CRT-UN Net Receivables vs Non Current Liabilities Total Analysis

CRT-UN Stock  CAD 14.96  0.09  0.60%   
CT Real financial indicator trend analysis is way more than just evaluating CT Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CT Real Estate is a good investment. Please check the relationship between CT Real Net Receivables and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CT 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.

Net Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CT Real Estate Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have pay attention.
The correlation between CT Real's Net Receivables and Non Current Liabilities Total is -0.76. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of CT Real Estate, assuming nothing else is changed. The correlation between historical values of CT Real's Net Receivables and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of CT Real Estate are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., CT Real's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Net Receivables

Non Current Liabilities Total

Most indicators from CT Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CT 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 CT 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, CT Real's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.33, whereas Selling General Administrative is forecasted to decline to about 12.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit407.2M421.7M437.2M371.8M
Total Revenue514.5M532.8M552.8M476.3M

CT Real fundamental ratios Correlations

-0.080.440.750.980.980.961.0-0.050.990.75-0.721.0-0.950.37-0.74-0.72-0.75-0.030.980.3-0.53-0.971.0-0.79-0.73
-0.08-0.41-0.57-0.03-0.060.01-0.091.0-0.1-0.660.63-0.090.27-0.790.170.630.26-0.820.05-0.020.060.01-0.110.660.64
0.44-0.410.70.460.390.490.44-0.410.430.47-0.290.44-0.440.25-0.12-0.29-0.330.080.340.19-0.77-0.380.46-0.6-0.42
0.75-0.570.70.750.760.730.76-0.550.770.86-0.790.76-0.780.52-0.53-0.79-0.540.210.610.38-0.47-0.660.76-0.87-0.78
0.98-0.030.460.750.960.980.980.00.990.69-0.660.98-0.90.24-0.64-0.66-0.65-0.150.940.31-0.53-0.930.97-0.72-0.66
0.98-0.060.390.760.960.950.98-0.040.970.76-0.720.98-0.940.34-0.77-0.72-0.75-0.060.940.41-0.45-0.950.97-0.76-0.69
0.960.010.490.730.980.950.960.030.980.69-0.610.96-0.860.22-0.56-0.61-0.62-0.150.930.27-0.59-0.890.95-0.69-0.6
1.0-0.090.440.760.980.980.96-0.060.990.76-0.731.0-0.960.37-0.74-0.73-0.75-0.020.970.3-0.53-0.971.0-0.79-0.73
-0.051.0-0.41-0.550.0-0.040.03-0.06-0.07-0.640.6-0.060.24-0.780.140.60.24-0.820.07-0.010.06-0.02-0.080.640.62
0.99-0.10.430.770.990.970.980.99-0.070.77-0.730.99-0.930.35-0.68-0.73-0.72-0.030.950.27-0.5-0.930.98-0.78-0.73
0.75-0.660.470.860.690.760.690.76-0.640.77-0.920.76-0.830.8-0.62-0.92-0.720.550.660.25-0.32-0.660.77-0.95-0.89
-0.720.63-0.29-0.79-0.66-0.72-0.61-0.730.6-0.73-0.92-0.730.83-0.770.751.00.61-0.5-0.64-0.290.150.68-0.730.90.94
1.0-0.090.440.760.980.980.961.0-0.060.990.76-0.73-0.960.38-0.74-0.73-0.75-0.020.970.3-0.53-0.971.0-0.79-0.73
-0.950.27-0.44-0.78-0.9-0.94-0.86-0.960.24-0.93-0.830.83-0.96-0.580.870.830.82-0.19-0.93-0.30.50.96-0.970.890.85
0.37-0.790.250.520.240.340.220.37-0.780.350.8-0.770.38-0.58-0.56-0.77-0.650.890.33-0.09-0.14-0.360.41-0.8-0.83
-0.740.17-0.12-0.53-0.64-0.77-0.56-0.740.14-0.68-0.620.75-0.740.87-0.560.750.74-0.18-0.75-0.310.230.85-0.750.70.75
-0.720.63-0.29-0.79-0.66-0.72-0.61-0.730.6-0.73-0.921.0-0.730.83-0.770.750.61-0.5-0.64-0.290.150.68-0.730.90.94
-0.750.26-0.33-0.54-0.65-0.75-0.62-0.750.24-0.72-0.720.61-0.750.82-0.650.740.61-0.33-0.76-0.150.340.76-0.760.770.73
-0.03-0.820.080.21-0.15-0.06-0.15-0.02-0.82-0.030.55-0.5-0.02-0.190.89-0.18-0.5-0.33-0.04-0.250.030.050.02-0.51-0.55
0.980.050.340.610.940.940.930.970.070.950.66-0.640.97-0.930.33-0.75-0.64-0.76-0.040.22-0.55-0.970.98-0.71-0.65
0.3-0.020.190.380.310.410.270.3-0.010.270.25-0.290.3-0.3-0.09-0.31-0.29-0.15-0.250.220.12-0.290.28-0.24-0.09
-0.530.06-0.77-0.47-0.53-0.45-0.59-0.530.06-0.5-0.320.15-0.530.5-0.140.230.150.340.03-0.550.120.54-0.570.480.3
-0.970.01-0.38-0.66-0.93-0.95-0.89-0.97-0.02-0.93-0.660.68-0.970.96-0.360.850.680.760.05-0.97-0.290.54-0.970.750.71
1.0-0.110.460.760.970.970.951.0-0.080.980.77-0.731.0-0.970.41-0.75-0.73-0.760.020.980.28-0.57-0.97-0.81-0.74
-0.790.66-0.6-0.87-0.72-0.76-0.69-0.790.64-0.78-0.950.9-0.790.89-0.80.70.90.77-0.51-0.71-0.240.480.75-0.810.94
-0.730.64-0.42-0.78-0.66-0.69-0.6-0.730.62-0.73-0.890.94-0.730.85-0.830.750.940.73-0.55-0.65-0.090.30.71-0.740.94
Click cells to compare fundamentals

CT Real Account Relationship Matchups

CT Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.2B6.5B6.8B7.0B6.1B
Short Long Term Debt Total1.2B1.3B1.3B1.4B1.5B1.2B
Other Current Liab302.4M75.8M62.8M122.0M331.5M348.1M
Total Current Liabilities343.0M290.5M303.4M278.7M332.9M267.9M
Total Stockholder Equity1.5B1.5B1.6B1.7B1.7B1.4B
Other Liab5.0M5.3M5.5M5.2M5.9M3.6M
Net Tangible Assets1.5B1.5B1.6B1.7B2.0B1.4B
Property Plant And Equipment Net6.0B6.1B6.5B6.8B6.9B6.0B
Net Debt1.2B1.3B1.3B1.4B1.5B1.2B
Retained Earnings407.4M408.1M529.1M585.8M583.3M362.3M
Cash9.7M4.5M3.6M2.6M20.8M21.8M
Non Current Assets Total6.0B6.1B6.5B6.8B6.9B6.0B
Non Currrent Assets Other(6.0B)(6.2B)(6.5B)(6.8B)(7.0B)(6.6B)
Other Assets1.7M1.5M1.7M1.9M1.7M1.7M
Long Term Debt1.1B987.1M986.8M1.2B1.4B1.0B
Cash And Short Term Investments9.7M4.5M3.6M2.6M20.8M21.8M
Net Receivables2.9M4.9M2.9M3.7M3.5M3.3M
Common Stock Shares Outstanding191.0M198.2M192.2M200.9M210.1M202.4M
Liabilities And Stockholders Equity6.0B6.2B6.5B6.8B7.0B6.1B
Non Current Liabilities Total2.3B2.5B2.5B2.7B2.8B2.5B
Other Current Assets3.2M3.6M3.0M3.6M(24.2M)(23.0M)
Other Stockholder Equity(3.7B)(3.8B)(4.2B)(4.4B)(4.4B)(4.7B)
Total Liab2.7B2.8B2.8B3.0B3.1B2.8B
Short Long Term Debt39.7M213.7M239.5M156.1M508K482.6K
Total Current Assets15.9M33.7M9.4M9.9M28.9M17.6M
Accumulated Other Comprehensive Income3.3B3.4B3.7B3.8B3.8B2.7B
Short Term Debt40.6M214.8M240.5M156.7M1.4M1.4M
Common Stock1.1B1.1B1.1B1.1B1.1B1.1B
Property Plant Equipment6.0B6.1B6.5B6.8B7.9B5.9B
Non Current Liabilities Other1.2B1.5B1.5B1.5B1.3B1.1B
Net Invested Capital2.6B2.7B2.8B3.0B3.1B3.0B
Net Working Capital(327.2M)(256.9M)(293.9M)(268.7M)(304.1M)(319.3M)
Capital Stock1.1B1.1B1.1B1.1B1.1B1.2B

Pair Trading with CT 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 CT 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 CT Real will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CT 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 CT 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 CT 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 CT Real Estate to buy it.
The correlation of CT 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 CT Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CT 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 CT 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 CorrelationCorrelation Matching

Other Information on Investing in CRT-UN Stock

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