Caravel Interest Income vs Discontinued Operations Analysis

CVV Stock   0.19  0.01  5.00%   
Caravel Minerals financial indicator trend analysis is way more than just evaluating Caravel Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caravel Minerals is a good investment. Please check the relationship between Caravel Minerals Interest Income and its Discontinued Operations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caravel Minerals. 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.

Interest Income vs Discontinued Operations

Interest Income vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caravel Minerals Interest Income account and Discontinued Operations. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Caravel Minerals' Interest Income and Discontinued Operations is 0.19. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Caravel Minerals, assuming nothing else is changed. The correlation between historical values of Caravel Minerals' Interest Income and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Caravel Minerals are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Interest Income i.e., Caravel Minerals' Interest Income and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Discontinued Operations

Most indicators from Caravel Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caravel Minerals 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 Caravel Minerals. 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.
At this time, Caravel Minerals' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 100.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9.8 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses14.5M11.8M7.6M5.7M
Total Revenue50.0145.9K131.3K90.6K

Caravel Minerals fundamental ratios Correlations

0.40.841.00.47-0.96-0.850.850.960.710.960.890.210.730.00.840.260.970.890.240.08-0.120.780.860.71-0.53
0.40.760.360.26-0.25-0.570.530.240.640.240.50.320.410.290.760.530.260.530.460.13-0.360.360.270.420.02
0.840.760.810.31-0.76-0.780.920.750.790.750.750.350.60.171.00.420.760.780.370.16-0.230.640.80.65-0.13
1.00.360.810.47-0.96-0.840.830.960.690.960.880.190.72-0.020.810.240.970.880.220.07-0.10.780.860.71-0.54
0.470.260.310.47-0.29-0.470.170.30.590.30.58-0.080.210.40.310.290.330.490.330.46-0.090.160.120.54-0.46
-0.96-0.25-0.76-0.96-0.290.71-0.86-1.0-0.51-1.0-0.82-0.16-0.690.11-0.76-0.13-1.0-0.77-0.110.020.02-0.72-0.93-0.570.5
-0.85-0.57-0.78-0.84-0.470.71-0.67-0.72-0.81-0.72-0.87-0.41-0.880.08-0.78-0.44-0.73-0.99-0.410.030.3-0.92-0.61-0.720.57
0.850.530.920.830.17-0.86-0.670.850.590.850.740.420.610.070.920.410.860.690.380.04-0.270.630.930.46-0.2
0.960.240.750.960.3-1.0-0.720.850.491.00.830.150.7-0.110.750.131.00.770.11-0.03-0.030.720.910.55-0.54
0.710.640.790.690.59-0.51-0.810.590.490.490.630.30.460.210.790.450.510.790.430.32-0.250.610.50.84-0.13
0.960.240.750.960.3-1.0-0.720.851.00.490.830.150.7-0.110.750.131.00.770.11-0.03-0.030.720.910.55-0.54
0.890.50.750.880.58-0.82-0.870.740.830.630.830.320.830.130.750.460.850.90.45-0.05-0.310.760.690.54-0.72
0.210.320.350.19-0.08-0.16-0.410.420.150.30.150.320.5-0.040.350.840.160.370.84-0.38-0.880.460.34-0.14-0.15
0.730.410.60.720.21-0.69-0.880.610.70.460.70.830.5-0.220.60.410.70.890.38-0.34-0.360.920.570.41-0.73
0.00.290.17-0.020.40.110.080.07-0.110.21-0.110.13-0.04-0.220.170.24-0.08-0.070.250.59-0.17-0.24-0.120.050.11
0.840.761.00.810.31-0.76-0.780.920.750.790.750.750.350.60.170.420.760.780.370.16-0.230.640.80.65-0.13
0.260.530.420.240.29-0.13-0.440.410.130.450.130.460.840.410.240.420.150.410.99-0.15-0.940.340.23-0.06-0.22
0.970.260.760.970.33-1.0-0.730.861.00.511.00.850.160.7-0.080.760.150.780.14-0.02-0.050.730.910.56-0.55
0.890.530.780.880.49-0.77-0.990.690.770.790.770.90.370.89-0.070.780.410.780.39-0.03-0.270.920.640.72-0.62
0.240.460.370.220.33-0.11-0.410.380.110.430.110.450.840.380.250.370.990.140.39-0.14-0.930.310.22-0.08-0.23
0.080.130.160.070.460.020.030.04-0.030.32-0.03-0.05-0.38-0.340.590.16-0.15-0.02-0.03-0.140.31-0.26-0.10.40.24
-0.12-0.36-0.23-0.1-0.090.020.3-0.27-0.03-0.25-0.03-0.31-0.88-0.36-0.17-0.23-0.94-0.05-0.27-0.930.31-0.3-0.130.260.23
0.780.360.640.780.16-0.72-0.920.630.720.610.720.760.460.92-0.240.640.340.730.920.31-0.26-0.30.620.57-0.6
0.860.270.80.860.12-0.93-0.610.930.910.50.910.690.340.57-0.120.80.230.910.640.22-0.1-0.130.620.44-0.23
0.710.420.650.710.54-0.57-0.720.460.550.840.550.54-0.140.410.050.65-0.060.560.72-0.080.40.260.570.44-0.18
-0.530.02-0.13-0.54-0.460.50.57-0.2-0.54-0.13-0.54-0.72-0.15-0.730.11-0.13-0.22-0.55-0.62-0.230.240.23-0.6-0.23-0.18
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Caravel Minerals Account Relationship Matchups

