Amarc Net Income vs Sale Purchase Of Stock 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 Net Income and its Sale Purchase Of Stock 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.

Net Income vs Sale Purchase Of Stock

Net Income vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarc Resources Net Income account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Amarc Resources' Net Income and Sale Purchase Of Stock is -0.28. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock 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' Net Income and Sale Purchase Of Stock 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 of Amarc Resources are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., Amarc Resources' Net Income and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Amarc Resources financial statement analysis. It represents the amount of money remaining after all of Amarc Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Sale Purchase Of Stock

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

0.410.860.12-1.00.130.660.990.670.470.990.02-0.170.130.390.290.361.00.43-0.19-0.42-0.320.07-0.230.440.06
0.41-0.110.58-0.42-0.380.870.460.09-0.260.45-0.160.30.22-0.26-0.30.990.420.98-0.240.12-0.430.39-0.47-0.44-0.81
0.86-0.11-0.2-0.850.360.230.820.670.650.830.14-0.390.00.580.5-0.160.85-0.08-0.08-0.53-0.08-0.160.020.740.53
0.120.58-0.2-0.13-0.140.60.140.02-0.190.14-0.060.21-0.03-0.11-0.390.60.120.60.04-0.09-0.620.17-0.61-0.33-0.52
-1.0-0.42-0.85-0.13-0.12-0.67-1.0-0.65-0.45-1.00.010.16-0.13-0.38-0.23-0.37-1.0-0.440.210.410.3-0.080.22-0.45-0.05
0.13-0.380.36-0.14-0.12-0.110.060.050.150.050.81-0.91-0.910.910.18-0.420.13-0.320.34-0.64-0.1-0.960.120.730.64
0.660.870.230.6-0.67-0.110.690.23-0.060.69-0.020.090.060.1-0.240.860.680.85-0.16-0.19-0.550.22-0.5-0.16-0.59
0.990.460.820.14-1.00.060.690.640.421.0-0.05-0.120.180.330.230.420.990.48-0.25-0.35-0.30.13-0.210.38-0.01
0.670.090.670.02-0.650.050.230.640.910.64-0.130.010.220.120.520.050.620.12-0.2-0.5-0.240.11-0.20.510.27
0.47-0.260.65-0.19-0.450.15-0.060.420.910.42-0.08-0.070.170.170.62-0.30.43-0.25-0.12-0.5-0.05-0.01-0.010.60.51
0.990.450.830.14-1.00.050.691.00.640.42-0.06-0.110.190.320.220.420.990.48-0.21-0.36-0.320.14-0.240.38-0.01
0.02-0.160.14-0.060.010.81-0.02-0.05-0.13-0.08-0.06-0.77-0.810.760.23-0.220.04-0.150.23-0.450.02-0.820.110.40.38
-0.170.3-0.390.210.16-0.910.09-0.120.01-0.07-0.11-0.770.82-0.85-0.230.34-0.180.25-0.190.480.00.93-0.24-0.66-0.57
0.130.220.0-0.03-0.13-0.910.060.180.220.170.19-0.810.82-0.760.120.240.120.16-0.420.530.210.940.03-0.44-0.37
0.39-0.260.58-0.11-0.380.910.10.330.120.170.320.76-0.85-0.760.24-0.310.41-0.220.28-0.68-0.18-0.8-0.020.670.57
0.29-0.30.5-0.39-0.230.18-0.240.230.520.620.220.23-0.230.120.24-0.360.26-0.34-0.22-0.130.36-0.140.360.370.5
0.360.99-0.160.6-0.37-0.420.860.420.05-0.30.42-0.220.340.24-0.31-0.360.370.98-0.220.16-0.460.42-0.48-0.5-0.86
1.00.420.850.12-1.00.130.680.990.620.430.990.04-0.180.120.410.260.370.44-0.18-0.41-0.310.06-0.220.420.04
0.430.98-0.080.6-0.44-0.320.850.480.12-0.250.48-0.150.250.16-0.22-0.340.980.44-0.160.06-0.520.33-0.54-0.38-0.77
-0.19-0.24-0.080.040.210.34-0.16-0.25-0.2-0.12-0.210.23-0.19-0.420.28-0.22-0.22-0.18-0.16-0.47-0.43-0.31-0.360.130.18
-0.420.12-0.53-0.090.41-0.64-0.19-0.35-0.5-0.5-0.36-0.450.480.53-0.68-0.130.16-0.410.06-0.470.510.470.46-0.63-0.47
-0.32-0.43-0.08-0.620.3-0.1-0.55-0.3-0.24-0.05-0.320.020.00.21-0.180.36-0.46-0.31-0.52-0.430.510.010.850.090.34
0.070.39-0.160.17-0.08-0.960.220.130.11-0.010.14-0.820.930.94-0.8-0.140.420.060.33-0.310.470.01-0.21-0.61-0.57
-0.23-0.470.02-0.610.220.12-0.5-0.21-0.2-0.01-0.240.11-0.240.03-0.020.36-0.48-0.22-0.54-0.360.460.85-0.210.250.38
0.44-0.440.74-0.33-0.450.73-0.160.380.510.60.380.4-0.66-0.440.670.37-0.50.42-0.380.13-0.630.09-0.610.250.84
0.06-0.810.53-0.52-0.050.64-0.59-0.010.270.51-0.010.38-0.57-0.370.570.5-0.860.04-0.770.18-0.470.34-0.570.380.84
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Amarc Resources Account Relationship Matchups

