Rockridge Non Current Assets Total vs Common Stock Analysis
ROCK Stock | CAD 0.01 0.01 25.00% |
Rockridge Resources financial indicator trend analysis is much more than just breaking down Rockridge Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rockridge Resources is a good investment. Please check the relationship between Rockridge Resources Non Current Assets Total and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rockridge 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 industry.
Non Current Assets Total vs Common Stock
Non Current Assets Total vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rockridge Resources Non Current Assets Total account and Common Stock. At this time, the significance of the direction appears to have totally related.
The correlation between Rockridge Resources' Non Current Assets Total and Common Stock is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Rockridge Resources, assuming nothing else is changed. The correlation between historical values of Rockridge Resources' Non Current Assets Total and Common Stock 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 Current Assets Total of Rockridge Resources are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Assets Total i.e., Rockridge Resources' Non Current Assets Total and Common Stock go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Common Stock
Most indicators from Rockridge Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rockridge 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 Rockridge 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 industry. At this time, Rockridge Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.28) in 2024.
Rockridge Resources fundamental ratios Correlations
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Rockridge Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rockridge Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3M | 5.4M | 6.7M | 7.0M | 8.0M | 8.4M | |
Other Current Liab | 32.8K | 13.1K | 62.3K | 92.2K | 106.0K | 111.3K | |
Total Current Liabilities | 100.3K | 16.7K | 66.5K | 209.9K | 241.4K | 253.5K | |
Total Stockholder Equity | 4.2M | 5.4M | 6.6M | 6.7M | 7.8M | 8.1M | |
Net Tangible Assets | 2.6M | 4.2M | 5.4M | 6.6M | 7.6M | 8.0M | |
Net Debt | (1.5M) | (591.0K) | (1.0M) | (650.2K) | (585.2K) | (614.4K) | |
Retained Earnings | (2.6M) | (4.4M) | (5.5M) | (6.2M) | (5.6M) | (5.3M) | |
Cash | 1.5M | 591.0K | 1.0M | 650.2K | 747.7K | 739.7K | |
Cash And Short Term Investments | 1.5M | 591.0K | 1.0M | 650.2K | 747.7K | 739.7K | |
Liabilities And Stockholders Equity | 4.3M | 5.4M | 6.7M | 7.0M | 8.0M | 8.4M | |
Other Stockholder Equity | 451.4K | 662.0K | 934.4K | 1.1M | 1.3M | 1.3M | |
Total Liab | 100.3K | 16.7K | 66.5K | 209.9K | 241.4K | 253.5K | |
Total Current Assets | 1.8M | 845.5K | 1.4M | 958.0K | 1.1M | 972.1K | |
Common Stock | 6.2M | 8.8M | 11.0M | 11.8M | 13.6M | 14.2M | |
Property Plant And Equipment Net | 2.5M | 4.6M | 5.3M | 6.0M | 6.9M | 7.2M | |
Non Current Assets Total | 2.5M | 4.6M | 5.3M | 6.0M | 6.9M | 7.2M | |
Net Receivables | 86.4K | 120.6K | 89.8K | 84.1K | 96.7K | 79.5K | |
Common Stock Shares Outstanding | 31.5M | 60.4M | 83.3M | 105.9M | 121.8M | 127.9M | |
Other Current Assets | 214.5K | 134.0K | 321.2K | 223.7K | 257.3K | 217.1K | |
Net Invested Capital | 4.2M | 5.4M | 6.6M | 6.7M | 7.8M | 4.1M | |
Net Working Capital | 1.7M | 828.8K | 1.4M | 748.1K | 860.3K | 1.0M | |
Property Plant Equipment | 1.6M | 2.5M | 4.6M | 5.3M | 6.1M | 6.4M | |
Accounts Payable | 67.5K | 3.6K | 4.2K | 117.8K | 135.5K | 142.2K | |
Accumulated Other Comprehensive Income | 662.0K | 934.4K | 1.1M | 1.2M | 1.4M | 805.5K | |
Capital Stock | 6.2M | 8.8M | 11.0M | 11.8M | 13.6M | 7.7M |
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When running Rockridge Resources' price analysis, check to measure Rockridge 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.