Aruma Selling General Administrative vs Total Current Assets Analysis

AAJ Stock

0.01 0 7.14%

Aruma Resources financial indicator trend analysis is way more than just evaluating Aruma Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aruma Resources is a good investment. Please check the relationship between Aruma Resources Selling General Administrative and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aruma Resources. 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 vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aruma Resources Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Aruma Resources' Selling General Administrative and Total Current Assets is 0.41. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Aruma Resources, assuming nothing else is changed. The correlation between historical values of Aruma Resources' Selling General Administrative 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 Selling General Administrative of Aruma Resources 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 Selling General Administrative i.e., Aruma Resources' Selling General Administrative and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Selling General Administrative

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 Aruma Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aruma Resources 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 Aruma Resources. 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 drop to about 557 K in 2024. Issuance Of Capital Stock is likely to drop to about 38 K in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	9.3K	30.6K	35.3K	37.1K
Cost Of Revenue	9.3K	30.6K	35.3K	33.6K

Depreciation And Amortization Cost Of Revenue

Aruma Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Investments	Inventory	Other Stockholder Equity	Non Currrent Assets Other	Short Term Debt	Net Tangible Assets
Total Assets		0.29	0.38	0.71	0.63	0.86	0.53	0.23	0.34	0.17	-0.25	-0.09	-0.85	-0.04	-0.19	0.98	-0.08	0.08	-0.22	0.98	0.07	0.23	-0.61	-0.02	0.22	0.88
Other Current Liab	0.29		0.99	-0.45	-0.29	0.35	-0.22	-0.22	0.99	-0.53	-0.06	0.16	-0.29	0.41	0.14	0.23	-0.52	-0.07	0.1	0.24	-0.2	0.17	0.11	-0.28	0.38	0.13
Total Current Liabilities	0.38	0.99		-0.38	-0.18	0.42	-0.16	-0.21	0.99	-0.5	-0.06	0.16	-0.36	0.4	0.13	0.31	-0.51	-0.07	0.09	0.32	-0.18	0.19	0.06	-0.28	0.39	0.2
Total Stockholder Equity	0.71	-0.45	-0.38		0.77	0.55	0.63	0.44	-0.42	0.54	-0.24	-0.23	-0.59	-0.37	-0.33	0.75	0.27	0.21	-0.3	0.74	0.21	0.13	-0.61	0.18	-0.07	0.74
Accounts Payable	0.63	-0.29	-0.18	0.77		0.45	0.52	0.22	-0.21	0.33	-0.06	-0.06	-0.49	-0.19	-0.12	0.65	0.17	-0.03	-0.17	0.63	0.22	0.14	-0.45	0.03	-0.03	0.52
Cash	0.86	0.35	0.42	0.55	0.45		0.26	0.49	0.39	0.33	-0.5	-0.34	-1.0	-0.3	-0.43	0.89	0.09	0.25	-0.41	0.89	-0.43	0.47	-0.72	0.21	-0.16	0.83
Net Receivables	0.53	-0.22	-0.16	0.63	0.52	0.26		0.13	-0.16	0.23	0.22	0.12	-0.27	-0.09	0.18	0.48	0.06	0.2	0.21	0.49	0.35	0.02	-0.27	-0.03	0.19	0.41
