Cordoba Capital Expenditures vs Net Income Analysis

CDB Stock  CAD 0.42  0.02  5.00%   
Cordoba Minerals financial indicator trend analysis is way more than just evaluating Cordoba Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cordoba Minerals Corp is a good investment. Please check the relationship between Cordoba Minerals Capital Expenditures and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cordoba Minerals Corp. 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.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cordoba Minerals Corp Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cordoba Minerals' Capital Expenditures and Net Income is 0.12. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Cordoba Minerals Corp, assuming nothing else is changed. The correlation between historical values of Cordoba Minerals' Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Cordoba Minerals Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Cordoba Minerals' Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Cordoba Minerals Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cordoba Minerals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cordoba Minerals Corp financial statement analysis. It represents the amount of money remaining after all of Cordoba Minerals Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Cordoba Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cordoba Minerals Corp 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 Cordoba Minerals Corp. 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.
Enterprise Value is likely to climb to about 28.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.

Cordoba Minerals fundamental ratios Correlations

0.030.830.8-0.050.120.30.870.120.30.050.110.010.34-0.130.05-0.2-0.130.00.25-0.16-0.220.10.12-0.190.39
0.03-0.49-0.27-0.44-0.520.37-0.090.490.090.51-0.160.980.180.510.74-0.070.431.00.57-0.54-0.31-0.28-0.58-0.10.13
0.83-0.490.90.240.470.00.88-0.230.05-0.350.19-0.510.03-0.45-0.32-0.01-0.39-0.51-0.220.21-0.020.30.46-0.130.11
0.8-0.270.90.10.580.080.97-0.13-0.21-0.440.2-0.26-0.19-0.54-0.340.2-0.43-0.27-0.250.21-0.020.380.55-0.2-0.1
-0.05-0.440.240.10.46-0.890.12-0.98-0.02-0.590.04-0.58-0.24-0.530.080.02-0.6-0.43-0.570.290.210.250.38-0.25-0.01
0.12-0.520.470.580.46-0.370.45-0.55-0.56-0.92-0.04-0.51-0.63-0.94-0.530.52-0.87-0.48-0.760.810.630.830.95-0.38-0.43
0.30.370.00.08-0.89-0.370.080.890.120.53-0.140.480.360.43-0.05-0.090.470.350.59-0.17-0.04-0.15-0.290.130.13
0.87-0.090.880.970.120.450.08-0.13-0.11-0.330.17-0.12-0.09-0.43-0.090.1-0.35-0.09-0.140.07-0.140.30.39-0.230.01
0.120.49-0.23-0.13-0.98-0.550.89-0.130.160.69-0.060.610.370.610.02-0.110.650.470.68-0.38-0.26-0.33-0.470.240.15
0.30.090.05-0.21-0.02-0.560.12-0.110.160.67-0.020.070.970.320.27-0.950.220.050.75-0.48-0.22-0.39-0.45-0.020.97
0.050.51-0.35-0.44-0.59-0.920.53-0.330.690.67-0.120.540.770.820.4-0.640.780.470.89-0.73-0.49-0.69-0.870.240.61
0.11-0.160.190.20.04-0.04-0.140.17-0.06-0.02-0.12-0.15-0.050.04-0.140.00.21-0.16-0.08-0.29-0.48-0.310.110.56-0.11
0.010.98-0.51-0.26-0.58-0.510.48-0.120.610.070.54-0.150.180.510.6-0.050.450.980.62-0.53-0.29-0.28-0.54-0.070.11
0.340.180.03-0.19-0.24-0.630.36-0.090.370.970.77-0.050.180.420.25-0.920.340.140.85-0.5-0.23-0.41-0.510.030.94
-0.130.51-0.45-0.54-0.53-0.940.43-0.430.610.320.820.040.510.420.5-0.240.930.470.6-0.75-0.62-0.8-0.910.440.19
0.050.74-0.32-0.340.08-0.53-0.05-0.090.020.270.4-0.140.60.250.5-0.210.340.720.33-0.49-0.35-0.29-0.63-0.090.28
-0.2-0.07-0.010.20.020.52-0.090.1-0.11-0.95-0.640.0-0.05-0.92-0.24-0.21-0.19-0.05-0.710.450.210.370.430.0-0.93
-0.130.43-0.39-0.43-0.6-0.870.47-0.350.650.220.780.210.450.340.930.34-0.190.40.54-0.74-0.67-0.84-0.860.650.09
0.01.0-0.51-0.27-0.43-0.480.35-0.090.470.050.47-0.160.980.140.470.72-0.050.40.54-0.51-0.29-0.25-0.54-0.110.1
0.250.57-0.22-0.25-0.57-0.760.59-0.140.680.750.89-0.080.620.850.60.33-0.710.540.54-0.69-0.35-0.53-0.660.070.74
-0.16-0.540.210.210.290.81-0.170.07-0.38-0.48-0.73-0.29-0.53-0.5-0.75-0.490.45-0.74-0.51-0.690.840.850.79-0.37-0.39
-0.22-0.31-0.02-0.020.210.63-0.04-0.14-0.26-0.22-0.49-0.48-0.29-0.23-0.62-0.350.21-0.67-0.29-0.350.840.740.62-0.44-0.12
0.1-0.280.30.380.250.83-0.150.3-0.33-0.39-0.69-0.31-0.28-0.41-0.8-0.290.37-0.84-0.25-0.530.850.740.81-0.66-0.23
0.12-0.580.460.550.380.95-0.290.39-0.47-0.45-0.870.11-0.54-0.51-0.91-0.630.43-0.86-0.54-0.660.790.620.81-0.37-0.35
-0.19-0.1-0.13-0.2-0.25-0.380.13-0.230.24-0.020.240.56-0.070.030.44-0.090.00.65-0.110.07-0.37-0.44-0.66-0.37-0.15
0.390.130.11-0.1-0.01-0.430.130.010.150.970.61-0.110.110.940.190.28-0.930.090.10.74-0.39-0.12-0.23-0.35-0.15
Click cells to compare fundamentals

