True Free Cash Flow Per Share vs Dividend Yield Analysis

TNT-UN Stock

CAD 11.21 0.23 2.01%

True North financial indicator trend analysis is much more than just breaking down True North Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether True North Commercial is a good investment. Please check the relationship between True North Free Cash Flow Per Share and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True North Commercial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Free Cash Flow Per Share vs Dividend Yield

Free Cash Flow Per Share vs Dividend Yield Correlation Analysis

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

The correlation between True North's Free Cash Flow Per Share and Dividend Yield is 0.71. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of True North Commercial, assuming nothing else is changed. The correlation between historical values of True North's Free Cash Flow Per Share 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 Per Share of True North Commercial 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 Per Share i.e., True North's Free Cash Flow Per Share and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Dividend Yield

Dividend Yield is True North Commercial dividend as a percentage of True North stock price. True North Commercial dividend yield is a measure of True North stock productivity, which can be interpreted as interest rate earned on an True North 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 True North's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into True North Commercial 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 True North Commercial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

As of November 26, 2024, Selling General Administrative is expected to decline to about 4.1 M. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Gross Profit	82.6M	86.5M	72.5M	50.1M
Total Revenue	138.5M	143.6M	132.2M	84.6M

Gross Profit Total Revenue

True North fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Other Assets	Long Term Debt
Total Assets		1.0	0.87	0.9	1.0	1.0	0.97	1.0	-0.26	0.83	0.44	1.0	-0.43	0.44	0.79	0.18	1.0	0.45	0.47	1.0	0.6	0.87	1.0	0.99	0.78	0.99
Short Long Term Debt Total	1.0		0.86	0.91	0.99	1.0	0.97	1.0	-0.29	0.84	0.43	1.0	-0.41	0.43	0.79	0.16	0.99	0.48	0.49	1.0	0.62	0.88	1.0	0.99	0.78	0.99
Other Current Liab	0.87	0.86		0.72	0.89	0.88	0.79	0.85	0.18	0.54	0.47	0.88	-0.66	0.47	0.72	0.15	0.87	0.13	0.32	0.86	0.31	0.69	0.84	0.81	0.75	0.84
Total Current Liabilities	0.9	0.91	0.72		0.89	0.89	0.92	0.92	-0.4	0.86	0.23	0.89	-0.22	0.23	0.85	0.03	0.86	0.66	0.59	0.91	0.73	0.99	0.92	0.91	0.71	0.87
Total Stockholder Equity	1.0	0.99	0.89	0.89		1.0	0.95	0.99	-0.21	0.8	0.45	1.0	-0.44	0.45	0.78	0.2	0.99	0.41	0.44	0.99	0.56	0.86	0.99	0.98	0.77	0.99
Property Plant And Equipment Net	1.0	1.0	0.88	0.89	1.0		0.96	1.0	-0.23	0.81	0.44	1.0	-0.44	0.44	0.77	0.18	1.0	0.42	0.46	1.0	0.57	0.86	0.99	0.99	0.78	0.99
