Capitan Net Tangible Assets vs Common Stock Shares Outstanding Analysis

CAPT Stock

CAD 0.45 0.03 7.14%

Capitan Mining financial indicator trend analysis is way more than just evaluating Capitan Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capitan Mining is a good investment. Please check the relationship between Capitan Mining Net Tangible 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 Capitan Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Tangible Assets vs Common Stock Shares Outstanding

Net Tangible 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 Capitan Mining Net Tangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Capitan Mining's Net Tangible Assets and Common Stock Shares Outstanding is 0.87. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Capitan Mining, assuming nothing else is changed. The correlation between historical values of Capitan Mining's Net Tangible 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 Net Tangible Assets of Capitan Mining 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 Net Tangible Assets i.e., Capitan Mining's Net Tangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 Capitan Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capitan Mining 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 Capitan Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Issuance Of Capital Stock is likely to climb to about 1.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 963.2 K in 2025.

Capitan Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment	Other Current Liab	Other Assets	Inventory
Total Assets		0.13	1.0	0.93	0.99	0.83	-0.95	0.09	-0.83	0.99	-0.84	-0.59	0.98	0.98	0.91	0.13	1.0	0.99	-0.81	0.99	-0.8	1.0	0.95	-0.96	0.92	-0.5
Total Current Liabilities	0.13		0.11	0.43	0.18	0.29	-0.12	1.0	-0.31	0.18	-0.28	0.16	0.04	0.19	0.24	1.0	0.11	0.18	-0.27	0.11	-0.33	0.18	0.38	-0.01	0.24	0.14
Total Stockholder Equity	1.0	0.11		0.93	0.99	0.82	-0.95	0.07	-0.83	0.98	-0.83	-0.59	0.98	0.98	0.91	0.11	1.0	0.99	-0.81	1.0	-0.8	1.0	0.94	-0.96	0.92	-0.5
Net Tangible Assets	0.93	0.43	0.93		0.92	0.79	-0.89	0.4	-0.79	0.92	-0.8	-0.41	0.87	0.94	0.89	0.43	0.93	0.92	-0.75	0.92	-0.77	0.94	0.95	-0.83	0.86	-0.51
Property Plant And Equipment Net	0.99	0.18	0.99	0.92		0.9	-0.95	0.14	-0.9	1.0	-0.9	-0.67	0.98	0.96	0.95	0.18	0.99	1.0	-0.89	0.98	-0.88	0.99	0.98	-0.98	0.97	-0.47
Net Debt	0.83	0.29	0.82	0.79	0.9		-0.88	0.24	-0.99	0.91	-1.0	-0.84	0.84	0.75	0.96	0.29	0.82	0.9	-0.99	0.82	-0.99	0.83	0.91	-0.9	0.96	-0.46
Retained Earnings	-0.95	-0.12	-0.95	-0.89	-0.95	-0.88		-0.08	0.86	-0.95	0.89	0.67	-0.94	-0.9	-0.96	-0.12	-0.95	-0.95	0.84	-0.95	0.84	-0.93	-0.91	0.95	-0.9	0.62
Accounts Payable	0.09	1.0	0.07	0.4	0.14	0.24	-0.08		-0.26	0.14	-0.23	0.21	0.0	0.16	0.19	1.0	0.07	0.14	-0.22	0.07	-0.28	0.14	0.34	0.03	0.19	0.17
Cash	-0.83	-0.31	-0.83	-0.79	-0.9	-0.99	0.86	-0.26		-0.91	0.99	0.84	-0.85	-0.76	-0.95	-0.31	-0.83	-0.9	1.0	-0.83	1.0	-0.84	-0.92	0.9	-0.97	0.4
Non Current Assets Total	0.99	0.18	0.98	0.92	1.0	0.91	-0.95	0.14	-0.91		-0.91	-0.69	0.97	0.95	0.95	0.18	0.98	1.0	-0.9	0.98	-0.89	0.99	0.98	-0.98	0.97	-0.47
Cash And Short Term Investments	-0.84	-0.28	-0.83	-0.8	-0.9	-1.0	0.89	-0.23	0.99	-0.91		0.85	-0.84	-0.76	-0.97	-0.28	-0.83	-0.9	0.99	-0.83	0.99	-0.84	-0.91	0.91	-0.96	0.51
Net Receivables	-0.59	0.16	-0.59	-0.41	-0.67	-0.84	0.67	0.21	0.84	-0.69	0.85		-0.68	-0.45	-0.76	0.16	-0.59	-0.67	0.87	-0.6	0.84	-0.58	-0.61	0.77	-0.79	0.44
Common Stock Shares Outstanding	0.98	0.04	0.98	0.87	0.98	0.84	-0.94	0.0	-0.85	0.97	-0.84	-0.68		0.93	0.9	0.04	0.98	0.98	-0.83	0.99	-0.82	0.97	0.93	-0.97	0.94	-0.49
Other Current Assets	0.98	0.19	0.98	0.94	0.96	0.75	-0.9	0.16	-0.76	0.95	-0.76	-0.45	0.93		0.85	0.19	0.98	0.96	-0.73	0.97	-0.73	0.99	0.93	-0.91	0.86	-0.4
Other Stockholder Equity	0.91	0.24	0.91	0.89	0.95	0.96	-0.96	0.19	-0.95	0.95	-0.97	-0.76	0.9	0.85		0.24	0.91	0.95	-0.93	0.9	-0.94	0.91	0.93	-0.93	0.95	-0.63
Total Liab	0.13	1.0	0.11	0.43	0.18	0.29	-0.12	1.0	-0.31	0.18	-0.28	0.16	0.04	0.19	0.24		0.11	0.18	-0.27	0.11	-0.33	0.18	0.38	-0.01	0.24	0.14
Net Invested Capital	1.0	0.11	1.0	0.93	0.99	0.82	-0.95	0.07	-0.83	0.98	-0.83	-0.59	0.98	0.98	0.91	0.11		0.99	-0.81	1.0	-0.8	1.0	0.94	-0.96	0.92	-0.5
Property Plant And Equipment Gross	0.99	0.18	0.99	0.92	1.0	0.9	-0.95	0.14	-0.9	1.0	-0.9	-0.67	0.98	0.96	0.95	0.18	0.99		-0.89	0.98	-0.88	0.99	0.98	-0.98	0.97	-0.47
Total Current Assets	-0.81	-0.27	-0.81	-0.75	-0.89	-0.99	0.84	-0.22	1.0	-0.9	0.99	0.87	-0.83	-0.73	-0.93	-0.27	-0.81	-0.89		-0.81	1.0	-0.82	-0.9	0.9	-0.97	0.39
Capital Stock	0.99	0.11	1.0	0.92	0.98	0.82	-0.95	0.07	-0.83	0.98	-0.83	-0.6	0.99	0.97	0.9	0.11	1.0	0.98	-0.81		-0.8	0.99	0.94	-0.95	0.92	-0.5
Net Working Capital	-0.8	-0.33	-0.8	-0.77	-0.88	-0.99	0.84	-0.28	1.0	-0.89	0.99	0.84	-0.82	-0.73	-0.94	-0.33	-0.8	-0.88	1.0	-0.8		-0.81	-0.91	0.88	-0.96	0.38
Common Stock	1.0	0.18	1.0	0.94	0.99	0.83	-0.93	0.14	-0.84	0.99	-0.84	-0.58	0.97	0.99	0.91	0.18	1.0	0.99	-0.82	0.99	-0.81		0.96	-0.95	0.93	-0.45
Property Plant Equipment	0.95	0.38	0.94	0.95	0.98	0.91	-0.91	0.34	-0.92	0.98	-0.91	-0.61	0.93	0.93	0.93	0.38	0.94	0.98	-0.9	0.94	-0.91	0.96		-0.92	0.97	-0.39
Other Current Liab	-0.96	-0.01	-0.96	-0.83	-0.98	-0.9	0.95	0.03	0.9	-0.98	0.91	0.77	-0.97	-0.91	-0.93	-0.01	-0.96	-0.98	0.9	-0.95	0.88	-0.95	-0.92		-0.95	0.48
Other Assets	0.92	0.24	0.92	0.86	0.97	0.96	-0.9	0.19	-0.97	0.97	-0.96	-0.79	0.94	0.86	0.95	0.24	0.92	0.97	-0.97	0.92	-0.96	0.93	0.97	-0.95		-0.44
Inventory	-0.5	0.14	-0.5	-0.51	-0.47	-0.46	0.62	0.17	0.4	-0.47	0.51	0.44	-0.49	-0.4	-0.63	0.14	-0.5	-0.47	0.39	-0.5	0.38	-0.45	-0.39	0.48	-0.44

