Contango Cash And Short Term Investments from 2010 to 2024
CTGO Stock | USD 18.72 1.12 5.65% |
Cash And Short Term Investments | First Reported 2010-12-31 | Previous Quarter 15.5 M | Current Value 7.9 M | Quarterly Volatility 9.1 M |
Check Contango ORE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Contango ORE's main balance sheet or income statement drivers, such as Selling General Administrative of 11.6 M, Other Operating Expenses of 21.3 M or Total Operating Expenses of 21.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Contango financial statements analysis is a perfect complement when working with Contango ORE Valuation or Volatility modules.
Contango | Cash And Short Term Investments |
Latest Contango ORE's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Contango ORE over the last few years. Short Term Investments is an account in the current assets section of Contango ORE balance sheet. This account contains Contango ORE investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Contango ORE fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Contango ORE's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Contango ORE's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
Timeline |
Contango Cash And Short Term Investments Regression Statistics
Arithmetic Mean | 10,322,908 | |
Geometric Mean | 7,052,230 | |
Coefficient Of Variation | 88.41 | |
Mean Deviation | 6,529,138 | |
Median | 8,600,658 | |
Standard Deviation | 9,126,009 | |
Sample Variance | 83.3T | |
Range | 34M | |
R-Value | 0.48 | |
Mean Square Error | 69.3T | |
R-Squared | 0.23 | |
Significance | 0.07 | |
Slope | 973,820 | |
Total Sum of Squares | 1166T |
Contango Cash And Short Term Investments History
About Contango ORE Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Contango ORE income statement, its balance sheet, and the statement of cash flows. Contango ORE investors use historical funamental indicators, such as Contango ORE's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Contango ORE investors may use each financial statement separately, they are all related. The changes in Contango ORE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Contango ORE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Contango ORE Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Contango ORE. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Cash And Short Term Investments | 13.4 M | 11 M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Contango Stock
When determining whether Contango ORE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contango ORE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Contango Ore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contango Ore Stock:Check out the analysis of Contango ORE Correlation against competitors. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Return On Assets (0.21) | Return On Equity (5.05) |
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.