Big Total Current Liabilities vs Retained Earnings Analysis

BRAU Stock

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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 Total Current Liabilities and its Retained Earnings 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.

Total Current Liabilities vs Retained Earnings

Total Current Liabilities vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Ridge Gold Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Big Ridge's Total Current Liabilities and Retained Earnings is -0.62. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings 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 Total Current Liabilities and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Big Ridge Gold are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Big Ridge's Total Current Liabilities and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Big Ridge balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Big Ridge Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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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