Andrew Non Current Liabilities Total vs Intangible Assets Analysis

ADW-A Stock  CAD 4.01  0.01  0.25%   
Andrew Peller financial indicator trend analysis is way more than just evaluating Andrew Peller Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andrew Peller Limited is a good investment. Please check the relationship between Andrew Peller Non Current Liabilities Total and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Andrew Peller Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andrew Peller Limited Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Andrew Peller's Non Current Liabilities Total and Intangible Assets is 0.88. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Andrew Peller Limited, assuming nothing else is changed. The correlation between historical values of Andrew Peller's Non Current Liabilities Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Andrew Peller Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Andrew Peller's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Andrew Peller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andrew Peller Limited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Andrew Peller Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to drop to about 73.2 M in 2024. Tax Provision is likely to gain to about (32.3 K) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit129.9M132.1M140.3M101.8M
Total Revenue373.9M382.1M385.9M257.3M

Andrew Peller fundamental ratios Correlations

0.820.720.220.980.860.840.970.64-0.250.87-0.68-0.570.88-0.670.760.990.9-0.630.840.741.0-0.120.870.870.74
0.820.910.120.770.961.00.740.46-0.270.98-0.57-0.780.68-0.850.960.80.75-0.490.990.940.8-0.30.840.860.9
0.720.910.090.680.90.910.660.4-0.270.91-0.43-0.840.67-0.70.90.690.67-0.350.930.910.7-0.350.770.730.79
0.220.120.090.180.120.180.220.76-0.80.160.02-0.360.530.1-0.160.250.130.290.19-0.190.230.89-0.18-0.01-0.05
0.980.770.680.180.860.790.990.62-0.180.85-0.69-0.490.86-0.680.720.960.94-0.690.790.710.98-0.150.830.850.74
0.860.960.90.120.860.960.830.5-0.220.99-0.62-0.710.73-0.890.920.820.87-0.580.960.910.83-0.290.810.90.94
0.841.00.910.180.790.960.750.52-0.330.98-0.58-0.810.72-0.820.940.830.75-0.471.00.920.82-0.240.830.840.88
0.970.740.660.220.990.830.750.65-0.220.82-0.65-0.470.89-0.630.680.950.93-0.680.770.670.97-0.10.780.80.68
0.640.460.40.760.620.50.520.65-0.650.54-0.43-0.480.77-0.20.280.670.5-0.290.540.250.650.470.330.340.28
-0.25-0.27-0.27-0.8-0.18-0.22-0.33-0.22-0.65-0.27-0.270.59-0.54-0.08-0.07-0.330.01-0.34-0.34-0.02-0.29-0.60.08-0.05-0.02
0.870.980.910.160.850.990.980.820.54-0.27-0.61-0.740.75-0.860.940.840.83-0.560.990.920.85-0.270.830.880.91
-0.68-0.57-0.430.02-0.69-0.62-0.58-0.65-0.43-0.27-0.610.23-0.40.67-0.56-0.62-0.770.79-0.56-0.56-0.640.22-0.7-0.66-0.64
-0.57-0.78-0.84-0.36-0.49-0.71-0.81-0.47-0.480.59-0.740.23-0.590.48-0.68-0.59-0.410.02-0.8-0.67-0.570.01-0.54-0.56-0.59
0.880.680.670.530.860.730.720.890.77-0.540.75-0.4-0.59-0.420.550.880.75-0.330.740.520.890.20.610.650.52
-0.67-0.85-0.70.1-0.68-0.89-0.82-0.63-0.2-0.08-0.860.670.48-0.42-0.85-0.59-0.790.6-0.81-0.83-0.610.41-0.68-0.87-0.97
0.760.960.9-0.160.720.920.940.680.28-0.070.94-0.56-0.680.55-0.850.740.71-0.570.940.990.74-0.550.880.840.89
0.990.80.690.250.960.820.830.950.67-0.330.84-0.62-0.590.88-0.590.740.84-0.610.830.711.0-0.090.850.80.67
0.90.750.670.130.940.870.750.930.50.010.83-0.77-0.410.75-0.790.710.84-0.70.750.70.87-0.180.770.850.8
-0.63-0.49-0.350.29-0.69-0.58-0.47-0.68-0.29-0.34-0.560.790.02-0.330.6-0.57-0.61-0.7-0.48-0.59-0.620.48-0.68-0.58-0.56
0.840.990.930.190.790.961.00.770.54-0.340.99-0.56-0.80.74-0.810.940.830.75-0.480.920.82-0.250.830.830.87
0.740.940.91-0.190.710.910.920.670.25-0.020.92-0.56-0.670.52-0.830.990.710.7-0.590.920.71-0.590.880.820.88
1.00.80.70.230.980.830.820.970.65-0.290.85-0.64-0.570.89-0.610.741.00.87-0.620.820.71-0.10.860.820.68
-0.12-0.3-0.350.89-0.15-0.29-0.24-0.10.47-0.6-0.270.220.010.20.41-0.55-0.09-0.180.48-0.25-0.59-0.1-0.5-0.33-0.4
0.870.840.77-0.180.830.810.830.780.330.080.83-0.7-0.540.61-0.680.880.850.77-0.680.830.880.86-0.50.820.74
0.870.860.73-0.010.850.90.840.80.34-0.050.88-0.66-0.560.65-0.870.840.80.85-0.580.830.820.82-0.330.820.94
0.740.90.79-0.050.740.940.880.680.28-0.020.91-0.64-0.590.52-0.970.890.670.8-0.560.870.880.68-0.40.740.94
Click cells to compare fundamentals

