Anfield Net Income From Continuing Ops vs Interest Expense 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 Net Income From Continuing Ops and its Interest Expense 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.

Net Income From Continuing Ops vs Interest Expense

Net Income From Continuing Ops vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anfield Resources Net Income From Continuing Ops account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anfield Resources' Net Income From Continuing Ops and Interest Expense is -0.21. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Expense 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' Net Income From Continuing Ops and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Anfield Resources are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income From Continuing Ops i.e., Anfield Resources' Net Income From Continuing Ops and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Anfield Stock Analysis

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