Canada Intangible Assets vs Property Plant And Equipment Net Analysis

LL Stock  CAD 0.01  0.01  25.00%   
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 Intangible Assets and its Property Plant And Equipment 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.

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Rare Earth Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Canada Rare's Intangible Assets and Property Plant And Equipment Net is -0.01. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment 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 Intangible Assets and Property Plant And Equipment 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 Intangible Assets of Canada Rare Earth are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., Canada Rare's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

-0.240.850.88-0.20.2-0.47-0.090.890.84-0.02-0.20.64-0.210.82-0.22-0.42-0.20.840.20.02-0.070.630.00.59-0.13
-0.24-0.71-0.530.57-0.70.430.37-0.49-0.320.680.45-0.220.990.20.640.470.58-0.37-0.660.850.61-0.660.77-0.39-0.29
0.85-0.710.92-0.420.51-0.56-0.30.920.77-0.36-0.390.57-0.690.48-0.51-0.54-0.460.810.5-0.45-0.370.81-0.410.630.05
0.88-0.530.92-0.420.4-0.46-0.070.820.89-0.24-0.30.58-0.520.64-0.34-0.39-0.310.860.33-0.39-0.30.83-0.430.52-0.01
-0.20.57-0.42-0.42-0.410.41-0.31-0.27-0.390.890.31-0.440.52-0.010.630.170.76-0.23-0.320.470.43-0.470.55-0.03-0.3
0.2-0.70.510.4-0.41-0.62-0.260.280.34-0.52-0.91-0.14-0.670.01-0.56-0.58-0.540.350.97-0.49-0.960.75-0.450.640.02
-0.470.43-0.56-0.460.41-0.620.01-0.55-0.350.440.61-0.430.39-0.230.510.790.49-0.28-0.60.050.64-0.60.1-0.43-0.32
-0.090.37-0.3-0.07-0.31-0.260.01-0.320.17-0.10.170.30.420.210.410.10.19-0.15-0.390.140.08-0.14-0.03-0.390.24
0.89-0.490.920.82-0.270.28-0.55-0.320.61-0.15-0.240.68-0.470.49-0.43-0.5-0.360.650.32-0.16-0.140.66-0.140.60.03
0.84-0.320.770.89-0.390.34-0.350.170.61-0.24-0.290.49-0.290.82-0.15-0.33-0.190.930.25-0.26-0.250.66-0.290.47-0.11
-0.020.68-0.36-0.240.89-0.520.44-0.1-0.15-0.240.37-0.270.650.190.690.30.77-0.16-0.440.560.53-0.340.56-0.04-0.34
-0.20.45-0.39-0.30.31-0.910.610.17-0.24-0.290.370.140.41-0.130.490.580.49-0.29-0.890.20.92-0.660.17-0.60.06
0.64-0.220.570.58-0.44-0.14-0.430.30.680.49-0.270.14-0.180.4-0.14-0.38-0.220.36-0.2-0.070.140.28-0.12-0.010.48
-0.210.99-0.69-0.520.52-0.670.390.42-0.47-0.290.650.41-0.180.240.630.420.55-0.36-0.640.870.58-0.640.8-0.36-0.28
0.820.20.480.64-0.010.01-0.230.210.490.820.19-0.130.40.240.09-0.190.050.78-0.020.320.060.350.270.4-0.31
-0.220.64-0.51-0.340.63-0.560.510.41-0.43-0.150.690.49-0.140.630.090.220.96-0.25-0.580.290.49-0.470.27-0.28-0.03
-0.420.47-0.54-0.390.17-0.580.790.1-0.5-0.330.30.58-0.380.42-0.190.220.18-0.28-0.580.180.59-0.520.07-0.53-0.3
-0.20.58-0.46-0.310.76-0.540.490.19-0.36-0.190.770.49-0.220.550.050.960.18-0.22-0.530.260.49-0.440.26-0.23-0.07
0.84-0.370.810.86-0.230.35-0.28-0.150.650.93-0.16-0.290.36-0.360.78-0.25-0.28-0.220.29-0.25-0.20.61-0.230.5-0.15
0.2-0.660.50.33-0.320.97-0.6-0.390.320.25-0.44-0.89-0.2-0.64-0.02-0.58-0.58-0.530.29-0.39-0.910.7-0.330.73-0.09
0.020.85-0.45-0.390.47-0.490.050.14-0.16-0.260.560.2-0.070.870.320.290.180.26-0.25-0.390.45-0.480.95-0.11-0.3
-0.070.61-0.37-0.30.43-0.960.640.08-0.14-0.250.530.920.140.580.060.490.590.49-0.2-0.910.45-0.70.44-0.49-0.12
0.63-0.660.810.83-0.470.75-0.6-0.140.660.66-0.34-0.660.28-0.640.35-0.47-0.52-0.440.610.7-0.48-0.7-0.510.67-0.04
0.00.77-0.41-0.430.55-0.450.1-0.03-0.14-0.290.560.17-0.120.80.270.270.070.26-0.23-0.330.950.44-0.51-0.01-0.35
0.59-0.390.630.52-0.030.64-0.43-0.390.60.47-0.04-0.6-0.01-0.360.4-0.28-0.53-0.230.50.73-0.11-0.490.67-0.01-0.5
-0.13-0.290.05-0.01-0.30.02-0.320.240.03-0.11-0.340.060.48-0.28-0.31-0.03-0.3-0.07-0.15-0.09-0.3-0.12-0.04-0.35-0.5
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Canada Rare Account Relationship Matchups

