Cartier Selling General Administrative vs Ebit 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 Selling General Administrative and its Ebit 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.
Selling General Administrative vs Ebit
Selling General Administrative vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartier Resources Selling General Administrative account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cartier Resources' Selling General Administrative and Ebit is -0.46. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebit 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' Selling General Administrative and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Cartier Resources are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Selling General Administrative i.e., Cartier Resources' Selling General Administrative and Ebit go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
Ebit
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 |
Cartier Resources fundamental ratios Correlations
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Cartier Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Cartier Resources' price analysis, check to measure Cartier 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 Cartier Resources is operating at the current time. Most of Cartier Resources' value examination focuses on studying past and present price action to predict the probability of Cartier Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartier Resources' price. Additionally, you may evaluate how the addition of Cartier Resources to your portfolios can decrease your overall portfolio volatility.