GCL Stock | | | CAD 0.99 0.02 1.98% |
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 Pocfratio and its Free Cash Flow Yield 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.
Pocfratio vs Free Cash Flow Yield
Pocfratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colabor Group Pocfratio account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Colabor's Pocfratio and Free Cash Flow Yield is 0.23. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Free Cash Flow Yield 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 Pocfratio 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 Pocfratio of Colabor Group 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 Pocfratio i.e., Colabor's Pocfratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pocfratio
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 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 29th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 8.58, 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.