Inventus Net Receivables vs Common Stock Shares Outstanding Analysis

IVS Stock  CAD 0.07  0.01  16.67%   
Inventus Mining financial indicator trend analysis is infinitely more than just investigating Inventus Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventus Mining Corp is a good investment. Please check the relationship between Inventus Mining Net Receivables and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventus Mining 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 board of governors.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Inventus Mining's Net Receivables and Common Stock Shares Outstanding is -0.25. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Inventus Mining Corp, assuming nothing else is changed. The correlation between historical values of Inventus Mining's Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Inventus Mining Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Inventus Mining's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Inventus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventus Mining 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 Inventus Mining 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 board of governors.
Selling General Administrative is likely to drop to about 173.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 285 K in 2024

Inventus Mining fundamental ratios Correlations

0.221.00.98-0.770.73-0.170.760.990.710.48-0.560.650.840.74-0.16-0.010.50.66-0.640.60.690.590.60.69-0.07
0.220.180.2-0.530.060.380.560.140.51-0.06-0.040.30.50.47-0.160.590.340.28-0.070.250.210.250.250.15-0.19
1.00.180.99-0.760.74-0.20.760.990.710.49-0.570.670.810.74-0.15-0.030.490.65-0.650.60.690.580.60.69-0.05
0.980.20.99-0.730.74-0.190.730.990.640.45-0.570.720.790.67-0.220.00.450.65-0.660.560.660.550.560.72-0.14
-0.77-0.53-0.76-0.73-0.540.04-1.0-0.67-0.93-0.560.45-0.61-0.67-0.940.19-0.23-0.58-0.590.47-0.66-0.69-0.66-0.66-0.460.0
0.730.060.740.74-0.54-0.560.540.730.460.31-0.940.250.490.48-0.120.320.720.87-0.960.830.890.810.830.94-0.07
-0.170.38-0.2-0.190.04-0.56-0.05-0.17-0.09-0.110.710.090.21-0.1-0.170.16-0.06-0.180.6-0.22-0.28-0.17-0.22-0.46-0.27
0.760.560.760.73-1.00.54-0.050.670.940.56-0.450.620.670.94-0.180.220.570.58-0.480.660.680.650.660.480.0
0.990.140.990.99-0.670.73-0.170.670.590.42-0.560.620.830.63-0.21-0.040.460.65-0.650.560.650.550.560.7-0.13
0.710.510.710.64-0.930.46-0.090.940.590.51-0.360.590.60.990.170.190.520.5-0.390.580.620.560.580.40.25
0.48-0.060.490.45-0.560.31-0.110.560.420.51-0.250.490.280.58-0.15-0.260.170.14-0.260.360.370.350.360.24-0.02
-0.56-0.04-0.57-0.570.45-0.940.71-0.45-0.56-0.36-0.25-0.1-0.32-0.380.13-0.28-0.59-0.720.92-0.72-0.77-0.69-0.72-0.87-0.04
0.650.30.670.72-0.610.250.090.620.620.590.49-0.10.420.59-0.14-0.150.00.16-0.190.10.20.10.10.29-0.12
0.840.50.810.79-0.670.490.210.670.830.60.28-0.320.420.63-0.230.180.560.6-0.430.560.580.560.560.52-0.21
0.740.470.740.67-0.940.48-0.10.940.630.990.58-0.380.590.630.140.140.530.5-0.410.60.640.580.60.410.23
-0.16-0.16-0.15-0.220.19-0.12-0.17-0.18-0.210.17-0.150.13-0.14-0.230.140.040.0-0.110.17-0.1-0.04-0.11-0.1-0.130.7
-0.010.59-0.030.0-0.230.320.160.22-0.040.19-0.26-0.28-0.150.180.140.040.70.63-0.240.560.520.560.560.28-0.19
0.50.340.490.45-0.580.72-0.060.570.460.520.17-0.590.00.560.530.00.70.93-0.630.960.930.960.960.64-0.13
0.660.280.650.65-0.590.87-0.180.580.650.50.14-0.720.160.60.5-0.110.630.93-0.780.930.950.930.930.78-0.18
-0.64-0.07-0.65-0.660.47-0.960.6-0.48-0.65-0.39-0.260.92-0.19-0.43-0.410.17-0.24-0.63-0.78-0.75-0.79-0.75-0.75-0.950.08
0.60.250.60.56-0.660.83-0.220.660.560.580.36-0.720.10.560.6-0.10.560.960.93-0.750.980.991.00.73-0.14
0.690.210.690.66-0.690.89-0.280.680.650.620.37-0.770.20.580.64-0.040.520.930.95-0.790.980.970.980.78-0.07
0.590.250.580.55-0.660.81-0.170.650.550.560.35-0.690.10.560.58-0.110.560.960.93-0.750.990.970.990.72-0.15
0.60.250.60.56-0.660.83-0.220.660.560.580.36-0.720.10.560.6-0.10.560.960.93-0.751.00.980.990.73-0.14
0.690.150.690.72-0.460.94-0.460.480.70.40.24-0.870.290.520.41-0.130.280.640.78-0.950.730.780.720.73-0.14
-0.07-0.19-0.05-0.140.0-0.07-0.270.0-0.130.25-0.02-0.04-0.12-0.210.230.7-0.19-0.13-0.180.08-0.14-0.07-0.15-0.14-0.14
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Inventus Mining Account Relationship Matchups

Inventus Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.7K1.9M881.4K888.1K492.4K467.8K
Total Current Liabilities127.4K97.9K664.9K418.5K241.7K259.2K
Total Stockholder Equity(61.8K)1.7M126.3K353.2K110.9K105.3K
Net Debt44.7K(403.9K)(368.5K)(688.8K)(224.0K)(235.2K)
Retained Earnings(24.9M)(24.9M)(29.0M)(31.0M)(31.5M)(29.9M)
Accounts Payable59.0K108.9K74.7K528.5K607.7K638.1K
Cash26.0K496.0K437.4K724.9K289.6K275.2K
Non Current Assets Total64.2K158.5K137.8K116.4K186.2K176.9K
Cash And Short Term Investments26.0K1.7M692.2K724.9K289.6K275.2K
Net Receivables13.4K21.1K32.2K27.8K964.0915.8
Common Stock Shares Outstanding110.3M122.2M132.1M141.8M166.9M175.2M
Liabilities And Stockholders Equity117.7K1.9M881.4K888.1K492.4K467.8K
Other Stockholder Equity5.4M5.7M6.0M6.2M6.2M6.4M
Total Liab179.6K166.9K755.1K534.9K381.6K451.8K
Total Current Assets53.5K1.7M743.6K771.7K306.2K290.9K
Accumulated Other Comprehensive Income151.2K439.7K249.2K271.2K336.6K335.5K
Other Current Liab108.9K74.7K636.0K382.4K199.5K199.7K
Non Currrent Assets Other0.064.2K115.7K116.4K104.7K123.4K
Non Current Liabilities Total52.1K68.9K90.2K116.4K139.8K242.0K
Net Tangible Assets499.0K(61.8K)1.7M126.3K113.7K108.0K
Other Current Assets14.1K42.2K19.3K19.0K15.6K18.0K
Net Invested Capital(61.8K)1.8M166.3K389.3K150.9K143.3K
Net Working Capital(74.0K)1.6M78.7K353.2K64.5K61.2K

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