Archon Other Current Liab vs Net Working Capital Analysis
ACS Stock | CAD 0.10 0.00 0.00% |
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 Other Current Liab 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.
Other Current Liab vs Net Working Capital
Other Current Liab 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 Other Current Liab account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Archon Minerals' Other Current Liab and Net Working Capital is 0.42. Overlapping area represents the amount of variation of Other Current Liab 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' Other Current Liab 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 Other Current Liab 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 Other Current Liab i.e., Archon Minerals' Other Current Liab and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
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
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Archon Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Archon Minerals' price analysis, check to measure Archon Minerals' 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 Archon Minerals is operating at the current time. Most of Archon Minerals' value examination focuses on studying past and present price action to predict the probability of Archon Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archon Minerals' price. Additionally, you may evaluate how the addition of Archon Minerals to your portfolios can decrease your overall portfolio volatility.