CAD Stock | | | CAD 1.86 0.07 3.91% |
Colonial Coal financial indicator trend analysis is way more than just evaluating Colonial Coal Intern prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colonial Coal Intern is a good investment. Please check the relationship between Colonial Coal Short Long Term Debt and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Colonial Coal International. 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.
Short Long Term Debt vs Other Assets
Short Long Term Debt vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colonial Coal Intern Short Long Term Debt account and
Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Colonial Coal's Short Long Term Debt and Other Assets is 0.19. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Colonial Coal International, assuming nothing else is changed. The correlation between historical values of Colonial Coal's Short Long Term Debt and Other 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 Short Long Term Debt of Colonial Coal International are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt i.e., Colonial Coal's Short Long Term Debt and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Other Assets
Most indicators from Colonial Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colonial Coal Intern 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 Colonial Coal International. 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, Colonial Coal's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 18.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3
M in 2024.
Colonial Coal fundamental ratios Correlations
Click cells to compare fundamentals
Colonial Coal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colonial Coal fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Colonial Stock Analysis
When running Colonial Coal's price analysis, check to
measure Colonial Coal's 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 Colonial Coal is operating at the current time. Most of Colonial Coal's value examination focuses on studying past and present price action to
predict the probability of Colonial Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colonial Coal's price. Additionally, you may evaluate how the addition of Colonial Coal to your portfolios can decrease your overall portfolio volatility.