| VMS Stock | | | 0.01 0.00 0.00% |
Venture Minerals financial indicator trend analysis is much more than just breaking down Venture Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Venture Minerals is a good investment. Please check the relationship between Venture Minerals Retained Earnings and its Total Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios. 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.
Retained Earnings vs Total Current Assets
Retained Earnings vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Venture Minerals Retained Earnings account and
Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Venture Minerals' Retained Earnings and Total Current Assets is 0.41. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Venture Minerals, assuming nothing else is changed. The correlation between historical values of Venture Minerals' Retained Earnings and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Venture Minerals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., Venture Minerals' Retained Earnings and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.
Most indicators from Venture Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Venture Minerals 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
World Market Map to better understand how to build diversified portfolios. 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.
Issuance Of Capital Stock is likely to gain to about 6.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
M in 2024.
Venture Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Venture Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Venture Minerals fundamental ratios Accounts
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