Marimaca Property Plant And Equipment Gross vs Other Stockholder Equity Analysis

MARI Stock  CAD 4.84  0.03  0.62%   
Marimaca Copper financial indicator trend analysis is infinitely more than just investigating Marimaca Copper Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marimaca Copper Corp is a good investment. Please check the relationship between Marimaca Copper Property Plant And Equipment Gross and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marimaca 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 board of governors.

Property Plant And Equipment Gross vs Other Stockholder Equity

Property Plant And Equipment Gross vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marimaca Copper Corp Property Plant And Equipment Gross account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marimaca Copper's Property Plant And Equipment Gross and Other Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Marimaca Copper Corp, assuming nothing else is changed. The correlation between historical values of Marimaca Copper's Property Plant And Equipment Gross and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Marimaca Copper Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Gross i.e., Marimaca Copper's Property Plant And Equipment Gross and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Other Stockholder Equity

Most indicators from Marimaca Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marimaca 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marimaca 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 board of governors.
At this time, Marimaca Copper's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Issuance Of Capital Stock is likely to grow to about 16.5 M, while Discontinued Operations is likely to drop (1.3 M).
 2021 2022 2023 2024 (projected)
Interest Income245K2.0M597K567.2K
Cost Of Revenue48K46K54K51.3K

Marimaca Copper fundamental ratios Correlations

0.130.950.98-0.63-0.89-0.040.80.98-0.110.810.70.95-0.210.580.130.980.890.17-0.560.33-0.38-0.050.850.310.9
0.13-0.170.120.54-0.290.640.180.140.20.17-0.230.070.31-0.330.980.190.090.770.250.35-0.220.860.290.180.2
0.95-0.170.93-0.8-0.79-0.230.740.93-0.180.750.770.92-0.30.68-0.180.910.87-0.08-0.630.24-0.31-0.310.750.270.83
0.980.120.93-0.54-0.89-0.010.691.0-0.130.70.740.93-0.190.530.140.990.790.19-0.60.23-0.44-0.070.830.160.87
-0.630.54-0.8-0.540.390.42-0.67-0.530.14-0.68-0.5-0.610.31-0.720.56-0.52-0.770.340.42-0.28-0.010.61-0.43-0.45-0.54
-0.89-0.29-0.79-0.890.39-0.06-0.67-0.890.02-0.67-0.64-0.950.12-0.29-0.29-0.88-0.76-0.30.45-0.30.48-0.08-0.9-0.28-0.93
-0.040.64-0.23-0.010.42-0.06-0.140.00.21-0.15-0.05-0.150.87-0.360.70.03-0.110.680.180.38-0.190.340.050.04-0.03
0.80.180.740.69-0.67-0.67-0.140.690.071.00.260.74-0.350.560.150.720.920.22-0.130.41-0.130.090.80.580.83
0.980.140.931.0-0.53-0.890.00.69-0.120.70.730.93-0.190.520.150.990.790.2-0.580.22-0.44-0.040.830.140.87
-0.110.2-0.18-0.130.140.020.210.07-0.120.06-0.52-0.160.19-0.150.24-0.05-0.090.370.680.15-0.52-0.070.020.31-0.02
0.810.170.750.7-0.68-0.67-0.151.00.70.060.270.74-0.360.580.140.730.920.21-0.150.41-0.130.080.80.580.83
0.7-0.230.770.74-0.5-0.64-0.050.260.73-0.520.270.72-0.010.5-0.240.660.51-0.27-0.820.02-0.18-0.330.48-0.140.57
0.950.070.920.93-0.61-0.95-0.150.740.93-0.160.740.72-0.270.470.060.920.850.12-0.560.29-0.31-0.070.880.290.94
-0.210.31-0.3-0.190.310.120.87-0.35-0.190.19-0.36-0.01-0.27-0.320.36-0.17-0.240.40.180.45-0.15-0.03-0.170.09-0.21
0.58-0.330.680.53-0.72-0.29-0.360.560.52-0.150.580.50.47-0.32-0.370.50.61-0.34-0.450.05-0.17-0.380.280.110.37
0.130.98-0.180.140.56-0.290.70.150.150.240.14-0.240.060.36-0.370.210.040.870.260.34-0.230.820.310.110.2
0.980.190.910.99-0.52-0.880.030.720.99-0.050.730.660.92-0.170.50.210.80.28-0.530.29-0.47-0.020.840.210.87
0.890.090.870.79-0.77-0.76-0.110.920.79-0.090.920.510.85-0.240.610.040.80.1-0.430.52-0.18-0.070.750.630.82
0.170.77-0.080.190.34-0.30.680.220.20.370.21-0.270.120.4-0.340.870.280.10.310.46-0.20.550.40.190.28
-0.560.25-0.63-0.60.420.450.18-0.13-0.580.68-0.15-0.82-0.560.18-0.450.26-0.53-0.430.310.040.10.25-0.20.14-0.29
0.330.350.240.23-0.28-0.30.380.410.220.150.410.020.290.450.050.340.290.520.460.04-0.070.030.310.810.33
-0.38-0.22-0.31-0.44-0.010.48-0.19-0.13-0.44-0.52-0.13-0.18-0.31-0.15-0.17-0.23-0.47-0.18-0.20.1-0.070.18-0.29-0.11-0.28
-0.050.86-0.31-0.070.61-0.080.340.09-0.04-0.070.08-0.33-0.07-0.03-0.380.82-0.02-0.070.550.250.030.180.15-0.050.05
0.850.290.750.83-0.43-0.90.050.80.830.020.80.480.88-0.170.280.310.840.750.4-0.20.31-0.290.150.290.98
0.310.180.270.16-0.45-0.280.040.580.140.310.58-0.140.290.090.110.110.210.630.190.140.81-0.11-0.050.290.34
0.90.20.830.87-0.54-0.93-0.030.830.87-0.020.830.570.94-0.210.370.20.870.820.28-0.290.33-0.280.050.980.34
Click cells to compare fundamentals

