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 DirectionNegative 
Relationship StrengthVery 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 Expense18.2K12.3K7.3K12.1K
Depreciation And Amortization20.3K23.6K22.7K21.6K

Cartier Resources fundamental ratios Correlations

0.270.331.00.95-0.52-0.87-0.580.460.96-0.120.550.080.98-0.370.790.450.880.69-0.640.99-0.110.680.890.94-0.95
0.270.970.250.02-0.82-0.29-0.050.850.020.220.80.50.170.010.590.86-0.11-0.27-0.290.22-0.55-0.010.36-0.02-0.23
0.330.970.30.09-0.8-0.28-0.160.830.090.060.790.390.20.010.640.83-0.03-0.21-0.250.26-0.470.080.390.07-0.26
1.00.250.30.95-0.51-0.86-0.570.450.96-0.10.540.090.98-0.380.760.440.870.7-0.640.99-0.10.680.890.94-0.96
0.950.020.090.95-0.25-0.84-0.660.180.99-0.290.29-0.10.96-0.430.690.170.960.76-0.550.96-0.010.740.830.98-0.92
-0.52-0.82-0.8-0.51-0.250.47-0.06-0.99-0.25-0.43-0.99-0.43-0.43-0.1-0.57-0.99-0.1-0.080.53-0.480.45-0.02-0.54-0.220.45
-0.87-0.29-0.28-0.86-0.840.470.53-0.43-0.820.11-0.5-0.07-0.910.28-0.75-0.42-0.76-0.540.83-0.910.48-0.48-0.81-0.740.84
-0.58-0.05-0.16-0.57-0.66-0.060.530.1-0.670.740.04-0.06-0.620.7-0.530.09-0.63-0.390.2-0.6-0.05-0.66-0.52-0.680.6
0.460.850.830.450.18-0.99-0.430.10.180.430.980.440.360.120.541.00.030.0-0.510.42-0.49-0.050.480.15-0.39
0.960.020.090.960.99-0.25-0.82-0.670.18-0.270.29-0.070.96-0.430.690.170.960.77-0.540.960.040.760.830.99-0.92
-0.120.220.06-0.1-0.29-0.430.110.740.43-0.270.40.37-0.140.39-0.240.45-0.38-0.15-0.14-0.12-0.17-0.37-0.07-0.290.1
0.550.80.790.540.29-0.99-0.50.040.980.290.40.410.460.080.610.970.140.09-0.550.51-0.440.090.610.26-0.49
0.080.50.390.09-0.1-0.43-0.07-0.060.44-0.070.370.410.1-0.490.020.5-0.25-0.13-0.110.1-0.2-0.140.12-0.04-0.1
0.980.170.20.980.96-0.43-0.91-0.620.360.96-0.140.460.1-0.430.710.360.880.73-0.681.0-0.150.650.870.94-0.95
-0.370.010.01-0.38-0.43-0.10.280.70.12-0.430.390.08-0.49-0.43-0.210.09-0.36-0.22-0.01-0.39-0.24-0.49-0.35-0.480.44
0.790.590.640.760.69-0.57-0.75-0.530.540.69-0.240.610.020.71-0.210.520.660.26-0.510.74-0.320.660.840.63-0.76
0.450.860.830.440.17-0.99-0.420.091.00.170.450.970.50.360.090.520.020.0-0.50.41-0.48-0.060.470.15-0.38
0.88-0.11-0.030.870.96-0.1-0.76-0.630.030.96-0.380.14-0.250.88-0.360.660.020.81-0.450.880.120.720.710.93-0.81
0.69-0.27-0.210.70.76-0.08-0.54-0.390.00.77-0.150.09-0.130.73-0.220.260.00.81-0.350.720.250.330.370.77-0.53
-0.64-0.29-0.25-0.64-0.550.530.830.2-0.51-0.54-0.14-0.55-0.11-0.68-0.01-0.51-0.5-0.45-0.35-0.690.66-0.15-0.62-0.470.62
0.990.220.260.990.96-0.48-0.91-0.60.420.96-0.120.510.11.0-0.390.740.410.880.72-0.69-0.150.640.880.93-0.95
-0.11-0.55-0.47-0.1-0.010.450.48-0.05-0.490.04-0.17-0.44-0.2-0.15-0.24-0.32-0.480.120.250.66-0.150.27-0.210.130.1
0.68-0.010.080.680.74-0.02-0.48-0.66-0.050.76-0.370.09-0.140.65-0.490.66-0.060.720.33-0.150.640.270.790.78-0.79
0.890.360.390.890.83-0.54-0.81-0.520.480.83-0.070.610.120.87-0.350.840.470.710.37-0.620.88-0.210.790.81-0.96
0.94-0.020.070.940.98-0.22-0.74-0.680.150.99-0.290.26-0.040.94-0.480.630.150.930.77-0.470.930.130.780.81-0.91
-0.95-0.23-0.26-0.96-0.920.450.840.6-0.39-0.920.1-0.49-0.1-0.950.44-0.76-0.38-0.81-0.530.62-0.950.1-0.79-0.96-0.91
Click cells to compare fundamentals

Cartier Resources Account Relationship Matchups

Cartier Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.5M33.8M33.3M45.1M47.3M49.6M
Total Current Liabilities1.1M3.3M1.1M1.6M344.9K327.7K
Total Stockholder Equity22.4M28.0M28.8M39.5M42.1M44.2M
Property Plant And Equipment Net17.0M19.4M26.8M37.7M42.1M44.2M
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 Payable241.54314.29211.93869.21782.29743.17
Cash7.7M13.3M6.2M7.0M4.7M5.9M
Non Current Assets Total17.0M19.4M26.8M37.7M42.1M44.2M
Non Currrent Assets Other(1.5M)(1.7M)(3.3M)(747.6K)(672.8K)(639.2K)
Cash And Short Term Investments7.7M13.3M6.3M7.0M8.1M6.0M
Net Receivables742.1K970.5K124.3K359.8K258.2K348.5K
Common Stock Shares Outstanding179.4M200.9M217.4M267.5M323.6M339.8M
Liabilities And Stockholders Equity25.5M33.8M33.3M45.1M51.9M54.5M
Other Stockholder Equity2.9M3.2M3.6M4.3M3.8M3.6M
Total Liab3.1M5.8M4.6M5.6M5.1M3.1M
Total Current Assets8.5M14.4M6.5M7.4M5.2M6.6M
Accumulated Other Comprehensive Income21.7K104.6K52.1K(8.3K)(7.5K)(7.1K)
Non Current Liabilities Total2.1M2.5M3.5M4.0M4.8M5.0M
Common Stock37.2M43.3M43.9M55.1M63.4M66.6M
Short Term Investments27.7K28.6K0.040.8K110.2K115.7K
Other Liab2.0M2.3M3.4M4.0M4.6M2.5M
Net Tangible Assets22.4M28.0M28.8M39.5M45.4M22.7M
Property Plant Equipment17.0M19.4M26.8M37.7M43.3M45.5M
Net Invested Capital22.4M28.0M28.8M39.5M42.1M32.6M
Net Working Capital7.4M11.1M5.4M5.9M4.8M6.5M
Capital Stock37.2M43.3M43.9M55.1M59.0M50.2M

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