Happy Property Plant And Equipment Net vs Total Assets Analysis
HPY Stock | CAD 0.06 0.01 10.00% |
Happy Creek financial indicator trend analysis is much more than just examining Happy Creek Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Happy Creek Minerals is a good investment. Please check the relationship between Happy Creek Property Plant And Equipment Net and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Happy Creek 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.
Property Plant And Equipment Net vs Total Assets
Property Plant And Equipment Net vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Happy Creek Minerals Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Happy Creek's Property Plant And Equipment Net and Total Assets is 0.69. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Happy Creek Minerals, assuming nothing else is changed. The correlation between historical values of Happy Creek's Property Plant And Equipment Net and Total Assets 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 And Equipment Net of Happy Creek Minerals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Happy Creek's Property Plant And Equipment Net and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Assets
Total assets refers to the total amount of Happy Creek assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Happy Creek Minerals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Happy Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Happy Creek 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Happy Creek 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. Selling General Administrative is likely to climb to about 478.9 K in 2024, despite the fact that Tax Provision is likely to grow to (188.1 K).
Happy Creek fundamental ratios Correlations
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Happy Creek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Happy Creek fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.0M | 19.3M | 18.8M | 18.7M | 18.5M | 18.4M | |
Total Current Liabilities | 143.5K | 224.2K | 70.9K | 280.0K | 183.8K | 130.4K | |
Total Stockholder Equity | 17.0M | 18.0M | 17.6M | 17.3M | 17.4M | 17.2M | |
Other Liab | 919.3K | 882.9K | 1.0M | 1.2M | 1.4M | 1.0M | |
Net Tangible Assets | 16.1M | 17.0M | 18.0M | 17.6M | 20.2M | 16.8M | |
Retained Earnings | (8.0M) | (8.5M) | (9.4M) | (9.7M) | (10.4M) | (10.9M) | |
Accounts Payable | 11.2K | 72.9K | 4.7K | 128.7K | 103.6K | 108.8K | |
Cash | 1.2M | 1.6M | 282.0K | 33.0K | 92.0K | 87.4K | |
Net Receivables | 30.7K | 73.6K | 51.5K | 5.7K | 15.9K | 29.0K | |
Other Stockholder Equity | 2.7M | 2.8M | 3.1M | 3.4M | 3.9M | 2.6M | |
Total Liab | 1.1M | 1.3M | 1.3M | 1.4M | 1.1M | 1.2M | |
Total Current Assets | 1.5M | 1.7M | 360.5K | 40.2K | 109.5K | 104.0K | |
Common Stock | 20.9M | 22.1M | 23.5M | 23.6M | 27.1M | 21.7M | |
Property Plant Equipment | 16.0M | 16.4M | 17.5M | 18.3M | 21.1M | 16.9M | |
Non Current Assets Total | 16.5M | 17.6M | 18.4M | 18.6M | 18.4M | 18.7M | |
Non Currrent Assets Other | 16.2M | 16.1M | 97K | 100K | 125K | 118.8K | |
Short Term Investments | 192.6K | 9.7K | 10.2K | 554.0 | 498.6 | 473.67 | |
Non Current Liabilities Total | 915.7K | 1.1M | 1.2M | 1.1M | 911.1K | 1.1M | |
Other Current Liab | 100.5K | 106.1K | 16.3K | 1.3K | 1.2K | 1.1K | |
Common Stock Shares Outstanding | 105.0M | 122.7M | 124.2M | 124.5M | 137.5M | 125.7M | |
Net Invested Capital | 17.0M | 18.0M | 17.6M | 17.3M | 17.4M | 18.8M | |
Net Working Capital | 1.3M | 1.5M | 289.6K | (239.8K) | (74.3K) | (70.6K) | |
Capital Stock | 22.1M | 23.5M | 23.6M | 23.6M | 24.2M | 25.3M |
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When running Happy Creek's price analysis, check to measure Happy Creek'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 Happy Creek is operating at the current time. Most of Happy Creek's value examination focuses on studying past and present price action to predict the probability of Happy Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Happy Creek's price. Additionally, you may evaluate how the addition of Happy Creek to your portfolios can decrease your overall portfolio volatility.