Caledonia Property Plant Equipment vs Total Current Assets Analysis

CMCL Stock   850.00  5.00  0.58%   
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 Equipment and its Total Current Assets 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 Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caledonia Mining Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Caledonia Mining's Property Plant Equipment and Total Current Assets is 0.68. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets 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 Equipment and Total Current Assets 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 Equipment of Caledonia Mining are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Caledonia Mining's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

0.991.00.730.47-0.331.00.910.95-0.330.840.940.340.860.980.870.920.950.680.940.950.430.670.20.320.85
0.990.990.70.5-0.30.990.90.93-0.30.830.940.310.790.980.880.890.920.660.910.950.410.650.210.230.84
1.00.990.780.49-0.41.00.910.95-0.40.830.940.360.860.980.830.920.950.680.940.930.410.70.180.350.87
0.730.70.780.56-0.830.780.620.72-0.830.470.790.320.730.740.310.650.80.560.780.540.050.89-0.140.480.86
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
-0.33-0.3-0.4-0.83-0.6-0.4-0.35-0.391.00.01-0.37-0.38-0.34-0.40.17-0.3-0.39-0.18-0.44-0.190.27-0.620.07-0.36-0.46
1.00.991.00.780.51-0.40.910.95-0.40.820.950.360.860.980.820.920.950.680.940.930.40.70.180.350.87
0.910.90.910.620.54-0.350.910.93-0.350.710.790.520.750.920.780.880.790.440.830.940.380.490.420.330.65
0.950.930.950.720.53-0.390.950.93-0.390.750.860.410.830.970.80.950.910.530.930.930.360.630.210.370.79
-0.33-0.3-0.4-0.83-0.61.0-0.4-0.35-0.390.01-0.37-0.38-0.34-0.40.17-0.3-0.39-0.18-0.44-0.190.27-0.620.07-0.36-0.46
0.840.830.830.47-0.060.010.820.710.750.010.780.430.820.790.870.770.820.730.830.80.760.350.080.240.7
0.940.940.940.790.48-0.370.950.790.86-0.370.780.210.810.890.780.80.910.690.870.820.320.810.030.350.91
0.340.310.360.32-0.04-0.380.360.520.41-0.380.430.210.380.370.190.330.260.230.410.40.46-0.070.270.240.11
0.860.790.860.730.17-0.340.860.750.83-0.340.820.810.380.820.690.890.910.720.90.740.480.630.030.690.8
0.980.980.980.740.53-0.40.980.920.97-0.40.790.890.370.820.820.940.940.630.950.960.390.650.20.280.83
0.870.880.830.310.20.170.820.780.80.170.870.780.190.690.820.810.760.570.760.910.590.330.280.120.62
0.920.890.920.650.41-0.30.920.880.95-0.30.770.80.330.890.940.810.920.550.930.910.420.560.20.420.77
0.950.920.950.80.4-0.390.950.790.91-0.390.820.910.260.910.940.760.920.740.940.840.40.75-0.070.380.94
0.680.660.680.560.01-0.180.680.440.53-0.180.730.690.230.720.630.570.550.740.650.530.460.51-0.150.30.69
0.940.910.940.780.36-0.440.940.830.93-0.440.830.870.410.90.950.760.930.940.650.880.460.620.160.420.82
0.950.950.930.540.46-0.190.930.940.93-0.190.80.820.40.740.960.910.910.840.530.880.470.440.380.190.67
0.430.410.410.05-0.420.270.40.380.360.270.760.320.460.480.390.590.420.40.460.460.47-0.130.140.070.25
0.670.650.70.890.64-0.620.70.490.63-0.620.350.81-0.070.630.650.330.560.750.510.620.44-0.13-0.270.430.89
0.20.210.18-0.140.220.070.180.420.210.070.080.030.270.030.20.280.2-0.07-0.150.160.380.14-0.270.08-0.28
0.320.230.350.480.06-0.360.350.330.37-0.360.240.350.240.690.280.120.420.380.30.420.190.070.430.080.33
0.850.840.870.860.43-0.460.870.650.79-0.460.70.910.110.80.830.620.770.940.690.820.670.250.89-0.280.33
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)7.9M18.4M19.3M
Retained Earnings(88.4M)(71.5M)(59.2M)(50.2M)(63.2M)(66.3M)
Cash9.4M19.1M17.2M4.7M6.7M8.0M
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 Investments9.4M19.1M17.2M4.7M6.7M8.0M
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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