Endeavour Common Stock vs Retained Earnings Analysis

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Endeavour Mining financial indicator trend analysis is much more than just examining Endeavour Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Mining Corp is a good investment. Please check the relationship between Endeavour Mining Common Stock and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Mining Corp. 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.

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Mining Corp Common Stock account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Endeavour Mining's Common Stock and Retained Earnings is -0.66. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Endeavour Mining Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Mining's Common Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Endeavour Mining Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., Endeavour Mining's Common Stock and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Common Stock

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Endeavour Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Mining Corp 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 Endeavour Mining Corp. 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, Endeavour Mining's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Discontinued Operations is likely to grow to about 11 M, though Issuance Of Capital Stock is likely to grow to (21.5 M).

	2021	2022	2023	2024 (projected)
Interest Expense	44.8M	56.5M	68.9M	72.3M
Depreciation And Amortization	648.7M	639.1M	542.3M	569.4M

Interest Expense Depreciation And Amortization

Endeavour Mining fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Investments	Non Current Liabilities Total	Short Term Debt	Good Will	Intangible Assets
Total Assets		1.0	1.0	0.86	0.88	0.95	0.81	0.27	0.99	0.99	0.17	0.94	1.0	0.87	-0.1	0.93	0.98	-0.33	0.9	0.92	0.9	0.33	0.97	0.44	0.68	-0.44
Total Stockholder Equity	1.0		0.99	0.89	0.86	0.94	0.82	0.2	0.97	0.99	0.1	0.94	0.99	0.87	-0.14	0.91	0.97	-0.33	0.89	0.91	0.88	0.33	0.94	0.45	0.66	-0.43
Property Plant And Equipment Net	1.0	0.99		0.87	0.87	0.94	0.82	0.25	0.98	0.99	0.18	0.93	1.0	0.86	-0.1	0.93	0.97	-0.34	0.88	0.91	0.9	0.32	0.97	0.43	0.68	-0.45
Retained Earnings	0.86	0.89	0.87		0.83	0.88	0.73	-0.18	0.8	0.92	0.01	0.78	0.88	0.71	-0.45	0.66	0.79	-0.66	0.68	0.74	0.67	0.49	0.79	0.46	0.47	-0.2
Non Currrent Assets Other	0.88	0.86	0.87	0.83		0.93	0.73	0.13	0.89	0.9	0.48	0.7	0.89	0.57	-0.14	0.86	0.81	-0.48	0.77	0.79	0.84	0.59	0.9	0.31	0.54	-0.38
Other Assets	0.95	0.94	0.94	0.88	0.93		0.72	0.19	0.95	0.96	0.29	0.86	0.95	0.76	-0.2	0.88	0.92	-0.45	0.87	0.86	0.87	0.41	0.95	0.37	0.64	-0.39
Common Stock Shares Outstanding	0.81	0.82	0.82	0.73	0.73	0.72		0.12	0.78	0.8	0.15	0.7	0.82	0.65	-0.07	0.72	0.76	-0.31	0.65	0.69	0.69	0.56	0.79	0.32	0.38	-0.49
