Happy Property Plant And Equipment Net vs Total Stockholder Equity 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 Stockholder Equity 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 Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity 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 Stockholder Equity. 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 Stockholder Equity is 0.67. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity 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 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 Property Plant And Equipment Net of Happy Creek Minerals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Happy Creek's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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

0.441.00.590.96-0.93-0.010.360.90.420.940.57-0.610.380.950.920.940.190.240.920.40.810.74-0.50.790.69
0.440.40.580.44-0.450.750.020.30.070.480.760.07-0.040.450.480.53-0.34-0.220.370.260.620.5-0.380.560.48
1.00.40.560.96-0.92-0.050.380.910.420.930.53-0.640.40.950.910.930.20.260.90.40.80.73-0.480.770.67
0.590.580.560.67-0.660.49-0.260.490.060.750.76-0.01-0.260.690.790.74-0.02-0.160.62-0.130.780.51-0.690.680.66
0.960.440.960.67-0.920.030.280.940.320.980.48-0.620.31.00.980.910.150.190.810.310.850.68-0.550.780.66
-0.93-0.45-0.92-0.66-0.92-0.18-0.05-0.88-0.26-0.91-0.550.6-0.05-0.93-0.93-0.98-0.01-0.05-0.85-0.14-0.92-0.850.74-0.93-0.88
-0.010.75-0.050.490.03-0.18-0.45-0.08-0.20.060.540.36-0.510.040.130.22-0.38-0.470.02-0.290.370.34-0.460.40.45
0.360.020.38-0.260.28-0.05-0.450.290.610.16-0.04-0.310.980.240.110.050.230.360.20.87-0.040.090.61-0.06-0.28
0.90.30.910.490.94-0.88-0.080.290.290.910.27-0.790.30.940.910.820.10.160.720.250.770.6-0.530.710.61
0.420.070.420.060.32-0.26-0.20.610.290.270.23-0.090.530.310.250.28-0.21-0.190.370.560.330.490.230.330.2
0.940.480.930.750.98-0.910.060.160.910.270.55-0.550.190.990.990.920.110.150.820.240.870.64-0.620.780.68
0.570.760.530.760.48-0.550.54-0.040.270.230.550.15-0.050.490.540.7-0.08-0.130.720.160.640.6-0.470.630.62
-0.610.07-0.64-0.01-0.620.60.36-0.31-0.79-0.09-0.550.15-0.31-0.62-0.54-0.5-0.16-0.18-0.47-0.15-0.42-0.390.3-0.42-0.38
0.38-0.040.4-0.260.3-0.05-0.510.980.30.530.19-0.05-0.310.250.120.060.390.530.220.86-0.090.020.6-0.11-0.32
0.950.450.950.691.0-0.930.040.240.940.310.990.49-0.620.250.990.920.110.160.810.290.870.68-0.580.790.68
0.920.480.910.790.98-0.930.130.110.910.250.990.54-0.540.120.990.930.080.10.80.170.90.67-0.660.810.72
0.940.530.930.740.91-0.980.220.050.820.280.920.7-0.50.060.920.930.030.050.920.170.920.84-0.720.920.87
0.19-0.340.2-0.020.15-0.01-0.380.230.1-0.210.11-0.08-0.160.390.110.080.030.780.220.01-0.28-0.310.13-0.29-0.25
0.24-0.220.26-0.160.19-0.05-0.470.360.16-0.190.15-0.13-0.180.530.160.10.050.780.150.38-0.24-0.260.22-0.25-0.31
0.920.370.90.620.81-0.850.020.20.720.370.820.72-0.470.220.810.80.920.220.150.220.740.73-0.550.750.74
0.40.260.4-0.130.31-0.14-0.290.870.250.560.240.16-0.150.860.290.170.170.010.380.220.120.220.50.1-0.16
0.810.620.80.780.85-0.920.37-0.040.770.330.870.64-0.42-0.090.870.90.92-0.28-0.240.740.120.87-0.730.960.89
0.740.50.730.510.68-0.850.340.090.60.490.640.6-0.390.020.680.670.84-0.31-0.260.730.220.87-0.560.960.9
-0.5-0.38-0.48-0.69-0.550.74-0.460.61-0.530.23-0.62-0.470.30.6-0.58-0.66-0.720.130.22-0.550.5-0.73-0.56-0.74-0.86
0.790.560.770.680.78-0.930.4-0.060.710.330.780.63-0.42-0.110.790.810.92-0.29-0.250.750.10.960.96-0.740.96
0.690.480.670.660.66-0.880.45-0.280.610.20.680.62-0.38-0.320.680.720.87-0.25-0.310.74-0.160.890.9-0.860.96
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Happy Creek Account Relationship Matchups

Happy Creek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.0M19.3M18.8M18.7M18.5M18.4M
Total Current Liabilities143.5K224.2K70.9K280.0K183.8K130.4K
Total Stockholder Equity17.0M18.0M17.6M17.3M17.4M17.2M
Other Liab919.3K882.9K1.0M1.2M1.4M1.0M
Net Tangible Assets16.1M17.0M18.0M17.6M20.2M16.8M
Retained Earnings(8.0M)(8.5M)(9.4M)(9.7M)(10.4M)(10.9M)
Accounts Payable11.2K72.9K4.7K128.7K103.6K108.8K
Cash1.2M1.6M282.0K33.0K92.0K87.4K
Net Receivables30.7K73.6K51.5K5.7K15.9K29.0K
Other Stockholder Equity2.7M2.8M3.1M3.4M3.9M2.6M
Total Liab1.1M1.3M1.3M1.4M1.1M1.2M
Total Current Assets1.5M1.7M360.5K40.2K109.5K104.0K
Common Stock20.9M22.1M23.5M23.6M27.1M21.7M
Property Plant Equipment16.0M16.4M17.5M18.3M21.1M16.9M
Non Current Assets Total16.5M17.6M18.4M18.6M18.4M18.7M
Non Currrent Assets Other16.2M16.1M97K100K125K118.8K
Short Term Investments192.6K9.7K10.2K554.0498.6473.67
Non Current Liabilities Total915.7K1.1M1.2M1.1M911.1K1.1M
Other Current Liab100.5K106.1K16.3K1.3K1.2K1.1K
Common Stock Shares Outstanding105.0M122.7M124.2M124.5M137.5M125.7M
Net Invested Capital17.0M18.0M17.6M17.3M17.4M18.8M
Net Working Capital1.3M1.5M289.6K(239.8K)(74.3K)(70.6K)
Capital Stock22.1M23.5M23.6M23.6M24.2M25.3M

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