Kodal Common Stock Total Equity vs Accounts Payable Analysis

KOD Stock   0.41  0.02  4.65%   
Kodal Minerals financial indicator trend analysis is infinitely more than just investigating Kodal Minerals PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kodal Minerals PLC is a good investment. Please check the relationship between Kodal Minerals Common Stock Total Equity and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kodal Minerals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Total Equity vs Accounts Payable

Common Stock Total Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kodal Minerals PLC Common Stock Total Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kodal Minerals' Common Stock Total Equity and Accounts Payable is 0.42. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Kodal Minerals PLC, assuming nothing else is changed. The correlation between historical values of Kodal Minerals' Common Stock Total Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Kodal Minerals PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Total Equity i.e., Kodal Minerals' Common Stock Total Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Accounts Payable

An accounting item on the balance sheet that represents Kodal Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kodal Minerals PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Kodal Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kodal Minerals PLC 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kodal Minerals PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Kodal Minerals' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

Kodal Minerals fundamental ratios Correlations

1.00.750.860.960.990.890.11-0.12-0.970.89-0.210.991.00.060.990.16-0.140.95-0.120.92-0.21-0.03-0.320.29-0.17
1.00.750.850.960.990.890.1-0.13-0.970.89-0.220.991.00.050.990.16-0.150.95-0.130.92-0.22-0.04-0.320.3-0.17
0.750.750.970.730.680.950.460.49-0.660.390.420.670.790.20.670.420.440.90.490.580.420.59-0.15-0.14-0.13
0.860.850.970.810.80.990.340.31-0.780.550.270.790.880.160.790.270.30.960.310.690.270.46-0.270.02-0.07
0.960.960.730.810.940.830.13-0.13-0.920.87-0.240.940.96-0.010.940.4-0.120.92-0.130.89-0.19-0.07-0.140.31-0.41
0.990.990.680.80.940.850.02-0.2-0.980.92-0.311.00.980.011.00.09-0.240.92-0.20.94-0.3-0.13-0.320.3-0.12
0.890.890.950.990.830.850.320.26-0.830.60.210.840.910.170.840.210.220.970.260.750.190.39-0.310.04-0.03
0.110.10.460.340.130.020.320.74-0.03-0.180.480.030.160.780.030.370.350.30.74-0.020.270.550.08-0.43-0.35
-0.12-0.130.490.31-0.13-0.20.260.740.2-0.510.79-0.21-0.080.45-0.210.360.760.141.0-0.260.70.820.11-0.760.03
-0.97-0.97-0.66-0.78-0.92-0.98-0.83-0.030.2-0.90.3-0.99-0.96-0.02-0.99-0.090.25-0.90.2-0.930.30.140.31-0.290.13
0.890.890.390.550.870.920.6-0.18-0.51-0.9-0.590.920.87-0.10.920.04-0.460.71-0.510.89-0.55-0.44-0.260.52-0.21
-0.21-0.220.420.27-0.24-0.310.210.480.790.3-0.59-0.31-0.160.12-0.310.160.870.060.79-0.340.910.91-0.04-0.480.06
0.990.990.670.790.941.00.840.03-0.21-0.990.92-0.310.980.021.00.09-0.250.91-0.210.94-0.31-0.15-0.310.3-0.15
1.01.00.790.880.960.980.910.16-0.08-0.960.87-0.160.980.080.980.2-0.090.97-0.080.9-0.160.03-0.320.29-0.2
0.060.050.20.16-0.010.010.170.780.45-0.02-0.10.120.020.080.02-0.01-0.010.140.45-0.08-0.070.3-0.03-0.280.0
0.990.990.670.790.941.00.840.03-0.21-0.990.92-0.311.00.980.020.09-0.250.91-0.210.94-0.31-0.15-0.310.3-0.15
0.160.160.420.270.40.090.210.370.36-0.090.040.160.090.2-0.010.090.330.270.360.090.30.230.57-0.21-0.74
-0.14-0.150.440.3-0.12-0.240.220.350.760.25-0.460.87-0.25-0.09-0.01-0.250.330.090.76-0.330.910.85-0.08-0.410.05
0.950.950.90.960.920.920.970.30.14-0.90.710.060.910.970.140.910.270.090.140.820.050.24-0.290.13-0.19
-0.12-0.130.490.31-0.13-0.20.260.741.00.2-0.510.79-0.21-0.080.45-0.210.360.760.14-0.260.70.820.11-0.760.03
0.920.920.580.690.890.940.75-0.02-0.26-0.930.89-0.340.940.9-0.080.940.09-0.330.82-0.26-0.4-0.27-0.270.27-0.2
-0.21-0.220.420.27-0.19-0.30.190.270.70.3-0.550.91-0.31-0.16-0.07-0.310.30.910.050.7-0.40.910.1-0.390.09
-0.03-0.040.590.46-0.07-0.130.390.550.820.14-0.440.91-0.150.030.3-0.150.230.850.240.82-0.270.91-0.07-0.390.14
-0.32-0.32-0.15-0.27-0.14-0.32-0.310.080.110.31-0.26-0.04-0.31-0.32-0.03-0.310.57-0.08-0.290.11-0.270.1-0.07-0.37-0.43
0.290.3-0.140.020.310.30.04-0.43-0.76-0.290.52-0.480.30.29-0.280.3-0.21-0.410.13-0.760.27-0.39-0.39-0.37-0.1
-0.17-0.17-0.13-0.07-0.41-0.12-0.03-0.350.030.13-0.210.06-0.15-0.20.0-0.15-0.740.05-0.190.03-0.20.090.14-0.43-0.1
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Kodal Minerals Account Relationship Matchups

