Commerce Stock Based Compensation vs Other Non Cash Items 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 Stock Based Compensation and its Other Non Cash Items 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.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Resources Corp Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Commerce Resources' Stock Based Compensation and Other Non Cash Items is 0.12. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items 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' Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Commerce Resources Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Commerce Resources' Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

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

	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	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Net Tangible Assets	Other Assets	Long Term Investments
Total Assets		0.26	0.07	0.17	1.0	0.24	-0.4	-0.91	0.34	0.46	0.83	0.3	0.34	-0.12	0.56	-0.11	0.17	0.24	-0.84	-0.03	-0.01	-0.04	0.52	0.73	-0.63	-0.43
Short Long Term Debt Total	0.26		0.19	0.55	0.24	0.77	0.29	-0.5	0.67	-0.32	0.34	-0.43	-0.14	0.19	-0.17	0.25	0.59	0.04	-0.67	0.17	0.41	0.11	0.01	-0.22	-0.12	-0.03
Other Current Liab	0.07	0.19		0.71	0.04	0.08	0.19	-0.03	0.33	-0.23	0.06	-0.03	0.0	-0.01	-0.29	0.19	0.73	-0.07	-0.23	0.29	0.57	0.02	-0.49	-0.22	0.06	0.24
Total Current Liabilities	0.17	0.55	0.71		0.14	0.67	0.57	-0.21	0.84	-0.58	0.06	-0.52	-0.46	0.04	-0.4	0.25	0.96	-0.39	-0.32	0.01	0.8	0.38	-0.24	-0.23	-0.2	0.0
Total Stockholder Equity	1.0	0.24	0.04	0.14		0.22	-0.42	-0.91	0.31	0.48	0.83	0.31	0.36	-0.12	0.57	-0.12	0.14	0.26	-0.83	-0.03	-0.03	-0.04	0.53	0.74	-0.62	-0.43
Property Plant And Equipment Net	0.24	0.77	0.08	0.67	0.22		0.63	-0.33	0.7	-0.57	0.02	-0.81	-0.39	0.08	-0.43	0.17	0.57	-0.28	-0.38	0.12	0.55	0.6	0.08	-0.23	-0.15	-0.09
Net Debt	-0.4	0.29	0.19	0.57	-0.42	0.63		0.38	0.37	-0.97	-0.62	-0.88	-0.75	0.21	-0.86	0.28	0.43	-0.57	0.27	0.06	0.65	0.7	-0.55	-0.72	0.31	0.21
Retained Earnings	-0.91	-0.5	-0.03	-0.21	-0.91	-0.33	0.38		-0.49	-0.4	-0.91	-0.27	-0.27	0.2	-0.58	0.18	-0.27	-0.15	0.9	0.09	-0.09	0.13	-0.49	-0.66	0.74	0.5
Accounts Payable	0.34	0.67	0.33	0.84	0.31	0.7	0.37	-0.49		-0.4	0.36	-0.36	-0.51	-0.01	-0.05	0.14	0.87	-0.41	-0.48	-0.31	0.65	0.15	0.09	0.05	-0.54	-0.3
Cash	0.46	-0.32	-0.23	-0.58	0.48	-0.57	-0.97	-0.4	-0.4		0.57	0.8	0.78	-0.21	0.82	-0.28	-0.48	0.59	-0.26	-0.04	-0.67	-0.52	0.63	0.73	-0.31	-0.22
Non Current Assets Total	0.83	0.34	0.06	0.06	0.83	0.02	-0.62	-0.91	0.36	0.57		0.57	0.38	-0.23	0.78	-0.24	0.2	0.24	-0.84	-0.13	-0.08	-0.51	0.48	0.77	-0.71	-0.46
