Ajax Common Stock Shares Outstanding vs Net Invested Capital Analysis

AJAX Stock

3.00 0.00 0.00%

Ajax Resources financial indicator trend analysis is way more than just evaluating Ajax Resources PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ajax Resources PLC is a good investment. Please check the relationship between Ajax Resources Common Stock Shares Outstanding and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ajax Resources PLC. 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.

Common Stock Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ajax Resources PLC Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ajax Resources' Common Stock Shares Outstanding and Net Invested Capital is -0.61. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Ajax Resources PLC, assuming nothing else is changed. The correlation between historical values of Ajax Resources' Common Stock Shares Outstanding and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Ajax Resources PLC are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Ajax Resources' Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Ajax Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ajax Resources PLC 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 Ajax Resources PLC. 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.

Selling General Administrative is likely to gain to about 436.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2010	2023	2024 (projected)
Interest Income	16.3K	138.3K	85.0K
Net Interest Income	16.3K	138.3K	85.0K

Interest Income Net Interest Income

Ajax Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Term Investments	Other Stockholder Equity	Short Long Term Debt Total	Short Term Debt
Total Assets		-0.99	-0.99	0.99	-0.65	-0.84	-0.99	0.85	0.85	0.94	-0.7	0.52	-0.99	0.99	1.0	0.96	0.99	0.96	-0.65	-0.49	-0.65	-0.65
Other Current Liab	-0.99		1.0	-0.99	0.72	0.9	1.0	-0.91	-0.91	-0.96	0.7	-0.4	1.0	-0.99	-0.99	-0.98	-0.99	-0.98	0.72	0.52	0.72	0.72
Total Current Liabilities	-0.99	1.0		-0.99	0.71	0.9	1.0	-0.91	-0.91	-0.96	0.69	-0.41	1.0	-0.99	-0.99	-0.98	-0.99	-0.98	0.71	0.52	0.71	0.71
Total Stockholder Equity	0.99	-0.99	-0.99		-0.61	-0.84	-0.98	0.87	0.87	0.97	-0.61	0.51	-0.99	1.0	0.99	0.98	1.0	0.98	-0.61	-0.4	-0.61	-0.61
Net Tangible Assets	-0.65	0.72	0.71	-0.61		0.93	0.74	-0.81	-0.81	-0.57	0.83	0.27	0.71	-0.61	-0.65	-0.65	-0.61	-0.65	1.0	0.89	1.0	1.0
Net Debt	-0.84	0.9	0.9	-0.84	0.93		0.91	-0.96	-0.96	-0.83	0.74	0.02	0.9	-0.84	-0.84	-0.88	-0.84	-0.88	0.93	0.71	0.93	0.93
Retained Earnings	-0.99	1.0	1.0	-0.98	0.74	0.91		-0.92	-0.92	-0.95	0.71	-0.38	1.0	-0.98	-0.99	-0.98	-0.98	-0.98	0.74	0.55	0.74	0.74
Cash	0.85	-0.91	-0.91	0.87	-0.81	-0.96	-0.92		1.0	0.92	-0.55	0.04	-0.91	0.88	0.85	0.94	0.87	0.94	-0.81	-0.49	-0.81	-0.81
Cash And Short Term Investments	0.85	-0.91	-0.91	0.87	-0.81	-0.96	-0.92	1.0		0.92	-0.55	0.04	-0.91	0.88	0.85	0.94	0.87	0.94	-0.81	-0.49	-0.81	-0.81
Net Receivables	0.94	-0.96	-0.96	0.97	-0.57	-0.83	-0.95	0.92	0.92		-0.45	0.42	-0.96	0.98	0.94	0.99	0.97	0.99	-0.57	-0.27	-0.57	-0.57
Common Stock Shares Outstanding	-0.7	0.7	0.69	-0.61	0.83	0.74	0.71	-0.55	-0.55	-0.45		-0.14	0.69	-0.61	-0.7	-0.55	-0.61	-0.55	0.83	0.94	0.83	0.83
Other Current Assets	0.52	-0.4	-0.41	0.51	0.27	0.02	-0.38	0.04	0.04	0.42	-0.14		-0.41	0.51	0.52	0.37	0.51	0.37	0.27	0.2	0.27	0.27
Total Liab	-0.99	1.0	1.0	-0.99	0.71	0.9	1.0	-0.91	-0.91	-0.96	0.69	-0.41		-0.99	-0.99	-0.98	-0.99	-0.98	0.71	0.52	0.71	0.71
Net Invested Capital	0.99	-0.99	-0.99	1.0	-0.61	-0.84	-0.98	0.88	0.88	0.98	-0.61	0.51	-0.99		0.99	0.98	1.0	0.98	-0.61	-0.4	-0.61	-0.61
Total Current Assets	1.0	-0.99	-0.99	0.99	-0.65	-0.84	-0.99	0.85	0.85	0.94	-0.7	0.52	-0.99	0.99		0.96	0.99	0.96	-0.65	-0.49	-0.65	-0.65
Capital Stock	0.96	-0.98	-0.98	0.98	-0.65	-0.88	-0.98	0.94	0.94	0.99	-0.55	0.37	-0.98	0.98	0.96		0.98	1.0	-0.65	-0.38	-0.65	-0.65
Net Working Capital	0.99	-0.99	-0.99	1.0	-0.61	-0.84	-0.98	0.87	0.87	0.97	-0.61	0.51	-0.99	1.0	0.99	0.98		0.98	-0.61	-0.4	-0.61	-0.61
Common Stock	0.96	-0.98	-0.98	0.98	-0.65	-0.88	-0.98	0.94	0.94	0.99	-0.55	0.37	-0.98	0.98	0.96	1.0	0.98		-0.65	-0.38	-0.65	-0.65
Short Term Investments	-0.65	0.72	0.71	-0.61	1.0	0.93	0.74	-0.81	-0.81	-0.57	0.83	0.27	0.71	-0.61	-0.65	-0.65	-0.61	-0.65		0.89	1.0	1.0
Other Stockholder Equity	-0.49	0.52	0.52	-0.4	0.89	0.71	0.55	-0.49	-0.49	-0.27	0.94	0.2	0.52	-0.4	-0.49	-0.38	-0.4	-0.38	0.89		0.89	0.89
Short Long Term Debt Total	-0.65	0.72	0.71	-0.61	1.0	0.93	0.74	-0.81	-0.81	-0.57	0.83	0.27	0.71	-0.61	-0.65	-0.65	-0.61	-0.65	1.0	0.89		1.0
Short Term Debt	-0.65	0.72	0.71	-0.61	1.0	0.93	0.74	-0.81	-0.81	-0.57	0.83	0.27	0.71	-0.61	-0.65	-0.65	-0.61	-0.65	1.0	0.89	1.0

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Ajax Resources Account Relationship Matchups

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Ajax Common Stock Shares Outstanding vs Net Invested Capital Analysis

Common Stock Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Net Invested Capital

Ajax Resources fundamental ratios Correlations

Ajax Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Retained Earnings	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Retained Earnings	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Net Working Capital	- 0.99	Total Liab
Total Current Assets	- 0.99	Total Liab
Net Invested Capital	- 0.99	Total Liab
Total Current Assets	- 0.99	Retained Earnings
Total Liab	- 0.99	Total Stockholder Equity
Net Working Capital	- 0.99	Total Current Liabilities