Canso Accounts Payable vs Retained Earnings Analysis

CSOC-A Stock

CAD 2.25 0.00 0.00%

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

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canso Select Opportu Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Canso Select's Accounts Payable and Retained Earnings is -0.09. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Canso Select Opportunities, assuming nothing else is changed. The correlation between historical values of Canso Select's Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Canso Select Opportunities are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Canso Select's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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Accounts Payable

An accounting item on the balance sheet that represents Canso Select 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 Canso Select Opportu 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.

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.

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

As of November 29, 2024, Selling General Administrative is expected to decline to about 291.6 K. The current year's Tax Provision is expected to grow to about (119.9 K)

Canso Select fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Term Investments
Total Assets		-0.2	0.72	1.0	0.97	0.49	0.67	-0.38	-0.2	-0.19	-0.48	-0.62	0.72	1.0	-0.62	0.99	-0.43	0.28	-0.42	0.97
Other Current Liab	-0.2		-0.26	-0.21	-0.31	0.34	-0.6	0.93	1.0	1.0	-0.49	0.46	-0.26	-0.21	0.46	-0.11	0.86	-0.99	0.86	-0.4
Total Current Liabilities	0.72	-0.26		0.7	0.77	0.05	0.93	-0.3	-0.25	-0.25	-0.17	-0.76	1.0	0.7	-0.76	0.68	-0.53	0.27	-0.52	0.65
Total Stockholder Equity	1.0	-0.21	0.7		0.96	0.49	0.66	-0.38	-0.2	-0.2	-0.47	-0.63	0.7	1.0	-0.63	0.99	-0.42	0.28	-0.42	0.97
Net Tangible Assets	0.97	-0.31	0.77	0.96		0.39	0.75	-0.47	-0.31	-0.31	-0.44	-0.57	0.77	0.96	-0.57	0.95	-0.52	0.4	-0.52	0.95
Retained Earnings	0.49	0.34	0.05	0.49	0.39		-0.09	0.07	0.33	0.34	-0.91	0.17	0.05	0.49	0.17	0.57	0.25	-0.26	0.25	0.46
Accounts Payable	0.67	-0.6	0.93	0.66	0.75	-0.09		-0.6	-0.59	-0.59	0.04	-0.8	0.93	0.66	-0.8	0.6	-0.77	0.6	-0.76	0.69
Cash	-0.38	0.93	-0.3	-0.38	-0.47	0.07	-0.6		0.94	0.93	-0.22	0.43	-0.3	-0.38	0.43	-0.31	0.73	-0.95	0.73	-0.57
Non Current Assets Total	-0.2	1.0	-0.25	-0.2	-0.31	0.33	-0.59	0.94		1.0	-0.49	0.45	-0.25	-0.2	0.45	-0.11	0.86	-0.99	0.86	-0.4
Non Currrent Assets Other	-0.19	1.0	-0.25	-0.2	-0.31	0.34	-0.59	0.93	1.0		-0.49	0.45	-0.25	-0.2	0.45	-0.1	0.86	-0.99	0.86	-0.39
Other Assets	-0.48	-0.49	-0.17	-0.47	-0.44	-0.91	0.04	-0.22	-0.49	-0.49		-0.27	-0.17	-0.47	-0.27	-0.56	-0.37	0.39	-0.36	-0.38
Common Stock Shares Outstanding	-0.62	0.46	-0.76	-0.63	-0.57	0.17	-0.8	0.43	0.45	0.45	-0.27		-0.76	-0.63	1.0	-0.56	0.63	-0.43	0.61	-0.63
Total Liab	0.72	-0.26	1.0	0.7	0.77	0.05	0.93	-0.3	-0.25	-0.25	-0.17	-0.76		0.7	-0.76	0.68	-0.53	0.27	-0.52	0.65
Net Invested Capital	1.0	-0.21	0.7	1.0	0.96	0.49	0.66	-0.38	-0.2	-0.2	-0.47	-0.63	0.7		-0.63	0.99	-0.42	0.28	-0.42	0.97
Long Term Investments	-0.62	0.46	-0.76	-0.63	-0.57	0.17	-0.8	0.43	0.45	0.45	-0.27	1.0	-0.76	-0.63		-0.56	0.63	-0.43	0.61	-0.63
Total Current Assets	0.99	-0.11	0.68	0.99	0.95	0.57	0.6	-0.31	-0.11	-0.1	-0.56	-0.56	0.68	0.99	-0.56		-0.34	0.19	-0.33	0.95
Capital Stock	-0.43	0.86	-0.53	-0.42	-0.52	0.25	-0.77	0.73	0.86	0.86	-0.37	0.63	-0.53	-0.42	0.63	-0.34		-0.86	1.0	-0.54
Net Working Capital	0.28	-0.99	0.27	0.28	0.4	-0.26	0.6	-0.95	-0.99	-0.99	0.39	-0.43	0.27	0.28	-0.43	0.19	-0.86		-0.86	0.47
Common Stock	-0.42	0.86	-0.52	-0.42	-0.52	0.25	-0.76	0.73	0.86	0.86	-0.36	0.61	-0.52	-0.42	0.61	-0.33	1.0	-0.86		-0.53
Short Term Investments	0.97	-0.4	0.65	0.97	0.95	0.46	0.69	-0.57	-0.4	-0.39	-0.38	-0.63	0.65	0.97	-0.63	0.95	-0.54	0.47	-0.53

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Canso Select Account Relationship Matchups

Canso Select fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.2M	12.1M	14.5M	13.8M	15.9M	14.8M
Total Current Liabilities	36.5K	35.1K	42.5K	178.6K	205.4K	215.6K
Total Stockholder Equity	13.1M	12.0M	14.4M	13.6M	15.6M	14.7M
Retained Earnings	(2.3M)	(3.4M)	(1.0M)	(1.8M)	(2.1M)	(2.2M)
Accounts Payable	27.4K	26.0K	33.4K	178.6K	205.4K	215.6K
Cash	45.8K	181.0K	70.5K	80.0K	72.0K	98.0K
Non Current Assets Total	411.0K	594.0K	269.0K	423.9K	381.5K	362.4K
Total Liab	36.5K	35.1K	42.5K	178.6K	205.4K	215.6K
Net Invested Capital	13.1M	12.0M	14.4M	13.6M	15.6M	14.7M
Total Current Assets	12.7M	11.5M	14.2M	13.4M	15.4M	14.3M
Net Working Capital	12.7M	11.4M	14.1M	13.2M	15.2M	11.4M

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Balance Sheet is a snapshot of the financial position of Canso Select Opportu at a specified time, usually calculated after every quarter, six months, or one year. Canso Select Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canso Select 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 Canso currently owns. An asset can also be divided into two categories, current and non-current.

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