We obtain, analytically, the global negativity, partial K−way negativities (K = 2, 3), Wootter's tangle and three tangle for the generic three qubit canonical state. It is found that the product of global negativity and partial three way negativity is equal to three tangle, while the partial two way negativity is related to tangle of qubit pairs. We also calculate similar quantities for the state canonical to a single parameter (0 < q < 1) pure state which is a linear combination of a GHZ state and a W state. In this case for q = 0.62685, the state has zero three tangle and zero three-way negativity, having only W-like entanglement. The difference between the product of global and partial three way negativity and three tangle for a given state is a quantitative measure of two qubit coherences transformed by unitary transformations on canonical state into three qubit coherences. The global negativity and partial K−way negativities, obtained by selective partial transpositions on multi-qubit state operator, satisfy inequalities which for three qubits are equivalent to CKW (Coffman-Kundu-Wootter) inequality.Quantifying multipartite entanglement is an important problem in quantum information theory [1]. A multipartite quantum system can have more than one type of qualitatively distinct quantum correlations since a given subsystem may be entangled to the rest in many different ways. Consequently, a single quantity can not characterize multipartite entanglement. The first step towards understanding the amount and nature of entanglement available to a given party holding part of the composite system, is to quantify the quantum correlations present in the composite system state. Peres-Horodecki [2, 3] positive partial transpose is a widely used separability criterian for a bipartite state. Negativity [4] of the partial transpose of an entangled state has been shown to be an entanglement monotone [5]. In a recent paper [6], we defined K−way negativities to characterize K−partite quantum correlations in a multipartite state. The specific constraints applied during the construction of K−way partial transpose of a state ρ = |Ψ Ψ| relate the partial K−way negativiy to K−partite correlations present in the state in a very natural way. The global partial transpose can be written as a sum of K−way partial transposes. The partial K−way negativity, defined as the contribution of K−way partial transpose to global negativity, quantifies the K−partite coherences of the state. A pure state Ψ can be transformed, through local unitary operations and classical communication (LOCC), to a state Ψ c such that both the states perform the same tasks in quantum information processing, however, the probabilities of success may be different. If Ψ c is a superposition of minimum number of local basis states and depends on coeficients that are non-local invariants [7], it is called a canonical state. The states Ψ and Ψ c have the same entanglement content but different quantum coherences. It was conjectured in [6] that the global negativities and ...