| CKG Stock | | | CAD 1.09 0.08 7.92% |
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 Total Assets and its Non Current Liabilities Total 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.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chesapeake Gold Corp Total Assets account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chesapeake Gold's Total Assets and Non Current Liabilities Total is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total 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 Assets of Chesapeake Gold Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Chesapeake Gold's Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Chesapeake Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chesapeake Gold Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Non Current Liabilities Total
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 2024, whereas
Selling General Administrative is likely to drop slightly above 3.1
M in 2024.
Chesapeake Gold fundamental ratios Correlations
Click cells to compare fundamentals
Chesapeake Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chesapeake Gold fundamental ratios Accounts
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Additional Tools for Chesapeake Stock Analysis
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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.