Pizza Free Cash Flow vs Dividends Paid Analysis

PZA Stock  CAD 13.34  0.06  0.45%   
Pizza Pizza financial indicator trend analysis is much more than just breaking down Pizza Pizza Royalty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pizza Pizza Royalty is a good investment. Please check the relationship between Pizza Pizza Free Cash Flow and its Dividends Paid accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pizza Pizza Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Dividends Paid

Free Cash Flow vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pizza Pizza Royalty Free Cash Flow account and Dividends Paid. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pizza Pizza's Free Cash Flow and Dividends Paid is 0.98. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Pizza Pizza Royalty, assuming nothing else is changed. The correlation between historical values of Pizza Pizza's Free Cash Flow and Dividends Paid 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 of Pizza Pizza Royalty are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Free Cash Flow i.e., Pizza Pizza's Free Cash Flow and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Pizza Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pizza Pizza Royalty 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 Pizza Pizza Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Pizza Pizza's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 26.17, while Selling General Administrative is likely to drop about 490.3 K.
 2021 2022 2023 2024 (projected)
Total Revenue31.9M36.4M40.2M69.2M
EBIT31.4M38.1M42.9M38.2M

Pizza Pizza fundamental ratios Correlations

0.570.620.77-0.76-0.940.95-0.490.67-0.951.0-0.250.630.140.50.02-0.59-0.070.470.470.390.55-0.49-0.140.09-0.21
0.570.940.06-0.17-0.50.450.240.83-0.480.570.130.830.050.150.07-0.140.240.170.140.090.16-0.12-0.10.14-0.09
0.620.940.12-0.24-0.510.50.170.82-0.490.610.110.820.040.160.29-0.150.40.240.360.380.3-0.07-0.110.34-0.24
0.770.060.12-0.92-0.710.87-0.90.04-0.750.77-0.22-0.020.240.750.04-0.85-0.20.630.60.480.68-0.62-0.250.07-0.31
-0.76-0.17-0.24-0.920.62-0.880.79-0.110.66-0.760.27-0.07-0.4-0.81-0.110.880.13-0.8-0.77-0.6-0.870.820.37-0.040.41
-0.94-0.5-0.51-0.710.62-0.890.49-0.651.0-0.950.16-0.61-0.16-0.440.030.490.24-0.29-0.26-0.19-0.290.30.140.050.14
0.950.450.50.87-0.88-0.89-0.610.47-0.910.96-0.290.440.320.710.17-0.72-0.080.680.620.50.68-0.59-0.380.09-0.42
-0.490.240.17-0.90.790.49-0.610.280.54-0.490.020.34-0.2-0.650.090.790.34-0.41-0.48-0.36-0.510.530.10.070.14
0.670.830.820.04-0.11-0.650.470.28-0.610.67-0.141.0-0.07-0.10.00.070.130.00.040.040.06-0.040.070.060.04
-0.95-0.48-0.49-0.750.661.0-0.910.54-0.61-0.960.15-0.57-0.18-0.490.040.550.26-0.32-0.3-0.22-0.330.350.140.060.14
1.00.570.610.77-0.76-0.950.96-0.490.67-0.96-0.260.630.180.520.04-0.6-0.090.490.470.380.55-0.49-0.190.07-0.24
-0.250.130.11-0.220.270.16-0.290.02-0.140.15-0.26-0.140.06-0.06-0.060.06-0.07-0.37-0.2-0.15-0.370.320.15-0.120.18
0.630.830.82-0.02-0.07-0.610.440.341.0-0.570.63-0.14-0.03-0.10.050.110.150.020.040.040.04-0.010.010.06-0.01
0.140.050.040.24-0.4-0.160.32-0.2-0.07-0.180.180.06-0.030.690.39-0.45-0.30.560.40.260.3-0.36-0.79-0.27-0.61
0.50.150.160.75-0.81-0.440.71-0.65-0.1-0.490.52-0.06-0.10.690.31-0.9-0.270.810.630.480.64-0.63-0.69-0.11-0.62
0.020.070.290.04-0.110.030.170.090.00.040.04-0.060.050.390.310.00.50.510.610.740.330.2-0.690.55-0.9
-0.59-0.14-0.15-0.850.880.49-0.720.790.070.55-0.60.060.11-0.45-0.90.00.36-0.67-0.59-0.42-0.680.750.310.150.3
-0.070.240.4-0.20.130.24-0.080.340.130.26-0.09-0.070.15-0.3-0.270.50.360.190.340.470.280.24-0.090.85-0.34
0.470.170.240.63-0.8-0.290.68-0.410.0-0.320.49-0.370.020.560.810.51-0.670.190.840.710.88-0.68-0.740.23-0.78
0.470.140.360.6-0.77-0.260.62-0.480.04-0.30.47-0.20.040.40.630.61-0.590.340.840.950.92-0.56-0.490.4-0.7
0.390.090.380.48-0.6-0.190.5-0.360.04-0.220.38-0.150.040.260.480.74-0.420.470.710.950.8-0.29-0.410.58-0.73
0.550.160.30.68-0.87-0.290.68-0.510.06-0.330.55-0.370.040.30.640.33-0.680.280.880.920.8-0.77-0.380.33-0.53
-0.49-0.12-0.07-0.620.820.3-0.590.53-0.040.35-0.490.32-0.01-0.36-0.630.20.750.24-0.68-0.56-0.29-0.770.220.290.12
-0.14-0.1-0.11-0.250.370.14-0.380.10.070.14-0.190.150.01-0.79-0.69-0.690.31-0.09-0.74-0.49-0.41-0.380.22-0.080.89
0.090.140.340.07-0.040.050.090.070.060.060.07-0.120.06-0.27-0.110.550.150.850.230.40.580.330.29-0.08-0.4
-0.21-0.09-0.24-0.310.410.14-0.420.140.040.14-0.240.18-0.01-0.61-0.62-0.90.3-0.34-0.78-0.7-0.73-0.530.120.89-0.4
Click cells to compare fundamentals

