Altiplano Net Invested Capital vs Property Plant And Equipment Net Analysis

APN Stock

CAD 0.05 0.01 16.67%

Altiplano Metals financial indicator trend analysis is way more than just evaluating Altiplano Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altiplano Metals is a good investment. Please check the relationship between Altiplano Metals Net Invested Capital and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altiplano Metals. 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.

Net Invested Capital vs Property Plant And Equipment Net

Net Invested Capital vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altiplano Metals Net Invested Capital account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Altiplano Metals' Net Invested Capital and Property Plant And Equipment Net is 0.85. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Altiplano Metals, assuming nothing else is changed. The correlation between historical values of Altiplano Metals' Net Invested Capital and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Altiplano Metals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Invested Capital i.e., Altiplano Metals' Net Invested Capital and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Altiplano Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altiplano Metals 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 Altiplano Metals. 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, Altiplano Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 15 M in 2024, whereas Selling General Administrative is likely to drop slightly above 299.9 K in 2024.

Altiplano Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Other Assets	Other Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Inventory	Long Term Investments	Net Invested Capital	Net Working Capital
Total Assets		0.91	0.99	0.84	0.58	-0.98	0.24	0.99	0.24	0.66	-0.39	0.92	0.51	0.59	0.99	1.0	0.88	0.02	0.74	0.94	0.99	0.73	0.78	-0.16	0.96	-0.35
Total Current Liabilities	0.91		0.86	0.63	0.74	-0.92	0.06	0.93	0.06	0.41	-0.53	0.98	0.28	0.61	0.92	0.9	0.99	-0.06	0.62	0.79	0.94	0.93	0.64	-0.3	0.86	-0.64
Total Stockholder Equity	0.99	0.86		0.89	0.53	-0.97	0.25	0.98	0.25	0.71	-0.34	0.86	0.53	0.57	0.98	0.99	0.83	0.05	0.72	0.95	0.97	0.65	0.8	-0.09	0.96	-0.29
Property Plant And Equipment Net	0.84	0.63	0.89		0.42	-0.82	0.17	0.83	0.17	0.76	-0.21	0.61	0.48	0.32	0.84	0.83	0.59	0.17	0.73	0.92	0.8	0.32	0.76	0.05	0.85	-0.1
Net Debt	0.58	0.74	0.53	0.42		-0.69	-0.54	0.66	-0.54	0.31	-0.35	0.69	-0.27	0.58	0.64	0.6	0.77	0.11	0.37	0.54	0.67	0.73	0.6	-0.09	0.54	-0.65
Retained Earnings	-0.98	-0.92	-0.97	-0.82	-0.69		-0.09	-0.99	-0.09	-0.62	0.37	-0.91	-0.37	-0.61	-0.99	-0.98	-0.9	-0.05	-0.68	-0.94	-0.99	-0.76	-0.82	0.16	-0.95	0.44
Cash	0.24	0.06	0.25	0.17	-0.54	-0.09		0.12	1.0	0.08	-0.02	0.19	0.92	-0.29	0.15	0.2	-0.05	-0.14	0.47	0.17	0.12	-0.07	-0.05	-0.38	0.26	0.51
Non Current Assets Total	0.99	0.93	0.98	0.83	0.66	-0.99	0.12		0.12	0.65	-0.4	0.92	0.4	0.63	1.0	0.99	0.91	0.04	0.68	0.93	1.0	0.77	0.79	-0.13	0.95	-0.44
Cash And Short Term Investments	0.24	0.06	0.25	0.17	-0.54	-0.09	1.0	0.12		0.08	-0.02	0.19	0.92	-0.29	0.15	0.2	-0.05	-0.14	0.47	0.17	0.12	-0.07	-0.05	-0.38	0.26	0.51
Net Receivables	0.66	0.41	0.71	0.76	0.31	-0.62	0.08	0.65	0.08		-0.28	0.42	0.41	0.6	0.64	0.68	0.41	-0.12	0.5	0.73	0.63	0.15	0.68	0.55	0.67	0.08
Other Stockholder Equity	-0.39	-0.53	-0.34	-0.21	-0.35	0.37	-0.02	-0.4	-0.02	-0.28		-0.5	-0.11	-0.23	-0.39	-0.39	-0.53	0.8	-0.18	-0.31	-0.41	-0.49	0.01	-0.05	-0.45	0.42
Total Liab	0.92	0.98	0.86	0.61	0.69	-0.91	0.19	0.92	0.19	0.42	-0.5		0.41	0.57	0.91	0.9	0.95	-0.07	0.71	0.79	0.93	0.9	0.64	-0.36	0.87	-0.51
Total Current Assets	0.51	0.28	0.53	0.48	-0.27	-0.37	0.92	0.4	0.92	0.41	-0.11	0.41		-0.07	0.42	0.47	0.17	-0.09	0.72	0.47	0.39	0.06	0.26	-0.25	0.53	0.45
Non Currrent Assets Other	0.59	0.61	0.57	0.32	0.58	-0.61	-0.29	0.63	-0.29	0.6	-0.23	0.57	-0.07		0.61	0.63	0.67	-0.01	0.11	0.49	0.66	0.63	0.62	0.39	0.47	-0.51
Common Stock Shares Outstanding	0.99	0.92	0.98	0.84	0.64	-0.99	0.15	1.0	0.15	0.64	-0.39	0.91	0.42	0.61		0.99	0.89	0.03	0.68	0.94	0.99	0.75	0.8	-0.15	0.95	-0.4
Net Tangible Assets	1.0	0.9	0.99	0.83	0.6	-0.98	0.2	0.99	0.2	0.68	-0.39	0.9	0.47	0.63	0.99		0.87	0.03	0.7	0.93	0.99	0.73	0.79	-0.12	0.96	-0.35
Accounts Payable	0.88	0.99	0.83	0.59	0.77	-0.9	-0.05	0.91	-0.05	0.41	-0.53	0.95	0.17	0.67	0.89	0.87		-0.06	0.53	0.76	0.92	0.95	0.63	-0.22	0.81	-0.73
Other Assets	0.02	-0.06	0.05	0.17	0.11	-0.05	-0.14	0.04	-0.14	-0.12	0.8	-0.07	-0.09	-0.01	0.03	0.03	-0.06		0.18	0.08	0.02	-0.07	0.33	-0.22	-0.07	0.06
Other Current Assets	0.74	0.62	0.72	0.73	0.37	-0.68	0.47	0.68	0.47	0.5	-0.18	0.71	0.72	0.11	0.68	0.7	0.53	0.18		0.74	0.67	0.37	0.59	-0.35	0.75	0.09
Common Stock	0.94	0.79	0.95	0.92	0.54	-0.94	0.17	0.93	0.17	0.73	-0.31	0.79	0.47	0.49	0.94	0.93	0.76	0.08	0.74		0.92	0.56	0.79	-0.07	0.97	-0.26
Property Plant Equipment	0.99	0.94	0.97	0.8	0.67	-0.99	0.12	1.0	0.12	0.63	-0.41	0.93	0.39	0.66	0.99	0.99	0.92	0.02	0.67	0.92		0.8	0.78	-0.14	0.94	-0.46
Other Current Liab	0.73	0.93	0.65	0.32	0.73	-0.76	-0.07	0.77	-0.07	0.15	-0.49	0.9	0.06	0.63	0.75	0.73	0.95	-0.07	0.37	0.56	0.8		0.46	-0.37	0.65	-0.79
Inventory	0.78	0.64	0.8	0.76	0.6	-0.82	-0.05	0.79	-0.05	0.68	0.01	0.64	0.26	0.62	0.8	0.79	0.63	0.33	0.59	0.79	0.78	0.46		0.08	0.72	-0.19
Long Term Investments	-0.16	-0.3	-0.09	0.05	-0.09	0.16	-0.38	-0.13	-0.38	0.55	-0.05	-0.36	-0.25	0.39	-0.15	-0.12	-0.22	-0.22	-0.35	-0.07	-0.14	-0.37	0.08		-0.17	0.11
Net Invested Capital	0.96	0.86	0.96	0.85	0.54	-0.95	0.26	0.95	0.26	0.67	-0.45	0.87	0.53	0.47	0.95	0.96	0.81	-0.07	0.75	0.97	0.94	0.65	0.72	-0.17		-0.28
Net Working Capital	-0.35	-0.64	-0.29	-0.1	-0.65	0.44	0.51	-0.44	0.51	0.08	0.42	-0.51	0.45	-0.51	-0.4	-0.35	-0.73	0.06	0.09	-0.26	-0.46	-0.79	-0.19	0.11	-0.28

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Altiplano Metals Account Relationship Matchups

Altiplano Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.1M	10.9M	12.0M	13.1M	13.9M	14.6M
Total Current Liabilities	647.0K	1.2M	869.1K	2.4M	2.7M	2.9M
Total Stockholder Equity	6.4M	8.5M	10.8M	10.5M	10.2M	10.7M
Property Plant And Equipment Net	6.5M	8.0M	9.7M	11.9M	5.0M	4.5M
Net Debt	(29.8K)	(226.9K)	(668.0K)	721.9K	715.2K	751.0K
Retained Earnings	(6.7M)	(7.5M)	(9.8M)	(11.5M)	(12.4M)	(11.8M)
Cash	29.8K	1.9M	1.5M	118.8K	455.5K	598.9K
Non Current Assets Total	6.6M	8.0M	10.1M	12.4M	12.9M	13.5M
Cash And Short Term Investments	29.8K	1.9M	1.5M	118.8K	455.5K	598.9K
Net Receivables	409.7K	362.2K	305.8K	194.0K	257.1K	179.2K
Liabilities And Stockholders Equity	7.1M	10.9M	12.0M	13.1M	13.9M	14.6M
Other Stockholder Equity	1.3M	1.5M	2.2M	18.6K	21.3K	20.3K
Total Liab	647.0K	2.3M	1.3M	2.6M	3.7M	3.9M
Total Current Assets	485.9K	2.9M	2.0M	676.6K	993.7K	920.0K
Non Currrent Assets Other	6.9M	6.6M	333.9K	593.2K	7.9M	8.3M
Common Stock Shares Outstanding	67.3M	77.6M	108.1M	114.9M	121.6M	127.7M
Accumulated Other Comprehensive Income	(377.5K)	(318.1K)	(365.3K)	2.2M	1.7M	1.8M
Net Tangible Assets	6.4M	8.5M	10.8M	10.5M	12.1M	12.7M
Accounts Payable	584.9K	542.3K	405.3K	1.7M	1.9M	2.0M
Other Current Assets	46.5K	639.6K	219.4K	363.9K	281.1K	180.2K
Common Stock	12.2M	14.8M	18.8M	19.8M	20.9M	11.2M
Property Plant Equipment	6.5M	8.0M	9.7M	11.9M	13.6M	14.3M
Other Current Liab	62.1K	164.8K	75.1K	1.4M	2.3M	2.5M
Long Term Investments	73.7K	2.9K	2.1K	625.0	562.5	534.38
Net Invested Capital	6.4M	9.3M	10.8M	10.6M	12.2M	8.7M
Net Working Capital	(161.0K)	1.7M	1.1M	(1.7M)	(1.5M)	(1.5M)
Capital Stock	12.2M	14.8M	18.8M	19.8M	22.7M	17.0M

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