Current Deferred Revenue	0.97	0.97	0.79	0.92	0.95	0.96		0.97	-0.4	0.88	0.43	0.96	-0.44	0.43	0.75	0.11	0.96	0.55	0.51	0.97	0.67	0.88	0.98	0.98	0.85	0.97
Net Debt	1.0	1.0	0.85	0.92	0.99	1.0	0.97		-0.29	0.84	0.41	1.0	-0.4	0.41	0.79	0.16	0.99	0.48	0.49	1.0	0.62	0.88	1.0	0.99	0.78	0.99
Retained Earnings	-0.26	-0.29	0.18	-0.4	-0.21	-0.23	-0.4	-0.29		-0.7	-0.12	-0.23	-0.21	-0.12	-0.2	0.2	-0.24	-0.78	-0.61	-0.28	-0.74	-0.39	-0.31	-0.34	-0.27	-0.3
Accounts Payable	0.83	0.84	0.54	0.86	0.8	0.81	0.88	0.84	-0.7		0.35	0.81	-0.17	0.35	0.73	0.03	0.81	0.81	0.62	0.84	0.89	0.82	0.84	0.84	0.69	0.84
Cash	0.44	0.43	0.47	0.23	0.45	0.44	0.43	0.41	-0.12	0.35		0.44	-0.51	1.0	0.28	0.14	0.48	0.14	0.29	0.44	0.38	0.17	0.44	0.42	0.42	0.45
Non Current Assets Total	1.0	1.0	0.88	0.89	1.0	1.0	0.96	1.0	-0.23	0.81	0.44		-0.44	0.44	0.77	0.18	1.0	0.42	0.46	1.0	0.57	0.86	0.99	0.98	0.78	0.99
Non Currrent Assets Other	-0.43	-0.41	-0.66	-0.22	-0.44	-0.44	-0.44	-0.4	-0.21	-0.17	-0.51	-0.44		-0.51	-0.1	0.1	-0.45	0.27	-0.21	-0.42	0.09	-0.17	-0.41	-0.39	-0.76	-0.45
Cash And Short Term Investments	0.44	0.43	0.47	0.23	0.45	0.44	0.43	0.41	-0.12	0.35	1.0	0.44	-0.51		0.28	0.14	0.48	0.14	0.29	0.44	0.38	0.17	0.44	0.42	0.42	0.45
Net Receivables	0.79	0.79	0.72	0.85	0.78	0.77	0.75	0.79	-0.2	0.73	0.28	0.77	-0.1	0.28		0.27	0.75	0.67	0.43	0.79	0.74	0.85	0.78	0.73	0.54	0.72
Common Stock Shares Outstanding	0.18	0.16	0.15	0.03	0.2	0.18	0.11	0.16	0.2	0.03	0.14	0.18	0.1	0.14	0.27		0.19	-0.04	-0.57	0.16	0.03	0.03	0.15	0.14	-0.01	0.13
Non Current Liabilities Total	1.0	0.99	0.87	0.86	0.99	1.0	0.96	0.99	-0.24	0.81	0.48	1.0	-0.45	0.48	0.75	0.19		0.42	0.45	0.99	0.57	0.82	0.99	0.98	0.78	0.99
Inventory	0.45	0.48	0.13	0.66	0.41	0.42	0.55	0.48	-0.78	0.81	0.14	0.42	0.27	0.14	0.67	-0.04	0.42		0.58	0.48	0.96	0.65	0.48	0.47	0.31	0.45
Other Current Assets	0.47	0.49	0.32	0.59	0.44	0.46	0.51	0.49	-0.61	0.62	0.29	0.46	-0.21	0.29	0.43	-0.57	0.45	0.58		0.49	0.6	0.59	0.5	0.48	0.5	0.48
Total Liab	1.0	1.0	0.86	0.91	0.99	1.0	0.97	1.0	-0.28	0.84	0.44	1.0	-0.42	0.44	0.79	0.16	0.99	0.48	0.49		0.62	0.88	1.0	0.99	0.78	0.99
Total Current Assets	0.6	0.62	0.31	0.73	0.56	0.57	0.67	0.62	-0.74	0.89	0.38	0.57	0.09	0.38	0.74	0.03	0.57	0.96	0.6	0.62		0.71	0.63	0.6	0.44	0.59
Short Term Debt	0.87	0.88	0.69	0.99	0.86	0.86	0.88	0.88	-0.39	0.82	0.17	0.86	-0.17	0.17	0.85	0.03	0.82	0.65	0.59	0.88	0.71		0.88	0.87	0.67	0.83
Common Stock	1.0	1.0	0.84	0.92	0.99	0.99	0.98	1.0	-0.31	0.84	0.44	0.99	-0.41	0.44	0.78	0.15	0.99	0.48	0.5	1.0	0.63	0.88		0.99	0.78	0.99
Net Tangible Assets	0.99	0.99	0.81	0.91	0.98	0.99	0.98	0.99	-0.34	0.84	0.42	0.98	-0.39	0.42	0.73	0.14	0.98	0.47	0.48	0.99	0.6	0.87	0.99		0.77	0.99
Other Assets	0.78	0.78	0.75	0.71	0.77	0.78	0.85	0.78	-0.27	0.69	0.42	0.78	-0.76	0.42	0.54	-0.01	0.78	0.31	0.5	0.78	0.44	0.67	0.78	0.77		0.79
Long Term Debt	0.99	0.99	0.84	0.87	0.99	0.99	0.97	0.99	-0.3	0.84	0.45	0.99	-0.45	0.45	0.72	0.13	0.99	0.45	0.48	0.99	0.59	0.83	0.99	0.99	0.79

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True North Account Relationship Matchups

True North fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.4B	1.4B	1.5B	1.3B	908.5M
Short Long Term Debt Total	792.6M	812.5M	820.4M	861.1M	821.0M	531.1M
Other Current Liab	6.9M	8.4M	8.7M	7.2M	2.3M	2.2M
Total Current Liabilities	138.6M	75.6M	177.2M	230.2M	172.3M	90.5M
Total Stockholder Equity	527.3M	525.2M	540.1M	522.1M	452.8M	330.2M
Property Plant And Equipment Net	1.4B	1.4B	1.4B	1.3B	1.3B	879.1M
Current Deferred Revenue	5.3M	7.6M	8.1M	8.3M	9.0M	4.7M
Net Debt	786.9M	787.9M	814.9M	851.6M	812.0M	522.4M
Retained Earnings	8.1M	(3.0M)	(4.0M)	(41.1M)	(109.1M)	(103.6M)
Accounts Payable	15.3M	23.1M	21.2M	37.0M	34.3M	36.1M
Cash	5.7M	24.6M	5.5M	9.5M	8.9M	8.7M
Non Current Assets Total	1.4B	1.4B	1.4B	1.3B	1.3B	881.3M
Non Currrent Assets Other	896K	(1.4B)	(1.4B)	1.1M	(1.0M)	(1.1M)
Cash And Short Term Investments	5.7M	24.6M	5.5M	9.5M	8.9M	8.7M
Net Receivables	3.2M	2.5M	3.7M	7.3M	2.8M	3.0M
Common Stock Shares Outstanding	11.9M	15.6M	15.9M	16.4M	16.4M	23.6M
Liabilities And Stockholders Equity	1.4B	1.4B	1.4B	1.5B	1.3B	908.5M
Non Current Liabilities Total	709.6M	804.1M	703.9M	698.0M	698.6M	487.8M
Inventory	(14K)	(496K)	(1.5M)	84.3M	54.3M	57.0M
Other Current Assets	4.2M	2.0M	4.4M	5.2M	5.0M	5.3M
Total Liab	848.2M	879.7M	881.1M	928.2M	870.9M	578.3M
Total Current Assets	12.1M	28.6M	12.0M	106.3M	71.2M	74.7M
Short Term Debt	111.2M	36.4M	139.2M	177.7M	126.6M	66.4M
Common Stock	519.2M	528.2M	544.1M	563.3M	561.9M	343.2M
Net Tangible Assets	527.3M	525.2M	540.1M	522.1M	600.5M	347.7M
Other Assets	910K	4.1M	5.6M	2.8M	3.3M	2.2M
Long Term Debt	681.3M	776.0M	681.2M	683.4M	694.4M	511.8M
Short Long Term Debt	111.2M	36.4M	139.2M	177.7M	126.6M	83.8M
Property Plant Equipment	1.4B	1.4B	1.4B	1.3B	1.5B	915.8M
Other Stockholder Equity	(8.1M)	3.0M	4.0M	41.1M	109.1M	114.5M
Non Current Liabilities Other	28.1M	24.3M	22.4M	14.6M	4.2M	4.0M
Net Invested Capital	1.3B	1.3B	1.4B	1.4B	1.3B	1.3B
Net Working Capital	(126.5M)	(47.0M)	(165.2M)	(123.9M)	(101.1M)	(106.2M)
Capital Stock	519.2M	528.2M	544.1M	563.3M	561.9M	560.6M

Pair Trading with True North

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 True North 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 True North will appreciate offsetting losses from the drop in the long position's value.

Moving against True Stock

0.31

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Pair Corr

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

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

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

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True Free Cash Flow Per Share vs Dividend Yield Analysis

Free Cash Flow Per Share vs Dividend Yield

Free Cash Flow Per Share vs Dividend Yield Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Dividend Yield

True North fundamental ratios Correlations

True North Account Relationship Matchups

High Positive Relationship

High Negative Relationship

True North fundamental ratios Accounts

Pair Trading with True North

Moving against True Stock

Other Information on Investing in True Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets

Inventory	- 0.78	Retained Earnings
Other Assets	- 0.76	Non Currrent Assets Other
Total Current Assets	- 0.74	Retained Earnings
Accounts Payable	- 0.7	Retained Earnings
Non Currrent Assets Other	- 0.66	Other Current Liab
Other Current Assets	- 0.61	Retained Earnings