Ximen Inventory vs Non Current Liabilities Total Analysis
XIM Stock | CAD 0.09 0.01 6.25% |
Ximen Mining financial indicator trend analysis is more than just analyzing Ximen Mining Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ximen Mining Corp is a good investment. Please check the relationship between Ximen Mining Inventory and its Non Current Liabilities Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 board of governors.
Inventory vs Non Current Liabilities Total
Inventory vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ximen Mining Corp Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ximen Mining's Inventory and Non Current Liabilities Total is 0.33. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Ximen Mining Corp, assuming nothing else is changed. The correlation between historical values of Ximen Mining's Inventory and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Ximen Mining Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Ximen Mining's Inventory and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Non Current Liabilities Total
Most indicators from Ximen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ximen Mining 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 board of governors. At this time, Ximen Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 911.5 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 378.8K | 403.2K | 229.0K | 197.8K | Minority Interest | 9.0K | 7.1K | 5.9K | 5.6K |
Ximen Mining fundamental ratios Correlations
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Ximen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ximen Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1M | 3.2M | 4.5M | 3.2M | 2.2M | 1.6M | |
Other Current Liab | 109.2K | 539.2K | 1.2M | 161.7K | 185.9K | 274.5K | |
Total Current Liabilities | 1.2M | 744.0K | 1.5M | 1.8M | 2.3M | 2.4M | |
Total Stockholder Equity | 2.1M | 2.2M | 2.8M | 1.3M | (197.4K) | (187.5K) | |
Property Plant And Equipment Net | 2.0M | 2.6M | 2.9M | 2.6M | 1.6M | 980.1K | |
Net Debt | (705.1K) | (9.9K) | (453.3K) | 46.8K | 37.9K | 39.7K | |
Retained Earnings | (30.4M) | (35.9M) | (41.1M) | (45.9M) | (49.3M) | (46.9M) | |
Accounts Payable | 344.5K | 204.7K | 318.4K | 867.2K | 1.3M | 1.4M | |
Cash | 718.6K | 9.9K | 453.3K | 3.9K | 933.0 | 886.35 | |
Non Current Assets Total | 2.1M | 2.8M | 3.2M | 3.0M | 2.0M | 1.1M | |
Cash And Short Term Investments | 875.5K | 129.9K | 547.9K | 27.8K | 32.0K | 30.4K | |
Net Receivables | 841.0K | 163.3K | 155.2K | 133.0K | 152.9K | 171.8K | |
Common Stock Shares Outstanding | 9.6M | 14.0M | 18.2M | 24.6M | 37.5M | 39.3M | |
Liabilities And Stockholders Equity | 4.1M | 3.2M | 4.5M | 3.2M | 3.7M | 3.9M | |
Total Liab | 1.8M | 866.5K | 1.5M | 1.8M | 2.3M | 2.4M | |
Total Current Assets | 2.0M | 383.1K | 1.3M | 248.4K | 269.6K | 491.7K | |
Other Current Assets | 251.1K | 90.0K | 599K | 87.5K | 100.7K | 95.3K | |
Accumulated Other Comprehensive Income | 2.0M | 2.1M | 1.7M | 2.3M | 2.6M | 2.7M | |
Net Tangible Assets | 223.2K | 2.1M | 2.2M | 2.8M | 3.3M | 3.4M | |
Common Stock | 30.4M | 36.0M | 42.2M | 45.0M | 51.8M | 54.3M | |
Property Plant Equipment | 1.8M | 2.0M | 2.7M | 3.0M | 3.4M | 3.6M | |
Short Term Investments | 364.8K | 156.9K | 119.9K | 94.6K | 24.0K | 0.0 | |
Net Invested Capital | 2.2M | 2.2M | 2.8M | 1.4M | (158.6K) | (150.7K) | |
Net Working Capital | 792.1K | (360.8K) | (173.4K) | (1.5M) | (2.0M) | (1.9M) | |
Capital Stock | 30.4M | 36.0M | 42.2M | 45.0M | 47.0M | 40.9M |
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When running Ximen Mining's price analysis, check to measure Ximen Mining's 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 Ximen Mining is operating at the current time. Most of Ximen Mining's value examination focuses on studying past and present price action to predict the probability of Ximen Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ximen Mining's price. Additionally, you may evaluate how the addition of Ximen Mining to your portfolios can decrease your overall portfolio volatility.