Shawcor Total Current Liabilities vs Net Debt Analysis

MATR Stock

13.51 0.29 2.19%

Shawcor financial indicator trend analysis is much more than just breaking down Shawcor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shawcor is a good investment. Please check the relationship between Shawcor Total Current Liabilities and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Shawcor. 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shawcor Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Shawcor's Total Current Liabilities and Net Debt is -0.14. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of Shawcor, assuming nothing else is changed. The correlation between historical values of Shawcor's Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Shawcor are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Shawcor's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Shawcor balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shawcor are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Shawcor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shawcor 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 Shawcor. 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, Shawcor's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value Multiple is likely to grow to 9.38, though Tax Provision is likely to grow to (16.5 M).

	2021	2022	2023	2024 (projected)
Total Revenue	1.1B	1.3B	925.3M	1.1B
Depreciation And Amortization	78.1M	38.1M	37.4M	56.1M

Total Revenue Depreciation And Amortization

Shawcor 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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Current Deferred Revenue	Good Will	Short Term Investments
Total Assets		0.58	0.87	0.75	0.9	0.93	0.3	0.41	0.49	0.34	0.95	0.37	0.91	0.03	0.73	0.79	0.11	-0.12	0.91	0.91	-0.22	0.81	0.55	0.44	0.76	0.05
Short Long Term Debt Total	0.58		0.54	0.1	0.34	0.72	0.86	-0.23	0.06	-0.01	0.72	-0.08	0.45	-0.19	0.96	0.33	0.33	-0.38	0.69	0.29	-0.08	0.82	0.08	-0.23	0.55	-0.6
Other Current Liab	0.87	0.54		0.78	0.66	0.74	0.26	0.3	0.22	0.36	0.77	0.38	0.79	-0.23	0.71	0.72	0.32	-0.42	0.91	0.86	-0.39	0.62	0.55	0.46	0.63	-0.14
Total Current Liabilities	0.75	0.1	0.78		0.57	0.54	-0.14	0.46	0.36	0.41	0.55	0.51	0.76	0.05	0.33	0.85	0.15	-0.18	0.79	0.92	0.01	0.41	0.48	0.89	0.39	0.36
Total Stockholder Equity	0.9	0.34	0.66	0.57		0.85	0.08	0.5	0.54	0.38	0.88	0.4	0.79	0.18	0.47	0.59	-0.15	0.11	0.63	0.79	-0.33	0.69	0.57	0.31	0.75	0.17
Property Plant And Equipment Net	0.93	0.72	0.74	0.54	0.85		0.51	0.26	0.43	0.2	0.98	0.2	0.81	0.06	0.82	0.63	0.2	-0.12	0.84	0.72	-0.2	0.89	0.41	0.21	0.77	-0.11
Net Debt	0.3	0.86	0.26	-0.14	0.08	0.51		-0.13	0.1	-0.5	0.51	-0.56	0.33	-0.42	0.81	0.19	0.4	-0.18	0.46	-0.03	-0.06	0.57	0.08	-0.41	0.44	-0.5
