Canuc Property Plant And Equipment Net vs Net Working Capital 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 Property Plant And Equipment Net and its Net Working Capital 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.

Property Plant And Equipment Net vs Net Working Capital

Property Plant And Equipment Net vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canuc Resources Corp Property Plant And Equipment Net account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Canuc Resources' Property Plant And Equipment Net and Net Working Capital is -0.63. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Working Capital 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' Property Plant And Equipment Net and Net Working Capital 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 Canuc Resources Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant And Equipment Net i.e., Canuc Resources' Property Plant And Equipment Net and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Net Working Capital

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

	Total Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Total Current Assets	Common Stock	Total Stockholder Equity	Net Tangible Assets	Other Current Assets	Other Stockholder Equity	Short Long Term Debt	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Property Plant Equipment	Capital Stock	Other Liab	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		0.67	0.16	-0.09	0.42	0.88	0.82	0.22	0.93	0.02	0.8	-0.05	-0.44	0.65	-0.48	-0.48	-0.52	0.67	0.61	0.56	0.76	-0.54	0.59	0.52	-0.56	-0.55
Other Current Liab	0.67		0.21	0.18	0.49	0.77	0.72	0.31	0.81	-0.28	0.58	-0.25	-0.54	0.84	-0.62	-0.62	-0.9	0.8	0.88	0.24	0.64	-0.95	0.84	0.71	-0.8	-0.79
Total Current Liabilities	0.16	0.21		0.16	0.85	0.34	-0.21	0.99	0.16	-0.16	-0.34	-0.23	-0.44	0.17	-0.48	-0.48	-0.04	0.38	0.1	-0.62	-0.38	-0.27	-0.02	0.0	-0.05	-0.05
Retained Earnings	-0.09	0.18	0.16		0.18	0.21	0.04	0.15	0.16	-0.99	0.05	-0.15	-0.27	0.11	0.1	0.1	-0.07	0.37	0.15	-0.12	0.01	-0.22	0.09	0.06	-0.08	-0.07
Accounts Payable	0.42	0.49	0.85	0.18		0.58	0.22	0.85	0.48	-0.24	0.04	-0.4	-0.54	0.55	-0.71	-0.71	-0.33	0.7	0.48	-0.31	0.01	-0.5	0.37	0.4	-0.39	-0.39
Cash	0.88	0.77	0.34	0.21	0.58		0.71	0.38	0.97	-0.29	0.73	-0.17	-0.45	0.76	-0.55	-0.55	-0.65	0.75	0.71	0.42	0.71	-0.69	0.68	0.61	-0.69	-0.67
Net Receivables	0.82	0.72	-0.21	0.04	0.22	0.71		-0.14	0.87	-0.13	0.92	-0.07	-0.33	0.7	-0.42	-0.42	-0.6	0.67	0.7	0.73	0.92	-0.56	0.69	0.6	-0.61	-0.6
Total Liab	0.22	0.31	0.99	0.15	0.85	0.38	-0.14		0.22	-0.17	-0.3	-0.25	-0.47	0.21	-0.5	-0.5	-0.13	0.44	0.16	-0.61	-0.32	-0.38	0.04	0.04	-0.09	-0.09
Total Current Assets	0.93	0.81	0.16	0.16	0.48	0.97	0.87	0.22		-0.25	0.86	-0.15	-0.44	0.79	-0.54	-0.54	-0.68	0.77	0.76	0.57	0.84	-0.69	0.73	0.65	-0.71	-0.7
Common Stock	0.02	-0.28	-0.16	-0.99	-0.24	-0.29	-0.13	-0.17	-0.25		-0.12	0.21	0.32	-0.22	-0.03	-0.03	0.18	-0.46	-0.27	0.08	-0.09	0.32	-0.21	-0.18	0.19	0.19
Total Stockholder Equity	0.8	0.58	-0.34	0.05	0.04	0.73	0.92	-0.3	0.86	-0.12		0.08	-0.19	0.62	-0.31	-0.31	-0.51	0.53	0.6	0.88	0.97	-0.41	0.64	0.56	-0.58	-0.57
Net Tangible Assets	-0.05	-0.25	-0.23	-0.15	-0.4	-0.17	-0.07	-0.25	-0.15	0.21	0.08		0.12	-0.44	0.01	0.01	0.5	-0.27	-0.4	0.24	0.02	0.37	-0.41	-0.54	0.52	0.54
Other Current Assets	-0.44	-0.54	-0.44	-0.27	-0.54	-0.45	-0.33	-0.47	-0.44	0.32	-0.19	0.12		-0.5	0.34	0.34	0.35	-0.61	-0.43	0.03	-0.22	0.48	-0.38	-0.33	0.37	0.37
Other Stockholder Equity	0.65	0.84	0.17	0.11	0.55	0.76	0.7	0.21	0.79	-0.22	0.62	-0.44	-0.5		-0.61	-0.61	-0.87	0.78	0.91	0.32	0.65	-0.77	0.93	0.89	-0.96	-0.96
Short Long Term Debt	-0.48	-0.62	-0.48	0.1	-0.71	-0.55	-0.42	-0.5	-0.54	-0.03	-0.31	0.01	0.34	-0.61		1.0	0.42	-0.72	-0.51	0.03	-0.26	0.57	-0.45	-0.39	0.44	0.44
Short Term Debt	-0.48	-0.62	-0.48	0.1	-0.71	-0.55	-0.42	-0.5	-0.54	-0.03	-0.31	0.01	0.34	-0.61	1.0		0.42	-0.72	-0.51	0.03	-0.26	0.57	-0.45	-0.39	0.44	0.44
Non Current Assets Total	-0.52	-0.9	-0.04	-0.07	-0.33	-0.65	-0.6	-0.13	-0.68	0.18	-0.51	0.5	0.35	-0.87	0.42	0.42		-0.61	-0.89	-0.25	-0.61	0.9	-0.91	-0.85	0.93	0.92
Non Currrent Assets Other	0.67	0.8	0.38	0.37	0.7	0.75	0.67	0.44	0.77	-0.46	0.53	-0.27	-0.61	0.78	-0.72	-0.72	-0.61		0.79	0.12	0.48	-0.78	0.72	0.66	-0.66	-0.65
Common Stock Shares Outstanding	0.61	0.88	0.1	0.15	0.48	0.71	0.7	0.16	0.76	-0.27	0.6	-0.4	-0.43	0.91	-0.51	-0.51	-0.89	0.79		0.3	0.65	-0.87	0.98	0.94	-0.91	-0.9
Net Invested Capital	0.56	0.24	-0.62	-0.12	-0.31	0.42	0.73	-0.61	0.57	0.08	0.88	0.24	0.03	0.32	0.03	0.03	-0.25	0.12	0.3		0.89	-0.05	0.38	0.33	-0.32	-0.31
Net Working Capital	0.76	0.64	-0.38	0.01	0.01	0.71	0.92	-0.32	0.84	-0.09	0.97	0.02	-0.22	0.65	-0.26	-0.26	-0.61	0.48	0.65	0.89		-0.48	0.69	0.6	-0.63	-0.62
Property Plant Equipment	-0.54	-0.95	-0.27	-0.22	-0.5	-0.69	-0.56	-0.38	-0.69	0.32	-0.41	0.37	0.48	-0.77	0.57	0.57	0.9	-0.78	-0.87	-0.05	-0.48		-0.82	-0.72	0.77	0.75
Capital Stock	0.59	0.84	-0.02	0.09	0.37	0.68	0.69	0.04	0.73	-0.21	0.64	-0.41	-0.38	0.93	-0.45	-0.45	-0.91	0.72	0.98	0.38	0.69	-0.82		0.97	-0.96	-0.95
Other Liab	0.52	0.71	0.0	0.06	0.4	0.61	0.6	0.04	0.65	-0.18	0.56	-0.54	-0.33	0.89	-0.39	-0.39	-0.85	0.66	0.94	0.33	0.6	-0.72	0.97		-0.93	-0.93
Property Plant And Equipment Net	-0.56	-0.8	-0.05	-0.08	-0.39	-0.69	-0.61	-0.09	-0.71	0.19	-0.58	0.52	0.37	-0.96	0.44	0.44	0.93	-0.66	-0.91	-0.32	-0.63	0.77	-0.96	-0.93		1.0
Capital Lease Obligations	-0.55	-0.79	-0.05	-0.07	-0.39	-0.67	-0.6	-0.09	-0.7	0.19	-0.57	0.54	0.37	-0.96	0.44	0.44	0.92	-0.65	-0.9	-0.31	-0.62	0.75	-0.95	-0.93	1.0

Click cells to compare fundamentals

Canuc Resources Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Canuc Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC