SNC Other Stockholder Equity vs Cash Analysis

ATRL Stock   75.09  0.80  1.08%   
SNC Lavalin financial indicator trend analysis is much more than just breaking down SNC Lavalin Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SNC Lavalin Group is a good investment. Please check the relationship between SNC Lavalin Other Stockholder Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SNC Lavalin Group. 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.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNC Lavalin Group Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between SNC Lavalin's Other Stockholder Equity and Cash is 0.29. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of SNC Lavalin Group, assuming nothing else is changed. The correlation between historical values of SNC Lavalin's Other Stockholder Equity 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 Other Stockholder Equity of SNC Lavalin Group 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 Other Stockholder Equity i.e., SNC Lavalin's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of SNC Lavalin Group, which is listed under current asset account on SNC Lavalin Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SNC Lavalin customers. The amounts must be unrestricted with restricted cash listed in a different SNC Lavalin 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 SNC Lavalin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SNC Lavalin Group 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 SNC Lavalin Group. 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, SNC Lavalin's Selling General Administrative is very stable compared to the past year. As of the 20th of December 2024, Enterprise Value Over EBITDA is likely to grow to 13.11, while Tax Provision is likely to drop (33.5 M).
 2021 2022 2023 2024 (projected)
Total Revenue7.4B7.5B8.5B6.4B
Depreciation And Amortization271.3M251.5M247.7M161.0M

SNC Lavalin fundamental ratios Correlations

0.70.540.90.810.150.520.540.910.350.960.490.370.470.480.72-0.310.37-0.170.940.870.310.690.290.660.66
0.7-0.050.470.220.560.94-0.070.44-0.080.820.34-0.080.460.450.96-0.11-0.13-0.190.850.330.590.54-0.120.280.24
0.54-0.050.670.62-0.38-0.210.440.660.480.390.350.50.210.310.06-0.330.35-0.030.40.7-0.220.380.430.390.58
0.90.470.670.750.020.260.570.960.510.790.410.510.480.430.47-0.330.31-0.190.840.940.290.480.40.810.59
0.810.220.620.75-0.350.110.770.790.270.720.280.310.350.390.25-0.380.58-0.140.570.820.080.690.270.480.87
0.150.56-0.380.02-0.350.43-0.10.050.240.230.390.29-0.27-0.250.640.44-0.020.150.41-0.04-0.01-0.270.310.3-0.59
0.520.94-0.210.260.110.43-0.260.2-0.410.70.14-0.40.470.520.84-0.17-0.27-0.270.660.070.660.53-0.390.020.25
0.54-0.070.440.570.77-0.1-0.260.680.560.410.30.64-0.15-0.190.02-0.030.850.020.320.68-0.280.20.680.660.42
0.910.440.660.960.790.050.20.680.60.790.430.60.40.280.48-0.280.45-0.130.830.960.180.50.510.790.58
0.35-0.080.480.510.270.24-0.410.560.60.140.490.94-0.16-0.340.090.210.450.290.340.67-0.35-0.130.820.68-0.11
0.960.820.390.790.720.230.70.410.790.140.470.180.450.520.83-0.30.29-0.220.940.710.380.730.150.520.64
0.490.340.350.410.280.390.140.30.430.490.470.56-0.160.220.490.210.20.20.530.45-0.30.150.440.370.04
0.37-0.080.50.510.310.29-0.40.640.60.940.180.56-0.36-0.320.10.30.540.380.340.63-0.51-0.140.940.68-0.1
0.470.460.210.480.35-0.270.47-0.150.4-0.160.45-0.16-0.360.640.31-0.6-0.35-0.530.460.40.810.52-0.530.140.54
0.480.450.310.430.39-0.250.52-0.190.28-0.340.520.22-0.320.640.35-0.49-0.37-0.360.450.30.420.54-0.460.00.58
0.720.960.060.470.250.640.840.020.480.090.830.490.10.310.35-0.050.03-0.090.870.390.370.510.050.320.18
-0.31-0.11-0.33-0.33-0.380.44-0.17-0.03-0.280.21-0.30.210.3-0.6-0.49-0.05-0.130.81-0.21-0.26-0.32-0.320.34-0.15-0.56
0.37-0.130.350.310.58-0.02-0.270.850.450.450.290.20.54-0.35-0.370.03-0.13-0.020.190.45-0.470.120.640.50.28
-0.17-0.19-0.03-0.19-0.140.15-0.270.02-0.130.29-0.220.20.38-0.53-0.36-0.090.81-0.02-0.16-0.05-0.39-0.020.38-0.2-0.25
0.940.850.40.840.570.410.660.320.830.340.940.530.340.460.450.87-0.210.19-0.160.750.380.580.250.640.44
0.870.330.70.940.82-0.040.070.680.960.670.710.450.630.40.30.39-0.260.45-0.050.750.110.480.490.770.58
0.310.59-0.220.290.08-0.010.66-0.280.18-0.350.38-0.3-0.510.810.420.37-0.32-0.47-0.390.380.110.41-0.580.070.32
0.690.540.380.480.69-0.270.530.20.5-0.130.730.15-0.140.520.540.51-0.320.12-0.020.580.480.41-0.170.00.84
0.29-0.120.430.40.270.31-0.390.680.510.820.150.440.94-0.53-0.460.050.340.640.380.250.49-0.58-0.170.59-0.12
0.660.280.390.810.480.30.020.660.790.680.520.370.680.140.00.32-0.150.5-0.20.640.770.070.00.590.14
0.660.240.580.590.87-0.590.250.420.58-0.110.640.04-0.10.540.580.18-0.560.28-0.250.440.580.320.84-0.120.14
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SNC Lavalin Account Relationship Matchups

