Fjordland Retained Earnings vs Other Assets Analysis
FEX Stock | CAD 0.01 0.00 0.00% |
Fjordland Exploration financial indicator trend analysis is much more than just examining Fjordland Exploration latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fjordland Exploration is a good investment. Please check the relationship between Fjordland Exploration Retained Earnings and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fjordland Exploration. 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.
Retained Earnings vs Other Assets
Retained Earnings vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fjordland Exploration Retained Earnings account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fjordland Exploration's Retained Earnings and Other Assets is 0.18. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Assets in the same time period over historical financial statements of Fjordland Exploration, assuming nothing else is changed. The correlation between historical values of Fjordland Exploration's Retained Earnings and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Fjordland Exploration are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Retained Earnings i.e., Fjordland Exploration's Retained Earnings and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Other Assets
Most indicators from Fjordland Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fjordland Exploration 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 Fjordland Exploration. 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 418.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Fjordland Exploration fundamental ratios Correlations
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Fjordland Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fjordland Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4M | 2.4M | 4.5M | 5.0M | 4.3M | 2.6M | |
Total Current Liabilities | 42.1K | 66.2K | 282.9K | 279.5K | 91.2K | 133.0K | |
Total Stockholder Equity | 2.3M | 2.3M | 4.2M | 4.7M | 4.2M | 2.4M | |
Net Tangible Assets | 2.3M | 2.3M | 4.2M | 4.7M | 5.4M | 5.7M | |
Retained Earnings | (17.1M) | (17.4M) | (18.2M) | (18.2M) | (18.5M) | (19.4M) | |
Accounts Payable | 1.3K | 4.1K | 179.6K | 213.8K | 36.5K | 70.7K | |
Cash | 686.0K | 310.7K | 1.7M | 894.6K | 435.1K | 638.4K | |
Other Assets | 184.2K | 99.8K | 15.2K | 17.5K | 15.7K | 15.0K | |
Net Receivables | 38.2K | 4.4K | 84.8K | 46.3K | 53.2K | 47.8K | |
Other Stockholder Equity | 757.2K | 792.6K | 1.1M | 639.8K | 735.7K | 656.4K | |
Total Liab | 42.1K | 94.0K | 282.9K | 307.2K | 91.2K | 137.0K | |
Total Current Assets | 724.4K | 315.3K | 1.8M | 948.0K | 463.1K | 688.3K | |
Common Stock | 18.7M | 18.9M | 21.4M | 22.3M | 25.7M | 19.7M | |
Property Plant Equipment | 1.6M | 2.0M | 2.7M | 4.1M | 4.7M | 4.9M | |
Non Current Assets Total | 1.7M | 2.0M | 2.7M | 4.1M | 3.8M | 2.5M | |
Common Stock Shares Outstanding | 47.8M | 50.1M | 75.3M | 82.9M | 95.4M | 68.2M | |
Net Invested Capital | 2.3M | 2.3M | 4.2M | 4.7M | 4.2M | 3.6M | |
Net Working Capital | 682.2K | 249.0K | 1.5M | 668.5K | 371.9K | 601.5K | |
Capital Stock | 18.7M | 18.9M | 21.4M | 22.3M | 25.7M | 22.4M |
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When running Fjordland Exploration's price analysis, check to measure Fjordland Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fjordland Exploration is operating at the current time. Most of Fjordland Exploration's value examination focuses on studying past and present price action to predict the probability of Fjordland Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fjordland Exploration's price. Additionally, you may evaluate how the addition of Fjordland Exploration to your portfolios can decrease your overall portfolio volatility.