Amarc Total Assets vs Non Currrent Assets Other Analysis
AHR Stock | CAD 0.20 0.00 0.00% |
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 Total Assets and its Non Currrent Assets Other 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.
Total Assets vs Non Currrent Assets Other
Total Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarc Resources Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Amarc Resources' Total Assets and Non Currrent Assets Other is 0.47. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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' Total Assets and Non Currrent Assets Other 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 Assets of Amarc Resources are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Amarc Resources' Total Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Amarc Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amarc Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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
Click cells to compare fundamentals
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 |
Thematic Opportunities
Explore Investment Opportunities
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.