Regulus Non Currrent Assets Other vs Short Term Investments Analysis
REG Stock | CAD 1.96 0.03 1.51% |
Regulus Resources financial indicator trend analysis is much more than just breaking down Regulus Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regulus Resources is a good investment. Please check the relationship between Regulus Resources Non Currrent Assets Other and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regulus 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.
Non Currrent Assets Other vs Short Term Investments
Non Currrent Assets Other vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regulus Resources Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Regulus Resources' Non Currrent Assets Other and Short Term Investments is -0.48. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Regulus Resources, assuming nothing else is changed. The correlation between historical values of Regulus Resources' Non Currrent Assets Other and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Regulus Resources are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Regulus Resources' Non Currrent Assets Other and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Short Term Investments
Short Term Investments is an item under the current assets section of Regulus Resources balance sheet. It contains any investments Regulus Resources undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Regulus Resources can easily liquidate in the marketplace.Most indicators from Regulus Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regulus 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 Regulus 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. At this time, Regulus Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 27.8 M in 2024, whereas Tax Provision is likely to drop (273.1 K) in 2024.
Regulus Resources fundamental ratios Correlations
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Regulus Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Regulus Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 56.3M | 52.0M | 56.6M | 71.3M | 82.0M | 86.1M | |
Total Current Liabilities | 747.0K | 1.7M | 5.4M | 958.4K | 1.1M | 2.0M | |
Total Stockholder Equity | 55.2M | 49.7M | 50.6M | 70.1M | 80.6M | 84.6M | |
Net Debt | (2.7M) | (9.2M) | 593.9K | (18.4M) | (16.6M) | (15.7M) | |
Retained Earnings | (68.6M) | (74.1M) | (76.8M) | (79.9M) | (71.9M) | (68.3M) | |
Accounts Payable | 738.1K | 1.0M | 4.5M | 847.0K | 974.1K | 1.3M | |
Cash | 2.8M | 9.5M | 249.2K | 18.4M | 21.2M | 22.2M | |
Cash And Short Term Investments | 2.8M | 9.5M | 249.2K | 18.4M | 21.2M | 22.2M | |
Net Receivables | 227.8K | 131.4K | 106.6K | 158.4K | 182.2K | 189.7K | |
Common Stock Shares Outstanding | 93.0M | 98.4M | 101.8M | 116.9M | 134.5M | 141.2M | |
Liabilities And Stockholders Equity | 56.3M | 52.0M | 56.6M | 71.3M | 82.0M | 86.1M | |
Non Current Liabilities Total | 400.9K | 613.4K | 599K | 257K | 231.3K | 219.7K | |
Other Stockholder Equity | 14.4M | 16.6M | 16.8M | 17.9M | 20.6M | 11.5M | |
Total Liab | 1.1M | 2.3M | 6.0M | 1.2M | 1.4M | 2.7M | |
Total Current Assets | 3.4M | 9.7M | 771.5K | 18.7M | 21.5M | 22.5M | |
Property Plant And Equipment Net | 52.5M | 41.7M | 55.5M | 52.4M | 60.2M | 33.7M | |
Non Current Assets Total | 52.9M | 42.3M | 55.9M | 52.6M | 60.5M | 34.4M | |
Other Current Assets | 375.8K | 20.6K | 415.7K | 245.0K | 281.7K | 167.3K | |
Accumulated Other Comprehensive Income | (5.3M) | (7.5M) | (4.0M) | (5.6M) | (5.1M) | (5.3M) | |
Other Current Liab | 738.1K | 365.6K | 28.9K | 103K | 92.7K | 88.1K | |
Common Stock | 122.3M | 104.1M | 114.7M | 137.7M | 158.4M | 102.6M | |
Long Term Investments | 418K | 625.3K | 374.8K | 273.5K | 314.5K | 524.9K | |
Net Tangible Assets | 47.2M | 55.2M | 49.7M | 50.6M | 58.2M | 43.6M | |
Property Plant Equipment | 44.9M | 52.5M | 41.7M | 55.5M | 63.8M | 36.4M | |
Net Invested Capital | 55.2M | 49.7M | 51.3M | 70.1M | 80.6M | 56.2M | |
Net Working Capital | 2.6M | 8.0M | (4.6M) | 17.7M | 20.4M | 21.4M |
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