Calibre Inventory vs Current Deferred Revenue Analysis

CXB Stock

CAD 2.35 0.04 1.73%

Calibre Mining financial indicator trend analysis is way more than just evaluating Calibre Mining Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calibre Mining Corp is a good investment. Please check the relationship between Calibre Mining Inventory and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calibre Mining 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 board of governors.

Inventory vs Current Deferred Revenue

Inventory vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calibre Mining Corp Inventory account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Calibre Mining's Inventory and Current Deferred Revenue is 0.59. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Calibre Mining Corp, assuming nothing else is changed. The correlation between historical values of Calibre Mining's Inventory and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Calibre Mining Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Inventory i.e., Calibre Mining's Inventory and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Calibre Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calibre Mining 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 Calibre Mining 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 board of governors.

At this time, Calibre Mining's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Tax Provision is likely to drop about 26.1 M.

Calibre Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Net Receivables	Inventory	Non Current Liabilities Total	Common Stock	Other Liab
Total Assets		0.89	0.41	1.0	1.0	1.0	0.58	-0.89	0.97	1.0	0.96	1.0	0.96	0.97	0.95	0.14	1.0	1.0	0.99	0.88	0.93	0.96	0.99	0.99	0.99	0.83
Short Long Term Debt Total	0.89		0.21	0.9	0.9	0.89	0.55	-0.61	0.93	0.91	0.76	0.91	0.76	0.79	0.95	0.12	0.87	0.93	0.85	0.99	0.97	0.8	0.88	0.85	0.85	0.65
Other Current Liab	0.41	0.21		0.35	0.41	0.43	0.39	-0.38	0.3	0.42	0.35	0.4	0.35	0.54	0.31	0.09	0.42	0.38	0.44	0.11	0.43	0.33	0.51	0.45	0.48	0.5
Total Current Liabilities	1.0	0.9	0.35		0.99	1.0	0.56	-0.88	0.96	0.99	0.95	1.0	0.95	0.95	0.94	0.14	1.0	0.99	0.99	0.9	0.92	0.97	0.98	0.99	0.99	0.82
Total Stockholder Equity	1.0	0.9	0.41	0.99		1.0	0.58	-0.88	0.97	1.0	0.95	1.0	0.95	0.97	0.96	0.15	0.99	1.0	0.99	0.89	0.94	0.95	0.99	0.99	0.99	0.83
Property Plant And Equipment Net	1.0	0.89	0.43	1.0	1.0		0.58	-0.88	0.96	1.0	0.95	1.0	0.95	0.97	0.95	0.14	1.0	1.0	0.99	0.88	0.93	0.96	0.99	0.99	0.99	0.84
Current Deferred Revenue	0.58	0.55	0.39	0.56	0.58	0.58		-0.46	0.51	0.57	0.5	0.58	0.5	0.56	0.57	0.35	0.56	0.58	0.56	0.52	0.58	0.54	0.59	0.55	0.57	0.64
Net Debt	-0.89	-0.61	-0.38	-0.88	-0.88	-0.88	-0.46		-0.82	-0.86	-0.98	-0.87	-0.98	-0.93	-0.76	-0.15	-0.91	-0.85	-0.93	-0.61	-0.67	-0.9	-0.87	-0.92	-0.89	-0.81
