Rockhaven Total Assets vs Total Stockholder Equity Analysis
RK Stock | CAD 0.09 0.01 12.50% |
Rockhaven Resources financial indicator trend analysis is much more than just breaking down Rockhaven Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockhaven Resources is a good investment. Please check the relationship between Rockhaven Resources Total Assets and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockhaven Resources. 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.
Total Assets vs Total Stockholder Equity
Total Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockhaven Resources Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Rockhaven Resources' Total Assets and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Rockhaven Resources, assuming nothing else is changed. The correlation between historical values of Rockhaven Resources' Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Rockhaven Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Rockhaven Resources' Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Rockhaven Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rockhaven Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Rockhaven Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockhaven Resources 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 Rockhaven Resources. 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 612.3 K in 2024, despite the fact that Tax Provision is likely to grow to (91.7 K).
Rockhaven Resources fundamental ratios Correlations
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Rockhaven Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rockhaven Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.9M | 44.0M | 45.2M | 49.5M | 49.1M | 29.4M | |
Total Current Liabilities | 582.8K | 1.6M | 313.2K | 202.5K | 126.5K | 120.2K | |
Total Stockholder Equity | 36.3M | 40.0M | 41.4M | 45.5M | 45.3M | 27.3M | |
Property Plant And Equipment Net | 36.0M | 38.7M | 43.1M | 46.9M | 48.0M | 27.0M | |
Net Debt | (2.8M) | (5.1M) | (2.0M) | (2.5M) | (65.7K) | (68.9K) | |
Retained Earnings | (11.9M) | (12.1M) | (12.0M) | (12.8M) | (13.2M) | (13.9M) | |
Accounts Payable | 101.2K | 195.1K | 218.3K | 202.5K | 98.0K | 120.0K | |
Cash | 2.8M | 5.1M | 2.0M | 2.5M | 65.7K | 62.4K | |
Non Current Assets Total | 36.0M | 38.7M | 43.1M | 46.9M | 48.1M | 27.0M | |
Cash And Short Term Investments | 2.9M | 5.2M | 2.0M | 2.6M | 1.0M | 986.0K | |
Net Receivables | 27.9K | 40.7K | 30.9K | 24.2K | 12.4K | 11.8K | |
Common Stock Shares Outstanding | 167.1M | 195.0M | 212.1M | 250.2M | 276.1M | 289.9M | |
Liabilities And Stockholders Equity | 38.9M | 44.0M | 45.2M | 49.5M | 49.1M | 29.4M | |
Other Stockholder Equity | 897.4K | 882.9K | 569.0K | 743.8K | 669.4K | 635.9K | |
Total Liab | 2.6M | 4.0M | 3.8M | 4.0M | 3.8M | 2.1M | |
Total Current Assets | 2.9M | 5.3M | 2.0M | 2.6M | 1.1M | 1.0M | |
Other Current Liab | 481.6K | 1.4M | 95.0K | 28.6K | 32.9K | 31.2K | |
Non Current Liabilities Total | 2.0M | 2.4M | 3.5M | 3.8M | 3.7M | 2.2M | |
Non Currrent Assets Other | 3.1K | 153.0 | 160.0 | 58.7K | 52.8K | 27.7K | |
Short Term Investments | 41.5K | 47.0K | 99.6K | 36.0K | 972.2K | 1.0M | |
Other Liab | 2.0M | 2.4M | 3.5M | 3.8M | 4.4M | 2.2M | |
Net Tangible Assets | 36.3M | 40.0M | 41.4M | 45.5M | 52.4M | 36.2M | |
Other Assets | 104.4K | 3.1K | 153.0 | 160.0 | 184.0 | 174.8 | |
Common Stock | 47.4M | 51.2M | 52.8M | 57.6M | 66.2M | 49.1M | |
Property Plant Equipment | 36.0M | 38.7M | 43.1M | 46.9M | 54.0M | 37.0M | |
Other Current Assets | 40.9K | 39.7K | 21.9K | 25.4K | 25.8K | 26.2K | |
Net Invested Capital | 36.3M | 40.0M | 41.4M | 45.5M | 45.3M | 43.1M | |
Net Working Capital | 2.4M | 3.7M | 1.7M | 2.4M | 949.5K | 902.0K | |
Capital Stock | 47.4M | 51.2M | 52.8M | 57.6M | 66.2M | 56.9M |
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When running Rockhaven Resources' price analysis, check to measure Rockhaven Resources' 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 Rockhaven Resources is operating at the current time. Most of Rockhaven Resources' value examination focuses on studying past and present price action to predict the probability of Rockhaven Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockhaven Resources' price. Additionally, you may evaluate how the addition of Rockhaven Resources to your portfolios can decrease your overall portfolio volatility.