Amarc Days Sales Outstanding vs Pb Ratio Analysis
AHR Stock | CAD 0.21 0.02 10.53% |
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 Days Sales Outstanding and its Pb Ratio 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.
Days Sales Outstanding vs Pb Ratio
Days Sales Outstanding vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarc Resources Days Sales Outstanding account and Pb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Amarc Resources' Days Sales Outstanding and Pb Ratio is 0.07. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Pb Ratio 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' Days Sales Outstanding and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Amarc Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Days Sales Outstanding i.e., Amarc Resources' Days Sales Outstanding and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Days Sales Outstanding
Pb Ratio
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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