Guardian Net Income Per Share vs Free Cash Flow Per Share Analysis

GCG-A Stock

CAD 40.75 0.58 1.40%

Guardian Capital financial indicator trend analysis is much more than just examining Guardian Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardian Capital is a good investment. Please check the relationship between Guardian Capital Net Income Per Share and its Free Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardian Capital 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 nation.

Net Income Per Share vs Free Cash Flow Per Share

Net Income Per Share vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardian Capital Net Income Per Share account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between Guardian Capital's Net Income Per Share and Free Cash Flow Per Share is 0.68. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Guardian Capital Group, assuming nothing else is changed. The correlation between historical values of Guardian Capital's Net Income Per Share and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Guardian Capital Group are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Net Income Per Share i.e., Guardian Capital's Net Income Per Share and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income Per Share

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.

Most indicators from Guardian Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardian Capital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardian Capital 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 nation.

Selling General Administrative is likely to drop to about 16.7 M in 2024. Tax Provision is likely to drop to about 12 M in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	414.9M	214.3M	254.5M	165.9M
Depreciation And Amortization	151.5M	165.9M	15.4M	14.7M

Total Revenue Depreciation And Amortization

Guardian Capital 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Net Receivables	Other Current Assets	Good Will	Inventory	Common Stock
Total Assets		0.91	0.58	0.93	0.98	0.84	0.7	0.96	0.93	0.98	-0.2	-0.06	0.73	-0.88	0.47	0.7	0.0	0.93	0.66	0.9	0.68	0.41	0.45	0.68	0.71	-0.97
Short Long Term Debt Total	0.91		0.58	0.89	0.87	0.87	0.92	0.92	0.8	0.88	-0.23	0.0	0.62	-0.89	0.39	0.73	0.16	0.9	0.64	0.99	0.79	0.32	0.5	0.74	0.72	-0.95
Other Current Liab	0.58	0.58		0.77	0.46	0.68	0.45	0.47	0.59	0.4	-0.22	0.23	0.44	-0.6	0.17	0.47	-0.23	0.75	0.9	0.53	0.45	0.16	0.97	0.56	0.55	-0.6
Total Current Liabilities	0.93	0.89	0.77		0.84	0.83	0.72	0.83	0.86	0.82	-0.26	-0.05	0.78	-0.91	0.52	0.81	-0.11	1.0	0.88	0.88	0.76	0.5	0.66	0.78	0.57	-0.92
Total Stockholder Equity	0.98	0.87	0.46	0.84		0.81	0.65	0.97	0.92	1.0	-0.17	-0.06	0.67	-0.81	0.42	0.61	0.05	0.84	0.53	0.86	0.59	0.32	0.33	0.58	0.75	-0.95
Property Plant And Equipment Net	0.84	0.87	0.68	0.83	0.81		0.76	0.88	0.75	0.78	-0.32	0.28	0.57	-0.72	0.36	0.59	0.22	0.83	0.66	0.82	0.7	0.16	0.62	0.72	0.79	-0.89
