Fjordland Property Plant Equipment vs Total Current Liabilities Analysis

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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 Property Plant Equipment and its Total Current Liabilities 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.

Property Plant Equipment vs Total Current Liabilities

Property Plant Equipment vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fjordland Exploration Property Plant Equipment account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fjordland Exploration's Property Plant Equipment and Total Current Liabilities is -0.02. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Liabilities 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 Property Plant Equipment and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Fjordland Exploration are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant Equipment i.e., Fjordland Exploration's Property Plant Equipment and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Total Current Liabilities

Total Current Liabilities is an item on Fjordland Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fjordland Exploration are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

-0.590.141.00.91-0.870.710.820.050.440.840.190.80.940.860.730.730.970.820.80.67-0.220.720.790.580.79
-0.59-0.17-0.58-0.620.65-0.35-0.38-0.23-0.05-0.47-0.19-0.37-0.61-0.63-0.85-0.85-0.59-0.45-0.44-0.340.31-0.46-0.48-0.32-0.48
0.14-0.170.10.010.060.680.290.090.3-0.160.990.3-0.02-0.02-0.01-0.010.05-0.320.20.550.610.070.210.060.21
1.0-0.580.10.91-0.870.680.810.050.430.850.150.80.950.860.740.740.970.840.790.65-0.240.720.780.570.78
0.91-0.620.010.91-0.970.570.69-0.050.370.770.050.680.930.980.690.690.940.770.830.67-0.350.830.840.590.84
-0.870.650.06-0.87-0.97-0.45-0.660.18-0.18-0.810.01-0.64-0.89-0.96-0.75-0.75-0.9-0.83-0.76-0.570.4-0.76-0.79-0.65-0.79
0.71-0.350.680.680.57-0.450.760.320.720.410.710.780.50.490.320.320.610.230.50.690.280.370.530.380.53
0.82-0.380.290.810.69-0.660.760.230.620.840.31.00.630.550.550.550.660.60.460.480.280.350.410.250.41
0.05-0.230.090.05-0.050.180.320.230.630.060.060.27-0.09-0.150.090.09-0.08-0.23-0.34-0.260.17-0.33-0.35-0.33-0.35
0.44-0.050.30.430.37-0.180.720.620.630.290.270.660.30.250.10.10.320.00.210.310.330.180.14-0.140.14
0.84-0.47-0.160.850.77-0.810.410.840.060.29-0.120.810.780.680.710.710.750.890.50.29-0.160.450.450.430.45
0.19-0.190.990.150.050.010.710.30.060.27-0.120.310.020.030.030.030.11-0.260.230.570.540.10.260.170.26
0.8-0.370.30.80.68-0.640.781.00.270.660.810.310.620.540.520.520.640.560.450.470.30.340.390.230.39
0.94-0.61-0.020.950.93-0.890.50.63-0.090.30.780.020.620.910.760.760.970.840.890.67-0.390.870.850.540.85
0.86-0.63-0.020.860.98-0.960.490.55-0.150.250.680.030.540.910.660.660.930.740.850.68-0.460.880.890.650.89
0.73-0.85-0.010.740.69-0.750.320.550.090.10.710.030.520.760.661.00.70.70.50.29-0.350.480.480.390.48
0.73-0.85-0.010.740.69-0.750.320.550.090.10.710.030.520.760.661.00.70.70.50.29-0.350.480.480.390.48
0.97-0.590.050.970.94-0.90.610.66-0.080.320.750.110.640.970.930.70.70.830.870.71-0.40.830.890.670.89
0.82-0.45-0.320.840.77-0.830.230.6-0.230.00.89-0.260.560.840.740.70.70.830.640.35-0.440.590.620.570.62
0.8-0.440.20.790.83-0.760.50.46-0.340.210.50.230.450.890.850.50.50.870.640.9-0.240.970.960.520.96
0.67-0.340.550.650.67-0.570.690.48-0.260.310.290.570.470.670.680.290.290.710.350.90.10.820.880.420.88
-0.220.310.61-0.24-0.350.40.280.280.170.33-0.160.540.3-0.39-0.46-0.35-0.35-0.4-0.44-0.240.1-0.34-0.36-0.55-0.36
0.72-0.460.070.720.83-0.760.370.35-0.330.180.450.10.340.870.880.480.480.830.590.970.82-0.340.930.460.93
0.79-0.480.210.780.84-0.790.530.41-0.350.140.450.260.390.850.890.480.480.890.620.960.88-0.360.930.671.0
0.58-0.320.060.570.59-0.650.380.25-0.33-0.140.430.170.230.540.650.390.390.670.570.520.42-0.550.460.670.67
0.79-0.480.210.780.84-0.790.530.41-0.350.140.450.260.390.850.890.480.480.890.620.960.88-0.360.931.00.67
Click cells to compare fundamentals

Fjordland Exploration Account Relationship Matchups

Fjordland Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M2.4M4.5M5.0M4.3M2.6M
Total Current Liabilities42.1K66.2K282.9K279.5K91.2K133.0K
Total Stockholder Equity2.3M2.3M4.2M4.7M4.2M2.4M
Net Tangible Assets2.3M2.3M4.2M4.7M5.4M5.7M
Retained Earnings(17.1M)(17.4M)(18.2M)(18.2M)(18.5M)(19.4M)
Accounts Payable1.3K4.1K179.6K213.8K36.5K70.7K
Cash686.0K310.7K1.7M894.6K435.1K638.4K
Other Assets184.2K99.8K15.2K17.5K15.7K15.0K
Net Receivables38.2K4.4K84.8K46.3K53.2K47.8K
Other Stockholder Equity757.2K792.6K1.1M639.8K735.7K656.4K
Total Liab42.1K94.0K282.9K307.2K91.2K137.0K
Total Current Assets724.4K315.3K1.8M948.0K463.1K688.3K
Common Stock18.7M18.9M21.4M22.3M25.7M19.7M
Property Plant Equipment1.6M2.0M2.7M4.1M4.7M4.9M
Non Current Assets Total1.7M2.0M2.7M4.1M3.8M2.5M
Common Stock Shares Outstanding47.8M50.1M75.3M82.9M95.4M68.2M
Net Invested Capital2.3M2.3M4.2M4.7M4.2M3.6M
Net Working Capital682.2K249.0K1.5M668.5K371.9K601.5K
Capital Stock18.7M18.9M21.4M22.3M25.7M22.4M

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