Regulus Retained Earnings vs Net Receivables Analysis
REG Stock | CAD 1.95 0.05 2.63% |
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 Retained Earnings and its Net Receivables 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.
Retained Earnings vs Net Receivables
Retained Earnings vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regulus Resources Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Regulus Resources' Retained Earnings and Net Receivables is -0.35. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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' Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Regulus Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Regulus Resources' Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Receivables
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
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Regulus Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Regulus Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 56.3M | 52.0M | 56.6M | 71.3M | 82.0M | 86.1M | |
Total Current Liabilities | 747.0K | 1.7M | 5.4M | 958.4K | 1.1M | 2.0M | |
Total Stockholder Equity | 55.2M | 49.7M | 50.6M | 70.1M | 80.6M | 84.6M | |
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 Payable | 738.1K | 1.0M | 4.5M | 847.0K | 974.1K | 1.3M | |
Cash | 2.8M | 9.5M | 249.2K | 18.4M | 21.2M | 22.2M | |
Cash And Short Term Investments | 2.8M | 9.5M | 249.2K | 18.4M | 21.2M | 22.2M | |
Net Receivables | 227.8K | 131.4K | 106.6K | 158.4K | 182.2K | 189.7K | |
Common Stock Shares Outstanding | 93.0M | 98.4M | 101.8M | 116.9M | 134.5M | 141.2M | |
Liabilities And Stockholders Equity | 56.3M | 52.0M | 56.6M | 71.3M | 82.0M | 86.1M | |
Non Current Liabilities Total | 400.9K | 613.4K | 599K | 257K | 231.3K | 219.7K | |
Other Stockholder Equity | 14.4M | 16.6M | 16.8M | 17.9M | 20.6M | 11.5M | |
Total Liab | 1.1M | 2.3M | 6.0M | 1.2M | 1.4M | 2.7M | |
Total Current Assets | 3.4M | 9.7M | 771.5K | 18.7M | 21.5M | 22.5M | |
Property Plant And Equipment Net | 52.5M | 41.7M | 55.5M | 52.4M | 60.2M | 33.7M | |
Non Current Assets Total | 52.9M | 42.3M | 55.9M | 52.6M | 60.5M | 34.4M | |
Other Current Assets | 375.8K | 20.6K | 415.7K | 245.0K | 281.7K | 167.3K | |
Accumulated Other Comprehensive Income | (5.3M) | (7.5M) | (4.0M) | (5.6M) | (5.1M) | (5.3M) | |
Other Current Liab | 738.1K | 365.6K | 28.9K | 103K | 92.7K | 88.1K | |
Common Stock | 122.3M | 104.1M | 114.7M | 137.7M | 158.4M | 102.6M | |
Long Term Investments | 418K | 625.3K | 374.8K | 273.5K | 314.5K | 524.9K | |
Net Tangible Assets | 47.2M | 55.2M | 49.7M | 50.6M | 58.2M | 43.6M | |
Property Plant Equipment | 44.9M | 52.5M | 41.7M | 55.5M | 63.8M | 36.4M | |
Net Invested Capital | 55.2M | 49.7M | 51.3M | 70.1M | 80.6M | 56.2M | |
Net Working Capital | 2.6M | 8.0M | (4.6M) | 17.7M | 20.4M | 21.4M |
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When running Regulus Resources' price analysis, check to measure Regulus 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 Regulus Resources is operating at the current time. Most of Regulus Resources' value examination focuses on studying past and present price action to predict the probability of Regulus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regulus Resources' price. Additionally, you may evaluate how the addition of Regulus Resources to your portfolios can decrease your overall portfolio volatility.