Common Stock Shares Outstanding	0.23	-0.22	-0.21	0.44	0.22	0.49	0.13		-0.22	0.79	-0.73	-0.7	-0.53	-0.93	-0.78	0.4	0.65	0.82	-0.6	0.4	-0.37	0.48	-0.45	0.52	-0.69	0.53
Total Liab	0.34	0.99	0.99	-0.42	-0.21	0.39	-0.16	-0.22		-0.5	-0.03	0.16	-0.33	0.39	0.16	0.26	-0.47	-0.11	0.11	0.27	-0.21	0.18	0.06	-0.25	0.35	0.15
Common Stock	0.17	-0.53	-0.5	0.54	0.33	0.33	0.23	0.79	-0.5		-0.57	-0.66	-0.37	-0.91	-0.67	0.28	0.92	0.47	-0.62	0.28	-0.25	0.14	-0.64	0.59	-0.78	0.44
Property Plant Equipment	-0.25	-0.06	-0.06	-0.24	-0.06	-0.5	0.22	-0.73	-0.03	-0.57		0.89	0.52	0.67	0.98	-0.42	-0.44	-0.49	0.94	-0.42	0.29	-0.38	0.57	-0.65	0.55	-0.45
Property Plant And Equipment Net	-0.09	0.16	0.16	-0.23	-0.06	-0.34	0.12	-0.7	0.16	-0.66	0.89		0.37	0.74	0.91	-0.25	-0.62	-0.42	0.88	-0.26	0.31	-0.36	0.59	-0.92	0.67	-0.28
Net Debt	-0.85	-0.29	-0.36	-0.59	-0.49	-1.0	-0.27	-0.53	-0.33	-0.37	0.52	0.37		0.35	0.46	-0.89	-0.13	-0.28	0.43	-0.9	0.43	-0.49	0.74	-0.24	0.2	-0.84
Retained Earnings	-0.04	0.41	0.4	-0.37	-0.19	-0.3	-0.09	-0.93	0.39	-0.91	0.67	0.74	0.35		0.75	-0.2	-0.85	-0.67	0.63	-0.2	0.37	-0.28	0.5	-0.61	0.86	-0.33
Non Current Assets Total	-0.19	0.14	0.13	-0.33	-0.12	-0.43	0.18	-0.78	0.16	-0.67	0.98	0.91	0.46	0.75		-0.38	-0.54	-0.51	0.95	-0.37	0.25	-0.36	0.58	-0.69	0.62	-0.43
Cash And Short Term Investments	0.98	0.23	0.31	0.75	0.65	0.89	0.48	0.4	0.26	0.28	-0.42	-0.25	-0.89	-0.2	-0.38		0.01	0.22	-0.37	1.0	0.03	0.31	-0.65	0.1	0.09	0.91
Common Stock Total Equity	-0.08	-0.52	-0.51	0.27	0.17	0.09	0.06	0.65	-0.47	0.92	-0.44	-0.62	-0.13	-0.85	-0.54	0.01		0.29	-0.5	0.01	-0.24	-0.01	-0.51	0.61	-0.85	0.16
Other Current Assets	0.08	-0.07	-0.07	0.21	-0.03	0.25	0.2	0.82	-0.11	0.47	-0.49	-0.42	-0.28	-0.67	-0.51	0.22	0.29		-0.3	0.21	-0.21	0.49	0.01	0.22	-0.35	0.39
Property Plant And Equipment Gross	-0.22	0.1	0.09	-0.3	-0.17	-0.41	0.21	-0.6	0.11	-0.62	0.94	0.88	0.43	0.63	0.95	-0.37	-0.5	-0.3		-0.37	0.2	-0.23	0.64	-0.68	0.55	-0.39
Total Current Assets	0.98	0.24	0.32	0.74	0.63	0.89	0.49	0.4	0.27	0.28	-0.42	-0.26	-0.9	-0.2	-0.37	1.0	0.01	0.21	-0.37		0.02	0.31	-0.66	0.11	0.08	0.91
Short Term Investments	0.07	-0.2	-0.18	0.21	0.22	-0.43	0.35	-0.37	-0.21	-0.25	0.29	0.31	0.43	0.37	0.25	0.03	-0.24	-0.21	0.2	0.02		-0.46	0.3	-0.31	0.6	-0.03
Inventory	0.23	0.17	0.19	0.13	0.14	0.47	0.02	0.48	0.18	0.14	-0.38	-0.36	-0.49	-0.28	-0.36	0.31	-0.01	0.49	-0.23	0.31	-0.46		-0.11	0.28	-0.22	0.33
Other Stockholder Equity	-0.61	0.11	0.06	-0.61	-0.45	-0.72	-0.27	-0.45	0.06	-0.64	0.57	0.59	0.74	0.5	0.58	-0.65	-0.51	0.01	0.64	-0.66	0.3	-0.11		-0.57	0.47	-0.56
Non Currrent Assets Other	-0.02	-0.28	-0.28	0.18	0.03	0.21	-0.03	0.52	-0.25	0.59	-0.65	-0.92	-0.24	-0.61	-0.69	0.1	0.61	0.22	-0.68	0.11	-0.31	0.28	-0.57		-0.63	0.12
Short Term Debt	0.22	0.38	0.39	-0.07	-0.03	-0.16	0.19	-0.69	0.35	-0.78	0.55	0.67	0.2	0.86	0.62	0.09	-0.85	-0.35	0.55	0.08	0.6	-0.22	0.47	-0.63		0.02
Net Tangible Assets	0.88	0.13	0.2	0.74	0.52	0.83	0.41	0.53	0.15	0.44	-0.45	-0.28	-0.84	-0.33	-0.43	0.91	0.16	0.39	-0.39	0.91	-0.03	0.33	-0.56	0.12	0.02

