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 Direction | Negative |
Relationship Strength | Insignificant |
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
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Canada Rare Account Relationship Matchups
High Positive Relationship
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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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