Big Cash vs Short Term Debt Analysis

BRAU Stock  CAD 0.09  0.01  10.00%   
Big Ridge financial indicator trend analysis is way more than just evaluating Big Ridge Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Ridge Gold is a good investment. Please check the relationship between Big Ridge Cash and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Ridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Ridge Gold Cash account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Big Ridge's Cash and Short Term Debt is -0.15. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Big Ridge Gold, assuming nothing else is changed. The correlation between historical values of Big Ridge's Cash and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Big Ridge Gold are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Big Ridge's Cash and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Big Ridge Gold, which is listed under current asset account on Big Ridge Gold balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Big Ridge customers. The amounts must be unrestricted with restricted cash listed in a different Big Ridge 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.

Short Term Debt

Most indicators from Big Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Ridge Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Ridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Big Ridge's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 10.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 577 K in 2024.

Big Ridge fundamental ratios Correlations

-0.40.110.230.980.64-0.85-0.450.290.850.620.390.84-0.030.38-0.320.230.84-0.40.030.17-0.49-0.150.870.890.65
-0.40.60.0-0.39-0.560.150.45-0.08-0.15-0.48-0.95-0.18-0.19-0.07-0.16-0.01-0.231.00.35-0.27-0.290.7-0.04-0.07-0.06
0.110.60.330.04-0.14-0.310.120.250.31-0.08-0.510.27-0.020.09-0.450.310.190.60.52-0.22-0.50.730.20.20.16
0.230.00.330.030.33-0.09-0.620.990.090.40.020.030.160.63-0.361.00.00.00.88-0.4-0.640.53-0.010.01-0.28
0.98-0.390.040.030.58-0.86-0.330.090.850.540.370.86-0.070.27-0.260.030.86-0.39-0.150.25-0.38-0.270.90.920.72
0.64-0.56-0.140.330.58-0.24-0.840.380.240.980.660.2-0.070.76-0.240.370.16-0.560.24-0.21-0.55-0.370.330.43-0.07
-0.850.15-0.31-0.09-0.86-0.240.07-0.13-1.0-0.21-0.11-0.990.11-0.020.3-0.07-0.940.150.06-0.20.34-0.07-0.9-0.88-0.87
-0.450.450.12-0.62-0.33-0.840.07-0.66-0.07-0.83-0.46-0.010.13-0.890.43-0.660.020.45-0.460.430.60.19-0.13-0.20.33
0.29-0.080.250.990.090.38-0.13-0.660.130.440.090.070.170.63-0.340.990.05-0.080.84-0.36-0.620.470.030.05-0.25
0.85-0.150.310.090.850.24-1.0-0.070.130.210.110.99-0.110.02-0.30.070.94-0.15-0.060.2-0.340.070.910.890.87
0.62-0.48-0.080.40.540.98-0.21-0.830.440.210.60.18-0.070.79-0.230.440.13-0.480.34-0.2-0.61-0.270.290.4-0.11
0.39-0.95-0.510.020.370.66-0.11-0.460.090.110.60.130.140.140.110.040.17-0.95-0.230.190.19-0.620.020.070.0
0.84-0.180.270.030.860.2-0.99-0.010.070.990.180.13-0.05-0.05-0.240.010.96-0.18-0.140.33-0.260.020.890.860.89
-0.03-0.19-0.020.16-0.07-0.070.110.130.17-0.11-0.070.14-0.05-0.170.550.140.04-0.190.010.390.2-0.02-0.16-0.19-0.04
0.38-0.070.090.630.270.76-0.02-0.890.630.020.790.14-0.05-0.17-0.460.67-0.12-0.070.61-0.53-0.820.010.190.27-0.37
-0.32-0.16-0.45-0.36-0.26-0.240.30.43-0.34-0.3-0.230.11-0.240.55-0.46-0.37-0.22-0.16-0.40.340.53-0.32-0.26-0.29-0.02
0.23-0.010.311.00.030.37-0.07-0.660.990.070.440.040.010.140.67-0.37-0.02-0.010.88-0.42-0.660.5-0.020.01-0.31
0.84-0.230.190.00.860.16-0.940.020.050.940.130.170.960.04-0.12-0.22-0.02-0.23-0.190.39-0.160.010.860.830.92
-0.41.00.60.0-0.39-0.560.150.45-0.08-0.15-0.48-0.95-0.18-0.19-0.07-0.16-0.01-0.230.35-0.27-0.290.7-0.04-0.07-0.06
0.030.350.520.88-0.150.240.06-0.460.84-0.060.34-0.23-0.140.010.61-0.40.88-0.190.35-0.53-0.750.73-0.1-0.06-0.37
0.17-0.27-0.22-0.40.25-0.21-0.20.43-0.360.2-0.20.190.330.39-0.530.34-0.420.39-0.27-0.530.5-0.310.110.060.38
-0.49-0.29-0.5-0.64-0.38-0.550.340.6-0.62-0.34-0.610.19-0.260.2-0.820.53-0.66-0.16-0.29-0.750.5-0.42-0.46-0.520.0
-0.150.70.730.53-0.27-0.37-0.070.190.470.07-0.27-0.620.02-0.020.01-0.320.50.010.70.73-0.31-0.42-0.04-0.060.0
0.87-0.040.2-0.010.90.33-0.9-0.130.030.910.290.020.89-0.160.19-0.26-0.020.86-0.04-0.10.11-0.46-0.040.990.83
0.89-0.070.20.010.920.43-0.88-0.20.050.890.40.070.86-0.190.27-0.290.010.83-0.07-0.060.06-0.52-0.060.990.79
0.65-0.060.16-0.280.72-0.07-0.870.33-0.250.87-0.110.00.89-0.04-0.37-0.02-0.310.92-0.06-0.370.380.00.00.830.79
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Big Ridge Account Relationship Matchups

Big Ridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8M13.0M6.2M5.4M6.2M4.9M
Other Current Liab94.2K25K110.4K72.3K65.0K57.2K
Total Current Liabilities79.4K183.1K1.9M491.6K565.3K593.6K
Total Stockholder Equity4.7M12.8M4.0M4.8M5.5M4.6M
Net Debt(140.0K)(8.3M)(2.0M)(88.4K)(79.5K)(83.5K)
Retained Earnings(22.0M)(23.1M)(35.9M)(39.5M)(35.6M)(33.8M)
Accounts Payable54.4K183.1K1.8M419.3K482.2K506.3K
Cash140.0K8.3M2.0M88.4K101.6K96.6K
Cash And Short Term Investments394.4K8.8M2.1M95.9K110.3K104.7K
Net Receivables16.1K49.4K385.1K25.8K29.7K28.2K
Liabilities And Stockholders Equity4.8M13.0M6.2M5.4M6.2M4.9M
Total Liab79.4K185.3K2.2M641.7K738.0K774.9K
Total Current Assets2.7M8.9M2.5M123.4K141.9K134.8K
Short Term Investments254.3K530.6K94.0K7.5K6.8K6.4K
Other Current Assets8.2K7.8K41.9K1.7K1.5K1.5K
Net Tangible Assets3.2M4.7M12.8M4.0M4.6M5.9M
Net Invested Capital4.7M12.8M4.0M4.8M5.5M5.8M
Net Working Capital2.6M8.7M612.4K(368.2K)(331.4K)(314.8K)
Common Stock21.9M32.8M36.4M40.4M46.4M30.8M
Capital Stock21.9M32.8M36.4M40.4M46.4M33.7M

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