Contango Capital Surpluse vs Retained Earnings Analysis

CTGO Stock

USD 21.33 0.97 4.76%

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

To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.

Capital Surpluse vs Retained Earnings

Capital Surpluse vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contango ORE Capital Surpluse account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Contango ORE's Capital Surpluse and Retained Earnings is 0.49. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Contango ORE, assuming nothing else is changed. The correlation between historical values of Contango ORE's Capital Surpluse and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Contango ORE are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Surpluse i.e., Contango ORE's Capital Surpluse and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Surpluse

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Contango ORE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contango ORE 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 Contango ORE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.At this time, Contango ORE's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Enterprise Value is likely to grow to about 205 M, though Tax Provision is likely to grow to (130.8 K).

Contango ORE fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Currrent Assets Other	Cash And Short Term Investments	Net Tangible Assets	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Capital Surpluse	Net Invested Capital	Net Working Capital
Total Assets		0.58	0.58	0.28	0.74	0.74	0.6	0.92	0.76	0.73	0.85	-0.26	0.74	0.05	0.24	0.04	0.85	-0.41	0.85	0.27	0.45	0.57	-0.63	0.59	0.94	0.82
Other Current Liab	0.58		0.82	-0.56	0.9	0.89	0.56	0.69	0.85	0.93	0.13	-0.04	0.9	0.76	0.21	-0.15	0.13	0.01	0.13	-0.53	0.41	0.52	-0.58	0.54	0.44	0.15
Total Current Liabilities	0.58	0.82		-0.43	0.83	0.83	0.27	0.56	0.63	0.84	0.18	-0.14	0.83	0.63	-0.13	0.42	0.18	0.06	0.18	-0.51	0.1	0.23	-0.3	0.25	0.34	0.05
Total Stockholder Equity	0.28	-0.56	-0.43		-0.43	-0.43	0.01	0.1	-0.18	-0.45	0.72	-0.15	-0.43	-0.94	0.03	0.09	0.73	-0.54	0.73	0.97	0.06	0.07	-0.07	0.08	0.39	0.67
Property Plant And Equipment Net	0.74	0.9	0.83	-0.43		1.0	0.51	0.78	0.8	0.99	0.29	-0.11	1.0	0.71	0.18	0.01	0.28	-0.03	0.28	-0.42	0.34	0.44	-0.5	0.45	0.61	0.29
Non Current Assets Total	0.74	0.89	0.83	-0.43	1.0		0.51	0.77	0.79	0.99	0.29	-0.12	1.0	0.71	0.18	0.02	0.28	-0.02	0.28	-0.42	0.33	0.43	-0.49	0.44	0.61	0.28
Common Stock Shares Outstanding	0.6	0.56	0.27	0.01	0.51	0.51		0.54	0.83	0.54	0.49	-0.45	0.51	0.19	0.62	-0.53	0.46	-0.42	0.46	0.05	0.84	0.91	-0.88	0.93	0.63	0.44
Other Current Assets	0.92	0.69	0.56	0.1	0.78	0.77	0.54		0.75	0.78	0.71	0.01	0.78	0.2	0.16	-0.11	0.72	-0.31	0.72	0.16	0.44	0.56	-0.63	0.58	0.9	0.76
