Conico Non Current Liabilities Total vs Property Plant Equipment Analysis
CNJ Stock | 0.01 0.00 0.00% |
Conico financial indicator trend analysis is way more than just evaluating Conico prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conico is a good investment. Please check the relationship between Conico Non Current Liabilities Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conico. 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.
Non Current Liabilities Total vs Property Plant Equipment
Non Current Liabilities Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conico Non Current Liabilities Total account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Conico's Non Current Liabilities Total and Property Plant Equipment is -0.64. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Conico, assuming nothing else is changed. The correlation between historical values of Conico's Non Current Liabilities Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Conico are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Liabilities Total i.e., Conico's Non Current Liabilities Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Property Plant Equipment
Most indicators from Conico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conico 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 Conico. 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 168.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 574.6 K in 2024
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 5.1K | 9.6K | 30.1K | 31.7K | Interest Income | 2.0K | 1.3K | 2.1K | 1.9K |
Conico fundamental ratios Correlations
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Conico Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Conico fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.1M | 26.6M | 34.3M | 38.2M | 3.5M | 3.3M | |
Other Current Liab | 184.4K | 89.5K | 737.5K | 313.8K | 181.0K | 265.0K | |
Total Current Liabilities | 232.7K | 413.0K | 847.2K | 538.9K | 242.2K | 348.0K | |
Total Stockholder Equity | 15.2M | 25.9M | 33.2M | 37.7M | 3.2M | 3.1M | |
Property Plant And Equipment Net | 5.8K | 54.9K | 64.9K | 554.1K | 3.0M | 2.9M | |
Net Debt | 230.0K | (3.9M) | (4.9M) | (733.9K) | (428.8K) | (450.2K) | |
Retained Earnings | (6.0M) | (7.0M) | (7.9M) | (8.8M) | (42.4M) | (40.3M) | |
Accounts Payable | 48.4K | 323.4K | 109.8K | 225.2K | 61.3K | 95.9K | |
Cash | 171.4K | 3.9M | 4.9M | 733.9K | 428.8K | 407.4K | |
Non Current Assets Total | 15.9M | 22.3M | 29.0M | 37.4M | 3.0M | 2.9M | |
Cash And Short Term Investments | 171.4K | 3.9M | 4.9M | 733.9K | 428.8K | 407.4K | |
Net Receivables | 10.7K | 16.6K | 24.3K | 60.1K | 16.6K | 28.9K | |
Common Stock Shares Outstanding | 381.2M | 691.4M | 1.0B | 1.5B | 1.6B | 1.7B | |
Liabilities And Stockholders Equity | 16.1M | 26.6M | 34.3M | 38.2M | 3.5M | 3.3M | |
Total Liab | 896.6K | 675.5K | 1.1M | 551.4K | 254.7K | 242.0K | |
Property Plant And Equipment Gross | 15.9M | 22.4M | 29.1M | 37.6M | 3.4M | 3.2M | |
Total Current Assets | 188K | 4.2M | 5.3M | 813.3K | 470.0K | 446.5K | |
Common Stock | 20.4M | 31.4M | 40.0M | 43.7M | 44.3M | 23.5M | |
Property Plant Equipment | 15.9M | 22.3M | 29.0M | 37.4M | 43.0M | 45.2M | |
Non Currrent Assets Other | 15.9M | 22.3M | 28.9M | 36.9M | 42.4M | 44.5M | |
Non Current Liabilities Total | 663.9K | 262.5K | 262.5K | 12.5K | 11.3K | 10.7K | |
Inventory | (11.3K) | (10.7K) | (16.6K) | (40.7K) | (16.6K) | (17.4K) | |
Other Current Assets | 16.6K | 311.7K | 423.1K | 79.4K | 24.6K | 23.4K | |
Net Tangible Assets | 15.2M | 25.9M | 33.2M | 37.7M | 43.3M | 21.9M | |
Other Stockholder Equity | (14.4M) | (24.5M) | (32.1M) | (34.9M) | (31.4M) | (29.8M) | |
Cash And Equivalents | 165.8K | 131.1K | 171.4K | 3.9M | 4.5M | 4.7M | |
Net Invested Capital | 15.6M | 25.9M | 33.2M | 37.7M | 3.2M | 3.1M | |
Net Working Capital | (44.7K) | 3.8M | 4.5M | 274.4K | 227.8K | 216.4K | |
Capital Stock | 20.4M | 31.4M | 40.0M | 43.7M | 44.3M | 36.6M |
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