Information Capex To Depreciation vs Dividend Yield Analysis

ISV Stock  CAD 27.25  0.09  0.33%   
Information Services financial indicator trend analysis is infinitely more than just investigating Information Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Information Services is a good investment. Please check the relationship between Information Services Capex To Depreciation and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Information Services. 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.

Capex To Depreciation vs Dividend Yield

Capex To Depreciation vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Information Services Capex To Depreciation account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Information Services' Capex To Depreciation and Dividend Yield is -0.03. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Information Services, assuming nothing else is changed. The correlation between historical values of Information Services' Capex To Depreciation and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Information Services are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Depreciation i.e., Information Services' Capex To Depreciation and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Dividend Yield

Dividend Yield is Information Services dividend as a percentage of Information Services stock price. Information Services dividend yield is a measure of Information Services stock productivity, which can be interpreted as interest rate earned on an Information Services 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.
Most indicators from Information Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Information Services 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 Information Services. 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, Information Services' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 9.14, while Selling General Administrative is likely to drop about 18.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.8M3.6M14.3M15.1M
Depreciation And Amortization13.8M14.7M20.5M11.4M

Information Services fundamental ratios Correlations

0.980.980.920.740.46-0.570.960.750.270.271.00.550.270.730.830.98-0.070.660.980.840.63-0.440.960.57-0.84
0.980.970.940.640.46-0.620.990.650.320.170.990.560.170.680.830.99-0.10.590.990.810.53-0.310.980.5-0.81
0.980.970.950.70.53-0.580.960.720.250.230.980.520.230.720.840.97-0.080.630.970.880.6-0.370.960.51-0.81
0.920.940.950.540.47-0.560.950.570.380.050.940.50.050.580.840.94-0.060.550.960.890.41-0.140.950.47-0.76
0.740.640.70.540.45-0.040.571.00.110.560.710.110.570.90.410.60.080.890.60.670.92-0.770.540.7-0.84
0.460.460.530.470.45-0.230.490.480.19-0.050.45-0.15-0.050.680.270.43-0.440.470.440.60.41-0.070.40.17-0.5
-0.57-0.62-0.58-0.56-0.04-0.23-0.66-0.03-0.130.17-0.6-0.820.17-0.05-0.55-0.690.340.16-0.68-0.350.09-0.05-0.720.030.09
0.960.990.960.950.570.49-0.660.590.340.070.970.570.070.640.820.99-0.140.530.990.80.45-0.220.980.44-0.77
0.750.650.720.571.00.48-0.030.590.130.530.720.080.540.920.430.610.070.920.610.710.92-0.720.560.72-0.86
0.270.320.250.380.110.19-0.130.340.13-0.050.280.04-0.060.130.190.31-0.280.270.320.380.040.050.310.06-0.24
0.270.170.230.050.56-0.050.170.070.53-0.050.23-0.171.00.340.330.14-0.050.50.130.30.78-0.730.060.26-0.4
1.00.990.980.940.710.45-0.60.970.720.280.230.580.230.70.840.99-0.070.630.990.830.58-0.40.970.55-0.82
0.550.560.520.50.11-0.15-0.820.570.080.04-0.170.58-0.17-0.030.480.640.12-0.120.620.19-0.11-0.120.680.18-0.1
0.270.170.230.050.57-0.050.170.070.54-0.061.00.23-0.170.350.330.13-0.030.50.120.290.79-0.740.060.27-0.4
0.730.680.720.580.90.68-0.050.640.920.130.340.7-0.030.350.370.62-0.040.870.620.690.85-0.550.560.6-0.87
0.830.830.840.840.410.27-0.550.820.430.190.330.840.480.330.370.83-0.120.390.840.770.43-0.260.830.29-0.63
0.980.990.970.940.60.43-0.690.990.610.310.140.990.640.130.620.83-0.120.521.00.790.47-0.30.990.49-0.75
-0.07-0.1-0.08-0.060.08-0.440.34-0.140.07-0.28-0.05-0.070.12-0.03-0.04-0.12-0.120.04-0.11-0.230.0-0.15-0.10.01-0.01
0.660.590.630.550.890.470.160.530.920.270.50.63-0.120.50.870.390.520.040.530.690.87-0.530.460.7-0.9
0.980.990.970.960.60.44-0.680.990.610.320.130.990.620.120.620.841.0-0.110.530.810.47-0.280.990.49-0.76
0.840.810.880.890.670.6-0.350.80.710.380.30.830.190.290.690.770.79-0.230.690.810.61-0.270.780.44-0.77
0.630.530.60.410.920.410.090.450.920.040.780.58-0.110.790.850.430.470.00.870.470.61-0.790.390.57-0.8
-0.44-0.31-0.37-0.14-0.77-0.07-0.05-0.22-0.720.05-0.73-0.4-0.12-0.74-0.55-0.26-0.3-0.15-0.53-0.28-0.27-0.79-0.23-0.470.47
0.960.980.960.950.540.4-0.720.980.560.310.060.970.680.060.560.830.99-0.10.460.990.780.39-0.230.45-0.7
0.570.50.510.470.70.170.030.440.720.060.260.550.180.270.60.290.490.010.70.490.440.57-0.470.45-0.76
-0.84-0.81-0.81-0.76-0.84-0.50.09-0.77-0.86-0.24-0.4-0.82-0.1-0.4-0.87-0.63-0.75-0.01-0.9-0.76-0.77-0.80.47-0.7-0.76
Click cells to compare fundamentals

