Collective Accounts Payable vs Total Current Assets Analysis

CNL Stock   3.45  0.05  1.43%   
Collective Mining financial indicator trend analysis is way more than just evaluating Collective Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Collective Mining is a good investment. Please check the relationship between Collective Mining Accounts Payable and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Collective 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 Collective Stock please use our How to buy in Collective Stock guide.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Collective Mining Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Collective Mining's Accounts Payable and Total Current Assets is -0.03. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Collective Mining, assuming nothing else is changed. The correlation between historical values of Collective Mining's Accounts Payable 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 Accounts Payable of Collective 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 Accounts Payable i.e., Collective Mining's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Collective Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Collective Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Collective Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Collective 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 Collective 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 Collective Stock please use our How to buy in Collective Stock guide.The value of Selling General Administrative is expected to slide to about 2.9 M. The value of Issuance Of Capital Stock is estimated to slide to about 12.4 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.2M16.4M19.4M18.4M
Cost Of Revenue6.6K8.8K22.4K21.3K

Collective Mining fundamental ratios Correlations

0.73-0.170.970.910.980.320.710.310.00.851.00.510.920.970.590.81-0.340.070.570.970.980.240.11-0.13-0.37
0.73-0.310.610.640.690.361.00.31-0.020.670.730.420.740.60.50.97-0.40.070.360.730.750.070.08-0.13-0.5
-0.17-0.310.020.08-0.21-0.98-0.32-0.060.23-0.02-0.170.32-0.2-0.24-0.2-0.380.130.240.4-0.28-0.150.12-0.650.10.63
0.970.610.020.890.960.140.590.32-0.050.830.970.510.840.940.510.7-0.380.220.580.930.950.370.05-0.23-0.2
0.910.640.080.890.870.060.620.410.030.860.910.760.890.840.490.68-0.30.060.80.790.910.25-0.30.02-0.16
0.980.69-0.210.960.870.350.680.42-0.170.770.980.440.90.980.530.8-0.480.120.450.960.980.350.18-0.18-0.37
0.320.36-0.980.140.060.350.370.06-0.170.170.32-0.230.320.380.320.46-0.1-0.2-0.290.430.29-0.120.66-0.15-0.66
0.711.0-0.320.590.620.680.370.31-0.030.640.710.40.730.590.490.97-0.410.060.330.710.730.080.09-0.12-0.5
0.310.31-0.060.320.410.420.060.31-0.380.10.290.520.40.290.30.42-0.620.28-0.050.230.470.29-0.18-0.22-0.2
0.0-0.020.23-0.050.03-0.17-0.17-0.03-0.380.240.00.330.05-0.130.56-0.040.79-0.180.290.03-0.03-0.75-0.180.22-0.07
0.850.67-0.020.830.860.770.170.640.10.240.860.640.710.750.530.67-0.090.260.760.80.820.02-0.17-0.25-0.18
1.00.73-0.170.970.910.980.320.710.290.00.860.50.920.970.590.81-0.330.070.580.970.980.240.11-0.12-0.37
0.510.420.320.510.760.44-0.230.40.520.330.640.50.580.350.540.43-0.020.130.720.360.58-0.07-0.680.05-0.03
0.920.74-0.20.840.890.90.320.730.40.050.710.920.580.870.640.82-0.26-0.220.540.880.930.170.030.19-0.48
0.970.6-0.240.940.840.980.380.590.29-0.130.750.970.350.870.50.72-0.390.060.460.960.940.320.24-0.14-0.33
0.590.5-0.20.510.490.530.320.490.30.560.530.590.540.640.50.620.2-0.020.20.650.63-0.40.16-0.05-0.58
0.810.97-0.380.70.680.80.460.970.42-0.040.670.810.430.820.720.62-0.430.070.290.830.840.080.19-0.16-0.6
-0.34-0.40.13-0.38-0.3-0.48-0.1-0.41-0.620.79-0.09-0.33-0.02-0.26-0.390.2-0.43-0.40.08-0.29-0.41-0.74-0.080.37-0.1
0.070.070.240.220.060.12-0.20.060.28-0.180.260.070.13-0.220.06-0.020.07-0.4-0.050.060.130.16-0.08-0.920.3
0.570.360.40.580.80.45-0.290.33-0.050.290.760.580.720.540.460.20.290.08-0.050.420.520.1-0.640.230.21
0.970.73-0.280.930.790.960.430.710.230.030.80.970.360.880.960.650.83-0.290.060.420.950.170.31-0.18-0.48
0.980.75-0.150.950.910.980.290.730.47-0.030.820.980.580.930.940.630.84-0.410.130.520.950.240.07-0.16-0.39
0.240.070.120.370.250.35-0.120.080.29-0.750.020.24-0.070.170.32-0.40.08-0.740.160.10.170.24-0.04-0.080.36
0.110.08-0.650.05-0.30.180.660.09-0.18-0.18-0.170.11-0.680.030.240.160.19-0.08-0.08-0.640.310.07-0.04-0.24-0.53
-0.13-0.130.1-0.230.02-0.18-0.15-0.12-0.220.22-0.25-0.120.050.19-0.14-0.05-0.160.37-0.920.23-0.18-0.16-0.08-0.24-0.04
-0.37-0.50.63-0.2-0.16-0.37-0.66-0.5-0.2-0.07-0.18-0.37-0.03-0.48-0.33-0.58-0.6-0.10.30.21-0.48-0.390.36-0.53-0.04
Click cells to compare fundamentals