Other Stockholder Equity	0.76	0.85	0.63	-0.18	0.8	0.79	0.83	0.75		0.84	0.47	-0.42	0.8	0.45	0.51	-0.34	0.45	-0.21	0.45	-0.17	0.68	0.78	-0.82	0.79	0.67	0.47
Total Liab	0.73	0.93	0.84	-0.45	0.99	0.99	0.54	0.78	0.84		0.28	-0.14	0.99	0.72	0.2	-0.03	0.27	0.0	0.27	-0.44	0.37	0.48	-0.54	0.49	0.6	0.28
Total Current Assets	0.85	0.13	0.18	0.72	0.29	0.29	0.49	0.71	0.47	0.28		-0.28	0.29	-0.46	0.2	0.04	1.0	-0.57	1.0	0.7	0.4	0.49	-0.52	0.51	0.89	0.93
Common Stock	-0.26	-0.04	-0.14	-0.15	-0.11	-0.12	-0.45	0.01	-0.42	-0.14	-0.28		-0.11	0.03	-0.36	0.04	-0.22	0.12	-0.22	-0.02	-0.35	-0.33	0.33	-0.33	-0.17	-0.14
Property Plant Equipment	0.74	0.9	0.83	-0.43	1.0	1.0	0.51	0.78	0.8	0.99	0.29	-0.11		0.71	0.18	0.01	0.28	-0.03	0.28	-0.42	0.34	0.44	-0.5	0.45	0.61	0.29
Net Debt	0.05	0.76	0.63	-0.94	0.71	0.71	0.19	0.2	0.45	0.72	-0.46	0.03	0.71		0.07	-0.1	-0.47	0.42	-0.47	-0.92	0.09	0.11	-0.14	0.11	-0.08	-0.42
Retained Earnings	0.24	0.21	-0.13	0.03	0.18	0.18	0.62	0.16	0.51	0.2	0.2	-0.36	0.18	0.07		-0.64	0.18	-0.19	0.18	0.03	0.51	0.5	-0.49	0.49	0.26	0.22
Accounts Payable	0.04	-0.15	0.42	0.09	0.01	0.02	-0.53	-0.11	-0.34	-0.03	0.04	0.04	0.01	-0.1	-0.64		0.05	0.13	0.05	-0.07	-0.56	-0.52	0.48	-0.5	-0.15	-0.17
Cash	0.85	0.13	0.18	0.73	0.28	0.28	0.46	0.72	0.45	0.27	1.0	-0.22	0.28	-0.47	0.18	0.05		-0.57	1.0	0.71	0.37	0.47	-0.5	0.49	0.88	0.94
Non Currrent Assets Other	-0.41	0.01	0.06	-0.54	-0.03	-0.02	-0.42	-0.31	-0.21	0.0	-0.57	0.12	-0.03	0.42	-0.19	0.13	-0.57		-0.57	-0.58	-0.37	-0.44	0.51	-0.46	-0.5	-0.57
Cash And Short Term Investments	0.85	0.13	0.18	0.73	0.28	0.28	0.46	0.72	0.45	0.27	1.0	-0.22	0.28	-0.47	0.18	0.05	1.0	-0.57		0.71	0.37	0.47	-0.5	0.49	0.88	0.94
Net Tangible Assets	0.27	-0.53	-0.51	0.97	-0.42	-0.42	0.05	0.16	-0.17	-0.44	0.7	-0.02	-0.42	-0.92	0.03	-0.07	0.71	-0.58	0.71		0.12	0.14	-0.13	0.14	0.43	0.72
Net Receivables	0.45	0.41	0.1	0.06	0.34	0.33	0.84	0.44	0.68	0.37	0.4	-0.35	0.34	0.09	0.51	-0.56	0.37	-0.37	0.37	0.12		0.97	-0.93	0.96	0.51	0.41
Common Stock Total Equity	0.57	0.52	0.23	0.07	0.44	0.43	0.91	0.56	0.78	0.48	0.49	-0.33	0.44	0.11	0.5	-0.52	0.47	-0.44	0.47	0.14	0.97		-0.97	1.0	0.61	0.49
Retained Earnings Total Equity	-0.63	-0.58	-0.3	-0.07	-0.5	-0.49	-0.88	-0.63	-0.82	-0.54	-0.52	0.33	-0.5	-0.14	-0.49	0.48	-0.5	0.51	-0.5	-0.13	-0.93	-0.97		-0.98	-0.65	-0.54
Capital Surpluse	0.59	0.54	0.25	0.08	0.45	0.44	0.93	0.58	0.79	0.49	0.51	-0.33	0.45	0.11	0.49	-0.5	0.49	-0.46	0.49	0.14	0.96	1.0	-0.98		0.63	0.5
Net Invested Capital	0.94	0.44	0.34	0.39	0.61	0.61	0.63	0.9	0.67	0.6	0.89	-0.17	0.61	-0.08	0.26	-0.15	0.88	-0.5	0.88	0.43	0.51	0.61	-0.65	0.63		0.91
Net Working Capital	0.82	0.15	0.05	0.67	0.29	0.28	0.44	0.76	0.47	0.28	0.93	-0.14	0.29	-0.42	0.22	-0.17	0.94	-0.57	0.94	0.72	0.41	0.49	-0.54	0.5	0.91