Non Currrent Assets Other	0.3	-0.43	-0.03	-0.52	0.31	-0.81	-0.88	-0.27	-0.36	0.8	0.57		0.54	-0.2	0.82	-0.29	-0.35	0.37	-0.18	-0.18	-0.5	-0.79	0.22	0.64	-0.3	-0.21
Cash And Short Term Investments	0.34	-0.14	0.0	-0.46	0.36	-0.39	-0.75	-0.27	-0.51	0.78	0.38	0.54		-0.19	0.5	-0.19	-0.4	0.75	-0.27	0.6	-0.6	-0.36	0.38	0.46	0.06	0.12
Net Receivables	-0.12	0.19	-0.01	0.04	-0.12	0.08	0.21	0.2	-0.01	-0.21	-0.23	-0.2	-0.19		-0.28	0.92	0.0	0.49	-0.1	-0.03	-0.15	0.15	-0.17	-0.46	0.54	0.31
Common Stock Shares Outstanding	0.56	-0.17	-0.29	-0.4	0.57	-0.43	-0.86	-0.58	-0.05	0.82	0.78	0.82	0.5	-0.28		-0.38	-0.24	0.33	-0.37	-0.27	-0.56	-0.66	0.67	0.89	-0.59	-0.43
Other Stockholder Equity	-0.11	0.25	0.19	0.25	-0.12	0.17	0.28	0.18	0.14	-0.28	-0.24	-0.29	-0.19	0.92	-0.38		0.2	0.43	-0.11	0.05	0.04	0.21	-0.22	-0.46	0.44	0.27
Total Liab	0.17	0.59	0.73	0.96	0.14	0.57	0.43	-0.27	0.87	-0.48	0.2	-0.35	-0.4	0.0	-0.24	0.2		-0.35	-0.38	-0.03	0.74	0.14	-0.21	-0.15	-0.27	-0.03
Total Current Assets	0.24	0.04	-0.07	-0.39	0.26	-0.28	-0.57	-0.15	-0.41	0.59	0.24	0.37	0.75	0.49	0.33	0.43	-0.35		-0.32	0.44	-0.67	-0.27	0.32	0.16	0.35	0.27
Short Term Debt	-0.84	-0.67	-0.23	-0.32	-0.83	-0.38	0.27	0.9	-0.48	-0.26	-0.84	-0.18	-0.27	-0.1	-0.37	-0.11	-0.38	-0.32		-0.09	-0.15	0.16	-0.27	-0.39	0.44	0.25
Short Term Investments	-0.03	0.17	0.29	0.01	-0.03	0.12	0.06	0.09	-0.31	-0.04	-0.13	-0.18	0.6	-0.03	-0.27	0.05	-0.03	0.44	-0.09		-0.1	0.13	-0.19	-0.2	0.49	0.47
Non Current Liabilities Total	-0.01	0.41	0.57	0.8	-0.03	0.55	0.65	-0.09	0.65	-0.67	-0.08	-0.5	-0.6	-0.15	-0.56	0.04	0.74	-0.67	-0.15	-0.1		0.37	-0.55	-0.37	-0.22	-0.08
Inventory	-0.04	0.11	0.02	0.38	-0.04	0.6	0.7	0.13	0.15	-0.52	-0.51	-0.79	-0.36	0.15	-0.66	0.21	0.14	-0.27	0.16	0.13	0.37		-0.11	-0.42	0.19	0.11
Other Current Assets	0.52	0.01	-0.49	-0.24	0.53	0.08	-0.55	-0.49	0.09	0.63	0.48	0.22	0.38	-0.17	0.67	-0.22	-0.21	0.32	-0.27	-0.19	-0.55	-0.11		0.72	-0.47	-0.34
Net Tangible Assets	0.73	-0.22	-0.22	-0.23	0.74	-0.23	-0.72	-0.66	0.05	0.73	0.77	0.64	0.46	-0.46	0.89	-0.46	-0.15	0.16	-0.39	-0.2	-0.37	-0.42	0.72		-0.74	-0.54
Other Assets	-0.63	-0.12	0.06	-0.2	-0.62	-0.15	0.31	0.74	-0.54	-0.31	-0.71	-0.3	0.06	0.54	-0.59	0.44	-0.27	0.35	0.44	0.49	-0.22	0.19	-0.47	-0.74		0.78
Long Term Investments	-0.43	-0.03	0.24	0.0	-0.43	-0.09	0.21	0.5	-0.3	-0.22	-0.46	-0.21	0.12	0.31	-0.43	0.27	-0.03	0.27	0.25	0.47	-0.08	0.11	-0.34	-0.54	0.78

Click cells to compare fundamentals

Commerce Resources Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Commerce Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC