Cooper Cash And Short Term Investments vs Net Invested Capital Analysis
CPM Stock | 0.05 0 4.44% |
Cooper Metals financial indicator trend analysis is way more than just evaluating Cooper Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Metals is a good investment. Please check the relationship between Cooper Metals Cash And Short Term Investments and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cooper Metals. 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.
Cash And Short Term Investments vs Net Invested Capital
Cash And Short Term Investments vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Metals Cash And Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cooper Metals' Cash And Short Term Investments and Net Invested Capital is 0.72. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Cooper Metals, assuming nothing else is changed. The correlation between historical values of Cooper Metals' Cash And Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Cooper Metals are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Short Term Investments i.e., Cooper Metals' Cash And Short Term Investments and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cooper Metals balance sheet. This account contains Cooper Metals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cooper Metals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Cooper Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Metals 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 Cooper Metals. 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. Issuance Of Capital Stock is likely to gain to about 3.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 713.5 K in 2024.
2010 | 2023 | 2024 (projected) | Reconciled Depreciation | 5.9K | 39.2K | 22.0K | Cost Of Revenue | 5.9K | 5.4K | 4.8K |
Cooper Metals fundamental ratios Correlations
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Cooper Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Cooper Stock Analysis
When running Cooper Metals' price analysis, check to measure Cooper Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cooper Metals is operating at the current time. Most of Cooper Metals' value examination focuses on studying past and present price action to predict the probability of Cooper Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cooper Metals' price. Additionally, you may evaluate how the addition of Cooper Metals to your portfolios can decrease your overall portfolio volatility.