Postmedia Total Assets vs Total Revenue Analysis

PNC-B Stock  CAD 1.24  0.05  4.20%   
Postmedia Network financial indicator trend analysis is much more than just breaking down Postmedia Network Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Postmedia Network Canada is a good investment. Please check the relationship between Postmedia Network Total Assets and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Postmedia Network Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Assets vs Total Revenue

Total Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Postmedia Network Canada Total Assets account and Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Postmedia Network's Total Assets and Total Revenue is 0.12. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Postmedia Network Canada, assuming nothing else is changed. The correlation between historical values of Postmedia Network's Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Postmedia Network Canada are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Postmedia Network's Total Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Postmedia Network assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Postmedia Network Canada books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Revenue

Total revenue comprises all receipts Postmedia Network Canada generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Postmedia Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Postmedia Network Canada 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Postmedia Network Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Postmedia Network's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 92.40 in 2024, whereas Discontinued Operations is likely to drop slightly above 676.3 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense31.0M34.0M37.2M35.6M
Depreciation And Amortization20.3M22.3M18.5M35.5M

Postmedia Network fundamental ratios Correlations

0.770.880.260.820.910.550.730.95-0.270.431.00.70.430.870.78-0.820.910.31-0.120.710.820.58-0.040.99-0.9
0.770.770.620.290.810.630.990.590.020.230.770.40.230.780.47-0.880.910.46-0.230.410.980.410.420.76-0.8
0.880.770.590.580.960.80.740.76-0.270.370.860.50.370.880.54-0.760.780.570.030.520.860.640.310.83-0.78
0.260.620.59-0.250.550.70.640.04-0.07-0.070.24-0.02-0.070.430.02-0.450.320.630.070.060.670.250.950.18-0.33
0.820.290.58-0.250.610.180.240.91-0.350.440.820.710.440.590.79-0.460.590.0-0.050.720.360.46-0.510.82-0.65
0.910.810.960.550.610.790.790.76-0.120.410.890.440.410.910.58-0.740.830.620.070.620.880.70.270.86-0.76
0.550.630.80.70.180.790.610.310.10.270.49-0.010.270.760.1-0.470.540.850.410.160.710.780.470.46-0.38
0.730.990.740.640.240.790.610.560.050.110.740.380.110.760.45-0.860.890.47-0.230.410.970.340.460.74-0.78
0.950.590.760.040.910.760.310.56-0.420.420.960.840.420.720.85-0.770.810.06-0.240.710.660.43-0.230.96-0.9
-0.270.02-0.27-0.07-0.35-0.120.10.05-0.42-0.22-0.29-0.62-0.22-0.06-0.420.28-0.090.460.24-0.23-0.10.03-0.04-0.270.42
0.430.230.37-0.070.440.410.270.110.42-0.220.390.21.00.250.14-0.270.360.050.040.110.250.6-0.210.38-0.3
1.00.770.860.240.820.890.490.740.96-0.290.390.740.390.850.81-0.850.910.26-0.20.730.820.51-0.040.99-0.92
0.70.40.5-0.020.710.44-0.010.380.84-0.620.20.740.20.370.77-0.690.6-0.3-0.420.590.460.03-0.180.75-0.83
0.430.230.37-0.070.440.410.270.110.42-0.221.00.390.20.250.14-0.270.360.050.040.110.250.6-0.210.38-0.3
0.870.780.880.430.590.910.760.760.72-0.060.250.850.370.250.58-0.730.850.560.060.580.850.70.140.84-0.71
0.780.470.540.020.790.580.10.450.85-0.420.140.810.770.140.58-0.660.66-0.03-0.380.870.530.2-0.190.8-0.77
-0.82-0.88-0.76-0.45-0.46-0.74-0.47-0.86-0.770.28-0.27-0.85-0.69-0.27-0.73-0.66-0.91-0.210.45-0.45-0.91-0.3-0.23-0.850.96
0.910.910.780.320.590.830.540.890.81-0.090.360.910.60.360.850.66-0.910.3-0.250.560.920.50.060.93-0.89
0.310.460.570.630.00.620.850.470.060.460.050.26-0.30.050.56-0.03-0.210.30.370.130.50.550.470.22-0.1
-0.12-0.230.030.07-0.050.070.41-0.23-0.240.240.04-0.2-0.420.040.06-0.380.45-0.250.37-0.22-0.170.580.05-0.220.41
0.710.410.520.060.720.620.160.410.71-0.230.110.730.590.110.580.87-0.450.560.13-0.220.460.23-0.120.69-0.56
0.820.980.860.670.360.880.710.970.66-0.10.250.820.460.250.850.53-0.910.920.5-0.170.460.50.440.81-0.84
0.580.410.640.250.460.70.780.340.430.030.60.510.030.60.70.2-0.30.50.550.580.230.50.010.49-0.3
-0.040.420.310.95-0.510.270.470.46-0.23-0.04-0.21-0.04-0.18-0.210.14-0.19-0.230.060.470.05-0.120.440.01-0.1-0.1
0.990.760.830.180.820.860.460.740.96-0.270.380.990.750.380.840.8-0.850.930.22-0.220.690.810.49-0.1-0.92
-0.9-0.8-0.78-0.33-0.65-0.76-0.38-0.78-0.90.42-0.3-0.92-0.83-0.3-0.71-0.770.96-0.89-0.10.41-0.56-0.84-0.3-0.1-0.92
Click cells to compare fundamentals

