Conquest Common Stock vs Cash Analysis

CQR Stock

CAD 0.03 0.01 25.00%

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 Common Stock and its Cash 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.

Common Stock vs Cash

Common Stock vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conquest Resources Common Stock account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Conquest Resources' Common Stock and Cash is 0.68. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash 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' Common Stock 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 Common Stock of Conquest 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 Common Stock i.e., Conquest Resources' Common Stock and Cash go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

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Common Stock

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.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		-0.02	1.0	0.18	0.99	0.6	-0.12	0.05	-0.18	-0.12	0.97	0.05	-0.16	0.93	-0.42	-0.16	-0.18	0.09	0.05	-0.16	0.18
Total Current Liabilities	-0.02		-0.03	0.23	-0.05	-0.32	0.79	0.82	0.42	0.2	0.07	0.79	0.37	-0.31	0.15	0.39	0.03	0.75	0.73	0.35	0.23
Total Stockholder Equity	1.0	-0.03		0.17	1.0	0.59	-0.13	0.05	-0.17	-0.1	0.96	0.05	-0.15	0.93	-0.43	-0.15	-0.17	0.1	0.06	-0.15	0.17
Other Liab	0.18	0.23	0.17		0.17	0.52	0.19	-0.08	-0.54	-0.63	0.33	-0.11	-0.31	0.21	-0.06	-0.4	-0.9	-0.19	-0.21	-0.49	1.0
Net Tangible Assets	0.99	-0.05	1.0	0.17		0.56	-0.15	0.06	-0.14	-0.07	0.95	0.06	-0.12	0.92	-0.47	-0.12	-0.19	0.11	0.08	-0.12	0.17
Retained Earnings	0.6	-0.32	0.59	0.52	0.56		-0.45	-0.56	-0.88	-0.85	0.69	-0.57	-0.82	0.75	-0.08	-0.87	-0.59	-0.52	-0.61	-0.88	0.52
Accounts Payable	-0.12	0.79	-0.13	0.19	-0.15	-0.45		0.61	0.43	0.34	-0.03	0.58	0.46	-0.31	0.07	0.49	-0.06	0.5	0.53	0.45	0.19
Cash	0.05	0.82	0.05	-0.08	0.06	-0.56	0.61		0.78	0.61	-0.01	1.0	0.68	-0.31	-0.21	0.74	0.28	0.98	0.99	0.71	-0.08
Net Receivables	-0.18	0.42	-0.17	-0.54	-0.14	-0.88	0.43	0.78		0.95	-0.33	0.8	0.9	-0.44	-0.12	0.96	0.63	0.79	0.85	0.97	-0.54
Other Stockholder Equity	-0.12	0.2	-0.1	-0.63	-0.07	-0.85	0.34	0.61	0.95		-0.28	0.63	0.89	-0.31	-0.24	0.95	0.67	0.62	0.7	0.98	-0.63
Total Liab	0.97	0.07	0.96	0.33	0.95	0.69	-0.03	-0.01	-0.33	-0.28		-0.02	-0.29	0.92	-0.33	-0.29	-0.32	0.01	-0.04	-0.3	0.33
Total Current Assets	0.05	0.79	0.05	-0.11	0.06	-0.57	0.58	1.0	0.8	0.63	-0.02		0.7	-0.31	-0.22	0.75	0.32	0.99	0.99	0.73	-0.11
Common Stock	-0.16	0.37	-0.15	-0.31	-0.12	-0.82	0.46	0.68	0.9	0.89	-0.29	0.7		-0.38	-0.15	0.97	0.51	0.64	0.73	0.94	-0.31
Property Plant Equipment	0.93	-0.31	0.93	0.21	0.92	0.75	-0.31	-0.31	-0.44	-0.31	0.92	-0.31	-0.38		-0.33	-0.4	-0.29	-0.27	-0.3	-0.39	0.21
Non Current Assets Total	-0.42	0.15	-0.43	-0.06	-0.47	-0.08	0.07	-0.21	-0.12	-0.24	-0.33	-0.22	-0.15	-0.33		-0.21	0.14	-0.22	-0.24	-0.22	-0.06
Common Stock Shares Outstanding	-0.16	0.39	-0.15	-0.4	-0.12	-0.87	0.49	0.74	0.96	0.95	-0.29	0.75	0.97	-0.4	-0.21		0.52	0.71	0.79	0.99	-0.4
Short Term Investments	-0.18	0.03	-0.17	-0.9	-0.19	-0.59	-0.06	0.28	0.63	0.67	-0.32	0.32	0.51	-0.29	0.14	0.52		0.38	0.4	0.58	-0.9
Net Invested Capital	0.09	0.75	0.1	-0.19	0.11	-0.52	0.5	0.98	0.79	0.62	0.01	0.99	0.64	-0.27	-0.22	0.71	0.38		0.99	0.69	-0.19
Net Working Capital	0.05	0.73	0.06	-0.21	0.08	-0.61	0.53	0.99	0.85	0.7	-0.04	0.99	0.73	-0.3	-0.24	0.79	0.4	0.99		0.78	-0.21
Capital Stock	-0.16	0.35	-0.15	-0.49	-0.12	-0.88	0.45	0.71	0.97	0.98	-0.3	0.73	0.94	-0.39	-0.22	0.99	0.58	0.69	0.78		-0.49
Property Plant And Equipment Net	0.18	0.23	0.17	1.0	0.17	0.52	0.19	-0.08	-0.54	-0.63	0.33	-0.11	-0.31	0.21	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	886.5K	5.4M	2.1M	1.2M	1.7M	1.5M
Total Current Liabilities	329.9K	620.6K	335.3K	66.2K	48.1K	45.7K
Total Stockholder Equity	556.6K	4.7M	1.7M	1.2M	1.6M	1.3M
Net Tangible Assets	600.4K	(71.3K)	4.7M	1.7M	1.6M	1.3M
Retained Earnings	(15.6M)	(20.3M)	(23.9M)	(23.9M)	(23.4M)	(24.6M)
Accounts Payable	103.8K	152.6K	279.5K	24.5K	9.4K	8.9K
Cash	252.0K	5.0M	1.9M	1.2M	1.0M	997.4K
Net Receivables	30.8K	6.6K	152.0K	110.0K	126.5K	132.8K
Other Stockholder Equity	92.7K	21.4K	1.4M	1.7M	1.9M	2.0M
Total Liab	329.9K	620.6K	335.3K	66.2K	48.1K	45.7K
Total Current Assets	258.6K	5.4M	2.1M	1.2M	1.5M	1.1M
Common Stock	15.3M	15.5M	23.6M	24.0M	27.6M	18.4M
Common Stock Shares Outstanding	49.6M	132.6M	134.8M	135.3M	135.5M	106.8M
Net Invested Capital	556.6K	4.7M	1.7M	1.2M	1.6M	1.7M
Net Working Capital	(71.3K)	4.7M	1.7M	1.2M	1.5M	1.4M
Capital Stock	15.5M	23.6M	24.0M	24.0M	24.0M	23.2M

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