Retained Earnings	0.41	-0.23	0.3	0.46	0.5	0.26	-0.13		0.53	-0.19	0.32	-0.08	0.6	-0.23	-0.02	0.44	-0.13	0.36	0.25	0.48	-0.38	-0.04	0.71	0.4	0.46	0.7
Accounts Payable	0.49	0.06	0.22	0.36	0.54	0.43	0.1	0.53		-0.15	0.46	-0.13	0.59	0.12	0.2	0.57	0.0	0.71	0.34	0.44	0.02	0.21	0.57	0.16	0.27	0.53
Cash	0.34	-0.01	0.36	0.41	0.38	0.2	-0.5	-0.19	-0.15		0.18	0.98	0.11	0.53	0.02	0.17	-0.22	-0.29	0.24	0.5	0.02	0.27	-0.08	0.38	0.08	-0.07
Non Current Assets Total	0.95	0.72	0.77	0.55	0.88	0.98	0.51	0.32	0.46	0.18		0.18	0.85	-0.02	0.82	0.66	0.13	-0.1	0.84	0.74	-0.25	0.89	0.51	0.19	0.83	-0.11
Cash And Short Term Investments	0.37	-0.08	0.38	0.51	0.4	0.2	-0.56	-0.08	-0.13	0.98	0.18		0.16	0.53	-0.02	0.24	-0.23	-0.29	0.27	0.57	0.03	0.24	-0.05	0.51	0.08	0.06
Net Receivables	0.91	0.45	0.79	0.76	0.79	0.81	0.33	0.6	0.59	0.11	0.85	0.16		-0.14	0.65	0.86	0.14	0.01	0.86	0.85	-0.23	0.63	0.72	0.47	0.78	0.21
Common Stock Shares Outstanding	0.03	-0.19	-0.23	0.05	0.18	0.06	-0.42	-0.23	0.12	0.53	-0.02	0.53	-0.14		-0.22	0.07	-0.22	0.32	-0.11	0.11	0.55	0.14	-0.49	0.17	-0.26	0.31
Non Current Liabilities Total	0.73	0.96	0.71	0.33	0.47	0.82	0.81	-0.02	0.2	0.02	0.82	-0.02	0.65	-0.22		0.55	0.4	-0.34	0.84	0.5	-0.12	0.84	0.24	-0.03	0.63	-0.43
Inventory	0.79	0.33	0.72	0.85	0.59	0.63	0.19	0.44	0.57	0.17	0.66	0.24	0.86	0.07	0.55		0.27	0.05	0.84	0.86	0.15	0.54	0.44	0.64	0.45	0.33
Other Current Assets	0.11	0.33	0.32	0.15	-0.15	0.2	0.4	-0.13	0.0	-0.22	0.13	-0.23	0.14	-0.22	0.4	0.27		-0.24	0.35	0.06	0.0	0.04	-0.09	-0.01	0.04	-0.26
Other Stockholder Equity	-0.12	-0.38	-0.42	-0.18	0.11	-0.12	-0.18	0.36	0.71	-0.29	-0.1	-0.29	0.01	0.32	-0.34	0.05	-0.24		-0.32	-0.13	0.25	-0.24	0.21	-0.16	-0.2	0.66
Total Liab	0.91	0.69	0.91	0.79	0.63	0.84	0.46	0.25	0.34	0.24	0.84	0.27	0.86	-0.11	0.84	0.84	0.35	-0.32		0.85	-0.07	0.78	0.43	0.49	0.63	-0.08
Total Current Assets	0.91	0.29	0.86	0.92	0.79	0.72	-0.03	0.48	0.44	0.5	0.74	0.57	0.85	0.11	0.5	0.86	0.06	-0.13	0.85		-0.15	0.58	0.53	0.71	0.55	0.27
Short Term Debt	-0.22	-0.08	-0.39	0.01	-0.33	-0.2	-0.06	-0.38	0.02	0.02	-0.25	0.03	-0.23	0.55	-0.12	0.15	0.0	0.25	-0.07	-0.15		0.06	-0.53	0.22	-0.48	0.23
Intangible Assets	0.81	0.82	0.62	0.41	0.69	0.89	0.57	-0.04	0.21	0.27	0.89	0.24	0.63	0.14	0.84	0.54	0.04	-0.24	0.78	0.58	0.06		0.17	0.13	0.65	-0.3
Non Currrent Assets Other	0.55	0.08	0.55	0.48	0.57	0.41	0.08	0.71	0.57	-0.08	0.51	-0.05	0.72	-0.49	0.24	0.44	-0.09	0.21	0.43	0.53	-0.53	0.17		0.23	0.61	0.24
Current Deferred Revenue	0.44	-0.23	0.46	0.89	0.31	0.21	-0.41	0.4	0.16	0.38	0.19	0.51	0.47	0.17	-0.03	0.64	-0.01	-0.16	0.49	0.71	0.22	0.13	0.23		0.09	0.52
Good Will	0.76	0.55	0.63	0.39	0.75	0.77	0.44	0.46	0.27	0.08	0.83	0.08	0.78	-0.26	0.63	0.45	0.04	-0.2	0.63	0.55	-0.48	0.65	0.61	0.09		-0.17
Short Term Investments	0.05	-0.6	-0.14	0.36	0.17	-0.11	-0.5	0.7	0.53	-0.07	-0.11	0.06	0.21	0.31	-0.43	0.33	-0.26	0.66	-0.08	0.27	0.23	-0.3	0.24	0.52	-0.17

