Aura Short Term Investments vs Non Currrent Assets Other Analysis
ORA Stock | CAD 16.87 0.34 2.06% |
Aura Minerals financial indicator trend analysis is way more than just evaluating Aura Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aura Minerals is a good investment. Please check the relationship between Aura Minerals Short Term Investments and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura 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.
Short Term Investments vs Non Currrent Assets Other
Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aura Minerals Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aura Minerals' Short Term Investments and Non Currrent Assets Other is -0.46. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aura Minerals, assuming nothing else is changed. The correlation between historical values of Aura Minerals' Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Aura Minerals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Investments i.e., Aura Minerals' Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Aura Minerals balance sheet. It contains any investments Aura Minerals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Aura Minerals can easily liquidate in the marketplace.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Aura Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aura 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura 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. At this time, Aura Minerals' Discontinued Operations is very stable compared to the past year. As of the 4th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Selling General Administrative is likely to drop about 15 M.
Aura Minerals fundamental ratios Correlations
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Aura Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aura Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 26.8M | 63.8M | 83.4M | 25.1M | 25.0M | 20.4M | |
Total Current Liabilities | 87.4M | 120.7M | 146.6M | 161.1M | 201.5M | 211.6M | |
Total Stockholder Equity | 195.6M | 312.7M | 272.3M | 310.1M | 314.8M | 160.4M | |
Retained Earnings | (434.5M) | (366.0M) | (408.1M) | (361.9M) | (401.5M) | (381.4M) | |
Accounts Payable | 34.6M | 38.3M | 39.6M | 46.9M | 57.4M | 60.3M | |
Common Stock Shares Outstanding | 65.9M | 69.1M | 72.5M | 72.6M | 72.6M | 76.2M | |
Other Stockholder Equity | 55.4M | 55.9M | 55.0M | 55.3M | 55.5M | 52.7M | |
Total Liab | 154.9M | 223.5M | 320.2M | 417.2M | 609.0M | 639.5M | |
Common Stock Total Equity | 548.2M | 569.1M | 569.3M | 618.1M | 710.8M | 550.9M | |
Common Stock | 569.3M | 618.1M | 621.1M | 612.0M | 655.6M | 583.6M | |
Total Assets | 350.5M | 536.2M | 592.5M | 727.3M | 923.8M | 970.0M | |
Net Debt | 4.1M | (44.4M) | (2.3M) | 125.4M | 134.9M | 141.7M | |
Cash | 38.9M | 117.8M | 161.5M | 127.9M | 237.3M | 249.2M | |
Cash And Short Term Investments | 38.9M | 117.8M | 161.5M | 127.9M | 237.3M | 249.2M | |
Liabilities And Stockholders Equity | 350.5M | 536.2M | 592.5M | 727.3M | 923.8M | 970.0M | |
Other Current Assets | 6.4M | 49.6M | 44.5M | 55.4M | 89.7M | 94.2M | |
Total Current Assets | 110.2M | 217.4M | 272.5M | 247.6M | 378.9M | 397.9M | |
Property Plant And Equipment Net | 212.5M | 271.2M | 285.8M | 378.5M | 488.7M | 513.2M | |
Non Current Assets Total | 240.3M | 318.8M | 320.0M | 479.7M | 544.9M | 572.1M | |
Net Receivables | 31.5M | 3.5M | 8.8M | 54.5M | 5.3M | 5.0M | |
Property Plant And Equipment Gross | 212.5M | 271.2M | 674.5M | 786.1M | 944.8M | 992.0M | |
Accumulated Other Comprehensive Income | 5.4M | 4.8M | 4.2M | 4.7M | 5.2M | 5.4M | |
Short Term Investments | 849K | 1.1M | 1.1M | 474K | 426.6K | 405.3K | |
Non Current Liabilities Total | 67.5M | 102.8M | 173.6M | 256.0M | 407.5M | 427.9M | |
Inventory | 33.5M | 46.5M | 56.6M | 43.0M | 46.7M | 44.5M | |
Short Term Debt | 22.1M | 1.9M | 632K | 85.6M | 96.8M | 101.7M | |
Non Currrent Assets Other | 9.8M | 10.2M | 13.3M | 15.7M | 56.2M | 59.0M | |
Other Assets | 27.8M | 47.7M | 34.2M | 41.2M | 47.4M | 49.8M | |
Short Long Term Debt Total | 43.5M | 73.4M | 159.1M | 253.3M | 372.2M | 390.9M | |
Current Deferred Revenue | 3.9M | 13.0M | 5.2M | 4.9M | 5.6M | 5.4M | |
Other Liab | 46.1M | 59.8M | 70.5M | 88.3M | 101.6M | 52.7M | |
Net Tangible Assets | 195.6M | 312.7M | 272.3M | 310.1M | 356.6M | 189.1M | |
Property Plant Equipment | 212.5M | 271.2M | 285.8M | 378.5M | 435.3M | 457.1M | |
Long Term Debt | 20.9M | 41.9M | 99.9M | 140.8M | 250.7M | 263.3M | |
Long Term Debt Total | 21.4M | 43.0M | 100.3M | 167.7M | 192.9M | 202.5M | |
Capital Surpluse | 55.4M | 55.9M | 55.0M | 55.3M | 63.6M | 60.6M | |
Non Current Liabilities Other | 744K | 560K | 1.0M | (1K) | (900.0) | (855.0) | |
Cash And Equivalents | 38.9M | 117.8M | 161.5M | 127.9M | 147.1M | 75.3M | |
Net Invested Capital | 216.5M | 354.7M | 372.1M | 451.0M | 565.5M | 357.6M |
Other Information on Investing in Aura Stock
Balance Sheet is a snapshot of the financial position of Aura Minerals at a specified time, usually calculated after every quarter, six months, or one year. Aura Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aura Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aura currently owns. An asset can also be divided into two categories, current and non-current.