Crombie Capex To Depreciation vs Price To Sales Ratio Analysis

CRR-UN Stock

CAD 14.33 0.05 0.35%

Crombie Real financial indicator trend analysis is way more than just evaluating Crombie Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crombie Real Estate is a good investment. Please check the relationship between Crombie Real Capex To Depreciation and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crombie Real Estate. 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.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crombie Real Estate Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Crombie Real's Capex To Depreciation and Price To Sales Ratio is -0.24. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Crombie Real Estate, assuming nothing else is changed. The correlation between historical values of Crombie Real's Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Crombie Real Estate are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Crombie Real's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Crombie Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Crombie Real sales, a figure that is much harder to manipulate than other Crombie Real Estate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Crombie Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crombie Real Estate 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 Crombie Real Estate. 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, Crombie Real's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.1 B, whereas Selling General Administrative is forecasted to decline to about 20.8 M.

	2021	2022	2023	2024 (projected)
Total Revenue	408.9M	419.6M	444.4M	345.3M
Depreciation And Amortization	230.1M	243.3M	78.8M	146.3M

Total Revenue Depreciation And Amortization

Crombie Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Accounts Payable	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.98	0.33	0.77	0.96	-0.23	0.98	-0.18	0.02	1.0	0.12	-0.19	0.96	0.94	0.11	0.02	-0.35	0.98	0.17	0.76	0.08	0.13	-0.42	0.86	-0.65	0.63
Short Long Term Debt Total	0.98		0.25	0.7	0.87	-0.12	1.0	-0.03	0.08	0.97	0.14	-0.26	0.89	0.98	0.08	0.06	-0.44	1.0	0.21	0.69	0.15	0.01	-0.38	0.75	-0.56	0.46
Other Current Liab	0.33	0.25		0.67	0.37	-0.72	0.25	-0.68	0.06	0.33	0.11	0.76	0.37	0.13	-0.12	-0.67	-0.16	0.25	0.2	0.56	0.35	0.1	-0.73	0.54	-0.69	0.51
Total Current Liabilities	0.77	0.7	0.67		0.79	-0.69	0.7	-0.56	0.09	0.77	0.21	0.22	0.78	0.57	-0.02	-0.42	-0.14	0.7	0.11	0.98	0.04	0.17	-0.45	0.81	-0.89	0.67
Total Stockholder Equity	0.96	0.87	0.37	0.79		-0.34	0.87	-0.33	-0.06	0.96	0.09	-0.13	0.98	0.81	0.11	-0.03	-0.21	0.87	0.08	0.79	-0.07	0.26	-0.43	0.93	-0.7	0.79
Property Plant And Equipment Net	-0.23	-0.12	-0.72	-0.69	-0.34		-0.12	0.69	0.17	-0.24	-0.09	-0.44	-0.36	0.03	-0.11	0.78	-0.08	-0.11	0.14	-0.64	0.08	-0.41	0.51	-0.53	0.89	-0.63
Net Debt	0.98	1.0	0.25	0.7	0.87	-0.12		-0.03	0.05	0.97	0.11	-0.27	0.89	0.98	0.08	0.06	-0.44	1.0	0.19	0.68	0.15	0.02	-0.38	0.75	-0.56	0.46
