Blue Total Current Liabilities vs Total Stockholder Equity Analysis

MOON Stock

CAD 0.05 0.01 25.00%

Blue Moon financial indicator trend analysis is way more than just evaluating Blue Moon Zinc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Moon Zinc is a good investment. Please check the relationship between Blue Moon Total Current Liabilities and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blue Moon Zinc. 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.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Moon Zinc Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Blue Moon's Total Current Liabilities and Total Stockholder Equity is -0.52. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Blue Moon Zinc, assuming nothing else is changed. The correlation between historical values of Blue Moon's Total Current Liabilities and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Blue Moon Zinc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Blue Moon's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Blue Moon balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blue Moon Zinc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Blue Moon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Moon Zinc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Blue Moon Zinc. 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.

Selling General Administrative is likely to climb to about 278.3 K in 2024, despite the fact that Discontinued Operations is likely to grow to (56.4 K).

	2023	2024 (projected)
Other Operating Expenses	373.8K	621.5K
Depreciation And Amortization	694.8	660.06

Other Operating Expenses Depreciation And Amortization

Blue Moon fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Net Tangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Inventory	Other Current Assets	Net Invested Capital	Net Working Capital	Capital Stock	Short Long Term Debt Total
Total Assets		-0.36	0.98	0.9	-0.75	0.71	0.18	0.78	0.9	0.76	0.46	-0.35	0.27	-0.42	0.77	-0.18	0.9	-0.43	0.86	0.23	-0.54	0.01	0.1	0.41	-0.22	0.21
Total Current Liabilities	-0.36		-0.52	-0.32	0.44	-0.57	0.43	-0.32	-0.32	-0.29	-0.41	0.26	-0.67	0.97	-0.28	0.86	-0.5	0.49	-0.3	-0.14	0.64	0.53	-0.23	-0.73	0.23	0.16
Total Stockholder Equity	0.98	-0.52		0.88	-0.77	0.77	0.08	0.78	0.88	0.75	0.5	-0.36	0.39	-0.58	0.76	-0.33	0.92	-0.5	0.84	0.22	-0.63	-0.1	0.13	0.53	-0.25	0.18
Property Plant And Equipment Net	0.9	-0.32	0.88		-0.46	0.55	0.18	0.43	1.0	0.43	0.13	-0.27	0.29	-0.35	0.41	-0.22	0.81	-0.4	0.83	0.22	-0.49	-0.1	-0.02	0.27	-0.23	0.17
Net Debt	-0.75	0.44	-0.77	-0.46		-0.91	-0.17	-0.9	-0.46	-0.97	-0.83	0.69	-0.46	0.51	-0.9	0.13	-0.8	0.64	-0.64	-0.53	0.68	-0.02	0.03	-0.44	0.51	-0.48
Retained Earnings	0.71	-0.57	0.77	0.55	-0.91		-0.01	0.72	0.55	0.81	0.74	-0.8	0.63	-0.66	0.69	-0.2	0.8	-0.85	0.64	0.6	-0.85	-0.26	-0.26	0.39	-0.74	0.59
Accounts Payable	0.18	0.43	0.08	0.18	-0.17	-0.01		0.09	0.18	0.21	-0.15	-0.24	0.1	0.39	0.13	0.23	0.22	0.0	0.17	0.37	-0.01	0.83	0.14	0.01	-0.06	0.45
Cash	0.78	-0.32	0.78	0.43	-0.9	0.72	0.09		0.43	0.96	0.76	-0.36	0.17	-0.4	1.0	-0.08	0.73	-0.35	0.61	0.19	-0.45	0.11	0.2	0.46	-0.16	0.21
Non Current Assets Total	0.9	-0.32	0.88	1.0	-0.46	0.55	0.18	0.43		0.43	0.13	-0.27	0.29	-0.35	0.41	-0.22	0.81	-0.4	0.83	0.22	-0.49	-0.1	-0.02	0.27	-0.23	0.17
Cash And Short Term Investments	0.76	-0.29	0.75	0.43	-0.97	0.81	0.21	0.96	0.43		0.78	-0.6	0.27	-0.36	0.96	0.01	0.76	-0.49	0.64	0.45	-0.55	0.14	0.05	0.37	-0.37	0.42
Net Receivables	0.46	-0.41	0.5	0.13	-0.83	0.74	-0.15	0.76	0.13	0.78		-0.51	0.22	-0.45	0.76	-0.05	0.44	-0.45	0.33	0.31	-0.42	-0.11	-0.1	0.26	-0.39	0.27
Common Stock Shares Outstanding	-0.35	0.26	-0.36	-0.27	0.69	-0.8	-0.24	-0.36	-0.27	-0.6	-0.51		-0.6	0.31	-0.35	-0.08	-0.52	0.8	-0.41	-0.92	0.72	0.08	0.48	-0.03	0.9	-0.82
Other Stockholder Equity	0.27	-0.67	0.39	0.29	-0.46	0.63	0.1	0.17	0.29	0.27	0.22	-0.6		-0.75	0.14	-0.64	0.51	-0.78	0.24	0.49	-0.74	-0.23	-0.03	0.63	-0.65	0.47
Total Liab	-0.42	0.97	-0.58	-0.35	0.51	-0.66	0.39	-0.4	-0.35	-0.36	-0.45	0.31	-0.75		-0.36	0.82	-0.56	0.6	-0.32	-0.15	0.71	0.51	-0.19	-0.77	0.33	0.01
Total Current Assets	0.77	-0.28	0.76	0.41	-0.9	0.69	0.13	1.0	0.41	0.96	0.76	-0.35	0.14	-0.36		-0.05	0.71	-0.33	0.59	0.18	-0.43	0.17	0.22	0.45	-0.14	0.22
Other Current Liab	-0.18	0.86	-0.33	-0.22	0.13	-0.2	0.23	-0.08	-0.22	0.01	-0.05	-0.08	-0.64	0.82	-0.05		-0.33	0.25	-0.11	0.13	0.41	0.31	-0.48	-0.83	-0.06	0.34
Net Tangible Assets	0.9	-0.5	0.92	0.81	-0.8	0.8	0.22	0.73	0.81	0.76	0.44	-0.52	0.51	-0.56	0.71	-0.33		-0.61	0.92	0.42	-0.73	-0.05	0.06	0.51	-0.39	0.33
Common Stock	-0.43	0.49	-0.5	-0.4	0.64	-0.85	0.0	-0.35	-0.4	-0.49	-0.45	0.8	-0.78	0.6	-0.33	0.25	-0.61		-0.42	-0.56	0.87	0.32	0.49	-0.31	0.89	-0.73
Property Plant Equipment	0.86	-0.3	0.84	0.83	-0.64	0.64	0.17	0.61	0.83	0.64	0.33	-0.41	0.24	-0.32	0.59	-0.11	0.92	-0.42		0.38	-0.55	-0.08	-0.04	0.22	-0.3	0.23
Short Term Investments	0.23	-0.14	0.22	0.22	-0.53	0.6	0.37	0.19	0.22	0.45	0.31	-0.92	0.49	-0.15	0.18	0.13	0.42	-0.56	0.38		-0.57	0.06	-0.34	-0.07	-0.74	0.7
Inventory	-0.54	0.64	-0.63	-0.49	0.68	-0.85	-0.01	-0.45	-0.49	-0.55	-0.42	0.72	-0.74	0.71	-0.43	0.41	-0.73	0.87	-0.55	-0.57		0.21	0.14	-0.52	0.67	-0.53
Other Current Assets	0.01	0.53	-0.1	-0.1	-0.02	-0.26	0.83	0.11	-0.1	0.14	-0.11	0.08	-0.23	0.51	0.17	0.31	-0.05	0.32	-0.08	0.06	0.21		0.39	0.03	0.32	0.17
Net Invested Capital	0.1	-0.23	0.13	-0.02	0.03	-0.26	0.14	0.2	-0.02	0.05	-0.1	0.48	-0.03	-0.19	0.22	-0.48	0.06	0.49	-0.04	-0.34	0.14	0.39		0.65	0.71	-0.59
Net Working Capital	0.41	-0.73	0.53	0.27	-0.44	0.39	0.01	0.46	0.27	0.37	0.26	-0.03	0.63	-0.77	0.45	-0.83	0.51	-0.31	0.22	-0.07	-0.52	0.03	0.65		0.06	-0.11
Capital Stock	-0.22	0.23	-0.25	-0.23	0.51	-0.74	-0.06	-0.16	-0.23	-0.37	-0.39	0.9	-0.65	0.33	-0.14	-0.06	-0.39	0.89	-0.3	-0.74	0.67	0.32	0.71	0.06		-0.85
Short Long Term Debt Total	0.21	0.16	0.18	0.17	-0.48	0.59	0.45	0.21	0.17	0.42	0.27	-0.82	0.47	0.01	0.22	0.34	0.33	-0.73	0.23	0.7	-0.53	0.17	-0.59	-0.11	-0.85

