Champion Long Term Debt vs Property Plant Equipment Analysis
CBA Stock | CAD 0.03 0.01 16.67% |
Champion Bear financial indicator trend analysis is way more than just evaluating Champion Bear Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Champion Bear Resources is a good investment. Please check the relationship between Champion Bear Long Term Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Champion Bear Resources. 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.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champion Bear Resources Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Champion Bear's Long Term Debt and Property Plant Equipment is -0.29. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Champion Bear Resources, assuming nothing else is changed. The correlation between historical values of Champion Bear's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Champion Bear Resources are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Champion Bear's Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Champion Bear Resources has held for over one year. Long-term debt appears on Champion Bear Resources balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Champion Bear Resources balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Property Plant Equipment
Most indicators from Champion Bear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Champion Bear Resources 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 Champion Bear Resources. 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. Selling General Administrative is likely to climb to about 351 K in 2024, despite the fact that Issuance Of Capital Stock is likely to grow to (25.6 K).
Champion Bear fundamental ratios Correlations
Click cells to compare fundamentals
Champion Bear Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Champion Bear fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9M | 4.8M | 4.9M | 5.0M | 5.0M | 4.9M | |
Other Current Liab | 2.2M | 957.0K | 942.4K | 936.4K | 1.1M | 916.4K | |
Total Current Liabilities | 3.2M | 2.8M | 3.1M | 2.8M | 3.0M | 2.5M | |
Total Stockholder Equity | 1.7M | 2.0M | 1.8M | 1.9M | 1.7M | 3.0M | |
Net Tangible Assets | 3.7M | 4.2M | 1.7M | 2.0M | 1.8M | 1.7M | |
Retained Earnings | (29.0M) | (29.4M) | (29.7M) | (30.0M) | (30.3M) | (31.8M) | |
Accounts Payable | 738.2K | 455.0K | 442.2K | 94.5K | 151.3K | 286.3K | |
Cash | 16.7K | 3.5K | 631.0 | 5.1K | 4.5K | 4.3K | |
Total Liab | 3.2M | 2.8M | 3.1M | 3.1M | 3.3M | 2.6M | |
Total Current Assets | 98.7K | 3.5K | 11.4K | 17.0K | 16.7K | 15.8K | |
Common Stock | 25.2M | 26.2M | 26.3M | 26.8M | 30.8M | 28.0M | |
Property Plant Equipment | 6.0M | 6.5M | 4.8M | 4.8M | 4.4M | 5.2M | |
Non Current Assets Total | 4.8M | 4.8M | 4.9M | 5.0M | 5.0M | 4.3M | |
Common Stock Shares Outstanding | 52.4M | 56.3M | 56.6M | 59.8M | 60.4M | 60.4M | |
Net Invested Capital | 1.7M | 2.0M | 1.8M | 2.2M | 2.0M | 2.0M | |
Net Working Capital | (3.1M) | (2.8M) | (3.1M) | (2.8M) | (3.0M) | (3.1M) | |
Capital Stock | 26.3M | 26.8M | 26.8M | 27.3M | 27.3M | 29.5M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Champion Stock Analysis
When running Champion Bear's price analysis, check to measure Champion Bear'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 Champion Bear is operating at the current time. Most of Champion Bear's value examination focuses on studying past and present price action to predict the probability of Champion Bear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champion Bear's price. Additionally, you may evaluate how the addition of Champion Bear to your portfolios can decrease your overall portfolio volatility.