Highland Retained Earnings vs Other Stockholder Equity Analysis

HI Stock  CAD 0.09  0.01  5.56%   
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 Retained Earnings and its Other Stockholder Equity 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highland Copper Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Highland Copper's Retained Earnings and Other Stockholder Equity is 0.4. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity 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 Retained Earnings and Other Stockholder Equity 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 Highland Copper are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Highland Copper's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

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 Stockholder Equity

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.
Selling General Administrative is likely to climb to about 3.9 M in 2024, whereas Tax Provision is likely to drop slightly above 535.6 K in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation7.4K17.0K1.3K1.2K
Interest Income49.0K241.3K904.6K949.8K

Highland Copper fundamental ratios Correlations

0.030.89-0.15-0.230.490.540.170.350.570.440.250.550.670.80.07-0.6-0.030.350.5-0.02-0.050.50.340.350.46
0.03-0.430.92-0.480.2-0.52-0.49-0.380.060.030.95-0.520.450.36-0.130.250.170.330.17-0.71-0.77-0.460.210.220.03
0.89-0.43-0.560.040.360.730.370.480.480.42-0.220.730.390.560.07-0.66-0.160.190.390.350.310.580.250.250.38
-0.150.92-0.56-0.440.13-0.68-0.7-0.3-0.01-0.140.88-0.670.330.24-0.110.270.340.19-0.02-0.71-0.76-0.390.090.1-0.04
-0.23-0.480.04-0.44-0.12-0.020.080.23-0.770.4-0.57-0.03-0.21-0.23-0.080.11-0.36-0.77-0.040.250.55-0.01-0.62-0.63-0.78
0.490.20.360.13-0.12-0.2-0.250.240.090.420.26-0.20.750.720.210.04-0.130.090.54-0.13-0.10.01-0.08-0.070.03
0.54-0.520.73-0.68-0.02-0.20.730.170.510.0-0.371.0-0.21-0.020.1-0.69-0.210.27-0.080.470.380.540.420.420.48
0.17-0.490.37-0.70.08-0.250.730.160.110.02-0.420.72-0.24-0.170.25-0.03-0.220.06-0.160.310.610.420.060.050.27
0.35-0.380.48-0.30.230.240.170.16-0.010.51-0.270.180.30.34-0.12-0.060.28-0.25-0.130.250.460.41-0.23-0.23-0.01
0.570.060.48-0.01-0.770.090.510.11-0.01-0.230.210.510.140.3-0.13-0.610.20.840.130.18-0.240.260.840.840.92
0.440.030.42-0.140.40.420.00.020.51-0.230.020.00.560.55-0.310.03-0.21-0.210.480.00.12-0.09-0.18-0.18-0.32
0.250.95-0.220.88-0.570.26-0.37-0.42-0.270.210.02-0.360.580.510.010.090.280.350.22-0.78-0.78-0.170.220.230.16
0.55-0.520.73-0.67-0.03-0.21.00.720.180.510.0-0.36-0.2-0.020.09-0.7-0.20.27-0.080.470.370.540.430.420.48
0.670.450.390.33-0.210.75-0.21-0.240.30.140.560.58-0.20.940.090.050.120.10.64-0.47-0.270.16-0.07-0.060.07
0.80.360.560.24-0.230.72-0.02-0.170.340.30.550.51-0.020.940.06-0.110.090.270.65-0.36-0.210.250.080.090.27
0.07-0.130.07-0.11-0.080.210.10.25-0.12-0.13-0.310.010.090.090.060.11-0.14-0.23-0.08-0.210.080.47-0.4-0.390.01
-0.60.25-0.660.270.110.04-0.69-0.03-0.06-0.610.030.09-0.70.05-0.110.110.08-0.26-0.04-0.360.11-0.36-0.54-0.54-0.35
-0.030.17-0.160.34-0.36-0.13-0.21-0.220.280.2-0.210.28-0.20.120.09-0.140.08-0.02-0.11-0.45-0.310.29-0.1-0.10.19
0.350.330.190.19-0.770.090.270.06-0.250.84-0.210.350.270.10.27-0.23-0.26-0.020.150.11-0.28-0.150.890.90.88
0.50.170.39-0.02-0.040.54-0.08-0.16-0.130.130.480.22-0.080.640.65-0.08-0.04-0.110.15-0.28-0.250.01-0.02-0.010.04
-0.02-0.710.35-0.710.25-0.130.470.310.250.180.0-0.780.47-0.47-0.36-0.21-0.36-0.450.11-0.280.62-0.080.320.310.14
-0.05-0.770.31-0.760.55-0.10.380.610.46-0.240.12-0.780.37-0.27-0.210.080.11-0.31-0.28-0.250.620.31-0.23-0.24-0.07
0.5-0.460.58-0.39-0.010.010.540.420.410.26-0.09-0.170.540.160.250.47-0.360.29-0.150.01-0.080.31-0.19-0.180.29
0.340.210.250.09-0.62-0.080.420.06-0.230.84-0.180.220.43-0.070.08-0.4-0.54-0.10.89-0.020.32-0.23-0.191.00.75
0.350.220.250.1-0.63-0.070.420.05-0.230.84-0.180.230.42-0.060.09-0.39-0.54-0.10.9-0.010.31-0.24-0.181.00.76
0.460.030.38-0.04-0.780.030.480.27-0.010.92-0.320.160.480.070.270.01-0.350.190.880.040.14-0.070.290.750.76
Click cells to compare fundamentals

