Faraday Accounts Payable vs Inventory Analysis

FDY Stock  CAD 0.83  0.03  3.49%   
Faraday Copper financial indicator trend analysis is much more than just examining Faraday Copper Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Faraday Copper Corp is a good investment. Please check the relationship between Faraday Copper Accounts Payable and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faraday Copper 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.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Copper Corp Accounts Payable account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Faraday Copper's Accounts Payable and Inventory is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Faraday Copper Corp, assuming nothing else is changed. The correlation between historical values of Faraday Copper's Accounts Payable and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Faraday Copper Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Faraday Copper's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Faraday Copper obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Faraday Copper Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Inventory

Most indicators from Faraday Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Faraday Copper 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 Faraday Copper 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, Faraday Copper's Issuance Of Capital Stock is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value is likely to grow to about 49.1 M, while Selling General Administrative is likely to drop about 1.8 M.

Faraday Copper fundamental ratios Correlations

0.910.210.90.96-0.93-0.750.930.960.930.590.86-0.130.210.930.680.53-0.410.830.890.36-0.480.53-0.550.750.93
0.910.010.90.81-0.93-0.660.930.820.930.580.84-0.160.010.930.610.74-0.210.890.860.35-0.460.58-0.550.760.97
0.210.01-0.240.360.010.17-0.010.36-0.01-0.09-0.12-0.41.0-0.02-0.190.08-0.16-0.1-0.08-0.28-0.08-0.1-0.09-0.060.0
0.90.9-0.240.79-0.92-0.820.930.790.930.630.90.05-0.240.930.760.49-0.330.870.920.49-0.450.57-0.510.770.93
0.960.810.360.79-0.79-0.670.791.00.790.520.74-0.080.360.790.650.52-0.50.680.770.34-0.410.44-0.480.620.81
-0.93-0.930.01-0.92-0.790.76-1.0-0.79-1.0-0.6-0.90.190.01-1.0-0.65-0.480.23-0.93-0.94-0.360.54-0.590.6-0.82-0.99
-0.75-0.660.17-0.82-0.670.76-0.78-0.66-0.78-0.61-0.94-0.170.17-0.78-0.87-0.120.56-0.65-0.9-0.780.12-0.750.16-0.79-0.74
0.930.93-0.010.930.79-1.0-0.780.791.00.60.91-0.2-0.021.00.660.46-0.230.940.950.35-0.510.59-0.580.830.99
0.960.820.360.791.0-0.79-0.660.790.790.520.74-0.080.360.790.640.53-0.50.680.770.33-0.410.44-0.480.620.81
0.930.93-0.010.930.79-1.0-0.781.00.790.60.91-0.2-0.021.00.660.46-0.230.940.950.35-0.510.59-0.580.830.99
0.590.58-0.090.630.52-0.6-0.610.60.520.60.60.03-0.090.610.370.23-0.40.720.560.53-0.350.26-0.380.410.61
0.860.84-0.120.90.74-0.9-0.940.910.740.910.60.01-0.110.910.850.33-0.410.80.980.63-0.230.77-0.30.880.9
-0.13-0.16-0.40.05-0.080.19-0.17-0.2-0.08-0.20.030.01-0.4-0.20.380.0-0.34-0.33-0.080.48-0.080.140.21-0.13-0.19
0.210.011.0-0.240.360.010.17-0.020.36-0.02-0.09-0.11-0.4-0.02-0.180.07-0.16-0.11-0.08-0.28-0.07-0.09-0.07-0.060.0
0.930.93-0.020.930.79-1.0-0.781.00.791.00.610.91-0.2-0.020.650.46-0.230.940.950.36-0.510.59-0.580.820.99
0.680.61-0.190.760.65-0.65-0.870.660.640.660.370.850.38-0.180.650.24-0.450.470.820.75-0.140.69-0.150.70.65
0.530.740.080.490.52-0.48-0.120.460.530.460.230.330.00.070.460.24-0.010.450.340.08-0.350.34-0.420.390.57
-0.41-0.21-0.16-0.33-0.50.230.56-0.23-0.5-0.23-0.4-0.41-0.34-0.16-0.23-0.45-0.01-0.12-0.33-0.56-0.04-0.32-0.03-0.29-0.22
0.830.89-0.10.870.68-0.93-0.650.940.680.940.720.8-0.33-0.110.940.470.45-0.120.850.26-0.490.43-0.60.70.93
0.890.86-0.080.920.77-0.94-0.90.950.770.950.560.98-0.08-0.080.950.820.34-0.330.850.54-0.320.69-0.390.850.94
0.360.35-0.280.490.34-0.36-0.780.350.330.350.530.630.48-0.280.360.750.08-0.560.260.540.060.60.050.470.36
-0.48-0.46-0.08-0.45-0.410.540.12-0.51-0.41-0.51-0.35-0.23-0.08-0.07-0.51-0.14-0.35-0.04-0.49-0.320.060.140.86-0.15-0.5
0.530.58-0.10.570.44-0.59-0.750.590.440.590.260.770.14-0.090.590.690.34-0.320.430.690.60.140.120.810.6
-0.55-0.55-0.09-0.51-0.480.60.16-0.58-0.48-0.58-0.38-0.30.21-0.07-0.58-0.15-0.42-0.03-0.6-0.390.050.860.12-0.36-0.58
0.750.76-0.060.770.62-0.82-0.790.830.620.830.410.88-0.13-0.060.820.70.39-0.290.70.850.47-0.150.81-0.360.82
0.930.970.00.930.81-0.99-0.740.990.810.990.610.9-0.190.00.990.650.57-0.220.930.940.36-0.50.6-0.580.82
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Faraday Copper Account Relationship Matchups

Faraday Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7M5.9M11.2M32.1M36.6M38.4M
Other Current Liab70K89.0K163.9K3.2M2.5M2.6M
Total Current Liabilities609.4K782.1K690.7K3.2M2.5M1.8M
Total Stockholder Equity4.8M4.9M10.5M29.0M34.1M35.8M
Property Plant And Equipment Net5.6M5.8M7.0M21.9M21.2M22.3M
Net Debt311.7K465.9K(4.2M)(9.5M)(14.9M)(14.2M)
Retained Earnings(43.7M)(44.7M)(50.1M)(42.0M)(77.5M)(73.6M)
Cash16.2K36.4K4.2M9.5M14.9M15.6M
Non Current Assets Total5.6M5.8M7.0M22.3M21.3M22.4M
Cash And Short Term Investments16.2K36.4K4.2M9.5M14.9M15.6M
Net Receivables39.5K22.9K33.1K106.4K137.2K144.1K
Common Stock Shares Outstanding72.1M76.6M85.7M114.0M169.6M178.1M
Liabilities And Stockholders Equity5.7M5.9M11.2M32.1M36.6M38.4M
Total Liab872.4K957.7K730.7K3.2M2.5M1.8M
Total Current Assets65.6K90.1K4.3M9.8M15.3M16.0M
Accounts Payable603.8K423.4K366.5K526.8K605.9K636.2K
Non Currrent Assets Other8.4K8.4K8.3K379.3K77.4K61.0K
Other Current Assets9.9K30.8K32.2K160.3K242.3K254.4K
Accumulated Other Comprehensive Income23.9M24.2M27.3M16.8M16.8M18.9M
Common Stock24.6M25.5M33.3M54.2M94.8M99.5M

Other Information on Investing in Faraday Stock

Balance Sheet is a snapshot of the financial position of Faraday Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Faraday Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Faraday Copper 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 Faraday currently owns. An asset can also be divided into two categories, current and non-current.