Big Capex To Depreciation vs Average Payables Analysis

BRAU Stock

CAD 0.1 0.01 5.56%

Big Ridge financial indicator trend analysis is way more than just evaluating Big Ridge Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Ridge Gold is a good investment. Please check the relationship between Big Ridge Capex To Depreciation and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Ridge Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Capex To Depreciation vs Average Payables

Capex To Depreciation vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Ridge Gold Capex To Depreciation account and Average Payables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Big Ridge's Capex To Depreciation and Average Payables is 0.62. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Average Payables in the same time period over historical financial statements of Big Ridge Gold, assuming nothing else is changed. The correlation between historical values of Big Ridge's Capex To Depreciation and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Big Ridge Gold are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Capex To Depreciation i.e., Big Ridge's Capex To Depreciation and Average Payables go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Big Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Ridge Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Ridge Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

At this time, Big Ridge's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 12.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 577 K in 2024.

Big Ridge fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Non Current Liabilities Total	Short Term Investments	Inventory	Other Current Assets	Net Tangible Assets	Net Invested Capital	Net Working Capital
Total Assets		-0.4	0.11	0.23	0.98	0.64	-0.85	-0.45	0.29	0.85	0.62	0.39	0.84	-0.03	0.38	-0.32	0.23	0.84	-0.4	0.03	0.17	-0.49	-0.15	0.87	0.89	0.65
Short Long Term Debt Total	-0.4		0.6	0.0	-0.39	-0.56	0.15	0.45	-0.08	-0.15	-0.48	-0.95	-0.18	-0.19	-0.07	-0.16	-0.01	-0.23	1.0	0.35	-0.27	-0.29	0.7	-0.04	-0.07	-0.06
Other Current Liab	0.11	0.6		0.33	0.04	-0.14	-0.31	0.12	0.25	0.31	-0.08	-0.51	0.27	-0.02	0.09	-0.45	0.31	0.19	0.6	0.52	-0.22	-0.5	0.73	0.2	0.2	0.16
Total Current Liabilities	0.23	0.0	0.33		0.03	0.33	-0.09	-0.62	0.99	0.09	0.4	0.02	0.03	0.16	0.63	-0.36	1.0	0.0	0.0	0.88	-0.4	-0.64	0.53	-0.01	0.01	-0.28
Total Stockholder Equity	0.98	-0.39	0.04	0.03		0.58	-0.86	-0.33	0.09	0.85	0.54	0.37	0.86	-0.07	0.27	-0.26	0.03	0.86	-0.39	-0.15	0.25	-0.38	-0.27	0.9	0.92	0.72
Property Plant And Equipment Net	0.64	-0.56	-0.14	0.33	0.58		-0.24	-0.84	0.38	0.24	0.98	0.66	0.2	-0.07	0.76	-0.24	0.37	0.16	-0.56	0.24	-0.21	-0.55	-0.37	0.33	0.43	-0.07
Net Debt	-0.85	0.15	-0.31	-0.09	-0.86	-0.24		0.07	-0.13	-1.0	-0.21	-0.11	-0.99	0.11	-0.02	0.3	-0.07	-0.94	0.15	0.06	-0.2	0.34	-0.07	-0.9	-0.88	-0.87
