Critical Net Working Capital vs Other Current Assets Analysis
CRMLW Stock | 0.21 0.02 8.70% |
Critical Metals financial indicator trend analysis is way more than just evaluating Critical Metals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Critical Metals Corp is a good investment. Please check the relationship between Critical Metals Net Working Capital and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Critical Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Working Capital vs Other Current Assets
Net Working Capital vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Critical Metals Corp Net Working Capital account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Critical Metals' Net Working Capital and Other Current Assets is -1.0. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Critical Metals Corp, assuming nothing else is changed. The correlation between historical values of Critical Metals' Net Working Capital and Other Current Assets 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 Working Capital of Critical Metals Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Working Capital i.e., Critical Metals' Net Working Capital and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Net Working Capital
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Critical Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Critical Metals Corp 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 Critical Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to climb to about 3.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1 M in 2024.
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 7.4K | 7.8K | 6.0K | Interest Income | 1.6K | 1.5K | 1.4K |
Critical Metals fundamental ratios Correlations
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Critical Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Critical Metals' price analysis, check to measure Critical Metals' 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 Critical Metals is operating at the current time. Most of Critical Metals' value examination focuses on studying past and present price action to predict the probability of Critical Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Critical Metals' price. Additionally, you may evaluate how the addition of Critical Metals to your portfolios can decrease your overall portfolio volatility.