Rackla Deferred Long Term Liab vs Cash Analysis

RAK Stock

CAD 0.14 0.02 16.67%

Rackla Metals financial indicator trend analysis is much more than just breaking down Rackla Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rackla Metals is a good investment. Please check the relationship between Rackla Metals Deferred Long Term Liab and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackla Metals. 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.

Deferred Long Term Liab vs Cash

Deferred Long Term Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rackla Metals Deferred Long Term Liab account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Rackla Metals' Deferred Long Term Liab and Cash is -0.11. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Rackla Metals, assuming nothing else is changed. The correlation between historical values of Rackla Metals' Deferred Long Term Liab 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 Deferred Long Term Liab of Rackla Metals 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 Deferred Long Term Liab i.e., Rackla Metals' Deferred Long Term Liab and Cash go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Cash

Cash refers to the most liquid asset of Rackla Metals, which is listed under current asset account on Rackla Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rackla Metals customers. The amounts must be unrestricted with restricted cash listed in a different Rackla Metals 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 Rackla Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rackla Metals 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 Rackla Metals. 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.

Selling General Administrative is likely to climb to about 1.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.1 M in 2024.

Rackla Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Deferred Long Term Liab	Other Current Liab
Total Assets		0.8	0.99	0.66	-0.6	0.66	0.85	0.8	0.02	-0.16	-0.39	0.8	0.92	0.64	0.0	0.48	-0.29	0.81	0.94	0.88	0.81	0.58	0.58	-0.47	-0.5
Total Current Liabilities	0.8		0.7	0.16	-0.51	0.43	0.95	0.66	-0.36	-0.51	-0.59	1.0	0.93	0.66	-0.41	0.29	-0.18	0.76	0.85	0.92	0.73	0.32	0.31	-0.17	-0.22
Total Stockholder Equity	0.99	0.7		0.76	-0.56	0.65	0.78	0.77	0.14	-0.03	-0.3	0.7	0.86	0.59	0.13	0.49	-0.3	0.77	0.9	0.81	0.78	0.59	0.59	-0.49	-0.52
Net Tangible Assets	0.66	0.16	0.76		-0.11	0.31	0.3	0.43	0.6	0.51	0.12	0.17	0.35	0.22	0.65	0.37	-0.2	0.35	0.44	0.32	0.35	0.28	0.3	-0.25	-0.26
Retained Earnings	-0.6	-0.51	-0.56	-0.11		-0.96	-0.4	-0.85	0.46	0.65	0.66	-0.52	-0.57	-0.82	0.54	-0.76	0.31	-0.84	-0.77	-0.48	-0.87	-0.94	-0.95	0.85	0.92
Accounts Payable	0.66	0.43	0.65	0.31	-0.96		0.35	0.85	-0.28	-0.47	-0.52	0.43	0.55	0.74	-0.33	0.78	-0.34	0.79	0.77	0.44	0.85	0.99	0.99	-0.92	-0.97
Cash	0.85	0.95	0.78	0.3	-0.4	0.35		0.56	-0.17	-0.29	-0.4	0.95	0.97	0.53	-0.2	0.12	-0.17	0.7	0.84	0.99	0.68	0.26	0.23	-0.11	-0.15
Other Assets	0.8	0.66	0.77	0.43	-0.85	0.85	0.56		-0.32	-0.5	-0.65	0.67	0.69	0.87	-0.38	0.89	-0.37	0.87	0.9	0.59	0.87	0.77	0.81	-0.69	-0.72
Net Receivables	0.02	-0.36	0.14	0.6	0.46	-0.28	-0.17	-0.32		0.9	0.4	-0.36	-0.2	-0.38	0.9	-0.29	-0.17	-0.27	-0.28	-0.18	-0.28	-0.25	-0.26	0.22	0.23
Short Term Investments	-0.16	-0.51	-0.03	0.51	0.65	-0.47	-0.29	-0.5	0.9		0.64	-0.51	-0.36	-0.56	0.92	-0.42	0.04	-0.46	-0.44	-0.3	-0.47	-0.43	-0.44	0.38	0.4
Other Stockholder Equity	-0.39	-0.59	-0.3	0.12	0.66	-0.52	-0.4	-0.65	0.4	0.64		-0.6	-0.45	-0.79	0.64	-0.56	0.49	-0.65	-0.55	-0.39	-0.62	-0.44	-0.47	0.33	0.4
Total Liab	0.8	1.0	0.7	0.17	-0.52	0.43	0.95	0.67	-0.36	-0.51	-0.6		0.93	0.67	-0.41	0.29	-0.18	0.76	0.85	0.92	0.73	0.32	0.32	-0.17	-0.22
Total Current Assets	0.92	0.93	0.86	0.35	-0.57	0.55	0.97	0.69	-0.2	-0.36	-0.45	0.93		0.6	-0.24	0.28	-0.21	0.78	0.93	0.98	0.77	0.46	0.44	-0.34	-0.36
Common Stock	0.64	0.66	0.59	0.22	-0.82	0.74	0.53	0.87	-0.38	-0.56	-0.79	0.67	0.6		-0.5	0.77	-0.35	0.94	0.78	0.57	0.91	0.66	0.7	-0.46	-0.63
Property Plant Equipment	0.0	-0.41	0.13	0.65	0.54	-0.33	-0.2	-0.38	0.9	0.92	0.64	-0.41	-0.24	-0.5		-0.34	0.04	-0.36	-0.32	-0.21	-0.34	-0.28	-0.29	0.24	0.25
Non Current Assets Total	0.48	0.29	0.49	0.37	-0.76	0.78	0.12	0.89	-0.29	-0.42	-0.56	0.29	0.28	0.77	-0.34		-0.3	0.66	0.61	0.17	0.66	0.73	0.8	-0.7	-0.73
Non Currrent Assets Other	-0.29	-0.18	-0.3	-0.2	0.31	-0.34	-0.17	-0.37	-0.17	0.04	0.49	-0.18	-0.21	-0.35	0.04	-0.3		-0.37	-0.3	-0.2	-0.37	-0.29	-0.31	0.23	0.28
Common Stock Shares Outstanding	0.81	0.76	0.77	0.35	-0.84	0.79	0.7	0.87	-0.27	-0.46	-0.65	0.76	0.78	0.94	-0.36	0.66	-0.37		0.89	0.76	0.99	0.73	0.74	-0.51	-0.68
Net Invested Capital	0.94	0.85	0.9	0.44	-0.77	0.77	0.84	0.9	-0.28	-0.44	-0.55	0.85	0.93	0.78	-0.32	0.61	-0.3	0.89		0.87	0.9	0.69	0.69	-0.57	-0.6
Net Working Capital	0.88	0.92	0.81	0.32	-0.48	0.44	0.99	0.59	-0.18	-0.3	-0.39	0.92	0.98	0.57	-0.21	0.17	-0.2	0.76	0.87		0.75	0.36	0.34	-0.21	-0.26
Capital Stock	0.81	0.73	0.78	0.35	-0.87	0.85	0.68	0.87	-0.28	-0.47	-0.62	0.73	0.77	0.91	-0.34	0.66	-0.37	0.99	0.9	0.75		0.79	0.8	-0.59	-0.74
Property Plant And Equipment Net	0.58	0.32	0.59	0.28	-0.94	0.99	0.26	0.77	-0.25	-0.43	-0.44	0.32	0.46	0.66	-0.28	0.73	-0.29	0.73	0.69	0.36	0.79		1.0	-0.94	-0.99
Property Plant And Equipment Gross	0.58	0.31	0.59	0.3	-0.95	0.99	0.23	0.81	-0.26	-0.44	-0.47	0.32	0.44	0.7	-0.29	0.8	-0.31	0.74	0.69	0.34	0.8	1.0		-0.94	-0.99
Deferred Long Term Liab	-0.47	-0.17	-0.49	-0.25	0.85	-0.92	-0.11	-0.69	0.22	0.38	0.33	-0.17	-0.34	-0.46	0.24	-0.7	0.23	-0.51	-0.57	-0.21	-0.59	-0.94	-0.94		0.94
Other Current Liab	-0.5	-0.22	-0.52	-0.26	0.92	-0.97	-0.15	-0.72	0.23	0.4	0.4	-0.22	-0.36	-0.63	0.25	-0.73	0.28	-0.68	-0.6	-0.26	-0.74	-0.99	-0.99	0.94

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Rackla Metals Account Relationship Matchups

Rackla Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	80.4K	107.6K	1.3M	4.7M	2.7M	2.9M
Total Current Liabilities	308.3K	47.7K	294.7K	1.3M	493.8K	310.0K
Total Stockholder Equity	(228.0K)	59.8K	1.0M	3.4M	2.2M	2.3M
Net Tangible Assets	(2.9K)	(228.0K)	59.8K	1.0M	922.3K	968.4K
Retained Earnings	(8.1M)	(8.3M)	(8.6M)	(10.2M)	(14.9M)	(14.2M)
Accounts Payable	40.3K	25.9K	70.8K	127.4K	356.4K	374.2K
Cash	14.0K	20.6K	25.8K	4.4M	1.2M	631.1K
Net Receivables	1.4K	3.1K	4.8K	2.4K	2.2K	2.2K
Short Term Investments	2.3K	11.3K	5.6K	3.0K	1.5K	1.4K
Other Stockholder Equity	71.6K	67.8K	76.4K	65.6K	59.0K	82.9K
Total Liab	308.3K	47.7K	294.7K	1.3M	500.3K	310.7K
Total Current Assets	19.4K	36.6K	35.0K	4.4M	1.6M	1.7M
Property Plant Equipment	54.6K	2.2K	1.0	10.0K	9.0K	8.6K
Non Current Assets Total	61.0K	71.0K	1.3M	219.6K	1.1M	1.1M
Net Invested Capital	(228.0K)	59.8K	1.0M	3.4M	2.2M	2.3M
Net Working Capital	(289.0K)	(11.2K)	(259.6K)	3.2M	1.1M	585.4K

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