Ariana Ebit vs Ebitda Analysis

AAU Stock

2.70 0.10 3.85%

Ariana Resources financial indicator trend analysis is way more than just evaluating Ariana Resources plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ariana Resources plc is a good investment. Please check the relationship between Ariana Resources Ebit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ariana Resources plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Ebit vs Ebitda

Ebit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ariana Resources plc Ebit account and Ebitda. At this time, the significance of the direction appears to have totally related.

The correlation between Ariana Resources' Ebit and Ebitda is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Ariana Resources plc, assuming nothing else is changed. The correlation between historical values of Ariana Resources' Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Ariana Resources plc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., Ariana Resources' Ebit and Ebitda go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Ebitda

Most indicators from Ariana Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ariana Resources plc 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 Ariana Resources plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 1.9 M, whereas Tax Provision is forecasted to decline to about 263.1 K.

Ariana Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant And Equipment Net	Cash	Non Currrent Assets Other	Cash And Short Term Investments	Other Stockholder Equity	Property Plant And Equipment Gross	Intangible Assets	Net Tangible Assets	Other Assets
Total Assets		0.32	0.47	0.62	1.0	-0.65	0.8	0.34	0.92	0.31	0.52	-0.48	0.49	0.74	0.85	-0.64	0.64	-0.1	0.64	0.44	0.65	0.49	-0.25	-0.18	0.84	0.72
Short Long Term Debt Total	0.32		0.06	0.12	0.33	-0.14	0.31	0.22	0.36	0.73	0.54	0.14	0.08	0.11	0.17	0.24	0.19	0.1	0.1	0.1	0.12	0.13	0.11	0.08	0.31	0.02
Other Current Liab	0.47	0.06		0.95	0.41	-0.1	0.13	0.22	0.22	0.14	0.2	-0.31	0.99	0.77	0.69	-0.23	0.64	-0.01	0.09	-0.06	0.09	0.67	-0.23	0.0	0.34	0.79
Total Current Liabilities	0.62	0.12	0.95		0.58	-0.37	0.3	0.32	0.34	0.18	0.27	-0.44	0.94	0.78	0.85	-0.32	0.6	0.02	0.37	-0.09	0.37	0.62	-0.33	-0.01	0.52	0.91
Total Stockholder Equity	1.0	0.33	0.41	0.58		-0.68	0.84	0.36	0.93	0.31	0.52	-0.5	0.44	0.67	0.83	-0.64	0.59	-0.1	0.67	0.41	0.68	0.44	-0.27	-0.19	0.87	0.7
Net Debt	-0.65	-0.14	-0.1	-0.37	-0.68		-0.64	-0.39	-0.44	-0.24	-0.43	0.41	-0.12	-0.24	-0.77	0.44	-0.02	0.14	-1.0	0.01	-1.0	0.08	0.3	0.21	-0.66	-0.55
Retained Earnings	0.8	0.31	0.13	0.3	0.84	-0.64		0.16	0.77	0.29	0.55	-0.42	0.23	0.26	0.62	-0.7	0.17	-0.32	0.62	0.31	0.66	0.01	-0.26	-0.48	0.95	0.5
Accounts Payable	0.34	0.22	0.22	0.32	0.36	-0.39	0.16		0.27	-0.16	-0.18	-0.69	0.17	0.13	0.36	0.09	0.25	0.24	0.39	-0.29	0.4	0.42	-0.51	0.58	0.32	0.5
