Postmedia Gross Profit Margin vs Asset Turnover Analysis

PNC-B Stock

CAD 1.19 0.01 0.83%

Postmedia Network financial indicator trend analysis is much more than just breaking down Postmedia Network Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Postmedia Network Canada is a good investment. Please check the relationship between Postmedia Network Gross Profit Margin and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Postmedia Network Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Gross Profit Margin vs Asset Turnover

Gross Profit Margin vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Postmedia Network Canada Gross Profit Margin account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Postmedia Network's Gross Profit Margin and Asset Turnover is -0.56. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Postmedia Network Canada, assuming nothing else is changed. The correlation between historical values of Postmedia Network's Gross Profit Margin and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Postmedia Network Canada are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Gross Profit Margin i.e., Postmedia Network's Gross Profit Margin and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Gross Profit Margin

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from Postmedia Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Postmedia Network Canada 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 Postmedia Network Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Postmedia Network's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 92.40 in 2024, whereas Discontinued Operations is likely to drop slightly above 676.3 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	31.0M	34.0M	37.2M	35.6M
Depreciation And Amortization	20.3M	22.3M	18.5M	35.5M

Interest Expense Depreciation And Amortization

Postmedia Network fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	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	Common Stock
Total Assets		0.77	0.88	0.26	0.82	0.91	0.55	0.73	0.95	-0.27	0.43	1.0	0.7	0.43	0.87	0.78	-0.82	0.91	0.31	-0.12	0.71	0.82	0.58	-0.04	0.99	-0.9
Short Long Term Debt Total	0.77		0.77	0.62	0.29	0.81	0.63	0.99	0.59	0.02	0.23	0.77	0.4	0.23	0.78	0.47	-0.88	0.91	0.46	-0.23	0.41	0.98	0.41	0.42	0.76	-0.8
Other Current Liab	0.88	0.77		0.59	0.58	0.96	0.8	0.74	0.76	-0.27	0.37	0.86	0.5	0.37	0.88	0.54	-0.76	0.78	0.57	0.03	0.52	0.86	0.64	0.31	0.83	-0.78
Total Current Liabilities	0.26	0.62	0.59		-0.25	0.55	0.7	0.64	0.04	-0.07	-0.07	0.24	-0.02	-0.07	0.43	0.02	-0.45	0.32	0.63	0.07	0.06	0.67	0.25	0.95	0.18	-0.33
Total Stockholder Equity	0.82	0.29	0.58	-0.25		0.61	0.18	0.24	0.91	-0.35	0.44	0.82	0.71	0.44	0.59	0.79	-0.46	0.59	0.0	-0.05	0.72	0.36	0.46	-0.51	0.82	-0.65
Property Plant And Equipment Net	0.91	0.81	0.96	0.55	0.61		0.79	0.79	0.76	-0.12	0.41	0.89	0.44	0.41	0.91	0.58	-0.74	0.83	0.62	0.07	0.62	0.88	0.7	0.27	0.86	-0.76
