District Total Assets vs Net Debt 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 Total Assets and its Net Debt 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.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Total Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between District Copper's Total Assets and Net Debt is 0.23. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of District Copper Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., District Copper's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of District Copper assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in District Copper Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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
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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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