Retained Earnings	-0.45	0.45	0.12	-0.62	-0.33	-0.84	0.07		-0.66	-0.07	-0.83	-0.46	-0.01	0.13	-0.89	0.43	-0.66	0.02	0.45	-0.46	0.43	0.6	0.19	-0.13	-0.2	0.33
Accounts Payable	0.29	-0.08	0.25	0.99	0.09	0.38	-0.13	-0.66		0.13	0.44	0.09	0.07	0.17	0.63	-0.34	0.99	0.05	-0.08	0.84	-0.36	-0.62	0.47	0.03	0.05	-0.25
Cash	0.85	-0.15	0.31	0.09	0.85	0.24	-1.0	-0.07	0.13		0.21	0.11	0.99	-0.11	0.02	-0.3	0.07	0.94	-0.15	-0.06	0.2	-0.34	0.07	0.91	0.89	0.87
Non Current Assets Total	0.62	-0.48	-0.08	0.4	0.54	0.98	-0.21	-0.83	0.44	0.21		0.6	0.18	-0.07	0.79	-0.23	0.44	0.13	-0.48	0.34	-0.2	-0.61	-0.27	0.29	0.4	-0.11
Non Currrent Assets Other	0.39	-0.95	-0.51	0.02	0.37	0.66	-0.11	-0.46	0.09	0.11	0.6		0.13	0.14	0.14	0.11	0.04	0.17	-0.95	-0.23	0.19	0.19	-0.62	0.02	0.07	0.0
Cash And Short Term Investments	0.84	-0.18	0.27	0.03	0.86	0.2	-0.99	-0.01	0.07	0.99	0.18	0.13		-0.05	-0.05	-0.24	0.01	0.96	-0.18	-0.14	0.33	-0.26	0.02	0.89	0.86	0.89
Net Receivables	-0.03	-0.19	-0.02	0.16	-0.07	-0.07	0.11	0.13	0.17	-0.11	-0.07	0.14	-0.05		-0.17	0.55	0.14	0.04	-0.19	0.01	0.39	0.2	-0.02	-0.16	-0.19	-0.04
Common Stock Shares Outstanding	0.38	-0.07	0.09	0.63	0.27	0.76	-0.02	-0.89	0.63	0.02	0.79	0.14	-0.05	-0.17		-0.46	0.67	-0.12	-0.07	0.61	-0.53	-0.82	0.01	0.19	0.27	-0.37
Other Stockholder Equity	-0.32	-0.16	-0.45	-0.36	-0.26	-0.24	0.3	0.43	-0.34	-0.3	-0.23	0.11	-0.24	0.55	-0.46		-0.37	-0.22	-0.16	-0.4	0.34	0.53	-0.32	-0.26	-0.29	-0.02
Total Liab	0.23	-0.01	0.31	1.0	0.03	0.37	-0.07	-0.66	0.99	0.07	0.44	0.04	0.01	0.14	0.67	-0.37		-0.02	-0.01	0.88	-0.42	-0.66	0.5	-0.02	0.01	-0.31
Total Current Assets	0.84	-0.23	0.19	0.0	0.86	0.16	-0.94	0.02	0.05	0.94	0.13	0.17	0.96	0.04	-0.12	-0.22	-0.02		-0.23	-0.19	0.39	-0.16	0.01	0.86	0.83	0.92
Short Term Debt	-0.4	1.0	0.6	0.0	-0.39	-0.56	0.15	0.45	-0.08	-0.15	-0.48	-0.95	-0.18	-0.19	-0.07	-0.16	-0.01	-0.23		0.35	-0.27	-0.29	0.7	-0.04	-0.07	-0.06
Non Current Liabilities Total	0.03	0.35	0.52	0.88	-0.15	0.24	0.06	-0.46	0.84	-0.06	0.34	-0.23	-0.14	0.01	0.61	-0.4	0.88	-0.19	0.35		-0.53	-0.75	0.73	-0.1	-0.06	-0.37
Short Term Investments	0.17	-0.27	-0.22	-0.4	0.25	-0.21	-0.2	0.43	-0.36	0.2	-0.2	0.19	0.33	0.39	-0.53	0.34	-0.42	0.39	-0.27	-0.53		0.5	-0.31	0.11	0.06	0.38
Inventory	-0.49	-0.29	-0.5	-0.64	-0.38	-0.55	0.34	0.6	-0.62	-0.34	-0.61	0.19	-0.26	0.2	-0.82	0.53	-0.66	-0.16	-0.29	-0.75	0.5		-0.42	-0.46	-0.52	0.0
Other Current Assets	-0.15	0.7	0.73	0.53	-0.27	-0.37	-0.07	0.19	0.47	0.07	-0.27	-0.62	0.02	-0.02	0.01	-0.32	0.5	0.01	0.7	0.73	-0.31	-0.42		-0.04	-0.06	0.0
Net Tangible Assets	0.87	-0.04	0.2	-0.01	0.9	0.33	-0.9	-0.13	0.03	0.91	0.29	0.02	0.89	-0.16	0.19	-0.26	-0.02	0.86	-0.04	-0.1	0.11	-0.46	-0.04		0.99	0.83
Net Invested Capital	0.89	-0.07	0.2	0.01	0.92	0.43	-0.88	-0.2	0.05	0.89	0.4	0.07	0.86	-0.19	0.27	-0.29	0.01	0.83	-0.07	-0.06	0.06	-0.52	-0.06	0.99		0.79
Net Working Capital	0.65	-0.06	0.16	-0.28	0.72	-0.07	-0.87	0.33	-0.25	0.87	-0.11	0.0	0.89	-0.04	-0.37	-0.02	-0.31	0.92	-0.06	-0.37	0.38	0.0	0.0	0.83	0.79

