Rathdowney Property Plant Equipment vs Total Liab 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 Equipment and its Total Liab 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 Equipment vs Total Liab

Property Plant Equipment vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rathdowney Resources Property Plant Equipment account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Rathdowney Resources' Property Plant Equipment and Total Liab is -0.86. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Liab 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 Equipment and Total Liab 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 Equipment of Rathdowney Resources are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant Equipment i.e., Rathdowney Resources' Property Plant Equipment and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant Equipment

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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