Canada Roe vs Earnings Yield Analysis

CNC Stock

CAD 0.96 0.03 3.03%

Canada Nickel financial indicator trend analysis is way more than just evaluating Canada Nickel prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Nickel is a good investment. Please check the relationship between Canada Nickel Roe and its Earnings Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canada Nickel. 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.

Roe vs Earnings Yield

Roe vs Earnings Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Nickel Roe account and Earnings Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Canada Nickel's Roe and Earnings Yield is 0.38. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Canada Nickel, assuming nothing else is changed. The correlation between historical values of Canada Nickel's Roe and Earnings Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Canada Nickel are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Roe i.e., Canada Nickel's Roe and Earnings Yield go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

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Roe

Earnings Yield

The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.

Most indicators from Canada Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Nickel 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 Canada Nickel. 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, Canada Nickel's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 197.3 M in 2025, despite the fact that Tax Provision is likely to grow to (1.9 M).

Canada Nickel fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Common Stock	Short Long Term Debt	Short Term Debt	Property Plant Equipment	Short Term Investments	Other Current Liab	Long Term Debt	Net Receivables	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding
Total Assets		0.98	1.0	0.72	0.96	-0.5	0.95	0.34	0.88	0.95	0.99	-0.71	0.78	0.98	0.89	0.82	0.96	0.31	0.19	-0.52	0.48	0.99	0.99	0.99	0.52	0.9
Total Current Liabilities	0.98		0.97	0.63	0.9	-0.57	0.89	0.18	0.85	0.91	1.0	-0.76	0.68	0.94	0.84	0.74	0.91	0.28	0.09	-0.46	0.4	0.99	0.99	0.99	0.5	0.9
Total Stockholder Equity	1.0	0.97		0.74	0.97	-0.48	0.95	0.37	0.88	0.96	0.98	-0.7	0.8	0.99	0.9	0.84	0.97	0.31	0.22	-0.54	0.5	0.99	0.98	0.99	0.52	0.89
Other Liab	0.72	0.63	0.74		0.81	0.22	0.76	0.77	0.64	0.69	0.63	-0.42	0.96	0.72	0.94	0.98	0.76	0.34	0.49	-0.73	0.84	0.64	0.65	0.64	0.16	0.55
Net Tangible Assets	0.96	0.9	0.97	0.81		-0.33	0.98	0.54	0.81	0.97	0.91	-0.6	0.87	0.98	0.91	0.88	1.0	0.32	0.43	-0.6	0.62	0.93	0.92	0.93	0.47	0.82
Retained Earnings	-0.5	-0.57	-0.48	0.22	-0.33		-0.38	0.48	-0.52	-0.49	-0.58	0.51	0.1	-0.5	-0.09	0.05	-0.4	-0.07	0.35	-0.13	0.32	-0.59	-0.57	-0.59	-0.47	-0.55
Accounts Payable	0.95	0.89	0.95	0.76	0.98	-0.38		0.44	0.8	0.96	0.9	-0.59	0.8	0.96	0.87	0.83	0.99	0.29	0.48	-0.55	0.65	0.93	0.93	0.93	0.37	0.81
Cash	0.34	0.18	0.37	0.77	0.54	0.48	0.44		0.25	0.4	0.2	0.02	0.83	0.41	0.6	0.72	0.48	0.22	0.55	-0.58	0.57	0.24	0.19	0.24	0.27	0.2
Other Current Assets	0.88	0.85	0.88	0.64	0.81	-0.52	0.8	0.25		0.82	0.86	-0.66	0.68	0.89	0.83	0.76	0.81	0.4	0.01	-0.54	0.47	0.88	0.88	0.88	0.38	0.81
Other Stockholder Equity	0.95	0.91	0.96	0.69	0.97	-0.49	0.96	0.4	0.82		0.92	-0.62	0.76	0.98	0.83	0.78	0.98	0.33	0.37	-0.53	0.51	0.94	0.92	0.94	0.5	0.82
Total Liab	0.99	1.0	0.98	0.63	0.91	-0.58	0.9	0.2	0.86	0.92		-0.76	0.69	0.95	0.84	0.74	0.92	0.29	0.09	-0.46	0.4	0.99	0.99	0.99	0.52	0.9
Deferred Long Term Liab	-0.71	-0.76	-0.7	-0.42	-0.6	0.51	-0.59	0.02	-0.66	-0.62	-0.76		-0.44	-0.65	-0.6	-0.5	-0.6	-0.25	0.12	0.28	-0.24	-0.73	-0.72	-0.73	-0.22	-0.48
Total Current Assets	0.78	0.68	0.8	0.96	0.87	0.1	0.8	0.83	0.68	0.76	0.69	-0.44		0.8	0.94	0.97	0.83	0.35	0.44	-0.71	0.71	0.71	0.69	0.71	0.38	0.62
Common Stock	0.98	0.94	0.99	0.72	0.98	-0.5	0.96	0.41	0.89	0.98	0.95	-0.65	0.8		0.88	0.82	0.98	0.34	0.28	-0.55	0.51	0.97	0.95	0.97	0.53	0.87
Short Long Term Debt	0.89	0.84	0.9	0.94	0.91	-0.09	0.87	0.6	0.83	0.83	0.84	-0.6	0.94	0.88		0.98	0.88	0.37	0.32	-0.7	0.73	0.84	0.85	0.84	0.32	0.75
Short Term Debt	0.82	0.74	0.84	0.98	0.88	0.05	0.83	0.72	0.76	0.78	0.74	-0.5	0.97	0.82	0.98		0.84	0.37	0.42	-0.74	0.8	0.75	0.75	0.75	0.26	0.66
Property Plant Equipment	0.96	0.91	0.97	0.76	1.0	-0.4	0.99	0.48	0.81	0.98	0.92	-0.6	0.83	0.98	0.88	0.84		0.31	0.42	-0.56	0.58	0.94	0.93	0.94	0.48	0.83
Short Term Investments	0.31	0.28	0.31	0.34	0.32	-0.07	0.29	0.22	0.4	0.33	0.29	-0.25	0.35	0.34	0.37	0.37	0.31		0.14	-0.37	0.29	0.28	0.29	0.28	0.07	0.22
Other Current Liab	0.19	0.09	0.22	0.49	0.43	0.35	0.48	0.55	0.01	0.37	0.09	0.12	0.44	0.28	0.32	0.42	0.42	0.14		-0.38	0.73	0.13	0.15	0.13	-0.24	0.03
Long Term Debt	-0.52	-0.46	-0.54	-0.73	-0.6	-0.13	-0.55	-0.58	-0.54	-0.53	-0.46	0.28	-0.71	-0.55	-0.7	-0.74	-0.56	-0.37	-0.38		-0.63	-0.46	-0.47	-0.46	-0.12	-0.41
Net Receivables	0.48	0.4	0.5	0.84	0.62	0.32	0.65	0.57	0.47	0.51	0.4	-0.24	0.71	0.51	0.73	0.8	0.58	0.29	0.73	-0.63		0.4	0.46	0.4	-0.32	0.3
Property Plant And Equipment Net	0.99	0.99	0.99	0.64	0.93	-0.59	0.93	0.24	0.88	0.94	0.99	-0.73	0.71	0.97	0.84	0.75	0.94	0.28	0.13	-0.46	0.4		0.99	1.0	0.54	0.9
Net Debt	0.99	0.99	0.98	0.65	0.92	-0.57	0.93	0.19	0.88	0.92	0.99	-0.72	0.69	0.95	0.85	0.75	0.93	0.29	0.15	-0.47	0.46	0.99		0.99	0.46	0.9
Non Current Assets Total	0.99	0.99	0.99	0.64	0.93	-0.59	0.93	0.24	0.88	0.94	0.99	-0.73	0.71	0.97	0.84	0.75	0.94	0.28	0.13	-0.46	0.4	1.0	0.99		0.54	0.9
Cash And Short Term Investments	0.52	0.5	0.52	0.16	0.47	-0.47	0.37	0.27	0.38	0.5	0.52	-0.22	0.38	0.53	0.32	0.26	0.48	0.07	-0.24	-0.12	-0.32	0.54	0.46	0.54		0.65
Common Stock Shares Outstanding	0.9	0.9	0.89	0.55	0.82	-0.55	0.81	0.2	0.81	0.82	0.9	-0.48	0.62	0.87	0.75	0.66	0.83	0.22	0.03	-0.41	0.3	0.9	0.9	0.9	0.65

