Azucar Days Sales Outstanding vs Capex To Depreciation Analysis

AMZ Stock  CAD 0.03  0.01  28.57%   
Azucar Minerals financial indicator trend analysis is way more than just evaluating Azucar Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azucar Minerals is a good investment. Please check the relationship between Azucar Minerals Days Sales Outstanding and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azucar Minerals. 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.

Days Sales Outstanding vs Capex To Depreciation

Days Sales Outstanding vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azucar Minerals Days Sales Outstanding account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Azucar Minerals' Days Sales Outstanding and Capex To Depreciation is -0.35. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Azucar Minerals, assuming nothing else is changed. The correlation between historical values of Azucar Minerals' Days Sales Outstanding and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Azucar Minerals are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Sales Outstanding i.e., Azucar Minerals' Days Sales Outstanding and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Azucar Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azucar 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 Azucar Minerals. 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 439.2 K in 2024. Sales General And Administrative To Revenue is likely to drop to 5.11 in 2024
 2021 2022 2023 2024 (projected)
Interest Income8.4K39.0K115.2K70.9K
Net Interest Income8.4K39.0K115.2K70.9K

Azucar Minerals fundamental ratios Correlations

0.641.00.420.640.55-0.13-0.070.17-0.12-0.240.640.490.170.24-0.210.83-0.570.70.860.140.460.210.170.960.5
0.640.630.31.00.71-0.27-0.080.17-0.34-0.171.00.750.250.12-0.40.48-0.660.440.470.050.620.220.660.620.64
1.00.630.420.630.55-0.13-0.070.17-0.11-0.240.630.480.170.24-0.210.84-0.560.70.860.140.460.210.160.960.5
0.420.30.420.30.51-0.59-0.710.86-0.49-0.720.30.240.710.87-0.610.53-0.38-0.330.490.86-0.010.860.30.310.13
0.641.00.630.30.71-0.27-0.080.17-0.34-0.171.00.750.250.12-0.40.48-0.660.440.470.050.620.220.660.620.64
0.550.710.550.510.71-0.49-0.310.45-0.47-0.510.710.940.50.25-0.440.41-0.940.220.380.330.770.410.630.580.85
-0.13-0.27-0.13-0.59-0.27-0.490.88-0.860.90.84-0.27-0.34-0.98-0.780.83-0.540.20.38-0.47-0.80.12-0.88-0.44-0.220.0
-0.07-0.08-0.07-0.71-0.08-0.310.88-0.940.80.87-0.08-0.09-0.89-0.860.76-0.480.040.52-0.42-0.920.32-0.91-0.11-0.10.23
0.170.170.170.860.170.45-0.86-0.94-0.72-0.890.170.180.910.9-0.750.49-0.22-0.540.430.98-0.190.960.280.15-0.06
-0.12-0.34-0.11-0.49-0.34-0.470.90.8-0.720.58-0.34-0.42-0.83-0.640.84-0.440.130.31-0.38-0.620.09-0.76-0.46-0.160.01
-0.24-0.17-0.24-0.72-0.17-0.510.840.87-0.890.58-0.17-0.24-0.89-0.810.61-0.560.330.31-0.52-0.880.05-0.85-0.16-0.33-0.06
0.641.00.630.31.00.71-0.27-0.080.17-0.34-0.170.750.250.12-0.40.48-0.660.440.470.050.620.220.660.620.64
0.490.750.480.240.750.94-0.34-0.090.18-0.42-0.240.750.29-0.01-0.360.27-0.890.370.250.030.870.170.670.530.89
0.170.250.170.710.250.5-0.98-0.890.91-0.83-0.890.250.290.87-0.820.56-0.22-0.410.50.86-0.130.940.420.230.0
0.240.120.240.870.120.25-0.78-0.860.9-0.64-0.810.12-0.010.87-0.730.6-0.02-0.450.550.92-0.360.960.20.2-0.23
-0.21-0.4-0.21-0.61-0.4-0.440.830.76-0.750.840.61-0.4-0.36-0.82-0.73-0.520.160.31-0.45-0.660.07-0.86-0.54-0.21-0.01
0.830.480.840.530.480.41-0.54-0.480.49-0.44-0.560.480.270.560.6-0.52-0.270.391.00.480.050.570.140.860.13
-0.57-0.66-0.56-0.38-0.66-0.940.20.04-0.220.130.33-0.66-0.89-0.22-0.020.16-0.27-0.37-0.27-0.11-0.9-0.15-0.52-0.58-0.95
0.70.440.7-0.330.440.220.380.52-0.540.310.310.440.37-0.41-0.450.310.39-0.370.45-0.560.57-0.49-0.060.750.5
0.860.470.860.490.470.38-0.47-0.420.43-0.38-0.520.470.250.50.55-0.451.0-0.270.450.430.060.50.090.880.13
0.140.050.140.860.050.33-0.8-0.920.98-0.62-0.880.050.030.860.92-0.660.48-0.11-0.560.43-0.310.940.160.11-0.17
0.460.620.46-0.010.620.770.120.32-0.190.090.050.620.87-0.13-0.360.070.05-0.90.570.06-0.31-0.230.460.490.98
0.210.220.210.860.220.41-0.88-0.910.96-0.76-0.850.220.170.940.96-0.860.57-0.15-0.490.50.94-0.230.370.19-0.1
0.170.660.160.30.660.63-0.44-0.110.28-0.46-0.160.660.670.420.2-0.540.14-0.52-0.060.090.160.460.370.150.54
0.960.620.960.310.620.58-0.22-0.10.15-0.16-0.330.620.530.230.2-0.210.86-0.580.750.880.110.490.190.150.52
0.50.640.50.130.640.850.00.23-0.060.01-0.060.640.890.0-0.23-0.010.13-0.950.50.13-0.170.98-0.10.540.52
Click cells to compare fundamentals