Collective Mining Account Relationship Matchups

Collective Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5B2.3M17.3M10.1M17.0M16.1M
Short Long Term Debt Total70.5M226.3K121.7K76.6K119.7K113.7K
Other Current Liab240.6M218.2K1.6M3.1M4.1M4.3M
Total Current Liabilities511.3M346.2K1.6M3.2M4.2M4.0M
Total Stockholder Equity2.6B1.9M15.6M6.9M12.7M12.1M
Property Plant And Equipment Net4.6B165.8K343.7K493.6K656.2K623.4K
Net Debt(45.8M)(1.5M)(16.2M)(8.4M)(14.0M)(13.3M)
Cash116.3M1.7M16.3M8.5M14.2M13.5M
Non Current Assets Total6.8B173.4K565.8K1.3M2.5M2.3M
Non Currrent Assets Other502.1M549.9M222.1K802.4K1.8M1.7M
Cash And Short Term Investments422.9M1.7M16.3M8.5M14.2M13.5M
Net Receivables83.6M8.8K20.9K42.8K18.3K17.4K
Liabilities And Stockholders Equity7.5B2.3M17.3M10.1M17.0M16.1M
Non Current Liabilities Total710.1M98.3K65.9K45.1K86.8K82.4K
Other Current Assets12.7M438.0K370.5K297.5K328.8K345.2K
Other Stockholder Equity2.6B542.7K9.4M11.6M14.2M13.5M
Total Liab4.8B444.5K1.7M3.2M4.2M4.0M
Total Current Assets638.1M2.2M16.7M8.8M14.5M13.8M
Short Term Debt44.7M128.0K55.7K31.5K32.9K31.3K

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When determining whether Collective Mining is a strong investment it is important to analyze Collective Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Collective Mining's future performance. For an informed investment choice regarding Collective Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Collective 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 Collective Stock please use our How to buy in Collective Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Precious Metals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Collective Mining. If investors know Collective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Collective Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Collective Mining is measured differently than its book value, which is the value of Collective that is recorded on the company's balance sheet. Investors also form their own opinion of Collective Mining's value that differs from its market value or its book value, called intrinsic value, which is Collective Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Collective Mining's market value can be influenced by many factors that don't directly affect Collective Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Collective Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Collective Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Collective Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.