NET-UN Stock | | | 5.29 0.04 0.76% |
Canadian Net financial indicator trend analysis is way more than just evaluating Canadian Net Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Net Real is a good investment. Please check the relationship between Canadian Net Interest Income and its Total Other Income Expense Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canadian Net Real. 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.
Interest Income vs Total Other Income Expense Net
Interest Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Canadian Net Real Interest Income account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Canadian Net's Interest Income and Total Other Income Expense Net is 0.0. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Canadian Net Real, assuming nothing else is changed. The correlation between historical values of Canadian Net's Interest Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Canadian Net Real are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Income i.e., Canadian Net's Interest Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Total Other Income Expense Net
Most indicators from Canadian Net's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Net Real 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 Canadian Net Real. 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, Canadian Net's
Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value Multiple is expected to grow to 15.88, whereas
Tax Provision is forecasted to decline to 5,790.
Canadian Net fundamental ratios Correlations
Click cells to compare fundamentals
Canadian Net Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Net fundamental ratios Accounts
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Other Information on Investing in Canadian Stock
Balance Sheet is a snapshot of the
financial position of Canadian Net Real at a specified time, usually calculated after every quarter, six months, or one year. Canadian Net Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian Net 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 Canadian currently owns. An asset can also be divided into two categories, current and non-current.