Regulus Short Term Investments vs Property Plant And Equipment Net 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 Short Term Investments and its Property Plant And Equipment Net 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.

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regulus Resources Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Regulus Resources' Short Term Investments and Property Plant And Equipment Net is -0.19. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Net 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' Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Regulus Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Regulus Resources' Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Regulus Resources balance sheet. It contains any investments Regulus Resources undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Regulus Resources can easily liquidate in the marketplace.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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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