Antipa Other Operating Expenses vs Net Income From Continuing Ops Analysis

AZY Stock   0.03  0.01  19.35%   
Antipa Minerals financial indicator trend analysis is way more than just evaluating Antipa Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antipa Minerals is a good investment. Please check the relationship between Antipa Minerals Other Operating Expenses and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antipa Minerals. 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 Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antipa Minerals Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Antipa Minerals' Other Operating Expenses and Net Income From Continuing Ops is -0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Antipa Minerals, assuming nothing else is changed. The correlation between historical values of Antipa Minerals' Other Operating Expenses and Net Income From Continuing Ops 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 Operating Expenses of Antipa Minerals are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Antipa Minerals' Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Antipa Minerals. It is also known as Antipa Minerals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

Most indicators from Antipa Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antipa Minerals 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 Antipa Minerals. 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 1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 12.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization107.6K103.1K18.7K17.8K
Total Revenue549.9K224.8K216.2K276.9K

Antipa Minerals fundamental ratios Correlations

0.640.581.00.470.510.760.620.60.990.130.49-0.54-0.970.960.570.550.770.980.960.560.251.0-0.940.780.95
0.640.920.580.770.80.050.90.930.570.66-0.13-0.83-0.540.460.670.840.680.550.460.840.670.57-0.670.60.6
0.580.920.510.960.940.020.971.00.490.55-0.13-0.96-0.410.350.530.960.530.450.350.970.890.51-0.610.470.55
1.00.580.510.40.440.80.550.531.00.080.53-0.48-0.980.980.550.490.760.990.980.490.181.0-0.930.770.94
0.470.770.960.40.95-0.020.920.950.380.41-0.11-0.96-0.270.220.380.960.360.310.230.960.960.4-0.50.330.44
0.510.80.940.440.95-0.010.920.930.420.43-0.07-0.98-0.320.260.40.980.470.370.260.980.90.44-0.50.460.46
0.760.050.020.8-0.02-0.010.060.040.8-0.520.74-0.01-0.790.860.190.020.390.790.860.02-0.180.8-0.670.440.72
0.620.90.970.550.920.920.060.970.530.54-0.03-0.94-0.450.40.490.950.570.480.40.950.850.55-0.620.530.59
0.60.931.00.530.950.930.040.970.520.55-0.13-0.95-0.440.380.570.960.560.480.380.960.870.53-0.650.50.57
0.990.570.491.00.380.420.80.530.520.080.54-0.46-0.990.980.540.470.770.990.980.470.151.0-0.920.780.94
0.130.660.550.080.410.43-0.520.540.550.08-0.46-0.47-0.1-0.010.470.470.420.1-0.010.480.350.07-0.180.350.12
0.49-0.13-0.130.53-0.11-0.070.74-0.03-0.130.54-0.460.04-0.50.57-0.39-0.040.170.520.57-0.04-0.240.53-0.260.270.37
-0.54-0.83-0.96-0.48-0.96-0.98-0.01-0.94-0.95-0.46-0.470.040.37-0.29-0.4-1.0-0.52-0.4-0.3-1.0-0.9-0.470.52-0.51-0.48
-0.97-0.54-0.41-0.98-0.27-0.32-0.79-0.45-0.44-0.99-0.1-0.50.37-0.98-0.58-0.38-0.81-0.99-0.98-0.38-0.04-0.980.9-0.81-0.93
0.960.460.350.980.220.260.860.40.380.98-0.010.57-0.29-0.980.520.310.70.981.00.310.00.98-0.90.720.92
0.570.670.530.550.380.40.190.490.570.540.47-0.39-0.4-0.580.520.420.620.570.520.420.260.55-0.730.550.64
0.550.840.960.490.960.980.020.950.960.470.47-0.04-1.0-0.380.310.420.540.420.311.00.90.48-0.530.520.5
0.770.680.530.760.360.470.390.570.560.770.420.17-0.52-0.810.70.620.540.790.70.540.170.75-0.710.970.78
0.980.550.450.990.310.370.790.480.480.990.10.52-0.4-0.990.980.570.420.790.980.420.080.98-0.920.80.92
0.960.460.350.980.230.260.860.40.380.98-0.010.57-0.3-0.981.00.520.310.70.980.310.00.98-0.90.720.92
0.560.840.970.490.960.980.020.950.960.470.48-0.04-1.0-0.380.310.421.00.540.420.310.90.49-0.540.520.5
0.250.670.890.180.960.9-0.180.850.870.150.35-0.24-0.9-0.040.00.260.90.170.080.00.90.18-0.320.130.25
1.00.570.511.00.40.440.80.550.531.00.070.53-0.47-0.980.980.550.480.750.980.980.490.18-0.930.770.94
-0.94-0.67-0.61-0.93-0.5-0.5-0.67-0.62-0.65-0.92-0.18-0.260.520.9-0.9-0.73-0.53-0.71-0.92-0.9-0.54-0.32-0.93-0.68-0.94
0.780.60.470.770.330.460.440.530.50.780.350.27-0.51-0.810.720.550.520.970.80.720.520.130.77-0.680.77
0.950.60.550.940.440.460.720.590.570.940.120.37-0.48-0.930.920.640.50.780.920.920.50.250.94-0.940.77
Click cells to compare fundamentals

