Canterbury Retained Earnings vs Net Invested Capital Analysis

CPHC Stock

USD 20.30 0.35 1.75%

Canterbury Park financial indicator trend analysis is way more than just evaluating Canterbury Park Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canterbury Park Holding is a good investment. Please check the relationship between Canterbury Park Retained Earnings and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canterbury Park Holding Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Canterbury Park's Retained Earnings and Net Invested Capital is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Canterbury Park Holding, assuming nothing else is changed. The correlation between historical values of Canterbury Park's Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Canterbury Park Holding are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Canterbury Park's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Canterbury Park's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canterbury Park Holding 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 Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At present, Canterbury Park's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.82, whereas Selling General Administrative is forecasted to decline to about 5.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	47.9M	52.9M	20.2M	32.2M
Total Revenue	60.4M	66.8M	61.4M	47.3M

Gross Profit Total Revenue

Canterbury Park fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Inventory	Short Long Term Debt Total	Short Term Debt	Other Assets	Common Stock Total Equity	Common Stock	Property Plant Equipment
Total Assets		0.62	0.67	1.0	0.63	-0.67	0.99	0.53	0.68	0.96	0.73	0.77	0.74	0.78	-0.13	0.99	0.98	0.87	0.42	0.38	-0.6	-0.72	0.36	0.87	0.9	0.69
Other Current Liab	0.62		0.94	0.6	0.82	-0.04	0.57	0.54	0.0	0.74	0.04	0.55	0.69	0.75	0.08	0.68	0.56	0.28	0.64	0.69	-0.77	-0.44	0.62	0.7	0.79	0.81
Total Current Liabilities	0.67	0.94		0.65	0.94	-0.14	0.61	0.75	0.11	0.77	0.15	0.5	0.82	0.74	0.17	0.73	0.6	0.35	0.57	0.79	-0.62	-0.47	0.56	0.81	0.87	0.92
Total Stockholder Equity	1.0	0.6	0.65		0.61	-0.7	1.0	0.53	0.7	0.95	0.75	0.77	0.73	0.77	-0.14	0.98	0.98	0.88	0.41	0.37	-0.59	-0.72	0.35	0.86	0.89	0.68
Property Plant And Equipment Net	0.63	0.82	0.94	0.61		-0.17	0.57	0.81	0.17	0.72	0.19	0.37	0.84	0.64	0.28	0.68	0.57	0.33	0.42	0.85	-0.45	-0.38	0.49	0.81	0.83	0.96
Net Debt	-0.67	-0.04	-0.14	-0.7	-0.17		-0.72	-0.34	-0.99	-0.45	-0.98	-0.5	-0.41	-0.27	-0.07	-0.59	-0.73	-0.93	0.23	0.06	0.1	0.25	0.12	-0.55	-0.45	-0.29
Retained Earnings	0.99	0.57	0.61	1.0	0.57	-0.72		0.49	0.72	0.94	0.77	0.78	0.69	0.75	-0.18	0.97	0.98	0.9	0.38	0.32	-0.6	-0.72	0.33	0.85	0.86	0.64
Accounts Payable	0.53	0.54	0.75	0.53	0.81	-0.34	0.49		0.31	0.55	0.33	0.23	0.81	0.43	0.38	0.55	0.44	0.39	0.17	0.7	-0.16	-0.32	0.2	0.76	0.72	0.78
