Cartier Cost Of Revenue vs Depreciation And Amortization Analysis

ECR Stock

CAD 0.09 0.01 5.56%

Cartier Resources financial indicator trend analysis is way more than just evaluating Cartier Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cartier Resources is a good investment. Please check the relationship between Cartier Resources Cost Of Revenue and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cartier Resources. 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.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartier Resources Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Cartier Resources' Cost Of Revenue and Depreciation And Amortization is -0.03. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Cartier Resources, assuming nothing else is changed. The correlation between historical values of Cartier Resources' Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Cartier Resources are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Cartier Resources' Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cost Of Revenue

Cost of Revenue is found on Cartier Resources income statement and represents the costs associated with goods and services Cartier Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Cartier Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cartier 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cartier Resources. 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, Cartier Resources' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 27.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 176.2 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	18.2K	12.3K	7.3K	12.1K
Depreciation And Amortization	20.3K	23.6K	22.7K	21.6K

Interest Expense Depreciation And Amortization

Cartier Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Inventory	Other Current Assets	Common Stock	Short Term Investments	Other Liab	Net Tangible Assets	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.27	0.33	1.0	0.95	-0.52	-0.87	-0.58	0.46	0.96	-0.12	0.55	0.08	0.98	-0.37	0.79	0.45	0.88	0.69	-0.64	0.99	-0.11	0.68	0.89	0.94	-0.95
Other Current Liab	0.27		0.97	0.25	0.02	-0.82	-0.29	-0.05	0.85	0.02	0.22	0.8	0.5	0.17	0.01	0.59	0.86	-0.11	-0.27	-0.29	0.22	-0.55	-0.01	0.36	-0.02	-0.23
Total Current Liabilities	0.33	0.97		0.3	0.09	-0.8	-0.28	-0.16	0.83	0.09	0.06	0.79	0.39	0.2	0.01	0.64	0.83	-0.03	-0.21	-0.25	0.26	-0.47	0.08	0.39	0.07	-0.26
Total Stockholder Equity	1.0	0.25	0.3		0.95	-0.51	-0.86	-0.57	0.45	0.96	-0.1	0.54	0.09	0.98	-0.38	0.76	0.44	0.87	0.7	-0.64	0.99	-0.1	0.68	0.89	0.94	-0.96
Property Plant And Equipment Net	0.95	0.02	0.09	0.95		-0.25	-0.84	-0.66	0.18	0.99	-0.29	0.29	-0.1	0.96	-0.43	0.69	0.17	0.96	0.76	-0.55	0.96	-0.01	0.74	0.83	0.98	-0.92
Net Debt	-0.52	-0.82	-0.8	-0.51	-0.25		0.47	-0.06	-0.99	-0.25	-0.43	-0.99	-0.43	-0.43	-0.1	-0.57	-0.99	-0.1	-0.08	0.53	-0.48	0.45	-0.02	-0.54	-0.22	0.45
Retained Earnings	-0.87	-0.29	-0.28	-0.86	-0.84	0.47		0.53	-0.43	-0.82	0.11	-0.5	-0.07	-0.91	0.28	-0.75	-0.42	-0.76	-0.54	0.83	-0.91	0.48	-0.48	-0.81	-0.74	0.84