Click cells to compare fundamentals

Contango ORE Account Relationship Matchups

Contango ORE fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1M	36.0M	37.3M	25.7M	29.5M	31.0M
Other Current Liab	1.0M	195.8K	871.0K	2.1M	2.4M	2.5M
Total Current Liabilities	1.1M	222.1K	1.5M	2.3M	2.6M	2.8M
Total Stockholder Equity	2.0M	34.5M	13.3M	(4.8M)	(5.5M)	(5.2M)
Common Stock Shares Outstanding	6.5M	6.3M	6.7M	7.1M	8.2M	4.9M
Liabilities And Stockholders Equity	3.1M	36.0M	37.3M	25.7M	29.5M	31.0M
Other Current Assets	72.2K	515.6K	453.4K	413.9K	476.0K	499.8K
Other Stockholder Equity	60.8M	69.5M	71.7M	93.4M	107.4M	112.8M
Total Liab	1.1M	1.4M	24.0M	30.4M	35.0M	36.8M
Total Current Assets	3.1M	35.9M	23.8M	12.3M	14.1M	10.5M
Common Stock	65.9K	66.8K	68.6K	77.8K	70.0K	66.5K
Net Debt	(3.0M)	(35.2M)	(3.9M)	13.8M	15.9M	16.7M
Retained Earnings	(58.9M)	(35.0M)	(58.5M)	(98.3M)	(113.0M)	(118.7M)
Accounts Payable	83.2K	26.3K	633.9K	220.8K	198.7K	317.3K
Cash	3.0M	35.2M	23.1M	11.6M	13.4M	11.0M
Cash And Short Term Investments	3.0M	35.2M	23.1M	11.6M	13.4M	11.0M
Net Tangible Assets	2.0M	34.5M	13.3M	(4.8M)	(5.5M)	(5.2M)
Non Current Liabilities Total	83.2K	1.2M	22.5M	28.1M	32.4M	34.0M
Net Invested Capital	2.0M	34.5M	32.5M	20.7M	23.8M	18.4M
Net Working Capital	2.0M	35.7M	22.3M	10.0M	11.5M	15.3M
Capital Stock	65.9K	66.8K	68.6K	77.8K	89.5K	75.4K

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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:

How To Invest In Contango

Details

Is Contango Stock a good investment?

Details

What is Contango ORE's Net Worth?

Details

Largest Materials Companies

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Largest Basic Materials Companies

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

To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.

Note that the Contango ORE information on this page should be used as a complementary analysis to other Contango ORE'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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

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Is Contango ORE's industry 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.

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Contango Capital Surpluse vs Retained Earnings Analysis

Capital Surpluse vs Retained Earnings

Capital Surpluse vs Retained Earnings Correlation Analysis

Correlation Coefficient

Capital Surpluse

Retained Earnings

Contango ORE fundamental ratios Correlations

Contango ORE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Contango ORE fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Contango Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Non Current Assets Total
Cash	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 1.0	Cash

Capital Surpluse	- 0.98	Retained Earnings Total Equity
Retained Earnings Total Equity	- 0.97	Common Stock Total Equity
Net Debt	- 0.94	Total Stockholder Equity
Retained Earnings Total Equity	- 0.93	Net Receivables
Net Tangible Assets	- 0.92	Net Debt
Retained Earnings Total Equity	- 0.88	Common Stock Shares Outstanding