Ressources Operating Income vs Net Receivables Analysis

RDS Stock

CAD 0.24 0.01 4.00%

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

Operating Income vs Net Receivables

Operating Income vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ressources Minieres Operating Income account and Net Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between Ressources Minieres' Operating Income and Net Receivables is -0.74. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Ressources Minieres Radisson, assuming nothing else is changed. The correlation between historical values of Ressources Minieres' Operating Income and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ressources Minieres Radisson are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Operating Income i.e., Ressources Minieres' Operating Income and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

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Operating Income

Operating Income is the amount of profit realized from Ressources Minieres operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ressources Minieres Radisson is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Receivables

Most indicators from Ressources Minieres' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ressources Minieres 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 Ressources Minieres Radisson. 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.

At this time, Ressources Minieres' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 21.08 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 5.7 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	67.9K	166.3K	120.0K	126.0K
Interest Income	131.1K	63.5K	147.7K	155.1K

Reconciled Depreciation Interest Income

Ressources Minieres fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Short Term Investments	Other Liab	Net Tangible Assets
Total Assets		0.3	0.5	0.43	1.0	0.98	-0.6	-0.55	0.58	0.98	0.81	0.61	0.98	0.91	0.43	0.03	-0.51	0.91	0.82	-0.64	0.83	-0.23	0.86	0.71	0.81	1.0
Short Long Term Debt Total	0.3		0.01	-0.1	0.31	0.33	0.04	-0.11	-0.07	0.32	0.2	-0.07	0.28	0.22	0.06	-0.01	-0.15	0.2	0.15	-0.62	-0.04	0.13	0.24	0.45	-0.14	0.3
Other Current Liab	0.5	0.01		0.98	0.48	0.41	-0.74	-0.16	0.73	0.42	0.58	0.66	0.45	0.45	0.32	0.21	-0.3	0.59	0.63	-0.09	0.48	-0.15	0.47	0.05	0.39	0.48
Total Current Liabilities	0.43	-0.1	0.98		0.41	0.34	-0.73	-0.12	0.73	0.35	0.53	0.66	0.38	0.39	0.29	0.21	-0.26	0.54	0.59	0.01	0.45	-0.14	0.41	-0.04	0.38	0.41
Total Stockholder Equity	1.0	0.31	0.48	0.41		0.99	-0.57	-0.53	0.55	0.99	0.79	0.61	0.98	0.88	0.44	0.01	-0.53	0.89	0.81	-0.64	0.83	-0.2	0.88	0.71	0.79	1.0
Property Plant And Equipment Net	0.98	0.33	0.41	0.34	0.99		-0.45	-0.54	0.43	1.0	0.7	0.58	0.98	0.86	0.35	0.02	-0.48	0.85	0.7	-0.68	0.79	-0.21	0.82	0.71	0.76	0.99
Net Debt	-0.6	0.04	-0.74	-0.73	-0.57	-0.45		0.26	-1.0	-0.47	-0.87	-0.57	-0.51	-0.67	-0.28	-0.06	0.32	-0.75	-0.86	0.04	-0.59	0.15	-0.53	-0.22	-0.67	-0.56
