| GCL Stock | | | CAD 1.02 0.01 0.99% |
Colabor financial indicator trend analysis is way more than just evaluating Colabor Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colabor Group is a good investment. Please check the relationship between Colabor Days Sales Outstanding and its Roic accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor Group. 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.
Days Sales Outstanding vs Roic
Days Sales Outstanding vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colabor Group Days Sales Outstanding account and
Roic. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Colabor's Days Sales Outstanding and Roic is 0.19. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Roic in the same time period over historical financial statements of Colabor Group, assuming nothing else is changed. The correlation between historical values of Colabor's Days Sales Outstanding and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Colabor Group are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Days Sales Outstanding i.e., Colabor's Days Sales Outstanding and Roic go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Days Sales Outstanding
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Colabor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colabor Group 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor Group. 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.
At this time, Colabor's
Tax Provision is very stable compared to the past year. As of the 25th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 8.37, while
Selling General Administrative is likely to drop about 50.6
M.
Colabor fundamental ratios Correlations
Click cells to compare fundamentals
Colabor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colabor fundamental ratios Accounts
Other Information on Investing in Colabor Stock
Balance Sheet is a snapshot of the
financial position of Colabor Group at a specified time, usually calculated after every quarter, six months, or one year. Colabor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Colabor 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 Colabor currently owns. An asset can also be divided into two categories, current and non-current.