Other Stockholder Equity	0.27	0.2	0.25	-0.18	0.13	0.19	0.12		0.37	0.16	0.27	0.36	0.24	0.37	0.5	0.46	0.37	0.44	0.48	0.35	0.32	-0.17	0.36	0.05	0.24	-0.17
Total Liab	0.99	0.97	0.98	0.8	0.89	0.95	0.78	0.37		0.97	0.3	0.91	0.98	0.83	-0.02	0.96	0.97	-0.3	0.91	0.92	0.93	0.31	0.98	0.42	0.7	-0.47
Property Plant And Equipment Gross	0.99	0.99	0.99	0.92	0.9	0.96	0.8	0.16	0.97		0.17	0.91	0.99	0.84	-0.19	0.89	0.95	-0.43	0.86	0.91	0.88	0.36	0.94	0.49	0.66	-0.4
Net Debt	0.17	0.1	0.18	0.01	0.48	0.29	0.15	0.27	0.3	0.17		-0.1	0.2	-0.23	0.4	0.37	0.08	-0.14	0.06	0.1	0.43	0.28	0.37	-0.28	0.25	-0.39
Cash	0.94	0.94	0.93	0.78	0.7	0.86	0.7	0.36	0.91	0.91	-0.1		0.92	0.97	-0.17	0.84	0.98	-0.22	0.93	0.93	0.78	0.13	0.86	0.57	0.63	-0.31
Non Current Assets Total	1.0	0.99	1.0	0.88	0.89	0.95	0.82	0.24	0.98	0.99	0.2	0.92		0.85	-0.11	0.93	0.97	-0.36	0.88	0.91	0.9	0.35	0.97	0.43	0.68	-0.45
Cash And Short Term Investments	0.87	0.87	0.86	0.71	0.57	0.76	0.65	0.37	0.83	0.84	-0.23	0.97	0.85		-0.15	0.75	0.92	-0.17	0.88	0.87	0.69	0.06	0.76	0.6	0.65	-0.28
Net Receivables	-0.1	-0.14	-0.1	-0.45	-0.14	-0.2	-0.07	0.5	-0.02	-0.19	0.4	-0.17	-0.11	-0.15		0.14	-0.08	0.74	-0.05	-0.08	0.16	-0.19	0.0	-0.32	0.14	-0.36
Common Stock Total Equity	0.93	0.91	0.93	0.66	0.86	0.88	0.72	0.46	0.96	0.89	0.37	0.84	0.93	0.75	0.14		0.93	-0.1	0.89	0.89	0.96	0.25	0.94	0.31	0.73	-0.56
Total Current Assets	0.98	0.97	0.97	0.79	0.81	0.92	0.76	0.37	0.97	0.95	0.08	0.98	0.97	0.92	-0.08	0.93		-0.21	0.96	0.95	0.88	0.24	0.93	0.5	0.67	-0.41
Common Stock	-0.33	-0.33	-0.34	-0.66	-0.48	-0.45	-0.31	0.44	-0.3	-0.43	-0.14	-0.22	-0.36	-0.17	0.74	-0.1	-0.21		-0.1	-0.23	-0.15	-0.43	-0.31	-0.3	-0.07	-0.15
Other Current Liab	0.9	0.89	0.88	0.68	0.77	0.87	0.65	0.48	0.91	0.86	0.06	0.93	0.88	0.88	-0.05	0.89	0.96	-0.1		0.93	0.8	0.26	0.85	0.49	0.58	-0.33
Total Current Liabilities	0.92	0.91	0.91	0.74	0.79	0.86	0.69	0.35	0.92	0.91	0.1	0.93	0.91	0.87	-0.08	0.89	0.95	-0.23	0.93		0.87	0.18	0.84	0.7	0.68	-0.39
Accounts Payable	0.9	0.88	0.9	0.67	0.84	0.87	0.69	0.32	0.93	0.88	0.43	0.78	0.9	0.69	0.16	0.96	0.88	-0.15	0.8	0.87		0.21	0.92	0.33	0.77	-0.59
Short Term Investments	0.33	0.33	0.32	0.49	0.59	0.41	0.56	-0.17	0.31	0.36	0.28	0.13	0.35	0.06	-0.19	0.25	0.24	-0.43	0.26	0.18	0.21		0.36	-0.04	-0.13	0.07
Non Current Liabilities Total	0.97	0.94	0.97	0.79	0.9	0.95	0.79	0.36	0.98	0.94	0.37	0.86	0.97	0.76	0.0	0.94	0.93	-0.31	0.85	0.84	0.92	0.36		0.26	0.66	-0.48
Short Term Debt	0.44	0.45	0.43	0.46	0.31	0.37	0.32	0.05	0.42	0.49	-0.28	0.57	0.43	0.6	-0.32	0.31	0.5	-0.3	0.49	0.7	0.33	-0.04	0.26		0.31	0.03
Good Will	0.68	0.66	0.68	0.47	0.54	0.64	0.38	0.24	0.7	0.66	0.25	0.63	0.68	0.65	0.14	0.73	0.67	-0.07	0.58	0.68	0.77	-0.13	0.66	0.31		-0.68
Intangible Assets	-0.44	-0.43	-0.45	-0.2	-0.38	-0.39	-0.49	-0.17	-0.47	-0.4	-0.39	-0.31	-0.45	-0.28	-0.36	-0.56	-0.41	-0.15	-0.33	-0.39	-0.59	0.07	-0.48	0.03	-0.68

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Endeavour Mining Account Relationship Matchups

