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 |
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
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BCM Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running BCM Resources' price analysis, check to measure BCM Resources' 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 BCM Resources is operating at the current time. Most of BCM Resources' value examination focuses on studying past and present price action to predict the probability of BCM Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCM Resources' price. Additionally, you may evaluate how the addition of BCM Resources to your portfolios can decrease your overall portfolio volatility.