Wildsky Total Stockholder Equity vs Total Current Liabilities Analysis

WSK Stock  CAD 0.09  0.02  18.18%   
Wildsky Resources financial indicator trend analysis is more than just analyzing Wildsky Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wildsky Resources is a good investment. Please check the relationship between Wildsky Resources Total Stockholder Equity and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wildsky Resources. 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.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wildsky Resources Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Wildsky Resources' Total Stockholder Equity and Total Current Liabilities is 0.08. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Wildsky Resources, assuming nothing else is changed. The correlation between historical values of Wildsky Resources' Total Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Wildsky Resources are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Wildsky Resources' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Wildsky Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wildsky Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Wildsky Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wildsky Resources 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 Wildsky Resources. 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 drop to about 99.8 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Reconciled Depreciation21.8K11.5K10.3K9.8K
Total Operating Expenses887.4K722.2K830.5K706.1K

Wildsky Resources fundamental ratios Correlations

-0.17-0.240.470.35-0.43-0.63-0.25-0.31-0.560.160.570.08-0.08-0.660.51-0.43-0.560.350.180.69-0.360.28-0.59-0.21-0.62
-0.170.86-0.410.180.560.490.750.750.73-0.8-0.040.640.650.66-0.680.560.84-0.630.6-0.160.76-0.440.590.380.71
-0.240.86-0.280.290.640.580.790.870.8-0.94-0.220.740.890.78-0.860.640.88-0.890.69-0.310.88-0.790.710.590.84
0.47-0.41-0.280.240.0-0.46-0.14-0.34-0.250.420.25-0.09-0.22-0.570.470.0-0.540.41-0.040.23-0.380.25-0.18-0.06-0.53
0.350.180.290.240.20.060.160.310.12-0.230.040.180.250.03-0.250.20.06-0.090.22-0.150.270.020.130.360.08
-0.430.560.640.00.20.820.910.430.94-0.57-0.610.270.490.68-0.611.00.65-0.580.22-0.330.46-0.450.960.20.66
-0.630.490.58-0.460.060.820.760.380.84-0.58-0.780.10.440.75-0.680.820.69-0.650.04-0.390.42-0.510.860.130.71
-0.250.750.79-0.140.160.910.760.490.9-0.78-0.450.490.660.69-0.620.910.72-0.720.46-0.060.51-0.60.870.150.67
-0.310.750.87-0.340.310.430.380.490.64-0.8-0.040.730.750.79-0.920.430.84-0.760.66-0.61.0-0.620.560.840.85
-0.560.730.8-0.250.120.940.840.90.64-0.71-0.60.360.650.85-0.780.940.87-0.730.29-0.470.67-0.570.980.320.86
0.16-0.8-0.940.42-0.23-0.57-0.58-0.78-0.8-0.710.22-0.76-0.89-0.80.85-0.57-0.820.94-0.730.17-0.810.84-0.64-0.5-0.81
0.57-0.04-0.220.250.04-0.61-0.78-0.45-0.04-0.60.220.39-0.34-0.480.36-0.61-0.430.410.440.4-0.070.37-0.690.2-0.5
0.080.640.74-0.090.180.270.10.490.730.36-0.760.390.580.5-0.60.270.48-0.650.990.010.72-0.60.270.680.47
-0.080.650.89-0.220.250.490.440.660.750.65-0.89-0.340.580.68-0.750.490.77-0.90.54-0.230.74-0.860.60.430.77
-0.660.660.78-0.570.030.680.750.690.790.85-0.8-0.480.50.68-0.940.680.92-0.850.42-0.590.82-0.680.820.510.97
0.51-0.68-0.860.47-0.25-0.61-0.68-0.62-0.92-0.780.850.36-0.6-0.75-0.94-0.61-0.890.87-0.530.65-0.930.72-0.75-0.73-0.95
-0.430.560.640.00.21.00.820.910.430.94-0.57-0.610.270.490.68-0.610.65-0.580.23-0.330.46-0.450.960.20.66
-0.560.840.88-0.540.060.650.690.720.840.87-0.82-0.430.480.770.92-0.890.65-0.820.39-0.540.86-0.650.80.470.97
0.35-0.63-0.890.41-0.09-0.58-0.65-0.72-0.76-0.730.940.41-0.65-0.9-0.850.87-0.58-0.82-0.60.31-0.780.95-0.7-0.5-0.86
0.180.60.69-0.040.220.220.040.460.660.29-0.730.440.990.540.42-0.530.230.39-0.60.10.65-0.560.20.630.38
0.69-0.16-0.310.23-0.15-0.33-0.39-0.06-0.6-0.470.170.40.01-0.23-0.590.65-0.33-0.540.310.1-0.610.19-0.5-0.63-0.64
-0.360.760.88-0.380.270.460.420.511.00.67-0.81-0.070.720.740.82-0.930.460.86-0.780.65-0.61-0.630.590.830.87
0.28-0.44-0.790.250.02-0.45-0.51-0.6-0.62-0.570.840.37-0.6-0.86-0.680.72-0.45-0.650.95-0.560.19-0.63-0.56-0.43-0.7
-0.590.590.71-0.180.130.960.860.870.560.98-0.64-0.690.270.60.82-0.750.960.8-0.70.2-0.50.59-0.560.280.82
-0.210.380.59-0.060.360.20.130.150.840.32-0.50.20.680.430.51-0.730.20.47-0.50.63-0.630.83-0.430.280.54
-0.620.710.84-0.530.080.660.710.670.850.86-0.81-0.50.470.770.97-0.950.660.97-0.860.38-0.640.87-0.70.820.54
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Wildsky Resources Account Relationship Matchups

Wildsky Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities726.1K483.1K113.4K121.3K109.2K103.7K
Net Tangible Assets6.3M8.2M9.4M8.5M9.8M8.0M
Retained Earnings(55.7M)(54.9M)(58.2M)(60.8M)(54.7M)(57.5M)
Accounts Payable81.5K118.7K61.3K82.3K94.6K85.1K
Net Receivables7.5K3.8K7.1K139.0K159.9K167.9K
Other Stockholder Equity10.1M11.0M10.2M10.3M11.9M11.2M
Total Current Assets847.6K9.7M8.2M5.4M6.2M3.7M
Property Plant Equipment7.3M21.1K199.5K411.0K369.9K351.4K
Total Assets9.0M9.9M8.6M5.9M5.3M6.8M
Total Stockholder Equity8.2M9.4M8.5M5.8M6.7M7.9M
Cash35.3K1.4M3.7M2.8M3.2M3.4M
Non Current Assets Total8.1M199.5K411.0K507.3K456.6K433.7K
Total Liab726.1K483.1K113.4K121.3K109.2K103.7K
Net Invested Capital8.7M9.6M8.5M5.8M6.7M8.1M
Net Working Capital121.5K9.2M8.1M5.3M6.1M3.8M
Short Term Investments0.08.3M4.5M2.5M2.8M3.7M

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