European Capex To Depreciation vs Free Cash Flow Yield Analysis

ERE-UN Stock

CAD 3.63 0.02 0.55%

European Residential financial indicator trend analysis is much more than just examining European Residential Real latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether European Residential Real is a good investment. Please check the relationship between European Residential Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Residential Real. 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.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of European Residential Real Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between European Residential's Capex To Depreciation and Free Cash Flow Yield is 0.31. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of European Residential Real, assuming nothing else is changed. The correlation between historical values of European Residential's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of European Residential Real are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., European Residential's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from European Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into European Residential Real 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 European Residential Real. 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.

As of November 27, 2024, Selling General Administrative is expected to decline to about 6.3 M. The current year's Tax Provision is expected to grow to about (50.9 M)

	2021	2022	2023	2024 (projected)
Gross Profit	59.5M	69.0M	75.1M	46.8M
Total Revenue	76.9M	89.3M	95.7M	60.5M

Gross Profit Total Revenue

European Residential fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Long Term Debt	Net Receivables	Inventory	Net Invested Capital
Total Assets		0.68	0.89	0.99	0.99	0.86	0.88	1.0	0.9	0.23	0.88	0.97	0.33	1.0	0.81	0.99	0.99	0.84	0.94	1.0	0.55	0.55	0.99	0.54	-0.18	0.99
Other Current Liab	0.68		0.79	0.77	0.71	0.87	0.49	0.69	0.72	0.03	0.49	0.65	-0.01	0.65	0.41	0.62	0.72	0.73	0.79	0.7	-0.05	0.63	0.7	0.2	0.1	0.74
Total Current Liabilities	0.89	0.79		0.91	0.91	0.87	0.71	0.89	0.84	0.16	0.71	0.87	0.18	0.88	0.65	0.85	0.93	0.87	0.92	0.92	0.22	0.67	0.92	0.38	0.0	0.93
Total Stockholder Equity	0.99	0.77	0.91		0.99	0.93	0.83	0.99	0.94	0.16	0.83	0.97	0.2	0.98	0.73	0.95	0.99	0.88	0.96	0.99	0.41	0.61	0.98	0.43	-0.05	0.99
Net Debt	0.99	0.71	0.91	0.99		0.88	0.84	0.99	0.92	0.2	0.84	0.97	0.29	0.99	0.77	0.98	1.0	0.87	0.97	0.99	0.48	0.56	1.0	0.5	-0.14	1.0
Retained Earnings	0.86	0.87	0.87	0.93	0.88		0.6	0.86	0.95	-0.07	0.6	0.85	-0.11	0.83	0.45	0.78	0.88	0.92	0.92	0.88	0.1	0.68	0.87	0.13	0.24	0.9
Cash	0.88	0.49	0.71	0.83	0.84	0.6		0.88	0.62	0.5	1.0	0.86	0.58	0.9	0.96	0.93	0.83	0.52	0.7	0.86	0.76	0.43	0.85	0.78	-0.49	0.83
