Eros Total Cash From Operating Activities vs Total Current Liabilities Analysis

ERC Stock  CAD 0.05  0.01  9.09%   
Eros Resources financial indicator trend analysis is much more than just examining Eros Resources Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eros Resources Corp is a good investment. Please check the relationship between Eros Resources Total Cash From Operating Activities and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eros Resources 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.

Total Cash From Operating Activities vs Total Current Liabilities

Total Cash From Operating Activities vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eros Resources Corp Total Cash From Operating Activities account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Eros Resources' Total Cash From Operating Activities and Total Current Liabilities is 0.15. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Eros Resources Corp, assuming nothing else is changed. The correlation between historical values of Eros Resources' Total Cash From Operating Activities and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Eros Resources Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Cash From Operating Activities i.e., Eros Resources' Total Cash From Operating Activities and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Cash From Operating Activities

Total Current Liabilities

Total Current Liabilities is an item on Eros Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eros Resources Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Eros Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eros Resources 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 Eros Resources 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.
Selling General Administrative is likely to climb to about 535.8 K in 2025. Tax Provision is likely to climb to about 1 M in 2025
 2024 2025 (projected)
Research Development100.0K88.9K
Interest Income6.8K6.5K

Eros Resources fundamental ratios Correlations

0.280.960.84-0.7-0.270.240.220.680.260.810.170.090.58-0.14-0.380.68-0.160.540.63-0.160.70.35-0.390.340.4
0.280.090.75-0.38-0.33-0.36-0.110.67-0.410.4-0.18-0.180.06-0.2-0.670.25-0.750.40.79-0.750.070.83-0.940.850.87
0.960.090.72-0.57-0.160.260.180.460.280.680.180.090.66-0.04-0.220.72-0.090.460.48-0.090.790.18-0.190.190.2
0.840.750.72-0.66-0.35-0.060.020.8-0.080.750.02-0.050.45-0.15-0.590.64-0.520.560.88-0.520.550.69-0.780.70.76
-0.7-0.38-0.57-0.660.28-0.17-0.39-0.76-0.23-0.98-0.1-0.07-0.010.510.62-0.020.22-0.44-0.40.22-0.05-0.40.5-0.3-0.39
-0.27-0.33-0.16-0.350.28-0.460.14-0.47-0.24-0.3-0.33-0.110.050.080.05-0.080.290.32-0.280.290.01-0.260.32-0.36-0.24
0.24-0.360.26-0.06-0.17-0.460.370.080.950.180.820.28-0.30.330.35-0.150.22-0.31-0.350.22-0.07-0.350.42-0.29-0.36
0.22-0.110.180.02-0.390.140.370.230.60.350.26-0.09-0.15-0.39-0.46-0.26-0.070.5-0.11-0.07-0.020.070.12-0.06-0.21
0.680.670.460.8-0.76-0.470.080.230.10.810.080.030.13-0.37-0.640.28-0.30.550.76-0.30.180.67-0.770.610.76
0.26-0.410.28-0.08-0.23-0.240.950.60.10.240.780.24-0.30.230.22-0.190.26-0.08-0.360.26-0.06-0.330.45-0.33-0.41
0.810.40.680.75-0.98-0.30.180.350.810.240.120.060.14-0.45-0.610.18-0.240.50.51-0.240.190.48-0.510.40.44
0.17-0.180.180.02-0.1-0.330.820.260.080.780.12-0.14-0.390.550.26-0.080.1-0.22-0.210.1-0.09-0.190.21-0.15-0.18
0.09-0.180.09-0.05-0.07-0.110.28-0.090.030.240.06-0.14-0.020.10.29-0.070.1-0.23-0.220.1-0.09-0.20.23-0.16-0.18
0.580.060.660.45-0.010.05-0.3-0.150.13-0.30.14-0.39-0.02-0.14-0.140.88-0.040.430.54-0.040.930.17-0.170.190.18
-0.14-0.2-0.04-0.150.510.080.33-0.39-0.370.23-0.450.550.1-0.140.690.190.19-0.36-0.210.190.06-0.320.33-0.2-0.17
-0.38-0.67-0.22-0.590.620.050.35-0.46-0.640.22-0.610.260.29-0.140.69-0.070.63-0.68-0.60.63-0.11-0.770.72-0.66-0.55
0.680.250.720.64-0.02-0.08-0.15-0.260.28-0.190.18-0.08-0.070.880.19-0.07-0.130.40.69-0.130.940.27-0.330.340.41
-0.16-0.75-0.09-0.520.220.290.22-0.07-0.30.26-0.240.10.1-0.040.190.63-0.13-0.21-0.471.0-0.08-0.760.59-0.81-0.42
0.540.40.460.56-0.440.32-0.310.50.55-0.080.5-0.22-0.230.43-0.36-0.680.4-0.210.63-0.210.450.54-0.470.410.44
0.630.790.480.88-0.4-0.28-0.35-0.110.76-0.360.51-0.21-0.220.54-0.21-0.60.69-0.470.63-0.470.540.8-0.850.80.85
-0.16-0.75-0.09-0.520.220.290.22-0.07-0.30.26-0.240.10.1-0.040.190.63-0.131.0-0.21-0.47-0.08-0.760.59-0.81-0.42
0.70.070.790.55-0.050.01-0.07-0.020.18-0.060.19-0.09-0.090.930.06-0.110.94-0.080.450.54-0.080.15-0.150.190.21
0.350.830.180.69-0.4-0.26-0.350.070.67-0.330.48-0.19-0.20.17-0.32-0.770.27-0.760.540.8-0.760.15-0.790.970.7
-0.39-0.94-0.19-0.780.50.320.420.12-0.770.45-0.510.210.23-0.170.330.72-0.330.59-0.47-0.850.59-0.15-0.79-0.76-0.91
0.340.850.190.7-0.3-0.36-0.29-0.060.61-0.330.4-0.15-0.160.19-0.2-0.660.34-0.810.410.8-0.810.190.97-0.760.7
0.40.870.20.76-0.39-0.24-0.36-0.210.76-0.410.44-0.18-0.180.18-0.17-0.550.41-0.420.440.85-0.420.210.7-0.910.7
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Eros Resources Account Relationship Matchups

Eros Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets23.1M23.7M16.5M12.0M13.8M14.3M
Total Current Liabilities863.1K573.9K3.7M5.4M6.3M6.6M
Total Stockholder Equity18.8M19.9M10.7M5.6M6.5M10.5M
Net Tangible Assets2.3M5.2M18.8M19.9M22.9M24.0M
Retained Earnings(57.0M)(56.0M)(65.1M)(70.2M)(63.2M)(66.4M)
Accounts Payable239.8K220.0K259.5K176.4K158.7K182.4K
Cash1.7M434.3K61.1K127.9K115.1K109.4K
Net Receivables111.7K315.5K198.3K69.6K80.1K155.7K
Total Liab4.3M3.8M5.8M6.4M7.3M3.9M
Total Current Assets2.9M536.0K225.3K197.1K177.4K168.5K
Long Term Investments17.9M20.7M9.6M6.6M7.6M9.5M
Property Plant Equipment468.4K1.5M2.2M2.5M2.2M1.9M
Other Liab3.2M2.8M3.4M3.2M2.9M2.7M
Non Current Assets Total20.2M23.2M16.3M11.8M13.6M13.8M
Non Current Liabilities Total3.4M3.2M2.0M951.0K1.1M1.0M
Net Invested Capital18.8M19.9M12.0M6.6M7.6M11.4M
Net Working Capital2.0M(38.0K)(3.5M)(5.2M)(4.7M)(4.5M)
Property Plant And Equipment Net2.2M2.5M6.3M4.8M5.5M3.8M
Capital Lease Obligations14.5K1.2K28.8K15.7K14.1K13.8K
Property Plant And Equipment Gross2.7M3.0M6.7M4.9M5.6M4.2M

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Additional Tools for Eros Stock Analysis

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