Rackla Property Plant Equipment vs Net Invested Capital 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 Property Plant Equipment and its Net Invested Capital 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.

Property Plant Equipment vs Net Invested Capital

Property Plant Equipment vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rackla Metals Property Plant Equipment account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Rackla Metals' Property Plant Equipment and Net Invested Capital is -0.32. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Invested Capital 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' Property Plant Equipment and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Rackla Metals are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant Equipment i.e., Rackla Metals' Property Plant Equipment and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Rackla Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC