North Historical Financial Ratios
| FFN Stock | CAD 7.27 0.05 0.68% |
North American is lately reporting on over 75 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 Book Value Per Share of 3.16 or Free Cash Flow Yield of 0.0711 will help investors to properly organize and evaluate North American Financial financial condition quickly.
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About North Financial Ratios Analysis
North American FinancialFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate North American 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 North financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across North American history.
North American Financial Ratios Chart
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Dividend Yield
Dividend Yield is North American Financial dividend as a percentage of North American stock price. North American Financial dividend yield is a measure of North American stock productivity, which can be interpreted as interest rate earned on an North American investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Effective Tax Rate
Effective Tax Rate is the average rate at which North American Financial pre-tax profits are taxed by the government. The effective tax rate is computed by dividing North American total tax expenses by North American earnings before taxes.Most ratios from North American's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into North American Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in North American Financial. 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, North American's Free Cash Flow Per Share is very stable compared to the past year. As of the 11th of December 2024, POCF Ratio is likely to grow to 20.51, though Price To Sales Ratio is likely to grow to (10.49).
| 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.88 | 1.01 | 1.21 | Dividend Yield | 0.34 | 0.3 | 0.32 |
North American fundamentals Correlations
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North American Account Relationship Matchups
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North American fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | (1.85) | 2.14 | (76.34) | (9.6) | (11.04) | (10.49) | |
| Ptb Ratio | 1.09 | 0.83 | 1.06 | 0.88 | 1.01 | 1.21 | |
| Days Sales Outstanding | (3.25) | 2.83 | (157.39) | (393.46) | (452.48) | (429.85) | |
| Book Value Per Share | 14.0 | 22.89 | 5.58 | 3.69 | 3.32 | 3.16 | |
| Free Cash Flow Yield | 0.65 | (1.25) | (0.64) | 0.0589 | 0.0677 | 0.0711 | |
| Operating Cash Flow Per Share | 2.77 | (9.39) | (3.79) | 0.19 | 0.22 | 0.23 | |
| Pb Ratio | 1.09 | 0.83 | 1.06 | 0.88 | 1.01 | 1.21 | |
| Ev To Sales | (5.6) | 5.47 | (189.59) | (35.55) | (40.88) | (38.84) | |
| Free Cash Flow Per Share | 2.77 | (9.39) | (3.79) | 0.19 | 0.22 | 0.23 | |
| Net Income Per Share | (2.38) | 2.59 | (0.15) | (0.5) | (0.58) | (0.55) | |
| Sales General And Administrative To Revenue | (0.0132) | 0.0158 | (0.31) | (0.0413) | (0.0475) | (0.0451) | |
| Cash Per Share | 14.04 | 23.13 | 16.39 | 13.02 | 11.72 | 8.68 | |
| Pocfratio | 1.54 | (0.8) | (1.55) | 16.99 | 19.53 | 20.51 | |
| Payout Ratio | (0.19) | 0.45 | (8.64) | (2.18) | (2.51) | (2.38) | |
| Pfcf Ratio | 1.54 | (0.8) | (1.55) | 16.99 | 19.53 | 20.51 | |
| Income Quality | (0.95) | (3.62) | 4.07 | (0.15) | (0.17) | (0.16) | |
| Roe | (0.61) | 0.29 | (0.0264) | (0.14) | (0.16) | (0.15) | |
| Ev To Operating Cash Flow | 4.65 | (2.04) | (3.86) | 62.9 | 56.61 | 59.44 | |
| Pe Ratio | (1.79) | 2.89 | (40.0) | (6.45) | (7.42) | (7.05) | |
| Return On Tangible Assets | (0.17) | 0.11 | (0.008964) | (0.0375) | (0.0432) | (0.041) | |
| Ev To Free Cash Flow | 4.65 | (2.04) | (3.86) | 62.9 | 56.61 | 59.44 | |
| Earnings Yield | (0.56) | 0.35 | (0.025) | (0.16) | (0.18) | (0.17) | |
| Current Ratio | 23.89 | 8.59 | 8.54 | 73.64 | 84.68 | 47.48 | |
| Tangible Book Value Per Share | 14.0 | 22.89 | 5.58 | 3.69 | 3.32 | 3.16 | |
| Receivables Turnover | (112.38) | 128.99 | (2.32) | (0.93) | (1.07) | (1.01) | |
| Graham Number | 14.48 | 22.91 | 4.3 | 6.46 | 7.43 | 7.06 | |
| Shareholders Equity Per Share | 3.92 | 9.0 | 5.58 | 3.69 | 4.25 | 7.68 | |
| Graham Net Net | 13.99 | 22.88 | 5.57 | 3.6 | 3.24 | 3.4 | |
| Revenue Per Share | (2.3) | 3.49 | (0.0772) | (0.34) | (0.39) | (0.37) | |
| Price Earnings Ratio | (1.79) | 2.89 | (40.0) | (6.45) | (7.42) | (7.05) |
Pair Trading with North American
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 North American 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 North American will appreciate offsetting losses from the drop in the long position's value.Moving together with North Stock
Moving against North Stock
The ability to find closely correlated positions to North American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North American 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 North American - 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 North American Financial to buy it.
The correlation of North American 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 North American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North American Financial 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 North American 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 North Stock
North American FinancialFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate North American 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 North financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across North American history.