RioCan Capex To Depreciation vs Pb Ratio Analysis

REI-UN Stock

CAD 18.92 0.16 0.84%

RioCan Real financial indicator trend analysis is much more than just breaking down RioCan Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RioCan Real Estate is a good investment. Please check the relationship between RioCan Real Capex To Depreciation and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RioCan 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.

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RioCan Real Estate Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between RioCan Real's Capex To Depreciation and Pb Ratio is -0.07. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of RioCan Real Estate, assuming nothing else is changed. The correlation between historical values of RioCan Real's Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of RioCan Real Estate are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., RioCan Real's Capex To Depreciation and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Pb Ratio

Most indicators from RioCan Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RioCan 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 RioCan 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, RioCan Real's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.8 B, whereas Selling General Administrative is forecasted to decline to about 31.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	689.9M	700.5M	736.8M	589.0M
Total Revenue	1.2B	1.2B	1.2B	835.3M

Gross Profit Total Revenue

RioCan Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Total Current Assets	Total Current Liabilities	Accounts Payable	Short Term Debt	Other Current Liab	Other Current Assets	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.99	0.16	0.98	0.13	-0.03	0.97	0.95	-0.63	0.99	-0.16	0.94	0.72	0.95	0.72	-0.03	0.4	0.64	-0.65	0.43	0.49	0.28	-0.25	0.69	0.21
Short Long Term Debt Total	0.98		0.96	0.29	1.0	0.12	0.09	0.96	0.97	-0.52	0.98	-0.11	0.94	0.78	0.97	0.78	0.09	0.28	0.59	-0.66	0.46	0.39	0.13	-0.35	0.7	0.09
Total Stockholder Equity	0.99	0.96		0.09	0.96	0.16	-0.1	0.97	0.91	-0.62	0.95	-0.2	0.95	0.67	0.95	0.67	-0.1	0.34	0.64	-0.68	0.46	0.43	0.25	-0.19	0.67	0.27
Property Plant And Equipment Net	0.16	0.29	0.09		0.28	0.11	0.53	0.13	0.25	0.19	0.24	0.14	0.22	0.4	0.3	0.4	0.53	-0.16	0.19	0.01	0.35	-0.06	-0.4	-0.93	0.43	-0.74
Net Debt	0.98	1.0	0.96	0.28		0.11	0.09	0.96	0.96	-0.53	0.98	-0.11	0.94	0.76	0.97	0.76	0.09	0.29	0.59	-0.67	0.47	0.39	0.13	-0.35	0.7	0.09
Non Currrent Assets Other	0.13	0.12	0.16	0.11	0.11		0.08	0.09	0.14	0.03	0.09	-0.11	0.22	0.28	0.16	0.28	-0.08	-0.15	-0.15	-0.29	-0.1	-0.11	-0.11	-0.15	0.0	-0.07
Other Assets	-0.03	0.09	-0.1	0.53	0.09	0.08		0.08	0.14	0.13	0.04	0.16	0.05	0.32	0.13	0.32	0.77	-0.13	-0.18	-0.23	-0.01	-0.03	-0.38	-0.42	0.12	-0.35
