Stantec Net Tangible Assets vs Good Will Analysis

STN Stock

USD 85.97 0.06 0.07%

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 Net Tangible Assets and its Good Will 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 estimate.

To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stantec Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Stantec's Net Tangible Assets and Good Will is -0.48. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Stantec, assuming nothing else is changed. The correlation between historical values of Stantec's Net Tangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Stantec are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Stantec's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 estimate.

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 22nd of November 2024, Discontinued Operations is likely to grow to about 11.3 M, while Tax Provision is likely to drop about 83.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	2.4B	2.7B	2.9B
Total Revenue	4.6B	5.7B	5.1B	5.3B

Gross Profit Total Revenue

Stantec fundamental ratios Correlations

	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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Net Tangible Assets
Total Assets		0.93	0.88	0.97	0.94	0.85	0.9	0.61	0.48	0.58	0.94	0.69	0.75	0.94	0.53	0.91	0.23	0.8	-0.08	0.97	0.88	0.98	0.86	0.59	0.83	-0.49
Short Long Term Debt Total	0.93		0.88	0.89	0.9	0.95	0.99	0.73	0.3	0.3	0.97	0.61	0.7	0.9	0.68	0.99	0.27	0.8	0.1	0.88	0.97	0.89	0.77	0.46	0.82	-0.34
Other Current Liab	0.88	0.88		0.91	0.86	0.83	0.85	0.69	0.08	0.43	0.88	0.63	0.73	0.82	0.47	0.83	-0.04	0.9	-0.18	0.83	0.9	0.86	0.9	0.34	0.62	-0.41
Total Current Liabilities	0.97	0.89	0.91		0.96	0.79	0.85	0.69	0.44	0.53	0.93	0.71	0.8	0.96	0.56	0.86	0.18	0.78	-0.04	0.91	0.84	0.98	0.9	0.51	0.8	-0.41
Total Stockholder Equity	0.94	0.9	0.86	0.96		0.81	0.85	0.82	0.44	0.4	0.97	0.72	0.87	0.99	0.71	0.89	0.23	0.71	0.17	0.83	0.83	0.98	0.8	0.42	0.86	-0.21
Property Plant And Equipment Net	0.85	0.95	0.83	0.79	0.81		0.94	0.67	0.14	0.31	0.89	0.63	0.68	0.79	0.61	0.93	0.13	0.76	0.08	0.81	0.98	0.8	0.74	0.26	0.72	-0.23
Net Debt	0.9	0.99	0.85	0.85	0.85	0.94		0.68	0.29	0.25	0.95	0.56	0.61	0.86	0.64	0.98	0.27	0.8	0.08	0.87	0.96	0.85	0.74	0.48	0.78	-0.39
Retained Earnings	0.61	0.73	0.69	0.69	0.82	0.67	0.68		0.1	-0.13	0.83	0.52	0.79	0.8	0.89	0.74	0.2	0.48	0.55	0.41	0.67	0.7	0.51	0.03	0.67	0.26
Accounts Payable	0.48	0.3	0.08	0.44	0.44	0.14	0.29	0.1		0.38	0.36	0.28	0.25	0.51	0.31	0.35	0.54	0.09	0.13	0.48	0.13	0.52	0.2	0.64	0.62	-0.27
Cash	0.58	0.3	0.43	0.53	0.4	0.31	0.25	-0.13	0.38		0.29	0.49	0.44	0.35	-0.22	0.26	-0.09	0.45	-0.61	0.66	0.33	0.54	0.58	0.45	0.36	-0.6
Non Current Assets Total	0.94	0.97	0.88	0.93	0.97	0.89	0.95	0.83	0.36	0.29		0.64	0.8	0.96	0.76	0.97	0.3	0.75	0.2	0.84	0.91	0.94	0.77	0.44	0.87	-0.24
Non Currrent Assets Other	0.69	0.61	0.63	0.71	0.72	0.63	0.56	0.52	0.28	0.49	0.64		0.7	0.7	0.3	0.57	-0.31	0.6	-0.06	0.61	0.66	0.74	0.67	0.0	0.5	-0.19
Cash And Short Term Investments	0.75	0.7	0.73	0.8	0.87	0.68	0.61	0.79	0.25	0.44	0.8	0.7		0.81	0.67	0.7	0.16	0.52	0.24	0.61	0.66	0.83	0.65	0.18	0.79	0.06
Net Receivables	0.94	0.9	0.82	0.96	0.99	0.79	0.86	0.8	0.51	0.35	0.96	0.7	0.81		0.73	0.9	0.3	0.67	0.21	0.83	0.82	0.98	0.78	0.45	0.87	-0.22
Common Stock Shares Outstanding	0.53	0.68	0.47	0.56	0.71	0.61	0.64	0.89	0.31	-0.22	0.76	0.3	0.67	0.73		0.73	0.55	0.27	0.74	0.35	0.56	0.6	0.32	0.16	0.78	0.35
Non Current Liabilities Total	0.91	0.99	0.83	0.86	0.89	0.93	0.98	0.74	0.35	0.26	0.97	0.57	0.7	0.9	0.73		0.36	0.74	0.18	0.86	0.93	0.88	0.69	0.48	0.87	-0.29
Inventory	0.23	0.27	-0.04	0.18	0.23	0.13	0.27	0.2	0.54	-0.09	0.3	-0.31	0.16	0.3	0.55	0.36		-0.2	0.52	0.21	0.05	0.23	-0.11	0.58	0.61	0.08
Other Current Assets	0.8	0.8	0.9	0.78	0.71	0.76	0.8	0.48	0.09	0.45	0.75	0.6	0.52	0.67	0.27	0.74	-0.2		-0.39	0.8	0.86	0.73	0.81	0.29	0.48	-0.57
Other Stockholder Equity	-0.08	0.1	-0.18	-0.04	0.17	0.08	0.08	0.55	0.13	-0.61	0.2	-0.06	0.24	0.21	0.74	0.18	0.52	-0.39		-0.26	-0.03	0.03	-0.26	-0.17	0.35	0.74
Total Liab	0.97	0.88	0.83	0.91	0.83	0.81	0.87	0.41	0.48	0.66	0.84	0.61	0.61	0.83	0.35	0.86	0.21	0.8	-0.26		0.85	0.9	0.83	0.66	0.75	-0.65
Property Plant And Equipment Gross	0.88	0.97	0.9	0.84	0.83	0.98	0.96	0.67	0.13	0.33	0.91	0.66	0.66	0.82	0.56	0.93	0.05	0.86	-0.03	0.85		0.83	0.8	0.3	0.69	-0.34
Total Current Assets	0.98	0.89	0.86	0.98	0.98	0.8	0.85	0.7	0.52	0.54	0.94	0.74	0.83	0.98	0.6	0.88	0.23	0.73	0.03	0.9	0.83		0.84	0.51	0.86	-0.35
Short Term Debt	0.86	0.77	0.9	0.9	0.8	0.74	0.74	0.51	0.2	0.58	0.77	0.67	0.65	0.78	0.32	0.69	-0.11	0.81	-0.26	0.83	0.8	0.84		0.35	0.54	-0.46
Intangible Assets	0.59	0.46	0.34	0.51	0.42	0.26	0.48	0.03	0.64	0.45	0.44	0.0	0.18	0.45	0.16	0.48	0.58	0.29	-0.17	0.66	0.3	0.51	0.35		0.54	-0.69
Other Liab	0.83	0.82	0.62	0.8	0.86	0.72	0.78	0.67	0.62	0.36	0.87	0.5	0.79	0.87	0.78	0.87	0.61	0.48	0.35	0.75	0.69	0.86	0.54	0.54		-0.14
Net Tangible Assets	-0.49	-0.34	-0.41	-0.41	-0.21	-0.23	-0.39	0.26	-0.27	-0.6	-0.24	-0.19	0.06	-0.22	0.35	-0.29	0.08	-0.57	0.74	-0.65	-0.34	-0.35	-0.46	-0.69	-0.14

Click cells to compare fundamentals

Stantec Account Relationship Matchups

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	590.5M	757.6M	866.9M	970.8M	1.0B
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	192.4M
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	444.1M	466.3M
Cash And Short Term Investments	223.5M	285M	193.9M	148.3M	352.9M	370.5M
Net Receivables	1.3B	1.1B	1.3B	1.6B	1.7B	1.8B
Common Stock Shares Outstanding	111.6M	111.9M	111.6M	111.1M	111.2M	100.8M
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	114.1M	190.7M	164.1M	190.9M	200.4M
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	150.3M
Other Liab	275.1M	312M	303.4M	250.5M	288.1M	302.5M
Net Tangible Assets	4.1M	72.7M	(555.9M)	(380.8M)	(342.7M)	(325.6M)
Other Assets	77.1M	102.4M	78.2M	327.2M	376.3M	395.1M
Long Term Debt	814M	634.2M	1.2B	1.2B	982.3M	529.8M
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	1.1B
Short Term Investments	15.4M	34.7M	21.4M	9.1M	15.8M	14.3M
Long Term Investments	8.8M	178.5M	216M	208.4M	262.5M	275.6M
Short Long Term Debt	66.4M	51.3M	58.2M	117.6M	170.3M	178.8M
Common Stock	879.8M	932.2M	972.4M	983.8M	1.3B	1.3B
Property Plant Equipment	845M	687.1M	710.2M	721.1M	829.3M	870.7M
Current Deferred Revenue	199.2M	197.3M	264.8M	327.7M	397.5M	417.4M
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 against Stantec Stock

0.38

DLHC

DLH Holdings Corp Fiscal Year End 4th of December 2024

Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Stantec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stantec's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stantec Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stantec Stock:

How To Invest In Stantec

Details

Is Stantec Stock a good investment?

Details

What is Stantec's Net Worth?

Details

Largest Commercial & Professional Services Companies

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Largest Industrials Companies

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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 estimate.

To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Stantec. If investors know Stantec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Stantec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.01)

Dividend Share

0.825

Earnings Share

2.2

Revenue Per Share

49.58

Quarterly Revenue Growth

0.158

The market value of Stantec is measured differently than its book value, which is the value of Stantec that is recorded on the company's balance sheet. Investors also form their own opinion of Stantec's value that differs from its market value or its book value, called intrinsic value, which is Stantec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Stantec's market value can be influenced by many factors that don't directly affect Stantec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Stantec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stantec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stantec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Stantec Net Tangible Assets vs Good Will Analysis

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Good Will

Stantec fundamental ratios Correlations

Stantec Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Stantec fundamental ratios Accounts

Pair Trading with Stantec

Moving against Stantec Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Total Stockholder Equity

Net Tangible Assets	- 0.69	Intangible Assets
Net Tangible Assets	- 0.65	Total Liab
Other Stockholder Equity	- 0.61	Cash
Net Tangible Assets	- 0.6	Cash
Net Tangible Assets	- 0.57	Other Current Assets
Net Tangible Assets	- 0.49	Total Assets