Chakana Change To Liabilities vs Net Income Analysis

PERU Stock  CAD 0.03  0.01  20.00%   
Chakana Copper financial indicator trend analysis is way more than just evaluating Chakana Copper Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chakana Copper Corp is a good investment. Please check the relationship between Chakana Copper Change To Liabilities and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Chakana 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 employment.

Change To Liabilities vs Net Income

Change To Liabilities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chakana Copper Corp Change To Liabilities account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Chakana Copper's Change To Liabilities and Net Income is 0.36. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Net Income in the same time period over historical financial statements of Chakana Copper Corp, assuming nothing else is changed. The correlation between historical values of Chakana Copper's Change To Liabilities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Chakana Copper Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Liabilities i.e., Chakana Copper's Change To Liabilities and Net Income go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Liabilities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Chakana Copper Corp financial statement analysis. It represents the amount of money remaining after all of Chakana Copper Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Chakana Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chakana 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Chakana 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 employment.
At this time, Chakana Copper's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (6.55) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation127.9K108.7K96.5K114.8K
Cost Of Revenue127.9K108.7K96.5K114.8K

Chakana Copper fundamental ratios Correlations

0.530.821.00.67-0.88-0.70.90.710.930.91-0.430.620.90.780.90.980.690.830.620.74-0.55-0.37-0.50.41-0.46
0.530.890.490.53-0.32-0.680.340.550.710.35-0.30.490.590.920.340.480.920.680.560.77-0.76-0.31-0.630.58-0.56
0.820.890.790.63-0.63-0.740.650.670.860.66-0.310.590.821.00.650.760.930.820.630.8-0.69-0.28-0.570.59-0.53
1.00.490.790.66-0.89-0.680.910.70.920.91-0.430.610.890.760.910.980.660.810.610.72-0.53-0.37-0.480.39-0.44
0.670.530.630.66-0.28-0.960.361.00.750.36-0.390.990.710.630.370.710.490.910.980.74-0.85-0.77-0.880.87-0.93
-0.88-0.32-0.63-0.89-0.280.3-0.99-0.32-0.73-0.990.33-0.22-0.7-0.58-0.99-0.87-0.6-0.47-0.2-0.470.160.010.080.040.01
-0.7-0.68-0.74-0.68-0.960.3-0.36-0.97-0.82-0.370.4-0.93-0.78-0.76-0.37-0.69-0.59-0.97-0.98-0.850.920.710.93-0.90.94
0.90.340.650.910.36-0.99-0.360.410.761.0-0.350.320.730.61.00.910.630.510.280.5-0.21-0.07-0.150.03-0.08
0.710.550.670.71.0-0.32-0.970.410.790.41-0.40.990.740.670.410.740.520.930.980.77-0.86-0.76-0.890.86-0.92
0.930.710.860.920.75-0.73-0.820.760.790.77-0.440.690.860.850.770.90.770.890.730.9-0.78-0.52-0.710.54-0.64
0.910.350.660.910.36-0.99-0.371.00.410.77-0.350.310.740.611.00.910.640.520.290.52-0.22-0.07-0.150.03-0.09
-0.43-0.3-0.31-0.43-0.390.330.4-0.35-0.4-0.44-0.35-0.37-0.57-0.31-0.35-0.42-0.31-0.42-0.37-0.380.350.280.34-0.280.32
0.620.490.590.610.99-0.22-0.930.320.990.690.31-0.370.660.580.320.670.440.870.970.7-0.82-0.77-0.860.86-0.92
0.90.590.820.890.71-0.7-0.780.730.740.860.74-0.570.660.820.730.860.680.870.680.7-0.58-0.26-0.550.63-0.55
0.780.921.00.760.63-0.58-0.760.60.670.850.61-0.310.580.820.60.720.930.820.640.8-0.72-0.28-0.60.62-0.56
0.90.340.650.910.37-0.99-0.371.00.410.771.0-0.350.320.730.60.910.640.510.290.5-0.22-0.08-0.150.04-0.09
0.980.480.760.980.71-0.87-0.690.910.740.90.91-0.420.670.860.720.910.680.790.650.72-0.53-0.4-0.50.4-0.47
0.690.920.930.660.49-0.6-0.590.630.520.770.64-0.310.440.680.930.640.680.630.480.73-0.59-0.15-0.460.42-0.39
0.830.680.820.810.91-0.47-0.970.510.930.890.52-0.420.870.870.820.510.790.630.910.86-0.87-0.65-0.850.83-0.85
0.620.560.630.610.98-0.2-0.980.280.980.730.29-0.370.970.680.640.290.650.480.910.79-0.89-0.79-0.920.89-0.96
0.740.770.80.720.74-0.47-0.850.50.770.90.52-0.380.70.70.80.50.720.730.860.79-0.87-0.59-0.810.61-0.73
-0.55-0.76-0.69-0.53-0.850.160.92-0.21-0.86-0.78-0.220.35-0.82-0.58-0.72-0.22-0.53-0.59-0.87-0.89-0.870.80.97-0.810.94
-0.37-0.31-0.28-0.37-0.770.010.71-0.07-0.76-0.52-0.070.28-0.77-0.26-0.28-0.08-0.4-0.15-0.65-0.79-0.590.80.85-0.570.84
-0.5-0.63-0.57-0.48-0.880.080.93-0.15-0.89-0.71-0.150.34-0.86-0.55-0.6-0.15-0.5-0.46-0.85-0.92-0.810.970.85-0.840.98
0.410.580.590.390.870.04-0.90.030.860.540.03-0.280.860.630.620.040.40.420.830.890.61-0.81-0.57-0.84-0.91
-0.46-0.56-0.53-0.44-0.930.010.94-0.08-0.92-0.64-0.090.32-0.92-0.55-0.56-0.09-0.47-0.39-0.85-0.96-0.730.940.840.98-0.91
Click cells to compare fundamentals

