Chatham Cash And Short Term Investments vs Net Debt Analysis
NZP Stock | CAD 0.10 0.03 42.86% |
Chatham Rock financial indicator trend analysis is way more than just evaluating Chatham Rock Phosphate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chatham Rock Phosphate is a good investment. Please check the relationship between Chatham Rock Cash And Short Term Investments and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Chatham Rock Phosphate. 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 Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chatham Rock Phosphate Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Chatham Rock's Cash And Short Term Investments and Net Debt is -0.95. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Chatham Rock Phosphate, assuming nothing else is changed. The correlation between historical values of Chatham Rock's Cash And Short Term Investments and Net Debt 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 Chatham Rock Phosphate are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Chatham Rock's Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Chatham Rock Phosphate balance sheet. This account contains Chatham Rock investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Chatham Rock Phosphate 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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Chatham Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chatham Rock Phosphate 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 Chatham Rock Phosphate. 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, Chatham Rock's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.03 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
Chatham Rock fundamental ratios Correlations
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Chatham Rock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chatham Rock fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5M | 5.2M | 8.1M | 7.9M | 7.0M | 7.7M | |
Other Current Liab | 203.0K | 63.4K | 1.0M | 474.6K | 350.6K | 438.2K | |
Total Current Liabilities | 208.2K | 85.4K | 1.0M | 519.6K | 379.1K | 702.7K | |
Total Stockholder Equity | 4.3M | 5.1M | 7.1M | 7.3M | 6.6M | 6.2M | |
Property Plant And Equipment Net | 4.5M | 4.7M | 6.7M | 6.7M | 6.6M | 6.3M | |
Net Debt | (12.4K) | (378.9K) | (1.4M) | (733.3K) | (52.4K) | (55.1K) | |
Retained Earnings | (30.9M) | (31.4M) | (32.5M) | (34.2M) | (35.5M) | (33.8M) | |
Accounts Payable | 5.2K | 22.1K | 7.6K | 17.2K | 43.0K | 40.8K | |
Cash | 12.4K | 378.9K | 1.4M | 820.4K | 110.2K | 104.7K | |
Non Current Assets Total | 4.5M | 4.7M | 6.7M | 6.7M | 6.7M | 6.3M | |
Cash And Short Term Investments | 12.4K | 378.9K | 1.4M | 820.4K | 110.2K | 104.7K | |
Net Receivables | 8.2K | 3.2K | 19.8K | 232.5K | 157.9K | 96.6K | |
Common Stock Shares Outstanding | 25.7M | 34.6M | 63.3M | 85.0M | 90.0M | 94.5M | |
Liabilities And Stockholders Equity | 4.5M | 5.2M | 8.1M | 7.9M | 7.0M | 7.7M | |
Other Current Assets | 50.8K | 135.0K | 53.4K | 66.5K | 35.8K | 34.0K | |
Total Liab | 208.2K | 85.4K | 1.0M | 578.8K | 408.3K | 387.9K | |
Total Current Assets | 71.3K | 517.1K | 1.4M | 1.1M | 303.8K | 288.6K | |
Accumulated Other Comprehensive Income | (356.0K) | (159.2K) | (262.6K) | (462.6K) | (520.7K) | (494.6K) | |
Common Stock | 35.1M | 36.3M | 39.2M | 41.5M | 42.6M | 37.8M | |
Net Tangible Assets | 4.3M | 5.1M | 7.1M | 7.3M | 8.4M | 4.4M | |
Long Term Investments | 12.8K | 13.2K | 18.5K | 19.2K | 19.5K | 16.8K | |
Property Plant Equipment | 4.5M | 4.7M | 6.7M | 6.7M | 7.7M | 4.4M | |
Net Invested Capital | 4.3M | 5.1M | 7.1M | 7.3M | 6.6M | 6.3M | |
Net Working Capital | (136.9K) | 431.7K | 391.1K | 599.8K | (75.3K) | (71.6K) | |
Capital Stock | 35.1M | 36.3M | 39.2M | 41.5M | 42.6M | 42.1M |
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When running Chatham Rock's price analysis, check to measure Chatham Rock'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 Chatham Rock is operating at the current time. Most of Chatham Rock's value examination focuses on studying past and present price action to predict the probability of Chatham Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Rock's price. Additionally, you may evaluate how the addition of Chatham Rock to your portfolios can decrease your overall portfolio volatility.