Australian Depreciation And Amortization vs Total Current Liabilities Analysis

ASM Stock

0.55 0.02 3.77%

Australian Strategic financial indicator trend analysis is way more than just evaluating Australian Strategic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Strategic is a good investment. Please check the relationship between Australian Strategic Depreciation And Amortization and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Strategic Materials. 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.

Depreciation And Amortization vs Total Current Liabilities

Depreciation And Amortization vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Strategic Depreciation And Amortization account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Australian Strategic's Depreciation And Amortization and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Australian Strategic Materials, assuming nothing else is changed. The correlation between historical values of Australian Strategic's Depreciation And Amortization 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 Depreciation And Amortization of Australian Strategic Materials 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 Depreciation And Amortization i.e., Australian Strategic's Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Liabilities

Total Current Liabilities is an item on Australian Strategic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Australian Strategic Materials 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 Australian Strategic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Strategic 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 Strategic Materials. 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, Australian Strategic's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 41.3 M in 2025, despite the fact that Tax Provision is likely to grow to (2.1 M).

	2024	2025 (projected)
Depreciation And Amortization	2.0M	1.5M
Interest Income	26.1K	24.8K

Depreciation And Amortization Interest Income

Australian Strategic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt
Total Assets		-0.92	-0.54	0.1	0.98	0.75	0.94	0.73	0.82	-0.85	-0.88	-0.6	0.73	0.97	-0.39	-0.83	0.73	0.64	0.7	-0.83	-0.84	0.87	0.87	-0.87	0.91	-0.1
Short Long Term Debt Total	-0.92		0.43	0.2	-0.95	-0.54	-0.97	-0.71	-0.74	0.96	0.8	0.46	-0.84	-0.82	0.4	0.68	-0.84	-0.57	-0.6	0.7	0.72	-0.82	-0.86	0.97	-0.94	0.39
Other Current Liab	-0.54	0.43		-0.58	-0.51	-0.43	-0.52	-0.32	-0.8	0.49	0.44	0.53	-0.51	-0.49	0.07	0.83	-0.51	-0.31	-0.32	0.85	0.84	-0.42	-0.45	0.43	-0.54	-0.5
Total Current Liabilities	0.1	0.2	-0.58		-0.05	0.46	-0.01	0.22	0.47	0.26	-0.26	-0.39	-0.26	0.24	-0.15	-0.56	-0.26	0.05	0.13	-0.53	-0.51	0.17	0.09	0.3	-0.14	0.97
Total Stockholder Equity	0.98	-0.95	-0.51	-0.05		0.64	0.94	0.64	0.76	-0.93	-0.81	-0.55	0.83	0.9	-0.31	-0.76	0.83	0.62	0.65	-0.78	-0.78	0.81	0.83	-0.95	0.96	-0.24
Other Liab	0.75	-0.54	-0.43	0.46	0.64		0.69	0.77	0.75	-0.42	-0.82	-0.61	0.3	0.84	-0.55	-0.76	0.3	0.46	0.6	-0.74	-0.75	0.74	0.61	-0.44	0.51	0.28
