Colibri Free Cash Flow Yield vs Average Payables Analysis

CBI Stock  CAD 0.04  0.01  33.33%   
Colibri Resource financial indicator trend analysis is way more than just evaluating Colibri Resource Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colibri Resource Corp is a good investment. Please check the relationship between Colibri Resource Free Cash Flow Yield and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colibri Resource Corp. 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.

Free Cash Flow Yield vs Average Payables

Free Cash Flow Yield vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colibri Resource Corp Free Cash Flow Yield account and Average Payables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Colibri Resource's Free Cash Flow Yield and Average Payables is 0.55. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Average Payables in the same time period over historical financial statements of Colibri Resource Corp, assuming nothing else is changed. The correlation between historical values of Colibri Resource's Free Cash Flow Yield 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 Free Cash Flow Yield of Colibri Resource Corp 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 Free Cash Flow Yield i.e., Colibri Resource's Free Cash Flow Yield and Average Payables go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 Colibri Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colibri Resource Corp 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 Colibri Resource Corp. 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.
At this time, Colibri Resource's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 6.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Colibri Resource fundamental ratios Correlations

-0.19-0.120.950.76-0.330.21-0.070.560.960.510.530.240.00.540.010.560.160.650.620.230.45-0.420.36-0.130.12
-0.190.83-0.34-0.390.53-0.70.62-0.23-0.170.32-0.120.160.6-0.590.6-0.050.65-0.53-0.460.63-0.80.26-0.030.630.36
-0.120.83-0.38-0.470.69-0.840.88-0.08-0.180.310.170.470.86-0.660.90.230.82-0.59-0.560.54-0.790.180.290.770.75
0.95-0.34-0.380.83-0.530.44-0.310.570.940.390.440.0-0.270.71-0.260.45-0.120.760.740.040.58-0.40.2-0.31-0.17
0.76-0.39-0.470.83-0.490.48-0.360.240.80.240.1-0.07-0.450.7-0.430.11-0.190.650.680.020.51-0.01-0.16-0.63-0.35
-0.330.530.69-0.53-0.49-0.80.47-0.63-0.230.41-0.380.490.8-0.720.8-0.320.65-0.6-0.620.6-0.53-0.110.450.450.76
0.21-0.7-0.840.440.48-0.8-0.730.320.22-0.420.06-0.55-0.850.64-0.81-0.01-0.90.80.82-0.580.68-0.02-0.34-0.66-0.73
-0.070.620.88-0.31-0.360.47-0.730.09-0.20.090.350.530.71-0.50.740.40.77-0.57-0.540.31-0.720.370.140.750.64
0.56-0.23-0.080.570.24-0.630.320.090.36-0.070.920.11-0.080.42-0.060.9-0.10.440.43-0.320.21-0.180.160.11-0.04
0.96-0.17-0.180.940.8-0.230.22-0.20.360.610.290.14-0.040.56-0.020.330.10.640.610.30.45-0.450.34-0.220.06
0.510.320.310.390.240.41-0.420.09-0.070.610.00.320.47-0.090.490.090.50.070.040.80.1-0.540.640.110.5
0.53-0.120.170.440.1-0.380.060.350.920.290.00.360.210.180.210.990.190.290.26-0.180.09-0.190.350.340.26
0.240.160.470.0-0.070.49-0.550.530.110.140.320.360.75-0.360.670.440.71-0.16-0.240.47-0.26-0.270.550.350.78
0.00.60.86-0.27-0.450.8-0.850.71-0.08-0.040.470.210.75-0.660.970.280.86-0.48-0.520.6-0.58-0.250.650.730.93
0.54-0.59-0.660.710.7-0.720.64-0.50.420.56-0.090.18-0.36-0.66-0.620.13-0.490.530.53-0.460.56-0.07-0.22-0.54-0.55
0.010.60.9-0.26-0.430.8-0.810.74-0.06-0.020.490.210.670.97-0.620.280.8-0.46-0.480.59-0.57-0.180.650.680.95
0.56-0.050.230.450.11-0.32-0.010.40.90.330.090.990.440.280.130.280.280.280.25-0.060.07-0.220.40.370.34
0.160.650.82-0.12-0.190.65-0.90.77-0.10.10.50.190.710.86-0.490.80.28-0.51-0.540.67-0.54-0.050.410.650.77
0.65-0.53-0.590.760.65-0.60.8-0.570.440.640.070.29-0.16-0.480.53-0.460.28-0.510.99-0.120.73-0.370.1-0.47-0.33
0.62-0.46-0.560.740.68-0.620.82-0.540.430.610.040.26-0.24-0.520.53-0.480.25-0.540.99-0.120.66-0.23-0.01-0.49-0.38
0.230.630.540.040.020.6-0.580.31-0.320.30.8-0.180.470.6-0.460.59-0.060.67-0.12-0.12-0.23-0.240.40.230.56
0.45-0.8-0.790.580.51-0.530.68-0.720.210.450.10.09-0.26-0.580.56-0.570.07-0.540.730.66-0.23-0.490.19-0.61-0.35
-0.420.260.18-0.4-0.01-0.11-0.020.37-0.18-0.45-0.54-0.19-0.27-0.25-0.07-0.18-0.22-0.05-0.37-0.23-0.24-0.49-0.81-0.06-0.33
0.36-0.030.290.2-0.160.45-0.340.140.160.340.640.350.550.65-0.220.650.40.410.1-0.010.40.19-0.810.360.77
-0.130.630.77-0.31-0.630.45-0.660.750.11-0.220.110.340.350.73-0.540.680.370.65-0.47-0.490.23-0.61-0.060.360.58
0.120.360.75-0.17-0.350.76-0.730.64-0.040.060.50.260.780.93-0.550.950.340.77-0.33-0.380.56-0.35-0.330.770.58
Click cells to compare fundamentals

