Transcontinental Historical Financial Ratios
| TCL-B Stock | CAD 18.01 0.76 4.41% |
Transcontinental is promptly reporting on over 95 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Free Cash Flow Yield of 0.32, Invested Capital of 0.0, Operating Cash Flow Per Share of 5.15 or Average Payables of 0.0 will help investors to properly organize and evaluate Transcontinental financial condition quickly.
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About Transcontinental Financial Ratios Analysis
TranscontinentalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Transcontinental investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Transcontinental financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Transcontinental history.
Transcontinental Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Transcontinental stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Transcontinental sales, a figure that is much harder to manipulate than other Transcontinental multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.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.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Transcontinental. There are two different methods for calculating Transcontinental invested capital: operating approach and financing approach. Understanding Transcontinental invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Transcontinental's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Transcontinental current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Transcontinental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Transcontinental's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Research And Ddevelopement To Revenue is likely to gain to 0 in 2024, whereas Capex To Depreciation is likely to drop 0.54 in 2024.
| 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.47 | 0.53 | 0.51 | Price To Sales Ratio | 0.3 | 0.27 | 0.47 |
Transcontinental fundamentals Correlations
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Transcontinental Account Relationship Matchups
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Transcontinental fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.43 | 0.53 | 0.65 | 0.3 | 0.27 | 0.47 | |
| Ptb Ratio | 0.79 | 0.98 | 0.72 | 0.47 | 0.53 | 0.51 | |
| Days Sales Outstanding | 67.3 | 70.83 | 72.59 | 68.48 | 69.17 | 46.26 | |
| Book Value Per Share | 19.37 | 19.96 | 20.28 | 21.68 | 22.01 | 20.8 | |
| Free Cash Flow Yield | 0.24 | 0.1 | 0.0581 | 0.33 | 0.3 | 0.32 | |
| Operating Cash Flow Per Share | 4.9 | 3.62 | 2.54 | 5.45 | 4.91 | 5.15 | |
| Stock Based Compensation To Revenue | 8.56E-4 | 0.003225 | 0.007415 | 0.00203 | 0.001827 | 0.001862 | |
| Pb Ratio | 0.79 | 0.98 | 0.72 | 0.47 | 0.53 | 0.51 | |
| Ev To Sales | 0.9 | 0.99 | 0.83 | 0.61 | 0.29 | 0.27 | |
| Free Cash Flow Per Share | 3.78 | 2.03 | 0.9 | 3.4 | 3.06 | 3.22 | |
| Roic | 0.0593 | 0.0557 | 0.0602 | 0.0506 | 0.0615 | 0.0875 | |
| Inventory Turnover | 4.58 | 3.93 | 3.41 | 6.35 | 3.92 | 3.73 | |
| Net Income Per Share | 1.51 | 1.5 | 1.63 | 0.99 | 0.89 | 0.84 | |
| Days Of Inventory On Hand | 79.77 | 92.95 | 107.16 | 57.48 | 93.02 | 97.68 | |
| Payables Turnover | 5.89 | 5.49 | 5.71 | 9.09 | 4.96 | 4.23 | |
| Research And Ddevelopement To Revenue | 0.002007 | 0.002448 | 0.002345 | 0.002064 | 0.002373 | 0.003691 | |
| Capex To Revenue | 0.0379 | 0.0523 | 0.0482 | 0.0604 | 0.0432 | 0.0784 | |
| Cash Per Share | 2.77 | 2.66 | 0.53 | 1.58 | 1.42 | 0.78 | |
| Pocfratio | 3.22 | 5.46 | 6.11 | 1.87 | 2.15 | 2.05 | |
| Interest Coverage | 4.87 | 5.72 | 5.67 | 2.97 | 4.06 | 4.21 | |
| Payout Ratio | 0.59 | 0.6 | 0.55 | 0.91 | 0.64 | 0.67 | |
| Pfcf Ratio | 4.17 | 9.72 | 17.22 | 3.0 | 2.7 | 2.56 | |
| Days Payables Outstanding | 62.01 | 66.44 | 63.88 | 40.17 | 73.54 | 80.52 | |
| Income Quality | 3.24 | 2.42 | 1.57 | 5.5 | 3.39 | 2.85 | |
| Roe | 0.076 | 0.0742 | 0.0752 | 0.0451 | 0.0635 | 0.0938 | |
| Ev To Operating Cash Flow | 5.41 | 8.29 | 11.12 | 3.82 | 1.94 | 1.85 | |
| Pe Ratio | 10.44 | 13.17 | 9.56 | 10.31 | 11.85 | 12.2 | |
| Return On Tangible Assets | 0.0682 | 0.0649 | 0.0672 | 0.0417 | 0.0569 | 0.0518 | |
| Ev To Free Cash Flow | 7.01 | 14.77 | 31.31 | 6.12 | 2.75 | 2.61 | |
| Intangibles To Total Assets | 0.5 | 0.48 | 0.46 | 0.44 | 0.45 | 0.41 | |
| Net Debt To E B I T D A | 1.95 | 1.99 | 2.48 | 2.35 | 1.93 | 1.48 | |
| Current Ratio | 1.51 | 1.63 | 2.07 | 2.09 | 1.59 | 0.97 | |
| Tangible Book Value Per Share | 0.82 | 1.89 | 2.08 | 3.05 | 3.51 | 2.57 | |
| Receivables Turnover | 5.42 | 5.15 | 5.03 | 5.33 | 5.28 | 8.36 | |
| Graham Number | 26.02 | 26.13 | 28.13 | 22.12 | 19.91 | 14.2 | |
| Shareholders Equity Per Share | 19.9 | 20.22 | 21.63 | 21.95 | 19.76 | 20.75 | |
| Debt To Equity | 0.82 | 0.59 | 0.63 | 0.53 | 0.49 | 0.46 |
Pair Trading with Transcontinental
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 Transcontinental 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 Transcontinental will appreciate offsetting losses from the drop in the long position's value.Moving together with Transcontinental Stock
The ability to find closely correlated positions to Transcontinental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transcontinental 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 Transcontinental - 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 Transcontinental to buy it.
The correlation of Transcontinental 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 Transcontinental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transcontinental 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 Transcontinental 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.Additional Tools for Transcontinental Stock Analysis
When running Transcontinental's price analysis, check to measure Transcontinental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transcontinental is operating at the current time. Most of Transcontinental's value examination focuses on studying past and present price action to predict the probability of Transcontinental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcontinental's price. Additionally, you may evaluate how the addition of Transcontinental to your portfolios can decrease your overall portfolio volatility.