Retained Earnings	-0.18	-0.03	-0.68	-0.56	-0.33	0.69	-0.03		0.15	-0.17	-0.14	-0.67	-0.28	0.1	-0.32	0.36	-0.52	-0.03	-0.19	-0.58	0.14	-0.47	0.47	-0.56	0.57	-0.66
Cash	0.02	0.08	0.06	0.09	-0.06	0.17	0.05	0.15		-0.01	0.82	0.21	-0.04	0.06	-0.53	-0.01	-0.13	0.07	0.52	0.12	0.0	-0.41	-0.02	-0.18	0.12	-0.3
Non Current Assets Total	1.0	0.97	0.33	0.77	0.96	-0.24	0.97	-0.17	-0.01		0.09	-0.21	0.96	0.94	0.1	0.01	-0.37	0.97	0.12	0.75	0.08	0.12	-0.41	0.86	-0.65	0.63
Cash And Short Term Investments	0.12	0.14	0.11	0.21	0.09	-0.09	0.11	-0.14	0.82	0.09		0.3	0.1	0.1	-0.03	-0.05	0.08	0.13	0.59	0.26	-0.11	-0.03	-0.14	0.07	-0.11	0.05
Net Receivables	-0.19	-0.26	0.76	0.22	-0.13	-0.44	-0.27	-0.67	0.21	-0.21	0.3		-0.15	-0.35	-0.02	-0.47	0.19	-0.26	0.4	0.17	0.34	0.1	-0.46	0.11	-0.21	0.2
Common Stock Shares Outstanding	0.96	0.89	0.37	0.78	0.98	-0.36	0.89	-0.28	-0.04	0.96	0.1	-0.15		0.84	0.14	-0.05	-0.23	0.89	0.14	0.78	-0.11	0.25	-0.52	0.9	-0.71	0.75
Non Current Liabilities Total	0.94	0.98	0.13	0.57	0.81	0.03	0.98	0.1	0.06	0.94	0.1	-0.35	0.84		0.1	0.18	-0.46	0.99	0.22	0.56	0.16	-0.03	-0.32	0.67	-0.43	0.37
Inventory	0.11	0.08	-0.12	-0.02	0.11	-0.11	0.08	-0.32	-0.53	0.1	-0.03	-0.02	0.14	0.1		0.14	0.41	0.09	0.21	0.05	-0.2	0.59	-0.18	0.25	-0.11	0.36
Other Current Assets	0.02	0.06	-0.67	-0.42	-0.03	0.78	0.06	0.36	-0.01	0.01	-0.05	-0.47	-0.05	0.18	0.14		0.22	0.07	0.14	-0.32	-0.14	-0.1	0.51	-0.19	0.62	-0.26
Other Stockholder Equity	-0.35	-0.44	-0.16	-0.14	-0.21	-0.08	-0.44	-0.52	-0.13	-0.37	0.08	0.19	-0.23	-0.46	0.41	0.22		-0.43	0.26	0.0	-0.61	0.56	0.16	-0.12	0.14	0.07
Total Liab	0.98	1.0	0.25	0.7	0.87	-0.11	1.0	-0.03	0.07	0.97	0.13	-0.26	0.89	0.99	0.09	0.07	-0.43		0.21	0.68	0.15	0.01	-0.37	0.75	-0.55	0.45
Total Current Assets	0.17	0.21	0.2	0.11	0.08	0.14	0.19	-0.19	0.52	0.12	0.59	0.4	0.14	0.22	0.21	0.14	0.26	0.21		0.19	0.0	0.22	-0.39	0.07	0.06	-0.06
Short Term Debt	0.76	0.69	0.56	0.98	0.79	-0.64	0.68	-0.58	0.12	0.75	0.26	0.17	0.78	0.56	0.05	-0.32	0.0	0.68	0.19		-0.1	0.24	-0.4	0.78	-0.84	0.65
Intangible Assets	0.08	0.15	0.35	0.04	-0.07	0.08	0.15	0.14	0.0	0.08	-0.11	0.34	-0.11	0.16	-0.2	-0.14	-0.61	0.15	0.0	-0.1		-0.32	-0.09	0.04	-0.01	-0.15
Non Currrent Assets Other	0.13	0.01	0.1	0.17	0.26	-0.41	0.02	-0.47	-0.41	0.12	-0.03	0.1	0.25	-0.03	0.59	-0.1	0.56	0.01	0.22	0.24	-0.32		-0.21	0.41	-0.35	0.51
Accounts Payable	-0.42	-0.38	-0.73	-0.45	-0.43	0.51	-0.38	0.47	-0.02	-0.41	-0.14	-0.46	-0.52	-0.32	-0.18	0.51	0.16	-0.37	-0.39	-0.4	-0.09	-0.21		-0.55	0.57	-0.51
Common Stock	0.86	0.75	0.54	0.81	0.93	-0.53	0.75	-0.56	-0.18	0.86	0.07	0.11	0.9	0.67	0.25	-0.19	-0.12	0.75	0.07	0.78	0.04	0.41	-0.55		-0.78	0.9
Other Liab	-0.65	-0.56	-0.69	-0.89	-0.7	0.89	-0.56	0.57	0.12	-0.65	-0.11	-0.21	-0.71	-0.43	-0.11	0.62	0.14	-0.55	0.06	-0.84	-0.01	-0.35	0.57	-0.78		-0.75
Net Tangible Assets	0.63	0.46	0.51	0.67	0.79	-0.63	0.46	-0.66	-0.3	0.63	0.05	0.2	0.75	0.37	0.36	-0.26	0.07	0.45	-0.06	0.65	-0.15	0.51	-0.51	0.9	-0.75

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Crombie Real Account Relationship Matchups

