Rackla Total Cash From Operating Activities vs Non Current Assets Total Analysis

RAK Stock  CAD 0.16  0.01  6.67%   
Rackla Metals financial indicator trend analysis is much more than just breaking down Rackla Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rackla Metals is a good investment. Please check the relationship between Rackla Metals Total Cash From Operating Activities and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackla Metals. 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 Cash From Operating Activities vs Non Current Assets Total

Total Cash From Operating Activities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rackla Metals Total Cash From Operating Activities account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Rackla Metals' Total Cash From Operating Activities and Non Current Assets Total is -0.77. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Rackla Metals, assuming nothing else is changed. The correlation between historical values of Rackla Metals' Total Cash From Operating Activities and Non Current Assets Total 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 Cash From Operating Activities of Rackla Metals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Cash From Operating Activities i.e., Rackla Metals' Total Cash From Operating Activities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Total Cash From Operating Activities

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Rackla Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rackla Metals 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 Rackla Metals. 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.
Selling General Administrative is likely to climb to about 1.9 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 2.1 M in 2025.

Rackla Metals fundamental ratios Correlations

0.80.990.67-0.680.730.880.84-0.04-0.25-0.450.80.920.7-0.070.59-0.320.840.950.920.790.670.67-0.5-0.61
0.80.710.2-0.560.470.940.7-0.38-0.54-0.631.00.930.71-0.430.36-0.210.630.840.90.690.390.38-0.16-0.32
0.990.710.75-0.650.730.810.820.07-0.14-0.380.710.870.650.050.6-0.340.830.920.860.770.680.68-0.51-0.63
0.670.20.75-0.190.350.350.470.560.430.050.210.380.270.60.41-0.220.40.470.370.380.330.35-0.22-0.32
-0.68-0.56-0.65-0.19-0.95-0.51-0.860.460.680.69-0.57-0.63-0.80.55-0.820.31-0.95-0.82-0.63-0.87-0.94-0.940.650.93
0.730.470.730.35-0.950.470.86-0.3-0.52-0.560.470.60.75-0.350.85-0.350.970.820.60.870.990.99-0.79-0.98
0.880.940.810.35-0.510.470.65-0.21-0.36-0.450.940.990.58-0.250.27-0.210.640.860.980.630.40.38-0.26-0.32
0.840.70.820.47-0.860.860.65-0.34-0.54-0.690.70.730.89-0.410.91-0.380.930.930.710.840.80.82-0.61-0.76
-0.04-0.380.070.560.46-0.3-0.21-0.340.90.41-0.38-0.23-0.390.9-0.32-0.15-0.31-0.3-0.23-0.29-0.27-0.280.210.26
-0.25-0.54-0.140.430.68-0.52-0.36-0.540.90.67-0.54-0.41-0.590.92-0.480.07-0.54-0.5-0.39-0.5-0.48-0.490.350.47
-0.45-0.63-0.380.050.69-0.56-0.45-0.690.410.67-0.63-0.49-0.80.65-0.60.5-0.63-0.59-0.45-0.64-0.5-0.520.290.48
0.81.00.710.21-0.570.470.940.7-0.38-0.54-0.630.930.71-0.440.36-0.210.630.840.90.70.390.39-0.17-0.32
0.920.930.870.38-0.630.60.990.73-0.23-0.41-0.490.930.65-0.280.39-0.250.750.921.00.720.540.52-0.37-0.46
0.70.710.650.27-0.80.750.580.89-0.39-0.59-0.80.710.65-0.520.8-0.370.820.810.620.910.70.72-0.4-0.67
-0.07-0.430.050.60.55-0.35-0.25-0.410.90.920.65-0.44-0.28-0.52-0.370.06-0.38-0.35-0.27-0.35-0.31-0.320.220.29
0.590.360.60.41-0.820.850.270.91-0.32-0.48-0.60.360.390.8-0.37-0.330.840.70.370.730.820.86-0.66-0.81
-0.32-0.21-0.34-0.220.31-0.35-0.21-0.38-0.150.070.5-0.21-0.25-0.370.06-0.33-0.37-0.33-0.25-0.37-0.31-0.320.220.3
0.840.630.830.4-0.950.970.640.93-0.31-0.54-0.630.630.750.82-0.380.84-0.370.920.740.90.950.95-0.75-0.91
0.950.840.920.47-0.820.820.860.93-0.3-0.5-0.590.840.920.81-0.350.7-0.330.920.920.860.760.77-0.57-0.7
0.920.90.860.37-0.630.60.980.71-0.23-0.39-0.450.91.00.62-0.270.37-0.250.740.920.720.540.52-0.38-0.47
0.790.690.770.38-0.870.870.630.84-0.29-0.5-0.640.70.720.91-0.350.73-0.370.90.860.720.840.84-0.45-0.82
0.670.390.680.33-0.940.990.40.8-0.27-0.48-0.50.390.540.7-0.310.82-0.310.950.760.540.841.0-0.79-0.99
0.670.380.680.35-0.940.990.380.82-0.28-0.49-0.520.390.520.72-0.320.86-0.320.950.770.520.841.0-0.79-0.99
-0.5-0.16-0.51-0.220.65-0.79-0.26-0.610.210.350.29-0.17-0.37-0.40.22-0.660.22-0.75-0.57-0.38-0.45-0.79-0.790.74
-0.61-0.32-0.63-0.320.93-0.98-0.32-0.760.260.470.48-0.32-0.46-0.670.29-0.810.3-0.91-0.7-0.47-0.82-0.99-0.990.74
Click cells to compare fundamentals

Rackla Metals Account Relationship Matchups

Rackla Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets107.6K1.3M4.7M2.7M3.1M3.3M
Total Current Liabilities47.7K294.7K1.3M493.8K567.9K310.0K
Total Stockholder Equity59.8K1.0M3.4M2.2M2.6M2.7M
Net Tangible Assets(2.9K)(228.0K)59.8K1.0M922.3K968.4K
Retained Earnings(8.3M)(8.6M)(10.2M)(14.9M)(13.5M)(14.1M)
Accounts Payable25.9K70.8K127.4K356.4K409.8K430.3K
Cash20.6K25.8K4.4M1.2M1.4M1.4M
Net Receivables1.4K3.1K4.8K2.4K2.2K2.2K
Short Term Investments11.3K5.6K3.0K1.5K1.4K1.3K
Other Stockholder Equity71.6K67.8K76.4K65.6K59.0K82.9K
Total Liab47.7K294.7K1.3M500.3K575.3K310.7K
Total Current Assets36.6K35.0K4.4M1.6M1.9M2.0M
Non Current Assets Total71.0K1.3M219.6K1.1M1.3M1.3M
Common Stock Shares Outstanding25.3M34.9M58.2M71.4M82.1M86.2M
Net Invested Capital59.8K1.0M3.4M2.2M2.6M2.7M
Net Working Capital(11.2K)(259.6K)3.2M1.1M1.3M1.4M
Capital Stock8.3M9.5M13.6M16.2M18.7M11.6M

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 Rackla Stock Analysis

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