Ascot Cash Per Share vs Income Quality Analysis

AOT Stock

CAD 0.19 0.01 5.00%

Ascot Resources financial indicator trend analysis is way more than just evaluating Ascot Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ascot Resources is a good investment. Please check the relationship between Ascot Resources Cash Per Share and its Income Quality accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascot Resources. 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.

Cash Per Share vs Income Quality

Cash Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ascot Resources Cash Per Share account and Income Quality. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ascot Resources' Cash Per Share and Income Quality is 0.47. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Income Quality in the same time period over historical financial statements of Ascot Resources, assuming nothing else is changed. The correlation between historical values of Ascot Resources' Cash Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Ascot Resources are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Cash Per Share i.e., Ascot Resources' Cash Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash Per Share

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Ascot Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ascot Resources 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 Ascot Resources. 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.

At this time, Ascot Resources' Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 56.4 M, while Selling General Administrative is likely to drop about 3.6 M.

	2023	2024 (projected)
Research Development	275.4K	186.3K
Cost Of Revenue	1.6M	1.6M

Research Development Cost Of Revenue

Ascot Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Common Stock Total Equity	Common Stock	Short Term Investments	Other Assets	Capital Surpluse	Property Plant Equipment
Total Assets		0.9	0.98	1.0	0.39	-0.9	0.94	0.36	1.0	0.73	0.53	0.94	0.99	0.93	0.98	0.48	0.96	0.99	0.6	0.52	0.89	0.97	-0.02	0.63	0.83	0.98
Total Current Liabilities	0.9		0.87	0.89	0.44	-0.81	0.81	0.39	0.9	0.74	0.55	0.78	0.89	0.81	0.82	0.47	0.88	0.88	0.6	0.38	0.82	0.87	-0.18	0.71	0.73	0.88
Total Stockholder Equity	0.98	0.87		0.97	0.45	-0.93	0.86	0.42	0.97	0.77	0.56	0.89	0.99	0.84	0.93	0.45	0.87	0.97	0.63	0.47	0.94	1.0	0.05	0.7	0.88	0.99
Property Plant And Equipment Net	1.0	0.89	0.97		0.45	-0.89	0.94	0.29	1.0	0.7	0.46	0.94	0.99	0.94	0.98	0.49	0.95	1.0	0.54	0.52	0.88	0.97	-0.06	0.59	0.83	0.98
Net Debt	0.39	0.44	0.45	0.45		-0.31	0.23	-0.37	0.44	0.21	-0.31	0.24	0.43	0.24	0.34	0.37	0.3	0.44	-0.27	-0.09	0.34	0.43	-0.56	0.25	0.39	0.52
Retained Earnings	-0.9	-0.81	-0.93	-0.89	-0.31		-0.77	-0.45	-0.89	-0.68	-0.57	-0.82	-0.93	-0.76	-0.84	-0.38	-0.8	-0.89	-0.63	-0.58	-0.9	-0.93	-0.11	-0.62	-0.87	-0.88
