Anson Other Current Assets vs Retained Earnings Analysis

ASN Stock   0.06  0  3.33%   
Anson Resources financial indicator trend analysis is way more than just evaluating Anson Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anson Resources is a good investment. Please check the relationship between Anson Resources Other Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anson 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.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anson Resources Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Anson Resources' Other Current Assets and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Anson Resources, assuming nothing else is changed. The correlation between historical values of Anson Resources' Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Anson Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Anson Resources' Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Anson Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anson 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 Anson 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.
Selling General Administrative is likely to gain to about 9.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 33.9 K in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue730.0300.7K270.6K284.2K
Cost Of Revenue127.6K286.1K565.9K594.2K

Anson Resources fundamental ratios Correlations

0.30.561.00.690.71-0.30.860.760.990.980.77-0.72-0.910.910.710.690.910.90.720.880.980.94-0.160.53-0.87
0.30.780.250.540.27-0.320.580.690.360.150.06-0.18-0.480.250.280.580.240.110.270.60.190.490.040.37-0.33
0.560.780.50.780.24-0.210.840.960.660.450.47-0.15-0.820.610.240.80.340.490.240.880.490.790.320.69-0.64
1.00.250.50.650.73-0.290.830.720.980.980.76-0.74-0.880.90.730.650.920.90.730.850.990.91-0.190.49-0.85
0.690.540.780.650.08-0.350.840.850.750.690.84-0.06-0.80.870.090.810.390.80.090.820.710.810.010.46-0.49
0.710.270.240.730.08-0.20.520.390.650.610.11-0.99-0.560.361.00.360.910.361.00.550.610.58-0.140.31-0.74
-0.3-0.32-0.21-0.29-0.35-0.2-0.37-0.26-0.28-0.3-0.220.190.26-0.29-0.21-0.34-0.33-0.27-0.21-0.31-0.31-0.290.220.10.13
0.860.580.840.830.840.52-0.370.940.920.80.69-0.48-0.960.840.520.920.720.770.530.970.820.960.190.62-0.8
0.760.690.960.720.850.39-0.260.940.840.680.64-0.32-0.940.790.390.860.550.690.390.970.710.930.220.72-0.78
0.990.360.660.980.750.65-0.280.920.840.960.79-0.65-0.960.930.660.760.860.90.660.930.970.98-0.030.6-0.89
0.980.150.450.980.690.61-0.30.80.680.960.85-0.63-0.860.940.610.650.860.960.610.81.00.89-0.190.47-0.79
0.770.060.470.760.840.11-0.220.690.640.790.85-0.14-0.740.960.120.570.470.970.130.690.850.76-0.150.4-0.54
-0.72-0.18-0.15-0.74-0.06-0.990.19-0.48-0.32-0.65-0.63-0.140.52-0.38-0.99-0.31-0.93-0.39-0.99-0.51-0.63-0.550.19-0.260.71
-0.91-0.48-0.82-0.88-0.8-0.560.26-0.96-0.94-0.96-0.86-0.740.52-0.89-0.56-0.85-0.75-0.83-0.56-0.98-0.87-0.99-0.18-0.690.89
0.910.250.610.90.870.36-0.290.840.790.930.940.96-0.38-0.890.370.70.670.990.370.850.950.91-0.130.52-0.72
0.710.280.240.730.091.0-0.210.520.390.660.610.12-0.99-0.560.370.370.920.361.00.550.610.58-0.140.31-0.74
0.690.580.80.650.810.36-0.340.920.860.760.650.57-0.31-0.850.70.370.570.630.370.850.660.850.360.57-0.6
0.910.240.340.920.390.91-0.330.720.550.860.860.47-0.93-0.750.670.920.570.680.920.720.860.78-0.160.4-0.81
0.90.110.490.90.80.36-0.270.770.690.90.960.97-0.39-0.830.990.360.630.680.370.770.960.85-0.180.45-0.68
0.720.270.240.730.091.0-0.210.530.390.660.610.13-0.99-0.560.371.00.370.920.370.560.620.58-0.130.32-0.74
0.880.60.880.850.820.55-0.310.970.970.930.80.69-0.51-0.980.850.550.850.720.770.560.830.970.120.64-0.85
0.980.190.490.990.710.61-0.310.820.710.971.00.85-0.63-0.870.950.610.660.860.960.620.830.9-0.20.48-0.8
0.940.490.790.910.810.58-0.290.960.930.980.890.76-0.55-0.990.910.580.850.780.850.580.970.90.110.68-0.89
-0.160.040.32-0.190.01-0.140.220.190.22-0.03-0.19-0.150.19-0.18-0.13-0.140.36-0.16-0.18-0.130.12-0.20.110.37-0.17
0.530.370.690.490.460.310.10.620.720.60.470.4-0.26-0.690.520.310.570.40.450.320.640.480.680.37-0.72
-0.87-0.33-0.64-0.85-0.49-0.740.13-0.8-0.78-0.89-0.79-0.540.710.89-0.72-0.74-0.6-0.81-0.68-0.74-0.85-0.8-0.89-0.17-0.72
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Anson Resources Account Relationship Matchups

