Amarc Cash vs Other Stockholder Equity Analysis
AHR Stock | CAD 0.20 0.01 4.76% |
Amarc Resources financial indicator trend analysis is way more than just evaluating Amarc Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amarc Resources is a good investment. Please check the relationship between Amarc Resources Cash and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarc 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.
Cash vs Other Stockholder Equity
Cash vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarc Resources Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Amarc Resources' Cash and Other Stockholder Equity is 0.23. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Amarc Resources, assuming nothing else is changed. The correlation between historical values of Amarc Resources' Cash and Other 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 Cash of Amarc Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Amarc Resources' Cash and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Amarc Resources, which is listed under current asset account on Amarc Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Amarc Resources customers. The amounts must be unrestricted with restricted cash listed in a different Amarc Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Stockholder Equity
Most indicators from Amarc Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amarc 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 Amarc 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. Issuance Of Capital Stock is likely to climb to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 961.5 K in 2024.
Amarc Resources fundamental ratios Correlations
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Amarc Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amarc Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 529.1K | 1.6M | 991.8K | 6.1M | 9.8M | 10.3M | |
Total Current Liabilities | 992.1K | 963.4K | 902.7K | 5.9M | 7.2M | 7.6M | |
Total Stockholder Equity | (975.1K) | 26.9K | (628.4K) | (465.4K) | 1.8M | 3.2M | |
Net Debt | 562.9K | 261.9K | 363.9K | (4.4M) | (8.2M) | (8.6M) | |
Retained Earnings | (70.9M) | (69.6M) | (70.0M) | (70.0M) | (70.0M) | (73.5M) | |
Accounts Payable | 100.1K | 51.9K | 175.9K | 944.4K | 842.8K | 885.0K | |
Cash | 249.2K | 308.1K | 370.8K | 5.1M | 9.0M | 9.5M | |
Non Current Assets Total | 178.1K | 178.5K | 260.9K | 602.0K | 576.9K | 378.2K | |
Non Currrent Assets Other | 178.1K | 178.5K | 178.6K | 539.8K | (1.0) | (0.95) | |
Cash And Short Term Investments | 267.5K | 1.3M | 682.1K | 5.3M | 9.0M | 9.5M | |
Net Receivables | 16.9K | 26.9K | 25.4K | 199.2K | 158.2K | 150.3K | |
Common Stock Shares Outstanding | 171.8M | 178.7M | 181.5M | 186.6M | 195.0M | 121.3M | |
Liabilities And Stockholders Equity | 529.1K | 1.6M | 991.8K | 6.1M | 9.8M | 10.3M | |
Other Stockholder Equity | 5.1M | 5.6M | 4.9M | 4.1M | 3.7M | 3.5M | |
Total Liab | 1.5M | 1.5M | 1.6M | 6.6M | 8.0M | 8.4M | |
Total Current Assets | 350.9K | 1.4M | 730.9K | 5.5M | 9.3M | 9.7M | |
Other Current Liab | 592.0K | 911.5K | 709.7K | 4.9M | 7.2M | 7.5M | |
Short Term Investments | 18.4K | 1.0M | 311.3K | 139.3K | 41.6K | 39.5K | |
Accumulated Other Comprehensive Income | 5.6M | 4.9M | 4.1M | 4.3M | 4.6M | 4.1M | |
Short Long Term Debt Total | 812.1K | 570K | 734.7K | 720.9K | 837.2K | 848.5K | |
Short Term Debt | 893.8K | 300K | 17.1K | 20.7K | 23.4K | 22.3K | |
Common Stock | 64.0M | 64.3M | 64.7M | 65.2M | 67.2M | 63.7M | |
Net Tangible Assets | (542.9K) | (975.1K) | 26.9K | (628.4K) | (565.6K) | (537.3K) | |
Other Assets | 178.1K | 178.5K | 178.6K | 1.0 | 0.9 | 0.86 | |
Non Current Liabilities Total | 512.1K | 570K | 717.5K | 700.2K | 813.7K | 641.9K | |
Net Invested Capital | (163.0K) | 561.2K | 16.2K | 182.6K | 2.6M | 2.7M | |
Net Working Capital | (641.1K) | 418.4K | (171.8K) | (367.3K) | 2.1M | 2.2M |
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Additional Tools for Amarc Stock Analysis
When running Amarc Resources' price analysis, check to measure Amarc 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 Amarc Resources is operating at the current time. Most of Amarc Resources' value examination focuses on studying past and present price action to predict the probability of Amarc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarc Resources' price. Additionally, you may evaluate how the addition of Amarc Resources to your portfolios can decrease your overall portfolio volatility.