District Investments vs Change To Account Receivables 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 Investments and its Change To Account Receivables 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.

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between District Copper's Investments and Change To Account Receivables is 0.25. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables 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 Investments and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of District Copper Corp are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., District Copper's Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Account Receivables

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

0.431.01.00.230.660.51-0.081.0-0.260.23-0.23-0.640.770.44-0.080.630.05-0.420.03-0.540.84-0.51-0.39-0.610.84
0.430.40.45-0.030.030.260.140.460.1-0.04-0.6-0.220.230.92-0.380.61-0.29-0.030.540.020.17-0.16-0.29-0.130.22
1.00.40.990.230.670.51-0.080.99-0.280.24-0.2-0.640.780.41-0.060.610.06-0.430.0-0.560.85-0.5-0.39-0.620.85
1.00.450.990.250.660.47-0.091.0-0.220.16-0.3-0.640.760.48-0.160.610.05-0.410.06-0.540.85-0.53-0.39-0.610.85
0.23-0.030.230.250.380.12-0.950.260.18-0.35-0.17-0.590.470.11-0.360.40.42-0.350.2-0.470.31-0.35-0.47-0.490.38
0.660.030.670.660.380.46-0.270.67-0.280.13-0.21-0.90.70.03-0.150.190.7-0.78-0.29-0.870.94-0.7-0.49-0.920.94
0.510.260.510.470.120.46-0.110.46-0.190.640.33-0.510.590.120.430.420.19-0.65-0.28-0.530.4-0.52-0.34-0.60.41
-0.080.14-0.08-0.09-0.95-0.27-0.11-0.1-0.210.290.030.5-0.280.00.26-0.32-0.440.24-0.220.29-0.180.250.370.35-0.24
1.00.460.991.00.260.670.46-0.1-0.220.15-0.31-0.660.760.49-0.170.620.05-0.410.08-0.540.85-0.51-0.41-0.620.86
-0.260.1-0.28-0.220.18-0.28-0.19-0.21-0.22-0.41-0.280.1-0.290.29-0.380.07-0.020.20.320.28-0.3-0.040.00.21-0.24
0.23-0.040.240.16-0.350.130.640.290.15-0.410.51-0.060.16-0.20.830.130.14-0.25-0.33-0.110.12-0.14-0.06-0.160.08
-0.23-0.6-0.2-0.3-0.17-0.210.330.03-0.31-0.280.510.3-0.05-0.750.83-0.2-0.13-0.02-0.560.05-0.30.310.30.15-0.36
-0.64-0.22-0.64-0.64-0.59-0.9-0.510.5-0.660.1-0.060.3-0.68-0.230.23-0.47-0.670.780.050.79-0.850.630.740.93-0.88
0.770.230.780.760.470.70.59-0.280.76-0.290.16-0.05-0.680.15-0.020.480.19-0.65-0.36-0.850.71-0.55-0.41-0.770.71
0.440.920.410.480.110.030.120.00.490.29-0.2-0.75-0.230.15-0.560.6-0.220.060.720.080.2-0.27-0.28-0.090.27
-0.08-0.38-0.06-0.16-0.36-0.150.430.26-0.17-0.380.830.830.23-0.02-0.56-0.02-0.05-0.09-0.480.04-0.190.140.110.08-0.25
0.630.610.610.610.40.190.42-0.320.620.070.13-0.2-0.470.480.6-0.02-0.12-0.210.44-0.170.33-0.15-0.56-0.350.38
0.05-0.290.060.050.420.70.19-0.440.05-0.020.14-0.13-0.670.19-0.22-0.05-0.12-0.61-0.19-0.570.5-0.54-0.42-0.650.52
-0.42-0.03-0.43-0.41-0.35-0.78-0.650.24-0.410.2-0.25-0.020.78-0.650.06-0.09-0.21-0.610.430.87-0.640.620.640.91-0.65
0.030.540.00.060.2-0.29-0.28-0.220.080.32-0.33-0.560.05-0.360.72-0.480.44-0.190.430.49-0.140.11-0.140.28-0.07
-0.540.02-0.56-0.54-0.47-0.87-0.530.29-0.540.28-0.110.050.79-0.850.080.04-0.17-0.570.870.49-0.750.670.470.93-0.75
0.840.170.850.850.310.940.4-0.180.85-0.30.12-0.3-0.850.710.2-0.190.330.5-0.64-0.14-0.75-0.66-0.5-0.830.99
-0.51-0.16-0.5-0.53-0.35-0.7-0.520.25-0.51-0.04-0.140.310.63-0.55-0.270.14-0.15-0.540.620.110.67-0.660.380.69-0.69
-0.39-0.29-0.39-0.39-0.47-0.49-0.340.37-0.410.0-0.060.30.74-0.41-0.280.11-0.56-0.420.64-0.140.47-0.50.380.71-0.53
-0.61-0.13-0.62-0.61-0.49-0.92-0.60.35-0.620.21-0.160.150.93-0.77-0.090.08-0.35-0.650.910.280.93-0.830.690.71-0.84
0.840.220.850.850.380.940.41-0.240.86-0.240.08-0.36-0.880.710.27-0.250.380.52-0.65-0.07-0.750.99-0.69-0.53-0.84
Click cells to compare fundamentals

District Copper Account Relationship Matchups

District Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7M2.5M2.7M1.9M2.2M2.1M
Total Current Liabilities249.2K130.4K88.0K46.8K53.8K51.1K
Total Stockholder Equity2.2M2.3M2.6M1.8M2.1M2.0M
Property Plant And Equipment Net2.3M1.3M1.1M1.1M1.3M1.3M
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 Payable71.4K100.0K28.1K51.3K46.2K83.6K
Cash26.8K174.8K367.6K322.1K289.9K457.2K
Non Current Assets Total2.5M1.9M1.4M1.1M1.3M1.3M
Cash And Short Term Investments224.3K190.5K447.6K349.6K314.6K298.9K
Net Receivables3.9K345.4K334.4K333.3K383.3K402.4K
Common Stock Shares Outstanding13.7M13.8M19.8M21.3M24.5M25.7M
Liabilities And Stockholders Equity2.7M2.5M2.7M1.9M2.2M2.1M
Total Liab488.4K130.4K88.0K46.8K53.8K51.1K
Total Current Assets228.2K535.9K1.2M748.3K673.5K788.6K
Other Current Liab249.2K130.4K88.0K46.8K53.8K51.1K
Net Tangible Assets2.7M2.2M2.3M2.6M2.3M2.2M
Property Plant Equipment2.8M2.3M1.3M1.1M997.3K947.4K
Net Invested Capital2.2M2.3M2.6M1.8M1.7M1.6M
Net Working Capital(21.0K)405.5K1.2M701.5K806.7K847.1K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for District Stock Analysis

When running District Copper's price analysis, check to measure District Copper'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 District Copper is operating at the current time. Most of District Copper's value examination focuses on studying past and present price action to predict the probability of District Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Copper's price. Additionally, you may evaluate how the addition of District Copper to your portfolios can decrease your overall portfolio volatility.