LBC Stock | | | CAD 0.39 0.01 2.50% |
Libero Copper financial indicator trend analysis is infinitely more than just investigating Libero Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Libero Copper Corp is a good investment. Please check the relationship between Libero Copper Total Current Liabilities and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Libero Copper 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.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Libero Copper Corp Total Current Liabilities account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Libero Copper's Total Current Liabilities and Cash is 0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Libero Copper Corp, assuming nothing else is changed. The correlation between historical values of Libero Copper's Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Libero Copper Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Libero Copper's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Libero Copper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Libero Copper Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Cash
Cash refers to the most liquid asset of Libero Copper Corp, which is listed under current asset account on Libero Copper Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Libero Copper customers. The amounts must be unrestricted with restricted cash listed in a different Libero Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Libero Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Libero Copper 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Libero Copper 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.
Issuance Of Capital Stock is likely to climb to about 7.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
M in 2024.
Libero Copper fundamental ratios Correlations
Click cells to compare fundamentals
Libero Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Libero Copper fundamental ratios Accounts
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Additional Tools for Libero Stock Analysis
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measure Libero Copper'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 Libero Copper is operating at the current time. Most of Libero Copper's value examination focuses on studying past and present price action to
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