ROKMASTER Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROKMASTER Resources Corp Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between ROKMASTER Resources' Total Current Assets and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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' Total Current Assets and Cash And Short Term Investments 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 Current Assets of ROKMASTER Resources Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., ROKMASTER Resources' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ROKMASTER Resources Corp balance sheet. This account contains ROKMASTER Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ROKMASTER Resources Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Other Assets	Other Stockholder Equity	Short Long Term Debt	Short Term Debt	Property Plant Equipment
Common Stock Shares Outstanding		0.35	0.25	0.38	0.26	0.6	-0.15	-0.99	0.5	0.13	0.61	0.97	0.07	0.53	-0.73	0.4	0.38	0.09	0.99	-0.25	0.93	0.94	0.92	-0.52	-0.25	0.49
Total Assets	0.35		0.72	0.36	0.97	0.49	-0.89	-0.32	0.02	0.89	0.5	0.53	0.88	0.83	0.13	0.98	0.36	0.89	0.48	-0.13	0.64	0.6	0.55	-0.35	-0.13	0.53
Other Current Liab	0.25	0.72		0.78	0.57	-0.05	-0.88	-0.29	0.37	0.88	-0.04	0.37	0.85	0.55	-0.1	0.71	0.78	0.85	0.36	-0.27	0.5	0.5	0.5	-0.3	-0.27	0.14
Total Current Liabilities	0.38	0.36	0.78		0.13	-0.01	-0.48	-0.48	0.84	0.5	0.0	0.36	0.41	0.47	-0.25	0.4	1.0	0.41	0.44	-0.14	0.44	0.5	0.53	-0.41	-0.14	-0.15
Total Stockholder Equity	0.26	0.97	0.57	0.13		0.52	-0.83	-0.21	-0.19	0.82	0.52	0.46	0.83	0.76	0.24	0.94	0.13	0.84	0.37	-0.1	0.55	0.5	0.44	-0.26	-0.1	0.6
Property Plant And Equipment Net	0.6	0.49	-0.05	-0.01	0.52		-0.06	-0.57	0.16	0.04	1.0	0.6	0.01	0.74	-0.05	0.52	-0.01	0.04	0.63	-0.13	0.58	0.57	0.52	-0.36	-0.13	0.48
Net Debt	-0.15	-0.89	-0.88	-0.48	-0.83	-0.06		0.15	-0.01	-1.0	-0.07	-0.35	-0.99	-0.58	-0.12	-0.87	-0.48	-0.99	-0.28	0.12	-0.48	-0.46	-0.42	0.29	0.12	-0.36
Retained Earnings	-0.99	-0.32	-0.29	-0.48	-0.21	-0.57	0.15		-0.6	-0.13	-0.57	-0.95	-0.06	-0.53	0.72	-0.38	-0.48	-0.08	-0.98	0.26	-0.91	-0.94	-0.92	0.58	0.26	-0.44
Accounts Payable	0.5	0.02	0.37	0.84	-0.19	0.16	-0.01	-0.6		0.02	0.16	0.37	-0.07	0.35	-0.35	0.09	0.84	-0.06	0.5	-0.16	0.38	0.45	0.49	-0.44	-0.16	-0.21
Cash	0.13	0.89	0.88	0.5	0.82	0.04	-1.0	-0.13	0.02		0.05	0.32	0.99	0.57	0.14	0.86	0.5	0.99	0.26	-0.08	0.45	0.44	0.41	-0.29	-0.08	0.34
Non Current Assets Total	0.61	0.5	-0.04	0.0	0.52	1.0	-0.07	-0.57	0.16	0.05		0.61	0.02	0.74	-0.05	0.52	0.0	0.04	0.63	-0.13	0.59	0.58	0.53	-0.36	-0.13	0.49
