Regulus Other Current Assets 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 Other Current Assets 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.
Other Current Assets vs Short Term Investments
Other Current Assets 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 Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Regulus Resources' Other Current Assets and Short Term Investments is -0.01. Overlapping area represents the amount of variation of Other Current Assets 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' Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Regulus Resources' Other Current Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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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When running Regulus Resources' price analysis, check to measure Regulus 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 Regulus Resources is operating at the current time. Most of Regulus Resources' value examination focuses on studying past and present price action to predict the probability of Regulus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regulus Resources' price. Additionally, you may evaluate how the addition of Regulus Resources to your portfolios can decrease your overall portfolio volatility.