SNC Lavalin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.6B10.3B9.9B9.5B10.2B7.7B
Short Long Term Debt Total2.7B2.5B2.2B2.5B2.4B1.9B
Other Current Liab960.1M1.4B1.3B748.6M836.1M764.5M
Total Current Liabilities4.5B4.3B4.0B3.9B4.8B3.3B
Total Stockholder Equity3.7B2.6B3.0B2.9B3.2B2.0B
Property Plant And Equipment Net909.4M722.7M689.1M622.3M587.2M557.8M
Net Debt1.5B1.6B1.6B1.9B1.9B1.1B
Retained Earnings1.6B478.4M1.5B1.4B1.7B1.2B
Accounts Payable2.2B1.7B1.7B1.7B1.8B1.6B
Cash1.2B932.9M608.4M570.3M479.5M885.7M
Non Current Assets Total6.5B6.3B6.2B6.1B6.1B4.3B
Non Currrent Assets Other453.0M478.4M565.2M473.6M130.7M124.1M
Cash And Short Term Investments1.3B1.1B680.2M645.1M486.6M462.3M
Net Receivables3.5B2.5B2.4B2.5B3.3B3.4B
Liabilities And Stockholders Equity11.6B10.3B9.9B9.5B10.2B7.7B
Non Current Liabilities Total3.4B3.5B2.9B2.6B2.2B2.3B
Inventory84.9M16.1M17.0M17.4M20.4M19.4M
Other Current Assets220.9M253.3M515.3M99.0M285.7M452.0M
Total Liab7.9B7.8B6.9B6.6B7.0B5.6B
Total Current Assets5.2B4.1B3.6B3.4B4.1B3.4B
Short Term Debt524.3M303.6M202.2M634.9M862.7M905.9M
Intangible Assets665.6M544.1M445.7M345.5M270.1M353.4M
Short Term Investments125.4M150.2M71.8M74.8M7.1M6.8M
Current Deferred Revenue890.0M837.0M838.2M846.8M1.3B853.5M
Accumulated Other Comprehensive Income354.1M274.1M(333.3M)(340.2M)(293.5M)(278.9M)
Good Will3.4B3.4B3.4B3.4B3.3B2.5B

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

  0.9STN StantecPairCorr
  0.86ARE Aecon GroupPairCorr

Moving against SNC Stock

  0.82AEP Atlas Engineered ProductsPairCorr
  0.68ELF-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

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