Carawine Net Debt vs Cash And Short Term Investments 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 Net Debt and its Cash And Short Term Investments 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carawine Resources Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Carawine Resources' Net Debt and Cash And Short Term Investments is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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' Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Carawine Resources Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Carawine Resources' Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Carawine Resources balance sheet. This account contains Carawine Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Carawine Resources Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Accounts Payable	Net Receivables	Other Stockholder Equity	Cash And Equivalents	Capital Stock	Short Long Term Debt Total
Total Assets		1.0	0.96	0.47	0.42	-0.92	-0.42	0.97	0.91	-0.42	0.87	0.98	0.99	0.91	-0.41	-0.5	1.0	0.03	0.73	-0.68	-0.55	-0.89	0.93	-0.25	1.0	0.58
Total Stockholder Equity	1.0		0.94	0.46	0.4	-0.91	-0.4	0.96	0.9	-0.4	0.87	0.99	1.0	0.9	-0.38	-0.47	1.0	0.01	0.74	-0.67	-0.55	-0.89	0.92	-0.23	1.0	0.58
Net Tangible Assets	0.96	0.94		0.41	0.64	-0.95	-0.63	0.99	0.91	-0.63	0.94	0.92	0.94	0.91	-0.61	-0.71	0.97	0.21	0.61	-0.82	-0.72	-0.93	0.97	-0.43	0.96	0.51
Property Plant And Equipment Net	0.47	0.46	0.41		0.21	-0.55	-0.29	0.46	0.63	-0.29	0.34	0.49	0.41	0.63	-0.29	-0.34	0.45	-0.41	0.12	-0.4	-0.17	-0.51	0.38	-0.37	0.46	0.37
Net Debt	0.42	0.4	0.64	0.21		-0.64	-0.99	0.63	0.6	-0.99	0.67	0.42	0.39	0.6	-0.99	-0.98	0.48	0.5	-0.02	-0.91	-0.93	-0.68	0.69	-0.92	0.46	0.12
Retained Earnings	-0.92	-0.91	-0.95	-0.55	-0.64		0.67	-0.96	-0.99	0.67	-0.9	-0.89	-0.89	-0.99	0.66	0.72	-0.94	-0.14	-0.59	0.86	0.77	0.92	-0.96	0.53	-0.94	-0.52
Cash	-0.42	-0.4	-0.63	-0.29	-0.99	0.67		-0.63	-0.64	1.0	-0.66	-0.42	-0.38	-0.64	1.0	0.99	-0.48	-0.46	0.01	0.92	0.93	0.69	-0.69	0.94	-0.46	-0.14
Non Current Assets Total	0.97	0.96	0.99	0.46	0.63	-0.96	-0.63		0.94	-0.63	0.93	0.95	0.96	0.94	-0.61	-0.69	0.98	0.16	0.63	-0.83	-0.72	-0.95	0.98	-0.45	0.98	0.53
Other Assets	0.91	0.9	0.91	0.63	0.6	-0.99	-0.64	0.94		-0.64	0.84	0.88	0.87	1.0	-0.63	-0.7	0.92	0.06	0.59	-0.83	-0.73	-0.92	0.92	-0.52	0.92	0.54
Cash And Short Term Investments	-0.42	-0.4	-0.63	-0.29	-0.99	0.67	1.0	-0.63	-0.64		-0.66	-0.42	-0.38	-0.64	1.0	0.99	-0.48	-0.46	0.01	0.92	0.93	0.69	-0.69	0.94	-0.46	-0.14
Common Stock Total Equity	0.87	0.87	0.94	0.34	0.67	-0.9	-0.66	0.93	0.84	-0.66		0.86	0.87	0.84	-0.64	-0.71	0.9	0.31	0.44	-0.83	-0.77	-0.82	0.96	-0.49	0.89	0.38
