Highland Short Long Term Debt vs Common Stock Shares Outstanding 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 Short Long Term Debt and its Common Stock Shares Outstanding 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.

Short Long Term Debt vs Common Stock Shares Outstanding

Short Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highland Copper Short Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Highland Copper's Short Long Term Debt and Common Stock Shares Outstanding is 0.84. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Short Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Highland Copper are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Long Term Debt i.e., Highland Copper's Short Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 Depreciation	7.4K	17.0K	1.3K	1.2K
Interest Income	49.0K	241.3K	904.6K	949.8K

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		0.03	0.89	-0.15	-0.23	0.49	0.54	0.17	0.35	0.57	0.44	0.25	0.55	0.67	0.8	0.07	-0.6	-0.03	0.35	0.5	-0.02	-0.05	0.5	0.34	0.35	0.46
Total Current Liabilities	0.03		-0.43	0.92	-0.48	0.2	-0.52	-0.49	-0.38	0.06	0.03	0.95	-0.52	0.45	0.36	-0.13	0.25	0.17	0.33	0.17	-0.71	-0.77	-0.46	0.21	0.22	0.03
Total Stockholder Equity	0.89	-0.43		-0.56	0.04	0.36	0.73	0.37	0.48	0.48	0.42	-0.22	0.73	0.39	0.56	0.07	-0.66	-0.16	0.19	0.39	0.35	0.31	0.58	0.25	0.25	0.38
Net Debt	-0.15	0.92	-0.56		-0.44	0.13	-0.68	-0.7	-0.3	-0.01	-0.14	0.88	-0.67	0.33	0.24	-0.11	0.27	0.34	0.19	-0.02	-0.71	-0.76	-0.39	0.09	0.1	-0.04
Retained Earnings	-0.23	-0.48	0.04	-0.44		-0.12	-0.02	0.08	0.23	-0.77	0.4	-0.57	-0.03	-0.21	-0.23	-0.08	0.11	-0.36	-0.77	-0.04	0.25	0.55	-0.01	-0.62	-0.63	-0.78
Accounts Payable	0.49	0.2	0.36	0.13	-0.12		-0.2	-0.25	0.24	0.09	0.42	0.26	-0.2	0.75	0.72	0.21	0.04	-0.13	0.09	0.54	-0.13	-0.1	0.01	-0.08	-0.07	0.03
Cash	0.54	-0.52	0.73	-0.68	-0.02	-0.2		0.73	0.17	0.51	0.0	-0.37	1.0	-0.21	-0.02	0.1	-0.69	-0.21	0.27	-0.08	0.47	0.38	0.54	0.42	0.42	0.48
Cash And Short Term Investments	0.17	-0.49	0.37	-0.7	0.08	-0.25	0.73		0.16	0.11	0.02	-0.42	0.72	-0.24	-0.17	0.25	-0.03	-0.22	0.06	-0.16	0.31	0.61	0.42	0.06	0.05	0.27
Net Receivables	0.35	-0.38	0.48	-0.3	0.23	0.24	0.17	0.16		-0.01	0.51	-0.27	0.18	0.3	0.34	-0.12	-0.06	0.28	-0.25	-0.13	0.25	0.46	0.41	-0.23	-0.23	-0.01
Common Stock Shares Outstanding	0.57	0.06	0.48	-0.01	-0.77	0.09	0.51	0.11	-0.01		-0.23	0.21	0.51	0.14	0.3	-0.13	-0.61	0.2	0.84	0.13	0.18	-0.24	0.26	0.84	0.84	0.92
Other Stockholder Equity	0.44	0.03	0.42	-0.14	0.4	0.42	0.0	0.02	0.51	-0.23		0.02	0.0	0.56	0.55	-0.31	0.03	-0.21	-0.21	0.48	0.0	0.12	-0.09	-0.18	-0.18	-0.32
Total Liab	0.25	0.95	-0.22	0.88	-0.57	0.26	-0.37	-0.42	-0.27	0.21	0.02		-0.36	0.58	0.51	0.01	0.09	0.28	0.35	0.22	-0.78	-0.78	-0.17	0.22	0.23	0.16
Total Current Assets	0.55	-0.52	0.73	-0.67	-0.03	-0.2	1.0	0.72	0.18	0.51	0.0	-0.36		-0.2	-0.02	0.09	-0.7	-0.2	0.27	-0.08	0.47	0.37	0.54	0.43	0.42	0.48
Property Plant And Equipment Net	0.67	0.45	0.39	0.33	-0.21	0.75	-0.21	-0.24	0.3	0.14	0.56	0.58	-0.2		0.94	0.09	0.05	0.12	0.1	0.64	-0.47	-0.27	0.16	-0.07	-0.06	0.07
Non Current Assets Total	0.8	0.36	0.56	0.24	-0.23	0.72	-0.02	-0.17	0.34	0.3	0.55	0.51	-0.02	0.94		0.06	-0.11	0.09	0.27	0.65	-0.36	-0.21	0.25	0.08	0.09	0.27
Other Assets	0.07	-0.13	0.07	-0.11	-0.08	0.21	0.1	0.25	-0.12	-0.13	-0.31	0.01	0.09	0.09	0.06		0.11	-0.14	-0.23	-0.08	-0.21	0.08	0.47	-0.4	-0.39	0.01
Short Term Investments	-0.6	0.25	-0.66	0.27	0.11	0.04	-0.69	-0.03	-0.06	-0.61	0.03	0.09	-0.7	0.05	-0.11	0.11		0.08	-0.26	-0.04	-0.36	0.11	-0.36	-0.54	-0.54	-0.35
Non Currrent Assets Other	-0.03	0.17	-0.16	0.34	-0.36	-0.13	-0.21	-0.22	0.28	0.2	-0.21	0.28	-0.2	0.12	0.09	-0.14	0.08		-0.02	-0.11	-0.45	-0.31	0.29	-0.1	-0.1	0.19
Short Long Term Debt Total	0.35	0.33	0.19	0.19	-0.77	0.09	0.27	0.06	-0.25	0.84	-0.21	0.35	0.27	0.1	0.27	-0.23	-0.26	-0.02		0.15	0.11	-0.28	-0.15	0.89	0.9	0.88
Other Current Liab	0.5	0.17	0.39	-0.02	-0.04	0.54	-0.08	-0.16	-0.13	0.13	0.48	0.22	-0.08	0.64	0.65	-0.08	-0.04	-0.11	0.15		-0.28	-0.25	0.01	-0.02	-0.01	0.04
Other Liab	-0.02	-0.71	0.35	-0.71	0.25	-0.13	0.47	0.31	0.25	0.18	0.0	-0.78	0.47	-0.47	-0.36	-0.21	-0.36	-0.45	0.11	-0.28		0.62	-0.08	0.32	0.31	0.14
Net Tangible Assets	-0.05	-0.77	0.31	-0.76	0.55	-0.1	0.38	0.61	0.46	-0.24	0.12	-0.78	0.37	-0.27	-0.21	0.08	0.11	-0.31	-0.28	-0.25	0.62		0.31	-0.23	-0.24	-0.07
Non Current Liabilities Total	0.5	-0.46	0.58	-0.39	-0.01	0.01	0.54	0.42	0.41	0.26	-0.09	-0.17	0.54	0.16	0.25	0.47	-0.36	0.29	-0.15	0.01	-0.08	0.31		-0.19	-0.18	0.29
Short Long Term Debt	0.34	0.21	0.25	0.09	-0.62	-0.08	0.42	0.06	-0.23	0.84	-0.18	0.22	0.43	-0.07	0.08	-0.4	-0.54	-0.1	0.89	-0.02	0.32	-0.23	-0.19		1.0	0.75
Short Term Debt	0.35	0.22	0.25	0.1	-0.63	-0.07	0.42	0.05	-0.23	0.84	-0.18	0.23	0.42	-0.06	0.09	-0.39	-0.54	-0.1	0.9	-0.01	0.31	-0.24	-0.18	1.0		0.76
Common Stock	0.46	0.03	0.38	-0.04	-0.78	0.03	0.48	0.27	-0.01	0.92	-0.32	0.16	0.48	0.07	0.27	0.01	-0.35	0.19	0.88	0.04	0.14	-0.07	0.29	0.75	0.76