Postmedia Network Account Relationship Matchups

Postmedia Network fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets336.9M276.2M211.4M169.4M148.9M141.5M
Short Long Term Debt Total320.0M297.0M310.0M342.9M381.6M348.9M
Other Current Liab43.3M39.9M25.4M29.6M24.2M23.0M
Total Current Liabilities109.1M89.7M85.8M89.7M94.0M117.5M
Total Stockholder Equity(164.2M)(139.7M)(201.2M)(272.3M)(321.8M)(305.7M)
Property Plant And Equipment Net131.6M112.0M96.8M75.1M54.9M52.1M
Current Deferred Revenue24.4M22.4M21.3M17.8M16.7M21.4M
Net Debt270.2M235.0M297.9M336.7M379.2M328.1M
Retained Earnings(991.0M)(967.1M)(1.0B)(1.1B)(1.2B)(1.1B)
Accounts Payable11.6M12.0M17.9M16.3M13.9M14.0M
Cash49.8M62.0M12.1M6.2M2.5M2.3M
Non Current Assets Total176.3M142.7M118.5M94.7M79.1M75.2M
Non Currrent Assets Other3.3M6.9M3.7M3.3M4.4M4.2M
Cash And Short Term Investments49.8M62.0M12.1M6.2M2.5M2.3M
Net Receivables65.5M41.3M49.1M46.8M53.9M60.0M
Common Stock Shares Outstanding93.7M98.8M95.9M98.8M98.9M58.0M
Liabilities And Stockholders Equity336.9M276.2M211.4M169.4M148.9M141.5M
Non Current Liabilities Total392.0M326.2M326.8M351.9M376.7M400.8M
Inventory3.3M3.3M5.0M3.4M2.3M3.6M
Other Current Assets42.0M26.9M26.7M18.4M11.1M10.5M
Other Stockholder Equity15.9M16.6M18.0M18.9M19.5M18.5M
Total Liab501.1M415.9M412.6M441.7M470.7M518.2M
Total Current Assets160.6M133.5M92.9M74.7M69.8M105.1M
Short Term Debt29.9M15.5M21.3M26.1M39.2M34.2M
Intangible Assets41.3M23.8M17.9M16.2M19.9M18.9M
Other Liab94.5M101.9M44.8M38.2M34.4M32.6M
Net Tangible Assets(196.8M)(205.6M)(163.5M)(219.2M)(252.0M)(264.6M)
Other Assets2.8M3.3M6.9M3.7M4.3M3.7M
Long Term Debt253.0M248.3M260.9M292.5M263.3M273.0M
Short Long Term Debt20.4M7.4M13M17.8M16.0M15.2M
Property Plant Equipment109.9M131.6M112.0M96.8M87.2M137.0M
Net Invested Capital109.1M116.0M72.7M38.0M34.2M32.5M
Net Working Capital51.5M43.7M7.1M(15.0M)(17.3M)(16.4M)

Pair Trading with Postmedia Network

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 Postmedia Network 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 Postmedia Network will appreciate offsetting losses from the drop in the long position's value.

Moving against Postmedia Stock

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The ability to find closely correlated positions to Postmedia Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Postmedia Network 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 Postmedia Network - 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 Postmedia Network Canada to buy it.
The correlation of Postmedia Network 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 Postmedia Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Postmedia Network Canada 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 Postmedia Network 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

Additional Tools for Postmedia Stock Analysis

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