Guardian Gross Profit Margin vs Net Debt Analysis
GCG Stock | CAD 43.50 0.00 0.00% |
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 Gross Profit Margin and its Net Debt 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 board of governors.
Gross Profit Margin vs Net Debt
Gross Profit Margin vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardian Capital Gross Profit Margin account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guardian Capital's Gross Profit Margin and Net Debt is 0.46. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Debt 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 Gross Profit Margin and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Guardian Capital Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Gross Profit Margin i.e., Guardian Capital's Gross Profit Margin and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit Margin
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 board of governors. As of the 27th of December 2024, Selling General Administrative is likely to drop to about 16.7 M. In addition to that, Tax Provision is likely to drop to about 14.2 M
2021 | 2022 | 2023 | 2024 (projected) | |
Gross Profit | 154.5M | 103.1M | 131.2M | 86.1M |
Total Revenue | 414.9M | 214.3M | 254.5M | 165.9M |
Guardian Capital fundamental ratios Correlations
Click cells to compare fundamentals
Guardian Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | |
Non Currrent Assets Other | 702.8M | 789.1M | 872.6M | 2.0 | 2.3 | 2.18 | |
Other Assets | 4.9M | 5.3M | 15.7M | 794K | 714.6K | 678.9K | |
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 Current Assets | 15.4M | 60.3M | 126.1M | 368.1M | 67.9M | 46.5M | |
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 | |
Property Plant And Equipment Gross | 18.5M | 16.1M | 37.0M | 37.7M | 35.4M | 37.2M | |
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 | |
Good Will | 40.6M | 60.2M | 66.6M | 42.5M | 41.6M | 24.8M | |
Common Stock Total Equity | 19.9M | 19.1M | 18.7M | 18.6M | 16.8M | 16.9M | |
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 | |
Other Liab | 75.2M | 71.2M | 81.9M | 50.2M | 57.7M | 65.6M | |
Net Tangible Assets | 515.9M | 482.7M | 618.5M | 642.0M | 738.3M | 565.3M | |
Deferred Long Term Liab | 3.6M | 4.5M | 14.9M | 13.6M | 15.6M | 16.4M | |
Long Term Investments | 682.3M | 632.6M | 751.9M | 660.4M | 1.3B | 746.0M | |
Short Long Term Debt | 113.7M | 95.7M | 114.9M | 131.6M | 137.7M | 101.3M | |
Property Plant Equipment | 18.5M | 16.1M | 16.6M | 25.3M | 29.1M | 30.6M | |
Capital Surpluse | 20.0M | 22.1M | 25.1M | 28.5M | 32.7M | 21.4M | |
Treasury Stock | (25.2M) | (28.1M) | (29.5M) | (31.7M) | (28.5M) | (30.0M) |
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 together with Guardian Stock
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Moving against Guardian Stock
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.Other Information on Investing in Guardian Stock
Balance Sheet is a snapshot of the financial position of Guardian Capital at a specified time, usually calculated after every quarter, six months, or one year. Guardian Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guardian Capital 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 Guardian currently owns. An asset can also be divided into two categories, current and non-current.