District Retained Earnings vs Common Stock Shares Outstanding 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 Retained Earnings and its Common Stock Shares Outstanding 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.
Retained Earnings vs Common Stock Shares Outstanding
Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between District Copper's Retained Earnings and Common Stock Shares Outstanding is -0.9. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding 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 Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of District Copper Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., District Copper's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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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