Finlay Non Current Assets Total vs Cash Analysis

FYL Stock

CAD 0.03 0.00 0.00%

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

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finlay Minerals Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have very week relationship.

The correlation between Finlay Minerals' Non Current Assets Total and Cash is 0.24. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Finlay Minerals, assuming nothing else is changed. The correlation between historical values of Finlay Minerals' Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Finlay Minerals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Finlay Minerals' Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Finlay Minerals, which is listed under current asset account on Finlay Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Finlay Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Finlay Minerals 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.

Most indicators from Finlay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finlay Minerals 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 Finlay Minerals. 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, Finlay Minerals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 48.08 in 2024, despite the fact that Tax Provision is likely to grow to (13.7 K).

Finlay Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Currrent Assets Other	Other Stockholder Equity	Non Current Liabilities Total	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment	Short Term Investments	Other Current Assets	Net Invested Capital
Total Assets		0.31	0.41	1.0	-0.41	-0.86	0.41	0.98	0.48	0.36	0.77	0.95	0.5	0.98	0.98	0.29	0.91	-0.05	0.95	0.66	0.71	0.65	0.68	0.46	0.62	0.64
Other Current Liab	0.31		0.97	0.31	-0.86	-0.2	0.86	0.17	0.83	0.22	0.13	0.31	0.82	0.27	0.16	0.58	0.28	-0.25	0.21	0.06	0.27	0.38	0.14	0.5	0.43	0.28
Total Current Liabilities	0.41	0.97		0.41	-0.88	-0.36	0.88	0.26	0.87	0.3	0.31	0.38	0.86	0.4	0.26	0.68	0.37	-0.2	0.32	0.2	0.39	0.46	0.27	0.58	0.55	0.44
Total Stockholder Equity	1.0	0.31	0.41		-0.42	-0.88	0.42	0.98	0.5	0.38	0.79	0.93	0.52	0.99	0.98	0.34	0.92	-0.07	0.95	0.7	0.75	0.67	0.72	0.48	0.65	0.68
Net Debt	-0.41	-0.86	-0.88	-0.42		0.36	-1.0	-0.24	-0.98	-0.4	-0.31	-0.34	-0.98	-0.4	-0.25	-0.74	-0.34	0.29	-0.38	-0.31	-0.48	-0.48	-0.38	-0.86	-0.78	-0.51
Retained Earnings	-0.86	-0.2	-0.36	-0.88	0.36		-0.37	-0.83	-0.46	-0.21	-0.98	-0.75	-0.47	-0.94	-0.85	-0.45	-0.87	0.23	-0.91	-0.84	-0.8	-0.77	-0.81	-0.45	-0.67	-0.82
Cash	0.41	0.86	0.88	0.42	-1.0	-0.37		0.24	0.98	0.39	0.33	0.34	0.98	0.4	0.24	0.74	0.34	-0.29	0.38	0.32	0.48	0.49	0.39	0.86	0.78	0.52
Non Current Assets Total	0.98	0.17	0.26	0.98	-0.24	-0.83	0.24		0.32	0.31	0.74	0.95	0.33	0.96	1.0	0.15	0.9	0.01	0.93	0.62	0.64	0.58	0.62	0.32	0.49	0.55
Cash And Short Term Investments	0.48	0.83	0.87	0.5	-0.98	-0.46	0.98	0.32		0.37	0.42	0.38	1.0	0.48	0.32	0.79	0.44	-0.32	0.45	0.46	0.6	0.58	0.52	0.87	0.84	0.62
Net Receivables	0.36	0.22	0.3	0.38	-0.4	-0.21	0.39	0.31	0.37		0.23	0.25	0.4	0.33	0.31	0.44	0.27	0.0	0.34	0.22	0.4	0.24	0.33	0.49	0.5	0.44
Common Stock Shares Outstanding	0.77	0.13	0.31	0.79	-0.31	-0.98	0.33	0.74	0.42	0.23		0.63	0.43	0.87	0.76	0.49	0.8	-0.26	0.85	0.87	0.81	0.77	0.84	0.43	0.66	0.86
Total Liab	0.95	0.31	0.38	0.93	-0.34	-0.75	0.34	0.95	0.38	0.25	0.63		0.39	0.91	0.95	0.05	0.83	0.03	0.9	0.44	0.45	0.49	0.43	0.33	0.42	0.39
Total Current Assets	0.5	0.82	0.86	0.52	-0.98	-0.47	0.98	0.33	1.0	0.4	0.43	0.39		0.5	0.34	0.8	0.45	-0.32	0.47	0.47	0.62	0.59	0.54	0.88	0.86	0.64
Common Stock	0.98	0.27	0.4	0.99	-0.4	-0.94	0.4	0.96	0.48	0.33	0.87	0.91	0.5		0.97	0.36	0.92	-0.09	0.96	0.74	0.76	0.7	0.75	0.47	0.65	0.72
Property Plant And Equipment Net	0.98	0.16	0.26	0.98	-0.25	-0.85	0.24	1.0	0.32	0.31	0.76	0.95	0.34	0.97		0.16	0.9	0.0	0.94	0.63	0.65	0.58	0.63	0.32	0.5	0.57
Accounts Payable	0.29	0.58	0.68	0.34	-0.74	-0.45	0.74	0.15	0.79	0.44	0.49	0.05	0.8	0.36	0.16		0.33	-0.3	0.27	0.6	0.76	0.58	0.69	0.72	0.82	0.82
Non Currrent Assets Other	0.91	0.28	0.37	0.92	-0.34	-0.87	0.34	0.9	0.44	0.27	0.8	0.83	0.45	0.92	0.9	0.33		-0.26	0.89	0.74	0.76	0.86	0.74	0.32	0.56	0.64
Other Stockholder Equity	-0.05	-0.25	-0.2	-0.07	0.29	0.23	-0.29	0.01	-0.32	0.0	-0.26	0.03	-0.32	-0.09	0.0	-0.3	-0.26		-0.2	-0.36	-0.32	-0.53	-0.32	-0.16	-0.26	-0.26
Non Current Liabilities Total	0.95	0.21	0.32	0.95	-0.38	-0.91	0.38	0.93	0.45	0.34	0.85	0.9	0.47	0.96	0.94	0.27	0.89	-0.2		0.73	0.69	0.69	0.7	0.46	0.62	0.66
Other Liab	0.66	0.06	0.2	0.7	-0.31	-0.84	0.32	0.62	0.46	0.22	0.87	0.44	0.47	0.74	0.63	0.6	0.74	-0.36	0.73		0.94	0.78	0.98	0.51	0.76	0.89
Net Tangible Assets	0.71	0.27	0.39	0.75	-0.48	-0.8	0.48	0.64	0.6	0.4	0.81	0.45	0.62	0.76	0.65	0.76	0.76	-0.32	0.69	0.94		0.79	0.98	0.6	0.85	0.95
Other Assets	0.65	0.38	0.46	0.67	-0.48	-0.77	0.49	0.58	0.58	0.24	0.77	0.49	0.59	0.7	0.58	0.58	0.86	-0.53	0.69	0.78	0.79		0.78	0.41	0.65	0.71
Property Plant Equipment	0.68	0.14	0.27	0.72	-0.38	-0.81	0.39	0.62	0.52	0.33	0.84	0.43	0.54	0.75	0.63	0.69	0.74	-0.32	0.7	0.98	0.98	0.78		0.56	0.82	0.94
Short Term Investments	0.46	0.5	0.58	0.48	-0.86	-0.45	0.86	0.32	0.87	0.49	0.43	0.33	0.88	0.47	0.32	0.72	0.32	-0.16	0.46	0.51	0.6	0.41	0.56		0.93	0.67
Other Current Assets	0.62	0.43	0.55	0.65	-0.78	-0.67	0.78	0.49	0.84	0.5	0.66	0.42	0.86	0.65	0.5	0.82	0.56	-0.26	0.62	0.76	0.85	0.65	0.82	0.93		0.87
Net Invested Capital	0.64	0.28	0.44	0.68	-0.51	-0.82	0.52	0.55	0.62	0.44	0.86	0.39	0.64	0.72	0.57	0.82	0.64	-0.26	0.66	0.89	0.95	0.71	0.94	0.67	0.87

Click cells to compare fundamentals

Finlay Minerals Account Relationship Matchups

Finlay Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3M	9.2M	12.0M	11.6M	11.9M	7.8M
Other Current Liab	194.1K	4.5K	143.1K	26.7K	4.1K	3.9K
Total Current Liabilities	224.6K	15.7K	190.4K	59.9K	38.1K	63.1K
Total Stockholder Equity	7.6M	7.6M	10.1M	9.9M	10.2M	6.4M
Net Debt	(1.1M)	(226.1K)	(1.9M)	(216.6K)	(304.2K)	(319.4K)
Retained Earnings	(3.2M)	(3.3M)	(4.2M)	(4.6M)	(5.0M)	(4.8M)
Cash	1.1M	226.1K	1.9M	216.6K	304.2K	380.7K
Non Current Assets Total	8.2M	8.9M	10.0M	11.3M	11.2M	7.2M
Cash And Short Term Investments	1.1M	292.6K	1.9M	280.4K	641.0K	398.9K
Net Receivables	2.0K	18.1K	35.3K	35.7K	2.5K	2.4K
Common Stock Shares Outstanding	77.3M	93.3M	107.7M	126.5M	133.8M	140.5M
Liabilities And Stockholders Equity	9.3M	9.2M	12.0M	11.6M	11.9M	7.8M
Total Liab	1.7M	1.7M	1.9M	1.8M	1.7M	1.4M
Total Current Assets	1.1M	325.4K	2.0M	345.5K	695.0K	424.9K
Property Plant And Equipment Net	8.1M	8.8M	9.9M	11.2M	11.1M	7.4M
Accounts Payable	30.5K	11.2K	47.2K	33.1K	34.1K	27.8K
Non Current Liabilities Total	1.5M	1.6M	1.7M	1.7M	1.7M	1.6M
Other Liab	1.6M	1.5M	1.6M	1.7M	2.0M	1.7M
Net Tangible Assets	6.9M	7.6M	7.6M	10.1M	11.6M	7.9M
Property Plant Equipment	8.1M	8.1M	8.8M	9.9M	11.4M	9.1M
Short Term Investments	38.5K	66.6K	1.3M	63.8K	336.8K	229.1K
Other Current Assets	10.9K	14.6K	88.2K	29.4K	51.5K	27.1K
Net Invested Capital	7.6M	7.6M	10.1M	9.9M	10.2M	9.3M
Net Working Capital	885.9K	309.7K	1.8M	285.7K	656.9K	707.2K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Finlay Stock Analysis

When running Finlay Minerals' price analysis, check to measure Finlay Minerals' 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 Finlay Minerals is operating at the current time. Most of Finlay Minerals' value examination focuses on studying past and present price action to predict the probability of Finlay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finlay Minerals' price. Additionally, you may evaluate how the addition of Finlay Minerals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC