Rover Total Current Assets vs Other Stockholder Equity Analysis

ROVR Stock

CAD 0.01 0.01 33.33%

Rover Metals financial indicator trend analysis is much more than just breaking down Rover Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rover Metals Corp is a good investment. Please check the relationship between Rover Metals Total Current Assets and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rover Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Assets vs Other Stockholder Equity

Total Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rover Metals Corp Total Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.

The correlation between Rover Metals' Total Current Assets and Other Stockholder Equity is 0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Rover Metals Corp, assuming nothing else is changed. The correlation between historical values of Rover Metals' Total Current Assets and Other Stockholder Equity 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 Assets of Rover Metals Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Assets i.e., Rover Metals' Total Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Stockholder Equity

Most indicators from Rover Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rover Metals Corp 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 Rover Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Rover Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 696 K in 2024.

Rover Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Capital Stock	Short Long Term Debt Total	Other Liab	Current Deferred Revenue
Total Assets		0.9	1.0	-0.08	-0.98	0.37	1.0	0.21	0.87	0.9	0.61	0.47	0.91	0.98	0.99	0.98	0.99	0.96	-0.4	0.94	0.76	-0.64	0.93	0.88	-0.95	-0.64
Total Current Liabilities	0.9		0.87	-0.28	-0.91	0.56	0.88	0.4	0.67	1.0	0.69	0.52	0.83	0.89	0.91	0.9	0.91	0.82	-0.43	0.77	0.58	-0.61	0.75	0.71	-0.8	-0.61
Total Stockholder Equity	1.0	0.87		-0.05	-0.97	0.34	1.0	0.18	0.88	0.88	0.59	0.46	0.9	0.98	0.99	0.98	0.99	0.96	-0.39	0.95	0.77	-0.64	0.93	0.89	-0.96	-0.64
Net Debt	-0.08	-0.28	-0.05		0.04	-0.94	0.01	-0.99	0.15	-0.28	-0.79	-0.53	0.18	-0.07	-0.09	0.02	-0.06	-0.11	-0.55	0.02	0.35	-0.29	0.08	0.2	0.06	-0.29
Retained Earnings	-0.98	-0.91	-0.97	0.04		-0.31	-0.97	-0.16	-0.83	-0.92	-0.6	-0.47	-0.89	-0.96	-0.97	-0.99	-0.97	-0.95	0.42	-0.91	-0.75	0.6	-0.9	-0.85	0.9	0.6
Cash	0.37	0.56	0.34	-0.94	-0.31		0.29	0.97	0.15	0.55	0.87	0.63	0.16	0.36	0.39	0.28	0.36	0.35	0.29	0.24	-0.07	-0.04	0.19	0.09	-0.33	-0.04
Non Current Assets Total	1.0	0.88	1.0	0.01	-0.97	0.29		0.12	0.89	0.88	0.53	0.42	0.93	0.98	0.99	0.99	0.99	0.95	-0.47	0.95	0.8	-0.68	0.94	0.91	-0.95	-0.68
Cash And Short Term Investments	0.21	0.4	0.18	-0.99	-0.16	0.97	0.12		-0.03	0.39	0.84	0.57	-0.05	0.19	0.22	0.11	0.19	0.23	0.47	0.1	-0.24	0.19	0.04	-0.08	-0.18	0.19
Other Stockholder Equity	0.87	0.67	0.88	0.15	-0.83	0.15	0.89	-0.03		0.68	0.33	0.46	0.91	0.88	0.87	0.89	0.86	0.79	-0.48	0.83	0.86	-0.76	0.85	0.89	-0.81	-0.76
Total Liab	0.9	1.0	0.88	-0.28	-0.92	0.55	0.88	0.39	0.68		0.69	0.51	0.83	0.9	0.92	0.9	0.92	0.83	-0.44	0.78	0.59	-0.61	0.76	0.71	-0.81	-0.61
Total Current Assets	0.61	0.69	0.59	-0.79	-0.6	0.87	0.53	0.84	0.33	0.69		0.73	0.33	0.58	0.59	0.54	0.57	0.63	0.32	0.48	0.11	-0.06	0.42	0.29	-0.54	-0.06
Net Receivables	0.47	0.52	0.46	-0.53	-0.47	0.63	0.42	0.57	0.46	0.51	0.73		0.33	0.56	0.5	0.46	0.48	0.49	0.29	0.36	0.19	-0.16	0.34	0.29	-0.41	-0.16
Common Stock Shares Outstanding	0.91	0.83	0.9	0.18	-0.89	0.16	0.93	-0.05	0.91	0.83	0.33	0.33		0.91	0.92	0.94	0.92	0.8	-0.67	0.83	0.87	-0.87	0.86	0.91	-0.84	-0.87
Net Tangible Assets	0.98	0.89	0.98	-0.07	-0.96	0.36	0.98	0.19	0.88	0.9	0.58	0.56	0.91		0.99	0.97	0.99	0.93	-0.42	0.92	0.76	-0.67	0.91	0.88	-0.95	-0.67
Accounts Payable	0.99	0.91	0.99	-0.09	-0.97	0.39	0.99	0.22	0.87	0.92	0.59	0.5	0.92	0.99		0.98	1.0	0.94	-0.43	0.93	0.76	-0.67	0.92	0.89	-0.95	-0.67
Common Stock	0.98	0.9	0.98	0.02	-0.99	0.28	0.99	0.11	0.89	0.9	0.54	0.46	0.94	0.97	0.98		0.98	0.93	-0.48	0.91	0.8	-0.7	0.91	0.89	-0.91	-0.7
Property Plant Equipment	0.99	0.91	0.99	-0.06	-0.97	0.36	0.99	0.19	0.86	0.92	0.57	0.48	0.92	0.99	1.0	0.98		0.94	-0.47	0.93	0.76	-0.67	0.92	0.88	-0.95	-0.67
Net Invested Capital	0.96	0.82	0.96	-0.11	-0.95	0.35	0.95	0.23	0.79	0.83	0.63	0.49	0.8	0.93	0.94	0.93	0.94		-0.27	0.98	0.77	-0.42	0.96	0.89	-0.95	-0.42
Net Working Capital	-0.4	-0.43	-0.39	-0.55	0.42	0.29	-0.47	0.47	-0.48	-0.44	0.32	0.29	-0.67	-0.42	-0.43	-0.48	-0.47	-0.27		-0.4	-0.63	0.74	-0.45	-0.56	0.37	0.74
Property Plant And Equipment Net	0.94	0.77	0.95	0.02	-0.91	0.24	0.95	0.1	0.83	0.78	0.48	0.36	0.83	0.92	0.93	0.91	0.93	0.98	-0.4		0.85	-0.48	0.99	0.94	-0.97	-0.48
Non Currrent Assets Other	0.76	0.58	0.77	0.35	-0.75	-0.07	0.8	-0.24	0.86	0.59	0.11	0.19	0.87	0.76	0.76	0.8	0.76	0.77	-0.63	0.85		-0.65	0.9	0.97	-0.78	-0.65
Other Assets	-0.64	-0.61	-0.64	-0.29	0.6	-0.04	-0.68	0.19	-0.76	-0.61	-0.06	-0.16	-0.87	-0.67	-0.67	-0.7	-0.67	-0.42	0.74	-0.48	-0.65		-0.53	-0.65	0.56	1.0
Capital Stock	0.93	0.75	0.93	0.08	-0.9	0.19	0.94	0.04	0.85	0.76	0.42	0.34	0.86	0.91	0.92	0.91	0.92	0.96	-0.45	0.99	0.9	-0.53		0.98	-0.96	-0.53
Short Long Term Debt Total	0.88	0.71	0.89	0.2	-0.85	0.09	0.91	-0.08	0.89	0.71	0.29	0.29	0.91	0.88	0.89	0.89	0.88	0.89	-0.56	0.94	0.97	-0.65	0.98		-0.92	-0.65
Other Liab	-0.95	-0.8	-0.96	0.06	0.9	-0.33	-0.95	-0.18	-0.81	-0.81	-0.54	-0.41	-0.84	-0.95	-0.95	-0.91	-0.95	-0.95	0.37	-0.97	-0.78	0.56	-0.96	-0.92		0.56
Current Deferred Revenue	-0.64	-0.61	-0.64	-0.29	0.6	-0.04	-0.68	0.19	-0.76	-0.61	-0.06	-0.16	-0.87	-0.67	-0.67	-0.7	-0.67	-0.42	0.74	-0.48	-0.65	1.0	-0.53	-0.65	0.56

