Durango Total Liab vs Net Receivables Analysis

DGO Stock

CAD 0.03 0.01 25.00%

Durango Resources financial indicator trend analysis is much more than just examining Durango Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Durango Resources is a good investment. Please check the relationship between Durango Resources Total Liab and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Durango Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Net Receivables

Total Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Durango Resources Total Liab account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Durango Resources' Total Liab and Net Receivables is -0.25. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Durango Resources, assuming nothing else is changed. The correlation between historical values of Durango Resources' Total Liab 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 Total Liab of Durango Resources 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 Total Liab i.e., Durango Resources' Total Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Receivables

Most indicators from Durango Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Durango Resources 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 Durango Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Durango Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (8.78).

Durango Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Other Assets	Inventory	Other Current Assets	Common Stock	Net Tangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital	Short Long Term Debt Total
Total Assets		0.02	0.99	0.94	-0.65	-0.12	0.65	0.94	-0.38	0.78	0.5	0.29	-0.34	0.02	0.85	0.14	0.17	0.0	-0.48	0.49	0.44	0.9	0.85	0.23	-0.05	0.07
Total Current Liabilities	0.02		-0.1	-0.06	-0.41	-0.59	0.39	-0.07	-0.15	0.19	-0.25	0.73	-0.17	1.0	0.16	0.95	-0.12	-0.11	0.25	-0.25	0.45	-0.1	-0.09	-0.55	-0.6	-0.5
Total Stockholder Equity	0.99	-0.1		0.94	-0.6	-0.05	0.58	0.94	-0.35	0.74	0.53	0.2	-0.31	-0.1	0.81	0.03	0.17	0.0	-0.51	0.51	0.36	0.92	0.87	0.3	0.03	0.12
Property Plant And Equipment Net	0.94	-0.06	0.94		-0.42	-0.07	0.41	1.0	-0.4	0.52	0.66	0.21	-0.13	-0.06	0.61	0.08	0.11	0.12	-0.64	0.64	0.3	0.82	0.88	0.36	0.02	0.12
Net Debt	-0.65	-0.41	-0.6	-0.42		0.45	-0.97	-0.42	0.34	-0.87	0.08	-0.55	0.58	-0.41	-0.85	-0.39	-0.02	0.22	-0.1	0.09	-0.67	-0.54	-0.33	0.32	0.37	0.31
Retained Earnings	-0.12	-0.59	-0.05	-0.07	0.45		-0.44	-0.05	0.49	-0.17	-0.19	-0.9	0.33	-0.59	-0.2	-0.56	0.2	-0.1	0.18	-0.18	-0.84	-0.04	-0.01	0.8	0.89	0.81
Cash	0.65	0.39	0.58	0.41	-0.97	-0.44		0.4	-0.35	0.88	-0.07	0.52	-0.6	0.39	0.86	0.37	0.08	-0.2	0.08	-0.08	0.72	0.5	0.29	-0.34	-0.37	-0.29
Non Current Assets Total	0.94	-0.07	0.94	1.0	-0.42	-0.05	0.4		-0.36	0.51	0.67	0.21	-0.14	-0.07	0.61	0.07	0.1	0.12	-0.64	0.65	0.29	0.82	0.89	0.37	0.03	0.13
Non Currrent Assets Other	-0.38	-0.15	-0.35	-0.4	0.34	0.49	-0.35	-0.36		-0.3	-0.07	-0.26	-0.29	-0.15	-0.31	-0.19	-0.08	-0.05	0.03	-0.03	-0.31	-0.18	-0.13	0.16	0.19	0.13
Cash And Short Term Investments	0.78	0.19	0.74	0.52	-0.87	-0.17	0.88	0.51	-0.3		-0.02	0.3	-0.53	0.19	0.99	0.23	0.22	-0.25	0.02	-0.02	0.52	0.72	0.48	-0.06	-0.12	-0.01
Net Receivables	0.5	-0.25	0.53	0.66	0.08	-0.19	-0.07	0.67	-0.07	-0.02		0.23	-0.19	-0.25	0.13	-0.17	0.13	0.51	-1.0	1.0	0.32	0.56	0.72	0.13	-0.23	-0.17
Common Stock Shares Outstanding	0.29	0.73	0.2	0.21	-0.55	-0.9	0.52	0.21	-0.26	0.3	0.23		-0.46	0.73	0.34	0.74	-0.29	-0.02	-0.22	0.23	0.85	0.22	0.2	-0.71	-0.88	-0.78
Other Stockholder Equity	-0.34	-0.17	-0.31	-0.13	0.58	0.33	-0.6	-0.14	-0.29	-0.53	-0.19	-0.46		-0.17	-0.56	-0.12	-0.21	0.12	0.21	-0.21	-0.72	-0.46	-0.31	0.42	0.5	0.43
Total Liab	0.02	1.0	-0.1	-0.06	-0.41	-0.59	0.39	-0.07	-0.15	0.19	-0.25	0.73	-0.17		0.16	0.95	-0.12	-0.11	0.25	-0.25	0.45	-0.1	-0.09	-0.55	-0.6	-0.5
Total Current Assets	0.85	0.16	0.81	0.61	-0.85	-0.2	0.86	0.61	-0.31	0.99	0.13	0.34	-0.56	0.16		0.21	0.23	-0.18	-0.12	0.12	0.56	0.8	0.59	-0.04	-0.16	-0.04
Other Current Liab	0.14	0.95	0.03	0.08	-0.39	-0.56	0.37	0.07	-0.19	0.23	-0.17	0.74	-0.12	0.95	0.21		-0.27	-0.28	0.18	-0.17	0.43	0.01	0.03	-0.43	-0.53	-0.42
Accounts Payable	0.17	-0.12	0.17	0.11	-0.02	0.2	0.08	0.1	-0.08	0.22	0.13	-0.29	-0.21	-0.12	0.23	-0.27		0.37	-0.13	0.13	-0.01	0.22	0.17	0.07	0.07	0.2
Other Assets	0.0	-0.11	0.0	0.12	0.22	-0.1	-0.2	0.12	-0.05	-0.25	0.51	-0.02	0.12	-0.11	-0.18	-0.28	0.37		-0.51	0.51	0.02	0.05	0.17	0.01	-0.12	-0.1
Inventory	-0.48	0.25	-0.51	-0.64	-0.1	0.18	0.08	-0.64	0.03	0.02	-1.0	-0.22	0.21	0.25	-0.12	0.18	-0.13	-0.51		-1.0	-0.32	-0.56	-0.72	-0.13	0.23	0.17
Other Current Assets	0.49	-0.25	0.51	0.64	0.09	-0.18	-0.08	0.65	-0.03	-0.02	1.0	0.23	-0.21	-0.25	0.12	-0.17	0.13	0.51	-1.0		0.33	0.56	0.72	0.13	-0.24	-0.17
Common Stock	0.44	0.45	0.36	0.3	-0.67	-0.84	0.72	0.29	-0.31	0.52	0.32	0.85	-0.72	0.45	0.56	0.43	-0.01	0.02	-0.32	0.33		0.39	0.3	-0.68	-0.81	-0.7
Net Tangible Assets	0.9	-0.1	0.92	0.82	-0.54	-0.04	0.5	0.82	-0.18	0.72	0.56	0.22	-0.46	-0.1	0.8	0.01	0.22	0.05	-0.56	0.56	0.39		0.94	0.3	0.0	0.1
Property Plant Equipment	0.85	-0.09	0.87	0.88	-0.33	-0.01	0.29	0.89	-0.13	0.48	0.72	0.2	-0.31	-0.09	0.59	0.03	0.17	0.17	-0.72	0.72	0.3	0.94		0.41	0.04	0.14
Net Invested Capital	0.23	-0.55	0.3	0.36	0.32	0.8	-0.34	0.37	0.16	-0.06	0.13	-0.71	0.42	-0.55	-0.04	-0.43	0.07	0.01	-0.13	0.13	-0.68	0.3	0.41		0.91	0.89
Net Working Capital	-0.05	-0.6	0.03	0.02	0.37	0.89	-0.37	0.03	0.19	-0.12	-0.23	-0.88	0.5	-0.6	-0.16	-0.53	0.07	-0.12	0.23	-0.24	-0.81	0.0	0.04	0.91		0.93
Short Long Term Debt Total	0.07	-0.5	0.12	0.12	0.31	0.81	-0.29	0.13	0.13	-0.01	-0.17	-0.78	0.43	-0.5	-0.04	-0.42	0.2	-0.1	0.17	-0.17	-0.7	0.1	0.14	0.89	0.93