Non Current Assets Total	1.0	0.69	0.89	0.99	0.99	0.86	0.88		0.91	0.23	0.88	0.97	0.33	1.0	0.81	0.99	0.99	0.84	0.94	1.0	0.54	0.55	0.99	0.54	-0.18	0.99
Non Currrent Assets Other	0.9	0.72	0.84	0.94	0.92	0.95	0.62	0.91		-0.13	0.62	0.9	-0.05	0.89	0.49	0.84	0.92	0.92	0.93	0.92	0.23	0.52	0.91	0.16	0.22	0.93
Other Assets	0.23	0.03	0.16	0.16	0.2	-0.07	0.5	0.23	-0.13		0.5	0.28	0.6	0.25	0.6	0.32	0.18	-0.06	0.11	0.2	0.53	0.43	0.2	0.69	-0.65	0.16
Cash And Short Term Investments	0.88	0.49	0.71	0.83	0.84	0.6	1.0	0.88	0.62	0.5		0.86	0.58	0.9	0.96	0.93	0.83	0.52	0.7	0.86	0.76	0.43	0.85	0.78	-0.49	0.83
Common Stock Shares Outstanding	0.97	0.65	0.87	0.97	0.97	0.85	0.86	0.97	0.9	0.28	0.86		0.23	0.97	0.75	0.97	0.97	0.82	0.94	0.97	0.47	0.6	0.97	0.46	-0.08	0.97
Other Current Assets	0.33	-0.01	0.18	0.2	0.29	-0.11	0.58	0.33	-0.05	0.6	0.58	0.23		0.37	0.79	0.43	0.3	-0.1	0.13	0.29	0.81	-0.14	0.32	0.95	-0.97	0.26
Total Liab	1.0	0.65	0.88	0.98	0.99	0.83	0.9	1.0	0.89	0.25	0.9	0.97	0.37		0.83	0.99	0.99	0.82	0.92	0.99	0.59	0.52	0.99	0.58	-0.22	0.99
Total Current Assets	0.81	0.41	0.65	0.73	0.77	0.45	0.96	0.81	0.49	0.6	0.96	0.75	0.79	0.83		0.87	0.77	0.42	0.62	0.78	0.84	0.32	0.78	0.92	-0.7	0.75
Common Stock	0.99	0.62	0.85	0.95	0.98	0.78	0.93	0.99	0.84	0.32	0.93	0.97	0.43	0.99	0.87		0.97	0.76	0.9	0.97	0.62	0.49	0.98	0.63	-0.28	0.97
Short Long Term Debt Total	0.99	0.72	0.93	0.99	1.0	0.88	0.83	0.99	0.92	0.18	0.83	0.97	0.3	0.99	0.77	0.97		0.87	0.97	0.99	0.47	0.55	1.0	0.5	-0.13	1.0
Other Liab	0.84	0.73	0.87	0.88	0.87	0.92	0.52	0.84	0.92	-0.06	0.52	0.82	-0.1	0.82	0.42	0.76	0.87		0.93	0.86	0.12	0.68	0.86	0.12	0.24	0.88
Net Tangible Assets	0.94	0.79	0.92	0.96	0.97	0.92	0.7	0.94	0.93	0.11	0.7	0.94	0.13	0.92	0.62	0.9	0.97	0.93		0.94	0.27	0.61	0.96	0.34	0.03	0.97
Property Plant And Equipment Net	1.0	0.7	0.92	0.99	0.99	0.88	0.86	1.0	0.92	0.2	0.86	0.97	0.29	0.99	0.78	0.97	0.99	0.86	0.94		0.5	0.58	0.99	0.51	-0.13	1.0
Current Deferred Revenue	0.55	-0.05	0.22	0.41	0.48	0.1	0.76	0.54	0.23	0.53	0.76	0.47	0.81	0.59	0.84	0.62	0.47	0.12	0.27	0.5		-0.01	0.49	0.87	-0.8	0.44
Accounts Payable	0.55	0.63	0.67	0.61	0.56	0.68	0.43	0.55	0.52	0.43	0.43	0.6	-0.14	0.52	0.32	0.49	0.55	0.68	0.61	0.58	-0.01		0.53	0.12	0.17	0.57
Long Term Debt	0.99	0.7	0.92	0.98	1.0	0.87	0.85	0.99	0.91	0.2	0.85	0.97	0.32	0.99	0.78	0.98	1.0	0.86	0.96	0.99	0.49	0.53		0.52	-0.15	1.0
Net Receivables	0.54	0.2	0.38	0.43	0.5	0.13	0.78	0.54	0.16	0.69	0.78	0.46	0.95	0.58	0.92	0.63	0.5	0.12	0.34	0.51	0.87	0.12	0.52		-0.92	0.47
Inventory	-0.18	0.1	0.0	-0.05	-0.14	0.24	-0.49	-0.18	0.22	-0.65	-0.49	-0.08	-0.97	-0.22	-0.7	-0.28	-0.13	0.24	0.03	-0.13	-0.8	0.17	-0.15	-0.92		-0.1
Net Invested Capital	0.99	0.74	0.93	0.99	1.0	0.9	0.83	0.99	0.93	0.16	0.83	0.97	0.26	0.99	0.75	0.97	1.0	0.88	0.97	1.0	0.44	0.57	1.0	0.47	-0.1

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European Residential Account Relationship Matchups

