ROKMASTER Selling General Administrative vs Total Assets Analysis
RKR Stock | CAD 0.02 0.01 33.33% |
ROKMASTER Resources financial indicator trend analysis is much more than just breaking down ROKMASTER Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ROKMASTER Resources Corp is a good investment. Please check the relationship between ROKMASTER Resources Selling General Administrative and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ROKMASTER Resources 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.
Selling General Administrative vs Total Assets
Selling General Administrative vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROKMASTER Resources Corp Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ROKMASTER Resources' Selling General Administrative and Total Assets is 0.92. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of ROKMASTER Resources Corp, assuming nothing else is changed. The correlation between historical values of ROKMASTER Resources' Selling General Administrative and Total 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 Selling General Administrative of ROKMASTER Resources Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., ROKMASTER Resources' Selling General Administrative and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Total Assets
Total assets refers to the total amount of ROKMASTER Resources 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 ROKMASTER Resources Corp 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.Most indicators from ROKMASTER Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ROKMASTER Resources 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ROKMASTER Resources 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. Selling General Administrative is likely to climb to about 1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.3 M in 2024.
ROKMASTER Resources fundamental ratios Correlations
Click cells to compare fundamentals
ROKMASTER Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ROKMASTER Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 25.9M | 54.3M | 103.6M | 130.9M | 156.0M | 163.8M | |
Total Assets | 777.3K | 11.6M | 7.0M | 6.6M | 1.4M | 1.3M | |
Other Current Liab | 99.8K | 1.8M | 769.5K | 97.4K | 549.0K | 474.8K | |
Total Current Liabilities | 1.1M | 2.6M | 1.4M | 1.0M | 2.1M | 1.5M | |
Total Stockholder Equity | (287.2K) | 9.1M | 5.6M | 5.5M | (709.7K) | (674.3K) | |
Net Debt | 187.2K | (10.2M) | (4.7M) | (33.2K) | (25.8K) | (27.0K) | |
Retained Earnings | (10.8M) | (16.2M) | (23.7M) | (29.5M) | (37.5M) | (35.6M) | |
Accounts Payable | 756.6K | 779.1K | 622.4K | 940.9K | 1.5M | 870.7K | |
Cash | 20.9K | 10.2M | 4.7M | 33.2K | 25.8K | 24.5K | |
Cash And Short Term Investments | 20.9K | 10.2M | 4.7M | 33.2K | 25.8K | 24.5K | |
Net Receivables | 21.9K | 187.4K | 80.0K | 214.5K | 57.5K | 73.9K | |
Liabilities And Stockholders Equity | 777.3K | 11.6M | 7.0M | 6.6M | 1.4M | 1.3M | |
Other Current Assets | 5.5K | 268.3K | 216.3K | 161.8K | 21.7K | 20.6K | |
Total Liab | 1.1M | 2.6M | 1.4M | 1.0M | 2.1M | 1.5M | |
Total Current Assets | 48.3K | 10.6M | 5.0M | 409.4K | 104.9K | 99.7K | |
Accumulated Other Comprehensive Income | 3.2M | 10.4M | 11.1M | 13.3M | 13.5M | 14.2M | |
Common Stock | 7.4M | 14.9M | 18.2M | 21.7M | 23.2M | 24.4M | |
Net Tangible Assets | 212.9K | (6.0K) | (287.2K) | 9.1M | 10.4M | 11.0M | |
Other Stockholder Equity | 7.0M | 3.1M | 3.2M | 10.4M | 12.0M | 12.6M | |
Net Invested Capital | (79.1K) | 9.1M | 5.6M | 5.5M | (709.7K) | (674.3K) | |
Net Working Capital | (1.0M) | 8.1M | 3.6M | (628.9K) | (2.0M) | (1.9M) | |
Capital Stock | 7.4M | 14.9M | 18.2M | 21.7M | 23.2M | 17.0M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for ROKMASTER Stock Analysis
When running ROKMASTER Resources' price analysis, check to measure ROKMASTER 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 ROKMASTER Resources is operating at the current time. Most of ROKMASTER Resources' value examination focuses on studying past and present price action to predict the probability of ROKMASTER Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ROKMASTER Resources' price. Additionally, you may evaluate how the addition of ROKMASTER Resources to your portfolios can decrease your overall portfolio volatility.