Choice Dividends Paid vs Change To Liabilities Analysis

CHP-UN Stock  CAD 13.98  0.01  0.07%   
Choice Properties financial indicator trend analysis is way more than just evaluating Choice Properties Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Choice Properties Real is a good investment. Please check the relationship between Choice Properties Dividends Paid and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Choice Properties Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Dividends Paid vs Change To Liabilities

Dividends Paid vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Choice Properties Real Dividends Paid account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Choice Properties' Dividends Paid and Change To Liabilities is -0.44. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Choice Properties Real, assuming nothing else is changed. The correlation between historical values of Choice Properties' Dividends Paid and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Choice Properties Real are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Dividends Paid i.e., Choice Properties' Dividends Paid and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Liabilities

Most indicators from Choice Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Choice Properties Real 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 Choice Properties Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Choice Properties' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.18, whereas Selling General Administrative is forecasted to decline to about 33.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense528.3M531.8M561.5M492.6M
Depreciation And Amortization1.3B492.1M1M950K

Choice Properties fundamental ratios Correlations

0.980.870.970.230.980.740.110.481.00.520.540.510.980.99-0.04-0.32-0.90.990.80.830.98-0.180.980.970.76
0.980.830.960.321.00.70.030.430.990.580.50.430.950.98-0.04-0.32-0.840.980.710.790.96-0.190.960.960.7
0.870.830.790.180.820.70.170.480.860.290.440.630.840.860.12-0.45-0.760.90.880.970.790.010.80.80.8
0.970.960.790.310.950.76-0.010.520.970.450.590.470.960.94-0.15-0.3-0.870.930.750.770.98-0.30.981.00.74
0.230.320.180.310.310.22-0.490.260.240.20.37-0.130.180.18-0.24-0.230.110.180.00.30.23-0.340.210.310.13
0.981.00.820.950.310.690.050.40.980.60.480.420.940.98-0.03-0.3-0.830.970.690.790.95-0.180.950.950.69
0.740.70.70.760.220.69-0.350.880.73-0.050.820.860.720.7-0.1-0.73-0.740.710.720.680.69-0.180.720.770.95
0.110.030.17-0.01-0.490.05-0.35-0.50.10.27-0.37-0.130.190.170.130.61-0.270.170.30.030.140.240.07-0.02-0.16
0.480.430.480.520.260.40.88-0.50.47-0.160.920.740.50.43-0.2-0.75-0.470.450.510.490.46-0.140.50.540.8
1.00.990.860.970.240.980.730.10.470.540.540.50.980.99-0.04-0.32-0.890.990.780.820.98-0.190.980.970.75
0.520.580.290.450.20.6-0.050.27-0.160.540.02-0.280.510.580.090.19-0.290.550.060.220.55-0.080.540.44-0.07
0.540.50.440.590.370.480.82-0.370.920.540.020.650.580.51-0.2-0.62-0.530.510.530.430.56-0.190.550.610.74
0.510.430.630.47-0.130.420.86-0.130.740.5-0.280.650.490.490.08-0.74-0.630.520.740.560.410.190.430.480.87
0.980.950.840.960.180.940.720.190.50.980.510.580.490.98-0.09-0.24-0.920.970.820.780.99-0.210.980.960.74
0.990.980.860.940.180.980.70.170.430.990.580.510.490.980.0-0.3-0.91.00.780.80.97-0.130.960.940.73
-0.04-0.040.12-0.15-0.24-0.03-0.10.13-0.2-0.040.09-0.20.08-0.090.0-0.340.040.020.020.12-0.12-0.05-0.13-0.150.07
-0.32-0.32-0.45-0.3-0.23-0.3-0.730.61-0.75-0.320.19-0.62-0.74-0.24-0.3-0.340.24-0.32-0.36-0.5-0.2-0.04-0.25-0.32-0.7
-0.9-0.84-0.76-0.870.11-0.83-0.74-0.27-0.47-0.89-0.29-0.53-0.63-0.92-0.90.040.24-0.89-0.86-0.68-0.90.12-0.88-0.88-0.79
0.990.980.90.930.180.970.710.170.450.990.550.510.520.971.00.02-0.32-0.890.810.840.96-0.110.960.940.75
0.80.710.880.750.00.690.720.30.510.780.060.530.740.820.780.02-0.36-0.860.810.810.760.080.730.760.82
0.830.790.970.770.30.790.680.030.490.820.220.430.560.780.80.12-0.5-0.680.840.810.74-0.080.760.780.79
0.980.960.790.980.230.950.690.140.460.980.550.560.410.990.97-0.12-0.2-0.90.960.760.74-0.280.990.980.7
-0.18-0.190.01-0.3-0.34-0.18-0.180.24-0.14-0.19-0.08-0.190.19-0.21-0.13-0.05-0.040.12-0.110.08-0.08-0.28-0.28-0.29-0.18
0.980.960.80.980.210.950.720.070.50.980.540.550.430.980.96-0.13-0.25-0.880.960.730.760.99-0.280.980.71
0.970.960.81.00.310.950.77-0.020.540.970.440.610.480.960.94-0.15-0.32-0.880.940.760.780.98-0.290.980.75
0.760.70.80.740.130.690.95-0.160.80.75-0.070.740.870.740.730.07-0.7-0.790.750.820.790.7-0.180.710.75
Click cells to compare fundamentals