Retained Earnings	0.97	0.93	0.3	0.96	0.97	0.96	0.51	-0.82		0.96	0.92	0.97	0.92	0.93	0.98	0.11	0.95	0.98	0.95	0.93	0.93	0.88	0.95	0.94	0.92	0.75
Accounts Payable	1.0	0.91	0.42	0.99	1.0	1.0	0.57	-0.86	0.96		0.94	1.0	0.94	0.96	0.94	0.15	0.99	0.99	0.98	0.9	0.95	0.94	0.99	0.99	0.99	0.82
Cash	0.96	0.76	0.35	0.95	0.95	0.95	0.5	-0.98	0.92	0.94		0.95	1.0	0.97	0.87	0.15	0.97	0.94	0.98	0.76	0.8	0.95	0.94	0.97	0.95	0.82
Non Current Assets Total	1.0	0.91	0.4	1.0	1.0	1.0	0.58	-0.87	0.97	1.0	0.95		0.95	0.96	0.95	0.14	1.0	1.0	0.99	0.9	0.94	0.96	0.99	0.99	0.99	0.83
Cash And Short Term Investments	0.96	0.76	0.35	0.95	0.95	0.95	0.5	-0.98	0.92	0.94	1.0	0.95		0.97	0.87	0.15	0.97	0.94	0.98	0.76	0.8	0.95	0.94	0.97	0.95	0.82
Common Stock Shares Outstanding	0.97	0.79	0.54	0.95	0.97	0.97	0.56	-0.93	0.93	0.96	0.97	0.96	0.97		0.89	0.16	0.97	0.95	0.99	0.77	0.87	0.91	0.97	0.97	0.96	0.85
Other Current Assets	0.95	0.95	0.31	0.94	0.96	0.95	0.57	-0.76	0.98	0.94	0.87	0.95	0.87	0.89		0.13	0.93	0.97	0.93	0.93	0.93	0.87	0.94	0.91	0.91	0.74
Other Stockholder Equity	0.14	0.12	0.09	0.14	0.15	0.14	0.35	-0.15	0.11	0.15	0.15	0.14	0.15	0.16	0.13		0.14	0.14	0.15	0.11	0.14	0.16	0.15	0.14	0.15	0.06
Total Liab	1.0	0.87	0.42	1.0	0.99	1.0	0.56	-0.91	0.95	0.99	0.97	1.0	0.97	0.97	0.93	0.14		0.99	0.99	0.85	0.91	0.98	0.99	1.0	1.0	0.84
Property Plant And Equipment Gross	1.0	0.93	0.38	0.99	1.0	1.0	0.58	-0.85	0.98	0.99	0.94	1.0	0.94	0.95	0.97	0.14	0.99		0.98	0.91	0.94	0.95	0.99	0.98	0.98	0.81
Total Current Assets	0.99	0.85	0.44	0.99	0.99	0.99	0.56	-0.93	0.95	0.98	0.98	0.99	0.98	0.99	0.93	0.15	0.99	0.98		0.83	0.89	0.96	0.99	1.0	0.99	0.84
Short Term Debt	0.88	0.99	0.11	0.9	0.89	0.88	0.52	-0.61	0.93	0.9	0.76	0.9	0.76	0.77	0.93	0.11	0.85	0.91	0.83		0.94	0.79	0.85	0.83	0.83	0.62
Other Assets	0.93	0.97	0.43	0.92	0.94	0.93	0.58	-0.67	0.93	0.95	0.8	0.94	0.8	0.87	0.93	0.14	0.91	0.94	0.89	0.94		0.82	0.93	0.89	0.91	0.72
Net Receivables	0.96	0.8	0.33	0.97	0.95	0.96	0.54	-0.9	0.88	0.94	0.95	0.96	0.95	0.91	0.87	0.16	0.98	0.95	0.96	0.79	0.82		0.94	0.98	0.97	0.82
Inventory	0.99	0.88	0.51	0.98	0.99	0.99	0.59	-0.87	0.95	0.99	0.94	0.99	0.94	0.97	0.94	0.15	0.99	0.99	0.99	0.85	0.93	0.94		0.99	0.99	0.84
Non Current Liabilities Total	0.99	0.85	0.45	0.99	0.99	0.99	0.55	-0.92	0.94	0.99	0.97	0.99	0.97	0.97	0.91	0.14	1.0	0.98	1.0	0.83	0.89	0.98	0.99		1.0	0.84
Common Stock	0.99	0.85	0.48	0.99	0.99	0.99	0.57	-0.89	0.92	0.99	0.95	0.99	0.95	0.96	0.91	0.15	1.0	0.98	0.99	0.83	0.91	0.97	0.99	1.0		0.85
Other Liab	0.83	0.65	0.5	0.82	0.83	0.84	0.64	-0.81	0.75	0.82	0.82	0.83	0.82	0.85	0.74	0.06	0.84	0.81	0.84	0.62	0.72	0.82	0.84	0.84	0.85

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Calibre Mining Account Relationship Matchups

