Azincourt Property Plant And Equipment Net vs Net Debt 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 Property Plant And Equipment Net and its Net Debt 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Azincourt Uranium's Property Plant And Equipment Net and Net Debt is -0.55. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Azincourt Uranium are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Azincourt Uranium's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
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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