Laramide Total Current Assets vs Non Current Assets Total Analysis

LAM Stock

CAD 0.50 0.03 5.66%

Laramide Resources financial indicator trend analysis is infinitely more than just investigating Laramide Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Laramide Resources is a good investment. Please check the relationship between Laramide Resources Total Current Assets and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laramide 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 producer price index.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Laramide Resources Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Laramide Resources' Total Current Assets and Non Current Assets Total is 0.47. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Laramide Resources, assuming nothing else is changed. The correlation between historical values of Laramide Resources' Total Current Assets and Non Current Assets Total 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 Assets of Laramide Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Laramide Resources' Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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

As of the 9th of August 2025, Selling General Administrative is likely to grow to about 5.7 M, though Tax Provision is likely to grow to (134.7 K).

Laramide Resources 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	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Short Term Debt	Other Current Assets	Non Current Liabilities Total	Short Term Investments	Inventory	Common Stock
Total Assets		0.36	0.59	0.62	0.09	-0.54	0.07	0.28	0.6	-0.7	0.35	0.05	0.61	-0.02	0.54	0.99	0.34	0.45	0.4	0.3	0.04	0.24	0.42	-0.8	0.38	0.47
Total Current Liabilities	0.36		0.58	0.6	0.35	-0.78	0.56	0.21	0.61	-0.26	0.38	-0.03	0.55	-0.15	0.59	0.35	0.31	0.35	0.54	-0.06	-0.29	0.05	0.31	-0.31	0.32	0.63
Total Stockholder Equity	0.59	0.58		0.98	0.16	-0.86	0.39	0.35	0.98	-0.24	0.55	0.09	0.21	0.23	0.75	0.55	0.58	0.23	0.59	0.33	-0.35	0.32	0.65	-0.44	0.18	0.65
Property Plant And Equipment Net	0.62	0.6	0.98		0.3	-0.88	0.35	0.32	1.0	-0.23	0.47	0.02	0.23	0.15	0.85	0.6	0.49	0.38	0.56	0.36	-0.31	0.22	0.71	-0.48	0.24	0.72
Net Debt	0.09	0.35	0.16	0.3		-0.3	0.19	-0.58	0.29	-0.08	-0.44	-0.11	-0.02	-0.26	0.53	0.14	-0.42	0.73	-0.18	0.37	0.28	-0.03	0.41	-0.23	0.22	0.26
Retained Earnings	-0.54	-0.78	-0.86	-0.88	-0.3		-0.52	-0.41	-0.88	0.23	-0.49	0.18	-0.49	-0.03	-0.82	-0.52	-0.49	-0.35	-0.53	-0.21	0.45	-0.07	-0.64	0.53	-0.41	-0.87
Accounts Payable	0.07	0.56	0.39	0.35	0.19	-0.52		-0.08	0.36	-0.06	0.21	-0.2	0.17	0.01	0.17	0.05	0.28	-0.2	-0.12	0.28	-0.31	0.05	-0.07	-0.13	0.35	0.49
Cash	0.28	0.21	0.35	0.32	-0.58	-0.41	-0.08		0.31	0.01	0.75	-0.04	0.38	0.04	0.3	0.25	0.67	-0.1	0.61	-0.23	-0.48	-0.16	0.24	-0.18	0.08	0.46
