Cariboo Net Tangible Assets vs Capital Lease Obligations Analysis

CRB Stock

CAD 0.04 0.01 20.00%

Cariboo Rose financial indicator trend analysis is way more than just evaluating Cariboo Rose Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cariboo Rose Resources is a good investment. Please check the relationship between Cariboo Rose Net Tangible Assets and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cariboo Rose 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.

Net Tangible Assets vs Capital Lease Obligations

Net Tangible Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cariboo Rose Resources Net Tangible Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cariboo Rose's Net Tangible Assets and Capital Lease Obligations is -0.42. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Cariboo Rose Resources, assuming nothing else is changed. The correlation between historical values of Cariboo Rose's Net Tangible Assets and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Cariboo Rose Resources are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Tangible Assets i.e., Cariboo Rose's Net Tangible Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Capital Lease Obligations

Cariboo Rose Resources capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cariboo Rose asset purchases. For example, Cariboo Rose can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cariboo Rose control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from Cariboo Rose's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cariboo Rose 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 Cariboo Rose 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.

Issuance Of Capital Stock is likely to climb to about 97.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 164.3 K in 2024.

Cariboo Rose fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		0.65	1.0	0.93	-0.35	0.33	0.5	0.57	-0.26	0.76	0.73	0.79	0.54	0.68	0.86	0.51	0.54	0.47	0.1	0.33	0.42	0.57	-0.54	0.17	0.22	-0.18
Total Current Liabilities	0.65		0.62	0.78	-0.73	0.78	0.01	0.39	-0.32	0.73	0.3	0.75	0.07	0.77	0.85	0.45	0.47	0.61	0.05	0.68	-0.18	0.08	-0.28	0.6	0.66	-0.66
Total Stockholder Equity	1.0	0.62		0.92	-0.34	0.29	0.49	0.53	-0.27	0.73	0.75	0.75	0.56	0.67	0.85	0.5	0.56	0.45	0.12	0.29	0.41	0.54	-0.52	0.13	0.18	-0.14
Net Tangible Assets	0.93	0.78	0.92		-0.51	0.52	0.35	0.43	-0.33	0.82	0.56	0.78	0.42	0.82	0.95	0.46	0.59	0.54	0.08	0.57	0.22	0.44	-0.54	0.44	0.38	-0.42
Retained Earnings	-0.35	-0.73	-0.34	-0.51		-0.63	0.52	-0.15	0.46	-0.57	0.09	-0.38	0.4	-0.74	-0.69	-0.51	-0.28	-0.71	-0.22	-0.77	0.63	0.35	0.0	-0.76	-0.77	0.82
Accounts Payable	0.33	0.78	0.29	0.52	-0.63		-0.18	0.26	-0.13	0.5	-0.13	0.61	-0.35	0.51	0.66	0.54	-0.08	0.74	0.25	0.79	-0.2	0.1	-0.44	0.7	0.57	-0.7
Cash	0.5	0.01	0.49	0.35	0.52	-0.18		0.44	0.26	0.37	0.49	0.48	0.86	-0.03	0.1	-0.25	0.29	-0.36	-0.5	-0.17	0.88	0.86	-0.6	-0.27	-0.28	0.33
Other Assets	0.57	0.39	0.53	0.43	-0.15	0.26	0.44		0.25	0.66	0.41	0.8	0.19	0.22	0.44	0.46	-0.07	0.41	-0.24	0.27	0.52	0.66	-0.48	0.07	0.53	-0.28
Net Receivables	-0.26	-0.32	-0.27	-0.33	0.46	-0.13	0.26	0.25		-0.16	-0.09	-0.1	0.12	-0.48	-0.42	-0.31	-0.28	-0.37	-0.36	-0.26	0.35	0.24	-0.32	-0.26	-0.12	0.1
Short Term Investments	0.76	0.73	0.73	0.82	-0.57	0.5	0.37	0.66	-0.16		0.24	0.88	0.3	0.71	0.79	0.29	0.45	0.43	-0.35	0.74	0.17	0.48	-0.6	0.64	0.67	-0.67
