Arizona Total Current Liabilities vs Other Current Assets Analysis

AMC Stock   1.41  0.08  5.37%   
Arizona Metals financial indicator trend analysis is way more than just evaluating Arizona Metals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arizona Metals Corp is a good investment. Please check the relationship between Arizona Metals Total Current Liabilities and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Metals Corp. 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 Current Liabilities vs Other Current Assets

Total Current Liabilities vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arizona Metals Corp Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Arizona Metals' Total Current Liabilities and Other Current Assets is 0.58. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Arizona Metals Corp, assuming nothing else is changed. The correlation between historical values of Arizona Metals' Total Current Liabilities and Other Current Assets 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 Current Liabilities of Arizona Metals Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., Arizona Metals' Total Current Liabilities and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Arizona Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Arizona Metals Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Arizona Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arizona Metals Corp 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 Arizona Metals Corp. 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.
As of the 18th of February 2025, Enterprise Value is likely to grow to about 448.2 M, while Selling General Administrative is likely to drop about 1 M.

Arizona Metals fundamental ratios Correlations

0.950.731.0-0.64-0.790.640.580.690.311.00.820.730.340.731.00.870.370.650.340.950.910.95-0.26
0.950.660.95-0.82-0.660.820.450.570.550.950.740.780.240.660.950.760.240.830.240.850.780.85-0.22
0.730.660.73-0.24-0.950.250.960.980.00.730.930.580.721.00.730.950.890.280.720.890.890.89-0.73
1.00.950.73-0.64-0.780.640.570.680.311.00.810.730.330.731.00.860.360.650.330.940.910.94-0.26
-0.64-0.82-0.24-0.640.15-1.00.02-0.09-0.83-0.64-0.25-0.480.11-0.24-0.64-0.290.18-0.990.11-0.46-0.33-0.46-0.11
-0.79-0.66-0.95-0.780.15-0.15-0.93-0.970.09-0.79-0.97-0.64-0.61-0.95-0.79-0.97-0.82-0.18-0.61-0.92-0.95-0.920.59
0.640.820.250.64-1.0-0.15-0.020.090.830.640.250.48-0.110.250.640.29-0.180.99-0.110.460.330.460.1
0.580.450.960.570.02-0.93-0.020.99-0.210.570.890.460.780.960.570.90.960.020.780.790.820.79-0.78
0.690.570.980.68-0.09-0.970.090.99-0.10.680.950.580.740.980.680.950.910.130.740.860.880.86-0.75
0.310.550.00.31-0.830.090.83-0.21-0.10.30.080.51-0.230.00.310.0-0.350.81-0.230.120.00.120.23
1.00.950.731.0-0.64-0.790.640.570.680.30.810.720.330.731.00.860.360.650.330.940.910.95-0.26
0.820.740.930.81-0.25-0.970.250.890.950.080.810.790.620.930.810.970.740.290.620.910.910.91-0.63
0.730.780.580.73-0.48-0.640.480.460.580.510.720.790.250.580.730.670.240.510.250.650.620.65-0.27
0.340.240.720.330.11-0.61-0.110.780.74-0.230.330.620.250.720.330.630.79-0.071.00.550.580.55-0.8
0.730.661.00.73-0.24-0.950.250.960.980.00.730.930.580.720.730.950.890.280.720.890.890.89-0.73
1.00.950.731.0-0.64-0.790.640.570.680.311.00.810.730.330.730.860.360.650.330.940.910.94-0.26
0.870.760.950.86-0.29-0.970.290.90.950.00.860.970.670.630.950.860.760.320.630.960.960.96-0.64
0.370.240.890.360.18-0.82-0.180.960.91-0.350.360.740.240.790.890.360.76-0.130.790.640.680.64-0.79
0.650.830.280.65-0.99-0.180.990.020.130.810.650.290.51-0.070.280.650.32-0.13-0.070.480.350.480.07
0.340.240.720.330.11-0.61-0.110.780.74-0.230.330.620.251.00.720.330.630.79-0.070.550.580.55-0.8
0.950.850.890.94-0.46-0.920.460.790.860.120.940.910.650.550.890.940.960.640.480.550.991.0-0.45
0.910.780.890.91-0.33-0.950.330.820.880.00.910.910.620.580.890.910.960.680.350.580.990.99-0.44
0.950.850.890.94-0.46-0.920.460.790.860.120.950.910.650.550.890.940.960.640.480.551.00.99-0.45
-0.26-0.22-0.73-0.26-0.110.590.1-0.78-0.750.23-0.26-0.63-0.27-0.8-0.73-0.26-0.64-0.790.07-0.8-0.45-0.44-0.45
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Arizona Metals Account Relationship Matchups

Arizona Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.8M57.3M53.3M31.6M36.3M23.6M
Other Current Liab188.3K1.1M607.1K350K402.5K357.4K
Total Current Liabilities188.4K1.1M607.8K1.5M1.8M1.9M
Total Stockholder Equity4.6M56.2M52.7M30.0M34.5M23.1M
Net Debt(3.9M)(55.8M)(7.0M)(550.4K)(495.4K)(520.1K)
Retained Earnings(15.7M)(35.3M)(59.5M)(83.9M)(75.5M)(71.7M)
Cash3.9M55.8M7.0M550.4K633.0K601.3K
Non Current Assets Total149.9K234.6K345.6K1.0M1.2M1.3M
Non Currrent Assets Other149.9K234.6K295.0K544.9K626.7K658.0K
Other Assets149.9K234.6K0.01.00.90.86
Cash And Short Term Investments3.9M55.8M52.2M30.1M34.6M22.7M
Common Stock Shares Outstanding60.0M85.1M111.6M116.1M133.5M140.2M
Liabilities And Stockholders Equity4.8M57.3M53.3M31.6M36.3M23.6M
Other Current Assets717.4K695.7K671.9K388.1K446.3K492.2K
Total Liab188.4K1.1M607.8K1.5M1.8M1.9M
Total Current Assets4.6M57.0M52.9M30.5M35.1M23.3M
Accumulated Other Comprehensive Income5.0M5.2M4.9M6.4M7.3M4.0M
Common Stock15.3M86.3M107.3M107.5M123.7M129.9M
Accounts Payable174.171.1K607.761.2M1.4M1.4M
Net Receivables32.0K572.7K79.6K36.0K41.4K39.3K

Other Information on Investing in Arizona Stock

Balance Sheet is a snapshot of the financial position of Arizona Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. Arizona Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arizona Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Arizona currently owns. An asset can also be divided into two categories, current and non-current.