Ajax Net Working Capital vs Other Stockholder Equity 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 Net Working Capital and its Other Stockholder Equity 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.

Net Working Capital vs Other Stockholder Equity

Net Working Capital vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ajax Resources PLC Net Working Capital account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ajax Resources' Net Working Capital and Other Stockholder Equity is -0.4. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Stockholder Equity 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' Net Working Capital 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 Net Working Capital of Ajax Resources PLC 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 Net Working Capital i.e., Ajax Resources' Net Working Capital and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Working Capital

Other Stockholder Equity

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 Net Working Capital vs Other Stockholder Equity Analysis

Net Working Capital vs Other Stockholder Equity

Net Working Capital vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Working Capital

Other Stockholder Equity

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