Faraday Short Term Investments 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 Short Term Investments 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.

Short Term Investments vs Current Deferred Revenue

Short Term Investments 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 Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Faraday Copper's Short Term Investments and Current Deferred Revenue is -0.32. Overlapping area represents the amount of variation of Short Term Investments 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 Short Term Investments 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 Short Term Investments 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 Short Term Investments i.e., Faraday Copper's Short Term Investments and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Faraday Copper balance sheet. It contains any investments Faraday Copper Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Faraday Copper Corp can easily liquidate in the marketplace.

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

0.210.90.96-0.93-0.750.930.960.930.590.860.320.210.930.53-0.410.230.690.920.890.36-0.480.53-0.550.750.93
0.21-0.240.360.010.17-0.010.36-0.01-0.09-0.12-0.021.0-0.020.08-0.161.0-0.18-0.01-0.08-0.28-0.08-0.1-0.09-0.060.0
0.9-0.240.79-0.92-0.820.930.790.930.630.90.33-0.240.930.49-0.33-0.230.760.920.920.49-0.450.57-0.510.770.93
0.960.360.79-0.79-0.670.791.00.790.520.740.390.360.790.52-0.50.370.650.790.770.34-0.410.44-0.480.620.81
-0.930.01-0.92-0.790.76-1.0-0.79-1.0-0.6-0.9-0.180.01-1.0-0.480.23-0.01-0.64-0.98-0.94-0.360.54-0.590.6-0.82-0.99
-0.750.17-0.82-0.670.76-0.78-0.66-0.78-0.61-0.94-0.70.17-0.78-0.120.560.18-0.87-0.77-0.9-0.780.12-0.750.16-0.79-0.74
0.93-0.010.930.79-1.0-0.780.791.00.60.910.19-0.021.00.46-0.230.00.650.980.950.35-0.510.59-0.580.830.99
0.960.360.791.0-0.79-0.660.790.790.520.740.390.360.790.53-0.50.370.650.790.770.33-0.410.44-0.480.620.81
0.93-0.010.930.79-1.0-0.781.00.790.60.910.19-0.021.00.46-0.230.00.650.980.950.35-0.510.59-0.580.830.99
0.59-0.090.630.52-0.6-0.610.60.520.60.60.22-0.090.610.23-0.4-0.080.380.60.560.53-0.350.26-0.380.410.61
0.86-0.120.90.74-0.9-0.940.910.740.910.60.52-0.110.910.33-0.41-0.110.860.910.980.63-0.230.77-0.30.880.9
0.32-0.020.330.39-0.18-0.70.190.390.190.220.52-0.010.19-0.07-0.69-0.050.760.180.410.780.230.640.250.450.17
0.211.0-0.240.360.010.17-0.020.36-0.02-0.09-0.11-0.01-0.020.07-0.161.0-0.18-0.01-0.08-0.28-0.07-0.09-0.07-0.060.0
0.93-0.020.930.79-1.0-0.781.00.791.00.610.910.19-0.020.46-0.230.00.650.980.950.36-0.510.59-0.580.820.99
0.530.080.490.52-0.48-0.120.460.530.460.230.33-0.070.070.46-0.010.090.240.470.340.08-0.350.34-0.420.390.57
-0.41-0.16-0.33-0.50.230.56-0.23-0.5-0.23-0.4-0.41-0.69-0.16-0.23-0.01-0.15-0.48-0.23-0.33-0.56-0.04-0.32-0.03-0.29-0.22
0.231.0-0.230.37-0.010.180.00.370.0-0.08-0.11-0.051.00.00.09-0.15-0.20.01-0.08-0.3-0.1-0.11-0.11-0.060.02
0.69-0.180.760.65-0.64-0.870.650.650.650.380.860.76-0.180.650.24-0.48-0.20.670.820.75-0.140.69-0.140.70.65
0.92-0.010.920.79-0.98-0.770.980.790.980.60.910.18-0.010.980.47-0.230.010.670.960.38-0.430.57-0.540.80.98
0.89-0.080.920.77-0.94-0.90.950.770.950.560.980.41-0.080.950.34-0.33-0.080.820.960.54-0.320.69-0.390.850.94
0.36-0.280.490.34-0.36-0.780.350.330.350.530.630.78-0.280.360.08-0.56-0.30.750.380.540.060.60.050.470.36
-0.48-0.08-0.45-0.410.540.12-0.51-0.41-0.51-0.35-0.230.23-0.07-0.51-0.35-0.04-0.1-0.14-0.43-0.320.060.140.86-0.15-0.5
0.53-0.10.570.44-0.59-0.750.590.440.590.260.770.64-0.090.590.34-0.32-0.110.690.570.690.60.140.120.810.6
-0.55-0.09-0.51-0.480.60.16-0.58-0.48-0.58-0.38-0.30.25-0.07-0.58-0.42-0.03-0.11-0.14-0.54-0.390.050.860.12-0.36-0.58
0.75-0.060.770.62-0.82-0.790.830.620.830.410.880.45-0.060.820.39-0.29-0.060.70.80.850.47-0.150.81-0.360.82
0.930.00.930.81-0.99-0.740.990.810.990.610.90.170.00.990.57-0.220.020.650.980.940.36-0.50.6-0.580.82
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Faraday Copper Account Relationship Matchups

Faraday Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7M5.9M11.2M32.1M36.6M38.4M
Total Current Liabilities609.4K782.1K690.7K3.2M2.5M1.8M
Total Stockholder Equity4.8M4.9M10.5M29.0M34.1M35.8M
Property Plant And Equipment Net5.6M5.8M7.0M21.9M21.2M22.3M
Net Debt311.7K465.9K(4.2M)(9.5M)(14.9M)(14.2M)
Retained Earnings(43.7M)(44.7M)(50.1M)(42.0M)(77.5M)(73.6M)
Cash16.2K36.4K4.2M9.5M14.9M15.6M
Non Current Assets Total5.6M5.8M7.0M22.3M21.3M22.4M
Cash And Short Term Investments16.2K36.4K4.2M9.5M14.9M15.6M
Net Receivables39.5K22.9K33.1K106.4K137.2K144.1K
Common Stock Shares Outstanding72.1M76.6M85.7M114.0M169.6M178.1M
Liabilities And Stockholders Equity5.7M5.9M11.2M32.1M36.6M38.4M
Total Liab872.4K957.7K730.7K3.2M2.5M1.8M
Total Current Assets65.6K90.1K4.3M9.8M15.3M16.0M
Non Currrent Assets Other8.4K8.4K8.3K379.3K77.4K61.0K
Other Current Liab70K89.0K163.9K3.2M2.5M1.8M
Accounts Payable603.8K423.4K366.5K526.8K605.9K636.2K
Accumulated Other Comprehensive Income23.9M24.2M27.3M16.8M16.8M18.9M
Other Current Assets9.9K30.8K32.2K160.3K242.3K254.4K
Common Stock24.6M25.5M33.3M54.2M94.8M99.5M

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.