Labyrinth Net Receivables vs Cash Analysis

LRL Stock

0.24 0.01 4.00%

Labyrinth Resources financial indicator trend analysis is infinitely more than just investigating Labyrinth Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Labyrinth Resources is a good investment. Please check the relationship between Labyrinth Resources Net Receivables and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labyrinth Resources Limited. 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.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Labyrinth Resources Net Receivables account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Labyrinth Resources' Net Receivables and Cash is -0.02. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Labyrinth Resources Limited, assuming nothing else is changed. The correlation between historical values of Labyrinth Resources' Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Labyrinth Resources Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Labyrinth Resources' Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Cash

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

Most indicators from Labyrinth Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Labyrinth Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labyrinth Resources Limited. 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.

Issuance Of Capital Stock is likely to gain to about 2.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 624.5 K in 2024.

Labyrinth Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Total Liab	Total Current Assets	Common Stock	Common Stock Shares Outstanding	Short Long Term Debt Total	Non Current Liabilities Total	Non Currrent Assets Other	Other Current Liab	Short Term Investments	Accounts Payable	Good Will	Other Current Assets	Other Stockholder Equity	Intangible Assets	Inventory	Current Deferred Revenue
Total Assets		0.72	0.91	0.88	-0.17	0.05	-0.04	0.89	-0.04	0.66	0.91	0.33	0.12	0.0	-0.04	0.87	0.14	0.38	-0.27	0.7	0.19	0.18	0.2	-0.24	0.87	-0.16
Total Current Liabilities	0.72		0.47	0.55	0.22	-0.1	-0.35	0.51	-0.35	0.32	0.78	0.64	0.07	0.11	0.34	0.52	-0.01	0.69	-0.28	0.62	0.21	0.6	0.2	-0.27	0.56	-0.53
Total Stockholder Equity	0.91	0.47		0.91	-0.36	0.16	0.19	0.91	0.19	0.77	0.81	0.08	0.14	-0.23	-0.1	0.86	0.01	0.07	-0.2	0.75	0.16	-0.12	0.11	-0.15	0.9	0.16
Property Plant And Equipment Net	0.88	0.55	0.91		0.0	0.16	0.0	0.96	0.0	0.75	0.87	-0.04	0.14	-0.41	0.17	0.88	-0.13	0.02	-0.23	0.74	0.19	-0.19	0.09	-0.17	0.97	0.22
Net Debt	-0.17	0.22	-0.36	0.0		-0.01	-0.69	-0.01	-0.69	-0.13	0.07	-0.23	-0.05	-0.34	0.75	-0.06	-0.04	-0.06	0.0	-0.06	0.02	-0.07	-0.1	-0.01	0.03	0.04
Retained Earnings	0.05	-0.1	0.16	0.16	-0.01		-0.21	0.11	-0.21	0.16	0.04	-0.23	-0.89	-0.43	-0.08	0.12	-0.2	-0.18	0.91	0.12	-0.89	-0.2	-0.96	0.94	0.22	0.18
Cash	-0.04	-0.35	0.19	0.0	-0.69	-0.21		-0.05	1.0	-0.02	-0.2	-0.06	0.31	-0.01	-0.33	-0.07	-0.24	-0.27	-0.23	-0.04	0.23	-0.26	0.29	-0.22	-0.05	0.26
Non Current Assets Total	0.89	0.51	0.91	0.96	-0.01	0.11	-0.05		-0.05	0.73	0.91	-0.1	0.2	-0.35	0.16	0.96	0.14	-0.01	-0.26	0.75	0.23	-0.24	0.12	-0.2	0.95	0.26
Cash And Short Term Investments	-0.04	-0.35	0.19	0.0	-0.69	-0.21	1.0	-0.05		-0.02	-0.2	-0.06	0.31	-0.01	-0.33	-0.07	-0.24	-0.27	-0.23	-0.04	0.23	-0.26	0.29	-0.22	-0.05	0.26
Net Receivables	0.66	0.32	0.77	0.75	-0.13	0.16	-0.02	0.73	-0.02		0.64	-0.1	0.11	-0.29	0.06	0.7	-0.09	-0.1	-0.14	0.67	0.12	-0.26	0.04	-0.09	0.72	0.28
Total Liab	0.91	0.78	0.81	0.87	0.07	0.04	-0.2	0.91	-0.2	0.64		0.17	0.18	-0.18	0.3	0.93	0.18	0.27	-0.27	0.84	0.25	0.06	0.15	-0.23	0.88	0.01
Total Current Assets	0.33	0.64	0.08	-0.04	-0.23	-0.23	-0.06	-0.1	-0.06	-0.1	0.17		0.0	0.67	-0.29	-0.09	-0.04	0.94	-0.16	0.0	0.11	0.96	0.26	-0.2	-0.02	-0.9
Common Stock	0.12	0.07	0.14	0.14	-0.05	-0.89	0.31	0.2	0.31	0.11	0.18	0.0		0.17	0.12	0.16	0.18	-0.04	-0.92	0.09	0.98	-0.09	0.92	-0.93	0.08	0.18
Common Stock Shares Outstanding	0.0	0.11	-0.23	-0.41	-0.34	-0.43	-0.01	-0.35	-0.01	-0.29	-0.18	0.67	0.17		-0.52	-0.26	0.38	0.65	-0.2	-0.38	0.17	0.7	0.37	-0.24	-0.43	-0.67
Short Long Term Debt Total	-0.04	0.34	-0.1	0.17	0.75	-0.08	-0.33	0.16	-0.33	0.06	0.3	-0.29	0.12	-0.52		0.18	-0.12	-0.17	-0.14	0.39	0.16	-0.22	0.02	-0.15	0.21	0.22
Non Current Liabilities Total	0.87	0.52	0.86	0.88	-0.06	0.12	-0.07	0.96	-0.07	0.7	0.93	-0.09	0.16	-0.26	0.18		0.28	0.02	-0.2	0.79	0.18	-0.21	0.09	-0.16	0.9	0.24
Non Currrent Assets Other	0.14	-0.01	0.01	-0.13	-0.04	-0.2	-0.24	0.14	-0.24	-0.09	0.18	-0.04	0.18	0.38	-0.12	0.28		0.06	-0.14	0.0	0.14	0.03	0.18	-0.14	-0.06	-0.03
Other Current Liab	0.38	0.69	0.07	0.02	-0.06	-0.18	-0.27	-0.01	-0.27	-0.1	0.27	0.94	-0.04	0.65	-0.17	0.02	0.06		-0.11	-0.01	0.09	0.94	0.21	-0.17	0.08	-0.89
Short Term Investments	-0.27	-0.28	-0.2	-0.23	0.0	0.91	-0.23	-0.26	-0.23	-0.14	-0.27	-0.16	-0.92	-0.2	-0.14	-0.2	-0.14	-0.11		-0.19	-0.93	-0.08	-0.97	0.99	-0.15	0.06
Accounts Payable	0.7	0.62	0.75	0.74	-0.06	0.12	-0.04	0.75	-0.04	0.67	0.84	0.0	0.09	-0.38	0.39	0.79	0.0	-0.01	-0.19		0.13	-0.11	0.03	-0.12	0.73	0.16
Good Will	0.19	0.21	0.16	0.19	0.02	-0.89	0.23	0.23	0.23	0.12	0.25	0.11	0.98	0.17	0.16	0.18	0.14	0.09	-0.93	0.13		0.03	0.92	-0.94	0.14	0.08
Other Current Assets	0.18	0.6	-0.12	-0.19	-0.07	-0.2	-0.26	-0.24	-0.26	-0.26	0.06	0.96	-0.09	0.7	-0.22	-0.21	0.03	0.94	-0.08	-0.11	0.03		0.17	-0.12	-0.17	-0.95
Other Stockholder Equity	0.2	0.2	0.11	0.09	-0.1	-0.96	0.29	0.12	0.29	0.04	0.15	0.26	0.92	0.37	0.02	0.09	0.18	0.21	-0.97	0.03	0.92	0.17		-0.99	0.03	-0.15
Intangible Assets	-0.24	-0.27	-0.15	-0.17	-0.01	0.94	-0.22	-0.2	-0.22	-0.09	-0.23	-0.2	-0.93	-0.24	-0.15	-0.16	-0.14	-0.17	0.99	-0.12	-0.94	-0.12	-0.99		-0.12	0.1
Inventory	0.87	0.56	0.9	0.97	0.03	0.22	-0.05	0.95	-0.05	0.72	0.88	-0.02	0.08	-0.43	0.21	0.9	-0.06	0.08	-0.15	0.73	0.14	-0.17	0.03	-0.12		0.2
Current Deferred Revenue	-0.16	-0.53	0.16	0.22	0.04	0.18	0.26	0.26	0.26	0.28	0.01	-0.9	0.18	-0.67	0.22	0.24	-0.03	-0.89	0.06	0.16	0.08	-0.95	-0.15	0.1	0.2