Retained Earnings	-0.55	-0.11	-0.16	-0.12	-0.53	-0.54	0.26		-0.25	-0.54	-0.44	-0.29	-0.67	-0.69	-0.25	-0.19	0.06	-0.66	-0.46	0.69	-0.37	0.9	-0.38	-0.47	-0.41	-0.56
Cash	0.58	-0.07	0.73	0.73	0.55	0.43	-1.0	-0.25		0.45	0.86	0.58	0.49	0.66	0.27	0.06	-0.32	0.73	0.85	-0.01	0.58	-0.15	0.52	0.19	0.67	0.54
Non Current Assets Total	0.98	0.32	0.42	0.35	0.99	1.0	-0.47	-0.54	0.45		0.71	0.59	0.98	0.87	0.35	0.02	-0.48	0.86	0.71	-0.67	0.79	-0.21	0.82	0.7	0.77	0.99
Cash And Short Term Investments	0.81	0.2	0.58	0.53	0.79	0.7	-0.87	-0.44	0.86	0.71		0.38	0.73	0.85	0.31	0.02	-0.39	0.88	0.94	-0.46	0.67	-0.19	0.7	0.67	0.75	0.79
Net Receivables	0.61	-0.07	0.66	0.66	0.61	0.58	-0.57	-0.29	0.58	0.59	0.38		0.61	0.52	0.5	0.18	-0.43	0.59	0.56	0.01	0.68	-0.22	0.59	-0.11	0.55	0.6
Common Stock Shares Outstanding	0.98	0.28	0.45	0.38	0.98	0.98	-0.51	-0.67	0.49	0.98	0.73	0.61		0.89	0.42	0.05	-0.49	0.88	0.76	-0.7	0.82	-0.37	0.85	0.69	0.75	0.98
Non Current Liabilities Total	0.91	0.22	0.45	0.39	0.88	0.86	-0.67	-0.69	0.66	0.87	0.85	0.52	0.89		0.3	0.17	-0.31	0.99	0.82	-0.61	0.69	-0.4	0.63	0.67	0.88	0.89
Inventory	0.43	0.06	0.32	0.29	0.44	0.35	-0.28	-0.25	0.27	0.35	0.31	0.5	0.42	0.3		-0.12	-0.4	0.33	0.6	-0.21	0.49	-0.18	0.64	0.19	0.23	0.44
Other Current Assets	0.03	-0.01	0.21	0.21	0.01	0.02	-0.06	-0.19	0.06	0.02	0.02	0.18	0.05	0.17	-0.12		-0.18	0.19	0.06	-0.06	0.12	-0.16	-0.16	-0.05	0.12	0.01
Other Stockholder Equity	-0.51	-0.15	-0.3	-0.26	-0.53	-0.48	0.32	0.06	-0.32	-0.48	-0.39	-0.43	-0.49	-0.31	-0.4	-0.18		-0.33	-0.49	0.15	-0.83	-0.16	-0.66	-0.3	-0.31	-0.52
Total Liab	0.91	0.2	0.59	0.54	0.89	0.85	-0.75	-0.66	0.73	0.86	0.88	0.59	0.88	0.99	0.33	0.19	-0.33		0.86	-0.57	0.71	-0.39	0.65	0.61	0.87	0.89
Total Current Assets	0.82	0.15	0.63	0.59	0.81	0.7	-0.86	-0.46	0.85	0.71	0.94	0.56	0.76	0.82	0.6	0.06	-0.49	0.86		-0.4	0.76	-0.23	0.79	0.57	0.73	0.81
Short Term Debt	-0.64	-0.62	-0.09	0.01	-0.64	-0.68	0.04	0.69	-0.01	-0.67	-0.46	0.01	-0.7	-0.61	-0.21	-0.06	0.15	-0.57	-0.4		-0.29	0.42	-0.49	-0.85	-0.26	-0.66
Common Stock	0.83	-0.04	0.48	0.45	0.83	0.79	-0.59	-0.37	0.58	0.79	0.67	0.68	0.82	0.69	0.49	0.12	-0.83	0.71	0.76	-0.29		-0.12	0.85	0.45	0.73	0.83
Accounts Payable	-0.23	0.13	-0.15	-0.14	-0.2	-0.21	0.15	0.9	-0.15	-0.21	-0.19	-0.22	-0.37	-0.4	-0.18	-0.16	-0.16	-0.39	-0.23	0.42	-0.12		-0.14	-0.12	-0.15	-0.23
Non Currrent Assets Other	0.86	0.24	0.47	0.41	0.88	0.82	-0.53	-0.38	0.52	0.82	0.7	0.59	0.85	0.63	0.64	-0.16	-0.66	0.65	0.79	-0.49	0.85	-0.14		0.58	0.54	0.87
Short Term Investments	0.71	0.45	0.05	-0.04	0.71	0.71	-0.22	-0.47	0.19	0.7	0.67	-0.11	0.69	0.67	0.19	-0.05	-0.3	0.61	0.57	-0.85	0.45	-0.12	0.58		0.48	0.71
Other Liab	0.81	-0.14	0.39	0.38	0.79	0.76	-0.67	-0.41	0.67	0.77	0.75	0.55	0.75	0.88	0.23	0.12	-0.31	0.87	0.73	-0.26	0.73	-0.15	0.54	0.48		0.78
Net Tangible Assets	1.0	0.3	0.48	0.41	1.0	0.99	-0.56	-0.56	0.54	0.99	0.79	0.6	0.98	0.89	0.44	0.01	-0.52	0.89	0.81	-0.66	0.83	-0.23	0.87	0.71	0.78

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Ressources Minieres Account Relationship Matchups

Ressources Minieres fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.4M	43.0M	52.6M	49.5M	56.9M	59.7M
Other Current Liab	669.0K	523.1K	2.0M	169.3K	477.0K	536.2K
Total Current Liabilities	669.6K	523.7K	2.0M	169.5K	477.5K	326.5K
Total Stockholder Equity	21.7M	35.6M	44.1M	43.8M	50.0M	52.5M
Property Plant And Equipment Net	16.1M	26.4M	38.1M	44.6M	47.2M	49.6M
Net Debt	(2.3M)	(11.3M)	(10.9M)	(1.6M)	(1.9M)	(2.0M)
Retained Earnings	(30.3M)	(32.6M)	(30.6M)	(32.6M)	(33.4M)	(35.1M)
Cash	2.3M	11.3M	10.9M	1.6M	1.9M	1.5M
Non Current Assets Total	16.1M	27.7M	40.0M	45.4M	47.8M	50.2M
Cash And Short Term Investments	2.4M	14.9M	10.9M	1.6M	8.7M	9.1M
Net Receivables	597.2K	310.4K	1.0M	955.1K	166.8K	213.9K
Common Stock Shares Outstanding	143.6M	201.6M	254.8M	276.1M	293.5M	308.2M
Liabilities And Stockholders Equity	25.4M	43.0M	52.6M	49.5M	56.9M	59.7M
Non Current Liabilities Total	3.0M	6.9M	6.4M	5.6M	6.4M	6.7M
Inventory	1.2M	446K	6.2M	1.5M	1.7M	1.8M
Other Current Assets	86.4K	77.8K	518.9K	126.7K	183.4K	241.9K
Other Stockholder Equity	560.9K	1.5M	1.1M	27.0K	453.0K	430.4K
Total Liab	3.7M	7.4M	8.4M	5.7M	6.9M	7.2M
Total Current Assets	9.4M	15.3M	12.5M	4.2M	9.0M	9.5M
Common Stock	47.0M	61.8M	68.0M	69.3M	75.6M	43.5M
Accounts Payable	669.63	523.65	2.0K	169.49	477.52	453.64
Accumulated Other Comprehensive Income	4.5M	5.0M	5.7M	7.1M	7.3M	7.7M
Short Term Investments	464.9K	175.1K	3.6M	0.0	6.8M	7.1M
Other Liab	1.3M	3.0M	6.9M	6.4M	7.4M	3.7M
Net Tangible Assets	13.8M	21.7M	35.6M	44.1M	50.8M	53.3M
Property Plant Equipment	13.8M	16.1M	26.4M	38.1M	43.8M	46.0M
Non Current Liabilities Other	1.9M	4.5M	2.0M	498.7K	1.1M	1.5M
Net Invested Capital	21.7M	35.6M	44.1M	43.8M	50.0M	34.9M
Net Working Capital	8.7M	14.8M	10.5M	4.0M	8.6M	7.8M
Capital Stock	47.0M	61.8M	68.0M	69.3M	75.6M	66.2M

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