Labyrinth Cash And Short Term Investments vs Retained Earnings Analysis

LRL Stock

0.23 0.01 4.17%

Labyrinth Resources financial indicator trend analysis is infinitely more than just investigating Labyrinth Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Labyrinth Resources is a good investment. Please check the relationship between Labyrinth Resources Cash And Short Term Investments and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labyrinth Resources Limited. 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.

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Labyrinth Resources Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Labyrinth Resources' Cash And Short Term Investments and Retained Earnings is -0.21. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Labyrinth Resources Limited, assuming nothing else is changed. The correlation between historical values of Labyrinth Resources' Cash And Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Labyrinth Resources Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Labyrinth Resources' Cash And Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Labyrinth Resources balance sheet. This account contains Labyrinth Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Labyrinth Resources Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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.

Most indicators from Labyrinth Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Labyrinth Resources 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 Labyrinth Resources Limited. 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.

Issuance Of Capital Stock is likely to gain to about 2.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 624.5 K in 2024.

Labyrinth Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Total Liab	Total Current Assets	Common Stock	Common Stock Shares Outstanding	Short Long Term Debt Total	Non Current Liabilities Total	Non Currrent Assets Other	Other Current Liab	Short Term Investments	Accounts Payable	Good Will	Other Current Assets	Other Stockholder Equity	Intangible Assets	Inventory	Current Deferred Revenue
Total Assets		0.72	0.91	0.88	-0.17	0.05	-0.04	0.89	-0.04	0.66	0.91	0.33	0.12	0.0	-0.04	0.87	0.14	0.38	-0.27	0.7	0.19	0.18	0.2	-0.24	0.87	-0.16
Total Current Liabilities	0.72		0.47	0.55	0.22	-0.1	-0.35	0.51	-0.35	0.32	0.78	0.64	0.07	0.11	0.34	0.52	-0.01	0.69	-0.28	0.62	0.21	0.6	0.2	-0.27	0.56	-0.53
Total Stockholder Equity	0.91	0.47		0.91	-0.36	0.16	0.19	0.91	0.19	0.77	0.81	0.08	0.14	-0.23	-0.1	0.86	0.01	0.07	-0.2	0.75	0.16	-0.12	0.11	-0.15	0.9	0.16
Property Plant And Equipment Net	0.88	0.55	0.91		0.0	0.16	0.0	0.96	0.0	0.75	0.87	-0.04	0.14	-0.41	0.17	0.88	-0.13	0.02	-0.23	0.74	0.19	-0.19	0.09	-0.17	0.97	0.22
Net Debt	-0.17	0.22	-0.36	0.0		-0.01	-0.69	-0.01	-0.69	-0.13	0.07	-0.23	-0.05	-0.34	0.75	-0.06	-0.04	-0.06	0.0	-0.06	0.02	-0.07	-0.1	-0.01	0.03	0.04
Retained Earnings	0.05	-0.1	0.16	0.16	-0.01		-0.21	0.11	-0.21	0.16	0.04	-0.23	-0.89	-0.43	-0.08	0.12	-0.2	-0.18	0.91	0.12	-0.89	-0.2	-0.96	0.94	0.22	0.18
