Bannerman Other Current Assets vs Common Stock Shares Outstanding Analysis

BMN Stock   2.87  0.14  4.65%   
Bannerman Resources financial indicator trend analysis is way more than just evaluating Bannerman Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bannerman Resources is a good investment. Please check the relationship between Bannerman Resources Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bannerman 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannerman Resources Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bannerman Resources' Other Current Assets and Common Stock Shares Outstanding is -0.08. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bannerman Resources, assuming nothing else is changed. The correlation between historical values of Bannerman Resources' Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Bannerman Resources are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Bannerman Resources' Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bannerman Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bannerman 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bannerman 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.
Selling General Administrative is likely to drop to about 2.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 150.8 K in 2024
 2021 2022 2023 2024 (projected)
Total Revenue99K1.4M1.6M1.7M
Depreciation And Amortization32K37K13K12.4K

Bannerman Resources fundamental ratios Correlations

0.810.210.990.420.830.470.530.070.930.780.8-0.76-0.760.84-0.450.830.640.730.590.80.82-0.65-0.54-0.45-0.4
0.810.250.790.30.910.290.640.150.640.390.37-0.83-0.340.46-0.620.910.250.280.490.380.91-0.25-0.33-0.15-0.15
0.210.250.160.090.090.130.060.410.060.270.26-0.03-0.070.26-0.070.090.140.020.060.260.09-0.160.16-0.130.34
0.990.790.160.370.860.450.54-0.060.950.740.76-0.8-0.760.81-0.460.850.620.740.620.760.84-0.62-0.63-0.44-0.5
0.420.30.090.370.240.93-0.050.390.210.370.46-0.26-0.330.510.050.250.070.090.50.460.23-0.21-0.080.290.06
0.830.910.090.860.240.310.74-0.180.720.320.33-0.97-0.40.41-0.651.00.20.340.550.341.0-0.2-0.6-0.12-0.43
0.470.290.130.450.930.31-0.090.140.320.360.47-0.38-0.430.54-0.020.320.050.170.660.470.29-0.21-0.320.23-0.16
0.530.640.060.54-0.050.74-0.09-0.110.420.140.12-0.69-0.160.11-0.410.740.090.15-0.080.130.79-0.09-0.31-0.12-0.23
0.070.150.41-0.060.39-0.180.14-0.11-0.130.350.320.33-0.010.290.1-0.180.2-0.06-0.160.31-0.18-0.230.68-0.070.79
0.930.640.060.950.210.720.320.42-0.130.790.8-0.67-0.840.84-0.410.720.770.880.580.810.7-0.73-0.67-0.63-0.59
0.780.390.270.740.370.320.360.140.350.790.99-0.21-0.860.97-0.070.310.910.890.290.990.31-0.94-0.24-0.7-0.19
0.80.370.260.760.460.330.470.120.320.80.99-0.25-0.880.99-0.050.330.880.880.391.00.32-0.91-0.29-0.64-0.22
-0.76-0.83-0.03-0.8-0.26-0.97-0.38-0.690.33-0.67-0.21-0.250.4-0.330.65-0.97-0.07-0.28-0.58-0.25-0.970.120.730.040.55
-0.76-0.34-0.07-0.76-0.33-0.4-0.43-0.16-0.01-0.84-0.86-0.880.4-0.870.18-0.4-0.75-0.9-0.41-0.88-0.380.910.590.740.53
0.840.460.260.810.510.410.540.110.290.840.970.99-0.33-0.87-0.110.410.840.860.520.990.39-0.86-0.34-0.6-0.25
-0.45-0.62-0.07-0.460.05-0.65-0.02-0.410.1-0.41-0.07-0.050.650.18-0.11-0.65-0.05-0.16-0.32-0.06-0.640.040.480.070.19
0.830.910.090.850.251.00.320.74-0.180.720.310.33-0.97-0.40.41-0.650.190.330.550.331.0-0.19-0.6-0.11-0.43
0.640.250.140.620.070.20.050.090.20.770.910.88-0.07-0.750.84-0.050.190.930.180.880.18-0.9-0.22-0.78-0.24
0.730.280.020.740.090.340.170.15-0.060.880.890.88-0.28-0.90.86-0.160.330.930.320.880.32-0.91-0.51-0.81-0.52
0.590.490.060.620.50.550.66-0.08-0.160.580.290.39-0.58-0.410.52-0.320.550.180.320.390.5-0.14-0.530.01-0.38
0.80.380.260.760.460.340.470.130.310.810.991.0-0.25-0.880.99-0.060.330.880.880.390.33-0.91-0.29-0.64-0.22
0.820.910.090.840.231.00.290.79-0.180.70.310.32-0.97-0.380.39-0.641.00.180.320.50.33-0.19-0.59-0.11-0.42
-0.65-0.25-0.16-0.62-0.21-0.2-0.21-0.09-0.23-0.73-0.94-0.910.120.91-0.860.04-0.19-0.9-0.91-0.14-0.91-0.190.310.830.31
-0.54-0.330.16-0.63-0.08-0.6-0.32-0.310.68-0.67-0.24-0.290.730.59-0.340.48-0.6-0.22-0.51-0.53-0.29-0.590.310.240.9
-0.45-0.15-0.13-0.440.29-0.120.23-0.12-0.07-0.63-0.7-0.640.040.74-0.60.07-0.11-0.78-0.810.01-0.64-0.110.830.240.29
-0.4-0.150.34-0.50.06-0.43-0.16-0.230.79-0.59-0.19-0.220.550.53-0.250.19-0.43-0.24-0.52-0.38-0.22-0.420.310.90.29
Click cells to compare fundamentals

