Vendetta Retained Earnings vs Inventory Analysis

VTT Stock  CAD 0.01  0.01  50.00%   
Vendetta Mining financial indicator trend analysis is much more than just breaking down Vendetta Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vendetta Mining Corp is a good investment. Please check the relationship between Vendetta Mining Retained Earnings and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vendetta Mining 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vendetta Mining Corp Retained Earnings account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vendetta Mining's Retained Earnings and Inventory is 0.56. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of Vendetta Mining Corp, assuming nothing else is changed. The correlation between historical values of Vendetta Mining's Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Vendetta Mining Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Vendetta Mining's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

Most indicators from Vendetta Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vendetta Mining 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vendetta Mining 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.
Enterprise Value is likely to climb to about 9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 156.1 K in 2024.

Vendetta Mining fundamental ratios Correlations

0.560.860.880.18-0.880.240.880.26-0.03-0.160.580.250.79-0.23-0.630.040.830.770.780.92-0.90.56-0.74-0.50.7
0.560.130.610.71-0.51-0.160.61-0.17-0.30.010.89-0.170.36-0.3-0.37-0.140.390.590.130.62-0.510.29-0.860.150.33
0.860.130.68-0.27-0.760.420.680.460.19-0.320.10.430.75-0.07-0.540.120.780.460.90.72-0.780.52-0.39-0.720.73
0.880.610.680.44-0.97-0.181.0-0.14-0.12-0.090.65-0.170.92-0.5-0.52-0.020.930.860.760.97-0.860.63-0.88-0.620.83
0.180.71-0.270.44-0.28-0.730.44-0.75-0.370.380.8-0.730.17-0.58-0.03-0.180.140.59-0.240.45-0.140.2-0.690.210.13
-0.88-0.51-0.76-0.97-0.280.1-0.970.050.050.24-0.510.09-0.970.340.56-0.07-0.98-0.74-0.84-0.940.92-0.490.840.7-0.87
0.24-0.160.42-0.18-0.730.1-0.181.00.22-0.3-0.211.0-0.130.62-0.270.11-0.04-0.240.27-0.16-0.19-0.080.310.09-0.18
0.880.610.681.00.44-0.97-0.18-0.14-0.12-0.090.65-0.170.92-0.5-0.52-0.020.930.860.760.97-0.860.63-0.88-0.620.83
0.26-0.170.46-0.14-0.750.051.0-0.140.22-0.34-0.220.99-0.070.61-0.290.120.02-0.220.34-0.13-0.23-0.070.280.03-0.12
-0.03-0.30.19-0.12-0.370.050.22-0.120.220.12-0.350.25-0.040.39-0.310.37-0.02-0.220.14-0.13-0.030.050.27-0.160.02
-0.160.01-0.32-0.090.380.24-0.3-0.09-0.340.120.19-0.29-0.29-0.30.360.02-0.30.14-0.39-0.070.260.110.060.28-0.27
0.580.890.10.650.8-0.51-0.210.65-0.22-0.350.19-0.210.34-0.34-0.38-0.130.380.770.090.66-0.530.27-0.840.180.2
0.25-0.170.43-0.17-0.730.091.0-0.170.990.25-0.29-0.21-0.120.63-0.280.13-0.04-0.240.28-0.15-0.2-0.080.30.08-0.17
0.790.360.750.920.17-0.97-0.130.92-0.07-0.04-0.290.34-0.12-0.38-0.460.030.990.650.890.86-0.850.53-0.73-0.830.93
-0.23-0.3-0.07-0.5-0.580.340.62-0.50.610.39-0.3-0.340.63-0.38-0.220.43-0.31-0.55-0.15-0.480.03-0.720.40.38-0.52
-0.63-0.37-0.54-0.52-0.030.56-0.27-0.52-0.29-0.310.36-0.38-0.28-0.46-0.22-0.44-0.52-0.54-0.52-0.520.58-0.170.450.22-0.34
0.04-0.140.12-0.02-0.18-0.070.11-0.020.120.370.02-0.130.130.030.43-0.440.070.070.12-0.01-0.11-0.290.05-0.02-0.06
0.830.390.780.930.14-0.98-0.040.930.02-0.02-0.30.38-0.040.99-0.31-0.520.070.670.920.87-0.890.51-0.74-0.790.9
0.770.590.460.860.59-0.74-0.240.86-0.22-0.220.140.77-0.240.65-0.55-0.540.070.670.480.87-0.620.55-0.77-0.340.53
0.780.130.90.76-0.24-0.840.270.760.340.14-0.390.090.280.89-0.15-0.520.120.920.480.71-0.80.52-0.45-0.850.84
0.920.620.720.970.45-0.94-0.160.97-0.13-0.13-0.070.66-0.150.86-0.48-0.52-0.010.870.870.71-0.840.59-0.87-0.570.79
-0.9-0.51-0.78-0.86-0.140.92-0.19-0.86-0.23-0.030.26-0.53-0.2-0.850.030.58-0.11-0.89-0.62-0.8-0.84-0.330.780.52-0.69
0.560.290.520.630.2-0.49-0.080.63-0.070.050.110.27-0.080.53-0.72-0.17-0.290.510.550.520.59-0.33-0.35-0.570.7
-0.74-0.86-0.39-0.88-0.690.840.31-0.880.280.270.06-0.840.3-0.730.40.450.05-0.74-0.77-0.45-0.870.78-0.350.26-0.62
-0.50.15-0.72-0.620.210.70.09-0.620.03-0.160.280.180.08-0.830.380.22-0.02-0.79-0.34-0.85-0.570.52-0.570.26-0.87
0.70.330.730.830.13-0.87-0.180.83-0.120.02-0.270.2-0.170.93-0.52-0.34-0.060.90.530.840.79-0.690.7-0.62-0.87
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Vendetta Mining Account Relationship Matchups