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Labyrinth Resources Account Relationship Matchups

Labyrinth Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.8M	9.9M	27.2M	25.9M	25.2M	40.8M
Total Current Liabilities	1.4M	2.1M	4.5M	2.5M	20.2M	21.2M
Total Stockholder Equity	11.4M	7.7M	10.9M	6.7M	5.0M	4.8M
Property Plant And Equipment Net	8.2M	4.3M	23.8M	171.6K	4.0M	3.8M
Net Debt	(1.3M)	(4.6M)	(2.4M)	(418.2K)	(287.1K)	(301.4K)
Retained Earnings	(284.3M)	(288.3M)	(295.3M)	(301.4M)	(304.7M)	(289.5M)
Cash	1.4M	4.6M	2.4M	418.2K	287.1K	272.7K
Non Current Assets Total	8.9M	4.3M	23.8M	25.1M	4.1M	3.9M
Cash And Short Term Investments	1.4M	4.6M	2.4M	418.2K	287.1K	272.7K
Net Receivables	2.3M	(89.3K)	780.7K	242.5K	15.7K	14.9K
Liabilities And Stockholders Equity	12.8M	9.9M	27.2M	25.9M	25.2M	40.8M
Total Liab	1.4M	2.1M	16.3M	19.2M	20.2M	12.8M
Total Current Assets	3.8M	5.6M	3.4M	764.9K	21.1M	22.2M
Common Stock Shares Outstanding	558.8M	561.1M	785.1M	945.9M	1.2B	1.2B
Non Currrent Assets Other	3.3M	701.1K	16.1K	24.8M	4.0M	3.6M
Other Current Liab	580.6K	1.8M	3.7M	2.1M	19.9M	20.9M
Accounts Payable	627.5K	50.1K	579.7K	264.4K	286.8K	272.5K
Other Current Assets	85.2K	1.1M	182.6K	104.2K	20.8M	21.9M
Net Invested Capital	11.5M	7.7M	10.9M	6.7M	5.0M	7.2M
Net Working Capital	2.5M	3.5M	(1.1M)	(1.8M)	935.7K	669.7K

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