Regulus Average Payables vs Capex To Depreciation Analysis

REG Stock  CAD 2.00  0.01  0.50%   
Regulus Resources financial indicator trend analysis is much more than just breaking down Regulus Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regulus Resources is a good investment. Please check the relationship between Regulus Resources Average Payables and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regulus Resources. 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.

Average Payables vs Capex To Depreciation

Average Payables vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regulus Resources Average Payables account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Regulus Resources' Average Payables and Capex To Depreciation is -0.13. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Regulus Resources, assuming nothing else is changed. The correlation between historical values of Regulus Resources' Average Payables and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Regulus Resources are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Average Payables i.e., Regulus Resources' Average Payables and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Regulus Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regulus 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regulus Resources. 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, Regulus Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 27.8 M in 2024, whereas Tax Provision is likely to drop (273.1 K) in 2024.

Regulus Resources fundamental ratios Correlations

0.231.0-0.59-0.740.320.670.670.380.95-0.190.820.260.690.740.750.51-0.57-0.62-0.720.780.84-0.620.26-0.520.86
0.230.17-0.01-0.480.880.020.020.230.260.30.240.980.030.140.160.41-0.160.06-0.260.110.30.060.45-0.340.29
1.00.17-0.59-0.710.270.680.680.370.94-0.220.820.210.70.740.750.49-0.57-0.64-0.720.780.83-0.640.23-0.50.85
-0.59-0.01-0.590.580.17-0.98-0.98-0.17-0.530.18-0.41-0.08-0.98-0.12-0.13-0.11-0.050.420.36-0.28-0.640.42-0.460.42-0.44
-0.74-0.48-0.710.58-0.47-0.57-0.57-0.35-0.850.02-0.84-0.55-0.58-0.52-0.52-0.420.270.210.46-0.68-0.910.21-0.630.75-0.78
0.320.880.270.17-0.47-0.13-0.130.30.390.20.410.85-0.110.410.420.5-0.540.01-0.40.260.350.010.35-0.290.41
0.670.020.68-0.98-0.57-0.131.00.160.61-0.220.450.091.00.170.190.13-0.05-0.6-0.460.360.65-0.60.43-0.420.47
0.670.020.68-0.98-0.57-0.131.00.160.61-0.220.450.091.00.170.190.13-0.05-0.6-0.460.360.65-0.60.43-0.420.47
0.380.230.37-0.17-0.350.30.160.160.34-0.130.270.230.210.370.390.83-0.32-0.010.060.270.4-0.010.31-0.450.54
0.950.260.94-0.53-0.850.390.610.610.34-0.190.910.310.620.740.740.43-0.55-0.57-0.690.870.89-0.570.32-0.640.86
-0.190.3-0.220.180.020.2-0.22-0.22-0.13-0.19-0.170.36-0.23-0.24-0.24-0.20.110.270.21-0.14-0.180.270.20.4-0.22
0.820.240.82-0.41-0.840.410.450.450.270.91-0.170.290.460.850.850.45-0.53-0.28-0.670.860.93-0.280.27-0.520.89
0.260.980.21-0.08-0.550.850.090.090.230.310.360.290.10.120.130.38-0.140.0-0.270.190.340.00.54-0.340.31
0.690.030.7-0.98-0.58-0.111.01.00.210.62-0.230.460.10.190.210.17-0.06-0.59-0.450.370.67-0.590.44-0.440.5
0.740.140.74-0.12-0.520.410.170.170.370.74-0.240.850.120.191.00.63-0.65-0.19-0.640.730.73-0.19-0.07-0.310.87
0.750.160.75-0.13-0.520.420.190.190.390.74-0.240.850.130.211.00.66-0.66-0.19-0.630.710.74-0.19-0.04-0.310.88
0.510.410.49-0.11-0.420.50.130.130.830.43-0.20.450.380.170.630.66-0.38-0.01-0.270.360.53-0.010.21-0.410.71
-0.57-0.16-0.57-0.050.27-0.54-0.05-0.05-0.32-0.550.11-0.53-0.14-0.06-0.65-0.66-0.380.330.56-0.44-0.380.33-0.060.08-0.48
-0.620.06-0.640.420.210.01-0.6-0.6-0.01-0.570.27-0.280.0-0.59-0.19-0.19-0.010.330.55-0.48-0.281.0-0.060.2-0.26
-0.72-0.26-0.720.360.46-0.4-0.46-0.460.06-0.690.21-0.67-0.27-0.45-0.64-0.63-0.270.560.55-0.65-0.580.550.10.14-0.52
0.780.110.78-0.28-0.680.260.360.360.270.87-0.140.860.190.370.730.710.36-0.44-0.48-0.650.72-0.480.05-0.410.74
0.840.30.83-0.64-0.910.350.650.650.40.89-0.180.930.340.670.730.740.53-0.38-0.28-0.580.72-0.280.46-0.660.91
-0.620.06-0.640.420.210.01-0.6-0.6-0.01-0.570.27-0.280.0-0.59-0.19-0.19-0.010.331.00.55-0.48-0.28-0.060.2-0.26
0.260.450.23-0.46-0.630.350.430.430.310.320.20.270.540.44-0.07-0.040.21-0.06-0.060.10.050.46-0.06-0.470.33
-0.52-0.34-0.50.420.75-0.29-0.42-0.42-0.45-0.640.4-0.52-0.34-0.44-0.31-0.31-0.410.080.20.14-0.41-0.660.2-0.47-0.59
0.860.290.85-0.44-0.780.410.470.470.540.86-0.220.890.310.50.870.880.71-0.48-0.26-0.520.740.91-0.260.33-0.59
Click cells to compare fundamentals

