Canada Book Value Per Share vs Invested Capital Analysis
LL Stock | CAD 0.02 0.01 33.33% |
Canada Rare financial indicator trend analysis is way more than just evaluating Canada Rare Earth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Rare Earth is a good investment. Please check the relationship between Canada Rare Book Value Per Share and its Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Invested Capital
Book Value Per Share vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Rare Earth Book Value Per Share account and Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Canada Rare's Book Value Per Share and Invested Capital is -0.27. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Canada Rare Earth, assuming nothing else is changed. The correlation between historical values of Canada Rare's Book Value Per Share and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Canada Rare Earth are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Book Value Per Share i.e., Canada Rare's Book Value Per Share and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Canada Rare Earth. There are two different methods for calculating Canada Rare Earth invested capital: operating approach and financing approach. Understanding Canada Rare invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Canada Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Rare Earth 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Canada Rare's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 33.47 in 2024, whereas Selling General Administrative is likely to drop slightly above 829.3 K in 2024.
Canada Rare fundamental ratios Correlations
Click cells to compare fundamentals
Canada Rare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canada Rare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5M | 603.1K | 1.2M | 2.3M | 2.0M | 2.9M | |
Total Current Liabilities | 1.4M | 661.6K | 1.4M | 1.7M | 1.9M | 2.0M | |
Total Stockholder Equity | (46.0K) | (183.5K) | (532.2K) | 6.1K | 5.5K | 5.2K | |
Net Debt | (164.2K) | (30.6K) | 458.7K | 1.0M | 1.2M | 1.2M | |
Retained Earnings | (25.1M) | (25.7M) | (26.8M) | (26.6M) | (23.9M) | (22.7M) | |
Accounts Payable | 533.4K | 668.2K | 793.2K | 590.3K | 678.9K | 712.8K | |
Cash | 204.3K | 33.8K | 77.0K | 220.6K | 198.6K | 340.3K | |
Non Current Assets Total | 919.2K | 240.3K | 717.0K | 1.0M | 1.2M | 1.4M | |
Cash And Short Term Investments | 514.2K | 204.3K | 33.8K | 220.6K | 198.6K | 188.6K | |
Net Receivables | 197.8K | 5.4K | 324.7K | 574.2K | 660.3K | 693.3K | |
Common Stock Shares Outstanding | 200.1M | 204.2M | 205.6M | 209.7M | 241.2M | 253.3M | |
Liabilities And Stockholders Equity | 1.1M | 1.5M | 603.1K | 2.3M | 2.0M | 3.0M | |
Other Stockholder Equity | 8.3M | 8.3M | 8.5M | 8.8M | 10.1M | 11.6M | |
Total Liab | 1.6M | 786.6K | 1.7M | 2.3M | 2.6M | 2.7M | |
Total Current Assets | 600.5K | 362.8K | 478.5K | 1.3M | 1.1M | 2.1M | |
Short Long Term Debt Total | 1.1M | 40.1K | 3.3K | 1.2M | 1.4M | 1.5M | |
Other Current Liab | 324K | 1.3M | 658.4K | 590.3K | 678.9K | 465.3K | |
Short Term Debt | 1.1M | 36.8K | 3.3K | 1.1M | 1.2M | 1.3M | |
Net Tangible Assets | (65.9K) | (183.5K) | (596.6K) | (31.6K) | (28.5K) | (27.1K) | |
Other Current Assets | 323.6K | 73.3K | 59.7K | 464.8K | 534.5K | 561.2K | |
Common Stock | 16.8M | 17.0M | 17.5M | 17.6M | 20.2M | 16.2M | |
Accumulated Other Comprehensive Income | 8.3M | 8.3M | 8.5M | 9.0M | 10.4M | 8.9M | |
Intangible Assets | 19.9K | 1.0 | 64.4K | 37.8K | 34.0K | 32.3K | |
Non Current Liabilities Total | 179.3K | 125K | 349.4K | 602.7K | 693.1K | 388.2K | |
Short Long Term Debt | 410.4K | 1.1M | 535.7K | 1.0M | 1.2M | 713.1K | |
Other Liab | 250K | 176K | 125K | 436.4K | 392.7K | 207.9K | |
Net Invested Capital | (46.0K) | (183.5K) | 3.5K | 1.0M | 1.2M | 1.2M | |
Net Working Capital | (785.9K) | (298.9K) | (899.9K) | (406.4K) | (365.7K) | (384.0K) | |
Inventory | (125.1K) | 250.3K | 59.7K | 453.1K | 521.1K | 547.1K | |
Capital Stock | 16.8M | 17.0M | 17.5M | 17.6M | 20.2M | 18.5M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Canada Stock analysis
When running Canada Rare's price analysis, check to measure Canada Rare'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 Canada Rare is operating at the current time. Most of Canada Rare's value examination focuses on studying past and present price action to predict the probability of Canada Rare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Rare's price. Additionally, you may evaluate how the addition of Canada Rare to your portfolios can decrease your overall portfolio volatility.
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
CEOs Directory Screen CEOs from public companies around the world | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |