| XLY Stock | | | CAD 0.05 0.01 25.00% |
Auxly Cannabis financial indicator trend analysis is way more than just evaluating Auxly Cannabis Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auxly Cannabis Group is a good investment. Please check the relationship between Auxly Cannabis Total Assets and its Property Plant And Equipment Net accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Auxly Cannabis Group. 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 Assets vs Property Plant And Equipment Net
Total Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Auxly Cannabis Group Total Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Auxly Cannabis' Total Assets and Property Plant And Equipment Net is 0.75. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Auxly Cannabis Group, assuming nothing else is changed. The correlation between historical values of Auxly Cannabis' Total Assets and Property Plant And Equipment Net 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 Assets of Auxly Cannabis Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Auxly Cannabis' Total Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Auxly Cannabis assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Auxly Cannabis Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Auxly Cannabis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auxly Cannabis Group 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Auxly Cannabis Group. 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, Auxly Cannabis'
Selling General Administrative is very stable compared to the past year. As of the 18th of January 2025,
Discontinued Operations is likely to grow to about 14.7
M, while
Tax Provision is likely to drop (3.1
M).
Auxly Cannabis fundamental ratios Correlations
Click cells to compare fundamentals
Auxly Cannabis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Auxly Cannabis fundamental ratios Accounts
Other Information on Investing in Auxly Stock
Balance Sheet is a snapshot of the
financial position of Auxly Cannabis Group at a specified time, usually calculated after every quarter, six months, or one year. Auxly Cannabis Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Auxly Cannabis 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 Auxly currently owns. An asset can also be divided into two categories, current and non-current.