SNC Total Stockholder Equity vs Cash And Short Term Investments 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 Total Stockholder Equity and its Cash And Short Term Investments 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.

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNC Lavalin Group Total Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between SNC Lavalin's Total Stockholder Equity and Cash And Short Term Investments is 0.31. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Total Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of SNC Lavalin Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., SNC Lavalin's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of SNC Lavalin Group balance sheet. This account contains SNC Lavalin investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SNC Lavalin Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Revenue	7.4B	7.5B	8.5B	6.4B
Depreciation And Amortization	271.3M	251.5M	247.7M	161.0M

Total Revenue Depreciation And Amortization

SNC Lavalin 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	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Current Deferred Revenue	Good Will
Total Assets		0.7	0.54	0.9	0.81	0.15	0.52	0.54	0.91	0.35	0.96	0.49	0.37	0.47	0.48	0.72	-0.31	0.37	-0.17	0.94	0.87	0.31	0.69	0.29	0.66	0.66
Short Long Term Debt Total	0.7		-0.05	0.47	0.22	0.56	0.94	-0.07	0.44	-0.08	0.82	0.34	-0.08	0.46	0.45	0.96	-0.11	-0.13	-0.19	0.85	0.33	0.59	0.54	-0.12	0.28	0.24
Other Current Liab	0.54	-0.05		0.67	0.62	-0.38	-0.21	0.44	0.66	0.48	0.39	0.35	0.5	0.21	0.31	0.06	-0.33	0.35	-0.03	0.4	0.7	-0.22	0.38	0.43	0.39	0.58
Total Current Liabilities	0.9	0.47	0.67		0.75	0.02	0.26	0.57	0.96	0.51	0.79	0.41	0.51	0.48	0.43	0.47	-0.33	0.31	-0.19	0.84	0.94	0.29	0.48	0.4	0.81	0.59
Total Stockholder Equity	0.81	0.22	0.62	0.75		-0.35	0.11	0.77	0.79	0.27	0.72	0.28	0.31	0.35	0.39	0.25	-0.38	0.58	-0.14	0.57	0.82	0.08	0.69	0.27	0.48	0.87
Property Plant And Equipment Net	0.15	0.56	-0.38	0.02	-0.35		0.43	-0.1	0.05	0.24	0.23	0.39	0.29	-0.27	-0.25	0.64	0.44	-0.02	0.15	0.41	-0.04	-0.01	-0.27	0.31	0.3	-0.59
Net Debt	0.52	0.94	-0.21	0.26	0.11	0.43		-0.26	0.2	-0.41	0.7	0.14	-0.4	0.47	0.52	0.84	-0.17	-0.27	-0.27	0.66	0.07	0.66	0.53	-0.39	0.02	0.25
Retained Earnings	0.54	-0.07	0.44	0.57	0.77	-0.1	-0.26		0.68	0.56	0.41	0.3	0.64	-0.15	-0.19	0.02	-0.03	0.85	0.02	0.32	0.68	-0.28	0.2	0.68	0.66	0.42
Accounts Payable	0.91	0.44	0.66	0.96	0.79	0.05	0.2	0.68		0.6	0.79	0.43	0.6	0.4	0.28	0.48	-0.28	0.45	-0.13	0.83	0.96	0.18	0.5	0.51	0.79	0.58
