Rover Total Current Liabilities vs Cash Analysis

ROVR Stock

CAD 0.01 0.01 33.33%

Rover Metals financial indicator trend analysis is much more than just breaking down Rover Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rover Metals Corp is a good investment. Please check the relationship between Rover Metals Total Current Liabilities and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rover Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rover Metals Corp Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Rover Metals' Total Current Liabilities and Cash is 0.56. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Rover Metals Corp, assuming nothing else is changed. The correlation between historical values of Rover Metals' Total Current Liabilities 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 Total Current Liabilities of Rover Metals Corp 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 Total Current Liabilities i.e., Rover Metals' Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Rover Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Rover Metals Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Rover Metals Corp, which is listed under current asset account on Rover Metals Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Rover Metals customers. The amounts must be unrestricted with restricted cash listed in a different Rover 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 Rover Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rover Metals Corp 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 Rover Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Rover Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 696 K in 2024.

Rover Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Capital Stock	Short Long Term Debt Total	Other Liab	Current Deferred Revenue
Total Assets		0.9	1.0	-0.08	-0.98	0.37	1.0	0.21	0.87	0.9	0.61	0.47	0.91	0.98	0.99	0.98	0.99	0.96	-0.4	0.94	0.76	-0.64	0.93	0.88	-0.95	-0.64
Total Current Liabilities	0.9		0.87	-0.28	-0.91	0.56	0.88	0.4	0.67	1.0	0.69	0.52	0.83	0.89	0.91	0.9	0.91	0.82	-0.43	0.77	0.58	-0.61	0.75	0.71	-0.8	-0.61
Total Stockholder Equity	1.0	0.87		-0.05	-0.97	0.34	1.0	0.18	0.88	0.88	0.59	0.46	0.9	0.98	0.99	0.98	0.99	0.96	-0.39	0.95	0.77	-0.64	0.93	0.89	-0.96	-0.64
Net Debt	-0.08	-0.28	-0.05		0.04	-0.94	0.01	-0.99	0.15	-0.28	-0.79	-0.53	0.18	-0.07	-0.09	0.02	-0.06	-0.11	-0.55	0.02	0.35	-0.29	0.08	0.2	0.06	-0.29
Retained Earnings	-0.98	-0.91	-0.97	0.04		-0.31	-0.97	-0.16	-0.83	-0.92	-0.6	-0.47	-0.89	-0.96	-0.97	-0.99	-0.97	-0.95	0.42	-0.91	-0.75	0.6	-0.9	-0.85	0.9	0.6
Cash	0.37	0.56	0.34	-0.94	-0.31		0.29	0.97	0.15	0.55	0.87	0.63	0.16	0.36	0.39	0.28	0.36	0.35	0.29	0.24	-0.07	-0.04	0.19	0.09	-0.33	-0.04
Non Current Assets Total	1.0	0.88	1.0	0.01	-0.97	0.29		0.12	0.89	0.88	0.53	0.42	0.93	0.98	0.99	0.99	0.99	0.95	-0.47	0.95	0.8	-0.68	0.94	0.91	-0.95	-0.68
Cash And Short Term Investments	0.21	0.4	0.18	-0.99	-0.16	0.97	0.12		-0.03	0.39	0.84	0.57	-0.05	0.19	0.22	0.11	0.19	0.23	0.47	0.1	-0.24	0.19	0.04	-0.08	-0.18	0.19
Other Stockholder Equity	0.87	0.67	0.88	0.15	-0.83	0.15	0.89	-0.03		0.68	0.33	0.46	0.91	0.88	0.87	0.89	0.86	0.79	-0.48	0.83	0.86	-0.76	0.85	0.89	-0.81	-0.76
Total Liab	0.9	1.0	0.88	-0.28	-0.92	0.55	0.88	0.39	0.68		0.69	0.51	0.83	0.9	0.92	0.9	0.92	0.83	-0.44	0.78	0.59	-0.61	0.76	0.71	-0.81	-0.61
Total Current Assets	0.61	0.69	0.59	-0.79	-0.6	0.87	0.53	0.84	0.33	0.69		0.73	0.33	0.58	0.59	0.54	0.57	0.63	0.32	0.48	0.11	-0.06	0.42	0.29	-0.54	-0.06
Net Receivables	0.47	0.52	0.46	-0.53	-0.47	0.63	0.42	0.57	0.46	0.51	0.73		0.33	0.56	0.5	0.46	0.48	0.49	0.29	0.36	0.19	-0.16	0.34	0.29	-0.41	-0.16
Common Stock Shares Outstanding	0.91	0.83	0.9	0.18	-0.89	0.16	0.93	-0.05	0.91	0.83	0.33	0.33		0.91	0.92	0.94	0.92	0.8	-0.67	0.83	0.87	-0.87	0.86	0.91	-0.84	-0.87
Net Tangible Assets	0.98	0.89	0.98	-0.07	-0.96	0.36	0.98	0.19	0.88	0.9	0.58	0.56	0.91		0.99	0.97	0.99	0.93	-0.42	0.92	0.76	-0.67	0.91	0.88	-0.95	-0.67
Accounts Payable	0.99	0.91	0.99	-0.09	-0.97	0.39	0.99	0.22	0.87	0.92	0.59	0.5	0.92	0.99		0.98	1.0	0.94	-0.43	0.93	0.76	-0.67	0.92	0.89	-0.95	-0.67
Common Stock	0.98	0.9	0.98	0.02	-0.99	0.28	0.99	0.11	0.89	0.9	0.54	0.46	0.94	0.97	0.98		0.98	0.93	-0.48	0.91	0.8	-0.7	0.91	0.89	-0.91	-0.7
Property Plant Equipment	0.99	0.91	0.99	-0.06	-0.97	0.36	0.99	0.19	0.86	0.92	0.57	0.48	0.92	0.99	1.0	0.98		0.94	-0.47	0.93	0.76	-0.67	0.92	0.88	-0.95	-0.67
Net Invested Capital	0.96	0.82	0.96	-0.11	-0.95	0.35	0.95	0.23	0.79	0.83	0.63	0.49	0.8	0.93	0.94	0.93	0.94		-0.27	0.98	0.77	-0.42	0.96	0.89	-0.95	-0.42
Net Working Capital	-0.4	-0.43	-0.39	-0.55	0.42	0.29	-0.47	0.47	-0.48	-0.44	0.32	0.29	-0.67	-0.42	-0.43	-0.48	-0.47	-0.27		-0.4	-0.63	0.74	-0.45	-0.56	0.37	0.74
Property Plant And Equipment Net	0.94	0.77	0.95	0.02	-0.91	0.24	0.95	0.1	0.83	0.78	0.48	0.36	0.83	0.92	0.93	0.91	0.93	0.98	-0.4		0.85	-0.48	0.99	0.94	-0.97	-0.48
Non Currrent Assets Other	0.76	0.58	0.77	0.35	-0.75	-0.07	0.8	-0.24	0.86	0.59	0.11	0.19	0.87	0.76	0.76	0.8	0.76	0.77	-0.63	0.85		-0.65	0.9	0.97	-0.78	-0.65
Other Assets	-0.64	-0.61	-0.64	-0.29	0.6	-0.04	-0.68	0.19	-0.76	-0.61	-0.06	-0.16	-0.87	-0.67	-0.67	-0.7	-0.67	-0.42	0.74	-0.48	-0.65		-0.53	-0.65	0.56	1.0
Capital Stock	0.93	0.75	0.93	0.08	-0.9	0.19	0.94	0.04	0.85	0.76	0.42	0.34	0.86	0.91	0.92	0.91	0.92	0.96	-0.45	0.99	0.9	-0.53		0.98	-0.96	-0.53
Short Long Term Debt Total	0.88	0.71	0.89	0.2	-0.85	0.09	0.91	-0.08	0.89	0.71	0.29	0.29	0.91	0.88	0.89	0.89	0.88	0.89	-0.56	0.94	0.97	-0.65	0.98		-0.92	-0.65
Other Liab	-0.95	-0.8	-0.96	0.06	0.9	-0.33	-0.95	-0.18	-0.81	-0.81	-0.54	-0.41	-0.84	-0.95	-0.95	-0.91	-0.95	-0.95	0.37	-0.97	-0.78	0.56	-0.96	-0.92		0.56
Current Deferred Revenue	-0.64	-0.61	-0.64	-0.29	0.6	-0.04	-0.68	0.19	-0.76	-0.61	-0.06	-0.16	-0.87	-0.67	-0.67	-0.7	-0.67	-0.42	0.74	-0.48	-0.65	1.0	-0.53	-0.65	0.56

