| ANK Stock | | | CAD 0.09 0.01 5.26% |
Angkor Resources financial indicator trend analysis is way more than just evaluating Angkor Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angkor Resources Corp is a good investment. Please check the relationship between Angkor Resources Total Stockholder Equity and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angkor Resources 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 Stockholder Equity vs Total Current Liabilities
Total Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angkor Resources Corp Total Stockholder Equity account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Angkor Resources' Total Stockholder Equity and Total Current Liabilities is -0.2. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Angkor Resources Corp, assuming nothing else is changed. The correlation between historical values of Angkor Resources' Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Angkor Resources Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Angkor Resources' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Current Liabilities
Total Current Liabilities is an item on Angkor Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Angkor Resources 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.
Most indicators from Angkor Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angkor Resources 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 Angkor Resources 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.
Selling General Administrative is likely to climb to about 1.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Angkor Resources fundamental ratios Correlations
Click cells to compare fundamentals
Angkor Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angkor Resources fundamental ratios Accounts
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Additional Tools for Angkor Stock Analysis
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