Pizza Pizza Account Relationship Matchups

Pizza Pizza fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets359.0M361.5M363.1M367.8M370.1M335.3M
Other Current Liab3.0M2.3M2.7M4.0M2.8M3.1M
Total Current Liabilities3.1M2.4M2.8M4.1M4.3M3.3M
Total Stockholder Equity287.5M288.4M290.2M292.4M293.9M276.2M
Retained Earnings(36.2M)(34.8M)(34.6M)(34.5M)(34.5M)(32.7M)
Net Receivables3.4M2.8M3.2M3.6M4.0M3.3M
Common Stock Shares Outstanding31.2M31.7M32.0M32.2M32.3M32.5M
Liabilities And Stockholders Equity359.0M361.5M363.1M367.8M370.1M335.3M
Other Stockholder Equity70.3M77.5M80.9M82.8M74.6M101.3M
Total Liab71.5M73.1M72.8M75.4M76.2M59.1M
Total Current Assets6.7M7.8M9.3M11.6M12.5M12.1M
Non Current Assets Total348.6M352.3M353.7M356.2M357.5M336.4M
Non Currrent Assets Other204K510K(353.7M)2.5M2.3M2.4M
Non Current Liabilities Total68.5M70.7M70.0M71.3M71.9M66.3M
Accumulated Other Comprehensive Income664K(1.7M)(73K)2.0M1.3M1.4M
Short Long Term Debt Total49.7M46.9M46.9M47.0M47.0M52.6M
Net Debt46.4M44.7M44.3M45.0M44.5M48.7M
Cash535K2.3M2.7M1.9M2.5M2.1M
Cash And Short Term Investments3.3M5M6.2M7.9M8.5M5.9M
Intangible Assets341.1M348.4M351.8M353.7M355.9M373.7M
Other Liab21.5M23.8M23.1M24.4M28.0M20.4M
Net Tangible Assets(64.4M)(65.3M)(63.5M)(61.3M)(55.2M)(57.9M)
Long Term Debt46.9M46.9M46.9M47.0M47.0M37.9M
Long Term Debt Total46.9M46.9M46.9M47.0M42.3M37.6M
Other Assets204K510K0.02.5M2.9M3.1M
Net Invested Capital334.4M335.3M337.2M339.4M340.9M368.7M
Net Working Capital3.6M5.4M6.5M7.5M8.2M6.4M

Pair Trading with Pizza Pizza

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

Moving against Pizza Stock

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The ability to find closely correlated positions to Pizza Pizza could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pizza Pizza 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 Pizza Pizza - 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 Pizza Pizza Royalty to buy it.
The correlation of Pizza Pizza 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 Pizza Pizza moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pizza Pizza Royalty 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 Pizza Pizza 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 CorrelationCorrelation Matching

Other Information on Investing in Pizza Stock

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