Resolution Total Current Assets vs Cash And Short Term Investments Analysis

RML Stock   0.02  0  12.50%   
Resolution Minerals financial indicator trend analysis is much more than just breaking down Resolution Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resolution Minerals is a good investment. Please check the relationship between Resolution Minerals 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 Resolution Minerals. 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 Resolution Minerals Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Resolution Minerals' Total Current Assets and Cash And Short Term Investments is 0.8. 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 Resolution Minerals, assuming nothing else is changed. The correlation between historical values of Resolution Minerals' 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 Resolution Minerals 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., Resolution Minerals' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

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 Resolution Minerals balance sheet. This account contains Resolution Minerals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Resolution Minerals 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 Resolution Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resolution Minerals 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 Resolution Minerals. 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 gain to about 1.5 M in 2024. Issuance Of Capital Stock is likely to gain to about 5.4 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization32.1K31.7K8.9K8.4K
Interest Income1.3K32.6K29.3K30.8K

Resolution Minerals fundamental ratios Correlations

0.831.0-0.80.56-0.740.980.890.810.280.250.84-0.730.9-0.020.6-0.64-0.590.330.870.360.920.410.310.890.91
0.830.81-0.580.85-0.750.850.780.530.7-0.161.0-0.750.79-0.060.58-0.75-0.580.290.820.180.790.680.570.680.8
1.00.81-0.80.54-0.740.980.880.820.260.270.82-0.730.9-0.010.59-0.63-0.590.330.870.370.920.390.290.90.91
-0.8-0.58-0.8-0.390.82-0.84-0.51-0.97-0.03-0.26-0.580.79-0.81-0.28-0.670.610.67-0.47-0.83-0.55-0.78-0.27-0.31-0.86-0.78
0.560.850.54-0.39-0.510.580.470.350.92-0.250.84-0.510.550.040.39-0.55-0.390.310.530.110.540.610.590.450.55
-0.74-0.75-0.740.82-0.51-0.85-0.57-0.72-0.260.11-0.751.0-0.8-0.19-0.810.820.8-0.33-0.85-0.44-0.78-0.44-0.49-0.72-0.79
0.980.850.98-0.840.58-0.850.850.830.290.160.86-0.840.920.030.68-0.72-0.680.350.910.40.930.440.370.890.93
0.890.780.88-0.510.47-0.570.850.490.350.30.79-0.570.74-0.30.47-0.57-0.470.070.730.360.780.380.220.710.78
0.810.530.82-0.970.35-0.720.830.49-0.040.30.54-0.690.810.320.59-0.52-0.590.520.790.450.790.230.240.880.78
0.280.70.26-0.030.92-0.260.290.35-0.04-0.330.69-0.270.26-0.160.18-0.38-0.180.060.250.00.250.530.510.120.27
0.25-0.160.27-0.26-0.250.110.160.30.3-0.33-0.150.14-0.03-0.49-0.290.320.3-0.33-0.080.6-0.02-0.39-0.420.14-0.04
0.841.00.82-0.580.84-0.750.860.790.540.69-0.15-0.750.8-0.060.58-0.75-0.580.30.820.180.80.680.570.680.8
-0.73-0.75-0.730.79-0.511.0-0.84-0.57-0.69-0.270.14-0.75-0.79-0.18-0.810.820.8-0.31-0.85-0.42-0.77-0.43-0.48-0.71-0.79
0.90.790.9-0.810.55-0.80.920.740.810.26-0.030.8-0.790.370.86-0.86-0.860.660.960.350.990.590.550.970.99
-0.02-0.06-0.01-0.280.04-0.190.03-0.30.32-0.16-0.49-0.06-0.180.370.58-0.4-0.590.860.29-0.110.330.240.390.390.33
0.60.580.59-0.670.39-0.810.680.470.590.18-0.290.58-0.810.860.58-0.93-1.00.690.850.360.840.540.610.80.85
-0.64-0.75-0.630.61-0.550.82-0.72-0.57-0.52-0.380.32-0.750.82-0.86-0.4-0.930.93-0.64-0.85-0.39-0.82-0.78-0.81-0.75-0.84
-0.59-0.58-0.590.67-0.390.8-0.68-0.47-0.59-0.180.3-0.580.8-0.86-0.59-1.00.93-0.69-0.84-0.35-0.83-0.53-0.62-0.8-0.85
0.330.290.33-0.470.31-0.330.350.070.520.06-0.330.3-0.310.660.860.69-0.64-0.690.550.10.60.610.680.650.61
0.870.820.87-0.830.53-0.850.910.730.790.25-0.080.82-0.850.960.290.85-0.85-0.840.550.30.950.550.490.920.95
0.360.180.37-0.550.11-0.440.40.360.450.00.60.18-0.420.35-0.110.36-0.39-0.350.10.30.290.180.310.40.3
0.920.790.92-0.780.54-0.780.930.780.790.25-0.020.8-0.770.990.330.84-0.82-0.830.60.950.290.520.460.971.0
0.410.680.39-0.270.61-0.440.440.380.230.53-0.390.68-0.430.590.240.54-0.78-0.530.610.550.180.520.950.440.54
0.310.570.29-0.310.59-0.490.370.220.240.51-0.420.57-0.480.550.390.61-0.81-0.620.680.490.310.460.950.410.49
0.890.680.9-0.860.45-0.720.890.710.880.120.140.68-0.710.970.390.8-0.75-0.80.650.920.40.970.440.410.96
0.910.80.91-0.780.55-0.790.930.780.780.27-0.040.8-0.790.990.330.85-0.84-0.850.610.950.31.00.540.490.96
Click cells to compare fundamentals

Resolution Minerals Account Relationship Matchups

Resolution Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M12.8M21.2M25.7M22.6M20.0M
Total Current Liabilities149.7K570.6K1.1M752.9K469.0K564.9K
Total Stockholder Equity7.6M12.2M20.1M24.9M22.1M19.4M
Retained Earnings(2.8M)(4.1M)(5.0M)(5.3M)(13.5M)(15.0M)
Accounts Payable28.4K34.0K598.4K135.6K125.6K249.3K
Cash741.9K2.2M1.8M2.3M1.3M238.7K
Non Current Assets Total6.9M10.6M19.4M23.3M20.9M19.4M
Non Currrent Assets Other10.5M19.3M22.9M18.3M1.3M1.3M
Common Stock Shares Outstanding52.9M126.2M328.2M614.2M1.0B1.4B
Non Current Liabilities Total34.0K598.4K31.9K8.8K(2.0)0.0
Other Current Assets24.5K41.6K130.2K350.1K37.6K3.7K
Total Liab149.7K570.6K1.1M784.7K477.8K564.9K
Total Current Assets765.1K2.2M1.8M2.4M1.7M587.8K
Net Tangible Assets12.2M20.1M24.9M22.1M25.4M15.0M
Property Plant And Equipment Net75.7K126.3K320.4K165.7K19.2M20.1M
Net Debt(2.2M)(1.8M)(2.2M)(1.3M)(238.7K)(250.7K)
Cash And Short Term Investments2.2M1.8M2.3M1.3M238.7K226.8K
Net Receivables24.5K41.6K130.2K100.1K311.4K327.0K
Liabilities And Stockholders Equity12.8M21.2M25.7M22.6M20.0M17.3M
Other Stockholder Equity720.9K831.1K(1.0)1.03.0M0.95
Property Plant And Equipment Gross10.6M19.4M23.3M18.5M21.2M13.3M
Accumulated Other Comprehensive Income1.4M1.5M851.2K3.0M1.1M1.4M
Cash And Equivalents2.2M1.8M2.3M1.3M1.5M2.0M
Common Stock14.9M23.6M29.4M32.6M33.3M21.9M
Property Plant Equipment10.6M19.4M23.3M18.5M21.2M13.1M
Other Current Liab536.6K493.2K591.2K311.5K315.6K401.8K
Inventory(24.5K)(41.6K)(130.2K)(100.1K)(90.1K)(85.6K)
Net Invested Capital12.2M20.1M24.9M22.1M25.4M17.4M
Net Working Capital1.6M702.1K1.7M1.2M1.1M1.3M
Capital Stock14.9M23.6M29.4M32.6M37.5M24.2M

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Additional Tools for Resolution Stock Analysis

When running Resolution Minerals' price analysis, check to measure Resolution Minerals' 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 Resolution Minerals is operating at the current time. Most of Resolution Minerals' value examination focuses on studying past and present price action to predict the probability of Resolution Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resolution Minerals' price. Additionally, you may evaluate how the addition of Resolution Minerals to your portfolios can decrease your overall portfolio volatility.