Caravel Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caravel Minerals Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.

The correlation between Caravel Minerals' Total Assets and Non Currrent Assets Other is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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' Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Caravel Minerals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Caravel Minerals' Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Total Assets

Total assets refers to the total amount of Caravel Minerals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Caravel Minerals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 Expenses	14.5M	11.8M	7.6M	5.7M
Total Revenue	50.0	145.9K	131.3K	90.6K

Other Operating Expenses Total Revenue

Caravel Minerals fundamental ratios Correlations

	Total Assets	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	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Inventory	Intangible Assets	Non Currrent Assets Other	Net Tangible Assets	Other Stockholder Equity	Long Term Investments
Total Assets		0.4	0.84	1.0	0.47	-0.96	-0.85	0.85	0.96	0.71	0.96	0.89	0.21	0.73	0.0	0.84	0.26	0.97	0.89	0.24	0.08	-0.12	0.78	0.86	0.71	-0.53
Other Current Liab	0.4		0.76	0.36	0.26	-0.25	-0.57	0.53	0.24	0.64	0.24	0.5	0.32	0.41	0.29	0.76	0.53	0.26	0.53	0.46	0.13	-0.36	0.36	0.27	0.42	0.02
Total Current Liabilities	0.84	0.76		0.81	0.31	-0.76	-0.78	0.92	0.75	0.79	0.75	0.75	0.35	0.6	0.17	1.0	0.42	0.76	0.78	0.37	0.16	-0.23	0.64	0.8	0.65	-0.13
Total Stockholder Equity	1.0	0.36	0.81		0.47	-0.96	-0.84	0.83	0.96	0.69	0.96	0.88	0.19	0.72	-0.02	0.81	0.24	0.97	0.88	0.22	0.07	-0.1	0.78	0.86	0.71	-0.54
Property Plant And Equipment Net	0.47	0.26	0.31	0.47		-0.29	-0.47	0.17	0.3	0.59	0.3	0.58	-0.08	0.21	0.4	0.31	0.29	0.33	0.49	0.33	0.46	-0.09	0.16	0.12	0.54	-0.46
Net Debt	-0.96	-0.25	-0.76	-0.96	-0.29		0.71	-0.86	-1.0	-0.51	-1.0	-0.82	-0.16	-0.69	0.11	-0.76	-0.13	-1.0	-0.77	-0.11	0.02	0.02	-0.72	-0.93	-0.57	0.5
Retained Earnings	-0.85	-0.57	-0.78	-0.84	-0.47	0.71		-0.67	-0.72	-0.81	-0.72	-0.87	-0.41	-0.88	0.08	-0.78	-0.44	-0.73	-0.99	-0.41	0.03	0.3	-0.92	-0.61	-0.72	0.57
Accounts Payable	0.85	0.53	0.92	0.83	0.17	-0.86	-0.67		0.85	0.59	0.85	0.74	0.42	0.61	0.07	0.92	0.41	0.86	0.69	0.38	0.04	-0.27	0.63	0.93	0.46	-0.2
Cash	0.96	0.24	0.75	0.96	0.3	-1.0	-0.72	0.85		0.49	1.0	0.83	0.15	0.7	-0.11	0.75	0.13	1.0	0.77	0.11	-0.03	-0.03	0.72	0.91	0.55	-0.54
Non Current Assets Total	0.71	0.64	0.79	0.69	0.59	-0.51	-0.81	0.59	0.49		0.49	0.63	0.3	0.46	0.21	0.79	0.45	0.51	0.79	0.43	0.32	-0.25	0.61	0.5	0.84	-0.13
Cash And Short Term Investments	0.96	0.24	0.75	0.96	0.3	-1.0	-0.72	0.85	1.0	0.49		0.83	0.15	0.7	-0.11	0.75	0.13	1.0	0.77	0.11	-0.03	-0.03	0.72	0.91	0.55	-0.54
Net Receivables	0.89	0.5	0.75	0.88	0.58	-0.82	-0.87	0.74	0.83	0.63	0.83		0.32	0.83	0.13	0.75	0.46	0.85	0.9	0.45	-0.05	-0.31	0.76	0.69	0.54	-0.72
Common Stock Total Equity	0.21	0.32	0.35	0.19	-0.08	-0.16	-0.41	0.42	0.15	0.3	0.15	0.32		0.5	-0.04	0.35	0.84	0.16	0.37	0.84	-0.38	-0.88	0.46	0.34	-0.14	-0.15
Common Stock Shares Outstanding	0.73	0.41	0.6	0.72	0.21	-0.69	-0.88	0.61	0.7	0.46	0.7	0.83	0.5		-0.22	0.6	0.41	0.7	0.89	0.38	-0.34	-0.36	0.92	0.57	0.41	-0.73
Other Current Assets	0.0	0.29	0.17	-0.02	0.4	0.11	0.08	0.07	-0.11	0.21	-0.11	0.13	-0.04	-0.22		0.17	0.24	-0.08	-0.07	0.25	0.59	-0.17	-0.24	-0.12	0.05	0.11
Total Liab	0.84	0.76	1.0	0.81	0.31	-0.76	-0.78	0.92	0.75	0.79	0.75	0.75	0.35	0.6	0.17		0.42	0.76	0.78	0.37	0.16	-0.23	0.64	0.8	0.65	-0.13
Property Plant And Equipment Gross	0.26	0.53	0.42	0.24	0.29	-0.13	-0.44	0.41	0.13	0.45	0.13	0.46	0.84	0.41	0.24	0.42		0.15	0.41	0.99	-0.15	-0.94	0.34	0.23	-0.06	-0.22
Total Current Assets	0.97	0.26	0.76	0.97	0.33	-1.0	-0.73	0.86	1.0	0.51	1.0	0.85	0.16	0.7	-0.08	0.76	0.15		0.78	0.14	-0.02	-0.05	0.73	0.91	0.56	-0.55
Common Stock	0.89	0.53	0.78	0.88	0.49	-0.77	-0.99	0.69	0.77	0.79	0.77	0.9	0.37	0.89	-0.07	0.78	0.41	0.78		0.39	-0.03	-0.27	0.92	0.64	0.72	-0.62
Property Plant Equipment	0.24	0.46	0.37	0.22	0.33	-0.11	-0.41	0.38	0.11	0.43	0.11	0.45	0.84	0.38	0.25	0.37	0.99	0.14	0.39		-0.14	-0.93	0.31	0.22	-0.08	-0.23
Inventory	0.08	0.13	0.16	0.07	0.46	0.02	0.03	0.04	-0.03	0.32	-0.03	-0.05	-0.38	-0.34	0.59	0.16	-0.15	-0.02	-0.03	-0.14		0.31	-0.26	-0.1	0.4	0.24
Intangible Assets	-0.12	-0.36	-0.23	-0.1	-0.09	0.02	0.3	-0.27	-0.03	-0.25	-0.03	-0.31	-0.88	-0.36	-0.17	-0.23	-0.94	-0.05	-0.27	-0.93	0.31		-0.3	-0.13	0.26	0.23
Non Currrent Assets Other	0.78	0.36	0.64	0.78	0.16	-0.72	-0.92	0.63	0.72	0.61	0.72	0.76	0.46	0.92	-0.24	0.64	0.34	0.73	0.92	0.31	-0.26	-0.3		0.62	0.57	-0.6
Net Tangible Assets	0.86	0.27	0.8	0.86	0.12	-0.93	-0.61	0.93	0.91	0.5	0.91	0.69	0.34	0.57	-0.12	0.8	0.23	0.91	0.64	0.22	-0.1	-0.13	0.62		0.44	-0.23
Other Stockholder Equity	0.71	0.42	0.65	0.71	0.54	-0.57	-0.72	0.46	0.55	0.84	0.55	0.54	-0.14	0.41	0.05	0.65	-0.06	0.56	0.72	-0.08	0.4	0.26	0.57	0.44		-0.18
Long Term Investments	-0.53	0.02	-0.13	-0.54	-0.46	0.5	0.57	-0.2	-0.54	-0.13	-0.54	-0.72	-0.15	-0.73	0.11	-0.13	-0.22	-0.55	-0.62	-0.23	0.24	0.23	-0.6	-0.23	-0.18

