Roscan Capex To Depreciation vs Income Quality Analysis

ROS Stock

CAD 0.07 0.01 7.14%

Roscan Gold financial indicator trend analysis is much more than just breaking down Roscan Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roscan Gold Corp is a good investment. Please check the relationship between Roscan Gold Capex To Depreciation and its Income Quality accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roscan Gold 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.

Capex To Depreciation vs Income Quality

Capex To Depreciation vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roscan Gold Corp Capex To Depreciation account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Roscan Gold's Capex To Depreciation and Income Quality is -0.54. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Income Quality in the same time period over historical financial statements of Roscan Gold Corp, assuming nothing else is changed. The correlation between historical values of Roscan Gold's Capex To Depreciation and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Roscan Gold Corp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Depreciation i.e., Roscan Gold's Capex To Depreciation and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

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Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Roscan Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roscan Gold 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 Roscan Gold 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.

Enterprise Value is likely to climb to about 62.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

Roscan Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Inventory	Other Current Liab	Net Tangible Assets	Short Long Term Debt	Current Deferred Revenue	Net Invested Capital	Net Working Capital
Total Assets		0.21	0.81	-0.07	-1.0	-0.25	0.07	1.0	0.58	1.0	0.53	0.21	0.06	0.21	1.0	0.23	0.63	-0.04	-0.05	0.13	0.77	0.86	0.31	-0.14	0.81	0.81
Total Current Liabilities	0.21		-0.39	-0.52	-0.17	-0.78	0.98	0.16	0.51	0.16	0.53	0.82	0.65	1.0	0.21	0.78	0.7	-0.22	-0.23	-0.57	0.58	-0.28	0.68	0.56	-0.39	-0.39
Total Stockholder Equity	0.81	-0.39		0.21	-0.84	0.21	-0.51	0.84	0.2	0.84	0.15	-0.25	-0.3	-0.39	0.82	-0.21	0.16	0.08	0.09	0.38	0.35	0.98	-0.09	-0.39	1.0	1.0
Property Plant And Equipment Net	-0.07	-0.52	0.21		0.08	0.81	-0.57	-0.07	0.12	-0.07	-0.27	-0.8	-0.69	-0.52	-0.07	-0.83	-0.05	0.35	0.34	0.5	-0.07	0.09	-0.43	-0.51	0.23	0.22
Net Debt	-1.0	-0.17	-0.84	0.08		0.25	-0.04	-1.0	-0.54	-1.0	-0.48	-0.21	-0.06	-0.17	-1.0	-0.23	-0.57	0.09	0.09	-0.14	-0.74	-0.88	-0.28	0.14	-0.83	-0.84
Retained Earnings	-0.25	-0.78	0.21	0.81	0.25		-0.78	-0.23	-0.1	-0.23	-0.24	-0.98	-0.84	-0.77	-0.25	-0.98	-0.39	0.31	0.3	0.48	-0.37	0.07	-0.7	-0.5	0.21	0.2
Accounts Payable	0.07	0.98	-0.51	-0.57	-0.04	-0.78		0.02	0.4	0.02	0.44	0.83	0.69	0.98	0.07	0.8	0.58	-0.28	-0.29	-0.63	0.47	-0.39	0.63	0.62	-0.51	-0.5
Cash	1.0	0.16	0.84	-0.07	-1.0	-0.23	0.02		0.54	1.0	0.48	0.19	0.05	0.16	1.0	0.22	0.58	-0.04	-0.04	0.15	0.73	0.89	0.29	-0.15	0.84	0.84
Non Current Assets Total	0.58	0.51	0.2	0.12	-0.54	-0.1	0.4	0.54		0.54	0.84	0.08	-0.02	0.52	0.58	0.05	0.82	-0.12	-0.14	0.14	0.89	0.18	0.22	-0.14	0.19	0.2
Cash And Short Term Investments	1.0	0.16	0.84	-0.07	-1.0	-0.23	0.02	1.0	0.54		0.48	0.19	0.05	0.16	1.0	0.22	0.58	-0.04	-0.04	0.15	0.73	0.89	0.29	-0.15	0.84	0.84
Net Receivables	0.53	0.53	0.15	-0.27	-0.48	-0.24	0.44	0.48	0.84	0.48		0.22	0.07	0.54	0.52	0.2	0.72	-0.13	-0.15	0.05	0.73	0.14	0.31	-0.02	0.13	0.13
Common Stock Shares Outstanding	0.21	0.82	-0.25	-0.8	-0.21	-0.98	0.83	0.19	0.08	0.19	0.22		0.83	0.81	0.21	0.99	0.4	-0.29	-0.29	-0.64	0.35	-0.11	0.74	0.63	-0.25	-0.25
Other Stockholder Equity	0.06	0.65	-0.3	-0.69	-0.06	-0.84	0.69	0.05	-0.02	0.05	0.07	0.83		0.65	0.06	0.84	0.19	-0.35	-0.35	-0.49	0.12	-0.18	0.49	0.49	-0.31	-0.3
Total Liab	0.21	1.0	-0.39	-0.52	-0.17	-0.77	0.98	0.16	0.52	0.16	0.54	0.81	0.65		0.21	0.78	0.7	-0.22	-0.23	-0.57	0.59	-0.28	0.68	0.56	-0.39	-0.39
Total Current Assets	1.0	0.21	0.82	-0.07	-1.0	-0.25	0.07	1.0	0.58	1.0	0.52	0.21	0.06	0.21		0.23	0.62	-0.04	-0.05	0.13	0.76	0.86	0.31	-0.14	0.81	0.82
Common Stock	0.23	0.78	-0.21	-0.83	-0.23	-0.98	0.8	0.22	0.05	0.22	0.2	0.99	0.84	0.78	0.23		0.36	-0.3	-0.3	-0.63	0.33	-0.06	0.69	0.63	-0.21	-0.2
Other Current Assets	0.63	0.7	0.16	-0.05	-0.57	-0.39	0.58	0.58	0.82	0.58	0.72	0.4	0.19	0.7	0.62	0.36		0.21	0.19	-0.11	0.83	0.2	0.7	0.11	0.17	0.16
Short Long Term Debt Total	-0.04	-0.22	0.08	0.35	0.09	0.31	-0.28	-0.04	-0.12	-0.04	-0.13	-0.29	-0.35	-0.22	-0.04	-0.3	0.21		1.0	0.15	-0.21	0.05	0.3	-0.16	0.13	0.09
Short Term Debt	-0.05	-0.23	0.09	0.34	0.09	0.3	-0.29	-0.04	-0.14	-0.04	-0.15	-0.29	-0.35	-0.23	-0.05	-0.3	0.19	1.0		0.15	-0.23	0.05	0.29	-0.15	0.13	0.09
Inventory	0.13	-0.57	0.38	0.5	-0.14	0.48	-0.63	0.15	0.14	0.15	0.05	-0.64	-0.49	-0.57	0.13	-0.63	-0.11	0.15	0.15		0.02	0.29	-0.41	-0.8	0.38	0.38
Other Current Liab	0.77	0.58	0.35	-0.07	-0.74	-0.37	0.47	0.73	0.89	0.73	0.73	0.35	0.12	0.59	0.76	0.33	0.83	-0.21	-0.23	0.02		0.37	0.39	-0.02	0.34	0.35
Net Tangible Assets	0.86	-0.28	0.98	0.09	-0.88	0.07	-0.39	0.89	0.18	0.89	0.14	-0.11	-0.18	-0.28	0.86	-0.06	0.2	0.05	0.05	0.29	0.37		0.0	-0.3	0.98	0.98
Short Long Term Debt	0.31	0.68	-0.09	-0.43	-0.28	-0.7	0.63	0.29	0.22	0.29	0.31	0.74	0.49	0.68	0.31	0.69	0.7	0.3	0.29	-0.41	0.39	0.0		0.4	-0.07	-0.09
Current Deferred Revenue	-0.14	0.56	-0.39	-0.51	0.14	-0.5	0.62	-0.15	-0.14	-0.15	-0.02	0.63	0.49	0.56	-0.14	0.63	0.11	-0.16	-0.15	-0.8	-0.02	-0.3	0.4		-0.39	-0.39
Net Invested Capital	0.81	-0.39	1.0	0.23	-0.83	0.21	-0.51	0.84	0.19	0.84	0.13	-0.25	-0.31	-0.39	0.81	-0.21	0.17	0.13	0.13	0.38	0.34	0.98	-0.07	-0.39		1.0
Net Working Capital	0.81	-0.39	1.0	0.22	-0.84	0.2	-0.5	0.84	0.2	0.84	0.13	-0.25	-0.3	-0.39	0.82	-0.2	0.16	0.09	0.09	0.38	0.35	0.98	-0.09	-0.39	1.0

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Roscan Gold Account Relationship Matchups

Roscan Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9M	7.2M	141.4K	152.7K	175.6K	166.8K
Total Current Liabilities	3.7M	1.1M	1.3M	2.6M	2.9M	3.1M
Total Stockholder Equity	(810.3K)	6.1M	(1.2M)	(2.4M)	(2.2M)	(2.1M)
Net Debt	(2.3M)	(6.9M)	(47.0K)	(18.8K)	(16.9K)	(17.7K)
Retained Earnings	(38.1M)	(62.7M)	(79.5M)	(84.4M)	(75.9M)	(72.1M)
Accounts Payable	2.9M	449.9K	1.1M	2.4M	2.7M	2.9M
Cash	2.4M	6.9M	47.0K	18.8K	21.6K	20.5K
Cash And Short Term Investments	2.4M	6.9M	47.0K	18.8K	21.6K	20.5K
Net Receivables	146.6K	69.4K	37.6K	31.9K	36.7K	25.9K
Common Stock Shares Outstanding	195.9M	303.8M	370.0M	385.9M	443.8M	466.0M
Liabilities And Stockholders Equity	2.9M	7.2M	141.4K	152.7K	175.6K	166.8K
Other Stockholder Equity	3.0M	4.6M	7.4M	8.3M	7.4M	7.8M
Total Liab	3.7M	1.1M	1.3M	2.6M	2.9M	3.1M
Total Current Assets	2.9M	7.1M	141.4K	152.7K	175.6K	166.8K
Common Stock	31.1M	63.5M	70.9M	73.7M	84.8M	89.0M
Accumulated Other Comprehensive Income	1.1M	3.1M	3.1M	717.1K	824.6K	1.2M
Other Current Assets	377.8K	211.8K	56.9K	102.0K	117.3K	123.2K
Other Current Liab	799.7K	621.8K	227.5K	174.5K	200.7K	210.0K
Net Tangible Assets	(64.1K)	(810.3K)	6.1M	(1.2M)	(1.4M)	(1.3M)
Net Invested Capital	(810.3K)	6.1M	(1.2M)	(2.4M)	(2.2M)	(2.1M)
Net Working Capital	(836.5K)	6.1M	(1.2M)	(2.4M)	(2.2M)	(2.1M)
Capital Stock	31.1M	63.5M	70.9M	73.7M	84.8M	47.4M

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