Commerce Short Long Term Debt Total vs Common Stock Shares Outstanding Analysis
CCE Stock | CAD 0.08 0.00 0.00% |
Commerce Resources financial indicator trend analysis is way more than just evaluating Commerce Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commerce Resources Corp is a good investment. Please check the relationship between Commerce Resources Short Long Term Debt Total and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Resources Corp. 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.
Short Long Term Debt Total vs Common Stock Shares Outstanding
Short Long Term Debt Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Resources Corp Short Long Term Debt Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Commerce Resources' Short Long Term Debt Total and Common Stock Shares Outstanding is -0.17. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Commerce Resources Corp, assuming nothing else is changed. The correlation between historical values of Commerce Resources' Short Long Term Debt Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Commerce Resources Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Long Term Debt Total i.e., Commerce Resources' Short Long Term Debt Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Commerce Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerce Resources Corp 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 Commerce Resources Corp. 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 climb to about 1.3 M in 2024, despite the fact that Tax Provision is likely to grow to (389.5 K).
Commerce Resources fundamental ratios Correlations
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Commerce Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Commerce Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.8M | 71.2M | 73.2M | 77.3M | 88.9M | 47.7M | |
Other Current Liab | 106.0K | 64.8K | 27.9K | 425.0K | 488.8K | 456.9K | |
Total Current Liabilities | 1.1M | 982.5K | 1.5M | 476.4K | 547.9K | 520.5K | |
Total Stockholder Equity | 62.7M | 70.2M | 71.6M | 76.7M | 88.2M | 46.5M | |
Property Plant And Equipment Net | 62.4M | 66.4M | 71.3M | 380.4K | 437.5K | 415.6K | |
Net Debt | (1.1M) | (3.3M) | (364.8K) | (3.8M) | (4.4M) | (4.6M) | |
Retained Earnings | (35.0M) | (35.5M) | (36.2M) | (37.9M) | (34.1M) | (32.4M) | |
Accounts Payable | 995.9K | 917.7K | 1.3M | 368.6K | 423.9K | 776.0K | |
Cash | 1.1M | 3.3M | 513.8K | 4.0M | 3.6M | 3.0M | |
Non Current Assets Total | 62.4M | 66.5M | 71.4M | 72.8M | 83.8M | 87.9M | |
Cash And Short Term Investments | 1.1M | 3.3M | 545.8K | 4.0M | 3.6M | 3.3M | |
Net Receivables | 36.2K | 307.1K | 567.3K | 35.5K | 32.0K | 30.4K | |
Common Stock Shares Outstanding | 45.2M | 75.0M | 90.4M | 98.9M | 113.8M | 119.5M | |
Liabilities And Stockholders Equity | 63.8M | 71.2M | 73.2M | 77.3M | 88.9M | 47.7M | |
Other Stockholder Equity | 9.6M | 231.4K | 10.1M | 89.5K | 80.5K | 76.5K | |
Total Liab | 1.1M | 982.5K | 1.6M | 571.0K | 656.7K | 1.3M | |
Total Current Assets | 1.4M | 4.7M | 1.8M | 4.5M | 4.0M | 4.3M | |
Short Term Investments | 40.3K | 52.9K | 32.0K | 28.6K | 32.9K | 31.3K | |
Non Current Liabilities Total | 995.9K | 0.0 | 121.8K | 94.6K | 85.1K | 80.9K | |
Accumulated Other Comprehensive Income | 9.6M | 10.1M | 10.4M | 11.0M | 12.7M | 13.3M | |
Other Current Assets | 272.6K | 1.1M | 708.2K | 432.3K | 497.2K | 310.4K | |
Net Tangible Assets | 61.9M | 62.7M | 70.2M | 71.6M | 82.3M | 67.1M | |
Common Stock | 87.9M | 95.6M | 97.3M | 103.6M | 119.1M | 94.3M | |
Property Plant Equipment | 61.8M | 62.4M | 66.4M | 71.3M | 82.0M | 66.3M | |
Net Invested Capital | 62.7M | 70.2M | 71.6M | 76.7M | 88.2M | 72.9M | |
Net Working Capital | 300.0K | 3.7M | 346.3K | 4.0M | 4.6M | 4.8M | |
Capital Stock | 87.9M | 95.6M | 97.3M | 103.6M | 119.1M | 101.7M |
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When running Commerce Resources' price analysis, check to measure Commerce Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.