Marimaca Copper Account Relationship Matchups

Marimaca Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.1M70.0M92.8M84.8M95.6M100.4M
Total Current Liabilities21.2M5.2M9.5M561K1.2M1.1M
Total Stockholder Equity31.5M57.2M83.3M84.3M94.4M99.1M
Property Plant And Equipment Net45.3M55.7M54.2M61.4M71.7M75.3M
Net Debt8.6M(8.2M)(23.8M)(14.6M)(16.6M)(15.7M)
Retained Earnings(120.3M)(118.2M)(137.0M)(139.2M)(146.3M)(139.0M)
Accounts Payable1.1M1.2M397K179K423K401.9K
Cash9.9M13.9M26.8M14.6M16.7M9.1M
Non Current Assets Total47.4M55.7M54.2M65.4M71.9M75.5M
Cash And Short Term Investments9.9M13.9M26.8M14.6M16.7M9.6M
Net Receivables582K448K450K4.8M7.0M7.3M
Common Stock Shares Outstanding60.3M65.6M85.5M88.2M90.5M95.0M
Liabilities And Stockholders Equity58.1M70.0M92.8M84.8M95.6M100.4M
Other Current Assets582.0448.011.8K4.8K7.0K6.6K
Other Stockholder Equity8.2M12.8M27.4M30.6M34.3M36.1M
Total Liab26.5M12.8M9.5M561K1.2M1.1M
Property Plant And Equipment Gross45.5M45.3M55.7M54.6M62.8M65.9M
Total Current Assets10.6M14.3M38.6M19.5M23.7M24.8M
Accumulated Other Comprehensive Income928K719K936K112K65K61.8K
Non Current Liabilities Total5.3M7.6M3.4M179K43K40.9K
Other Current Liab1.7M973K5.1M382K653K1.3M
Short Term Debt18.5M3.0M3.0M0.085K80.8K
Common Stock Total Equity92.6M129.8M142.7M161.9M186.2M99.2M
Inventory186K(448.0)11.3M(4.8K)(7.0K)(6.6K)
Common Stock142.7M161.9M192.0M192.8M206.3M128.6M
Short Long Term Debt Total18.5M5.6M3.0M128K147.2K139.8K
Capital Surpluse8.2M12.8M27.4M30.6M35.1M36.9M
Property Plant Equipment45.3M55.7M54.2M61.4M70.6M45.9M
Other Liab6.6M5.8M5.3M5.0M5.7M5.3M
Net Tangible Assets33.0M31.5M57.2M83.3M95.8M100.6M
Short Long Term Debt19.7M18.5M3.0M3.0M3.4M3.3M
Cash And Equivalents9.9M13.9M26.8M14.6M16.8M13.6M
Net Invested Capital50M62.8M86.3M84.3M94.4M72.5M
Net Working Capital(10.6M)9.1M29.1M18.9M22.5M23.6M
Capital Stock142.7M161.9M192.0M192.8M206.3M188.0M

Pair Trading with Marimaca Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marimaca Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marimaca Stock

  0.67IE Ivanhoe EnergyPairCorr
  0.7FDY Faraday Copper CorpPairCorr

Moving against Marimaca Stock

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  0.64INFM Infinico Metals CorpPairCorr
  0.56ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marimaca Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marimaca Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Marimaca Stock

Balance Sheet is a snapshot of the financial position of Marimaca Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Marimaca Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marimaca Copper and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Marimaca currently owns. An asset can also be divided into two categories, current and non-current.