Superior Free Cash Flow Yield vs Dividend Yield Analysis

SPB Stock

CAD 6.13 0.02 0.33%

Superior Plus financial indicator trend analysis is much more than just breaking down Superior Plus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Plus Corp is a good investment. Please check the relationship between Superior Plus Free Cash Flow Yield and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Plus Corp. 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 Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Plus Corp Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between Superior Plus' Free Cash Flow Yield and Dividend Yield is 0.73. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Superior Plus Corp, assuming nothing else is changed. The correlation between historical values of Superior Plus' Free Cash Flow Yield and Dividend Yield 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 Yield of Superior Plus Corp are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., Superior Plus' Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Dividend Yield

Dividend Yield is Superior Plus Corp dividend as a percentage of Superior Plus stock price. Superior Plus Corp dividend yield is a measure of Superior Plus stock productivity, which can be interpreted as interest rate earned on an Superior Plus investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from Superior Plus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior Plus Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Plus Corp. 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, Superior Plus' Discontinued Operations is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.24, while Selling General Administrative is likely to drop about 383.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	912.7M	1.2B	1.6B	1.2B
Total Revenue	2.4B	3.4B	3.4B	2.5B

Gross Profit Total Revenue

Superior Plus fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Cash	Cash And Short Term Investments	Other Current Assets	Current Deferred Revenue
Common Stock Shares Outstanding		0.73	0.69	0.8	0.8	0.85	0.73	0.69	-0.81	0.83	0.7	-0.47	0.5	0.95	0.72	0.0	-0.29	0.71	0.68	0.54	-0.57	0.98	0.43	0.52	0.44	-0.15
Total Assets	0.73		0.98	0.57	0.7	0.72	0.94	0.97	-0.82	0.73	0.99	-0.35	0.38	0.58	0.98	-0.06	-0.24	0.98	0.98	0.39	-0.35	0.69	0.53	0.56	0.44	0.05
Short Long Term Debt Total	0.69	0.98		0.55	0.74	0.62	0.92	1.0	-0.82	0.77	0.96	-0.38	0.47	0.58	1.0	0.07	-0.13	1.0	0.93	0.48	-0.27	0.67	0.5	0.51	0.33	0.05
Other Current Liab	0.8	0.57	0.55		0.79	0.67	0.59	0.54	-0.76	0.73	0.52	-0.53	0.61	0.84	0.58	0.25	-0.41	0.58	0.51	0.66	-0.65	0.85	0.24	0.34	0.48	-0.2
Total Current Liabilities	0.8	0.7	0.74	0.79		0.59	0.61	0.74	-0.76	0.97	0.64	-0.42	0.76	0.76	0.74	0.31	-0.15	0.76	0.65	0.76	-0.22	0.83	0.45	0.38	0.41	0.1
Total Stockholder Equity	0.85	0.72	0.62	0.67	0.59		0.7	0.62	-0.57	0.59	0.75	-0.18	0.11	0.75	0.65	-0.44	-0.41	0.63	0.7	0.13	-0.48	0.81	0.61	0.61	0.54	0.12
Property Plant And Equipment Net	0.73	0.94	0.92	0.59	0.61	0.7		0.92	-0.85	0.65	0.93	-0.54	0.36	0.63	0.94	0.0	-0.23	0.93	0.9	0.38	-0.5	0.7	0.34	0.39	0.33	-0.15