Information Services Account Relationship Matchups

Information Services fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets171.6M242.3M232.5M283.5M536.3M563.1M
Short Long Term Debt Total28.8M85.2M50.0M74.9M187.2M196.5M
Other Current Liab17.8M20.8M25.6M26.4M52.9M55.5M
Total Current Liabilities24.7M27.3M36.9M39.6M63.5M66.7M
Total Stockholder Equity114.2M122.0M137.7M155.6M168.8M117.0M
Property Plant And Equipment Net12.7M9.7M9.2M9.4M10.8M8.4M
Current Deferred Revenue5.0M5.7M5.6M6.9M2.8M2.6M
Net Debt5.1M51.2M9.9M40.4M163.0M171.1M
Retained Earnings92.1M99.0M115.6M130.2M138.8M94.4M
Accounts Payable733K3.3M2.5M7.4M6.8M3.9M
Cash23.7M33.9M40.1M34.5M24.2M33.8M
Non Current Assets Total129.2M186.9M176.1M226.2M488.0M512.4M
Non Currrent Assets Other203K(157.1M)(147.4M)(199.6M)351.8M369.4M
Cash And Short Term Investments24.2M34.0M40.1M34.5M24.2M33.9M
Net Receivables13.7M18.6M13.6M18.1M20.9M11.4M
Common Stock Shares Outstanding17.5M17.7M18.0M17.9M18.0M19.4M
Liabilities And Stockholders Equity171.6M242.3M232.5M283.5M536.3M563.1M
Non Current Liabilities Total32.7M93.0M57.9M88.2M304.0M319.3M
Other Current Assets2.1M2.8M2.7M4.6M3.2M2.3M
Total Liab57.3M120.3M94.8M127.9M367.5M385.9M
Property Plant And Equipment Gross12.7M9.7M33.0M33.0M35.7M37.5M
Total Current Assets42.3M55.4M56.4M57.2M48.3M48.3M
Accumulated Other Comprehensive Income5K706K(355K)(377K)1.4M1.5M
Short Term Debt3.8M2.0M1.8M2.3M2.8M2.4M
Intangible Assets41.2M71.2M61.1M89.0M351.8M369.4M
Other Liab7.7M9.8M9.7M15.7M18.0M9.4M
Net Tangible Assets27.5M(26.6M)(496K)(34.6M)(31.2M)(29.6M)
Other Assets29.9M28.5M28.6M26.6M24.0M29.5M
Long Term Debt16M76.3M41.0M66.0M177.3M186.2M
Property Plant Equipment12.7M9.7M9.2M9.4M10.8M9.4M
Other Stockholder Equity2.2M2.4M2.5M1.01.151.09
Good Will45.5M77.5M77.1M101.2M101.3M63.3M
Long Term Debt Total25.0M83.2M48.2M72.6M83.4M45.6M
Short Term Investments301K448K475K52K36K0.0
Net Invested Capital132.2M198.4M178.7M221.6M346.1M209.3M
Net Working Capital17.7M28.1M19.5M17.6M(15.2M)(14.4M)

Pair Trading with Information Services

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 Information Services 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 Information Services will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Information Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Information Services 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 Information Services - 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 Information Services to buy it.
The correlation of Information Services 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 Information Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Information Services 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 Information Services 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 CorrelationCorrelation Matching

Other Information on Investing in Information Stock

Balance Sheet is a snapshot of the financial position of Information Services at a specified time, usually calculated after every quarter, six months, or one year. Information Services Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Information Services 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 Information currently owns. An asset can also be divided into two categories, current and non-current.