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Canada Nickel Account Relationship Matchups

Canada Nickel fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	55.3M	144.3M	183.1M	264.6M	304.2M	319.4M
Total Current Liabilities	8.0M	24.2M	21.2M	55.6M	63.9M	67.1M
Total Stockholder Equity	47.3M	118.8M	156.0M	205.4M	236.2M	248.0M
Retained Earnings	(9.5M)	(15.0M)	(29.2M)	(32.4M)	(37.3M)	(39.2M)
Cash	3.3M	13.0M	14.4M	4.7M	5.4M	4.5M
Total Liab	8.0M	25.5M	27.0M	59.2M	68.1M	71.5M
Total Current Assets	7.4M	15.0M	16.8M	13.9M	16.0M	16.8M
Other Current Liab	8.0M	10.9M	4.5M	961.0K	1.1M	1.0M
Net Receivables	3.7M	1.9M	1.6M	1.3M	1.4M	1.8M
Property Plant And Equipment Net	47.8M	129.3M	166.3M	250.7M	288.3M	302.7M
Net Debt	(3.3M)	282.0K	2.4M	16.8M	19.3M	20.3M
Non Current Assets Total	47.8M	129.3M	166.3M	250.7M	288.3M	302.7M
Common Stock Shares Outstanding	83.9M	103.7M	131.2M	181.2M	208.4M	127.6M
Net Invested Capital	47.3M	132.1M	172.9M	226.8M	260.9M	134.3M
Capital Stock	51.0M	122.1M	169.9M	218.5M	251.2M	130.3M
Net Working Capital	(533.5K)	(9.2M)	(4.4M)	(41.7M)	(37.5M)	(35.7M)

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Canada Roe vs Earnings Yield Analysis

Roe vs Earnings Yield

Roe vs Earnings Yield Correlation Analysis

Correlation Coefficient

Roe

Earnings Yield

Canada Nickel fundamental ratios Correlations

Canada Nickel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canada Nickel fundamental ratios Accounts

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Additional Tools for Canada Stock Analysis

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Deferred Long Term Liab	- 0.76	Total Liab
Deferred Long Term Liab	- 0.76	Total Current Liabilities
Long Term Debt	- 0.74	Short Term Debt
Non Current Assets Total	- 0.73	Deferred Long Term Liab
Property Plant And Equipment Net	- 0.73	Deferred Long Term Liab
Long Term Debt	- 0.73	Other Liab