AAA Non Currrent Assets Other vs Retained Earnings Analysis

AAATECH Stock   114.89  0.60  0.52%   
AAA Technologies financial indicator trend analysis is way more than just evaluating AAA Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAA Technologies is a good investment. Please check the relationship between AAA Technologies Non Currrent Assets Other and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAA Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAA Technologies Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between AAA Technologies' Non Currrent Assets Other and Retained Earnings is 0.35. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of AAA Technologies Limited, assuming nothing else is changed. The correlation between historical values of AAA Technologies' Non Currrent Assets Other 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 Non Currrent Assets Other of AAA Technologies Limited 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 Non Currrent Assets Other i.e., AAA Technologies' Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 AAA Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAA Technologies 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 AAA Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current Selling General Administrative is estimated to decrease to about 48.1 M
 2021 2022 2023 2024 (projected)
Interest Expense1.6M52K150K142.5K
Depreciation And Amortization2.2M2.6M8.6M9.0M

AAA Technologies fundamental ratios Correlations

-0.630.420.360.990.83-0.730.920.690.830.270.740.720.770.170.510.630.41.0-0.63-0.030.890.70.510.4
-0.63-0.86-0.78-0.55-0.610.31-0.63-0.28-0.61-0.27-0.71-0.52-0.76-0.3-0.37-0.16-0.77-0.631.0-0.65-0.55-0.51-0.16-0.13
0.42-0.860.970.310.43-0.260.440.220.43-0.120.350.10.750.00.420.090.950.41-0.860.790.170.120.180.25
0.36-0.780.970.250.29-0.170.320.120.29-0.240.21-0.050.77-0.120.580.151.00.36-0.780.770.08-0.060.370.32
0.99-0.550.310.250.83-0.740.920.710.830.30.740.750.70.190.450.630.290.99-0.55-0.130.910.730.480.38
0.83-0.610.430.290.83-0.770.890.741.00.220.670.690.660.280.20.190.290.81-0.610.040.780.770.080.09
-0.730.31-0.26-0.17-0.74-0.77-0.64-1.0-0.760.03-0.28-0.53-0.42-0.26-0.29-0.46-0.19-0.720.310.09-0.66-0.57-0.22-0.45
0.92-0.630.440.320.920.89-0.640.590.90.350.840.760.730.080.230.410.340.91-0.63-0.050.820.760.230.27
0.69-0.280.220.120.710.74-1.00.590.74-0.020.250.550.370.280.250.440.140.68-0.28-0.120.660.580.180.43
0.83-0.610.430.290.831.0-0.760.90.740.230.690.70.660.280.190.190.290.82-0.610.050.780.780.080.08
0.27-0.27-0.12-0.240.30.220.030.35-0.020.230.640.710.030.13-0.440.3-0.250.27-0.27-0.260.590.74-0.3-0.4
0.74-0.710.350.210.740.67-0.280.840.250.690.640.850.530.320.050.250.220.74-0.710.070.80.80.030.04
0.72-0.520.1-0.050.750.69-0.530.760.550.70.710.850.340.39-0.10.36-0.040.72-0.52-0.220.930.96-0.070.11
0.77-0.760.750.770.70.66-0.420.730.370.660.030.530.34-0.190.630.380.80.77-0.760.30.540.350.560.31
0.17-0.30.0-0.120.190.28-0.260.080.280.280.130.320.39-0.190.03-0.19-0.130.16-0.30.320.340.39-0.21-0.12
0.51-0.370.420.580.450.2-0.290.230.250.19-0.440.05-0.10.630.030.440.640.52-0.370.320.21-0.170.920.52
0.63-0.160.090.150.630.19-0.460.410.440.190.30.250.360.38-0.190.440.190.64-0.16-0.270.550.30.630.46
0.4-0.770.951.00.290.29-0.190.340.140.29-0.250.22-0.040.8-0.130.640.190.4-0.770.740.1-0.060.440.36
1.0-0.630.410.360.990.81-0.720.910.680.820.270.740.720.770.160.520.640.4-0.63-0.040.880.690.520.42
-0.631.0-0.86-0.78-0.55-0.610.31-0.63-0.28-0.61-0.27-0.71-0.52-0.76-0.3-0.37-0.16-0.77-0.63-0.65-0.55-0.51-0.16-0.13
-0.03-0.650.790.77-0.130.040.09-0.05-0.120.05-0.260.07-0.220.30.320.32-0.270.74-0.04-0.65-0.2-0.2-0.03-0.03
0.89-0.550.170.080.910.78-0.660.820.660.780.590.80.930.540.340.210.550.10.88-0.55-0.20.910.240.18
0.7-0.510.12-0.060.730.77-0.570.760.580.780.740.80.960.350.39-0.170.3-0.060.69-0.51-0.20.91-0.17-0.09
0.51-0.160.180.370.480.08-0.220.230.180.08-0.30.03-0.070.56-0.210.920.630.440.52-0.16-0.030.24-0.170.57
0.4-0.130.250.320.380.09-0.450.270.430.08-0.40.040.110.31-0.120.520.460.360.42-0.13-0.030.18-0.090.57
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AAA Technologies Account Relationship Matchups

AAA Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets142.0M260.2M278.3M276.7M293.9M206.0M
Other Current Liab35.5M19.6M27.3M22.6M14.3M19.5M
Total Current Liabilities39.6M32.8M35.9M22.6M14.3M23.7M
Total Stockholder Equity102.0M223.9M239.6M253.9M279.6M172.3M
Property Plant And Equipment Net10.6M9.6M9.3M20.1M14.1M11.6M
Net Debt(6.8M)(13.6M)(78.4M)(128.4M)(24.8M)(26.1M)
Retained Earnings71.2M52.9M68.7M82.9M108.6M61.3M
Cash6.8M13.6M78.4M128.4M24.8M36.5M
Non Current Assets Total10.7M9.7M9.4M20.2M14.6M11.8M
Cash And Short Term Investments6.8M13.6M78.4M128.4M205.1M215.3M
Net Receivables108.9M118.7M91.8M76.0M61.2M84.4M
Liabilities And Stockholders Equity142.0M260.2M278.3M276.7M293.9M206.0M
Other Current Assets12.5M206.1M168.7M52.1M13.1M12.4M
Total Liab40.0M36.3M38.7M22.9M14.3M24.5M
Total Current Assets131.4M250.5M268.9M256.5M279.3M194.2M
Intangible Assets163K113K92K88K79.2K80.0K
Non Current Liabilities Total362K3.5M2.8M254K292.1K277.5K

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Other Information on Investing in AAA Stock

Balance Sheet is a snapshot of the financial position of AAA Technologies at a specified time, usually calculated after every quarter, six months, or one year. AAA Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AAA Technologies 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 AAA currently owns. An asset can also be divided into two categories, current and non-current.