Cordoba Minerals Account Relationship Matchups

Cordoba Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.9M10.7M11.1M19.4M52.4M26.7M
Total Current Liabilities22.1M1.2M1.4M26.6M8.1M5.1M
Total Stockholder Equity(1.1M)10.1M10.8M(20.9M)25.4M13.9M
Property Plant And Equipment Net1.3M1.3M1.5M2.2M3.3M3.2M
Net Debt166.4K(5.3M)(4.7M)(10.6M)(2.9M)(3.1M)
Retained Earnings(169.9M)(197.2M)(217.7M)(250.6M)(273.5M)(259.8M)
Cash247.2K5.5M5.0M11.0M5.1M3.9M
Non Current Assets Total20.0M4.2M4.9M7.3M12.0M12.3M
Cash And Short Term Investments247.2K5.5M5.0M11.0M5.1M3.4M
Net Receivables44.4K73.7K88K73K34.5M36.2M
Common Stock Shares Outstanding27.2M48.8M72.3M89.1M89.4M93.9M
Liabilities And Stockholders Equity20.9M10.7M11.1M19.4M52.4M55.0M
Other Stockholder Equity16.9M20.3M20.5M21.3M24.5M36.6M
Total Liab22.2M1.2M1.5M40.3M9.0M6.3M
Total Current Assets859.1K6.5M6.2M12.1M40.3M42.3M
Common Stock151.9M187.1M208.0M208.3M208.8M134.5M
Non Currrent Assets Other18.5M1.9M2.9M4.8M8.3M4.4M
Other Current Assets567.6K997.0K1.1M1.1M776K671.2K
Other Current Liab17.5M90.4K402K21.6M4.3M4.3M
Accounts Payable676.0K971.8K872K4.7M4.3M4.6M
Accumulated Other Comprehensive Income16.9M20.3M20.5M21.3M90.1M94.6M
Net Tangible Assets(1.1M)10.1M9.6M(20.9M)(18.8M)(17.9M)
Property Plant Equipment1.3M1.3M1.5M2.2M1.9M1.8M
Other Assets18.5M1.9M2.9M4.8M1.00.95
Long Term Investments185.7K971.4K486K371K333.9K385.0K
Short Long Term Debt Total413.6K153.0K231K422K2.2M2.3M
Non Current Liabilities Total132.5K22.6K70K13.7M861.0K817.9K
Short Term Debt281.2K130.5K161K237K1.3M1.4M
Net Invested Capital2.5M10.2M10.8M(20.9M)25.4M26.7M
Net Working Capital(21.2M)5.4M4.7M(14.5M)32.2M33.8M
Capital Lease Obligations413.6K153.0K231K422K1.3M1.3M
Capital Stock151.9M187.1M208.0M208.3M208.8M203.6M

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