Marimaca Total Stockholder Equity vs Property Plant And Equipment Net Analysis

MARI Stock  CAD 5.55  0.03  0.54%   
Marimaca Copper financial indicator trend analysis is infinitely more than just investigating Marimaca Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marimaca Copper Corp is a good investment. Please check the relationship between Marimaca Copper Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marimaca Copper Corp. 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marimaca Copper Corp Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Marimaca Copper's Total Stockholder Equity and Property Plant And Equipment Net is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Marimaca Copper Corp, assuming nothing else is changed. The correlation between historical values of Marimaca Copper's Total Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Marimaca Copper Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Marimaca Copper's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Marimaca Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marimaca Copper Corp 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 Marimaca Copper Corp. 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.
At this time, Marimaca Copper's Selling General Administrative is very stable compared to the past year. As of the 25th of February 2025, Issuance Of Capital Stock is likely to grow to about 16.5 M, while Discontinued Operations is likely to drop (1.3 M).
 2022 2023 2024 2025 (projected)
Interest Income2.0M597K686.6K652.2K
Cost Of Revenue46K54K48.6K46.2K

Marimaca Copper fundamental ratios Correlations

0.040.970.99-0.65-0.87-0.090.90.98-0.30.790.780.96-0.250.50.020.970.910.04-0.590.25-0.36-0.130.830.220.89
0.04-0.220.020.56-0.260.650.050.040.250.11-0.28-0.020.32-0.320.980.150.010.780.220.35-0.210.860.230.190.09
0.97-0.220.95-0.78-0.77-0.250.860.95-0.360.750.840.94-0.310.57-0.240.90.89-0.18-0.630.17-0.3-0.350.740.180.84
0.990.020.95-0.57-0.85-0.070.821.0-0.320.70.820.95-0.220.450.030.970.830.05-0.610.17-0.42-0.150.810.080.86
-0.650.56-0.78-0.570.410.43-0.75-0.560.21-0.71-0.53-0.630.33-0.70.57-0.53-0.780.370.33-0.260.00.63-0.47-0.42-0.58
-0.87-0.26-0.77-0.850.41-0.04-0.75-0.860.09-0.71-0.62-0.920.14-0.25-0.25-0.87-0.77-0.250.32-0.270.48-0.05-0.92-0.25-0.92
-0.090.65-0.25-0.070.43-0.04-0.2-0.060.23-0.18-0.1-0.180.88-0.350.70.01-0.150.680.160.39-0.180.350.010.05-0.08
0.90.050.860.82-0.75-0.75-0.20.82-0.210.950.530.85-0.390.590.020.830.980.06-0.430.34-0.16-0.030.780.450.82
0.980.040.951.0-0.56-0.86-0.060.82-0.310.710.810.95-0.230.440.040.980.820.06-0.60.16-0.42-0.120.820.070.86
-0.30.25-0.36-0.320.210.090.23-0.21-0.31-0.08-0.63-0.330.22-0.10.28-0.14-0.240.410.570.17-0.450.01-0.110.32-0.22
0.790.110.750.7-0.71-0.71-0.180.950.71-0.080.370.75-0.370.640.070.750.910.13-0.150.36-0.150.020.830.510.84
0.78-0.280.840.82-0.53-0.62-0.10.530.81-0.630.370.79-0.080.38-0.290.670.61-0.33-0.73-0.02-0.19-0.360.53-0.170.65
0.96-0.020.940.95-0.63-0.92-0.180.850.95-0.330.750.79-0.290.41-0.030.920.880.0-0.570.23-0.31-0.140.860.20.92
-0.250.32-0.31-0.220.330.140.88-0.39-0.230.22-0.37-0.08-0.29-0.310.37-0.19-0.260.410.170.45-0.14-0.01-0.20.1-0.24
0.5-0.320.570.45-0.7-0.25-0.350.590.44-0.10.640.380.41-0.31-0.350.420.56-0.32-0.110.03-0.16-0.370.350.120.43
0.020.98-0.240.030.57-0.250.70.020.040.280.07-0.29-0.030.37-0.350.17-0.030.870.240.34-0.220.830.250.130.09
0.970.150.90.97-0.53-0.870.010.830.98-0.140.750.670.92-0.190.420.170.830.22-0.490.26-0.47-0.060.850.180.86
0.910.010.890.83-0.78-0.77-0.150.980.82-0.240.910.610.88-0.260.56-0.030.830.0-0.480.45-0.19-0.130.760.530.82
0.040.78-0.180.050.37-0.250.680.060.060.410.13-0.330.00.41-0.320.870.220.00.280.46-0.180.570.310.20.14
-0.590.22-0.63-0.610.330.320.16-0.43-0.60.57-0.15-0.73-0.570.17-0.110.24-0.49-0.480.280.030.10.23-0.160.13-0.27
0.250.350.170.17-0.26-0.270.390.340.160.170.36-0.020.230.450.030.340.260.450.460.03-0.060.040.270.810.25
-0.36-0.21-0.3-0.420.00.48-0.18-0.16-0.42-0.45-0.15-0.19-0.31-0.14-0.16-0.22-0.47-0.19-0.180.1-0.060.19-0.3-0.1-0.28
-0.130.86-0.35-0.150.63-0.050.35-0.03-0.120.010.02-0.36-0.14-0.01-0.370.83-0.06-0.130.570.230.040.190.09-0.04-0.04
0.830.230.740.81-0.47-0.920.010.780.82-0.110.830.530.86-0.20.350.250.850.760.31-0.160.27-0.30.090.250.98
0.220.190.180.08-0.42-0.250.050.450.070.320.51-0.170.20.10.120.130.180.530.20.130.81-0.1-0.040.250.25
0.890.090.840.86-0.58-0.92-0.080.820.86-0.220.840.650.92-0.240.430.090.860.820.14-0.270.25-0.28-0.040.980.25
Click cells to compare fundamentals

