Inventus Short Term Investments vs Non Current Liabilities Total 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 Short Term Investments and its Non Current Liabilities Total 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.
Short Term Investments vs Non Current Liabilities Total
Short Term Investments vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Inventus Mining's Short Term Investments and Non Current Liabilities Total is -0.11. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Liabilities Total 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 Short Term Investments and Non Current Liabilities 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 Short Term Investments of Inventus Mining Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Term Investments i.e., Inventus Mining's Short Term Investments and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Inventus Mining balance sheet. It contains any investments Inventus Mining Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Inventus Mining Corp can easily liquidate in the marketplace.Non Current Liabilities Total
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
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Inventus Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inventus Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 117.7K | 1.9M | 881.4K | 888.1K | 492.4K | 467.8K | |
Total Current Liabilities | 127.4K | 97.9K | 664.9K | 418.5K | 241.7K | 259.2K | |
Total Stockholder Equity | (61.8K) | 1.7M | 126.3K | 353.2K | 110.9K | 105.3K | |
Net Debt | 44.7K | (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 Payable | 59.0K | 108.9K | 74.7K | 528.5K | 607.7K | 638.1K | |
Cash | 26.0K | 496.0K | 437.4K | 724.9K | 289.6K | 275.2K | |
Non Current Assets Total | 64.2K | 158.5K | 137.8K | 116.4K | 186.2K | 176.9K | |
Cash And Short Term Investments | 26.0K | 1.7M | 692.2K | 724.9K | 289.6K | 275.2K | |
Net Receivables | 13.4K | 21.1K | 32.2K | 27.8K | 964.0 | 915.8 | |
Common Stock Shares Outstanding | 110.3M | 122.2M | 132.1M | 141.8M | 166.9M | 175.2M | |
Liabilities And Stockholders Equity | 117.7K | 1.9M | 881.4K | 888.1K | 492.4K | 467.8K | |
Other Stockholder Equity | 5.4M | 5.7M | 6.0M | 6.2M | 6.2M | 6.4M | |
Total Liab | 179.6K | 166.9K | 755.1K | 534.9K | 381.6K | 451.8K | |
Total Current Assets | 53.5K | 1.7M | 743.6K | 771.7K | 306.2K | 290.9K | |
Accumulated Other Comprehensive Income | 151.2K | 439.7K | 249.2K | 271.2K | 336.6K | 335.5K | |
Other Current Liab | 108.9K | 74.7K | 636.0K | 382.4K | 199.5K | 199.7K | |
Non Currrent Assets Other | 0.0 | 64.2K | 115.7K | 116.4K | 104.7K | 123.4K | |
Non Current Liabilities Total | 52.1K | 68.9K | 90.2K | 116.4K | 139.8K | 242.0K | |
Net Tangible Assets | 499.0K | (61.8K) | 1.7M | 126.3K | 113.7K | 108.0K | |
Other Current Assets | 14.1K | 42.2K | 19.3K | 19.0K | 15.6K | 18.0K | |
Net Invested Capital | (61.8K) | 1.8M | 166.3K | 389.3K | 150.9K | 143.3K | |
Net Working Capital | (74.0K) | 1.6M | 78.7K | 353.2K | 64.5K | 61.2K |
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