Andrew Peller Account Relationship Matchups

Andrew Peller fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets513.9M542.5M558.1M566.7M553.2M289.0M
Short Long Term Debt Total183.1M192.4M208.3M227.8M226.5M237.8M
Other Current Liab22.5M24.7M19.2M21.8M26.6M27.9M
Total Current Liabilities130.5M54.6M54.4M59.9M58.7M69.2M
Total Stockholder Equity245.5M265.6M265.4M253.6M241.4M137.1M
Property Plant And Equipment Net221.1M223.9M224.2M223.9M227.1M238.5M
Net Debt200.9M189.6M207.0M242.5M226.5M237.8M
Retained Earnings218.3M236.8M233.7M220.0M206.8M125.4M
Accounts Payable34.3M24.8M29.7M27.0M22.6M21.9M
Non Current Assets Total299.8M317.2M321.9M320.6M322.8M339.0M
Non Currrent Assets Other(299.8M)(317.2M)(321.9M)(320.6M)1.6M1.7M
Cash And Short Term Investments(17.8M)2.7M1.3M(14.7M)(18.0M)(17.1M)
Net Receivables35.3M34.9M29.9M29.6M33.4M22.3M
Common Stock Shares Outstanding35.8M35.5M35.2M35.0M36.9M33.2M
Liabilities And Stockholders Equity513.9M542.5M558.1M566.7M553.2M289.0M
Non Current Liabilities Total137.9M222.3M238.3M253.3M253.0M265.7M
Inventory172.7M181.5M199.1M212.1M193.0M106.1M
Other Current Assets6.1M6.2M5.9M4.5M4.0M2.7M
Other Stockholder Equity4.8M(263.8M)(261M)(248.0M)6.6M6.9M
Total Liab268.4M276.9M292.7M313.1M311.8M327.4M
Property Plant And Equipment Gross221.1M374.1M380.8M394.6M411.2M431.7M
Total Current Assets214.1M225.3M236.2M246.2M230.4M132.4M
Accumulated Other Comprehensive Income(3.6M)(3.2M)(1.4M)(1.0M)(718K)(753.9K)
Short Term Debt72.7M3.8M4.1M9.5M5.6M5.3M
Intangible Assets25.1M39.7M44.0M43.1M40.5M20.6M
Common Stock26.0M27.0M27.3M28.0M28.8M18.1M
Current Deferred Revenue963K1.2M1.4M1.6M1.7M1.3M
Other Liab25.7M33.8M34.0M35.0M40.2M29.7M
Net Tangible Assets166.8M172.3M167.8M156.9M180.5M154.0M
Long Term Debt95.5M174.5M192.1M208.1M208.3M129.0M
Short Long Term Debt55.5M47.9M69.7M4.9M199K189.1K
Property Plant Equipment221.1M223.9M224.2M223.9M257.5M187.4M
Net Invested Capital410.8M440.1M457.5M466.7M449.9M472.4M
Net Working Capital83.7M170.7M181.8M186.3M171.7M156.5M
Capital Stock26.0M27.0M27.3M28.0M28.8M30.0M

Pair Trading with Andrew Peller

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 Andrew Peller 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 Andrew Peller will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Andrew Peller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andrew Peller 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 Andrew Peller - 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 Andrew Peller Limited to buy it.
The correlation of Andrew Peller 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 Andrew Peller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andrew Peller Limited 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 Andrew Peller 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

Additional Tools for Andrew Stock Analysis

When running Andrew Peller's price analysis, check to measure Andrew Peller'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 Andrew Peller is operating at the current time. Most of Andrew Peller's value examination focuses on studying past and present price action to predict the probability of Andrew Peller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andrew Peller's price. Additionally, you may evaluate how the addition of Andrew Peller to your portfolios can decrease your overall portfolio volatility.