Black Retained Earnings vs Total Stockholder Equity Analysis

BWR Stock  CAD 0.01  0.01  33.33%   
Black Widow financial indicator trend analysis is way more than just evaluating Black Widow Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Widow Resources is a good investment. Please check the relationship between Black Widow Retained Earnings and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Widow Resources. 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Widow Resources Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Black Widow's Retained Earnings and Total Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Black Widow Resources, assuming nothing else is changed. The correlation between historical values of Black Widow's Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Black Widow Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Black Widow's Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Black Widow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Widow Resources 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 Black Widow Resources. 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 343.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 113.3 K in 2024.

Black Widow fundamental ratios Correlations

-0.16-0.080.350.36-0.020.00.71-0.020.060.01-0.081.00.090.13-0.050.170.130.240.290.12
-0.16-0.50.430.420.6-0.37-0.23-0.770.3-0.05-0.5-0.16-0.57-0.71-0.55-0.73-0.560.430.36-0.5
-0.08-0.5-0.95-0.92-0.90.690.230.61-0.69-0.481.0-0.080.820.660.820.670.9-0.9-0.870.93
0.350.43-0.950.990.88-0.6-0.06-0.610.540.48-0.950.35-0.79-0.63-0.74-0.62-0.830.920.89-0.84
0.360.42-0.920.990.89-0.54-0.1-0.630.480.49-0.920.36-0.8-0.64-0.71-0.64-0.820.890.85-0.82
-0.020.6-0.90.880.89-0.42-0.46-0.810.430.41-0.9-0.02-0.93-0.84-0.77-0.85-0.910.760.68-0.89
0.0-0.370.69-0.6-0.54-0.42-0.240.2-0.62-0.120.690.00.320.180.460.180.53-0.84-0.860.6
0.71-0.230.23-0.06-0.1-0.46-0.240.34-0.02-0.320.230.710.530.520.260.560.440.10.180.4
-0.02-0.770.61-0.61-0.63-0.810.20.34-0.20.020.61-0.020.810.880.770.870.71-0.48-0.390.64
0.060.3-0.690.540.480.43-0.62-0.02-0.20.2-0.690.06-0.26-0.17-0.61-0.19-0.430.550.57-0.51
0.01-0.05-0.480.480.490.41-0.12-0.320.020.2-0.480.01-0.5-0.38-0.27-0.41-0.530.380.35-0.53
-0.08-0.51.0-0.95-0.92-0.90.690.230.61-0.69-0.48-0.080.820.660.820.670.9-0.9-0.870.93
1.0-0.16-0.080.350.36-0.020.00.71-0.020.060.01-0.080.090.13-0.050.170.130.240.290.12
0.09-0.570.82-0.79-0.8-0.930.320.530.81-0.26-0.50.820.090.940.820.930.95-0.66-0.570.91
0.13-0.710.66-0.63-0.64-0.840.180.520.88-0.17-0.380.660.130.940.790.990.85-0.49-0.390.78
-0.05-0.550.82-0.74-0.71-0.770.460.260.77-0.61-0.270.82-0.050.820.790.740.82-0.62-0.580.82
0.17-0.730.67-0.62-0.64-0.850.180.560.87-0.19-0.410.670.170.930.990.740.85-0.49-0.390.77
0.13-0.560.9-0.83-0.82-0.910.530.440.71-0.43-0.530.90.130.950.850.820.85-0.79-0.730.99
0.240.43-0.90.920.890.76-0.840.1-0.480.550.38-0.90.24-0.66-0.49-0.62-0.49-0.790.99-0.82
0.290.36-0.870.890.850.68-0.860.18-0.390.570.35-0.870.29-0.57-0.39-0.58-0.39-0.730.99-0.77
0.12-0.50.93-0.84-0.82-0.890.60.40.64-0.51-0.530.930.120.910.780.820.770.99-0.82-0.77
Click cells to compare fundamentals

Black Widow Account Relationship Matchups

Black Widow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets343.8K302.7K119.6K85.2K98.0K156.8K
Total Current Liabilities445.3K630.0K830.2K981.4K1.1M1.2M
Total Stockholder Equity(101.6K)(327.4K)(710.6K)(896.1K)(806.5K)(766.2K)
Net Tangible Assets(173.8K)(101.6K)(327.4K)(710.6K)(639.6K)(607.6K)
Retained Earnings(4.3M)(5.1M)(5.4M)(5.7M)(5.1M)(5.3M)
Accounts Payable20.5K23.6K35.7K92.8K106.7K112.0K
Cash336.1K292.4K109.2K64.9K74.6K128.6K
Net Receivables9.2K7.7K10.3K10.4K12.0K7.9K
Other Stockholder Equity204.0K185.2K279.6K219.0K197.1K267.4K
Total Liab445.3K630.0K830.2K981.4K1.1M1.2M
Total Current Assets343.8K302.7K119.6K85.2K98.0K156.8K
Common Stock2.8M3.2M3.7M4.1M4.7M3.0M
Common Stock Shares Outstanding73.5M89.5M101.4M106.0M121.9M93.0M
Net Invested Capital(101.6K)(327.4K)(710.6K)(791.6K)(712.5K)(676.9K)
Net Working Capital(101.6K)(327.4K)(710.6K)(896.1K)(806.5K)(766.2K)
Capital Stock3.2M3.7M4.1M4.1M4.8M4.0M

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