World Net Tangible Assets vs Net Debt 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 Tangible Assets and its Net Debt 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 Tangible Assets vs Net Debt

Net Tangible Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of World Copper Net Tangible Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between World Copper's Net Tangible Assets and Net Debt is 0.47. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Debt 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 Tangible Assets and Net Debt 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 Tangible Assets of World Copper are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Tangible Assets i.e., World Copper's Net Tangible Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Tangible Assets vs Net Debt Analysis

Net Tangible Assets vs Net Debt

Net Tangible Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Debt

World Copper fundamental ratios Correlations

World Copper Account Relationship Matchups

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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