Net Tangible Assets	0.94	-0.97	-0.52	-0.01	0.94	0.69		0.8	0.84	-0.91	-0.89	-0.56	0.78	0.88	-0.48	-0.8	0.78	0.58	0.63	-0.81	-0.83	0.88	0.9	-0.91	0.91	-0.21
Property Plant And Equipment Net	0.73	-0.71	-0.32	0.22	0.64	0.77	0.8		0.8	-0.52	-0.92	-0.3	0.33	0.8	-0.88	-0.69	0.33	0.28	0.45	-0.65	-0.7	0.8	0.8	-0.55	0.51	-0.01
Current Deferred Revenue	0.82	-0.74	-0.8	0.47	0.76	0.75	0.84	0.8		-0.67	-0.84	-0.62	0.57	0.83	-0.54	-0.95	0.57	0.35	0.44	-0.95	-0.97	0.75	0.83	-0.65	0.69	0.28
Net Debt	-0.85	0.96	0.49	0.26	-0.93	-0.42	-0.91	-0.52	-0.67		0.64	0.5	-0.96	-0.7	0.22	0.63	-0.96	-0.51	-0.48	0.68	0.69	-0.65	-0.74	0.99	-0.97	0.4
Retained Earnings	-0.88	0.8	0.44	-0.26	-0.81	-0.82	-0.89	-0.92	-0.84	0.64		0.47	-0.43	-0.93	0.67	0.83	-0.43	-0.58	-0.7	0.79	0.81	-0.94	-0.86	0.66	-0.68	-0.04
Accounts Payable	-0.6	0.46	0.53	-0.39	-0.55	-0.61	-0.56	-0.3	-0.62	0.5	0.47		-0.5	-0.57	-0.09	0.71	-0.5	-0.43	-0.35	0.73	0.7	-0.47	-0.55	0.43	-0.56	-0.32
Cash	0.73	-0.84	-0.51	-0.26	0.83	0.3	0.78	0.33	0.57	-0.96	-0.43	-0.5		0.54	-0.05	-0.55	1.0	0.4	0.33	-0.62	-0.62	0.45	0.57	-0.93	0.93	-0.36
Non Current Assets Total	0.97	-0.82	-0.49	0.24	0.9	0.84	0.88	0.8	0.83	-0.7	-0.93	-0.57	0.54		-0.49	-0.83	0.54	0.58	0.69	-0.81	-0.82	0.89	0.88	-0.73	0.78	0.02
Non Currrent Assets Other	-0.39	0.4	0.07	-0.15	-0.31	-0.55	-0.48	-0.88	-0.54	0.22	0.67	-0.09	-0.05	-0.49		0.36	-0.05	0.1	-0.12	0.33	0.38	-0.47	-0.49	0.27	-0.16	0.04
Long Term Debt	-0.83	0.68	0.83	-0.56	-0.76	-0.76	-0.8	-0.69	-0.95	0.63	0.83	0.71	-0.55	-0.83	0.36		-0.55	-0.55	-0.6	0.99	0.99	-0.79	-0.76	0.6	-0.71	-0.4
Cash And Short Term Investments	0.73	-0.84	-0.51	-0.26	0.83	0.3	0.78	0.33	0.57	-0.96	-0.43	-0.5	1.0	0.54	-0.05	-0.55		0.4	0.33	-0.62	-0.62	0.45	0.57	-0.93	0.93	-0.36
Net Receivables	0.64	-0.57	-0.31	0.05	0.62	0.46	0.58	0.28	0.35	-0.51	-0.58	-0.43	0.4	0.58	0.1	-0.55	0.4		0.96	-0.53	-0.5	0.77	0.43	-0.51	0.63	-0.03
Common Stock Shares Outstanding	0.7	-0.6	-0.32	0.13	0.65	0.6	0.63	0.45	0.44	-0.48	-0.7	-0.35	0.33	0.69	-0.12	-0.6	0.33	0.96		-0.56	-0.55	0.86	0.5	-0.51	0.62	0.01
Long Term Debt Total	-0.83	0.7	0.85	-0.53	-0.78	-0.74	-0.81	-0.65	-0.95	0.68	0.79	0.73	-0.62	-0.81	0.33	0.99	-0.62	-0.53	-0.56		1.0	-0.74	-0.74	0.64	-0.75	-0.38
Non Current Liabilities Total	-0.84	0.72	0.84	-0.51	-0.78	-0.75	-0.83	-0.7	-0.97	0.69	0.81	0.7	-0.62	-0.82	0.38	0.99	-0.62	-0.5	-0.55	1.0		-0.76	-0.76	0.66	-0.75	-0.35
Inventory	0.87	-0.82	-0.42	0.17	0.81	0.74	0.88	0.8	0.75	-0.65	-0.94	-0.47	0.45	0.89	-0.47	-0.79	0.45	0.77	0.86	-0.74	-0.76		0.85	-0.68	0.72	-0.03
Other Current Assets	0.87	-0.86	-0.45	0.09	0.83	0.61	0.9	0.8	0.83	-0.74	-0.86	-0.55	0.57	0.88	-0.49	-0.76	0.57	0.43	0.5	-0.74	-0.76	0.85		-0.75	0.74	-0.12
Total Liab	-0.87	0.97	0.43	0.3	-0.95	-0.44	-0.91	-0.55	-0.65	0.99	0.66	0.43	-0.93	-0.73	0.27	0.6	-0.93	-0.51	-0.51	0.64	0.66	-0.68	-0.75		-0.97	0.46
Total Current Assets	0.91	-0.94	-0.54	-0.14	0.96	0.51	0.91	0.51	0.69	-0.97	-0.68	-0.56	0.93	0.78	-0.16	-0.71	0.93	0.63	0.62	-0.75	-0.75	0.72	0.74	-0.97		-0.29
Short Term Debt	-0.1	0.39	-0.5	0.97	-0.24	0.28	-0.21	-0.01	0.28	0.4	-0.04	-0.32	-0.36	0.02	0.04	-0.4	-0.36	-0.03	0.01	-0.38	-0.35	-0.03	-0.12	0.46	-0.29

