Fidelity Total Current Liabilities vs Net Invested Capital Analysis

FMN Stock

CAD 0.04 0.01 18.18%

Fidelity Minerals financial indicator trend analysis is much more than just examining Fidelity Minerals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity Minerals Corp is a good investment. Please check the relationship between Fidelity Minerals Total Current Liabilities and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Minerals 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.

Total Current Liabilities vs Net Invested Capital

Total Current Liabilities vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelity Minerals Corp Total Current Liabilities account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Fidelity Minerals' Total Current Liabilities and Net Invested Capital is 0.4. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Fidelity Minerals Corp, assuming nothing else is changed. The correlation between historical values of Fidelity Minerals' Total Current Liabilities and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Fidelity Minerals Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Liabilities i.e., Fidelity Minerals' Total Current Liabilities and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

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Total Current Liabilities

Total Current Liabilities is an item on Fidelity Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fidelity Minerals Corp 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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Fidelity Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity Minerals 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 Fidelity Minerals 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.

Selling General Administrative is likely to climb to about 1.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Fidelity Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt	Short Term Debt	Other Current Liab	Long Term Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Net Debt	Capital Stock	Property Plant And Equipment Gross	Property Plant And Equipment Net
Total Assets		0.47	0.97	0.91	-0.89	0.43	0.36	-0.6	0.21	-0.29	0.97	0.43	0.15	0.97	0.96	0.22	0.27	-0.88	-0.29	0.85	0.98	0.45	-0.84	0.96	-0.29	0.79
Total Current Liabilities	0.47		0.25	0.31	-0.64	0.85	-0.21	-0.74	0.01	-0.27	0.56	0.99	-0.18	0.57	0.53	0.71	0.8	-0.57	-0.27	0.39	0.4	-0.13	-0.45	0.43	-0.27	0.34
Total Stockholder Equity	0.97	0.25		0.92	-0.8	0.24	0.45	-0.46	0.23	-0.24	0.91	0.19	0.21	0.91	0.91	0.05	0.08	-0.82	-0.24	0.83	0.97	0.54	-0.8	0.93	-0.24	0.76
Net Tangible Assets	0.91	0.31	0.92		-0.86	0.27	0.23	-0.49	0.12	-0.58	0.86	0.27	0.04	0.87	0.87	0.06	0.19	-0.84	-0.58	0.95	0.94	0.34	-0.81	0.95	-0.58	0.85
Retained Earnings	-0.89	-0.64	-0.8	-0.86		-0.6	-0.14	0.84	-0.19	0.44	-0.95	-0.61	-0.06	-0.94	-0.91	-0.45	-0.56	0.94	0.44	-0.89	-0.91	-0.39	0.81	-0.9	0.44	-0.76
Accounts Payable	0.43	0.85	0.24	0.27	-0.6		0.13	-0.75	0.25	-0.17	0.5	0.86	0.15	0.49	0.45	0.61	0.75	-0.59	-0.17	0.25	0.38	0.18	-0.61	0.31	-0.17	0.07
Cash	0.36	-0.21	0.45	0.23	-0.14	0.13		-0.05	0.0	0.32	0.26	-0.22	0.22	0.27	0.31	-0.01	-0.15	-0.26	0.32	0.07	0.36	0.49	-0.32	0.2	0.32	0.02
Other Assets	-0.6	-0.74	-0.46	-0.49	0.84	-0.75	-0.05		-0.19	0.26	-0.76	-0.73	-0.07	-0.75	-0.72	-0.6	-0.68	0.75	0.26	-0.59	-0.65	-0.34	0.62	-0.61	0.26	-0.47
Net Receivables	0.21	0.01	0.23	0.12	-0.19	0.25	0.0	-0.19		0.15	0.25	0.0	0.96	0.21	0.09	-0.22	0.01	-0.28	0.15	0.03	0.2	0.77	-0.48	0.12	0.15	-0.19
Other Current Assets	-0.29	-0.27	-0.24	-0.58	0.44	-0.17	0.32	0.26	0.15		-0.27	-0.26	0.31	-0.28	-0.3	-0.04	-0.3	0.37	1.0	-0.65	-0.35	0.23	0.36	-0.46	1.0	-0.55
Other Stockholder Equity	0.97	0.56	0.91	0.86	-0.95	0.5	0.26	-0.76	0.25	-0.27		0.52	0.16	1.0	0.97	0.37	0.42	-0.92	-0.27	0.85	0.96	0.49	-0.8	0.94	-0.27	0.78
Total Liab	0.43	0.99	0.19	0.27	-0.61	0.86	-0.22	-0.73	0.0	-0.26	0.52		-0.18	0.52	0.49	0.73	0.82	-0.51	-0.26	0.35	0.35	-0.14	-0.4	0.38	-0.26	0.31
Total Current Assets	0.15	-0.18	0.21	0.04	-0.06	0.15	0.22	-0.07	0.96	0.31	0.16	-0.18		0.13	0.02	-0.3	-0.14	-0.19	0.31	-0.1	0.14	0.84	-0.41	0.02	0.31	-0.3
Common Stock	0.97	0.57	0.91	0.87	-0.94	0.49	0.27	-0.75	0.21	-0.28	1.0	0.52	0.13		0.98	0.35	0.39	-0.92	-0.28	0.86	0.97	0.45	-0.8	0.95	-0.28	0.8
Property Plant Equipment	0.96	0.53	0.91	0.87	-0.91	0.45	0.31	-0.72	0.09	-0.3	0.97	0.49	0.02	0.98		0.28	0.3	-0.87	-0.3	0.86	0.97	0.37	-0.79	0.96	-0.3	0.82
Short Long Term Debt	0.22	0.71	0.05	0.06	-0.45	0.61	-0.01	-0.6	-0.22	-0.04	0.37	0.73	-0.3	0.35	0.28		0.91	-0.39	-0.04	0.19	0.16	-0.05	-0.02	0.16	-0.04	0.2
Short Term Debt	0.27	0.8	0.08	0.19	-0.56	0.75	-0.15	-0.68	0.01	-0.3	0.42	0.82	-0.14	0.39	0.3	0.91		-0.51	-0.3	0.31	0.22	0.01	-0.22	0.23	-0.3	0.22
Other Current Liab	-0.88	-0.57	-0.82	-0.84	0.94	-0.59	-0.26	0.75	-0.28	0.37	-0.92	-0.51	-0.19	-0.92	-0.87	-0.39	-0.51		0.37	-0.81	-0.89	-0.47	0.86	-0.85	0.37	-0.65
Long Term Debt	-0.29	-0.27	-0.24	-0.58	0.44	-0.17	0.32	0.26	0.15	1.0	-0.27	-0.26	0.31	-0.28	-0.3	-0.04	-0.3	0.37		-0.65	-0.35	0.23	0.36	-0.46	1.0	-0.55
Common Stock Shares Outstanding	0.85	0.39	0.83	0.95	-0.89	0.25	0.07	-0.59	0.03	-0.65	0.85	0.35	-0.1	0.86	0.86	0.19	0.31	-0.81	-0.65		0.89	0.24	-0.69	0.95	-0.65	0.93
Net Invested Capital	0.98	0.4	0.97	0.94	-0.91	0.38	0.36	-0.65	0.2	-0.35	0.96	0.35	0.14	0.97	0.97	0.16	0.22	-0.89	-0.35	0.89		0.49	-0.85	0.98	-0.35	0.81
Net Working Capital	0.45	-0.13	0.54	0.34	-0.39	0.18	0.49	-0.34	0.77	0.23	0.49	-0.14	0.84	0.45	0.37	-0.05	0.01	-0.47	0.23	0.24	0.49		-0.53	0.34	0.23	0.06
Net Debt	-0.84	-0.45	-0.8	-0.81	0.81	-0.61	-0.32	0.62	-0.48	0.36	-0.8	-0.4	-0.41	-0.8	-0.79	-0.02	-0.22	0.86	0.36	-0.69	-0.85	-0.53		-0.78	0.36	-0.47
Capital Stock	0.96	0.43	0.93	0.95	-0.9	0.31	0.2	-0.61	0.12	-0.46	0.94	0.38	0.02	0.95	0.96	0.16	0.23	-0.85	-0.46	0.95	0.98	0.34	-0.78		-0.46	0.91
Property Plant And Equipment Gross	-0.29	-0.27	-0.24	-0.58	0.44	-0.17	0.32	0.26	0.15	1.0	-0.27	-0.26	0.31	-0.28	-0.3	-0.04	-0.3	0.37	1.0	-0.65	-0.35	0.23	0.36	-0.46		-0.55
Property Plant And Equipment Net	0.79	0.34	0.76	0.85	-0.76	0.07	0.02	-0.47	-0.19	-0.55	0.78	0.31	-0.3	0.8	0.82	0.2	0.22	-0.65	-0.55	0.93	0.81	0.06	-0.47	0.91	-0.55

