ValOre Property Plant And Equipment Net vs Total Assets Analysis

VO Stock  CAD 0.07  0.01  6.25%   
ValOre Metals financial indicator trend analysis is much more than just breaking down ValOre Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ValOre Metals Corp is a good investment. Please check the relationship between ValOre Metals Property Plant And Equipment Net and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ValOre 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 board of governors.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ValOre Metals Corp Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between ValOre Metals' Property Plant And Equipment Net and Total Assets is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of ValOre Metals Corp, assuming nothing else is changed. The correlation between historical values of ValOre Metals' Property Plant And Equipment Net and Total Assets 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 And Equipment Net of ValOre Metals Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., ValOre Metals' Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of ValOre Metals 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 ValOre Metals Corp 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.
Most indicators from ValOre Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ValOre 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 World Market Map to better understand how to build diversified portfolios, which includes a position in ValOre 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 board of governors.
Issuance Of Capital Stock is likely to climb to about 5.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense10.2K17.0K19.5K13.2K
Depreciation And Amortization47.2K68.0K61.2K55.8K

ValOre Metals fundamental ratios Correlations

-0.061.01.0-0.170.75-0.520.111.00.170.35-0.660.760.710.850.20.960.360.150.580.650.21-0.720.640.840.4
-0.06-0.08-0.08-0.21-0.20.350.29-0.080.25-0.020.040.160.130.180.25-0.050.040.11-0.13-0.11-0.050.13-0.11-0.2-0.25
1.0-0.081.0-0.150.76-0.530.091.00.150.33-0.650.760.70.830.180.950.350.140.580.650.21-0.730.640.840.41
1.0-0.081.0-0.110.75-0.520.041.00.110.32-0.650.740.690.820.130.940.350.150.560.630.22-0.720.620.830.38
-0.17-0.21-0.15-0.11-0.160.01-0.98-0.11-0.98-0.250.16-0.45-0.31-0.38-0.96-0.34-0.030.02-0.3-0.270.10.13-0.27-0.14-0.45
0.75-0.20.760.75-0.16-0.620.070.750.140.19-0.80.720.540.460.150.710.260.070.750.820.09-0.920.820.970.48
-0.520.35-0.53-0.520.01-0.620.03-0.52-0.01-0.120.28-0.52-0.44-0.2-0.02-0.51-0.110.46-0.61-0.570.430.49-0.58-0.63-0.41
0.110.290.090.04-0.980.070.030.040.990.28-0.120.410.270.390.980.30.03-0.040.230.21-0.14-0.060.220.060.34
1.0-0.081.01.0-0.110.75-0.520.040.110.32-0.650.740.690.820.130.940.350.150.560.630.22-0.720.620.830.38
0.170.250.150.11-0.980.14-0.010.990.110.33-0.180.480.330.440.990.360.05-0.030.290.28-0.13-0.120.290.130.38
0.35-0.020.330.32-0.250.19-0.120.280.320.33-0.280.480.410.580.450.490.290.020.410.38-0.21-0.040.370.330.29
-0.660.04-0.65-0.650.16-0.80.28-0.12-0.65-0.18-0.28-0.63-0.43-0.59-0.19-0.69-0.67-0.22-0.58-0.73-0.230.84-0.69-0.85-0.43
0.760.160.760.74-0.450.72-0.520.410.740.480.48-0.630.760.720.510.810.31-0.10.770.8-0.15-0.670.80.760.53
0.710.130.70.69-0.310.54-0.440.270.690.330.41-0.430.760.680.360.730.15-0.430.680.67-0.37-0.530.690.580.46
0.850.180.830.82-0.380.46-0.20.390.820.440.58-0.590.720.680.480.910.460.20.410.490.16-0.470.470.60.26
0.20.250.180.13-0.960.15-0.020.980.130.990.45-0.190.510.360.480.390.06-0.020.340.32-0.15-0.110.330.160.41
0.96-0.050.950.94-0.340.71-0.510.30.940.360.49-0.690.810.730.910.390.440.080.620.690.1-0.640.670.820.5
0.360.040.350.35-0.030.26-0.110.030.350.050.29-0.670.310.150.460.060.440.110.250.350.05-0.380.260.420.23
0.150.110.140.150.020.070.46-0.040.15-0.030.02-0.22-0.1-0.430.2-0.020.080.11-0.3-0.180.93-0.1-0.190.09-0.22
0.58-0.130.580.56-0.30.75-0.610.230.560.290.41-0.580.770.680.410.340.620.25-0.30.97-0.33-0.620.980.760.74
0.65-0.110.650.63-0.270.82-0.570.210.630.280.38-0.730.80.670.490.320.690.35-0.180.97-0.19-0.741.00.840.69
0.21-0.050.210.220.10.090.43-0.140.22-0.13-0.21-0.23-0.15-0.370.16-0.150.10.050.93-0.33-0.19-0.19-0.20.1-0.17
-0.720.13-0.73-0.720.13-0.920.49-0.06-0.72-0.12-0.040.84-0.67-0.53-0.47-0.11-0.64-0.38-0.1-0.62-0.74-0.19-0.73-0.87-0.34
0.64-0.110.640.62-0.270.82-0.580.220.620.290.37-0.690.80.690.470.330.670.26-0.190.981.0-0.2-0.730.820.67
0.84-0.20.840.83-0.140.97-0.630.060.830.130.33-0.850.760.580.60.160.820.420.090.760.840.1-0.870.820.53
0.4-0.250.410.38-0.450.48-0.410.340.380.380.29-0.430.530.460.260.410.50.23-0.220.740.69-0.17-0.340.670.53
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ValOre Metals Account Relationship Matchups

