Transat Income Quality vs Operating Cash Flow Per Share Analysis

TRZ Stock

CAD 1.81 0.01 0.56%

Transat AT financial indicator trend analysis is much more than just breaking down Transat AT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transat AT is a good investment. Please check the relationship between Transat AT Income Quality and its Operating Cash Flow Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transat AT. 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.

Income Quality vs Operating Cash Flow Per Share

Income Quality vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transat AT Income Quality account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Transat AT's Income Quality and Operating Cash Flow Per Share is -0.39. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Transat AT, assuming nothing else is changed. The correlation between historical values of Transat AT's Income Quality and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Transat AT are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Income Quality i.e., Transat AT's Income Quality and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Most indicators from Transat AT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transat AT 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 Transat AT. 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, Transat AT's Discontinued Operations is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 6.56, while Selling General Administrative is likely to drop about 202.6 K.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	210.0M	324.8M	292.4M	277.7M
Cost Of Revenue	1.7B	2.6B	3.0B	2.0B

Total Operating Expenses Cost Of Revenue

Transat AT 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	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.94	0.84	0.95	-0.72	0.89	0.8	-0.77	0.58	0.37	0.93	0.84	0.37	0.5	0.37	0.88	0.84	0.8	-0.27	0.95	0.87	0.58	0.58	-0.43	-0.3	0.51
Short Long Term Debt Total	0.94		0.82	0.83	-0.9	0.95	0.93	-0.92	0.48	0.17	0.96	0.84	0.18	0.44	0.43	0.98	0.9	0.68	-0.04	0.99	0.93	0.38	0.46	-0.63	-0.48	0.3
Other Current Liab	0.84	0.82		0.79	-0.72	0.8	0.75	-0.75	0.41	0.28	0.83	0.74	0.29	0.33	0.31	0.81	0.79	0.64	0.04	0.85	0.81	0.37	0.41	-0.51	-0.4	0.32
Total Current Liabilities	0.95	0.83	0.79		-0.56	0.73	0.64	-0.61	0.73	0.41	0.81	0.87	0.42	0.52	0.38	0.74	0.82	0.85	-0.4	0.85	0.72	0.66	0.66	-0.23	-0.23	0.57
Total Stockholder Equity	-0.72	-0.9	-0.72	-0.56		-0.91	-0.98	1.0	-0.27	0.16	-0.88	-0.69	0.15	-0.29	-0.44	-0.95	-0.81	-0.42	-0.25	-0.9	-0.9	-0.07	-0.13	0.8	0.6	0.03
Property Plant And Equipment Net	0.89	0.95	0.8	0.73	-0.91		0.96	-0.93	0.26	0.1	0.98	0.7	0.1	0.31	0.39	0.98	0.78	0.56	0.06	0.96	1.0	0.25	0.31	-0.73	-0.44	0.2
Net Debt	0.8	0.93	0.75	0.64	-0.98	0.96		-0.98	0.3	-0.13	0.94	0.71	-0.13	0.28	0.47	0.98	0.82	0.51	0.15	0.94	0.95	0.12	0.22	-0.75	-0.58	0.04
