Empire Change To Netincome vs Stock Based Compensation Analysis

EMP-A Stock

CAD 42.74 0.15 0.35%

Empire Company financial indicator trend analysis is much more than just examining Empire Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empire Limited is a good investment. Please check the relationship between Empire Company Change To Netincome and its Stock Based Compensation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire Company Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Netincome vs Stock Based Compensation

Change To Netincome vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire Limited Change To Netincome account and Stock Based Compensation. At this time, the significance of the direction appears to have no relationship.

The correlation between Empire Company's Change To Netincome and Stock Based Compensation is 0.03. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Empire Company Limited, assuming nothing else is changed. The correlation between historical values of Empire Company's Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Empire Company Limited are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., Empire Company's Change To Netincome and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Change To Netincome

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Empire Company's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empire Limited 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire Company Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Enterprise Value is likely to gain to about 14.2 B in 2025, whereas Discontinued Operations is likely to drop slightly above 67.5 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	284M	303.6M	349.1M	366.6M
Depreciation And Amortization	1.0B	1.1B	1.2B	1.3B

Interest Expense Depreciation And Amortization

Empire Company 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	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	Short Term Investments	Current Deferred Revenue	Good Will
Total Assets		0.95	0.01	0.79	0.64	0.96	0.94	0.51	0.77	0.26	1.0	0.87	0.29	0.8	0.47	0.97	0.94	0.12	-0.35	0.98	0.76	0.74	0.94	-0.58	-0.79	0.41
Short Long Term Debt Total	0.95		-0.19	0.75	0.44	0.99	1.0	0.33	0.68	0.28	0.95	0.93	0.3	0.75	0.4	1.0	0.83	0.01	-0.44	0.99	0.67	0.85	0.83	-0.35	-0.9	0.24
Other Current Liab	0.01	-0.19		0.12	0.29	-0.17	-0.18	-0.04	0.22	-0.15	-0.03	-0.27	-0.16	0.04	0.59	-0.14	0.25	0.72	0.04	-0.08	0.24	-0.25	0.25	-0.4	0.32	0.13
Total Current Liabilities	0.79	0.75	0.12		0.73	0.75	0.72	0.47	0.97	0.46	0.77	0.59	0.45	0.9	0.61	0.76	0.78	0.14	-0.53	0.8	0.96	0.72	0.77	-0.65	-0.78	0.25
Total Stockholder Equity	0.64	0.44	0.29	0.73		0.47	0.43	0.86	0.82	0.16	0.63	0.29	0.15	0.78	0.44	0.49	0.64	0.29	-0.19	0.52	0.79	0.2	0.66	-0.73	-0.34	0.75
Property Plant And Equipment Net	0.96	0.99	-0.17	0.75	0.47		0.99	0.4	0.69	0.23	0.97	0.95	0.26	0.78	0.37	0.99	0.86	-0.02	-0.37	0.99	0.67	0.82	0.86	-0.42	-0.87	0.22
Net Debt	0.94	1.0	-0.18	0.72	0.43	0.99		0.33	0.65	0.19	0.95	0.94	0.22	0.74	0.39	0.99	0.83	0.03	-0.39	0.98	0.64	0.83	0.83	-0.32	-0.88	0.25
