Integra Retained Earnings vs Non Current Assets Total Analysis

ITRG Stock  USD 0.93  0.03  3.33%   
Integra Resources financial indicator trend analysis is infinitely more than just investigating Integra Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integra Resources Corp is a good investment. Please check the relationship between Integra Resources Retained Earnings and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integra Resources Corp Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Integra Resources' Retained Earnings and Non Current Assets Total is -0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Integra Resources Corp, assuming nothing else is changed. The correlation between historical values of Integra Resources' Retained Earnings and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Integra Resources Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Retained Earnings i.e., Integra Resources' Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.
Most indicators from Integra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integra Resources Corp 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 Integra Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The Integra Resources' current Enterprise Value is estimated to increase to about 36.9 M, while Selling General Administrative is projected to decrease to roughly 2.4 M.
 2021 2022 2023 2024 (projected)
Research Development303.0K286.8K401.6K321.0K
Cost Of Revenue928.0K968.6K1.0M763.0K

Integra Resources fundamental ratios Correlations

0.90.730.980.5-0.56-0.770.840.99-0.860.840.810.690.93-0.150.880.490.990.430.85-0.610.840.820.870.930.35
0.90.90.860.51-0.3-0.910.680.91-0.830.680.860.90.77-0.080.970.730.910.380.7-0.530.910.890.930.750.63
0.730.90.730.380.08-0.950.370.79-0.660.370.90.970.470.090.930.920.710.230.39-0.490.920.820.930.490.88
0.980.860.730.48-0.54-0.770.820.97-0.880.820.830.680.85-0.140.860.50.930.410.82-0.640.840.820.880.930.35
0.50.510.380.48-0.27-0.470.410.5-0.40.410.380.340.49-0.520.390.270.510.970.420.20.460.730.490.450.14
-0.56-0.30.08-0.54-0.270.04-0.89-0.430.6-0.89-0.050.04-0.720.34-0.250.36-0.55-0.34-0.880.38-0.2-0.28-0.17-0.790.49
-0.77-0.91-0.95-0.77-0.470.04-0.44-0.820.76-0.44-0.9-0.95-0.53-0.03-0.96-0.84-0.74-0.29-0.460.51-0.95-0.91-0.98-0.54-0.75
0.840.680.370.820.41-0.89-0.440.74-0.821.00.440.40.89-0.270.630.080.830.411.0-0.550.570.60.550.95-0.05
0.990.910.790.970.5-0.43-0.820.74-0.820.740.870.730.88-0.110.890.580.970.410.75-0.580.860.830.90.870.44
-0.86-0.83-0.66-0.88-0.40.60.76-0.82-0.82-0.82-0.67-0.69-0.760.02-0.86-0.38-0.82-0.3-0.830.75-0.81-0.79-0.81-0.84-0.26
0.840.680.370.820.41-0.89-0.441.00.74-0.820.440.40.89-0.270.630.080.830.411.0-0.550.570.60.550.95-0.05
0.810.860.90.830.38-0.05-0.90.440.87-0.670.440.850.58-0.030.890.820.770.240.45-0.510.850.80.930.610.72
0.690.90.970.680.340.04-0.950.40.73-0.690.40.850.440.120.940.910.670.180.42-0.490.910.820.910.460.86
0.930.770.470.850.49-0.72-0.530.890.88-0.760.890.580.44-0.230.690.20.960.450.89-0.50.630.640.650.910.06
-0.15-0.080.09-0.14-0.520.34-0.03-0.27-0.110.02-0.27-0.030.12-0.230.050.18-0.16-0.61-0.26-0.290.03-0.26-0.03-0.270.25
0.880.970.930.860.39-0.25-0.960.630.89-0.860.630.890.940.690.050.760.860.240.65-0.650.960.880.970.70.67
0.490.730.920.50.270.36-0.840.080.58-0.380.080.820.910.20.180.760.470.120.1-0.230.760.670.790.210.97
0.990.910.710.930.51-0.55-0.740.830.97-0.820.830.770.670.96-0.160.860.470.430.84-0.560.810.780.830.90.34
0.430.380.230.410.97-0.34-0.290.410.41-0.30.410.240.180.45-0.610.240.120.430.410.290.320.620.350.450.0
0.850.70.390.820.42-0.88-0.461.00.75-0.831.00.450.420.89-0.260.650.10.840.41-0.560.590.610.570.95-0.03
-0.61-0.53-0.49-0.640.20.380.51-0.55-0.580.75-0.55-0.51-0.49-0.5-0.29-0.65-0.23-0.560.29-0.56-0.58-0.33-0.55-0.59-0.22
0.840.910.920.840.46-0.2-0.950.570.86-0.810.570.850.910.630.030.960.760.810.320.59-0.580.90.960.660.68
0.820.890.820.820.73-0.28-0.910.60.83-0.790.60.80.820.64-0.260.880.670.780.620.61-0.330.90.930.690.54
0.870.930.930.880.49-0.17-0.980.550.9-0.810.550.930.910.65-0.030.970.790.830.350.57-0.550.960.930.680.68
0.930.750.490.930.45-0.79-0.540.950.87-0.840.950.610.460.91-0.270.70.210.90.450.95-0.590.660.690.680.07
0.350.630.880.350.140.49-0.75-0.050.44-0.26-0.050.720.860.060.250.670.970.340.0-0.03-0.220.680.540.680.07
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Integra Resources Account Relationship Matchups

