Plaza Free Cash Flow Yield vs Ptb Ratio Analysis

PLZ-UN Stock

CAD 3.76 0.01 0.27%

Plaza Retail financial indicator trend analysis is much more than just breaking down Plaza Retail REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plaza Retail REIT is a good investment. Please check the relationship between Plaza Retail Free Cash Flow Yield and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plaza Retail REIT. 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plaza Retail REIT Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Plaza Retail's Free Cash Flow Yield and Ptb Ratio is -0.87. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Plaza Retail REIT, assuming nothing else is changed. The correlation between historical values of Plaza Retail's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Plaza Retail REIT are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Plaza Retail's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

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.

Most indicators from Plaza Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plaza Retail REIT 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plaza Retail REIT. 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, Plaza Retail's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 419.9 K, whereas Issuance Of Capital Stock is forecasted to decline to about 20.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	71.8M	70.6M	70.4M	44.3M
Total Revenue	110.6M	111.2M	114.1M	71.2M

Gross Profit Total Revenue

Plaza Retail fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Current Deferred Revenue	Inventory	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Good Will	Common Stock
Total Assets		0.01	0.72	0.84	0.99	0.75	0.55	0.42	0.19	0.98	0.98	-0.49	-0.57	0.99	0.52	0.99	0.64	1.0	0.84	0.11	0.29	0.73	0.94	-0.74	0.07	0.93
Other Current Liab	0.01		-0.01	0.13	0.02	0.06	0.0	-0.44	-0.31	0.03	-0.07	0.27	-0.06	-0.06	-0.01	0.03	0.03	0.03	0.11	-0.52	0.01	-0.04	0.16	0.32	-0.03	0.16
Total Current Liabilities	0.72	-0.01		0.88	0.74	0.77	0.79	0.41	0.06	0.77	0.67	-0.34	-0.52	0.74	0.52	0.75	0.14	0.73	0.76	0.44	0.37	1.0	0.75	-0.54	-0.55	0.83
Total Stockholder Equity	0.84	0.13	0.88		0.83	0.94	0.78	0.23	0.0	0.91	0.79	-0.46	-0.51	0.81	0.33	0.83	0.32	0.84	0.77	0.2	0.23	0.88	0.84	-0.73	-0.43	0.94
Net Debt	0.99	0.02	0.74	0.83		0.73	0.55	0.43	0.23	0.97	0.98	-0.46	-0.59	0.99	0.56	1.0	0.67	0.99	0.83	0.11	0.3	0.76	0.94	-0.72	0.07	0.93
Retained Earnings	0.75	0.06	0.77	0.94	0.73		0.79	0.05	-0.01	0.83	0.71	-0.48	-0.31	0.72	0.25	0.72	0.25	0.76	0.6	0.18	0.32	0.77	0.7	-0.76	-0.44	0.81
Accounts Payable	0.55	0.0	0.79	0.78	0.55	0.79		0.36	0.36	0.61	0.55	-0.39	-0.13	0.57	0.44	0.56	-0.07	0.55	0.43	0.08	0.21	0.79	0.53	-0.62	-0.67	0.63
Cash	0.42	-0.44	0.41	0.23	0.43	0.05	0.36		0.53	0.37	0.48	-0.2	-0.22	0.5	0.56	0.46	0.22	0.41	0.45	0.22	-0.01	0.43	0.41	-0.32	-0.01	0.35