Choice Properties Account Relationship Matchups

Choice Properties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6B15.6B16.2B16.8B17.3B14.1B
Short Long Term Debt Total6.5B6.5B6.2B6.6B6.7B5.9B
Total Current Liabilities1.2B803.5M1.1B1.2B1.5B994.6M
Total Stockholder Equity3.1B3.5B3.3B3.8B4.4B2.6B
Property Plant And Equipment Net14.4B14.4B86.6M109.5M14.9B9.2B
Net Debt6.5B6.4B6.1B6.5B6.4B5.8B
Retained Earnings361.0M811.7M834.7M1.6B2.4B2.5B
Accounts Payable500.9M476.3M598.1M578.5M43.5M41.3M
Cash42.0M72.2M84.3M64.7M252.4M265.0M
Non Current Assets Total15.1B15.2B15.8B16.1B16.6B13.7B
Non Currrent Assets Other14.5B14.5B15.1B(2.1B)589.4M559.9M
Cash And Short Term Investments42.0M207.2M84.3M64.7M252.4M265.0M
Net Receivables8.3M224.4M317.6M558.5M656.0M688.8M
Common Stock Shares Outstanding689.0M707.8M723.1M723.5M723.7M612.4M
Liabilities And Stockholders Equity15.6B15.6B16.2B16.8B17.3B14.1B
Non Current Liabilities Total11.3B11.3B11.7B11.8B11.4B10.5B
Inventory(182K)(377K)10.1M18.8M8.7M8.2M
Other Current Assets292.0M150.5M215.8M50.4M(917.1M)(871.3M)
Other Stockholder Equity(1.0B)(1.8B)(2.0B)(3.0B)(1.7B)(1.6B)
Total Liab12.5B12.1B12.9B13.0B12.9B11.5B
Total Current Assets432.2M431.7M412.0M692.4M658.9M418.6M
Accumulated Other Comprehensive Income(1.3M)(5.0M)1.4M12.9M6.6M6.9M
Short Term Debt715.6M327.3M518.5M655.7M964.5M492.2M
Common Stock3.4B3.7B3.7B3.7B3.7B2.5B
Other Current Liab(144.3M)(136.4M)(169.4M)1.1B516.2M526.2M
Other Liab146.6M139.3M187.9M159.0M182.8M107.8M
Net Tangible Assets3.1B3.5B3.3B3.8B4.4B2.7B
Other Assets217.9M255.1M302.8M646.7M743.7M780.9M
Long Term Debt6.5B6.2B5.7B5.9B5.7B6.3B
Long Term Investments606.1M642.0M651.0M1.3B1.1B625.1M
Short Long Term Debt718.4M327.3M518.5M655.7M964.5M590.9M
Property Plant Equipment14.4B14.4B14.9B14.4B16.6B13.7B
Current Deferred Revenue(1.1B)(646.7M)(906.9M)(1.1B)(516.2M)(542.0M)
Non Current Liabilities Other5.4B5.1B6.0B5.8B5.5B5.6B
Net Invested Capital9.6B10.0B9.5B10.4B11.1B10.5B
Net Working Capital(784.3M)(371.9M)(714.7M)(541.8M)(716.5M)(752.3M)
Short Term Investments182K135.0M3.3M(302.3M)144.4M151.7M
Deferred Long Term Liab1.4M1.4M8.6M8.3M9.6M4.8M
Capital Stock3.4B3.7B3.7B3.7B3.7B3.9B

Pair Trading with Choice Properties

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 Choice Properties 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 Choice Properties will appreciate offsetting losses from the drop in the long position's value.

Moving against Choice Stock

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The ability to find closely correlated positions to Choice Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Properties 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 Choice Properties - 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 Choice Properties Real to buy it.
The correlation of Choice Properties 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 Choice Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Properties Real 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 Choice Properties 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 Choice Stock

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