Austin Property Plant Equipment vs Retained Earnings Analysis

AUST Stock

USD 1.99 0.07 3.40%

Austin Gold financial indicator trend analysis is way more than just evaluating Austin Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Austin Gold Corp is a good investment. Please check the relationship between Austin Gold Property Plant Equipment and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austin Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austin Gold Corp Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Austin Gold's Property Plant Equipment and Retained Earnings is -0.81. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Austin Gold Corp, assuming nothing else is changed. The correlation between historical values of Austin Gold's Property Plant Equipment 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 Property Plant Equipment of Austin Gold Corp 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 Property Plant Equipment i.e., Austin Gold's Property Plant Equipment and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

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Property Plant Equipment

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 Austin Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austin Gold Corp 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 Austin Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Tax Provision is likely to gain to 162.75 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	283.6K	1.7M	3.0M	1.8M
Cost Of Revenue	768.62	527.0	354.0	420.26

Total Operating Expenses Cost Of Revenue

Austin Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment
Total Assets		0.71	0.65	1.0	0.92	0.95	0.87	-0.74	-0.87	0.96	-0.51	1.0	0.99	0.48	-0.77	1.0	-0.87	0.65	1.0	-0.91	0.95	1.0	0.99	1.0	0.99	0.91
Other Current Liab	0.71		0.67	0.69	0.75	0.56	0.35	-0.7	-0.36	0.56	-0.56	0.72	0.72	0.61	-0.21	0.71	-0.57	0.67	0.7	-0.54	0.56	0.72	0.74	0.72	0.74	0.53
Total Current Liabilities	0.65	0.67		0.63	0.88	0.73	0.67	-0.99	-0.68	0.73	-0.95	0.63	0.72	0.89	-0.65	0.69	-0.89	1.0	0.62	-0.81	0.73	0.63	0.73	0.6	0.73	0.73
Total Stockholder Equity	1.0	0.69	0.63		0.91	0.95	0.87	-0.72	-0.87	0.95	-0.5	1.0	0.98	0.47	-0.77	0.99	-0.86	0.63	1.0	-0.91	0.95	1.0	0.98	1.0	0.98	0.9
Net Tangible Assets	0.92	0.75	0.88	0.91		0.92	0.85	-0.93	-0.86	0.93	-0.81	0.91	0.94	0.77	-0.78	0.93	-0.96	0.88	0.91	-0.95	0.92	0.91	0.94	0.9	0.94	0.88
Property Plant And Equipment Net	0.95	0.56	0.73	0.95	0.92		0.97	-0.81	-0.97	1.0	-0.59	0.94	0.97	0.5	-0.92	0.97	-0.95	0.73	0.95	-0.98	1.0	0.94	0.97	0.93	0.97	0.98
Net Debt	0.87	0.35	0.67	0.87	0.85	0.97		-0.75	-1.0	0.97	-0.57	0.85	0.89	0.46	-0.98	0.89	-0.93	0.67	0.87	-0.97	0.97	0.85	0.88	0.84	0.88	0.95
Retained Earnings	-0.74	-0.7	-0.99	-0.72	-0.93	-0.81	-0.75		0.76	-0.82	0.91	-0.72	-0.81	-0.84	0.72	-0.78	0.94	-0.99	-0.72	0.88	-0.81	-0.72	-0.81	-0.69	-0.81	-0.81
Cash	-0.87	-0.36	-0.68	-0.87	-0.86	-0.97	-1.0	0.76		-0.97	0.58	-0.85	-0.89	-0.48	0.98	-0.89	0.93	-0.68	-0.87	0.97	-0.97	-0.85	-0.88	-0.84	-0.88	-0.95
Non Current Assets Total	0.96	0.56	0.73	0.95	0.93	1.0	0.97	-0.82	-0.97		-0.6	0.94	0.97	0.52	-0.92	0.97	-0.95	0.73	0.95	-0.98	1.0	0.94	0.97	0.93	0.97	0.98
