Azincourt Current Ratio vs Ev To Operating Cash Flow Analysis

AAZ Stock  CAD 0.01  0.01  50.00%   
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 Current Ratio and its Ev To Operating Cash Flow 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.

Current Ratio vs Ev To Operating Cash Flow

Current Ratio vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Current Ratio account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Azincourt Uranium's Current Ratio and Ev To Operating Cash Flow is 0.34. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Ev To Operating Cash Flow 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 Current Ratio and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Azincourt Uranium are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Current Ratio i.e., Azincourt Uranium's Current Ratio and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
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.
Enterprise Value is likely to climb to about 7.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

Azincourt Uranium fundamental ratios Correlations

-0.140.210.970.68-0.91-0.710.920.680.630.960.670.710.210.960.590.640.330.740.79-0.140.820.950.930.8
-0.140.49-0.26-0.440.120.4-0.12-0.44-0.480.01-0.33-0.250.490.01-0.12-0.030.48-0.38-0.310.73-0.48-0.25-0.2-0.29
0.210.49-0.02-0.1-0.060.10.06-0.1-0.180.33-0.10.011.00.32-0.070.170.19-0.1-0.060.31-0.140.00.02-0.07
0.97-0.26-0.020.72-0.92-0.750.930.720.690.90.70.72-0.020.90.620.620.290.770.82-0.220.870.970.940.83
0.68-0.44-0.10.72-0.55-0.930.561.00.880.50.910.86-0.10.50.180.36-0.010.950.93-0.530.880.720.60.83
-0.910.12-0.06-0.92-0.550.54-1.0-0.55-0.52-0.93-0.52-0.57-0.06-0.92-0.51-0.84-0.48-0.6-0.70.15-0.7-0.93-0.95-0.63
-0.710.40.1-0.75-0.930.54-0.55-0.93-0.8-0.55-0.97-0.940.1-0.55-0.35-0.240.09-0.98-0.950.37-0.82-0.76-0.65-0.94
0.92-0.120.060.930.56-1.0-0.550.560.530.930.520.570.060.920.510.840.470.610.7-0.150.720.940.940.66
0.68-0.44-0.10.721.0-0.55-0.930.560.880.50.910.86-0.10.50.180.36-0.010.950.93-0.530.880.720.60.83
0.63-0.48-0.180.690.88-0.52-0.80.530.880.460.740.67-0.180.460.230.30.030.820.77-0.510.890.650.560.68
0.960.010.330.90.5-0.93-0.550.930.50.460.530.610.331.00.640.690.440.590.680.030.640.920.940.66
0.67-0.33-0.10.70.91-0.52-0.970.520.910.740.530.97-0.10.530.350.230.00.990.97-0.260.740.750.640.93
0.71-0.250.010.720.86-0.57-0.940.570.860.670.610.970.010.60.380.3-0.010.950.95-0.230.680.790.690.92
0.210.491.0-0.02-0.1-0.060.10.06-0.1-0.180.33-0.10.010.32-0.070.170.19-0.1-0.060.31-0.140.00.02-0.07
0.960.010.320.90.5-0.92-0.550.920.50.461.00.530.60.320.670.670.440.590.670.050.630.920.940.66
0.59-0.12-0.070.620.18-0.51-0.350.510.180.230.640.350.38-0.070.670.020.130.360.370.250.310.640.720.44
0.64-0.030.170.620.36-0.84-0.240.840.360.30.690.230.30.170.670.020.510.320.44-0.250.480.640.660.33
0.330.480.190.29-0.01-0.480.090.47-0.010.030.440.0-0.010.190.440.130.510.030.160.540.110.320.360.05
0.74-0.38-0.10.770.95-0.6-0.980.610.950.820.590.990.95-0.10.590.360.320.030.98-0.350.830.810.70.92
0.79-0.31-0.060.820.93-0.7-0.950.70.930.770.680.970.95-0.060.670.370.440.160.98-0.280.820.860.770.93
-0.140.730.31-0.22-0.530.150.37-0.15-0.53-0.510.03-0.26-0.230.310.050.25-0.250.54-0.35-0.28-0.51-0.16-0.09-0.2
0.82-0.48-0.140.870.88-0.7-0.820.720.880.890.640.740.68-0.140.630.310.480.110.830.82-0.510.80.70.81
0.95-0.250.00.970.72-0.93-0.760.940.720.650.920.750.790.00.920.640.640.320.810.86-0.160.80.980.84
0.93-0.20.020.940.6-0.95-0.650.940.60.560.940.640.690.020.940.720.660.360.70.77-0.090.70.980.72
0.8-0.29-0.070.830.83-0.63-0.940.660.830.680.660.930.92-0.070.660.440.330.050.920.93-0.20.810.840.72
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Azincourt Uranium Account Relationship Matchups

Azincourt Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5M14.9M14.5M8.2M9.4M5.2M
Other Current Liab71.2K1.3M181.3K313.9K282.5K485.2K
Total Current Liabilities71.2K1.3M181.3K313.9K282.5K428.9K
Total Stockholder Equity3.4M13.6M14.3M7.8M9.0M4.6M
Property Plant And Equipment Net2.7M3.9M3.4M4.5M5.2M5.5M
Net Debt(722.1K)(10.5M)(7.0M)(2.9M)(2.6M)(2.7M)
Retained Earnings(14.1M)(17.4M)(27.1M)(34.2M)(30.8M)(29.3M)
Cash722.1K10.5M7.0M2.9M3.3M2.2M
Non Current Assets Total2.7M3.9M3.4M4.5M5.2M5.5M
Cash And Short Term Investments722.1K10.5M10.0M3.5M4.0M2.9M
Common Stock Shares Outstanding67.1M116.0M210.3M235.3M270.6M284.1M
Liabilities And Stockholders Equity3.5M14.9M14.5M8.2M9.4M5.2M
Other Stockholder Equity3.4M4.2M10.1M14.8M17.0M17.8M
Total Liab71.2K1.3M181.3K313.9K282.5K428.9K
Total Current Assets827.2K10.9M11.1M3.6M4.2M3.1M
Accumulated Other Comprehensive Income4.2M10.1M14.8M14.9M17.1M18.0M
Net Receivables7.3K68.5K939.4K38.1K43.9K41.7K
Accounts Payable70.6K29.7K818.8K124.2K142.8K170.0K
Other Current Assets97.8K395.5K202.9K116.7K134.2K189.8K
Common Stock13.3M20.9M26.6M27.2M31.3M32.9M
Net Tangible Assets3.9M3.4M13.6M14.3M16.5M17.3M
Property Plant Equipment2.4M2.7M3.9M3.4M3.9M2.4M
Net Invested Capital3.4M13.6M14.3M7.8M9.0M7.8M
Net Working Capital755.9K9.7M10.9M3.3M3.8M4.4M
Capital Stock13.3M20.9M26.6M27.2M31.3M20.0M

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