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Blue Moon Account Relationship Matchups

Blue Moon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	784.2K	988.1K	1.4M	755.0K	1.1M	1.4M
Total Current Liabilities	508.4K	559.1K	632.5K	115.0K	194.9K	256.3K
Total Stockholder Equity	275.8K	428.9K	789.1K	440.0K	881.5K	1.2M
Net Debt	210.1K	39.0K	(276.1K)	169.8K	195.3K	205.0K
Retained Earnings	(10.7M)	(11.0M)	(12.5M)	(12.9M)	(13.2M)	(12.6M)
Accounts Payable	65.9K	98.5K	291.0K	69.0K	36.9K	35.1K
Cash	95.9K	267.0K	582.1K	30.2K	355.3K	403.5K
Cash And Short Term Investments	95.9K	267.0K	582.1K	30.2K	27.2K	25.8K
Net Receivables	2.0K	4.2K	8.4K	8.6K	7.7K	7.3K
Common Stock Shares Outstanding	10.4M	11.2M	13.8M	14.8M	26.4M	27.7M
Liabilities And Stockholders Equity	784.2K	988.1K	1.4M	755.0K	679.5K	645.5K
Other Stockholder Equity	1.1M	1.1M	1.2M	1.6M	1.4M	1.3M
Total Liab	508.4K	559.1K	632.5K	315.0K	194.9K	269.2K
Total Current Assets	115.2K	290.1K	723.6K	57.0K	378.4K	446.9K
Other Current Liab	442.5K	460.6K	341.4K	46K	52.9K	50.3K
Net Tangible Assets	275.8K	428.9K	789.1K	440.0K	396.0K	597.5K
Common Stock	9.6M	9.9M	10.3M	11.7M	13.5M	10.2M
Other Current Assets	3.4K	5K	119.3K	4.4K	5.0K	4.8K
Net Invested Capital	275.8K	428.9K	789.1K	640.0K	881.5K	588.4K
Net Working Capital	(393.2K)	(269.1K)	91.1K	(58.0K)	183.5K	192.6K

Pair Trading with Blue Moon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Moon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Moon will appreciate offsetting losses from the drop in the long position's value.

Moving against Blue Stock

0.88	FFH-PC	Fairfax Fin Hld	Pair Corr
0.85	FFH-PD	Fairfax Financial	Pair Corr
0.84	FFH-PK	Fairfax Financial	Pair Corr
0.84	FFH-PI	Fairfax Financial	Pair Corr
0.79	IE	Ivanhoe Energy	Pair Corr

The ability to find closely correlated positions to Blue Moon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Moon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Moon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Moon Zinc to buy it.

The correlation of Blue Moon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Moon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Moon Zinc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Blue Moon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Blue Stock Analysis

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

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