Loblaw Days Sales Outstanding vs Free Cash Flow Yield Analysis

L Stock

CAD 178.14 0.88 0.50%

Loblaw Companies financial indicator trend analysis is infinitely more than just investigating Loblaw Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Loblaw Companies is a good investment. Please check the relationship between Loblaw Companies Days Sales Outstanding and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loblaw Companies 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 estimate.

Days Sales Outstanding vs Free Cash Flow Yield

Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Loblaw Companies Days Sales Outstanding account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between Loblaw Companies' Days Sales Outstanding and Free Cash Flow Yield is 0.63. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Loblaw Companies Limited, assuming nothing else is changed. The correlation between historical values of Loblaw Companies' Days Sales Outstanding 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 Days Sales Outstanding of Loblaw Companies Limited 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 Days Sales Outstanding i.e., Loblaw Companies' Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Days Sales Outstanding

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 Loblaw Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Loblaw Companies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loblaw Companies 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 estimate.

At this time, Loblaw Companies' Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.72, while Selling General Administrative is likely to drop about 11.4 B.

	2021	2022	2023	2024 (projected)
Gross Profit	16.7B	18.0B	19.0B	20.0B
Total Revenue	53.2B	56.5B	59.5B	36.9B

Gross Profit Total Revenue

Loblaw Companies 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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Short Term Investments	Good Will
Total Assets		0.79	0.69	0.93	0.94	0.86	0.79	0.58	0.96	0.41	0.99	-0.03	0.29	0.82	0.76	0.98	0.97	0.39	-0.66	0.99	0.46	0.96	0.59	0.75	-0.26	0.87
Short Long Term Debt Total	0.79		0.71	0.79	0.64	0.82	1.0	0.37	0.77	0.37	0.78	-0.07	0.29	0.91	0.47	0.82	0.81	0.17	-0.49	0.83	0.83	0.76	0.86	0.7	-0.2	0.73
Other Current Liab	0.69	0.71		0.78	0.57	0.53	0.7	0.22	0.72	0.44	0.63	-0.26	0.36	0.7	0.36	0.66	0.8	0.51	-0.26	0.72	0.67	0.78	0.69	0.3	-0.05	0.79
Total Current Liabilities	0.93	0.79	0.78		0.8	0.82	0.78	0.52	0.97	0.46	0.88	-0.06	0.39	0.84	0.55	0.88	0.95	0.49	-0.6	0.95	0.55	0.98	0.75	0.68	-0.1	0.83
Total Stockholder Equity	0.94	0.64	0.57	0.8		0.69	0.64	0.66	0.89	0.28	0.95	0.03	0.15	0.76	0.91	0.87	0.87	0.49	-0.71	0.87	0.27	0.86	0.43	0.75	-0.35	0.82
Property Plant And Equipment Net	0.86	0.82	0.53	0.82	0.69		0.81	0.59	0.85	0.5	0.85	0.06	0.5	0.75	0.44	0.91	0.78	-0.03	-0.68	0.9	0.61	0.82	0.59	0.75	0.05	0.58
Net Debt	0.79	1.0	0.7	0.78	0.64	0.81		0.34	0.76	0.3	0.78	-0.13	0.22	0.91	0.48	0.82	0.82	0.18	-0.47	0.83	0.82	0.75	0.85	0.69	-0.22	0.74
