Cornish Accounts Payable vs Inventory Analysis

CUSN Stock

8.70 0.45 5.45%

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

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cornish Metals Accounts Payable account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Cornish Metals' Accounts Payable and Inventory is 0.43. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Cornish Metals, assuming nothing else is changed. The correlation between historical values of Cornish Metals' Accounts Payable and Inventory 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 Cornish Metals are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Cornish Metals' Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

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Accounts Payable

An accounting item on the balance sheet that represents Cornish Metals 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 Cornish Metals 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.

Inventory

Most indicators from Cornish Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cornish Metals 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 Cornish Metals. 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, Cornish Metals' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 11.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Cornish Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Other Stockholder Equity	Non Currrent Assets Other	Inventory	Other Assets	Short Long Term Debt Total	Long Term Debt	Non Current Liabilities Total	Capital Surpluse
Total Assets		0.41	0.76	0.99	-0.87	-0.58	0.89	0.96	0.91	0.97	0.98	0.96	0.78	0.76	0.91	0.98	0.96	0.95	-0.26	-0.14	0.46	-0.29	-0.38	0.65	0.65	0.63
Other Current Liab	0.41		0.89	0.35	-0.26	-0.39	0.24	0.47	0.26	0.32	0.52	0.51	0.28	0.65	0.26	0.41	0.47	0.34	-0.22	-0.12	0.27	-0.26	-0.39	0.46	0.44	0.51
Total Current Liabilities	0.76	0.89		0.71	-0.54	-0.57	0.54	0.81	0.56	0.69	0.84	0.81	0.63	0.82	0.57	0.75	0.81	0.72	-0.3	-0.14	0.4	-0.34	-0.43	0.63	0.61	0.67
Total Stockholder Equity	0.99	0.35	0.71		-0.89	-0.54	0.9	0.95	0.91	0.98	0.97	0.93	0.75	0.69	0.92	0.97	0.95	0.95	-0.21	-0.11	0.38	-0.3	-0.44	0.57	0.56	0.58
Net Debt	-0.87	-0.26	-0.54	-0.89		0.45	-0.99	-0.71	-0.99	-0.86	-0.81	-0.8	-0.42	-0.51	-0.98	-0.85	-0.71	-0.73	0.2	0.09	-0.23	0.26	0.52	-0.43	-0.42	-0.49
Retained Earnings	-0.58	-0.39	-0.57	-0.54	0.45		-0.5	-0.57	-0.52	-0.51	-0.65	-0.66	-0.54	-0.7	-0.53	-0.64	-0.56	-0.57	0.36	0.21	-0.53	-0.06	-0.01	-0.67	-0.66	-0.61
Cash	0.89	0.24	0.54	0.9	-0.99	-0.5		0.74	1.0	0.87	0.84	0.85	0.48	0.59	1.0	0.88	0.74	0.76	-0.25	-0.11	0.36	-0.21	-0.39	0.53	0.53	0.53
Non Current Assets Total	0.96	0.47	0.81	0.95	-0.71	-0.57	0.74		0.76	0.94	0.97	0.93	0.87	0.78	0.77	0.94	1.0	0.97	-0.23	-0.14	0.47	-0.31	-0.34	0.65	0.64	0.63
