InterRent Ptb Ratio vs Free Cash Flow Yield Analysis

IIP-UN Stock

CAD 10.98 0.28 2.62%

InterRent Real financial indicator trend analysis is infinitely more than just investigating InterRent Real Estate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterRent Real Estate is a good investment. Please check the relationship between InterRent Real Ptb Ratio 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 InterRent Real Estate. 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterRent Real Estate Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very strong relationship.

The correlation between InterRent Real's Ptb Ratio and Free Cash Flow Yield is 0.84. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of InterRent Real Estate, assuming nothing else is changed. The correlation between historical values of InterRent Real's Ptb Ratio 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 Ptb Ratio of InterRent Real Estate 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 Ptb Ratio i.e., InterRent Real's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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 InterRent Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterRent Real Estate 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 InterRent Real Estate. 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.

At present, InterRent Real's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.8 B, whereas Issuance Of Capital Stock is forecasted to decline to about 679.2 K.

	2021	2022	2023	2024 (projected)
Total Revenue	185.1M	216.4M	237.1M	249.0M
Depreciation And Amortization	109.9M	56.1M	100.9M	106.0M

Total Revenue Depreciation And Amortization

InterRent Real 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	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Net Receivables	Other Current Assets	Other Stockholder Equity	Short Term Investments	Non Currrent Assets Other	Short Term Debt	Intangible Assets	Current Deferred Revenue	Inventory
Total Assets		0.98	0.64	0.61	0.99	0.94	0.97	1.0	0.36	0.11	1.0	0.11	0.97	0.45	0.99	0.59	0.99	0.83	-0.71	-0.88	-0.57	0.98	0.98	-0.37	-0.34	0.78
Short Long Term Debt Total	0.98		0.67	0.64	0.96	0.94	0.99	0.97	0.43	0.01	0.98	0.01	0.95	0.43	1.0	0.56	0.95	0.87	-0.72	-0.85	-0.6	0.95	0.99	-0.42	-0.31	0.83
Other Current Liab	0.64	0.67		-0.03	0.6	0.65	0.68	0.59	0.67	-0.02	0.64	-0.02	0.7	0.81	0.68	0.14	0.61	0.48	-0.19	-0.54	0.08	0.62	0.66	-0.51	-0.75	0.4
Total Current Liabilities	0.61	0.64	-0.03		0.59	0.51	0.63	0.61	0.1	-0.09	0.6	-0.09	0.52	-0.42	0.62	0.7	0.56	0.65	-0.81	-0.46	-0.95	0.59	0.65	-0.12	0.52	0.81
Total Stockholder Equity	0.99	0.96	0.6	0.59		0.93	0.95	1.0	0.3	0.17	0.99	0.17	0.96	0.45	0.97	0.61	1.0	0.81	-0.69	-0.89	-0.55	0.98	0.96	-0.34	-0.34	0.75
Property Plant And Equipment Net	0.94	0.94	0.65	0.51	0.93		0.93	0.94	0.28	0.04	0.94	0.04	0.87	0.51	0.94	0.47	0.92	0.84	-0.64	-0.84	-0.46	0.92	0.94	-0.16	-0.44	0.79
Net Debt	0.97	0.99	0.68	0.63	0.95	0.93		0.95	0.45	-0.05	0.98	-0.05	0.94	0.44	0.99	0.51	0.93	0.84	-0.72	-0.84	-0.59	0.94	0.99	-0.39	-0.32	0.82
