Capella Average Inventory vs Pb Ratio Analysis
CMIL Stock | CAD 0.06 0.05 500.00% |
Capella Minerals financial indicator trend analysis is way more than just evaluating Capella Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capella Minerals is a good investment. Please check the relationship between Capella Minerals Average Inventory and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capella Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Average Inventory vs Pb Ratio
Average Inventory vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capella Minerals Average Inventory account and Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Capella Minerals' Average Inventory and Pb Ratio is 0.59. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Capella Minerals, assuming nothing else is changed. The correlation between historical values of Capella Minerals' Average Inventory and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Capella Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Average Inventory i.e., Capella Minerals' Average Inventory and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Pb Ratio
Most indicators from Capella Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capella Minerals 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 Capella Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to climb to about 982.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.3 M in 2024.
Capella Minerals fundamental ratios Correlations
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Capella Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capella Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6M | 6.4M | 4.6M | 6.6M | 7.6M | 5.4M | |
Total Current Liabilities | 2.7M | 211.7K | 310.5K | 1.1M | 1.0M | 812.6K | |
Total Stockholder Equity | (1.9M) | 6.0M | 3.9M | 5.1M | 5.8M | 3.5M | |
Net Tangible Assets | (1.9M) | 6.0M | 3.9M | 5.1M | 5.8M | 3.5M | |
Retained Earnings | (17.7M) | (16.1M) | (18.4M) | (19.9M) | (17.9M) | (18.8M) | |
Accounts Payable | 328.2K | 85.3K | 108.1K | 836.8K | 962.4K | 1.0M | |
Cash | 43.2K | 1.1M | 96.5K | 58.0K | 52.2K | 49.6K | |
Non Current Assets Total | 1.5M | 5.1M | 4.3M | 6.4M | 7.4M | 4.4M | |
Net Receivables | 28.6K | 15.3K | 33.9K | 40.7K | 36.7K | 46.0K | |
Common Stock Shares Outstanding | 62.2M | 66.8M | 151.1M | 195.2M | 224.5M | 235.7M | |
Non Current Liabilities Total | 797.8K | 169.1K | 327.5K | 247.2K | 222.5K | 211.4K | |
Other Stockholder Equity | 1.3M | 2.0M | 2.2M | 2.3M | 2.6M | 1.8M | |
Total Liab | 3.5M | 380.8K | 638.1K | 1.4M | 1.2M | 1.3M | |
Net Invested Capital | (1.4M) | 6.0M | 3.9M | 5.1M | 5.8M | 3.6M | |
Total Current Assets | 86.6K | 1.3M | 303.0K | 136.2K | 122.5K | 116.4K | |
Net Working Capital | (2.6M) | 1.1M | (7.6K) | (1.0M) | (904.8K) | (859.6K) | |
Common Stock | 14.2M | 14.5M | 20.1M | 22.6M | 26.0M | 18.0M | |
Property Plant Equipment | 1.5M | 3.1M | 3.9M | 6.3M | 7.2M | 3.9M | |
Other Current Liab | 1.2M | 29.9K | 126.5K | 186.9K | 168.2K | 159.8K | |
Other Liab | 757.8K | 129.1K | 327.5K | 247.2K | 222.5K | 211.4K |
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When running Capella Minerals' price analysis, check to measure Capella 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 Capella Minerals is operating at the current time. Most of Capella Minerals' value examination focuses on studying past and present price action to predict the probability of Capella Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capella Minerals' price. Additionally, you may evaluate how the addition of Capella Minerals to your portfolios can decrease your overall portfolio volatility.