Cash	-0.04	-0.35	0.19	0.0	-0.69	-0.21		-0.05	1.0	-0.02	-0.2	-0.06	0.31	-0.01	-0.33	-0.07	-0.24	-0.27	-0.23	-0.04	0.23	-0.26	0.29	-0.22	-0.05	0.26
Non Current Assets Total	0.89	0.51	0.91	0.96	-0.01	0.11	-0.05		-0.05	0.73	0.91	-0.1	0.2	-0.35	0.16	0.96	0.14	-0.01	-0.26	0.75	0.23	-0.24	0.12	-0.2	0.95	0.26
Cash And Short Term Investments	-0.04	-0.35	0.19	0.0	-0.69	-0.21	1.0	-0.05		-0.02	-0.2	-0.06	0.31	-0.01	-0.33	-0.07	-0.24	-0.27	-0.23	-0.04	0.23	-0.26	0.29	-0.22	-0.05	0.26
Net Receivables	0.66	0.32	0.77	0.75	-0.13	0.16	-0.02	0.73	-0.02		0.64	-0.1	0.11	-0.29	0.06	0.7	-0.09	-0.1	-0.14	0.67	0.12	-0.26	0.04	-0.09	0.72	0.28
Total Liab	0.91	0.78	0.81	0.87	0.07	0.04	-0.2	0.91	-0.2	0.64		0.17	0.18	-0.18	0.3	0.93	0.18	0.27	-0.27	0.84	0.25	0.06	0.15	-0.23	0.88	0.01
Total Current Assets	0.33	0.64	0.08	-0.04	-0.23	-0.23	-0.06	-0.1	-0.06	-0.1	0.17		0.0	0.67	-0.29	-0.09	-0.04	0.94	-0.16	0.0	0.11	0.96	0.26	-0.2	-0.02	-0.9
Common Stock	0.12	0.07	0.14	0.14	-0.05	-0.89	0.31	0.2	0.31	0.11	0.18	0.0		0.17	0.12	0.16	0.18	-0.04	-0.92	0.09	0.98	-0.09	0.92	-0.93	0.08	0.18
Common Stock Shares Outstanding	0.0	0.11	-0.23	-0.41	-0.34	-0.43	-0.01	-0.35	-0.01	-0.29	-0.18	0.67	0.17		-0.52	-0.26	0.38	0.65	-0.2	-0.38	0.17	0.7	0.37	-0.24	-0.43	-0.67
Short Long Term Debt Total	-0.04	0.34	-0.1	0.17	0.75	-0.08	-0.33	0.16	-0.33	0.06	0.3	-0.29	0.12	-0.52		0.18	-0.12	-0.17	-0.14	0.39	0.16	-0.22	0.02	-0.15	0.21	0.22
Non Current Liabilities Total	0.87	0.52	0.86	0.88	-0.06	0.12	-0.07	0.96	-0.07	0.7	0.93	-0.09	0.16	-0.26	0.18		0.28	0.02	-0.2	0.79	0.18	-0.21	0.09	-0.16	0.9	0.24
Non Currrent Assets Other	0.14	-0.01	0.01	-0.13	-0.04	-0.2	-0.24	0.14	-0.24	-0.09	0.18	-0.04	0.18	0.38	-0.12	0.28		0.06	-0.14	0.0	0.14	0.03	0.18	-0.14	-0.06	-0.03
Other Current Liab	0.38	0.69	0.07	0.02	-0.06	-0.18	-0.27	-0.01	-0.27	-0.1	0.27	0.94	-0.04	0.65	-0.17	0.02	0.06		-0.11	-0.01	0.09	0.94	0.21	-0.17	0.08	-0.89
Short Term Investments	-0.27	-0.28	-0.2	-0.23	0.0	0.91	-0.23	-0.26	-0.23	-0.14	-0.27	-0.16	-0.92	-0.2	-0.14	-0.2	-0.14	-0.11		-0.19	-0.93	-0.08	-0.97	0.99	-0.15	0.06
Accounts Payable	0.7	0.62	0.75	0.74	-0.06	0.12	-0.04	0.75	-0.04	0.67	0.84	0.0	0.09	-0.38	0.39	0.79	0.0	-0.01	-0.19		0.13	-0.11	0.03	-0.12	0.73	0.16
Good Will	0.19	0.21	0.16	0.19	0.02	-0.89	0.23	0.23	0.23	0.12	0.25	0.11	0.98	0.17	0.16	0.18	0.14	0.09	-0.93	0.13		0.03	0.92	-0.94	0.14	0.08
Other Current Assets	0.18	0.6	-0.12	-0.19	-0.07	-0.2	-0.26	-0.24	-0.26	-0.26	0.06	0.96	-0.09	0.7	-0.22	-0.21	0.03	0.94	-0.08	-0.11	0.03		0.17	-0.12	-0.17	-0.95
Other Stockholder Equity	0.2	0.2	0.11	0.09	-0.1	-0.96	0.29	0.12	0.29	0.04	0.15	0.26	0.92	0.37	0.02	0.09	0.18	0.21	-0.97	0.03	0.92	0.17		-0.99	0.03	-0.15
Intangible Assets	-0.24	-0.27	-0.15	-0.17	-0.01	0.94	-0.22	-0.2	-0.22	-0.09	-0.23	-0.2	-0.93	-0.24	-0.15	-0.16	-0.14	-0.17	0.99	-0.12	-0.94	-0.12	-0.99		-0.12	0.1
Inventory	0.87	0.56	0.9	0.97	0.03	0.22	-0.05	0.95	-0.05	0.72	0.88	-0.02	0.08	-0.43	0.21	0.9	-0.06	0.08	-0.15	0.73	0.14	-0.17	0.03	-0.12		0.2
Current Deferred Revenue	-0.16	-0.53	0.16	0.22	0.04	0.18	0.26	0.26	0.26	0.28	0.01	-0.9	0.18	-0.67	0.22	0.24	-0.03	-0.89	0.06	0.16	0.08	-0.95	-0.15	0.1	0.2

