Conquest Cash vs Other Stockholder Equity Analysis

CQR Stock  CAD 0.02  0.01  33.33%   
Conquest Resources financial indicator trend analysis is way more than just evaluating Conquest Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conquest Resources is a good investment. Please check the relationship between Conquest Resources Cash and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conquest 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.

Cash vs Other Stockholder Equity

Cash vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conquest Resources Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Conquest Resources' Cash and Other Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Conquest Resources, assuming nothing else is changed. The correlation between historical values of Conquest Resources' Cash and Other Stockholder Equity 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 of Conquest Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Conquest Resources' Cash and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Conquest Resources, which is listed under current asset account on Conquest Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Conquest Resources customers. The amounts must be unrestricted with restricted cash listed in a different Conquest Resources 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.

Other Stockholder Equity

Most indicators from Conquest Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conquest 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 Conquest 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.
Selling General Administrative is likely to climb to about 378 K in 2024

Conquest Resources fundamental ratios Correlations

-0.021.00.180.990.6-0.120.05-0.18-0.120.970.05-0.160.93-0.42-0.16-0.180.090.05-0.160.18
-0.02-0.030.23-0.05-0.320.790.820.420.20.070.790.37-0.310.150.390.030.750.730.350.23
1.0-0.030.171.00.59-0.130.05-0.17-0.10.960.05-0.150.93-0.43-0.15-0.170.10.06-0.150.17
0.180.230.170.170.520.19-0.08-0.54-0.630.33-0.11-0.310.21-0.06-0.4-0.9-0.19-0.21-0.491.0
0.99-0.051.00.170.56-0.150.06-0.14-0.070.950.06-0.120.92-0.47-0.12-0.190.110.08-0.120.17
0.6-0.320.590.520.56-0.45-0.56-0.88-0.850.69-0.57-0.820.75-0.08-0.87-0.59-0.52-0.61-0.880.52
-0.120.79-0.130.19-0.15-0.450.610.430.34-0.030.580.46-0.310.070.49-0.060.50.530.450.19
0.050.820.05-0.080.06-0.560.610.780.61-0.011.00.68-0.31-0.210.740.280.980.990.71-0.08
-0.180.42-0.17-0.54-0.14-0.880.430.780.95-0.330.80.9-0.44-0.120.960.630.790.850.97-0.54
-0.120.2-0.1-0.63-0.07-0.850.340.610.95-0.280.630.89-0.31-0.240.950.670.620.70.98-0.63
0.970.070.960.330.950.69-0.03-0.01-0.33-0.28-0.02-0.290.92-0.33-0.29-0.320.01-0.04-0.30.33
0.050.790.05-0.110.06-0.570.581.00.80.63-0.020.7-0.31-0.220.750.320.990.990.73-0.11
-0.160.37-0.15-0.31-0.12-0.820.460.680.90.89-0.290.7-0.38-0.150.970.510.640.730.94-0.31
0.93-0.310.930.210.920.75-0.31-0.31-0.44-0.310.92-0.31-0.38-0.33-0.4-0.29-0.27-0.3-0.390.21
-0.420.15-0.43-0.06-0.47-0.080.07-0.21-0.12-0.24-0.33-0.22-0.15-0.33-0.210.14-0.22-0.24-0.22-0.06
-0.160.39-0.15-0.4-0.12-0.870.490.740.960.95-0.290.750.97-0.4-0.210.520.710.790.99-0.4
-0.180.03-0.17-0.9-0.19-0.59-0.060.280.630.67-0.320.320.51-0.290.140.520.380.40.58-0.9
0.090.750.1-0.190.11-0.520.50.980.790.620.010.990.64-0.27-0.220.710.380.990.69-0.19
0.050.730.06-0.210.08-0.610.530.990.850.7-0.040.990.73-0.3-0.240.790.40.990.78-0.21
-0.160.35-0.15-0.49-0.12-0.880.450.710.970.98-0.30.730.94-0.39-0.220.990.580.690.78-0.49
0.180.230.171.00.170.520.19-0.08-0.54-0.630.33-0.11-0.310.21-0.06-0.4-0.9-0.19-0.21-0.49
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Conquest Resources Account Relationship Matchups

Conquest Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets886.5K5.4M2.1M1.2M1.7M1.5M
Total Current Liabilities329.9K620.6K335.3K66.2K48.1K45.7K
Total Stockholder Equity556.6K4.7M1.7M1.2M1.6M1.3M
Net Tangible Assets600.4K(71.3K)4.7M1.7M1.6M1.3M
Retained Earnings(15.6M)(20.3M)(23.9M)(23.9M)(23.4M)(24.6M)
Accounts Payable103.8K152.6K279.5K24.5K9.4K8.9K
Cash252.0K5.0M1.9M1.2M1.0M997.4K
Net Receivables30.8K6.6K152.0K110.0K126.5K132.8K
Other Stockholder Equity92.7K21.4K1.4M1.7M1.9M2.0M
Total Liab329.9K620.6K335.3K66.2K48.1K45.7K
Total Current Assets258.6K5.4M2.1M1.2M1.5M1.1M
Common Stock15.3M15.5M23.6M24.0M27.6M18.4M
Common Stock Shares Outstanding49.6M132.6M134.8M135.3M135.5M106.8M
Net Invested Capital556.6K4.7M1.7M1.2M1.6M1.7M
Net Working Capital(71.3K)4.7M1.7M1.2M1.5M1.4M
Capital Stock15.5M23.6M24.0M24.0M24.0M23.2M

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Additional Tools for Conquest Stock Analysis

When running Conquest Resources' price analysis, check to measure Conquest Resources' 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 Conquest Resources is operating at the current time. Most of Conquest Resources' value examination focuses on studying past and present price action to predict the probability of Conquest Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conquest Resources' price. Additionally, you may evaluate how the addition of Conquest Resources to your portfolios can decrease your overall portfolio volatility.