Chesapeake Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

CKG Stock  CAD 1.04  0.07  7.22%   
Chesapeake Gold financial indicator trend analysis is way more than just evaluating Chesapeake Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chesapeake Gold Corp is a good investment. Please check the relationship between Chesapeake Gold Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Gold 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chesapeake Gold Corp Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chesapeake Gold's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.78. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Chesapeake Gold Corp, assuming nothing else is changed. The correlation between historical values of Chesapeake Gold's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Chesapeake Gold Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Chesapeake Gold's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.
Most indicators from Chesapeake Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chesapeake Gold 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 Chesapeake Gold 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.
At this time, Chesapeake Gold's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 329.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2025.
 2022 2023 2025 (projected)
Interest Expense4K2K1.7K
Depreciation And Amortization9K10K8.6K

Chesapeake Gold fundamental ratios Correlations

0.7-0.121.00.76-0.1-0.82-0.350.160.82-0.180.080.550.99-0.44-0.160.750.130.910.090.60.890.850.83-0.40.39
0.7-0.270.710.750.36-0.77-0.57-0.30.78-0.26-0.390.330.72-0.69-0.10.45-0.360.640.10.280.730.620.62-0.350.47
-0.12-0.27-0.18-0.070.350.040.91-0.38-0.040.94-0.260.18-0.070.580.860.48-0.260.06-0.140.32-0.21-0.18-0.180.06-0.21
1.00.71-0.180.75-0.12-0.81-0.40.170.82-0.230.080.510.98-0.48-0.210.70.130.890.120.550.90.850.84-0.390.41
0.760.75-0.070.750.22-0.82-0.37-0.090.97-0.15-0.130.780.78-0.6-0.030.73-0.090.77-0.230.540.790.750.71-0.690.31
-0.10.360.35-0.120.22-0.130.19-0.980.170.4-0.960.050.0-0.210.570.26-0.960.03-0.270.040.040.01-0.09-0.23-0.19
-0.82-0.770.04-0.81-0.82-0.130.360.07-0.830.20.11-0.45-0.850.340.17-0.750.07-0.910.05-0.78-0.61-0.52-0.510.29-0.46
-0.35-0.570.91-0.4-0.370.190.36-0.25-0.370.92-0.120.03-0.310.740.810.22-0.13-0.18-0.120.1-0.41-0.32-0.360.12-0.41
0.16-0.3-0.380.17-0.09-0.980.07-0.25-0.04-0.440.990.080.050.12-0.59-0.190.990.010.160.020.040.080.180.130.22
0.820.78-0.040.820.970.17-0.83-0.37-0.04-0.13-0.090.730.83-0.610.00.74-0.050.78-0.120.530.850.80.76-0.60.39
-0.18-0.260.94-0.23-0.150.40.20.92-0.44-0.13-0.340.15-0.130.50.930.37-0.33-0.06-0.080.09-0.16-0.12-0.110.02-0.23
0.08-0.39-0.260.08-0.13-0.960.11-0.120.99-0.09-0.340.09-0.030.26-0.51-0.171.0-0.030.10.06-0.07-0.020.080.170.16
0.550.330.180.510.780.05-0.450.030.080.730.150.090.55-0.280.230.70.140.58-0.40.390.610.660.59-0.81-0.14
0.990.72-0.070.980.780.0-0.85-0.310.050.83-0.13-0.030.55-0.43-0.110.80.030.940.050.640.870.840.79-0.420.36
-0.44-0.690.58-0.48-0.6-0.210.340.740.12-0.610.50.26-0.28-0.430.29-0.050.24-0.25-0.070.22-0.72-0.66-0.620.52-0.3
-0.16-0.10.86-0.21-0.030.570.170.81-0.590.00.93-0.510.23-0.110.290.36-0.5-0.06-0.06-0.01-0.06-0.02-0.1-0.19-0.33
0.750.450.480.70.730.26-0.750.22-0.190.740.37-0.170.70.8-0.050.36-0.120.86-0.280.810.60.60.54-0.450.1
0.13-0.36-0.260.13-0.09-0.960.07-0.130.99-0.05-0.331.00.140.030.24-0.5-0.120.020.090.09-0.020.030.130.120.16
0.910.640.060.890.770.03-0.91-0.180.010.78-0.06-0.030.580.94-0.25-0.060.860.02-0.110.780.710.670.62-0.420.26
0.090.1-0.140.12-0.23-0.270.05-0.120.16-0.12-0.080.1-0.40.05-0.07-0.06-0.280.09-0.11-0.250.090.020.060.220.3
0.60.280.320.550.540.04-0.780.10.020.530.090.060.390.640.22-0.010.810.090.78-0.250.240.220.19-0.080.18
0.890.73-0.210.90.790.04-0.61-0.410.040.85-0.16-0.070.610.87-0.72-0.060.6-0.020.710.090.240.980.94-0.590.34
0.850.62-0.180.850.750.01-0.52-0.320.080.8-0.12-0.020.660.84-0.66-0.020.60.030.670.020.220.980.92-0.640.22
0.830.62-0.180.840.71-0.09-0.51-0.360.180.76-0.110.080.590.79-0.62-0.10.540.130.620.060.190.940.92-0.460.44
-0.4-0.350.06-0.39-0.69-0.230.290.120.13-0.60.020.17-0.81-0.420.52-0.19-0.450.12-0.420.22-0.08-0.59-0.64-0.460.28
0.390.47-0.210.410.31-0.19-0.46-0.410.220.39-0.230.16-0.140.36-0.3-0.330.10.160.260.30.180.340.220.440.28
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Chesapeake Gold Account Relationship Matchups