Cash And Short Term Investments	0.19	-0.31	0.06	0.0	0.23	-0.01	0.36	0.53		0.11	0.31	-0.32	0.21	0.27	0.57	0.22	0.15	0.16	0.0	-0.34	-0.09	0.1	0.03	-0.35	0.09	0.06
Common Stock Shares Outstanding	0.98	0.03	0.77	0.91	0.97	0.83	0.61	0.37	0.11		0.96	-0.48	-0.61	0.97	0.44	0.97	0.61	0.98	0.83	0.16	0.25	0.78	0.94	-0.77	-0.06	0.96
Non Current Liabilities Total	0.98	-0.07	0.67	0.79	0.98	0.71	0.55	0.48	0.31	0.96		-0.52	-0.55	0.99	0.51	0.98	0.71	0.97	0.76	0.06	0.23	0.69	0.9	-0.8	0.11	0.88
Other Current Assets	-0.49	0.27	-0.34	-0.46	-0.46	-0.48	-0.39	-0.2	-0.32	-0.48	-0.52		0.25	-0.49	-0.21	-0.43	-0.23	-0.47	-0.36	0.14	-0.15	-0.38	-0.36	0.79	0.1	-0.43
Other Stockholder Equity	-0.57	-0.06	-0.52	-0.51	-0.59	-0.31	-0.13	-0.22	0.21	-0.61	-0.55	0.25		-0.58	-0.1	-0.6	-0.47	-0.58	-0.56	-0.3	-0.05	-0.52	-0.67	0.31	-0.04	-0.63
Total Liab	0.99	-0.06	0.74	0.81	0.99	0.72	0.57	0.5	0.27	0.97	0.99	-0.49	-0.58		0.57	0.99	0.65	0.99	0.82	0.14	0.3	0.76	0.93	-0.75	0.06	0.91
Total Current Assets	0.52	-0.01	0.52	0.33	0.56	0.25	0.44	0.56	0.57	0.44	0.51	-0.21	-0.1	0.57		0.58	0.34	0.51	0.55	0.04	0.58	0.54	0.45	-0.2	0.07	0.45
Short Long Term Debt Total	0.99	0.03	0.75	0.83	1.0	0.72	0.56	0.46	0.22	0.97	0.98	-0.43	-0.6	0.99	0.58		0.66	0.99	0.84	0.13	0.31	0.77	0.94	-0.69	0.06	0.93
Property Plant And Equipment Net	0.64	0.03	0.14	0.32	0.67	0.25	-0.07	0.22	0.15	0.61	0.71	-0.23	-0.47	0.65	0.34	0.66		0.64	0.42	-0.15	0.27	0.17	0.6	-0.43	0.66	0.48
Non Current Assets Total	1.0	0.03	0.73	0.84	0.99	0.76	0.55	0.41	0.16	0.98	0.97	-0.47	-0.58	0.99	0.51	0.99	0.64		0.84	0.12	0.28	0.74	0.95	-0.73	0.05	0.94
Net Receivables	0.84	0.11	0.76	0.77	0.83	0.6	0.43	0.45	0.0	0.83	0.76	-0.36	-0.56	0.82	0.55	0.84	0.42	0.84		0.29	0.25	0.76	0.84	-0.48	-0.09	0.9
Current Deferred Revenue	0.11	-0.52	0.44	0.2	0.11	0.18	0.08	0.22	-0.34	0.16	0.06	0.14	-0.3	0.14	0.04	0.13	-0.15	0.12	0.29		0.22	0.42	0.09	-0.01	-0.31	0.17
Inventory	0.29	0.01	0.37	0.23	0.3	0.32	0.21	-0.01	-0.09	0.25	0.23	-0.15	-0.05	0.3	0.58	0.31	0.27	0.28	0.25	0.22		0.37	0.26	-0.07	0.08	0.19
Short Term Debt	0.73	-0.04	1.0	0.88	0.76	0.77	0.79	0.43	0.1	0.78	0.69	-0.38	-0.52	0.76	0.54	0.77	0.17	0.74	0.76	0.42	0.37		0.76	-0.58	-0.52	0.83
Non Currrent Assets Other	0.94	0.16	0.75	0.84	0.94	0.7	0.53	0.41	0.03	0.94	0.9	-0.36	-0.67	0.93	0.45	0.94	0.6	0.95	0.84	0.09	0.26	0.76		-0.6	0.01	0.93
Intangible Assets	-0.74	0.32	-0.54	-0.73	-0.72	-0.76	-0.62	-0.32	-0.35	-0.77	-0.8	0.79	0.31	-0.75	-0.2	-0.69	-0.43	-0.73	-0.48	-0.01	-0.07	-0.58	-0.6		0.15	-0.67
Good Will	0.07	-0.03	-0.55	-0.43	0.07	-0.44	-0.67	-0.01	0.09	-0.06	0.11	0.1	-0.04	0.06	0.07	0.06	0.66	0.05	-0.09	-0.31	0.08	-0.52	0.01	0.15		-0.19
Common Stock	0.93	0.16	0.83	0.94	0.93	0.81	0.63	0.35	0.06	0.96	0.88	-0.43	-0.63	0.91	0.45	0.93	0.48	0.94	0.9	0.17	0.19	0.83	0.93	-0.67	-0.19