Retained Earnings	1.0	0.97	0.59	0.61	1.0	0.94	0.95		0.29	0.13	1.0	0.13	0.95	0.43	0.97	0.59	0.99	0.83	-0.71	-0.87	-0.57	0.98	0.97	-0.33	-0.32	0.77
Accounts Payable	0.36	0.43	0.67	0.1	0.3	0.28	0.45	0.29		-0.25	0.36	-0.25	0.48	0.4	0.44	0.03	0.32	0.23	-0.03	-0.38	0.01	0.3	0.41	-0.61	-0.29	0.23
Cash	0.11	0.01	-0.02	-0.09	0.17	0.04	-0.05	0.13	-0.25		0.1	1.0	0.18	0.12	0.02	0.61	0.23	-0.02	0.14	-0.07	0.07	0.1	0.03	-0.13	-0.12	-0.1
Non Current Assets Total	1.0	0.98	0.64	0.6	0.99	0.94	0.98	1.0	0.36	0.1		0.1	0.97	0.46	0.99	0.58	0.99	0.83	-0.71	-0.88	-0.56	0.98	0.98	-0.37	-0.34	0.78
Cash And Short Term Investments	0.11	0.01	-0.02	-0.09	0.17	0.04	-0.05	0.13	-0.25	1.0	0.1		0.18	0.12	0.02	0.61	0.23	-0.02	0.14	-0.07	0.07	0.1	0.03	-0.13	-0.12	-0.1
Common Stock Shares Outstanding	0.97	0.95	0.7	0.52	0.96	0.87	0.94	0.95	0.48	0.18	0.97	0.18		0.53	0.96	0.58	0.97	0.76	-0.61	-0.89	-0.48	0.95	0.94	-0.54	-0.39	0.68
Non Current Liabilities Total	0.45	0.43	0.81	-0.42	0.45	0.51	0.44	0.43	0.4	0.12	0.46	0.12	0.53		0.45	-0.16	0.47	0.25	0.09	-0.48	0.41	0.44	0.42	-0.35	-0.98	0.01
Total Liab	0.99	1.0	0.68	0.62	0.97	0.94	0.99	0.97	0.44	0.02	0.99	0.02	0.96	0.45		0.55	0.96	0.85	-0.72	-0.86	-0.58	0.96	0.99	-0.41	-0.32	0.81
Total Current Assets	0.59	0.56	0.14	0.7	0.61	0.47	0.51	0.59	0.03	0.61	0.58	0.61	0.58	-0.16	0.55		0.63	0.51	-0.52	-0.43	-0.67	0.58	0.58	-0.25	0.24	0.62
Common Stock	0.99	0.95	0.61	0.56	1.0	0.92	0.93	0.99	0.32	0.23	0.99	0.23	0.97	0.47	0.96	0.63		0.77	-0.66	-0.89	-0.52	0.97	0.95	-0.34	-0.36	0.72
Net Receivables	0.83	0.87	0.48	0.65	0.81	0.84	0.84	0.83	0.23	-0.02	0.83	-0.02	0.76	0.25	0.85	0.51	0.77		-0.63	-0.64	-0.61	0.79	0.89	-0.39	-0.17	0.9
Other Current Assets	-0.71	-0.72	-0.19	-0.81	-0.69	-0.64	-0.72	-0.71	-0.03	0.14	-0.71	0.14	-0.61	0.09	-0.72	-0.52	-0.66	-0.63		0.57	0.75	-0.69	-0.73	0.09	-0.18	-0.67
Other Stockholder Equity	-0.88	-0.85	-0.54	-0.46	-0.89	-0.84	-0.84	-0.87	-0.38	-0.07	-0.88	-0.07	-0.89	-0.48	-0.86	-0.43	-0.89	-0.64	0.57		0.42	-0.88	-0.83	0.27	0.36	-0.59
Short Term Investments	-0.57	-0.6	0.08	-0.95	-0.55	-0.46	-0.59	-0.57	0.01	0.07	-0.56	0.07	-0.48	0.41	-0.58	-0.67	-0.52	-0.61	0.75	0.42		-0.55	-0.6	0.1	-0.51	-0.77
Non Currrent Assets Other	0.98	0.95	0.62	0.59	0.98	0.92	0.94	0.98	0.3	0.1	0.98	0.1	0.95	0.44	0.96	0.58	0.97	0.79	-0.69	-0.88	-0.55		0.94	-0.33	-0.32	0.78
Short Term Debt	0.98	0.99	0.66	0.65	0.96	0.94	0.99	0.97	0.41	0.03	0.98	0.03	0.94	0.42	0.99	0.58	0.95	0.89	-0.73	-0.83	-0.6	0.94		-0.41	-0.31	0.84
Intangible Assets	-0.37	-0.42	-0.51	-0.12	-0.34	-0.16	-0.39	-0.33	-0.61	-0.13	-0.37	-0.13	-0.54	-0.35	-0.41	-0.25	-0.34	-0.39	0.09	0.27	0.1	-0.33	-0.41		0.2	-0.19
Current Deferred Revenue	-0.34	-0.31	-0.75	0.52	-0.34	-0.44	-0.32	-0.32	-0.29	-0.12	-0.34	-0.12	-0.39	-0.98	-0.32	0.24	-0.36	-0.17	-0.18	0.36	-0.51	-0.32	-0.31	0.2		0.07
Inventory	0.78	0.83	0.4	0.81	0.75	0.79	0.82	0.77	0.23	-0.1	0.78	-0.1	0.68	0.01	0.81	0.62	0.72	0.9	-0.67	-0.59	-0.77	0.78	0.84	-0.19	0.07

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InterRent Real Account Relationship Matchups

