2M32.4M37.3M39.2M
Good Will100.1M146.0M159.1M210.4M242.0M254.0M
Common Stock107.9M195.0M213.3M225.5M259.4M272.3M
Other Liab11.0M21.2M30.0M15.4M17.7M10.4M
Net Tangible Assets63.7M105.8M129.7M91.7M105.5M85.4M
Property Plant Equipment11.0M29.3M27.8M33.3M38.3M40.2M
Capital Surpluse1.8M2.0M5.2M3.5M4.0M2.1M
Other Assets3.4M3.9M4.7M3.2M3.7M3.2M
Deferred Long Term Liab3.2M3.9M3.2M2.2M2.5M2.6M
Net Invested Capital292.4M312.7M366.1M416.5M479.0M262.0M
Net Working Capital141.0M84.9M69.4M62.3M71.6M90.0M

Pair Trading with Calian Technologies

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 Calian Technologies 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 Calian Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Calian Stock

  0.46AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to Calian Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calian Technologies 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 Calian Technologies - 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 Calian Technologies to buy it.
The correlation of Calian Technologies 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 Calian Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calian Technologies 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 Calian Technologies 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 CorrelationCorrelation Matching

Other Information on Investing in Calian Stock

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