Click cells to compare fundamentals

Shawcor Account Relationship Matchups

Shawcor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.5B	1.3B	1.5B	1.3B	1.2B
Short Long Term Debt Total	524.7M	505.6M	346.6M	270.3M	232.5M	180.4M
Other Current Liab	157.7M	139.6M	136.6M	188.6M	174.0M	104.0M
Total Current Liabilities	297.1M	269.6M	260.1M	506.1M	279.3M	291.7M
Total Stockholder Equity	945.3M	712.7M	639.3M	699.4M	730.2M	669.4M
Property Plant And Equipment Net	504.3M	427.7M	361.6M	347.4M	280.4M	303.4M
Net Debt	426.5M	291.0M	222.1M	6.3M	(101.6M)	(96.5M)
Retained Earnings	193.0M	(51.7M)	(130.8M)	(161.2M)	(92.8M)	(88.2M)
Accounts Payable	74.2M	79.0M	82.5M	99.7M	54.5M	51.8M
Cash	98.2M	214.5M	124.4M	264.0M	334.1M	350.8M
Non Current Assets Total	1.2B	905.9M	775.5M	808.7M	641.5M	643.1M
Cash And Short Term Investments	98.2M	214.5M	124.4M	264.0M	334.1M	350.8M
Net Receivables	322.6M	265.7M	235.7M	275.3M	172.8M	242.7M
Common Stock Shares Outstanding	70.1M	70.4M	70.5M	70.5M	69.8M	73.8M
Liabilities And Stockholders Equity	1.8B	1.5B	1.3B	1.5B	1.3B	1.2B
Non Current Liabilities Total	564.1M	539.3M	365.6M	343.3M	269.3M	215.6M
Inventory	160.8M	126.3M	122.7M	182.0M	122.5M	119.1M
Other Current Assets	17.7M	13.1M	9.4M	19.1M	7.4M	12.6M
Other Stockholder Equity	32.6M	26.5M	27.9M	25.7M	23.5M	22.3M
Total Liab	861.1M	808.9M	625.7M	849.4M	548.6M	507.3M
Total Current Assets	599.3M	619.7M	492.3M	740.3M	636.8M	536.7M
Accumulated Other Comprehensive Income	9.1M	18.3M	21.2M	127.5M	117.7M	123.6M
Short Term Debt	21.5M	18.6M	13.4M	25.8M	11.3M	18.1M
Intangible Assets	271.5M	200.2M	172.4M	170.8M	144.5M	137.7M
Non Currrent Assets Other	5.4M	3.3M	4.2M	11.8M	6.1M	5.8M
Current Deferred Revenue	43.7M	32.4M	27.6M	192.1M	39.5M	75.8M
Good Will	377.7M	231.6M	215.5M	217.0M	163.1M	293.1M
Common Stock	710.6M	719.6M	721.0M	707.4M	681.9M	664.6M

Pair Trading with Shawcor

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

Moving against Shawcor Stock

0.37	ENB-PFV	Enbridge Pref 5	Pair Corr
0.35	ENB-PFC	Enbridge Pref 11	Pair Corr
0.35	AAPL	Apple Inc CDR	Pair Corr
0.35	NVDA	NVIDIA CDR	Pair Corr
0.34	ENB-PFU	Enbridge Pref L	Pair Corr

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

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

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shawcor Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

Shawcor fundamental ratios Correlations

Shawcor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shawcor fundamental ratios Accounts

Pair Trading with Shawcor

Moving against Shawcor Stock

Other Information on Investing in Shawcor Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.98	Cash
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total
Non Current Assets Total	+ 0.95	Total Assets
Property Plant And Equipment Net	+ 0.93	Total Assets
Total Current Assets	+ 0.92	Total Current Liabilities

Short Term Investments	- 0.6	Short Long Term Debt Total
Cash And Short Term Investments	- 0.56	Net Debt
Non Currrent Assets Other	- 0.53	Short Term Debt
Short Term Investments	- 0.5	Net Debt
Cash	- 0.5	Net Debt
Non Currrent Assets Other	- 0.49	Common Stock Shares Outstanding