Accounts Payable	0.94	0.81	0.86	0.94	0.23	-0.77		0.27	0.94	0.61	0.46	0.96	0.91	0.99	0.97	0.48	0.99	0.93	0.54	0.53	0.73	0.85	0.0	0.45	0.68	0.88
Cash	0.36	0.39	0.42	0.29	-0.37	-0.45	0.27		0.29	0.69	0.97	0.35	0.37	0.19	0.26	0.05	0.25	0.28	0.95	0.13	0.51	0.43	0.63	0.74	0.38	0.33
Non Current Assets Total	1.0	0.9	0.97	1.0	0.44	-0.89	0.94	0.29		0.7	0.47	0.94	0.99	0.94	0.98	0.49	0.96	1.0	0.54	0.52	0.88	0.96	-0.07	0.59	0.83	0.98
Non Currrent Assets Other	0.73	0.74	0.77	0.7	0.21	-0.68	0.61	0.69	0.7		0.76	0.65	0.73	0.58	0.65	0.27	0.63	0.7	0.78	0.08	0.86	0.77	0.11	0.96	0.64	0.74
Cash And Short Term Investments	0.53	0.55	0.56	0.46	-0.31	-0.57	0.46	0.97	0.47	0.76		0.52	0.53	0.4	0.44	0.15	0.45	0.45	1.0	0.24	0.63	0.57	0.56	0.77	0.45	0.48
Net Receivables	0.94	0.78	0.89	0.94	0.24	-0.82	0.96	0.35	0.94	0.65	0.52		0.92	0.94	0.96	0.43	0.94	0.93	0.59	0.48	0.77	0.89	0.06	0.51	0.71	0.9
Common Stock Shares Outstanding	0.99	0.89	0.99	0.99	0.43	-0.93	0.91	0.37	0.99	0.73	0.53	0.92		0.89	0.96	0.48	0.92	0.99	0.6	0.51	0.91	0.99	0.01	0.64	0.86	0.99
Non Current Liabilities Total	0.93	0.81	0.84	0.94	0.24	-0.76	0.99	0.19	0.94	0.58	0.4	0.94	0.89		0.97	0.45	0.99	0.94	0.48	0.55	0.73	0.84	-0.09	0.41	0.68	0.86
Other Current Assets	0.98	0.82	0.93	0.98	0.34	-0.84	0.97	0.26	0.98	0.65	0.44	0.96	0.96	0.97		0.49	0.96	0.98	0.52	0.52	0.83	0.92	-0.03	0.5	0.79	0.95
Other Stockholder Equity	0.48	0.47	0.45	0.49	0.37	-0.38	0.48	0.05	0.49	0.27	0.15	0.43	0.48	0.45	0.49		0.49	0.46	0.19	0.08	0.3	0.37	-0.18	0.24	0.32	0.5
Total Liab	0.96	0.88	0.87	0.95	0.3	-0.8	0.99	0.25	0.96	0.63	0.45	0.94	0.92	0.99	0.96	0.49		0.95	0.53	0.54	0.75	0.87	-0.1	0.48	0.7	0.89
Property Plant And Equipment Gross	0.99	0.88	0.97	1.0	0.44	-0.89	0.93	0.28	1.0	0.7	0.45	0.93	0.99	0.94	0.98	0.46	0.95		0.53	0.51	0.89	0.96	-0.07	0.58	0.84	0.98
Total Current Assets	0.6	0.6	0.63	0.54	-0.27	-0.63	0.54	0.95	0.54	0.78	1.0	0.59	0.6	0.48	0.52	0.19	0.53	0.53		0.28	0.68	0.63	0.53	0.78	0.5	0.55
Other Current Liab	0.52	0.38	0.47	0.52	-0.09	-0.58	0.53	0.13	0.52	0.08	0.24	0.48	0.51	0.55	0.52	0.08	0.54	0.51	0.28		0.4	0.49	0.35	-0.02	0.51	0.43
Common Stock Total Equity	0.89	0.82	0.94	0.88	0.34	-0.9	0.73	0.51	0.88	0.86	0.63	0.77	0.91	0.73	0.83	0.3	0.75	0.89	0.68	0.4		0.94	0.05	0.8	0.85	0.9
Common Stock	0.97	0.87	1.0	0.97	0.43	-0.93	0.85	0.43	0.96	0.77	0.57	0.89	0.99	0.84	0.92	0.37	0.87	0.96	0.63	0.49	0.94		0.07	0.7	0.88	0.98
Short Term Investments	-0.02	-0.18	0.05	-0.06	-0.56	-0.11	0.0	0.63	-0.07	0.11	0.56	0.06	0.01	-0.09	-0.03	-0.18	-0.1	-0.07	0.53	0.35	0.05	0.07		0.13	0.03	-0.05
Other Assets	0.63	0.71	0.7	0.59	0.25	-0.62	0.45	0.74	0.59	0.96	0.77	0.51	0.64	0.41	0.5	0.24	0.48	0.58	0.78	-0.02	0.8	0.7	0.13		0.56	0.66
Capital Surpluse	0.83	0.73	0.88	0.83	0.39	-0.87	0.68	0.38	0.83	0.64	0.45	0.71	0.86	0.68	0.79	0.32	0.7	0.84	0.5	0.51	0.85	0.88	0.03	0.56		0.86
Property Plant Equipment	0.98	0.88	0.99	0.98	0.52	-0.88	0.88	0.33	0.98	0.74	0.48	0.9	0.99	0.86	0.95	0.5	0.89	0.98	0.55	0.43	0.9	0.98	-0.05	0.66	0.86