Bannerman Resources Account Relationship Matchups

Bannerman Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.3M67.0M119.8M113.0M107.8M72.9M
Other Current Liab185K243K1.4M1.5M531K416.6K
Total Current Liabilities284K304K1.7M1.9M1.4M1.4M
Total Stockholder Equity51.7M66.4M117.9M111.1M106.7M68.6M
Accounts Payable53K45K219K389K792K831.6K
Cash4.2M12.5M51.9M42.6M24.0M15.1M
Net Receivables41K31K103K358K685K719.3K
Other Current Assets44K31K7.4M419K234K222.3K
Total Liab547K599K2.0M2.3M2.1M3.3M
Common Stock141.2M152.4M208.8M210.6M211.9M125.5M
Property Plant Equipment48.0M54.4M60.4M60.4M69.4M53.2M
Property Plant And Equipment Net48.0M54.4M60.4M60.4M79.0M57.7M
Net Debt(4.1M)(12.4M)(51.9M)(42.6M)(24.0M)(22.8M)
Retained Earnings(110.5M)(112.8M)(116.2M)(120.8M)(130.4M)(136.9M)
Non Current Assets Total48.0M54.4M60.4M69.6M82.8M60.0M
Non Currrent Assets Other(48.0M)(54.4M)(60.4M)(69.6M)22K23.1K
Cash And Short Term Investments4.2M12.5M51.9M42.6M24.1M15.8M
Common Stock Shares Outstanding103.7M105.2M111.0M150.1M151.8M119.7M
Liabilities And Stockholders Equity52.3M67.0M119.8M113.0M107.8M76.6M
Property Plant And Equipment Gross48.0M54.9M60.7M60.6M79.2M57.8M
Total Current Assets4.3M12.5M59.4M43.4M25.0M16.6M
Accumulated Other Comprehensive Income21.0M26.7M25.4M21.3M25.1M24.3M
Non Current Liabilities Total263K295K298K317.0K692K657.4K
Net Tangible Assets51.7M66.4M117.9M111.1M127.8M75.7M
Other Stockholder Equity(30.7M)(39.7M)(92.6M)(89.8M)(80.8M)(76.8M)
Other Liab263K295K298K317K285.3K280.3K
Net Invested Capital51.7M66.4M117.9M111.1M106.7M87.8M
Net Working Capital4.0M12.2M57.8M41.4M23.6M21.5M
Short Term Investments3.5M11.1M44.9M40.9M38K36.1K
Capital Stock141.2M152.4M208.8M210.6M211.9M195.5M

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