CANEX Short Term Debt vs Net Receivables 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 Short Term Debt and its Net Receivables 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.

Short Term Debt vs Net Receivables

Short Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CANEX Metals Short Term Debt account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between CANEX Metals' Short Term Debt and Net Receivables is 0.21. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Receivables 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' Short Term Debt and Net Receivables 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 Term Debt of CANEX Metals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Debt i.e., CANEX Metals' Short Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Net Receivables

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 Depreciation	30.0	2.8K	3.3K	3.4K
Interest Income	3.1K	24.3K	27.9K	29.3K

Reconciled Depreciation Interest Income

CANEX Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Other Stockholder Equity	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Short Term Investments	Net Tangible Assets	Other Assets	Other Current Assets	Property Plant Equipment
Total Assets		0.38	1.0	0.98	-0.76	-0.17	0.76	0.98	0.59	-0.27	0.89	0.5	0.57	0.59	-0.29	0.54	0.39	-0.64	-0.52	0.6	-0.52	-0.17	0.94	0.72	0.7	0.94
Total Current Liabilities	0.38		0.35	0.36	-0.27	0.7	0.26	0.37	0.22	0.2	0.04	0.96	0.21	-0.3	0.18	0.68	0.55	-0.17	0.03	0.06	0.03	0.06	0.12	0.22	0.33	0.1
Total Stockholder Equity	1.0	0.35		0.98	-0.76	-0.19	0.76	0.98	0.58	-0.28	0.9	0.48	0.57	0.6	-0.3	0.52	0.38	-0.64	-0.53	0.6	-0.53	-0.17	0.94	0.72	0.69	0.94
Property Plant And Equipment Net	0.98	0.36	0.98		-0.61	-0.07	0.62	1.0	0.41	-0.22	0.87	0.46	0.39	0.51	-0.23	0.55	0.23	-0.6	-0.57	0.51	-0.57	-0.33	0.9	0.65	0.56	0.91
Net Debt	-0.76	-0.27	-0.76	-0.61		0.42	-0.99	-0.61	-0.93	0.41	-0.68	-0.44	-0.93	-0.65	0.41	-0.32	-0.71	0.52	0.17	-0.71	0.17	-0.26	-0.74	-0.65	-0.82	-0.72
Retained Earnings	-0.17	0.7	-0.19	-0.07	0.42		-0.41	-0.07	-0.49	0.45	-0.49	0.55	-0.49	-0.75	0.46	0.43	-0.14	0.3	0.18	-0.4	0.18	-0.31	-0.43	-0.35	-0.41	-0.42
Cash	0.76	0.26	0.76	0.62	-0.99	-0.41		0.62	0.94	-0.41	0.69	0.45	0.93	0.71	-0.41	0.35	0.7	-0.53	-0.16	0.72	-0.16	0.25	0.75	0.69	0.83	0.73
Non Current Assets Total	0.98	0.37	0.98	1.0	-0.61	-0.07	0.62		0.4	-0.21	0.86	0.46	0.38	0.51	-0.23	0.56	0.23	-0.6	-0.57	0.51	-0.57	-0.34	0.9	0.64	0.56	0.91
Cash And Short Term Investments	0.59	0.22	0.58	0.41	-0.93	-0.49	0.94	0.4		-0.37	0.57	0.38	0.99	0.65	-0.39	0.21	0.81	-0.49	-0.04	0.63	-0.04	0.57	0.62	0.68	0.88	0.58
Net Receivables	-0.27	0.2	-0.28	-0.22	0.41	0.45	-0.41	-0.21	-0.37		-0.37	0.11	-0.37	-0.44	0.97	0.04	-0.2	-0.24	0.21	-0.31	0.21	-0.03	-0.35	-0.03	-0.31	-0.34
Common Stock Shares Outstanding	0.89	0.04	0.9	0.87	-0.68	-0.49	0.69	0.86	0.57	-0.37		0.17	0.56	0.76	-0.38	0.26	0.32	-0.69	-0.69	0.57	-0.69	-0.08	0.99	0.72	0.72	0.98
Total Liab	0.5	0.96	0.48	0.46	-0.44	0.55	0.45	0.46	0.38	0.11	0.17		0.39	-0.11	0.1	0.75	0.64	-0.26	0.02	0.32	0.02	0.08	0.25	0.39	0.47	0.22
Total Current Assets	0.57	0.21	0.57	0.39	-0.93	-0.49	0.93	0.38	0.99	-0.37	0.56	0.39		0.64	-0.38	0.2	0.81	-0.47	-0.04	0.67	-0.04	0.57	0.6	0.68	0.87	0.57
Common Stock	0.59	-0.3	0.6	0.51	-0.65	-0.75	0.71	0.51	0.65	-0.44	0.76	-0.11	0.64		-0.46	0.1	0.26	-0.51	-0.21	0.61	-0.21	0.13	0.74	0.72	0.69	0.73
Non Currrent Assets Other	-0.29	0.18	-0.3	-0.23	0.41	0.46	-0.41	-0.23	-0.39	0.97	-0.38	0.1	-0.38	-0.46		0.07	-0.22	-0.18	0.21	-0.27	0.21	-0.07	-0.37	-0.04	-0.35	-0.36
Other Current Liab	0.54	0.68	0.52	0.55	-0.32	0.43	0.35	0.56	0.21	0.04	0.26	0.75	0.2	0.1	0.07		0.25	-0.37	-0.02	0.38	-0.02	-0.19	0.32	0.47	0.36	0.32
Accounts Payable	0.39	0.55	0.38	0.23	-0.71	-0.14	0.7	0.23	0.81	-0.2	0.32	0.64	0.81	0.26	-0.22	0.25		-0.35	0.02	0.43	0.02	0.63	0.35	0.5	0.82	0.29
Other Stockholder Equity	-0.64	-0.17	-0.64	-0.6	0.52	0.3	-0.53	-0.6	-0.49	-0.24	-0.69	-0.26	-0.47	-0.51	-0.18	-0.37	-0.35		0.37	-0.41	0.37	-0.1	-0.69	-0.68	-0.66	-0.69
Short Long Term Debt Total	-0.52	0.03	-0.53	-0.57	0.17	0.18	-0.16	-0.57	-0.04	0.21	-0.69	0.02	-0.04	-0.21	0.21	-0.02	0.02	0.37		-0.19	1.0	0.32	-0.65	-0.2	-0.2	-0.66
Non Current Liabilities Total	0.6	0.06	0.6	0.51	-0.71	-0.4	0.72	0.51	0.63	-0.31	0.57	0.32	0.67	0.61	-0.27	0.38	0.43	-0.41	-0.19		-0.19	0.03	0.58	0.66	0.58	0.57
Short Term Debt	-0.52	0.03	-0.53	-0.57	0.17	0.18	-0.16	-0.57	-0.04	0.21	-0.69	0.02	-0.04	-0.21	0.21	-0.02	0.02	0.37	1.0	-0.19		0.32	-0.65	-0.2	-0.2	-0.66
Short Term Investments	-0.17	0.06	-0.17	-0.33	-0.26	-0.31	0.25	-0.34	0.57	-0.03	-0.08	0.08	0.57	0.13	-0.07	-0.19	0.63	-0.1	0.32	0.03	0.32		-0.08	0.27	0.48	-0.13
Net Tangible Assets	0.94	0.12	0.94	0.9	-0.74	-0.43	0.75	0.9	0.62	-0.35	0.99	0.25	0.6	0.74	-0.37	0.32	0.35	-0.69	-0.65	0.58	-0.65	-0.08		0.74	0.73	1.0
Other Assets	0.72	0.22	0.72	0.65	-0.65	-0.35	0.69	0.64	0.68	-0.03	0.72	0.39	0.68	0.72	-0.04	0.47	0.5	-0.68	-0.2	0.66	-0.2	0.27	0.74		0.79	0.73
Other Current Assets	0.7	0.33	0.69	0.56	-0.82	-0.41	0.83	0.56	0.88	-0.31	0.72	0.47	0.87	0.69	-0.35	0.36	0.82	-0.66	-0.2	0.58	-0.2	0.48	0.73	0.79		0.69
Property Plant Equipment	0.94	0.1	0.94	0.91	-0.72	-0.42	0.73	0.91	0.58	-0.34	0.98	0.22	0.57	0.73	-0.36	0.32	0.29	-0.69	-0.66	0.57	-0.66	-0.13	1.0	0.73	0.69