Other Stockholder Equity	0.73	0.3	0.75	0.56	0.09	-0.13	0.49	0.41	-0.09	0.24		0.39	0.66	0.3	0.47	0.36	0.49	0.15	0.21	-0.32	0.51	0.41	-0.09	-0.46	-0.14	0.35
Total Liab	0.79	0.75	0.75	0.78	-0.38	0.61	0.48	0.8	-0.1	0.88	0.39		0.27	0.58	0.77	0.49	0.2	0.54	-0.16	0.59	0.41	0.68	-0.66	0.41	0.55	-0.46
Total Current Assets	0.54	0.07	0.56	0.42	0.4	-0.35	0.86	0.19	0.12	0.3	0.66	0.27		0.11	0.15	-0.36	0.68	-0.47	-0.43	-0.3	0.64	0.55	-0.34	-0.33	-0.35	0.38
Intangible Assets	0.68	0.77	0.67	0.82	-0.74	0.51	-0.03	0.22	-0.48	0.71	0.3	0.58	0.11		0.86	0.43	0.56	0.56	0.13	0.66	-0.16	0.08	-0.31	0.6	0.5	-0.58
Common Stock	0.86	0.85	0.85	0.95	-0.69	0.66	0.1	0.44	-0.42	0.79	0.47	0.77	0.15	0.86		0.66	0.44	0.75	0.25	0.67	0.03	0.29	-0.43	0.53	0.53	-0.55
Property Plant Equipment	0.51	0.45	0.5	0.46	-0.51	0.54	-0.25	0.46	-0.31	0.29	0.36	0.49	-0.36	0.43	0.66		-0.24	0.94	0.71	0.32	0.02	0.15	-0.15	0.13	0.36	-0.24
Other Current Liab	0.54	0.47	0.56	0.59	-0.28	-0.08	0.29	-0.07	-0.28	0.45	0.49	0.2	0.68	0.56	0.44	-0.24		-0.18	-0.28	0.11	-0.08	-0.05	-0.02	0.16	0.08	-0.14
Non Current Assets Total	0.47	0.61	0.45	0.54	-0.71	0.74	-0.36	0.41	-0.37	0.43	0.15	0.54	-0.47	0.56	0.75	0.94	-0.18		0.61	0.6	-0.17	0.05	-0.2	0.45	0.57	-0.52
Non Currrent Assets Other	0.1	0.05	0.12	0.08	-0.22	0.25	-0.5	-0.24	-0.36	-0.35	0.21	-0.16	-0.43	0.13	0.25	0.71	-0.28	0.61		-0.1	-0.2	-0.26	0.2	-0.18	-0.2	0.19
Common Stock Shares Outstanding	0.33	0.68	0.29	0.57	-0.77	0.79	-0.17	0.27	-0.26	0.74	-0.32	0.59	-0.3	0.66	0.67	0.32	0.11	0.6	-0.1		-0.31	0.07	-0.44	0.97	0.77	-0.93
Net Invested Capital	0.42	-0.18	0.41	0.22	0.63	-0.2	0.88	0.52	0.35	0.17	0.51	0.41	0.64	-0.16	0.03	0.02	-0.08	-0.17	-0.2	-0.31		0.93	-0.59	-0.46	-0.38	0.48
Net Working Capital	0.57	0.08	0.54	0.44	0.35	0.1	0.86	0.66	0.24	0.48	0.41	0.68	0.55	0.08	0.29	0.15	-0.05	0.05	-0.26	0.07	0.93		-0.79	-0.11	-0.09	0.15
Long Term Investments	-0.54	-0.28	-0.52	-0.54	0.0	-0.44	-0.6	-0.48	-0.32	-0.6	-0.09	-0.66	-0.34	-0.31	-0.43	-0.15	-0.02	-0.2	0.2	-0.44	-0.59	-0.79		-0.32	-0.06	0.24
Capital Stock	0.17	0.6	0.13	0.44	-0.76	0.7	-0.27	0.07	-0.26	0.64	-0.46	0.41	-0.33	0.6	0.53	0.13	0.16	0.45	-0.18	0.97	-0.46	-0.11	-0.32		0.72	-0.93
Property Plant And Equipment Net	0.22	0.66	0.18	0.38	-0.77	0.57	-0.28	0.53	-0.12	0.67	-0.14	0.55	-0.35	0.5	0.53	0.36	0.08	0.57	-0.2	0.77	-0.38	-0.09	-0.06	0.72		-0.9
Capital Lease Obligations	-0.18	-0.66	-0.14	-0.42	0.82	-0.7	0.33	-0.28	0.1	-0.67	0.35	-0.46	0.38	-0.58	-0.55	-0.24	-0.14	-0.52	0.19	-0.93	0.48	0.15	0.24	-0.93	-0.9

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Cariboo Net Tangible Assets vs Capital Lease Obligations Analysis

Net Tangible Assets vs Capital Lease Obligations

Net Tangible Assets vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Capital Lease Obligations

Cariboo Rose fundamental ratios Correlations

Cariboo Rose Account Relationship Matchups

High Positive Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Capital Stock	+ 0.97	Common Stock Shares Outstanding
Common Stock	+ 0.95	Net Tangible Assets
Non Current Assets Total	+ 0.94	Property Plant Equipment
Net Tangible Assets	+ 0.93	Total Assets
Net Working Capital	+ 0.93	Net Invested Capital

Capital Lease Obligations	- 0.93	Capital Stock
Capital Lease Obligations	- 0.93	Common Stock Shares Outstanding
Capital Lease Obligations	- 0.9	Property Plant And Equipment Net
Long Term Investments	- 0.79	Net Working Capital
Property Plant And Equipment Net	- 0.77	Retained Earnings
Common Stock Shares Outstanding	- 0.77	Retained Earnings