| CPL Stock | | | CAD 0.01 0.01 100.00% |
Copper Lake financial indicator trend analysis is way more than just evaluating Copper Lake Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copper Lake Resources is a good investment. Please check the relationship between Copper Lake Current Ratio and its Operating Cash Flow Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Copper Lake Resources. 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.
Current Ratio vs Operating Cash Flow Per Share
Current Ratio vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Copper Lake Resources Current Ratio account and
Operating Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Copper Lake's Current Ratio and Operating Cash Flow Per Share is -0.33. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Copper Lake Resources, assuming nothing else is changed. The correlation between historical values of Copper Lake's Current Ratio and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Copper Lake Resources are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Current Ratio i.e., Copper Lake's Current Ratio and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Copper Lake's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copper Lake Resources 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 Copper Lake Resources. 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, Copper Lake's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 5.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1
M in 2024.
Copper Lake fundamental ratios Correlations
Click cells to compare fundamentals
Copper Lake Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Copper Lake fundamental ratios Accounts
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Additional Tools for Copper Stock Analysis
When running Copper Lake's price analysis, check to
measure Copper Lake's 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 Copper Lake is operating at the current time. Most of Copper Lake's value examination focuses on studying past and present price action to
predict the probability of Copper Lake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copper Lake's price. Additionally, you may evaluate how the addition of Copper Lake to your portfolios can decrease your overall portfolio volatility.