Chesswood Minority Interest vs Selling And Marketing Expenses Analysis

CHW Stock  CAD 0.90  0.00  0.00%   
Chesswood Group financial indicator trend analysis is way more than just evaluating Chesswood Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chesswood Group is a good investment. Please check the relationship between Chesswood Group Minority Interest and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesswood Group Limited. 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.

Minority Interest vs Selling And Marketing Expenses

Minority Interest vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chesswood Group Minority Interest account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Chesswood Group's Minority Interest and Selling And Marketing Expenses is 0.4. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Chesswood Group Limited, assuming nothing else is changed. The correlation between historical values of Chesswood Group's Minority Interest 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 Minority Interest of Chesswood Group Limited 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 Minority Interest i.e., Chesswood Group's Minority Interest and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Chesswood Group Limited whose combined shares represent less than 50% of the total outstanding shares issued by Chesswood Group have a minority interest in Chesswood Group.

Selling And Marketing Expenses

Most indicators from Chesswood Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chesswood Group 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 Chesswood Group Limited. 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, Chesswood Group's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Multiple is likely to grow to 45.86, while Selling General Administrative is likely to drop about 27.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense31.7M73.4M123.9M130.1M
Depreciation And Amortization96.7M230.7M4.5M4.3M

Chesswood Group fundamental ratios Correlations

0.94-0.970.970.750.91.00.510.70.090.60.570.090.870.560.720.770.97-0.570.221.00.750.411.00.660.62
0.94-0.90.920.810.880.930.690.430.060.320.270.060.650.640.760.870.85-0.290.260.930.840.590.920.730.62
-0.97-0.9-0.92-0.66-0.92-0.98-0.44-0.68-0.04-0.53-0.5-0.04-0.83-0.44-0.63-0.79-0.910.51-0.25-0.97-0.79-0.48-0.97-0.52-0.53
0.970.92-0.920.70.910.970.450.710.140.630.590.140.860.510.670.680.96-0.620.210.980.760.270.960.620.59
0.750.81-0.660.70.590.720.80.240.040.240.180.040.50.890.980.710.74-0.170.070.730.660.580.750.930.9
0.90.88-0.920.910.590.910.380.620.050.480.460.050.750.440.550.680.82-0.480.120.90.860.370.90.460.5
1.00.93-0.980.970.720.910.480.720.080.610.580.080.870.530.690.770.97-0.580.231.00.760.41.00.620.59
0.510.69-0.440.450.80.380.48-0.150.02-0.15-0.190.020.140.730.780.730.430.210.180.490.50.720.50.770.5
0.70.43-0.680.710.240.620.72-0.150.120.960.960.120.950.090.250.190.79-0.960.070.710.31-0.250.710.170.32
0.090.06-0.040.140.040.050.080.020.120.130.141.00.14-0.120.05-0.010.1-0.22-0.010.090.08-0.10.050.04-0.08
0.60.32-0.530.630.240.480.61-0.150.960.130.990.130.90.120.260.040.74-0.990.010.610.15-0.420.610.20.35
0.570.27-0.50.590.180.460.58-0.190.960.140.990.140.890.050.210.010.7-0.99-0.030.580.13-0.440.580.120.29
0.090.06-0.040.140.040.050.080.020.121.00.130.140.14-0.120.05-0.010.1-0.22-0.010.090.08-0.10.050.04-0.08
0.870.65-0.830.860.50.750.870.140.950.140.90.890.140.320.510.410.93-0.890.090.870.47-0.010.880.40.5
0.560.64-0.440.510.890.440.530.730.09-0.120.120.05-0.120.320.850.570.57-0.02-0.070.540.50.530.560.950.86
0.720.76-0.630.670.980.550.690.780.250.050.260.210.050.510.850.630.72-0.20.060.690.60.540.720.880.9
0.770.87-0.790.680.710.680.770.730.19-0.010.040.01-0.010.410.570.630.64-0.010.350.770.770.790.760.670.43
0.970.85-0.910.960.740.820.970.430.790.10.740.70.10.930.570.720.64-0.70.160.970.630.250.970.660.68
-0.57-0.290.51-0.62-0.17-0.48-0.580.21-0.96-0.22-0.99-0.99-0.22-0.89-0.02-0.2-0.01-0.7-0.01-0.58-0.170.46-0.58-0.11-0.27
0.220.26-0.250.210.070.120.230.180.07-0.010.01-0.03-0.010.09-0.070.060.350.16-0.010.230.230.130.20.11-0.12
1.00.93-0.970.980.730.91.00.490.710.090.610.580.090.870.540.690.770.97-0.580.230.750.41.00.630.6
0.750.84-0.790.760.660.860.760.50.310.080.150.130.080.470.50.60.770.63-0.170.230.750.540.740.570.51
0.410.59-0.480.270.580.370.40.72-0.25-0.1-0.42-0.44-0.1-0.010.530.540.790.250.460.130.40.540.410.510.36
1.00.92-0.970.960.750.91.00.50.710.050.610.580.050.880.560.720.760.97-0.580.21.00.740.410.640.64
0.660.73-0.520.620.930.460.620.770.170.040.20.120.040.40.950.880.670.66-0.110.110.630.570.510.640.82
0.620.62-0.530.590.90.50.590.50.32-0.080.350.29-0.080.50.860.90.430.68-0.27-0.120.60.510.360.640.82
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Chesswood Group Account Relationship Matchups

Chesswood Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets926.9M827.4M1.6B2.5B2.2B2.3B
Short Long Term Debt Total1.3B1.2B2.3B3.8B2.0B2.1B
Other Current Liab(577.4M)(537.2M)(982.6M)(1.6B)(1.4B)(1.4B)
Total Current Liabilities577.4M537.2M982.6M1.6B1.4B1.5B
Total Stockholder Equity143.6M129.0M173.3M211.7M174.2M119.0M
Property Plant And Equipment Net4.5M3.4M4.4M6.8M5.6M5.9M
Net Debt706.9M631.5M1.3B2.2B1.9B2.0B
Retained Earnings20.1M7.4M28.8M46.3M8.4M7.8M
Accounts Payable2.1M1.6M5.2M4.5M41.9M43.9M
Cash11.0M9.7M12.4M8.1M13.0M10.4M
Non Current Assets Total61.9M38.3M74.5M82.3M2.2B2.3B
Non Currrent Assets Other(61.9M)(38.3M)(74.5M)(82.3M)2.1B2.2B
Cash And Short Term Investments11.0M9.7M12.4M8.1M13.0M10.4M
Net Receivables438.8M337.3M612.1M902.3M2.0B2.1B
Good Will40.3M23.9M43.1M48.1M33.5M31.5M
Common Stock Shares Outstanding16.5M16.3M18.1M19.4M18.0M15.1M
Liabilities And Stockholders Equity926.9M827.4M1.6B2.5B2.2B2.3B
Non Current Liabilities Total166.6M126.9M982.6M1.6B614.6M308.8M
Other Current Assets23.3M37.1M73.0M95.4M(2.1B)(2.0B)
Other Stockholder Equity5.5M5.6M23.9M18.4M13.8M9.5M
Total Liab770.2M686.6M1.4B2.3B2.0B2.1B
Property Plant And Equipment Gross4.5M3.4M7.2M6.8M5.6M2.9M
Total Current Assets449.8M347.0M624.5M910.4M13.0M12.4M
Accumulated Other Comprehensive Income14.0M11.7M11.0M21.4M18.7M19.6M
Short Term Debt575.3M535.6M977.4M1.6B1.4B1.5B
Intangible Assets17.1M10.9M26.9M27.5M20.1M16.3M
Common Stock Total Equity105.2M103.6M104.0M104.2M119.9M91.8M
Common Stock104.0M104.2M109.7M125.7M133.5M101.1M
Other Liab31.3M24.7M29.6M28.2M25.4M25.6M
Net Tangible Assets86.1M94.2M103.2M136.1M156.5M92.0M
Other Assets415.3M442.2M905.9M1.5B1.8B1.9B
Long Term Debt714.7M639.0M1.3B2.2B2.6B2.7B
Short Long Term Debt575.3M535.6M977.4M1.6B1.4B1.5B
Property Plant Equipment4.5M3.4M4.4M6.8M7.8M8.2M
Long Term Debt Total717.9M641.1M1.3B2.2B2.6B2.7B
Net Invested Capital718.9M664.6M1.2B1.8B1.6B1.1B

Pair Trading with Chesswood Group

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 Chesswood Group 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 Chesswood Group will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Chesswood Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chesswood Group 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 Chesswood Group - 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 Chesswood Group Limited to buy it.
The correlation of Chesswood Group 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 Chesswood Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesswood Group 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 Chesswood Group 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 Chesswood Stock

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