Non Current Assets Total	0.6	0.61	0.98	1.0	0.29	-0.88	0.36	0.31		-0.21	0.45	0.03	0.21	0.2	0.84	0.58	0.47	0.37	0.58	0.34	-0.33	0.25	0.73	-0.49	0.22	0.7
Non Currrent Assets Other	-0.7	-0.26	-0.24	-0.23	-0.08	0.23	-0.06	0.01	-0.21		-0.24	-0.18	-0.47	0.23	-0.13	-0.67	-0.27	-0.27	-0.14	-0.38	-0.31	-0.42	-0.12	0.64	-0.19	-0.11
Cash And Short Term Investments	0.35	0.38	0.55	0.47	-0.44	-0.49	0.21	0.75	0.45	-0.24		0.3	0.32	-0.09	0.3	0.29	0.96	-0.26	0.57	0.07	-0.25	0.2	0.14	-0.08	-0.06	0.35
Net Receivables	0.05	-0.03	0.09	0.02	-0.11	0.18	-0.2	-0.04	0.03	-0.18	0.3		-0.13	0.11	-0.14	0.01	0.21	-0.06	0.21	0.14	0.15	0.46	0.07	0.11	-0.82	-0.43
Common Stock Shares Outstanding	0.61	0.55	0.21	0.23	-0.02	-0.49	0.17	0.38	0.21	-0.47	0.32	-0.13		-0.34	0.27	0.63	0.24	0.21	0.3	-0.31	-0.25	-0.12	0.09	-0.45	0.37	0.51
Other Stockholder Equity	-0.02	-0.15	0.23	0.15	-0.26	-0.03	0.01	0.04	0.2	0.23	-0.09	0.11	-0.34		-0.11	-0.07	-0.1	-0.19	0.15	0.16	-0.24	0.31	0.19	-0.21	-0.16	-0.15
Total Liab	0.54	0.59	0.75	0.85	0.53	-0.82	0.17	0.3	0.84	-0.13	0.3	-0.14	0.27	-0.11		0.56	0.29	0.68	0.54	0.32	-0.22	-0.03	0.82	-0.5	0.34	0.76
Property Plant And Equipment Gross	0.99	0.35	0.55	0.6	0.14	-0.52	0.05	0.25	0.58	-0.67	0.29	0.01	0.63	-0.07	0.56		0.28	0.49	0.36	0.28	0.05	0.15	0.4	-0.79	0.41	0.5
Total Current Assets	0.34	0.31	0.58	0.49	-0.42	-0.49	0.28	0.67	0.47	-0.27	0.96	0.21	0.24	-0.1	0.29	0.28		-0.31	0.51	0.17	-0.23	0.33	0.18	-0.09	0.0	0.33
Short Long Term Debt Total	0.45	0.35	0.23	0.38	0.73	-0.35	-0.2	-0.1	0.37	-0.27	-0.26	-0.06	0.21	-0.19	0.68	0.49	-0.31		0.21	0.23	0.26	-0.06	0.62	-0.58	0.27	0.34
Other Current Liab	0.4	0.54	0.59	0.56	-0.18	-0.53	-0.12	0.61	0.58	-0.14	0.57	0.21	0.3	0.15	0.54	0.36	0.51	0.21		-0.18	-0.43	0.23	0.55	-0.23	-0.09	0.31
Current Deferred Revenue	0.3	-0.06	0.33	0.36	0.37	-0.21	0.28	-0.23	0.34	-0.38	0.07	0.14	-0.31	0.16	0.32	0.28	0.17	0.23	-0.18		0.34	0.36	0.34	-0.47	0.09	0.11
Short Term Debt	0.04	-0.29	-0.35	-0.31	0.28	0.45	-0.31	-0.48	-0.33	-0.31	-0.25	0.15	-0.25	-0.24	-0.22	0.05	-0.23	0.26	-0.43	0.34		0.29	-0.25	-0.03	0.07	-0.53
Other Current Assets	0.24	0.05	0.32	0.22	-0.03	-0.07	0.05	-0.16	0.25	-0.42	0.2	0.46	-0.12	0.31	-0.03	0.15	0.33	-0.06	0.23	0.36	0.29		0.29	-0.23	-0.26	-0.37
Non Current Liabilities Total	0.42	0.31	0.65	0.71	0.41	-0.64	-0.07	0.24	0.73	-0.12	0.14	0.07	0.09	0.19	0.82	0.4	0.18	0.62	0.55	0.34	-0.25	0.29		-0.55	0.0	0.45
Short Term Investments	-0.8	-0.31	-0.44	-0.48	-0.23	0.53	-0.13	-0.18	-0.49	0.64	-0.08	0.11	-0.45	-0.21	-0.5	-0.79	-0.09	-0.58	-0.23	-0.47	-0.03	-0.23	-0.55		-0.46	-0.47
Inventory	0.38	0.32	0.18	0.24	0.22	-0.41	0.35	0.08	0.22	-0.19	-0.06	-0.82	0.37	-0.16	0.34	0.41	0.0	0.27	-0.09	0.09	0.07	-0.26	0.0	-0.46		0.58
Common Stock	0.47	0.63	0.65	0.72	0.26	-0.87	0.49	0.46	0.7	-0.11	0.35	-0.43	0.51	-0.15	0.76	0.5	0.33	0.34	0.31	0.11	-0.53	-0.37	0.45	-0.47	0.58

