CCCM Retained Earnings vs Net Tangible Assets Analysis

CCCM Stock

CAD 0.25 0.01 4.17%

C3 Metals financial indicator trend analysis is way more than just evaluating C3 Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether C3 Metals is a good investment. Please check the relationship between C3 Metals Retained Earnings and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in C3 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 population.

Retained Earnings vs Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of C3 Metals Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between C3 Metals' Retained Earnings and Net Tangible Assets is -0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of C3 Metals, assuming nothing else is changed. The correlation between historical values of C3 Metals' Retained Earnings and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of C3 Metals are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., C3 Metals' Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from C3 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into C3 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 C3 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 population.

At this time, C3 Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 59.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

C3 Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Short Long Term Debt Total	Non Currrent Assets Other	Short Term Debt	Current Deferred Revenue	Other Liab	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Assets
Total Assets		0.3	-0.25	1.0	0.93	-0.64	-0.92	0.63	1.0	0.62	0.33	0.11	0.28	-0.29	-0.45	0.63	0.84	-0.35	0.1	0.27	-0.56	-0.63	1.0	1.0	1.0	-0.64
Other Current Liab	0.3		0.56	0.29	0.13	-0.65	-0.39	0.63	0.25	0.62	0.26	-0.32	0.33	-0.16	0.19	0.62	0.57	-0.46	0.48	0.38	0.02	-0.17	0.35	0.34	0.34	-0.17
Total Current Liabilities	-0.25	0.56		-0.27	-0.31	0.07	0.28	-0.02	-0.27	-0.02	-0.17	-0.31	0.54	0.32	0.84	0.01	0.22	0.15	0.18	-0.04	0.59	0.51	-0.21	-0.23	-0.2	0.53
Total Stockholder Equity	1.0	0.29	-0.27		0.93	-0.64	-0.92	0.63	1.0	0.63	0.33	0.11	0.27	-0.31	-0.47	0.63	0.83	-0.37	0.1	0.28	-0.58	-0.64	1.0	1.0	1.0	-0.65
Property Plant And Equipment Net	0.93	0.13	-0.31	0.93		-0.36	-0.77	0.34	0.96	0.33	0.08	0.09	0.06	-0.18	-0.41	0.33	0.74	-0.26	-0.26	0.28	-0.44	-0.49	0.91	0.92	0.92	-0.49
Net Debt	-0.64	-0.65	0.07	-0.64	-0.36		0.81	-0.98	-0.57	-0.98	-0.59	0.02	-0.35	0.46	0.43	-0.98	-0.64	0.55	-0.69	-0.25	0.53	0.66	-0.68	-0.67	-0.65	0.73
Retained Earnings	-0.92	-0.39	0.28	-0.92	-0.77	0.81		-0.79	-0.89	-0.79	-0.37	-0.1	-0.27	0.47	0.58	-0.78	-0.77	0.5	-0.31	-0.28	0.71	0.79	-0.93	-0.94	-0.91	0.83
Cash	0.63	0.63	-0.02	0.63	0.34	-0.98	-0.79		0.56	1.0	0.57	0.01	0.47	-0.38	-0.34	1.0	0.66	-0.45	0.72	0.18	-0.52	-0.61	0.67	0.66	0.64	-0.68
Non Current Assets Total	1.0	0.25	-0.27	1.0	0.96	-0.57	-0.89	0.56		0.55	0.28	0.11	0.24	-0.27	-0.44	0.56	0.81	-0.33	0.02	0.27	-0.54	-0.6	0.99	0.99	0.99	-0.61
Cash And Short Term Investments	0.62	0.62	-0.02	0.63	0.33	-0.98	-0.79	1.0	0.55		0.57	0.01	0.47	-0.38	-0.34	1.0	0.66	-0.45	0.73	0.18	-0.52	-0.61	0.67	0.65	0.64	-0.68
Net Receivables	0.33	0.26	-0.17	0.33	0.08	-0.59	-0.37	0.57	0.28	0.57		0.1	0.43	-0.21	-0.28	0.59	0.23	-0.28	0.72	0.06	-0.2	-0.31	0.36	0.33	0.36	-0.3
Common Stock Shares Outstanding	0.11	-0.32	-0.31	0.11	0.09	0.02	-0.1	0.01	0.11	0.01	0.1		0.05	-0.32	-0.3	0.01	-0.04	-0.05	0.0	-0.03	-0.46	-0.36	0.09	0.08	0.08	-0.19
Other Current Assets	0.28	0.33	0.54	0.27	0.06	-0.35	-0.27	0.47	0.24	0.47	0.43	0.05		0.17	0.39	0.51	0.54	0.14	0.58	-0.15	0.05	0.07	0.32	0.29	0.33	0.02
Other Stockholder Equity	-0.29	-0.16	0.32	-0.31	-0.18	0.46	0.47	-0.38	-0.27	-0.38	-0.21	-0.32	0.17		0.72	-0.36	-0.2	0.85	-0.22	-0.42	0.62	0.87	-0.31	-0.33	-0.27	0.68
Total Liab	-0.45	0.19	0.84	-0.47	-0.41	0.43	0.58	-0.34	-0.44	-0.34	-0.28	-0.3	0.39	0.72		-0.32	-0.06	0.62	-0.05	-0.36	0.74	0.82	-0.44	-0.46	-0.41	0.83
Total Current Assets	0.63	0.62	0.01	0.63	0.33	-0.98	-0.78	1.0	0.56	1.0	0.59	0.01	0.51	-0.36	-0.32		0.67	-0.43	0.74	0.17	-0.5	-0.59	0.67	0.65	0.64	-0.67
Accounts Payable	0.84	0.57	0.22	0.83	0.74	-0.64	-0.77	0.66	0.81	0.66	0.23	-0.04	0.54	-0.2	-0.06	0.67		-0.31	0.17	0.18	-0.28	-0.42	0.85	0.85	0.84	-0.41
Short Long Term Debt Total	-0.35	-0.46	0.15	-0.37	-0.26	0.55	0.5	-0.45	-0.33	-0.45	-0.28	-0.05	0.14	0.85	0.62	-0.43	-0.31		-0.22	-0.68	0.38	0.7	-0.39	-0.4	-0.36	0.63
Non Currrent Assets Other	0.1	0.48	0.18	0.1	-0.26	-0.69	-0.31	0.72	0.02	0.73	0.72	0.0	0.58	-0.22	-0.05	0.74	0.17	-0.22		-0.03	-0.24	-0.28	0.16	0.12	0.14	-0.32
Short Term Debt	0.27	0.38	-0.04	0.28	0.28	-0.25	-0.28	0.18	0.27	0.18	0.06	-0.03	-0.15	-0.42	-0.36	0.17	0.18	-0.68	-0.03		-0.26	-0.3	0.3	0.3	0.29	-0.29
Current Deferred Revenue	-0.56	0.02	0.59	-0.58	-0.44	0.53	0.71	-0.52	-0.54	-0.52	-0.2	-0.46	0.05	0.62	0.74	-0.5	-0.28	0.38	-0.24	-0.26		0.87	-0.56	-0.57	-0.53	0.75
Other Liab	-0.63	-0.17	0.51	-0.64	-0.49	0.66	0.79	-0.61	-0.6	-0.61	-0.31	-0.36	0.07	0.87	0.82	-0.59	-0.42	0.7	-0.28	-0.3	0.87		-0.63	-0.65	-0.6	0.86
Net Tangible Assets	1.0	0.35	-0.21	1.0	0.91	-0.68	-0.93	0.67	0.99	0.67	0.36	0.09	0.32	-0.31	-0.44	0.67	0.85	-0.39	0.16	0.3	-0.56	-0.63		1.0	1.0	-0.65
Common Stock	1.0	0.34	-0.23	1.0	0.92	-0.67	-0.94	0.66	0.99	0.65	0.33	0.08	0.29	-0.33	-0.46	0.65	0.85	-0.4	0.12	0.3	-0.57	-0.65	1.0		1.0	-0.67
Property Plant Equipment	1.0	0.34	-0.2	1.0	0.92	-0.65	-0.91	0.64	0.99	0.64	0.36	0.08	0.33	-0.27	-0.41	0.64	0.84	-0.36	0.14	0.29	-0.53	-0.6	1.0	1.0		-0.62
Other Assets	-0.64	-0.17	0.53	-0.65	-0.49	0.73	0.83	-0.68	-0.61	-0.68	-0.3	-0.19	0.02	0.68	0.83	-0.67	-0.41	0.63	-0.32	-0.29	0.75	0.86	-0.65	-0.67	-0.62

