Caledonia Property Plant And Equipment Gross vs Total Current Liabilities Analysis

CMCL Stock   850.00  10.00  1.19%   
Caledonia Mining financial indicator trend analysis is way more than just evaluating Caledonia Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caledonia Mining is a good investment. Please check the relationship between Caledonia Mining Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caledonia Mining. 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.
For more information on how to buy Caledonia Stock please use our How to Invest in Caledonia Mining guide.

Property Plant And Equipment Gross vs Total Current Liabilities

Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caledonia Mining Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Caledonia Mining's Property Plant And Equipment Gross and Total Current Liabilities is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Caledonia Mining, assuming nothing else is changed. The correlation between historical values of Caledonia Mining's Property Plant And Equipment Gross and Total Current Liabilities 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 Gross of Caledonia Mining are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Gross i.e., Caledonia Mining's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Total Current Liabilities

Total Current Liabilities is an item on Caledonia Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Caledonia Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Caledonia Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caledonia Mining 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 Caledonia Mining. 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.
For more information on how to buy Caledonia Stock please use our How to Invest in Caledonia Mining guide.Selling General Administrative is likely to gain to about 19.5 M in 2024. Tax Provision is likely to gain to about 12.9 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit54.1M61.8M41.5M43.6M
Total Revenue121.3M142.1M146.3M153.6M

Caledonia Mining fundamental ratios Correlations

0.991.00.750.47-0.371.00.910.95-0.370.840.940.340.860.980.870.920.950.680.940.950.430.670.20.320.85
0.990.990.710.5-0.330.990.90.93-0.330.830.940.310.790.980.880.890.920.660.910.950.410.650.210.230.84
1.00.990.790.49-0.431.00.910.95-0.430.830.940.360.860.980.830.920.950.680.940.930.410.70.180.350.87
0.750.710.790.56-0.840.790.620.73-0.840.490.810.310.740.750.340.660.820.580.780.550.060.9-0.140.490.87
0.470.50.490.56-0.60.510.540.53-0.6-0.060.48-0.040.170.530.20.410.40.010.360.46-0.420.640.220.060.43
-0.37-0.33-0.43-0.84-0.6-0.44-0.37-0.421.0-0.03-0.41-0.38-0.37-0.430.13-0.32-0.43-0.22-0.47-0.220.22-0.660.08-0.38-0.49
1.00.991.00.790.51-0.440.910.95-0.440.820.950.360.860.980.820.920.950.680.940.930.40.70.180.350.87
0.910.90.910.620.54-0.370.910.93-0.370.710.790.520.750.920.780.880.790.440.830.940.380.490.420.330.65
0.950.930.950.730.53-0.420.950.93-0.420.750.860.410.830.970.80.950.910.530.930.930.360.630.210.370.79
-0.37-0.33-0.43-0.84-0.61.0-0.44-0.37-0.42-0.03-0.41-0.38-0.37-0.430.13-0.32-0.43-0.22-0.47-0.220.22-0.660.08-0.38-0.49
0.840.830.830.49-0.06-0.030.820.710.75-0.030.780.430.820.790.870.770.820.730.830.80.760.350.080.240.7
0.940.940.940.810.48-0.410.950.790.86-0.410.780.210.810.890.780.80.910.690.870.820.320.810.030.350.91
0.340.310.360.31-0.04-0.380.360.520.41-0.380.430.210.380.370.190.330.260.230.410.40.46-0.070.270.240.11
0.860.790.860.740.17-0.370.860.750.83-0.370.820.810.380.820.690.890.910.720.90.740.480.630.030.690.8
0.980.980.980.750.53-0.430.980.920.97-0.430.790.890.370.820.820.940.940.630.950.960.390.650.20.280.83
0.870.880.830.340.20.130.820.780.80.130.870.780.190.690.820.810.760.570.760.910.590.330.280.120.62
0.920.890.920.660.41-0.320.920.880.95-0.320.770.80.330.890.940.810.920.550.930.910.420.560.20.420.77
0.950.920.950.820.4-0.430.950.790.91-0.430.820.910.260.910.940.760.920.740.940.840.40.75-0.070.380.94
0.680.660.680.580.01-0.220.680.440.53-0.220.730.690.230.720.630.570.550.740.650.530.460.51-0.150.30.69
0.940.910.940.780.36-0.470.940.830.93-0.470.830.870.410.90.950.760.930.940.650.880.460.620.160.420.82
0.950.950.930.550.46-0.220.930.940.93-0.220.80.820.40.740.960.910.910.840.530.880.470.440.380.190.67
0.430.410.410.06-0.420.220.40.380.360.220.760.320.460.480.390.590.420.40.460.460.47-0.130.140.070.25
0.670.650.70.90.64-0.660.70.490.63-0.660.350.81-0.070.630.650.330.560.750.510.620.44-0.13-0.270.430.89
0.20.210.18-0.140.220.080.180.420.210.080.080.030.270.030.20.280.2-0.07-0.150.160.380.14-0.270.08-0.28
0.320.230.350.490.06-0.380.350.330.37-0.380.240.350.240.690.280.120.420.380.30.420.190.070.430.080.33
0.850.840.870.870.43-0.490.870.650.79-0.490.70.910.110.80.830.620.770.940.690.820.670.250.89-0.280.33
Click cells to compare fundamentals

