Pro Non Current Liabilities Total vs Other Stockholder Equity Analysis
PRV-UN Stock | CAD 5.74 0.14 2.50% |
Pro Real financial indicator trend analysis is much more than just breaking down Pro Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pro Real Estate is a good investment. Please check the relationship between Pro Real Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pro Real Estate. 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.
Non Current Liabilities Total vs Other Stockholder Equity
Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pro Real Estate Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Pro Real's Non Current Liabilities Total and Other Stockholder Equity is -0.71. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Pro Real Estate, assuming nothing else is changed. The correlation between historical values of Pro Real's Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Pro Real Estate are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Pro Real's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Other Stockholder Equity
Most indicators from Pro Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pro Real Estate 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 Pro Real Estate. 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, Pro Real's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Issuance Of Capital Stock is forecasted to decline to about 70.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 46.3M | 57.7M | 57.9M | 31.4M | Total Revenue | 77.7M | 97.2M | 99.9M | 52.5M |
Pro Real fundamental ratios Correlations
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Pro Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pro Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 634.7M | 634.5M | 990.0M | 1.0B | 1.0B | 1.1B | |
Total Stockholder Equity | 235.6M | 243.2M | 429.7M | 487.7M | 488.0M | 512.4M | |
Net Debt | 356.9M | 358.5M | 516.8M | 506.8M | 500.6M | 525.7M | |
Retained Earnings | 4.1M | 6.3M | 66.7M | 124.6M | 123.9M | 130.1M | |
Cash | 5.3M | 6.3M | 5.9M | 7.5M | 13.3M | 13.9M | |
Cash And Short Term Investments | 5.3M | 6.3M | 5.9M | 7.5M | 13.3M | 13.9M | |
Liabilities And Stockholders Equity | 634.7M | 634.5M | 990.0M | 1.0B | 1.0B | 1.1B | |
Other Stockholder Equity | (4.1M) | (6.3M) | (66.7M) | (124.6M) | (123.9M) | (117.7M) | |
Total Current Assets | 11.7M | 10.4M | 10.2M | 13.2M | 19.4M | 20.3M | |
Other Current Liab | 6.2M | 4.3M | 7.1M | 6.9M | 8.3M | 4.1M | |
Total Current Liabilities | 51.0M | 51.3M | 53.8M | 118.4M | 84.0M | 44.6M | |
Common Stock Shares Outstanding | 35.5M | 40.9M | 50.0M | 61.9M | 61.4M | 64.5M | |
Total Liab | 399.1M | 391.3M | 560.3M | 548.2M | 546.6M | 293.5M | |
Short Long Term Debt Total | 362.2M | 364.7M | 522.8M | 514.3M | 513.9M | 320.4M | |
Property Plant And Equipment Net | 1.1M | 1.2M | 1.1M | 1.1M | 1.5M | 1.4M | |
Non Current Assets Total | 623.0M | 624.1M | 979.8M | 1.0B | 1.0B | 578.0M | |
Non Currrent Assets Other | 617.2M | 618.5M | 974.7M | 1.0B | 1.0B | 505.6M | |
Net Receivables | 4.9M | 2.9M | 2.1M | 3.3M | 3.3M | 3.0M | |
Non Current Liabilities Total | 348.1M | 340.0M | 506.4M | 429.9M | 462.6M | 294.2M | |
Other Current Assets | (10.2M) | (9.2M) | (8.1M) | (10.8M) | (16.6M) | (15.8M) | |
Short Term Debt | 39.6M | 41.0M | 36.1M | 101.7M | 62.7M | 41.8M | |
Common Stock | 231.5M | 236.9M | 363.0M | 363.1M | 364.2M | 204.6M | |
Current Deferred Revenue | 3.3M | 3.7M | 5.9M | 6.6M | 6.6M | 3.5M | |
Other Liab | 3.5M | 6.5M | 7.1M | 10.2M | 11.7M | 5.9M | |
Net Tangible Assets | 179.2M | 230.9M | 238.8M | 425.7M | 489.6M | 514.0M | |
Long Term Debt | 322.6M | 323.7M | 486.7M | 412.6M | 451.2M | 352.5M | |
Short Long Term Debt | 39.6M | 41.0M | 36.1M | 101.7M | 62.7M | 53.2M | |
Non Current Liabilities Other | 19.0M | 9.2M | 9.6M | 8.3M | 6.5M | 9.2M | |
Property Plant Equipment | 618.3M | 619.7M | 975.8M | 1.0B | 1.2B | 681.3M | |
Net Invested Capital | 597.8M | 607.9M | 952.5M | 1.0B | 1.0B | 783.0M | |
Net Working Capital | (39.3M) | (40.9M) | (43.6M) | (105.2M) | (64.6M) | (67.8M) | |
Capital Stock | 231.5M | 236.9M | 363.0M | 363.1M | 364.2M | 317.8M | |
Intangible Assets | 2.4M | 2.0M | 1.6M | 1.3M | 949K | 1.5M |
Pair Trading with Pro Real
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 Pro Real 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 Pro Real will appreciate offsetting losses from the drop in the long position's value.Moving against Pro Stock
The ability to find closely correlated positions to Pro Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pro Real 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 Pro Real - 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 Pro Real Estate to buy it.
The correlation of Pro Real 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 Pro Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pro Real Estate 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 Pro Real 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.Other Information on Investing in Pro Stock
Balance Sheet is a snapshot of the financial position of Pro Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Pro Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pro Real 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 Pro currently owns. An asset can also be divided into two categories, current and non-current.