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C3 Metals Account Relationship Matchups

C3 Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.5M	28.2M	49.5M	55.3M	63.6M	66.8M
Other Current Liab	377.7K	1.1M	1.0M	482.1K	554.5K	543.9K
Total Current Liabilities	377.7K	1.1M	1.0M	482.1K	433.9K	591.0K
Total Stockholder Equity	22.1M	27.0M	48.5M	54.9M	63.1M	66.2M
Property Plant And Equipment Net	13.5M	11.5M	17.8M	51.6M	59.4M	62.3M
Net Debt	(3.2M)	(5.8M)	(7.3M)	(2.8M)	(2.5M)	(2.4M)
Retained Earnings	(10.1M)	(15.6M)	(19.5M)	(20.4M)	(18.3M)	(17.4M)
Cash	3.2M	5.8M	7.3M	2.8M	3.3M	2.1M
Non Current Assets Total	19.0M	21.9M	41.3M	52.2M	60.0M	63.0M
Cash And Short Term Investments	3.4M	6.0M	7.6M	2.9M	3.3M	2.1M
Net Receivables	13.2K	35.7K	171.0K	37.6K	43.3K	54.5K
Common Stock Shares Outstanding	20.1M	32.2M	43.6M	48.1M	55.3M	48.1M
Liabilities And Stockholders Equity	22.5M	28.2M	49.5M	55.3M	63.6M	66.8M
Other Current Assets	18.9K	215.1K	476.7K	154.6K	177.8K	170.9K
Other Stockholder Equity	3.3M	4.1M	5.3M	5.9M	5.4M	5.3M
Total Liab	377.7K	1.1M	1.0M	482.1K	433.9K	855.8K
Total Current Assets	3.5M	6.3M	8.3M	3.1M	3.6M	2.4M
Accounts Payable	133.7K	356.7K	1.1M	991.5K	1.1M	1.2M
Non Currrent Assets Other	5.5M	10.4M	23.4M	573.8K	659.9K	626.9K
Accumulated Other Comprehensive Income	(772.9K)	(1.3M)	84.0K	1.9M	2.1M	2.2M
Net Tangible Assets	11.4M	22.1M	27.0M	48.5M	55.8M	58.6M
Common Stock	29.7M	39.9M	62.6M	67.4M	77.6M	81.4M
Property Plant Equipment	11.3M	19.0M	21.9M	41.3M	47.4M	49.8M
Net Invested Capital	22.1M	27.0M	48.5M	54.9M	63.1M	66.2M
Net Working Capital	3.1M	5.1M	7.3M	2.6M	3.0M	3.1M
Capital Stock	29.7M	39.9M	62.6M	67.4M	77.6M	43.4M
Short Term Investments	199.5K	127.8K	326.5K	53.1K	61.1K	58.0K

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