Caledonia Mining Account Relationship Matchups

Caledonia Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets143.6M177.9M210.9M235.2M328.3M344.7M
Total Stockholder Equity108.4M141.5M161.3M171.1M239.7M251.7M
Property Plant And Equipment Net113.7M133.2M157.8M196.6M273.9M287.6M
Net Debt(6.1M)(18.4M)(15.8M)7.9M20.8M21.8M
Retained Earnings(88.4M)(71.5M)(59.2M)(50.2M)(63.2M)(66.3M)
Cash9.4M19.1M17.2M4.7M4.3M8.0M
Non Current Assets Total113.7M133.3M157.9M196.8M274.1M287.8M
Non Currrent Assets Other82.1M97.5M113.7M157.9M181.6M190.7M
Other Assets98K63K87K194K223.1K234.3K
Cash And Short Term Investments9.4M19.1M17.2M4.7M4.3M8.0M
Common Stock Shares Outstanding10.7M11.7M12.2M12.8M17.5M18.4M
Liabilities And Stockholders Equity143.6M177.9M210.9M235.2M328.3M344.7M
Other Current Assets4.4M4.8M6.9M6.1M18.6M19.5M
Total Liab18.8M19.9M30.3M41.7M64.1M67.3M
Property Plant And Equipment Gross113.7M133.2M203.8M251.4M273.9M287.6M
Total Current Assets29.8M44.6M52.9M38.4M54.2M56.9M
Accumulated Other Comprehensive Income(8.6M)(8.8M)(9.3M)(9.8M)(10.4M)(9.9M)
Other Current Liab5.7M7.1M12.6M15.1M15.4M16.2M
Total Current Liabilities9.9M10.0M17.7M32.4M40.1M42.1M
Accounts Payable2.8M1.9M2.5M3.5M6.2M6.5M
Net Receivables4.9M3.9M8.0M9.2M11.1M11.6M
Inventory11.1M16.8M20.8M18.3M20.3M21.3M
Short Long Term Debt Total3.3M647K1.4M12.7M25.1M26.3M
Non Current Liabilities Total9.0M9.9M12.6M9.3M24.0M25.2M
Common Stock56.1M74.7M82.7M83.5M165.1M90.2M
Other Liab28.7M7.0M9.7M12.3M11.1M12.3M
Net Tangible Assets70.5M108.4M141.5M161.3M185.5M194.8M
Property Plant Equipment97.4M113.7M133.2M157.8M181.4M93.7M
Net Invested Capital110.8M141.5M887K183.4M264.6M277.8M
Net Working Capital20.0M34.6M35.2M6.0M14.1M21.7M
Capital Stock56.1M74.7M82.7M83.5M165.1M94.8M

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