Cash And Short Term Investments	0.91	0.26	0.56	0.91	-0.99	-0.52	1.0	0.76		0.88	0.86	0.87	0.51	0.62	1.0	0.89	0.76	0.77	-0.26	-0.12	0.38	-0.22	-0.38	0.55	0.56	0.55
Net Receivables	0.97	0.32	0.69	0.98	-0.86	-0.51	0.87	0.94	0.88		0.95	0.9	0.78	0.65	0.89	0.94	0.94	0.96	-0.25	-0.07	0.38	-0.26	-0.44	0.53	0.53	0.51
Common Stock Shares Outstanding	0.98	0.52	0.84	0.97	-0.81	-0.65	0.84	0.97	0.86	0.95		0.98	0.81	0.83	0.87	0.97	0.97	0.96	-0.32	-0.15	0.49	-0.3	-0.37	0.7	0.69	0.7
Short Term Investments	0.96	0.51	0.81	0.93	-0.8	-0.66	0.85	0.93	0.87	0.9	0.98		0.79	0.88	0.88	0.95	0.93	0.91	-0.36	-0.17	0.6	-0.22	-0.23	0.79	0.79	0.71
Other Current Assets	0.78	0.28	0.63	0.75	-0.42	-0.54	0.48	0.87	0.51	0.78	0.81	0.79		0.73	0.53	0.77	0.87	0.88	-0.33	-0.15	0.61	-0.08	-0.01	0.67	0.66	0.45
Total Liab	0.76	0.65	0.82	0.69	-0.51	-0.7	0.59	0.78	0.62	0.65	0.83	0.88	0.73		0.63	0.77	0.78	0.72	-0.45	-0.24	0.81	-0.14	0.09	0.95	0.95	0.78
Total Current Assets	0.91	0.26	0.57	0.92	-0.98	-0.53	1.0	0.77	1.0	0.89	0.87	0.88	0.53	0.63		0.9	0.77	0.79	-0.26	-0.12	0.39	-0.22	-0.38	0.56	0.57	0.56
Common Stock	0.98	0.41	0.75	0.97	-0.85	-0.64	0.88	0.94	0.89	0.94	0.97	0.95	0.77	0.77	0.9		0.94	0.93	-0.41	-0.32	0.47	-0.33	-0.34	0.67	0.67	0.65
Property Plant And Equipment Net	0.96	0.47	0.81	0.95	-0.71	-0.56	0.74	1.0	0.76	0.94	0.97	0.93	0.87	0.78	0.77	0.94		0.98	-0.24	-0.14	0.45	-0.32	-0.35	0.64	0.63	0.63
Accounts Payable	0.95	0.34	0.72	0.95	-0.73	-0.57	0.76	0.97	0.77	0.96	0.96	0.91	0.88	0.72	0.79	0.93	0.98		-0.27	-0.1	0.43	-0.3	-0.32	0.61	0.6	0.61
Other Stockholder Equity	-0.26	-0.22	-0.3	-0.21	0.2	0.36	-0.25	-0.23	-0.26	-0.25	-0.32	-0.36	-0.33	-0.45	-0.26	-0.41	-0.24	-0.27		0.7	-0.46	0.18	-0.2	-0.5	-0.51	-0.34
Non Currrent Assets Other	-0.14	-0.12	-0.14	-0.11	0.09	0.21	-0.11	-0.14	-0.12	-0.07	-0.15	-0.17	-0.15	-0.24	-0.12	-0.32	-0.14	-0.1	0.7		-0.24	0.35	-0.15	-0.3	-0.31	-0.22
Inventory	0.46	0.27	0.4	0.38	-0.23	-0.53	0.36	0.47	0.38	0.38	0.49	0.6	0.61	0.81	0.39	0.47	0.45	0.43	-0.46	-0.24		0.28	0.52	0.89	0.91	0.42
Other Assets	-0.29	-0.26	-0.34	-0.3	0.26	-0.06	-0.21	-0.31	-0.22	-0.26	-0.3	-0.22	-0.08	-0.14	-0.22	-0.33	-0.32	-0.3	0.18	0.35	0.28		0.37	-0.05	-0.04	-0.46
Short Long Term Debt Total	-0.38	-0.39	-0.43	-0.44	0.52	-0.01	-0.39	-0.34	-0.38	-0.44	-0.37	-0.23	-0.01	0.09	-0.38	-0.34	-0.35	-0.32	-0.2	-0.15	0.52	0.37		0.32	0.35	-0.01
Long Term Debt	0.65	0.46	0.63	0.57	-0.43	-0.67	0.53	0.65	0.55	0.53	0.7	0.79	0.67	0.95	0.56	0.67	0.64	0.61	-0.5	-0.3	0.89	-0.05	0.32		0.99	0.78
Non Current Liabilities Total	0.65	0.44	0.61	0.56	-0.42	-0.66	0.53	0.64	0.56	0.53	0.69	0.79	0.66	0.95	0.57	0.67	0.63	0.6	-0.51	-0.31	0.91	-0.04	0.35	0.99		0.75
Capital Surpluse	0.63	0.51	0.67	0.58	-0.49	-0.61	0.53	0.63	0.55	0.51	0.7	0.71	0.45	0.78	0.56	0.65	0.63	0.61	-0.34	-0.22	0.42	-0.46	-0.01	0.78	0.75

