Crombie Total Current Liabilities vs Common Stock Shares Outstanding Analysis

CRR-UN Stock

CAD 13.85 0.03 0.22%

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 Total Current Liabilities and its Common Stock Shares Outstanding 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.

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crombie Real Estate Total Current Liabilities account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Crombie Real's Total Current Liabilities and Common Stock Shares Outstanding is 0.78. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Shares Outstanding 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 Total Current Liabilities and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Crombie Real Estate are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Liabilities i.e., Crombie Real's Total Current Liabilities and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Crombie Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Crombie Real Estate are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 increase 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.

	2022	2023	2024	2025 (projected)
Total Revenue	419.6M	444.4M	511.0M	345.3M
Depreciation And Amortization	243.3M	78.8M	90.7M	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		0.97	0.34	0.78	0.96	-0.28	0.97	-0.26	-0.11	1.0	0.1	-0.14	0.96	0.94	0.25	0.03	-0.26	0.97	0.15	0.77	-0.02	0.24	-0.44	0.87	-0.67	0.71
Short Long Term Debt Total	0.97		0.27	0.72	0.86	-0.16	1.0	-0.09	-0.01	0.97	0.12	-0.23	0.88	0.98	0.18	0.07	-0.37	1.0	0.2	0.7	0.07	0.1	-0.4	0.75	-0.59	0.53
Other Current Liab	0.34	0.27		0.67	0.36	-0.72	0.26	-0.67	0.03	0.33	0.11	0.76	0.37	0.14	-0.05	-0.67	-0.14	0.26	0.19	0.57	0.3	0.12	-0.73	0.51	-0.69	0.51
Total Current Liabilities	0.78	0.72	0.67		0.79	-0.7	0.72	-0.59	0.01	0.78	0.2	0.24	0.78	0.59	0.1	-0.4	-0.09	0.71	0.11	0.98	-0.03	0.23	-0.47	0.79	-0.9	0.71
Total Stockholder Equity	0.96	0.86	0.36	0.79		-0.39	0.86	-0.4	-0.2	0.96	0.07	-0.08	0.99	0.81	0.31	0.0	-0.1	0.86	0.06	0.78	-0.19	0.38	-0.45	0.94	-0.71	0.85
Property Plant And Equipment Net	-0.28	-0.16	-0.72	-0.7	-0.39		-0.16	0.71	0.22	-0.29	-0.08	-0.44	-0.4	-0.01	-0.21	0.76	-0.12	-0.15	0.14	-0.65	0.13	-0.45	0.52	-0.55	0.89	-0.65
Net Debt	0.97	1.0	0.26	0.72	0.86	-0.16		-0.09	-0.03	0.97	0.1	-0.24	0.88	0.99	0.18	0.07	-0.37	1.0	0.18	0.7	0.08	0.1	-0.4	0.75	-0.59	0.53
Retained Earnings	-0.26	-0.09	-0.67	-0.59	-0.4	0.71	-0.09		0.21	-0.25	-0.13	-0.67	-0.36	0.03	-0.41	0.34	-0.54	-0.09	-0.18	-0.6	0.21	-0.53	0.49	-0.6	0.59	-0.69
Cash	-0.11	-0.01	0.03	0.01	-0.2	0.22	-0.03	0.21		-0.13	0.79	0.17	-0.18	-0.01	-0.59	-0.03	-0.18	-0.01	0.5	0.04	0.1	-0.49	0.03	-0.32	0.18	-0.38
