BCM Net Invested Capital vs Other Current Assets Analysis

B Stock

CAD 0.05 0.01 16.67%

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

Net Invested Capital vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCM Resources Corp Net Invested Capital account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BCM Resources' Net Invested Capital and Other Current Assets is -0.29. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of BCM Resources Corp, assuming nothing else is changed. The correlation between historical values of BCM Resources' Net Invested Capital and Other Current Assets 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 BCM Resources Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Invested Capital i.e., BCM Resources' Net Invested Capital and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from BCM Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCM Resources Corp 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 BCM Resources Corp. 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.

Selling General Administrative is likely to climb to about 2 M in 2024. Issuance Of Capital Stock is likely to climb to about 3.3 M in 2024

BCM Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Stockholder Equity	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Other Assets
Total Assets		0.88	1.0	0.66	-0.38	0.91	0.06	-0.18	0.75	-0.34	0.88	0.05	0.66	0.61	-0.79	0.97	0.48	0.95	0.67	0.97	0.82	-0.74	0.97	0.97	-0.78
Total Current Liabilities	0.88		0.86	0.25	-0.6	0.99	-0.15	0.0	0.81	-0.23	1.0	-0.14	0.57	0.2	-0.59	0.93	0.61	0.91	0.57	0.92	0.81	-0.91	0.92	0.93	-0.77
Total Stockholder Equity	1.0	0.86		0.68	-0.37	0.9	0.07	-0.18	0.74	-0.34	0.86	0.06	0.66	0.62	-0.79	0.96	0.47	0.95	0.67	0.96	0.82	-0.73	0.97	0.97	-0.77
Net Tangible Assets	0.66	0.25	0.68		0.26	0.33	0.22	-0.51	0.19	-0.44	0.25	0.15	0.38	0.99	-0.7	0.48	0.0	0.47	0.38	0.49	0.34	-0.16	0.5	0.5	-0.33
Retained Earnings	-0.38	-0.6	-0.37	0.26		-0.55	-0.4	-0.32	-0.57	0.05	-0.6	-0.44	-0.67	0.35	0.35	-0.6	-0.83	-0.64	-0.68	-0.6	-0.5	0.39	-0.58	-0.58	0.38
Accounts Payable	0.91	0.99	0.9	0.33	-0.55		-0.13	0.0	0.81	-0.21	0.99	-0.13	0.58	0.28	-0.62	0.95	0.55	0.92	0.57	0.94	0.81	-0.9	0.94	0.95	-0.78
Cash	0.06	-0.15	0.07	0.22	-0.4	-0.13		0.06	0.1	-0.12	-0.15	0.95	0.53	0.16	-0.43	0.14	0.36	0.21	0.52	0.16	0.13	0.47	0.15	0.13	-0.04
Net Receivables	-0.18	0.0	-0.18	-0.51	-0.32	0.0	0.06		0.06	0.93	0.0	0.15	-0.06	-0.54	0.48	-0.05	-0.2	-0.06	-0.11	-0.05	-0.06	0.05	-0.05	-0.04	0.02
Short Term Investments	0.75	0.81	0.74	0.19	-0.57	0.81	0.1	0.06		-0.17	0.81	0.12	0.66	0.13	-0.53	0.82	0.61	0.82	0.69	0.81	0.98	-0.6	0.82	0.81	-0.8
Other Current Assets	-0.34	-0.23	-0.34	-0.44	0.05	-0.21	-0.12	0.93	-0.17		-0.23	-0.05	-0.32	-0.45	0.65	-0.29	-0.54	-0.32	-0.39	-0.29	-0.27	0.18	-0.28	-0.28	0.19
Total Liab	0.88	1.0	0.86	0.25	-0.6	0.99	-0.15	0.0	0.81	-0.23		-0.14	0.57	0.2	-0.59	0.93	0.61	0.91	0.57	0.92	0.81	-0.91	0.92	0.93	-0.77
Total Current Assets	0.05	-0.14	0.06	0.15	-0.44	-0.13	0.95	0.15	0.12	-0.05	-0.14		0.51	0.08	-0.34	0.15	0.37	0.23	0.58	0.17	0.16	0.48	0.16	0.13	-0.06
Common Stock	0.66	0.57	0.66	0.38	-0.67	0.58	0.53	-0.06	0.66	-0.32	0.57	0.51		0.31	-0.72	0.74	0.7	0.78	0.96	0.75	0.69	-0.36	0.73	0.73	-0.31
Property Plant Equipment	0.61	0.2	0.62	0.99	0.35	0.28	0.16	-0.54	0.13	-0.45	0.2	0.08	0.31		-0.66	0.42	-0.06	0.4	0.3	0.42	0.29	-0.14	0.43	0.43	-0.28
Other Current Liab	-0.79	-0.59	-0.79	-0.7	0.35	-0.62	-0.43	0.48	-0.53	0.65	-0.59	-0.34	-0.72	-0.66		-0.77	-0.55	-0.78	-0.71	-0.77	-0.63	0.42	-0.77	-0.76	0.53
Non Current Assets Total	0.97	0.93	0.96	0.48	-0.6	0.95	0.14	-0.05	0.82	-0.29	0.93	0.15	0.74	0.42	-0.77		0.63	0.99	0.76	1.0	0.86	-0.76	1.0	1.0	-0.79
Non Currrent Assets Other	0.48	0.61	0.47	0.0	-0.83	0.55	0.36	-0.2	0.61	-0.54	0.61	0.37	0.7	-0.06	-0.55	0.63		0.69	0.75	0.63	0.6	-0.4	0.62	0.6	-0.46
Common Stock Shares Outstanding	0.95	0.91	0.95	0.47	-0.64	0.92	0.21	-0.06	0.82	-0.32	0.91	0.23	0.78	0.4	-0.78	0.99	0.69		0.8	1.0	0.86	-0.71	0.99	0.99	-0.78
Other Stockholder Equity	0.67	0.57	0.67	0.38	-0.68	0.57	0.52	-0.11	0.69	-0.39	0.57	0.58	0.96	0.3	-0.71	0.76	0.75	0.8		0.77	0.73	-0.32	0.75	0.74	-0.39
Net Invested Capital	0.97	0.92	0.96	0.49	-0.6	0.94	0.16	-0.05	0.81	-0.29	0.92	0.17	0.75	0.42	-0.77	1.0	0.63	1.0	0.77		0.86	-0.74	1.0	1.0	-0.78
Long Term Investments	0.82	0.81	0.82	0.34	-0.5	0.81	0.13	-0.06	0.98	-0.27	0.81	0.16	0.69	0.29	-0.63	0.86	0.6	0.86	0.73	0.86		-0.6	0.86	0.85	-0.82
Net Working Capital	-0.74	-0.91	-0.73	-0.16	0.39	-0.9	0.47	0.05	-0.6	0.18	-0.91	0.48	-0.36	-0.14	0.42	-0.76	-0.4	-0.71	-0.32	-0.74	-0.6		-0.74	-0.76	0.56
Capital Stock	0.97	0.92	0.97	0.5	-0.58	0.94	0.15	-0.05	0.82	-0.28	0.92	0.16	0.73	0.43	-0.77	1.0	0.62	0.99	0.75	1.0	0.86	-0.74		1.0	-0.8
Property Plant And Equipment Net	0.97	0.93	0.97	0.5	-0.58	0.95	0.13	-0.04	0.81	-0.28	0.93	0.13	0.73	0.43	-0.76	1.0	0.6	0.99	0.74	1.0	0.85	-0.76	1.0		-0.79
Other Assets	-0.78	-0.77	-0.77	-0.33	0.38	-0.78	-0.04	0.02	-0.8	0.19	-0.77	-0.06	-0.31	-0.28	0.53	-0.79	-0.46	-0.78	-0.39	-0.78	-0.82	0.56	-0.8	-0.79

