District Cash vs Total Assets Analysis
DCOP Stock | CAD 0.04 0.01 12.50% |
District Copper financial indicator trend analysis is much more than just examining District Copper Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether District Copper Corp is a good investment. Please check the relationship between District Copper Cash and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Copper 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 american community survey.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of District Copper Corp Cash account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between District Copper's Cash and Total Assets is -0.08. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of District Copper Corp, assuming nothing else is changed. The correlation between historical values of District Copper's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of District Copper Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., District Copper's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of District Copper Corp, which is listed under current asset account on District Copper Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from District Copper customers. The amounts must be unrestricted with restricted cash listed in a different District Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Assets
Total assets refers to the total amount of District Copper 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 District Copper Corp 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.Most indicators from District Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into District Copper 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in District Copper 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 american community survey. Enterprise Value is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 520 K in 2024.
District Copper fundamental ratios Correlations
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District Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
District Copper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7M | 2.5M | 2.7M | 1.9M | 2.2M | 2.1M | |
Total Current Liabilities | 249.2K | 130.4K | 88.0K | 46.8K | 53.8K | 51.1K | |
Total Stockholder Equity | 2.2M | 2.3M | 2.6M | 1.8M | 2.1M | 2.0M | |
Property Plant And Equipment Net | 2.3M | 1.3M | 1.1M | 1.1M | 1.3M | 1.3M | |
Net Debt | (26.8K) | (174.8K) | (367.6K) | (322.1K) | (370.4K) | (388.9K) | |
Retained Earnings | (18.0M) | (18.0M) | (18.8M) | (19.6M) | (17.6M) | (16.7M) | |
Accounts Payable | 71.4K | 100.0K | 28.1K | 51.3K | 46.2K | 83.6K | |
Cash | 26.8K | 174.8K | 367.6K | 322.1K | 289.9K | 457.2K | |
Non Current Assets Total | 2.5M | 1.9M | 1.4M | 1.1M | 1.3M | 1.3M | |
Cash And Short Term Investments | 224.3K | 190.5K | 447.6K | 349.6K | 314.6K | 298.9K | |
Net Receivables | 3.9K | 345.4K | 334.4K | 333.3K | 383.3K | 402.4K | |
Common Stock Shares Outstanding | 13.7M | 13.8M | 19.8M | 21.3M | 24.5M | 25.7M | |
Liabilities And Stockholders Equity | 2.7M | 2.5M | 2.7M | 1.9M | 2.2M | 2.1M | |
Total Liab | 488.4K | 130.4K | 88.0K | 46.8K | 53.8K | 51.1K | |
Total Current Assets | 228.2K | 535.9K | 1.2M | 748.3K | 673.5K | 788.6K | |
Other Current Liab | 249.2K | 130.4K | 88.0K | 46.8K | 53.8K | 51.1K | |
Net Tangible Assets | 2.7M | 2.2M | 2.3M | 2.6M | 2.3M | 2.2M | |
Property Plant Equipment | 2.8M | 2.3M | 1.3M | 1.1M | 997.3K | 947.4K | |
Net Invested Capital | 2.2M | 2.3M | 2.6M | 1.8M | 1.7M | 1.6M | |
Net Working Capital | (21.0K) | 405.5K | 1.2M | 701.5K | 806.7K | 847.1K |
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When running District Copper's price analysis, check to measure District Copper's 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 District Copper is operating at the current time. Most of District Copper's value examination focuses on studying past and present price action to predict the probability of District Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move District Copper's price. Additionally, you may evaluate how the addition of District Copper to your portfolios can decrease your overall portfolio volatility.