Champion Retained Earnings vs Total Liab Analysis

CIA Stock

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Champion Iron financial indicator trend analysis is way more than just evaluating Champion Iron prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Champion Iron is a good investment. Please check the relationship between Champion Iron Retained Earnings and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Champion Iron. 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.

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champion Iron Retained Earnings account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Champion Iron's Retained Earnings and Total Liab is 0.9. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab in the same time period over historical financial statements of Champion Iron, assuming nothing else is changed. The correlation between historical values of Champion Iron's Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Champion Iron are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Champion Iron's Retained Earnings and Total Liab go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Champion Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Champion Iron 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 Iron. 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.

At this time, Champion Iron's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 6.97, while Selling General Administrative is likely to drop about 26.8 M.

	2023	2024 (projected)
Reconciled Depreciation	123.6M	129.8M
Interest Income	14.4M	15.2M

Reconciled Depreciation Interest Income

Champion Iron fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Non Current Liabilities Total
Total Assets		0.95	0.99	0.99	0.33	0.95	0.98	0.85	0.99	0.08	0.75	0.82	0.94	0.75	0.14	0.72	0.61	0.99	0.99	0.97	0.59	0.77	0.98	0.98	0.47	0.97
Total Current Liabilities	0.95		0.93	0.9	0.13	0.86	0.95	0.92	0.91	0.11	0.84	0.77	0.94	0.8	0.38	0.65	0.69	0.95	0.9	0.97	0.6	0.84	0.94	0.91	0.49	0.9
Total Stockholder Equity	0.99	0.93		0.98	0.26	0.98	0.97	0.85	0.98	0.11	0.75	0.81	0.91	0.69	0.11	0.62	0.55	0.95	0.98	0.95	0.55	0.76	0.94	1.0	0.51	0.94
Property Plant And Equipment Net	0.99	0.9	0.98		0.44	0.97	0.99	0.77	1.0	0.09	0.65	0.78	0.9	0.69	0.03	0.71	0.54	0.98	1.0	0.92	0.6	0.68	0.97	0.98	0.42	0.98
Net Debt	0.33	0.13	0.26	0.44		0.35	0.39	-0.17	0.43	0.07	-0.27	0.26	0.17	0.2	-0.35	0.54	0.14	0.39	0.44	0.13	0.55	-0.12	0.41	0.31	0.04	0.48
Retained Earnings	0.95	0.86	0.98	0.97	0.35		0.95	0.74	0.97	0.24	0.62	0.78	0.81	0.56	-0.04	0.55	0.41	0.9	0.97	0.87	0.54	0.6	0.9	0.99	0.47	0.9
Accounts Payable	0.98	0.95	0.97	0.99	0.39	0.95		0.79	0.99	0.13	0.67	0.76	0.9	0.71	0.14	0.69	0.57	0.98	0.99	0.93	0.65	0.7	0.97	0.97	0.43	0.96
