Desert Property Plant And Equipment Net vs Other Stockholder Equity Analysis

DME Stock  CAD 0.28  0.02  7.69%   
Desert Mountain financial indicator trend analysis is much more than just examining Desert Mountain Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Desert Mountain Energy is a good investment. Please check the relationship between Desert Mountain Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desert Mountain Energy. 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desert Mountain Energy Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Desert Mountain's Property Plant And Equipment Net and Other Stockholder Equity is -0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Desert Mountain Energy, assuming nothing else is changed. The correlation between historical values of Desert Mountain's Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Desert Mountain Energy are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Desert Mountain's Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

Most indicators from Desert Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Desert Mountain Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desert Mountain Energy. 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, Desert Mountain's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 25.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 3.03 in 2024.

Desert Mountain fundamental ratios Correlations

-0.250.671.00.960.970.940.97-0.510.940.890.8-0.28-0.920.730.320.760.69-0.260.880.060.950.970.020.91.0
-0.250.13-0.27-0.23-0.22-0.21-0.270.38-0.14-0.06-0.270.230.2-0.19-0.24-0.310.52-0.03-0.16-0.55-0.27-0.3-0.03-0.18-0.26
0.670.130.680.780.650.420.69-0.380.560.610.52-0.26-0.690.940.290.470.69-0.180.4-0.10.740.720.660.430.68
1.0-0.270.680.960.950.920.98-0.510.910.870.83-0.33-0.920.740.380.790.68-0.270.850.060.940.980.040.870.99
0.96-0.230.780.960.970.860.94-0.530.920.920.68-0.16-0.90.840.20.630.68-0.260.840.010.970.930.210.860.97
0.97-0.220.650.950.970.950.93-0.520.980.960.63-0.04-0.890.70.080.580.69-0.230.940.020.950.890.00.960.97
0.94-0.210.420.920.860.950.89-0.460.970.90.66-0.06-0.830.470.110.620.66-0.210.970.050.860.84-0.30.980.93
0.97-0.270.690.980.940.930.89-0.550.880.820.82-0.33-0.960.740.380.780.65-0.190.820.180.960.970.060.840.97
-0.510.38-0.38-0.51-0.53-0.52-0.46-0.55-0.5-0.38-0.350.090.46-0.53-0.11-0.36-0.17-0.39-0.47-0.47-0.64-0.52-0.09-0.47-0.55
0.94-0.140.560.910.920.980.970.88-0.50.960.560.06-0.850.59-0.020.510.72-0.190.980.020.910.83-0.140.990.94
0.89-0.060.610.870.920.960.90.82-0.380.960.480.12-0.790.61-0.080.420.72-0.260.92-0.220.860.78-0.050.940.89
0.8-0.270.520.830.680.630.660.82-0.350.560.48-0.78-0.740.580.810.990.49-0.270.490.130.670.890.050.520.79
-0.280.23-0.26-0.33-0.16-0.04-0.06-0.330.090.060.12-0.780.25-0.33-1.0-0.82-0.070.190.16-0.15-0.15-0.47-0.260.12-0.26
-0.920.2-0.69-0.92-0.9-0.89-0.83-0.960.46-0.85-0.79-0.740.25-0.7-0.28-0.68-0.640.16-0.79-0.19-0.91-0.91-0.07-0.8-0.92
0.73-0.190.940.740.840.70.470.74-0.530.590.610.58-0.33-0.70.360.560.51-0.170.440.080.810.790.680.470.74
0.32-0.240.290.380.20.080.110.38-0.11-0.02-0.080.81-1.0-0.280.360.850.1-0.2-0.110.140.20.510.24-0.070.31
0.76-0.310.470.790.630.580.620.78-0.360.510.420.99-0.82-0.680.560.850.43-0.260.430.160.630.870.050.470.75
0.690.520.690.680.680.690.660.65-0.170.720.720.49-0.07-0.640.510.10.43-0.290.65-0.310.630.640.020.660.68
-0.26-0.03-0.18-0.27-0.26-0.23-0.21-0.19-0.39-0.19-0.26-0.270.190.16-0.17-0.2-0.26-0.29-0.160.33-0.16-0.27-0.09-0.18-0.23
0.88-0.160.40.850.840.940.970.82-0.470.980.920.490.16-0.790.44-0.110.430.65-0.160.060.840.75-0.311.00.88
0.06-0.55-0.10.060.010.020.050.18-0.470.02-0.220.13-0.15-0.190.080.140.16-0.310.330.060.170.13-0.020.030.09
0.95-0.270.740.940.970.950.860.96-0.640.910.860.67-0.15-0.910.810.20.630.63-0.160.840.170.920.160.860.95
0.97-0.30.720.980.930.890.840.97-0.520.830.780.89-0.47-0.910.790.510.870.64-0.270.750.130.920.150.770.97
0.02-0.030.660.040.210.0-0.30.06-0.09-0.14-0.050.05-0.26-0.070.680.240.050.02-0.09-0.31-0.020.160.15-0.280.03
0.9-0.180.430.870.860.960.980.84-0.470.990.940.520.12-0.80.47-0.070.470.66-0.181.00.030.860.77-0.280.9
1.0-0.260.680.990.970.970.930.97-0.550.940.890.79-0.26-0.920.740.310.750.68-0.230.880.090.950.970.030.9
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Desert Mountain Account Relationship Matchups

Desert Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5M34.5M40.0M59.4M68.4M71.8M
Other Current Liab15.8K14.6K23.4K37.8K34.0K32.3K
Total Current Liabilities75.7K516.9K2.3M956.3K1.1M1.2M
Total Stockholder Equity13.5M33.9M37.3M50.8M58.4M61.3M
Property Plant And Equipment Net2.7M7.3M25.5M25.5M29.3M30.7M
Non Current Assets Total2.8M7.4M26.7M45.9M52.8M55.4M
Non Currrent Assets Other2.7M6.8M1.1M19.6M22.6M23.7M
Common Stock Shares Outstanding42.0M63.8M73.7M84.3M96.9M101.8M
Liabilities And Stockholders Equity13.5M34.5M40.0M59.4M68.4M71.8M
Other Stockholder Equity1.7M11.3M8.5M(6K)(6.9K)(6.6K)
Total Liab75.7K666.9K2.7M8.7M10.0M10.5M
Net Receivables11.1K18.9K412.5K843.4K969.9K1.0M
Total Current Assets10.7M27.1M13.4M13.6M15.6M16.4M
Net Debt(10.1M)(26.6M)(12.2M)(2.1M)(1.9M)(2.0M)
Retained Earnings(21.0M)(28.9M)(36.5M)(48.1M)(43.3M)(41.1M)
Accounts Payable60.0K502.3K2.3M918.5K1.1M1.1M
Cash10.1M26.6M12.2M2.1M2.4M3.9M
Cash And Short Term Investments10.6M26.8M12.5M12.1M13.9M14.6M
Other Current Assets115.7K301.4K428.9K635.4K730.7K767.2K
Short Term Investments519.8K204.8K291.4K10M11.5M12.1M
Accumulated Other Comprehensive Income11.3M8.5M12.2M18.1M20.8M21.8M
Net Tangible Assets2.1M13.5M33.8M37.3M42.9M45.1M
Other Assets66.8K63.5K1.2M1.01.151.09
Common Stock23.2M54.3M61.6M80.8M92.9M97.5M
Property Plant Equipment1.2M2.7M7.3M25.5M29.3M30.8M
Net Invested Capital13.5M33.9M37.3M50.8M58.4M61.3M
Long Term Investments66.8K63.5K68.7K101.8K91.7K56.9K
Net Working Capital10.7M26.6M11.0M12.6M14.5M9.9M
Capital Stock23.2M54.3M61.6M80.8M92.9M47.5M

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