CANEX Retained Earnings vs Short Long Term Debt Total Analysis

CANX Stock  CAD 0.04  0.00  0.00%   
CANEX Metals financial indicator trend analysis is way more than just evaluating CANEX Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CANEX Metals is a good investment. Please check the relationship between CANEX Metals Retained Earnings and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CANEX Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CANEX Metals Retained Earnings account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CANEX Metals' Retained Earnings and Short Long Term Debt Total is 0.18. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of CANEX Metals, assuming nothing else is changed. The correlation between historical values of CANEX Metals' Retained Earnings and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of CANEX Metals are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Retained Earnings i.e., CANEX Metals' Retained Earnings and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt Total

Most indicators from CANEX Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CANEX Metals 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 CANEX Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Selling General Administrative is likely to drop to about 305 K in 2024. Issuance Of Capital Stock is likely to drop to about 655.5 K in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation30.02.8K3.3K3.4K
Interest Income3.1K24.3K27.9K29.3K

CANEX Metals fundamental ratios Correlations

0.381.00.98-0.76-0.170.760.980.59-0.270.890.50.570.59-0.290.540.39-0.64-0.520.6-0.52-0.170.940.720.70.94
0.380.350.36-0.270.70.260.370.220.20.040.960.21-0.30.180.680.55-0.170.030.060.030.060.120.220.330.1
1.00.350.98-0.76-0.190.760.980.58-0.280.90.480.570.6-0.30.520.38-0.64-0.530.6-0.53-0.170.940.720.690.94
0.980.360.98-0.61-0.070.621.00.41-0.220.870.460.390.51-0.230.550.23-0.6-0.570.51-0.57-0.330.90.650.560.91
-0.76-0.27-0.76-0.610.42-0.99-0.61-0.930.41-0.68-0.44-0.93-0.650.41-0.32-0.710.520.17-0.710.17-0.26-0.74-0.65-0.82-0.72
-0.170.7-0.19-0.070.42-0.41-0.07-0.490.45-0.490.55-0.49-0.750.460.43-0.140.30.18-0.40.18-0.31-0.43-0.35-0.41-0.42
0.760.260.760.62-0.99-0.410.620.94-0.410.690.450.930.71-0.410.350.7-0.53-0.160.72-0.160.250.750.690.830.73
0.980.370.981.0-0.61-0.070.620.4-0.210.860.460.380.51-0.230.560.23-0.6-0.570.51-0.57-0.340.90.640.560.91
0.590.220.580.41-0.93-0.490.940.4-0.370.570.380.990.65-0.390.210.81-0.49-0.040.63-0.040.570.620.680.880.58
-0.270.2-0.28-0.220.410.45-0.41-0.21-0.37-0.370.11-0.37-0.440.970.04-0.2-0.240.21-0.310.21-0.03-0.35-0.03-0.31-0.34
0.890.040.90.87-0.68-0.490.690.860.57-0.370.170.560.76-0.380.260.32-0.69-0.690.57-0.69-0.080.990.720.720.98
0.50.960.480.46-0.440.550.450.460.380.110.170.39-0.110.10.750.64-0.260.020.320.020.080.250.390.470.22
0.570.210.570.39-0.93-0.490.930.380.99-0.370.560.390.64-0.380.20.81-0.47-0.040.67-0.040.570.60.680.870.57
0.59-0.30.60.51-0.65-0.750.710.510.65-0.440.76-0.110.64-0.460.10.26-0.51-0.210.61-0.210.130.740.720.690.73
-0.290.18-0.3-0.230.410.46-0.41-0.23-0.390.97-0.380.1-0.38-0.460.07-0.22-0.180.21-0.270.21-0.07-0.37-0.04-0.35-0.36
0.540.680.520.55-0.320.430.350.560.210.040.260.750.20.10.070.25-0.37-0.020.38-0.02-0.190.320.470.360.32
0.390.550.380.23-0.71-0.140.70.230.81-0.20.320.640.810.26-0.220.25-0.350.020.430.020.630.350.50.820.29
-0.64-0.17-0.64-0.60.520.3-0.53-0.6-0.49-0.24-0.69-0.26-0.47-0.51-0.18-0.37-0.350.37-0.410.37-0.1-0.69-0.68-0.66-0.69
-0.520.03-0.53-0.570.170.18-0.16-0.57-0.040.21-0.690.02-0.04-0.210.21-0.020.020.37-0.191.00.32-0.65-0.2-0.2-0.66
0.60.060.60.51-0.71-0.40.720.510.63-0.310.570.320.670.61-0.270.380.43-0.41-0.19-0.190.030.580.660.580.57
-0.520.03-0.53-0.570.170.18-0.16-0.57-0.040.21-0.690.02-0.04-0.210.21-0.020.020.371.0-0.190.32-0.65-0.2-0.2-0.66
-0.170.06-0.17-0.33-0.26-0.310.25-0.340.57-0.03-0.080.080.570.13-0.07-0.190.63-0.10.320.030.32-0.080.270.48-0.13
0.940.120.940.9-0.74-0.430.750.90.62-0.350.990.250.60.74-0.370.320.35-0.69-0.650.58-0.65-0.080.740.731.0
0.720.220.720.65-0.65-0.350.690.640.68-0.030.720.390.680.72-0.040.470.5-0.68-0.20.66-0.20.270.740.790.73
0.70.330.690.56-0.82-0.410.830.560.88-0.310.720.470.870.69-0.350.360.82-0.66-0.20.58-0.20.480.730.790.69
0.940.10.940.91-0.72-0.420.730.910.58-0.340.980.220.570.73-0.360.320.29-0.69-0.660.57-0.66-0.131.00.730.69
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CANEX Metals Account Relationship Matchups

CANEX Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5M3.9M5.8M5.9M5.3M5.6M
Total Current Liabilities98.1K186.4K93.2K59.9K68.8K72.1K
Total Stockholder Equity2.4M3.6M5.6M5.8M5.2M5.5M
Property Plant And Equipment Net1.4M2.0M4.0M5.1M4.6M4.8M
Net Debt(449.0K)(1.2M)(1.5M)(695.9K)(626.3K)(657.6K)
Retained Earnings(15.4M)(16.3M)(17.0M)(17.6M)(15.8M)(16.6M)
Cash449.0K1.2M1.5M695.9K800.3K554.2K
Non Current Assets Total1.4M2.0M4.0M5.1M4.6M4.8M
Cash And Short Term Investments1.0M1.8M1.8M785.8K903.6K696.7K
Net Receivables11.9K5.2K6.3K6.2K5.6K5.3K
Common Stock Shares Outstanding47.5M68.2M80.6M100.3M115.4M121.2M
Liabilities And Stockholders Equity2.5M3.9M5.8M5.9M5.3M5.6M
Total Liab131.4K233.7K145.1K98.2K113.0K89.8K
Total Current Assets1.0M1.9M1.8M828.1K952.3K758.1K
Common Stock15.7M17.8M20.4M21.1M24.3M14.3M
Other Current Liab58.6K45.7K48.1K51.0K58.6K34.4K
Accounts Payable39.5K140.7K45.1K8.9K10.2K20.3K
Other Stockholder Equity2.1M2.1M2.2M345.9K311.3K295.7K
Accumulated Other Comprehensive Income2.1M2.1M2.2M1.9M2.2M1.3M
Non Current Liabilities Total33.3K47.3K51.9K38.4K44.1K33.0K
Short Term Investments551.3K619.7K309.8K89.8K103.3K98.2K
Net Tangible Assets1.0M2.4M3.6M5.6M6.5M6.8M
Other Current Assets36.8K70.4K36.2K36.1K41.5K23.6K
Property Plant Equipment510.3K1.4M2.0M4.0M4.5M4.8M
Other Liab27K33.3K47.3K51.9K59.7K34.7K
Net Invested Capital2.4M3.6M5.6M5.8M6.7M7.0M
Net Working Capital950.9K1.7M1.7M768.2K883.4K1.0M
Capital Stock15.7M17.8M20.4M21.1M24.3M18.9M

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