Kodal Minerals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.7M13.3M12.5M57.6M66.2M69.5M
Total Stockholder Equity8.1M12.6M12.1M57.4M66.0M69.3M
Common Stock Shares Outstanding11.5B15.8B16.8B19.0B21.9B22.9B
Liabilities And Stockholders Equity8.7M13.3M12.5M57.6M66.2M69.5M
Other Current Assets1.9M5.8K524.3K3.5M4.0M4.2M
Total Current Assets53.2K4.3M1.1M19.8M22.8M23.9M
Common Stock2.9M4.9M4.9M6.3M7.3M7.6M
Other Current Liab267.1K57.8K183.1K101.9K117.2K135.8K
Total Current Liabilities658.7K624.6K406.3K139.3K160.2K152.2K
Net Debt(33.2K)(2.4M)(1.0M)(16.3M)(14.7M)(14.0M)
Retained Earnings(8.1M)(8.7M)(9.6M)17.3M19.9M20.9M
Accounts Payable357.5K348.5K616.9K37.4K43.0K40.8K
Cash33.2K2.4M1.0M16.3M18.8M19.7M
Non Current Assets Total8.7M9.0M11.4M37.7M43.4M45.6M
Non Currrent Assets Other(9.0K)(11.4K)(14.5K)2.01.81.71
Cash And Short Term Investments33.2K2.4M1.0M16.3M18.8M19.7M
Net Receivables1.9M5.8K11.2K336.4K386.8K203.8K
Other Stockholder Equity15.8M15.9M18.8M32.6M37.5M39.4M
Total Liab658.7K624.6K406.3K139.3K160.2K152.2K
Intangible Assets9.0K11.4K14.5K2.2M2.5M2.6M
Property Plant And Equipment Net8.7M9.0M11.4M664.0763.6725.42
Property Plant And Equipment Gross9.0M11.5M14.7M2.2M2.5M2.4M
Accumulated Other Comprehensive Income597.3K832.1K1.6M1.2M1.3M1.4M
Net Tangible Assets(591.0K)3.7M648.3K361.0K415.2K394.4K
Property Plant Equipment14.5K8.7K3.3K91.8K82.6K86.7K
Inventory(1.8M)1.8M(11.2K)(336.4K)(386.8K)(367.5K)
Net Invested Capital12.6M12.1M14.9M57.4M66.0M69.3M
Net Working Capital3.7M644.9K(243.8K)19.7M22.6M23.8M
Capital Stock4.9M4.9M5.3M6.3M7.3M4.9M

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Other Information on Investing in Kodal Stock

Balance Sheet is a snapshot of the financial position of Kodal Minerals PLC at a specified time, usually calculated after every quarter, six months, or one year. Kodal Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kodal Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kodal currently owns. An asset can also be divided into two categories, current and non-current.