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Cornish Metals Account Relationship Matchups

Cornish Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.9M	18.2M	36.1M	102.1M	104.2M	109.4M
Other Current Liab	117.2K	161.7K	6.2M	673.8K	2.0M	2.1M
Total Current Liabilities	688.9K	967.5K	6.7M	2.5M	5.1M	5.3M
Total Stockholder Equity	7.1M	8.3M	20.7M	90.5M	90.1M	94.6M
Net Debt	4.0M	5.7M	(6.9M)	(55.5M)	(25.8M)	(24.5M)
Retained Earnings	(34.3M)	(35.7M)	(38.6M)	(39.7M)	(42.4M)	(40.3M)
Cash	1.3M	353.6K	6.9M	55.5M	25.8M	27.1M
Non Current Assets Total	13.9M	15.9M	27.3M	42.9M	73.9M	77.6M
Cash And Short Term Investments	1.9M	1.4M	8.5M	58.2M	28.5M	29.9M
Net Receivables	23.4K	23.6K	107.2K	656.4K	754.9K	792.6K
Common Stock Shares Outstanding	86.8M	135.3M	267.6M	456.3M	535.3M	562.0M
Short Term Investments	547.7K	1.0M	1.6M	2.7M	2.7M	2.8M
Liabilities And Stockholders Equity	15.9M	18.2M	36.1M	102.1M	104.2M	109.4M
Other Current Assets	54.7K	905.2K	231.9K	372.0K	1.8M	1.9M
Total Liab	8.8M	9.8M	15.4M	11.6M	14.1M	14.8M
Total Current Assets	1.9M	2.3M	8.8M	59.2M	30.3M	31.8M
Common Stock	37.3M	40.7M	56.8M	128.4M	128.4M	134.8M
Property Plant And Equipment Net	13.9M	15.9M	27.2M	42.8M	73.8M	77.5M
Accounts Payable	493.1K	785.5K	426.5K	1.8M	3.0M	3.2M
Other Stockholder Equity	3.9M	3.0M	2.6M	2.4M	2.0M	1.9M
Accumulated Other Comprehensive Income	150.0K	239.0K	(174.1K)	(649.0K)	2.1M	2.2M
Non Currrent Assets Other	36.8K	37.0K	42.4K	54.1K	85.2K	80.9K
Short Long Term Debt Total	5.3M	6.0M	4.9K	642.0	577.8	548.91
Long Term Debt	5.2M	6.0M	5.2M	6.0M	6.9M	5.2M
Non Current Liabilities Total	8.1M	8.9M	8.7M	9.1M	9.1M	8.5M
Property Plant Equipment	13.9M	15.9M	27.2M	42.8M	49.2M	51.7M
Net Tangible Assets	7.0M	8.3M	20.7M	90.5M	104.0M	109.2M
Net Invested Capital	12.3M	14.3M	20.7M	90.5M	104.0M	109.2M
Net Working Capital	1.2M	1.3M	2.2M	56.7M	65.3M	68.5M
Intangible Assets	9.88	5.05	0.44	66.75	60.08	57.07
Capital Stock	37.3M	40.7M	56.8M	128.4M	147.6M	155.0M

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When running Cornish Metals' price analysis, check to measure Cornish Metals' 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 Cornish Metals is operating at the current time. Most of Cornish Metals' value examination focuses on studying past and present price action to predict the probability of Cornish Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cornish Metals' price. Additionally, you may evaluate how the addition of Cornish Metals to your portfolios can decrease your overall portfolio volatility.

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Cornish Accounts Payable vs Inventory Analysis

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

Correlation Coefficient

Accounts Payable

Inventory

Cornish Metals fundamental ratios Correlations

Cornish Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cornish Metals fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Long Term Debt

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Net Debt	- 0.89	Total Stockholder Equity
Net Debt	- 0.87	Total Assets
Net Receivables	- 0.86	Net Debt