WildBrain Property Plant And Equipment Gross vs Cash Analysis

WILD Stock  CAD 0.99  0.01  1.00%   
WildBrain financial indicator trend analysis is more than just analyzing WildBrain current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WildBrain is a good investment. Please check the relationship between WildBrain Property Plant And Equipment Gross and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WildBrain. 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.

Property Plant And Equipment Gross vs Cash

Property Plant And Equipment Gross vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WildBrain Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WildBrain's Property Plant And Equipment Gross and Cash is 0.52. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of WildBrain, assuming nothing else is changed. The correlation between historical values of WildBrain's Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of WildBrain are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., WildBrain's Property Plant And Equipment Gross and Cash go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Cash

Cash refers to the most liquid asset of WildBrain, which is listed under current asset account on WildBrain balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from WildBrain customers. The amounts must be unrestricted with restricted cash listed in a different WildBrain account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from WildBrain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WildBrain 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WildBrain. 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, WildBrain's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.24, though Tax Provision is likely to grow to (14.1 M).
 2021 2022 2023 2024 (projected)
Total Revenue507.2M532.9M461.8M257.5M
Depreciation And Amortization34.2M34.3M39.4M24.1M

WildBrain fundamental ratios Correlations

0.410.820.390.740.630.98-0.260.860.740.98-0.10.590.940.760.730.47-0.290.990.370.940.93-0.080.970.80.94
0.410.63-0.130.240.810.37-0.580.160.260.370.360.620.480.560.360.2-0.350.390.550.440.56-0.130.330.280.41
0.820.630.130.540.820.81-0.470.720.620.75-0.090.770.770.690.650.48-0.150.840.60.860.92-0.010.750.830.73
0.39-0.130.13-0.08-0.210.340.720.410.190.340.1-0.160.290.080.620.350.190.32-0.590.450.180.660.320.450.14
0.740.240.54-0.080.50.7-0.580.650.80.74-0.190.650.710.750.460.31-0.250.750.580.650.69-0.350.790.410.8
0.630.810.82-0.210.50.58-0.750.50.50.59-0.020.80.730.720.460.48-0.450.630.780.620.76-0.340.580.40.63
0.980.370.810.340.70.58-0.230.810.640.98-0.090.520.860.670.610.41-0.210.990.330.890.95-0.130.970.840.95
-0.26-0.58-0.470.72-0.58-0.75-0.23-0.17-0.42-0.260.12-0.73-0.38-0.58-0.05-0.070.38-0.3-0.94-0.23-0.430.61-0.28-0.01-0.41
0.860.160.720.410.650.50.81-0.170.80.82-0.270.540.870.60.730.5-0.150.860.340.870.750.00.850.70.75
0.740.260.620.190.80.50.64-0.420.80.66-0.050.80.790.780.750.39-0.140.740.520.810.64-0.050.720.490.65
0.980.370.750.340.740.590.98-0.260.820.66-0.120.510.910.70.620.39-0.360.970.340.860.92-0.210.990.740.97
-0.10.36-0.090.1-0.19-0.02-0.090.12-0.27-0.05-0.120.07-0.16-0.14-0.03-0.020.1-0.12-0.21-0.06-0.030.13-0.09-0.08-0.12
0.590.620.77-0.160.650.80.52-0.730.540.80.510.070.640.750.590.36-0.170.60.80.670.7-0.210.550.40.54
0.940.480.770.290.710.730.86-0.380.870.790.91-0.160.640.840.760.52-0.420.920.480.910.83-0.160.890.630.87
0.760.560.690.080.750.720.67-0.580.60.780.7-0.140.750.840.750.5-0.310.750.640.810.68-0.090.690.470.7
0.730.360.650.620.460.460.61-0.050.730.750.62-0.030.590.760.750.660.010.690.210.860.590.420.620.580.48
0.470.20.480.350.310.480.41-0.070.50.390.39-0.020.360.520.50.660.030.470.140.580.410.320.410.370.27
-0.29-0.35-0.150.19-0.25-0.45-0.210.38-0.15-0.14-0.360.1-0.17-0.42-0.310.010.03-0.23-0.27-0.15-0.230.48-0.270.04-0.4
0.990.390.840.320.750.630.99-0.30.860.740.97-0.120.60.920.750.690.47-0.230.420.930.94-0.110.980.820.95
0.370.550.6-0.590.580.780.33-0.940.340.520.34-0.210.80.480.640.210.14-0.270.420.370.52-0.510.370.150.46
0.940.440.860.450.650.620.89-0.230.870.810.86-0.060.670.910.810.860.58-0.150.930.370.850.150.860.840.79
0.930.560.920.180.690.760.95-0.430.750.640.92-0.030.70.830.680.590.41-0.230.940.520.85-0.20.920.80.91
-0.08-0.13-0.010.66-0.35-0.34-0.130.610.0-0.05-0.210.13-0.21-0.16-0.090.420.320.48-0.11-0.510.15-0.2-0.210.25-0.37
0.970.330.750.320.790.580.97-0.280.850.720.99-0.090.550.890.690.620.41-0.270.980.370.860.92-0.210.730.97
0.80.280.830.450.410.40.84-0.010.70.490.74-0.080.40.630.470.580.370.040.820.150.840.80.250.730.68
0.940.410.730.140.80.630.95-0.410.750.650.97-0.120.540.870.70.480.27-0.40.950.460.790.91-0.370.970.68
Click cells to compare fundamentals

