Azincourt Other Stockholder Equity vs Accounts Payable 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 Other Stockholder Equity and its Accounts Payable 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.

The correlation between Azincourt Uranium's Other Stockholder Equity and Accounts Payable is 0.3. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable 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 Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Azincourt Uranium are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Azincourt Uranium's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Azincourt Uranium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Azincourt Uranium are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Azincourt Stock Analysis

When running Azincourt Uranium's price analysis, check to measure Azincourt Uranium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Azincourt Uranium is operating at the current time. Most of Azincourt Uranium's value examination focuses on studying past and present price action to predict the probability of Azincourt Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azincourt Uranium's price. Additionally, you may evaluate how the addition of Azincourt Uranium to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC