Carawine Common Stock vs Cash And Equivalents Analysis
CWX Stock | 0.11 0.01 8.33% |
Carawine Resources financial indicator trend analysis is way more than just evaluating Carawine Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carawine Resources is a good investment. Please check the relationship between Carawine Resources Common Stock and its Cash And Equivalents accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carawine Resources Limited. 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.
Common Stock vs Cash And Equivalents
Common Stock vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carawine Resources Common Stock account and Cash And Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Carawine Resources' Common Stock and Cash And Equivalents is -0.3. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Carawine Resources Limited, assuming nothing else is changed. The correlation between historical values of Carawine Resources' Common Stock and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Carawine Resources Limited are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Common Stock i.e., Carawine Resources' Common Stock and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Cash And Equivalents
Most indicators from Carawine Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carawine Resources 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 Carawine Resources Limited. 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. Selling General Administrative is likely to gain to about 457.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 5.2 M in 2024.
Carawine Resources fundamental ratios Correlations
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Carawine Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carawine Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9M | 14.8M | 18.7M | 22.5M | 25.7M | 16.3M | |
Total Current Liabilities | 259.6K | 462.3K | 449.0K | 824.0K | 893.5K | 605.5K | |
Total Stockholder Equity | 9.6M | 14.3M | 18.0M | 21.6M | 24.8M | 15.5M | |
Net Tangible Assets | 9.6M | 14.3M | 18.0M | 21.6M | 24.9M | 12.9M | |
Property Plant And Equipment Net | 27.2K | 138.5K | 94.3K | 306.0K | 21.8M | 22.9M | |
Net Debt | (1.8M) | (3.9M) | (2.9M) | (3.7M) | (3.6M) | (3.8M) | |
Retained Earnings | (3.1M) | (4.4M) | (6.0M) | (7.0M) | (7.8M) | (7.4M) | |
Cash | 1.8M | 3.9M | 3.0M | 3.8M | 3.7M | 2.9M | |
Non Current Assets Total | 7.9M | 10.7M | 15.6M | 18.5M | 21.8M | 12.2M | |
Non Currrent Assets Other | 7.9M | 10.6M | 15.5M | 18.2M | 27.2K | 25.8K | |
Other Assets | 7.9M | 10.6M | 15.5M | 18.2M | 21.0M | 22.0M | |
Cash And Short Term Investments | 1.8M | 3.9M | 3.0M | 3.8M | 3.7M | 2.9M | |
Common Stock Shares Outstanding | 73.8M | 102.7M | 131.6M | 176.8M | 220.8M | 117.2M | |
Short Term Investments | 4M | 1M | 70K | 2M | 1.8M | 952K | |
Liabilities And Stockholders Equity | 9.9M | 14.8M | 18.7M | 22.5M | 25.7M | 16.3M | |
Non Current Liabilities Total | 80.1K | 16.5K | 260K | 37.1K | 5.9K | 5.6K | |
Other Current Assets | 8.6K | 14.5K | 62.5K | 160.9K | 180.3K | 189.3K | |
Total Liab | 259.6K | 478.8K | 709.0K | 861.1K | 899.4K | 739.8K | |
Net Invested Capital | 9.6M | 14.3M | 18.0M | 21.6M | 24.9M | 13.9M | |
Property Plant And Equipment Gross | 7.9M | 10.8M | 15.7M | 18.6M | 21.4M | 22.5M | |
Total Current Assets | 1.9M | 4.1M | 3.1M | 4.0M | 3.9M | 3.0M | |
Accumulated Other Comprehensive Income | 289.1K | 492.4K | 498.6K | 726.0K | 418.2K | 450.2K | |
Net Working Capital | 1.7M | 3.6M | 2.7M | 3.2M | 2.8M | 2.6M | |
Common Stock | 12.2M | 18.3M | 23.3M | 27.9M | 32.2M | 19.4M | |
Property Plant Equipment | 7.9M | 10.7M | 15.6M | 306.0K | 351.9K | 334.3K | |
Other Current Liab | 179.5K | 230.1K | 296.0K | 533.6K | 326.0K | 305.1K | |
Accounts Payable | 80.1K | 206.9K | 134.4K | 233.4K | 506.5K | 262.9K | |
Net Receivables | 148.5K | 113.8K | 107.1K | 53.7K | 48.3K | 92.9K | |
Other Stockholder Equity | 289.1K | 492.4K | 498.6K | 726.0K | 834.9K | 523.6K | |
Capital Stock | 12.2M | 18.3M | 23.3M | 27.9M | 32.1M | 20.0M |
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When running Carawine Resources' price analysis, check to measure Carawine Resources' 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 Carawine Resources is operating at the current time. Most of Carawine Resources' value examination focuses on studying past and present price action to predict the probability of Carawine Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carawine Resources' price. Additionally, you may evaluate how the addition of Carawine Resources to your portfolios can decrease your overall portfolio volatility.