Rover Accounts Payable vs Property Plant And Equipment Net Analysis

ROVR Stock

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Rover Metals financial indicator trend analysis is much more than just breaking down Rover Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rover Metals Corp is a good investment. Please check the relationship between Rover Metals Accounts Payable 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 Rover Metals 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 metropolitan statistical area.

Accounts Payable vs Property Plant And Equipment Net

Accounts Payable 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 Rover Metals Corp Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Rover Metals' Accounts Payable and Property Plant And Equipment Net is 0.93. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Rover Metals Corp, assuming nothing else is changed. The correlation between historical values of Rover Metals' Accounts Payable 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 Accounts Payable of Rover Metals Corp 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 Accounts Payable i.e., Rover Metals' Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Rover Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rover Metals Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Rover Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rover Metals 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 Rover Metals 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 metropolitan statistical area.

At this time, Rover Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 696 K in 2024.

Rover Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Capital Stock	Short Long Term Debt Total	Other Liab	Current Deferred Revenue
Total Assets		0.9	1.0	-0.08	-0.98	0.37	1.0	0.21	0.87	0.9	0.61	0.47	0.91	0.98	0.99	0.98	0.99	0.96	-0.4	0.94	0.76	-0.64	0.93	0.88	-0.95	-0.64
Total Current Liabilities	0.9		0.87	-0.28	-0.91	0.56	0.88	0.4	0.67	1.0	0.69	0.52	0.83	0.89	0.91	0.9	0.91	0.82	-0.43	0.77	0.58	-0.61	0.75	0.71	-0.8	-0.61
Total Stockholder Equity	1.0	0.87		-0.05	-0.97	0.34	1.0	0.18	0.88	0.88	0.59	0.46	0.9	0.98	0.99	0.98	0.99	0.96	-0.39	0.95	0.77	-0.64	0.93	0.89	-0.96	-0.64
Net Debt	-0.08	-0.28	-0.05		0.04	-0.94	0.01	-0.99	0.15	-0.28	-0.79	-0.53	0.18	-0.07	-0.09	0.02	-0.06	-0.11	-0.55	0.02	0.35	-0.29	0.08	0.2	0.06	-0.29
Retained Earnings	-0.98	-0.91	-0.97	0.04		-0.31	-0.97	-0.16	-0.83	-0.92	-0.6	-0.47	-0.89	-0.96	-0.97	-0.99	-0.97	-0.95	0.42	-0.91	-0.75	0.6	-0.9	-0.85	0.9	0.6
Cash	0.37	0.56	0.34	-0.94	-0.31		0.29	0.97	0.15	0.55	0.87	0.63	0.16	0.36	0.39	0.28	0.36	0.35	0.29	0.24	-0.07	-0.04	0.19	0.09	-0.33	-0.04
Non Current Assets Total	1.0	0.88	1.0	0.01	-0.97	0.29		0.12	0.89	0.88	0.53	0.42	0.93	0.98	0.99	0.99	0.99	0.95	-0.47	0.95	0.8	-0.68	0.94	0.91	-0.95	-0.68
Cash And Short Term Investments	0.21	0.4	0.18	-0.99	-0.16	0.97	0.12		-0.03	0.39	0.84	0.57	-0.05	0.19	0.22	0.11	0.19	0.23	0.47	0.1	-0.24	0.19	0.04	-0.08	-0.18	0.19
Other Stockholder Equity	0.87	0.67	0.88	0.15	-0.83	0.15	0.89	-0.03		0.68	0.33	0.46	0.91	0.88	0.87	0.89	0.86	0.79	-0.48	0.83	0.86	-0.76	0.85	0.89	-0.81	-0.76
Total Liab	0.9	1.0	0.88	-0.28	-0.92	0.55	0.88	0.39	0.68		0.69	0.51	0.83	0.9	0.92	0.9	0.92	0.83	-0.44	0.78	0.59	-0.61	0.76	0.71	-0.81	-0.61
Total Current Assets	0.61	0.69	0.59	-0.79	-0.6	0.87	0.53	0.84	0.33	0.69		0.73	0.33	0.58	0.59	0.54	0.57	0.63	0.32	0.48	0.11	-0.06	0.42	0.29	-0.54	-0.06
Net Receivables	0.47	0.52	0.46	-0.53	-0.47	0.63	0.42	0.57	0.46	0.51	0.73		0.33	0.56	0.5	0.46	0.48	0.49	0.29	0.36	0.19	-0.16	0.34	0.29	-0.41	-0.16
Common Stock Shares Outstanding	0.91	0.83	0.9	0.18	-0.89	0.16	0.93	-0.05	0.91	0.83	0.33	0.33		0.91	0.92	0.94	0.92	0.8	-0.67	0.83	0.87	-0.87	0.86	0.91	-0.84	-0.87
Net Tangible Assets	0.98	0.89	0.98	-0.07	-0.96	0.36	0.98	0.19	0.88	0.9	0.58	0.56	0.91		0.99	0.97	0.99	0.93	-0.42	0.92	0.76	-0.67	0.91	0.88	-0.95	-0.67
Accounts Payable	0.99	0.91	0.99	-0.09	-0.97	0.39	0.99	0.22	0.87	0.92	0.59	0.5	0.92	0.99		0.98	1.0	0.94	-0.43	0.93	0.76	-0.67	0.92	0.89	-0.95	-0.67
Common Stock	0.98	0.9	0.98	0.02	-0.99	0.28	0.99	0.11	0.89	0.9	0.54	0.46	0.94	0.97	0.98		0.98	0.93	-0.48	0.91	0.8	-0.7	0.91	0.89	-0.91	-0.7
Property Plant Equipment	0.99	0.91	0.99	-0.06	-0.97	0.36	0.99	0.19	0.86	0.92	0.57	0.48	0.92	0.99	1.0	0.98		0.94	-0.47	0.93	0.76	-0.67	0.92	0.88	-0.95	-0.67
Net Invested Capital	0.96	0.82	0.96	-0.11	-0.95	0.35	0.95	0.23	0.79	0.83	0.63	0.49	0.8	0.93	0.94	0.93	0.94		-0.27	0.98	0.77	-0.42	0.96	0.89	-0.95	-0.42
Net Working Capital	-0.4	-0.43	-0.39	-0.55	0.42	0.29	-0.47	0.47	-0.48	-0.44	0.32	0.29	-0.67	-0.42	-0.43	-0.48	-0.47	-0.27		-0.4	-0.63	0.74	-0.45	-0.56	0.37	0.74
Property Plant And Equipment Net	0.94	0.77	0.95	0.02	-0.91	0.24	0.95	0.1	0.83	0.78	0.48	0.36	0.83	0.92	0.93	0.91	0.93	0.98	-0.4		0.85	-0.48	0.99	0.94	-0.97	-0.48
Non Currrent Assets Other	0.76	0.58	0.77	0.35	-0.75	-0.07	0.8	-0.24	0.86	0.59	0.11	0.19	0.87	0.76	0.76	0.8	0.76	0.77	-0.63	0.85		-0.65	0.9	0.97	-0.78	-0.65
Other Assets	-0.64	-0.61	-0.64	-0.29	0.6	-0.04	-0.68	0.19	-0.76	-0.61	-0.06	-0.16	-0.87	-0.67	-0.67	-0.7	-0.67	-0.42	0.74	-0.48	-0.65		-0.53	-0.65	0.56	1.0
Capital Stock	0.93	0.75	0.93	0.08	-0.9	0.19	0.94	0.04	0.85	0.76	0.42	0.34	0.86	0.91	0.92	0.91	0.92	0.96	-0.45	0.99	0.9	-0.53		0.98	-0.96	-0.53
Short Long Term Debt Total	0.88	0.71	0.89	0.2	-0.85	0.09	0.91	-0.08	0.89	0.71	0.29	0.29	0.91	0.88	0.89	0.89	0.88	0.89	-0.56	0.94	0.97	-0.65	0.98		-0.92	-0.65
Other Liab	-0.95	-0.8	-0.96	0.06	0.9	-0.33	-0.95	-0.18	-0.81	-0.81	-0.54	-0.41	-0.84	-0.95	-0.95	-0.91	-0.95	-0.95	0.37	-0.97	-0.78	0.56	-0.96	-0.92		0.56
Current Deferred Revenue	-0.64	-0.61	-0.64	-0.29	0.6	-0.04	-0.68	0.19	-0.76	-0.61	-0.06	-0.16	-0.87	-0.67	-0.67	-0.7	-0.67	-0.42	0.74	-0.48	-0.65	1.0	-0.53	-0.65	0.56

