District Net Debt vs Non Current Assets Total 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 Net Debt and its Non Current Assets Total 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.
Net Debt vs Non Current Assets Total
Net Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between District Copper's Net Debt and Non Current Assets Total is 0.26. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total 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 Net Debt and Non Current Assets Total 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 Debt of District Copper Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., District Copper's Net Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible 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
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District Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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