Australian Selling General Administrative vs Property Plant Equipment 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 Selling General Administrative and its Property Plant Equipment 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.

Selling General Administrative vs Property Plant Equipment

Selling General Administrative vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Strategic Selling General Administrative account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Australian Strategic's Selling General Administrative and Property Plant Equipment is 0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment 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 Selling General Administrative and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Australian Strategic Materials are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., Australian Strategic's Selling General Administrative and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Property Plant Equipment

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 Amortization2.0M1.5M
Interest Income26.1K24.8K

Australian Strategic fundamental ratios Correlations

-0.92-0.540.10.980.750.940.730.82-0.85-0.88-0.60.730.97-0.39-0.830.730.640.7-0.83-0.840.870.87-0.870.91-0.1
-0.920.430.2-0.95-0.54-0.97-0.71-0.740.960.80.46-0.84-0.820.40.68-0.84-0.57-0.60.70.72-0.82-0.860.97-0.940.39
-0.540.43-0.58-0.51-0.43-0.52-0.32-0.80.490.440.53-0.51-0.490.070.83-0.51-0.31-0.320.850.84-0.42-0.450.43-0.54-0.5
0.10.2-0.58-0.050.46-0.010.220.470.26-0.26-0.39-0.260.24-0.15-0.56-0.260.050.13-0.53-0.510.170.090.3-0.140.97
0.98-0.95-0.51-0.050.640.940.640.76-0.93-0.81-0.550.830.9-0.31-0.760.830.620.65-0.78-0.780.810.83-0.950.96-0.24
0.75-0.54-0.430.460.640.690.770.75-0.42-0.82-0.610.30.84-0.55-0.760.30.460.6-0.74-0.750.740.61-0.440.510.28
0.94-0.97-0.52-0.010.940.690.80.84-0.91-0.89-0.560.780.88-0.48-0.80.780.580.63-0.81-0.830.880.9-0.910.91-0.21
0.73-0.71-0.320.220.640.770.80.8-0.52-0.92-0.30.330.8-0.88-0.690.330.280.45-0.65-0.70.80.8-0.550.51-0.01
0.82-0.74-0.80.470.760.750.840.8-0.67-0.84-0.620.570.83-0.54-0.950.570.350.44-0.95-0.970.750.83-0.650.690.28
-0.850.960.490.26-0.93-0.42-0.91-0.52-0.670.640.5-0.96-0.70.220.63-0.96-0.51-0.480.680.69-0.65-0.740.99-0.970.4
-0.880.80.44-0.26-0.81-0.82-0.89-0.92-0.840.640.47-0.43-0.930.670.83-0.43-0.58-0.70.790.81-0.94-0.860.66-0.68-0.04
-0.60.460.53-0.39-0.55-0.61-0.56-0.3-0.620.50.47-0.5-0.57-0.090.71-0.5-0.43-0.350.730.7-0.47-0.550.43-0.56-0.32
0.73-0.84-0.51-0.260.830.30.780.330.57-0.96-0.43-0.50.54-0.05-0.551.00.40.33-0.62-0.620.450.57-0.930.93-0.36
0.97-0.82-0.490.240.90.840.880.80.83-0.7-0.93-0.570.54-0.49-0.830.540.580.69-0.81-0.820.890.88-0.730.780.02
-0.390.40.07-0.15-0.31-0.55-0.48-0.88-0.540.220.67-0.09-0.05-0.490.36-0.050.1-0.120.330.38-0.47-0.490.27-0.160.04
-0.830.680.83-0.56-0.76-0.76-0.8-0.69-0.950.630.830.71-0.55-0.830.36-0.55-0.55-0.60.990.99-0.79-0.760.6-0.71-0.4
0.73-0.84-0.51-0.260.830.30.780.330.57-0.96-0.43-0.51.00.54-0.05-0.550.40.33-0.62-0.620.450.57-0.930.93-0.36
0.64-0.57-0.310.050.620.460.580.280.35-0.51-0.58-0.430.40.580.1-0.550.40.96-0.53-0.50.770.43-0.510.63-0.03
0.7-0.6-0.320.130.650.60.630.450.44-0.48-0.7-0.350.330.69-0.12-0.60.330.96-0.56-0.550.860.5-0.510.620.01
-0.830.70.85-0.53-0.78-0.74-0.81-0.65-0.950.680.790.73-0.62-0.810.330.99-0.62-0.53-0.561.0-0.74-0.740.64-0.75-0.38
-0.840.720.84-0.51-0.78-0.75-0.83-0.7-0.970.690.810.7-0.62-0.820.380.99-0.62-0.5-0.551.0-0.76-0.760.66-0.75-0.35
0.87-0.82-0.420.170.810.740.880.80.75-0.65-0.94-0.470.450.89-0.47-0.790.450.770.86-0.74-0.760.85-0.680.72-0.03
0.87-0.86-0.450.090.830.610.90.80.83-0.74-0.86-0.550.570.88-0.49-0.760.570.430.5-0.74-0.760.85-0.750.74-0.12
-0.870.970.430.3-0.95-0.44-0.91-0.55-0.650.990.660.43-0.93-0.730.270.6-0.93-0.51-0.510.640.66-0.68-0.75-0.970.46
0.91-0.94-0.54-0.140.960.510.910.510.69-0.97-0.68-0.560.930.78-0.16-0.710.930.630.62-0.75-0.750.720.74-0.97-0.29
-0.10.39-0.50.97-0.240.28-0.21-0.010.280.4-0.04-0.32-0.360.020.04-0.4-0.36-0.030.01-0.38-0.35-0.03-0.120.46-0.29
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Australian Strategic Account Relationship Matchups

Australian Strategic fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets228.6M250.7M267.2M259.0M297.8M214.8M
Other Current Liab1.2M3.8M3.4M4.4M4.0M3.8M
Total Current Liabilities1.4M10.7M23.7M33.1M38.1M29.6M
Total Stockholder Equity202.5M199.6M215.9M204.6M235.3M125.3M
Other Liab26.1M24.6M23.2M27.2M31.2M27.3M
Net Tangible Assets(4.8M)197.9M196.0M213.4M245.4M257.7M
Property Plant And Equipment Net32.1M65.5M67.8M189.4M217.8M228.7M
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 Payable221K157K479K984K885.6K543.1K
Cash93.3M60.2M56.7M47.6M54.7M50.0M
Non Current Assets Total133.7M174.6M179.9M191.9M220.7M155.4M
Non Currrent Assets Other96.7M105.5M109.6M1.1M987.3K937.9K
Long Term Debt77.7M0.016.8M410K369K350.6K
Cash And Short Term Investments93.3M60.2M56.7M47.6M54.7M50.0M
Net Receivables392K761K3.6M653K751.0K819.6K
Common Stock Shares Outstanding114.6M139.8M312.4M169.3M194.7M166.8M
Liabilities And Stockholders Equity228.6M250.7M267.2M259.0M297.8M214.8M
Non Current Liabilities Total24.6M40.3M27.6M21.2M19.1M18.1M
Inventory824K13.6M26.4M17.8M20.4M21.4M
Other Current Assets347K1.5M649K1.0M1.2M1.2M
Total Liab26.0M51.0M51.3M54.4M48.9M65.0M
Total Current Assets94.9M76.1M87.3M67.0M77.1M59.4M
Accumulated Other Comprehensive Income12.3M12.3M15.0M13.8M12.4M18.4M
Common Stock207.2M228.4M268.3M283.4M325.9M342.2M
Property Plant Equipment118.2M128.2M168.4M177.1M203.7M144.5M

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