Accounts Payable	-0.58	-0.05	-0.16	-0.57	-0.66	-0.06	0.53		0.1	-0.67	0.74	0.04	-0.06	-0.62	0.7	-0.53	0.09	-0.63	-0.39	0.2	-0.6	-0.05	-0.66	-0.52	-0.68	0.6
Cash	0.46	0.85	0.83	0.45	0.18	-0.99	-0.43	0.1		0.18	0.43	0.98	0.44	0.36	0.12	0.54	1.0	0.03	0.0	-0.51	0.42	-0.49	-0.05	0.48	0.15	-0.39
Non Current Assets Total	0.96	0.02	0.09	0.96	0.99	-0.25	-0.82	-0.67	0.18		-0.27	0.29	-0.07	0.96	-0.43	0.69	0.17	0.96	0.77	-0.54	0.96	0.04	0.76	0.83	0.99	-0.92
Non Currrent Assets Other	-0.12	0.22	0.06	-0.1	-0.29	-0.43	0.11	0.74	0.43	-0.27		0.4	0.37	-0.14	0.39	-0.24	0.45	-0.38	-0.15	-0.14	-0.12	-0.17	-0.37	-0.07	-0.29	0.1
Cash And Short Term Investments	0.55	0.8	0.79	0.54	0.29	-0.99	-0.5	0.04	0.98	0.29	0.4		0.41	0.46	0.08	0.61	0.97	0.14	0.09	-0.55	0.51	-0.44	0.09	0.61	0.26	-0.49
Net Receivables	0.08	0.5	0.39	0.09	-0.1	-0.43	-0.07	-0.06	0.44	-0.07	0.37	0.41		0.1	-0.49	0.02	0.5	-0.25	-0.13	-0.11	0.1	-0.2	-0.14	0.12	-0.04	-0.1
Common Stock Shares Outstanding	0.98	0.17	0.2	0.98	0.96	-0.43	-0.91	-0.62	0.36	0.96	-0.14	0.46	0.1		-0.43	0.71	0.36	0.88	0.73	-0.68	1.0	-0.15	0.65	0.87	0.94	-0.95
Other Stockholder Equity	-0.37	0.01	0.01	-0.38	-0.43	-0.1	0.28	0.7	0.12	-0.43	0.39	0.08	-0.49	-0.43		-0.21	0.09	-0.36	-0.22	-0.01	-0.39	-0.24	-0.49	-0.35	-0.48	0.44
Total Liab	0.79	0.59	0.64	0.76	0.69	-0.57	-0.75	-0.53	0.54	0.69	-0.24	0.61	0.02	0.71	-0.21		0.52	0.66	0.26	-0.51	0.74	-0.32	0.66	0.84	0.63	-0.76
Total Current Assets	0.45	0.86	0.83	0.44	0.17	-0.99	-0.42	0.09	1.0	0.17	0.45	0.97	0.5	0.36	0.09	0.52		0.02	0.0	-0.5	0.41	-0.48	-0.06	0.47	0.15	-0.38
Non Current Liabilities Total	0.88	-0.11	-0.03	0.87	0.96	-0.1	-0.76	-0.63	0.03	0.96	-0.38	0.14	-0.25	0.88	-0.36	0.66	0.02		0.81	-0.45	0.88	0.12	0.72	0.71	0.93	-0.81
Inventory	0.69	-0.27	-0.21	0.7	0.76	-0.08	-0.54	-0.39	0.0	0.77	-0.15	0.09	-0.13	0.73	-0.22	0.26	0.0	0.81		-0.35	0.72	0.25	0.33	0.37	0.77	-0.53
Other Current Assets	-0.64	-0.29	-0.25	-0.64	-0.55	0.53	0.83	0.2	-0.51	-0.54	-0.14	-0.55	-0.11	-0.68	-0.01	-0.51	-0.5	-0.45	-0.35		-0.69	0.66	-0.15	-0.62	-0.47	0.62
Common Stock	0.99	0.22	0.26	0.99	0.96	-0.48	-0.91	-0.6	0.42	0.96	-0.12	0.51	0.1	1.0	-0.39	0.74	0.41	0.88	0.72	-0.69		-0.15	0.64	0.88	0.93	-0.95
Short Term Investments	-0.11	-0.55	-0.47	-0.1	-0.01	0.45	0.48	-0.05	-0.49	0.04	-0.17	-0.44	-0.2	-0.15	-0.24	-0.32	-0.48	0.12	0.25	0.66	-0.15		0.27	-0.21	0.13	0.1
Other Liab	0.68	-0.01	0.08	0.68	0.74	-0.02	-0.48	-0.66	-0.05	0.76	-0.37	0.09	-0.14	0.65	-0.49	0.66	-0.06	0.72	0.33	-0.15	0.64	0.27		0.79	0.78	-0.79
Net Tangible Assets	0.89	0.36	0.39	0.89	0.83	-0.54	-0.81	-0.52	0.48	0.83	-0.07	0.61	0.12	0.87	-0.35	0.84	0.47	0.71	0.37	-0.62	0.88	-0.21	0.79		0.81	-0.96
Property Plant Equipment	0.94	-0.02	0.07	0.94	0.98	-0.22	-0.74	-0.68	0.15	0.99	-0.29	0.26	-0.04	0.94	-0.48	0.63	0.15	0.93	0.77	-0.47	0.93	0.13	0.78	0.81		-0.91
Short Long Term Debt Total	-0.95	-0.23	-0.26	-0.96	-0.92	0.45	0.84	0.6	-0.39	-0.92	0.1	-0.49	-0.1	-0.95	0.44	-0.76	-0.38	-0.81	-0.53	0.62	-0.95	0.1	-0.79	-0.96	-0.91