Regulus Resources Account Relationship Matchups

Regulus Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.3M52.0M56.6M71.3M82.0M86.1M
Total Current Liabilities747.0K1.7M5.4M958.4K1.1M2.0M
Total Stockholder Equity55.2M49.7M50.6M70.1M80.6M84.6M
Net Debt(2.7M)(9.2M)593.9K(18.4M)(16.6M)(15.7M)
Retained Earnings(68.6M)(74.1M)(76.8M)(79.9M)(71.9M)(68.3M)
Accounts Payable738.1K1.0M4.5M847.0K974.1K1.3M
Cash2.8M9.5M249.2K18.4M21.2M22.2M
Cash And Short Term Investments2.8M9.5M249.2K18.4M21.2M22.2M
Net Receivables227.8K131.4K106.6K158.4K182.2K189.7K
Common Stock Shares Outstanding93.0M98.4M101.8M116.9M134.5M141.2M
Liabilities And Stockholders Equity56.3M52.0M56.6M71.3M82.0M86.1M
Non Current Liabilities Total400.9K613.4K599K257K231.3K219.7K
Other Stockholder Equity14.4M16.6M16.8M17.9M20.6M11.5M
Total Liab1.1M2.3M6.0M1.2M1.4M2.7M
Total Current Assets3.4M9.7M771.5K18.7M21.5M22.5M
Property Plant And Equipment Net52.5M41.7M55.5M52.4M60.2M33.7M
Non Current Assets Total52.9M42.3M55.9M52.6M60.5M34.4M
Other Current Assets375.8K20.6K415.7K245.0K281.7K167.3K
Accumulated Other Comprehensive Income(5.3M)(7.5M)(4.0M)(5.6M)(5.1M)(5.3M)
Other Current Liab738.1K365.6K28.9K103K92.7K88.1K
Common Stock122.3M104.1M114.7M137.7M158.4M102.6M
Long Term Investments418K625.3K374.8K273.5K314.5K524.9K
Net Tangible Assets47.2M55.2M49.7M50.6M58.2M43.6M
Property Plant Equipment44.9M52.5M41.7M55.5M63.8M36.4M
Net Invested Capital55.2M49.7M51.3M70.1M80.6M56.2M
Net Working Capital2.6M8.0M(4.6M)17.7M20.4M21.4M

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