Cash	0.85	0.92	0.85	0.77	-0.17	0.74	0.79		0.78	-0.07	0.96	0.73	0.92	0.76	0.41	0.56	0.67	0.84	0.76	0.95	0.33	0.93	0.81	0.81	0.46	0.77
Non Current Assets Total	0.99	0.91	0.98	1.0	0.43	0.97	0.99	0.78		0.1	0.66	0.81	0.9	0.7	0.07	0.7	0.56	0.98	1.0	0.93	0.63	0.7	0.97	0.99	0.47	0.97
Non Currrent Assets Other	0.08	0.11	0.11	0.09	0.07	0.24	0.13	-0.07	0.1		-0.11	0.21	-0.19	-0.11	-0.12	-0.26	-0.12	0.03	0.11	0.02	0.28	-0.26	0.06	0.17	0.21	0.01
Cash And Short Term Investments	0.75	0.84	0.75	0.65	-0.27	0.62	0.67	0.96	0.66	-0.11		0.75	0.84	0.78	0.53	0.48	0.67	0.73	0.63	0.86	0.35	0.96	0.72	0.7	0.55	0.65
Net Receivables	0.82	0.77	0.81	0.78	0.26	0.78	0.76	0.73	0.81	0.21	0.75		0.74	0.77	0.26	0.61	0.67	0.8	0.77	0.8	0.69	0.74	0.83	0.81	0.79	0.77
Common Stock Total Equity	0.94	0.94	0.91	0.9	0.17	0.81	0.9	0.92	0.9	-0.19	0.84	0.74		0.85	0.33	0.73	0.74	0.94	0.89	0.96	0.5	0.91	0.92	0.88	0.44	0.91
Common Stock Shares Outstanding	0.75	0.8	0.69	0.69	0.2	0.56	0.71	0.76	0.7	-0.11	0.78	0.77	0.85		0.6	0.71	0.85	0.79	0.67	0.79	0.66	0.88	0.8	0.66	0.57	0.74
Short Term Investments	0.14	0.38	0.11	0.03	-0.35	-0.04	0.14	0.41	0.07	-0.12	0.53	0.26	0.33	0.6		0.13	0.57	0.16	0.01	0.25	0.44	0.55	0.24	0.08	0.52	0.05
Other Current Assets	0.72	0.65	0.62	0.71	0.54	0.55	0.69	0.56	0.7	-0.26	0.48	0.61	0.73	0.71	0.13		0.65	0.8	0.7	0.71	0.52	0.57	0.8	0.6	0.21	0.82
Other Stockholder Equity	0.61	0.69	0.55	0.54	0.14	0.41	0.57	0.67	0.56	-0.12	0.67	0.67	0.74	0.85	0.57	0.65		0.66	0.52	0.67	0.57	0.78	0.66	0.51	0.59	0.6
Total Liab	0.99	0.95	0.95	0.98	0.39	0.9	0.98	0.84	0.98	0.03	0.73	0.8	0.94	0.79	0.16	0.8	0.66		0.97	0.96	0.61	0.77	0.99	0.94	0.42	0.99
Property Plant And Equipment Gross	0.99	0.9	0.98	1.0	0.44	0.97	0.99	0.76	1.0	0.11	0.63	0.77	0.89	0.67	0.01	0.7	0.52	0.97		0.92	0.58	0.67	0.96	0.98	0.4	0.98
Total Current Assets	0.97	0.97	0.95	0.92	0.13	0.87	0.93	0.95	0.93	0.02	0.86	0.8	0.96	0.79	0.25	0.71	0.67	0.96	0.92		0.48	0.86	0.94	0.92	0.45	0.93
Short Term Debt	0.59	0.6	0.55	0.6	0.55	0.54	0.65	0.33	0.63	0.28	0.35	0.69	0.5	0.66	0.44	0.52	0.57	0.61	0.58	0.48		0.41	0.7	0.58	0.69	0.58
Common Stock	0.77	0.84	0.76	0.68	-0.12	0.6	0.7	0.93	0.7	-0.26	0.96	0.74	0.91	0.88	0.55	0.57	0.78	0.77	0.67	0.86	0.41		0.76	0.7	0.55	0.7
Other Liab	0.98	0.94	0.94	0.97	0.41	0.9	0.97	0.81	0.97	0.06	0.72	0.83	0.92	0.8	0.24	0.8	0.66	0.99	0.96	0.94	0.7	0.76		0.94	0.5	0.97
Net Tangible Assets	0.98	0.91	1.0	0.98	0.31	0.99	0.97	0.81	0.99	0.17	0.7	0.81	0.88	0.66	0.08	0.6	0.51	0.94	0.98	0.92	0.58	0.7	0.94		0.51	0.93
Other Assets	0.47	0.49	0.51	0.42	0.04	0.47	0.43	0.46	0.47	0.21	0.55	0.79	0.44	0.57	0.52	0.21	0.59	0.42	0.4	0.45	0.69	0.55	0.5	0.51		0.35
Non Current Liabilities Total	0.97	0.9	0.94	0.98	0.48	0.9	0.96	0.77	0.97	0.01	0.65	0.77	0.91	0.74	0.05	0.82	0.6	0.99	0.98	0.93	0.58	0.7	0.97	0.93	0.35

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Champion Iron Account Relationship Matchups

