Anfield Accounts Payable vs Total Stockholder Equity Analysis

AEC Stock  CAD 0.09  0.01  10.00%   
Anfield Resources financial indicator trend analysis is way more than just evaluating Anfield Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anfield Resources is a good investment. Please check the relationship between Anfield Resources Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anfield Resources. 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 Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anfield Resources Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anfield Resources' Accounts Payable and Total Stockholder Equity is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Anfield Resources, assuming nothing else is changed. The correlation between historical values of Anfield Resources' Accounts Payable and Total Stockholder Equity 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 Anfield Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Anfield Resources' Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Anfield Resources 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 Anfield Resources 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Anfield Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anfield Resources 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 Anfield Resources. 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, Anfield Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 7.6 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (6.29).

Anfield Resources fundamental ratios Correlations

0.00.790.08-0.680.640.860.950.150.420.80.870.00.971.00.590.25-0.10.83-0.79-0.910.420.860.8-0.590.79
0.0-0.580.53-0.480.270.11-0.17-0.350.840.17-0.031.0-0.14-0.020.340.170.63-0.06-0.030.1-0.47-0.030.1-0.520.43
0.79-0.58-0.21-0.180.340.620.860.21-0.230.510.7-0.580.840.790.220.17-0.480.72-0.59-0.780.650.70.64-0.080.39
0.080.53-0.21-0.220.450.340.0-0.170.430.380.310.55-0.020.050.21-0.010.19-0.06-0.370.0-0.030.310.14-0.20.2
-0.68-0.48-0.18-0.22-0.76-0.76-0.640.03-0.81-0.78-0.71-0.48-0.52-0.66-0.72-0.19-0.14-0.470.740.550.04-0.71-0.580.97-0.86
0.640.270.340.45-0.760.930.65-0.080.510.970.870.290.460.60.60.13-0.160.27-0.93-0.440.420.870.7-0.640.76
0.860.110.620.34-0.760.930.87-0.020.440.980.970.120.730.830.610.23-0.20.57-0.96-0.720.470.970.82-0.650.82
0.95-0.170.860.0-0.640.650.870.080.230.790.91-0.170.910.950.50.27-0.280.83-0.83-0.910.440.910.79-0.570.76
0.15-0.350.21-0.170.03-0.08-0.020.08-0.040.050.04-0.360.250.160.24-0.24-0.08-0.01-0.04-0.110.410.04-0.020.11-0.21
0.420.84-0.230.43-0.810.510.440.23-0.040.510.340.830.30.410.640.150.530.23-0.38-0.25-0.240.340.37-0.790.67
0.80.170.510.38-0.780.970.980.790.050.510.940.190.660.770.640.17-0.150.44-0.96-0.620.480.940.77-0.660.79
0.87-0.030.70.31-0.710.870.970.910.040.340.94-0.010.760.840.560.15-0.320.62-0.98-0.740.481.00.78-0.60.77
0.01.0-0.580.55-0.480.290.12-0.17-0.360.830.19-0.01-0.14-0.020.340.150.6-0.06-0.050.1-0.46-0.010.11-0.520.44
0.97-0.140.84-0.02-0.520.460.730.910.250.30.660.76-0.140.980.510.23-0.070.83-0.66-0.920.440.760.71-0.430.64
1.0-0.020.790.05-0.660.60.830.950.160.410.770.84-0.020.980.580.25-0.090.84-0.76-0.920.410.840.79-0.570.78
0.590.340.220.21-0.720.60.610.50.240.640.640.560.340.510.580.30.130.37-0.58-0.390.190.560.57-0.630.61
0.250.170.17-0.01-0.190.130.230.27-0.240.150.170.150.150.230.250.30.220.17-0.1-0.230.080.150.41-0.230.26
-0.10.63-0.480.19-0.14-0.16-0.2-0.28-0.080.53-0.15-0.320.6-0.07-0.090.130.22-0.180.320.09-0.5-0.32-0.21-0.2-0.02
0.83-0.060.72-0.06-0.470.270.570.83-0.010.230.440.62-0.060.830.840.370.17-0.18-0.5-0.870.090.620.62-0.480.68
-0.79-0.03-0.59-0.370.74-0.93-0.96-0.83-0.04-0.38-0.96-0.98-0.05-0.66-0.76-0.58-0.10.32-0.50.62-0.48-0.98-0.750.62-0.76
-0.910.1-0.780.00.55-0.44-0.72-0.91-0.11-0.25-0.62-0.740.1-0.92-0.92-0.39-0.230.09-0.870.62-0.2-0.74-0.570.54-0.65
0.42-0.470.65-0.030.040.420.470.440.41-0.240.480.48-0.460.440.410.190.08-0.50.09-0.48-0.20.480.60.240.12
0.86-0.030.70.31-0.710.870.970.910.040.340.941.0-0.010.760.840.560.15-0.320.62-0.98-0.740.480.78-0.60.77
0.80.10.640.14-0.580.70.820.79-0.020.370.770.780.110.710.790.570.41-0.210.62-0.75-0.570.60.78-0.460.79
-0.59-0.52-0.08-0.20.97-0.64-0.65-0.570.11-0.79-0.66-0.6-0.52-0.43-0.57-0.63-0.23-0.2-0.480.620.540.24-0.6-0.46-0.81
0.790.430.390.2-0.860.760.820.76-0.210.670.790.770.440.640.780.610.26-0.020.68-0.76-0.650.120.770.79-0.81
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Anfield Resources Account Relationship Matchups

Anfield Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0M23.9M31.8M36.0M75.3M79.0M
Total Current Liabilities19.1M23.9M23.9M242.5K657.7K624.8K
Total Stockholder Equity(17.8M)(19.1M)(14.1M)14.7M49.6M52.1M
Net Debt29.4K(1.8M)18.1M(4.3M)91.9K87.3K
Retained Earnings(62.6M)(70.0M)(79.8M)(88.7M)(73.6M)(69.9M)
Cash22.5K1.8M4.8M4.3M2.6M2.7M
Cash And Short Term Investments22.5K1.8M4.9M4.4M5.0M5.3M
Common Stock Shares Outstanding66.9M106.4M249.7M516.1M994.6M1.0B
Liabilities And Stockholders Equity19.0M23.9M31.8M36.0M41.4M43.5M
Other Stockholder Equity2.8M3.2M5.1M13.0M14.9M10.1M
Total Liab36.8M43.0M45.9M21.3M25.7M18.1M
Total Current Assets82.7K2.1M5.3M4.8M4.3M4.5M
Short Long Term Debt Total109.2K52.0K25.5K23.0M26.4M27.7M
Other Current Liab18.1M21.9M23.2M197.5K227.2K215.8K
Property Plant And Equipment Net9.5M12.5M13.6M17.1M56.5M59.3M
Non Current Assets Total18.9M21.8M26.5M31.2M71.0M74.5M
Non Current Liabilities Total17.7M19.1M22.0M21.1M25.0M17.0M
Net Receivables4.2K52.6K19.6K9.1K43.5K23.6K
Accounts Payable567.1K1.2M727.7K45.0K306.8K492.1K
Accumulated Other Comprehensive Income61.4K427.5K572.0K1.2M1.0M809.2K
Non Currrent Assets Other9.4M239.3K286.1K310.8K14.4M15.1M
Current Deferred Revenue424.1K451.2K732.2K(23.0M)(20.7M)(19.6M)
Short Term Debt54.6K26.0K25.5K23.0M26.4M27.7M
Other Liab16.6M15.8M17.7M19.1M22.0M19.1M
Net Tangible Assets(12.5M)(16.8M)(17.8M)(19.1M)(17.2M)(18.1M)
Other Assets265.3K149.9K9.4M9.2M10.6M11.2M
Long Term Debt75.3K54.6K26.0K2.7M3.1M3.3M
Deferred Long Term Liab265.3K149.9K244.2K239.3K215.4K189.3K
Short Long Term Debt25.3K54.6K26.0K25.5K22.9K25.3K
Common Stock41.8M47.2M60.0M89.3M102.6M107.8M
Property Plant Equipment7.2M6.6M9.5M12.5M11.3M9.7M
Net Invested Capital(17.8M)(19.1M)(14.1M)14.7M52.3M54.9M
Net Working Capital(19.1M)(21.8M)(18.6M)4.6M3.6M3.8M
Capital Stock41.8M47.2M60.0M89.3M107.2M69.8M

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