Camino Non Current Liabilities Total vs Accounts Payable Analysis

COR Stock  CAD 0.05  0.01  25.00%   
Camino Minerals financial indicator trend analysis is way more than just evaluating Camino Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camino Minerals is a good investment. Please check the relationship between Camino Minerals Non Current Liabilities Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camino 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 board of governors.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camino Minerals Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
Non Current Liabilities TotalAccounts PayableDiversified AwayNon Current Liabilities TotalAccounts PayableDiversified Away100%
The correlation between Camino Minerals' Non Current Liabilities Total and Accounts Payable is -0.2. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Camino Minerals, assuming nothing else is changed. The correlation between historical values of Camino Minerals' Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Camino Minerals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Camino Minerals' Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Camino Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Camino Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Camino Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camino 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 Camino 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 board of governors.
Selling General Administrative is likely to drop to about 1.1 M in 2024. Enterprise Value Over EBITDA is likely to drop to -4.88 in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation80.8K101.4K116.6K122.5K
Interest Income35.6K43.3K49.8K52.3K

Camino Minerals fundamental ratios Correlations

0.060.980.96-0.830.210.820.970.240.82-0.290.020.490.120.220.820.39-0.070.270.20.260.260.66-0.21-0.080.11
0.06-0.12-0.04-0.08-0.490.06-0.020.410.06-0.10.670.3-0.050.930.230.090.840.420.460.050.2-0.21-0.450.04-0.72
0.98-0.120.96-0.810.280.810.970.170.81-0.28-0.10.430.120.060.770.38-0.210.20.150.250.260.7-0.14-0.090.27
0.96-0.040.96-0.660.170.651.00.340.65-0.330.030.340.00.090.640.51-0.090.380.240.430.350.69-0.28-0.20.12
-0.83-0.08-0.81-0.66-0.33-1.0-0.680.11-1.00.140.13-0.63-0.32-0.29-0.98-0.040.120.1-0.020.18-0.02-0.47-0.04-0.23-0.19
0.21-0.490.280.17-0.330.330.19-0.810.330.09-0.920.380.67-0.290.21-0.54-0.72-0.78-0.87-0.48-0.69-0.170.80.030.44
0.820.060.810.65-1.00.330.67-0.131.0-0.15-0.150.630.340.280.980.02-0.15-0.130.01-0.190.010.470.060.220.22
0.97-0.020.971.0-0.680.190.670.320.67-0.330.020.380.040.120.660.48-0.10.360.220.40.320.67-0.26-0.20.12
0.240.410.170.340.11-0.81-0.130.32-0.13-0.250.84-0.27-0.720.24-0.020.870.650.990.880.830.860.45-0.95-0.11-0.45
0.820.060.810.65-1.00.331.00.67-0.13-0.15-0.150.630.340.280.980.02-0.15-0.130.01-0.190.010.470.060.220.22
-0.29-0.1-0.28-0.330.140.09-0.15-0.33-0.25-0.15-0.16-0.070.22-0.11-0.13-0.25-0.09-0.25-0.22-0.26-0.35-0.180.3-0.090.01
0.020.67-0.10.030.13-0.92-0.150.020.84-0.15-0.16-0.2-0.560.480.010.520.810.840.890.430.630.23-0.82-0.1-0.65
0.490.30.430.34-0.630.380.630.38-0.270.63-0.07-0.20.730.60.62-0.33-0.2-0.24-0.23-0.3-0.29-0.140.29-0.080.09
0.12-0.050.120.0-0.320.670.340.04-0.720.340.22-0.560.730.210.28-0.76-0.56-0.69-0.62-0.7-0.79-0.30.82-0.340.27
0.220.930.060.09-0.29-0.290.280.120.240.28-0.110.480.60.210.42-0.040.620.250.31-0.060.08-0.22-0.280.02-0.5
0.820.230.770.64-0.980.210.980.66-0.020.98-0.130.010.620.280.420.070.030.00.11-0.160.050.47-0.050.220.04
0.390.090.380.51-0.04-0.540.020.480.870.02-0.250.52-0.33-0.76-0.040.070.410.840.690.940.90.56-0.860.07-0.17
-0.070.84-0.21-0.090.12-0.72-0.15-0.10.65-0.15-0.090.81-0.2-0.560.620.030.410.650.660.320.5-0.03-0.740.23-0.75
0.270.420.20.380.1-0.78-0.130.360.99-0.13-0.250.84-0.24-0.690.250.00.840.650.870.80.820.43-0.93-0.17-0.49
0.20.460.150.24-0.02-0.870.010.220.880.01-0.220.89-0.23-0.620.310.110.690.660.870.560.840.48-0.86-0.11-0.32
0.260.050.250.430.18-0.48-0.190.40.83-0.19-0.260.43-0.3-0.7-0.06-0.160.940.320.80.560.820.34-0.79-0.05-0.15
0.260.20.260.35-0.02-0.690.010.320.860.01-0.350.63-0.29-0.790.080.050.90.50.820.840.820.48-0.910.18-0.09
0.66-0.210.70.69-0.47-0.170.470.670.450.47-0.180.23-0.14-0.3-0.220.470.56-0.030.430.480.340.48-0.38-0.120.14
-0.21-0.45-0.14-0.28-0.040.80.06-0.26-0.950.060.3-0.820.290.82-0.28-0.05-0.86-0.74-0.93-0.86-0.79-0.91-0.38-0.180.44
-0.080.04-0.09-0.2-0.230.030.22-0.2-0.110.22-0.09-0.1-0.08-0.340.020.220.070.23-0.17-0.11-0.050.18-0.12-0.18-0.03
0.11-0.720.270.12-0.190.440.220.12-0.450.220.01-0.650.090.27-0.50.04-0.17-0.75-0.49-0.32-0.15-0.090.140.44-0.03
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Camino Minerals Account Relationship Matchups

Camino Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.3M25.9M8.1M6.6M5.9M9.1M
Total Current Liabilities302.3K414.1K266.1K2.0M2.2M2.4M
Total Stockholder Equity15.0M25.5M7.7M4.6M4.2M4.0M
Property Plant And Equipment Net12.5M18.8M5.8M4.7M4.2M6.5M
Net Debt(2.7M)(6.7M)(2.0M)(838.2K)(964.0K)(1.0M)
Retained Earnings(36.3M)(37.8M)(56.2M)(59.3M)(53.3M)(50.7M)
Cash2.7M6.7M2.2M947.1K852.4K809.7K
Non Current Assets Total12.5M18.8M5.8M4.7M4.2M6.5M
Cash And Short Term Investments2.7M6.7M2.2M947.1K852.4K809.7K
Net Receivables7.6K15.6K14.4K29.6K26.7K40.7K
Common Stock Shares Outstanding58.2M69.6M112.8M173.3M199.3M209.3M
Liabilities And Stockholders Equity15.3M25.9M8.1M6.6M5.9M9.1M
Other Stockholder Equity5.8M8.0M7.6M5.6M5.1M4.8M
Total Liab302.3K414.1K375.0K2.0M1.8M1.9M
Total Current Assets2.8M7.1M2.4M1.9M1.7M2.5M
Accumulated Other Comprehensive Income15.4M15.6M16.6M18.6M21.4M16.9M
Net Tangible Assets11.7M15.0M12.2M7.7M8.9M8.8M
Accounts Payable302.3K355.6K108.4K922.3K1.1M1.1M
Common Stock26.7M27.3M30.1M39.7M45.6M30.6M
Property Plant Equipment11.7M12.5M5.5M5.8M6.6M6.7M
Other Current Assets94.8K393.6K142.7K53.6K61.6K58.5K
Net Invested Capital15.0M25.5M7.7M4.6M4.2M4.0M
Net Working Capital2.5M6.7M2.1M(76.4K)(68.7K)(65.3K)

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