Carawine Other Current Liab vs Property Plant Equipment 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 Other Current Liab and its Property Plant Equipment 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.

Other Current Liab vs Property Plant Equipment

Other Current Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carawine Resources Other Current Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Carawine Resources' Other Current Liab and Property Plant Equipment is -0.32. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant Equipment 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' Other Current Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Carawine Resources Limited are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Liab i.e., Carawine Resources' Other Current Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Property Plant Equipment

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

1.00.960.470.42-0.92-0.420.970.91-0.420.870.980.990.91-0.41-0.51.00.030.73-0.68-0.55-0.890.93-0.251.00.58
1.00.940.460.4-0.91-0.40.960.9-0.40.870.991.00.9-0.38-0.471.00.010.74-0.67-0.55-0.890.92-0.231.00.58
0.960.940.410.64-0.95-0.630.990.91-0.630.940.920.940.91-0.61-0.710.970.210.61-0.82-0.72-0.930.97-0.430.960.51
0.470.460.410.21-0.55-0.290.460.63-0.290.340.490.410.63-0.29-0.340.45-0.410.12-0.4-0.17-0.510.38-0.370.460.37
0.420.40.640.21-0.64-0.990.630.6-0.990.670.420.390.6-0.99-0.980.480.5-0.02-0.91-0.93-0.680.69-0.920.460.12
-0.92-0.91-0.95-0.55-0.640.67-0.96-0.990.67-0.9-0.89-0.89-0.990.660.72-0.94-0.14-0.590.860.770.92-0.960.53-0.94-0.52
-0.42-0.4-0.63-0.29-0.990.67-0.63-0.641.0-0.66-0.42-0.38-0.641.00.99-0.48-0.460.010.920.930.69-0.690.94-0.46-0.14
0.970.960.990.460.63-0.96-0.630.94-0.630.930.950.960.94-0.61-0.690.980.160.63-0.83-0.72-0.950.98-0.450.980.53
0.910.90.910.630.6-0.99-0.640.94-0.640.840.880.871.0-0.63-0.70.920.060.59-0.83-0.73-0.920.92-0.520.920.54
-0.42-0.4-0.63-0.29-0.990.671.0-0.63-0.64-0.66-0.42-0.38-0.641.00.99-0.48-0.460.010.920.930.69-0.690.94-0.46-0.14
0.870.870.940.340.67-0.9-0.660.930.84-0.660.860.870.84-0.64-0.710.90.310.44-0.83-0.77-0.820.96-0.490.890.38
0.980.990.920.490.42-0.89-0.420.950.88-0.420.860.990.88-0.41-0.480.98-0.040.7-0.7-0.55-0.90.92-0.290.980.61
0.991.00.940.410.39-0.89-0.380.960.87-0.380.870.990.87-0.37-0.460.990.030.73-0.66-0.53-0.870.92-0.210.990.57
0.910.90.910.630.6-0.99-0.640.941.0-0.640.840.880.87-0.63-0.690.920.060.6-0.83-0.72-0.920.92-0.520.920.54
-0.41-0.38-0.61-0.29-0.990.661.0-0.61-0.631.0-0.64-0.41-0.37-0.630.98-0.46-0.460.030.920.930.68-0.670.95-0.45-0.13
-0.5-0.47-0.71-0.34-0.980.720.99-0.69-0.70.99-0.71-0.48-0.46-0.690.98-0.55-0.42-0.070.920.910.74-0.730.9-0.53-0.21
1.01.00.970.450.48-0.94-0.480.980.92-0.480.90.980.990.92-0.46-0.550.070.71-0.73-0.61-0.910.95-0.31.00.57
0.030.010.21-0.410.5-0.14-0.460.160.06-0.460.31-0.040.030.06-0.46-0.420.07-0.32-0.37-0.52-0.060.27-0.270.05-0.63
0.730.740.610.12-0.02-0.590.010.630.590.010.440.70.730.60.03-0.070.71-0.32-0.23-0.18-0.570.550.160.710.77
-0.68-0.67-0.82-0.4-0.910.860.92-0.83-0.830.92-0.83-0.7-0.66-0.830.920.92-0.73-0.37-0.230.960.89-0.870.84-0.72-0.33
-0.55-0.55-0.72-0.17-0.930.770.93-0.72-0.730.93-0.77-0.55-0.53-0.720.930.91-0.61-0.52-0.180.960.76-0.810.84-0.6-0.2
-0.89-0.89-0.93-0.51-0.680.920.69-0.95-0.920.69-0.82-0.9-0.87-0.920.680.74-0.91-0.06-0.570.890.76-0.910.59-0.91-0.62
0.930.920.970.380.69-0.96-0.690.980.92-0.690.960.920.920.92-0.67-0.730.950.270.55-0.87-0.81-0.91-0.520.950.44
-0.25-0.23-0.43-0.37-0.920.530.94-0.45-0.520.94-0.49-0.29-0.21-0.520.950.9-0.3-0.270.160.840.840.59-0.52-0.29-0.16
1.01.00.960.460.46-0.94-0.460.980.92-0.460.890.980.990.92-0.45-0.531.00.050.71-0.72-0.6-0.910.95-0.290.57
0.580.580.510.370.12-0.52-0.140.530.54-0.140.380.610.570.54-0.13-0.210.57-0.630.77-0.33-0.2-0.620.44-0.160.57
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Carawine Resources Account Relationship Matchups