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Aruma Resources Account Relationship Matchups

Aruma Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5M	2.9M	4.9M	3.5M	2.4M	2.1M
Other Current Liab	39.1K	59.9K	169.6K	49.9K	23.5K	22.3K
Total Current Liabilities	136.2K	154.3K	595.1K	197.5K	157.3K	149.5K
Total Stockholder Equity	1.1M	2.7M	4.3M	3.3M	2.3M	2.3M
Accounts Payable	97.1K	94.3K	425.5K	125.8K	128.0K	156.4K
Cash	1.1M	2.7M	4.7M	3.2M	2.1M	2.0M
Net Receivables	61.7K	19.0K	57.0K	108.1K	35.1K	43.8K
Common Stock Shares Outstanding	45.8M	95.8M	132.8M	158.9M	196.4M	206.2M
Total Liab	425.8K	188.4K	595.1K	203.3K	157.3K	149.5K
Common Stock	13.4M	16.3M	20.7M	22.7M	22.6M	12.9M
Property Plant Equipment	321.6K	48.1K	38.5K	79.8K	71.8K	68.2K
Property Plant And Equipment Net	16.6K	28.1K	38.5K	79.8K	52.9K	50.3K
Net Debt	(1.1M)	(2.7M)	(4.7M)	(3.1M)	(2.1M)	(2.2M)
Retained Earnings	(12.4M)	(13.9M)	(17.2M)	(20.2M)	(21.1M)	(20.0M)
Non Current Assets Total	321.6K	48.1K	38.5K	79.8K	52.9K	50.3K
Cash And Short Term Investments	1.1M	2.7M	4.7M	3.3M	2.3M	2.4M
Liabilities And Stockholders Equity	1.5M	2.9M	4.9M	3.5M	2.4M	2.8M
Other Current Assets	7.0K	5.0K	6.5K	43.1K	52.0K	54.6K
Property Plant And Equipment Gross	321.6K	158.2K	38.5K	161.8K	170.3K	240.3K
Total Current Assets	1.2M	2.8M	4.8M	3.4M	2.4M	2.4M
Accumulated Other Comprehensive Income	67.8K	321.9K	778.9K	760.9K	749.1K	786.5K
Non Currrent Assets Other	305.0K	20.0K	(38.5K)	(79.8K)	(91.7K)	(96.3K)
Short Term Debt	409.6K	0.0	73.6K	21.8K	5.9K	5.6K
Net Tangible Assets	1.1M	2.7M	4.3M	3.3M	3.8M	2.2M
Cash And Equivalents	1.1M	2.7M	4.7M	3.2M	3.6M	1.9M
Net Invested Capital	1.1M	2.7M	4.3M	3.3M	2.3M	2.4M
Net Working Capital	1.1M	2.7M	4.2M	3.2M	2.2M	2.2M
Capital Stock	13.4M	16.3M	20.7M	22.7M	22.6M	19.9M

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