Canso Total Current Liabilities vs Non Current Assets Total 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 Total Current Liabilities and its Non Current Assets Total 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.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canso Select Opportu Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Canso Select's Total Current Liabilities and Non Current Assets Total is -0.25. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total 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 Total Current Liabilities and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Canso Select Opportunities are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Canso Select's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Canso Select balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canso Select Opportunities are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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

-0.20.721.00.970.490.67-0.38-0.2-0.19-0.48-0.620.721.0-0.620.99-0.430.28-0.420.97
-0.2-0.26-0.21-0.310.34-0.60.931.01.0-0.490.46-0.26-0.210.46-0.110.86-0.990.86-0.4
0.72-0.260.70.770.050.93-0.3-0.25-0.25-0.17-0.761.00.7-0.760.68-0.530.27-0.520.65
1.0-0.210.70.960.490.66-0.38-0.2-0.2-0.47-0.630.71.0-0.630.99-0.420.28-0.420.97
0.97-0.310.770.960.390.75-0.47-0.31-0.31-0.44-0.570.770.96-0.570.95-0.520.4-0.520.95
0.490.340.050.490.39-0.090.070.330.34-0.910.170.050.490.170.570.25-0.260.250.46
0.67-0.60.930.660.75-0.09-0.6-0.59-0.590.04-0.80.930.66-0.80.6-0.770.6-0.760.69
-0.380.93-0.3-0.38-0.470.07-0.60.940.93-0.220.43-0.3-0.380.43-0.310.73-0.950.73-0.57
-0.21.0-0.25-0.2-0.310.33-0.590.941.0-0.490.45-0.25-0.20.45-0.110.86-0.990.86-0.4
-0.191.0-0.25-0.2-0.310.34-0.590.931.0-0.490.45-0.25-0.20.45-0.10.86-0.990.86-0.39
-0.48-0.49-0.17-0.47-0.44-0.910.04-0.22-0.49-0.49-0.27-0.17-0.47-0.27-0.56-0.370.39-0.36-0.38
-0.620.46-0.76-0.63-0.570.17-0.80.430.450.45-0.27-0.76-0.631.0-0.560.63-0.430.61-0.63
0.72-0.261.00.70.770.050.93-0.3-0.25-0.25-0.17-0.760.7-0.760.68-0.530.27-0.520.65
1.0-0.210.71.00.960.490.66-0.38-0.2-0.2-0.47-0.630.7-0.630.99-0.420.28-0.420.97
-0.620.46-0.76-0.63-0.570.17-0.80.430.450.45-0.271.0-0.76-0.63-0.560.63-0.430.61-0.63
0.99-0.110.680.990.950.570.6-0.31-0.11-0.1-0.56-0.560.680.99-0.56-0.340.19-0.330.95
-0.430.86-0.53-0.42-0.520.25-0.770.730.860.86-0.370.63-0.53-0.420.63-0.34-0.861.0-0.54
0.28-0.990.270.280.4-0.260.6-0.95-0.99-0.990.39-0.430.270.28-0.430.19-0.86-0.860.47
-0.420.86-0.52-0.42-0.520.25-0.760.730.860.86-0.360.61-0.52-0.420.61-0.331.0-0.86-0.53
0.97-0.40.650.970.950.460.69-0.57-0.4-0.39-0.38-0.630.650.97-0.630.95-0.540.47-0.53
Click cells to compare fundamentals

Canso Select Account Relationship Matchups

Canso Select fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.2M12.1M14.5M13.8M15.9M14.8M
Total Current Liabilities36.5K35.1K42.5K178.6K205.4K215.6K
Total Stockholder Equity13.1M12.0M14.4M13.6M15.6M14.7M
Retained Earnings(2.3M)(3.4M)(1.0M)(1.8M)(2.1M)(2.2M)
Accounts Payable27.4K26.0K33.4K178.6K205.4K215.6K
Cash45.8K181.0K70.5K80.0K72.0K98.0K
Non Current Assets Total411.0K594.0K269.0K423.9K381.5K362.4K
Total Liab36.5K35.1K42.5K178.6K205.4K215.6K
Net Invested Capital13.1M12.0M14.4M13.6M15.6M14.7M
Total Current Assets12.7M11.5M14.2M13.4M15.4M14.3M
Net Working Capital12.7M11.4M14.1M13.2M15.2M11.4M

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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.