Fjordland Net Invested Capital vs Capital Stock Analysis
FEX Stock | CAD 0.01 0.00 0.00% |
Fjordland Exploration financial indicator trend analysis is much more than just examining Fjordland Exploration latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fjordland Exploration is a good investment. Please check the relationship between Fjordland Exploration Net Invested Capital and its Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fjordland Exploration. 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.
Net Invested Capital vs Capital Stock
Net Invested Capital vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fjordland Exploration Net Invested Capital account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fjordland Exploration's Net Invested Capital and Capital Stock is 0.82. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Fjordland Exploration, assuming nothing else is changed. The correlation between historical values of Fjordland Exploration's Net Invested Capital and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Fjordland Exploration are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Invested Capital i.e., Fjordland Exploration's Net Invested Capital and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Fjordland Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fjordland Exploration 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 Fjordland Exploration. 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. Selling General Administrative is likely to climb to about 420.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Fjordland Exploration fundamental ratios Correlations
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Fjordland Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fjordland Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4M | 2.4M | 4.5M | 5.0M | 4.3M | 2.6M | |
Total Current Liabilities | 42.1K | 66.2K | 282.9K | 279.5K | 91.2K | 133.0K | |
Total Stockholder Equity | 2.3M | 2.3M | 4.2M | 4.7M | 4.2M | 2.4M | |
Net Tangible Assets | 2.3M | 2.3M | 4.2M | 4.7M | 5.4M | 5.7M | |
Retained Earnings | (17.1M) | (17.4M) | (18.2M) | (18.2M) | (18.5M) | (19.4M) | |
Accounts Payable | 1.3K | 4.1K | 179.6K | 213.8K | 36.5K | 70.7K | |
Cash | 686.0K | 310.7K | 1.7M | 894.6K | 435.1K | 638.4K | |
Other Assets | 184.2K | 99.8K | 15.2K | 17.5K | 15.7K | 15.0K | |
Net Receivables | 38.2K | 4.4K | 84.8K | 46.3K | 53.2K | 47.8K | |
Other Stockholder Equity | 757.2K | 792.6K | 1.1M | 639.8K | 735.7K | 656.4K | |
Total Liab | 42.1K | 94.0K | 282.9K | 307.2K | 91.2K | 137.0K | |
Total Current Assets | 724.4K | 315.3K | 1.8M | 948.0K | 463.1K | 688.3K | |
Common Stock | 18.7M | 18.9M | 21.4M | 22.3M | 25.7M | 19.7M | |
Property Plant Equipment | 1.6M | 2.0M | 2.7M | 4.1M | 4.7M | 4.9M | |
Non Current Assets Total | 1.7M | 2.0M | 2.7M | 4.1M | 3.8M | 2.5M | |
Common Stock Shares Outstanding | 47.8M | 50.1M | 75.3M | 82.9M | 95.4M | 68.2M | |
Net Invested Capital | 2.3M | 2.3M | 4.2M | 4.7M | 4.2M | 3.6M | |
Net Working Capital | 682.2K | 249.0K | 1.5M | 668.5K | 371.9K | 601.5K | |
Capital Stock | 18.7M | 18.9M | 21.4M | 22.3M | 25.7M | 22.4M |
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