Retained Earnings	0.51	0.33	-0.04	0.47	0.86	0.4	0.33		0.57	0.04	0.52	0.29	0.04	0.68	-0.03	0.37	0.44	0.04	0.01	0.38	0.52	0.08	0.46	-0.6	-0.24	0.72
Accounts Payable	0.77	0.68	0.22	0.97	0.82	0.69	0.65	0.57		0.42	0.75	0.51	0.41	0.91	0.62	0.7	0.8	0.19	-0.49	0.75	0.98	0.54	0.78	-0.76	-0.65	0.33
Cash	0.26	0.28	-0.15	0.46	0.16	0.23	0.19	0.04	0.42		0.23	0.06	1.0	0.2	0.19	0.26	0.2	-0.23	-0.58	0.3	0.52	0.44	0.14	-0.43	-0.45	-0.02
Non Current Assets Total	1.0	0.95	-0.03	0.77	0.63	0.97	0.95	0.52	0.75	0.23		0.88	0.25	0.79	0.45	0.97	0.93	0.1	-0.34	0.98	0.73	0.74	0.93	-0.54	-0.8	0.42
Non Currrent Assets Other	0.87	0.93	-0.27	0.59	0.29	0.95	0.94	0.29	0.51	0.06	0.88		0.09	0.68	0.27	0.92	0.77	-0.1	-0.17	0.91	0.48	0.77	0.76	-0.21	-0.78	0.11
Cash And Short Term Investments	0.29	0.3	-0.16	0.45	0.15	0.26	0.22	0.04	0.41	1.0	0.25	0.09		0.19	0.18	0.28	0.23	-0.23	-0.57	0.33	0.51	0.45	0.16	-0.44	-0.46	-0.02
Net Receivables	0.8	0.75	0.04	0.9	0.78	0.78	0.74	0.68	0.91	0.2	0.79	0.68	0.19		0.4	0.77	0.76	0.11	-0.34	0.78	0.87	0.57	0.75	-0.61	-0.68	0.31
Common Stock Shares Outstanding	0.47	0.4	0.59	0.61	0.44	0.37	0.39	-0.03	0.62	0.19	0.45	0.27	0.18	0.4		0.42	0.59	0.38	-0.33	0.47	0.61	0.34	0.6	-0.36	-0.32	0.16
Non Current Liabilities Total	0.97	1.0	-0.14	0.76	0.49	0.99	0.99	0.37	0.7	0.26	0.97	0.92	0.28	0.77	0.42		0.87	0.04	-0.42	0.99	0.7	0.81	0.87	-0.41	-0.87	0.28
Inventory	0.94	0.83	0.25	0.78	0.64	0.86	0.83	0.44	0.8	0.2	0.93	0.77	0.23	0.76	0.59	0.87		0.25	-0.29	0.9	0.78	0.61	0.98	-0.7	-0.64	0.32
Other Current Assets	0.12	0.01	0.72	0.14	0.29	-0.02	0.03	0.04	0.19	-0.23	0.1	-0.1	-0.23	0.11	0.38	0.04	0.25		0.17	0.06	0.27	-0.07	0.27	-0.28	0.16	0.25
Other Stockholder Equity	-0.35	-0.44	0.04	-0.53	-0.19	-0.37	-0.39	0.01	-0.49	-0.58	-0.34	-0.17	-0.57	-0.34	-0.33	-0.42	-0.29	0.17		-0.42	-0.5	-0.42	-0.31	0.21	0.59	0.01
Total Liab	0.98	0.99	-0.08	0.8	0.52	0.99	0.98	0.38	0.75	0.3	0.98	0.91	0.33	0.78	0.47	0.99	0.9	0.06	-0.42		0.74	0.82	0.9	-0.48	-0.87	0.27
Total Current Assets	0.76	0.67	0.24	0.96	0.79	0.67	0.64	0.52	0.98	0.52	0.73	0.48	0.51	0.87	0.61	0.7	0.78	0.27	-0.5	0.74		0.57	0.76	-0.76	-0.65	0.32
Short Term Debt	0.74	0.85	-0.25	0.72	0.2	0.82	0.83	0.08	0.54	0.44	0.74	0.77	0.45	0.57	0.34	0.81	0.61	-0.07	-0.42	0.82	0.57		0.62	-0.22	-0.93	-0.02
Intangible Assets	0.94	0.83	0.25	0.77	0.66	0.86	0.83	0.46	0.78	0.14	0.93	0.76	0.16	0.75	0.6	0.87	0.98	0.27	-0.31	0.9	0.76	0.62		-0.65	-0.66	0.37
Short Term Investments	-0.58	-0.35	-0.4	-0.65	-0.73	-0.42	-0.32	-0.6	-0.76	-0.43	-0.54	-0.21	-0.44	-0.61	-0.36	-0.41	-0.7	-0.28	0.21	-0.48	-0.76	-0.22	-0.65		0.29	-0.31
Current Deferred Revenue	-0.79	-0.9	0.32	-0.78	-0.34	-0.87	-0.88	-0.24	-0.65	-0.45	-0.8	-0.78	-0.46	-0.68	-0.32	-0.87	-0.64	0.16	0.59	-0.87	-0.65	-0.93	-0.66	0.29		-0.09
Good Will	0.41	0.24	0.13	0.25	0.75	0.22	0.25	0.72	0.33	-0.02	0.42	0.11	-0.02	0.31	0.16	0.28	0.32	0.25	0.01	0.27	0.32	-0.02	0.37	-0.31	-0.09

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Empire Company Account Relationship Matchups

