CANEX Total Stockholder Equity vs Net Debt Analysis

CANX Stock

CAD 0.05 0.01 25.00%

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

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CANEX Metals Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between CANEX Metals' Total Stockholder Equity and Net Debt is -0.76. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of CANEX Metals, assuming nothing else is changed. The correlation between historical values of CANEX Metals' Total Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of CANEX Metals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., CANEX Metals' Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from CANEX Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CANEX 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 CANEX 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 interest.

Selling General Administrative is likely to drop to about 305 K in 2024. Issuance Of Capital Stock is likely to drop to about 655.5 K in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	30.0	2.8K	3.3K	3.4K
Interest Income	3.1K	24.3K	27.9K	29.3K

Reconciled Depreciation Interest Income

CANEX 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	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Other Stockholder Equity	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Short Term Investments	Net Tangible Assets	Other Assets	Other Current Assets	Property Plant Equipment
Total Assets		0.38	1.0	0.98	-0.76	-0.17	0.76	0.98	0.59	-0.27	0.89	0.5	0.57	0.59	-0.29	0.54	0.39	-0.64	-0.52	0.6	-0.52	-0.17	0.94	0.72	0.7	0.94
Total Current Liabilities	0.38		0.35	0.36	-0.27	0.7	0.26	0.37	0.22	0.2	0.04	0.96	0.21	-0.3	0.18	0.68	0.55	-0.17	0.03	0.06	0.03	0.06	0.12	0.22	0.33	0.1
Total Stockholder Equity	1.0	0.35		0.98	-0.76	-0.19	0.76	0.98	0.58	-0.28	0.9	0.48	0.57	0.6	-0.3	0.52	0.38	-0.64	-0.53	0.6	-0.53	-0.17	0.94	0.72	0.69	0.94
Property Plant And Equipment Net	0.98	0.36	0.98		-0.61	-0.07	0.62	1.0	0.41	-0.22	0.87	0.46	0.39	0.51	-0.23	0.55	0.23	-0.6	-0.57	0.51	-0.57	-0.33	0.9	0.65	0.56	0.91
Net Debt	-0.76	-0.27	-0.76	-0.61		0.42	-0.99	-0.61	-0.93	0.41	-0.68	-0.44	-0.93	-0.65	0.41	-0.32	-0.71	0.52	0.17	-0.71	0.17	-0.26	-0.74	-0.65	-0.82	-0.72
Retained Earnings	-0.17	0.7	-0.19	-0.07	0.42		-0.41	-0.07	-0.49	0.45	-0.49	0.55	-0.49	-0.75	0.46	0.43	-0.14	0.3	0.18	-0.4	0.18	-0.31	-0.43	-0.35	-0.41	-0.42
Cash	0.76	0.26	0.76	0.62	-0.99	-0.41		0.62	0.94	-0.41	0.69	0.45	0.93	0.71	-0.41	0.35	0.7	-0.53	-0.16	0.72	-0.16	0.25	0.75	0.69	0.83	0.73
Non Current Assets Total	0.98	0.37	0.98	1.0	-0.61	-0.07	0.62		0.4	-0.21	0.86	0.46	0.38	0.51	-0.23	0.56	0.23	-0.6	-0.57	0.51	-0.57	-0.34	0.9	0.64	0.56	0.91
Cash And Short Term Investments	0.59	0.22	0.58	0.41	-0.93	-0.49	0.94	0.4		-0.37	0.57	0.38	0.99	0.65	-0.39	0.21	0.81	-0.49	-0.04	0.63	-0.04	0.57	0.62	0.68	0.88	0.58
Net Receivables	-0.27	0.2	-0.28	-0.22	0.41	0.45	-0.41	-0.21	-0.37		-0.37	0.11	-0.37	-0.44	0.97	0.04	-0.2	-0.24	0.21	-0.31	0.21	-0.03	-0.35	-0.03	-0.31	-0.34
Common Stock Shares Outstanding	0.89	0.04	0.9	0.87	-0.68	-0.49	0.69	0.86	0.57	-0.37		0.17	0.56	0.76	-0.38	0.26	0.32	-0.69	-0.69	0.57	-0.69	-0.08	0.99	0.72	0.72	0.98
Total Liab	0.5	0.96	0.48	0.46	-0.44	0.55	0.45	0.46	0.38	0.11	0.17		0.39	-0.11	0.1	0.75	0.64	-0.26	0.02	0.32	0.02	0.08	0.25	0.39	0.47	0.22
Total Current Assets	0.57	0.21	0.57	0.39	-0.93	-0.49	0.93	0.38	0.99	-0.37	0.56	0.39		0.64	-0.38	0.2	0.81	-0.47	-0.04	0.67	-0.04	0.57	0.6	0.68	0.87	0.57
Common Stock	0.59	-0.3	0.6	0.51	-0.65	-0.75	0.71	0.51	0.65	-0.44	0.76	-0.11	0.64		-0.46	0.1	0.26	-0.51	-0.21	0.61	-0.21	0.13	0.74	0.72	0.69	0.73
Non Currrent Assets Other	-0.29	0.18	-0.3	-0.23	0.41	0.46	-0.41	-0.23	-0.39	0.97	-0.38	0.1	-0.38	-0.46		0.07	-0.22	-0.18	0.21	-0.27	0.21	-0.07	-0.37	-0.04	-0.35	-0.36
Other Current Liab	0.54	0.68	0.52	0.55	-0.32	0.43	0.35	0.56	0.21	0.04	0.26	0.75	0.2	0.1	0.07		0.25	-0.37	-0.02	0.38	-0.02	-0.19	0.32	0.47	0.36	0.32
Accounts Payable	0.39	0.55	0.38	0.23	-0.71	-0.14	0.7	0.23	0.81	-0.2	0.32	0.64	0.81	0.26	-0.22	0.25		-0.35	0.02	0.43	0.02	0.63	0.35	0.5	0.82	0.29
Other Stockholder Equity	-0.64	-0.17	-0.64	-0.6	0.52	0.3	-0.53	-0.6	-0.49	-0.24	-0.69	-0.26	-0.47	-0.51	-0.18	-0.37	-0.35		0.37	-0.41	0.37	-0.1	-0.69	-0.68	-0.66	-0.69
Short Long Term Debt Total	-0.52	0.03	-0.53	-0.57	0.17	0.18	-0.16	-0.57	-0.04	0.21	-0.69	0.02	-0.04	-0.21	0.21	-0.02	0.02	0.37		-0.19	1.0	0.32	-0.65	-0.2	-0.2	-0.66
Non Current Liabilities Total	0.6	0.06	0.6	0.51	-0.71	-0.4	0.72	0.51	0.63	-0.31	0.57	0.32	0.67	0.61	-0.27	0.38	0.43	-0.41	-0.19		-0.19	0.03	0.58	0.66	0.58	0.57
Short Term Debt	-0.52	0.03	-0.53	-0.57	0.17	0.18	-0.16	-0.57	-0.04	0.21	-0.69	0.02	-0.04	-0.21	0.21	-0.02	0.02	0.37	1.0	-0.19		0.32	-0.65	-0.2	-0.2	-0.66
Short Term Investments	-0.17	0.06	-0.17	-0.33	-0.26	-0.31	0.25	-0.34	0.57	-0.03	-0.08	0.08	0.57	0.13	-0.07	-0.19	0.63	-0.1	0.32	0.03	0.32		-0.08	0.27	0.48	-0.13
Net Tangible Assets	0.94	0.12	0.94	0.9	-0.74	-0.43	0.75	0.9	0.62	-0.35	0.99	0.25	0.6	0.74	-0.37	0.32	0.35	-0.69	-0.65	0.58	-0.65	-0.08		0.74	0.73	1.0
Other Assets	0.72	0.22	0.72	0.65	-0.65	-0.35	0.69	0.64	0.68	-0.03	0.72	0.39	0.68	0.72	-0.04	0.47	0.5	-0.68	-0.2	0.66	-0.2	0.27	0.74		0.79	0.73
Other Current Assets	0.7	0.33	0.69	0.56	-0.82	-0.41	0.83	0.56	0.88	-0.31	0.72	0.47	0.87	0.69	-0.35	0.36	0.82	-0.66	-0.2	0.58	-0.2	0.48	0.73	0.79		0.69
Property Plant Equipment	0.94	0.1	0.94	0.91	-0.72	-0.42	0.73	0.91	0.58	-0.34	0.98	0.22	0.57	0.73	-0.36	0.32	0.29	-0.69	-0.66	0.57	-0.66	-0.13	1.0	0.73	0.69