Click cells to compare fundamentals

Ascot Resources Account Relationship Matchups

Ascot Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	183.3M	250.0M	339.0M	379.1M	630.4M	661.9M
Total Current Liabilities	3.1M	46.6M	14.7M	30.3M	50.8M	53.3M
Total Stockholder Equity	148.2M	177.6M	257.2M	308.9M	350.8M	368.3M
Property Plant And Equipment Net	172.3M	193.2M	266.6M	364.2M	570.5M	599.0M
Net Debt	8.7M	1.8M	(17.0M)	37.7M	5.3M	5.6M
Retained Earnings	(49.7M)	(58.1M)	(61.1M)	(71.9M)	(82.3M)	(78.2M)
Accounts Payable	2.4M	2.8M	14.0M	6.5M	33.1M	34.8M
Cash	4.4M	42.1M	59.1M	7.5M	22.0M	11.6M
Non Current Assets Total	177.2M	205.6M	277.3M	369.6M	598.0M	627.9M
Non Currrent Assets Other	4.9M	8.0M	8.3M	3.0M	7.0M	4.9M
Cash And Short Term Investments	4.9M	43.6M	59.1M	7.5M	27.0M	28.3M
Net Receivables	579K	365K	1.4M	840K	2.1M	2.3M
Common Stock Shares Outstanding	215.1M	260.5M	348.1M	424.8M	546.8M	574.1M
Liabilities And Stockholders Equity	183.3M	250.0M	339.0M	379.1M	630.4M	661.9M
Other Current Assets	620K	352K	1.2M	1.1M	2.5M	2.7M
Other Stockholder Equity	14.6M	17.8M	19.5M	29.4M	32.2M	33.8M
Total Liab	35.2M	72.3M	81.8M	70.2M	279.6M	293.6M
Total Current Assets	6.1M	44.3M	61.7M	9.5M	32.4M	34.0M
Accumulated Other Comprehensive Income	14.6M	17.8M	19.5M	29.5K	32.2K	30.6K
Other Current Liab	464K	84K	348K	860K	1.7M	1.8M
Common Stock	183.3M	217.9M	298.7M	351.3M	400.8M	420.9M
Short Term Investments	507K	1.6M	46.3M	6.5M	5M	4.8M
Other Assets	4.9M	12.4M	10.7M	5.4M	6.2M	5.1M
Property Plant Equipment	172.3M	193.2M	266.6M	364.2M	418.9M	439.8M
Other Liab	19.1M	25.2M	25.3M	17.6M	20.2M	19.0M
Net Tangible Assets	148.2M	177.6M	257.2M	308.9M	355.3M	181.2M
Long Term Debt Total	12.9M	558K	41.8M	22.3M	25.6M	26.9M
Short Term Debt	217K	43.3M	338K	23.0M	3.7M	3.5M

Pair Trading with Ascot Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascot Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascot Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ascot Stock

0.7	AG	First Majestic Silver	Pair Corr
0.75	IE	Ivanhoe Energy	Pair Corr

Moving against Ascot Stock

0.57

HPQ

HPQ Silicon Resources

Pair Corr

The ability to find closely correlated positions to Ascot Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascot Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascot Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascot Resources to buy it.

The correlation of Ascot Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascot Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascot Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ascot Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Ascot Stock

Balance Sheet is a snapshot of the financial position of Ascot Resources at a specified time, usually calculated after every quarter, six months, or one year. Ascot Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ascot Resources 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 Ascot currently owns. An asset can also be divided into two categories, current and non-current.

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Ascot Cash Per Share vs Income Quality Analysis

Cash Per Share vs Income Quality

Cash Per Share vs Income Quality Correlation Analysis

Correlation Coefficient

Cash Per Share

Income Quality

Ascot Resources fundamental ratios Correlations

Ascot Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ascot Resources fundamental ratios Accounts

Pair Trading with Ascot Resources

Moving together with Ascot Stock

Moving against Ascot Stock

Other Information on Investing in Ascot Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Common Stock	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Total Stockholder Equity
Common Stock Total Equity	- 0.9	Retained Earnings
Retained Earnings	- 0.9	Total Assets
Property Plant And Equipment Gross	- 0.89	Retained Earnings