Cornish Inventory vs Common Stock Shares Outstanding 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 Inventory and its Common Stock Shares Outstanding 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.

Inventory vs Common Stock Shares Outstanding

Inventory vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cornish Metals Inventory account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cornish Metals' Inventory and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding 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' Inventory and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Cornish Metals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., Cornish Metals' Inventory and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

0.410.760.99-0.87-0.580.890.960.910.970.980.960.780.760.910.980.960.95-0.26-0.140.46-0.29-0.380.650.650.63
0.410.890.35-0.26-0.390.240.470.260.320.520.510.280.650.260.410.470.34-0.22-0.120.27-0.26-0.390.460.440.51
0.760.890.71-0.54-0.570.540.810.560.690.840.810.630.820.570.750.810.72-0.3-0.140.4-0.34-0.430.630.610.67
0.990.350.71-0.89-0.540.90.950.910.980.970.930.750.690.920.970.950.95-0.21-0.110.38-0.3-0.440.570.560.58
-0.87-0.26-0.54-0.890.45-0.99-0.71-0.99-0.86-0.81-0.8-0.42-0.51-0.98-0.85-0.71-0.730.20.09-0.230.260.52-0.43-0.42-0.49
-0.58-0.39-0.57-0.540.45-0.5-0.57-0.52-0.51-0.65-0.66-0.54-0.7-0.53-0.64-0.56-0.570.360.21-0.53-0.06-0.01-0.67-0.66-0.61
0.890.240.540.9-0.99-0.50.741.00.870.840.850.480.591.00.880.740.76-0.25-0.110.36-0.21-0.390.530.530.53
0.960.470.810.95-0.71-0.570.740.760.940.970.930.870.780.770.941.00.97-0.23-0.140.47-0.31-0.340.650.640.63
0.910.260.560.91-0.99-0.521.00.760.880.860.870.510.621.00.890.760.77-0.26-0.120.38-0.22-0.380.550.560.55
0.970.320.690.98-0.86-0.510.870.940.880.950.90.780.650.890.940.940.96-0.25-0.070.38-0.26-0.440.530.530.51
0.980.520.840.97-0.81-0.650.840.970.860.950.980.810.830.870.970.970.96-0.32-0.150.49-0.3-0.370.70.690.7
0.960.510.810.93-0.8-0.660.850.930.870.90.980.790.880.880.950.930.91-0.36-0.170.6-0.22-0.230.790.790.71
0.780.280.630.75-0.42-0.540.480.870.510.780.810.790.730.530.770.870.88-0.33-0.150.61-0.08-0.010.670.660.45
0.760.650.820.69-0.51-0.70.590.780.620.650.830.880.730.630.770.780.72-0.45-0.240.81-0.140.090.950.950.78
0.910.260.570.92-0.98-0.531.00.771.00.890.870.880.530.630.90.770.79-0.26-0.120.39-0.22-0.380.560.570.56
0.980.410.750.97-0.85-0.640.880.940.890.940.970.950.770.770.90.940.93-0.41-0.320.47-0.33-0.340.670.670.65
0.960.470.810.95-0.71-0.560.741.00.760.940.970.930.870.780.770.940.98-0.24-0.140.45-0.32-0.350.640.630.63
0.950.340.720.95-0.73-0.570.760.970.770.960.960.910.880.720.790.930.98-0.27-0.10.43-0.3-0.320.610.60.61
-0.26-0.22-0.3-0.210.20.36-0.25-0.23-0.26-0.25-0.32-0.36-0.33-0.45-0.26-0.41-0.24-0.270.7-0.460.18-0.2-0.5-0.51-0.34
-0.14-0.12-0.14-0.110.090.21-0.11-0.14-0.12-0.07-0.15-0.17-0.15-0.24-0.12-0.32-0.14-0.10.7-0.240.35-0.15-0.3-0.31-0.22
0.460.270.40.38-0.23-0.530.360.470.380.380.490.60.610.810.390.470.450.43-0.46-0.240.280.520.890.910.42
-0.29-0.26-0.34-0.30.26-0.06-0.21-0.31-0.22-0.26-0.3-0.22-0.08-0.14-0.22-0.33-0.32-0.30.180.350.280.37-0.05-0.04-0.46
-0.38-0.39-0.43-0.440.52-0.01-0.39-0.34-0.38-0.44-0.37-0.23-0.010.09-0.38-0.34-0.35-0.32-0.2-0.150.520.370.320.35-0.01
0.650.460.630.57-0.43-0.670.530.650.550.530.70.790.670.950.560.670.640.61-0.5-0.30.89-0.050.320.990.78
0.650.440.610.56-0.42-0.660.530.640.560.530.690.790.660.950.570.670.630.6-0.51-0.310.91-0.040.350.990.75
0.630.510.670.58-0.49-0.610.530.630.550.510.70.710.450.780.560.650.630.61-0.34-0.220.42-0.46-0.010.780.75
Click cells to compare fundamentals

Cornish Metals Account Relationship Matchups

Cornish Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9M18.2M36.1M102.1M104.2M109.4M
Other Current Liab117.2K161.7K6.2M673.8K2.0M2.1M
Total Current Liabilities688.9K967.5K6.7M2.5M5.1M5.3M
Total Stockholder Equity7.1M8.3M20.7M90.5M90.1M94.6M
Net Debt4.0M5.7M(6.9M)(55.5M)(25.8M)(24.5M)
Retained Earnings(34.3M)(35.7M)(38.6M)(39.7M)(42.4M)(40.3M)
Cash1.3M353.6K6.9M55.5M25.8M27.1M
Non Current Assets Total13.9M15.9M27.3M42.9M73.9M77.6M
Cash And Short Term Investments1.9M1.4M8.5M58.2M28.5M29.9M
Net Receivables23.4K23.6K107.2K656.4K754.9K792.6K
Common Stock Shares Outstanding86.8M135.3M267.6M456.3M535.3M562.0M
Short Term Investments547.7K1.0M1.6M2.7M2.7M2.8M
Liabilities And Stockholders Equity15.9M18.2M36.1M102.1M104.2M109.4M
Other Current Assets54.7K905.2K231.9K372.0K1.8M1.9M
Total Liab8.8M9.8M15.4M11.6M14.1M14.8M
Total Current Assets1.9M2.3M8.8M59.2M30.3M31.8M
Common Stock37.3M40.7M56.8M128.4M128.4M134.8M
Property Plant And Equipment Net13.9M15.9M27.2M42.8M73.8M77.5M
Accounts Payable493.1K785.5K426.5K1.8M3.0M3.2M
Other Stockholder Equity3.9M3.0M2.6M2.4M2.0M1.9M
Accumulated Other Comprehensive Income150.0K239.0K(174.1K)(649.0K)2.1M2.2M
Non Currrent Assets Other36.8K37.0K42.4K54.1K85.2K80.9K
Short Long Term Debt Total5.3M6.0M4.9K642.0577.8548.91
Long Term Debt5.2M6.0M5.2M6.0M6.9M5.2M
Non Current Liabilities Total8.1M8.9M8.7M9.1M9.1M8.5M
Property Plant Equipment13.9M15.9M27.2M42.8M49.2M51.7M
Net Tangible Assets7.0M8.3M20.7M90.5M104.0M109.2M
Net Invested Capital12.3M14.3M20.7M90.5M104.0M109.2M
Net Working Capital1.2M1.3M2.2M56.7M65.3M68.5M
Intangible Assets9.885.050.4466.7560.0857.07
Capital Stock37.3M40.7M56.8M128.4M147.6M155.0M

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