RTM Net Invested Capital vs Common Stock Shares Outstanding 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 Net Invested Capital and its Common Stock Shares Outstanding 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.
Net Invested Capital vs Common Stock Shares Outstanding
Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RT Minerals Corp Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between RT Minerals' Net Invested Capital and Common Stock Shares Outstanding is 0.35. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding 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' Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of RT Minerals Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., RT Minerals' Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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.