Amarc Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets529.1K1.6M991.8K6.1M9.8M10.3M
Total Current Liabilities992.1K963.4K902.7K5.9M7.2M7.6M
Total Stockholder Equity(975.1K)26.9K(628.4K)(465.4K)1.8M3.2M
Net Debt562.9K261.9K363.9K(4.4M)(8.2M)(8.6M)
Retained Earnings(70.9M)(69.6M)(70.0M)(70.0M)(70.0M)(73.5M)
Accounts Payable100.1K51.9K175.9K944.4K842.8K885.0K
Cash249.2K308.1K370.8K5.1M9.0M9.5M
Non Current Assets Total178.1K178.5K260.9K602.0K576.9K378.2K
Non Currrent Assets Other178.1K178.5K178.6K539.8K(1.0)(0.95)
Cash And Short Term Investments267.5K1.3M682.1K5.3M9.0M9.5M
Net Receivables16.9K26.9K25.4K199.2K158.2K150.3K
Common Stock Shares Outstanding171.8M178.7M181.5M186.6M195.0M121.3M
Liabilities And Stockholders Equity529.1K1.6M991.8K6.1M9.8M10.3M
Other Stockholder Equity5.1M5.6M4.9M4.1M3.7M3.5M
Total Liab1.5M1.5M1.6M6.6M8.0M8.4M
Total Current Assets350.9K1.4M730.9K5.5M9.3M9.7M
Other Current Liab592.0K911.5K709.7K4.9M7.2M7.5M
Short Term Investments18.4K1.0M311.3K139.3K41.6K39.5K
Accumulated Other Comprehensive Income5.6M4.9M4.1M4.3M4.6M4.1M
Short Long Term Debt Total812.1K570K734.7K720.9K837.2K848.5K
Short Term Debt893.8K300K17.1K20.7K23.4K22.3K
Common Stock64.0M64.3M64.7M65.2M67.2M63.7M
Net Tangible Assets(542.9K)(975.1K)26.9K(628.4K)(565.6K)(537.3K)
Other Assets178.1K178.5K178.6K1.00.90.86
Non Current Liabilities Total512.1K570K717.5K700.2K813.7K641.9K
Net Invested Capital(163.0K)561.2K16.2K182.6K2.6M2.7M
Net Working Capital(641.1K)418.4K(171.8K)(367.3K)2.1M2.2M

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