Capitan Property Plant Equipment vs Cash And Short Term Investments Analysis

CAPT Stock  CAD 0.28  0.02  6.67%   
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 Property Plant Equipment and its Cash And Short Term Investments 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.

Property Plant Equipment vs Cash And Short Term Investments

Property Plant Equipment vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capitan Mining Property Plant Equipment account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Capitan Mining's Property Plant Equipment and Cash And Short Term Investments is -0.9. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash And Short Term Investments 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 Property Plant Equipment and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Capitan Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Capitan Mining's Property Plant Equipment and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant Equipment

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Capitan Mining balance sheet. This account contains Capitan Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Capitan Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.
Selling General Administrative is likely to climb to about 631.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2 M in 2024.

Capitan Mining fundamental ratios Correlations

0.251.00.940.990.79-0.930.21-0.80.98-0.8-0.510.990.980.880.251.00.99-0.781.0-0.771.00.95-0.950.91-0.54
0.250.220.520.310.39-0.371.0-0.370.3-0.370.110.210.30.341.00.220.31-0.330.28-0.390.280.49-0.110.330.08
1.00.220.930.980.78-0.920.18-0.790.98-0.79-0.520.990.980.880.221.00.98-0.771.0-0.761.00.94-0.950.91-0.54
0.940.520.930.920.77-0.930.49-0.780.92-0.78-0.350.890.950.880.520.930.92-0.740.95-0.760.950.95-0.830.85-0.56
0.990.310.980.920.87-0.940.27-0.881.0-0.88-0.610.990.950.920.310.981.0-0.860.99-0.860.990.98-0.970.97-0.51
0.790.390.780.770.87-0.90.34-1.00.88-1.0-0.830.850.710.960.390.780.87-1.00.8-1.00.80.9-0.890.95-0.54
-0.93-0.37-0.92-0.93-0.94-0.9-0.330.91-0.940.910.6-0.92-0.91-0.97-0.37-0.92-0.940.89-0.940.89-0.94-0.940.93-0.910.62
0.211.00.180.490.270.34-0.33-0.320.26-0.320.160.170.270.31.00.180.27-0.280.25-0.340.250.45-0.060.290.11
-0.8-0.37-0.79-0.78-0.88-1.00.91-0.32-0.881.00.83-0.86-0.72-0.97-0.37-0.79-0.881.0-0.811.0-0.81-0.90.9-0.950.58
0.980.30.980.921.00.88-0.940.26-0.88-0.88-0.630.990.940.930.30.981.0-0.870.98-0.870.980.98-0.970.97-0.5
-0.8-0.37-0.79-0.78-0.88-1.00.91-0.321.0-0.880.83-0.86-0.72-0.97-0.37-0.79-0.881.0-0.811.0-0.81-0.90.9-0.950.58
-0.510.11-0.52-0.35-0.61-0.830.60.160.83-0.630.83-0.64-0.36-0.740.11-0.52-0.610.86-0.510.83-0.51-0.560.75-0.760.5
0.990.210.990.890.990.85-0.920.17-0.860.99-0.86-0.640.940.910.210.990.99-0.850.98-0.840.980.95-0.980.96-0.53
0.980.30.980.950.950.71-0.910.27-0.720.94-0.72-0.360.940.830.30.980.95-0.680.98-0.680.980.92-0.890.84-0.49
0.880.340.880.880.920.96-0.970.3-0.970.93-0.97-0.740.910.830.340.880.92-0.960.89-0.960.890.93-0.930.95-0.7
0.251.00.220.520.310.39-0.371.0-0.370.3-0.370.110.210.30.340.220.31-0.330.28-0.390.280.49-0.110.330.08
1.00.221.00.930.980.78-0.920.18-0.790.98-0.79-0.520.990.980.880.220.98-0.771.0-0.761.00.94-0.950.91-0.54
0.990.310.980.921.00.87-0.940.27-0.881.0-0.88-0.610.990.950.920.310.98-0.860.99-0.860.990.98-0.970.97-0.51
-0.78-0.33-0.77-0.74-0.86-1.00.89-0.281.0-0.871.00.86-0.85-0.68-0.96-0.33-0.77-0.86-0.791.0-0.79-0.870.89-0.950.57
1.00.281.00.950.990.8-0.940.25-0.810.98-0.81-0.510.980.980.890.281.00.99-0.79-0.791.00.96-0.950.92-0.54
-0.77-0.39-0.76-0.76-0.86-1.00.89-0.341.0-0.871.00.83-0.84-0.68-0.96-0.39-0.76-0.861.0-0.79-0.79-0.880.87-0.950.55
1.00.281.00.950.990.8-0.940.25-0.810.98-0.81-0.510.980.980.890.281.00.99-0.791.0-0.790.96-0.950.92-0.54
0.950.490.940.950.980.9-0.940.45-0.90.98-0.9-0.560.950.920.930.490.940.98-0.870.96-0.880.96-0.910.96-0.46
-0.95-0.11-0.95-0.83-0.97-0.890.93-0.060.9-0.970.90.75-0.98-0.89-0.93-0.11-0.95-0.970.89-0.950.87-0.95-0.91-0.950.59
0.910.330.910.850.970.95-0.910.29-0.950.97-0.95-0.760.960.840.950.330.910.97-0.950.92-0.950.920.96-0.95-0.51
-0.540.08-0.54-0.56-0.51-0.540.620.110.58-0.50.580.5-0.53-0.49-0.70.08-0.54-0.510.57-0.540.55-0.54-0.460.59-0.51
Click cells to compare fundamentals

Capitan Mining Account Relationship Matchups

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