Canso Net Invested Capital vs Total Current Assets 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 Net Invested Capital and its Total Current Assets 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.

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canso Select Opportu Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Canso Select's Net Invested Capital and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets 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 Net Invested Capital and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Canso Select Opportunities are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Canso Select's Net Invested Capital and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Other Information on Investing in Canso Stock

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC