Australian Net Receivables vs Cash Analysis

APC Stock   0.02  0  17.39%   
Australian Potash financial indicator trend analysis is way more than just evaluating Australian Potash prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Potash is a good investment. Please check the relationship between Australian Potash Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Potash. 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 Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Potash Net Receivables account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Australian Potash's Net Receivables and Cash is 0.33. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Australian Potash, assuming nothing else is changed. The correlation between historical values of Australian Potash's Net Receivables and Cash 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 Receivables of Australian Potash are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Australian Potash's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Cash

Cash refers to the most liquid asset of Australian Potash, which is listed under current asset account on Australian Potash balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Australian Potash customers. The amounts must be unrestricted with restricted cash listed in a different Australian Potash account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Australian Potash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Potash 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 Australian Potash. 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 1.8 M in 2024. Issuance Of Capital Stock is likely to drop to about 2.9 M in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation170.1K106.8K58.0K90.4K
Interest Income12.4K1.4K7.7K7.6K

Australian Potash fundamental ratios Correlations

0.610.690.990.99-0.51-0.060.610.50.99-0.990.50.420.470.150.140.420.720.990.560.390.36-0.510.4-0.330.99
0.610.920.510.58-0.32-0.510.60.310.6-0.560.310.190.570.360.250.310.930.60.380.630.59-0.740.61-0.360.53
0.690.920.580.62-0.55-0.420.860.540.63-0.60.540.410.620.30.050.51.00.640.610.580.48-0.640.52-0.20.61
0.990.510.580.99-0.470.020.520.470.99-0.990.470.40.40.10.150.380.610.980.520.330.31-0.440.35-0.331.0
0.990.580.620.99-0.37-0.050.510.371.0-1.00.370.370.430.150.180.360.661.00.430.390.37-0.50.4-0.310.99
-0.51-0.32-0.55-0.47-0.37-0.01-0.71-0.99-0.370.37-0.99-0.34-0.32-0.01-0.01-0.34-0.53-0.37-0.97-0.14-0.050.16-0.120.16-0.47
-0.06-0.51-0.420.02-0.05-0.01-0.21-0.04-0.060.03-0.040.0-0.83-0.95-0.08-0.02-0.41-0.07-0.09-0.94-0.920.86-0.910.42-0.03
0.610.60.860.520.51-0.71-0.210.70.52-0.510.70.60.540.16-0.220.640.850.520.770.360.23-0.360.280.060.55
0.50.310.540.470.37-0.99-0.040.70.37-0.371.00.330.370.080.020.320.520.370.980.20.11-0.210.18-0.190.47
0.990.60.630.991.0-0.37-0.060.520.37-1.00.370.360.440.150.180.360.671.00.430.40.38-0.520.41-0.320.99
-0.99-0.56-0.6-0.99-1.00.370.03-0.51-0.37-1.0-0.37-0.37-0.42-0.14-0.17-0.36-0.64-1.0-0.43-0.37-0.360.49-0.390.31-0.99
0.50.310.540.470.37-0.99-0.040.71.00.37-0.370.330.370.080.020.320.520.370.980.20.11-0.210.18-0.190.47
0.420.190.410.40.37-0.340.00.60.330.36-0.370.330.340.03-0.810.990.410.360.50.130.03-0.090.06-0.230.41
0.470.570.620.40.43-0.32-0.830.540.370.44-0.420.370.340.84-0.090.340.630.440.450.920.83-0.840.86-0.530.46
0.150.360.30.10.15-0.01-0.950.160.080.15-0.140.080.030.840.080.00.310.160.120.940.95-0.860.94-0.440.14
0.140.250.050.150.18-0.01-0.08-0.220.020.18-0.170.02-0.81-0.090.08-0.780.070.19-0.140.130.22-0.260.220.050.13
0.420.310.50.380.36-0.34-0.020.640.320.36-0.360.320.990.340.0-0.780.50.360.50.140.03-0.110.06-0.240.4
0.720.931.00.610.66-0.53-0.410.850.520.67-0.640.520.410.630.310.070.50.680.60.580.5-0.650.53-0.210.64
0.990.60.640.981.0-0.37-0.070.520.371.0-1.00.370.360.440.160.190.360.680.430.40.39-0.520.42-0.320.99
0.560.380.610.520.43-0.97-0.090.770.980.43-0.430.980.50.450.12-0.140.50.60.430.260.16-0.260.23-0.240.53
0.390.630.580.330.39-0.14-0.940.360.20.4-0.370.20.130.920.940.130.140.580.40.260.98-0.960.98-0.510.37
0.360.590.480.310.37-0.05-0.920.230.110.38-0.360.110.030.830.950.220.030.50.390.160.98-0.981.0-0.50.34
-0.51-0.74-0.64-0.44-0.50.160.86-0.36-0.21-0.520.49-0.21-0.09-0.84-0.86-0.26-0.11-0.65-0.52-0.26-0.96-0.98-0.980.53-0.47
0.40.610.520.350.4-0.12-0.910.280.180.41-0.390.180.060.860.940.220.060.530.420.230.981.0-0.98-0.530.38
-0.33-0.36-0.2-0.33-0.310.160.420.06-0.19-0.320.31-0.19-0.23-0.53-0.440.05-0.24-0.21-0.32-0.24-0.51-0.50.53-0.53-0.34
0.990.530.611.00.99-0.47-0.030.550.470.99-0.990.470.410.460.140.130.40.640.990.530.370.34-0.470.38-0.34
Click cells to compare fundamentals