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CANEX Metals Account Relationship Matchups

CANEX Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5M	3.9M	5.8M	5.9M	5.3M	5.6M
Total Current Liabilities	98.1K	186.4K	93.2K	59.9K	68.8K	72.1K
Total Stockholder Equity	2.4M	3.6M	5.6M	5.8M	5.2M	5.5M
Property Plant And Equipment Net	1.4M	2.0M	4.0M	5.1M	4.6M	4.8M
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)
Cash	449.0K	1.2M	1.5M	695.9K	800.3K	554.2K
Non Current Assets Total	1.4M	2.0M	4.0M	5.1M	4.6M	4.8M
Cash And Short Term Investments	1.0M	1.8M	1.8M	785.8K	903.6K	696.7K
Net Receivables	11.9K	5.2K	6.3K	6.2K	5.6K	5.3K
Common Stock Shares Outstanding	47.5M	68.2M	80.6M	100.3M	115.4M	121.2M
Liabilities And Stockholders Equity	2.5M	3.9M	5.8M	5.9M	5.3M	5.6M
Total Liab	131.4K	233.7K	145.1K	98.2K	113.0K	89.8K
Total Current Assets	1.0M	1.9M	1.8M	828.1K	952.3K	758.1K
Common Stock	15.7M	17.8M	20.4M	21.1M	24.3M	14.3M
Other Current Liab	58.6K	45.7K	48.1K	51.0K	58.6K	34.4K
Accounts Payable	39.5K	140.7K	45.1K	8.9K	10.2K	20.3K
Other Stockholder Equity	2.1M	2.1M	2.2M	345.9K	311.3K	295.7K
Accumulated Other Comprehensive Income	2.1M	2.1M	2.2M	1.9M	2.2M	1.3M
Non Current Liabilities Total	33.3K	47.3K	51.9K	38.4K	44.1K	33.0K
Short Term Investments	551.3K	619.7K	309.8K	89.8K	103.3K	98.2K
Net Tangible Assets	1.0M	2.4M	3.6M	5.6M	6.5M	6.8M
Other Current Assets	36.8K	70.4K	36.2K	36.1K	41.5K	23.6K
Property Plant Equipment	510.3K	1.4M	2.0M	4.0M	4.5M	4.8M
Other Liab	27K	33.3K	47.3K	51.9K	59.7K	34.7K
Net Invested Capital	2.4M	3.6M	5.6M	5.8M	6.7M	7.0M
Net Working Capital	950.9K	1.7M	1.7M	768.2K	883.4K	1.0M
Capital Stock	15.7M	17.8M	20.4M	21.1M	24.3M	18.9M

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