Azincourt Net Debt vs Net Working Capital Analysis

AAZ Stock

CAD 0.01 0.01 33.33%

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 Net Debt and its Net Working Capital 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.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Azincourt Uranium's Net Debt and Net Working Capital is -0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital 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 Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Azincourt Uranium are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Azincourt Uranium's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

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

	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		-0.14	0.21	0.97	0.68	-0.91	-0.71	0.92	0.68	0.63	0.96	0.67	0.71	0.21	0.96	0.59	0.64	0.33	0.74	0.79	-0.14	0.82	0.95	0.93	0.8
Other Current Liab	-0.14		0.49	-0.26	-0.44	0.12	0.4	-0.12	-0.44	-0.48	0.01	-0.33	-0.25	0.49	0.01	-0.12	-0.03	0.48	-0.38	-0.31	0.73	-0.48	-0.25	-0.2	-0.29
Total Current Liabilities	0.21	0.49		-0.02	-0.1	-0.06	0.1	0.06	-0.1	-0.18	0.33	-0.1	0.01	1.0	0.32	-0.07	0.17	0.19	-0.1	-0.06	0.31	-0.14	0.0	0.02	-0.07
Total Stockholder Equity	0.97	-0.26	-0.02		0.72	-0.92	-0.75	0.93	0.72	0.69	0.9	0.7	0.72	-0.02	0.9	0.62	0.62	0.29	0.77	0.82	-0.22	0.87	0.97	0.94	0.83
Property Plant And Equipment Net	0.68	-0.44	-0.1	0.72		-0.55	-0.93	0.56	1.0	0.88	0.5	0.91	0.86	-0.1	0.5	0.18	0.36	-0.01	0.95	0.93	-0.53	0.88	0.72	0.6	0.83
Net Debt	-0.91	0.12	-0.06	-0.92	-0.55		0.54	-1.0	-0.55	-0.52	-0.93	-0.52	-0.57	-0.06	-0.92	-0.51	-0.84	-0.48	-0.6	-0.7	0.15	-0.7	-0.93	-0.95	-0.63
Retained Earnings	-0.71	0.4	0.1	-0.75	-0.93	0.54		-0.55	-0.93	-0.8	-0.55	-0.97	-0.94	0.1	-0.55	-0.35	-0.24	0.09	-0.98	-0.95	0.37	-0.82	-0.76	-0.65	-0.94
Cash	0.92	-0.12	0.06	0.93	0.56	-1.0	-0.55		0.56	0.53	0.93	0.52	0.57	0.06	0.92	0.51	0.84	0.47	0.61	0.7	-0.15	0.72	0.94	0.94	0.66
Non Current Assets Total	0.68	-0.44	-0.1	0.72	1.0	-0.55	-0.93	0.56		0.88	0.5	0.91	0.86	-0.1	0.5	0.18	0.36	-0.01	0.95	0.93	-0.53	0.88	0.72	0.6	0.83
Non Currrent Assets Other	0.63	-0.48	-0.18	0.69	0.88	-0.52	-0.8	0.53	0.88		0.46	0.74	0.67	-0.18	0.46	0.23	0.3	0.03	0.82	0.77	-0.51	0.89	0.65	0.56	0.68
Cash And Short Term Investments	0.96	0.01	0.33	0.9	0.5	-0.93	-0.55	0.93	0.5	0.46		0.53	0.61	0.33	1.0	0.64	0.69	0.44	0.59	0.68	0.03	0.64	0.92	0.94	0.66
Common Stock Shares Outstanding	0.67	-0.33	-0.1	0.7	0.91	-0.52	-0.97	0.52	0.91	0.74	0.53		0.97	-0.1	0.53	0.35	0.23	0.0	0.99	0.97	-0.26	0.74	0.75	0.64	0.93
Other Stockholder Equity	0.71	-0.25	0.01	0.72	0.86	-0.57	-0.94	0.57	0.86	0.67	0.61	0.97		0.01	0.6	0.38	0.3	-0.01	0.95	0.95	-0.23	0.68	0.79	0.69	0.92
Total Liab	0.21	0.49	1.0	-0.02	-0.1	-0.06	0.1	0.06	-0.1	-0.18	0.33	-0.1	0.01		0.32	-0.07	0.17	0.19	-0.1	-0.06	0.31	-0.14	0.0	0.02	-0.07
Total Current Assets	0.96	0.01	0.32	0.9	0.5	-0.92	-0.55	0.92	0.5	0.46	1.0	0.53	0.6	0.32		0.67	0.67	0.44	0.59	0.67	0.05	0.63	0.92	0.94	0.66
Net Receivables	0.59	-0.12	-0.07	0.62	0.18	-0.51	-0.35	0.51	0.18	0.23	0.64	0.35	0.38	-0.07	0.67		0.02	0.13	0.36	0.37	0.25	0.31	0.64	0.72	0.44
Accounts Payable	0.64	-0.03	0.17	0.62	0.36	-0.84	-0.24	0.84	0.36	0.3	0.69	0.23	0.3	0.17	0.67	0.02		0.51	0.32	0.44	-0.25	0.48	0.64	0.66	0.33
Other Current Assets	0.33	0.48	0.19	0.29	-0.01	-0.48	0.09	0.47	-0.01	0.03	0.44	0.0	-0.01	0.19	0.44	0.13	0.51		0.03	0.16	0.54	0.11	0.32	0.36	0.05
Common Stock	0.74	-0.38	-0.1	0.77	0.95	-0.6	-0.98	0.61	0.95	0.82	0.59	0.99	0.95	-0.1	0.59	0.36	0.32	0.03		0.98	-0.35	0.83	0.81	0.7	0.92
Net Tangible Assets	0.79	-0.31	-0.06	0.82	0.93	-0.7	-0.95	0.7	0.93	0.77	0.68	0.97	0.95	-0.06	0.67	0.37	0.44	0.16	0.98		-0.28	0.82	0.86	0.77	0.93
Short Term Investments	-0.14	0.73	0.31	-0.22	-0.53	0.15	0.37	-0.15	-0.53	-0.51	0.03	-0.26	-0.23	0.31	0.05	0.25	-0.25	0.54	-0.35	-0.28		-0.51	-0.16	-0.09	-0.2
Property Plant Equipment	0.82	-0.48	-0.14	0.87	0.88	-0.7	-0.82	0.72	0.88	0.89	0.64	0.74	0.68	-0.14	0.63	0.31	0.48	0.11	0.83	0.82	-0.51		0.8	0.7	0.81
Net Invested Capital	0.95	-0.25	0.0	0.97	0.72	-0.93	-0.76	0.94	0.72	0.65	0.92	0.75	0.79	0.0	0.92	0.64	0.64	0.32	0.81	0.86	-0.16	0.8		0.98	0.84
Net Working Capital	0.93	-0.2	0.02	0.94	0.6	-0.95	-0.65	0.94	0.6	0.56	0.94	0.64	0.69	0.02	0.94	0.72	0.66	0.36	0.7	0.77	-0.09	0.7	0.98		0.72
Capital Stock	0.8	-0.29	-0.07	0.83	0.83	-0.63	-0.94	0.66	0.83	0.68	0.66	0.93	0.92	-0.07	0.66	0.44	0.33	0.05	0.92	0.93	-0.2	0.81	0.84	0.72

