Fjordland Total Current Assets vs Total 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 Total Current Assets and its Total 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.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fjordland Exploration Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fjordland Exploration's Total Current Assets and Total Assets is 0.8. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total 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 Total Current Assets and Total 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 Total Current Assets of Fjordland Exploration are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Fjordland Exploration's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Assets
Total assets refers to the total amount of Fjordland Exploration assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fjordland Exploration books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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.