Chakana Copper Account Relationship Matchups

Chakana Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8M13.2M10.9M9.2M10.8M7.5M
Other Current Liab339.1K1.2M642.4K383.9K441.4K445.0K
Total Current Liabilities339.1K1.3M692.4K441.4K692.7K390.7K
Total Stockholder Equity10.5M11.7M10.0M8.7M10.1M7.0M
Property Plant And Equipment Net3.5M3.7M4.5M6.5M8.2M8.6M
Net Debt(6.7M)(8.4M)(5.3M)(2.1M)(1.9M)(2.0M)
Retained Earnings(20.2M)(28.6M)(36.0M)(38.4M)(40.9M)(38.9M)
Cash6.7M8.7M5.6M2.3M2.3M4.5M
Non Current Assets Total4.0M4.3M5.1M6.8M8.4M8.8M
Non Currrent Assets Other525.8K558.3K566.2K342.0K393.3K379.6K
Cash And Short Term Investments6.7M8.7M5.6M2.3M2.6M3.8M
Common Stock Shares Outstanding95.0M98.4M112.9M169.2M257.5M270.4M
Liabilities And Stockholders Equity10.8M13.2M10.9M9.2M10.6M6.3M
Other Stockholder Equity1.1M2.5M3.0M2.2M2.6M1.7M
Total Liab339.1K1.5M857.5K562.0K750.9K436.3K
Total Current Assets6.8M8.9M5.8M2.4M2.4M4.6M
Accumulated Other Comprehensive Income724.6K303.0K768.3K1.2M1.4M1.4M
Net Tangible Assets10.5M11.7M10.0M8.7M10.0M11.5M
Accounts Payable295.9K1.2M574.7K268.3K308.5K517.9K
Common Stock28.7M37.5M42.2M43.7M50.3M32.4M
Property Plant Equipment3.5M3.7M4.5M6.5M7.5M7.8M
Other Assets525.8K558.3K566.2K342.0K393.3K455.5K
Other Current Assets135.0K229.0K241.2K153.2K166.9K156.4K
Net Invested Capital10.5M11.7M10.0M8.7M10.1M8.9M
Capital Stock28.7M37.5M42.2M43.7M47.6M42.1M
Net Working Capital6.5M7.6M5.1M2.0M1.8M1.7M

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Additional Tools for Chakana Stock Analysis

When running Chakana Copper's price analysis, check to measure Chakana 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 Chakana Copper is operating at the current time. Most of Chakana Copper's value examination focuses on studying past and present price action to predict the probability of Chakana Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chakana Copper's price. Additionally, you may evaluate how the addition of Chakana Copper to your portfolios can decrease your overall portfolio volatility.