Allied Capex To Depreciation vs Invested Capital Analysis
AP-UN Stock | CAD 17.28 0.23 1.35% |
Allied Properties financial indicator trend analysis is way more than just evaluating Allied Properties Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allied Properties Real is a good investment. Please check the relationship between Allied Properties Capex To Depreciation and its Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Capex To Depreciation vs Invested Capital
Capex To Depreciation vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allied Properties Real Capex To Depreciation account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Allied Properties' Capex To Depreciation and Invested Capital is -0.1. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Allied Properties Real, assuming nothing else is changed. The correlation between historical values of Allied Properties' Capex To Depreciation and Invested Capital 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 Allied Properties Real are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Capex To Depreciation i.e., Allied Properties' Capex To Depreciation and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Allied Properties Real. There are two different methods for calculating Allied Properties Real invested capital: operating approach and financing approach. Understanding Allied Properties invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Allied Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allied Properties Real 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 12.7 M in 2024. Discontinued Operations is likely to drop to about 147.4 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 329.4M | 295.2M | 317.0M | 186.1M | Total Revenue | 568.9M | 519.5M | 564.0M | 325.1M |
Allied Properties fundamental ratios Correlations
Click cells to compare fundamentals
Allied Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allied Properties fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.3B | 9.4B | 10.4B | 11.9B | 10.6B | 11.1B | |
Short Long Term Debt Total | 2.3B | 2.9B | 3.6B | 4.3B | 4.9B | 5.1B | |
Other Current Liab | 53.6M | 67.3M | 41.6M | 150.9M | 238.3M | 250.2M | |
Total Current Liabilities | 276.9M | 304.8M | 339.6M | 825.0M | 864.4M | 907.6M | |
Total Stockholder Equity | 5.7B | 6.2B | 6.4B | 6.6B | 6.1B | 6.4B | |
Property Plant And Equipment Net | 22.9M | 22.2M | 28.2M | 23.8M | 24.7M | 23.4M | |
Net Debt | 2.1B | 2.8B | 3.6B | 4.2B | 3.4B | 3.6B | |
Accounts Payable | 157.0M | 169.4M | 180.4M | 245.7M | 283.3M | 297.5M | |
Cash | 208.9M | 45.5M | 22.5M | 21.0M | 211.1M | 221.6M | |
Non Current Assets Total | 8.0B | 9.3B | 10.1B | 10.1B | 10.0B | 10.5B | |
Non Currrent Assets Other | 8.0B | 9.3B | 10.0B | 10.1B | 209.8M | 199.3M | |
Cash And Short Term Investments | 208.9M | 45.5M | 22.5M | 21.0M | 24.1M | 29.5M | |
Common Stock Shares Outstanding | 112.7M | 124.5M | 127.5M | 136.9M | 128.0M | 72.9M | |
Liabilities And Stockholders Equity | 8.3B | 9.4B | 10.4B | 11.9B | 13.7B | 14.4B | |
Non Current Liabilities Total | 2.3B | 2.9B | 3.6B | 4.0B | 3.6B | 3.8B | |
Total Liab | 2.6B | 3.2B | 4.0B | 4.8B | 4.5B | 4.7B | |
Property Plant And Equipment Gross | 22.9M | 22.2M | 28.2M | 23.8M | 24.7M | 23.4M | |
Total Current Assets | 342.7M | 110.1M | 310.2M | 1.8B | 633.7M | 665.4M | |
Short Term Debt | 29.2M | 26.7M | 36.1M | 346.9M | 399.0M | 418.9M | |
Retained Earnings | 2.0B | 2.3B | 2.5B | 2.6B | 1.6B | 997.4M | |
Other Stockholder Equity | 22.3M | 27.0M | 31.2M | 34.8M | 31.4M | 29.8M | |
Net Receivables | 73.4M | 35.6M | 176.2M | 420.2M | 17.1M | 16.2M | |
Other Current Assets | 60.4M | 28.9M | 25.2M | 1.4B | 1.6B | 1.7B | |
Common Stock Total Equity | 2.4B | 2.8B | 3.7B | 3.9B | 4.5B | 2.6B | |
Common Stock | 3.7B | 3.9B | 3.9B | 3.9B | 4.5B | 2.9B | |
Net Tangible Assets | 5.7B | 6.2B | 6.4B | 6.6B | 7.6B | 4.7B | |
Other Assets | 375.5M | 575.9M | 507.7M | 361.3M | 415.5M | 298.6M | |
Long Term Debt | 2.1B | 2.7B | 3.4B | 3.9B | 3.5B | 2.5B | |
Long Term Investments | 95.6M | 117.1M | 124.8M | 7.1M | 8.9M | 8.4M | |
Short Long Term Debt | 29.2M | 26.7M | 36.1M | 346.9M | 149.2M | 196.8M | |
Property Plant Equipment | 7.5B | 8.7B | 9.6B | 9.7B | 11.1B | 7.0B | |
Current Deferred Revenue | 63.8M | 75.1M | 81.5M | 81.5M | 93.7M | 65.6M | |
Capital Lease Obligations | 155.2M | 157.1M | 157.6M | 50.9M | 50.6M | 48.1M | |
Net Invested Capital | 7.9B | 8.9B | 9.9B | 10.8B | 9.8B | 9.3B | |
Net Working Capital | 313.2M | 127.8M | 194.0M | 987.8M | (230.7M) | (219.2M) | |
Capital Stock | 3.7B | 3.9B | 3.9B | 3.9B | 4.5B | 4.2B |
Pair Trading with Allied Properties
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 Allied Properties 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 Allied Properties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Allied Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Properties 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 Allied Properties - 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 Allied Properties Real to buy it.
The correlation of Allied Properties 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 Allied Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Properties Real 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 Allied Properties 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Allied Stock analysis
When running Allied Properties' price analysis, check to measure Allied Properties' 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 Allied Properties is operating at the current time. Most of Allied Properties' value examination focuses on studying past and present price action to predict the probability of Allied Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allied Properties' price. Additionally, you may evaluate how the addition of Allied Properties to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Stocks Directory Find actively traded stocks across global markets | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |