Ariana Other Current Liab vs Property Plant And Equipment Gross Analysis

AAU Stock   1.95  0.05  2.63%   
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 Other Current Liab and its Property Plant And Equipment Gross 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.

Other Current Liab vs Property Plant And Equipment Gross

Other Current Liab vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ariana Resources plc Other Current Liab account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ariana Resources' Other Current Liab and Property Plant And Equipment Gross is -0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Gross 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' Other Current Liab and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Ariana Resources plc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Liab i.e., Ariana Resources' Other Current Liab and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Property Plant And Equipment Gross

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 2.2 M, whereas Tax Provision is forecasted to decline to about 302.6 K.

Ariana Resources fundamental ratios Correlations

0.340.40.581.0-0.620.810.470.920.320.64-0.510.460.70.82-0.660.6-0.120.610.450.680.08-0.11-0.28-0.210.87
0.340.060.120.35-0.130.320.60.370.720.630.130.120.130.180.220.190.090.10.110.160.270.240.10.080.31
0.40.060.940.34-0.10.090.190.130.140.15-0.230.960.740.68-0.220.61-0.10.1-0.060.07-0.270.6-0.17-0.090.3
0.580.120.940.53-0.380.240.320.290.170.2-0.420.870.780.84-0.30.610.020.37-0.090.35-0.310.4-0.32-0.010.48
1.00.350.340.53-0.640.850.480.930.320.66-0.530.390.630.8-0.660.54-0.120.640.430.710.06-0.18-0.3-0.220.9
-0.62-0.13-0.1-0.38-0.64-0.55-0.61-0.4-0.24-0.370.4-0.03-0.24-0.760.42-0.020.14-1.00.02-0.980.140.450.30.21-0.63
0.810.320.090.240.85-0.550.350.810.310.78-0.470.130.220.56-0.70.13-0.320.550.330.68-0.07-0.45-0.29-0.470.95
0.470.60.190.320.48-0.610.350.330.440.39-0.160.150.230.550.020.22-0.120.590.010.570.02-0.010.00.040.39
0.920.370.130.290.93-0.40.810.330.280.63-0.450.240.550.54-0.610.56-0.050.40.590.50.24-0.19-0.2-0.140.79
0.320.720.140.170.32-0.240.310.440.280.720.350.260.220.32-0.020.05-0.110.220.230.220.410.310.3-0.30.26
0.640.630.150.20.66-0.370.780.390.630.720.060.290.270.46-0.510.1-0.40.360.440.450.330.00.21-0.60.69
-0.510.13-0.23-0.42-0.530.4-0.47-0.16-0.450.350.06-0.05-0.15-0.450.36-0.21-0.33-0.420.32-0.490.640.510.74-0.36-0.63
0.460.120.960.870.39-0.030.130.150.240.260.29-0.050.830.64-0.30.67-0.190.020.190.0-0.020.70.01-0.220.28
0.70.130.740.780.63-0.240.220.230.550.220.27-0.150.830.73-0.40.88-0.060.240.480.210.250.53-0.01-0.080.35
0.820.180.680.840.8-0.760.560.550.540.320.46-0.450.640.73-0.540.5-0.180.760.120.75-0.160.05-0.31-0.240.72
-0.660.22-0.22-0.3-0.660.42-0.70.02-0.61-0.02-0.510.36-0.3-0.4-0.54-0.220.41-0.44-0.44-0.5-0.010.30.080.56-0.67
0.60.190.610.610.54-0.020.130.220.560.050.1-0.210.670.880.5-0.220.10.010.460.00.240.52-0.050.180.24
-0.120.09-0.10.02-0.120.14-0.32-0.12-0.05-0.11-0.4-0.33-0.19-0.06-0.180.410.1-0.14-0.49-0.15-0.12-0.02-0.260.84-0.19
0.610.10.10.370.64-1.00.550.590.40.220.36-0.420.020.240.76-0.440.01-0.14-0.020.98-0.15-0.47-0.31-0.210.63
0.450.11-0.06-0.090.430.020.330.010.590.230.440.320.190.480.12-0.440.46-0.49-0.020.010.730.180.4-0.470.17
0.680.160.070.350.71-0.980.680.570.50.220.45-0.490.00.210.75-0.50.0-0.150.980.01-0.18-0.54-0.36-0.240.74
0.080.27-0.27-0.310.060.14-0.070.020.240.410.330.64-0.020.25-0.16-0.010.24-0.12-0.150.73-0.180.340.76-0.2-0.25
-0.110.240.60.4-0.180.45-0.45-0.01-0.190.310.00.510.70.530.050.30.52-0.02-0.470.18-0.540.340.420.04-0.38
-0.280.1-0.17-0.32-0.30.3-0.290.0-0.20.30.210.740.01-0.01-0.310.08-0.05-0.26-0.310.4-0.360.760.42-0.28-0.47
-0.210.08-0.09-0.01-0.220.21-0.470.04-0.14-0.3-0.6-0.36-0.22-0.08-0.240.560.180.84-0.21-0.47-0.24-0.20.04-0.28-0.32
0.870.310.30.480.9-0.630.950.390.790.260.69-0.630.280.350.72-0.670.24-0.190.630.170.74-0.25-0.38-0.47-0.32
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Ariana Resources Account Relationship Matchups

Ariana Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets32.0M30.6M27.9M21.9M25.2M26.5M
Other Current Liab5.1M478K270K129K148.4K140.9K
Total Current Liabilities5.3M2.1M814K419K481.9K652.2K
Total Stockholder Equity26.7M28.5M27.1M21.4M24.6M25.8M
Net Debt(3.0M)(16.4M)(9.4M)(2.5M)(2.3M)(2.4M)
Retained Earnings17.2M27.2M34.7M34.4M39.6M41.6M
Accounts Payable147K203K189K118K135.7K110.8K
Non Current Assets Total12.7M13.1M17.2M17.0M19.5M20.5M
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.3B1.4B
Liabilities And Stockholders Equity32.0M30.6M27.9M21.9M25.2M14.2M
Other Current Assets16.3M1.1M1.3M854K982.1K1.7M
Total Liab5.3M2.1M814K419K481.9K858.3K
Total Current Assets19.3M17.5M10.7M5.0M5.7M3.6M
Common Stock6.1M6.1M1.1M1.1M1.3M1.5M
Property Plant And Equipment Net41K238K660K331K297.9K565.1K
Cash3.0M16.4M9.4M2.5M2.9M2.1M
Non Currrent Assets Other(11.4K)(12.3K)(16.7K)2.2M2.5M2.6M
Cash And Short Term Investments3.0M16.4M9.4M4.1M4.7M5.0M
Net Receivables183K1.0M1.2M720K828K1.1M
Other Stockholder Equity11.8M17.0M305K2.2M2.5M2.4M
Property Plant And Equipment Gross41K301K585K465K534.8K508.0K
Intangible Assets168K149K130K112K100.8K95.8K
Accumulated Other Comprehensive Income(8.6M)(63K)(11.0M)(16.4M)(14.8M)(14.0M)
Net Tangible Assets8.7M26.5M28.4M26.9M31.0M32.5M
Other Assets93K1.3M815K501K576.2K336.1K
Short Term Investments16.0M(815K)(501K)1.6M1.8M1.7M
Property Plant Equipment50K41K238K660K594K623.7K
Net Invested Capital26.7M28.5M27.1M21.4M24.6M26.5M
Net Working Capital14.0M15.5M9.8M4.5M5.2M8.5M

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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.