Corby Historical Financial Ratios
| CSW-A Stock | CAD 12.47 0.09 0.72% |
Corby Spirit is presently reporting on over 87 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0303, PTB Ratio of 3.61 or Days Sales Outstanding of 73.3 will help investors to properly organize and evaluate Corby Spirit financial condition quickly.
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About Corby Financial Ratios Analysis
Corby SpiritFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Corby Spirit investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Corby financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Corby Spirit history.
Corby Spirit Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Corby Spirit stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Corby Spirit sales, a figure that is much harder to manipulate than other Corby Spirit and multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Corby Spirit and. There are two different methods for calculating Corby Spirit invested capital: operating approach and financing approach. Understanding Corby Spirit invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Debt To Equity
A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets.Most ratios from Corby Spirit's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Corby Spirit current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Corby Spirit and. 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. At this time, Corby Spirit's Payables Turnover is comparatively stable compared to the past year. Cash Per Share is likely to gain to 2.00 in 2024, whereas Book Value Per Share is likely to drop 5.03 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0539 | 0.062 | 0.0654 | 0.0303 | Price To Sales Ratio | 3.08 | 2.48 | 1.59 | 4.12 |
Corby Spirit fundamentals Correlations
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Corby Spirit Account Relationship Matchups
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Corby Spirit fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.02 | 3.21 | 3.08 | 2.48 | 1.59 | 4.12 | |
| Dividend Yield | 0.0529 | 0.0466 | 0.0539 | 0.062 | 0.0654 | 0.0303 | |
| Ptb Ratio | 3.06 | 2.68 | 2.73 | 2.25 | 2.01 | 3.61 | |
| Days Sales Outstanding | 62.67 | 81.59 | 87.67 | 88.62 | 81.88 | 73.3 | |
| Book Value Per Share | 6.06 | 6.6 | 6.44 | 6.32 | 6.38 | 5.03 | |
| Free Cash Flow Yield | 0.1 | 0.0732 | (0.0289) | 0.076 | 0.0772 | 0.053 | |
| Operating Cash Flow Per Share | 1.74 | 1.44 | 1.6 | 1.24 | 1.11 | 1.0 | |
| Stock Based Compensation To Revenue | 0.002334 | 0.00301 | 0.002742 | 0.00181 | 0.001054 | 0.001001 | |
| Capex To Depreciation | 0.31 | 0.28 | 4.19 | 0.32 | 0.21 | 1.35 | |
| Pb Ratio | 3.06 | 2.68 | 2.73 | 2.25 | 2.01 | 3.61 | |
| Ev To Sales | 2.52 | 2.65 | 2.78 | 2.15 | 2.19 | 4.86 | |
| Free Cash Flow Per Share | 1.01 | 1.63 | 1.32 | (0.5) | 0.99 | 0.96 | |
| Net Income Per Share | 0.94 | 1.07 | 0.82 | 0.77 | 0.84 | 1.41 | |
| Days Of Inventory On Hand | 370.51 | 357.44 | 351.96 | 398.94 | 303.6 | 278.04 | |
| Payables Turnover | 2.42 | 1.67 | 1.47 | 1.43 | 2.59 | 4.02 | |
| Capex To Revenue | 0.0213 | 0.0209 | 0.37 | 0.0289 | 0.0143 | 0.008847 | |
| Cash Per Share | 2.87 | 3.32 | 1.84 | 5.45 | 1.12 | 2.0 | |
| Pocfratio | 9.34 | 12.54 | 10.79 | 11.41 | 11.61 | 18.14 | |
| Interest Coverage | 49.08 | 329.26 | 128.62 | 102.68 | 4.65 | 4.41 | |
| Payout Ratio | 0.92 | 0.78 | 1.13 | 1.14 | 1.0 | 0.39 | |
| Capex To Operating Cash Flow | 0.15 | 0.066 | 0.0817 | 1.31 | 0.13 | 0.039 | |
| Pfcf Ratio | 10.0 | 13.65 | (34.64) | 13.16 | 12.96 | 18.87 | |
| Days Payables Outstanding | 150.62 | 218.43 | 248.63 | 255.02 | 140.77 | 90.7 | |
| Income Quality | 1.32 | 1.86 | 1.34 | 1.95 | 1.61 | 0.71 | |
| Ev To Operating Cash Flow | 7.79 | 10.34 | 9.72 | 9.9 | 15.93 | 21.4 | |
| Pe Ratio | 17.36 | 16.77 | 20.98 | 18.41 | 15.3 | 12.9 | |
| Ev To Free Cash Flow | 8.34 | 11.26 | (31.2) | 11.42 | 17.78 | 22.27 | |
| Earnings Yield | 0.0576 | 0.0596 | 0.0477 | 0.0543 | 0.0654 | 0.0775 | |
| Intangibles To Total Assets | 0.15 | 0.11 | 0.28 | 0.17 | 0.5 | 0.0143 | |
| Net Debt To E B I T D A | (1.63) | (1.69) | (1.03) | (1.19) | 2.38 | 2.27 | |
| Current Ratio | 4.21 | 3.99 | 2.79 | 3.88 | 2.34 | 1.62 | |
| Tangible Book Value Per Share | 4.79 | 5.59 | 3.98 | 4.22 | (0.94) | 4.87 | |
| Receivables Turnover | 5.82 | 4.47 | 4.16 | 4.12 | 4.46 | 4.98 | |
| Shareholders Equity Per Share | 6.06 | 6.6 | 6.44 | 6.32 | 6.38 | 5.03 |
Pair Trading with Corby Spirit
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 Corby Spirit 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 Corby Spirit will appreciate offsetting losses from the drop in the long position's value.Moving against Corby Stock
| 0.77 | RY-PS | Royal Bank | PairCorr |
| 0.71 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.69 | NA | National Bank | PairCorr |
| 0.64 | BMO-PE | Bank of Montreal | PairCorr |
| 0.64 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to Corby Spirit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corby Spirit 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 Corby Spirit - 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 Corby Spirit and to buy it.
The correlation of Corby Spirit 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 Corby Spirit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corby Spirit 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 Corby Spirit 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.Additional Tools for Corby Stock Analysis
When running Corby Spirit's price analysis, check to measure Corby Spirit'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 Corby Spirit is operating at the current time. Most of Corby Spirit's value examination focuses on studying past and present price action to predict the probability of Corby Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corby Spirit's price. Additionally, you may evaluate how the addition of Corby Spirit to your portfolios can decrease your overall portfolio volatility.