Non Current Assets Total	1.0	0.97	0.33	0.78	0.96	-0.29	0.97	-0.25	-0.13		0.08	-0.16	0.96	0.93	0.25	0.03	-0.27	0.97	0.11	0.77	-0.03	0.23	-0.43	0.88	-0.68	0.71
Cash And Short Term Investments	0.1	0.12	0.11	0.2	0.07	-0.08	0.1	-0.13	0.79	0.08		0.29	0.08	0.09	-0.04	-0.05	0.07	0.12	0.6	0.25	-0.1	-0.04	-0.14	0.05	-0.1	0.04
Net Receivables	-0.14	-0.23	0.76	0.24	-0.08	-0.44	-0.24	-0.67	0.17	-0.16	0.29		-0.1	-0.32	0.04	-0.46	0.21	-0.23	0.39	0.19	0.29	0.12	-0.47	0.14	-0.23	0.24
Common Stock Shares Outstanding	0.96	0.88	0.37	0.78	0.99	-0.4	0.88	-0.36	-0.18	0.96	0.08	-0.1		0.83	0.31	-0.03	-0.12	0.88	0.11	0.79	-0.22	0.37	-0.53	0.92	-0.72	0.82
Non Current Liabilities Total	0.94	0.98	0.14	0.59	0.81	-0.01	0.99	0.03	-0.01	0.93	0.09	-0.32	0.83		0.19	0.19	-0.4	0.99	0.21	0.58	0.09	0.06	-0.34	0.67	-0.46	0.44
Inventory	0.25	0.18	-0.05	0.1	0.31	-0.21	0.18	-0.41	-0.59	0.25	-0.04	0.04	0.31	0.19		0.12	0.44	0.18	0.15	0.15	-0.3	0.7	-0.23	0.44	-0.21	0.48
Other Current Assets	0.03	0.07	-0.67	-0.4	0.0	0.76	0.07	0.34	-0.03	0.03	-0.05	-0.46	-0.03	0.19	0.12		0.23	0.08	0.14	-0.31	-0.15	-0.07	0.5	-0.14	0.6	-0.24
Other Stockholder Equity	-0.26	-0.37	-0.14	-0.09	-0.1	-0.12	-0.37	-0.54	-0.18	-0.27	0.07	0.21	-0.12	-0.4	0.44	0.23		-0.37	0.25	0.04	-0.63	0.57	0.13	0.0	0.1	0.13
Total Liab	0.97	1.0	0.26	0.71	0.86	-0.15	1.0	-0.09	-0.01	0.97	0.12	-0.23	0.88	0.99	0.18	0.08	-0.37		0.2	0.7	0.07	0.1	-0.39	0.74	-0.58	0.53
Total Current Assets	0.15	0.2	0.19	0.11	0.06	0.14	0.18	-0.18	0.5	0.11	0.6	0.39	0.11	0.21	0.15	0.14	0.25	0.2		0.18	0.01	0.19	-0.38	0.05	0.06	-0.06
Short Term Debt	0.77	0.7	0.57	0.98	0.78	-0.65	0.7	-0.6	0.04	0.77	0.25	0.19	0.79	0.58	0.15	-0.31	0.04	0.7	0.18		-0.16	0.3	-0.42	0.77	-0.85	0.69
Intangible Assets	-0.02	0.07	0.3	-0.03	-0.19	0.13	0.08	0.21	0.1	-0.03	-0.1	0.29	-0.22	0.09	-0.3	-0.15	-0.63	0.07	0.01	-0.16		-0.38	-0.04	-0.11	0.06	-0.26
Non Currrent Assets Other	0.24	0.1	0.12	0.23	0.38	-0.45	0.1	-0.53	-0.49	0.23	-0.04	0.12	0.37	0.06	0.7	-0.07	0.57	0.1	0.19	0.3	-0.38		-0.25	0.52	-0.39	0.59
Accounts Payable	-0.44	-0.4	-0.73	-0.47	-0.45	0.52	-0.4	0.49	0.03	-0.43	-0.14	-0.47	-0.53	-0.34	-0.23	0.5	0.13	-0.39	-0.38	-0.42	-0.04	-0.25		-0.54	0.58	-0.54
Common Stock	0.87	0.75	0.51	0.79	0.94	-0.55	0.75	-0.6	-0.32	0.88	0.05	0.14	0.92	0.67	0.44	-0.14	0.0	0.74	0.05	0.77	-0.11	0.52	-0.54		-0.77	0.95
Other Liab	-0.67	-0.59	-0.69	-0.9	-0.71	0.89	-0.59	0.59	0.18	-0.68	-0.1	-0.23	-0.72	-0.46	-0.21	0.6	0.1	-0.58	0.06	-0.85	0.06	-0.39	0.58	-0.77		-0.76
Net Tangible Assets	0.71	0.53	0.51	0.71	0.85	-0.65	0.53	-0.69	-0.38	0.71	0.04	0.24	0.82	0.44	0.48	-0.24	0.13	0.53	-0.06	0.69	-0.26	0.59	-0.54	0.95	-0.76

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Crombie Real Account Relationship Matchups

