Chartwell Total Assets vs Accounts Payable Analysis
CSH-UN Stock | CAD 16.15 0.11 0.68% |
Chartwell Retirement financial indicator trend analysis is way more than just evaluating Chartwell Retirement prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chartwell Retirement is a good investment. Please check the relationship between Chartwell Retirement Total Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chartwell Retirement Residences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Total Assets vs Accounts Payable
Total Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chartwell Retirement Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chartwell Retirement's Total Assets and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Chartwell Retirement Residences, assuming nothing else is changed. The correlation between historical values of Chartwell Retirement's Total Assets and Accounts Payable 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 Assets of Chartwell Retirement Residences are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Chartwell Retirement's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Chartwell Retirement assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chartwell Retirement books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents Chartwell Retirement obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Chartwell Retirement are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Chartwell Retirement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chartwell Retirement 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 Chartwell Retirement Residences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Chartwell Retirement's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 27.52, whereas Selling General Administrative is forecasted to decline to about 44.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 903.6M | 706.8M | 736.2M | 738.8M | Depreciation And Amortization | 624.8M | 648.8M | 156.7M | 148.9M |
Chartwell Retirement fundamental ratios Correlations
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Chartwell Retirement Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chartwell Retirement fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.5B | 3.4B | 3.5B | 3.2B | 2.9B | |
Short Long Term Debt Total | 2.4B | 2.5B | 2.3B | 2.3B | 2.0B | 1.9B | |
Other Current Liab | 46.5M | 48.0M | 55.4M | 152.8M | 206.3M | 216.7M | |
Total Current Liabilities | 391.3M | 393.0M | 509.4M | 744.6M | 760.8M | 798.8M | |
Total Stockholder Equity | 837.6M | 734.0M | 826.1M | 769.8M | 791.5M | 728.2M | |
Property Plant And Equipment Net | 3.1B | 3.1B | 3.1B | 3.1B | 2.7B | 2.5B | |
Net Debt | 2.4B | 2.4B | 2.3B | 2.3B | 2.0B | 1.9B | |
Accounts Payable | 136.7M | 145.2M | 151.4M | 199.8M | 155.2M | 109.2M | |
Cash | 22.9M | 70.2M | 95.5M | 28.5M | 24.6M | 30.1M | |
Non Current Assets Total | 3.4B | 3.4B | 3.3B | 3.2B | 2.9B | 2.7B | |
Non Currrent Assets Other | 2.3M | 2.2M | 2.7M | (3.4B) | 1.8M | 1.9M | |
Cash And Short Term Investments | 22.9M | 70.2M | 95.5M | 28.5M | 24.6M | 30.1M | |
Net Receivables | 33.8M | 805K | 25.4M | 24.6M | 1.4M | 1.3M | |
Common Stock Shares Outstanding | 216.2M | 215.8M | 224.4M | 237.4M | 238.8M | 167.4M | |
Liabilities And Stockholders Equity | 3.5B | 3.5B | 3.4B | 3.5B | 3.2B | 2.9B | |
Non Current Liabilities Total | 2.3B | 2.4B | 2.1B | 2.0B | 1.7B | 1.8B | |
Inventory | (1.5M) | 10.5M | 1.2M | 199.5M | 269.2M | 282.7M | |
Other Current Assets | 52.8M | 56.4M | 50.0M | 250.0M | 317.9M | 333.8M | |
Other Stockholder Equity | (1.4B) | (1.5B) | (1.6B) | (1.8B) | (1.8B) | (1.7B) | |
Total Liab | 2.7B | 2.8B | 2.6B | 2.7B | 2.4B | 2.1B | |
Total Current Assets | 88.0M | 127.4M | 146.9M | 280.4M | 343.9M | 361.1M | |
Intangible Assets | 65.9M | 69.7M | 63.3M | 18.9M | 15.8M | 15.0M | |
Short Term Debt | 208.1M | 199.8M | 302.6M | 392.0M | 372.0M | 256.1M | |
Retained Earnings | (121.8M) | (107.0M) | (96.8M) | (47.3M) | 81.0M | 85.0M | |
Accumulated Other Comprehensive Income | (12.3M) | (13.8M) | (14.3M) | (14.8M) | (16.2M) | (15.4M) | |
Current Deferred Revenue | 571K | 1.5M | 693K | 39.6M | 45.5M | 47.8M | |
Common Stock | 2.3B | 2.3B | 2.6B | 2.6B | 2.6B | 2.3B | |
Other Liab | 24.6M | 20.7M | 16.9M | 32.4M | 37.3M | 18.9M | |
Net Tangible Assets | 762.5M | 655.0M | 753.6M | 741.7M | 852.9M | 772.1M | |
Other Assets | 72.1M | 65.3M | 54.2M | 35.9M | 32.3M | 62.1M | |
Long Term Debt | 2.2B | 2.3B | 2.0B | 1.9B | 1.6B | 2.1B | |
Long Term Investments | 19.3M | 17.1M | 9.0M | 12.9M | 15.0M | 19.1M | |
Short Long Term Debt | 206.6M | 198.7M | 301.6M | 391.1M | 371.2M | 339.6M | |
Property Plant Equipment | 3.2B | 3.2B | 3.1B | 3.2B | 3.6B | 3.1B | |
Net Invested Capital | 3.3B | 3.2B | 3.2B | 3.1B | 2.8B | 2.5B | |
Non Current Liabilities Other | 22.2M | 23.6M | 19.9M | 14.3M | 21.2M | 17.2M | |
Net Working Capital | (303.4M) | (265.6M) | (362.6M) | (464.2M) | (416.8M) | (437.7M) | |
Capital Stock | 2.3B | 2.3B | 2.6B | 2.6B | 2.6B | 2.7B |
Pair Trading with Chartwell Retirement
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 Chartwell Retirement 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 Chartwell Retirement will appreciate offsetting losses from the drop in the long position's value.Moving against Chartwell Stock
0.68 | EOG | Eco Atlantic Oil | PairCorr |
0.6 | AEMC | Alaska Energy Metals | PairCorr |
0.5 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Chartwell Retirement could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chartwell Retirement 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 Chartwell Retirement - 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 Chartwell Retirement Residences to buy it.
The correlation of Chartwell Retirement 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 Chartwell Retirement moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chartwell Retirement 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 Chartwell Retirement 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.Other Information on Investing in Chartwell Stock
Balance Sheet is a snapshot of the financial position of Chartwell Retirement at a specified time, usually calculated after every quarter, six months, or one year. Chartwell Retirement Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chartwell Retirement 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 Chartwell currently owns. An asset can also be divided into two categories, current and non-current.