Astral Property Plant Equipment vs Net Receivables Analysis

AAR Stock

0.14 0.01 6.67%

Astral Resources financial indicator trend analysis is way more than just evaluating Astral Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Astral Resources is a good investment. Please check the relationship between Astral Resources Property Plant Equipment and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astral Resources NL. 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.

Property Plant Equipment vs Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Astral Resources Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Astral Resources' Property Plant Equipment and Net Receivables is 0.61. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Astral Resources NL, assuming nothing else is changed. The correlation between historical values of Astral Resources' Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Astral Resources NL are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Astral Resources' Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant Equipment

Net Receivables

Most indicators from Astral Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astral 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 Astral Resources NL. 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 795.8 K in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 9.2 M in 2025.

Astral Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Non Current Liabilities Total	Other Liab	Long Term Debt
Total Assets		0.66	0.79	1.0	0.8	-0.77	-0.9	0.21	0.83	0.99	0.32	0.83	0.57	0.78	0.94	0.54	0.83	0.98	0.84	0.98	0.1	0.57	0.02	0.88	0.36	-0.37
Other Current Liab	0.66		0.88	0.65	0.33	-0.47	-0.65	0.42	0.49	0.67	0.56	0.49	0.41	0.6	0.68	0.28	0.88	0.67	0.5	0.65	0.06	0.95	-0.1	0.65	0.22	-0.24
Total Current Liabilities	0.79	0.88		0.77	0.39	-0.5	-0.86	0.52	0.53	0.81	0.7	0.53	0.59	0.6	0.72	0.59	1.0	0.77	0.54	0.82	0.01	0.8	-0.04	0.68	0.41	-0.2
Total Stockholder Equity	1.0	0.65	0.77		0.81	-0.77	-0.89	0.2	0.83	0.99	0.31	0.83	0.56	0.78	0.94	0.53	0.81	0.98	0.85	0.98	0.1	0.55	0.02	0.88	0.35	-0.38
Property Plant And Equipment Net	0.8	0.33	0.39	0.81		-0.49	-0.56	-0.13	0.61	0.81	-0.29	0.61	0.29	0.53	0.75	0.35	0.44	0.82	0.61	0.75	0.2	0.23	0.12	0.69	0.08	-0.34
Net Debt	-0.77	-0.47	-0.5	-0.77	-0.49		0.75	0.1	-0.98	-0.68	-0.31	-0.98	-0.33	-0.67	-0.72	-0.43	-0.56	-0.66	-0.98	-0.76	-0.05	-0.53	0.06	-0.8	-0.43	0.28
Retained Earnings	-0.9	-0.65	-0.86	-0.89	-0.56	0.75		-0.26	-0.76	-0.88	-0.54	-0.76	-0.64	-0.73	-0.76	-0.68	-0.89	-0.84	-0.77	-0.96	-0.01	-0.59	0.03	-0.85	-0.45	0.34
Accounts Payable	0.21	0.42	0.52	0.2	-0.13	0.1	-0.26		-0.1	0.28	0.67	-0.1	0.4	0.32	0.18	0.05	0.49	0.33	-0.09	0.21	0.25	0.25	0.3	0.15	0.13	-0.26
