| CPL Stock | | | CAD 0.01 0.01 50.00% |
Copper Lake financial indicator trend analysis is way more than just evaluating Copper Lake Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copper Lake Resources is a good investment. Please check the relationship between Copper Lake Long Term Debt and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Copper Lake Resources. 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.
Long Term Debt vs Cash
Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Copper Lake Resources Long Term Debt account and
Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Copper Lake's Long Term Debt and Cash is 0.1. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Copper Lake Resources, assuming nothing else is changed. The correlation between historical values of Copper Lake's Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Copper Lake Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Copper Lake's Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | 0.1 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Copper Lake Resources has held for over one year. Long-term debt appears on Copper Lake Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Copper Lake Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Cash
Cash refers to the most liquid asset of Copper Lake Resources, which is listed under current asset account on Copper Lake Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Copper Lake customers. The amounts must be unrestricted with restricted cash listed in a different Copper Lake account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Copper Lake's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copper Lake Resources 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 Copper Lake Resources. 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, Copper Lake's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 5.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1
M in 2024.
Copper Lake fundamental ratios Correlations
Click cells to compare fundamentals
Copper Lake Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Copper Lake fundamental ratios Accounts
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Additional Tools for Copper Stock Analysis
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