AAZ Stock | | | 101.50 5.50 5.73% |
Anglo Asian financial indicator trend analysis is way more than just evaluating Anglo Asian Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anglo Asian Mining is a good investment. Please check the relationship between Anglo Asian Gross Profit and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anglo Asian Mining. 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.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anglo Asian Mining Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Anglo Asian's Gross Profit and Cost Of Revenue is -0.04. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Anglo Asian Mining, assuming nothing else is changed. The correlation between historical values of Anglo Asian's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Anglo Asian Mining are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Anglo Asian's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Anglo Asian Mining minus its cost of goods sold. It is profit before Anglo Asian operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Cost Of Revenue
Cost of Revenue is found on Anglo Asian Mining income statement and represents the costs associated with goods and services Anglo Asian provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Anglo Asian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anglo Asian Mining 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 Anglo Asian Mining. 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.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 5.7
M. The current year's
Tax Provision is expected to grow to about (7.3
M)
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 92.5M | 84.7M | 45.9M | 81.8M | Cost Of Revenue | 74.5M | 69.0M | 50.3M | 55.9M |
Anglo Asian fundamental ratios Correlations
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Anglo Asian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anglo Asian fundamental ratios Accounts
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Other Information on Investing in Anglo Stock
Balance Sheet is a snapshot of the
financial position of Anglo Asian Mining at a specified time, usually calculated after every quarter, six months, or one year. Anglo Asian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anglo Asian 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 Anglo currently owns. An asset can also be divided into two categories, current and non-current.