Cash	0.68	0.0	0.11	0.7	0.17	-0.99	0.72	0.31		0.46	0.99	0.48	0.4	0.28	0.08	0.6	0.73	0.93	-0.25	-0.06	-0.07	-0.25	-0.14	0.52	0.44	0.29
Non Current Assets Total	0.96	0.74	0.77	0.95	0.72	-0.45	0.94	0.55	0.46		0.52	0.71	0.76	0.83	-0.17	0.97	0.91	0.69	0.57	0.53	-0.68	-0.77	0.47	0.86	0.93	0.74
Cash And Short Term Investments	0.73	0.04	0.15	0.75	0.19	-0.98	0.77	0.33	0.99	0.52		0.52	0.4	0.32	0.01	0.65	0.77	0.95	-0.19	-0.05	-0.15	-0.32	-0.1	0.55	0.48	0.31
Net Receivables	0.77	0.55	0.5	0.77	0.37	-0.5	0.78	0.23	0.48	0.71	0.52		0.56	0.63	-0.27	0.77	0.83	0.74	0.62	0.08	-0.61	-0.55	0.44	0.67	0.74	0.49
Common Stock Shares Outstanding	0.74	0.69	0.82	0.73	0.84	-0.41	0.69	0.81	0.4	0.76	0.4	0.56		0.62	0.31	0.75	0.68	0.56	0.47	0.69	-0.24	-0.48	0.39	0.85	0.92	0.85
Other Current Assets	0.78	0.75	0.74	0.77	0.64	-0.27	0.75	0.43	0.28	0.83	0.32	0.63	0.62		0.03	0.81	0.7	0.53	0.5	0.36	-0.75	-0.63	0.31	0.71	0.77	0.73
Other Stockholder Equity	-0.13	0.08	0.17	-0.14	0.28	-0.07	-0.18	0.38	0.08	-0.17	0.01	-0.27	0.31	0.03		-0.11	-0.18	-0.04	-0.41	0.31	0.32	0.44	-0.28	-0.05	0.01	0.36
Total Liab	0.99	0.68	0.73	0.98	0.68	-0.59	0.97	0.55	0.6	0.97	0.65	0.77	0.75	0.81	-0.11		0.95	0.81	0.46	0.43	-0.66	-0.69	0.37	0.87	0.91	0.75
Property Plant And Equipment Gross	0.98	0.56	0.6	0.98	0.57	-0.73	0.98	0.44	0.73	0.91	0.77	0.83	0.68	0.7	-0.18	0.95		0.9	0.41	0.32	-0.58	-0.68	0.41	0.83	0.85	0.64
Total Current Assets	0.87	0.28	0.35	0.88	0.33	-0.93	0.9	0.39	0.93	0.69	0.95	0.74	0.56	0.53	-0.04	0.81	0.9		0.08	0.05	-0.35	-0.48	0.07	0.7	0.67	0.46
Non Currrent Assets Other	0.42	0.64	0.57	0.41	0.42	0.23	0.38	0.17	-0.25	0.57	-0.19	0.62	0.47	0.5	-0.41	0.46	0.41	0.08		0.4	-0.5	-0.67	0.76	0.45	0.61	0.37
Inventory	0.38	0.69	0.79	0.37	0.85	0.06	0.32	0.7	-0.06	0.53	-0.05	0.08	0.69	0.36	0.31	0.43	0.32	0.05	0.4		-0.24	-0.31	0.65	0.51	0.61	0.72
Short Long Term Debt Total	-0.6	-0.77	-0.62	-0.59	-0.45	0.1	-0.6	-0.16	-0.07	-0.68	-0.15	-0.61	-0.24	-0.75	0.32	-0.66	-0.58	-0.35	-0.5	-0.24		0.46	-0.45	-0.5	-0.53	-0.48
Short Term Debt	-0.72	-0.44	-0.47	-0.72	-0.38	0.25	-0.72	-0.32	-0.25	-0.77	-0.32	-0.55	-0.48	-0.63	0.44	-0.69	-0.68	-0.48	-0.67	-0.31	0.46		-0.51	-0.64	-0.68	-0.36
Other Assets	0.36	0.62	0.56	0.35	0.49	0.12	0.33	0.2	-0.14	0.47	-0.1	0.44	0.39	0.31	-0.28	0.37	0.41	0.07	0.76	0.65	-0.45	-0.51		0.36	0.49	0.36
Common Stock Total Equity	0.87	0.7	0.81	0.86	0.81	-0.55	0.85	0.76	0.52	0.86	0.55	0.67	0.85	0.71	-0.05	0.87	0.83	0.7	0.45	0.51	-0.5	-0.64	0.36		0.95	0.83
Common Stock	0.9	0.79	0.87	0.89	0.83	-0.45	0.86	0.72	0.44	0.93	0.48	0.74	0.92	0.77	0.01	0.91	0.85	0.67	0.61	0.61	-0.53	-0.68	0.49	0.95		0.85
Property Plant Equipment	0.69	0.81	0.92	0.68	0.96	-0.29	0.64	0.78	0.29	0.74	0.31	0.49	0.85	0.73	0.36	0.75	0.64	0.46	0.37	0.72	-0.48	-0.36	0.36	0.83	0.85

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Canterbury Park Account Relationship Matchups

