Archon Accounts Payable vs Net Working Capital Analysis

ACS Stock

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Archon Minerals financial indicator trend analysis is way more than just evaluating Archon Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Archon Minerals is a good investment. Please check the relationship between Archon Minerals Accounts Payable and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archon Minerals. 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.

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Archon Minerals Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Archon Minerals' Accounts Payable and Net Working Capital is -0.26. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Archon Minerals, assuming nothing else is changed. The correlation between historical values of Archon Minerals' Accounts Payable 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 Accounts Payable of Archon Minerals 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 Accounts Payable i.e., Archon Minerals' Accounts Payable and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Archon Minerals 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 Archon Minerals 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.

Net Working Capital

Most indicators from Archon Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Archon Minerals 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 Archon Minerals. 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 climb to about 599.1 K in 2025

Archon Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Long Term Debt	Short Term Debt	Other Current Liab	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Net Invested Capital	Net Working Capital
Total Assets		0.82	-0.89	0.97	-0.89	-0.9	0.78	0.11	-0.36	0.17	0.99	0.98	0.21	0.58	-0.53	0.87	0.89	0.89	-0.36	0.58	-0.36	-0.36	0.48	-0.51	-0.39	-0.59
Total Current Liabilities	0.82		-0.86	0.83	-0.86	-0.86	0.65	0.09	-0.25	0.18	0.81	0.86	0.21	0.59	-0.81	0.81	0.95	0.95	-0.25	0.58	-0.25	-0.25	0.43	-0.47	-0.4	-0.77
Total Stockholder Equity	-0.89	-0.86		-0.96	1.0	1.0	-0.81	-0.14	0.28	-0.18	-0.9	-0.96	-0.24	-0.46	0.61	-0.85	-0.91	-0.91	0.28	-0.47	0.28	0.28	-0.35	0.45	0.33	0.63
Other Liab	0.97	0.83	-0.96		-0.96	-0.97	0.84	0.16	-0.29	0.19	0.98	1.0	0.25	0.5	-0.52	0.88	0.9	0.91	-0.29	0.5	-0.29	-0.29	0.41	-0.44	-0.33	-0.55
Net Tangible Assets	-0.89	-0.86	1.0	-0.96		1.0	-0.81	-0.15	0.26	-0.19	-0.9	-0.95	-0.25	-0.45	0.61	-0.84	-0.9	-0.91	0.26	-0.45	0.26	0.26	-0.33	0.43	0.31	0.62
Retained Earnings	-0.9	-0.86	1.0	-0.97	1.0		-0.8	-0.15	0.24	-0.19	-0.92	-0.96	-0.26	-0.42	0.62	-0.82	-0.89	-0.89	0.24	-0.42	0.24	0.24	-0.3	0.42	0.3	0.64
Accounts Payable	0.78	0.65	-0.81	0.84	-0.81	-0.8		0.03	-0.24	0.27	0.76	0.81	0.24	0.36	-0.22	0.73	0.73	0.77	-0.24	0.36	-0.24	-0.24	0.31	-0.3	-0.19	-0.26
Cash	0.11	0.09	-0.14	0.16	-0.15	-0.15	0.03		0.1	-0.1	0.23	0.13	0.54	-0.18	-0.19	0.05	0.12	0.12	0.1	-0.18	0.1	0.1	-0.13	0.17	0.11	0.25
Other Assets	-0.36	-0.25	0.28	-0.29	0.26	0.24	-0.24	0.1		0.06	-0.28	-0.3	0.13	-0.78	0.3	-0.54	-0.47	-0.36	1.0	-0.81	1.0	1.0	-0.85	0.95	0.69	0.42
Net Receivables	0.17	0.18	-0.18	0.19	-0.19	-0.19	0.27	-0.1	0.06		0.16	0.18	0.79	0.05	-0.25	0.1	0.18	0.17	0.06	0.05	0.06	0.06	-0.03	0.07	0.03	0.05
Other Stockholder Equity	0.99	0.81	-0.9	0.98	-0.9	-0.92	0.76	0.23	-0.28	0.16		0.98	0.28	0.49	-0.55	0.83	0.88	0.88	-0.28	0.49	-0.28	-0.28	0.39	-0.43	-0.31	-0.55
Total Liab	0.98	0.86	-0.96	1.0	-0.95	-0.96	0.81	0.13	-0.3	0.18	0.98		0.23	0.53	-0.57	0.89	0.92	0.93	-0.3	0.53	-0.3	-0.3	0.42	-0.46	-0.36	-0.61
Total Current Assets	0.21	0.21	-0.24	0.25	-0.25	-0.26	0.24	0.54	0.13	0.79	0.28	0.23		-0.09	-0.33	0.11	0.22	0.21	0.13	-0.09	0.13	0.13	-0.12	0.18	0.11	0.21
Common Stock	0.58	0.59	-0.46	0.5	-0.45	-0.42	0.36	-0.18	-0.78	0.05	0.49	0.53	-0.09		-0.54	0.82	0.73	0.7	-0.78	1.0	-0.78	-0.78	0.98	-0.86	-0.76	-0.61
Property Plant Equipment	-0.53	-0.81	0.61	-0.52	0.61	0.62	-0.22	-0.19	0.3	-0.25	-0.55	-0.57	-0.33	-0.54		-0.58	-0.76	-0.69	0.3	-0.54	0.3	0.3	-0.39	0.51	0.33	0.75
Long Term Debt	0.87	0.81	-0.85	0.88	-0.84	-0.82	0.73	0.05	-0.54	0.1	0.83	0.89	0.11	0.82	-0.58		0.94	0.95	-0.54	0.82	-0.54	-0.54	0.76	-0.67	-0.59	-0.61
Short Long Term Debt	0.89	0.95	-0.91	0.9	-0.9	-0.89	0.73	0.12	-0.47	0.18	0.88	0.92	0.22	0.73	-0.76	0.94		0.98	-0.47	0.73	-0.47	-0.47	0.62	-0.64	-0.5	-0.72
Short Term Debt	0.89	0.95	-0.91	0.91	-0.91	-0.89	0.77	0.12	-0.36	0.17	0.88	0.93	0.21	0.7	-0.69	0.95	0.98		-0.36	0.69	-0.36	-0.36	0.58	-0.54	-0.46	-0.65
Other Current Liab	-0.36	-0.25	0.28	-0.29	0.26	0.24	-0.24	0.1	1.0	0.06	-0.28	-0.3	0.13	-0.78	0.3	-0.54	-0.47	-0.36		-0.81	1.0	1.0	-0.85	0.95	0.69	0.42
Net Debt	0.58	0.58	-0.47	0.5	-0.45	-0.42	0.36	-0.18	-0.81	0.05	0.49	0.53	-0.09	1.0	-0.54	0.82	0.73	0.69	-0.81		-0.81	-0.81	0.98	-0.89	-0.76	-0.62
Non Current Assets Total	-0.36	-0.25	0.28	-0.29	0.26	0.24	-0.24	0.1	1.0	0.06	-0.28	-0.3	0.13	-0.78	0.3	-0.54	-0.47	-0.36	1.0	-0.81		1.0	-0.85	0.95	0.69	0.42
Non Currrent Assets Other	-0.36	-0.25	0.28	-0.29	0.26	0.24	-0.24	0.1	1.0	0.06	-0.28	-0.3	0.13	-0.78	0.3	-0.54	-0.47	-0.36	1.0	-0.81	1.0		-0.85	0.95	0.69	0.42
Common Stock Shares Outstanding	0.48	0.43	-0.35	0.41	-0.33	-0.3	0.31	-0.13	-0.85	-0.03	0.39	0.42	-0.12	0.98	-0.39	0.76	0.62	0.58	-0.85	0.98	-0.85	-0.85		-0.86	-0.77	-0.47
Non Current Liabilities Total	-0.51	-0.47	0.45	-0.44	0.43	0.42	-0.3	0.17	0.95	0.07	-0.43	-0.46	0.18	-0.86	0.51	-0.67	-0.64	-0.54	0.95	-0.89	0.95	0.95	-0.86		0.71	0.66
Net Invested Capital	-0.39	-0.4	0.33	-0.33	0.31	0.3	-0.19	0.11	0.69	0.03	-0.31	-0.36	0.11	-0.76	0.33	-0.59	-0.5	-0.46	0.69	-0.76	0.69	0.69	-0.77	0.71		0.61
Net Working Capital	-0.59	-0.77	0.63	-0.55	0.62	0.64	-0.26	0.25	0.42	0.05	-0.55	-0.61	0.21	-0.61	0.75	-0.61	-0.72	-0.65	0.42	-0.62	0.42	0.42	-0.47	0.66	0.61

