World Net Income Per Share vs Capex To Depreciation Analysis

WCU Stock

0.07 0.01 7.14%

World Copper financial indicator trend analysis is more than just analyzing World Copper current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether World Copper is a good investment. Please check the relationship between World Copper Net Income Per Share and its Capex To Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Copper. 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 Income Per Share vs Capex To Depreciation

Net Income Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Copper Net Income Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between World Copper's Net Income Per Share and Capex To Depreciation is -0.19. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of World Copper, assuming nothing else is changed. The correlation between historical values of World Copper's Net Income Per Share and Capex To Depreciation 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 Income Per Share of World Copper are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Net Income Per Share i.e., World Copper's Net Income Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Income Per Share

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from World Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into World Copper 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in World Copper. 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 4.4 M in 2024, whereas Tax Provision is likely to drop slightly above 18.5 K in 2024.

World Copper fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment	Other Liab	Other Stockholder Equity	Other Assets	Deferred Long Term Liab	Net Debt	Long Term Debt
Total Assets		-0.8	0.97	1.0	0.87	1.0	-0.93	0.98	-0.13	1.0	0.86	-0.45	0.98	1.0	0.86	0.25	1.0	-0.78	0.84	0.88	-0.51	0.87	-0.51	-0.51	0.59	-0.51
Other Current Liab	-0.8		-0.68	-0.81	-0.89	-0.77	0.91	-0.71	-0.33	-0.78	-0.81	0.8	-0.71	-0.8	-0.75	-0.58	-0.84	0.49	-0.96	-0.91	0.59	-0.9	0.59	0.59	-0.62	0.59
Total Current Liabilities	0.97	-0.68		0.97	0.77	0.99	-0.88	0.96	-0.3	0.98	0.74	-0.28	0.99	0.97	0.88	0.04	0.96	-0.86	0.75	0.8	-0.53	0.77	-0.53	-0.53	0.63	-0.53
Total Stockholder Equity	1.0	-0.81	0.97		0.88	0.99	-0.94	0.97	-0.1	1.0	0.86	-0.48	0.98	1.0	0.86	0.27	1.0	-0.77	0.86	0.9	-0.51	0.89	-0.51	-0.51	0.59	-0.51
Net Tangible Assets	0.87	-0.89	0.77	0.88		0.83	-0.87	0.78	0.37	0.85	0.8	-0.68	0.77	0.87	0.67	0.64	0.9	-0.44	0.91	0.99	-0.38	1.0	-0.38	-0.38	0.47	-0.38
Property Plant And Equipment Net	1.0	-0.77	0.99	0.99	0.83		-0.92	0.98	-0.19	1.0	0.84	-0.39	0.99	1.0	0.87	0.18	0.99	-0.81	0.81	0.85	-0.51	0.84	-0.51	-0.51	0.59	-0.51
Retained Earnings	-0.93	0.91	-0.88	-0.94	-0.87	-0.92		-0.87	-0.01	-0.92	-0.82	0.68	-0.89	-0.94	-0.94	-0.32	-0.95	0.78	-0.96	-0.9	0.74	-0.89	0.74	0.74	-0.78	0.74
Accounts Payable	0.98	-0.71	0.96	0.97	0.78	0.98	-0.87		-0.25	0.98	0.88	-0.36	0.99	0.98	0.82	0.16	0.96	-0.79	0.75	0.78	-0.44	0.78	-0.44	-0.44	0.5	-0.44
Cash	-0.13	-0.33	-0.3	-0.1	0.37	-0.19	-0.01	-0.25		-0.18	0.09	-0.61	-0.3	-0.12	-0.27	0.89	-0.05	0.6	0.27	0.32	0.19	0.36	0.19	0.19	-0.2	0.19
