China Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis
CHNR Stock | USD 0.83 0.03 3.49% |
China Natural financial indicator trend analysis is way more than just evaluating China Natural Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Natural Resources is a good investment. Please check the relationship between China Natural Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural 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.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Natural Resources Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between China Natural's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.02. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of China Natural Resources, assuming nothing else is changed. The correlation between historical values of China Natural's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of China Natural Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., China Natural's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of China Natural Resources balance sheet. This account contains China Natural investments that will expire within one year. These investments include stocks and bonds that can be liquidated by China Natural Resources fairly quickly. 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.Most indicators from China Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Natural 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural 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. At this time, China Natural's Selling General Administrative is relatively stable compared to the past year. As of 06/17/2024, Sales General And Administrative To Revenue is likely to grow to 1.71, while Tax Provision is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 2.8M | 2.5M | 1.6M | 1.7M | Interest Income | 16.9M | 15.6M | 5K | 4.8K |
China Natural fundamental ratios Correlations
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China Natural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Natural fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 5.6M | 6.3M | 8.1M | 1.6M | 8.2M | 12.0M | |
Total Assets | 8.3M | 142.4M | 333.4M | 320.0M | 253.8M | 241.1M | |
Short Long Term Debt Total | 803K | 1.1M | 79.2M | 76.9M | 360K | 342K | |
Other Current Liab | 31.2M | 28.6M | 47.4M | 39.0M | 177.2M | 176.5M | |
Total Current Liabilities | 35.9M | 30.9M | 73.7M | 64.7M | 177.8M | 244.8M | |
Total Stockholder Equity | (27.6M) | 101.2M | 74.7M | 67.8M | 76.0M | 140.8M | |
Property Plant And Equipment Net | 830K | 1.2M | 3.1M | 3.4M | 399K | 379.1K | |
Net Debt | (2.6M) | (1.4M) | 20.8M | 45.2M | (4.4M) | (4.2M) | |
Retained Earnings | (1.0B) | (1.0B) | (1.1B) | (1.1B) | (1.1B) | (1.1B) | |
Accounts Payable | 215K | 100K | 3.9M | 21.1M | 20.3M | 95K | |
Cash | 3.4M | 2.5M | 58.4M | 31.7M | 4.8M | 4.5M | |
Non Current Assets Total | 830K | 1.2M | 123.9M | 123.0M | 247.9M | 347.3M | |
Non Currrent Assets Other | (799K) | (3.6M) | 10K | 100.2M | 247.5M | 259.9M | |
Cash And Short Term Investments | 3.4M | 141.1M | 59.4M | 32.7M | 4.8M | 4.5M | |
Net Receivables | 4.0M | 10K | 140.5M | 157.6M | 3K | 2.9K | |
Liabilities And Stockholders Equity | 8.3M | 142.4M | 333.4M | 320.0M | 253.8M | 241.1M | |
Non Current Liabilities Total | 100K | 30M | 10.3M | 77.8M | 77.9M | 0.0 | |
Inventory | (4.0M) | (7.4M) | 986K | 729K | (3K) | (2.9K) | |
Other Current Assets | 4.0M | 7.5M | 4.9M | 3.2M | 1.1M | 1.1M | |
Other Stockholder Equity | 689.8M | 689.6M | (1.0) | 708.3M | 814.5M | 855.3M | |
Total Liab | 35.9M | 41.2M | 151.4M | 142.5M | 177.8M | 168.9M | |
Property Plant And Equipment Gross | 830K | 1.2M | 6.8M | 7.3M | 2.0M | 1.9M | |
Accumulated Other Comprehensive Income | 688.6M | 713.6M | 708.3M | 726.0M | 748.1M | 785.5M | |
Short Term Debt | 803K | 745K | 4.0M | 4.3M | 360K | 342K | |
Intangible Assets | 799K | 643K | 20.2M | 19.4M | 22.3M | 23.4M | |
Short Term Investments | 21K | 20K | 138.7M | 1M | 3K | 2.9K | |
Property Plant Equipment | 275K | 830K | 1.2M | 3.1M | 3.5M | 3.3M | |
Long Term Debt | 30M | 77M | 74M | 71M | 81.7M | 85.7M | |
Net Tangible Assets | (21.8M) | (27.6M) | 101.2M | 54.5M | 49.0M | 51.5M | |
Capital Lease Obligations | 803K | 1.1M | 2.2M | 2.9M | 360K | 342K | |
Net Invested Capital | (27.6M) | 101.2M | 148.7M | 141.8M | 76.0M | 63.3M | |
Net Working Capital | (28.4M) | 110.3M | 135.9M | 132.3M | (171.9M) | (163.3M) |
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