ROK Cash vs Capital Stock Analysis

ROK Stock

CAD 0.18 0.01 5.88%

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

Cash vs Capital Stock

Cash vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROK Resources Cash account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ROK Resources' Cash and Capital Stock is -0.35. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Capital Stock in the same time period over historical financial statements of ROK Resources, assuming nothing else is changed. The correlation between historical values of ROK Resources' Cash and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ROK Resources are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Cash i.e., ROK Resources' Cash and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of ROK Resources, which is listed under current asset account on ROK Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ROK Resources customers. The amounts must be unrestricted with restricted cash listed in a different ROK Resources 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.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

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

At this time, ROK Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.57 in 2024, whereas Tax Provision is likely to drop (942.9 K) in 2024.

	2022	2023	2024 (projected)
Research Development	2.4M	467.9K	738.0K
Other Operating Expenses	1.3M	1.5M	1.6M

Research Development Other Operating Expenses

ROK Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Other Liab	Property Plant And Equipment Net	Property Plant Equipment	Property Plant And Equipment Gross	Net Debt	Other Assets	Long Term Debt	Deferred Long Term Liab	Short Long Term Debt	Non Currrent Assets Other
Total Assets		0.95	1.0	0.69	0.89	0.87	0.36	0.98	0.61	1.0	1.0	-0.73	0.98	1.0	-0.67	-0.61	0.47	1.0	0.76	0.97	0.9	-0.7	0.98	-0.7	0.95	-0.7
Total Current Liabilities	0.95		0.94	0.68	0.84	0.79	0.61	0.88	0.57	0.97	0.96	-0.68	0.9	0.93	-0.87	-0.59	0.41	0.95	0.74	0.94	0.76	-0.47	0.92	-0.47	0.91	-0.47
Total Stockholder Equity	1.0	0.94		0.67	0.88	0.86	0.33	0.99	0.6	0.99	1.0	-0.71	0.98	1.0	-0.64	-0.59	0.46	1.0	0.74	0.96	0.91	-0.73	0.99	-0.73	0.95	-0.73
Net Tangible Assets	0.69	0.68	0.67		0.87	0.86	0.43	0.67	0.83	0.72	0.69	-0.89	0.77	0.68	-0.57	-0.91	0.69	0.69	0.97	0.74	0.69	-0.33	0.71	-0.33	0.74	-0.33
Retained Earnings	0.89	0.84	0.88	0.87		0.95	0.36	0.88	0.77	0.9	0.89	-0.96	0.94	0.88	-0.61	-0.89	0.78	0.89	0.93	0.85	0.8	-0.63	0.86	-0.63	0.83	-0.63
Accounts Payable	0.87	0.79	0.86	0.86	0.95		0.24	0.87	0.74	0.87	0.85	-0.9	0.93	0.87	-0.54	-0.82	0.61	0.87	0.93	0.82	0.8	-0.68	0.84	-0.68	0.8	-0.68
Cash	0.36	0.61	0.33	0.43	0.36	0.24		0.21	0.38	0.42	0.39	-0.32	0.3	0.32	-0.88	-0.35	0.22	0.35	0.37	0.41	0.06	0.28	0.32	0.28	0.35	0.28
Net Receivables	0.98	0.88	0.99	0.67	0.88	0.87	0.21		0.61	0.97	0.98	-0.72	0.98	0.99	-0.53	-0.6	0.48	0.99	0.74	0.94	0.94	-0.8	0.98	-0.8	0.93	-0.8
Other Stockholder Equity	0.61	0.57	0.6	0.83	0.77	0.74	0.38	0.61		0.63	0.62	-0.81	0.71	0.61	-0.45	-0.85	0.7	0.61	0.76	0.58	0.55	-0.45	0.59	-0.45	0.56	-0.45
Total Liab	1.0	0.97	0.99	0.72	0.9	0.87	0.42	0.97	0.63		1.0	-0.75	0.98	0.99	-0.72	-0.64	0.48	1.0	0.78	0.97	0.88	-0.66	0.98	-0.66	0.95	-0.66
Total Current Assets	1.0	0.96	1.0	0.69	0.89	0.85	0.39	0.98	0.62	1.0		-0.72	0.98	1.0	-0.69	-0.61	0.47	1.0	0.75	0.97	0.89	-0.69	0.98	-0.69	0.95	-0.69
Common Stock	-0.73	-0.68	-0.71	-0.89	-0.96	-0.9	-0.32	-0.72	-0.81	-0.75	-0.72		-0.82	-0.72	0.51	0.97	-0.89	-0.73	-0.93	-0.69	-0.65	0.52	-0.69	0.52	-0.67	0.52
Common Stock Shares Outstanding	0.98	0.9	0.98	0.77	0.94	0.93	0.3	0.98	0.71	0.98	0.98	-0.82		0.98	-0.6	-0.72	0.57	0.98	0.82	0.94	0.91	-0.75	0.96	-0.75	0.92	-0.75
Net Invested Capital	1.0	0.93	1.0	0.68	0.88	0.87	0.32	0.99	0.61	0.99	1.0	-0.72	0.98		-0.63	-0.6	0.46	1.0	0.75	0.96	0.91	-0.73	0.99	-0.73	0.95	-0.73
Net Working Capital	-0.67	-0.87	-0.64	-0.57	-0.61	-0.54	-0.88	-0.53	-0.45	-0.72	-0.69	0.51	-0.6	-0.63		0.47	-0.27	-0.66	-0.59	-0.71	-0.38	0.0	-0.63	0.0	-0.65	0.0
Capital Stock	-0.61	-0.59	-0.59	-0.91	-0.89	-0.82	-0.35	-0.6	-0.85	-0.64	-0.61	0.97	-0.72	-0.6	0.47		-0.89	-0.61	-0.9	-0.59	-0.54	0.4	-0.58	0.4	-0.57	0.4
Other Liab	0.47	0.41	0.46	0.69	0.78	0.61	0.22	0.48	0.7	0.48	0.47	-0.89	0.57	0.46	-0.27	-0.89		0.47	0.7	0.42	0.42	-0.39	0.44	-0.39	0.41	-0.39
Property Plant And Equipment Net	1.0	0.95	1.0	0.69	0.89	0.87	0.35	0.99	0.61	1.0	1.0	-0.73	0.98	1.0	-0.66	-0.61	0.47		0.76	0.97	0.9	-0.71	0.98	-0.71	0.95	-0.71
Property Plant Equipment	0.76	0.74	0.74	0.97	0.93	0.93	0.37	0.74	0.76	0.78	0.75	-0.93	0.82	0.75	-0.59	-0.9	0.7	0.76		0.79	0.74	-0.42	0.77	-0.42	0.78	-0.42
Property Plant And Equipment Gross	0.97	0.94	0.96	0.74	0.85	0.82	0.41	0.94	0.58	0.97	0.97	-0.69	0.94	0.96	-0.71	-0.59	0.42	0.97	0.79		0.92	-0.56	0.99	-0.56	1.0	-0.56
Net Debt	0.9	0.76	0.91	0.69	0.8	0.8	0.06	0.94	0.55	0.88	0.89	-0.65	0.91	0.91	-0.38	-0.54	0.42	0.9	0.74	0.92		-0.73	0.95	-0.73	0.95	-0.73
Other Assets	-0.7	-0.47	-0.73	-0.33	-0.63	-0.68	0.28	-0.8	-0.45	-0.66	-0.69	0.52	-0.75	-0.73	0.0	0.4	-0.39	-0.71	-0.42	-0.56	-0.73		-0.67	1.0	-0.56	1.0
Long Term Debt	0.98	0.92	0.99	0.71	0.86	0.84	0.32	0.98	0.59	0.98	0.98	-0.69	0.96	0.99	-0.63	-0.58	0.44	0.98	0.77	0.99	0.95	-0.67		-0.67	0.99	-0.67
Deferred Long Term Liab	-0.7	-0.47	-0.73	-0.33	-0.63	-0.68	0.28	-0.8	-0.45	-0.66	-0.69	0.52	-0.75	-0.73	0.0	0.4	-0.39	-0.71	-0.42	-0.56	-0.73	1.0	-0.67		-0.56	1.0
Short Long Term Debt	0.95	0.91	0.95	0.74	0.83	0.8	0.35	0.93	0.56	0.95	0.95	-0.67	0.92	0.95	-0.65	-0.57	0.41	0.95	0.78	1.0	0.95	-0.56	0.99	-0.56		-0.56
Non Currrent Assets Other	-0.7	-0.47	-0.73	-0.33	-0.63	-0.68	0.28	-0.8	-0.45	-0.66	-0.69	0.52	-0.75	-0.73	0.0	0.4	-0.39	-0.71	-0.42	-0.56	-0.73	1.0	-0.67	1.0	-0.56

