Stella Ptb Ratio vs Operating Cash Flow Per Share Analysis

SJ Stock  CAD 71.58  0.51  0.72%   
Stella Jones financial indicator trend analysis is much more than just breaking down Stella Jones prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stella Jones is a good investment. Please check the relationship between Stella Jones Ptb Ratio and its Operating Cash Flow Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stella Jones. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ptb Ratio vs Operating Cash Flow Per Share

Ptb Ratio vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stella Jones Ptb Ratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stella Jones' Ptb Ratio and Operating Cash Flow Per Share is -0.03. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Stella Jones, assuming nothing else is changed. The correlation between historical values of Stella Jones' Ptb Ratio and Operating 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 Ptb Ratio of Stella Jones are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Stella Jones' Ptb Ratio and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Stella Jones' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stella Jones 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stella Jones. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Stella Jones' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 991.2 K, while Tax Provision is likely to drop about 75.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense23M33M68M71.4M
Depreciation And Amortization74M89M109M114.5M

Stella Jones fundamental ratios Correlations

0.960.630.970.970.990.980.970.841.00.280.990.160.981.00.930.820.980.981.00.81-0.83-0.830.970.840.78
0.960.470.980.870.970.990.880.880.960.310.960.021.00.970.850.891.00.970.970.91-0.79-0.790.90.70.68
0.630.470.550.740.580.510.720.140.63-0.090.620.480.50.630.620.230.510.540.630.35-0.49-0.490.730.760.7
0.970.980.550.90.980.980.930.860.970.290.97-0.010.980.970.870.890.980.980.970.92-0.84-0.840.930.710.66
0.970.870.740.90.950.90.990.750.970.220.960.290.90.960.940.70.90.920.970.67-0.8-0.80.970.910.82
0.990.970.580.980.950.980.970.870.990.30.980.050.970.990.910.870.980.990.990.84-0.86-0.860.950.780.7
0.980.990.510.980.90.980.920.880.970.380.970.030.990.980.90.90.990.980.980.88-0.86-0.860.920.740.7
0.970.880.720.930.990.970.920.770.980.260.960.190.910.970.930.760.910.940.970.71-0.85-0.850.970.870.77
0.840.880.140.860.750.870.880.770.850.470.85-0.130.880.830.780.90.880.890.830.75-0.74-0.740.750.570.52
1.00.960.630.970.970.990.970.980.850.290.990.150.970.990.930.820.970.980.990.8-0.83-0.830.960.840.78
0.280.31-0.090.290.220.30.380.260.470.290.33-0.180.320.250.410.550.320.370.270.2-0.58-0.590.250.230.25
0.990.960.620.970.960.980.970.960.850.990.330.180.970.990.930.830.970.970.990.8-0.81-0.810.970.840.8
0.160.020.48-0.010.290.050.030.19-0.130.15-0.180.180.060.170.21-0.310.05-0.020.17-0.220.110.110.250.460.55
0.981.00.50.980.90.970.990.910.880.970.320.970.060.980.880.881.00.980.980.88-0.8-0.80.920.740.72
1.00.970.630.970.960.990.980.970.830.990.250.990.170.980.920.820.980.971.00.82-0.82-0.820.970.830.77
0.930.850.620.870.940.910.90.930.780.930.410.930.210.880.920.710.880.890.930.65-0.85-0.850.90.870.79
0.820.890.230.890.70.870.90.760.90.820.550.83-0.310.880.820.710.890.910.820.85-0.83-0.830.770.490.45
0.981.00.510.980.90.980.990.910.880.970.320.970.051.00.980.880.890.980.980.89-0.81-0.810.920.740.71
0.980.970.540.980.920.990.980.940.890.980.370.97-0.020.980.970.890.910.980.970.86-0.87-0.870.920.740.68
1.00.970.630.970.970.990.980.970.830.990.270.990.170.981.00.930.820.980.970.82-0.82-0.820.970.830.78
0.810.910.350.920.670.840.880.710.750.80.20.8-0.220.880.820.650.850.890.860.82-0.7-0.70.750.430.42
-0.83-0.79-0.49-0.84-0.8-0.86-0.86-0.85-0.74-0.83-0.58-0.810.11-0.8-0.82-0.85-0.83-0.81-0.87-0.82-0.71.0-0.8-0.65-0.52
-0.83-0.79-0.49-0.84-0.8-0.86-0.86-0.85-0.74-0.83-0.59-0.810.11-0.8-0.82-0.85-0.83-0.81-0.87-0.82-0.71.0-0.8-0.65-0.52
0.970.90.730.930.970.950.920.970.750.960.250.970.250.920.970.90.770.920.920.970.75-0.8-0.80.860.81
0.840.70.760.710.910.780.740.870.570.840.230.840.460.740.830.870.490.740.740.830.43-0.65-0.650.860.95
0.780.680.70.660.820.70.70.770.520.780.250.80.550.720.770.790.450.710.680.780.42-0.52-0.520.810.95
Click cells to compare fundamentals

