RTM Issuance Of Capital Stock vs Other Non Cash Items Analysis
RTM Stock | CAD 0.11 0.00 0.00% |
RT Minerals financial indicator trend analysis is much more than just breaking down RT Minerals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RT Minerals Corp is a good investment. Please check the relationship between RT Minerals Issuance Of Capital Stock and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RT Minerals 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.
Issuance Of Capital Stock vs Other Non Cash Items
Issuance Of Capital Stock vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RT Minerals Corp Issuance Of Capital Stock account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between RT Minerals' Issuance Of Capital Stock and Other Non Cash Items is 0.17. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of RT Minerals Corp, assuming nothing else is changed. The correlation between historical values of RT Minerals' Issuance Of Capital Stock and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of RT Minerals Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Issuance Of Capital Stock i.e., RT Minerals' Issuance Of Capital Stock and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Issuance Of Capital Stock
Other Non Cash Items
Most indicators from RT Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RT Minerals 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 RT Minerals 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. Selling General Administrative is likely to climb to about 318.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 505.5 K in 2024.
RT Minerals fundamental ratios Correlations
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RT Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RT Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4M | 3.0M | 1.7M | 315.0K | 362.2K | 344.1K | |
Total Current Liabilities | 394.8K | 314.7K | 571.1K | 212.7K | 244.6K | 268.1K | |
Total Stockholder Equity | 2.0M | 2.5M | 1.1M | 62.2K | 71.6K | 68.0K | |
Net Tangible Assets | 907.0K | 2.0M | 2.5M | 1.1M | 1.2M | 1.0M | |
Retained Earnings | (14.5M) | (16.8M) | (17.8M) | (19.7M) | (17.8M) | (18.6M) | |
Accounts Payable | 312.4K | 302.1K | 496.1K | 150.1K | 172.7K | 200.7K | |
Cash | 8.4K | 399.8K | 1.2K | 93.6K | 107.6K | 68.5K | |
Net Receivables | 72.5K | 61.5K | 6.5K | 2.2K | 2.5K | 2.4K | |
Total Liab | 434.8K | 450.7K | 611.1K | 252.7K | 290.6K | 293.7K | |
Total Current Assets | 830.5K | 467.8K | 162.5K | 101.2K | 116.3K | 221.7K | |
Common Stock | 13.3M | 14.6M | 17.2M | 16.7M | 19.2M | 14.1M | |
Property Plant Equipment | 1.0M | 1.6M | 2.5M | 1.5M | 1.7M | 1.1M | |
Non Current Assets Total | 1.6M | 2.5M | 1.5M | 213.8K | 245.9K | 233.6K | |
Common Stock Shares Outstanding | 39.8M | 78.7M | 6.0M | 20.6M | 23.6M | 27.2M | |
Net Invested Capital | 2.0M | 2.6M | 1.1M | 153.0K | 137.7K | 130.8K | |
Net Working Capital | 435.8K | 153.1K | (408.7K) | (111.6K) | (100.4K) | (95.4K) | |
Capital Stock | 14.6M | 17.2M | 16.7M | 17.6M | 20.3M | 17.0M |
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When running RT Minerals' price analysis, check to measure RT 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 RT Minerals is operating at the current time. Most of RT Minerals' value examination focuses on studying past and present price action to predict the probability of RT Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RT Minerals' price. Additionally, you may evaluate how the addition of RT Minerals to your portfolios can decrease your overall portfolio volatility.