Faraday Short Term Investments vs Total Assets Analysis

FDY Stock  CAD 0.87  0.03  3.33%   
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 Total Assets 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 Total Assets

Short Term Investments vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Faraday Copper's Short Term Investments and Total Assets is -0.41. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., Faraday Copper's Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Total Assets

Total assets refers to the total amount of Faraday Copper assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Faraday Copper Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 25th 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.