Azincourt Change To Netincome vs Change In Cash Analysis

AAZ Stock  CAD 0.01  0.01  50.00%   
Azincourt Uranium financial indicator trend analysis is way more than just evaluating Azincourt Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azincourt Uranium is a good investment. Please check the relationship between Azincourt Uranium Change To Netincome and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azincourt Uranium. 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.

Change To Netincome vs Change In Cash

Change To Netincome vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Change To Netincome account and Change In Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Azincourt Uranium's Change To Netincome and Change In Cash is 0.04. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Azincourt Uranium, assuming nothing else is changed. The correlation between historical values of Azincourt Uranium's Change To Netincome and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Azincourt Uranium are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Netincome i.e., Azincourt Uranium's Change To Netincome and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Netincome

Change In Cash

Most indicators from Azincourt Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azincourt Uranium 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 Azincourt Uranium. 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.
Enterprise Value is likely to climb to about 7.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

Azincourt Uranium fundamental ratios Correlations

-0.140.210.970.68-0.91-0.710.920.680.630.960.670.710.210.960.590.640.330.740.79-0.140.820.950.930.8
-0.140.49-0.26-0.440.120.4-0.12-0.44-0.480.01-0.33-0.250.490.01-0.12-0.030.48-0.38-0.310.73-0.48-0.25-0.2-0.29
0.210.49-0.02-0.1-0.060.10.06-0.1-0.180.33-0.10.011.00.32-0.070.170.19-0.1-0.060.31-0.140.00.02-0.07
0.97-0.26-0.020.72-0.92-0.750.930.720.690.90.70.72-0.020.90.620.620.290.770.82-0.220.870.970.940.83
0.68-0.44-0.10.72-0.55-0.930.561.00.880.50.910.86-0.10.50.180.36-0.010.950.93-0.530.880.720.60.83
-0.910.12-0.06-0.92-0.550.54-1.0-0.55-0.52-0.93-0.52-0.57-0.06-0.92-0.51-0.84-0.48-0.6-0.70.15-0.7-0.93-0.95-0.63
-0.710.40.1-0.75-0.930.54-0.55-0.93-0.8-0.55-0.97-0.940.1-0.55-0.35-0.240.09-0.98-0.950.37-0.82-0.76-0.65-0.94
0.92-0.120.060.930.56-1.0-0.550.560.530.930.520.570.060.920.510.840.470.610.7-0.150.720.940.940.66
0.68-0.44-0.10.721.0-0.55-0.930.560.880.50.910.86-0.10.50.180.36-0.010.950.93-0.530.880.720.60.83
0.63-0.48-0.180.690.88-0.52-0.80.530.880.460.740.67-0.180.460.230.30.030.820.77-0.510.890.650.560.68
0.960.010.330.90.5-0.93-0.550.930.50.460.530.610.331.00.640.690.440.590.680.030.640.920.940.66
0.67-0.33-0.10.70.91-0.52-0.970.520.910.740.530.97-0.10.530.350.230.00.990.97-0.260.740.750.640.93
0.71-0.250.010.720.86-0.57-0.940.570.860.670.610.970.010.60.380.3-0.010.950.95-0.230.680.790.690.92
0.210.491.0-0.02-0.1-0.060.10.06-0.1-0.180.33-0.10.010.32-0.070.170.19-0.1-0.060.31-0.140.00.02-0.07
0.960.010.320.90.5-0.92-0.550.920.50.461.00.530.60.320.670.670.440.590.670.050.630.920.940.66
0.59-0.12-0.070.620.18-0.51-0.350.510.180.230.640.350.38-0.070.670.020.130.360.370.250.310.640.720.44
0.64-0.030.170.620.36-0.84-0.240.840.360.30.690.230.30.170.670.020.510.320.44-0.250.480.640.660.33
0.330.480.190.29-0.01-0.480.090.47-0.010.030.440.0-0.010.190.440.130.510.030.160.540.110.320.360.05
0.74-0.38-0.10.770.95-0.6-0.980.610.950.820.590.990.95-0.10.590.360.320.030.98-0.350.830.810.70.92
0.79-0.31-0.060.820.93-0.7-0.950.70.930.770.680.970.95-0.060.670.370.440.160.98-0.280.820.860.770.93
-0.140.730.31-0.22-0.530.150.37-0.15-0.53-0.510.03-0.26-0.230.310.050.25-0.250.54-0.35-0.28-0.51-0.16-0.09-0.2
0.82-0.48-0.140.870.88-0.7-0.820.720.880.890.640.740.68-0.140.630.310.480.110.830.82-0.510.80.70.81
0.95-0.250.00.970.72-0.93-0.760.940.720.650.920.750.790.00.920.640.640.320.810.86-0.160.80.980.84
0.93-0.20.020.940.6-0.95-0.650.940.60.560.940.640.690.020.940.720.660.360.70.77-0.090.70.980.72
0.8-0.29-0.070.830.83-0.63-0.940.660.830.680.660.930.92-0.070.660.440.330.050.920.93-0.20.810.840.72
Click cells to compare fundamentals

Azincourt Uranium Account Relationship Matchups

Azincourt Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5M14.9M14.5M8.2M9.4M5.2M
Other Current Liab71.2K1.3M181.3K313.9K282.5K485.2K
Total Current Liabilities71.2K1.3M181.3K313.9K282.5K428.9K
Total Stockholder Equity3.4M13.6M14.3M7.8M9.0M4.6M
Property Plant And Equipment Net2.7M3.9M3.4M4.5M5.2M5.5M
Net Debt(722.1K)(10.5M)(7.0M)(2.9M)(2.6M)(2.7M)
Retained Earnings(14.1M)(17.4M)(27.1M)(34.2M)(30.8M)(29.3M)
Cash722.1K10.5M7.0M2.9M3.3M2.2M
Non Current Assets Total2.7M3.9M3.4M4.5M5.2M5.5M
Cash And Short Term Investments722.1K10.5M10.0M3.5M4.0M2.9M
Common Stock Shares Outstanding67.1M116.0M210.3M235.3M270.6M284.1M
Liabilities And Stockholders Equity3.5M14.9M14.5M8.2M9.4M5.2M
Other Stockholder Equity3.4M4.2M10.1M14.8M17.0M17.8M
Total Liab71.2K1.3M181.3K313.9K282.5K428.9K
Total Current Assets827.2K10.9M11.1M3.6M4.2M3.1M
Accumulated Other Comprehensive Income4.2M10.1M14.8M14.9M17.1M18.0M
Net Receivables7.3K68.5K939.4K38.1K43.9K41.7K
Accounts Payable70.6K29.7K818.8K124.2K142.8K170.0K
Other Current Assets97.8K395.5K202.9K116.7K134.2K189.8K
Common Stock13.3M20.9M26.6M27.2M31.3M32.9M
Net Tangible Assets3.9M3.4M13.6M14.3M16.5M17.3M
Property Plant Equipment2.4M2.7M3.9M3.4M3.9M2.4M
Net Invested Capital3.4M13.6M14.3M7.8M9.0M7.8M
Net Working Capital755.9K9.7M10.9M3.3M3.8M4.4M
Capital Stock13.3M20.9M26.6M27.2M31.3M20.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Azincourt Stock Analysis

When running Azincourt Uranium's price analysis, check to measure Azincourt Uranium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Azincourt Uranium is operating at the current time. Most of Azincourt Uranium's value examination focuses on studying past and present price action to predict the probability of Azincourt Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azincourt Uranium's price. Additionally, you may evaluate how the addition of Azincourt Uranium to your portfolios can decrease your overall portfolio volatility.