Highland Research Development vs Non Recurring Analysis

HI Stock

CAD 0.07 0.01 6.25%

Highland Copper financial indicator trend analysis is much more than just examining Highland Copper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highland Copper is a good investment. Please check the relationship between Highland Copper Research Development and its Non Recurring accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highland 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.

Research Development vs Non Recurring

Research Development vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highland Copper Research Development account and Non Recurring. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Highland Copper's Research Development and Non Recurring is 0.16. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Highland Copper, assuming nothing else is changed. The correlation between historical values of Highland Copper's Research Development and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Highland Copper are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Research Development i.e., Highland Copper's Research Development and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Research Development

Non Recurring

Most indicators from Highland Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highland 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 Highland 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.

At this time, Highland Copper's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 1.2 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 87.12 in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	17.0K	1.3K	1.2K	1.1K
Interest Income	241.3K	904.6K	1.0M	1.1M

Reconciled Depreciation Interest Income

Highland Copper fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Other Assets	Short Term Investments	Non Currrent Assets Other	Short Long Term Debt Total	Other Current Liab	Other Liab	Net Tangible Assets	Non Current Liabilities Total	Short Long Term Debt	Short Term Debt	Common Stock
Total Assets		-0.06	0.92	-0.22	-0.19	0.43	0.68	0.18	0.34	0.65	0.36	0.17	0.68	0.56	0.78	0.02	-0.62	-0.04	0.43	0.45	0.13	0.01	0.39	0.44	0.45	0.53
Total Current Liabilities	-0.06		-0.44	0.92	-0.48	0.19	-0.52	-0.5	-0.39	0.01	0.04	0.95	-0.52	0.45	0.29	-0.12	0.22	0.17	0.27	0.16	-0.72	-0.78	-0.44	0.17	0.17	-0.02
Total Stockholder Equity	0.92	-0.44		-0.56	0.04	0.32	0.81	0.35	0.44	0.57	0.35	-0.23	0.81	0.32	0.58	0.01	-0.65	-0.15	0.3	0.36	0.43	0.32	0.46	0.36	0.36	0.47
Net Debt	-0.22	0.92	-0.56		-0.44	0.12	-0.65	-0.7	-0.31	-0.06	-0.14	0.88	-0.65	0.33	0.17	-0.09	0.25	0.34	0.13	-0.04	-0.71	-0.77	-0.36	0.05	0.05	-0.09
Retained Earnings	-0.19	-0.48	0.04	-0.44		-0.12	-0.01	0.08	0.23	-0.72	0.41	-0.57	-0.01	-0.21	-0.23	-0.08	0.04	-0.36	-0.74	-0.04	0.25	0.53	0.01	-0.59	-0.6	-0.74
Accounts Payable	0.43	0.19	0.32	0.12	-0.12		-0.15	-0.24	0.25	0.11	0.42	0.25	-0.15	0.75	0.69	0.21	0.01	-0.14	0.11	0.54	-0.12	-0.09	0.02	-0.06	-0.05	0.06
Cash	0.68	-0.52	0.81	-0.65	-0.01	-0.15		0.65	0.18	0.58	-0.01	-0.35	1.0	-0.19	0.13	0.04	-0.66	-0.19	0.36	-0.03	0.53	0.38	0.42	0.5	0.5	0.55
Cash And Short Term Investments	0.18	-0.5	0.35	-0.7	0.08	-0.24	0.65		0.17	0.12	0.02	-0.43	0.64	-0.24	-0.13	0.24	-0.02	-0.22	0.08	-0.15	0.32	0.61	0.45	0.08	0.07	0.28
Net Receivables	0.34	-0.39	0.44	-0.31	0.23	0.25	0.18	0.17		0.01	0.5	-0.28	0.19	0.3	0.35	-0.13	-0.06	0.28	-0.22	-0.12	0.26	0.47	0.43	-0.2	-0.2	0.02
Common Stock Shares Outstanding	0.65	0.01	0.57	-0.06	-0.72	0.11	0.58	0.12	0.01		-0.23	0.18	0.59	0.13	0.37	-0.14	-0.55	0.18	0.85	0.15	0.24	-0.17	0.17	0.85	0.85	0.93
Other Stockholder Equity	0.36	0.04	0.35	-0.14	0.41	0.42	-0.01	0.02	0.5	-0.23		0.02	-0.01	0.56	0.51	-0.31	0.03	-0.21	-0.21	0.47	0.0	0.11	-0.09	-0.18	-0.18	-0.31
Total Liab	0.17	0.95	-0.23	0.88	-0.57	0.25	-0.35	-0.43	-0.28	0.18	0.02		-0.34	0.58	0.46	0.02	0.07	0.28	0.31	0.21	-0.77	-0.78	-0.17	0.2	0.21	0.13
Total Current Assets	0.68	-0.52	0.81	-0.65	-0.01	-0.15	1.0	0.64	0.19	0.59	-0.01	-0.34		-0.18	0.14	0.04	-0.67	-0.19	0.37	-0.02	0.53	0.37	0.42	0.5	0.5	0.55
Property Plant And Equipment Net	0.56	0.45	0.32	0.33	-0.21	0.75	-0.19	-0.24	0.3	0.13	0.56	0.58	-0.18		0.88	0.1	0.02	0.12	0.09	0.64	-0.47	-0.27	0.17	-0.07	-0.06	0.07
Non Current Assets Total	0.78	0.29	0.58	0.17	-0.23	0.69	0.13	-0.13	0.35	0.37	0.51	0.46	0.14	0.88		0.03	-0.12	0.07	0.35	0.64	-0.24	-0.13	0.3	0.16	0.17	0.36
Other Assets	0.02	-0.12	0.01	-0.09	-0.08	0.21	0.04	0.24	-0.13	-0.14	-0.31	0.02	0.04	0.1	0.03		0.1	-0.14	-0.24	-0.09	-0.23	0.06	0.49	-0.41	-0.4	-0.01
Short Term Investments	-0.62	0.22	-0.65	0.25	0.04	0.01	-0.66	-0.02	-0.06	-0.55	0.03	0.07	-0.67	0.02	-0.12	0.1		0.06	-0.22	-0.03	-0.32	0.12	-0.05	-0.5	-0.5	-0.31
Non Currrent Assets Other	-0.04	0.17	-0.15	0.34	-0.36	-0.14	-0.19	-0.22	0.28	0.18	-0.21	0.28	-0.19	0.12	0.07	-0.14	0.06		-0.03	-0.12	-0.44	-0.31	0.31	-0.11	-0.1	0.17
Short Long Term Debt Total	0.43	0.27	0.3	0.13	-0.74	0.11	0.36	0.08	-0.22	0.85	-0.21	0.31	0.37	0.09	0.35	-0.24	-0.22	-0.03		0.17	0.18	-0.2	-0.11	0.9	0.9	0.89
Other Current Liab	0.45	0.16	0.36	-0.04	-0.04	0.54	-0.03	-0.15	-0.12	0.15	0.47	0.21	-0.02	0.64	0.64	-0.09	-0.03	-0.12	0.17		-0.24	-0.23	0.02	0.0	0.01	0.07
Other Liab	0.13	-0.72	0.43	-0.71	0.25	-0.12	0.53	0.32	0.26	0.24	0.0	-0.77	0.53	-0.47	-0.24	-0.23	-0.32	-0.44	0.18	-0.24		0.64	-0.1	0.36	0.35	0.22
Net Tangible Assets	0.01	-0.78	0.32	-0.77	0.53	-0.09	0.38	0.61	0.47	-0.17	0.11	-0.78	0.37	-0.27	-0.13	0.06	0.12	-0.31	-0.2	-0.23	0.64		0.41	-0.17	-0.18	-0.01
Non Current Liabilities Total	0.39	-0.44	0.46	-0.36	0.01	0.02	0.42	0.45	0.43	0.17	-0.09	-0.17	0.42	0.17	0.3	0.49	-0.05	0.31	-0.11	0.02	-0.1	0.41		-0.26	-0.25	0.3
Short Long Term Debt	0.44	0.17	0.36	0.05	-0.59	-0.06	0.5	0.08	-0.2	0.85	-0.18	0.2	0.5	-0.07	0.16	-0.41	-0.5	-0.11	0.9	0.0	0.36	-0.17	-0.26		1.0	0.76
Short Term Debt	0.45	0.17	0.36	0.05	-0.6	-0.05	0.5	0.07	-0.2	0.85	-0.18	0.21	0.5	-0.06	0.17	-0.4	-0.5	-0.1	0.9	0.01	0.35	-0.18	-0.25	1.0		0.77
Common Stock	0.53	-0.02	0.47	-0.09	-0.74	0.06	0.55	0.28	0.02	0.93	-0.31	0.13	0.55	0.07	0.36	-0.01	-0.31	0.17	0.89	0.07	0.22	-0.01	0.3	0.76	0.77

