Cordoba Free Cash Flow 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 Free Cash Flow 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.
Free Cash Flow vs Net Income
Free Cash Flow 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 Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Cordoba Minerals' Free Cash Flow and Net Income is 0.38. Overlapping area represents the amount of variation of Free Cash Flow 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' Free Cash Flow 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 Free Cash Flow 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 Free Cash Flow i.e., Cordoba Minerals' Free Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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
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Cordoba Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cordoba Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.9M | 10.7M | 11.1M | 19.4M | 52.4M | 26.7M | |
Total Current Liabilities | 22.1M | 1.2M | 1.4M | 26.6M | 8.1M | 5.1M | |
Total Stockholder Equity | (1.1M) | 10.1M | 10.8M | (20.9M) | 25.4M | 13.9M | |
Property Plant And Equipment Net | 1.3M | 1.3M | 1.5M | 2.2M | 3.3M | 3.2M | |
Net Debt | 166.4K | (5.3M) | (4.7M) | (10.6M) | (2.9M) | (3.1M) | |
Retained Earnings | (169.9M) | (197.2M) | (217.7M) | (250.6M) | (273.5M) | (259.8M) | |
Cash | 247.2K | 5.5M | 5.0M | 11.0M | 5.1M | 3.9M | |
Non Current Assets Total | 20.0M | 4.2M | 4.9M | 7.3M | 12.0M | 12.3M | |
Cash And Short Term Investments | 247.2K | 5.5M | 5.0M | 11.0M | 5.1M | 3.4M | |
Net Receivables | 44.4K | 73.7K | 88K | 73K | 34.5M | 36.2M | |
Common Stock Shares Outstanding | 27.2M | 48.8M | 72.3M | 89.1M | 89.4M | 93.9M | |
Liabilities And Stockholders Equity | 20.9M | 10.7M | 11.1M | 19.4M | 52.4M | 55.0M | |
Other Stockholder Equity | 16.9M | 20.3M | 20.5M | 21.3M | 24.5M | 36.6M | |
Total Liab | 22.2M | 1.2M | 1.5M | 40.3M | 9.0M | 6.3M | |
Total Current Assets | 859.1K | 6.5M | 6.2M | 12.1M | 40.3M | 42.3M | |
Common Stock | 151.9M | 187.1M | 208.0M | 208.3M | 208.8M | 134.5M | |
Non Currrent Assets Other | 18.5M | 1.9M | 2.9M | 4.8M | 8.3M | 4.4M | |
Other Current Assets | 567.6K | 997.0K | 1.1M | 1.1M | 776K | 671.2K | |
Other Current Liab | 17.5M | 90.4K | 402K | 21.6M | 4.3M | 4.3M | |
Accounts Payable | 676.0K | 971.8K | 872K | 4.7M | 4.3M | 4.6M | |
Accumulated Other Comprehensive Income | 16.9M | 20.3M | 20.5M | 21.3M | 90.1M | 94.6M | |
Net Tangible Assets | (1.1M) | 10.1M | 9.6M | (20.9M) | (18.8M) | (17.9M) | |
Property Plant Equipment | 1.3M | 1.3M | 1.5M | 2.2M | 1.9M | 1.8M | |
Other Assets | 18.5M | 1.9M | 2.9M | 4.8M | 1.0 | 0.95 | |
Long Term Investments | 185.7K | 971.4K | 486K | 371K | 333.9K | 385.0K | |
Short Long Term Debt Total | 413.6K | 153.0K | 231K | 422K | 2.2M | 2.3M | |
Non Current Liabilities Total | 132.5K | 22.6K | 70K | 13.7M | 861.0K | 817.9K | |
Short Term Debt | 281.2K | 130.5K | 161K | 237K | 1.3M | 1.4M | |
Net Invested Capital | 2.5M | 10.2M | 10.8M | (20.9M) | 25.4M | 26.7M | |
Net Working Capital | (21.2M) | 5.4M | 4.7M | (14.5M) | 32.2M | 33.8M | |
Capital Lease Obligations | 413.6K | 153.0K | 231K | 422K | 1.3M | 1.3M | |
Capital Stock | 151.9M | 187.1M | 208.0M | 208.3M | 208.8M | 203.6M |
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When running Cordoba Minerals' price analysis, check to measure Cordoba Minerals' 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 Cordoba Minerals is operating at the current time. Most of Cordoba Minerals' value examination focuses on studying past and present price action to predict the probability of Cordoba Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cordoba Minerals' price. Additionally, you may evaluate how the addition of Cordoba Minerals to your portfolios can decrease your overall portfolio volatility.