Retained Earnings	-0.77	-0.92	-0.75	-0.61	1.0	-0.93	-0.98		-0.33	0.1	-0.91	-0.71	0.1	-0.35	-0.42	-0.97	-0.81	-0.46	-0.17	-0.92	-0.92	-0.15	-0.19	0.75	0.55	-0.06
Accounts Payable	0.58	0.48	0.41	0.73	-0.27	0.26	0.3	-0.33		0.23	0.39	0.7	0.24	0.66	0.41	0.37	0.6	0.65	-0.57	0.49	0.24	0.64	0.54	0.23	-0.09	0.56
Cash	0.37	0.17	0.28	0.41	0.16	0.1	-0.13	0.1	0.23		0.13	0.24	1.0	0.4	-0.11	0.05	0.11	0.33	-0.37	0.15	0.08	0.75	0.4	0.1	0.3	0.72
Non Current Assets Total	0.93	0.96	0.83	0.81	-0.88	0.98	0.94	-0.91	0.39	0.13		0.73	0.13	0.36	0.42	0.97	0.8	0.62	-0.08	0.98	0.98	0.32	0.44	-0.61	-0.41	0.31
Non Currrent Assets Other	0.84	0.84	0.74	0.87	-0.69	0.7	0.71	-0.71	0.7	0.24	0.73		0.24	0.5	0.46	0.78	0.97	0.83	-0.11	0.85	0.66	0.52	0.38	-0.44	-0.47	0.25
Cash And Short Term Investments	0.37	0.18	0.29	0.42	0.15	0.1	-0.13	0.1	0.24	1.0	0.13	0.24		0.4	-0.11	0.05	0.12	0.34	-0.37	0.16	0.08	0.75	0.41	0.1	0.29	0.72
Net Receivables	0.5	0.44	0.33	0.52	-0.29	0.31	0.28	-0.35	0.66	0.4	0.36	0.5	0.4		0.0	0.36	0.37	0.41	-0.41	0.42	0.28	0.68	0.36	0.0	0.38	0.66
Common Stock Shares Outstanding	0.37	0.43	0.31	0.38	-0.44	0.39	0.47	-0.42	0.41	-0.11	0.42	0.46	-0.11	0.0		0.44	0.53	0.35	0.05	0.45	0.38	0.18	0.15	-0.25	-0.58	0.03
Non Current Liabilities Total	0.88	0.98	0.81	0.74	-0.95	0.98	0.98	-0.97	0.37	0.05	0.97	0.78	0.05	0.36	0.44		0.87	0.59	0.07	0.98	0.96	0.26	0.31	-0.72	-0.54	0.17
Inventory	0.84	0.9	0.79	0.82	-0.81	0.78	0.82	-0.81	0.6	0.11	0.8	0.97	0.12	0.37	0.53	0.87		0.74	0.01	0.9	0.76	0.38	0.33	-0.58	-0.62	0.15
Other Current Assets	0.8	0.68	0.64	0.85	-0.42	0.56	0.51	-0.46	0.65	0.33	0.62	0.83	0.34	0.41	0.35	0.59	0.74		-0.21	0.7	0.54	0.64	0.46	-0.15	-0.27	0.4
Other Stockholder Equity	-0.27	-0.04	0.04	-0.4	-0.25	0.06	0.15	-0.17	-0.57	-0.37	-0.08	-0.11	-0.37	-0.41	0.05	0.07	0.01	-0.21		-0.06	0.07	-0.52	-0.58	-0.61	-0.39	-0.7
Total Liab	0.95	0.99	0.85	0.85	-0.9	0.96	0.94	-0.92	0.49	0.15	0.98	0.85	0.16	0.42	0.45	0.98	0.9	0.7	-0.06		0.95	0.38	0.42	-0.62	-0.48	0.29
Property Plant And Equipment Gross	0.87	0.93	0.81	0.72	-0.9	1.0	0.95	-0.92	0.24	0.08	0.98	0.66	0.08	0.28	0.38	0.96	0.76	0.54	0.07	0.95		0.22	0.29	-0.73	-0.43	0.19
Total Current Assets	0.58	0.38	0.37	0.66	-0.07	0.25	0.12	-0.15	0.64	0.75	0.32	0.52	0.75	0.68	0.18	0.26	0.38	0.64	-0.52	0.38	0.22		0.53	0.15	0.21	0.84
Short Term Debt	0.58	0.46	0.41	0.66	-0.13	0.31	0.22	-0.19	0.54	0.4	0.44	0.38	0.41	0.36	0.15	0.31	0.33	0.46	-0.58	0.42	0.29	0.53		0.25	0.06	0.71
Intangible Assets	-0.43	-0.63	-0.51	-0.23	0.8	-0.73	-0.75	0.75	0.23	0.1	-0.61	-0.44	0.1	0.0	-0.25	-0.72	-0.58	-0.15	-0.61	-0.62	-0.73	0.15	0.25		0.53	0.34
Current Deferred Revenue	-0.3	-0.48	-0.4	-0.23	0.6	-0.44	-0.58	0.55	-0.09	0.3	-0.41	-0.47	0.29	0.38	-0.58	-0.54	-0.62	-0.27	-0.39	-0.48	-0.43	0.21	0.06	0.53		0.4
Common Stock Total Equity	0.51	0.3	0.32	0.57	0.03	0.2	0.04	-0.06	0.56	0.72	0.31	0.25	0.72	0.66	0.03	0.17	0.15	0.4	-0.7	0.29	0.19	0.84	0.71	0.34	0.4