Highland Copper Account Relationship Matchups

Highland Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.9M41.8M37.6M31.9M58.6M61.6M
Total Current Liabilities22.5M26.2M1.3M2.0M1.4M1.3M
Total Stockholder Equity(1.9M)15.3M34.3M28.0M52.7M55.3M
Net Debt21.6M21.0M(12.9M)(7.0M)(8.1M)(7.7M)
Retained Earnings(81.7M)(64.0M)(66.0M)(72.8M)(48.6M)(51.1M)
Accounts Payable916.9K2.2M1.3M2.0M1.4M1.3M
Cash(9.4K)3.0M12.9M7.0M20.3M21.3M
Cash And Short Term Investments(9.4K)3.0M12.9M7.0M8.1M4.5M
Net Receivables7.3K6.8K51.0K66.9K76.9K53.3K
Liabilities And Stockholders Equity20.9M41.8M37.6M31.9M36.7M25.2M
Other Stockholder Equity11.9M12.0M15.2M16.1M18.5M15.3M
Total Liab22.8M26.5M3.4M3.9M5.9M8.1M
Total Current Assets200.9K3.0M13.1M7.2M20.7M21.7M
Accumulated Other Comprehensive Income1.7M1.2M1.1M803.0K923.5K1.4M
Property Plant And Equipment Net20.7M38.8M22.9M24.1M19.5M23.0M
Non Current Assets Total20.7M38.8M24.6M24.7M37.9M24.5M
Non Currrent Assets Other31.9M20.5M1.7M613.6K2.4M2.2M
Short Long Term Debt Total9.0M17.8M21.6M24.0M27.6M16.1M
Other Liab257.0K266.2K274.3K2.1M1.9M2.0M
Net Tangible Assets2.2M(1.9M)15.3M34.3M30.8M15.8M
Non Current Liabilities Total266.2K274.3K2.1M1.9M4.5M4.8M
Short Long Term Debt2.6M17.7M21.6M24.0M27.6M28.9M
Short Term Debt2.6M17.7M21.6M24.0M27.6M28.9M
Property Plant Equipment20.5M20.7M38.8M22.9M26.3M28.6M
Other Current Assets29.3K32.0K70.9K71.7K82.4K58.1K
Net Invested Capital19.7M39.3M34.3M28.0M55.1M37.3M
Net Working Capital(22.3M)(23.2M)11.8M5.2M19.3M20.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Highland Stock Analysis

When running Highland Copper's price analysis, check to measure Highland 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 Highland Copper is operating at the current time. Most of Highland Copper's value examination focuses on studying past and present price action to predict the probability of Highland 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 Highland Copper's price. Additionally, you may evaluate how the addition of Highland Copper to your portfolios can decrease your overall portfolio volatility.