Comstock Accounts Payable vs Total Stockholder Equity Analysis

LODE Stock  USD 0.45  0.05  12.50%   
Comstock Mining financial indicator trend analysis is way more than just evaluating Comstock Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comstock Mining is a good investment. Please check the relationship between Comstock Mining Accounts Payable and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Comstock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comstock Mining Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Comstock Mining's Accounts Payable and Total Stockholder Equity is -0.08. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Comstock Mining, assuming nothing else is changed. The correlation between historical values of Comstock Mining's Accounts Payable and Total 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 Accounts Payable of Comstock Mining are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Comstock Mining's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Comstock Mining 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 Comstock Mining 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Comstock Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comstock Mining 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 Comstock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.At present, Comstock Mining's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 16.64, whereas Selling General Administrative is forecasted to decline to about 12 M.

Comstock Mining fundamental ratios Correlations

0.60.770.970.860.420.010.98-0.180.850.140.730.740.62-0.710.410.65-0.140.860.840.140.620.310.020.620.71
0.60.550.490.380.880.270.670.350.240.590.750.160.77-0.540.310.180.240.560.380.30.160.150.48-0.010.14
0.770.550.640.470.330.30.740.220.490.040.890.610.62-0.450.490.25-0.080.540.630.050.770.18-0.060.310.48
0.970.490.640.90.3-0.080.96-0.340.890.010.560.720.58-0.640.40.74-0.190.820.820.110.530.36-0.10.70.71
0.860.380.470.90.170.020.84-0.410.90.050.440.670.38-0.580.420.9-0.190.760.910.170.420.07-0.080.50.82
0.420.880.330.30.170.050.490.360.160.720.620.020.54-0.52-0.17-0.050.480.490.110.50.090.050.65-0.060.09
0.010.270.3-0.080.020.050.040.68-0.210.020.28-0.130.30.070.470.110.02-0.080.110.0-0.2-0.19-0.11-0.37-0.08
0.980.670.740.960.840.490.04-0.170.790.150.710.610.69-0.650.410.61-0.070.810.80.190.550.290.020.540.63
-0.180.350.22-0.34-0.410.360.68-0.17-0.420.370.36-0.180.19-0.070.01-0.370.27-0.07-0.280.12-0.15-0.020.36-0.43-0.28
0.850.240.490.890.90.16-0.210.79-0.420.030.440.830.24-0.650.150.81-0.20.80.780.180.570.16-0.050.70.93
0.140.590.040.010.050.720.020.150.370.030.490.06-0.01-0.64-0.22-0.130.260.480.120.260.04-0.130.95-0.190.04
0.730.750.890.560.440.620.280.710.360.440.490.560.54-0.690.330.160.050.690.610.160.690.090.380.180.43
0.740.160.610.720.670.02-0.130.61-0.180.830.060.560.17-0.710.270.59-0.380.780.73-0.090.710.330.040.730.79
0.620.770.620.580.380.540.30.690.190.24-0.010.540.17-0.240.540.290.10.360.340.140.120.45-0.120.210.07
-0.71-0.54-0.45-0.64-0.58-0.520.07-0.65-0.07-0.65-0.64-0.69-0.71-0.24-0.06-0.380.11-0.96-0.64-0.09-0.48-0.28-0.55-0.52-0.54
0.410.310.490.40.42-0.170.470.410.010.15-0.220.330.270.54-0.060.45-0.450.170.56-0.390.140.21-0.30.080.08
0.650.180.250.740.9-0.050.110.61-0.370.81-0.130.160.590.29-0.380.45-0.30.560.720.070.130.1-0.220.470.76
-0.140.24-0.08-0.19-0.190.480.02-0.070.27-0.20.260.05-0.380.10.11-0.45-0.3-0.15-0.230.92-0.08-0.240.21-0.45-0.12
0.860.560.540.820.760.49-0.080.81-0.070.80.480.690.780.36-0.960.170.56-0.150.760.120.520.310.380.620.67
0.840.380.630.820.910.110.110.8-0.280.780.120.610.730.34-0.640.560.72-0.230.760.060.620.06-0.020.410.73
0.140.30.050.110.170.50.00.190.120.180.260.16-0.090.14-0.09-0.390.070.920.120.060.07-0.270.18-0.240.27
0.620.160.770.530.420.09-0.20.55-0.150.570.040.690.710.12-0.480.140.13-0.080.520.620.070.03-0.010.40.6
0.310.150.180.360.070.05-0.190.29-0.020.16-0.130.090.330.45-0.280.210.1-0.240.310.06-0.270.03-0.040.54-0.12
0.020.48-0.06-0.1-0.080.65-0.110.020.36-0.050.950.380.04-0.12-0.55-0.3-0.220.210.38-0.020.18-0.01-0.04-0.22-0.04
0.62-0.010.310.70.5-0.06-0.370.54-0.430.7-0.190.180.730.21-0.520.080.47-0.450.620.41-0.240.40.54-0.220.5
0.710.140.480.710.820.09-0.080.63-0.280.930.040.430.790.07-0.540.080.76-0.120.670.730.270.6-0.12-0.040.5
Click cells to compare fundamentals

