Pro Total Stockholder Equity vs Cash And Short Term Investments 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 Total Stockholder Equity and its Cash And Short Term Investments 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.

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pro Real Estate Total Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Pro Real's Total Stockholder Equity and Cash And Short Term Investments is 0.93. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Total Stockholder Equity and Cash And Short Term Investments 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 Stockholder Equity of Pro Real Estate are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Pro Real's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Pro Real Estate balance sheet. This account contains Pro Real investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pro Real Estate fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Gross Profit Total Revenue

Pro Real fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Other Stockholder Equity	Total Current Assets	Other Current Liab	Total Current Liabilities	Common Stock Shares Outstanding	Total Liab	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Inventory	Other Liab	Net Tangible Assets
Total Assets		0.99	1.0	0.86	0.91	0.91	-0.86	0.93	0.91	0.86	0.99	0.93	0.95	-0.66	0.81	0.95	0.91	0.69	0.94	-0.88	0.81	0.94	0.94	-0.22	0.91	0.96
Total Stockholder Equity	0.99		0.97	0.91	0.93	0.93	-0.91	0.92	0.87	0.84	0.99	0.89	0.92	-0.6	0.85	0.93	0.9	0.61	0.91	-0.9	0.81	0.93	0.94	-0.28	0.91	0.98
Net Debt	1.0	0.97		0.8	0.89	0.89	-0.8	0.93	0.93	0.86	0.99	0.95	0.96	-0.7	0.76	0.95	0.91	0.73	0.96	-0.85	0.81	0.95	0.94	-0.17	0.9	0.93
Retained Earnings	0.86	0.91	0.8		0.87	0.87	-1.0	0.8	0.66	0.71	0.86	0.67	0.72	-0.38	0.88	0.76	0.74	0.34	0.69	-0.82	0.72	0.75	0.8	-0.34	0.78	0.93
Cash	0.91	0.93	0.89	0.87		1.0	-0.86	0.97	0.76	0.71	0.93	0.75	0.79	-0.52	0.89	0.8	0.75	0.6	0.78	-0.92	0.69	0.79	0.81	-0.27	0.79	0.93
Cash And Short Term Investments	0.91	0.93	0.89	0.87	1.0		-0.86	0.97	0.76	0.71	0.93	0.75	0.79	-0.52	0.89	0.8	0.75	0.6	0.78	-0.92	0.69	0.79	0.81	-0.27	0.79	0.93
Other Stockholder Equity	-0.86	-0.91	-0.8	-1.0	-0.86	-0.86		-0.8	-0.68	-0.74	-0.86	-0.69	-0.74	0.38	-0.87	-0.78	-0.76	-0.34	-0.71	0.82	-0.74	-0.76	-0.81	0.34	-0.8	-0.93
Total Current Assets	0.93	0.92	0.93	0.8	0.97	0.97	-0.8		0.85	0.79	0.94	0.82	0.84	-0.68	0.79	0.83	0.76	0.77	0.84	-0.85	0.75	0.82	0.83	-0.08	0.78	0.88
Other Current Liab	0.91	0.87	0.93	0.66	0.76	0.76	-0.68	0.85		0.9	0.89	0.98	0.97	-0.73	0.61	0.96	0.92	0.81	0.97	-0.73	0.82	0.96	0.94	-0.04	0.9	0.8
Total Current Liabilities	0.86	0.84	0.86	0.71	0.71	0.71	-0.74	0.79	0.9		0.87	0.91	0.91	-0.63	0.51	0.91	0.88	0.75	0.87	-0.67	0.98	0.9	0.91	-0.06	0.84	0.76
Common Stock Shares Outstanding	0.99	0.99	0.99	0.86	0.93	0.93	-0.86	0.94	0.89	0.87		0.91	0.94	-0.65	0.8	0.94	0.9	0.69	0.92	-0.9	0.83	0.93	0.94	-0.24	0.9	0.96
Total Liab	0.93	0.89	0.95	0.67	0.75	0.75	-0.69	0.82	0.98	0.91	0.91		0.99	-0.71	0.61	0.99	0.94	0.76	0.99	-0.75	0.84	0.99	0.97	-0.12	0.93	0.82