Antipa Minerals Account Relationship Matchups

Antipa Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.5M72.9M63.9M71.2M81.0M85.1M
Other Current Liab1.8M4.2M2.6M1.5M1.1M1.2M
Total Current Liabilities2.4M11.0M3.8M2.3M2.1M2.4M
Total Stockholder Equity32.6M61.4M59.7M68.6M78.7M82.6M
Accounts Payable562.5K6.7M1.1M731.4K1.0M1.1M
Cash7.0M33.7M7.9M5.8M8.0M8.2M
Net Receivables272.2K1.3M537.3K291.6K423.5K354.7K
Total Liab2.9M11.5M4.2M2.6M2.4M2.5M
Common Stock42.8M72.8M73.1M84.6M96.6M101.4M
Property Plant Equipment28.1M37.8M55.4M461.3K530.5K503.9K
Property Plant And Equipment Net538.3K627.8K561.8K461.3K72.4M76.0M
Net Debt(6.4M)(33.1M)(7.4M)(5.4M)(7.7M)(8.1M)
Retained Earnings(14.0M)(17.5M)(23.4M)(26.6M)(29.1M)(27.6M)
Non Current Assets Total28.2M38.0M55.5M65.1M72.6M76.2M
Non Currrent Assets Other27.5M37.2M54.8M64.5M159.0K151.1K
Cash And Short Term Investments7.0M33.7M7.9M5.8M8.0M8.1M
Common Stock Shares Outstanding2.2B2.6B3.1B3.5B4.0B4.2B
Liabilities And Stockholders Equity35.5M72.9M63.9M71.2M81.0M85.1M
Property Plant And Equipment Gross28.1M38.2M55.9M65.5M73.1M76.8M
Total Current Assets7.3M34.9M8.4M6.1M8.5M8.5M
Accumulated Other Comprehensive Income3.8M6.1M10.0M10.6M11.2M11.7M
Net Tangible Assets32.6M61.4M59.7M68.6M78.8M82.8M
Other Stockholder Equity(28.8M)(55.3M)(49.7M)(58.0M)(52.2M)(49.6M)
Long Term Debt Total542.8K485.9K428.9K362.3K416.6K250.2K
Non Current Liabilities Total542.8K485.9K428.9K362.3K284.9K323.6K
Net Invested Capital32.6M61.4M59.7M68.6M78.7M52.3M
Net Working Capital4.9M23.9M4.6M3.8M6.4M8.6M
Short Long Term Debt Total590.5K542.8K485.9K419.3K341.8K396.1K
Current Deferred Revenue676.7K2.4M1.7M1.2M587.7K558.3K
Capital Stock42.8M72.8M73.1M84.6M96.6M75.0M

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