Crombie Real fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.1B	4.0B	4.1B	4.1B	4.8B	3.2B
Short Long Term Debt Total	2.5B	2.3B	2.1B	2.2B	2.5B	1.9B
Other Current Liab	97.4M	105.8M	88.2M	60.7M	69.8M	53.1M
Total Current Liabilities	435.1M	466.0M	366.2M	329.7M	379.2M	267.5M
Total Stockholder Equity	1.5B	1.6B	1.9B	1.8B	2.1B	1.1B
Property Plant And Equipment Net	11.4M	11.0M	10.4M	9.6M	8.7M	8.2M
Net Debt	2.4B	2.2B	2.1B	2.2B	2.5B	1.9B
Retained Earnings	(376.3M)	(368.4M)	(356.1M)	(415.4M)	(373.9M)	(355.2M)
Cash	63.3M	3.9M	6.1M	(36.3M)	(32.7M)	(31.0M)
Non Current Assets Total	3.9B	4.0B	4.0B	4.1B	4.7B	3.2B
Cash And Short Term Investments	63.3M	3.9M	6.1M	2.2M	2.6M	2.4M
Net Receivables	34.6M	25.0M	19.9M	17.8M	20.5M	15.9M
Common Stock Shares Outstanding	157.4M	162.1M	176.3M	179.7M	206.6M	117.3M
Liabilities And Stockholders Equity	4.1B	4.0B	4.1B	4.1B	4.8B	3.2B
Non Current Liabilities Total	2.2B	2.0B	1.9B	2.0B	2.3B	1.8B
Inventory	49.2M	23.8M	(32.2M)	212.6M	244.5M	256.7M
Other Current Assets	15.6M	16.5M	15.3M	29.1M	26.2M	17.7M
Other Stockholder Equity	376.3M	(368.4M)	345.5M	830.9M	747.8M	785.2M
Total Liab	2.6B	2.4B	2.2B	2.3B	2.7B	2.1B
Total Current Assets	162.7M	69.9M	53.6M	49.2M	56.5M	57.7M
Accumulated Other Comprehensive Income	(5.6M)	(558K)	10.6M	6.4M	7.4M	7.0M
Short Term Debt	318.2M	325.4M	247.9M	221.4M	254.6M	170.5M
Intangible Assets	42.1M	39.5M	40.9M	38.2M	34.4M	46.9M
Non Currrent Assets Other	191.0M	233.9M	4.0B	4.0B	4.6B	4.9B
Accounts Payable	19.5M	34.2M	30.0M	33.5M	30.2M	33.5M
Common Stock	1.5B	1.6B	1.9B	1.8B	2.1B	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	2.1B	1.9B	1.8B	1.9B	1.7B	1.6B
Short Long Term Debt	312.2M	324.5M	247.0M	220.4M	198.4M	305.4M
Property Plant Equipment	3.5B	3.6B	3.5B	3.6B	4.1B	3.8B
Long Term Investments	51.0M	44.2M	40.4M	30.8M	35.4M	31.3M
Current Deferred Revenue	16.2M	17.2M	15.6M	14.1M	16.3M	12.9M
Net Invested Capital	3.9B	3.8B	3.9B	4.0B	4.6B	4.3B
Net Working Capital	(272.4M)	(396.1M)	(312.5M)	(280.6M)	(322.7M)	(338.8M)
Capital Stock	1.5B	1.6B	1.9B	1.8B	2.1B	1.8B
Capital Lease Obligations	29.9M	35.4M	35M	36.3M	41.7M	36.5M
Property Plant And Equipment Gross	11.4M	11.0M	10.4M	9.6M	8.7M	8.4M

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

0.81

RCI-A

Rogers Communications

Pair Corr

Moving against Crombie Stock

0.72	BMO	Bank of Montreal	Pair Corr
0.71	BUI	Buhler Industries	Pair Corr
0.69	ENB	Enbridge	Pair Corr
0.58	ARA	Aclara Resources	Pair Corr
0.58	CBLU	Clear Blue Technologies	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 Total Current Liabilities vs Common Stock Shares Outstanding Analysis

Total Current Liabilities vs Common Stock Shares Outstanding

Total Current Liabilities vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Common Stock Shares Outstanding

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 together with Crombie Stock

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
Common Stock Shares Outstanding	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Net Debt

Other Liab	- 0.9	Total Current Liabilities
Other Liab	- 0.85	Short Term Debt
Other Liab	- 0.77	Common Stock
Net Tangible Assets	- 0.76	Other Liab
Accounts Payable	- 0.73	Other Current Liab
Other Liab	- 0.72	Common Stock Shares Outstanding