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Transat AT Account Relationship Matchups

Transat AT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	1.9B	2.3B	2.6B	3.0B	3.1B
Short Long Term Debt Total	903.9M	1.4B	1.8B	1.9B	2.2B	2.3B
Other Current Liab	775.4M	385.1M	720.3M	907.8M	1.0B	1.1B
Total Current Liabilities	1.0B	630.2M	1.1B	1.3B	1.5B	1.5B
Total Stockholder Equity	66.3M	(315.1M)	(750.2M)	(779.0M)	(701.1M)	(666.1M)
Property Plant And Equipment Net	916.4M	974.2M	1.0B	1.1B	1.2B	1.3B
Net Debt	477.5M	986.3M	1.4B	1.5B	1.7B	1.8B
Retained Earnings	(164.1M)	(544.9M)	(984.6M)	(1.0B)	(907.6M)	(862.2M)
Accounts Payable	90.8M	72.1M	195.1M	185.2M	213.0M	180.1M
Cash	426.4M	433.2M	322.5M	435.6M	501.0M	343.1M
Non Current Assets Total	1.2B	1.2B	1.2B	1.4B	1.6B	1.6B
Non Currrent Assets Other	56.5M	30.7M	216.1M	251.9M	289.7M	304.2M
Cash And Short Term Investments	426.4M	433.2M	322.5M	435.6M	501.0M	348.4M
Net Receivables	97.7M	110.0M	270.6M	139.3M	160.2M	112.0M
Liabilities And Stockholders Equity	2.0B	1.9B	2.3B	2.6B	3.0B	3.1B
Non Current Liabilities Total	935.4M	1.6B	2.0B	2.1B	2.4B	2.5B
Inventory	10.0M	10.5M	26.7M	33.7M	38.8M	40.7M
Other Current Assets	317.0M	166.2M	412.0M	598.0M	687.8M	722.1M
Total Liab	1.9B	2.2B	3.0B	3.3B	3.9B	4.0B
Property Plant And Equipment Gross	2.0B	1.8B	1.9B	2.1B	2.4B	2.6B
Total Current Assets	851.1M	719.9M	1.0B	1.2B	1.4B	696.5M
Accumulated Other Comprehensive Income	(6.5M)	(7.2M)	(3.6M)	(10.4M)	(11.9M)	(12.5M)
Short Term Debt	148.0M	171.6M	137.2M	171.1M	196.7M	206.6M
Intangible Assets	25.5M	16.8M	13.3M	14.8M	13.3M	12.6M
Current Deferred Revenue	608.9M	292.2M	602.5M	(20.8M)	(23.9M)	(22.7M)
Other Liab	214.0M	179.5M	318.7M	345.2M	397.0M	416.8M
Net Tangible Assets	520.6M	40.8M	(332.0M)	(763.4M)	(687.1M)	(652.7M)
Other Assets	260.9M	208.5M	177.2M	217.0M	249.6M	175.8M
Deferred Long Term Liab	26.5M	33.7M	19.4M	12.6M	14.4M	12.9M
Long Term Investments	14.5M	9.5M	8.8M	11.8M	10.6M	10.1M
Property Plant Equipment	891.4M	916.4M	974.2M	1.0B	1.2B	1.2B
Long Term Debt Total	566.1M	755.9M	1.2B	1.6B	1.9B	1.9B
Cash And Equivalents	564.8M	426.4M	433.2M	322.5M	290.3M	376.9M

Pair Trading with Transat AT

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 Transat AT 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 Transat AT will appreciate offsetting losses from the drop in the long position's value.

Moving against Transat Stock

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Pair Corr

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

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

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

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Transat Income Quality vs Operating Cash Flow Per Share Analysis

Income Quality vs Operating Cash Flow Per Share

Income Quality vs Operating Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Income Quality

Operating Cash Flow Per Share

Transat AT fundamental ratios Correlations

Transat AT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Transat AT fundamental ratios Accounts

Pair Trading with Transat AT

Moving against Transat Stock

Other Information on Investing in Transat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Retained Earnings	- 0.98	Net Debt
Net Debt	- 0.98	Total Stockholder Equity
Non Current Liabilities Total	- 0.97	Retained Earnings
Non Current Liabilities Total	- 0.95	Total Stockholder Equity
Retained Earnings	- 0.93	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.92	Retained Earnings