Azincourt Free Cash Flow vs Depreciation 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 Free Cash Flow and its Depreciation 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.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Azincourt Uranium's Free Cash Flow and Depreciation is -0.74. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation 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 Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Azincourt Uranium are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Azincourt Uranium's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Azincourt Uranium value has been used up. For tax purposes Azincourt Uranium can deduct the cost of the tangible assets it purchases as business expenses. However, Azincourt Uranium must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Accounts Payable	Other Current Assets	Common Stock	Net Tangible Assets	Short Term Investments	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.14	0.21	0.97	0.68	-0.91	-0.71	0.92	0.68	0.63	0.96	0.67	0.71	0.21	0.96	0.59	0.64	0.33	0.74	0.79	-0.14	0.82	0.95	0.93	0.8
Other Current Liab	-0.14		0.49	-0.26	-0.44	0.12	0.4	-0.12	-0.44	-0.48	0.01	-0.33	-0.25	0.49	0.01	-0.12	-0.03	0.48	-0.38	-0.31	0.73	-0.48	-0.25	-0.2	-0.29
Total Current Liabilities	0.21	0.49		-0.02	-0.1	-0.06	0.1	0.06	-0.1	-0.18	0.33	-0.1	0.01	1.0	0.32	-0.07	0.17	0.19	-0.1	-0.06	0.31	-0.14	0.0	0.02	-0.07
Total Stockholder Equity	0.97	-0.26	-0.02		0.72	-0.92	-0.75	0.93	0.72	0.69	0.9	0.7	0.72	-0.02	0.9	0.62	0.62	0.29	0.77	0.82	-0.22	0.87	0.97	0.94	0.83
Property Plant And Equipment Net	0.68	-0.44	-0.1	0.72		-0.55	-0.93	0.56	1.0	0.88	0.5	0.91	0.86	-0.1	0.5	0.18	0.36	-0.01	0.95	0.93	-0.53	0.88	0.72	0.6	0.83
Net Debt	-0.91	0.12	-0.06	-0.92	-0.55		0.54	-1.0	-0.55	-0.52	-0.93	-0.52	-0.57	-0.06	-0.92	-0.51	-0.84	-0.48	-0.6	-0.7	0.15	-0.7	-0.93	-0.95	-0.63
Retained Earnings	-0.71	0.4	0.1	-0.75	-0.93	0.54		-0.55	-0.93	-0.8	-0.55	-0.97	-0.94	0.1	-0.55	-0.35	-0.24	0.09	-0.98	-0.95	0.37	-0.82	-0.76	-0.65	-0.94
Cash	0.92	-0.12	0.06	0.93	0.56	-1.0	-0.55		0.56	0.53	0.93	0.52	0.57	0.06	0.92	0.51	0.84	0.47	0.61	0.7	-0.15	0.72	0.94	0.94	0.66
Non Current Assets Total	0.68	-0.44	-0.1	0.72	1.0	-0.55	-0.93	0.56		0.88	0.5	0.91	0.86	-0.1	0.5	0.18	0.36	-0.01	0.95	0.93	-0.53	0.88	0.72	0.6	0.83
Non Currrent Assets Other	0.63	-0.48	-0.18	0.69	0.88	-0.52	-0.8	0.53	0.88		0.46	0.74	0.67	-0.18	0.46	0.23	0.3	0.03	0.82	0.77	-0.51	0.89	0.65	0.56	0.68
Cash And Short Term Investments	0.96	0.01	0.33	0.9	0.5	-0.93	-0.55	0.93	0.5	0.46		0.53	0.61	0.33	1.0	0.64	0.69	0.44	0.59	0.68	0.03	0.64	0.92	0.94	0.66
Common Stock Shares Outstanding	0.67	-0.33	-0.1	0.7	0.91	-0.52	-0.97	0.52	0.91	0.74	0.53		0.97	-0.1	0.53	0.35	0.23	0.0	0.99	0.97	-0.26	0.74	0.75	0.64	0.93
Other Stockholder Equity	0.71	-0.25	0.01	0.72	0.86	-0.57	-0.94	0.57	0.86	0.67	0.61	0.97		0.01	0.6	0.38	0.3	-0.01	0.95	0.95	-0.23	0.68	0.79	0.69	0.92
Total Liab	0.21	0.49	1.0	-0.02	-0.1	-0.06	0.1	0.06	-0.1	-0.18	0.33	-0.1	0.01		0.32	-0.07	0.17	0.19	-0.1	-0.06	0.31	-0.14	0.0	0.02	-0.07
Total Current Assets	0.96	0.01	0.32	0.9	0.5	-0.92	-0.55	0.92	0.5	0.46	1.0	0.53	0.6	0.32		0.67	0.67	0.44	0.59	0.67	0.05	0.63	0.92	0.94	0.66
Net Receivables	0.59	-0.12	-0.07	0.62	0.18	-0.51	-0.35	0.51	0.18	0.23	0.64	0.35	0.38	-0.07	0.67		0.02	0.13	0.36	0.37	0.25	0.31	0.64	0.72	0.44
Accounts Payable	0.64	-0.03	0.17	0.62	0.36	-0.84	-0.24	0.84	0.36	0.3	0.69	0.23	0.3	0.17	0.67	0.02		0.51	0.32	0.44	-0.25	0.48	0.64	0.66	0.33
Other Current Assets	0.33	0.48	0.19	0.29	-0.01	-0.48	0.09	0.47	-0.01	0.03	0.44	0.0	-0.01	0.19	0.44	0.13	0.51		0.03	0.16	0.54	0.11	0.32	0.36	0.05
Common Stock	0.74	-0.38	-0.1	0.77	0.95	-0.6	-0.98	0.61	0.95	0.82	0.59	0.99	0.95	-0.1	0.59	0.36	0.32	0.03		0.98	-0.35	0.83	0.81	0.7	0.92
Net Tangible Assets	0.79	-0.31	-0.06	0.82	0.93	-0.7	-0.95	0.7	0.93	0.77	0.68	0.97	0.95	-0.06	0.67	0.37	0.44	0.16	0.98		-0.28	0.82	0.86	0.77	0.93
Short Term Investments	-0.14	0.73	0.31	-0.22	-0.53	0.15	0.37	-0.15	-0.53	-0.51	0.03	-0.26	-0.23	0.31	0.05	0.25	-0.25	0.54	-0.35	-0.28		-0.51	-0.16	-0.09	-0.2
Property Plant Equipment	0.82	-0.48	-0.14	0.87	0.88	-0.7	-0.82	0.72	0.88	0.89	0.64	0.74	0.68	-0.14	0.63	0.31	0.48	0.11	0.83	0.82	-0.51		0.8	0.7	0.81
Net Invested Capital	0.95	-0.25	0.0	0.97	0.72	-0.93	-0.76	0.94	0.72	0.65	0.92	0.75	0.79	0.0	0.92	0.64	0.64	0.32	0.81	0.86	-0.16	0.8		0.98	0.84
Net Working Capital	0.93	-0.2	0.02	0.94	0.6	-0.95	-0.65	0.94	0.6	0.56	0.94	0.64	0.69	0.02	0.94	0.72	0.66	0.36	0.7	0.77	-0.09	0.7	0.98		0.72
Capital Stock	0.8	-0.29	-0.07	0.83	0.83	-0.63	-0.94	0.66	0.83	0.68	0.66	0.93	0.92	-0.07	0.66	0.44	0.33	0.05	0.92	0.93	-0.2	0.81	0.84	0.72

