Rathdowney Property Plant And Equipment Net vs Other Stockholder Equity Analysis

RTH Stock  CAD 0.02  0.00  0.00%   
Rathdowney Resources financial indicator trend analysis is much more than just breaking down Rathdowney Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rathdowney Resources is a good investment. Please check the relationship between Rathdowney Resources Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rathdowney Resources. 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rathdowney Resources Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rathdowney Resources' Property Plant And Equipment Net and Other Stockholder Equity is -0.45. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Rathdowney Resources, assuming nothing else is changed. The correlation between historical values of Rathdowney Resources' Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Rathdowney Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Rathdowney Resources' Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Other Stockholder Equity

Most indicators from Rathdowney Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rathdowney Resources 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 Rathdowney Resources. 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 1.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Rathdowney Resources fundamental ratios Correlations

-0.55-0.780.90.910.840.980.710.92-0.55-0.790.99-0.740.850.460.730.67-0.710.37-0.560.760.73-0.56-0.67-0.480.62
-0.550.88-0.76-0.65-0.71-0.45-0.44-0.420.420.71-0.460.66-0.55-0.36-0.77-0.50.76-0.690.94-0.85-0.90.610.650.84-0.92
-0.780.88-0.97-0.91-0.93-0.7-0.69-0.690.60.91-0.710.86-0.84-0.53-0.9-0.710.9-0.650.86-0.98-0.980.760.850.79-0.93
0.9-0.76-0.970.980.950.830.770.81-0.61-0.940.84-0.870.90.530.90.76-0.880.53-0.770.960.94-0.76-0.87-0.690.84
0.91-0.65-0.910.980.930.860.80.85-0.62-0.940.87-0.840.920.470.870.77-0.810.36-0.680.90.86-0.66-0.86-0.530.73
0.84-0.71-0.930.950.930.790.720.83-0.79-0.890.8-0.950.970.590.790.64-0.850.51-0.690.880.86-0.66-0.78-0.620.77
0.98-0.45-0.70.830.860.790.620.95-0.59-0.711.0-0.690.820.460.60.57-0.660.31-0.460.660.63-0.51-0.59-0.40.51
0.71-0.44-0.690.770.80.720.620.57-0.35-0.760.64-0.680.720.20.720.65-0.530.25-0.490.720.68-0.65-0.83-0.40.57
0.92-0.42-0.690.810.850.830.950.57-0.73-0.720.95-0.740.890.50.550.48-0.640.26-0.430.610.58-0.44-0.56-0.360.48
-0.550.420.6-0.61-0.62-0.79-0.59-0.35-0.730.62-0.590.82-0.81-0.62-0.34-0.130.67-0.220.46-0.47-0.470.370.430.38-0.45
-0.790.710.91-0.94-0.94-0.89-0.71-0.76-0.720.62-0.720.88-0.86-0.47-0.88-0.760.89-0.320.8-0.91-0.90.770.890.64-0.79
0.99-0.46-0.710.840.870.81.00.640.95-0.59-0.72-0.70.830.460.610.58-0.670.32-0.470.670.64-0.52-0.61-0.410.52
-0.740.660.86-0.87-0.84-0.95-0.69-0.68-0.740.820.88-0.7-0.93-0.66-0.72-0.60.88-0.450.72-0.8-0.80.690.720.68-0.72
0.85-0.55-0.840.90.920.970.820.720.89-0.81-0.860.83-0.930.550.720.63-0.770.34-0.560.770.74-0.56-0.71-0.470.62
0.46-0.36-0.530.530.470.590.460.20.5-0.62-0.470.46-0.660.550.40.29-0.690.55-0.410.480.48-0.41-0.36-0.630.48
0.73-0.77-0.90.90.870.790.60.720.55-0.34-0.880.61-0.720.720.40.87-0.770.47-0.790.950.92-0.62-0.79-0.650.87
0.67-0.5-0.710.760.770.640.570.650.48-0.13-0.760.58-0.60.630.290.87-0.630.29-0.530.790.74-0.55-0.66-0.440.56
-0.710.760.9-0.88-0.81-0.85-0.66-0.53-0.640.670.89-0.670.88-0.77-0.69-0.77-0.63-0.560.83-0.88-0.90.830.760.83-0.83
0.37-0.69-0.650.530.360.510.310.250.26-0.22-0.320.32-0.450.340.550.470.29-0.56-0.530.610.65-0.54-0.41-0.810.71
-0.560.940.86-0.77-0.68-0.69-0.46-0.49-0.430.460.8-0.470.72-0.56-0.41-0.79-0.530.83-0.53-0.84-0.90.670.690.86-0.91
0.76-0.85-0.980.960.90.880.660.720.61-0.47-0.910.67-0.80.770.480.950.79-0.880.61-0.840.99-0.77-0.88-0.760.92
0.73-0.9-0.980.940.860.860.630.680.58-0.47-0.90.64-0.80.740.480.920.74-0.90.65-0.90.99-0.8-0.86-0.820.95
-0.560.610.76-0.76-0.66-0.66-0.51-0.65-0.440.370.77-0.520.69-0.56-0.41-0.62-0.550.83-0.540.67-0.77-0.80.850.76-0.69
-0.670.650.85-0.87-0.86-0.78-0.59-0.83-0.560.430.89-0.610.72-0.71-0.36-0.79-0.660.76-0.410.69-0.88-0.860.850.6-0.73
-0.480.840.79-0.69-0.53-0.62-0.4-0.4-0.360.380.64-0.410.68-0.47-0.63-0.65-0.440.83-0.810.86-0.76-0.820.760.6-0.86
0.62-0.92-0.930.840.730.770.510.570.48-0.45-0.790.52-0.720.620.480.870.56-0.830.71-0.910.920.95-0.69-0.73-0.86
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Rathdowney Resources Account Relationship Matchups

Rathdowney Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets736.3K556.9K687.8K182.5K100.2K95.2K
Other Current Liab191.1K242.7K182.8K9.6M11.0M11.5M
Total Current Liabilities7.4M8.6M10.9M12.6M14.6M15.3M
Total Stockholder Equity(9.0M)(9.8M)(10.2M)(12.5M)(14.5M)(13.8M)
Net Tangible Assets(5.8M)(9.0M)(9.8M)(10.2M)(9.2M)(8.7M)
Retained Earnings(69.7M)(72.2M)(74.5M)(76.8M)(78.8M)(82.7M)
Cash55.6K490.6K611.9K76.3K50.3K47.8K
Net Receivables121.8K35.7K35.8K70.2K63.1K76.3K
Other Stockholder Equity3.2M3.6M4.2M4.9M5.6M4.2M
Total Liab9.7M10.4M10.9M12.6M14.6M7.4M
Total Current Assets109.1K550.9K682.1K178.7K98.3K93.4K
Property Plant Equipment13.7K11.1K6.0K5.7K5.1K4.9K
Accounts Payable242.7K182.8K214.5K304.0K121.6K167.4K
Non Current Assets Total627.1K6.0K5.7K3.8K1.9K1.8K
Net Invested Capital(6.7M)(8.0M)(8.9M)(10.6M)(11.6M)(12.2M)
Net Working Capital(7.3M)(8.0M)(10.2M)(12.5M)(14.5M)(13.8M)
Net Debt2.3M1.3M732.4K1.8M2.8M1.8M

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