Comstock Mining Account Relationship Matchups

Comstock Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.6M43.1M127.0M100.1M106.5M111.8M
Short Long Term Debt Total5.4M3.6M17.5M8.7M10.9M10.6M
Total Current Liabilities4.4M4.8M23.9M31.6M14.8M12.6M
Total Stockholder Equity23.2M31.8M89.6M53.6M78.3M82.2M
Property Plant And Equipment Net5.7M5.8M21.7M15.5M31.7M33.3M
Net Debt4.4M1.1M11.6M6.2M7.1M6.9M
Accounts Payable922.6K282.1K633.2K714.1K1.3M1.1M
Non Current Assets Total26.2M22.3M113.1M69.3M83.3M87.4M
Non Currrent Assets Other11.1M13.2M3.0M17.4M4.5M4.3M
Common Stock Shares Outstanding19.5M30.6M50.4M74.5M105.2M110.4M
Liabilities And Stockholders Equity39.6M43.1M127.0M100.1M106.5M111.8M
Non Current Liabilities Total11.6M6.5M10.1M12.1M13.3M8.9M
Total Liab16.1M11.3M34.0M43.7M28.2M21.4M
Total Current Assets13.3M20.8M13.8M30.8M23.2M24.3M
Short Term Debt328.1K3.6M13.0M2.2M5.3M4.8M
Retained Earnings(235.9M)(221.0M)(245.5M)(291.5M)(282.3M)(268.2M)
Cash1.0M2.4M5.9M2.5M3.8M3.5M
Cash And Short Term Investments1.0M6.4M6.8M2.5M22.7M23.8M
Common Stock Total Equity50.2K18.1K22.9K47.1K42.4K40.2K
Other Stockholder Equity259.1M252.7M335.1M345.0M360.5M378.6M
Property Plant And Equipment Gross5.7M5.8M14.6M15.5M16.2M17.0M
Common Stock18.1K22.9K47.1K60.7K78.4K74.5K
Other Current Liab1.3M982.3K10.2M28.7M8.1M4.3M
Other Assets3.1M22.3M15.0M3.9M4.5M4.4M
Long Term Debt8.9M5.1M4.5M6.1M5.4M4.4M
Other Current Assets199.9K14.4M6.6M23.3M484.6K460.3K
Property Plant Equipment5.7M5.8M14.6M29.0M33.3M35.0M
Other Liab6.5M6.5M5.5M5.5M6.3M5.6M
Net Tangible Assets23.2M31.8M89.6M35.9M41.3M28.6M
Retained Earnings Total Equity(232.1M)(235.9M)(221.0M)(245.5M)(221.0M)(232.0M)
Long Term Debt Total10.0M8.9M5.1M4.5M5.2M6.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Comstock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
26.933
Earnings Share
(0.12)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.12)
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.