Non Currrent Assets Other	0.97	0.53	0.37	0.36	0.46	0.6	-0.35	-0.95	0.37	0.32	0.61		0.28	0.6	-0.64	0.57	0.36	0.29	0.98	-0.27	0.98	0.98	0.94	-0.54	-0.27	0.62
Cash And Short Term Investments	0.07	0.88	0.85	0.41	0.83	0.01	-0.99	-0.06	-0.07	0.99	0.02	0.28		0.54	0.17	0.84	0.41	1.0	0.2	-0.08	0.41	0.38	0.35	-0.2	-0.08	0.34
Net Receivables	0.53	0.83	0.55	0.47	0.76	0.74	-0.58	-0.53	0.35	0.57	0.74	0.6	0.54		-0.04	0.81	0.47	0.56	0.62	-0.15	0.67	0.66	0.65	-0.4	-0.15	0.32
Inventory	-0.73	0.13	-0.1	-0.25	0.24	-0.05	-0.12	0.72	-0.35	0.14	-0.05	-0.64	0.17	-0.04		0.13	-0.25	0.17	-0.67	0.17	-0.6	-0.61	-0.63	0.2	0.17	-0.11
Other Current Assets	0.4	0.98	0.71	0.4	0.94	0.52	-0.87	-0.38	0.09	0.86	0.52	0.57	0.84	0.81	0.13		0.4	0.85	0.52	-0.12	0.66	0.64	0.59	-0.4	-0.12	0.5
Total Liab	0.38	0.36	0.78	1.0	0.13	-0.01	-0.48	-0.48	0.84	0.5	0.0	0.36	0.41	0.47	-0.25	0.4		0.41	0.44	-0.14	0.44	0.5	0.53	-0.41	-0.14	-0.15
Total Current Assets	0.09	0.89	0.85	0.41	0.84	0.04	-0.99	-0.08	-0.06	0.99	0.04	0.29	1.0	0.56	0.17	0.85	0.41		0.22	-0.08	0.42	0.39	0.36	-0.21	-0.08	0.35
Common Stock	0.99	0.48	0.36	0.44	0.37	0.63	-0.28	-0.98	0.5	0.26	0.63	0.98	0.2	0.62	-0.67	0.52	0.44	0.22		-0.27	0.97	0.98	0.95	-0.59	-0.27	0.53
Short Long Term Debt Total	-0.25	-0.13	-0.27	-0.14	-0.1	-0.13	0.12	0.26	-0.16	-0.08	-0.13	-0.27	-0.08	-0.15	0.17	-0.12	-0.14	-0.08	-0.27		-0.24	-0.29	-0.24	0.4	1.0	-0.2
Net Tangible Assets	0.93	0.64	0.5	0.44	0.55	0.58	-0.48	-0.91	0.38	0.45	0.59	0.98	0.41	0.67	-0.6	0.66	0.44	0.42	0.97	-0.24		0.99	0.96	-0.52	-0.24	0.62
Other Assets	0.94	0.6	0.5	0.5	0.5	0.57	-0.46	-0.94	0.45	0.44	0.58	0.98	0.38	0.66	-0.61	0.64	0.5	0.39	0.98	-0.29	0.99		0.96	-0.62	-0.29	0.58
Other Stockholder Equity	0.92	0.55	0.5	0.53	0.44	0.52	-0.42	-0.92	0.49	0.41	0.53	0.94	0.35	0.65	-0.63	0.59	0.53	0.36	0.95	-0.24	0.96	0.96		-0.54	-0.24	0.46
Short Long Term Debt	-0.52	-0.35	-0.3	-0.41	-0.26	-0.36	0.29	0.58	-0.44	-0.29	-0.36	-0.54	-0.2	-0.4	0.2	-0.4	-0.41	-0.21	-0.59	0.4	-0.52	-0.62	-0.54		0.4	-0.36
Short Term Debt	-0.25	-0.13	-0.27	-0.14	-0.1	-0.13	0.12	0.26	-0.16	-0.08	-0.13	-0.27	-0.08	-0.15	0.17	-0.12	-0.14	-0.08	-0.27	1.0	-0.24	-0.29	-0.24	0.4		-0.2
Property Plant Equipment	0.49	0.53	0.14	-0.15	0.6	0.48	-0.36	-0.44	-0.21	0.34	0.49	0.62	0.34	0.32	-0.11	0.5	-0.15	0.35	0.53	-0.2	0.62	0.58	0.46	-0.36	-0.2

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ROKMASTER Resources Account Relationship Matchups

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

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