Champion Non Current Assets Total vs Total Current Liabilities 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 Non Current Assets Total and its Total Current Liabilities 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.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champion Bear Resources Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Champion Bear's Non Current Assets Total and Total Current Liabilities is -0.48. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Champion Bear Resources are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Champion Bear's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Champion Bear balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Champion Bear Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

-0.56-0.930.990.990.95-0.230.13-0.18-0.79-0.920.13-0.660.990.59-0.73-0.740.750.77-0.49-0.45-0.45-0.32-0.320.35
-0.560.73-0.64-0.64-0.620.2-0.040.740.790.74-0.020.46-0.580.090.620.46-0.22-0.380.190.180.180.130.13-0.15
-0.930.73-0.97-0.96-0.950.3-0.120.390.911.0-0.10.72-0.94-0.480.840.78-0.75-0.820.410.370.370.230.23-0.27
0.99-0.64-0.970.990.96-0.240.12-0.26-0.86-0.970.12-0.70.990.53-0.79-0.760.750.78-0.42-0.39-0.39-0.25-0.240.28
0.99-0.64-0.960.990.98-0.230.13-0.27-0.84-0.960.13-0.720.990.57-0.79-0.790.760.81-0.52-0.49-0.48-0.36-0.350.38
0.95-0.62-0.950.960.98-0.140.19-0.3-0.85-0.950.19-0.790.950.65-0.86-0.890.820.88-0.65-0.62-0.62-0.48-0.480.51
-0.230.20.3-0.24-0.23-0.140.040.090.090.220.13-0.19-0.2-0.090.0-0.16-0.2-0.22-0.28-0.32-0.31-0.21-0.20.26
0.13-0.04-0.120.120.130.190.040.17-0.25-0.120.99-0.230.060.43-0.29-0.330.440.38-0.27-0.25-0.25-0.18-0.180.19
-0.180.740.39-0.26-0.27-0.30.090.170.430.420.210.27-0.210.370.440.30.1-0.170.080.080.080.080.08-0.09
-0.790.790.91-0.86-0.84-0.850.09-0.250.430.93-0.240.85-0.82-0.370.940.79-0.66-0.730.380.350.340.240.23-0.32
-0.920.741.0-0.97-0.96-0.950.22-0.120.420.93-0.110.76-0.93-0.470.880.82-0.74-0.810.430.40.390.250.24-0.29
0.13-0.02-0.10.120.130.190.130.990.21-0.24-0.11-0.240.060.43-0.27-0.350.430.35-0.31-0.28-0.28-0.2-0.20.22
-0.660.460.72-0.7-0.72-0.79-0.19-0.230.270.850.76-0.24-0.7-0.560.950.88-0.71-0.780.650.630.630.560.55-0.66
0.99-0.58-0.940.990.990.95-0.20.06-0.21-0.82-0.930.06-0.70.54-0.76-0.740.730.75-0.45-0.42-0.41-0.29-0.290.33
0.590.09-0.480.530.570.65-0.090.430.37-0.37-0.470.43-0.560.54-0.51-0.70.910.82-0.7-0.67-0.67-0.56-0.560.56
-0.730.620.84-0.79-0.79-0.860.0-0.290.440.940.88-0.270.95-0.76-0.510.91-0.75-0.840.540.510.510.40.39-0.49
-0.740.460.78-0.76-0.79-0.89-0.16-0.330.30.790.82-0.350.88-0.74-0.70.91-0.83-0.90.750.730.720.550.54-0.59
0.75-0.22-0.750.750.760.82-0.20.440.1-0.66-0.740.43-0.710.730.91-0.75-0.830.95-0.58-0.54-0.54-0.39-0.380.42
0.77-0.38-0.820.780.810.88-0.220.38-0.17-0.73-0.810.35-0.780.750.82-0.84-0.90.95-0.66-0.63-0.63-0.5-0.50.53
-0.490.190.41-0.42-0.52-0.65-0.28-0.270.080.380.43-0.310.65-0.45-0.70.540.75-0.58-0.660.991.00.940.94-0.92
-0.450.180.37-0.39-0.49-0.62-0.32-0.250.080.350.4-0.280.63-0.42-0.670.510.73-0.54-0.630.991.00.940.94-0.93
-0.450.180.37-0.39-0.48-0.62-0.31-0.250.080.340.39-0.280.63-0.41-0.670.510.72-0.54-0.631.01.00.950.95-0.93
-0.320.130.23-0.25-0.36-0.48-0.21-0.180.080.240.25-0.20.56-0.29-0.560.40.55-0.39-0.50.940.940.951.0-0.99
-0.320.130.23-0.24-0.35-0.48-0.2-0.180.080.230.24-0.20.55-0.29-0.560.390.54-0.38-0.50.940.940.951.0-0.98
0.35-0.15-0.270.280.380.510.260.19-0.09-0.32-0.290.22-0.660.330.56-0.49-0.590.420.53-0.92-0.93-0.93-0.99-0.98
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Champion Bear Account Relationship Matchups

Champion Bear fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9M4.8M4.9M5.0M5.0M4.9M
Other Current Liab2.2M957.0K942.4K936.4K1.1M916.4K
Total Current Liabilities3.2M2.8M3.1M2.8M3.0M2.5M
Total Stockholder Equity1.7M2.0M1.8M1.9M1.7M3.0M
Net Tangible Assets3.7M4.2M1.7M2.0M1.8M1.7M
Retained Earnings(29.0M)(29.4M)(29.7M)(30.0M)(30.3M)(31.8M)
Accounts Payable738.2K455.0K442.2K94.5K151.3K286.3K
Cash16.7K3.5K631.05.1K4.5K4.3K
Total Liab3.2M2.8M3.1M3.1M3.3M2.6M
Total Current Assets98.7K3.5K11.4K17.0K16.7K15.8K
Common Stock25.2M26.2M26.3M26.8M30.8M28.0M
Property Plant Equipment6.0M6.5M4.8M4.8M4.4M5.2M
Non Current Assets Total4.8M4.8M4.9M5.0M5.0M4.3M
Common Stock Shares Outstanding52.4M56.3M56.6M59.8M60.4M60.4M
Net Invested Capital1.7M2.0M1.8M2.2M2.0M2.0M
Net Working Capital(3.1M)(2.8M)(3.1M)(2.8M)(3.0M)(3.1M)
Capital Stock26.3M26.8M26.8M27.3M27.3M29.5M

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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.