Conquest Property Plant Equipment vs Other Liab 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 Property Plant Equipment and its Other Liab 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.
Property Plant Equipment vs Other Liab
Property Plant Equipment vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conquest Resources Property Plant Equipment account and Other Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Conquest Resources' Property Plant Equipment and Other Liab is 0.21. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Liab 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' Property Plant Equipment and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Conquest Resources are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Property Plant Equipment i.e., Conquest Resources' Property Plant Equipment and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Other Liab
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
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Conquest Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.