Cash	0.83	0.49	0.53	0.83	0.61	-0.98	-0.76	-0.1		0.75	0.25	1.0	0.36	0.72	0.79	0.44	0.58	0.73	1.0	0.82	0.09	0.53	-0.03	0.83	0.36	-0.33
Non Current Assets Total	0.99	0.67	0.81	0.99	0.81	-0.68	-0.88	0.28	0.75		0.33	0.75	0.59	0.75	0.92	0.54	0.84	0.99	0.76	0.97	0.1	0.54	0.03	0.85	0.34	-0.37
Non Currrent Assets Other	0.32	0.56	0.7	0.31	-0.29	-0.31	-0.54	0.67	0.25	0.33		0.25	0.49	0.37	0.3	0.32	0.68	0.3	0.26	0.39	-0.16	0.52	-0.15	0.29	0.43	-0.05
Cash And Short Term Investments	0.83	0.49	0.53	0.83	0.61	-0.98	-0.76	-0.1	1.0	0.75	0.25		0.36	0.72	0.79	0.44	0.58	0.73	1.0	0.82	0.09	0.53	-0.03	0.83	0.36	-0.33
Net Receivables	0.57	0.41	0.59	0.56	0.29	-0.33	-0.64	0.4	0.36	0.59	0.49	0.36		0.54	0.62	0.38	0.62	0.59	0.38	0.61	0.02	0.35	-0.15	0.65	0.51	-0.09
Common Stock Total Equity	0.78	0.6	0.6	0.78	0.53	-0.67	-0.73	0.32	0.72	0.75	0.37	0.72	0.54		0.71	0.09	0.65	0.79	0.72	0.78	0.34	0.52	0.08	0.88	-0.04	-0.79
Common Stock Shares Outstanding	0.94	0.68	0.72	0.94	0.75	-0.72	-0.76	0.18	0.79	0.92	0.3	0.79	0.62	0.71		0.37	0.76	0.93	0.8	0.88	0.01	0.6	-0.16	0.84	0.43	-0.21
Other Stockholder Equity	0.54	0.28	0.59	0.53	0.35	-0.43	-0.68	0.05	0.44	0.54	0.32	0.44	0.38	0.09	0.37		0.59	0.45	0.45	0.62	-0.09	0.3	0.15	0.37	0.59	0.21
Total Liab	0.83	0.88	1.0	0.81	0.44	-0.56	-0.89	0.49	0.58	0.84	0.68	0.58	0.62	0.65	0.76	0.59		0.81	0.6	0.86	0.03	0.8	-0.04	0.73	0.42	-0.23
Property Plant And Equipment Gross	0.98	0.67	0.77	0.98	0.82	-0.66	-0.84	0.33	0.73	0.99	0.3	0.73	0.59	0.79	0.93	0.45	0.81		0.75	0.95	0.17	0.53	0.06	0.86	0.29	-0.42
Total Current Assets	0.84	0.5	0.54	0.85	0.61	-0.98	-0.77	-0.09	1.0	0.76	0.26	1.0	0.38	0.72	0.8	0.45	0.6	0.75		0.83	0.09	0.54	-0.03	0.84	0.37	-0.33
Common Stock	0.98	0.65	0.82	0.98	0.75	-0.76	-0.96	0.21	0.82	0.97	0.39	0.82	0.61	0.78	0.88	0.62	0.86	0.95	0.83		0.07	0.57	0.0	0.89	0.37	-0.39
Short Long Term Debt Total	0.1	0.06	0.01	0.1	0.2	-0.05	-0.01	0.25	0.09	0.1	-0.16	0.09	0.02	0.34	0.01	-0.09	0.03	0.17	0.09	0.07		0.09	0.79	0.28	-0.28	-0.49
Current Deferred Revenue	0.57	0.95	0.8	0.55	0.23	-0.53	-0.59	0.25	0.53	0.54	0.52	0.53	0.35	0.52	0.6	0.3	0.8	0.53	0.54	0.57	0.09		-0.1	0.63	0.27	-0.14
Short Term Debt	0.02	-0.1	-0.04	0.02	0.12	0.06	0.03	0.3	-0.03	0.03	-0.15	-0.03	-0.15	0.08	-0.16	0.15	-0.04	0.06	-0.03	0.0	0.79	-0.1		0.07	-0.15	-0.35
Non Current Liabilities Total	0.88	0.65	0.68	0.88	0.69	-0.8	-0.85	0.15	0.83	0.85	0.29	0.83	0.65	0.88	0.84	0.37	0.73	0.86	0.84	0.89	0.28	0.63	0.07		0.29	-0.5
Other Liab	0.36	0.22	0.41	0.35	0.08	-0.43	-0.45	0.13	0.36	0.34	0.43	0.36	0.51	-0.04	0.43	0.59	0.42	0.29	0.37	0.37	-0.28	0.27	-0.15	0.29		0.53
Long Term Debt	-0.37	-0.24	-0.2	-0.38	-0.34	0.28	0.34	-0.26	-0.33	-0.37	-0.05	-0.33	-0.09	-0.79	-0.21	0.21	-0.23	-0.42	-0.33	-0.39	-0.49	-0.14	-0.35	-0.5	0.53