Stella Jones Account Relationship Matchups

Stella Jones fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.4B2.7B3.1B3.7B3.9B
Short Long Term Debt Total723.1M745M878M1.1B1.6B1.7B
Other Current Liab80.0M98M154M53M78M81.9M
Total Current Liabilities182.1M218M242M259M384M403.2M
Total Stockholder Equity1.3B1.4B1.4B1.6B1.7B1.7B
Property Plant And Equipment Net684.6M709M767M915M1.2B1.3B
Net Debt841.2M884M1.0B1.3B1.6B1.7B
Retained Earnings967.8M1.1B1.2B1.2B1.3B1.4B
Accounts Payable65M55M19M157M152M159.6M
Non Current Assets Total1.1B1.1B1.3B1.5B1.8B1.8B
Non Currrent Assets Other937K3M11M35M5M2.6M
Net Receivables185M208M239M287M319M335.0M
Common Stock Shares Outstanding68.8M67.3M65M61.4M58.0M57.8M
Liabilities And Stockholders Equity2.3B2.4B2.7B3.1B3.7B3.9B
Non Current Liabilities Total810.6M835M975M1.3B1.7B1.8B
Inventory970.6M1.1B1.1B1.2B1.6B1.7B
Other Current Assets47M36M43M58M48M50.4M
Other Stockholder Equity386K80M79M171M196.7M206.5M
Total Liab992.8M1.1B1.2B1.5B2.1B2.2B
Property Plant And Equipment Gross684.6M709M965M1.1B1.4B1.5B
Total Current Assets1.2B1.3B1.4B1.6B1.9B2.0B
Accumulated Other Comprehensive Income103.1M80M79M171M134M140.7M
Short Term Debt36M46M68M42M154M161.7M
Cash(118.1M)(139M)(144M)(167M)(150.3M)(142.8M)
Cash And Short Term Investments(118.1M)(139M)(144M)(167M)(150.3M)(142.8M)
Current Deferred Revenue79.0M89.5M77.6M117M134.6M141.3M
Good Will284.9M280M341M369M375M234.7M
Intangible Assets114.7M115M158M171M169M117.8M
Common Stock Total Equity220.5M221.3M217.0M214M246.1M206.9M
Common Stock217.0M214M208M194M189M208.9M
Other Liab124M134M165M191M219.7M129.9M
Net Tangible Assets888M978M949M1.0B1.2B794.9M
Other Assets4M3M8M35M40.3M42.3M
Long Term Debt598.4M595M701M940M1.2B711.1M
Short Long Term Debt6.5M11M33M1M100M105M
Property Plant Equipment684M709M767M915M1.1B599.3M
Long Term Debt Total687.3M701M810M1.1B1.2B758.2M

Pair Trading with Stella Jones

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 Stella Jones 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 Stella Jones will appreciate offsetting losses from the drop in the long position's value.

Moving together with Stella Stock

  0.63ORE Orezone Gold CorpPairCorr
  0.61INFM Infinico Metals CorpPairCorr

Moving against Stella Stock

  0.96GS GOLDMAN SACHS CDRPairCorr
  0.94BOFA Bank of AmericaPairCorr
  0.91JPM JPMorgan ChasePairCorr
  0.84AMZN Amazon CDRPairCorr
  0.83WMT Walmart Inc CDRPairCorr
The ability to find closely correlated positions to Stella Jones could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stella Jones 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 Stella Jones - 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 Stella Jones to buy it.
The correlation of Stella Jones 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 Stella Jones moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stella Jones 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 Stella Jones 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 Stella Stock

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