Chesapeake Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets128.3M172.9M164.6M164.3M189.0M99.4M
Other Current Liab1.1M1.5M1.7M1.8M1.6M1.3M
Total Current Liabilities1.8M2.2M1.7M1.8M1.6M2.5M
Total Stockholder Equity117.5M160.5M151.0M149.0M171.4M87.0M
Property Plant And Equipment Net89.6M93.2M136.4M141.9M163.2M171.4M
Net Debt(33.5M)(31.1M)(25.7M)(19.8M)(17.8M)(18.7M)
Retained Earnings(95.7M)(102.8M)(112.0M)(117.7M)(105.9M)(100.6M)
Accounts Payable458.02.4K1.6K1.8K1.6K1.5K
Cash34.2M31.8M25.7M19.8M22.8M24.5M
Non Current Assets Total92.0M139.9M137.6M142.7M164.1M172.4M
Non Currrent Assets Other348.7K257K270K356K320.4K304.4K
Cash And Short Term Investments35.8M32.2M25.7M19.8M22.8M27.3M
Net Receivables312.6K419K822K1.1M1.2M1.3M
Common Stock Shares Outstanding46.9M52.9M66.7M67.4M77.5M44.3M
Short Term Investments1.5M336K0.0(464.5K)(418.1K)(397.2K)
Liabilities And Stockholders Equity128.3M172.9M164.6M164.3M189.0M99.4M
Other Stockholder Equity25.3M25.9M1.1M28.5M25.6M35.7M
Total Liab8.9M10.6M11.0M12.9M14.8M10.6M
Total Current Assets36.3M33.0M27.0M21.6M24.8M28.0M
Accumulated Other Comprehensive Income26.0M28.5M28.1M31.8M36.6M38.4M
Non Current Liabilities Total7.1M8.4M9.3M11.1M10.0M6.4M
Other Current Assets216K397K551K1.8K2.0K1.9K
Common Stock148.4M162.7M186.0M234.9M270.1M191.4M
Other Liab6.3M6.5M7.1M8.4M9.7M7.5M
Net Tangible Assets81.4M94.8M117.5M115.4M132.7M102.7M
Long Term Investments2.0M1.3M890K465K534.8K894.9K
Property Plant Equipment73.4M87.0M89.6M93.2M107.2M83.6M
Current Deferred Revenue(293.5K)(238.6)(458.0)(2.4K)(2.7K)(2.9K)
Net Invested Capital118.2M161.2M151.0M149.0M171.4M132.3M
Net Working Capital34.6M30.7M25.3M19.8M22.8M25.1M
Property Plant And Equipment Gross89.7M93.3M136.5M142.0M163.3M120.8M

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When running Chesapeake Gold's price analysis, check to measure Chesapeake Gold'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 Chesapeake Gold is operating at the current time. Most of Chesapeake Gold's value examination focuses on studying past and present price action to predict the probability of Chesapeake Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chesapeake Gold's price. Additionally, you may evaluate how the addition of Chesapeake Gold to your portfolios can decrease your overall portfolio volatility.