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Rover Metals Account Relationship Matchups

Rover Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.9M	4.4M	5.1M	5.1M	5.4M
Total Current Liabilities	248.6K	448.7K	666.9K	291.1K	595.2K	625K
Total Stockholder Equity	801.8K	1.4M	3.7M	4.8M	4.5M	4.7M
Net Debt	(2.2K)	(301.8K)	(607.6K)	(56.2K)	(50.6K)	(53.1K)
Retained Earnings	(3.1M)	(3.9M)	(5.6M)	(7.1M)	(7.3M)	(6.9M)
Cash	2.2K	332.7K	642.8K	96.2K	200.7K	236.0K
Non Current Assets Total	821.4K	1.5M	3.5M	4.6M	4.8M	5.0M
Cash And Short Term Investments	2.2K	332.7K	642.8K	96.2K	110.7K	105.1K
Liabilities And Stockholders Equity	1.1M	1.9M	4.4M	5.1M	5.8M	6.1M
Other Stockholder Equity	784.1K	34.7K	575.8K	1.6M	1.8M	1.9M
Total Liab	248.6K	488.7K	706.9K	331.1K	635.2K	667K
Total Current Assets	229.0K	405.9K	872.7K	446.8K	303.2K	338.9K
Net Receivables	3.6K	17.0K	37.9K	19.2K	22.0K	20.9K
Common Stock Shares Outstanding	8.2M	10.3M	17.3M	25.2M	52.6M	55.2M
Other Current Liab	248.6K	398.7K	666.9K	291.1K	334.8K	259.2K
Net Tangible Assets	1.2M	801.8K	1.4M	3.7M	4.3M	4.5M
Accounts Payable	188.6K	106.9K	285.3K	666.9K	766.9K	805.2K
Common Stock	2.8M	3.4M	5.6M	7.4M	8.5M	8.9M
Property Plant Equipment	641.5K	704.1K	1.4M	3.1M	3.6M	3.8M
Net Invested Capital	801.8K	1.5M	3.7M	4.8M	4.5M	2.6M
Net Working Capital	(19.6K)	(42.8K)	205.9K	155.6K	(292.1K)	(277.5K)
Property Plant And Equipment Net	704.1K	1.4M	3.1M	4.4M	4.6M	2.7M
Capital Stock	2.8M	3.4M	5.6M	7.4M	8.5M	5.6M

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