Vulcan Total Stockholder Equity vs Accounts Payable Analysis

VUL Stock  CAD 0.12  0.01  7.69%   
Vulcan Minerals financial indicator trend analysis is much more than just breaking down Vulcan Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vulcan Minerals is a good investment. Please check the relationship between Vulcan Minerals Total Stockholder Equity and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vulcan Minerals. 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 Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vulcan Minerals Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vulcan Minerals' Total Stockholder Equity and Accounts Payable is 0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Vulcan Minerals, assuming nothing else is changed. The correlation between historical values of Vulcan Minerals' Total Stockholder Equity and Accounts Payable 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 Stockholder Equity of Vulcan Minerals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Vulcan Minerals' Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Accounts Payable

An accounting item on the balance sheet that represents Vulcan Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Vulcan Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Vulcan Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vulcan Minerals 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 Vulcan Minerals. 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, Vulcan Minerals' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 63.84 in 2024, despite the fact that Tax Provision is likely to grow to (293.2 K).

Vulcan Minerals fundamental ratios Correlations

0.121.0-0.37-0.790.930.540.71.00.820.880.560.920.160.980.88-0.12-0.240.990.99-0.530.620.990.93-0.560.94
0.120.110.71-0.010.050.03-0.010.120.00.040.090.090.590.240.03-0.080.070.120.060.110.090.010.020.13-0.01
1.00.11-0.37-0.80.940.540.71.00.810.890.570.920.160.980.88-0.12-0.230.980.99-0.520.620.990.93-0.550.94
-0.370.71-0.370.09-0.43-0.38-0.02-0.39-0.48-0.220.02-0.360.52-0.32-0.21-0.050.18-0.42-0.460.61-0.41-0.5-0.50.63-0.45
-0.79-0.01-0.80.09-0.73-0.29-0.97-0.75-0.62-0.95-0.63-0.69-0.36-0.71-0.950.290.18-0.72-0.750.11-0.29-0.72-0.680.16-0.73
0.930.050.94-0.43-0.730.30.650.930.720.810.470.720.130.920.8-0.14-0.080.950.95-0.380.560.940.87-0.410.9
0.540.030.54-0.38-0.290.30.160.550.720.440.340.77-0.070.540.43-0.11-0.510.520.53-0.650.520.560.53-0.680.43
0.7-0.010.7-0.02-0.970.650.160.660.540.860.630.590.350.620.87-0.31-0.210.630.64-0.040.120.630.63-0.130.71
1.00.121.0-0.39-0.750.930.550.660.820.850.560.920.140.990.84-0.11-0.260.990.98-0.560.620.990.93-0.590.94
0.820.00.81-0.48-0.620.720.720.540.820.690.640.830.020.820.68-0.19-0.490.830.8-0.660.480.840.82-0.70.8
0.880.040.89-0.22-0.950.810.440.860.850.690.530.80.330.81.0-0.22-0.070.80.87-0.230.570.820.78-0.250.77
0.560.090.570.02-0.630.470.340.630.560.640.530.55-0.10.550.54-0.21-0.470.540.49-0.19-0.020.530.48-0.220.57
0.920.090.92-0.36-0.690.720.770.590.920.830.80.550.10.890.8-0.07-0.390.880.88-0.670.640.910.87-0.710.84
0.160.590.160.52-0.360.13-0.070.350.140.020.33-0.10.10.20.32-0.080.070.130.10.170.050.050.030.210.04
0.980.240.98-0.32-0.710.920.540.620.990.820.80.550.890.20.79-0.13-0.290.990.96-0.570.580.970.91-0.610.93
0.880.030.88-0.21-0.950.80.430.870.840.681.00.540.80.320.79-0.19-0.070.80.87-0.230.570.810.78-0.240.77
-0.12-0.08-0.12-0.050.29-0.14-0.11-0.31-0.11-0.19-0.22-0.21-0.07-0.08-0.13-0.190.19-0.12-0.11-0.210.16-0.1-0.11-0.01-0.13
-0.240.07-0.230.180.18-0.08-0.51-0.21-0.26-0.49-0.07-0.47-0.390.07-0.29-0.070.19-0.29-0.140.590.29-0.28-0.210.62-0.31
0.990.120.98-0.42-0.720.950.520.630.990.830.80.540.880.130.990.8-0.12-0.290.98-0.580.580.990.93-0.620.95
0.990.060.99-0.46-0.750.950.530.640.980.80.870.490.880.10.960.87-0.11-0.140.98-0.520.70.980.93-0.540.92
-0.530.11-0.520.610.11-0.38-0.65-0.04-0.56-0.66-0.23-0.19-0.670.17-0.57-0.23-0.210.59-0.58-0.52-0.42-0.61-0.610.94-0.57
0.620.090.62-0.41-0.290.560.520.120.620.480.57-0.020.640.050.580.570.160.290.580.7-0.420.610.64-0.350.46
0.990.010.99-0.5-0.720.940.560.630.990.840.820.530.910.050.970.81-0.1-0.280.990.98-0.610.610.94-0.650.95
0.930.020.93-0.5-0.680.870.530.630.930.820.780.480.870.030.910.78-0.11-0.210.930.93-0.610.640.94-0.690.96
-0.560.13-0.550.630.16-0.41-0.68-0.13-0.59-0.7-0.25-0.22-0.710.21-0.61-0.24-0.010.62-0.62-0.540.94-0.35-0.65-0.69-0.66
0.94-0.010.94-0.45-0.730.90.430.710.940.80.770.570.840.040.930.77-0.13-0.310.950.92-0.570.460.950.96-0.66
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Vulcan Minerals Account Relationship Matchups