Non Currrent Assets Other	-0.51	-0.56	-0.95	-0.5	-0.81	-0.59	-0.57	0.91	0.58	-0.6		-0.49	-0.56	-0.98	0.55	-0.53	0.81	-0.95	-0.5	0.72	-0.59	-0.5	-0.57	-0.47	-0.57	-0.55
Cash And Short Term Investments	1.0	0.72	0.63	1.0	0.91	0.94	0.85	-0.72	-0.85	0.94	-0.49		0.98	0.47	-0.74	0.99	-0.85	0.63	1.0	-0.9	0.94	1.0	0.98	1.0	0.98	0.89
Net Receivables	0.99	0.72	0.72	0.98	0.94	0.97	0.89	-0.81	-0.89	0.97	-0.56	0.98		0.51	-0.8	1.0	-0.91	0.72	0.98	-0.94	0.97	0.98	1.0	0.97	1.0	0.95
Common Stock Shares Outstanding	0.48	0.61	0.89	0.47	0.77	0.5	0.46	-0.84	-0.48	0.52	-0.98	0.47	0.51		-0.41	0.49	-0.72	0.89	0.47	-0.64	0.5	0.47	0.52	0.46	0.52	0.43
Inventory	-0.77	-0.21	-0.65	-0.77	-0.78	-0.92	-0.98	0.72	0.98	-0.92	0.55	-0.74	-0.8	-0.41		-0.79	0.9	-0.65	-0.76	0.93	-0.92	-0.75	-0.79	-0.72	-0.79	-0.92
Other Current Assets	1.0	0.71	0.69	0.99	0.93	0.97	0.89	-0.78	-0.89	0.97	-0.53	0.99	1.0	0.49	-0.79		-0.89	0.69	0.99	-0.93	0.97	0.99	1.0	0.99	1.0	0.94
Other Stockholder Equity	-0.87	-0.57	-0.89	-0.86	-0.96	-0.95	-0.93	0.94	0.93	-0.95	0.81	-0.85	-0.91	-0.72	0.9	-0.89		-0.89	-0.85	0.99	-0.95	-0.85	-0.9	-0.82	-0.9	-0.93
Total Liab	0.65	0.67	1.0	0.63	0.88	0.73	0.67	-0.99	-0.68	0.73	-0.95	0.63	0.72	0.89	-0.65	0.69	-0.89		0.62	-0.81	0.73	0.63	0.73	0.6	0.73	0.73
Net Invested Capital	1.0	0.7	0.62	1.0	0.91	0.95	0.87	-0.72	-0.87	0.95	-0.5	1.0	0.98	0.47	-0.76	0.99	-0.85	0.62		-0.9	0.95	1.0	0.98	1.0	0.98	0.9
Long Term Investments	-0.91	-0.54	-0.81	-0.91	-0.95	-0.98	-0.97	0.88	0.97	-0.98	0.72	-0.9	-0.94	-0.64	0.93	-0.93	0.99	-0.81	-0.9		-0.98	-0.9	-0.93	-0.88	-0.93	-0.95
Property Plant And Equipment Gross	0.95	0.56	0.73	0.95	0.92	1.0	0.97	-0.81	-0.97	1.0	-0.59	0.94	0.97	0.5	-0.92	0.97	-0.95	0.73	0.95	-0.98		0.94	0.97	0.93	0.97	0.98
Total Current Assets	1.0	0.72	0.63	1.0	0.91	0.94	0.85	-0.72	-0.85	0.94	-0.5	1.0	0.98	0.47	-0.75	0.99	-0.85	0.63	1.0	-0.9	0.94		0.98	1.0	0.98	0.9
Capital Stock	0.99	0.74	0.73	0.98	0.94	0.97	0.88	-0.81	-0.88	0.97	-0.57	0.98	1.0	0.52	-0.79	1.0	-0.9	0.73	0.98	-0.93	0.97	0.98		0.97	1.0	0.94
Net Working Capital	1.0	0.72	0.6	1.0	0.9	0.93	0.84	-0.69	-0.84	0.93	-0.47	1.0	0.97	0.46	-0.72	0.99	-0.82	0.6	1.0	-0.88	0.93	1.0	0.97		0.97	0.87
Common Stock	0.99	0.74	0.73	0.98	0.94	0.97	0.88	-0.81	-0.88	0.97	-0.57	0.98	1.0	0.52	-0.79	1.0	-0.9	0.73	0.98	-0.93	0.97	0.98	1.0	0.97		0.94
Property Plant Equipment	0.91	0.53	0.73	0.9	0.88	0.98	0.95	-0.81	-0.95	0.98	-0.55	0.89	0.95	0.43	-0.92	0.94	-0.93	0.73	0.9	-0.95	0.98	0.9	0.94	0.87	0.94

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Austin Property Plant Equipment vs Retained Earnings Analysis

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Retained Earnings

Austin Gold fundamental ratios Correlations

Austin Gold Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets

Cash	- 1.0	Net Debt
Total Liab	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Current Liabilities
Property Plant And Equipment Gross	- 0.98	Long Term Investments
Common Stock Shares Outstanding	- 0.98	Non Currrent Assets Other
Long Term Investments	- 0.98	Non Current Assets Total