Adamera Total Current Liabilities vs Accounts Payable Analysis

ADZ Stock  CAD 0.17  0.02  10.53%   
Adamera Minerals financial indicator trend analysis is way more than just evaluating Adamera Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adamera Minerals Corp is a good investment. Please check the relationship between Adamera Minerals Total Current Liabilities and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adamera Minerals Corp. 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.

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adamera Minerals Corp Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Adamera Minerals' Total Current Liabilities and Accounts Payable is 0.34. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Adamera Minerals Corp, assuming nothing else is changed. The correlation between historical values of Adamera Minerals' Total Current Liabilities 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 Total Current Liabilities of Adamera Minerals Corp 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 Total Current Liabilities i.e., Adamera Minerals' Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Adamera Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Adamera Minerals Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Adamera 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 Adamera Minerals Corp 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 Adamera Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adamera Minerals Corp 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 Adamera Minerals Corp. 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.
At this time, Adamera Minerals' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.2 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (17.6 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses763.1K1.1M706.1K935.3K
Cost Of Revenue15.0K14.8K14.6K13.6K

Adamera Minerals fundamental ratios Correlations

-0.280.490.990.960.48-0.82-0.10.090.98-0.20.170.86-0.840.780.420.90.840.70.730.960.950.580.91-0.010.75
-0.280.41-0.29-0.110.35-0.170.7-0.64-0.150.39-0.58-0.150.22-0.11-0.64-0.04-0.12-0.6-0.13-0.09-0.2-0.57-0.09-0.290.18
0.490.410.430.570.76-0.590.34-0.490.580.12-0.420.58-0.40.72-0.220.440.490.260.420.530.420.240.53-0.030.51
0.99-0.290.430.960.44-0.81-0.090.10.97-0.210.180.83-0.830.710.420.910.80.690.720.960.960.550.9-0.050.75
0.96-0.110.570.960.63-0.86-0.03-0.180.99-0.24-0.110.8-0.840.690.150.880.720.650.610.960.950.530.84-0.230.72
0.480.350.760.440.63-0.620.08-0.760.63-0.28-0.70.56-0.570.62-0.480.480.520.260.10.540.460.340.43-0.430.44
-0.82-0.17-0.59-0.81-0.86-0.62-0.240.24-0.850.130.1-0.820.8-0.61-0.11-0.93-0.74-0.41-0.57-0.94-0.8-0.38-0.80.35-0.84
-0.10.70.34-0.09-0.030.08-0.24-0.25-0.060.57-0.160.080.15-0.08-0.190.20.01-0.620.150.04-0.03-0.450.09-0.150.37
0.09-0.64-0.490.1-0.18-0.760.24-0.25-0.120.140.980.030.110.00.920.010.130.180.37-0.050.00.070.130.65-0.01
0.98-0.150.580.970.990.63-0.85-0.06-0.12-0.23-0.050.83-0.840.760.210.880.790.670.640.960.950.560.87-0.140.73
-0.20.390.12-0.21-0.24-0.280.130.570.14-0.230.17-0.230.6-0.120.05-0.13-0.16-0.320.19-0.18-0.25-0.52-0.020.450.1
0.17-0.58-0.420.18-0.11-0.70.1-0.160.98-0.050.170.140.010.070.960.140.230.180.480.040.060.060.240.630.14
0.86-0.150.580.830.80.56-0.820.080.030.83-0.230.14-0.840.820.40.890.910.450.650.850.810.520.88-0.10.84
-0.840.22-0.4-0.83-0.84-0.570.80.150.11-0.840.60.01-0.84-0.63-0.23-0.84-0.73-0.56-0.55-0.85-0.84-0.53-0.780.33-0.69
0.78-0.110.720.710.690.62-0.61-0.080.00.76-0.120.070.82-0.630.320.630.890.60.610.70.610.560.760.260.6
0.42-0.64-0.220.420.15-0.48-0.11-0.190.920.210.050.960.4-0.230.320.360.460.350.610.280.310.260.460.570.32
0.9-0.040.440.910.880.48-0.930.20.010.88-0.130.140.89-0.840.630.360.830.420.710.950.890.370.91-0.220.92
0.84-0.120.490.80.720.52-0.740.010.130.79-0.160.230.91-0.730.890.460.830.450.650.790.720.480.860.110.79
0.7-0.60.260.690.650.26-0.41-0.620.180.67-0.320.180.45-0.560.60.350.420.450.450.60.540.730.490.230.19
0.73-0.130.420.720.610.1-0.570.150.370.640.190.480.65-0.550.610.610.710.650.450.680.630.10.860.430.75
0.96-0.090.530.960.960.54-0.940.04-0.050.96-0.180.040.85-0.850.70.280.950.790.60.680.940.50.89-0.20.81
0.95-0.20.420.960.950.46-0.8-0.030.00.95-0.250.060.81-0.840.610.310.890.720.540.630.940.440.87-0.230.76
0.58-0.570.240.550.530.34-0.38-0.450.070.56-0.520.060.52-0.530.560.260.370.480.730.10.50.440.26-0.030.05
0.91-0.090.530.90.840.43-0.80.090.130.87-0.020.240.88-0.780.760.460.910.860.490.860.890.870.260.070.92
-0.01-0.29-0.03-0.05-0.23-0.430.35-0.150.65-0.140.450.63-0.10.330.260.57-0.220.110.230.43-0.2-0.23-0.030.07-0.13
0.750.180.510.750.720.44-0.840.37-0.010.730.10.140.84-0.690.60.320.920.790.190.750.810.760.050.92-0.13
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Adamera Minerals Account Relationship Matchups

