Pizza Other Non Cash Items vs Sale Purchase Of Stock 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 Other Non Cash Items and its Sale Purchase Of Stock 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.
Other Non Cash Items vs Sale Purchase Of Stock
Other Non Cash Items vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pizza Pizza Royalty Other Non Cash Items account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pizza Pizza's Other Non Cash Items and Sale Purchase Of Stock is -0.14. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Sale Purchase Of Stock 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 Other Non Cash Items and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Pizza Pizza Royalty are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Other Non Cash Items i.e., Pizza Pizza's Other Non Cash Items and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Sale Purchase Of Stock
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 Revenue | 31.9M | 36.4M | 40.2M | 69.2M | EBIT | 31.4M | 38.1M | 42.9M | 38.2M |
Pizza Pizza fundamental ratios Correlations
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Pizza Pizza Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pizza Pizza fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 359.0M | 361.5M | 363.1M | 367.8M | 370.1M | 335.3M | |
Other Current Liab | 3.0M | 2.3M | 2.7M | 4.0M | 2.8M | 3.1M | |
Total Current Liabilities | 3.1M | 2.4M | 2.8M | 4.1M | 4.3M | 3.3M | |
Total Stockholder Equity | 287.5M | 288.4M | 290.2M | 292.4M | 293.9M | 276.2M | |
Retained Earnings | (36.2M) | (34.8M) | (34.6M) | (34.5M) | (34.5M) | (32.7M) | |
Net Receivables | 3.4M | 2.8M | 3.2M | 3.6M | 4.0M | 3.3M | |
Common Stock Shares Outstanding | 31.2M | 31.7M | 32.0M | 32.2M | 32.3M | 32.5M | |
Liabilities And Stockholders Equity | 359.0M | 361.5M | 363.1M | 367.8M | 370.1M | 335.3M | |
Other Stockholder Equity | 70.3M | 77.5M | 80.9M | 82.8M | 74.6M | 101.3M | |
Total Liab | 71.5M | 73.1M | 72.8M | 75.4M | 76.2M | 59.1M | |
Total Current Assets | 6.7M | 7.8M | 9.3M | 11.6M | 12.5M | 12.1M | |
Non Current Assets Total | 348.6M | 352.3M | 353.7M | 356.2M | 357.5M | 336.4M | |
Non Currrent Assets Other | 204K | 510K | (353.7M) | 2.5M | 2.3M | 2.4M | |
Non Current Liabilities Total | 68.5M | 70.7M | 70.0M | 71.3M | 71.9M | 66.3M | |
Accumulated Other Comprehensive Income | 664K | (1.7M) | (73K) | 2.0M | 1.3M | 1.4M | |
Short Long Term Debt Total | 49.7M | 46.9M | 46.9M | 47.0M | 47.0M | 52.6M | |
Net Debt | 46.4M | 44.7M | 44.3M | 45.0M | 44.5M | 48.7M | |
Cash | 535K | 2.3M | 2.7M | 1.9M | 2.5M | 2.1M | |
Cash And Short Term Investments | 3.3M | 5M | 6.2M | 7.9M | 8.5M | 5.9M | |
Intangible Assets | 341.1M | 348.4M | 351.8M | 353.7M | 355.9M | 373.7M | |
Other Liab | 21.5M | 23.8M | 23.1M | 24.4M | 28.0M | 20.4M | |
Net Tangible Assets | (64.4M) | (65.3M) | (63.5M) | (61.3M) | (55.2M) | (57.9M) | |
Long Term Debt | 46.9M | 46.9M | 46.9M | 47.0M | 47.0M | 37.9M | |
Long Term Debt Total | 46.9M | 46.9M | 46.9M | 47.0M | 42.3M | 37.6M | |
Other Assets | 204K | 510K | 0.0 | 2.5M | 2.9M | 3.1M | |
Net Invested Capital | 334.4M | 335.3M | 337.2M | 339.4M | 340.9M | 368.7M | |
Net Working Capital | 3.6M | 5.4M | 6.5M | 7.5M | 8.2M | 6.4M |
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
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.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.