Crombie Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.1B	4.0B	4.1B	4.1B	3.2B
Short Long Term Debt Total	2.3B	2.5B	2.3B	2.1B	2.2B	1.9B
Other Current Liab	95.1M	97.4M	105.8M	88.2M	60.7M	53.1M
Total Current Liabilities	393.0M	435.1M	466.0M	366.2M	329.7M	267.5M
Total Stockholder Equity	1.5B	1.5B	1.6B	1.9B	1.8B	1.1B
Property Plant And Equipment Net	10M	11.4M	11.0M	10.4M	9.6M	9.1M
Net Debt	2.3B	2.4B	2.2B	2.1B	2.2B	1.9B
Retained Earnings	(304.4M)	(376.3M)	(368.4M)	(356.1M)	(415.4M)	(394.7M)
Cash	(29.4M)	63.3M	3.9M	6.1M	(36.3M)	(34.5M)
Non Current Assets Total	3.9B	3.9B	4.0B	4.0B	4.1B	3.2B
Cash And Short Term Investments	(29.4M)	63.3M	3.9M	6.1M	2.2M	2.1M
Net Receivables	15.0M	34.6M	25.0M	19.9M	17.8M	15.9M
Common Stock Shares Outstanding	151.7M	157.4M	162.1M	176.3M	179.7M	117.3M
Liabilities And Stockholders Equity	3.9B	4.1B	4.0B	4.1B	4.1B	3.2B
Non Current Liabilities Total	2.1B	2.2B	2.0B	1.9B	2.0B	1.8B
Inventory	45.9M	49.2M	23.8M	(32.2M)	212.6M	223.2M
Other Current Assets	15.6M	15.6M	16.5M	15.3M	29.1M	17.7M
Other Stockholder Equity	304.4M	376.3M	(368.4M)	345.5M	830.9M	872.4M
Total Liab	2.5B	2.6B	2.4B	2.2B	2.3B	2.1B
Total Current Assets	31.6M	162.7M	69.9M	53.6M	49.2M	57.7M
Accumulated Other Comprehensive Income	131K	(5.6M)	(558K)	10.6M	6.4M	6.1M
Short Term Debt	258.2M	318.2M	325.4M	247.9M	221.4M	170.5M
Intangible Assets	45.7M	42.1M	39.5M	40.9M	38.2M	46.9M
Non Currrent Assets Other	158.7M	191.0M	233.9M	4.0B	4.0B	4.2B
Accounts Payable	29.9M	19.5M	34.2M	30.0M	33.5M	33.5M
Common Stock	1.5B	1.5B	1.6B	1.9B	1.8B	1.5B
Other Liab	22.7M	24.4M	32.0M	28.6M	25.8M	40.5M
Net Tangible Assets	1.4B	1.4B	1.6B	1.8B	2.1B	1.5B
Other Assets	276.9M	296.4M	351.8M	383.8M	441.4M	248.2M
Long Term Debt	2.0B	2.1B	1.9B	1.8B	1.9B	1.6B
Short Long Term Debt	257.5M	312.2M	324.5M	247.0M	220.4M	305.4M
Property Plant Equipment	3.5B	3.6B	3.5B	3.6B	4.1B	3.8B
Long Term Investments	45.1M	51.0M	44.2M	40.4M	30.8M	31.3M
Current Deferred Revenue	9.7M	16.2M	17.2M	15.6M	14.1M	12.9M
Short Term Investments	1.3M	5.7M	(635K)	4.9M	4.4M	3.3M
Net Invested Capital	3.7B	3.9B	3.8B	3.9B	4.0B	4.3B
Net Working Capital	(361.4M)	(272.4M)	(396.1M)	(312.5M)	(280.6M)	(294.6M)
Capital Stock	1.5B	1.5B	1.6B	1.9B	1.8B	1.8B

Pair Trading with Crombie Real

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 Crombie Real 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 Crombie Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Crombie Stock

0.52	TSLA	Tesla Inc CDR	Pair Corr
0.5	BRK	Berkshire Hathaway CDR	Pair Corr
0.49	GOOG	Alphabet CDR	Pair Corr
0.48	NVDA	NVIDIA CDR	Pair Corr
0.4	WMT	Walmart Inc CDR	Pair Corr

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

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

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

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Crombie Capex To Depreciation vs Price To Sales Ratio Analysis

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Price To Sales Ratio

Crombie Real fundamental ratios Correlations

Crombie Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Crombie Real fundamental ratios Accounts

Pair Trading with Crombie Real

Moving against Crombie Stock

Other Information on Investing in Crombie Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.98	Total Assets

Other Liab	- 0.89	Total Current Liabilities
Other Liab	- 0.84	Short Term Debt
Other Liab	- 0.78	Common Stock
Net Tangible Assets	- 0.75	Other Liab
Accounts Payable	- 0.73	Other Current Liab
Property Plant And Equipment Net	- 0.72	Other Current Liab