Current Deferred Revenue	0.55	0.63	0.8	0.7	0.18	0.79		0.61	0.31	0.1	0.27	0.49	-0.01	0.27	0.76	0.1	-0.47	0.54	0.85	0.41	0.16	0.71	0.78	0.47	0.46	-0.38
Net Debt	0.73	0.99	0.74	0.64	0.24	0.79	0.61		0.56	0.05	0.11	0.74	0.38	0.11	0.76	0.45	-0.86	0.89	0.47	-0.23	0.41	0.97	0.34	0.46	0.74	-0.78
Retained Earnings	0.95	0.59	0.76	0.04	0.91	0.76	0.31	0.56		-0.42	0.42	0.96	0.84	0.42	0.72	0.85	-0.77	0.81	0.06	-0.24	0.71	0.66	0.43	-0.23	0.96	-0.9
Accounts Payable	-0.27	0.02	-0.27	-0.07	-0.35	-0.12	0.1	0.05	-0.42		-0.22	-0.29	-0.62	-0.22	-0.06	-0.42	0.28	-0.09	0.46	0.24	-0.23	-0.1	0.03	-0.04	-0.27	0.42
Cash	0.43	0.23	0.37	-0.07	0.44	0.41	0.27	0.11	0.42	-0.22		0.39	0.2	1.0	0.25	0.14	-0.27	0.36	0.05	0.04	0.11	0.25	0.6	-0.21	0.38	-0.3
Non Current Assets Total	1.0	0.77	0.86	0.24	0.82	0.89	0.49	0.74	0.96	-0.29	0.39		0.74	0.39	0.85	0.81	-0.85	0.91	0.26	-0.2	0.73	0.82	0.51	-0.04	0.99	-0.92
Non Currrent Assets Other	0.7	0.4	0.5	-0.02	0.71	0.44	-0.01	0.38	0.84	-0.62	0.2	0.74		0.2	0.37	0.77	-0.69	0.6	-0.3	-0.42	0.59	0.46	0.03	-0.18	0.75	-0.83
Cash And Short Term Investments	0.43	0.23	0.37	-0.07	0.44	0.41	0.27	0.11	0.42	-0.22	1.0	0.39	0.2		0.25	0.14	-0.27	0.36	0.05	0.04	0.11	0.25	0.6	-0.21	0.38	-0.3
Net Receivables	0.87	0.78	0.88	0.43	0.59	0.91	0.76	0.76	0.72	-0.06	0.25	0.85	0.37	0.25		0.58	-0.73	0.85	0.56	0.06	0.58	0.85	0.7	0.14	0.84	-0.71
Good Will	0.78	0.47	0.54	0.02	0.79	0.58	0.1	0.45	0.85	-0.42	0.14	0.81	0.77	0.14	0.58		-0.66	0.66	-0.03	-0.38	0.87	0.53	0.2	-0.19	0.8	-0.77
Common Stock Shares Outstanding	-0.82	-0.88	-0.76	-0.45	-0.46	-0.74	-0.47	-0.86	-0.77	0.28	-0.27	-0.85	-0.69	-0.27	-0.73	-0.66		-0.91	-0.21	0.45	-0.45	-0.91	-0.3	-0.23	-0.85	0.96
Non Current Liabilities Total	0.91	0.91	0.78	0.32	0.59	0.83	0.54	0.89	0.81	-0.09	0.36	0.91	0.6	0.36	0.85	0.66	-0.91		0.3	-0.25	0.56	0.92	0.5	0.06	0.93	-0.89
Inventory	0.31	0.46	0.57	0.63	0.0	0.62	0.85	0.47	0.06	0.46	0.05	0.26	-0.3	0.05	0.56	-0.03	-0.21	0.3		0.37	0.13	0.5	0.55	0.47	0.22	-0.1
Other Current Assets	-0.12	-0.23	0.03	0.07	-0.05	0.07	0.41	-0.23	-0.24	0.24	0.04	-0.2	-0.42	0.04	0.06	-0.38	0.45	-0.25	0.37		-0.22	-0.17	0.58	0.05	-0.22	0.41
Other Stockholder Equity	0.71	0.41	0.52	0.06	0.72	0.62	0.16	0.41	0.71	-0.23	0.11	0.73	0.59	0.11	0.58	0.87	-0.45	0.56	0.13	-0.22		0.46	0.23	-0.12	0.69	-0.56
Total Liab	0.82	0.98	0.86	0.67	0.36	0.88	0.71	0.97	0.66	-0.1	0.25	0.82	0.46	0.25	0.85	0.53	-0.91	0.92	0.5	-0.17	0.46		0.5	0.44	0.81	-0.84
Total Current Assets	0.58	0.41	0.64	0.25	0.46	0.7	0.78	0.34	0.43	0.03	0.6	0.51	0.03	0.6	0.7	0.2	-0.3	0.5	0.55	0.58	0.23	0.5		0.01	0.49	-0.3
Short Term Debt	-0.04	0.42	0.31	0.95	-0.51	0.27	0.47	0.46	-0.23	-0.04	-0.21	-0.04	-0.18	-0.21	0.14	-0.19	-0.23	0.06	0.47	0.05	-0.12	0.44	0.01		-0.1	-0.1
Intangible Assets	0.99	0.76	0.83	0.18	0.82	0.86	0.46	0.74	0.96	-0.27	0.38	0.99	0.75	0.38	0.84	0.8	-0.85	0.93	0.22	-0.22	0.69	0.81	0.49	-0.1		-0.92
Common Stock	-0.9	-0.8	-0.78	-0.33	-0.65	-0.76	-0.38	-0.78	-0.9	0.42	-0.3	-0.92	-0.83	-0.3	-0.71	-0.77	0.96	-0.89	-0.1	0.41	-0.56	-0.84	-0.3	-0.1	-0.92