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Australian Strategic Account Relationship Matchups

Australian Strategic fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	228.6M	250.7M	267.2M	259.0M	297.8M	214.8M
Other Current Liab	1.2M	3.8M	3.4M	4.4M	4.0M	3.8M
Total Current Liabilities	1.4M	10.7M	23.7M	33.1M	38.1M	29.6M
Total Stockholder Equity	202.5M	199.6M	215.9M	204.6M	235.3M	125.3M
Other Liab	26.1M	24.6M	23.2M	27.2M	31.2M	27.3M
Net Tangible Assets	(4.8M)	197.9M	196.0M	213.4M	245.4M	257.7M
Property Plant And Equipment Net	32.1M	65.5M	67.8M	189.4M	217.8M	228.7M
Net Debt	(93.3M)	(42.9M)	(39.0M)	(30.7M)	(27.7M)	(26.3M)
Retained Earnings	(16.9M)	(41.1M)	(67.4M)	(92.6M)	(83.3M)	(79.1M)
Accounts Payable	221K	157K	479K	984K	885.6K	543.1K
Cash	93.3M	60.2M	56.7M	47.6M	54.7M	50.0M
Non Current Assets Total	133.7M	174.6M	179.9M	191.9M	220.7M	155.4M
Non Currrent Assets Other	96.7M	105.5M	109.6M	1.1M	987.3K	937.9K
Long Term Debt	77.7M	0.0	16.8M	410K	369K	350.6K
Cash And Short Term Investments	93.3M	60.2M	56.7M	47.6M	54.7M	50.0M
Net Receivables	392K	761K	3.6M	653K	751.0K	819.6K
Common Stock Shares Outstanding	114.6M	139.8M	312.4M	169.3M	194.7M	166.8M
Liabilities And Stockholders Equity	228.6M	250.7M	267.2M	259.0M	297.8M	214.8M
Non Current Liabilities Total	24.6M	40.3M	27.6M	21.2M	19.1M	18.1M
Inventory	824K	13.6M	26.4M	17.8M	20.4M	21.4M
Other Current Assets	347K	1.5M	649K	1.0M	1.2M	1.2M
Total Liab	26.0M	51.0M	51.3M	54.4M	48.9M	65.0M
Total Current Assets	94.9M	76.1M	87.3M	67.0M	77.1M	59.4M
Accumulated Other Comprehensive Income	12.3M	12.3M	15.0M	13.8M	12.4M	18.4M
Common Stock	207.2M	228.4M	268.3M	283.4M	325.9M	342.2M
Property Plant Equipment	118.2M	128.2M	168.4M	177.1M	203.7M	144.5M

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