Chatham Total Current Assets vs Net Tangible Assets 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 Total Current Assets and its Net Tangible Assets 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.

Total Current Assets vs Net Tangible Assets

Total Current Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chatham Rock Phosphate Total Current Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Chatham Rock's Total Current Assets and Net Tangible Assets is -0.27. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Tangible Assets 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 Total Current Assets and Net Tangible Assets 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 Current Assets of Chatham Rock Phosphate are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Assets i.e., Chatham Rock's Total Current Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt
Total Assets		-0.32	-0.12	-0.14	0.98	0.99	-0.93	0.33	0.04	0.93	0.99	0.93	0.64	-0.04	0.09	0.02	0.57	-0.09	0.8	-0.35	-0.57	0.19	-0.01	-0.11	0.2	-0.06
Short Long Term Debt Total	-0.32		0.58	0.62	-0.45	-0.37	0.45	0.72	-0.06	-0.16	-0.37	-0.16	0.15	-0.12	0.83	-0.14	-0.13	0.71	-0.18	1.0	-0.48	-0.24	-0.3	-0.35	-0.06	0.13
Other Current Liab	-0.12	0.58		0.9	-0.29	-0.1	0.15	0.32	0.1	0.03	-0.1	0.03	0.17	0.11	0.7	0.45	-0.05	0.9	0.24	0.57	-0.44	0.19	-0.42	-0.33	0.0	0.17
Total Current Liabilities	-0.14	0.62	0.9		-0.33	-0.15	0.14	0.35	0.48	0.05	-0.15	0.05	0.28	-0.01	0.73	0.37	0.16	0.98	0.17	0.6	-0.55	0.37	-0.63	-0.64	-0.05	0.19
Total Stockholder Equity	0.98	-0.45	-0.29	-0.33		0.97	-0.93	0.23	-0.03	0.89	0.97	0.89	0.55	-0.03	-0.08	-0.03	0.53	-0.28	0.75	-0.47	-0.42	0.12	0.1	0.01	0.19	-0.06
Property Plant And Equipment Net	0.99	-0.37	-0.1	-0.15	0.97		-0.92	0.27	0.01	0.9	1.0	0.9	0.6	-0.09	0.06	0.13	0.58	-0.1	0.83	-0.4	-0.53	0.2	-0.01	-0.08	0.18	-0.05
Net Debt	-0.93	0.45	0.15	0.14	-0.93	-0.92		-0.2	-0.19	-0.95	-0.92	-0.95	-0.5	-0.02	0.09	-0.15	-0.68	0.12	-0.86	0.48	0.46	-0.21	0.13	0.17	-0.09	-0.17
Retained Earnings	0.33	0.72	0.32	0.35	0.23	0.27	-0.2		-0.11	0.47	0.27	0.47	0.44	-0.03	0.74	-0.16	0.29	0.48	0.35	0.7	-0.8	-0.26	-0.36	-0.41	-0.15	0.19
Accounts Payable	0.04	-0.06	0.1	0.48	-0.03	0.01	-0.19	-0.11		0.17	0.01	0.17	0.26	-0.14	0.08	0.2	0.54	0.4	0.12	-0.11	-0.27	0.68	-0.64	-0.75	-0.13	0.22
Cash	0.93	-0.16	0.03	0.05	0.89	0.9	-0.95	0.47	0.17		0.9	1.0	0.62	-0.02	0.18	0.11	0.71	0.1	0.89	-0.2	-0.67	0.14	-0.22	-0.29	0.11	0.2
Non Current Assets Total	0.99	-0.37	-0.1	-0.15	0.97	1.0	-0.92	0.27	0.01	0.9		0.9	0.6	-0.09	0.06	0.13	0.58	-0.1	0.83	-0.4	-0.53	0.2	-0.01	-0.08	0.18	-0.05