Retained Earnings	0.58	0.37	0.22	0.52	0.66	0.59	0.34		0.67	0.47	0.56	0.49	0.54	0.61	0.51	0.5	0.42	0.22	-0.92	0.52	0.25	0.59	0.27	0.81	0.15	0.19
Accounts Payable	0.96	0.77	0.72	0.97	0.89	0.85	0.76	0.67		0.44	0.93	-0.01	0.4	0.86	0.67	0.91	0.94	0.46	-0.74	0.96	0.51	0.98	0.66	0.78	-0.09	0.8
Cash	0.41	0.37	0.44	0.46	0.28	0.5	0.3	0.47	0.44		0.35	0.6	0.91	0.35	0.05	0.43	0.33	-0.04	-0.41	0.45	0.33	0.5	0.34	0.26	0.19	0.2
Non Current Assets Total	0.99	0.78	0.63	0.88	0.95	0.85	0.78	0.56	0.93	0.35		-0.04	0.22	0.79	0.8	0.98	0.94	0.32	-0.65	0.97	0.43	0.91	0.54	0.74	-0.31	0.86
Non Currrent Assets Other	-0.03	-0.07	-0.26	-0.06	0.03	0.06	-0.13	0.49	-0.01	0.6	-0.04		0.46	0.04	-0.02	-0.04	-0.18	-0.12	-0.31	-0.05	-0.12	0.0	-0.05	0.23	-0.11	-0.32
Cash And Short Term Investments	0.29	0.29	0.36	0.39	0.15	0.5	0.22	0.54	0.4	0.91	0.22	0.46		0.29	-0.1	0.3	0.2	-0.14	-0.5	0.34	0.36	0.41	0.3	0.28	0.57	0.02
Net Receivables	0.82	0.91	0.7	0.84	0.76	0.75	0.91	0.61	0.86	0.35	0.79	0.04	0.29		0.6	0.77	0.82	0.42	-0.68	0.82	0.74	0.83	0.86	0.84	-0.19	0.72
Common Stock Shares Outstanding	0.76	0.47	0.36	0.55	0.91	0.44	0.48	0.51	0.67	0.05	0.8	-0.02	-0.1	0.6		0.68	0.68	0.44	-0.61	0.65	0.05	0.61	0.26	0.63	-0.48	0.71
Non Current Liabilities Total	0.98	0.82	0.66	0.88	0.87	0.91	0.82	0.5	0.91	0.43	0.98	-0.04	0.3	0.77	0.68		0.94	0.22	-0.6	0.99	0.5	0.91	0.56	0.7	-0.25	0.83
Inventory	0.97	0.81	0.8	0.95	0.87	0.78	0.82	0.42	0.94	0.33	0.94	-0.18	0.2	0.82	0.68	0.94		0.5	-0.52	0.97	0.52	0.96	0.67	0.65	-0.29	0.93
Other Current Assets	0.39	0.17	0.51	0.49	0.49	-0.03	0.18	0.22	0.46	-0.04	0.32	-0.12	-0.14	0.42	0.44	0.22	0.5		-0.24	0.32	0.01	0.5	0.36	0.27	-0.33	0.5
Other Stockholder Equity	-0.66	-0.49	-0.26	-0.6	-0.71	-0.68	-0.47	-0.92	-0.74	-0.41	-0.65	-0.31	-0.5	-0.68	-0.61	-0.6	-0.52	-0.24		-0.61	-0.25	-0.65	-0.36	-0.9	-0.16	-0.3
Total Liab	0.99	0.83	0.72	0.95	0.87	0.9	0.83	0.52	0.96	0.45	0.97	-0.05	0.34	0.82	0.65	0.99	0.97	0.32	-0.61		0.53	0.96	0.64	0.71	-0.21	0.85
Property Plant And Equipment Gross	0.46	0.83	0.67	0.55	0.27	0.61	0.82	0.25	0.51	0.33	0.43	-0.12	0.36	0.74	0.05	0.5	0.52	0.01	-0.25	0.53		0.51	0.76	0.44	0.12	0.45
Total Current Assets	0.96	0.76	0.78	0.98	0.86	0.82	0.75	0.59	0.98	0.5	0.91	0.0	0.41	0.83	0.61	0.91	0.96	0.5	-0.65	0.96	0.51		0.67	0.7	-0.13	0.83
Short Term Debt	0.59	0.86	0.69	0.75	0.43	0.59	0.85	0.27	0.66	0.34	0.54	-0.05	0.3	0.86	0.26	0.56	0.67	0.36	-0.36	0.64	0.76	0.67		0.56	-0.08	0.61
Current Deferred Revenue	0.75	0.7	0.3	0.68	0.75	0.75	0.69	0.81	0.78	0.26	0.74	0.23	0.28	0.84	0.63	0.7	0.65	0.27	-0.9	0.71	0.44	0.7	0.56		-0.1	0.45
Short Term Investments	-0.26	-0.2	-0.05	-0.1	-0.35	0.05	-0.22	0.15	-0.09	0.19	-0.31	-0.11	0.57	-0.19	-0.48	-0.25	-0.29	-0.33	-0.16	-0.21	0.12	-0.13	-0.08	-0.1		-0.41
Good Will	0.87	0.73	0.79	0.83	0.82	0.58	0.74	0.19	0.8	0.2	0.86	-0.32	0.02	0.72	0.71	0.83	0.93	0.5	-0.3	0.85	0.45	0.83	0.61	0.45	-0.41

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Loblaw Companies Account Relationship Matchups