Non Current Assets Total	1.0	-0.78	0.98	1.0	0.85	1.0	-0.92	0.98	-0.18		0.84	-0.41	0.99	1.0	0.87	0.2	0.99	-0.8	0.82	0.86	-0.51	0.85	-0.51	-0.51	0.59	-0.51
Net Receivables	0.86	-0.81	0.74	0.86	0.8	0.84	-0.82	0.88	0.09	0.84		-0.62	0.81	0.86	0.64	0.52	0.86	-0.5	0.79	0.78	-0.31	0.81	-0.31	-0.31	0.31	-0.31
Common Stock Shares Outstanding	-0.45	0.8	-0.28	-0.48	-0.68	-0.39	0.68	-0.36	-0.61	-0.41	-0.62		-0.31	-0.46	-0.5	-0.75	-0.51	0.17	-0.83	-0.67	0.54	-0.73	0.54	0.54	-0.49	0.54
Total Liab	0.98	-0.71	0.99	0.98	0.77	0.99	-0.89	0.99	-0.3	0.99	0.81	-0.31		0.98	0.86	0.08	0.97	-0.85	0.75	0.79	-0.5	0.77	-0.5	-0.5	0.58	-0.5
Net Invested Capital	1.0	-0.8	0.97	1.0	0.87	1.0	-0.94	0.98	-0.12	1.0	0.86	-0.46	0.98		0.86	0.25	1.0	-0.78	0.85	0.89	-0.51	0.88	-0.51	-0.51	0.59	-0.51
Short Long Term Debt	0.86	-0.75	0.88	0.86	0.67	0.87	-0.94	0.82	-0.27	0.87	0.64	-0.5	0.86	0.86		-0.01	0.86	-0.93	0.84	0.73	-0.87	0.71	-0.87	-0.87	0.91	-0.87
Total Current Assets	0.25	-0.58	0.04	0.27	0.64	0.18	-0.32	0.16	0.89	0.2	0.52	-0.75	0.08	0.25	-0.01		0.31	0.34	0.52	0.58	0.11	0.64	0.11	0.11	-0.12	0.11
Capital Stock	1.0	-0.84	0.96	1.0	0.9	0.99	-0.95	0.96	-0.05	0.99	0.86	-0.51	0.97	1.0	0.86	0.31		-0.75	0.88	0.92	-0.53	0.91	-0.53	-0.53	0.61	-0.53
Net Working Capital	-0.78	0.49	-0.86	-0.77	-0.44	-0.81	0.78	-0.79	0.6	-0.8	-0.5	0.17	-0.85	-0.78	-0.93	0.34	-0.75		-0.6	-0.5	0.77	-0.47	0.77	0.77	-0.81	0.77
Common Stock	0.84	-0.96	0.75	0.86	0.91	0.81	-0.96	0.75	0.27	0.82	0.79	-0.83	0.75	0.85	0.84	0.52	0.88	-0.6		0.93	-0.7	0.94	-0.7	-0.7	0.73	-0.7
Property Plant Equipment	0.88	-0.91	0.8	0.9	0.99	0.85	-0.9	0.78	0.32	0.86	0.78	-0.67	0.79	0.89	0.73	0.58	0.92	-0.5	0.93		-0.46	0.99	-0.46	-0.46	0.55	-0.46
Other Liab	-0.51	0.59	-0.53	-0.51	-0.38	-0.51	0.74	-0.44	0.19	-0.51	-0.31	0.54	-0.5	-0.51	-0.87	0.11	-0.53	0.77	-0.7	-0.46		-0.44	1.0	1.0	-0.98	1.0
Other Stockholder Equity	0.87	-0.9	0.77	0.89	1.0	0.84	-0.89	0.78	0.36	0.85	0.81	-0.73	0.77	0.88	0.71	0.64	0.91	-0.47	0.94	0.99	-0.44		-0.44	-0.44	0.52	-0.44
Other Assets	-0.51	0.59	-0.53	-0.51	-0.38	-0.51	0.74	-0.44	0.19	-0.51	-0.31	0.54	-0.5	-0.51	-0.87	0.11	-0.53	0.77	-0.7	-0.46	1.0	-0.44		1.0	-0.98	1.0
Deferred Long Term Liab	-0.51	0.59	-0.53	-0.51	-0.38	-0.51	0.74	-0.44	0.19	-0.51	-0.31	0.54	-0.5	-0.51	-0.87	0.11	-0.53	0.77	-0.7	-0.46	1.0	-0.44	1.0		-0.98	1.0
Net Debt	0.59	-0.62	0.63	0.59	0.47	0.59	-0.78	0.5	-0.2	0.59	0.31	-0.49	0.58	0.59	0.91	-0.12	0.61	-0.81	0.73	0.55	-0.98	0.52	-0.98	-0.98		-0.98
Long Term Debt	-0.51	0.59	-0.53	-0.51	-0.38	-0.51	0.74	-0.44	0.19	-0.51	-0.31	0.54	-0.5	-0.51	-0.87	0.11	-0.53	0.77	-0.7	-0.46	1.0	-0.44	1.0	1.0	-0.98

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World Net Income Per Share vs Capex To Depreciation Analysis

Net Income Per Share vs Capex To Depreciation

Net Income Per Share vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Net Income Per Share

Capex To Depreciation

World Copper fundamental ratios Correlations

World Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity

Long Term Debt	- 0.98	Net Debt
Net Debt	- 0.98	Deferred Long Term Liab
Net Debt	- 0.98	Other Assets
Net Debt	- 0.98	Other Liab
Common Stock	- 0.96	Retained Earnings
Common Stock	- 0.96	Other Current Liab