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Plaza Retail Account Relationship Matchups

Plaza Retail fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.1B	1.2B	1.3B	1.3B	678.3M
Other Current Liab	6.5M	7.8M	7.5M	7.2M	7.1M	8.0M
Total Current Liabilities	137.3M	170.4M	144.0M	189.6M	198.7M	208.7M
Total Stockholder Equity	467.1M	422.4M	493.5M	518.9M	546.5M	573.8M
Net Debt	647.3M	672.9M	671.2M	700.9M	661.6M	379.3M
Retained Earnings	190.7M	147.0M	218.0M	243.4M	233.0M	244.7M
Accounts Payable	11.0M	7.0M	11.6M	13.7M	17.2M	19.0M
Cash	8.8M	8.3M	8.1M	7.3M	10.9M	5.7M
Cash And Short Term Investments	8.8M	8.3M	8.1M	7.3M	10.9M	7.5M
Common Stock Shares Outstanding	113.0M	103.0M	113.9M	113.9M	112.0M	85.9M
Liabilities And Stockholders Equity	1.2B	1.1B	1.2B	1.3B	1.3B	678.3M
Non Current Liabilities Total	553.2M	541.8M	572.9M	558.1M	515.7M	337.6M
Other Current Assets	5.4M	3.5M	15.0M	3.4M	3.3M	4.9M
Other Stockholder Equity	(662.2M)	(573.9M)	(218.0M)	(243.4M)	(233.0M)	(221.4M)
Total Liab	690.5M	712.2M	716.9M	747.7M	714.5M	428.0M
Total Current Assets	25.3M	30.3M	24.2M	45.1M	32.9M	22.1M
Short Long Term Debt Total	656.2M	681.1M	679.2M	708.1M	672.5M	401.1M
Property Plant And Equipment Net	1.1B	1.1B	1.1B	1.2B	64.4M	61.2M
Non Current Assets Total	1.1B	1.1B	1.2B	1.2B	1.2B	683.5M
Net Receivables	10.4M	15.4M	12.4M	15.2M	17.6M	9.1M
Current Deferred Revenue	4.1M	3.9M	4.3M	4.6M	4.6M	4.9M
Short Term Debt	115.7M	151.7M	120.7M	164.2M	169.8M	178.3M
Non Currrent Assets Other	1.1B	1.1B	1.1B	1.2B	1.2B	654.9M
Common Stock	276.4M	275.5M	275.5M	275.5M	313.4M	242.9M
Other Liab	7.2M	8.1M	8.8M	8.8M	7.9M	10.2M
Net Tangible Assets	467.1M	422.4M	493.5M	518.9M	596.7M	482.2M
Other Assets	894K	737K	611K	515K	463.5K	440.3K
Long Term Debt	481.3M	463.4M	493.3M	479.6M	439.1M	511.7M
Long Term Investments	49.1M	46.9M	48.7M	51.2M	54.6M	51.5M
Short Long Term Debt	115.0M	150.9M	119.9M	163.3M	169.0M	123.6M
Property Plant Equipment	1.1B	1.1B	1.1B	1.2B	1.3B	1.1B
Net Invested Capital	1.1B	1.0B	1.1B	1.2B	1.2B	1.2B
Net Working Capital	(112.1M)	(140.1M)	(119.8M)	(144.5M)	(165.9M)	(174.2M)
Capital Stock	276.4M	275.5M	275.5M	275.5M	313.4M	310.6M

Pair Trading with Plaza Retail

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

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

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

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

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Plaza Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Plaza Retail fundamental ratios Correlations

Plaza Retail Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plaza Retail fundamental ratios Accounts

Pair Trading with Plaza Retail

Other Information on Investing in Plaza Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Intangible Assets	- 0.8	Non Current Liabilities Total
Intangible Assets	- 0.77	Common Stock Shares Outstanding
Intangible Assets	- 0.76	Retained Earnings
Intangible Assets	- 0.75	Total Liab
Intangible Assets	- 0.74	Total Assets
Intangible Assets	- 0.73	Non Current Assets Total