Crombie Days Sales Outstanding vs Free Cash Flow Yield Analysis
CRR-UN Stock | CAD 14.21 0.10 0.70% |
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 Days Sales Outstanding and its Free Cash Flow Yield 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.
Days Sales Outstanding vs Free Cash Flow Yield
Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crombie Real Estate Days Sales Outstanding account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Crombie Real's Days Sales Outstanding and Free Cash Flow Yield is 0.01. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield 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 Days Sales Outstanding and Free Cash Flow Yield 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 Crombie Real Estate are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Days Sales Outstanding i.e., Crombie Real's Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Days Sales Outstanding
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.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 20.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 408.9M | 419.6M | 444.4M | 345.3M | Depreciation And Amortization | 230.1M | 243.3M | 258.1M | 157.3M |
Crombie Real fundamental ratios Correlations
Click cells to compare fundamentals
Crombie Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 86.4M | 89.2M | 72.7M | 60.7M | 57.8M | |
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 | (36.3M) | (34.5M) | |
Net Receivables | 15.0M | 50.2M | 42.2M | 32.2M | 35.8M | 20.9M | |
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 | 93K | 89K | 21K | 47.5M | (163.0M) | (154.8M) | |
Other Stockholder Equity | 608.7M | 758.2M | 558K | (10.6M) | 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 | |
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 | 4.1B | 4.3B | |
Accounts Payable | 29.9M | 19.5M | 34.2M | 30.0M | 33.5M | 35.9M | |
Short Term Debt | 258.2M | 312.9M | 325.4M | 247.9M | 221.4M | 203.0M | |
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 together with Crombie Stock
Moving against Crombie Stock
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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.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.