Ariana Non Current Liabilities Total vs Other Stockholder Equity 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 Non Current Liabilities Total and its Other Stockholder Equity 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.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ariana Resources plc Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ariana Resources' Non Current Liabilities Total and Other Stockholder Equity is -0.44. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity 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' Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ariana Resources plc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Ariana Resources' Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Other Stockholder Equity

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

0.320.470.621.0-0.650.80.340.920.310.52-0.480.490.740.85-0.640.64-0.10.640.440.650.49-0.25-0.180.840.72
0.320.060.120.33-0.140.310.220.360.730.540.140.080.110.170.240.190.10.10.10.120.130.110.080.310.02
0.470.060.950.41-0.10.130.220.220.140.2-0.310.990.770.69-0.230.64-0.010.09-0.060.090.67-0.230.00.340.79
0.620.120.950.58-0.370.30.320.340.180.27-0.440.940.780.85-0.320.60.020.37-0.090.370.62-0.33-0.010.520.91
1.00.330.410.58-0.680.840.360.930.310.52-0.50.440.670.83-0.640.59-0.10.670.410.680.44-0.27-0.190.870.7
-0.65-0.14-0.1-0.37-0.68-0.64-0.39-0.44-0.24-0.430.41-0.12-0.24-0.770.44-0.020.14-1.00.01-1.00.080.30.21-0.66-0.55
0.80.310.130.30.84-0.640.160.770.290.55-0.420.230.260.62-0.70.17-0.320.620.310.660.01-0.26-0.480.950.5
0.340.220.220.320.36-0.390.160.27-0.16-0.18-0.690.170.130.360.090.250.240.39-0.290.40.42-0.510.580.320.5
0.920.360.220.340.93-0.440.770.270.260.43-0.40.230.610.57-0.580.63-0.020.420.60.450.49-0.16-0.10.750.47
0.310.730.140.180.31-0.240.29-0.160.260.880.390.160.250.320.010.06-0.10.210.220.24-0.020.32-0.290.230.05
0.520.540.20.270.52-0.430.55-0.180.430.880.290.260.370.52-0.390.14-0.40.410.410.43-0.040.38-0.570.450.2
-0.480.14-0.31-0.44-0.50.41-0.42-0.69-0.40.390.29-0.29-0.16-0.450.33-0.23-0.36-0.420.36-0.45-0.440.74-0.39-0.61-0.73
0.490.080.990.940.44-0.120.230.170.230.160.26-0.290.730.71-0.290.6-0.110.12-0.040.120.58-0.23-0.120.420.79
0.740.110.770.780.67-0.240.260.130.610.250.37-0.160.730.73-0.410.87-0.060.240.480.230.73-0.02-0.080.360.65
0.850.170.690.850.83-0.770.620.360.570.320.52-0.450.710.73-0.540.5-0.180.760.120.760.38-0.3-0.240.740.88
-0.640.24-0.23-0.32-0.640.44-0.70.09-0.580.01-0.390.33-0.29-0.41-0.54-0.230.4-0.44-0.43-0.46-0.110.060.55-0.65-0.47
0.640.190.640.60.59-0.020.170.250.630.060.14-0.230.60.870.5-0.230.10.010.470.010.8-0.060.180.270.51
-0.10.1-0.010.02-0.10.14-0.320.24-0.02-0.1-0.4-0.36-0.11-0.06-0.180.40.1-0.14-0.48-0.130.44-0.280.84-0.180.04
0.640.10.090.370.67-1.00.620.390.420.210.41-0.420.120.240.76-0.440.01-0.14-0.021.0-0.09-0.31-0.210.650.55
0.440.1-0.06-0.090.410.010.31-0.290.60.220.410.36-0.040.480.12-0.430.47-0.48-0.02-0.020.130.42-0.460.14-0.14
0.650.120.090.370.68-1.00.660.40.450.240.43-0.450.120.230.76-0.460.01-0.131.0-0.02-0.09-0.33-0.210.680.57
0.490.130.670.620.440.080.010.420.49-0.02-0.04-0.440.580.730.38-0.110.80.44-0.090.13-0.09-0.150.490.190.55
-0.250.11-0.23-0.33-0.270.3-0.26-0.51-0.160.320.380.74-0.23-0.02-0.30.06-0.06-0.28-0.310.42-0.33-0.15-0.3-0.46-0.53
-0.180.080.0-0.01-0.190.21-0.480.58-0.1-0.29-0.57-0.39-0.12-0.08-0.240.550.180.84-0.21-0.46-0.210.49-0.3-0.30.03
0.840.310.340.520.87-0.660.950.320.750.230.45-0.610.420.360.74-0.650.27-0.180.650.140.680.19-0.46-0.30.71
0.720.020.790.910.7-0.550.50.50.470.050.2-0.730.790.650.88-0.470.510.040.55-0.140.570.55-0.530.030.71
Click cells to compare fundamentals

Ariana Resources Account Relationship Matchups

Ariana Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.5M32.0M30.6M27.9M21.9M23.0M
Other Current Liab317.9K5.1M478K270K129K122.6K
Total Current Liabilities318K5.3M2.1M814K419K652.2K
Total Stockholder Equity25.3M26.7M28.5M27.1M21.4M22.4M
Net Debt(453K)(3.0M)(16.4M)(9.4M)(2.5M)(2.6M)
Retained Earnings12.3M17.2M27.2M34.7M34.4M36.2M
Accounts Payable109.0147K203K189K118K101.4K
Non Current Assets Total24.5M12.7M13.1M17.2M17.0M17.8M
Liabilities And Stockholders Equity29.5M32.0M30.6M27.9M21.9M14.2M
Other Current Assets59K16.3M1.1M1.3M854K1.2M
Total Liab4.2M5.3M2.1M814K419K398.1K
Total Current Assets5.0M19.3M17.5M10.7M5.0M3.6M
Common Stock6.1M6.1M1.1M1.1M1.3M1.5M
Property Plant And Equipment Net50K41K238K660K331K565.1K
Cash453K3.0M16.4M9.4M2.5M2.1M
Non Currrent Assets Other16.4M(11.4K)(12.3K)(16.7K)2.2M2.3M
Cash And Short Term Investments453K3.0M16.4M9.4M4.1M2.3M
Other Stockholder Equity11.8M17.0M305K2.2M2.5M4.5M
Property Plant And Equipment Gross16.5M41K301K585K465K441.8K
Intangible Assets187K168K149K130K112K106.4K
Accumulated Other Comprehensive Income(4.9M)(8.6M)(63K)(11.0M)(16.4M)(15.6M)
Net Tangible Assets8.7M26.5M28.4M26.9M31.0M32.5M
Other Assets93K1.3M815K501K576.2K336.1K
Net Receivables4.5M183K1.0M1.2M720K1.2M
Short Term Investments(93K)16.0M(815K)(501K)1.6M1.7M
Property Plant Equipment50K41K238K660K594K623.7K
Inventory(2.5M)(1.8M)(16.0M)1.00.90.95
Net Invested Capital25.3M26.7M28.5M27.1M21.4M26.5M
Net Working Capital4.7M14.0M15.5M9.8M4.5M8.5M

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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.