Arcadia Total Current Liabilities vs Net Invested Capital Analysis
AM7 Stock | 0.02 0 8.33% |
Arcadia Minerals financial indicator trend analysis is way more than just evaluating Arcadia Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcadia Minerals is a good investment. Please check the relationship between Arcadia Minerals Total Current Liabilities and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcadia Minerals Ltd. 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 Current Liabilities vs Net Invested Capital
Total Current Liabilities vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcadia Minerals Total Current Liabilities account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Arcadia Minerals' Total Current Liabilities and Net Invested Capital is 0.69. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Arcadia Minerals Ltd, assuming nothing else is changed. The correlation between historical values of Arcadia Minerals' Total Current Liabilities and Net Invested Capital 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 Arcadia Minerals Ltd are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Liabilities i.e., Arcadia Minerals' Total Current Liabilities and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Arcadia Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Arcadia Minerals Ltd 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.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Arcadia Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcadia 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcadia Minerals Ltd. 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 drop to about 590.5 K in 2024
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 2.6M | 2.8M | 1.3M | 2.0M | Total Revenue | 14K | 45.4K | 52.2K | 54.8K |
Arcadia Minerals fundamental ratios Correlations
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Arcadia Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Arcadia Stock Analysis
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