Marimaca Copper Account Relationship Matchups

Marimaca Copper fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets70.0M92.8M84.8M95.6M109.9M115.4M
Total Current Liabilities5.2M9.5M561K1.2M1.3M1.3M
Total Stockholder Equity57.2M83.3M84.3M94.4M108.6M114.0M
Property Plant And Equipment Net55.7M54.2M61.4M71.7M82.5M86.6M
Net Debt(8.2M)(23.8M)(14.6M)(16.6M)(14.9M)(14.2M)
Retained Earnings(118.2M)(137.0M)(139.2M)(146.3M)(131.7M)(125.1M)
Accounts Payable1.2M397K179K423K486.5K462.1K
Cash13.9M26.8M14.6M16.7M19.2M20.2M
Non Current Assets Total55.7M54.2M65.4M71.9M82.7M86.9M
Cash And Short Term Investments13.9M26.8M14.6M16.7M19.2M9.6M
Net Receivables448K450K4.8M7.0M8.0M8.4M
Common Stock Shares Outstanding65.6M85.5M88.2M90.5M104.1M109.3M
Liabilities And Stockholders Equity70.0M92.8M84.8M95.6M109.9M115.4M
Other Current Assets448.011.8K4.8K7.0K6.3K6.0K
Other Stockholder Equity12.8M27.4M30.6M34.3M30.9M16.5M
Total Liab12.8M9.5M561K1.2M1.4M1.3M
Property Plant And Equipment Gross45.5M45.3M55.7M54.6M62.8M65.9M
Total Current Assets14.3M38.6M19.5M23.7M27.2M28.6M
Accumulated Other Comprehensive Income719K936K112K65K74.8K71.0K
Non Current Liabilities Total7.6M3.4M179K43K49.5K47.0K
Other Current Liab973K5.1M382K653K751.0K1.3M
Short Term Debt3.0M3.0M0.085K97.8K92.9K
Inventory(448.0)11.3M(4.8K)(7.0K)(8.0K)(7.6K)
Common Stock161.9M192.0M192.8M206.3M237.3M128.6M
Short Long Term Debt Total18.5M5.6M3.0M128K147.2K139.8K
Capital Surpluse8.2M12.8M27.4M30.6M35.1M36.9M
Property Plant Equipment45.3M55.7M54.2M61.4M70.6M45.9M
Net Tangible Assets33.0M31.5M57.2M83.3M95.8M100.6M
Short Long Term Debt19.7M18.5M3.0M3.0M3.4M3.3M
Cash And Equivalents9.9M13.9M26.8M14.6M16.8M13.6M
Net Invested Capital62.8M86.3M84.3M94.4M108.6M72.5M
Net Working Capital9.1M29.1M18.9M22.5M25.9M27.2M
Capital Stock161.9M192.0M192.8M206.3M237.3M188.0M

Pair Trading with Marimaca Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marimaca Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marimaca Stock

  0.66FDR Flinders ResourcesPairCorr
  0.64ORE Orezone Gold CorpPairCorr

Moving against Marimaca Stock

  0.82INFM Infinico Metals CorpPairCorr
  0.78IE Ivanhoe EnergyPairCorr
  0.59TD-PFI Toronto Dominion Bank Earnings Call TomorrowPairCorr
  0.57MFC Manulife Financial CorpPairCorr
  0.53AG First Majestic SilverPairCorr
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marimaca Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marimaca Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Marimaca Stock

Balance Sheet is a snapshot of the financial position of Marimaca Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Marimaca Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marimaca Copper 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 Marimaca currently owns. An asset can also be divided into two categories, current and non-current.