Champion Property Plant Equipment vs Accounts Payable 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 Property Plant Equipment and its Accounts Payable 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.
Property Plant Equipment vs Accounts Payable
Property Plant Equipment vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champion Bear Resources Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Champion Bear's Property Plant Equipment and Accounts Payable is -0.2. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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 Property Plant Equipment and Accounts Payable 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 Champion Bear Resources are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Champion Bear's Property Plant Equipment and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Accounts Payable
An accounting item on the balance sheet that represents Champion Bear obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Champion Bear Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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.