Carawine Non Current Assets Total vs Cash 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 Non Current Assets Total and its Cash 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.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carawine Resources Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Carawine Resources' Non Current Assets Total and Cash is -0.63. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash 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' Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Carawine Resources Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Carawine Resources' Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Cash
Cash refers to the most liquid asset of Carawine Resources, which is listed under current asset account on Carawine Resources Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Carawine Resources customers. The amounts must be unrestricted with restricted cash listed in a different Carawine Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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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