Caravel Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5M16.9M6.0M10.3M12.9M13.6M
Other Current Liab15.3K256.4K634.2K591.1K207.2K215.5K
Total Current Liabilities87.9K1.7M1.2M1.5M1.1M582.5K
Total Stockholder Equity3.4M15.3M4.8M8.7M11.8M12.4M
Property Plant And Equipment Net129.5K206.9K186.4K625.5K3.6M3.8M
Net Debt(231.9K)(13.2M)(2.4M)(6.1M)(8.7M)(8.3M)
Retained Earnings(46.0M)(54.4M)(68.9M)(79.5M)(85.9M)(81.6M)
Accounts Payable72.6K1.4M567.4K954.2K884.8K454.3K
Cash231.9K13.2M2.4M6.1M8.7M9.2M
Non Current Assets Total3.2M3.3M3.3M3.8M3.6M2.3M
Cash And Short Term Investments231.9K13.2M2.4M6.1M8.7M9.2M
Net Receivables17.6K363.8K205.7K387.6K533.3K560.0K
Common Stock Shares Outstanding193.7M289.3M387.9M452.6M519.5M545.5M
Liabilities And Stockholders Equity3.5M16.9M6.0M10.3M12.9M7.0M
Other Current Assets7.8K9.3K5.8K18.9K31.8K35.4K
Total Liab87.9K1.7M1.2M1.5M1.1M582.5K
Property Plant And Equipment Gross3.2M3.4M3.5M4.1M4.1M3.4M
Total Current Assets257.3K13.6M2.7M6.5M9.3M9.8M
Accumulated Other Comprehensive Income3.2M3.1M4.1M4.3M4.4M2.7M
Common Stock46.1M66.6M69.5M83.9M93.3M98.0M
Property Plant Equipment3.2M3.3M3.3M3.8M4.4M3.3M
Non Currrent Assets Other(3.2K)(3.3K)3.1M3.2M3.7M3.8M
Net Tangible Assets3.4M15.3M4.8M8.7M10.0M5.9M
Other Stockholder Equity(2.0M)(2.1M)(2.3K)(15.9K)(4.4K)(8.9K)
Cash And Equivalents586.8K713.5K231.9K13.2M15.2M16.0M
Net Invested Capital3.4M15.3M4.8M8.7M11.8M7.5M
Net Working Capital169.3K11.9M1.5M4.9M8.2M8.6M
Capital Stock46.1M66.6M69.5M83.9M93.3M74.3M

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