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ROK Resources Account Relationship Matchups

ROK Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2M	6.6M	13.1M	192.1M	165.1M	173.3M
Total Current Liabilities	55.2K	355.6K	2.8M	36.4M	17.7M	18.5M
Total Stockholder Equity	2.0M	2.9M	4.0M	109.5M	101.4M	106.5M
Net Tangible Assets	1.4M	2.0M	2.9M	4.0M	4.6M	2.4M
Retained Earnings	(116.8M)	(1.2M)	(3.5M)	76.5M	65.5M	68.8M
Accounts Payable	33.8K	55.2K	355.6K	1.4M	1.6M	1.7M
Cash	1.4M	1.3M	1.4M	1.2M	5.3M	0.0
Non Current Assets Total	918.2K	4.6M	11.2M	170.4M	147.2M	154.5M
Net Receivables	6.1K	445.1K	553.6K	10.9M	13.0M	13.7M
Non Current Liabilities Total	100K	3.3M	6.4M	46.2M	46.0M	48.3M
Total Liab	155.2K	3.7M	9.1M	82.6M	63.6M	66.8M
Total Current Assets	1.3M	2.0M	1.9M	21.7M	17.9M	18.8M
Common Stock	86.1M	87.2M	3.6M	6.3M	5.7M	5.4M
Common Stock Shares Outstanding	43.3M	59.0M	74.5M	211.6M	218.4M	229.3M
Net Invested Capital	2.0M	2.9M	7.8M	122.4M	115.5M	121.3M
Net Working Capital	1.2M	1.6M	(854.7K)	(14.7M)	246.3K	258.7K
Capital Stock	87.2M	3.6M	6.3M	25.9M	28.1M	36.1M

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