District Total Current Assets vs Non Currrent Assets Other 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 Current Assets and its Non Currrent Assets Other 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 Current Assets vs Non Currrent Assets Other
Total Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between District Copper's Total Current Assets and Non Currrent Assets Other is -0.38. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other 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 Current Assets and Non Currrent Assets Other 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 Current Assets of District Copper Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., District Copper's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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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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.