Anson Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1M6.1M16.3M59.7M54.6M57.3M
Other Current Liab932.0K211.5K3.0M940.7K662.3K491.5K
Total Current Liabilities2.1M2.9M5.1M1.5M3.0M3.2M
Total Stockholder Equity1.7M2.9M10.7M56.5M49.7M52.1M
Accounts Payable483.3K275.7K1.0M144.9K1.5M1.5M
Cash568.3K2.2M5.7M38.6M8.2M5.1M
Net Receivables3.2K23.8K21.5K10.2K9.2K14.8K
Common Stock Shares Outstanding597.8M835.2M991.3M1.1B1.3B1.3B
Total Liab2.4M3.2M5.6M3.2M4.9M5.2M
Common Stock21.8M26.7M37.1M94.9M97.5M102.4M
Property Plant Equipment193.1K201.4K450.3K17.5M20.1M21.1M
Property Plant And Equipment Net193.1K201.4K450.3K2.2M43.4M45.6M
Net Debt783.6K234.7K(1.9M)(37.2M)(6.8M)(6.5M)
Retained Earnings(22.2M)(26.7M)(30.2M)(42.4M)(52.3M)(49.7M)
Non Current Assets Total3.5M3.7M10.4M19.1M45.5M47.8M
Cash And Short Term Investments568.3K2.2M5.7M38.6M8.2M5.1M
Liabilities And Stockholders Equity4.1M6.1M16.3M59.7M54.6M57.3M
Other Current Assets47.5K87.9K137.5K2.0M881.6K925.7K
Property Plant And Equipment Gross193.1K535.0K940.2K18.3M44.8M47.0M
Total Current Assets639.6K2.3M5.9M40.7M9.1M5.4M
Accumulated Other Comprehensive Income2.0M2.9M3.9M4.1M4.4M4.6M
Inventory(3.2K)37.8K78.2K127.8K147.0K154.3K
Net Tangible Assets1.7M2.9M7.4M56.5M65.0M68.2M
Non Currrent Assets Other666.7K611.6K941.9K1.4M1.6M1.7M
Other Stockholder Equity1.0(4.0K)(6.8K)(52.4K)15.6K16.4K
Short Term Investments(94.7K)(130.5K)(104.1K)(358.7K)(235.7K)(223.9K)
Long Term Debt Total50.3K24.8K168.7K1.0M1.2M1.2M
Non Current Liabilities Total344.4K303.2K493.0K1.7M1.9M2.0M
Long Term Investments94.8K130.6K104.2K358.8K215.9K142.8K
Cash And Equivalents568.3K2.2M5.7M38.6M44.4M46.7M
Short Term Debt666.4K2.4M1.0M458.4K886.2K680.1K
Short Long Term Debt Total1.4M2.5M3.9M1.5M1.4M1.5M
Current Deferred Revenue930.4K1.9M2.0939.3K173.2K164.6K
Capital Lease Obligations162.8K88.2K276.5K1.5M1.1M1.1M
Net Invested Capital2.2M3.5M8.3M56.5M50.0M52.5M
Net Working Capital(1.4M)(587.8K)813.2K39.1M6.1M6.4M
Intangible Assets2.5M2.8M8.9M15.3M17.6M18.4M

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