Carawine Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9M14.8M18.7M22.5M25.7M16.3M
Total Current Liabilities259.6K462.3K449.0K824.0K893.5K605.5K
Total Stockholder Equity9.6M14.3M18.0M21.6M24.8M15.5M
Net Tangible Assets9.6M14.3M18.0M21.6M24.9M12.9M
Property Plant And Equipment Net27.2K138.5K94.3K306.0K21.8M22.9M
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)
Cash1.8M3.9M3.0M3.8M3.7M2.9M
Non Current Assets Total7.9M10.7M15.6M18.5M21.8M12.2M
Non Currrent Assets Other7.9M10.6M15.5M18.2M27.2K25.8K
Other Assets7.9M10.6M15.5M18.2M21.0M22.0M
Cash And Short Term Investments1.8M3.9M3.0M3.8M3.7M2.9M
Common Stock Shares Outstanding73.8M102.7M131.6M176.8M220.8M117.2M
Short Term Investments4M1M70K2M1.8M952K
Liabilities And Stockholders Equity9.9M14.8M18.7M22.5M25.7M16.3M
Non Current Liabilities Total80.1K16.5K260K37.1K5.9K5.6K
Other Current Assets8.6K14.5K62.5K160.9K180.3K189.3K
Total Liab259.6K478.8K709.0K861.1K899.4K739.8K
Net Invested Capital9.6M14.3M18.0M21.6M24.9M13.9M
Property Plant And Equipment Gross7.9M10.8M15.7M18.6M21.4M22.5M
Total Current Assets1.9M4.1M3.1M4.0M3.9M3.0M
Accumulated Other Comprehensive Income289.1K492.4K498.6K726.0K418.2K450.2K
Net Working Capital1.7M3.6M2.7M3.2M2.8M2.6M
Common Stock12.2M18.3M23.3M27.9M32.2M19.4M
Property Plant Equipment7.9M10.7M15.6M306.0K351.9K334.3K
Other Current Liab179.5K230.1K296.0K533.6K326.0K305.1K
Accounts Payable80.1K206.9K134.4K233.4K506.5K262.9K
Net Receivables148.5K113.8K107.1K53.7K48.3K92.9K
Other Stockholder Equity289.1K492.4K498.6K726.0K834.9K523.6K
Capital Stock12.2M18.3M23.3M27.9M32.1M20.0M

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