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Durango Resources Account Relationship Matchups

Durango Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	958.5K	2.9M	987.6K	1.6M	1.8M	1.7M
Total Current Liabilities	286.0K	98.0K	143.5K	468.9K	539.2K	566.2K
Total Stockholder Equity	672.6K	2.8M	844.1K	1.1M	1.3M	1.6M
Property Plant And Equipment Net	445.7K	2.4M	720.0K	927.4K	1.1M	1.2M
Net Debt	(441.9K)	(289.9K)	(197.9K)	(615.6K)	(554.0K)	(581.7K)
Retained Earnings	(7.6M)	(8.0M)	(10.3M)	(10.6M)	(9.6M)	(9.1M)
Cash	476.4K	289.9K	197.9K	615.6K	707.9K	416.3K
Non Current Assets Total	465.7K	2.4M	730.0K	937.4K	1.1M	1.2M
Cash And Short Term Investments	476.4K	289.9K	197.9K	615.6K	707.9K	503.1K
Net Receivables	16.4K	238.0K	59.7K	6.6K	7.6K	7.2K
Common Stock Shares Outstanding	43.6M	72.7M	77.8M	89.5M	102.9M	108.0M
Liabilities And Stockholders Equity	958.5K	2.9M	987.6K	1.6M	1.8M	1.7M
Other Stockholder Equity	825.4K	1.2M	1.2M	1.2M	1.1M	1.7M
Total Liab	286.0K	98.0K	143.5K	468.9K	539.2K	566.2K
Total Current Assets	492.8K	527.9K	257.6K	622.2K	715.5K	544.9K
Other Current Liab	28.0K	28.0K	109.5K	441.0K	507.2K	532.5K
Accounts Payable	223.5K	70.0K	34.0K	27.9K	32.1K	30.5K
Inventory	(16.36)	(238.04)	(59.74)	(6.6)	(5.94)	(6.24)
Other Current Assets	16.36	238.04	59.74	6.6	7.59	7.21
Common Stock	7.5M	9.6M	10.0M	10.5M	12.1M	6.5M
Net Tangible Assets	640.9K	672.6K	2.8M	844.1K	970.8K	1.7M
Property Plant Equipment	412.7K	445.7K	2.4M	720.0K	828.0K	1.3M
Net Invested Capital	707.1K	2.8M	844.1K	1.1M	981.6K	1.4M
Net Working Capital	206.8K	430.0K	114.1K	153.3K	138.0K	131.1K
Capital Stock	7.5M	9.6M	10.0M	10.5M	12.1M	9.5M

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