Getty Total Current Liabilities vs Net Invested Capital Analysis
GTC Stock | CAD 0.03 0.00 0.00% |
Getty Copper financial indicator trend analysis is much more than just examining Getty Copper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Copper is a good investment. Please check the relationship between Getty Copper Total Current Liabilities and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Copper. 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 Current Liabilities vs Net Invested Capital
Total Current Liabilities vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Copper Total Current Liabilities account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Getty Copper's Total Current Liabilities and Net Invested Capital is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Getty Copper, assuming nothing else is changed. The correlation between historical values of Getty Copper's Total Current Liabilities and Net Invested Capital 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 Current Liabilities of Getty Copper are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Liabilities i.e., Getty Copper's Total Current Liabilities and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Getty Copper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Getty Copper are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Getty Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Copper 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Copper. 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 climb to about 280.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Getty Copper fundamental ratios Correlations
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Getty Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Getty Copper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9M | 5.9M | 6.4M | 6.6M | 7.0M | 6.4M | |
Total Current Liabilities | 1.6M | 1.5M | 1.5M | 1.9M | 2.3M | 1.3M | |
Total Stockholder Equity | 3.2M | 3.2M | 3.7M | 3.4M | 3.3M | 3.1M | |
Net Tangible Assets | 3.7M | 3.2M | 3.2M | 3.7M | 3.3M | 3.1M | |
Retained Earnings | (22.1M) | (22.2M) | (22.5M) | (22.8M) | (23.3M) | (24.4M) | |
Accounts Payable | 496.1K | 272.4K | 188.9K | 273.6K | 303.6K | 262.9K | |
Cash | 9.5K | 55.9K | 113.5K | 5.7K | 64.3K | 48.4K | |
Long Term Debt | 1.1M | 1.2M | 1.2M | 1.3M | 1.4M | 827.0K | |
Net Receivables | 826.0 | 21.7K | 75.3K | 15.4K | 17.7K | 17.2K | |
Other Stockholder Equity | 1.6M | 1.8M | 1.8M | 1.9M | 2.2M | 1.8M | |
Total Liab | 2.7M | 2.7M | 2.7M | 3.2M | 3.7M | 2.2M | |
Short Long Term Debt | 575.7K | 694.8K | 796.1K | 1.1M | 1.5M | 1.5M | |
Total Current Assets | 36.3K | 133.8K | 139.6K | 28.9K | 88.4K | 69.3K | |
Property Plant Equipment | 5.6M | 5.8M | 5.8M | 6.2M | 7.1M | 6.1M | |
Other Current Liab | 13.8K | 171.6K | 177.9K | 184.2K | 165.8K | 148.8K | |
Non Current Assets Total | 5.8M | 5.8M | 6.2M | 6.5M | 6.9M | 6.6M | |
Non Current Liabilities Total | 1.1M | 1.2M | 1.2M | 1.3M | 1.4M | 1.1M | |
Net Debt | 1.7M | 1.9M | 1.9M | 2.4M | 2.8M | 2.1M | |
Net Invested Capital | 4.9M | 5.1M | 5.7M | 5.8M | 6.1M | 5.9M | |
Net Working Capital | (1.5M) | (1.3M) | (1.4M) | (1.9M) | (2.2M) | (2.4M) |
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When running Getty Copper's price analysis, check to measure Getty 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 Getty Copper is operating at the current time. Most of Getty Copper's value examination focuses on studying past and present price action to predict the probability of Getty 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 Getty Copper's price. Additionally, you may evaluate how the addition of Getty Copper to your portfolios can decrease your overall portfolio volatility.