C29 Net Debt vs Net Receivables Analysis

C29 Stock

0.09 0 2.11%

C29 Metals financial indicator trend analysis is way more than just evaluating C29 Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether C29 Metals is a good investment. Please check the relationship between C29 Metals Net Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in C29 Metals. 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.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of C29 Metals Net Debt account and Net Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between C29 Metals' Net Debt and Net Receivables is -0.88. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of C29 Metals, assuming nothing else is changed. The correlation between historical values of C29 Metals' Net Debt 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 Debt of C29 Metals 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 Debt i.e., C29 Metals' Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from C29 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into C29 Metals 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 C29 Metals. 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.

Selling General Administrative is likely to drop to about 470.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 940.5 K in 2024

	2010	2022	2023	2024 (projected)
Interest Income	572.0	10.8K	12.4K	6.3K
Net Interest Income	572.0	10.8K	12.4K	6.3K

Interest Income Net Interest Income

C29 Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Total Current Assets	Cash And Equivalents	Common Stock	Property Plant Equipment	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital
Total Assets		0.67	0.79	1.0	0.98	0.83	-0.91	-0.88	0.82	0.91	0.98	0.91	0.92	0.77	0.97	0.78	0.79	0.92	0.98	0.98	0.97	0.85	-0.83	0.85	0.86	-0.84
Other Current Liab	0.67		0.96	0.65	0.72	0.32	-0.5	-0.63	0.92	0.49	0.72	0.49	0.85	0.3	0.76	0.39	0.96	0.5	0.74	0.65	0.79	0.74	-0.68	0.72	0.65	-0.82
Total Current Liabilities	0.79	0.96		0.77	0.79	0.49	-0.56	-0.79	0.99	0.55	0.86	0.55	0.87	0.54	0.83	0.57	1.0	0.57	0.82	0.8	0.89	0.9	-0.83	0.88	0.83	-0.94
Total Stockholder Equity	1.0	0.65	0.77		0.98	0.84	-0.92	-0.88	0.8	0.92	0.97	0.92	0.91	0.78	0.97	0.78	0.77	0.93	0.97	0.98	0.97	0.84	-0.82	0.84	0.85	-0.82
Net Tangible Assets	0.98	0.72	0.79	0.98		0.74	-0.94	-0.79	0.79	0.95	0.93	0.95	0.97	0.63	0.98	0.66	0.79	0.95	0.99	0.93	0.96	0.76	-0.74	0.76	0.75	-0.77
Property Plant And Equipment Net	0.83	0.32	0.49	0.84	0.74		-0.81	-0.9	0.56	0.77	0.81	0.77	0.63	0.84	0.8	0.96	0.49	0.78	0.69	0.84	0.72	0.69	-0.84	0.72	0.78	-0.67
Net Debt	-0.91	-0.5	-0.56	-0.92	-0.94	-0.81		0.71	-0.57	-0.99	-0.81	-0.99	-0.88	-0.55	-0.92	-0.66	-0.56	-0.99	-0.88	-0.83	-0.81	-0.56	0.63	-0.57	-0.6	0.57
Retained Earnings	-0.88	-0.63	-0.79	-0.88	-0.79	-0.9	0.71		-0.84	-0.68	-0.93	-0.68	-0.75	-0.87	-0.87	-0.95	-0.79	-0.69	-0.78	-0.93	-0.86	-0.92	0.99	-0.93	-0.95	0.92
Accounts Payable	0.82	0.92	0.99	0.8	0.79	0.56	-0.57	-0.84		0.56	0.9	0.56	0.84	0.64	0.84	0.65	0.99	0.58	0.83	0.85	0.92	0.95	-0.87	0.94	0.89	-0.98
Cash	0.91	0.49	0.55	0.92	0.95	0.77	-0.99	-0.68	0.56		0.81	1.0	0.88	0.55	0.91	0.61	0.55	1.0	0.9	0.83	0.82	0.56	-0.59	0.57	0.58	-0.55
Non Current Assets Total	0.98	0.72	0.86	0.97	0.93	0.81	-0.81	-0.93	0.9	0.81		0.81	0.88	0.84	0.94	0.81	0.86	0.83	0.95	1.0	0.99	0.94	-0.89	0.94	0.94	-0.93
Cash And Short Term Investments	0.91	0.49	0.55	0.92	0.95	0.77	-0.99	-0.68	0.56	1.0	0.81		0.88	0.55	0.91	0.61	0.55	1.0	0.9	0.83	0.82	0.56	-0.59	0.57	0.58	-0.55
Net Receivables	0.92	0.85	0.87	0.91	0.97	0.63	-0.88	-0.75	0.84	0.88	0.88	0.88		0.49	0.97	0.58	0.87	0.88	0.95	0.85	0.93	0.74	-0.73	0.74	0.7	-0.78
Common Stock Shares Outstanding	0.77	0.3	0.54	0.78	0.63	0.84	-0.55	-0.87	0.64	0.55	0.84	0.55	0.49		0.65	0.89	0.54	0.57	0.67	0.87	0.74	0.85	-0.83	0.87	0.92	-0.78
Inventory	0.97	0.76	0.83	0.97	0.98	0.8	-0.92	-0.87	0.84	0.91	0.94	0.91	0.97	0.65		0.75	0.83	0.92	0.95	0.93	0.95	0.8	-0.83	0.81	0.8	-0.82
Other Current Assets	0.78	0.39	0.57	0.78	0.66	0.96	-0.66	-0.95	0.65	0.61	0.81	0.61	0.58	0.89	0.75		0.57	0.63	0.63	0.83	0.71	0.79	-0.93	0.81	0.87	-0.77
Total Liab	0.79	0.96	1.0	0.77	0.79	0.49	-0.56	-0.79	0.99	0.55	0.86	0.55	0.87	0.54	0.83	0.57		0.57	0.82	0.8	0.89	0.9	-0.83	0.88	0.83	-0.94
Total Current Assets	0.92	0.5	0.57	0.93	0.95	0.78	-0.99	-0.69	0.58	1.0	0.83	1.0	0.88	0.57	0.92	0.63	0.57		0.91	0.84	0.83	0.58	-0.61	0.59	0.6	-0.57
Cash And Equivalents	0.98	0.74	0.82	0.97	0.99	0.69	-0.88	-0.78	0.83	0.9	0.95	0.9	0.95	0.67	0.95	0.63	0.82	0.91		0.94	0.98	0.81	-0.73	0.81	0.79	-0.81
Common Stock	0.98	0.65	0.8	0.98	0.93	0.84	-0.83	-0.93	0.85	0.83	1.0	0.83	0.85	0.87	0.93	0.83	0.8	0.84	0.94		0.97	0.92	-0.88	0.93	0.94	-0.9
Property Plant Equipment	0.97	0.79	0.89	0.97	0.96	0.72	-0.81	-0.86	0.92	0.82	0.99	0.82	0.93	0.74	0.95	0.71	0.89	0.83	0.98	0.97		0.91	-0.84	0.91	0.89	-0.91
Other Stockholder Equity	0.85	0.74	0.9	0.84	0.76	0.69	-0.56	-0.92	0.95	0.56	0.94	0.56	0.74	0.85	0.8	0.79	0.9	0.58	0.81	0.92	0.91		-0.93	1.0	0.99	-0.99
Net Invested Capital	-0.83	-0.68	-0.83	-0.82	-0.74	-0.84	0.63	0.99	-0.87	-0.59	-0.89	-0.59	-0.73	-0.83	-0.83	-0.93	-0.83	-0.61	-0.73	-0.88	-0.84	-0.93		-0.93	-0.95	0.94
Property Plant And Equipment Gross	0.85	0.72	0.88	0.84	0.76	0.72	-0.57	-0.93	0.94	0.57	0.94	0.57	0.74	0.87	0.81	0.81	0.88	0.59	0.81	0.93	0.91	1.0	-0.93		0.99	-0.99
Capital Stock	0.86	0.65	0.83	0.85	0.75	0.78	-0.6	-0.95	0.89	0.58	0.94	0.58	0.7	0.92	0.8	0.87	0.83	0.6	0.79	0.94	0.89	0.99	-0.95	0.99		-0.97
Net Working Capital	-0.84	-0.82	-0.94	-0.82	-0.77	-0.67	0.57	0.92	-0.98	-0.55	-0.93	-0.55	-0.78	-0.78	-0.82	-0.77	-0.94	-0.57	-0.81	-0.9	-0.91	-0.99	0.94	-0.99	-0.97

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C29 Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

C29 Metals fundamental ratios Correlations

C29 Metals Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Common Stock	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments

Net Working Capital	- 0.99	Property Plant And Equipment Gross
Net Working Capital	- 0.99	Other Stockholder Equity
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Working Capital	- 0.98	Accounts Payable