Empire Company fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.2B	16.6B	16.5B	16.8B	19.3B	20.3B
Short Long Term Debt Total	7.1B	7.5B	7.3B	7.4B	8.5B	8.9B
Other Current Liab	55M	32.7M	102.9M	54M	62.1M	65.3M
Total Current Liabilities	3.5B	4.2B	3.9B	3.9B	4.5B	2.4B
Total Stockholder Equity	4.4B	5.0B	5.2B	5.3B	6.1B	3.1B
Property Plant And Equipment Net	7.7B	8.2B	8.2B	8.5B	9.8B	10.2B
Net Debt	6.2B	6.6B	7.0B	7.1B	8.2B	8.6B
Retained Earnings	2.4B	2.9B	3.2B	3.5B	4.0B	2.1B
Accounts Payable	2.9B	3.0B	3.0B	3.0B	3.5B	1.9B
Cash	890.5M	812.3M	221.3M	259.6M	298.5M	373.3M
Non Current Assets Total	12.0B	13.4B	13.5B	13.7B	15.7B	16.5B
Non Currrent Assets Other	717.5M	714.3M	780.1M	1.1B	1.3B	1.3B
Cash And Short Term Investments	890.5M	812.3M	221.3M	259.6M	298.5M	447.9M
Net Receivables	638M	632.6M	768.6M	793M	912.0M	461.5M
Common Stock Shares Outstanding	269.3M	266.2M	259.4M	248.4M	285.7M	252.1M
Liabilities And Stockholders Equity	15.2B	16.6B	16.5B	16.8B	19.3B	20.3B
Non Current Liabilities Total	7.2B	7.2B	7.3B	7.4B	8.5B	9.0B
Inventory	1.5B	1.6B	1.7B	1.8B	2.0B	2.1B
Other Current Assets	164.9M	176.3M	221.8M	209.6M	241.0M	205.4M
Other Stockholder Equity	(4.3B)	(4.9B)	(5.1B)	56.2M	50.6M	53.1M
Total Liab	10.7B	11.5B	11.1B	11.3B	13.0B	13.7B
Total Current Assets	3.2B	3.2B	3.0B	3.1B	3.6B	2.1B
Accumulated Other Comprehensive Income	14.6M	14M	19.6M	21.1M	24.3M	25.5M
Short Term Debt	537M	1.1B	664.7M	698.9M	803.7M	843.9M
Intangible Assets	976M	1.3B	1.4B	1.3B	1.6B	1.6B
Current Deferred Revenue	(1.0B)	(537M)	(1.1B)	(737.7M)	(663.9M)	(630.7M)
Good Will	1.6B	2.1B	2.1B	2.1B	2.4B	1.8B
Common Stock	2.0B	2.0B	1.9B	1.8B	2.0B	1.8B
Net Tangible Assets	1.4B	1.4B	1.8B	1.6B	1.8B	1.6B
Other Assets	820.3M	1.3B	1.2B	1.1B	1.3B	858.9M
Long Term Debt	1.2B	595.7M	911.3M	981.9M	883.7M	1.2B
Long Term Investments	577.7M	684.8M	701.9M	688.1M	791.3M	688.8M
Short Long Term Debt	46.5M	581M	174M	113.5M	102.2M	97.0M
Property Plant Equipment	2.9B	6.9B	7.7B	8.2B	9.4B	5.1B
Non Current Liabilities Other	93M	356.8M	279.2M	5.1M	5.9M	5.6M
Net Invested Capital	5.6B	6.2B	6.3B	6.4B	7.4B	6.5B
Net Working Capital	(294.7M)	(1.0B)	(902.5M)	(787.7M)	(708.9M)	(744.4M)

Pair Trading with Empire Company

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 Empire Company 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 Empire Company will appreciate offsetting losses from the drop in the long position's value.

Moving against Empire Stock

0.59	XIM	Ximen Mining Corp	Pair Corr
0.57	BHC	Bausch Health Companies	Pair Corr
0.4	FUND	Katipult Technology Corp	Pair Corr
0.34	QBR-A	Quebecor	Pair Corr

The ability to find closely correlated positions to Empire Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Company 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 Empire Company - 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 Empire Company Limited to buy it.

The correlation of Empire Company 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 Empire Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Limited 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 Empire Company 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

Additional Tools for Empire Stock Analysis

When running Empire Company's price analysis, check to measure Empire Company's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Empire Company is operating at the current time. Most of Empire Company's value examination focuses on studying past and present price action to predict the probability of Empire Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Company's price. Additionally, you may evaluate how the addition of Empire Company to your portfolios can decrease your overall portfolio volatility.

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