ValOre Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7M12.6M12.4M10.3M9.3M8.8M
Total Current Liabilities1.9M316.9K1.8M1.1M967.6K1.0M
Total Stockholder Equity8.3M11.1M9.2M9.2M8.3M7.9M
Property Plant And Equipment Net10.0M10.0M10.0M9.0M8.1M7.7M
Net Debt771.6K(2.5M)(993.8K)(1.2M)(1.4M)(1.5M)
Retained Earnings(79.8M)(85.4M)(103.8M)(79.8M)(71.8M)(68.2M)
Accounts Payable559.0K316.9K1.1M487.6K560.7K675.8K
Cash534.3K2.5M1.6M1.2M1.1M1.8M
Non Current Assets Total10.0M10.0M10.0M9.0M8.1M7.7M
Cash And Short Term Investments618.2K2.5M1.6M1.2M1.1M1.9M
Net Receivables22.4K18.2K586.9K1.8K1.6K1.6K
Common Stock Shares Outstanding88.8M109.0M140.8M160.6M184.7M193.9M
Liabilities And Stockholders Equity10.7M12.6M12.4M10.3M9.3M8.8M
Other Stockholder Equity13.9M13.6M14.9M14.9M13.4M24.7M
Total Liab2.4M1.6M3.2M1.1M967.6K919.2K
Total Current Assets675.3K2.6M2.4M1.3M1.2M2.2M
Accumulated Other Comprehensive Income(267.9K)(47.9K)(50.2K)(116.2K)(104.6K)(99.4K)
Non Current Liabilities Total3.2M508.0K466.2K1.3M1.5M0.0
Other Current Liab642.8K316.9K1.2M587.5K675.6K884.3K
Other Liab508.0K466.2K1.3M1.5M1.3M1.2M
Net Tangible Assets10.0M8.3M11.1M9.2M8.2M7.8M
Other Current Assets34.7K67.3K218.8K136.0K156.4K94.7K
Common Stock74.2M83.0M98.2M74.2M85.4M80.5M
Property Plant Equipment10.0M10.0M10.0M10.0M9.0M17.8M
Net Invested Capital9.6M11.1M9.8M9.2M8.3M7.9M
Net Working Capital(1.3M)2.3M618.7K272.0K244.8K433.5K
Capital Stock74.2M83.0M98.2M74.2M85.4M85.0M

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