| CAD Stock | | | CAD 2.15 0.01 0.46% |
Colonial Coal financial indicator trend analysis is way more than just evaluating Colonial Coal Intern prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colonial Coal Intern is a good investment. Please check the relationship between Colonial Coal Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Colonial Coal International. 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.
Property Plant And Equipment Net vs Common Stock Shares Outstanding
Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colonial Coal Intern Property Plant And Equipment Net account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Colonial Coal's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Colonial Coal International, assuming nothing else is changed. The correlation between historical values of Colonial Coal's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Colonial Coal International are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Colonial Coal's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Colonial Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colonial Coal Intern 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 Colonial Coal International. 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, Colonial Coal's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 18.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3
M in 2024.
Colonial Coal fundamental ratios Correlations
Click cells to compare fundamentals
Colonial Coal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colonial Coal fundamental ratios Accounts
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Additional Tools for Colonial Stock Analysis
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measure Colonial Coal's 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 Colonial Coal is operating at the current time. Most of Colonial Coal's value examination focuses on studying past and present price action to
predict the probability of Colonial Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colonial Coal's price. Additionally, you may evaluate how the addition of Colonial Coal to your portfolios can decrease your overall portfolio volatility.