Canada Capex To Depreciation 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 Capex To Depreciation 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.
Capex To Depreciation vs Invested Capital
Capex To Depreciation 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 Capex To Depreciation account and Invested Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Canada Rare's Capex To Depreciation and Invested Capital is 0.25. Overlapping area represents the amount of variation of Capex To Depreciation 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 Capex To Depreciation 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 Capex To Depreciation 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 Capex To Depreciation i.e., Canada Rare's Capex To Depreciation and Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canada Rare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canada Rare's short interest history, or implied volatility extrapolated from Canada Rare options trading.
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