CRT-UN Selling General Administrative vs Minority Interest Analysis

CRT-UN Stock  CAD 15.39  0.04  0.26%   
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 Selling General Administrative and its Minority Interest 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.

Selling General Administrative vs Minority Interest

Selling General Administrative vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CT Real Estate Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CT Real's Selling General Administrative and Minority Interest is 0.96. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest 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 Selling General Administrative and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of CT Real Estate are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Selling General Administrative i.e., CT Real's Selling General Administrative and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of CT Real Estate whose combined shares represent less than 50% of the total outstanding shares issued by CT Real have a minority interest in CT Real.
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

-0.080.630.750.980.980.961.0-0.050.990.75-0.721.0-0.760.37-0.74-0.72-0.750.160.980.30.04-0.971.0-0.79-0.73
-0.080.06-0.57-0.03-0.060.01-0.091.0-0.1-0.660.63-0.090.34-0.790.170.630.26-0.690.05-0.020.31-0.01-0.110.660.64
0.630.060.560.650.590.670.620.070.590.31-0.180.62-0.14-0.01-0.31-0.18-0.390.00.60.29-0.06-0.670.64-0.47-0.31
0.75-0.570.560.750.760.730.76-0.550.770.86-0.790.76-0.640.52-0.53-0.79-0.540.340.610.38-0.06-0.670.76-0.87-0.78
0.98-0.030.650.750.960.980.980.00.990.69-0.660.98-0.70.24-0.64-0.66-0.650.070.940.310.07-0.940.97-0.72-0.66
0.98-0.060.590.760.960.950.98-0.040.970.76-0.720.98-0.80.34-0.77-0.72-0.750.120.940.410.12-0.950.97-0.76-0.69
0.960.010.670.730.980.950.960.030.980.69-0.610.96-0.620.22-0.56-0.61-0.620.140.930.270.05-0.90.95-0.69-0.6
1.0-0.090.620.760.980.980.96-0.060.990.76-0.731.0-0.770.37-0.74-0.73-0.750.170.970.30.04-0.971.0-0.79-0.73
-0.051.00.07-0.550.0-0.040.03-0.06-0.07-0.640.6-0.060.31-0.780.140.60.24-0.690.07-0.010.31-0.03-0.080.640.62
0.99-0.10.590.770.990.970.980.99-0.070.77-0.730.99-0.760.35-0.68-0.73-0.720.170.950.270.0-0.940.98-0.78-0.73
0.75-0.660.310.860.690.760.690.76-0.640.77-0.920.76-0.80.8-0.62-0.92-0.720.640.660.25-0.16-0.650.77-0.95-0.89
-0.720.63-0.18-0.79-0.66-0.72-0.61-0.730.6-0.73-0.92-0.730.9-0.770.751.00.61-0.46-0.64-0.290.090.67-0.730.90.94
1.0-0.090.620.760.980.980.961.0-0.060.990.76-0.73-0.770.38-0.74-0.73-0.750.170.970.30.04-0.971.0-0.79-0.73
-0.760.34-0.14-0.64-0.7-0.8-0.62-0.770.31-0.76-0.80.9-0.77-0.630.850.90.75-0.22-0.72-0.410.00.74-0.760.770.84
0.37-0.79-0.010.520.240.340.220.37-0.780.350.8-0.770.38-0.63-0.56-0.77-0.650.820.33-0.09-0.41-0.330.41-0.8-0.83
-0.740.17-0.31-0.53-0.64-0.77-0.56-0.740.14-0.68-0.620.75-0.740.85-0.560.750.74-0.15-0.75-0.31-0.050.83-0.750.70.75
-0.720.63-0.18-0.79-0.66-0.72-0.61-0.730.6-0.73-0.921.0-0.730.9-0.770.750.61-0.46-0.64-0.290.090.67-0.730.90.94
-0.750.26-0.39-0.54-0.65-0.75-0.62-0.750.24-0.72-0.720.61-0.750.75-0.650.740.61-0.38-0.76-0.150.210.75-0.760.770.73
0.16-0.690.00.340.070.120.140.17-0.690.170.64-0.460.17-0.220.82-0.15-0.46-0.380.16-0.29-0.42-0.080.22-0.59-0.52
0.980.050.60.610.940.940.930.970.070.950.66-0.640.97-0.720.33-0.75-0.64-0.760.160.220.07-0.970.98-0.71-0.65
0.3-0.020.290.380.310.410.270.3-0.010.270.25-0.290.3-0.41-0.09-0.31-0.29-0.15-0.290.220.6-0.280.28-0.24-0.09
0.040.31-0.06-0.060.070.120.050.040.310.0-0.160.090.040.0-0.41-0.050.090.21-0.420.070.6-0.030.040.180.36
-0.97-0.01-0.67-0.67-0.94-0.95-0.9-0.97-0.03-0.94-0.650.67-0.970.74-0.330.830.670.75-0.08-0.97-0.28-0.03-0.970.740.71
1.0-0.110.640.760.970.970.951.0-0.080.980.77-0.731.0-0.760.41-0.75-0.73-0.760.220.980.280.04-0.97-0.81-0.74
-0.790.66-0.47-0.87-0.72-0.76-0.69-0.790.64-0.78-0.950.9-0.790.77-0.80.70.90.77-0.59-0.71-0.240.180.74-0.810.94
-0.730.64-0.31-0.78-0.66-0.69-0.6-0.730.62-0.73-0.890.94-0.730.84-0.830.750.940.73-0.52-0.65-0.090.360.71-0.740.94
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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)1.7M1.8M
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 Outstanding191.0M198.2M192.2M200.9M337.3M211.6M
Liabilities And Stockholders Equity6.0B6.2B6.5B6.8B7.0B6.1B
Non Current Liabilities Total2.3B2.5B2.5B2.7B2.8B2.5B
Other Current Assets3.2M24.2M3.0M3.6M4.6M5.8M
Other Stockholder Equity(3.7B)(3.4B)(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.

Moving against CRT-UN Stock

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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.