Colibri Resource Account Relationship Matchups

Colibri Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M3.2M5.7M5.9M6.5M3.9M
Other Current Liab425.4K328.0K199.6K58.1K363.5K381.7K
Total Current Liabilities976.6K1.1M767.2K513.5K848.0K890.4K
Total Stockholder Equity874.2K1.2M4.1M3.9M4.1M3.4M
Property Plant And Equipment Net1.7M2.3M639.9K5.0M656.2K623.4K
Net Debt622.9K1.1M119.2K1.8M1.5M1.5M
Retained Earnings(14.6M)(14.4M)(14.2M)(14.8M)(15.6M)(14.8M)
Accounts Payable152.6K283.2K199.6K123.1K141.5K124.9K
Cash347.1K337.6K1.3M84.1K378.8K694.5K
Non Current Assets Total1.7M2.3M3.4M5.0M5.6M4.2M
Non Currrent Assets Other658.1K1.7M2.7M4.9M5.6M5.9M
Cash And Short Term Investments647.1K823.6K2.3M654.1K680.9K798.9K
Net Receivables13.1K29.1K43.9K89.6K44.4K24.2K
Common Stock Shares Outstanding58.6M65.9M87.5M96.7M96.8M101.6M
Liabilities And Stockholders Equity2.4M3.2M5.7M5.9M6.5M3.9M
Other Stockholder Equity745.1K752.0K603.4K896.1K1.3M1.2M
Total Liab1.5M2.0M1.7M2.0M2.4M2.5M
Total Current Assets720.3K948.0K2.3M922.6K938.3K865.5K
Common Stock14.2M14.8M15.0M17.6M17.6M12.5M
Accumulated Other Comprehensive Income(99.7K)(116.0K)55.1K246.7K871.2K914.7K
Net Tangible Assets139.0K874.2K1.2M4.1M3.6M2.5M
Property Plant Equipment658.1K1.7M2.3M3.4M3.0M2.6M
Other Current Assets60.1K95.3K41.0K178.9K212.9K115.0K
Non Current Liabilities Total571.4K967.9K901.1K1.5M1.5M1.6M
Net Invested Capital139.0K1.8M2.4M5.6M5.0M2.7M
Net Working Capital(519.1K)(256.3K)(121.9K)409.1K470.5K494.0K
Short Term Debt398.7K458.6K567.6K332.3K484.5K480.6K
Short Long Term Debt Total970.1K1.4M1.4M1.9M1.8M1.5M

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Additional Tools for Colibri Stock Analysis

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