Cash	0.35	-0.08	0.48	0.51	0.27	0.24	-0.41	0.56	0.6		0.14	0.49	0.94	-0.16	-0.34	0.09	0.21	0.45	0.29	0.34	0.67	-0.35	-0.13	0.82	0.68	-0.11
Non Current Assets Total	0.96	0.82	0.39	0.79	0.72	0.23	0.7	0.41	0.79	0.14		0.47	0.18	0.45	0.52	0.83	-0.3	0.29	-0.22	0.94	0.71	0.38	0.73	0.15	0.52	0.64
Non Currrent Assets Other	0.49	0.34	0.35	0.41	0.28	0.39	0.14	0.3	0.43	0.49	0.47		0.56	-0.16	0.22	0.49	0.21	0.2	0.2	0.53	0.45	-0.3	0.15	0.44	0.37	0.04
Cash And Short Term Investments	0.37	-0.08	0.5	0.51	0.31	0.29	-0.4	0.64	0.6	0.94	0.18	0.56		-0.36	-0.32	0.1	0.3	0.54	0.38	0.34	0.63	-0.51	-0.14	0.94	0.68	-0.1
Net Receivables	0.47	0.46	0.21	0.48	0.35	-0.27	0.47	-0.15	0.4	-0.16	0.45	-0.16	-0.36		0.64	0.31	-0.6	-0.35	-0.53	0.46	0.4	0.81	0.52	-0.53	0.14	0.54
Common Stock Shares Outstanding	0.48	0.45	0.31	0.43	0.39	-0.25	0.52	-0.19	0.28	-0.34	0.52	0.22	-0.32	0.64		0.35	-0.49	-0.37	-0.36	0.45	0.3	0.42	0.54	-0.46	0.0	0.58
Non Current Liabilities Total	0.72	0.96	0.06	0.47	0.25	0.64	0.84	0.02	0.48	0.09	0.83	0.49	0.1	0.31	0.35		-0.05	0.03	-0.09	0.87	0.39	0.37	0.51	0.05	0.32	0.18
Inventory	-0.31	-0.11	-0.33	-0.33	-0.38	0.44	-0.17	-0.03	-0.28	0.21	-0.3	0.21	0.3	-0.6	-0.49	-0.05		-0.13	0.81	-0.21	-0.26	-0.32	-0.32	0.34	-0.15	-0.56
Other Current Assets	0.37	-0.13	0.35	0.31	0.58	-0.02	-0.27	0.85	0.45	0.45	0.29	0.2	0.54	-0.35	-0.37	0.03	-0.13		-0.02	0.19	0.45	-0.47	0.12	0.64	0.5	0.28
Other Stockholder Equity	-0.17	-0.19	-0.03	-0.19	-0.14	0.15	-0.27	0.02	-0.13	0.29	-0.22	0.2	0.38	-0.53	-0.36	-0.09	0.81	-0.02		-0.16	-0.05	-0.39	-0.02	0.38	-0.2	-0.25
Total Liab	0.94	0.85	0.4	0.84	0.57	0.41	0.66	0.32	0.83	0.34	0.94	0.53	0.34	0.46	0.45	0.87	-0.21	0.19	-0.16		0.75	0.38	0.58	0.25	0.64	0.44
Total Current Assets	0.87	0.33	0.7	0.94	0.82	-0.04	0.07	0.68	0.96	0.67	0.71	0.45	0.63	0.4	0.3	0.39	-0.26	0.45	-0.05	0.75		0.11	0.48	0.49	0.77	0.58
Short Term Debt	0.31	0.59	-0.22	0.29	0.08	-0.01	0.66	-0.28	0.18	-0.35	0.38	-0.3	-0.51	0.81	0.42	0.37	-0.32	-0.47	-0.39	0.38	0.11		0.41	-0.58	0.07	0.32
Intangible Assets	0.69	0.54	0.38	0.48	0.69	-0.27	0.53	0.2	0.5	-0.13	0.73	0.15	-0.14	0.52	0.54	0.51	-0.32	0.12	-0.02	0.58	0.48	0.41		-0.17	0.0	0.84
Short Term Investments	0.29	-0.12	0.43	0.4	0.27	0.31	-0.39	0.68	0.51	0.82	0.15	0.44	0.94	-0.53	-0.46	0.05	0.34	0.64	0.38	0.25	0.49	-0.58	-0.17		0.59	-0.12
Current Deferred Revenue	0.66	0.28	0.39	0.81	0.48	0.3	0.02	0.66	0.79	0.68	0.52	0.37	0.68	0.14	0.0	0.32	-0.15	0.5	-0.2	0.64	0.77	0.07	0.0	0.59		0.14
Good Will	0.66	0.24	0.58	0.59	0.87	-0.59	0.25	0.42	0.58	-0.11	0.64	0.04	-0.1	0.54	0.58	0.18	-0.56	0.28	-0.25	0.44	0.58	0.32	0.84	-0.12	0.14

