Azincourt Cash vs Other Current Assets Analysis

AAZ Stock

CAD 0.01 0.01 25.00%

Azincourt Uranium financial indicator trend analysis is way more than just evaluating Azincourt Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azincourt Uranium is a good investment. Please check the relationship between Azincourt Uranium Cash and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azincourt Uranium. 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.

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

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

The correlation between Azincourt Uranium's Cash and Other Current Assets is 0.48. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Azincourt Uranium, assuming nothing else is changed. The correlation between historical values of Azincourt Uranium's Cash and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Azincourt Uranium are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Azincourt Uranium's Cash and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Azincourt Uranium, which is listed under current asset account on Azincourt Uranium balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Azincourt Uranium customers. The amounts must be unrestricted with restricted cash listed in a different Azincourt Uranium account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Azincourt Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azincourt Uranium 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 Azincourt Uranium. 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.

At this time, Azincourt Uranium's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7.3 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 1.8 M in 2025.

Azincourt Uranium fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Accounts Payable	Other Current Assets	Common Stock	Net Tangible Assets	Short Term Investments	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.16	0.21	0.97	0.65	-0.92	-0.66	0.91	0.65	0.63	0.96	0.58	0.69	0.21	0.94	0.59	0.64	0.32	0.72	0.78	-0.16	0.8	0.95	0.91	0.74
Other Current Liab	-0.16		0.49	-0.28	-0.49	0.13	0.45	-0.11	-0.49	-0.52	0.0	-0.39	-0.32	0.49	0.03	-0.1	-0.02	0.49	-0.45	-0.38	0.74	-0.51	-0.26	-0.18	-0.36
Total Current Liabilities	0.21	0.49		-0.02	-0.1	-0.06	0.09	0.06	-0.1	-0.17	0.33	-0.09	0.01	1.0	0.33	-0.07	0.17	0.19	-0.1	-0.06	0.31	-0.14	0.01	0.03	-0.07
Total Stockholder Equity	0.97	-0.28	-0.02		0.68	-0.93	-0.7	0.91	0.68	0.69	0.91	0.61	0.7	-0.02	0.88	0.62	0.62	0.28	0.75	0.8	-0.24	0.85	0.98	0.92	0.77
Property Plant And Equipment Net	0.65	-0.49	-0.1	0.68		-0.52	-0.94	0.46	1.0	0.87	0.48	0.93	0.88	-0.1	0.39	0.13	0.32	-0.05	0.96	0.94	-0.57	0.87	0.67	0.47	0.86
Net Debt	-0.92	0.13	-0.06	-0.93	-0.52		0.5	-0.99	-0.52	-0.53	-0.93	-0.45	-0.56	-0.06	-0.91	-0.5	-0.84	-0.46	-0.59	-0.68	0.16	-0.7	-0.94	-0.94	-0.6
Retained Earnings	-0.66	0.45	0.09	-0.7	-0.94	0.5		-0.44	-0.94	-0.78	-0.51	-0.96	-0.95	0.09	-0.41	-0.27	-0.2	0.14	-0.97	-0.95	0.42	-0.82	-0.69	-0.49	-0.95
Cash	0.91	-0.11	0.06	0.91	0.46	-0.99	-0.44		0.46	0.49	0.92	0.37	0.5	0.06	0.92	0.51	0.84	0.48	0.54	0.63	-0.13	0.66	0.93	0.94	0.54
Non Current Assets Total	0.65	-0.49	-0.1	0.68	1.0	-0.52	-0.94	0.46		0.87	0.48	0.93	0.88	-0.1	0.39	0.13	0.32	-0.05	0.96	0.94	-0.57	0.87	0.67	0.47	0.86
Non Currrent Assets Other	0.63	-0.52	-0.17	0.69	0.87	-0.53	-0.78	0.49	0.87		0.46	0.72	0.69	-0.17	0.41	0.22	0.29	0.0	0.83	0.78	-0.54	0.89	0.64	0.5	0.69
Cash And Short Term Investments	0.96	0.0	0.33	0.91	0.48	-0.93	-0.51	0.92	0.48	0.46		0.45	0.59	0.33	0.99	0.63	0.69	0.43	0.58	0.66	0.02	0.63	0.92	0.93	0.62
Common Stock Shares Outstanding	0.58	-0.39	-0.09	0.61	0.93	-0.45	-0.96	0.37	0.93	0.72	0.45		0.96	-0.09	0.35	0.24	0.18	-0.06	0.97	0.95	-0.34	0.72	0.64	0.44	0.93
Other Stockholder Equity	0.69	-0.32	0.01	0.7	0.88	-0.56	-0.95	0.5	0.88	0.69	0.59	0.96		0.01	0.51	0.34	0.28	-0.05	0.96	0.95	-0.3	0.7	0.75	0.58	0.94
Total Liab	0.21	0.49	1.0	-0.02	-0.1	-0.06	0.09	0.06	-0.1	-0.17	0.33	-0.09	0.01		0.33	-0.07	0.17	0.19	-0.1	-0.06	0.31	-0.14	0.01	0.03	-0.07
Total Current Assets	0.94	0.03	0.33	0.88	0.39	-0.91	-0.41	0.92	0.39	0.41	0.99	0.35	0.51	0.33		0.68	0.67	0.45	0.5	0.58	0.07	0.56	0.9	0.95	0.52
Net Receivables	0.59	-0.1	-0.07	0.62	0.13	-0.5	-0.27	0.51	0.13	0.22	0.63	0.24	0.34	-0.07	0.68		0.03	0.14	0.32	0.34	0.26	0.29	0.65	0.73	0.37
Accounts Payable	0.64	-0.02	0.17	0.62	0.32	-0.84	-0.2	0.84	0.32	0.29	0.69	0.18	0.28	0.17	0.67	0.03		0.5	0.3	0.42	-0.25	0.45	0.65	0.66	0.29
Other Current Assets	0.32	0.49	0.19	0.28	-0.05	-0.46	0.14	0.48	-0.05	0.0	0.43	-0.06	-0.05	0.19	0.45	0.14	0.5		-0.01	0.11	0.54	0.07	0.32	0.38	0.0
Common Stock	0.72	-0.45	-0.1	0.75	0.96	-0.59	-0.97	0.54	0.96	0.83	0.58	0.97	0.96	-0.1	0.5	0.32	0.3	-0.01		0.98	-0.41	0.84	0.77	0.59	0.94
Net Tangible Assets	0.78	-0.38	-0.06	0.8	0.94	-0.68	-0.95	0.63	0.94	0.78	0.66	0.95	0.95	-0.06	0.58	0.34	0.42	0.11	0.98		-0.35	0.83	0.83	0.66	0.94
Short Term Investments	-0.16	0.74	0.31	-0.24	-0.57	0.16	0.42	-0.13	-0.57	-0.54	0.02	-0.34	-0.3	0.31	0.07	0.26	-0.25	0.54	-0.41	-0.35		-0.54	-0.18	-0.07	-0.28
Property Plant Equipment	0.8	-0.51	-0.14	0.85	0.87	-0.7	-0.82	0.66	0.87	0.89	0.63	0.72	0.7	-0.14	0.56	0.29	0.45	0.07	0.84	0.83	-0.54		0.77	0.62	0.81
Net Invested Capital	0.95	-0.26	0.01	0.98	0.67	-0.94	-0.69	0.93	0.67	0.64	0.92	0.64	0.75	0.01	0.9	0.65	0.65	0.32	0.77	0.83	-0.18	0.77		0.96	0.77
Net Working Capital	0.91	-0.18	0.03	0.92	0.47	-0.94	-0.49	0.94	0.47	0.5	0.93	0.44	0.58	0.03	0.95	0.73	0.66	0.38	0.59	0.66	-0.07	0.62	0.96		0.57
Capital Stock	0.74	-0.36	-0.07	0.77	0.86	-0.6	-0.95	0.54	0.86	0.69	0.62	0.93	0.94	-0.07	0.52	0.37	0.29	0.0	0.94	0.94	-0.28	0.81	0.77	0.57