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Caravel Minerals Account Relationship Matchups

Caravel Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5M	16.9M	6.0M	10.3M	12.9M	13.6M
Other Current Liab	15.3K	256.4K	634.2K	591.1K	207.2K	215.5K
Total Current Liabilities	87.9K	1.7M	1.2M	1.5M	1.1M	582.5K
Total Stockholder Equity	3.4M	15.3M	4.8M	8.7M	11.8M	12.4M
Property Plant And Equipment Net	129.5K	206.9K	186.4K	625.5K	3.6M	3.8M
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 Payable	72.6K	1.4M	567.4K	954.2K	884.8K	454.3K
Cash	231.9K	13.2M	2.4M	6.1M	8.7M	9.2M
Non Current Assets Total	3.2M	3.3M	3.3M	3.8M	3.6M	2.3M
Cash And Short Term Investments	231.9K	13.2M	2.4M	6.1M	8.7M	9.2M
Net Receivables	17.6K	363.8K	205.7K	387.6K	533.3K	560.0K
Common Stock Shares Outstanding	193.7M	289.3M	387.9M	452.6M	519.5M	545.5M
Liabilities And Stockholders Equity	3.5M	16.9M	6.0M	10.3M	12.9M	7.0M
Other Current Assets	7.8K	9.3K	5.8K	18.9K	31.8K	35.4K
Total Liab	87.9K	1.7M	1.2M	1.5M	1.1M	582.5K
Property Plant And Equipment Gross	3.2M	3.4M	3.5M	4.1M	4.1M	3.4M
Total Current Assets	257.3K	13.6M	2.7M	6.5M	9.3M	9.8M
Accumulated Other Comprehensive Income	3.2M	3.1M	4.1M	4.3M	4.4M	2.7M
Common Stock	46.1M	66.6M	69.5M	83.9M	93.3M	98.0M
Property Plant Equipment	3.2M	3.3M	3.3M	3.8M	4.4M	3.3M
Non Currrent Assets Other	(3.2K)	(3.3K)	3.1M	3.2M	3.7M	3.8M
Net Tangible Assets	3.4M	15.3M	4.8M	8.7M	10.0M	5.9M
Other Stockholder Equity	(2.0M)	(2.1M)	(2.3K)	(15.9K)	(4.4K)	(8.9K)
Cash And Equivalents	586.8K	713.5K	231.9K	13.2M	15.2M	16.0M
Net Invested Capital	3.4M	15.3M	4.8M	8.7M	11.8M	7.5M
Net Working Capital	169.3K	11.9M	1.5M	4.9M	8.2M	8.6M
Capital Stock	46.1M	66.6M	69.5M	83.9M	93.3M	74.3M

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