Non Current Assets Total	0.92	0.36	0.22	0.34	0.93	-0.44	0.77	0.27		0.26	0.43	-0.4	0.23	0.61	0.57	-0.58	0.63	-0.02	0.42	0.6	0.45	0.49	-0.16	-0.1	0.75	0.47
Common Stock Total Equity	0.31	0.73	0.14	0.18	0.31	-0.24	0.29	-0.16	0.26		0.88	0.39	0.16	0.25	0.32	0.01	0.06	-0.1	0.21	0.22	0.24	-0.02	0.32	-0.29	0.23	0.05
Common Stock Shares Outstanding	0.52	0.54	0.2	0.27	0.52	-0.43	0.55	-0.18	0.43	0.88		0.29	0.26	0.37	0.52	-0.39	0.14	-0.4	0.41	0.41	0.43	-0.04	0.38	-0.57	0.45	0.2
Non Current Liabilities Total	-0.48	0.14	-0.31	-0.44	-0.5	0.41	-0.42	-0.69	-0.4	0.39	0.29		-0.29	-0.16	-0.45	0.33	-0.23	-0.36	-0.42	0.36	-0.45	-0.44	0.74	-0.39	-0.61	-0.73
Other Current Assets	0.49	0.08	0.99	0.94	0.44	-0.12	0.23	0.17	0.23	0.16	0.26	-0.29		0.73	0.71	-0.29	0.6	-0.11	0.12	-0.04	0.12	0.58	-0.23	-0.12	0.42	0.79
Total Liab	0.74	0.11	0.77	0.78	0.67	-0.24	0.26	0.13	0.61	0.25	0.37	-0.16	0.73		0.73	-0.41	0.87	-0.06	0.24	0.48	0.23	0.73	-0.02	-0.08	0.36	0.65
Total Current Assets	0.85	0.17	0.69	0.85	0.83	-0.77	0.62	0.36	0.57	0.32	0.52	-0.45	0.71	0.73		-0.54	0.5	-0.18	0.76	0.12	0.76	0.38	-0.3	-0.24	0.74	0.88
Short Term Debt	-0.64	0.24	-0.23	-0.32	-0.64	0.44	-0.7	0.09	-0.58	0.01	-0.39	0.33	-0.29	-0.41	-0.54		-0.23	0.4	-0.44	-0.43	-0.46	-0.11	0.06	0.55	-0.65	-0.47
Common Stock	0.64	0.19	0.64	0.6	0.59	-0.02	0.17	0.25	0.63	0.06	0.14	-0.23	0.6	0.87	0.5	-0.23		0.1	0.01	0.47	0.01	0.8	-0.06	0.18	0.27	0.51
Property Plant And Equipment Net	-0.1	0.1	-0.01	0.02	-0.1	0.14	-0.32	0.24	-0.02	-0.1	-0.4	-0.36	-0.11	-0.06	-0.18	0.4	0.1		-0.14	-0.48	-0.13	0.44	-0.28	0.84	-0.18	0.04
Cash	0.64	0.1	0.09	0.37	0.67	-1.0	0.62	0.39	0.42	0.21	0.41	-0.42	0.12	0.24	0.76	-0.44	0.01	-0.14		-0.02	1.0	-0.09	-0.31	-0.21	0.65	0.55
Non Currrent Assets Other	0.44	0.1	-0.06	-0.09	0.41	0.01	0.31	-0.29	0.6	0.22	0.41	0.36	-0.04	0.48	0.12	-0.43	0.47	-0.48	-0.02		-0.02	0.13	0.42	-0.46	0.14	-0.14
Cash And Short Term Investments	0.65	0.12	0.09	0.37	0.68	-1.0	0.66	0.4	0.45	0.24	0.43	-0.45	0.12	0.23	0.76	-0.46	0.01	-0.13	1.0	-0.02		-0.09	-0.33	-0.21	0.68	0.57
Other Stockholder Equity	0.49	0.13	0.67	0.62	0.44	0.08	0.01	0.42	0.49	-0.02	-0.04	-0.44	0.58	0.73	0.38	-0.11	0.8	0.44	-0.09	0.13	-0.09		-0.15	0.49	0.19	0.55
Property Plant And Equipment Gross	-0.25	0.11	-0.23	-0.33	-0.27	0.3	-0.26	-0.51	-0.16	0.32	0.38	0.74	-0.23	-0.02	-0.3	0.06	-0.06	-0.28	-0.31	0.42	-0.33	-0.15		-0.3	-0.46	-0.53
Intangible Assets	-0.18	0.08	0.0	-0.01	-0.19	0.21	-0.48	0.58	-0.1	-0.29	-0.57	-0.39	-0.12	-0.08	-0.24	0.55	0.18	0.84	-0.21	-0.46	-0.21	0.49	-0.3		-0.3	0.03
Net Tangible Assets	0.84	0.31	0.34	0.52	0.87	-0.66	0.95	0.32	0.75	0.23	0.45	-0.61	0.42	0.36	0.74	-0.65	0.27	-0.18	0.65	0.14	0.68	0.19	-0.46	-0.3		0.71
Other Assets	0.72	0.02	0.79	0.91	0.7	-0.55	0.5	0.5	0.47	0.05	0.2	-0.73	0.79	0.65	0.88	-0.47	0.51	0.04	0.55	-0.14	0.57	0.55	-0.53	0.03	0.71

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Ariana Resources Account Relationship Matchups

Ariana Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.5M	32.0M	30.6M	27.9M	21.9M	23.0M
Other Current Liab	317.9K	5.1M	478K	270K	129K	122.6K
Total Current Liabilities	318K	5.3M	2.1M	814K	419K	652.2K
Total Stockholder Equity	25.3M	26.7M	28.5M	27.1M	21.4M	22.4M
Net Debt	(453K)	(3.0M)	(16.4M)	(9.4M)	(2.5M)	(2.6M)
Retained Earnings	12.3M	17.2M	27.2M	34.7M	34.4M	36.2M
Accounts Payable	109.0	147K	203K	189K	118K	101.4K
Non Current Assets Total	24.5M	12.7M	13.1M	17.2M	17.0M	17.8M
Liabilities And Stockholders Equity	29.5M	32.0M	30.6M	27.9M	21.9M	14.2M
Other Current Assets	59K	16.3M	1.1M	1.3M	854K	1.2M
Total Liab	4.2M	5.3M	2.1M	814K	419K	398.1K
Total Current Assets	5.0M	19.3M	17.5M	10.7M	5.0M	3.6M
Common Stock	6.1M	6.1M	1.1M	1.1M	1.3M	1.5M
Property Plant And Equipment Net	50K	41K	238K	660K	331K	565.1K
Cash	453K	3.0M	16.4M	9.4M	2.5M	2.1M
Non Currrent Assets Other	16.4M	(11.4K)	(12.3K)	(16.7K)	2.2M	2.3M
Cash And Short Term Investments	453K	3.0M	16.4M	9.4M	4.1M	2.3M
Other Stockholder Equity	11.8M	17.0M	305K	2.2M	2.5M	4.5M
Property Plant And Equipment Gross	16.5M	41K	301K	585K	465K	441.8K
Intangible Assets	187K	168K	149K	130K	112K	106.4K
Accumulated Other Comprehensive Income	(4.9M)	(8.6M)	(63K)	(11.0M)	(16.4M)	(15.6M)
Net Tangible Assets	8.7M	26.5M	28.4M	26.9M	31.0M	32.5M
Other Assets	93K	1.3M	815K	501K	576.2K	336.1K
Net Receivables	4.5M	183K	1.0M	1.2M	720K	1.2M
Short Term Investments	(93K)	16.0M	(815K)	(501K)	1.6M	1.7M
Property Plant Equipment	50K	41K	238K	660K	594K	623.7K
Inventory	(2.5M)	(1.8M)	(16.0M)	1.0	0.9	0.95
Net Invested Capital	25.3M	26.7M	28.5M	27.1M	21.4M	26.5M
Net Working Capital	4.7M	14.0M	15.5M	9.8M	4.5M	8.5M

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Other Information on Investing in Ariana Stock

Balance Sheet is a snapshot of the financial position of Ariana Resources plc at a specified time, usually calculated after every quarter, six months, or one year. Ariana Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ariana Resources 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 Ariana currently owns. An asset can also be divided into two categories, current and non-current.

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Ariana Ebit vs Ebitda Analysis

Ebit vs Ebitda

Ebit vs Ebitda Correlation Analysis

Correlation Coefficient

Ebit

Ebitda

Ariana Resources fundamental ratios Correlations

Ariana Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ariana Resources fundamental ratios Accounts

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Other Information on Investing in Ariana Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 0.99	Other Current Liab
Total Current Liabilities	+ 0.95	Other Current Liab
Net Tangible Assets	+ 0.95	Retained Earnings
Other Current Assets	+ 0.94	Total Current Liabilities

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.77	Net Debt
Other Assets	- 0.73	Non Current Liabilities Total
Short Term Debt	- 0.7	Retained Earnings
Non Current Liabilities Total	- 0.69	Accounts Payable