Canada Rare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5M603.1K1.2M2.3M3.1M2.9M
Total Current Liabilities1.4M661.6K1.4M1.7M2.8M2.9M
Total Stockholder Equity(46.0K)(183.5K)(532.2K)6.1K(787.2K)(747.8K)
Net Debt(164.2K)(30.6K)458.7K1.0M508.3K533.8K
Retained Earnings(25.1M)(25.7M)(26.8M)(26.6M)(27.5M)(26.1M)
Accounts Payable533.4K668.2K793.2K590.3K177.1K252.3K
Cash204.3K33.8K77.0K220.6K221.6K333.2K
Non Current Assets Total919.2K240.3K717.0K1.0M1.1M1.4M
Cash And Short Term Investments514.2K204.3K33.8K220.6K221.6K210.5K
Net Receivables197.8K5.4K324.7K574.2K375.4K394.1K
Common Stock Shares Outstanding200.1M204.2M205.6M209.7M210.6M114.6M
Liabilities And Stockholders Equity1.1M1.5M603.1K2.3M3.1M3.0M
Other Stockholder Equity8.3M8.3M8.5M8.8M10.1M11.3M
Total Liab1.6M786.6K1.7M2.3M3.9M4.1M
Total Current Assets600.5K362.8K478.5K1.3M2.0M2.1M
Short Long Term Debt Total1.1M40.1K3.3K1.2M729.9K520.1K
Other Current Liab324K1.3M658.4K590.3K336.2K334.2K
Short Term Debt1.1M36.8K3.3K1.1M632.1K424.2K
Net Tangible Assets(65.9K)(183.5K)(596.6K)(31.6K)(28.5K)(27.1K)
Other Current Assets323.6K73.3K59.7K464.8K1.4M1.4M
Common Stock16.8M17.0M17.5M17.6M17.6M16.4M
Accumulated Other Comprehensive Income8.3M8.3M8.5M9.0M9.1M8.8M
Inventory(125.1K)250.3K59.7K453.1K1.4M1.4M
Intangible Assets19.9K1.064.4K37.8K11.1K10.6K
Non Current Liabilities Total179.3K125K349.4K602.7K1.1M1.2M
Short Long Term Debt410.4K1.1M535.7K1.0M1.2M713.1K
Other Liab250K176K125K436.4K392.7K207.9K
Net Invested Capital(46.0K)(183.5K)3.5K1.0M1.2M1.2M
Net Working Capital(785.9K)(298.9K)(899.9K)(406.4K)(365.7K)(384.0K)
Capital Stock16.8M17.0M17.5M17.6M20.2M18.5M

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