European Residential fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.5B	1.9B	1.9B	1.7B	1.2B
Other Current Liab	3.4M	3.6M	5.4M	45.1M	20.7M	11.1M
Total Current Liabilities	43.7M	32.2M	79.3M	111.5M	104.7M	109.9M
Total Stockholder Equity	243.8M	353.7M	441.8M	550.1M	427.2M	288.7M
Net Debt	614.1M	699.5M	875.0M	954.0M	985.6M	579.3M
Retained Earnings	(5.8M)	103.5M	190.0M	295.7M	170.6M	102.7M
Cash	14.0M	10.7M	10.3M	10.9M	6.9M	9.0M
Non Current Assets Total	1.4B	1.5B	1.9B	1.9B	1.7B	1.2B
Non Currrent Assets Other	16.9M	1.5B	1.9B	1.9B	1.7B	872.4M
Cash And Short Term Investments	14.0M	10.7M	10.3M	10.9M	6.9M	9.0M
Common Stock Shares Outstanding	141.2M	230.7M	231.2M	231.9M	233.0M	160.5M
Liabilities And Stockholders Equity	1.4B	1.5B	1.9B	1.9B	1.7B	1.2B
Non Current Liabilities Total	1.1B	1.1B	1.4B	1.3B	1.2B	845.4M
Other Current Assets	13.4M	2.2M	470K	1.1M	2.2M	2.8M
Total Liab	1.1B	1.1B	1.4B	1.4B	1.3B	897.8M
Total Current Assets	28.3M	14.0M	14.0M	15.4M	11.9M	13.6M
Common Stock	249.7M	250.2M	251.8M	254.4M	256.6M	185.6M
Short Long Term Debt Total	628.0M	710.2M	885.3M	964.9M	992.5M	672.4M
Other Liab	18.5M	32.9M	87.5M	77.5M	89.1M	46.1M
Net Tangible Assets	233.3M	343.2M	431.2M	550.1M	632.7M	318.5M
Property Plant And Equipment Net	1.3B	1.5B	1.9B	1.9B	1.7B	1.4B
Current Deferred Revenue	38.1M	17.2M	19.2M	1.6M	1.5M	1.4M
Accounts Payable	968K	384K	2.6M	2.9M	1.9M	1.9M
Long Term Debt	626.8M	699.3M	833.2M	903.2M	912.0M	639.6M
Net Receivables	13.5M	2.6M	2.2M	3.5M	2.4M	2.9M
Inventory	(12.6M)	(42K)	995K	335K	385.3K	404.5K
Net Invested Capital	871.9M	1.1B	1.3B	1.5B	1.4B	1.0B
Short Long Term Debt	1.2M	11.0M	52.1M	61.9M	80.5M	84.6M
Non Current Liabilities Other	452.9M	379.5M	445.1M	296.9M	250.6M	287.3M
Net Working Capital	(15.4M)	(18.2M)	(65.4M)	(96.0M)	(92.8M)	(88.2M)
Short Term Debt	1.2M	11.0M	52.1M	61.9M	80.5M	84.6M
Property Plant Equipment	1.3B	1.5B	1.9B	1.9B	2.2B	1.4B
Capital Stock	249.7M	250.2M	251.8M	254.4M	256.6M	239.1M

Pair Trading with European Residential

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 European Residential 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 European Residential will appreciate offsetting losses from the drop in the long position's value.

Moving against European Stock

0.75	AEMC	Alaska Energy Metals	Pair Corr
0.37	CMC	Cielo Waste Solutions	Pair Corr

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

The correlation of European Residential 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential Real 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 European Residential 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 European Stock

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

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European Capex To Depreciation vs Free Cash Flow Yield Analysis

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Free Cash Flow Yield

European Residential fundamental ratios Correlations

European Residential Account Relationship Matchups

High Positive Relationship

High Negative Relationship

European Residential fundamental ratios Accounts

Pair Trading with European Residential

Moving against European Stock

Other Information on Investing in European Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Net Debt
Long Term Debt	+ 1.0	Net Debt
Net Invested Capital	+ 1.0	Net Debt

Inventory	- 0.97	Other Current Assets
Inventory	- 0.92	Net Receivables
Inventory	- 0.8	Current Deferred Revenue
Inventory	- 0.7	Total Current Assets
Inventory	- 0.65	Other Assets
Inventory	- 0.49	Cash And Short Term Investments