Short Long Term Debt Total	0.95	0.92	0.96	0.72	0.79	0.79	-0.74	0.84	0.97	0.91	0.94	0.99		-0.66	0.66	1.0	0.96	0.73	1.0	-0.8	0.85	1.0	0.98	-0.18	0.96	0.87
Property Plant And Equipment Net	-0.66	-0.6	-0.7	-0.38	-0.52	-0.52	0.38	-0.68	-0.73	-0.63	-0.65	-0.71	-0.66		-0.28	-0.63	-0.56	-0.78	-0.68	0.4	-0.53	-0.62	-0.57	-0.36	-0.49	-0.47
Accounts Payable	0.81	0.85	0.76	0.88	0.89	0.89	-0.87	0.79	0.61	0.51	0.8	0.61	0.66	-0.28		0.69	0.67	0.27	0.66	-0.84	0.48	0.68	0.72	-0.39	0.74	0.92
Non Current Assets Total	0.95	0.93	0.95	0.76	0.8	0.8	-0.78	0.83	0.96	0.91	0.94	0.99	1.0	-0.63	0.69		0.97	0.68	0.99	-0.81	0.86	1.0	0.99	-0.22	0.97	0.88
Non Currrent Assets Other	0.91	0.9	0.91	0.74	0.75	0.75	-0.76	0.76	0.92	0.88	0.9	0.94	0.96	-0.56	0.67	0.97		0.59	0.95	-0.83	0.82	0.97	0.97	-0.33	0.96	0.87
Net Receivables	0.69	0.61	0.73	0.34	0.6	0.6	-0.34	0.77	0.81	0.75	0.69	0.76	0.73	-0.78	0.27	0.68	0.59		0.73	-0.48	0.7	0.68	0.63	0.31	0.54	0.49
Non Current Liabilities Total	0.94	0.91	0.96	0.69	0.78	0.78	-0.71	0.84	0.97	0.87	0.92	0.99	1.0	-0.68	0.66	0.99	0.95	0.73		-0.79	0.8	0.99	0.97	-0.17	0.95	0.85
Other Current Assets	-0.88	-0.9	-0.85	-0.82	-0.92	-0.92	0.82	-0.85	-0.73	-0.67	-0.9	-0.75	-0.8	0.4	-0.84	-0.81	-0.83	-0.48	-0.79		-0.65	-0.82	-0.84	0.55	-0.87	-0.93
Short Term Debt	0.81	0.81	0.81	0.72	0.69	0.69	-0.74	0.75	0.82	0.98	0.83	0.84	0.85	-0.53	0.48	0.86	0.82	0.7	0.8	-0.65		0.84	0.87	-0.09	0.79	0.73
Common Stock	0.94	0.93	0.95	0.75	0.79	0.79	-0.76	0.82	0.96	0.9	0.93	0.99	1.0	-0.62	0.68	1.0	0.97	0.68	0.99	-0.82	0.84		0.99	-0.23	0.97	0.88
Current Deferred Revenue	0.94	0.94	0.94	0.8	0.81	0.81	-0.81	0.83	0.94	0.91	0.94	0.97	0.98	-0.57	0.72	0.99	0.97	0.63	0.97	-0.84	0.87	0.99		-0.28	0.98	0.9
Inventory	-0.22	-0.28	-0.17	-0.34	-0.27	-0.27	0.34	-0.08	-0.04	-0.06	-0.24	-0.12	-0.18	-0.36	-0.39	-0.22	-0.33	0.31	-0.17	0.55	-0.09	-0.23	-0.28		-0.41	-0.4
Other Liab	0.91	0.91	0.9	0.78	0.79	0.79	-0.8	0.78	0.9	0.84	0.9	0.93	0.96	-0.49	0.74	0.97	0.96	0.54	0.95	-0.87	0.79	0.97	0.98	-0.41		0.89
Net Tangible Assets	0.96	0.98	0.93	0.93	0.93	0.93	-0.93	0.88	0.8	0.76	0.96	0.82	0.87	-0.47	0.92	0.88	0.87	0.49	0.85	-0.93	0.73	0.88	0.9	-0.4	0.89

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Pro Real Account Relationship Matchups

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

0.46

AEMC

Alaska Energy Metals

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Pro Total Stockholder Equity vs Cash And Short Term Investments Analysis

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Cash And Short Term Investments

Pro Real fundamental ratios Correlations

Pro Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pro Real fundamental ratios Accounts

Pair Trading with Pro Real

Moving against Pro Stock

Other Information on Investing in Pro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Non Current Assets Total

Other Stockholder Equity	- 1.0	Retained Earnings
Net Tangible Assets	- 0.93	Other Current Assets
Net Tangible Assets	- 0.93	Other Stockholder Equity
Other Current Assets	- 0.92	Cash And Short Term Investments
Other Current Assets	- 0.92	Cash
Other Stockholder Equity	- 0.91	Total Stockholder Equity