Happy Short Term Investments vs Long Term Investments 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 Short Term Investments and its Long Term Investments 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.

Short Term Investments vs Long Term Investments

Short Term Investments vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Happy Creek Minerals Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Happy Creek's Short Term Investments and Long Term Investments is -0.18. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Investments 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 Short Term Investments and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Happy Creek Minerals are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Investments i.e., Happy Creek's Short Term Investments and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Happy Creek balance sheet. It contains any investments Happy Creek Minerals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Happy Creek Minerals can easily liquidate in the marketplace.

Long Term Investments

Long Term Investments is an item on the asset side of Happy Creek balance sheet that represents investments Happy Creek Minerals intends to hold for over a year. Happy Creek Minerals long term investments may include different instruments such as stocks, bonds, real estate and cash.
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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Additional Tools for Happy Stock Analysis

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.