Big Net Working Capital vs Net Receivables 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 Net Working Capital and its Net Receivables 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.

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Ridge Gold Net Working Capital account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Big Ridge's Net Working Capital and Net Receivables is -0.04. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Receivables 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 Net Working Capital and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Big Ridge Gold are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Working Capital i.e., Big Ridge's Net Working Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Net Receivables

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Current Liabilities Total	Short Term Investments	Inventory	Other Current Assets	Net Tangible Assets	Net Invested Capital	Net Working Capital
Total Assets		-0.4	0.11	0.23	0.98	0.64	-0.85	-0.45	0.29	0.85	0.62	0.39	0.84	-0.03	0.38	-0.32	0.23	0.84	-0.4	0.03	0.17	-0.49	-0.15	0.87	0.89	0.65
Short Long Term Debt Total	-0.4		0.6	0.0	-0.39	-0.56	0.15	0.45	-0.08	-0.15	-0.48	-0.95	-0.18	-0.19	-0.07	-0.16	-0.01	-0.23	1.0	0.35	-0.27	-0.29	0.7	-0.04	-0.07	-0.06
Other Current Liab	0.11	0.6		0.33	0.04	-0.14	-0.31	0.12	0.25	0.31	-0.08	-0.51	0.27	-0.02	0.09	-0.45	0.31	0.19	0.6	0.52	-0.22	-0.5	0.73	0.2	0.2	0.16
Total Current Liabilities	0.23	0.0	0.33		0.03	0.33	-0.09	-0.62	0.99	0.09	0.4	0.02	0.03	0.16	0.63	-0.36	1.0	0.0	0.0	0.88	-0.4	-0.64	0.53	-0.01	0.01	-0.28
Total Stockholder Equity	0.98	-0.39	0.04	0.03		0.58	-0.86	-0.33	0.09	0.85	0.54	0.37	0.86	-0.07	0.27	-0.26	0.03	0.86	-0.39	-0.15	0.25	-0.38	-0.27	0.9	0.92	0.72
Property Plant And Equipment Net	0.64	-0.56	-0.14	0.33	0.58		-0.24	-0.84	0.38	0.24	0.98	0.66	0.2	-0.07	0.76	-0.24	0.37	0.16	-0.56	0.24	-0.21	-0.55	-0.37	0.33	0.43	-0.07
Net Debt	-0.85	0.15	-0.31	-0.09	-0.86	-0.24		0.07	-0.13	-1.0	-0.21	-0.11	-0.99	0.11	-0.02	0.3	-0.07	-0.94	0.15	0.06	-0.2	0.34	-0.07	-0.9	-0.88	-0.87
Retained Earnings	-0.45	0.45	0.12	-0.62	-0.33	-0.84	0.07		-0.66	-0.07	-0.83	-0.46	-0.01	0.13	-0.89	0.43	-0.66	0.02	0.45	-0.46	0.43	0.6	0.19	-0.13	-0.2	0.33
Accounts Payable	0.29	-0.08	0.25	0.99	0.09	0.38	-0.13	-0.66		0.13	0.44	0.09	0.07	0.17	0.63	-0.34	0.99	0.05	-0.08	0.84	-0.36	-0.62	0.47	0.03	0.05	-0.25
Cash	0.85	-0.15	0.31	0.09	0.85	0.24	-1.0	-0.07	0.13		0.21	0.11	0.99	-0.11	0.02	-0.3	0.07	0.94	-0.15	-0.06	0.2	-0.34	0.07	0.91	0.89	0.87
Non Current Assets Total	0.62	-0.48	-0.08	0.4	0.54	0.98	-0.21	-0.83	0.44	0.21		0.6	0.18	-0.07	0.79	-0.23	0.44	0.13	-0.48	0.34	-0.2	-0.61	-0.27	0.29	0.4	-0.11
Non Currrent Assets Other	0.39	-0.95	-0.51	0.02	0.37	0.66	-0.11	-0.46	0.09	0.11	0.6		0.13	0.14	0.14	0.11	0.04	0.17	-0.95	-0.23	0.19	0.19	-0.62	0.02	0.07	0.0
Cash And Short Term Investments	0.84	-0.18	0.27	0.03	0.86	0.2	-0.99	-0.01	0.07	0.99	0.18	0.13		-0.05	-0.05	-0.24	0.01	0.96	-0.18	-0.14	0.33	-0.26	0.02	0.89	0.86	0.89
Net Receivables	-0.03	-0.19	-0.02	0.16	-0.07	-0.07	0.11	0.13	0.17	-0.11	-0.07	0.14	-0.05		-0.17	0.55	0.14	0.04	-0.19	0.01	0.39	0.2	-0.02	-0.16	-0.19	-0.04
Common Stock Shares Outstanding	0.38	-0.07	0.09	0.63	0.27	0.76	-0.02	-0.89	0.63	0.02	0.79	0.14	-0.05	-0.17		-0.46	0.67	-0.12	-0.07	0.61	-0.53	-0.82	0.01	0.19	0.27	-0.37
Other Stockholder Equity	-0.32	-0.16	-0.45	-0.36	-0.26	-0.24	0.3	0.43	-0.34	-0.3	-0.23	0.11	-0.24	0.55	-0.46		-0.37	-0.22	-0.16	-0.4	0.34	0.53	-0.32	-0.26	-0.29	-0.02
Total Liab	0.23	-0.01	0.31	1.0	0.03	0.37	-0.07	-0.66	0.99	0.07	0.44	0.04	0.01	0.14	0.67	-0.37		-0.02	-0.01	0.88	-0.42	-0.66	0.5	-0.02	0.01	-0.31
Total Current Assets	0.84	-0.23	0.19	0.0	0.86	0.16	-0.94	0.02	0.05	0.94	0.13	0.17	0.96	0.04	-0.12	-0.22	-0.02		-0.23	-0.19	0.39	-0.16	0.01	0.86	0.83	0.92
Short Term Debt	-0.4	1.0	0.6	0.0	-0.39	-0.56	0.15	0.45	-0.08	-0.15	-0.48	-0.95	-0.18	-0.19	-0.07	-0.16	-0.01	-0.23		0.35	-0.27	-0.29	0.7	-0.04	-0.07	-0.06
Non Current Liabilities Total	0.03	0.35	0.52	0.88	-0.15	0.24	0.06	-0.46	0.84	-0.06	0.34	-0.23	-0.14	0.01	0.61	-0.4	0.88	-0.19	0.35		-0.53	-0.75	0.73	-0.1	-0.06	-0.37
Short Term Investments	0.17	-0.27	-0.22	-0.4	0.25	-0.21	-0.2	0.43	-0.36	0.2	-0.2	0.19	0.33	0.39	-0.53	0.34	-0.42	0.39	-0.27	-0.53		0.5	-0.31	0.11	0.06	0.38
Inventory	-0.49	-0.29	-0.5	-0.64	-0.38	-0.55	0.34	0.6	-0.62	-0.34	-0.61	0.19	-0.26	0.2	-0.82	0.53	-0.66	-0.16	-0.29	-0.75	0.5		-0.42	-0.46	-0.52	0.0
Other Current Assets	-0.15	0.7	0.73	0.53	-0.27	-0.37	-0.07	0.19	0.47	0.07	-0.27	-0.62	0.02	-0.02	0.01	-0.32	0.5	0.01	0.7	0.73	-0.31	-0.42		-0.04	-0.06	0.0
Net Tangible Assets	0.87	-0.04	0.2	-0.01	0.9	0.33	-0.9	-0.13	0.03	0.91	0.29	0.02	0.89	-0.16	0.19	-0.26	-0.02	0.86	-0.04	-0.1	0.11	-0.46	-0.04		0.99	0.83
Net Invested Capital	0.89	-0.07	0.2	0.01	0.92	0.43	-0.88	-0.2	0.05	0.89	0.4	0.07	0.86	-0.19	0.27	-0.29	0.01	0.83	-0.07	-0.06	0.06	-0.52	-0.06	0.99		0.79
Net Working Capital	0.65	-0.06	0.16	-0.28	0.72	-0.07	-0.87	0.33	-0.25	0.87	-0.11	0.0	0.89	-0.04	-0.37	-0.02	-0.31	0.92	-0.06	-0.37	0.38	0.0	0.0	0.83	0.79

