District Long Term Debt vs Net Receivables Analysis

DCOP Stock  CAD 0.04  0.01  11.11%   
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 Long Term Debt and its Net 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.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between District Copper's Long Term Debt and Net Receivables is 0.3. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net 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 Long Term Debt and Net 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 Long Term Debt of District Copper Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., District Copper's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that District Copper Corp has held for over one year. Long-term debt appears on District Copper Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on District Copper Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net 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

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