Canada Gross Profit vs Total Other Income Expense Net Analysis
LL Stock | CAD 0.02 0.00 0.00% |
Canada Rare financial indicator trend analysis is way more than just evaluating Canada Rare Earth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Rare Earth is a good investment. Please check the relationship between Canada Rare Gross Profit and its Total Other Income Expense Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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.
Gross Profit vs Total Other Income Expense Net
Gross Profit vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Rare Earth Gross Profit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Canada Rare's Gross Profit and Total Other Income Expense Net is -0.08. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Canada Rare Earth, assuming nothing else is changed. The correlation between historical values of Canada Rare's Gross Profit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Canada Rare Earth are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Canada Rare's Gross Profit and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Canada Rare Earth minus its cost of goods sold. It is profit before Canada Rare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Other Income Expense Net
Most indicators from Canada Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Rare Earth 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 Canada Rare Earth. 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. Enterprise Value is likely to climb to about 7.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 831.9 K in 2024.
Canada Rare fundamental ratios Correlations
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Canada Rare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canada Rare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5M | 603.1K | 1.2M | 2.3M | 3.1M | 2.9M | |
Total Current Liabilities | 1.4M | 661.6K | 1.4M | 1.7M | 2.8M | 2.9M | |
Total Stockholder Equity | (46.0K) | (183.5K) | (532.2K) | 6.1K | (787.2K) | (747.8K) | |
Net Debt | (164.2K) | (30.6K) | 458.7K | 1.0M | 508.3K | 533.8K | |
Retained Earnings | (25.1M) | (25.7M) | (26.8M) | (26.6M) | (27.5M) | (26.1M) | |
Accounts Payable | 533.4K | 668.2K | 793.2K | 590.3K | 177.1K | 252.3K | |
Cash | 204.3K | 33.8K | 77.0K | 220.6K | 221.6K | 333.2K | |
Non Current Assets Total | 919.2K | 240.3K | 717.0K | 1.0M | 1.1M | 1.4M | |
Cash And Short Term Investments | 514.2K | 204.3K | 33.8K | 220.6K | 221.6K | 210.5K | |
Net Receivables | 197.8K | 5.4K | 324.7K | 574.2K | 375.4K | 394.1K | |
Common Stock Shares Outstanding | 200.1M | 204.2M | 205.6M | 209.7M | 210.6M | 114.6M | |
Liabilities And Stockholders Equity | 1.1M | 1.5M | 603.1K | 2.3M | 3.1M | 3.0M | |
Other Stockholder Equity | 8.3M | 8.3M | 8.5M | 8.8M | 10.1M | 11.3M | |
Total Liab | 1.6M | 786.6K | 1.7M | 2.3M | 3.9M | 4.1M | |
Total Current Assets | 600.5K | 362.8K | 478.5K | 1.3M | 2.0M | 2.1M | |
Short Long Term Debt Total | 1.1M | 40.1K | 3.3K | 1.2M | 729.9K | 520.1K | |
Other Current Liab | 324K | 1.3M | 658.4K | 590.3K | 336.2K | 334.2K | |
Short Term Debt | 1.1M | 36.8K | 3.3K | 1.1M | 632.1K | 424.2K | |
Net Tangible Assets | (65.9K) | (183.5K) | (596.6K) | (31.6K) | (28.5K) | (27.1K) | |
Other Current Assets | 323.6K | 73.3K | 59.7K | 464.8K | 1.4M | 1.4M | |
Common Stock | 16.8M | 17.0M | 17.5M | 17.6M | 17.6M | 16.4M | |
Accumulated Other Comprehensive Income | 8.3M | 8.3M | 8.5M | 9.0M | 9.1M | 8.8M | |
Inventory | (125.1K) | 250.3K | 59.7K | 453.1K | 1.4M | 1.4M | |
Intangible Assets | 19.9K | 1.0 | 64.4K | 37.8K | 11.1K | 10.6K | |
Non Current Liabilities Total | 179.3K | 125K | 349.4K | 602.7K | 1.1M | 1.2M | |
Short Long Term Debt | 410.4K | 1.1M | 535.7K | 1.0M | 1.2M | 713.1K | |
Other Liab | 250K | 176K | 125K | 436.4K | 392.7K | 207.9K | |
Net Invested Capital | (46.0K) | (183.5K) | 3.5K | 1.0M | 1.2M | 1.2M | |
Net Working Capital | (785.9K) | (298.9K) | (899.9K) | (406.4K) | (365.7K) | (384.0K) | |
Capital Stock | 16.8M | 17.0M | 17.5M | 17.6M | 20.2M | 18.5M |
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When running Canada Rare's price analysis, check to measure Canada Rare'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 Canada Rare is operating at the current time. Most of Canada Rare's value examination focuses on studying past and present price action to predict the probability of Canada Rare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Rare's price. Additionally, you may evaluate how the addition of Canada Rare to your portfolios can decrease your overall portfolio volatility.