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Fidelity Minerals Account Relationship Matchups

Fidelity Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0M	5.5M	6.4M	6.3M	7.3M	4.2M
Total Current Liabilities	829.0K	238.8K	345.8K	1.2M	1.3M	840.2K
Total Stockholder Equity	4.2M	5.3M	6.1M	5.1M	5.8M	3.3M
Net Tangible Assets	4.3M	4.2M	5.3M	6.1M	7.0M	7.4M
Retained Earnings	(11.7M)	(12.5M)	(13.8M)	(15.6M)	(14.1M)	(14.8M)
Accounts Payable	912.5K	689.8K	238.8K	345.8K	397.7K	521.3K
Cash	52.8K	116.2K	272.7K	1.6K	1.8K	1.7K
Net Receivables	16.0K	1.2M	425.6K	12.9K	14.9K	14.1K
Other Stockholder Equity	4.4M	4.9M	5.7M	6.0M	7.0M	3.7M
Total Liab	829.0K	238.8K	345.8K	1.2M	1.3M	873.2K
Total Current Assets	1.3M	635.6K	299K	19.9K	22.9K	21.7K
Common Stock	10.6M	10.9M	12.0M	13.8M	15.9M	8.8M
Property Plant Equipment	5.3M	3.7M	4.9M	6.1M	7.0M	3.8M
Non Current Assets Total	3.7M	4.9M	6.1M	6.3M	7.3M	4.1M
Short Long Term Debt	697.1K	322.3K	139.2K	363.8K	327.4K	299.1K
Common Stock Shares Outstanding	41.4M	59.8M	84.8M	88.8M	102.1M	107.2M
Net Invested Capital	4.3M	5.3M	6.1M	5.4M	6.2M	4.4M
Net Working Capital	472.9K	396.8K	(46.8K)	(1.1M)	(1.3M)	(1.2M)
Capital Stock	10.9M	12.0M	13.8M	14.2M	16.3M	12.5M

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