Azucar Minerals Account Relationship Matchups

Azucar Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.7M25.8M24.7M24.3M1.3M1.2M
Total Current Liabilities211.3K598.4K146.0K190.3K45.1K42.8K
Total Stockholder Equity26.5M25.2M24.5M24.2M1.2M1.2M
Net Tangible Assets26.5M25.2M24.5M24.1M27.8M20.9M
Accounts Payable211.3K598.4K146.0K190.3K45.1K42.8K
Cash7.5M4.4M2.1M1.2M1.1M1.1M
Net Receivables98.9K65.5K30.4K16.3K9.3K8.8K
Other Stockholder Equity3.3M3.4M3.6M3.7M3.3M6.3M
Total Liab211.3K598.4K146.0K190.3K45.1K42.8K
Total Current Assets7.7M4.5M2.2M1.2M1.2M1.1M
Property Plant Equipment19.0M21.3M22.5M23.1M26.6M14.0M
Property Plant And Equipment Net19.1M21.3M22.5M23.1M88.8K84.4K
Net Debt(7.5M)(4.4M)(2.1M)(1.2M)(1.1M)(1.2M)
Retained Earnings(828.9K)(2.2M)(3.2M)(3.6M)(26.7M)(25.4M)
Non Current Assets Total19.1M21.3M22.5M23.1M88.8K84.4K
Cash And Short Term Investments7.5M4.4M2.1M1.2M1.1M1.1M
Common Stock Shares Outstanding47.6M64.6M73.8M73.8M84.9M67.1M
Liabilities And Stockholders Equity26.7M25.8M24.7M24.3M1.3M1.2M
Other Current Assets46.3K46.3K1.013.0K35.6K29.2K
Accumulated Other Comprehensive Income3.3M3.4M3.6M3.7M3.9M3.2M
Net Invested Capital26.5M25.2M24.5M24.2M1.2M1.2M
Net Working Capital7.5M3.9M2.0M1.0M1.1M1.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Azucar Stock Analysis

When running Azucar Minerals' price analysis, check to measure Azucar Minerals' 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 Azucar Minerals is operating at the current time. Most of Azucar Minerals' value examination focuses on studying past and present price action to predict the probability of Azucar Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azucar Minerals' price. Additionally, you may evaluate how the addition of Azucar Minerals to your portfolios can decrease your overall portfolio volatility.