Adamera Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6M7.9M9.4M9.4M8.7M5.6M
Other Current Liab69.3K69.7K69.9K93.7K539.4K566.4K
Total Current Liabilities741.7K670.4K733.7K669.9K822.4K679.7K
Total Stockholder Equity4.8M6.2M7.9M8.2M7.7M4.7M
Property Plant And Equipment Net5.0M5.4M5.9M7.3M7.4M4.3M
Net Debt47.4K617.7K(732.1K)87.8K222.4K233.6K
Retained Earnings(30.1M)(30.4M)(30.9M)(32.0M)(33.4M)(35.1M)
Accounts Payable144.1K61.2K170.1K80.8K309.2K324.6K
Cash158.4K644.7K1.8M699.0K260.4K247.4K
Non Current Assets Total5.0M6.7M7.0M8.2M8.0M4.7M
Non Currrent Assets Other(180.0K)(123.2K)(130.5K)57.7K51.9K54.5K
Cash And Short Term Investments158.4K644.7K1.9M794.0K335.4K635.4K
Net Receivables313.9K465.9K410.8K367.3K427.2K448.5K
Liabilities And Stockholders Equity5.6M7.9M9.4M9.4M8.7M5.6M
Other Stockholder Equity1.4M1.6M1.9M2.2M1.9M1.8M
Total Liab741.7K1.7M1.5M1.2M1.0M909.1K
Total Current Assets563.7K1.2M2.4M1.2M773.3K876.3K
Accumulated Other Comprehensive Income1.4M1.6M1.9M2.2M2.3M1.2M
Net Tangible Assets4.8M6.2M7.9M8.2M9.4M9.9M
Other Assets123.2K1.6M1.2M879.8K1.0M1.1M
Common Stock Shares Outstanding144.5M163.2M197.7M210.5M22.9M21.7M
Common Stock33.6M35.0M36.9M38.1M38.8M35.9M
Property Plant Equipment4.9M5.2M5.8M7.3M8.4M4.2M
Other Current Assets91.4K110.2K58.8K26.5K10.7K10.2K
Net Invested Capital4.9M6.3M8.0M8.2M7.7M6.9M
Net Working Capital(178.0K)550.4K1.7M517.9K(49.1K)(46.6K)
Capital Stock33.6M35.0M36.9M38.1M38.8M39.5M

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When running Adamera Minerals' price analysis, check to measure Adamera 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 Adamera Minerals is operating at the current time. Most of Adamera Minerals' value examination focuses on studying past and present price action to predict the probability of Adamera Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adamera Minerals' price. Additionally, you may evaluate how the addition of Adamera Minerals to your portfolios can decrease your overall portfolio volatility.