Plata Total Assets vs Total Current Assets Analysis

PLA Stock  CAD 0.01  0.00  0.00%   
Plata Latina financial indicator trend analysis is much more than just breaking down Plata Latina Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plata Latina Minerals is a good investment. Please check the relationship between Plata Latina Total Assets and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plata Latina Minerals. 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 Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plata Latina Minerals Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Plata Latina's Total Assets and Total Current Assets is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Plata Latina Minerals, assuming nothing else is changed. The correlation between historical values of Plata Latina's Total Assets and Total Current Assets 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 Plata Latina Minerals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Plata Latina's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Plata Latina 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 Plata Latina Minerals 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Plata Latina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plata Latina Minerals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plata Latina Minerals. 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 drop to about 157.2 K in 2024. Tax Provision is likely to drop to about (156.2 K) in 2024
 2023 2024 (projected)
Research Development5.8K5.1K
Interest Income674.1640.4

Plata Latina fundamental ratios Correlations

-0.760.221.00.941.00.980.360.530.830.980.940.790.89-0.780.99-0.92-0.920.930.38-0.830.87-0.880.380.380.38
-0.76-0.21-0.77-0.55-0.77-0.79-0.35-0.67-0.66-0.7-0.68-0.53-0.750.81-0.730.760.76-0.81-0.40.73-0.740.75-0.4-0.4-0.4
0.22-0.210.130.210.130.110.92-0.52-0.290.09-0.050.74-0.2-0.10.3-0.2-0.20.460.25-0.490.53-0.530.250.250.25
1.0-0.770.130.921.00.990.280.60.880.990.960.730.93-0.80.98-0.92-0.920.910.36-0.80.85-0.850.360.360.36
0.94-0.550.210.920.920.880.390.330.690.950.930.810.78-0.60.95-0.85-0.850.790.31-0.690.72-0.730.310.310.31
1.0-0.770.131.00.920.990.280.60.880.990.960.730.93-0.80.98-0.92-0.920.910.36-0.80.85-0.850.360.360.36
0.98-0.790.110.990.880.990.240.640.890.970.940.690.94-0.780.96-0.88-0.880.910.3-0.780.85-0.860.30.30.3
0.36-0.350.920.280.390.280.24-0.43-0.170.260.140.8-0.05-0.180.43-0.36-0.360.520.29-0.530.53-0.560.290.290.29
0.53-0.67-0.520.60.330.60.64-0.430.830.550.63-0.050.83-0.680.44-0.51-0.510.410.19-0.350.34-0.340.190.190.19
0.83-0.66-0.290.880.690.880.89-0.170.830.870.850.340.97-0.770.77-0.77-0.770.710.27-0.620.64-0.650.270.270.27
0.98-0.70.090.990.950.990.970.260.550.870.970.720.92-0.740.97-0.9-0.90.870.33-0.750.79-0.80.330.330.33
0.94-0.68-0.050.960.930.960.940.140.630.850.970.610.94-0.720.92-0.87-0.870.760.25-0.650.67-0.680.250.250.25
0.79-0.530.740.730.810.730.690.8-0.050.340.720.610.43-0.510.85-0.72-0.720.850.37-0.80.85-0.850.370.370.37
0.89-0.75-0.20.930.780.930.94-0.050.830.970.920.940.43-0.790.84-0.83-0.830.750.22-0.640.66-0.670.220.220.22
-0.780.81-0.1-0.8-0.6-0.8-0.78-0.18-0.68-0.77-0.74-0.72-0.51-0.79-0.740.90.9-0.78-0.620.89-0.780.78-0.62-0.62-0.62
0.99-0.730.30.980.950.980.960.430.440.770.970.920.850.84-0.74-0.91-0.910.930.37-0.830.88-0.880.370.370.37
-0.920.76-0.2-0.92-0.85-0.92-0.88-0.36-0.51-0.77-0.9-0.87-0.72-0.830.9-0.911.0-0.87-0.480.89-0.820.82-0.48-0.48-0.48
-0.920.76-0.2-0.92-0.85-0.92-0.88-0.36-0.51-0.77-0.9-0.87-0.72-0.830.9-0.911.0-0.87-0.480.89-0.820.82-0.48-0.48-0.48
0.93-0.810.460.910.790.910.910.520.410.710.870.760.850.75-0.780.93-0.87-0.870.43-0.920.97-0.980.430.430.43
0.38-0.40.250.360.310.360.30.290.190.270.330.250.370.22-0.620.37-0.48-0.480.43-0.620.48-0.471.01.01.0
-0.830.73-0.49-0.8-0.69-0.8-0.78-0.53-0.35-0.62-0.75-0.65-0.8-0.640.89-0.830.890.89-0.92-0.62-0.930.94-0.62-0.62-0.62
0.87-0.740.530.850.720.850.850.530.340.640.790.670.850.66-0.780.88-0.82-0.820.970.48-0.93-0.990.480.480.48
-0.880.75-0.53-0.85-0.73-0.85-0.86-0.56-0.34-0.65-0.8-0.68-0.85-0.670.78-0.880.820.82-0.98-0.470.94-0.99-0.47-0.47-0.47
0.38-0.40.250.360.310.360.30.290.190.270.330.250.370.22-0.620.37-0.48-0.480.431.0-0.620.48-0.471.01.0
0.38-0.40.250.360.310.360.30.290.190.270.330.250.370.22-0.620.37-0.48-0.480.431.0-0.620.48-0.471.01.0
0.38-0.40.250.360.310.360.30.290.190.270.330.250.370.22-0.620.37-0.48-0.480.431.0-0.620.48-0.471.01.0
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Plata Latina Account Relationship Matchups

Plata Latina fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets754.4K440.0K378.5K353.9K318.5K302.6K
Total Current Liabilities88.9K23.2K18.6K20.0K18.0K17.1K
Total Stockholder Equity665.6K416.8K360.0K333.8K300.4K285.4K
Net Tangible Assets665.6K416.8K360.0K333.8K300.4K285.4K
Retained Earnings(11.5M)(11.7M)(11.8M)(11.9M)(10.7M)(11.2M)
Accounts Payable64.9K3.2K18.6K1.0K935.1888.35
Cash197.6K427.4K367K348.8K313.9K251.5K
Net Receivables23.5K12.3K4.2K5.1K4.5K4.3K
Other Stockholder Equity658.2K666.3K663.4K693.9K624.5K757.9K
Total Liab88.9K23.2K18.6K20.0K18.0K17.1K
Total Current Assets225.3K440.0K378.5K353.9K318.5K529.3K
Net Invested Capital665.6K416.8K360.0K333.8K300.4K285.4K
Net Working Capital136.5K416.8K360.0K333.8K383.9K403.1K

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Additional Tools for Plata Stock Analysis

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