Net Debt	0.69	0.97	1.0	0.54	0.74	0.62	0.92		-0.82	0.77	0.95	-0.39	0.47	0.58	1.0	0.07	-0.12	1.0	0.93	0.48	-0.27	0.67	0.49	0.5	0.32	0.05
Retained Earnings	-0.81	-0.82	-0.82	-0.76	-0.76	-0.57	-0.85	-0.82		-0.83	-0.75	0.73	-0.73	-0.79	-0.85	-0.39	0.17	-0.85	-0.79	-0.76	0.66	-0.83	-0.16	-0.25	-0.4	0.41
Accounts Payable	0.83	0.73	0.77	0.73	0.97	0.59	0.65	0.77	-0.83		0.66	-0.52	0.81	0.79	0.77	0.34	-0.05	0.79	0.69	0.81	-0.31	0.86	0.41	0.31	0.43	-0.03
Non Current Assets Total	0.7	0.99	0.96	0.52	0.64	0.75	0.93	0.95	-0.75	0.66		-0.27	0.27	0.54	0.96	-0.18	-0.27	0.95	0.97	0.28	-0.31	0.65	0.57	0.6	0.43	0.1
Non Currrent Assets Other	-0.47	-0.35	-0.38	-0.53	-0.42	-0.18	-0.54	-0.39	0.73	-0.52	-0.27		-0.7	-0.52	-0.42	-0.63	0.05	-0.43	-0.31	-0.71	0.64	-0.52	0.24	0.34	-0.26	0.64
Net Receivables	0.5	0.38	0.47	0.61	0.76	0.11	0.36	0.47	-0.73	0.81	0.27	-0.7		0.57	0.48	0.8	0.14	0.51	0.33	0.99	-0.36	0.59	-0.03	-0.11	0.25	-0.3
Common Stock Total Equity	0.95	0.58	0.58	0.84	0.76	0.75	0.63	0.58	-0.79	0.79	0.54	-0.52	0.57		0.61	0.15	-0.21	0.6	0.51	0.61	-0.65	0.98	0.26	0.41	0.31	-0.25
Non Current Liabilities Total	0.72	0.98	1.0	0.58	0.74	0.65	0.94	1.0	-0.85	0.77	0.96	-0.42	0.48	0.61		0.07	-0.14	1.0	0.93	0.49	-0.33	0.7	0.47	0.51	0.34	0.01
Inventory	0.0	-0.06	0.07	0.25	0.31	-0.44	0.0	0.07	-0.39	0.34	-0.18	-0.63	0.8	0.15	0.07		0.23	0.1	-0.1	0.79	-0.18	0.11	-0.5	-0.49	-0.16	-0.44
Other Stockholder Equity	-0.29	-0.24	-0.13	-0.41	-0.15	-0.41	-0.23	-0.12	0.17	-0.05	-0.27	0.05	0.14	-0.21	-0.14	0.23		-0.15	-0.27	0.07	0.28	-0.23	-0.25	-0.27	-0.41	-0.1
Total Liab	0.71	0.98	1.0	0.58	0.76	0.63	0.93	1.0	-0.85	0.79	0.95	-0.43	0.51	0.6	1.0	0.1	-0.15		0.94	0.52	-0.32	0.69	0.47	0.48	0.36	0.01
Property Plant And Equipment Gross	0.68	0.98	0.93	0.51	0.65	0.7	0.9	0.93	-0.79	0.69	0.97	-0.31	0.33	0.51	0.93	-0.1	-0.27	0.94		0.34	-0.33	0.64	0.51	0.5	0.5	0.02
Total Current Assets	0.54	0.39	0.48	0.66	0.76	0.13	0.38	0.48	-0.76	0.81	0.28	-0.71	0.99	0.61	0.49	0.79	0.07	0.52	0.34		-0.42	0.62	-0.01	-0.04	0.27	-0.34
Short Term Debt	-0.57	-0.35	-0.27	-0.65	-0.22	-0.48	-0.5	-0.27	0.66	-0.31	-0.31	0.64	-0.36	-0.65	-0.33	-0.18	0.28	-0.32	-0.33	-0.42		-0.59	0.13	-0.05	-0.37	0.66
Common Stock	0.98	0.69	0.67	0.85	0.83	0.81	0.7	0.67	-0.83	0.86	0.65	-0.52	0.59	0.98	0.7	0.11	-0.23	0.69	0.64	0.62	-0.59		0.36	0.43	0.41	-0.18
Cash	0.43	0.53	0.5	0.24	0.45	0.61	0.34	0.49	-0.16	0.41	0.57	0.24	-0.03	0.26	0.47	-0.5	-0.25	0.47	0.51	-0.01	0.13	0.36		0.74	0.59	0.57
Cash And Short Term Investments	0.52	0.56	0.51	0.34	0.38	0.61	0.39	0.5	-0.25	0.31	0.6	0.34	-0.11	0.41	0.51	-0.49	-0.27	0.48	0.5	-0.04	-0.05	0.43	0.74		0.24	0.42
Other Current Assets	0.44	0.44	0.33	0.48	0.41	0.54	0.33	0.32	-0.4	0.43	0.43	-0.26	0.25	0.31	0.34	-0.16	-0.41	0.36	0.5	0.27	-0.37	0.41	0.59	0.24		-0.06
Current Deferred Revenue	-0.15	0.05	0.05	-0.2	0.1	0.12	-0.15	0.05	0.41	-0.03	0.1	0.64	-0.3	-0.25	0.01	-0.44	-0.1	0.01	0.02	-0.34	0.66	-0.18	0.57	0.42	-0.06

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Superior Plus Account Relationship Matchups

Superior Plus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	174.9M	189.7M	176M	194.9M	229M	121.8M
Total Assets	3.6B	3.8B	3.6B	4.5B	5.2B	5.4B
Short Long Term Debt Total	1.9B	1.8B	1.6B	2.1B	2.5B	2.6B
Other Current Liab	151.1M	170.1M	161.4M	222.8M	203.2M	109.6M
Total Current Liabilities	538.8M	531.5M	535.3M	736.8M	754.6M	449.0M
Total Stockholder Equity	1.0B	949.2M	983.6M	1.1B	1.4B	779.1M
Property Plant And Equipment Net	1.6B	1.6B	1.1B	1.4B	1.9B	2.0B
Net Debt	1.9B	1.8B	1.6B	2.1B	2.4B	2.6B
Retained Earnings	(1.4B)	(1.5B)	(1.4B)	(1.7B)	(1.8B)	(1.7B)
Accounts Payable	307.1M	281.9M	297M	426.9M	452.1M	258.8M
Non Current Assets Total	3.1B	3.3B	3.0B	3.6B	4.5B	4.7B
Non Currrent Assets Other	16.7M	14.8M	8.6M	137.5M	7.5M	7.1M
Net Receivables	329.2M	312.9M	319.4M	533.7M	427.2M	322.9M
Liabilities And Stockholders Equity	3.6B	3.8B	3.6B	4.5B	5.2B	5.4B
Non Current Liabilities Total	2.1B	2.0B	1.7B	2.3B	2.6B	2.8B
Inventory	116.2M	124M	111.5M	153M	115.6M	138.6M
Other Stockholder Equity	171.9M	105.3M	74.5M	1.2M	1.1M	1.0M
Total Liab	2.6B	2.5B	2.2B	3.0B	3.4B	3.6B
Property Plant And Equipment Gross	1.6B	1.6B	1.9B	2.3B	3.0B	3.1B
Total Current Assets	534.4M	550.2M	564.7M	855.3M	654.8M	528.0M
Accumulated Other Comprehensive Income	105.3M	74.5M	52.8M	159.7M	117.1M	123.0M
Short Term Debt	62.5M	60.4M	56.3M	62.1M	74.8M	53.8M
Cash	26.5M	24.1M	28.4M	58.4M	40.7M	21.6M
Cash And Short Term Investments	31.9M	67.8M	81M	58.4M	40.7M	30.9M
Other Current Assets	57.1M	45.5M	52.8M	110.2M	71.3M	69.2M
Current Deferred Revenue	18.1M	19.1M	20.6M	25M	24.5M	15.4M
Good Will	1.1B	1.2B	1.3B	1.7B	1.9B	2.0B
Short Term Investments	5.4M	43.7M	52.6M	60.4M	7.6M	7.2M
Intangible Assets	388.8M	425.4M	440.9M	560.6M	638.5M	670.4M
Other Liab	193.9M	246.8M	138.4M	192.6M	221.5M	166.0M
Net Tangible Assets	(430.7M)	(629M)	(776.9M)	(1.1B)	(998.2M)	(948.3M)
Other Assets	58.3M	50.1M	157.1M	39.2M	35.3M	33.5M
Long Term Debt	1.7B	1.6B	1.4B	1.9B	2.2B	1.5B
Long Term Investments	1M	2.3M	13.2M	8.8M	10.1M	5.6M
Short Long Term Debt	10.1M	7.1M	11.4M	14.8M	11.3M	10.7M
Property Plant Equipment	1.6B	1.6B	1.1B	1.4B	1.6B	1.3B
Long Term Debt Total	1.9B	1.8B	1.6B	2.1B	2.4B	1.6B

Pair Trading with Superior Plus

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

Moving together with Superior Stock

0.61	NG	NovaGold Resources	Pair Corr
0.94	HPQ	HPQ Silicon Resources	Pair Corr

Moving against Superior Stock

0.8	NVDA	NVIDIA CDR	Pair Corr
0.78	TD-PFI	Toronto Dominion Bank	Pair Corr

The ability to find closely correlated positions to Superior Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Superior Plus 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 Superior Plus - 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 Superior Plus Corp to buy it.

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

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

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Superior Free Cash Flow Yield vs Dividend Yield Analysis

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Dividend Yield

Superior Plus fundamental ratios Correlations

Superior Plus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Superior Plus fundamental ratios Accounts

Pair Trading with Superior Plus

Moving together with Superior Stock

Moving against Superior Stock

Other Information on Investing in Superior Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt
Total Liab	+ 1.0	Non Current Liabilities Total

Total Liab	- 0.85	Retained Earnings
Non Current Liabilities Total	- 0.85	Retained Earnings
Retained Earnings	- 0.85	Property Plant And Equipment Net
Common Stock	- 0.83	Retained Earnings
Accounts Payable	- 0.83	Retained Earnings
Retained Earnings	- 0.82	Net Debt