Portofino Total Current Liabilities vs Total Cash From Operating Activities Analysis
POR Stock | CAD 0.01 0.01 33.33% |
Portofino Resources financial indicator trend analysis is much more than just breaking down Portofino Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Portofino Resources is a good investment. Please check the relationship between Portofino Resources Total Current Liabilities and its Total Cash From Operating Activities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portofino Resources. 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 Liabilities vs Total Cash From Operating Activities
Total Current Liabilities vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portofino Resources Total Current Liabilities account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Portofino Resources' Total Current Liabilities and Total Cash From Operating Activities is -0.48. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Portofino Resources, assuming nothing else is changed. The correlation between historical values of Portofino Resources' Total Current Liabilities and Total Cash From Operating Activities 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 Liabilities of Portofino Resources are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Liabilities i.e., Portofino Resources' Total Current Liabilities and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Portofino Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Portofino Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Cash From Operating Activities
Most indicators from Portofino Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Portofino 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portofino Resources. 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. Enterprise Value is likely to climb to about 6.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 839 K in 2024.
Portofino Resources fundamental ratios Correlations
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Portofino Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Portofino Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 443.5K | 540.4K | 277.0K | 353.9K | 123.5K | 117.4K | |
Other Current Liab | 189.7K | 60.0K | 148.9K | 756.0K | 869.4K | 912.9K | |
Total Current Liabilities | 189.8K | 60.0K | 149.1K | 756.8K | 1.4M | 1.5M | |
Total Stockholder Equity | 253.7K | 480.4K | 127.9K | (402.9K) | (1.3M) | (1.2M) | |
Net Debt | (301.7K) | (274.1K) | (155.7K) | (65.1K) | (58.6K) | (61.6K) | |
Retained Earnings | (5.2M) | (7.6M) | (10.0M) | (12.5M) | (15.2M) | (14.5M) | |
Accounts Payable | 158.31 | 58.94 | 141.81 | 755.93 | 1.2M | 1.3M | |
Cash | 301.7K | 274.1K | 155.7K | 65.1K | 6.8K | 6.4K | |
Cash And Short Term Investments | 301.7K | 274.1K | 155.7K | 140.1K | 161.2K | 146.5K | |
Common Stock Shares Outstanding | 26.2M | 44.3M | 92.9M | 125.8M | 175.2M | 184.0M | |
Liabilities And Stockholders Equity | 443.5K | 540.4K | 277.0K | 353.9K | 407.0K | 435.5K | |
Other Current Assets | 84.4K | 67.8K | 72.6K | 185.3K | 213.1K | 223.8K | |
Other Stockholder Equity | 794.4K | 967.0K | 1.2M | 1.6M | 1.8M | 1.9M | |
Total Liab | 189.8K | 60.0K | 149.1K | 756.8K | 1.4M | 1.5M | |
Total Current Assets | 443.5K | 540.4K | 277.0K | 353.9K | 123.5K | 117.4K | |
Common Stock | 4.6M | 7.2M | 9.0M | 10.4M | 12.0M | 12.6M | |
Net Tangible Assets | 253.7K | 480.4K | 127.9K | (402.9K) | (362.6K) | (344.5K) | |
Net Receivables | 57.4K | 198.5K | 48.8K | 28.5K | 66.1K | 122.0K | |
Net Invested Capital | 253.7K | 480.4K | 127.9K | (402.9K) | (1.3M) | (1.2M) | |
Net Working Capital | 253.7K | 480.4K | 127.9K | (402.9K) | (1.3M) | (1.2M) | |
Capital Stock | 4.6M | 7.2M | 9.0M | 10.4M | 12.0M | 8.6M |
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When running Portofino Resources' price analysis, check to measure Portofino 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 Portofino Resources is operating at the current time. Most of Portofino Resources' value examination focuses on studying past and present price action to predict the probability of Portofino Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portofino Resources' price. Additionally, you may evaluate how the addition of Portofino Resources to your portfolios can decrease your overall portfolio volatility.