Net Debt	0.7	0.92	0.45	0.72	0.65	0.76		0.75	0.49	0.68	-0.27	-0.01	0.45	-0.76	0.35	0.63	0.22	0.73	0.49	0.92	0.73	0.15	0.43	0.64	0.6	-0.79
Retained Earnings	0.96	0.92	0.47	0.83	0.97	0.88	0.75		0.89	0.97	-0.24	0.08	0.6	-0.79	0.36	0.61	0.15	0.84	0.51	0.9	0.68	0.29	0.35	0.66	0.79	-0.96
Cash	0.93	0.8	0.59	0.86	0.92	0.75	0.49	0.89		0.9	-0.09	0.03	0.67	-0.79	0.32	0.65	0.02	0.86	0.66	0.78	0.61	0.47	0.44	0.65	0.66	-0.89
Non Current Assets Total	0.98	0.88	0.4	0.82	1.0	0.78	0.68	0.97	0.9		-0.16	-0.1	0.66	-0.81	0.43	0.63	0.05	0.83	0.48	0.87	0.61	0.36	0.26	0.59	0.72	-0.94
Non Currrent Assets Other	-0.2	-0.23	-0.22	-0.26	-0.17	-0.32	-0.27	-0.24	-0.09	-0.16		-0.45	-0.24	0.09	-0.29	-0.07	0.08	-0.26	-0.22	-0.21	-0.28	-0.05	-0.21	-0.27	-0.21	0.33
Other Assets	-0.06	0.0	0.23	-0.05	-0.06	0.28	-0.01	0.08	0.03	-0.1	-0.45		-0.11	0.34	-0.13	-0.32	0.2	-0.05	0.01	-0.06	0.01	-0.37	0.27	0.06	0.32	-0.05
Cash And Short Term Investments	0.73	0.62	0.44	0.78	0.67	0.57	0.45	0.6	0.67	0.66	-0.24	-0.11		-0.7	0.87	0.71	-0.13	0.79	0.71	0.62	0.52	0.43	0.36	0.53	0.28	-0.7
Common Stock Shares Outstanding	-0.88	-0.89	-0.6	-0.91	-0.81	-0.72	-0.76	-0.79	-0.79	-0.81	0.09	0.34	-0.7		-0.41	-0.88	-0.02	-0.91	-0.77	-0.9	-0.74	-0.51	-0.53	-0.74	-0.51	0.87
Short Term Investments	0.47	0.39	0.17	0.52	0.42	0.36	0.35	0.36	0.32	0.43	-0.29	-0.13	0.87	-0.41		0.41	-0.15	0.52	0.42	0.39	0.27	0.2	0.14	0.2	0.1	-0.45
Non Current Liabilities Total	0.7	0.73	0.47	0.81	0.61	0.59	0.63	0.61	0.65	0.63	-0.07	-0.32	0.71	-0.88	0.41		0.03	0.83	0.75	0.75	0.86	0.73	0.38	0.88	0.16	-0.71
Other Stockholder Equity	0.0	0.16	-0.23	-0.11	0.05	0.22	0.22	0.15	0.02	0.05	0.08	0.2	-0.13	-0.02	-0.15	0.03		-0.08	-0.18	0.14	0.19	-0.12	-0.13	0.18	0.11	-0.07
Total Liab	0.93	0.9	0.75	1.0	0.84	0.83	0.73	0.84	0.86	0.83	-0.26	-0.05	0.79	-0.91	0.52	0.83	-0.08		0.87	0.89	0.79	0.53	0.64	0.81	0.56	-0.93
Total Current Assets	0.66	0.64	0.9	0.88	0.53	0.66	0.49	0.51	0.66	0.48	-0.22	0.01	0.71	-0.77	0.42	0.75	-0.18	0.87		0.62	0.63	0.45	0.86	0.72	0.36	-0.68
Short Term Debt	0.9	0.99	0.53	0.88	0.86	0.82	0.92	0.9	0.78	0.87	-0.21	-0.06	0.62	-0.9	0.39	0.75	0.14	0.89	0.62		0.79	0.36	0.45	0.74	0.66	-0.93
Intangible Assets	0.68	0.79	0.45	0.76	0.59	0.7	0.73	0.68	0.61	0.61	-0.28	0.01	0.52	-0.74	0.27	0.86	0.19	0.79	0.63	0.79		0.7	0.35	0.96	0.25	-0.75
Net Receivables	0.41	0.32	0.16	0.5	0.32	0.16	0.15	0.29	0.47	0.36	-0.05	-0.37	0.43	-0.51	0.2	0.73	-0.12	0.53	0.45	0.36	0.7		0.01	0.68	-0.28	-0.38
Other Current Assets	0.45	0.5	0.97	0.66	0.33	0.62	0.43	0.35	0.44	0.26	-0.21	0.27	0.36	-0.53	0.14	0.38	-0.13	0.64	0.86	0.45	0.35	0.01		0.47	0.52	-0.49
Good Will	0.68	0.74	0.56	0.78	0.58	0.72	0.64	0.66	0.65	0.59	-0.27	0.06	0.53	-0.74	0.2	0.88	0.18	0.81	0.72	0.74	0.96	0.68	0.47		0.27	-0.73
Inventory	0.71	0.72	0.55	0.57	0.75	0.79	0.6	0.79	0.66	0.72	-0.21	0.32	0.28	-0.51	0.1	0.16	0.11	0.56	0.36	0.66	0.25	-0.28	0.52	0.27		-0.73
Common Stock	-0.97	-0.95	-0.6	-0.92	-0.95	-0.89	-0.79	-0.96	-0.89	-0.94	0.33	-0.05	-0.7	0.87	-0.45	-0.71	-0.07	-0.93	-0.68	-0.93	-0.75	-0.38	-0.49	-0.73	-0.73