Vulcan Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M3.0M49.3M47.7M47.4M49.8M
Total Current Liabilities113.8K148.1K101.2K138.0K196.6K219.6K
Total Stockholder Equity1.2M2.2M45.1M43.6M43.7M45.9M
Property Plant And Equipment Net1.8M1.7M1.0M1.3M15.8K15.0K
Net Debt(322.7K)(1.2M)(5.4M)(6.1M)(4.4M)(4.2M)
Retained Earnings(20.9M)(20.9M)16.5M13.8M13.0M13.7M
Accounts Payable113.8K148.1K101.2K138.0K124.2K177.6K
Cash322.7K1.2M5.4M6.1M4.5M2.3M
Non Current Assets Total1.9M1.7M43.7M41.4M40.9M42.9M
Non Currrent Assets Other63.0K94.5K42K2.1M1.8M1.9M
Cash And Short Term Investments322.7K1.2M5.4M6.1M6.5M6.8M
Net Receivables5.5K88.0K123.3K154.1K52.4K67.2K
Common Stock Shares Outstanding61.1M68.4M116.3M113.3M121.6M127.7M
Liabilities And Stockholders Equity2.2M3.0M49.3M47.7M47.4M49.8M
Other Stockholder Equity2.9M3.4M5.5M6.1M5.8M7.6M
Total Liab243.2K304.7K4.2M4.1M3.8M4.0M
Total Current Assets348.1K1.3M5.6M6.3M6.6M6.9M
Other Current Assets9.9K13.7K9.6K10.6K41.4K70.9K
Non Current Liabilities Total129.4K156.6K4.1M4.0M3.6M3.8M
Net Tangible Assets1.4M1.2M2.2M43.6M50.2M52.7M
Long Term Investments92.0K5.5K42.7M40.1M38.8M40.8M
Common Stock19.2M19.7M23.1M24.7M26.2M22.8M
Property Plant Equipment1.9M1.8M1.7M1.3M1.2M2.2M
Net Invested Capital1.2M2.3M45.1M43.6M43.7M22.0M
Net Working Capital234.3K1.1M5.5M6.2M6.4M6.7M
Capital Stock19.2M19.7M23.1M24.7M26.2M24.2M

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Additional Tools for Vulcan Stock Analysis

When running Vulcan Minerals' price analysis, check to measure Vulcan Minerals' 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 Vulcan Minerals is operating at the current time. Most of Vulcan Minerals' value examination focuses on studying past and present price action to predict the probability of Vulcan Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vulcan Minerals' price. Additionally, you may evaluate how the addition of Vulcan Minerals to your portfolios can decrease your overall portfolio volatility.