Click cells to compare fundamentals

Labyrinth Resources Account Relationship Matchups

Labyrinth Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.8M	9.9M	27.2M	25.9M	25.2M	40.8M
Total Current Liabilities	1.4M	2.1M	4.5M	2.5M	20.2M	21.2M
Total Stockholder Equity	11.4M	7.7M	10.9M	6.7M	5.0M	4.8M
Property Plant And Equipment Net	8.2M	4.3M	23.8M	171.6K	4.0M	3.8M
Net Debt	(1.3M)	(4.6M)	(2.4M)	(418.2K)	(287.1K)	(301.4K)
Retained Earnings	(284.3M)	(288.3M)	(295.3M)	(301.4M)	(304.7M)	(289.5M)
Cash	1.4M	4.6M	2.4M	418.2K	287.1K	272.7K
Non Current Assets Total	8.9M	4.3M	23.8M	25.1M	4.1M	3.9M
Cash And Short Term Investments	1.4M	4.6M	2.4M	418.2K	287.1K	272.7K
Net Receivables	2.3M	(89.3K)	780.7K	242.5K	15.7K	14.9K
Liabilities And Stockholders Equity	12.8M	9.9M	27.2M	25.9M	25.2M	40.8M
Total Liab	1.4M	2.1M	16.3M	19.2M	20.2M	12.8M
Total Current Assets	3.8M	5.6M	3.4M	764.9K	21.1M	22.2M
Common Stock Shares Outstanding	558.8M	561.1M	785.1M	945.9M	1.2B	1.2B
Non Currrent Assets Other	3.3M	701.1K	16.1K	24.8M	4.0M	3.6M
Other Current Liab	580.6K	1.8M	3.7M	2.1M	19.9M	20.9M
Accounts Payable	627.5K	50.1K	579.7K	264.4K	286.8K	272.5K
Other Current Assets	85.2K	1.1M	182.6K	104.2K	20.8M	21.9M
Net Invested Capital	11.5M	7.7M	10.9M	6.7M	5.0M	7.2M
Net Working Capital	2.5M	3.5M	(1.1M)	(1.8M)	935.7K	669.7K

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 Labyrinth Stock Analysis

When running Labyrinth Resources' price analysis, check to measure Labyrinth Resources' 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 Labyrinth Resources is operating at the current time. Most of Labyrinth Resources' value examination focuses on studying past and present price action to predict the probability of Labyrinth Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labyrinth Resources' price. Additionally, you may evaluate how the addition of Labyrinth Resources 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