Endeavour Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	3.9B	6.8B	6.4B	5.9B	6.2B
Total Stockholder Equity	717.9M	2.1B	3.9B	3.7B	3.2B	3.4B
Property Plant And Equipment Net	1.4B	2.6B	5.0B	4.5B	4.2B	4.4B
Retained Earnings	(1.1B)	(1.1B)	3.3B	3.0B	2.6B	2.7B
Non Currrent Assets Other	61.0M	77.0M	185.3M	240.7M	393.3M	413.0M
Other Assets	66.5M	122.0M	250.3M	229.5M	263.9M	277.1M
Common Stock Shares Outstanding	109.8M	137.0M	242.0M	248.7M	246.9M	259.2M
Liabilities And Stockholders Equity	1.9B	3.9B	6.8B	6.4B	5.9B	6.2B
Other Stockholder Equity	1.8B	3.0B	588.5M	618M	645M	476.5M
Total Liab	1.1B	1.6B	2.4B	2.3B	2.3B	2.4B
Property Plant And Equipment Gross	1.4B	2.6B	6.7B	6.8B	5.9B	6.2B
Net Debt	535.9M	80.5M	(13.2M)	(79.3M)	593.4M	623.1M
Cash	189.9M	645.0M	906.2M	951.1M	517.2M	543.1M
Non Current Assets Total	1.5B	2.8B	5.4B	5.0B	4.7B	5.0B
Cash And Short Term Investments	189.9M	645.0M	906.2M	962.3M	517.2M	266.7M
Net Receivables	19.2M	52.8M	8.6M	4.4M	28.9M	19.2M
Common Stock Total Equity	1.7B	1.7B	1.8B	3.0B	3.5B	3.7B
Total Current Assets	396.0M	1.1B	1.4B	1.4B	1.1B	1.2B
Common Stock	1.7B	11.0M	3.0B	2.5M	2.9M	2.7M
Other Current Liab	36.2M	189.6M	135.7M	191.4M	143.5M	150.7M
Total Current Liabilities	268.0M	546.6M	567.1M	1.0B	613.4M	644.1M
Accounts Payable	147.5M	192.9M	247.7M	252.3M	280.9M	294.9M
Short Term Investments	1.8M	1.4M	8.6M	11.2M	69.7M	49.1M
Non Current Liabilities Total	788.3M	1.1B	1.8B	1.3B	1.7B	1.8B
Accumulated Other Comprehensive Income	72.5M	70.4M	584M	592.4M	594.3M	624.0M
Short Term Debt	29.4M	13.7M	14.4M	354.8M	22.8M	21.7M
Short Long Term Debt Total	725.8M	725.5M	893M	871.8M	1.1B	558.4M
Inventory	168.4M	190.0M	311.3M	320.7M	224.9M	165.8M
Other Current Assets	17.1M	205.7M	139.9M	158M	349.2M	366.7M
Other Liab	91.9M	377.1M	939.5M	764.8M	879.5M	923.5M
Net Tangible Assets	717.9M	2.0B	3.8B	3.5B	4.1B	4.3B
Long Term Debt	639.0M	688.3M	841.9M	488.1M	1.1B	549.0M
Property Plant Equipment	1.4B	2.6B	5.0B	4.5B	5.2B	5.5B
Long Term Debt Total	696.4M	711.8M	878.6M	517M	594.6M	567.4M

Pair Trading with Endeavour Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Endeavour Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Endeavour Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Endeavour Stock

0.8

ORE

Orezone Gold Corp

Pair Corr

Moving against Endeavour Stock

0.62

BRK

Berkshire Hathaway CDR

Pair Corr

The ability to find closely correlated positions to Endeavour Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Endeavour Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Endeavour Mining Corp to buy it.

The correlation of Endeavour Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Endeavour Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Endeavour Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Endeavour Stock

Balance Sheet is a snapshot of the financial position of Endeavour Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Endeavour Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Endeavour Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Endeavour currently owns. An asset can also be divided into two categories, current and non-current.

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Endeavour Common Stock vs Retained Earnings Analysis

Common Stock vs Retained Earnings

Common Stock vs Retained Earnings Correlation Analysis

Correlation Coefficient

Common Stock

Retained Earnings

Endeavour Mining fundamental ratios Correlations

Endeavour Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Endeavour Mining fundamental ratios Accounts

Pair Trading with Endeavour Mining

Moving together with Endeavour Stock

Moving against Endeavour Stock

Other Information on Investing in Endeavour Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets

Intangible Assets	- 0.68	Good Will
Common Stock	- 0.66	Retained Earnings
Intangible Assets	- 0.59	Accounts Payable
Intangible Assets	- 0.56	Common Stock Total Equity
Intangible Assets	- 0.49	Common Stock Shares Outstanding
Intangible Assets	- 0.48	Non Current Liabilities Total