Australian Potash Account Relationship Matchups

Australian Potash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4M29.7M37.7M3.0M1.6M1.5M
Other Current Liab728.9K2.6M2.8M4.1M367.6K349.2K
Total Current Liabilities2.2M5.7M4.1M5.5M813.9K773.2K
Total Stockholder Equity11.1M24.0M33.0M(2.6M)746.4K709.1K
Property Plant And Equipment Net9.8M21.1M36.1M282.0K104.6K99.4K
Net Debt(3.2M)(7.7M)(834.7K)(1.3M)(1.2M)(1.3M)
Retained Earnings(20.2M)(23.9M)(29.5M)(71.1M)(70.6M)(67.1M)
Accounts Payable1.4M3.1M1.3M1.4M446.3K424.0K
Cash3.4M7.8M878.8K1.3M1.2M2.1M
Non Current Assets Total9.8M21.1M36.1M1.2M106.3K101.0K
Non Currrent Assets Other(9.8M)(21.1M)(36.1M)950K(1.0)(1.05)
Cash And Short Term Investments3.4M7.8M878.8K1.3M1.2M2.1M
Net Receivables258.6K735.6K472.1K16.7K173.2K164.5K
Common Stock Shares Outstanding393.6M545.7M756.1M936.9M1.5B1.6B
Liabilities And Stockholders Equity13.4M29.7M37.7M3.0M1.6M1.5M
Inventory(258.6K)52.8K227.2K167.1K(173.2K)(181.8K)
Other Current Assets258.6K735.6K472.1K251.6K83.2K79.1K
Total Liab2.3M5.7M4.6M5.5M813.9K773.2K
Property Plant And Equipment Gross9.8M21.4M36.1M1.5M301.6K286.5K
Total Current Assets3.6M8.6M1.6M1.7M1.5M2.5M
Accumulated Other Comprehensive Income1.6M2.1M2.0M1.8M1.8M1.5M
Common Stock29.6M45.7M60.5M66.7M69.5M73.0M
Property Plant Equipment5.2M9.8M21.1M36.1M41.5M43.6M
Other Stockholder Equity(4.5M)(9.5M)(21.8M)(31.0M)(27.9M)(26.5M)
Net Tangible Assets6.0M11.1M24.0M33.0M38.0M39.9M
Net Invested Capital11.1M24.0M33.0M(2.6M)746.4K709.1K
Net Working Capital1.5M2.9M(2.5M)(3.8M)640.1K672.1K
Intangible Assets5.4K6.8K4.4K3.0K1.7K1.6K
Capital Stock29.6M45.7M60.5M66.7M69.5M54.3M

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