Canterbury Park fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	65.4M	68.8M	83.1M	92.3M	105.0M	110.2M
Other Current Liab	6.4M	5.9M	6.0M	5.8M	5.4M	4.4M
Total Current Liabilities	11.5M	10.1M	9.8M	10.4M	11.1M	7.2M
Total Stockholder Equity	49.4M	51.3M	64.4M	71.2M	81.8M	85.9M
Property Plant And Equipment Net	43.9M	33.6M	34.4M	36.5M	44.3M	26.0M
Net Debt	(184.3K)	233.7K	(11.8M)	(13.0M)	(21.9M)	(20.8M)
Retained Earnings	26.6M	27.6M	39.4M	45.2M	54.4M	57.1M
Accounts Payable	3.5M	3.0M	2.3M	3.4M	4.6M	2.4M
Cash	355.4K	(116.8K)	11.9M	13.0M	21.9M	23.0M
Non Current Assets Total	61.5M	59.4M	58.7M	61.6M	68.7M	72.1M
Cash And Short Term Investments	459.3K	(116.8K)	11.9M	18.0M	26.9M	28.3M
Net Receivables	302.0K	4.3M	8.0M	8.8M	4.6M	4.8M
Common Stock Shares Outstanding	4.6M	4.7M	4.8M	4.9M	4.9M	4.4M
Liabilities And Stockholders Equity	65.4M	68.8M	83.1M	92.3M	105.0M	110.2M
Other Current Assets	2.8M	5.0M	4.3M	3.7M	4.6M	4.8M
Other Stockholder Equity	22.7M	23.6M	24.9M	25.9M	27.4M	29.9M
Total Liab	16.0M	17.5M	18.7M	21.1M	23.2M	24.3M
Property Plant And Equipment Gross	43.9M	38.4M	70.7M	71.3M	76.5M	80.3M
Total Current Assets	4.0M	9.5M	24.4M	30.7M	36.3M	38.1M
Non Currrent Assets Other	14.6M	18.3M	17.9M	18.2M	314.1K	298.4K
Inventory	390.1K	218.8K	248.4K	262.1K	249.4K	207.6K
Short Long Term Debt Total	171.1K	116.8K	68.8K	19.0K	62.4K	59.3K
Short Term Debt	54.3K	48.0K	49.8K	19.0K	27.0K	25.6K
Other Assets	23.7M	59.35	17.9M	18.2M	163.2K	155.0K
Common Stock Total Equity	45.3K	46.4K	47.5K	48.9K	56.2K	45.4K
Common Stock	46.4K	47.5K	48.1K	48.9K	49.6K	46.1K
Property Plant Equipment	34.7M	33.6M	34.4M	36.5M	42.0M	28.8M
Short Term Investments	103.9K	7.52	0.0	5M	5.8M	6.0M
Non Current Liabilities Total	4.5M	7.4M	8.9M	10.7M	11.8M	12.4M
Other Liab	4.4M	7.3M	8.9M	10.7M	12.3M	12.9M
Net Tangible Assets	49.4M	51.3M	64.4M	71.2M	81.9M	49.8M
Deferred Long Term Liab	4.0M	4.4M	7.3M	7.5M	8.6M	4.5M
Current Deferred Revenue	1.5M	435.9K	733.3K	413.4K	274.9K	261.2K
Capital Surpluse	21.4M	22.7M	23.6M	25.9M	29.8M	23.6M
Retained Earnings Total Equity	25.3M	26.6M	27.6M	45.2M	52.0M	29.9M
Capital Lease Obligations	171.1K	116.8K	68.8K	19.0K	62.4K	64.0K
Long Term Investments	3.0M	7.5M	6.4M	22.7M	6.6M	7.4M

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When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:

How To Invest In Canterbury

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Is Canterbury Stock a good investment?

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What is Canterbury Park's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.94)

Earnings Share

0.98

Revenue Per Share

12.525

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0318

The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Canterbury Retained Earnings vs Net Invested Capital Analysis

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Invested Capital

Canterbury Park fundamental ratios Correlations

Canterbury Park Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canterbury Park fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Property Plant And Equipment Gross	+ 0.98	Total Assets

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Total Current Assets	- 0.93	Net Debt
Short Term Debt	- 0.77	Non Current Assets Total
Short Long Term Debt Total	- 0.77	Other Current Liab
Short Long Term Debt Total	- 0.75	Other Current Assets