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Astral Resources Account Relationship Matchups

Astral Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	23.3M	22.8M	27.0M	35.5M	40.9M	42.9M
Other Current Liab	242.0K	1.1M	369.4K	392.9K	451.8K	474.4K
Total Current Liabilities	576.0K	1.9M	1.4M	866.3K	996.2K	1.0M
Total Stockholder Equity	22.6M	20.8M	25.5M	34.5M	39.7M	41.7M
Property Plant And Equipment Net	141.3K	189.8K	111.6K	29.5M	34.0M	35.7M
Net Debt	(9.7M)	(3.1M)	(1.3M)	(5.6M)	(5.1M)	(4.8M)
Retained Earnings	(36.8M)	(39.2M)	(43.0M)	(45.6M)	(41.0M)	(38.9M)
Accounts Payable	288.9K	716.4K	984.5K	383.7K	441.2K	370.7K
Cash	9.8M	3.2M	1.3M	5.8M	6.6M	7.0M
Non Current Assets Total	13.4M	19.5M	25.4M	29.5M	34.0M	35.7M
Non Currrent Assets Other	13.2M	19.2M	25.3M	(1.0)	(1.15)	(1.09)
Cash And Short Term Investments	9.8M	3.2M	1.3M	5.8M	6.6M	7.0M
Net Receivables	62.9K	140.0K	262.3K	156.0K	179.4K	172.2K
Common Stock Shares Outstanding	564.8M	605.7M	654.0M	813.9M	936.0M	982.8M
Liabilities And Stockholders Equity	23.3M	22.8M	27.0M	35.5M	40.9M	42.9M
Other Stockholder Equity	(915.7K)	(1.0)	(19.6K)	(18.2K)	(1.15)	(1.21)
Total Liab	693.9K	2.0M	1.5M	1.0M	1.2M	1.2M
Property Plant And Equipment Gross	13.4M	19.4M	25.4M	29.5M	34.0M	35.7M
Total Current Assets	9.9M	3.3M	1.6M	6.0M	6.9M	7.2M
Accumulated Other Comprehensive Income	3.0M	2.6M	2.9M	3.5M	4.0M	4.2M
Common Stock	56.4M	57.4M	65.6M	76.6M	88.0M	92.4M
Short Long Term Debt Total	64.0K	117.1K	50.5K	119.8K	107.8K	114.2K
Current Deferred Revenue	241.7K	1.1M	1.0	221.4K	254.6K	267.3K
Short Term Debt	45.2K	77.1K	50.5K	89.7K	103.2K	56.6K
Non Current Liabilities Total	117.8K	126.9K	99.4K	161.8K	145.6K	147.5K
Other Liab	89.8K	99.0K	86.9K	99.4K	89.5K	70.8K
Property Plant Equipment	8.4M	13.4M	19.4M	25.4M	29.2M	30.6M
Other Current Assets	12.8K	9.3K	44.8K	77.7K	69.9K	87.3K
Net Tangible Assets	11.5M	22.6M	20.8M	25.5M	29.3M	30.8M
Net Invested Capital	22.6M	20.8M	25.5M	34.5M	39.7M	41.7M
Net Working Capital	9.3M	1.5M	221.4K	5.1M	5.9M	6.2M
Capital Stock	56.4M	57.4M	65.6M	76.6M	88.0M	61.4M
Capital Lease Obligations	64.0K	117.1K	50.5K	119.8K	137.8K	100.2K

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