Champion Total Current Liabilities 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 Total Current Liabilities 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.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities 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 Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Champion Bear's Total Current Liabilities and Property Plant Equipment is -0.94. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., Champion Bear's Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

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

-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

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