Loblaw Companies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.3B	35.9B	36.6B	38.1B	39.0B	22.5B
Short Long Term Debt Total	17.0B	16.6B	16.6B	17.6B	18.2B	19.1B
Other Current Liab	191M	718M	887M	919M	725M	502.1M
Total Current Liabilities	9.2B	8.8B	9.2B	10.1B	10.8B	5.8B
Total Stockholder Equity	11.2B	11.0B	11.6B	11.3B	11.5B	8.1B
Property Plant And Equipment Net	12.9B	12.7B	12.6B	13.1B	14.0B	9.0B
Net Debt	15.8B	14.9B	14.6B	16.0B	16.7B	17.5B
Retained Earnings	3.8B	3.8B	4.6B	4.5B	4.8B	4.3B
Accounts Payable	5.3B	5.4B	5.4B	6.2B	6.3B	4.0B
Cash	1.1B	1.7B	2.0B	1.6B	1.5B	1.1B
Non Current Assets Total	25.0B	24.3B	24.0B	24.8B	25.4B	15.3B
Non Currrent Assets Other	688M	523M	786M	353M	529M	721.7M
Cash And Short Term Investments	1.2B	1.9B	2.4B	1.9B	2.0B	1.5B
Net Receivables	4.8B	4.1B	4.7B	5.2B	5.4B	5.7B
Common Stock Shares Outstanding	368.4M	358.2M	341.8M	331.7M	320M	338.3M
Liabilities And Stockholders Equity	36.3B	35.9B	36.6B	38.1B	39.0B	22.5B
Non Current Liabilities Total	15.8B	16.0B	15.7B	16.6B	16.5B	8.7B
Inventory	5.1B	5.2B	5.2B	5.9B	5.8B	3.1B
Other Current Assets	1.1B	236M	324M	340M	353M	222.4M
Other Stockholder Equity	100M	109M	116M	122M	136M	129.2M
Total Liab	25.0B	24.8B	24.9B	26.7B	27.4B	14.4B
Property Plant And Equipment Gross	12.9B	12.7B	26.1B	28.4B	31.0B	32.5B
Total Current Assets	11.3B	11.6B	12.6B	13.4B	13.6B	7.3B
Accumulated Other Comprehensive Income	47M	21M	14M	30M	35M	36.8M
Short Term Debt	3.3B	2.6B	2.8B	2.8B	3.5B	3.7B
Current Deferred Revenue	426M	24M	75M	125M	289M	303.5M
Short Term Investments	94M	57M	269M	464M	326M	265.2M
Good Will	3.9B	3.9B	3.9B	4.3B	4.3B	2.8B
Intangible Assets	7.3B	6.9B	6.4B	6.5B	6.0B	5.6B
Common Stock Total Equity	7.7B	7.2B	7.0B	6.8B	7.8B	6.3B
Common Stock	7.0B	6.8B	6.6B	6.5B	6.3B	6.5B
Other Liab	2.1B	2.0B	1.9B	1.8B	1.6B	2.2B
Net Tangible Assets	(255M)	(51M)	1.0B	250M	225M	213.8M
Other Assets	857M	636M	877M	302M	271.8M	258.2M
Long Term Debt	6.0B	6.4B	6.2B	7.1B	6.7B	6.0B
Long Term Investments	22M	118M	127M	399M	396M	415.8M
Short Long Term Debt	1.9B	1.3B	1.5B	1.4B	2.1B	1.8B
Property Plant Equipment	12.9B	12.7B	12.6B	13.1B	15.1B	11.9B
Long Term Debt Total	13.7B	14.0B	13.8B	14.8B	17.0B	12.7B
Capital Surpluse	100M	109M	116M	122M	140.3M	120.7M

Pair Trading with Loblaw Companies

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 Loblaw Companies 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 Loblaw Companies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Loblaw Stock

0.75

AMZN

Amazon CDR

Pair Corr

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

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

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

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Loblaw Days Sales Outstanding vs Free Cash Flow Yield Analysis

Days Sales Outstanding vs Free Cash Flow Yield

Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Free Cash Flow Yield

Loblaw Companies fundamental ratios Correlations

Loblaw Companies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Loblaw Companies fundamental ratios Accounts

Pair Trading with Loblaw Companies

Moving together with Loblaw Stock

Other Information on Investing in Loblaw Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Current Liabilities

Other Stockholder Equity	- 0.92	Retained Earnings
Current Deferred Revenue	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.74	Accounts Payable
Other Stockholder Equity	- 0.71	Total Stockholder Equity
Other Stockholder Equity	- 0.68	Net Receivables
Other Stockholder Equity	- 0.68	Property Plant And Equipment Net