WildBrain Account Relationship Matchups

WildBrain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.2B1.2B1.1B717.2M
Other Current Liab48.4M31.4M19.1M75.5M86.9M91.2M
Total Current Liabilities233.3M250.7M368.9M353.8M417.6M438.5M
Total Stockholder Equity81.4M68.6M79.4M76.0M(10.7M)(10.2M)
Property Plant And Equipment Net54.2M47.2M39.3M34.2M26.3M20.4M
Current Deferred Revenue48.4M42.0M58.1M75.5M86.9M91.2M
Net Debt561.6M513.2M573.8M539.6M532.9M311.9M
Retained Earnings(309.3M)(316.4M)(310.8M)(356.3M)(462.3M)(439.2M)
Cash67.9M78.4M59.9M80.3M49.7M38.7M
Non Current Assets Total712.3M686.6M728.6M646.9M555.0M392.7M
Non Currrent Assets Other21.0M52.0M(551.1M)58.0M52.2M54.9M
Cash And Short Term Investments67.9M78.4M59.9M80.3M92.4M97.0M
Net Receivables200.2M195.2M249.7M294.0M209.2M145.9M
Common Stock Shares Outstanding156.7M171.2M172.6M177.4M206.1M110.5M
Liabilities And Stockholders Equity1.1B1.1B1.2B1.2B1.4B1.5B
Inventory140.5M147.8M163.6M175.7M159.6M125.9M
Other Current Assets8.8M6.2M8.6M7.6M10.6M7.1M
Other Stockholder Equity(56.9M)(50.9M)(57.9M)(49.3M)(44.3M)(42.1M)
Total Liab804.8M825.0M903.8M888.7M806.7M492.9M
Property Plant And Equipment Gross54.2M118.1M123.6M130.2M134.5M141.3M
Total Current Assets434.1M441.3M490.5M567.0M498.2M324.6M
Short Long Term Debt Total629.5M591.6M633.7M619.9M712.9M748.6M
Non Current Liabilities Total571.6M574.3M534.9M534.9M389.1M301.7M
Accumulated Other Comprehensive Income(12.1M)(21.4M)(22.5M)(15.8M)(14.2M)(14.9M)
Short Term Debt86.0M78.4M129.8M106.8M122.8M77.5M
Intangible Assets581.7M534.2M541.7M533.2M466.0M277.0M
Good Will55.3M53.2M54.0M21.4M28.5M27.1M
Common Stock366.2M367.4M368.7M405.6M466.5M310.6M
Other Assets(79K)152.7M177.5M143.5M165.0M116.8M
Long Term Debt502.0M478.9M477.8M490.2M367.4M537.3M
Long Term Debt Total543.6M513.3M503.9M513.1M590.1M567.3M
Capital Surpluse36.5M39.0M44.0M42.5M48.9M34.6M
Property Plant Equipment54.2M47.2M39.3M34.2M39.4M35.4M
Other Liab28.0M61.1M31.0M21.7M25.0M36.8M
Net Tangible Assets(446.5M)(418.2M)(423.6M)(393.1M)(353.8M)(371.5M)
Short Long Term Debt76.7M68.9M119.7M97.7M215.2M110.4M
Non Current Liabilities Other2.6M16.6M20.9M14.4M5.2M10.1M

Pair Trading with WildBrain

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

Moving together with WildBrain Stock

  0.85TC Tucows IncPairCorr

Moving against WildBrain Stock

  0.79NA-PG National BankPairCorr
  0.53PPL-PA Pembina Pipeline CorpPairCorr
  0.32MRT-UN Morguard Real EstatePairCorr
The ability to find closely correlated positions to WildBrain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WildBrain 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 WildBrain - 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 WildBrain to buy it.
The correlation of WildBrain 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 WildBrain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WildBrain 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 WildBrain 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 CorrelationCorrelation Matching

Other Information on Investing in WildBrain Stock

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