Enduro Cash vs Common Stock Analysis

ENDR Stock  CAD 0.17  0.01  6.25%   
Enduro Metals financial indicator trend analysis is much more than just examining Enduro Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enduro Metals Corp is a good investment. Please check the relationship between Enduro Metals Cash and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enduro Metals 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 metropolitan statistical area.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enduro Metals Corp Cash account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enduro Metals' Cash and Common Stock is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Enduro Metals Corp, assuming nothing else is changed. The correlation between historical values of Enduro Metals' Cash and Common Stock 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 Enduro Metals Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Enduro Metals' Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Enduro Metals Corp, which is listed under current asset account on Enduro Metals Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Enduro Metals customers. The amounts must be unrestricted with restricted cash listed in a different Enduro Metals 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.

Common Stock

Most indicators from Enduro Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enduro Metals 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 Enduro Metals 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 metropolitan statistical area.
Selling General Administrative is likely to climb to about 1.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation129.1K114.9K132.1K138.7K
Cost Of Revenue129.1K114.9K132.1K138.7K

Enduro Metals fundamental ratios Correlations

0.351.00.99-0.4-0.870.40.990.810.40.56-0.07-0.360.40.40.650.30.92-0.25-0.490.110.990.990.95-0.950.4
0.350.270.29-0.16-0.590.180.290.110.180.82-0.15-0.361.00.520.360.930.430.06-0.01-0.250.290.30.3-0.490.14
1.00.270.99-0.4-0.840.40.990.820.390.51-0.06-0.340.330.370.640.230.91-0.26-0.50.131.00.990.95-0.930.41
0.990.290.99-0.28-0.830.281.00.860.280.49-0.02-0.290.340.270.630.230.89-0.2-0.460.140.990.990.93-0.910.29
-0.4-0.16-0.4-0.280.41-0.99-0.280.04-0.99-0.470.360.4-0.17-0.91-0.37-0.24-0.450.480.49-0.04-0.38-0.3-0.460.52-0.94
-0.87-0.59-0.84-0.830.41-0.44-0.83-0.59-0.44-0.71-0.080.41-0.63-0.54-0.51-0.5-0.930.040.220.21-0.86-0.84-0.870.94-0.5
0.40.180.40.28-0.99-0.440.28-0.061.00.46-0.25-0.40.20.910.40.220.46-0.35-0.38-0.010.390.30.47-0.510.96
0.990.290.991.0-0.28-0.830.280.860.270.49-0.02-0.290.340.260.630.220.89-0.2-0.460.140.990.990.93-0.90.29
0.810.110.820.860.04-0.59-0.060.86-0.060.13-0.01-0.160.15-0.060.410.070.67-0.19-0.390.180.830.850.72-0.680.0
0.40.180.390.28-0.99-0.441.00.27-0.060.46-0.23-0.410.20.910.390.220.46-0.34-0.37-0.020.390.30.47-0.510.96
0.560.820.510.49-0.47-0.710.460.490.130.46-0.29-0.40.840.680.450.840.63-0.24-0.35-0.090.50.50.55-0.710.39
-0.07-0.15-0.06-0.020.36-0.08-0.25-0.02-0.01-0.23-0.290.13-0.14-0.34-0.11-0.4-0.030.830.78-0.42-0.04-0.03-0.060.19-0.09
-0.36-0.36-0.34-0.290.40.41-0.4-0.29-0.16-0.41-0.40.13-0.34-0.54-0.09-0.42-0.370.180.120.35-0.34-0.31-0.330.45-0.38
0.41.00.330.34-0.17-0.630.20.340.150.20.84-0.14-0.340.520.420.920.490.06-0.04-0.190.340.350.37-0.530.15
0.40.520.370.27-0.91-0.540.910.26-0.060.910.68-0.34-0.540.520.370.580.49-0.37-0.37-0.160.360.290.44-0.580.87
0.650.360.640.63-0.37-0.510.40.630.410.390.45-0.11-0.090.420.370.180.65-0.01-0.280.420.640.650.72-0.560.27
0.30.930.230.23-0.24-0.50.220.220.070.220.84-0.4-0.420.920.580.180.35-0.24-0.25-0.210.230.240.23-0.490.17
0.920.430.910.89-0.45-0.930.460.890.670.460.63-0.03-0.370.490.490.650.35-0.19-0.40.050.910.90.98-0.940.48
-0.250.06-0.26-0.20.480.04-0.35-0.2-0.19-0.34-0.240.830.180.06-0.37-0.01-0.24-0.190.91-0.34-0.21-0.18-0.240.34-0.3
-0.49-0.01-0.5-0.460.490.22-0.38-0.46-0.39-0.37-0.350.780.12-0.04-0.37-0.28-0.25-0.40.91-0.56-0.46-0.45-0.470.52-0.29
0.11-0.250.130.14-0.040.21-0.010.140.18-0.02-0.09-0.420.35-0.19-0.160.42-0.210.05-0.34-0.560.120.140.180.03-0.15
0.990.291.00.99-0.38-0.860.390.990.830.390.5-0.04-0.340.340.360.640.230.91-0.21-0.460.120.990.95-0.930.4
0.990.30.990.99-0.3-0.840.30.990.850.30.5-0.03-0.310.350.290.650.240.9-0.18-0.450.140.990.94-0.910.3
0.950.30.950.93-0.46-0.870.470.930.720.470.55-0.06-0.330.370.440.720.230.98-0.24-0.470.180.950.94-0.920.47
-0.95-0.49-0.93-0.910.520.94-0.51-0.9-0.68-0.51-0.710.190.45-0.53-0.58-0.56-0.49-0.940.340.520.03-0.93-0.91-0.92-0.53
0.40.140.410.29-0.94-0.50.960.290.00.960.39-0.09-0.380.150.870.270.170.48-0.3-0.29-0.150.40.30.47-0.53
Click cells to compare fundamentals

Enduro Metals Account Relationship Matchups

Enduro Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.9M22.5M33.1M30.4M35.0M36.7M
Total Current Liabilities1.9M1.4M3.0M1.4M1.6M1.6M
Total Stockholder Equity21.0M21.0M29.7M28.8M33.2M34.8M
Property Plant And Equipment Net15.5M20.3M28.4M29.2M33.6M35.3M
Net Debt(6.5M)(1.7M)(3.6M)(141.0K)(126.9K)(133.3K)
Retained Earnings(30.8M)(32.5M)(32.5M)(33.6M)(30.3M)(28.7M)
Cash6.5M1.7M4.0M487.5K560.6K532.6K
Non Current Assets Total15.7M20.5M28.6M29.8M34.3M36.0M
Cash And Short Term Investments6.5M1.7M4.0M487.5K560.6K532.6K
Net Receivables144.6K243.5K343.2K70.2K80.8K105.7K
Common Stock Shares Outstanding14.9M20.5M22.2M24.1M27.7M25.9M
Liabilities And Stockholders Equity22.9M22.5M33.1M30.4M35.0M36.7M
Other Stockholder Equity(14K)(21.3K)4.8M4.8M4.3M4.1M
Total Liab1.9M1.5M3.4M1.6M1.8M1.7M
Total Current Assets7.2M2.0M4.5M600.9K691.1K656.5K
Other Current Liab388.6K80.0K1.0M587.1K675.2K358.1K
Accounts Payable1.5M1.3M1.8M516.5K594.0K1.1M
Accumulated Other Comprehensive Income4.5M4.8M4.8M4.9M5.7M6.0M
Common Stock34.8M47.3M48.8M57.5M66.1M37.1M
Short Term Debt759.5K263.8K60.6K131.0K117.9K112.0K
Non Current Liabilities Total40K60K346.5K215.5K247.8K126.4K
Net Tangible Assets9.8M21.0M21.0M29.7M34.2M35.9M
Property Plant Equipment11.2M15.5M20.3M28.4M32.7M34.3M
Other Current Assets564.7K62.0K72.0K43.2K38.9K36.9K
Net Invested Capital21.0M21.1M29.8M28.9M33.2M19.4M
Net Working Capital5.3M619.7K1.4M(764.4K)(879.1K)(835.1K)
Capital Stock34.8M47.3M48.8M57.5M66.1M49.6M

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 Enduro Stock Analysis

When running Enduro Metals' price analysis, check to measure Enduro Metals' 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 Enduro Metals is operating at the current time. Most of Enduro Metals' value examination focuses on studying past and present price action to predict the probability of Enduro Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enduro Metals' price. Additionally, you may evaluate how the addition of Enduro Metals to your portfolios can decrease your overall portfolio volatility.