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Postmedia Network Account Relationship Matchups

Postmedia Network fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	336.9M	276.2M	211.4M	169.4M	148.9M	141.5M
Short Long Term Debt Total	320.0M	297.0M	310.0M	342.9M	381.6M	348.9M
Other Current Liab	43.3M	39.9M	25.4M	29.6M	24.2M	23.0M
Total Current Liabilities	109.1M	89.7M	85.8M	89.7M	94.0M	117.5M
Total Stockholder Equity	(164.2M)	(139.7M)	(201.2M)	(272.3M)	(321.8M)	(305.7M)
Property Plant And Equipment Net	131.6M	112.0M	96.8M	75.1M	54.9M	52.1M
Current Deferred Revenue	24.4M	22.4M	21.3M	17.8M	16.7M	21.4M
Net Debt	270.2M	235.0M	297.9M	336.7M	379.2M	328.1M
Retained Earnings	(991.0M)	(967.1M)	(1.0B)	(1.1B)	(1.2B)	(1.1B)
Accounts Payable	11.6M	12.0M	17.9M	16.3M	13.9M	14.0M
Cash	49.8M	62.0M	12.1M	6.2M	2.5M	2.3M
Non Current Assets Total	176.3M	142.7M	118.5M	94.7M	79.1M	75.2M
Non Currrent Assets Other	3.3M	6.9M	3.7M	3.3M	4.4M	4.2M
Cash And Short Term Investments	49.8M	62.0M	12.1M	6.2M	2.5M	2.3M
Net Receivables	65.5M	41.3M	49.1M	46.8M	53.9M	60.0M
Common Stock Shares Outstanding	93.7M	98.8M	95.9M	98.8M	98.9M	58.0M
Liabilities And Stockholders Equity	336.9M	276.2M	211.4M	169.4M	148.9M	141.5M
Non Current Liabilities Total	392.0M	326.2M	326.8M	351.9M	376.7M	400.8M
Inventory	3.3M	3.3M	5.0M	3.4M	2.3M	3.6M
Other Current Assets	42.0M	26.9M	26.7M	18.4M	11.1M	10.5M
Other Stockholder Equity	15.9M	16.6M	18.0M	18.9M	19.5M	18.5M
Total Liab	501.1M	415.9M	412.6M	441.7M	470.7M	518.2M
Total Current Assets	160.6M	133.5M	92.9M	74.7M	69.8M	105.1M
Short Term Debt	29.9M	15.5M	21.3M	26.1M	39.2M	34.2M
Intangible Assets	41.3M	23.8M	17.9M	16.2M	19.9M	18.9M
Other Liab	94.5M	101.9M	44.8M	38.2M	34.4M	32.6M
Net Tangible Assets	(196.8M)	(205.6M)	(163.5M)	(219.2M)	(252.0M)	(264.6M)
Other Assets	2.8M	3.3M	6.9M	3.7M	4.3M	3.7M
Long Term Debt	253.0M	248.3M	260.9M	292.5M	263.3M	273.0M
Short Long Term Debt	20.4M	7.4M	13M	17.8M	16.0M	15.2M
Property Plant Equipment	109.9M	131.6M	112.0M	96.8M	87.2M	137.0M
Net Invested Capital	109.1M	116.0M	72.7M	38.0M	34.2M	32.5M
Net Working Capital	51.5M	43.7M	7.1M	(15.0M)	(17.3M)	(16.4M)

Pair Trading with Postmedia Network

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

Moving against Postmedia Stock

0.72	RY	Royal Bank Earnings Call This Week	Pair Corr
0.66	BOFA	Bank of America	Pair Corr
0.62	RY-PJ	Royal Bank Earnings Call This Week	Pair Corr
0.61	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.59	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr

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

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

Additional Tools for Postmedia Stock Analysis

When running Postmedia Network's price analysis, check to measure Postmedia Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Postmedia Network is operating at the current time. Most of Postmedia Network's value examination focuses on studying past and present price action to predict the probability of Postmedia Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Postmedia Network's price. Additionally, you may evaluate how the addition of Postmedia Network to your portfolios can decrease your overall portfolio volatility.

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