Click cells to compare fundamentals

Highland Copper Account Relationship Matchups

Highland Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.9M	41.8M	37.6M	31.9M	58.6M	61.6M
Total Current Liabilities	22.5M	26.2M	1.3M	2.0M	1.4M	1.3M
Total Stockholder Equity	(1.9M)	15.3M	34.3M	28.0M	52.7M	55.3M
Net Debt	21.6M	21.0M	(12.9M)	(7.0M)	(8.1M)	(7.7M)
Retained Earnings	(81.7M)	(64.0M)	(66.0M)	(72.8M)	(48.6M)	(51.1M)
Accounts Payable	916.9K	2.2M	1.3M	2.0M	1.4M	1.3M
Cash	(9.4K)	3.0M	12.9M	7.0M	20.3M	21.3M
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	22.8M	26.5M	3.4M	3.9M	5.9M	8.1M
Total Current Assets	200.9K	3.0M	13.1M	7.2M	20.7M	21.7M
Accumulated Other Comprehensive Income	1.7M	1.2M	1.1M	803.0K	923.5K	1.4M
Property Plant And Equipment Net	20.7M	38.8M	22.9M	24.1M	19.5M	23.0M
Non Current Assets Total	20.7M	38.8M	24.6M	24.7M	37.9M	24.5M
Non Currrent Assets Other	31.9M	20.5M	1.7M	613.6K	2.4M	2.2M
Short Long Term Debt Total	9.0M	17.8M	21.6M	24.0M	27.6M	16.1M
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	266.2K	274.3K	2.1M	1.9M	4.5M	4.8M
Short Long Term Debt	2.6M	17.7M	21.6M	24.0M	27.6M	28.9M
Short Term Debt	2.6M	17.7M	21.6M	24.0M	27.6M	28.9M
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	19.7M	39.3M	34.3M	28.0M	55.1M	37.3M
Net Working Capital	(22.3M)	(23.2M)	11.8M	5.2M	19.3M	20.3M

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC