Auctus Total Stockholder Equity vs Total Current Assets Analysis

AVC Stock   0.48  0.07  12.73%   
Auctus Alternative financial indicator trend analysis is way more than just evaluating Auctus Alternative prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auctus Alternative is a good investment. Please check the relationship between Auctus Alternative Total Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auctus Alternative Investments. 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.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Auctus Alternative Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Auctus Alternative's Total Stockholder Equity and Total Current Assets is 0.86. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Auctus Alternative Investments, assuming nothing else is changed. The correlation between historical values of Auctus Alternative's Total Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Auctus Alternative Investments are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Auctus Alternative's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Auctus Alternative's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auctus Alternative 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 Auctus Alternative Investments. 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, Auctus Alternative's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 705.8 K in 2024, despite the fact that Tax Provision is likely to grow to (563.4 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses13.9M11.8M3.8M6.3M
Cost Of Revenue2.8M3.4M3.0M1.8M

Auctus Alternative fundamental ratios Correlations

0.840.660.570.990.140.32-0.52-0.62-0.250.670.950.660.340.650.910.550.780.20.850.560.860.90.490.060.96
0.840.680.690.780.020.12-0.2-0.50.080.40.840.390.270.450.70.60.840.080.640.720.670.790.420.00.86
0.660.680.960.55-0.280.52-0.14-0.620.120.270.610.270.310.670.680.550.9-0.210.610.520.70.810.49-0.360.64
0.570.690.960.45-0.310.43-0.04-0.540.370.180.540.180.30.580.590.50.88-0.250.510.590.60.720.43-0.380.58
0.990.780.550.450.180.23-0.61-0.59-0.320.730.920.730.340.640.90.530.660.240.860.50.860.830.50.110.93
0.140.02-0.28-0.310.18-0.160.080.39-0.2-0.080.25-0.09-0.4-0.23-0.15-0.01-0.10.99-0.05-0.1-0.11-0.02-0.190.820.05
0.320.120.520.430.23-0.160.1-0.44-0.13-0.060.37-0.050.240.390.43-0.30.57-0.110.160.170.270.56-0.26-0.220.35
-0.52-0.2-0.14-0.04-0.610.080.10.270.41-0.98-0.25-0.98-0.43-0.38-0.53-0.31-0.070.08-0.83-0.18-0.59-0.35-0.43-0.04-0.39
-0.62-0.5-0.62-0.54-0.590.39-0.440.270.03-0.36-0.58-0.39-0.35-0.9-0.85-0.29-0.570.35-0.53-0.16-0.83-0.71-0.420.62-0.61
-0.250.080.120.37-0.32-0.2-0.130.410.03-0.37-0.19-0.37-0.24-0.12-0.16-0.030.13-0.21-0.290.01-0.18-0.15-0.02-0.37-0.15
0.670.40.270.180.73-0.08-0.06-0.98-0.36-0.370.411.00.460.450.650.410.24-0.060.910.310.680.50.480.040.55
0.950.840.610.540.920.250.37-0.25-0.58-0.190.410.410.230.590.840.470.780.310.640.530.750.840.40.120.95
0.660.390.270.180.73-0.09-0.05-0.98-0.39-0.371.00.410.470.470.660.40.23-0.080.90.30.690.510.490.020.54
0.340.270.310.30.34-0.40.24-0.43-0.35-0.240.460.230.470.380.410.010.25-0.380.420.640.380.330.11-0.020.26
0.650.450.670.580.64-0.230.39-0.38-0.9-0.120.450.590.470.380.830.320.52-0.160.620.240.920.690.47-0.430.59
0.910.70.680.590.9-0.150.43-0.53-0.85-0.160.650.840.660.410.830.440.72-0.10.80.40.930.860.52-0.290.89
0.550.60.550.50.53-0.01-0.3-0.31-0.29-0.030.410.470.40.010.320.440.450.00.560.250.510.430.91-0.110.49
0.780.840.90.880.66-0.10.57-0.07-0.570.130.240.780.230.250.520.720.45-0.030.590.620.630.90.31-0.180.8
0.20.08-0.21-0.250.240.99-0.110.080.35-0.21-0.060.31-0.08-0.38-0.16-0.10.0-0.03-0.01-0.04-0.050.04-0.190.810.12
0.850.640.610.510.86-0.050.16-0.83-0.53-0.290.910.640.90.420.620.80.560.59-0.010.480.850.780.54-0.040.74
0.560.720.520.590.5-0.10.17-0.18-0.160.010.310.530.30.640.240.40.250.62-0.040.480.390.550.10.20.58
0.860.670.70.60.86-0.110.27-0.59-0.83-0.180.680.750.690.380.920.930.510.63-0.050.850.390.810.57-0.270.8
0.90.790.810.720.83-0.020.56-0.35-0.71-0.150.50.840.510.330.690.860.430.90.040.780.550.810.35-0.130.86
0.490.420.490.430.5-0.19-0.26-0.43-0.42-0.020.480.40.490.110.470.520.910.31-0.190.540.10.570.35-0.310.42
0.060.0-0.36-0.380.110.82-0.22-0.040.62-0.370.040.120.02-0.02-0.43-0.29-0.11-0.180.81-0.040.2-0.27-0.13-0.31-0.04
0.960.860.640.580.930.050.35-0.39-0.61-0.150.550.950.540.260.590.890.490.80.120.740.580.80.860.42-0.04
Click cells to compare fundamentals

