Cornish Long Term Debt vs Other Stockholder Equity Analysis

CUSN Stock   8.50  0.20  2.30%   
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 Long Term Debt and its Other Stockholder Equity 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.

Long Term Debt vs Other Stockholder Equity

Long Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cornish Metals Long Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cornish Metals' Long Term Debt and Other Stockholder Equity is -0.5. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity 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' Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Cornish Metals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Cornish Metals' Long Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Cornish Metals has held for over one year. Long-term debt appears on Cornish Metals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Cornish Metals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Stockholder Equity

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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