Getty Total Current Assets vs Total Current Liabilities Analysis

GTC Stock  CAD 0.03  0.01  25.00%   
Getty Copper financial indicator trend analysis is much more than just examining Getty Copper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Copper is a good investment. Please check the relationship between Getty Copper Total Current Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Copper. 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 Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Copper Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Getty Copper's Total Current Assets and Total Current Liabilities is 0.25. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Getty Copper, assuming nothing else is changed. The correlation between historical values of Getty Copper's Total Current Assets and Total Current Liabilities 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 Getty Copper are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Getty Copper's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 Current Liabilities

Total Current Liabilities is an item on Getty Copper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Getty Copper are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Getty Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Copper 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Copper. 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 280.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Getty Copper fundamental ratios Correlations

0.87-0.840.81-0.81-0.920.60.150.90.810.40.950.930.830.370.850.870.98-0.510.98-0.060.550.970.90.91-0.86
0.87-0.870.8-0.85-0.830.75-0.020.630.70.450.920.940.880.250.920.680.87-0.610.79-0.080.190.860.660.67-0.88
-0.84-0.87-0.70.990.94-0.830.09-0.62-0.81-0.62-0.86-0.91-0.83-0.27-0.93-0.63-0.80.65-0.78-0.01-0.36-0.82-0.57-0.610.86
0.810.8-0.7-0.71-0.790.690.180.610.660.320.890.780.670.330.640.840.85-0.670.730.070.310.730.720.66-0.7
-0.81-0.850.99-0.710.92-0.840.05-0.58-0.8-0.63-0.85-0.9-0.81-0.3-0.92-0.63-0.790.66-0.74-0.03-0.33-0.78-0.55-0.570.84
-0.92-0.830.94-0.790.92-0.72-0.07-0.81-0.78-0.47-0.88-0.88-0.86-0.33-0.89-0.77-0.860.63-0.890.02-0.42-0.86-0.74-0.790.89
0.60.75-0.830.69-0.84-0.72-0.330.270.680.390.720.770.57-0.040.680.420.61-0.840.470.20.120.520.280.25-0.61
0.15-0.020.090.180.05-0.07-0.330.270.180.120.190.02-0.040.870.020.210.150.220.14-0.250.320.110.280.270.07
0.90.63-0.620.61-0.58-0.810.270.270.590.150.730.70.760.340.690.830.84-0.250.95-0.150.530.850.930.98-0.78
0.810.7-0.810.66-0.8-0.780.680.180.590.550.860.880.510.450.670.570.79-0.550.720.190.680.760.590.58-0.55
0.40.45-0.620.32-0.63-0.470.390.120.150.550.510.550.330.590.560.20.36-0.240.31-0.160.440.480.140.19-0.35
0.950.92-0.860.89-0.85-0.880.720.190.730.860.510.970.760.450.840.780.95-0.610.86-0.030.490.910.770.75-0.79
0.930.94-0.910.78-0.9-0.880.770.020.70.880.550.970.80.330.890.720.93-0.610.86-0.010.470.920.720.71-0.82
0.830.88-0.830.67-0.81-0.860.57-0.040.760.510.330.760.80.160.930.740.81-0.480.84-0.180.070.840.730.79-0.98
0.370.25-0.270.33-0.3-0.33-0.040.870.340.450.590.450.330.160.320.290.340.030.31-0.280.490.360.330.35-0.15
0.850.92-0.930.64-0.92-0.890.680.020.690.670.560.840.890.930.320.640.81-0.490.82-0.220.240.870.640.69-0.94
0.870.68-0.630.84-0.63-0.770.420.210.830.570.20.780.720.740.290.640.91-0.370.89-0.070.440.830.950.89-0.78
0.980.87-0.80.85-0.79-0.860.610.150.840.790.360.950.930.810.340.810.91-0.510.95-0.030.510.950.910.87-0.83
-0.51-0.610.65-0.670.660.63-0.840.22-0.25-0.55-0.24-0.61-0.61-0.480.03-0.49-0.37-0.51-0.36-0.280.05-0.36-0.23-0.270.46
0.980.79-0.780.73-0.74-0.890.470.140.950.720.310.860.860.840.310.820.890.95-0.36-0.10.550.960.940.95-0.87
-0.06-0.08-0.010.07-0.030.020.2-0.25-0.150.19-0.16-0.03-0.01-0.18-0.28-0.22-0.07-0.03-0.28-0.10.02-0.2-0.14-0.150.22
0.550.19-0.360.31-0.33-0.420.120.320.530.680.440.490.470.070.490.240.440.510.050.550.020.550.530.49-0.17
0.970.86-0.820.73-0.78-0.860.520.110.850.760.480.910.920.840.360.870.830.95-0.360.96-0.20.550.880.88-0.88
0.90.66-0.570.72-0.55-0.740.280.280.930.590.140.770.720.730.330.640.950.91-0.230.94-0.140.530.880.96-0.75
0.910.67-0.610.66-0.57-0.790.250.270.980.580.190.750.710.790.350.690.890.87-0.270.95-0.150.490.880.96-0.79
-0.86-0.880.86-0.70.840.89-0.610.07-0.78-0.55-0.35-0.79-0.82-0.98-0.15-0.94-0.78-0.830.46-0.870.22-0.17-0.88-0.75-0.79
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Getty Copper Account Relationship Matchups

Getty Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9M5.9M6.4M6.6M7.0M6.4M
Total Current Liabilities1.6M1.5M1.5M1.9M2.3M1.3M
Total Stockholder Equity3.2M3.2M3.7M3.4M3.3M3.1M
Net Tangible Assets3.7M3.2M3.2M3.7M3.3M3.1M
Retained Earnings(22.1M)(22.2M)(22.5M)(22.8M)(23.3M)(24.4M)
Accounts Payable496.1K272.4K188.9K273.6K303.6K262.9K
Cash9.5K55.9K113.5K5.7K64.3K48.4K
Long Term Debt1.1M1.2M1.2M1.3M1.4M827.0K
Net Receivables826.021.7K75.3K15.4K17.7K17.2K
Other Stockholder Equity1.6M1.8M1.8M1.9M2.2M1.8M
Total Liab2.7M2.7M2.7M3.2M3.7M2.2M
Short Long Term Debt575.7K694.8K796.1K1.1M1.5M1.5M
Total Current Assets36.3K133.8K139.6K28.9K88.4K69.3K
Property Plant Equipment5.6M5.8M5.8M6.2M7.1M6.1M
Other Current Liab13.8K171.6K177.9K184.2K165.8K148.8K
Non Current Assets Total5.8M5.8M6.2M6.5M6.9M6.6M
Non Current Liabilities Total1.1M1.2M1.2M1.3M1.4M1.1M
Net Debt1.7M1.9M1.9M2.4M2.8M2.1M
Net Invested Capital4.9M5.1M5.7M5.8M6.1M5.9M
Net Working Capital(1.5M)(1.3M)(1.4M)(1.9M)(2.2M)(2.4M)

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Additional Tools for Getty Stock Analysis

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