Common Stock Shares Outstanding	0.97	0.96	0.97	0.13	0.96	0.09	0.08		0.93	-0.63	0.95	-0.07	0.96	0.73	0.95	0.73	0.0	0.33	0.57	-0.76	0.43	0.45	0.21	-0.18	0.63	0.24
Non Current Liabilities Total	0.95	0.97	0.91	0.25	0.96	0.14	0.14	0.93		-0.59	0.97	-0.02	0.89	0.78	0.9	0.78	0.07	0.41	0.46	-0.63	0.23	0.51	0.27	-0.28	0.58	0.14
Other Stockholder Equity	-0.63	-0.52	-0.62	0.19	-0.53	0.03	0.13	-0.63	-0.59		-0.63	0.09	-0.54	-0.33	-0.47	-0.33	0.2	-0.8	-0.49	0.32	-0.02	-0.79	-0.75	-0.14	-0.36	-0.53
Total Liab	0.99	0.98	0.95	0.24	0.98	0.09	0.04	0.95	0.97	-0.63		-0.13	0.9	0.75	0.93	0.75	0.06	0.46	0.64	-0.58	0.38	0.55	0.31	-0.32	0.69	0.14
Property Plant And Equipment Gross	-0.16	-0.11	-0.2	0.14	-0.11	-0.11	0.16	-0.07	-0.02	0.09	-0.13		0.0	-0.02	-0.23	-0.02	-0.14	-0.18	-0.46	-0.23	-0.36	0.0	-0.08	0.22	-0.57	-0.15
Retained Earnings	0.94	0.94	0.95	0.22	0.94	0.22	0.05	0.96	0.89	-0.54	0.9	0.0		0.7	0.94	0.7	-0.07	0.17	0.51	-0.79	0.46	0.3	0.08	-0.24	0.59	0.12
Cash	0.72	0.78	0.67	0.4	0.76	0.28	0.32	0.73	0.78	-0.33	0.75	-0.02	0.7		0.74	1.0	0.26	0.2	0.35	-0.58	0.31	0.26	-0.01	-0.41	0.52	-0.1
Non Current Assets Total	0.95	0.97	0.95	0.3	0.97	0.16	0.13	0.95	0.9	-0.47	0.93	-0.23	0.94	0.74		0.74	0.14	0.19	0.63	-0.67	0.58	0.29	0.03	-0.41	0.78	0.08
Cash And Short Term Investments	0.72	0.78	0.67	0.4	0.76	0.28	0.32	0.73	0.78	-0.33	0.75	-0.02	0.7	1.0	0.74		0.26	0.2	0.35	-0.58	0.31	0.26	-0.01	-0.41	0.52	-0.1
Net Receivables	-0.03	0.09	-0.1	0.53	0.09	-0.08	0.77	0.0	0.07	0.2	0.06	-0.14	-0.07	0.26	0.14	0.26		-0.09	0.11	-0.04	0.26	-0.05	-0.43	-0.52	0.44	-0.36
Total Current Assets	0.4	0.28	0.34	-0.16	0.29	-0.15	-0.13	0.33	0.41	-0.8	0.46	-0.18	0.17	0.2	0.19	0.2	-0.09		0.47	0.11	-0.19	0.96	0.92	0.09	0.26	0.35
Total Current Liabilities	0.64	0.59	0.64	0.19	0.59	-0.15	-0.18	0.57	0.46	-0.49	0.64	-0.46	0.51	0.35	0.63	0.35	0.11	0.47		-0.13	0.76	0.49	0.28	-0.37	0.84	0.03
Accounts Payable	-0.65	-0.66	-0.68	0.01	-0.67	-0.29	-0.23	-0.76	-0.63	0.32	-0.58	-0.23	-0.79	-0.58	-0.67	-0.58	-0.04	0.11	-0.13		-0.27	-0.06	0.16	-0.09	-0.24	-0.2
Short Term Debt	0.43	0.46	0.46	0.35	0.47	-0.1	-0.01	0.43	0.23	-0.02	0.38	-0.36	0.46	0.31	0.58	0.31	0.26	-0.19	0.76	-0.27		-0.15	-0.38	-0.48	0.77	-0.2
Other Current Liab	0.49	0.39	0.43	-0.06	0.39	-0.11	-0.03	0.45	0.51	-0.79	0.55	0.0	0.3	0.26	0.29	0.26	-0.05	0.96	0.49	-0.06	-0.15		0.87	0.06	0.26	0.31
Other Current Assets	0.28	0.13	0.25	-0.4	0.13	-0.11	-0.38	0.21	0.27	-0.75	0.31	-0.08	0.08	-0.01	0.03	-0.01	-0.43	0.92	0.28	0.16	-0.38	0.87		0.35	-0.02	0.51
Intangible Assets	-0.25	-0.35	-0.19	-0.93	-0.35	-0.15	-0.42	-0.18	-0.28	-0.14	-0.32	0.22	-0.24	-0.41	-0.41	-0.41	-0.52	0.09	-0.37	-0.09	-0.48	0.06	0.35		-0.63	0.68
Common Stock Total Equity	0.69	0.7	0.67	0.43	0.7	0.0	0.12	0.63	0.58	-0.36	0.69	-0.57	0.59	0.52	0.78	0.52	0.44	0.26	0.84	-0.24	0.77	0.26	-0.02	-0.63		-0.1
Common Stock	0.21	0.09	0.27	-0.74	0.09	-0.07	-0.35	0.24	0.14	-0.53	0.14	-0.15	0.12	-0.1	0.08	-0.1	-0.36	0.35	0.03	-0.2	-0.2	0.31	0.51	0.68	-0.1