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Big Ridge Account Relationship Matchups

Big Ridge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8M	13.0M	6.2M	5.4M	6.2M	4.9M
Other Current Liab	94.2K	25K	110.4K	72.3K	65.0K	57.2K
Total Current Liabilities	79.4K	183.1K	1.9M	491.6K	565.3K	593.6K
Total Stockholder Equity	4.7M	12.8M	4.0M	4.8M	5.5M	4.6M
Net Debt	(140.0K)	(8.3M)	(2.0M)	(88.4K)	(79.5K)	(83.5K)
Retained Earnings	(22.0M)	(23.1M)	(35.9M)	(39.5M)	(35.6M)	(33.8M)
Accounts Payable	54.4K	183.1K	1.8M	419.3K	482.2K	506.3K
Cash	140.0K	8.3M	2.0M	88.4K	101.6K	96.6K
Cash And Short Term Investments	394.4K	8.8M	2.1M	95.9K	110.3K	104.7K
Net Receivables	16.1K	49.4K	385.1K	25.8K	29.7K	28.2K
Liabilities And Stockholders Equity	4.8M	13.0M	6.2M	5.4M	6.2M	4.9M
Total Liab	79.4K	185.3K	2.2M	641.7K	738.0K	774.9K
Total Current Assets	2.7M	8.9M	2.5M	123.4K	141.9K	134.8K
Short Term Investments	254.3K	530.6K	94.0K	7.5K	6.8K	6.4K
Other Current Assets	8.2K	7.8K	41.9K	1.7K	1.5K	1.5K
Net Tangible Assets	3.2M	4.7M	12.8M	4.0M	4.6M	5.9M
Net Invested Capital	4.7M	12.8M	4.0M	4.8M	5.5M	5.8M
Net Working Capital	2.6M	8.7M	612.4K	(368.2K)	(331.4K)	(314.8K)
Common Stock	21.9M	32.8M	36.4M	40.4M	46.4M	30.8M
Capital Stock	21.9M	32.8M	36.4M	40.4M	46.4M	33.7M

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Ridge Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Note that the Big Ridge Gold information on this page should be used as a complementary analysis to other Big Ridge's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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

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Please note, there is a significant difference between Big Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Big Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Ridge'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.

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Big Capex To Depreciation vs Average Payables Analysis

Capex To Depreciation vs Average Payables

Capex To Depreciation vs Average Payables Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Average Payables

Big Ridge fundamental ratios Correlations

Big Ridge Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Big Ridge fundamental ratios Accounts

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COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable
Cash And Short Term Investments	+ 0.99	Cash
Net Invested Capital	+ 0.99	Net Tangible Assets

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Short Term Debt	- 0.95	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Short Long Term Debt Total
Total Current Assets	- 0.94	Net Debt
Net Tangible Assets	- 0.9	Net Debt