Click cells to compare fundamentals

Guardian Capital Account Relationship Matchups

Guardian Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.2B	1.4B	1.4B	1.7B	1.8B
Short Long Term Debt Total	128.8M	109.2M	129.3M	157.1M	158.6M	166.6M
Other Current Liab	14.3M	59.1M	121.0M	235.8M	59.6M	62.6M
Total Current Liabilities	348.2M	353.8M	482.9M	509.5M	414.1M	434.8M
Total Stockholder Equity	694.2M	717.7M	852.6M	782.9M	1.2B	1.3B
Property Plant And Equipment Net	18.5M	16.1M	16.6M	25.3M	22.2M	23.3M
Net Debt	94.6M	67.5M	52.2M	102.2M	86.2M	90.5M
Retained Earnings	658.1M	681.0M	822.2M	733.3M	1.2B	1.3B
Cash	34.2M	41.7M	77.1M	54.9M	72.4M	76.0M
Non Current Assets Total	872.6M	870.9M	1.0B	825.9M	1.5B	1.5B
Cash And Short Term Investments	141.5M	84.9M	131.6M	122.3M	139.3M	108.0M
Common Stock Shares Outstanding	27.5M	27.1M	26.9M	24.4M	25.5M	27.4M
Short Term Investments	107.3M	43.2M	54.5M	67.4M	66.9M	79.1M
Liabilities And Stockholders Equity	1.1B	1.2B	1.4B	1.4B	1.7B	1.8B
Non Current Liabilities Total	87.6M	82.0M	93.2M	72.4M	76.0M	43.7M
Other Stockholder Equity	(8.1M)	(7.4M)	(6.6M)	(7.1M)	(4.1M)	(4.3M)
Total Liab	435.8M	435.9M	576.1M	581.9M	490.1M	514.6M
Total Current Assets	257.4M	282.7M	424.6M	538.9M	262.3M	191.6M
Accumulated Other Comprehensive Income	14.1M	7.3M	4.9M	24.1M	13.4M	12.7M
Short Term Debt	116.4M	98.3M	118.0M	133.2M	139.2M	146.2M
Intangible Assets	129.8M	161.2M	168.2M	96.9M	85.4M	89.7M
Net Receivables	100.5M	137.5M	166.9M	48.4M	55.0M	76.0M
Other Current Assets	15.4M	60.3M	126.1M	368.1M	67.9M	43.8M
Good Will	40.6M	60.2M	66.6M	42.5M	41.6M	24.8M
Common Stock	18.7M	18.6M	18.1M	17.6M	16.8M	16.3M
Accounts Payable	109.0M	143.1M	188.8M	79.8M	91.5M	100.4M
Current Deferred Revenue	106.4M	43.1M	53.5M	59.1M	50.1M	60.7M

Pair Trading with Guardian Capital

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 Guardian Capital 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 Guardian Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Guardian Stock

0.61	PFE	Pfizer Inc CDR	Pair Corr
0.47	TKU	Tarku Resources	Pair Corr

The ability to find closely correlated positions to Guardian Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Capital 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 Guardian Capital - 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 Guardian Capital Group to buy it.

The correlation of Guardian Capital 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 Guardian Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Capital 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 Guardian Capital 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

Additional Tools for Guardian Stock Analysis

When running Guardian Capital's price analysis, check to measure Guardian Capital'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 Guardian Capital is operating at the current time. Most of Guardian Capital's value examination focuses on studying past and present price action to predict the probability of Guardian Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardian Capital's price. Additionally, you may evaluate how the addition of Guardian Capital to your portfolios can decrease your overall portfolio volatility.

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