Canso Free Cash Flow vs Net Income Analysis
CSOC-A Stock | CAD 2.25 0.00 0.00% |
Canso Select financial indicator trend analysis is way more than just evaluating Canso Select Opportu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canso Select Opportu is a good investment. Please check the relationship between Canso Select Free Cash Flow and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canso Select Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Free Cash Flow vs Net Income
Free Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canso Select Opportu Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Canso Select's Free Cash Flow and Net Income is 0.48. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Canso Select Opportunities, assuming nothing else is changed. The correlation between historical values of Canso Select's Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Canso Select Opportunities are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Canso Select's Free Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Canso Select Opportu financial statement analysis. It represents the amount of money remaining after all of Canso Select Opportunities operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Canso Select's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canso Select Opportu 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 Canso Select Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of November 26, 2024, Selling General Administrative is expected to decline to about 291.6 K. The current year's Tax Provision is expected to grow to about (119.9 K)
Canso Select fundamental ratios Correlations
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Canso Select Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canso Select fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.2M | 12.1M | 14.5M | 13.8M | 15.9M | 14.8M | |
Total Current Liabilities | 36.5K | 35.1K | 42.5K | 178.6K | 205.4K | 215.6K | |
Total Stockholder Equity | 13.1M | 12.0M | 14.4M | 13.6M | 15.6M | 14.7M | |
Retained Earnings | (2.3M) | (3.4M) | (1.0M) | (1.8M) | (2.1M) | (2.2M) | |
Accounts Payable | 27.4K | 26.0K | 33.4K | 178.6K | 205.4K | 215.6K | |
Cash | 45.8K | 181.0K | 70.5K | 80.0K | 72.0K | 98.0K | |
Non Current Assets Total | 411.0K | 594.0K | 269.0K | 423.9K | 381.5K | 362.4K | |
Total Liab | 36.5K | 35.1K | 42.5K | 178.6K | 205.4K | 215.6K | |
Net Invested Capital | 13.1M | 12.0M | 14.4M | 13.6M | 15.6M | 14.7M | |
Total Current Assets | 12.7M | 11.5M | 14.2M | 13.4M | 15.4M | 14.3M | |
Net Working Capital | 12.7M | 11.4M | 14.1M | 13.2M | 15.2M | 11.4M |
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Balance Sheet is a snapshot of the financial position of Canso Select Opportu at a specified time, usually calculated after every quarter, six months, or one year. Canso Select Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canso Select 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 Canso currently owns. An asset can also be divided into two categories, current and non-current.