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Rover Metals Account Relationship Matchups

Rover Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.9M	4.4M	5.1M	5.1M	5.4M
Total Current Liabilities	248.6K	448.7K	666.9K	291.1K	595.2K	625K
Total Stockholder Equity	801.8K	1.4M	3.7M	4.8M	4.5M	4.7M
Net Debt	(2.2K)	(301.8K)	(607.6K)	(56.2K)	(50.6K)	(53.1K)
Retained Earnings	(3.1M)	(3.9M)	(5.6M)	(7.1M)	(7.3M)	(6.9M)
Cash	2.2K	332.7K	642.8K	96.2K	200.7K	236.0K
Non Current Assets Total	821.4K	1.5M	3.5M	4.6M	4.8M	5.0M
Cash And Short Term Investments	2.2K	332.7K	642.8K	96.2K	110.7K	105.1K
Liabilities And Stockholders Equity	1.1M	1.9M	4.4M	5.1M	5.8M	6.1M
Other Stockholder Equity	784.1K	34.7K	575.8K	1.6M	1.8M	1.9M
Total Liab	248.6K	488.7K	706.9K	331.1K	635.2K	667K
Total Current Assets	229.0K	405.9K	872.7K	446.8K	303.2K	338.9K
Net Receivables	3.6K	17.0K	37.9K	19.2K	22.0K	20.9K
Common Stock Shares Outstanding	8.2M	10.3M	17.3M	25.2M	52.6M	55.2M
Other Current Liab	248.6K	398.7K	666.9K	291.1K	334.8K	259.2K
Net Tangible Assets	1.2M	801.8K	1.4M	3.7M	4.3M	4.5M
Accounts Payable	188.6K	106.9K	285.3K	666.9K	766.9K	805.2K
Common Stock	2.8M	3.4M	5.6M	7.4M	8.5M	8.9M
Property Plant Equipment	641.5K	704.1K	1.4M	3.1M	3.6M	3.8M
Net Invested Capital	801.8K	1.5M	3.7M	4.8M	4.5M	2.6M
Net Working Capital	(19.6K)	(42.8K)	205.9K	155.6K	(292.1K)	(277.5K)
Property Plant And Equipment Net	704.1K	1.4M	3.1M	4.4M	4.6M	2.7M
Capital Stock	2.8M	3.4M	5.6M	7.4M	8.5M	5.6M

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