FPX Cash And Short Term Investments vs Cash Analysis

FPX Stock  CAD 0.25  0.01  4.17%   
FPX Nickel financial indicator trend analysis is much more than just examining FPX Nickel Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FPX Nickel Corp is a good investment. Please check the relationship between FPX Nickel Cash And Short Term Investments and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FPX Nickel 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.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FPX Nickel Corp Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between FPX Nickel's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of FPX Nickel Corp, assuming nothing else is changed. The correlation between historical values of FPX Nickel's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of FPX Nickel Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., FPX Nickel's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of FPX Nickel Corp balance sheet. This account contains FPX Nickel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by FPX Nickel 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.

Cash

Cash refers to the most liquid asset of FPX Nickel Corp, which is listed under current asset account on FPX Nickel Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FPX Nickel customers. The amounts must be unrestricted with restricted cash listed in a different FPX Nickel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from FPX Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FPX Nickel 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 FPX Nickel 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, FPX Nickel's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 71.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 10.2 M in 2024.

FPX Nickel fundamental ratios Correlations

0.930.990.97-0.89-0.730.210.980.970.980.680.910.720.37-0.20.980.810.950.990.870.740.58-0.9-0.54-0.71-0.86
0.930.890.94-0.76-0.690.120.880.940.880.550.820.580.24-0.020.880.810.830.90.840.870.56-0.8-0.45-0.6-0.76
0.990.890.92-0.95-0.660.271.00.921.00.70.860.740.38-0.361.00.720.970.970.80.670.53-0.92-0.44-0.74-0.88
0.970.940.92-0.77-0.820.150.911.00.910.630.940.680.30.010.910.90.880.970.940.770.62-0.84-0.66-0.66-0.81
-0.89-0.76-0.95-0.770.46-0.3-0.96-0.77-0.96-0.66-0.71-0.69-0.390.61-0.97-0.5-0.93-0.86-0.6-0.55-0.410.880.20.730.84
-0.73-0.69-0.66-0.820.46-0.15-0.61-0.82-0.61-0.54-0.94-0.53-0.13-0.24-0.62-0.8-0.69-0.82-0.91-0.51-0.670.670.750.590.67
0.210.120.270.15-0.3-0.150.220.140.220.820.20.530.21-0.370.260.180.430.240.26-0.380.37-0.52-0.16-0.55-0.59
0.980.881.00.91-0.96-0.610.220.911.00.650.830.70.41-0.381.00.680.960.950.760.70.5-0.89-0.39-0.71-0.85
0.970.940.921.0-0.77-0.820.140.910.910.630.940.680.310.020.910.90.880.970.940.770.62-0.84-0.66-0.66-0.81
0.980.881.00.91-0.96-0.610.221.00.910.650.830.70.41-0.381.00.680.960.950.760.70.5-0.89-0.39-0.71-0.85
0.680.550.70.63-0.66-0.540.820.650.630.650.640.850.29-0.340.690.550.790.70.640.090.5-0.81-0.42-0.71-0.84
0.910.820.860.94-0.71-0.940.20.830.940.830.640.630.290.020.840.850.880.960.950.610.68-0.83-0.72-0.69-0.82
0.720.580.740.68-0.69-0.530.530.70.680.70.850.630.26-0.330.720.50.730.720.570.260.44-0.7-0.32-0.57-0.7
0.370.240.380.3-0.39-0.130.210.410.310.410.290.290.26-0.140.410.170.350.320.30.180.22-0.31-0.15-0.28-0.3
-0.2-0.02-0.360.010.61-0.24-0.37-0.380.02-0.38-0.340.02-0.33-0.14-0.390.31-0.4-0.180.20.160.140.38-0.450.370.37
0.980.881.00.91-0.97-0.620.261.00.911.00.690.840.720.41-0.390.690.970.950.770.670.51-0.91-0.4-0.72-0.87
0.810.810.720.9-0.5-0.80.180.680.90.680.550.850.50.170.310.690.70.810.940.630.71-0.73-0.85-0.62-0.72
0.950.830.970.88-0.93-0.690.430.960.880.960.790.880.730.35-0.40.970.70.960.820.530.59-0.97-0.47-0.83-0.95
0.990.90.970.97-0.86-0.820.240.950.970.950.70.960.720.32-0.180.950.810.960.90.690.62-0.91-0.58-0.74-0.88
0.870.840.80.94-0.6-0.910.260.760.940.760.640.950.570.30.20.770.940.820.90.620.72-0.81-0.81-0.68-0.8
0.740.870.670.77-0.55-0.51-0.380.70.770.70.090.610.260.180.160.670.630.530.690.620.31-0.46-0.29-0.26-0.39
0.580.560.530.62-0.41-0.670.370.50.620.50.50.680.440.220.140.510.710.590.620.720.31-0.62-0.55-0.65-0.63
-0.9-0.8-0.92-0.840.880.67-0.52-0.89-0.84-0.89-0.81-0.83-0.7-0.310.38-0.91-0.73-0.97-0.91-0.81-0.46-0.620.50.921.0
-0.54-0.45-0.44-0.660.20.75-0.16-0.39-0.66-0.39-0.42-0.72-0.32-0.15-0.45-0.4-0.85-0.47-0.58-0.81-0.29-0.550.50.450.52
-0.71-0.6-0.74-0.660.730.59-0.55-0.71-0.66-0.71-0.71-0.69-0.57-0.280.37-0.72-0.62-0.83-0.74-0.68-0.26-0.650.920.450.93
-0.86-0.76-0.88-0.810.840.67-0.59-0.85-0.81-0.85-0.84-0.82-0.7-0.30.37-0.87-0.72-0.95-0.88-0.8-0.39-0.631.00.520.93
Click cells to compare fundamentals

FPX Nickel Account Relationship Matchups

FPX Nickel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.5M16.3M30.5M42.3M59.9M62.9M
Total Current Liabilities236.1K215.0K536.8K654.5K1.1M1.2M
Total Stockholder Equity3.3M12.7M29.8M39.9M56.1M58.9M
Property Plant And Equipment Net9.6M10.3M14.5M21.6M29.9M31.4M
Net Debt6.3M(2.4M)(14.3M)(17.9M)(28.7M)(27.2M)
Retained Earnings(36.6M)(38.4M)(42.2M)(45.9M)(50.2M)(47.7M)
Accounts Payable41.9K97.4K433.2K518.9K961.29913.23
Cash1.7M5.8M14.5M18.0M28.9M30.4M
Non Current Assets Total9.7M10.4M14.6M21.8M30.1M31.6M
Cash And Short Term Investments1.7M5.8M14.5M18.0M28.9M30.4M
Net Receivables35.4K57.9K1.3M2.2M726.5K762.9K
Common Stock Shares Outstanding148.5M165.3M205.8M217.7M261.3M274.3M
Liabilities And Stockholders Equity11.5M16.3M30.5M42.3M59.9M62.9M
Other Current Assets40.1K24.4K37.2K279.3K126.4K132.7K
Other Stockholder Equity6.4M6.9M9.5M11.4M13.2M9.8M
Total Liab8.2M3.6M690.9K718.4K2.3M1.9M
Total Current Assets1.8M5.9M15.9M20.5M29.8M31.3M
Accumulated Other Comprehensive Income6.4M6.9M9.5M10.5M924.8K878.6K
Non Currrent Assets Other117.7K133.3K133.6K158.0K188.1K192.0K
Net Tangible Assets2.8M3.3M12.7M29.8M34.2M35.9M
Common Stock33.5M44.2M62.5M75.3M93.9M98.6M
Property Plant Equipment9.2M9.6M10.3M14.5M16.6M17.5M
Other Current Liab164.9K83.7K20K45.5K961.3K1.0M
Other Assets117.5K117.7K133.3K133.6K153.6K78.6K
Short Long Term Debt Total8.0M3.4M237.7K154.1K269.4K256.0K
Long Term Debt6.9M7.9M7.9M3.4M3.0M5.4M
Non Current Liabilities Total8.0M3.4M154.1K63.9K1.2M1.1M
Net Invested Capital11.2M16.0M29.8M39.9M56.1M58.9M
Net Working Capital1.6M5.7M15.3M19.8M28.7M30.1M
Capital Stock33.5M44.2M62.5M75.3M93.9M62.6M

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When running FPX Nickel's price analysis, check to measure FPX Nickel'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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.