Asiabasemetals Common Stock vs Short Long Term Debt Total Analysis
ABZ Stock | CAD 0.08 0.03 45.45% |
Asiabasemetals financial indicator trend analysis is way more than just evaluating Asiabasemetals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asiabasemetals is a good investment. Please check the relationship between Asiabasemetals Common Stock and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asiabasemetals. 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.
Common Stock vs Short Long Term Debt Total
Common Stock vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asiabasemetals Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Asiabasemetals' Common Stock and Short Long Term Debt Total is -0.82. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Asiabasemetals, assuming nothing else is changed. The correlation between historical values of Asiabasemetals' Common Stock and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Asiabasemetals are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., Asiabasemetals' Common Stock and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock
Short Long Term Debt Total
Most indicators from Asiabasemetals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asiabasemetals 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 Asiabasemetals. 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. Selling General Administrative is likely to drop to about 78.6 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
Asiabasemetals fundamental ratios Correlations
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Asiabasemetals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Asiabasemetals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 169.2K | 106.3K | 82.5K | 20.8K | 18.7K | 17.8K | |
Total Stockholder Equity | (310.3K) | (251.4K) | (91.8K) | (394.7K) | (355.2K) | (337.5K) | |
Net Debt | (116.7K) | (65.5K) | (40.2K) | (1.5K) | (1.7K) | (1.8K) | |
Retained Earnings | (5.5M) | (5.8M) | (6.1M) | (6.8M) | (6.1M) | (5.8M) | |
Cash | 116.7K | 65.5K | 40.2K | 1.5K | 1.3K | 1.3K | |
Non Current Assets Total | 23.2K | 33.2K | 21.7K | 13.5K | 12.1K | 11.5K | |
Cash And Short Term Investments | 116.7K | 65.5K | 40.2K | 1.5K | 1.3K | 1.3K | |
Common Stock Shares Outstanding | 42.1M | 44.5M | 46.8M | 49.2M | 56.6M | 29.7M | |
Liabilities And Stockholders Equity | 169.2K | 106.3K | 82.5K | 20.8K | 18.7K | 17.8K | |
Total Current Assets | 147.5K | 84.6K | 60.8K | 7.3K | 6.6K | 6.3K | |
Common Stock | 3.9M | 4.2M | 4.6M | 4.7M | 5.4M | 3.1M | |
Total Current Liabilities | 479.4K | 357.7K | 174.3K | 415.5K | 477.8K | 501.7K | |
Net Receivables | 17.0K | 14.3K | 20.7K | 5.8K | 6.7K | 10.3K | |
Other Stockholder Equity | 761.6K | 980.3K | 1.3M | 1.4M | 1.6M | 1.5M | |
Total Liab | 479.4K | 357.7K | 174.3K | 415.5K | 477.8K | 501.7K | |
Other Current Liab | 479.3K | 357.4K | 174.2K | 415.4K | 477.7K | 501.6K | |
Accounts Payable | 168.36 | 261.75 | 91.05 | 135.34 | 121.81 | 115.72 | |
Accumulated Other Comprehensive Income | 980.3K | 1.3M | 1.4M | 1.7M | 2.0M | 2.1M | |
Other Current Assets | 13.8K | 4.8K | 20.65 | 5.83 | 5.25 | 4.98 | |
Net Tangible Assets | (3.5K) | (310.3K) | (251.4K) | (91.8K) | (82.6K) | (78.5K) | |
Net Invested Capital | (310.3K) | (251.4K) | (91.8K) | (394.7K) | (355.2K) | (337.5K) | |
Net Working Capital | (331.9K) | (273.1K) | (113.5K) | (408.2K) | (367.4K) | (349.0K) | |
Capital Stock | 3.9M | 4.2M | 4.6M | 4.7M | 5.4M | 4.3M |
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