Faraday Non Current Assets Total vs Cash And Short Term Investments 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 Non Current Assets Total and its Cash And Short Term Investments 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.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Copper Corp Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Faraday Copper's Non Current Assets Total and Cash And Short Term Investments is 0.79. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Faraday Copper Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Faraday Copper's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Faraday Copper Corp balance sheet. This account contains Faraday Copper investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Faraday Copper Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.