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Azincourt Uranium Account Relationship Matchups

Azincourt Uranium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5M	14.9M	14.5M	8.2M	9.4M	5.2M
Other Current Liab	71.2K	1.3M	181.3K	313.9K	282.5K	485.2K
Total Current Liabilities	71.2K	1.3M	181.3K	313.9K	282.5K	428.9K
Total Stockholder Equity	3.4M	13.6M	14.3M	7.8M	9.0M	4.6M
Property Plant And Equipment Net	2.7M	3.9M	3.4M	4.5M	5.2M	5.5M
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)
Cash	722.1K	10.5M	7.0M	2.9M	3.3M	2.2M
Non Current Assets Total	2.7M	3.9M	3.4M	4.5M	5.2M	5.5M
Cash And Short Term Investments	722.1K	10.5M	10.0M	3.5M	4.0M	2.9M
Common Stock Shares Outstanding	67.1M	116.0M	210.3M	235.3M	270.6M	284.1M
Liabilities And Stockholders Equity	3.5M	14.9M	14.5M	8.2M	9.4M	5.2M
Other Stockholder Equity	3.4M	4.2M	10.1M	14.8M	17.0M	17.8M
Total Liab	71.2K	1.3M	181.3K	313.9K	282.5K	428.9K
Total Current Assets	827.2K	10.9M	11.1M	3.6M	4.2M	3.1M
Accumulated Other Comprehensive Income	4.2M	10.1M	14.8M	14.9M	17.1M	18.0M
Net Receivables	7.3K	68.5K	939.4K	38.1K	43.9K	41.7K
Accounts Payable	70.6K	29.7K	818.8K	124.2K	142.8K	170.0K
Other Current Assets	97.8K	395.5K	202.9K	116.7K	134.2K	189.8K
Common Stock	13.3M	20.9M	26.6M	27.2M	31.3M	32.9M
Net Tangible Assets	3.9M	3.4M	13.6M	14.3M	16.5M	17.3M
Property Plant Equipment	2.4M	2.7M	3.9M	3.4M	3.9M	2.4M
Net Invested Capital	3.4M	13.6M	14.3M	7.8M	9.0M	7.8M
Net Working Capital	755.9K	9.7M	10.9M	3.3M	3.8M	4.4M
Capital Stock	13.3M	20.9M	26.6M	27.2M	31.3M	20.0M

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