Champion Iron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	882.6M	1.5B	2.0B	2.3B	2.7B	2.8B
Total Current Liabilities	112.9M	293.8M	286.9M	205.7M	323.3M	339.4M
Total Stockholder Equity	376.6M	853.0M	1.2B	1.3B	1.4B	1.5B
Property Plant And Equipment Net	447.4M	581.1M	1.2B	1.4B	1.7B	1.8B
Net Debt	(2.5M)	(392.5M)	55.4M	235.3M	185.3M	194.5M
Retained Earnings	(151.8M)	284.2M	718.7M	815.9M	946.6M	994.0M
Accounts Payable	44.5M	83.4M	160.1M	135.3M	203.0M	213.2M
Cash	281.4M	609.3M	321.9M	326.8M	400.1M	420.1M
Non Current Assets Total	481.3M	689.4M	1.4B	1.6B	1.8B	1.9B
Non Currrent Assets Other	(448.6M)	44.0M	43.7M	8.6M	29.3M	30.7M
Cash And Short Term Investments	298.7M	636.5M	352.7M	327.1M	400.1M	204.6M
Net Receivables	15.9M	98.8M	124.1M	200.2M	120.1M	63.2M
Common Stock Shares Outstanding	464.6M	506.3M	524.1M	527.7M	527.5M	399.2M
Short Term Investments	17.9M	17.3M	27.2M	30.8M	312K	0.0
Liabilities And Stockholders Equity	882.6M	1.5B	2.0B	2.3B	2.7B	2.8B
Other Current Assets	45.6M	5.5M	20.3M	43.4M	47.4M	49.7M
Other Stockholder Equity	21.1M	22.3M	21.3M	22.8M	18.2M	20.7M
Total Liab	506.0M	643.9M	827.5M	1.1B	1.3B	1.4B
Property Plant And Equipment Gross	447.4M	660.2M	1.3B	1.6B	2.0B	2.1B
Total Current Assets	401.5M	807.5M	595.9M	738.0M	900.1M	945.1M
Accumulated Other Comprehensive Income	381K	530K	539K	430K	22.7M	23.9M
Short Term Debt	988K	501K	74.3M	40.5M	37.4M	22.4M
Common Stock	431.6M	516.0M	398.6M	401.3M	409.8M	317.3M
Other Liab	136.6M	115.2M	133.8M	237.6M	273.2M	286.9M
Net Tangible Assets	150.3M	217.1M	687.3M	1.2B	1.3B	1.4B
Other Assets	44.1M	(300K)	92.3M	195.5M	178.5M	0.95
Non Current Liabilities Total	393.1M	350.1M	540.6M	846.9M	1.0B	1.1B
Long Term Investments	1.5M	8.8M	14.2M	14.8M	14.5M	15.2M
Property Plant Equipment	305.6M	447.1M	581.1M	1.2B	1.4B	1.4B
Inventory	58.6M	66.8M	98.9M	167.7M	332.6M	349.2M
Short Long Term Debt Total	278.9M	216.9M	377.3M	562.1M	585.3M	344.7M
Other Current Liab	9.7M	18.3M	29.8M	29.8M	42.6M	21.4M
Current Deferred Revenue	(988K)	(501K)	52.3M	(40.5M)	40.3M	42.3M
Long Term Debt	276.0M	215.0M	251.4M	448.2M	508.4M	288.3M
Short Long Term Debt	46.3M	35.9M	72.0M	27.1M	31.1M	41.2M
Net Invested Capital	652.6M	1.1B	1.5B	1.7B	1.9B	1.2B
Net Working Capital	288.6M	513.8M	309.0M	532.4M	577.0M	381.3M
Capital Stock	431.6M	516.0M	398.6M	401.3M	409.8M	439.1M

Pair Trading with Champion Iron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Champion Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Champion Iron will appreciate offsetting losses from the drop in the long position's value.

Moving together with Champion Stock

0.64

ORE

Orezone Gold Corp

Pair Corr

The ability to find closely correlated positions to Champion Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champion Iron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Champion Iron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Champion Iron to buy it.

The correlation of Champion Iron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Champion Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champion Iron moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Champion Iron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Champion Stock

Balance Sheet is a snapshot of the financial position of Champion Iron at a specified time, usually calculated after every quarter, six months, or one year. Champion Iron Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Champion Iron and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Champion currently owns. An asset can also be divided into two categories, current and non-current.

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Champion Retained Earnings vs Total Liab Analysis

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Liab

Champion Iron fundamental ratios Correlations

Champion Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Champion Iron fundamental ratios Accounts

Pair Trading with Champion Iron

Moving together with Champion Stock

Other Information on Investing in Champion Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Short Term Investments	- 0.35	Net Debt
Cash And Short Term Investments	- 0.27	Net Debt
Common Stock	- 0.26	Non Currrent Assets Other
Other Current Assets	- 0.26	Non Currrent Assets Other
Common Stock Total Equity	- 0.19	Non Currrent Assets Other
Cash	- 0.17	Net Debt