Auctus Alternative Account Relationship Matchups

Auctus Alternative fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.4M27.0M40.0M41.6M34.4M36.1M
Short Long Term Debt Total106.9K32.9K2.4M2M1.6M1.7M
Other Current Liab1.5M1.4M2.3M4.8M3.2M1.8M
Total Current Liabilities1.9M1.6M3.1M5.5M4.2M2.5M
Total Stockholder Equity7.6M25.4M34.8M28.8M26.8M28.1M
Property Plant And Equipment Net116.3K61.7K2.7M2.5M1.9M1.4M
Current Deferred Revenue1.4M1.3M(2.5M)3.7M2.4M2.5M
Net Debt(1.7M)(14.5M)(8.2M)(4.1M)(1.4M)(1.5M)
Retained Earnings(21.2M)(19.4M)(20.8M)(21.2M)(19.2M)(20.1M)
Accounts Payable281.0K140.3K450K315K479K528.2K
Cash1.8M14.5M10.6M6.1M3.0M3.7M
Non Current Assets Total6.1M8.3M23.0M23.5M25.2M26.5M
Cash And Short Term Investments3.2M14.5M10.6M6.1M3.0M3.8M
Common Stock Shares Outstanding37.8M38.5M78.0M76.4M76.1M79.9M
Liabilities And Stockholders Equity9.4M27.0M40.0M41.6M34.4M36.1M
Other Current Assets111.0K116.8K1.3M599.0K197K266.9K
Total Liab1.9M1.7M5.3M12.8M7.6M8.0M
Property Plant And Equipment Gross116.3K196.5K2.8M3.0M3.0M1.5M
Total Current Assets3.3M18.7M17.0M18.1M9.2M6.4M
Accumulated Other Comprehensive Income2.2M2.6M7.5M7.7M2.9M3.0M
Short Term Debt70.0K32.9K352K421K464K235.4K
Common Stock26.6M42.2M48.1M42.3M43.0M25.7M
Net Receivables3.7M4.0M5.2M11.3M6.0M6.3M
Intangible Assets600.2K757.6K1.8M564K450K564.1K
Property Plant Equipment116.3K61.7K2.7M2.5M2.2M1.5M
Net Tangible Assets4.2M5.8M23.5M33.0M37.9M39.8M
Non Currrent Assets Other1.0(5.7M)(20.9M)2.6M2.6M2.7M
Other Assets2.3M2.6M2.1M2.4M34.4M36.1M
Non Current Liabilities Total37.0K83.2K2.1M7.3M3.5M2.1M
Other Stockholder Equity2.2M2.6M(1.0)(389K)(447.4K)(425.0K)
Long Term Investments2.0M3.7M16.3M14.7M19.1M20.0M
Net Invested Capital7.6M25.4M34.8M28.8M26.8M18.1M
Cash And Equivalents518.6K1.8M14.5M10.6M12.2M12.8M

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