Calibre Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	265.2M	351.2M	437.5M	664.3M	819.6M	860.6M
Total Current Liabilities	34.8M	35.5M	43.4M	66.6M	93.3M	97.9M
Total Stockholder Equity	154.7M	230.1M	289.5M	450.7M	557.2M	585.1M
Property Plant And Equipment Net	199.0M	240.9M	290.1M	477.2M	557.1M	584.9M
Net Debt	(32.6M)	(53.0M)	(78.4M)	(43.4M)	(65.4M)	(62.2M)
Retained Earnings	(29.9M)	33.6M	91.7M	135.1M	220.1M	231.1M
Accounts Payable	15.1M	24.3M	21.0M	42.2M	53.3M	55.9M
Cash	32.9M	53.2M	78.5M	56.5M	86.2M	90.5M
Non Current Assets Total	199.4M	245.7M	296.4M	489.3M	613.7M	644.4M
Cash And Short Term Investments	32.9M	53.2M	78.5M	56.5M	86.2M	90.5M
Common Stock Shares Outstanding	111.4M	358.9M	363.9M	461.7M	473.9M	497.6M
Liabilities And Stockholders Equity	265.2M	351.2M	437.5M	664.3M	819.6M	860.6M
Other Current Assets	100K	102K	6.6M	11.6M	14.6M	15.3M
Other Stockholder Equity	17.3M	22.3M	19.1M	22.5M	22.0M	20.0M
Total Liab	110.5M	121.0M	148.1M	213.5M	262.4M	275.5M
Property Plant And Equipment Gross	199.0M	240.9M	351.1M	591.4M	756.7M	794.5M
Total Current Assets	65.7M	105.4M	141.1M	175.0M	205.9M	216.2M
Short Term Debt	116K	121K	43K	4.5M	9.9M	10.4M
Net Receivables	1.8M	987K	1.7M	1.9M	2.5M	2.6M
Inventory	29.2M	46.4M	54.4M	105.0M	102.6M	107.8M
Accumulated Other Comprehensive Income	2.1M	3.7M	2.9M	1.6M	12.7M	13.3M
Non Current Liabilities Total	75.7M	85.5M	104.7M	147.0M	169.1M	177.5M
Common Stock	165.1M	170.6M	175.7M	291.6M	302.4M	317.5M
Net Tangible Assets	154.7M	230.1M	289.5M	450.7M	518.4M	544.3M
Non Currrent Assets Other	393K	1.9M	2.8M	6.4M	14.3M	15.0M
Capital Surpluse	15.9M	17.3M	22.3M	19.1M	21.9M	18.1M
Cash And Equivalents	2.3M	3.5M	53.2M	78.5M	90.2M	94.7M
Property Plant Equipment	199.0M	240.9M	290.1M	477.2M	548.8M	576.2M
Net Invested Capital	154.7M	230.1M	289.5M	458.8M	567.7M	596.1M
Net Working Capital	30.9M	70.0M	97.7M	108.4M	112.6M	66.7M
Capital Stock	165.1M	170.6M	175.7M	291.6M	302.4M	209.1M

Pair Trading with Calibre Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Calibre Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Calibre Mining will appreciate offsetting losses from the drop in the long position's value.

Moving against Calibre Stock

0.37	BRK	Berkshire Hathaway CDR	Pair Corr
0.36	TSLA	Tesla Inc CDR	Pair Corr

The ability to find closely correlated positions to Calibre Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calibre Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Calibre Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Calibre Mining Corp to buy it.

The correlation of Calibre Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Calibre Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calibre Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Calibre Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Calibre Stock

Balance Sheet is a snapshot of the financial position of Calibre Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Calibre Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Calibre Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Calibre currently owns. An asset can also be divided into two categories, current and non-current.

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Calibre Inventory vs Current Deferred Revenue Analysis

Inventory vs Current Deferred Revenue

Inventory vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Inventory

Current Deferred Revenue

Calibre Mining fundamental ratios Correlations

Calibre Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Calibre Mining fundamental ratios Accounts

Pair Trading with Calibre Mining

Moving against Calibre Stock

Other Information on Investing in Calibre Stock

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Current Assets	- 0.93	Net Debt
Common Stock Shares Outstanding	- 0.93	Net Debt
Non Current Liabilities Total	- 0.92	Net Debt
Total Liab	- 0.91	Net Debt