Caravel Ebitda vs Other Operating Expenses Analysis

CVV Stock

0.19 0.01 5.00%

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

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caravel Minerals Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.

The correlation between Caravel Minerals' Ebitda and Other Operating Expenses is -0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Caravel Minerals, assuming nothing else is changed. The correlation between historical values of Caravel Minerals' Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Caravel Minerals are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., Caravel Minerals' Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

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Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Caravel Minerals. It is also known as Caravel Minerals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Caravel Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caravel Minerals 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 Caravel Minerals. 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, Caravel Minerals' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 100.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9.8 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	14.5M	11.8M	7.6M	5.7M
Total Revenue	50.0	145.9K	131.3K	90.6K

Other Operating Expenses Total Revenue

Caravel Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Inventory	Intangible Assets	Non Currrent Assets Other	Net Tangible Assets	Other Stockholder Equity	Long Term Investments
Total Assets		0.4	0.84	1.0	0.47	-0.96	-0.85	0.85	0.96	0.71	0.96	0.89	0.21	0.73	0.0	0.84	0.26	0.97	0.89	0.24	0.08	-0.12	0.78	0.86	0.71	-0.53
Other Current Liab	0.4		0.76	0.36	0.26	-0.25	-0.57	0.53	0.24	0.64	0.24	0.5	0.32	0.41	0.29	0.76	0.53	0.26	0.53	0.46	0.13	-0.36	0.36	0.27	0.42	0.02
Total Current Liabilities	0.84	0.76		0.81	0.31	-0.76	-0.78	0.92	0.75	0.79	0.75	0.75	0.35	0.6	0.17	1.0	0.42	0.76	0.78	0.37	0.16	-0.23	0.64	0.8	0.65	-0.13
Total Stockholder Equity	1.0	0.36	0.81		0.47	-0.96	-0.84	0.83	0.96	0.69	0.96	0.88	0.19	0.72	-0.02	0.81	0.24	0.97	0.88	0.22	0.07	-0.1	0.78	0.86	0.71	-0.54
Property Plant And Equipment Net	0.47	0.26	0.31	0.47		-0.29	-0.47	0.17	0.3	0.59	0.3	0.58	-0.08	0.21	0.4	0.31	0.29	0.33	0.49	0.33	0.46	-0.09	0.16	0.12	0.54	-0.46
Net Debt	-0.96	-0.25	-0.76	-0.96	-0.29		0.71	-0.86	-1.0	-0.51	-1.0	-0.82	-0.16	-0.69	0.11	-0.76	-0.13	-1.0	-0.77	-0.11	0.02	0.02	-0.72	-0.93	-0.57	0.5
Retained Earnings	-0.85	-0.57	-0.78	-0.84	-0.47	0.71		-0.67	-0.72	-0.81	-0.72	-0.87	-0.41	-0.88	0.08	-0.78	-0.44	-0.73	-0.99	-0.41	0.03	0.3	-0.92	-0.61	-0.72	0.57
Accounts Payable	0.85	0.53	0.92	0.83	0.17	-0.86	-0.67		0.85	0.59	0.85	0.74	0.42	0.61	0.07	0.92	0.41	0.86	0.69	0.38	0.04	-0.27	0.63	0.93	0.46	-0.2
Cash	0.96	0.24	0.75	0.96	0.3	-1.0	-0.72	0.85		0.49	1.0	0.83	0.15	0.7	-0.11	0.75	0.13	1.0	0.77	0.11	-0.03	-0.03	0.72	0.91	0.55	-0.54
Non Current Assets Total	0.71	0.64	0.79	0.69	0.59	-0.51	-0.81	0.59	0.49		0.49	0.63	0.3	0.46	0.21	0.79	0.45	0.51	0.79	0.43	0.32	-0.25	0.61	0.5	0.84	-0.13
Cash And Short Term Investments	0.96	0.24	0.75	0.96	0.3	-1.0	-0.72	0.85	1.0	0.49		0.83	0.15	0.7	-0.11	0.75	0.13	1.0	0.77	0.11	-0.03	-0.03	0.72	0.91	0.55	-0.54
Net Receivables	0.89	0.5	0.75	0.88	0.58	-0.82	-0.87	0.74	0.83	0.63	0.83		0.32	0.83	0.13	0.75	0.46	0.85	0.9	0.45	-0.05	-0.31	0.76	0.69	0.54	-0.72
Common Stock Total Equity	0.21	0.32	0.35	0.19	-0.08	-0.16	-0.41	0.42	0.15	0.3	0.15	0.32		0.5	-0.04	0.35	0.84	0.16	0.37	0.84	-0.38	-0.88	0.46	0.34	-0.14	-0.15
Common Stock Shares Outstanding	0.73	0.41	0.6	0.72	0.21	-0.69	-0.88	0.61	0.7	0.46	0.7	0.83	0.5		-0.22	0.6	0.41	0.7	0.89	0.38	-0.34	-0.36	0.92	0.57	0.41	-0.73
Other Current Assets	0.0	0.29	0.17	-0.02	0.4	0.11	0.08	0.07	-0.11	0.21	-0.11	0.13	-0.04	-0.22		0.17	0.24	-0.08	-0.07	0.25	0.59	-0.17	-0.24	-0.12	0.05	0.11
Total Liab	0.84	0.76	1.0	0.81	0.31	-0.76	-0.78	0.92	0.75	0.79	0.75	0.75	0.35	0.6	0.17		0.42	0.76	0.78	0.37	0.16	-0.23	0.64	0.8	0.65	-0.13
Property Plant And Equipment Gross	0.26	0.53	0.42	0.24	0.29	-0.13	-0.44	0.41	0.13	0.45	0.13	0.46	0.84	0.41	0.24	0.42		0.15	0.41	0.99	-0.15	-0.94	0.34	0.23	-0.06	-0.22
Total Current Assets	0.97	0.26	0.76	0.97	0.33	-1.0	-0.73	0.86	1.0	0.51	1.0	0.85	0.16	0.7	-0.08	0.76	0.15		0.78	0.14	-0.02	-0.05	0.73	0.91	0.56	-0.55
Common Stock	0.89	0.53	0.78	0.88	0.49	-0.77	-0.99	0.69	0.77	0.79	0.77	0.9	0.37	0.89	-0.07	0.78	0.41	0.78		0.39	-0.03	-0.27	0.92	0.64	0.72	-0.62
Property Plant Equipment	0.24	0.46	0.37	0.22	0.33	-0.11	-0.41	0.38	0.11	0.43	0.11	0.45	0.84	0.38	0.25	0.37	0.99	0.14	0.39		-0.14	-0.93	0.31	0.22	-0.08	-0.23
Inventory	0.08	0.13	0.16	0.07	0.46	0.02	0.03	0.04	-0.03	0.32	-0.03	-0.05	-0.38	-0.34	0.59	0.16	-0.15	-0.02	-0.03	-0.14		0.31	-0.26	-0.1	0.4	0.24
Intangible Assets	-0.12	-0.36	-0.23	-0.1	-0.09	0.02	0.3	-0.27	-0.03	-0.25	-0.03	-0.31	-0.88	-0.36	-0.17	-0.23	-0.94	-0.05	-0.27	-0.93	0.31		-0.3	-0.13	0.26	0.23
Non Currrent Assets Other	0.78	0.36	0.64	0.78	0.16	-0.72	-0.92	0.63	0.72	0.61	0.72	0.76	0.46	0.92	-0.24	0.64	0.34	0.73	0.92	0.31	-0.26	-0.3		0.62	0.57	-0.6
Net Tangible Assets	0.86	0.27	0.8	0.86	0.12	-0.93	-0.61	0.93	0.91	0.5	0.91	0.69	0.34	0.57	-0.12	0.8	0.23	0.91	0.64	0.22	-0.1	-0.13	0.62		0.44	-0.23
Other Stockholder Equity	0.71	0.42	0.65	0.71	0.54	-0.57	-0.72	0.46	0.55	0.84	0.55	0.54	-0.14	0.41	0.05	0.65	-0.06	0.56	0.72	-0.08	0.4	0.26	0.57	0.44		-0.18
Long Term Investments	-0.53	0.02	-0.13	-0.54	-0.46	0.5	0.57	-0.2	-0.54	-0.13	-0.54	-0.72	-0.15	-0.73	0.11	-0.13	-0.22	-0.55	-0.62	-0.23	0.24	0.23	-0.6	-0.23	-0.18