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Laramide Resources Account Relationship Matchups

Laramide Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	92.2M	96.6M	99.9M	109.6M	117.8M	68.6M
Total Current Liabilities	5.0M	7.9M	8.9K	5.2M	10.6M	11.1M
Total Stockholder Equity	76.9M	78.7M	52.8K	96.6M	102.3M	55.7M
Property Plant And Equipment Net	88.9M	86.8M	93.1K	98.9M	111.2M	55.9M
Net Debt	7.4M	(820.4K)	(1.6K)	(4.7M)	4.6M	4.9M
Retained Earnings	(105.7M)	(114.6M)	(115.2K)	(119.9M)	(126.2M)	(119.9M)
Accounts Payable	538.0K	182.3K	1.4K	905.4K	1.9M	2.0M
Cash	91.3K	7.6M	1.6K	9.1M	1.2M	2.1M
Non Current Assets Total	90.3M	87.8M	93.1K	99.6M	111.7M	59.6M
Non Currrent Assets Other	465.6K	463.6K	(93.1K)	483.6K	435.3K	413.5K
Cash And Short Term Investments	1.5M	8.5M	5.8K	9.6M	5.5M	4.8M
Net Receivables	66.3K	106.2K	134.3K	146.0K	131.4K	177.7K
Common Stock Shares Outstanding	164.7M	176.5M	206.8M	228.8M	249.4M	261.9M
Liabilities And Stockholders Equity	92.2M	96.6M	99.9M	109.6M	117.8M	68.6M
Other Stockholder Equity	33.2M	30.0M	(52.8K)	30.6M	9.2M	8.7M
Total Liab	15.3M	17.8M	12.7K	13.0M	15.5M	9.0M
Property Plant And Equipment Gross	88.9M	90.2M	96.7M	102.1M	114.6M	59.9M
Total Current Assets	1.8M	8.8M	6.3K	10.0M	6.1M	5.2M
Short Long Term Debt Total	7.4M	6.8M	6.0M	4.3M	5.0M	4.9M
Other Current Liab	3.3M	7.2M	7.5K	4.1M	4.0M	2.8M
Current Deferred Revenue	549.7K	211.3K	191.6K	(905.45)	(1.0K)	(989.2)
Accumulated Other Comprehensive Income	6.1M	2.5M	2.9M	1.5M	1.7M	1.8M
Short Term Debt	3.7M	1.1M	575.3K	6.0M	156.1K	0.0
Other Current Assets	200.2K	178.6K	201.6K	266.0K	239.4K	431.5K
Non Current Liabilities Total	10.4M	9.9M	(1.4K)	7.8M	4.9M	6.5M
Short Term Investments	1.5M	839.9K	4.2K	572.4K	4.3M	2.8M
Common Stock	143.2M	159.2M	168.0K	184.5M	184.9M	133.7M
Other Liab	3.6M	4.0M	3.7M	3.8M	4.4M	3.7M
Net Tangible Assets	71.6M	76.9M	78.7M	87.2M	100.2M	80.8M
Other Assets	465.6K	463.6K	495.26	483.6K	526.2K	685.2K
Long Term Debt	6.0M	6.2M	6.2M	4.2M	1.5M	1.4M
Short Long Term Debt	1.1M	575.3K	6.0M	156.1K	4.4M	2.5M
Property Plant Equipment	88.9M	86.8M	93.1M	98.9M	111.2M	94.1M
Long Term Investments	964.5K	548K	0.0	175.1K	157.6K	149.7K
Long Term Debt Total	6.4M	6.2M	0.0	90.5K	1.5M	1.4M
Capital Surpluse	29.1M	30.0M	30.7M	30.6M	34.4M	32.4M
Net Invested Capital	84.3M	85.5M	93.2M	101.0M	108.1M	98.8M
Net Working Capital	(3.1M)	823.1K	(2.6M)	4.8M	(4.5M)	(4.7M)

Pair Trading with Laramide Resources

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 Laramide Resources 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 Laramide Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Laramide Stock

0.72	ENB-PFC	Enbridge Pref 11	Pair Corr
0.69	RY-PS	Royal Bank	Pair Corr
0.62	BMO	Bank of Montreal	Pair Corr
0.6	BMO-PE	Bank of Montreal	Pair Corr
0.6	RY	Royal Bank	Pair Corr

The ability to find closely correlated positions to Laramide Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laramide Resources 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 Laramide Resources - 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 Laramide Resources to buy it.

The correlation of Laramide Resources 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 Laramide Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laramide Resources 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 Laramide Resources 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

Other Information on Investing in Laramide Stock

Balance Sheet is a snapshot of the financial position of Laramide Resources at a specified time, usually calculated after every quarter, six months, or one year. Laramide Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Laramide Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Laramide currently owns. An asset can also be divided into two categories, current and non-current.

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Laramide Total Current Assets vs Non Current Assets Total Analysis

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Total Current Assets

Non Current Assets Total

Laramide Resources fundamental ratios Correlations

Laramide Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laramide Resources fundamental ratios Accounts

Pair Trading with Laramide Resources

Moving against Laramide Stock

Other Information on Investing in Laramide Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.96	Cash And Short Term Investments
Total Liab	+ 0.85	Property Plant And Equipment Net

Non Current Assets Total	- 0.88	Retained Earnings
Retained Earnings	- 0.88	Property Plant And Equipment Net
Common Stock	- 0.87	Retained Earnings
Retained Earnings	- 0.86	Total Stockholder Equity
Inventory	- 0.82	Net Receivables
Total Liab	- 0.82	Retained Earnings