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Rover Metals Account Relationship Matchups

Rover Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.9M	4.4M	5.1M	5.1M	5.4M
Total Current Liabilities	248.6K	448.7K	666.9K	291.1K	595.2K	625K
Total Stockholder Equity	801.8K	1.4M	3.7M	4.8M	4.5M	4.7M
Net Debt	(2.2K)	(301.8K)	(607.6K)	(56.2K)	(50.6K)	(53.1K)
Retained Earnings	(3.1M)	(3.9M)	(5.6M)	(7.1M)	(7.3M)	(6.9M)
Cash	2.2K	332.7K	642.8K	96.2K	200.7K	236.0K
Non Current Assets Total	821.4K	1.5M	3.5M	4.6M	4.8M	5.0M
Cash And Short Term Investments	2.2K	332.7K	642.8K	96.2K	110.7K	105.1K
Liabilities And Stockholders Equity	1.1M	1.9M	4.4M	5.1M	5.8M	6.1M
Other Stockholder Equity	784.1K	34.7K	575.8K	1.6M	1.8M	1.9M
Total Liab	248.6K	488.7K	706.9K	331.1K	635.2K	667K
Total Current Assets	229.0K	405.9K	872.7K	446.8K	303.2K	338.9K
Net Receivables	3.6K	17.0K	37.9K	19.2K	22.0K	20.9K
Common Stock Shares Outstanding	8.2M	10.3M	17.3M	25.2M	52.6M	55.2M
Other Current Liab	248.6K	398.7K	666.9K	291.1K	334.8K	259.2K
Net Tangible Assets	1.2M	801.8K	1.4M	3.7M	4.3M	4.5M
Accounts Payable	188.6K	106.9K	285.3K	666.9K	766.9K	805.2K
Common Stock	2.8M	3.4M	5.6M	7.4M	8.5M	8.9M
Property Plant Equipment	641.5K	704.1K	1.4M	3.1M	3.6M	3.8M
Net Invested Capital	801.8K	1.5M	3.7M	4.8M	4.5M	2.6M
Net Working Capital	(19.6K)	(42.8K)	205.9K	155.6K	(292.1K)	(277.5K)
Property Plant And Equipment Net	704.1K	1.4M	3.1M	4.4M	4.6M	2.7M
Capital Stock	2.8M	3.4M	5.6M	7.4M	8.5M	5.6M

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