Cash And Short Term Investments	0.93	-0.16	0.03	0.05	0.89	0.9	-0.95	0.47	0.17	1.0	0.9		0.62	-0.02	0.18	0.11	0.71	0.1	0.89	-0.2	-0.67	0.14	-0.22	-0.29	0.11	0.2
Net Receivables	0.64	0.15	0.17	0.28	0.55	0.6	-0.5	0.44	0.26	0.62	0.6	0.62		0.05	0.44	-0.02	0.4	0.34	0.51	0.12	-0.61	0.31	-0.05	-0.24	0.43	-0.07
Common Stock Shares Outstanding	-0.04	-0.12	0.11	-0.01	-0.03	-0.09	-0.02	-0.03	-0.14	-0.02	-0.09	-0.02	0.05		-0.18	-0.01	-0.26	-0.06	0.04	-0.11	0.18	-0.13	0.1	0.24	-0.02	-0.04
Non Current Liabilities Total	0.09	0.83	0.7	0.73	-0.08	0.06	0.09	0.74	0.08	0.18	0.06	0.18	0.44	-0.18		-0.06	0.01	0.85	0.12	0.81	-0.74	0.15	-0.39	-0.48	-0.02	0.12
Other Current Assets	0.02	-0.14	0.45	0.37	-0.03	0.13	-0.15	-0.16	0.2	0.11	0.13	0.11	-0.02	-0.01	-0.06		0.41	0.28	0.53	-0.16	-0.12	0.18	-0.47	-0.23	-0.31	0.2
Other Stockholder Equity	0.57	-0.13	-0.05	0.16	0.53	0.58	-0.68	0.29	0.54	0.71	0.58	0.71	0.4	-0.26	0.01	0.41		0.13	0.73	-0.17	-0.58	0.1	-0.58	-0.63	-0.14	0.21
Total Liab	-0.09	0.71	0.9	0.98	-0.28	-0.1	0.12	0.48	0.4	0.1	-0.1	0.1	0.34	-0.06	0.85	0.28	0.13		0.18	0.69	-0.62	0.33	-0.61	-0.63	-0.06	0.25
Total Current Assets	0.8	-0.18	0.24	0.17	0.75	0.83	-0.86	0.35	0.12	0.89	0.83	0.89	0.51	0.04	0.12	0.53	0.73	0.18		-0.22	-0.6	0.1	-0.34	-0.27	-0.01	0.24
Short Term Debt	-0.35	1.0	0.57	0.6	-0.47	-0.4	0.48	0.7	-0.11	-0.2	-0.4	-0.2	0.12	-0.11	0.81	-0.16	-0.17	0.69	-0.22		-0.44	-0.28	-0.25	-0.3	-0.04	0.09
Non Currrent Assets Other	-0.57	-0.48	-0.44	-0.55	-0.42	-0.53	0.46	-0.8	-0.27	-0.67	-0.53	-0.67	-0.61	0.18	-0.74	-0.12	-0.58	-0.62	-0.6	-0.44		-0.15	0.59	0.71	0.12	-0.05
Intangible Assets	0.19	-0.24	0.19	0.37	0.12	0.2	-0.21	-0.26	0.68	0.14	0.2	0.14	0.31	-0.13	0.15	0.18	0.1	0.33	0.1	-0.28	-0.15		-0.28	-0.36	-0.03	0.09
Common Stock	-0.01	-0.3	-0.42	-0.63	0.1	-0.01	0.13	-0.36	-0.64	-0.22	-0.01	-0.22	-0.05	0.1	-0.39	-0.47	-0.58	-0.61	-0.34	-0.25	0.59	-0.28		0.92	0.66	-0.44
Net Tangible Assets	-0.11	-0.35	-0.33	-0.64	0.01	-0.08	0.17	-0.41	-0.75	-0.29	-0.08	-0.29	-0.24	0.24	-0.48	-0.23	-0.63	-0.63	-0.27	-0.3	0.71	-0.36	0.92		0.46	-0.28
Long Term Investments	0.2	-0.06	0.0	-0.05	0.19	0.18	-0.09	-0.15	-0.13	0.11	0.18	0.11	0.43	-0.02	-0.02	-0.31	-0.14	-0.06	-0.01	-0.04	0.12	-0.03	0.66	0.46		-0.42
Short Long Term Debt	-0.06	0.13	0.17	0.19	-0.06	-0.05	-0.17	0.19	0.22	0.2	-0.05	0.2	-0.07	-0.04	0.12	0.2	0.21	0.25	0.24	0.09	-0.05	0.09	-0.44	-0.28	-0.42

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Chatham Rock Account Relationship Matchups

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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