Vendetta Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2M6.3M7.7M6.4M6.1M3.8M
Total Current Liabilities4.1M3.2M444.5K502.1K882.1K903.8K
Total Stockholder Equity2.1M3.1M7.2M5.9M5.2M2.7M
Property Plant And Equipment Net6.0M6.0M6.0M6.1M6.0M6.3M
Net Debt3.4M2.3M(1.5M)(216.5K)(249.0K)(236.6K)
Retained Earnings(18.6M)(19.3M)(20.9M)(23.3M)(24.0M)(22.8M)
Cash157.3K253.4K1.5M285.6K18.3K17.4K
Non Current Assets Total6.0M6.0M6.0M6.1M6.0M6.3M
Cash And Short Term Investments157.3K253.4K1.5M285.6K328.4K312.0K
Net Receivables2.4K41.8K107.6K19.7K22.1K39.8K
Liabilities And Stockholders Equity6.2M6.3M7.7M6.4M7.4M7.7M
Other Stockholder Equity201K129.4K222K6K5.4K5.1K
Total Liab4.1M3.2M444.5K536.8K882.1K1.1M
Total Current Assets181.0K298.9K1.6M335.5K50.6K48.1K
Accumulated Other Comprehensive Income1.3M1.6M1.6M1.6M1.8M943.7K
Common Stock Shares Outstanding173.3M204.9M247.1M306.3M323.2M339.3M
Accounts Payable366.45357.83270.2194.4785.0280.77
Other Current Assets21.3K3.8K21.0K30.1K27.1K21.7K
Common Stock19.0M20.7M26.2M27.6M31.7M33.3M
Other Current Liab537.6K592.7K444.2K467.7K537.9K406.4K
Net Tangible Assets2.1M3.1M7.2M5.9M6.8M7.1M
Property Plant Equipment6.0M6.0M6.0M6.1M7.0M3.8M
Net Invested Capital5.7M5.7M7.2M5.9M5.2M5.8M
Net Working Capital(3.9M)(2.9M)1.2M(166.6K)(831.4K)(789.8K)
Capital Stock19.0M20.7M26.2M27.6M31.7M25.3M

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Additional Tools for Vendetta Stock Analysis

When running Vendetta Mining's price analysis, check to measure Vendetta Mining's 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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.