Canuc Capital Lease Obligations vs Short Long Term Debt Analysis
CDA Stock | CAD 0.07 0.00 0.00% |
Canuc Resources financial indicator trend analysis is way more than just evaluating Canuc Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canuc Resources Corp is a good investment. Please check the relationship between Canuc Resources Capital Lease Obligations and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canuc 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.
Capital Lease Obligations vs Short Long Term Debt
Capital Lease Obligations vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canuc Resources Corp Capital Lease Obligations account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Canuc Resources' Capital Lease Obligations and Short Long Term Debt is 0.44. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Canuc Resources Corp, assuming nothing else is changed. The correlation between historical values of Canuc Resources' Capital Lease Obligations and Short Long Term 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 Capital Lease Obligations of Canuc Resources Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Capital Lease Obligations i.e., Canuc Resources' Capital Lease Obligations and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Lease Obligations
Canuc Resources Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Canuc Resources asset purchases. For example, Canuc Resources can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Canuc Resources control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Canuc Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canuc 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 Canuc 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 drop to about 489 K in 2024. Issuance Of Capital Stock is likely to drop to about 2.6 M in 2024
Canuc Resources fundamental ratios Correlations
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Canuc Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canuc Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 388.4K | 1.3M | 1.4M | 145.1K | 1.5M | 1.6M | |
Other Current Liab | 21.6K | 61.5K | 106.1K | 85.9K | 98.8K | 103.7K | |
Total Current Liabilities | 952.6K | 405.9K | 918.9K | 594.9K | 153.4K | 145.8K | |
Retained Earnings | (10.5M) | (12.7M) | (19.0M) | (20.8M) | (22.5M) | (23.6M) | |
Accounts Payable | 872.9K | 284.8K | 833.0K | 594.9K | 684.1K | 441.7K | |
Cash | 219.2K | 803.1K | 1.3M | 119.3K | 887.3K | 931.7K | |
Net Receivables | 46.0K | 387.5K | 126.7K | 25.8K | 647.3K | 679.6K | |
Total Liab | 1.1M | 554.0K | 980.5K | 667.5K | 230.7K | 219.1K | |
Total Current Assets | 265.2K | 1.2M | 1.4M | 145.1K | 1.5M | 1.6M | |
Total Stockholder Equity | (726.3K) | 740.3K | 451.5K | (522.3K) | 1.3M | 1.4M | |
Net Tangible Assets | (113.2K) | (726.3K) | 740.3K | (522.3K) | (470.1K) | (446.6K) | |
Other Stockholder Equity | 1.2M | 642.5K | 1.1M | 3.2M | 3.7M | 3.9M | |
Non Current Liabilities Total | 162.1K | 148.1K | 61.6K | 72.6K | 77.2K | 71.7K | |
Net Invested Capital | (721.3K) | 740.3K | 451.5K | (522.3K) | 1.3M | 1.4M | |
Net Working Capital | (687.3K) | 784.7K | 513.2K | (449.7K) | 1.4M | 1.5M |
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When running Canuc Resources' price analysis, check to measure Canuc 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 Canuc Resources is operating at the current time. Most of Canuc Resources' value examination focuses on studying past and present price action to predict the probability of Canuc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canuc Resources' price. Additionally, you may evaluate how the addition of Canuc Resources to your portfolios can decrease your overall portfolio volatility.