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Cartier Resources Account Relationship Matchups

Cartier Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.5M	33.8M	33.3M	45.1M	47.3M	49.6M
Total Current Liabilities	1.1M	3.3M	1.1M	1.6M	344.9K	327.7K
Total Stockholder Equity	22.4M	28.0M	28.8M	39.5M	42.1M	44.2M
Property Plant And Equipment Net	17.0M	19.4M	26.8M	37.7M	42.1M	44.2M
Net Debt	(7.5M)	(13.1M)	(6.1M)	(6.9M)	(6.2M)	(6.5M)
Retained Earnings	(17.8M)	(18.6M)	(18.8M)	(19.9M)	(21.3M)	(20.2M)
Accounts Payable	241.54	314.29	211.93	869.21	782.29	743.17
Cash	7.7M	13.3M	6.2M	7.0M	4.7M	5.9M
Non Current Assets Total	17.0M	19.4M	26.8M	37.7M	42.1M	44.2M
Non Currrent Assets Other	(1.5M)	(1.7M)	(3.3M)	(747.6K)	(672.8K)	(639.2K)
Cash And Short Term Investments	7.7M	13.3M	6.3M	7.0M	8.1M	6.0M
Net Receivables	742.1K	970.5K	124.3K	359.8K	258.2K	348.5K
Common Stock Shares Outstanding	179.4M	200.9M	217.4M	267.5M	323.6M	339.8M
Liabilities And Stockholders Equity	25.5M	33.8M	33.3M	45.1M	51.9M	54.5M
Other Stockholder Equity	2.9M	3.2M	3.6M	4.3M	3.8M	3.6M
Total Liab	3.1M	5.8M	4.6M	5.6M	5.1M	3.1M
Total Current Assets	8.5M	14.4M	6.5M	7.4M	5.2M	6.6M
Accumulated Other Comprehensive Income	21.7K	104.6K	52.1K	(8.3K)	(7.5K)	(7.1K)
Non Current Liabilities Total	2.1M	2.5M	3.5M	4.0M	4.8M	5.0M
Common Stock	37.2M	43.3M	43.9M	55.1M	63.4M	66.6M
Short Term Investments	27.7K	28.6K	0.0	40.8K	110.2K	115.7K
Other Liab	2.0M	2.3M	3.4M	4.0M	4.6M	2.5M
Net Tangible Assets	22.4M	28.0M	28.8M	39.5M	45.4M	22.7M
Property Plant Equipment	17.0M	19.4M	26.8M	37.7M	43.3M	45.5M
Net Invested Capital	22.4M	28.0M	28.8M	39.5M	42.1M	32.6M
Net Working Capital	7.4M	11.1M	5.4M	5.9M	4.8M	6.5M
Capital Stock	37.2M	43.3M	43.9M	55.1M	59.0M	50.2M

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