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CANEX Metals Account Relationship Matchups

CANEX Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5M	3.9M	5.8M	5.9M	5.3M	5.6M
Total Current Liabilities	98.1K	186.4K	93.2K	59.9K	68.8K	72.1K
Total Stockholder Equity	2.4M	3.6M	5.6M	5.8M	5.2M	5.5M
Property Plant And Equipment Net	1.4M	2.0M	4.0M	5.1M	4.6M	4.8M
Net Debt	(449.0K)	(1.2M)	(1.5M)	(695.9K)	(626.3K)	(657.6K)
Retained Earnings	(15.4M)	(16.3M)	(17.0M)	(17.6M)	(15.8M)	(16.6M)
Cash	449.0K	1.2M	1.5M	695.9K	800.3K	554.2K
Non Current Assets Total	1.4M	2.0M	4.0M	5.1M	4.6M	4.8M
Cash And Short Term Investments	1.0M	1.8M	1.8M	785.8K	903.6K	696.7K
Net Receivables	11.9K	5.2K	6.3K	6.2K	5.6K	5.3K
Common Stock Shares Outstanding	47.5M	68.2M	80.6M	100.3M	115.4M	121.2M
Liabilities And Stockholders Equity	2.5M	3.9M	5.8M	5.9M	5.3M	5.6M
Total Liab	131.4K	233.7K	145.1K	98.2K	113.0K	89.8K
Total Current Assets	1.0M	1.9M	1.8M	828.1K	952.3K	758.1K
Common Stock	15.7M	17.8M	20.4M	21.1M	24.3M	14.3M
Other Current Liab	58.6K	45.7K	48.1K	51.0K	58.6K	34.4K
Accounts Payable	39.5K	140.7K	45.1K	8.9K	10.2K	20.3K
Other Stockholder Equity	2.1M	2.1M	2.2M	345.9K	311.3K	295.7K
Accumulated Other Comprehensive Income	2.1M	2.1M	2.2M	1.9M	2.2M	1.3M
Non Current Liabilities Total	33.3K	47.3K	51.9K	38.4K	44.1K	33.0K
Short Term Investments	551.3K	619.7K	309.8K	89.8K	103.3K	98.2K
Net Tangible Assets	1.0M	2.4M	3.6M	5.6M	6.5M	6.8M
Other Current Assets	36.8K	70.4K	36.2K	36.1K	41.5K	23.6K
Property Plant Equipment	510.3K	1.4M	2.0M	4.0M	4.5M	4.8M
Other Liab	27K	33.3K	47.3K	51.9K	59.7K	34.7K
Net Invested Capital	2.4M	3.6M	5.6M	5.8M	6.7M	7.0M
Net Working Capital	950.9K	1.7M	1.7M	768.2K	883.4K	1.0M
Capital Stock	15.7M	17.8M	20.4M	21.1M	24.3M	18.9M

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