Storage Total Assets vs Other Stockholder Equity Analysis
SVI Stock | 4.01 0.16 3.84% |
Storage Vault financial indicator trend analysis is much more than just breaking down Storage Vault Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Storage Vault Canada is a good investment. Please check the relationship between Storage Vault Total Assets and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storage Vault Canada. 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.
Total Assets vs Other Stockholder Equity
Total Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Storage Vault Canada Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Storage Vault's Total Assets and Other Stockholder Equity is 0.53. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Storage Vault Canada, assuming nothing else is changed. The correlation between historical values of Storage Vault's Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Storage Vault Canada are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Storage Vault's Total Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Storage Vault assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Storage Vault Canada books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Stockholder Equity
Most indicators from Storage Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Storage Vault Canada 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 Storage Vault Canada. 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, Storage Vault's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value Over EBITDA is likely to grow to 22.05, while Tax Provision is likely to drop (9.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 139.0M | 176.0M | 193.6M | 203.3M | Total Revenue | 208.7M | 261.8M | 288.7M | 303.2M |
Storage Vault fundamental ratios Correlations
Click cells to compare fundamentals
Storage Vault Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Storage Vault fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.6B | 1.8B | 2.0B | 2.0B | 2.1B | |
Total Current Liabilities | 19.5M | 28.5M | 31.5M | 35.0M | 34.9M | 45.2M | |
Total Stockholder Equity | 230.7M | 210.2M | 222.2M | 207.2M | 195.9M | 119.6M | |
Net Debt | 1.0B | 1.3B | 1.5B | 1.7B | 1.8B | 1.8B | |
Retained Earnings | (121.1M) | (154.4M) | (190.3M) | (231.5M) | (233.2M) | (221.5M) | |
Accounts Payable | 12.5M | 18.6M | 18.5M | 20.9M | 21.9M | 23.0M | |
Cash | 24.5M | 25.5M | 25.1M | 22.5M | 13.9M | 10.7M | |
Cash And Short Term Investments | 24.5M | 25.5M | 25.1M | 22.5M | 13.9M | 11.1M | |
Net Receivables | 5.4M | 4.6M | 4.1M | 6.6M | 8.5M | 8.9M | |
Common Stock Shares Outstanding | 360.5M | 363.5M | 370.3M | 378.1M | 385.6M | 195.7M | |
Liabilities And Stockholders Equity | 1.4B | 1.6B | 1.8B | 2.0B | 2.0B | 2.1B | |
Other Current Assets | 3.0M | 3.4M | 12.5M | 14.6M | 15.8M | 16.6M | |
Other Stockholder Equity | (3.7M) | (1.3M) | 5.9M | 13.7M | 11.5M | 12.1M | |
Total Liab | 1.2B | 1.4B | 1.6B | 1.8B | 1.8B | 1.9B | |
Total Current Assets | 32.9M | 33.5M | 41.8M | 43.8M | 39.3M | 41.2M | |
Short Long Term Debt Total | 1.1B | 1.3B | 1.5B | 1.7B | 1.8B | 1.9B | |
Property Plant And Equipment Net | 1.2B | 1.4B | 1.6B | 1.8B | 1.8B | 1.9B | |
Current Deferred Revenue | 7.0M | 9.8M | 12.9M | 14.1M | 13.1M | 13.7M | |
Non Current Assets Total | 1.4B | 1.6B | 1.8B | 2.0B | 2.0B | 2.1B | |
Good Will | 55.8M | 61.2M | 97.5M | 105.3M | 108.3M | 113.7M | |
Non Current Liabilities Total | 1.1B | 1.3B | 1.6B | 1.8B | 1.8B | 1.9B | |
Short Term Debt | 456.0M | 466.0M | 650.8M | 560.9M | 448.3M | 470.7M | |
Intangible Assets | 75.1M | 62.4M | 71.2M | 68.1M | 50.0M | 34.5M | |
Common Stock | 355.6M | 365.9M | 406.6M | 425.0M | 404.0M | 264.7M | |
Long Term Debt | 1.0B | 1.3B | 1.5B | 1.7B | 1.7B | 1.2B | |
Long Term Debt Total | 1.1B | 1.3B | 1.5B | 1.7B | 2.0B | 1.1B | |
Capital Surpluse | 8.8M | 15.1M | 26.4M | 38.5M | 44.2M | 46.4M | |
Cash And Equivalents | 24.5M | 25.5M | 25.1M | 22.5M | 25.9M | 22.8M | |
Property Plant Equipment | 1.2B | 1.4B | 1.6B | 1.9B | 2.1B | 1.3B | |
Other Liab | 71.1M | 63.0M | 58.3M | 54.6M | 49.1M | 47.9M | |
Net Tangible Assets | 58.1M | 50.2M | 53.4M | 33.8M | 30.4M | 52.3M | |
Net Invested Capital | 1.3B | 1.5B | 1.7B | 1.9B | 1.9B | 1.7B | |
Capital Stock | 355.6M | 365.9M | 406.6M | 425.0M | 404.0M | 420.9M | |
Net Working Capital | 13.4M | 5.1M | 10.3M | 8.8M | 4.3M | 4.6M |
Pair Trading with Storage Vault
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 Storage Vault 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 Storage Vault will appreciate offsetting losses from the drop in the long position's value.Moving against Storage Stock
0.8 | FFH | Fairfax Financial | PairCorr |
0.8 | FFH-PC | Fairfax Fin Hld | PairCorr |
0.8 | TD-PFI | Toronto Dominion Bank | PairCorr |
0.68 | ELF | E L Financial | PairCorr |
0.53 | FFH-PF | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Storage Vault could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Storage Vault 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 Storage Vault - 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 Storage Vault Canada to buy it.
The correlation of Storage Vault 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 Storage Vault moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Storage Vault Canada 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 Storage Vault 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 Storage Stock
Balance Sheet is a snapshot of the financial position of Storage Vault Canada at a specified time, usually calculated after every quarter, six months, or one year. Storage Vault Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Storage Vault 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 Storage currently owns. An asset can also be divided into two categories, current and non-current.