Finlay Retained Earnings vs Other Liab Analysis
FYL Stock | CAD 0.02 0.01 33.33% |
Finlay Minerals financial indicator trend analysis is much more than just examining Finlay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finlay Minerals is a good investment. Please check the relationship between Finlay Minerals Retained Earnings and its Other Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finlay Minerals. 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 Liab
Retained Earnings vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finlay Minerals Retained Earnings account and Other Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Finlay Minerals' Retained Earnings and Other Liab is -0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Liab in the same time period over historical financial statements of Finlay Minerals, assuming nothing else is changed. The correlation between historical values of Finlay Minerals' Retained Earnings and Other Liab 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 Finlay Minerals are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Retained Earnings i.e., Finlay Minerals' Retained Earnings and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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 Liab
Most indicators from Finlay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finlay Minerals 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 Finlay Minerals. 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, Finlay Minerals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 48.08 in 2024, despite the fact that Tax Provision is likely to grow to (13.7 K).
Finlay Minerals fundamental ratios Correlations
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Finlay Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Finlay Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3M | 9.2M | 12.0M | 11.6M | 11.9M | 7.8M | |
Other Current Liab | 194.1K | 4.5K | 143.1K | 26.7K | 4.1K | 3.9K | |
Total Current Liabilities | 224.6K | 15.7K | 190.4K | 59.9K | 38.1K | 63.1K | |
Total Stockholder Equity | 7.6M | 7.6M | 10.1M | 9.9M | 10.2M | 6.4M | |
Net Debt | (1.1M) | (226.1K) | (1.9M) | (216.6K) | (304.2K) | (319.4K) | |
Retained Earnings | (3.2M) | (3.3M) | (4.2M) | (4.6M) | (5.0M) | (4.8M) | |
Cash | 1.1M | 226.1K | 1.9M | 216.6K | 304.2K | 380.7K | |
Non Current Assets Total | 8.2M | 8.9M | 10.0M | 11.3M | 11.2M | 7.2M | |
Cash And Short Term Investments | 1.1M | 292.6K | 1.9M | 280.4K | 641.0K | 398.9K | |
Net Receivables | 2.0K | 18.1K | 35.3K | 35.7K | 2.5K | 2.4K | |
Common Stock Shares Outstanding | 77.3M | 93.3M | 107.7M | 126.5M | 133.8M | 140.5M | |
Liabilities And Stockholders Equity | 9.3M | 9.2M | 12.0M | 11.6M | 11.9M | 7.8M | |
Total Liab | 1.7M | 1.7M | 1.9M | 1.8M | 1.7M | 1.4M | |
Total Current Assets | 1.1M | 325.4K | 2.0M | 345.5K | 695.0K | 424.9K | |
Property Plant And Equipment Net | 8.1M | 8.8M | 9.9M | 11.2M | 11.1M | 7.4M | |
Accounts Payable | 30.5K | 11.2K | 47.2K | 33.1K | 34.1K | 27.8K | |
Non Current Liabilities Total | 1.5M | 1.6M | 1.7M | 1.7M | 1.7M | 1.6M | |
Other Liab | 1.6M | 1.5M | 1.6M | 1.7M | 2.0M | 1.7M | |
Net Tangible Assets | 6.9M | 7.6M | 7.6M | 10.1M | 11.6M | 7.9M | |
Property Plant Equipment | 8.1M | 8.1M | 8.8M | 9.9M | 11.4M | 9.1M | |
Short Term Investments | 38.5K | 66.6K | 1.3M | 63.8K | 336.8K | 229.1K | |
Other Current Assets | 10.9K | 14.6K | 88.2K | 29.4K | 51.5K | 27.1K | |
Net Invested Capital | 7.6M | 7.6M | 10.1M | 9.9M | 10.2M | 9.3M | |
Net Working Capital | 885.9K | 309.7K | 1.8M | 285.7K | 656.9K | 707.2K |
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When running Finlay Minerals' price analysis, check to measure Finlay Minerals' 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 Finlay Minerals is operating at the current time. Most of Finlay Minerals' value examination focuses on studying past and present price action to predict the probability of Finlay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finlay Minerals' price. Additionally, you may evaluate how the addition of Finlay Minerals to your portfolios can decrease your overall portfolio volatility.