Faraday Investments vs Change To Account Receivables Analysis
FDY Stock | CAD 0.83 0.03 3.49% |
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 Investments and its Change To Account Receivables 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.
Investments vs Change To Account Receivables
Investments vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Copper Corp Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Faraday Copper's Investments and Change To Account Receivables is 0.61. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables 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 Investments and Change To Account 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 Investments of Faraday Copper Corp are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., Faraday Copper's Investments and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Change To Account Receivables
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 29th 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
Click cells to compare fundamentals
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 | |
Other Current Liab | 70K | 89.0K | 163.9K | 3.2M | 2.5M | 2.6M | |
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 | |
Accounts Payable | 603.8K | 423.4K | 366.5K | 526.8K | 605.9K | 636.2K | |
Non Currrent Assets Other | 8.4K | 8.4K | 8.3K | 379.3K | 77.4K | 61.0K | |
Other Current Assets | 9.9K | 30.8K | 32.2K | 160.3K | 242.3K | 254.4K | |
Accumulated Other Comprehensive Income | 23.9M | 24.2M | 27.3M | 16.8M | 16.8M | 18.9M | |
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.