Snc Lavalin Group Stock Total Asset

ATRL Stock   75.09  0.80  1.08%   
SNC Lavalin Group fundamentals help investors to digest information that contributes to SNC Lavalin's financial success or failures. It also enables traders to predict the movement of SNC Stock. The fundamental analysis module provides a way to measure SNC Lavalin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SNC Lavalin stock.
Last ReportedProjected for Next Year
Total Assets10.2 B7.7 B
Intangibles To Total Assets 0.35  0.37 
As of the 20th of December 2024, Intangibles To Total Assets is likely to grow to 0.37, while Total Assets are likely to drop about 7.7 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SNC Lavalin Group Company Total Asset Analysis

SNC Lavalin's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current SNC Lavalin Total Asset

    
  10.17 B  
Most of SNC Lavalin's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SNC Lavalin Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SNC Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for SNC Lavalin is extremely important. It helps to project a fair market value of SNC Stock properly, considering its historical fundamentals such as Total Asset. Since SNC Lavalin's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SNC Lavalin's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SNC Lavalin's interrelated accounts and indicators.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

SNC Total Assets

Total Assets

7.66 Billion

At this time, SNC Lavalin's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, SNC Lavalin Group has a Total Asset of 10.17 B. This is 153.91% higher than that of the Industrials sector and 174.2% higher than that of the Engineering & Construction industry. The total asset for all Canada stocks is 65.49% higher than that of the company.

SNC Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SNC Lavalin's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SNC Lavalin could also be used in its relative valuation, which is a method of valuing SNC Lavalin by comparing valuation metrics of similar companies.
SNC Lavalin is currently under evaluation in total asset category among its peers.

SNC Fundamentals

About SNC Lavalin Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SNC Lavalin Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SNC Lavalin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SNC Lavalin Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with SNC Lavalin

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

Moving together with SNC Stock

  0.67WSP WSP GlobalPairCorr
  0.88STN StantecPairCorr
  0.85ARE Aecon GroupPairCorr
  0.62BDT Bird ConstructionPairCorr

Moving against SNC Stock

  0.82AEP Atlas Engineered ProductsPairCorr
  0.66ELF-PH E L FinancialPairCorr
The ability to find closely correlated positions to SNC Lavalin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SNC Lavalin 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 SNC Lavalin - 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 SNC Lavalin Group to buy it.
The correlation of SNC Lavalin 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 SNC Lavalin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SNC Lavalin Group 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 SNC Lavalin 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 SNC Stock

SNC Lavalin financial ratios help investors to determine whether SNC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SNC with respect to the benefits of owning SNC Lavalin security.