Wealth Short Long Term Debt Total vs Cash Analysis
WML Stock | CAD 0.04 0.01 12.50% |
Wealth Minerals financial indicator trend analysis is more than just analyzing Wealth Minerals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wealth Minerals is a good investment. Please check the relationship between Wealth Minerals Short Long Term Debt Total and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wealth Minerals. 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.
Short Long Term Debt Total vs Cash
Short Long Term Debt Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wealth Minerals Short Long Term Debt Total account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wealth Minerals' Short Long Term Debt Total and Cash is -0.68. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash in the same time period over historical financial statements of Wealth Minerals, assuming nothing else is changed. The correlation between historical values of Wealth Minerals' Short Long Term Debt Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Wealth Minerals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt Total i.e., Wealth Minerals' Short Long Term Debt Total and Cash go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Long Term Debt Total
Cash
Cash refers to the most liquid asset of Wealth Minerals, which is listed under current asset account on Wealth Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wealth Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Wealth Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Wealth Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wealth 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wealth Minerals. 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, Wealth Minerals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 67.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2024.
Wealth Minerals fundamental ratios Correlations
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Wealth Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wealth Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.6M | 51.4M | 55.4M | 55.3M | 63.6M | 66.8M | |
Total Current Liabilities | 5.0M | 1.2M | 680.8K | 801.6K | 921.8K | 1.5M | |
Total Stockholder Equity | 32.6M | 43.6M | 53.4M | 54.5M | 62.6M | 65.8M | |
Property Plant And Equipment Net | 35.0M | 41.2M | 43.1M | 43.1M | 49.5M | 52.0M | |
Net Debt | 3.3M | (3.8M) | (5.2M) | (4.7M) | (4.2M) | (4.0M) | |
Retained Earnings | (124.1M) | (133.5M) | (138.1M) | (148.6M) | (133.7M) | (127.0M) | |
Accounts Payable | 984.5K | 584.7K | 438.2K | 602.5K | 692.8K | 441.4K | |
Cash | 87.9K | 4.3M | 5.3M | 4.7M | 5.4M | 5.7M | |
Non Current Assets Total | 37.3M | 46.4M | 49.8M | 49.5M | 56.9M | 59.8M | |
Non Currrent Assets Other | 137.5K | 41.4M | 25.1K | 92.4K | 106.3K | 100.9K | |
Cash And Short Term Investments | 87.9K | 4.3M | 5.3M | 5.1M | 5.8M | 6.1M | |
Net Receivables | 189.5K | 175.8K | 216.3K | 209.7K | 188.7K | 156.6K | |
Common Stock Shares Outstanding | 152.6M | 207.3M | 270.1M | 318.6M | 366.4M | 384.7M | |
Liabilities And Stockholders Equity | 37.6M | 51.4M | 55.4M | 55.3M | 63.6M | 66.8M | |
Other Stockholder Equity | 16.4M | 19.0M | 19.1M | 21.0M | 24.1M | 21.1M | |
Total Liab | 5.0M | 7.8M | 2.1M | 863.6K | 993.1K | 1.9M | |
Total Current Assets | 336.3K | 4.9M | 5.6M | 5.8M | 6.7M | 7.0M | |
Accumulated Other Comprehensive Income | 19.1M | 21.0M | 24.0M | 26.6M | 30.6M | 32.2M | |
Other Current Assets | 58.9K | 511.4K | 132.0K | 539.4K | 620.4K | 651.4K | |
Short Long Term Debt Total | 3.4M | 443.4K | 40K | 27.1K | 24.4K | 23.2K | |
Short Term Debt | 3.4M | 443.4K | 40K | 27.1K | 24.4K | 23.2K | |
Net Tangible Assets | 41.1M | 35.3M | 32.6M | 43.6M | 50.1M | 52.6M | |
Common Stock | 137.6M | 156.1M | 167.5M | 176.4M | 202.9M | 119.0M | |
Property Plant Equipment | 40.1M | 41.4M | 35.0M | 41.2M | 47.4M | 24.5M | |
Net Invested Capital | 36.0M | 44.0M | 53.4M | 54.5M | 62.7M | 47.5M | |
Net Working Capital | (4.7M) | 3.7M | 4.9M | 5.0M | 5.8M | 6.1M | |
Capital Stock | 137.6M | 156.1M | 167.5M | 176.4M | 202.9M | 165.0M |
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When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.