Copper Cash vs Total Stockholder Equity Analysis
| CRD Stock | CAD 0.03 0.01 25.00% |
Copper Road financial indicator trend analysis is way more than just evaluating Copper Road Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copper Road Resources is a good investment. Please check the relationship between Copper Road Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copper Road 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 Total Stockholder Equity
Cash vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Copper Road Resources Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Copper Road's Cash and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Copper Road Resources, assuming nothing else is changed. The correlation between historical values of Copper Road's Cash and Total 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 Copper Road Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Copper Road's Cash and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Copper Road Resources, which is listed under current asset account on Copper Road Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Copper Road customers. The amounts must be unrestricted with restricted cash listed in a different Copper Road 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Copper Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copper Road 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 Copper Road 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 drop to about 490.9 K in 2024. Issuance Of Capital Stock is likely to drop to about 819 K in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 796.7K | 2.3M | 1.1M | 1.3M | Research Development | 4.2K | 6.3K | 31.9K | 17.3K |
Copper Road fundamental ratios Correlations
Click cells to compare fundamentals
Copper Road Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Copper Stock Analysis
When running Copper Road's price analysis, check to measure Copper Road's 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 Copper Road is operating at the current time. Most of Copper Road's value examination focuses on studying past and present price action to predict the probability of Copper Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Road's price. Additionally, you may evaluate how the addition of Copper Road to your portfolios can decrease your overall portfolio volatility.