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Highland Copper Account Relationship Matchups

Highland Copper fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	41.8M	37.6M	31.9M	58.6M	67.4M	70.8M
Total Current Liabilities	26.2M	1.3M	2.0M	1.4M	1.6M	1.5M
Total Stockholder Equity	15.3M	34.3M	28.0M	52.7M	60.6M	63.6M
Net Debt	21.6M	21.0M	(12.9M)	(7.0M)	(8.1M)	(7.7M)
Retained Earnings	(64.0M)	(66.0M)	(72.8M)	(48.6M)	(43.8M)	(46.0M)
Accounts Payable	2.2M	1.3M	2.0M	1.4M	1.6M	1.3M
Cash	3.0M	12.9M	7.0M	20.3M	23.3M	24.5M
Cash And Short Term Investments	(9.4K)	3.0M	12.9M	7.0M	8.1M	4.5M
Net Receivables	7.3K	6.8K	51.0K	66.9K	76.9K	53.3K
Liabilities And Stockholders Equity	20.9M	41.8M	37.6M	31.9M	36.7M	25.2M
Other Stockholder Equity	11.9M	12.0M	15.2M	16.1M	18.5M	15.3M
Total Liab	26.5M	3.4M	3.9M	5.9M	6.8M	8.1M
Total Current Assets	3.0M	13.1M	7.2M	20.7M	23.8M	25.0M
Accumulated Other Comprehensive Income	1.7M	1.2M	1.1M	803.0K	923.5K	1.4M
Property Plant And Equipment Net	38.8M	22.9M	24.1M	19.5M	22.4M	23.0M
Non Current Assets Total	38.8M	24.6M	24.7M	37.9M	43.6M	24.5M
Other Liab	257.0K	266.2K	274.3K	2.1M	1.9M	2.0M
Net Tangible Assets	2.2M	(1.9M)	15.3M	34.3M	30.8M	15.8M
Non Current Liabilities Total	274.3K	2.1M	1.9M	4.5M	4.1M	2.1M
Property Plant Equipment	20.5M	20.7M	38.8M	22.9M	26.3M	28.6M
Other Current Assets	29.3K	32.0K	70.9K	71.7K	82.4K	58.1K
Net Invested Capital	39.3M	34.3M	28.0M	55.1M	63.4M	37.3M
Net Working Capital	(23.2M)	11.8M	5.2M	19.3M	22.2M	23.3M
Property Plant And Equipment Gross	39.0M	23.1M	24.4M	19.5M	17.6M	20.3M

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