Fredonia Cash vs Other Stockholder Equity Analysis
FRED Stock | 0.28 0.02 6.67% |
Fredonia Mining financial indicator trend analysis is much more than just examining Fredonia Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fredonia Mining is a good investment. Please check the relationship between Fredonia Mining Cash and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fredonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Cash vs Other Stockholder Equity
Cash vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fredonia Mining Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fredonia Mining's Cash and Other Stockholder Equity is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Fredonia Mining, assuming nothing else is changed. The correlation between historical values of Fredonia Mining's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Fredonia Mining are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Fredonia Mining's Cash and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Fredonia Mining, which is listed under current asset account on Fredonia Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fredonia Mining customers. The amounts must be unrestricted with restricted cash listed in a different Fredonia Mining account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Stockholder Equity
Most indicators from Fredonia Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fredonia Mining 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 Fredonia Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Selling General Administrative is likely to climb to about 1.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Fredonia Mining fundamental ratios Correlations
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Fredonia Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fredonia Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 578.8K | 1.3M | 454.0K | 571.6K | 657.4K | 704.8K | |
Retained Earnings | (4.0M) | (7.2M) | (6.4M) | (14.9M) | (13.4M) | (12.8M) | |
Accounts Payable | 115.4K | 514.6K | 429.0K | 411.1K | 472.8K | 342.6K | |
Total Current Assets | 12.9K | 3.6M | 2.8M | 418.9K | 481.8K | 457.7K |
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Additional Tools for Fredonia Stock Analysis
When running Fredonia Mining's price analysis, check to measure Fredonia Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fredonia Mining is operating at the current time. Most of Fredonia Mining's value examination focuses on studying past and present price action to predict the probability of Fredonia Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fredonia Mining's price. Additionally, you may evaluate how the addition of Fredonia Mining to your portfolios can decrease your overall portfolio volatility.