InterRent Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.2B	4.1B	4.3B	4.4B	4.7B
Short Long Term Debt Total	908.4M	999.6M	1.5B	1.7B	1.7B	1.8B
Other Current Liab	23.2M	23.7M	34.9M	39.4M	22.3M	15.2M
Total Current Liabilities	30.4M	27.4M	38.9M	45.9M	1.8B	1.8B
Total Stockholder Equity	1.7B	2.1B	2.4B	2.5B	2.6B	2.7B
Property Plant And Equipment Net	1.7M	2.4M	3.9M	5.1M	3.9M	3.7M
Net Debt	907.6M	948.0M	1.5B	1.7B	1.7B	1.8B
Retained Earnings	955.7M	1.1B	1.4B	1.4B	1.5B	1.6B
Accounts Payable	7.2M	3.8M	4.0M	6.5M	7.1M	3.8M
Cash	753K	51.6M	2.1M	4.3M	2.5M	4.3M
Non Current Assets Total	2.8B	3.1B	4.1B	4.3B	4.4B	4.6B
Cash And Short Term Investments	753K	51.6M	2.1M	4.3M	2.5M	4.3M
Common Stock Shares Outstanding	117.4M	134.9M	142.8M	144.5M	146.2M	153.5M
Liabilities And Stockholders Equity	2.8B	3.2B	4.1B	4.3B	4.4B	4.7B
Non Current Liabilities Total	1.0B	1.1B	1.7B	1.8B	109.8M	104.3M
Total Liab	1.1B	1.1B	1.7B	1.8B	1.9B	2.0B
Total Current Assets	5.0M	66.2M	10.7M	16.0M	58.1M	61.0M
Common Stock	766.3M	1.0B	1.0B	1.1B	1.1B	1.1B
Net Receivables	2.0M	3.1M	5.7M	9.1M	7.8M	8.1M
Other Current Assets	467K	1.4M	(18.4M)	2.6M	(20.6M)	(19.6M)
Other Stockholder Equity	(955.7M)	(1.1B)	(1.4B)	(1.4B)	(1.5B)	(1.4B)
Non Currrent Assets Other	2.8B	3.1B	4.1B	4.3B	4.3B	4.5B
Short Term Debt	908.4M	999.6M	1.5B	1.7B	1.7B	1.8B
Current Deferred Revenue	(908.4M)	(999.6M)	(1.5B)	(1.7B)	32.9M	34.6M
Inventory	1.8M	10.0M	21.3M	68.4M	78.7M	82.6M
Other Liab	11.7M	13.3M	16.7M	18.2M	21.0M	13.3M
Net Tangible Assets	1.7B	2.1B	2.4B	2.5B	2.9B	1.6B
Other Assets	11.7M	11.2M	10.9M	8.9M	10.2M	18.1M
Long Term Debt	908.4M	999.6M	1.5B	1.7B	1.9B	1.1B
Deferred Long Term Liab	239K	197K	323K	387K	445.1K	320.8K
Property Plant Equipment	2.8B	3.1B	4.1B	4.3B	4.9B	2.8B
Long Term Investments	25.2M	28.0M	30.6M	32.5M	48.0M	45.6M
Non Current Liabilities Other	65.1M	60.0M	59.0M	43.7M	28.6M	45.7M
Net Invested Capital	2.6B	3.1B	3.9B	4.2B	4.3B	3.4B
Net Working Capital	(25.4M)	38.7M	(28.2M)	(29.8M)	(1.7B)	(1.6B)
Capital Stock	766.3M	1.0B	1.0B	1.1B	1.1B	1.0B

Pair Trading with InterRent Real

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 InterRent Real 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 InterRent Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with InterRent Stock

0.78	AEMC	Alaska Energy Metals	Pair Corr
0.69	CMC	Cielo Waste Solutions	Pair Corr

Moving against InterRent Stock

0.94	LQWD	LQwD FinTech Corp	Pair Corr
0.7	ERC	Eros Resources Corp	Pair Corr
0.67	MATE	Blockmate Ventures Earnings Call Tomorrow	Pair Corr

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

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

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

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InterRent Ptb Ratio vs Free Cash Flow Yield Analysis

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ptb Ratio

Free Cash Flow Yield

InterRent Real fundamental ratios Correlations

InterRent Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

InterRent Real fundamental ratios Accounts

Pair Trading with InterRent Real

Moving together with InterRent Stock

Moving against InterRent Stock

Other Information on Investing in InterRent Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Retained Earnings

Current Deferred Revenue	- 0.98	Non Current Liabilities Total
Short Term Investments	- 0.95	Total Current Liabilities
Other Stockholder Equity	- 0.89	Common Stock
Other Stockholder Equity	- 0.89	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.89	Total Stockholder Equity
Non Currrent Assets Other	- 0.88	Other Stockholder Equity