Common Stock Shares Outstanding	0.98	0.99	0.92	0.49	0.42	-0.89	-0.42	0.95	0.88	-0.42	0.86		0.99	0.88	-0.41	-0.48	0.98	-0.04	0.7	-0.7	-0.55	-0.9	0.92	-0.29	0.98	0.61
Net Invested Capital	0.99	1.0	0.94	0.41	0.39	-0.89	-0.38	0.96	0.87	-0.38	0.87	0.99		0.87	-0.37	-0.46	0.99	0.03	0.73	-0.66	-0.53	-0.87	0.92	-0.21	0.99	0.57
Property Plant And Equipment Gross	0.91	0.9	0.91	0.63	0.6	-0.99	-0.64	0.94	1.0	-0.64	0.84	0.88	0.87		-0.63	-0.69	0.92	0.06	0.6	-0.83	-0.72	-0.92	0.92	-0.52	0.92	0.54
Total Current Assets	-0.41	-0.38	-0.61	-0.29	-0.99	0.66	1.0	-0.61	-0.63	1.0	-0.64	-0.41	-0.37	-0.63		0.98	-0.46	-0.46	0.03	0.92	0.93	0.68	-0.67	0.95	-0.45	-0.13
Net Working Capital	-0.5	-0.47	-0.71	-0.34	-0.98	0.72	0.99	-0.69	-0.7	0.99	-0.71	-0.48	-0.46	-0.69	0.98		-0.55	-0.42	-0.07	0.92	0.91	0.74	-0.73	0.9	-0.53	-0.21
Common Stock	1.0	1.0	0.97	0.45	0.48	-0.94	-0.48	0.98	0.92	-0.48	0.9	0.98	0.99	0.92	-0.46	-0.55		0.07	0.71	-0.73	-0.61	-0.91	0.95	-0.3	1.0	0.57
Property Plant Equipment	0.03	0.01	0.21	-0.41	0.5	-0.14	-0.46	0.16	0.06	-0.46	0.31	-0.04	0.03	0.06	-0.46	-0.42	0.07		-0.32	-0.37	-0.52	-0.06	0.27	-0.27	0.05	-0.63
Other Current Liab	0.73	0.74	0.61	0.12	-0.02	-0.59	0.01	0.63	0.59	0.01	0.44	0.7	0.73	0.6	0.03	-0.07	0.71	-0.32		-0.23	-0.18	-0.57	0.55	0.16	0.71	0.77
Other Liab	-0.68	-0.67	-0.82	-0.4	-0.91	0.86	0.92	-0.83	-0.83	0.92	-0.83	-0.7	-0.66	-0.83	0.92	0.92	-0.73	-0.37	-0.23		0.96	0.89	-0.87	0.84	-0.72	-0.33
Accounts Payable	-0.55	-0.55	-0.72	-0.17	-0.93	0.77	0.93	-0.72	-0.73	0.93	-0.77	-0.55	-0.53	-0.72	0.93	0.91	-0.61	-0.52	-0.18	0.96		0.76	-0.81	0.84	-0.6	-0.2
Net Receivables	-0.89	-0.89	-0.93	-0.51	-0.68	0.92	0.69	-0.95	-0.92	0.69	-0.82	-0.9	-0.87	-0.92	0.68	0.74	-0.91	-0.06	-0.57	0.89	0.76		-0.91	0.59	-0.91	-0.62
Other Stockholder Equity	0.93	0.92	0.97	0.38	0.69	-0.96	-0.69	0.98	0.92	-0.69	0.96	0.92	0.92	0.92	-0.67	-0.73	0.95	0.27	0.55	-0.87	-0.81	-0.91		-0.52	0.95	0.44
Cash And Equivalents	-0.25	-0.23	-0.43	-0.37	-0.92	0.53	0.94	-0.45	-0.52	0.94	-0.49	-0.29	-0.21	-0.52	0.95	0.9	-0.3	-0.27	0.16	0.84	0.84	0.59	-0.52		-0.29	-0.16
Capital Stock	1.0	1.0	0.96	0.46	0.46	-0.94	-0.46	0.98	0.92	-0.46	0.89	0.98	0.99	0.92	-0.45	-0.53	1.0	0.05	0.71	-0.72	-0.6	-0.91	0.95	-0.29		0.57
Short Long Term Debt Total	0.58	0.58	0.51	0.37	0.12	-0.52	-0.14	0.53	0.54	-0.14	0.38	0.61	0.57	0.54	-0.13	-0.21	0.57	-0.63	0.77	-0.33	-0.2	-0.62	0.44	-0.16	0.57

Click cells to compare fundamentals

Carawine Resources Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Carawine Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC