Anfield Total Current Assets vs Net Receivables 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 Total Current Assets and its Net Receivables 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.
Total Current Assets vs Net Receivables
Total Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anfield Resources Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Anfield Resources' Total Current Assets and Net Receivables is 0.17. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables 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' Total Current Assets and Net Receivables 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 Assets of Anfield Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., Anfield Resources' Total Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Receivables
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
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Anfield Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anfield Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.0M | 23.9M | 31.8M | 36.0M | 75.3M | 79.0M | |
Total Current Liabilities | 19.1M | 23.9M | 23.9M | 242.5K | 657.7K | 624.8K | |
Total Stockholder Equity | (17.8M) | (19.1M) | (14.1M) | 14.7M | 49.6M | 52.1M | |
Net Debt | 29.4K | (1.8M) | 18.1M | (4.3M) | 91.9K | 87.3K | |
Retained Earnings | (62.6M) | (70.0M) | (79.8M) | (88.7M) | (73.6M) | (69.9M) | |
Cash | 22.5K | 1.8M | 4.8M | 4.3M | 2.6M | 2.7M | |
Cash And Short Term Investments | 22.5K | 1.8M | 4.9M | 4.4M | 5.0M | 5.3M | |
Common Stock Shares Outstanding | 66.9M | 106.4M | 249.7M | 516.1M | 994.6M | 1.0B | |
Liabilities And Stockholders Equity | 19.0M | 23.9M | 31.8M | 36.0M | 41.4M | 43.5M | |
Other Stockholder Equity | 2.8M | 3.2M | 5.1M | 13.0M | 14.9M | 10.1M | |
Total Liab | 36.8M | 43.0M | 45.9M | 21.3M | 25.7M | 18.1M | |
Total Current Assets | 82.7K | 2.1M | 5.3M | 4.8M | 4.3M | 4.5M | |
Short Long Term Debt Total | 109.2K | 52.0K | 25.5K | 23.0M | 26.4M | 27.7M | |
Other Current Liab | 18.1M | 21.9M | 23.2M | 197.5K | 227.2K | 215.8K | |
Property Plant And Equipment Net | 9.5M | 12.5M | 13.6M | 17.1M | 56.5M | 59.3M | |
Non Current Assets Total | 18.9M | 21.8M | 26.5M | 31.2M | 71.0M | 74.5M | |
Non Current Liabilities Total | 17.7M | 19.1M | 22.0M | 21.1M | 25.0M | 17.0M | |
Net Receivables | 4.2K | 52.6K | 19.6K | 9.1K | 43.5K | 23.6K | |
Accounts Payable | 567.1K | 1.2M | 727.7K | 45.0K | 306.8K | 492.1K | |
Accumulated Other Comprehensive Income | 61.4K | 427.5K | 572.0K | 1.2M | 1.0M | 809.2K | |
Non Currrent Assets Other | 9.4M | 239.3K | 286.1K | 310.8K | 14.4M | 15.1M | |
Current Deferred Revenue | 424.1K | 451.2K | 732.2K | (23.0M) | (20.7M) | (19.6M) | |
Short Term Debt | 54.6K | 26.0K | 25.5K | 23.0M | 26.4M | 27.7M | |
Other Liab | 16.6M | 15.8M | 17.7M | 19.1M | 22.0M | 19.1M | |
Net Tangible Assets | (12.5M) | (16.8M) | (17.8M) | (19.1M) | (17.2M) | (18.1M) | |
Other Assets | 265.3K | 149.9K | 9.4M | 9.2M | 10.6M | 11.2M | |
Long Term Debt | 75.3K | 54.6K | 26.0K | 2.7M | 3.1M | 3.3M | |
Deferred Long Term Liab | 265.3K | 149.9K | 244.2K | 239.3K | 215.4K | 189.3K | |
Short Long Term Debt | 25.3K | 54.6K | 26.0K | 25.5K | 22.9K | 25.3K | |
Common Stock | 41.8M | 47.2M | 60.0M | 89.3M | 102.6M | 107.8M | |
Property Plant Equipment | 7.2M | 6.6M | 9.5M | 12.5M | 11.3M | 9.7M | |
Net Invested Capital | (17.8M) | (19.1M) | (14.1M) | 14.7M | 52.3M | 54.9M | |
Net Working Capital | (19.1M) | (21.8M) | (18.6M) | 4.6M | 3.6M | 3.8M | |
Capital Stock | 41.8M | 47.2M | 60.0M | 89.3M | 107.2M | 69.8M |
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