Click cells to compare fundamentals

SNC Lavalin Account Relationship Matchups

SNC Lavalin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.6B	10.3B	9.9B	9.5B	10.2B	7.7B
Short Long Term Debt Total	2.7B	2.5B	2.2B	2.5B	2.4B	1.9B
Other Current Liab	960.1M	1.4B	1.3B	748.6M	836.1M	764.5M
Total Current Liabilities	4.5B	4.3B	4.0B	3.9B	4.8B	3.3B
Total Stockholder Equity	3.7B	2.6B	3.0B	2.9B	3.2B	2.0B
Property Plant And Equipment Net	909.4M	722.7M	689.1M	622.3M	587.2M	557.8M
Net Debt	1.5B	1.6B	1.6B	1.9B	1.9B	1.1B
Retained Earnings	1.6B	478.4M	1.5B	1.4B	1.7B	1.2B
Accounts Payable	2.2B	1.7B	1.7B	1.7B	1.8B	1.6B
Cash	1.2B	932.9M	608.4M	570.3M	479.5M	885.7M
Non Current Assets Total	6.5B	6.3B	6.2B	6.1B	6.1B	4.3B
Non Currrent Assets Other	453.0M	478.4M	565.2M	473.6M	130.7M	124.1M
Cash And Short Term Investments	1.3B	1.1B	680.2M	645.1M	486.6M	462.3M
Net Receivables	3.5B	2.5B	2.4B	2.5B	3.3B	3.4B
Liabilities And Stockholders Equity	11.6B	10.3B	9.9B	9.5B	10.2B	7.7B
Non Current Liabilities Total	3.4B	3.5B	2.9B	2.6B	2.2B	2.3B
Inventory	84.9M	16.1M	17.0M	17.4M	20.4M	19.4M
Other Current Assets	220.9M	253.3M	515.3M	99.0M	285.7M	452.0M
Total Liab	7.9B	7.8B	6.9B	6.6B	7.0B	5.6B
Total Current Assets	5.2B	4.1B	3.6B	3.4B	4.1B	3.4B
Short Term Debt	524.3M	303.6M	202.2M	634.9M	862.7M	905.9M
Intangible Assets	665.6M	544.1M	445.7M	345.5M	270.1M	353.4M
Short Term Investments	125.4M	150.2M	71.8M	74.8M	7.1M	6.8M
Current Deferred Revenue	890.0M	837.0M	838.2M	846.8M	1.3B	853.5M
Accumulated Other Comprehensive Income	354.1M	274.1M	(333.3M)	(340.2M)	(293.5M)	(278.9M)
Good Will	3.4B	3.4B	3.4B	3.4B	3.3B	2.5B

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

0.64	WSP	WSP Global	Pair Corr
0.84	STN	Stantec	Pair Corr
0.86	ARE	Aecon Group	Pair Corr

Moving against SNC Stock

0.82	AEP	Atlas Engineered Products	Pair Corr
0.68	ELF-PH	E L Financial	Pair Corr

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 Correlation Correlation 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.

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SNC Total Stockholder Equity vs Cash And Short Term Investments Analysis

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Cash And Short Term Investments

SNC Lavalin fundamental ratios Correlations

SNC Lavalin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SNC Lavalin fundamental ratios Accounts

Pair Trading with SNC Lavalin

Moving together with SNC Stock

Moving against SNC Stock

Other Information on Investing in SNC Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.96	Total Assets
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total
Accounts Payable	+ 0.96	Total Current Liabilities
Total Current Assets	+ 0.96	Accounts Payable
Total Liab	+ 0.94	Total Assets
Net Debt	+ 0.94	Short Long Term Debt Total

Inventory	- 0.6	Net Receivables
Good Will	- 0.59	Property Plant And Equipment Net
Short Term Investments	- 0.58	Short Term Debt
Good Will	- 0.56	Inventory
Short Term Investments	- 0.53	Net Receivables
Other Stockholder Equity	- 0.53	Net Receivables