Collective Intangible Assets vs Other 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 Intangible Assets and its Other 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.
Intangible Assets vs Other Current Assets
Intangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Collective Mining Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Collective Mining's Intangible Assets and Other Current Assets is 0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other 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 Intangible Assets and Other 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 Intangible Assets of Collective Mining are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Intangible Assets i.e., Collective Mining's Intangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expenses | 10.2M | 16.4M | 19.4M | 18.4M | Cost Of Revenue | 6.6K | 8.8K | 22.4K | 21.3K |
Collective Mining fundamental ratios Correlations
Click cells to compare fundamentals
Collective Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Collective Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.5B | 2.3M | 17.3M | 10.1M | 17.0M | 16.1M | |
Short Long Term Debt Total | 70.5M | 226.3K | 121.7K | 76.6K | 119.7K | 113.7K | |
Other Current Liab | 240.6M | 218.2K | 1.6M | 3.1M | 4.1M | 4.3M | |
Total Current Liabilities | 511.3M | 346.2K | 1.6M | 3.2M | 4.2M | 4.0M | |
Total Stockholder Equity | 2.6B | 1.9M | 15.6M | 6.9M | 12.7M | 12.1M | |
Property Plant And Equipment Net | 4.6B | 165.8K | 343.7K | 493.6K | 656.2K | 623.4K | |
Net Debt | (45.8M) | (1.5M) | (16.2M) | (8.4M) | (14.0M) | (13.3M) | |
Cash | 116.3M | 1.7M | 16.3M | 8.5M | 14.2M | 13.5M | |
Non Current Assets Total | 6.8B | 173.4K | 565.8K | 1.3M | 2.5M | 2.3M | |
Non Currrent Assets Other | 502.1M | 549.9M | 222.1K | 802.4K | 1.8M | 1.7M | |
Cash And Short Term Investments | 422.9M | 1.7M | 16.3M | 8.5M | 14.2M | 13.5M | |
Net Receivables | 83.6M | 8.8K | 20.9K | 42.8K | 18.4K | 17.5K | |
Liabilities And Stockholders Equity | 7.5B | 2.3M | 17.3M | 10.1M | 17.0M | 16.1M | |
Non Current Liabilities Total | 710.1M | 98.3K | 65.9K | 45.1K | 86.8K | 82.4K | |
Other Current Assets | 12.7M | 438.0K | 370.5K | 297.5K | 328.8K | 345.2K | |
Other Stockholder Equity | 2.6B | 542.7K | 9.4M | 11.6M | 14.2M | 13.5M | |
Total Liab | 4.8B | 444.5K | 1.7M | 3.2M | 4.2M | 4.0M | |
Total Current Assets | 638.1M | 2.2M | 16.7M | 8.8M | 14.5M | 13.8M | |
Short Term Debt | 44.7M | 128.0K | 55.7K | 31.5K | 32.9K | 31.3K |
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Try AI Portfolio ArchitectCheck 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.