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Capitan Mining Account Relationship Matchups

Capitan Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.8M	8.6M	11.7M	11.9M	13.7M	10.4M
Total Current Liabilities	200.1K	278.1K	49.9K	47.5K	42.7K	40.6K
Total Stockholder Equity	8.6M	8.3M	11.7M	11.9M	13.7M	10.2M
Property Plant And Equipment Net	5.7M	7.8M	10.3M	10.5M	12.1M	8.3M
Retained Earnings	(2.0M)	(2.7M)	(3.4M)	(4.8M)	(4.3M)	(4.5M)
Accounts Payable	200.1K	264.7K	43.4K	40.2K	36.2K	34.4K
Cash	2.7M	78.9K	521.6K	568.4K	511.6K	1.0M
Non Current Assets Total	5.7M	8.4M	11.1M	11.3M	13.0M	8.8M
Common Stock Shares Outstanding	43.8M	53.8M	69.2M	84.1M	96.7M	63.3M
Total Liab	200.1K	278.1K	49.9K	47.5K	42.7K	40.6K
Net Invested Capital	8.6M	8.3M	11.7M	11.9M	13.7M	10.2M
Property Plant And Equipment Gross	5.7M	7.8M	10.3M	10.5M	12.1M	8.3M
Total Current Assets	3.1M	150.5K	613.4K	660.8K	594.8K	1.1M
Net Working Capital	2.9M	(127.6K)	563.5K	613.4K	552.0K	1.0M

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