Contango Property Plant And Equipment Net vs Property Plant Equipment Analysis

CTGO Stock  USD 23.92  0.54  2.21%   
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 Property Plant And Equipment Net and its Property Plant Equipment 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.

Property Plant And Equipment Net vs Property Plant Equipment

Property Plant And Equipment Net vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contango ORE Property Plant And Equipment Net account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Contango ORE's Property Plant And Equipment Net and Property Plant Equipment is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Property Plant Equipment 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 Property Plant And Equipment Net and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Contango ORE are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Property Plant And Equipment Net i.e., Contango ORE's Property Plant And Equipment Net and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Property Plant Equipment

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 1st of June 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

0.580.580.280.740.740.60.920.760.730.85-0.260.740.050.240.040.85-0.410.850.270.450.57-0.630.590.940.82
0.580.82-0.560.90.890.560.690.850.930.13-0.040.90.760.21-0.150.130.010.13-0.530.410.52-0.580.540.440.15
0.580.82-0.430.830.830.270.560.630.840.18-0.140.830.63-0.130.420.180.060.18-0.510.10.23-0.30.250.340.05
0.28-0.56-0.43-0.43-0.430.010.1-0.18-0.450.72-0.15-0.43-0.940.030.090.73-0.540.730.970.060.07-0.070.080.390.67
0.740.90.83-0.431.00.510.780.80.990.29-0.111.00.710.180.010.28-0.030.28-0.420.340.44-0.50.450.610.29
0.740.890.83-0.431.00.510.770.790.990.29-0.121.00.710.180.020.28-0.020.28-0.420.330.43-0.490.440.610.28
0.60.560.270.010.510.510.540.830.540.49-0.450.510.190.62-0.530.46-0.420.460.050.840.91-0.880.930.630.44
0.920.690.560.10.780.770.540.750.780.710.010.780.20.16-0.110.72-0.310.720.160.440.56-0.630.580.90.76
0.760.850.63-0.180.80.790.830.750.840.47-0.420.80.450.51-0.340.45-0.210.45-0.170.680.78-0.820.790.670.47
0.730.930.84-0.450.990.990.540.780.840.28-0.140.990.720.2-0.030.270.00.27-0.440.370.48-0.540.490.60.28
0.850.130.180.720.290.290.490.710.470.28-0.280.29-0.460.20.041.0-0.571.00.70.40.49-0.520.510.890.93
-0.26-0.04-0.14-0.15-0.11-0.12-0.450.01-0.42-0.14-0.28-0.110.03-0.360.04-0.220.12-0.22-0.02-0.35-0.330.33-0.33-0.17-0.14
0.740.90.83-0.431.01.00.510.780.80.990.29-0.110.710.180.010.28-0.030.28-0.420.340.44-0.50.450.610.29
0.050.760.63-0.940.710.710.190.20.450.72-0.460.030.710.07-0.1-0.470.42-0.47-0.920.090.11-0.140.11-0.08-0.42
0.240.21-0.130.030.180.180.620.160.510.20.2-0.360.180.07-0.640.18-0.190.180.030.510.5-0.490.490.260.22
0.04-0.150.420.090.010.02-0.53-0.11-0.34-0.030.040.040.01-0.1-0.640.050.130.05-0.07-0.56-0.520.48-0.5-0.15-0.17
0.850.130.180.730.280.280.460.720.450.271.0-0.220.28-0.470.180.05-0.571.00.710.370.47-0.50.490.880.94
-0.410.010.06-0.54-0.03-0.02-0.42-0.31-0.210.0-0.570.12-0.030.42-0.190.13-0.57-0.57-0.58-0.37-0.440.51-0.46-0.5-0.57
0.850.130.180.730.280.280.460.720.450.271.0-0.220.28-0.470.180.051.0-0.570.710.370.47-0.50.490.880.94
0.27-0.53-0.510.97-0.42-0.420.050.16-0.17-0.440.7-0.02-0.42-0.920.03-0.070.71-0.580.710.120.14-0.130.140.430.72
0.450.410.10.060.340.330.840.440.680.370.4-0.350.340.090.51-0.560.37-0.370.370.120.97-0.930.960.510.41
0.570.520.230.070.440.430.910.560.780.480.49-0.330.440.110.5-0.520.47-0.440.470.140.97-0.971.00.610.49
-0.63-0.58-0.3-0.07-0.5-0.49-0.88-0.63-0.82-0.54-0.520.33-0.5-0.14-0.490.48-0.50.51-0.5-0.13-0.93-0.97-0.98-0.65-0.54
0.590.540.250.080.450.440.930.580.790.490.51-0.330.450.110.49-0.50.49-0.460.490.140.961.0-0.980.630.5
0.940.440.340.390.610.610.630.90.670.60.89-0.170.61-0.080.26-0.150.88-0.50.880.430.510.61-0.650.630.91
0.820.150.050.670.290.280.440.760.470.280.93-0.140.29-0.420.22-0.170.94-0.570.940.720.410.49-0.540.50.91
Click cells to compare fundamentals

Contango ORE Account Relationship Matchups

Contango ORE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1M36.0M37.3M25.7M29.5M31.0M
Other Current Liab1.0M195.8K871.0K2.1M2.4M2.5M
Total Current Liabilities1.1M222.1K1.5M2.3M2.6M2.8M
Total Stockholder Equity2.0M34.5M13.3M(4.8M)(5.5M)(5.2M)
Common Stock Shares Outstanding6.5M6.3M6.7M7.1M8.2M4.9M
Liabilities And Stockholders Equity3.1M36.0M37.3M25.7M29.5M31.0M
Other Current Assets72.2K515.6K453.4K413.9K476.0K499.8K
Other Stockholder Equity60.8M69.5M71.7M93.4M107.4M112.8M
Total Liab1.1M1.4M24.0M30.4M35.0M36.8M
Total Current Assets3.1M35.9M23.8M12.3M14.1M10.5M
Common Stock65.9K66.8K68.6K77.8K70.0K66.5K
Net Debt(3.0M)(35.2M)(3.9M)13.8M15.9M16.7M
Retained Earnings(58.9M)(35.0M)(58.5M)(98.3M)(113.0M)(118.7M)
Accounts Payable83.2K26.3K633.9K220.8K198.7K317.3K
Cash3.0M35.2M23.1M11.6M13.4M11.0M
Cash And Short Term Investments3.0M35.2M23.1M11.6M13.4M11.0M
Net Tangible Assets2.0M34.5M13.3M(4.8M)(5.5M)(5.2M)
Non Current Liabilities Total83.2K1.2M22.5M28.1M32.4M34.0M
Net Invested Capital2.0M34.5M32.5M20.7M23.8M18.4M
Net Working Capital2.0M35.7M22.3M10.0M11.5M15.3M
Capital Stock65.9K66.8K68.6K77.8K89.5K75.4K

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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:
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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.