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BCM Resources Account Relationship Matchups

BCM Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	862.3K	1.8M	6.3M	22.7M	26.1M	27.4M
Total Current Liabilities	704.1K	297.5K	144.8K	1.4M	1.6M	1.7M
Total Stockholder Equity	158.2K	1.5M	6.1M	21.3M	24.5M	25.7M
Net Tangible Assets	170.5K	158.2K	1.5M	6.1M	5.5M	5.8M
Retained Earnings	(10.1M)	(10.5M)	(11.0M)	(12.9M)	(11.6M)	(12.2M)
Accounts Payable	453.0K	110.6K	107.7K	1.3M	1.5M	1.5M
Cash	10.8K	92.8K	362.6K	39.8K	45.7K	72.0K
Net Receivables	5.4K	6.7K	8.2K	11K	9.9K	12.8K
Total Liab	704.1K	297.5K	144.8K	1.4M	1.6M	1.7M
Total Current Assets	17.4K	264.0K	451.2K	82.3K	94.6K	126.3K
Common Stock	8.7M	8.7M	9.8M	14.9M	17.1M	9.8M
Property Plant Equipment	804.4K	830.6K	1.5M	5.8M	5.2M	5.5M
Non Current Assets Total	844.9K	1.6M	5.8M	22.6M	26.0M	27.3M
Common Stock Shares Outstanding	39.1M	59.6M	88.6M	184.3M	211.9M	222.5M
Other Stockholder Equity	1.5M	1.5M	2.2M	2.3M	2.7M	1.9M
Net Invested Capital	158.2K	1.5M	6.1M	21.3M	24.5M	25.7M
Long Term Investments	14.3K	14.4K	14.5K	14.5K	16.7K	15.7K
Net Working Capital	(686.7K)	(33.6K)	306.5K	(1.3M)	(1.2M)	(1.1M)
Capital Stock	8.7M	9.8M	14.9M	30.7M	35.3M	37.1M

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