Faraday Cash vs Current Deferred Revenue Analysis
FDY Stock | CAD 0.91 0.02 2.15% |
Faraday Copper financial indicator trend analysis is much more than just examining Faraday Copper Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Faraday Copper Corp is a good investment. Please check the relationship between Faraday Copper Cash and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faraday 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 board of governors.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Copper Corp Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Faraday Copper's Cash and Current Deferred Revenue is 0.59. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Faraday Copper Corp, assuming nothing else is changed. The correlation between historical values of Faraday Copper's Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Faraday Copper Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Faraday Copper's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Faraday Copper Corp, which is listed under current asset account on Faraday Copper Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Faraday Copper customers. The amounts must be unrestricted with restricted cash listed in a different Faraday Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Faraday Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Faraday 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 Faraday 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 board of governors. At this time, Faraday Copper's Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 49.1 M, while Selling General Administrative is likely to drop about 1.8 M.
Faraday Copper fundamental ratios Correlations
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Faraday Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Faraday Copper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.7M | 5.9M | 11.2M | 32.1M | 36.6M | 38.4M | |
Total Current Liabilities | 609.4K | 782.1K | 690.7K | 3.2M | 2.5M | 1.8M | |
Total Stockholder Equity | 4.8M | 4.9M | 10.5M | 29.0M | 34.1M | 35.8M | |
Property Plant And Equipment Net | 5.6M | 5.8M | 7.0M | 21.9M | 21.2M | 22.3M | |
Net Debt | 311.7K | 465.9K | (4.2M) | (9.5M) | (14.9M) | (14.2M) | |
Retained Earnings | (43.7M) | (44.7M) | (50.1M) | (42.0M) | (77.5M) | (73.6M) | |
Cash | 16.2K | 36.4K | 4.2M | 9.5M | 14.9M | 15.6M | |
Non Current Assets Total | 5.6M | 5.8M | 7.0M | 22.3M | 21.3M | 22.4M | |
Cash And Short Term Investments | 16.2K | 36.4K | 4.2M | 9.5M | 14.9M | 15.6M | |
Net Receivables | 39.5K | 22.9K | 33.1K | 106.4K | 137.2K | 144.1K | |
Common Stock Shares Outstanding | 72.1M | 76.6M | 85.7M | 114.0M | 169.6M | 178.1M | |
Liabilities And Stockholders Equity | 5.7M | 5.9M | 11.2M | 32.1M | 36.6M | 38.4M | |
Total Liab | 872.4K | 957.7K | 730.7K | 3.2M | 2.5M | 1.8M | |
Total Current Assets | 65.6K | 90.1K | 4.3M | 9.8M | 15.3M | 16.0M | |
Non Currrent Assets Other | 8.4K | 8.4K | 8.3K | 379.3K | 77.4K | 61.0K | |
Other Current Liab | 70K | 89.0K | 163.9K | 3.2M | 2.5M | 1.8M | |
Accounts Payable | 603.8K | 423.4K | 366.5K | 526.8K | 605.9K | 636.2K | |
Accumulated Other Comprehensive Income | 23.9M | 24.2M | 27.3M | 16.8M | 16.8M | 18.9M | |
Other Current Assets | 9.9K | 30.8K | 32.2K | 160.3K | 242.3K | 254.4K | |
Common Stock | 24.6M | 25.5M | 33.3M | 54.2M | 94.8M | 99.5M |
Other Information on Investing in Faraday Stock
Balance Sheet is a snapshot of the financial position of Faraday Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Faraday Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Faraday Copper and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Faraday currently owns. An asset can also be divided into two categories, current and non-current.