Integra Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.8M89.1M75.2M61.4M82.4M86.5M
Other Current Liab2.6M2.7M3.1M4.4M3.7M3.9M
Total Current Liabilities3.4M5.7M5.7M15.4M16.7M17.5M
Total Stockholder Equity38.7M41.8M29.1M21.3M40.5M42.5M
Property Plant And Equipment Net48.8M59.2M59.9M43.8M71.4M41.4M
Net Debt(23.2M)(27.6M)(12.9M)(4.6M)2.5M2.6M
Retained Earnings(43.9M)(66.3M)(100.3M)(120.1M)(149.1M)(141.6M)
Cash24.0M29.0M14.3M15.9M8.8M7.7M
Non Current Assets Total50.3M59.4M60.1M44.4M72.5M76.1M
Non Currrent Assets Other5.3K23.6K33.5K539.9K870.5K933.3K
Cash And Short Term Investments24.0M29.0M14.3M15.9M8.8M7.7M
Net Receivables85.4K56.8K85.0K98.1K153.5K161.2K
Common Stock Shares Outstanding13.5M19.9M22.8M69.5M56.4M59.2M
Liabilities And Stockholders Equity74.8M89.1M75.2M61.4M82.4M86.5M
Non Current Liabilities Total32.7M41.6M40.4M24.7M25.2M21.6M
Inventory(3.4K)(573.0)927.04.6K4.1K2.3K
Other Current Assets460.9K631.5K684.4K976.2K898.7K943.6K
Total Liab36.1M47.3M46.1M40.1M41.9M44.0M
Property Plant And Equipment Gross63.7M75.5M60.8M45.3M73.5M48.5M
Total Current Assets24.5M29.7M15.1M17.0M9.9M8.0M
Accumulated Other Comprehensive Income3.3M5.0M7.3M16.3M12.7M13.3M
Accounts Payable580.6K2.1M1.5M2.1M2.4M2.5M
Common Stock79.3M103.0M122.0M125.1M176.9M185.8M
Net Tangible Assets50.6M53.3M29.1M21.3M24.5M33.0M
Short Long Term Debt Total782.9K1.4M1.4M11.3M11.3M11.9M
Other Liab42.0M51.9M39.6M23.9M21.5M32.5M
Net Invested Capital50.6M53.9M29.7M31.8M51.3M44.4M
Net Working Capital27.6M30.6M9.4M1.6M(6.8M)(6.5M)
Property Plant Equipment63.7M75.5M59.9M43.8M39.5M48.3M
Capital Lease Obligations1.0M1.2M840.7K854.3K1.1M804.2K
Capital Stock79.3M103.0M122.0M125.1M176.9M119.5M
Short Term Debt234.0K871.0K1.1M8.9M10.5M11.1M

Currently Active Assets on Macroaxis

When determining whether Integra Resources Corp is a strong investment it is important to analyze Integra Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Integra Resources' future performance. For an informed investment choice regarding Integra Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Integra Resources. If investors know Integra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Integra Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Return On Assets
(0.18)
Return On Equity
(0.57)
The market value of Integra Resources Corp is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra Resources' value that differs from its market value or its book value, called intrinsic value, which is Integra Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Integra Resources' market value can be influenced by many factors that don't directly affect Integra Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Integra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.