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RioCan Real Account Relationship Matchups

RioCan Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.2B	15.3B	15.2B	15.1B	14.8B	8.8B
Short Long Term Debt Total	6.4B	7.0B	6.7B	6.8B	6.9B	4.2B
Total Stockholder Equity	8.3B	7.7B	7.9B	7.7B	7.4B	4.3B
Property Plant And Equipment Net	14.4B	14.1B	14.0B	13.8B	13.6B	14.2B
Net Debt	6.3B	6.7B	6.6B	6.7B	6.8B	4.1B
Non Currrent Assets Other	14.6B	186.5M	219.3M	291.8M	334.7M	351.4M
Other Assets	270.5M	252.1M	309.4M	373.0M	335.7M	664.9M
Common Stock Shares Outstanding	314.0M	307.8M	317.7M	317.3M	300.5M	233.8M
Liabilities And Stockholders Equity	15.2B	15.3B	15.2B	15.1B	14.8B	8.8B
Non Current Liabilities Total	5.6B	6.2B	6.4B	5.8B	5.8B	3.9B
Other Stockholder Equity	(3.4B)	(2.9B)	(3.1B)	(3.0B)	(2.7B)	(2.6B)
Total Liab	6.9B	7.5B	7.3B	7.4B	7.4B	4.4B
Retained Earnings	3.5B	3.0B	3.2B	3.1B	2.8B	2.1B
Cash	93.5M	238.5M	77.8M	86.2M	133.1M	88.4M
Non Current Assets Total	14.8B	14.5B	14.6B	14.5B	14.3B	11.6B
Cash And Short Term Investments	93.5M	238.5M	77.8M	86.2M	133.1M	88.4M
Net Receivables	91.0M	129.5M	149.9M	145.5M	407.7M	428.1M
Total Current Assets	375.4M	808.5M	609.5M	637.4M	553.2M	580.7M
Total Current Liabilities	1.3B	1.3B	859.0M	1.6B	1.6B	950.8M
Accounts Payable	57.8M	86.5M	92.3M	88.6M	68.5M	89.4M
Short Term Debt	935.8M	943.0M	467.7M	1.2B	1.3B	794.9M
Other Current Liab	274.3M	257.8M	243.6M	295.5M	277.8M	272.0M
Other Current Assets	82.0M	226.3M	164.8M	52.9M	(540.8M)	(513.7M)
Accumulated Other Comprehensive Income	(17.3M)	(68.3M)	(26.5M)	62.4M	51.2M	48.7M
Common Stock	4.8B	4.8B	4.7B	4.6B	4.6B	4.8B
Current Deferred Revenue	30.6M	36.3M	55.4M	41.4M	31.4M	29.9M
Other Liab	76.2M	121.0M	147.1M	168.6M	193.9M	124.6M
Net Tangible Assets	8.3B	7.7B	7.9B	7.7B	8.9B	8.5B
Long Term Debt	5.1B	6.0B	6.2B	5.6B	5.6B	6.0B
Long Term Investments	190.5M	209.7M	327.3M	364.9M	383.9M	228.7M
Short Long Term Debt	934.0M	935.2M	462.8M	1.2B	1.3B	1.1B
Property Plant Equipment	14.4B	14.1B	14.0B	13.8B	15.9B	14.8B
Inventory	109.0M	214.2M	217.0M	272.0M	217.2M	169.6M
Capital Lease Obligations	35.4M	40.7M	38.0M	36.6M	35.1M	33.8M
Non Current Liabilities Other	30.7M	31.5M	36.5M	228K	205.2K	194.9K

Pair Trading with RioCan 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 RioCan 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 RioCan Real will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to RioCan 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 RioCan 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 RioCan 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 RioCan Real Estate to buy it.

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

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

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RioCan Capex To Depreciation vs Pb Ratio Analysis

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Pb Ratio

RioCan Real fundamental ratios Correlations

RioCan Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RioCan Real fundamental ratios Accounts

Pair Trading with RioCan Real

Other Information on Investing in RioCan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Total Assets

Intangible Assets	- 0.93	Property Plant And Equipment Net
Total Current Assets	- 0.8	Other Stockholder Equity
Accounts Payable	- 0.79	Retained Earnings
Other Current Liab	- 0.79	Other Stockholder Equity
Accounts Payable	- 0.76	Common Stock Shares Outstanding
Other Current Assets	- 0.75	Other Stockholder Equity