District Inventory Turnover vs Capex To Depreciation Analysis

DCOP Stock

CAD 0.04 0.01 12.50%

District Copper financial indicator trend analysis is much more than just examining District Copper Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether District Copper Corp is a good investment. Please check the relationship between District Copper Inventory Turnover and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Copper 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 american community survey.

Inventory Turnover vs Capex To Depreciation

Inventory Turnover vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Inventory Turnover account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between District Copper's Inventory Turnover and Capex To Depreciation is 0.18. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of District Copper Corp, assuming nothing else is changed. The correlation between historical values of District Copper's Inventory Turnover and Capex To Depreciation 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 Turnover of District Copper Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Inventory Turnover i.e., District Copper's Inventory Turnover and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

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Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from District Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into District Copper 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Copper 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 american community survey.

Enterprise Value is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 520 K in 2024.

District Copper fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Short Term Investments	Short Long Term Debt Total	Other Current Liab	Other Liab	Net Tangible Assets	Other Assets	Long Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.43	1.0	1.0	0.23	0.66	0.51	-0.08	1.0	-0.26	0.23	-0.23	-0.64	0.77	0.44	-0.08	0.63	0.05	-0.42	0.03	-0.54	0.84	-0.51	-0.39	-0.61	0.84
Total Current Liabilities	0.43		0.4	0.45	-0.03	0.03	0.26	0.14	0.46	0.1	-0.04	-0.6	-0.22	0.23	0.92	-0.38	0.61	-0.29	-0.03	0.54	0.02	0.17	-0.16	-0.29	-0.13	0.22
Total Stockholder Equity	1.0	0.4		0.99	0.23	0.67	0.51	-0.08	0.99	-0.28	0.24	-0.2	-0.64	0.78	0.41	-0.06	0.61	0.06	-0.43	0.0	-0.56	0.85	-0.5	-0.39	-0.62	0.85
Property Plant And Equipment Net	1.0	0.45	0.99		0.25	0.66	0.47	-0.09	1.0	-0.22	0.16	-0.3	-0.64	0.76	0.48	-0.16	0.61	0.05	-0.41	0.06	-0.54	0.85	-0.53	-0.39	-0.61	0.85
Net Debt	0.23	-0.03	0.23	0.25		0.38	0.12	-0.95	0.26	0.18	-0.35	-0.17	-0.59	0.47	0.11	-0.36	0.4	0.42	-0.35	0.2	-0.47	0.31	-0.35	-0.47	-0.49	0.38
Retained Earnings	0.66	0.03	0.67	0.66	0.38		0.46	-0.27	0.67	-0.28	0.13	-0.21	-0.9	0.7	0.03	-0.15	0.19	0.7	-0.78	-0.29	-0.87	0.94	-0.7	-0.49	-0.92	0.94
Accounts Payable	0.51	0.26	0.51	0.47	0.12	0.46		-0.11	0.46	-0.19	0.64	0.33	-0.51	0.59	0.12	0.43	0.42	0.19	-0.65	-0.28	-0.53	0.4	-0.52	-0.34	-0.6	0.41
Cash	-0.08	0.14	-0.08	-0.09	-0.95	-0.27	-0.11		-0.1	-0.21	0.29	0.03	0.5	-0.28	0.0	0.26	-0.32	-0.44	0.24	-0.22	0.29	-0.18	0.25	0.37	0.35	-0.24
Non Current Assets Total	1.0	0.46	0.99	1.0	0.26	0.67	0.46	-0.1		-0.22	0.15	-0.31	-0.66	0.76	0.49	-0.17	0.62	0.05	-0.41	0.08	-0.54	0.85	-0.51	-0.41	-0.62	0.86
Non Currrent Assets Other	-0.26	0.1	-0.28	-0.22	0.18	-0.28	-0.19	-0.21	-0.22		-0.41	-0.28	0.1	-0.29	0.29	-0.38	0.07	-0.02	0.2	0.32	0.28	-0.3	-0.04	0.0	0.21	-0.24
Cash And Short Term Investments	0.23	-0.04	0.24	0.16	-0.35	0.13	0.64	0.29	0.15	-0.41		0.51	-0.06	0.16	-0.2	0.83	0.13	0.14	-0.25	-0.33	-0.11	0.12	-0.14	-0.06	-0.16	0.08
Net Receivables	-0.23	-0.6	-0.2	-0.3	-0.17	-0.21	0.33	0.03	-0.31	-0.28	0.51		0.3	-0.05	-0.75	0.83	-0.2	-0.13	-0.02	-0.56	0.05	-0.3	0.31	0.3	0.15	-0.36
Common Stock Shares Outstanding	-0.64	-0.22	-0.64	-0.64	-0.59	-0.9	-0.51	0.5	-0.66	0.1	-0.06	0.3		-0.68	-0.23	0.23	-0.47	-0.67	0.78	0.05	0.79	-0.85	0.63	0.74	0.93	-0.88
Other Stockholder Equity	0.77	0.23	0.78	0.76	0.47	0.7	0.59	-0.28	0.76	-0.29	0.16	-0.05	-0.68		0.15	-0.02	0.48	0.19	-0.65	-0.36	-0.85	0.71	-0.55	-0.41	-0.77	0.71
Total Liab	0.44	0.92	0.41	0.48	0.11	0.03	0.12	0.0	0.49	0.29	-0.2	-0.75	-0.23	0.15		-0.56	0.6	-0.22	0.06	0.72	0.08	0.2	-0.27	-0.28	-0.09	0.27
Total Current Assets	-0.08	-0.38	-0.06	-0.16	-0.36	-0.15	0.43	0.26	-0.17	-0.38	0.83	0.83	0.23	-0.02	-0.56		-0.02	-0.05	-0.09	-0.48	0.04	-0.19	0.14	0.11	0.08	-0.25
Other Current Assets	0.63	0.61	0.61	0.61	0.4	0.19	0.42	-0.32	0.62	0.07	0.13	-0.2	-0.47	0.48	0.6	-0.02		-0.12	-0.21	0.44	-0.17	0.33	-0.15	-0.56	-0.35	0.38
Short Term Investments	0.05	-0.29	0.06	0.05	0.42	0.7	0.19	-0.44	0.05	-0.02	0.14	-0.13	-0.67	0.19	-0.22	-0.05	-0.12		-0.61	-0.19	-0.57	0.5	-0.54	-0.42	-0.65	0.52
Short Long Term Debt Total	-0.42	-0.03	-0.43	-0.41	-0.35	-0.78	-0.65	0.24	-0.41	0.2	-0.25	-0.02	0.78	-0.65	0.06	-0.09	-0.21	-0.61		0.43	0.87	-0.64	0.62	0.64	0.91	-0.65
Other Current Liab	0.03	0.54	0.0	0.06	0.2	-0.29	-0.28	-0.22	0.08	0.32	-0.33	-0.56	0.05	-0.36	0.72	-0.48	0.44	-0.19	0.43		0.49	-0.14	0.11	-0.14	0.28	-0.07
Other Liab	-0.54	0.02	-0.56	-0.54	-0.47	-0.87	-0.53	0.29	-0.54	0.28	-0.11	0.05	0.79	-0.85	0.08	0.04	-0.17	-0.57	0.87	0.49		-0.75	0.67	0.47	0.93	-0.75
Net Tangible Assets	0.84	0.17	0.85	0.85	0.31	0.94	0.4	-0.18	0.85	-0.3	0.12	-0.3	-0.85	0.71	0.2	-0.19	0.33	0.5	-0.64	-0.14	-0.75		-0.66	-0.5	-0.83	0.99
Other Assets	-0.51	-0.16	-0.5	-0.53	-0.35	-0.7	-0.52	0.25	-0.51	-0.04	-0.14	0.31	0.63	-0.55	-0.27	0.14	-0.15	-0.54	0.62	0.11	0.67	-0.66		0.38	0.69	-0.69
Long Term Debt	-0.39	-0.29	-0.39	-0.39	-0.47	-0.49	-0.34	0.37	-0.41	0.0	-0.06	0.3	0.74	-0.41	-0.28	0.11	-0.56	-0.42	0.64	-0.14	0.47	-0.5	0.38		0.71	-0.53
Common Stock	-0.61	-0.13	-0.62	-0.61	-0.49	-0.92	-0.6	0.35	-0.62	0.21	-0.16	0.15	0.93	-0.77	-0.09	0.08	-0.35	-0.65	0.91	0.28	0.93	-0.83	0.69	0.71		-0.84
Property Plant Equipment	0.84	0.22	0.85	0.85	0.38	0.94	0.41	-0.24	0.86	-0.24	0.08	-0.36	-0.88	0.71	0.27	-0.25	0.38	0.52	-0.65	-0.07	-0.75	0.99	-0.69	-0.53	-0.84

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District Copper Account Relationship Matchups

District Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7M	2.5M	2.7M	1.9M	2.2M	2.1M
Total Current Liabilities	249.2K	130.4K	88.0K	46.8K	53.8K	51.1K
Total Stockholder Equity	2.2M	2.3M	2.6M	1.8M	2.1M	2.0M
Property Plant And Equipment Net	2.3M	1.3M	1.1M	1.1M	1.3M	1.3M
Net Debt	(26.8K)	(174.8K)	(367.6K)	(322.1K)	(370.4K)	(388.9K)
Retained Earnings	(18.0M)	(18.0M)	(18.8M)	(19.6M)	(17.6M)	(16.7M)
Accounts Payable	71.4K	100.0K	28.1K	51.3K	46.2K	83.6K
Cash	26.8K	174.8K	367.6K	322.1K	289.9K	457.2K
Non Current Assets Total	2.5M	1.9M	1.4M	1.1M	1.3M	1.3M
Cash And Short Term Investments	224.3K	190.5K	447.6K	349.6K	314.6K	298.9K
Net Receivables	3.9K	345.4K	334.4K	333.3K	383.3K	402.4K
Common Stock Shares Outstanding	13.7M	13.8M	19.8M	21.3M	24.5M	25.7M
Liabilities And Stockholders Equity	2.7M	2.5M	2.7M	1.9M	2.2M	2.1M
Total Liab	488.4K	130.4K	88.0K	46.8K	53.8K	51.1K
Total Current Assets	228.2K	535.9K	1.2M	748.3K	673.5K	788.6K
Other Current Liab	249.2K	130.4K	88.0K	46.8K	53.8K	51.1K
Net Tangible Assets	2.7M	2.2M	2.3M	2.6M	2.3M	2.2M
Property Plant Equipment	2.8M	2.3M	1.3M	1.1M	997.3K	947.4K
Net Invested Capital	2.2M	2.3M	2.6M	1.8M	1.7M	1.6M
Net Working Capital	(21.0K)	405.5K	1.2M	701.5K	806.7K	847.1K

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