Arcadia Net Debt vs Non Current Assets Total Analysis
AM7 Stock | 0.02 0 8.33% |
Arcadia Minerals financial indicator trend analysis is way more than just evaluating Arcadia Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcadia Minerals is a good investment. Please check the relationship between Arcadia Minerals Net Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcadia Minerals Ltd. 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 Debt vs Non Current Assets Total
Net Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcadia Minerals Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Arcadia Minerals' Net Debt and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Arcadia Minerals Ltd, assuming nothing else is changed. The correlation between historical values of Arcadia Minerals' Net Debt and Non Current Assets Total 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 Debt of Arcadia Minerals Ltd are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Arcadia Minerals' Net Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Arcadia Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcadia Minerals 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 Arcadia Minerals Ltd. 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 drop to about 590.5 K in 2024
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 2.6M | 2.8M | 1.3M | 2.0M | Total Revenue | 14K | 45.4K | 52.2K | 54.8K |
Arcadia Minerals fundamental ratios Correlations
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Arcadia Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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