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Caravel Minerals Account Relationship Matchups

Caravel Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5M	16.9M	6.0M	10.3M	12.9M	13.6M
Other Current Liab	15.3K	256.4K	634.2K	591.1K	207.2K	215.5K
Total Current Liabilities	87.9K	1.7M	1.2M	1.5M	1.1M	582.5K
Total Stockholder Equity	3.4M	15.3M	4.8M	8.7M	11.8M	12.4M
Property Plant And Equipment Net	129.5K	206.9K	186.4K	625.5K	3.6M	3.8M
Net Debt	(231.9K)	(13.2M)	(2.4M)	(6.1M)	(8.7M)	(8.3M)
Retained Earnings	(46.0M)	(54.4M)	(68.9M)	(79.5M)	(85.9M)	(81.6M)
Accounts Payable	72.6K	1.4M	567.4K	954.2K	884.8K	454.3K
Cash	231.9K	13.2M	2.4M	6.1M	8.7M	9.2M
Non Current Assets Total	3.2M	3.3M	3.3M	3.8M	3.6M	2.3M
Cash And Short Term Investments	231.9K	13.2M	2.4M	6.1M	8.7M	9.2M
Net Receivables	17.6K	363.8K	205.7K	387.6K	533.3K	560.0K
Common Stock Shares Outstanding	193.7M	289.3M	387.9M	452.6M	519.5M	545.5M
Liabilities And Stockholders Equity	3.5M	16.9M	6.0M	10.3M	12.9M	7.0M
Other Current Assets	7.8K	9.3K	5.8K	18.9K	31.8K	35.4K
Total Liab	87.9K	1.7M	1.2M	1.5M	1.1M	582.5K
Property Plant And Equipment Gross	3.2M	3.4M	3.5M	4.1M	4.1M	3.4M
Total Current Assets	257.3K	13.6M	2.7M	6.5M	9.3M	9.8M
Accumulated Other Comprehensive Income	3.2M	3.1M	4.1M	4.3M	4.4M	2.7M
Common Stock	46.1M	66.6M	69.5M	83.9M	93.3M	98.0M
Property Plant Equipment	3.2M	3.3M	3.3M	3.8M	4.4M	3.3M
Non Currrent Assets Other	(3.2K)	(3.3K)	3.1M	3.2M	3.7M	3.8M
Net Tangible Assets	3.4M	15.3M	4.8M	8.7M	10.0M	5.9M
Other Stockholder Equity	(2.0M)	(2.1M)	(2.3K)	(15.9K)	(4.4K)	(8.9K)
Cash And Equivalents	586.8K	713.5K	231.9K	13.2M	15.2M	16.0M
Net Invested Capital	3.4M	15.3M	4.8M	8.7M	11.8M	7.5M
Net Working Capital	169.3K	11.9M	1.5M	4.9M	8.2M	8.6M
Capital Stock	46.1M	66.6M	69.5M	83.9M	93.3M	74.3M

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