Stantec Dividend Yield vs Capex To Depreciation Analysis
STN Stock | CAD 121.61 1.55 1.29% |
Stantec financial indicator trend analysis is much more than just breaking down Stantec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stantec is a good investment. Please check the relationship between Stantec Dividend Yield and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. 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. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.
Dividend Yield vs Capex To Depreciation
Dividend Yield vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stantec Dividend Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stantec's Dividend Yield and Capex To Depreciation is -0.05. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Stantec, assuming nothing else is changed. The correlation between historical values of Stantec's Dividend Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Stantec are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Dividend Yield i.e., Stantec's Dividend Yield and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Stantec dividend as a percentage of Stantec stock price. Stantec dividend yield is a measure of Stantec stock productivity, which can be interpreted as interest rate earned on an Stantec 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.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.Most indicators from Stantec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stantec 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 Stantec. 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. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.At this time, Stantec's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Discontinued Operations is likely to grow to about 14.5 M, while Tax Provision is likely to drop about 83.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 2.4B | 2.5B | 2.6B | Total Revenue | 4.6B | 5.7B | 6.5B | 6.8B |
Stantec fundamental ratios Correlations
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Stantec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stantec fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 4.4B | 5.2B | 5.7B | 6.1B | 6.4B | |
Short Long Term Debt Total | 1.6B | 1.3B | 1.9B | 1.9B | 1.7B | 1.8B | |
Other Current Liab | 415.3M | 417.4M | 519.4M | 565.1M | 594.7M | 624.4M | |
Total Current Liabilities | 1.0B | 987.2M | 1.2B | 1.4B | 1.6B | 1.7B | |
Total Stockholder Equity | 1.9B | 1.9B | 2.0B | 2.3B | 2.8B | 2.9B | |
Property Plant And Equipment Net | 845M | 687.1M | 710.2M | 721.1M | 710.4M | 745.9M | |
Net Debt | 1.4B | 1.0B | 1.7B | 1.8B | 1.4B | 1.4B | |
Retained Earnings | 917.7M | 958.6M | 1.0B | 1.2B | 1.4B | 1.5B | |
Accounts Payable | 225.5M | 217.6M | 213.1M | 300.6M | 351.9M | 183.7M | |
Cash | 208.1M | 285M | 193.9M | 148.3M | 352.9M | 370.5M | |
Non Current Assets Total | 3.0B | 2.8B | 3.6B | 3.7B | 3.8B | 4.0B | |
Non Currrent Assets Other | 224.3M | 60M | 29.9M | 73.6M | 89M | 93.5M | |
Cash And Short Term Investments | 223.5M | 285M | 193.9M | 148.3M | 352.9M | 370.5M | |
Net Receivables | 1.3B | 1.2B | 1.4B | 1.7B | 1.8B | 1.9B | |
Common Stock Shares Outstanding | 113.8M | 111.6M | 111.9M | 111.6M | 111.2M | 104.4M | |
Liabilities And Stockholders Equity | 4.6B | 4.4B | 5.2B | 5.7B | 6.1B | 6.4B | |
Non Current Liabilities Total | 1.7B | 1.5B | 2.0B | 2.0B | 1.7B | 1.8B | |
Inventory | 42.9M | 43.9M | 45.8M | 48.6M | 1.0 | 0.95 | |
Other Current Assets | 18.1M | 42.1M | 23.5M | 10.2M | 70.9M | 74.4M | |
Other Stockholder Equity | 23.9M | 12.9M | 10.6M | 6.7M | 5.5M | 5.2M | |
Total Liab | 2.7B | 2.5B | 3.2B | 3.4B | 3.3B | 3.5B | |
Property Plant And Equipment Gross | 845M | 687.1M | 976M | 983.4M | 963.1M | 1.0B | |
Total Current Assets | 1.6B | 1.6B | 1.7B | 1.9B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | 54.1M | 24.8M | (24.7M) | 140.6M | 89.7M | 94.2M | |
Short Term Debt | 166.3M | 154.9M | 182.1M | 216.6M | 271.6M | 285.2M | |
Intangible Assets | 219.6M | 182M | 373.3M | 320.4M | 265.7M | 136.8M | |
Current Deferred Revenue | 199.2M | 197.3M | 264.8M | 327.7M | 397.5M | 417.4M | |
Other Assets | 77.1M | 102.4M | 78.2M | 327.2M | 376.3M | 395.1M | |
Good Will | 1.7B | 1.7B | 2.2B | 2.3B | 2.4B | 2.5B | |
Common Stock Total Equity | 878.2M | 867.8M | 879.8M | 932.2M | 1.1B | 540.8M | |
Common Stock | 879.8M | 932.2M | 972.4M | 983.8M | 1.3B | 1.3B | |
Other Liab | 275.1M | 312M | 303.4M | 250.5M | 288.1M | 221.0M | |
Net Tangible Assets | 4.1M | 72.7M | (555.9M) | (380.8M) | (437.9M) | (459.8M) | |
Long Term Debt | 814M | 634.2M | 1.2B | 1.2B | 982.3M | 931.1M | |
Short Long Term Debt | 66.4M | 51.3M | 58.2M | 117.6M | 170.3M | 95.4M | |
Property Plant Equipment | 845M | 687.1M | 710.2M | 721.1M | 829.3M | 484.9M | |
Short Term Investments | 15.4M | 34.7M | 21.4M | 9.1M | 15.8M | 16.2M | |
Long Term Investments | 8.8M | 178.5M | 216M | 208.4M | 262.5M | 154.9M | |
Long Term Debt Total | 1.4B | 1.2B | 1.7B | 1.7B | 2.0B | 1.2B |
Pair Trading with Stantec
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 Stantec 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 Stantec will appreciate offsetting losses from the drop in the long position's value.Moving together with Stantec Stock
Moving against Stantec Stock
The ability to find closely correlated positions to Stantec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stantec 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 Stantec - 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 Stantec to buy it.
The correlation of Stantec 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 Stantec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stantec 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 Stantec 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stantec. 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. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.