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Big Ridge Account Relationship Matchups

Big Ridge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8M	13.0M	6.2M	5.4M	6.2M	4.9M
Other Current Liab	94.2K	25K	110.4K	72.3K	65.0K	57.2K
Total Current Liabilities	79.4K	183.1K	1.9M	491.6K	565.3K	593.6K
Total Stockholder Equity	4.7M	12.8M	4.0M	4.8M	5.5M	4.6M
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 Payable	54.4K	183.1K	1.8M	419.3K	482.2K	506.3K
Cash	140.0K	8.3M	2.0M	88.4K	101.6K	96.6K
Cash And Short Term Investments	394.4K	8.8M	2.1M	95.9K	110.3K	104.7K
Net Receivables	16.1K	49.4K	385.1K	25.8K	29.7K	28.2K
Liabilities And Stockholders Equity	4.8M	13.0M	6.2M	5.4M	6.2M	4.9M
Total Liab	79.4K	185.3K	2.2M	641.7K	738.0K	774.9K
Total Current Assets	2.7M	8.9M	2.5M	123.4K	141.9K	134.8K
Short Term Investments	254.3K	530.6K	94.0K	7.5K	6.8K	6.4K
Other Current Assets	8.2K	7.8K	41.9K	1.7K	1.5K	1.5K
Net Tangible Assets	3.2M	4.7M	12.8M	4.0M	4.6M	5.9M
Net Invested Capital	4.7M	12.8M	4.0M	4.8M	5.5M	5.8M
Net Working Capital	2.6M	8.7M	612.4K	(368.2K)	(331.4K)	(314.8K)
Common Stock	21.9M	32.8M	36.4M	40.4M	46.4M	30.8M
Capital Stock	21.9M	32.8M	36.4M	40.4M	46.4M	33.7M

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