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Azincourt Uranium Account Relationship Matchups

Azincourt Uranium fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	14.9M	14.5M	8.2M	7.1M	8.2M	5.4M
Other Current Liab	1.3M	181.3K	313.9K	27.3K	24.6K	23.4K
Total Current Liabilities	1.3M	181.3K	313.9K	391.8K	352.6K	420.7K
Total Stockholder Equity	13.6M	14.3M	7.8M	6.8M	7.8M	4.8M
Property Plant And Equipment Net	3.9M	3.4M	4.5M	4.9M	5.7M	5.9M
Net Debt	(722.1K)	(10.5M)	(7.0M)	(2.9M)	(2.6M)	(2.7M)
Retained Earnings	(17.4M)	(27.1M)	(34.2M)	(36.8M)	(33.1M)	(31.5M)
Cash	10.5M	7.0M	2.9M	1.9M	2.2M	2.2M
Non Current Assets Total	3.9M	3.4M	4.5M	4.9M	5.7M	5.9M
Cash And Short Term Investments	722.1K	10.5M	10.0M	3.5M	4.0M	2.9M
Common Stock Shares Outstanding	116.0M	210.3M	235.3M	298.5M	343.3M	360.4M
Liabilities And Stockholders Equity	3.5M	14.9M	14.5M	8.2M	9.4M	5.2M
Other Stockholder Equity	3.4M	4.2M	10.1M	14.8M	17.0M	17.8M
Total Liab	1.3M	181.3K	313.9K	391.8K	352.6K	420.7K
Total Current Assets	10.9M	11.1M	3.6M	2.2M	2.6M	3.1M
Accumulated Other Comprehensive Income	4.2M	10.1M	14.8M	14.9M	17.1M	18.0M
Net Receivables	7.3K	68.5K	939.4K	38.1K	43.9K	41.7K
Accounts Payable	70.6K	29.7K	818.8K	124.2K	142.8K	170.0K
Other Current Assets	97.8K	395.5K	202.9K	116.7K	134.2K	189.8K
Common Stock	13.3M	20.9M	26.6M	27.2M	31.3M	32.9M
Net Tangible Assets	3.9M	3.4M	13.6M	14.3M	16.5M	17.3M
Property Plant Equipment	2.4M	2.7M	3.9M	3.4M	3.9M	2.4M
Net Invested Capital	13.6M	14.3M	7.8M	6.8M	7.8M	7.7M
Net Working Capital	9.7M	10.9M	3.3M	1.8M	2.1M	4.1M
Capital Stock	20.9M	26.6M	27.2M	28.2M	32.4M	21.6M

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