ITR Stock | | | CAD 1.33 0.05 3.62% |
Integra Resources financial indicator trend analysis is infinitely more than just investigating Integra Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integra Resources Corp is a good investment. Please check the relationship between Integra Resources Total Assets and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources 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 board of governors.
Total Assets vs Common Stock Shares Outstanding
Total Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Integra Resources Corp Total Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Integra Resources' Total Assets and Common Stock Shares Outstanding is 0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Integra Resources Corp, assuming nothing else is changed. The correlation between historical values of Integra Resources' Total Assets and Common Stock Shares Outstanding 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 Integra Resources Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Integra Resources' Total Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Integra Resources 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 Integra Resources 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Integra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integra Resources 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources 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 board of governors.
At this time, Integra Resources'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 36.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 16.9
M in 2024.
Integra Resources fundamental ratios Correlations
Click cells to compare fundamentals
Integra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Integra Resources fundamental ratios Accounts
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Additional Tools for Integra Stock Analysis
When running Integra Resources' price analysis, check to
measure Integra Resources' 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 Integra Resources is operating at the current time. Most of Integra Resources' value examination focuses on studying past and present price action to
predict the probability of Integra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integra Resources' price. Additionally, you may evaluate how the addition of Integra Resources to your portfolios can decrease your overall portfolio volatility.