Conquest Common Stock Shares Outstanding vs Retained Earnings 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 Common Stock Shares Outstanding and its Retained Earnings 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 Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conquest Resources Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Conquest Resources' Common Stock Shares Outstanding and Retained Earnings is -0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings 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 Shares Outstanding and Retained Earnings 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 Shares Outstanding of Conquest Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Conquest Resources' Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.