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Azincourt Uranium Account Relationship Matchups

Azincourt Uranium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5M	14.9M	14.5M	8.2M	9.4M	5.2M
Other Current Liab	71.2K	1.3M	181.3K	313.9K	282.5K	485.2K
Total Current Liabilities	71.2K	1.3M	181.3K	313.9K	282.5K	428.9K
Total Stockholder Equity	3.4M	13.6M	14.3M	7.8M	9.0M	4.6M
Property Plant And Equipment Net	2.7M	3.9M	3.4M	4.5M	5.2M	5.5M
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)
Cash	722.1K	10.5M	7.0M	2.9M	3.3M	2.2M
Non Current Assets Total	2.7M	3.9M	3.4M	4.5M	5.2M	5.5M
Cash And Short Term Investments	722.1K	10.5M	10.0M	3.5M	4.0M	2.9M
Common Stock Shares Outstanding	67.1M	116.0M	210.3M	235.3M	270.6M	284.1M
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	71.2K	1.3M	181.3K	313.9K	282.5K	428.9K
Total Current Assets	827.2K	10.9M	11.1M	3.6M	4.2M	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	3.4M	13.6M	14.3M	7.8M	9.0M	7.8M
Net Working Capital	755.9K	9.7M	10.9M	3.3M	3.8M	4.4M
Capital Stock	13.3M	20.9M	26.6M	27.2M	31.3M	20.0M

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