Bluestone Other Assets vs Non Current Liabilities Total Analysis

BSR Stock  CAD 0.32  0.01  3.23%   
Bluestone Resources financial indicator trend analysis is way more than just evaluating Bluestone Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bluestone Resources is a good investment. Please check the relationship between Bluestone Resources Other Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluestone Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Assets vs Non Current Liabilities Total

Other Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bluestone Resources Other Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bluestone Resources' Other Assets and Non Current Liabilities Total is 0.11. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Bluestone Resources, assuming nothing else is changed. The correlation between historical values of Bluestone Resources' Other Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Bluestone Resources are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Assets i.e., Bluestone Resources' Other Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Non Current Liabilities Total

Most indicators from Bluestone Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bluestone Resources 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 Bluestone Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to climb to about 79 M in 2024, whereas Selling General Administrative is likely to drop 972.86 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation320.0K322.6K274.5K280.5K
Interest Income364.9K132.8K138.6K229.7K

Bluestone Resources fundamental ratios Correlations

0.94-0.540.710.710.720.90.66-0.780.590.850.750.960.020.790.90.860.550.810.820.370.750.780.350.470.98
0.94-0.780.870.870.880.80.51-0.550.650.650.490.850.160.540.720.880.640.820.630.420.540.770.160.160.98
-0.54-0.78-0.96-0.96-0.96-0.30.02-0.03-0.48-0.090.09-0.44-0.370.08-0.13-0.55-0.62-0.48-0.08-0.190.05-0.560.250.4-0.68
0.710.87-0.961.01.00.480.12-0.20.480.30.160.640.320.160.330.620.670.560.270.150.140.67-0.06-0.150.82
0.710.87-0.961.01.00.480.13-0.20.480.310.160.640.320.170.340.620.670.560.280.150.150.68-0.06-0.150.82
0.720.88-0.961.01.00.490.14-0.210.490.320.170.650.320.180.340.620.680.570.290.160.160.68-0.05-0.140.83
0.90.8-0.30.480.480.490.81-0.910.430.930.790.88-0.10.860.910.740.420.650.850.330.890.790.50.60.85
0.660.510.020.120.130.140.81-0.810.320.80.620.62-0.20.770.810.670.30.480.750.460.880.590.250.530.54
-0.78-0.55-0.03-0.2-0.2-0.21-0.91-0.81-0.24-0.99-0.93-0.830.22-0.97-0.92-0.55-0.23-0.45-0.88-0.18-0.96-0.67-0.62-0.84-0.66
0.590.65-0.480.480.480.490.430.32-0.240.330.270.550.220.310.490.840.340.790.410.590.180.32-0.02-0.170.6
0.850.65-0.090.30.310.320.930.8-0.990.330.920.88-0.220.970.950.650.280.540.90.240.950.730.520.790.74
0.750.490.090.160.160.170.790.62-0.930.270.920.83-0.240.980.910.490.160.520.860.110.840.490.680.890.64
0.960.85-0.440.640.640.650.880.62-0.830.550.880.830.110.840.890.760.570.70.80.190.740.720.450.550.92
0.020.16-0.370.320.320.32-0.1-0.20.220.22-0.22-0.240.11-0.25-0.170.040.58-0.02-0.26-0.16-0.27-0.2-0.1-0.380.09
0.790.540.080.160.170.180.860.77-0.970.310.970.980.84-0.250.960.580.210.550.90.210.920.560.620.870.66
0.90.72-0.130.330.340.340.910.81-0.920.490.950.910.89-0.170.960.780.330.730.920.40.910.630.50.720.8
0.860.88-0.550.620.620.620.740.67-0.550.840.650.490.760.040.580.780.470.890.690.680.580.650.030.130.85
0.550.64-0.620.670.670.680.420.3-0.230.340.280.160.570.580.210.330.470.390.230.050.20.360.0-0.070.59
0.810.82-0.480.560.560.570.650.48-0.450.790.540.520.7-0.020.550.730.890.390.650.620.450.410.160.180.82
0.820.63-0.080.270.280.290.850.75-0.880.410.90.860.8-0.260.90.920.690.230.650.530.860.620.50.710.72
0.370.42-0.190.150.150.160.330.46-0.180.590.240.110.19-0.160.210.40.680.050.620.530.290.24-0.11-0.080.35
0.750.540.050.140.150.160.890.88-0.960.180.950.840.74-0.270.920.910.580.20.450.860.290.650.480.810.62
0.780.77-0.560.670.680.680.790.59-0.670.320.730.490.72-0.20.560.630.650.360.410.620.240.650.160.310.77
0.350.160.25-0.06-0.06-0.050.50.25-0.62-0.020.520.680.45-0.10.620.50.030.00.160.5-0.110.480.160.690.28
0.470.160.4-0.15-0.15-0.140.60.53-0.84-0.170.790.890.55-0.380.870.720.13-0.070.180.71-0.080.810.310.690.33
0.980.98-0.680.820.820.830.850.54-0.660.60.740.640.920.090.660.80.850.590.820.720.350.620.770.280.33
Click cells to compare fundamentals

Bluestone Resources Account Relationship Matchups

Bluestone Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.6M87.0M73.1M58.0M54.3M57.1M
Total Stockholder Equity27.3M73.7M55.3M34.5M26.9M17.5M
Net Debt(2.9M)(49.3M)(18.3M)4.3M11.4M12.0M
Cash3.0M49.3M18.3M1.7M606.6K576.3K
Cash And Short Term Investments3.1M49.6M18.5M1.9M708.6K673.2K
Liabilities And Stockholders Equity40.6M87.0M73.1M58.0M54.3M57.1M
Total Current Assets3.5M50.5M19.0M2.4M1.2M1.1M
Common Stock96.1M168.7M178.7M179.9M180.0M95.7M
Total Current Liabilities3.6M3.0M4.8M11.2M3.7M3.9M
Retained Earnings(85.8M)(116.5M)(145.7M)(168.4M)(176.8M)(167.9M)
Accounts Payable1.9M1.1M470.3K462.9K176.0K167.2K
Common Stock Shares Outstanding63.8M78.0M122.6M148.9M151.5M159.1M
Non Current Liabilities Total9.7M10.4M13.0M12.3M23.7M24.9M
Other Current Assets216.6K412.1K253.0K231.3K292.0K306.6K
Other Stockholder Equity17.1M21.5M(0.76)(0.82)(0.21)(0.2)
Total Liab13.3M13.4M17.8M23.4M27.4M28.8M
Non Current Assets Total37.1M36.5M54.1M55.5M53.2M55.9M
Non Currrent Assets Other1.8M1.7M1.8M1.7M450.6K754.5K
Net Receivables77.8K373.5K87.9K207.5K76.0K72.2K
Inventory89.5K81.0K89.2K71.0K78.2K41.6K
Property Plant And Equipment Net35.3M34.8M52.3M53.8M52.7M55.4M
Accumulated Other Comprehensive Income17.1M21.5M22.4M23.1M23.7M24.8M
Other Current Liab1.6M1.8M4.4M4.7M3.5M3.7M
Net Tangible Assets27.3M73.7M55.3M34.5M39.7M31.6M
Property Plant Equipment35.3M34.8M52.3M53.8M61.8M64.9M
Other Liab9.6M10.4M13.0M12.3M14.1M11.2M
Net Invested Capital27.3M73.7M55.3M40.5M38.9M37.3M
Net Working Capital(122.5K)47.5M14.1M(8.7M)(2.5M)(2.4M)
Capital Stock96.1M168.7M178.7M179.9M180.0M162.2M

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