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Archon Minerals Account Relationship Matchups

Archon Minerals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	65.4M	65.4M	65.4M	65.4M	75.2M	68.8M
Total Current Liabilities	11.1M	11.6M	12.1M	12.7M	14.6M	8.6M
Total Stockholder Equity	(363.2K)	(929.4K)	(1.5M)	(2.1M)	(1.9M)	(1.8M)
Other Liab	54.6M	54.6M	54.7M	54.7M	62.9M	56.4M
Net Tangible Assets	215.5K	(363.2K)	(929.4K)	(1.5M)	(1.3M)	(1.3M)
Retained Earnings	(25.5M)	(26.0M)	(26.6M)	(27.8M)	(25.0M)	(26.3M)
Accounts Payable	51.4K	48.3K	48.8K	58.3K	67.0K	61.3K
Cash	96.0	38.0	16.0	53.0	47.7	45.32
Net Receivables	13.5K	14.8K	16.0K	17.6K	20.3K	19.3K
Total Liab	65.7M	66.3M	66.9M	67.4M	77.5M	66.7M
Total Current Assets	13.6K	23.2K	16.0K	17.7K	15.9K	15.1K
Net Debt	8.0M	8.0M	8.0M	8.0M	9.2M	8.8M
Non Current Liabilities Total	54.6M	54.7M	54.7M	54.7M	49.3M	44.2M
Net Invested Capital	7.6M	7.1M	6.5M	5.9M	5.3M	5.7M
Net Working Capital	(11.1M)	(11.6M)	(12.1M)	(12.7M)	(11.4M)	(12.0M)

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