Asiabasemetals Stock Based Compensation vs Depreciation Analysis

ABZ Stock

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Asiabasemetals financial indicator trend analysis is way more than just evaluating Asiabasemetals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asiabasemetals is a good investment. Please check the relationship between Asiabasemetals Stock Based Compensation and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asiabasemetals. 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.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asiabasemetals Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Asiabasemetals' Stock Based Compensation and Depreciation is -0.47. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Asiabasemetals, assuming nothing else is changed. The correlation between historical values of Asiabasemetals' Stock Based Compensation 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 Stock Based Compensation of Asiabasemetals 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 Stock Based Compensation i.e., Asiabasemetals' Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Asiabasemetals value has been used up. For tax purposes Asiabasemetals can deduct the cost of the tangible assets it purchases as business expenses. However, Asiabasemetals 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 Asiabasemetals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asiabasemetals 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 Asiabasemetals. 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.

Selling General Administrative is likely to drop to about 78.6 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

Asiabasemetals fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Current Assets	Common Stock	Total Current Liabilities	Net Receivables	Other Stockholder Equity	Total Liab	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Inventory	Other Current Assets	Net Tangible Assets	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Short Long Term Debt	Short Term Debt
Total Assets		0.91	0.72	-0.99	0.69	0.99	0.68	0.99	-0.46	0.99	-0.6	-0.6	-0.19	-0.04	-0.6	0.73	-0.68	0.55	-0.21	0.53	0.65	0.26	0.45	-0.44	0.45	0.45
Total Stockholder Equity	0.91		0.7	-0.9	0.85	0.91	0.63	0.91	-0.64	0.91	-0.75	-0.86	-0.35	-0.09	-0.86	0.68	-0.9	0.71	-0.3	0.58	0.81	0.51	0.56	-0.55	0.56	0.56
Property Plant And Equipment Net	0.72	0.7		-0.63	0.73	0.64	0.99	0.64	-0.58	0.62	-0.68	-0.45	-0.31	-0.23	-0.45	0.99	-0.53	0.55	-0.39	0.38	0.29	0.49	0.54	-0.54	0.54	0.54
Net Debt	-0.99	-0.9	-0.63		-0.65	-1.0	-0.59	-1.0	0.42	-1.0	0.55	0.58	0.2	-0.03	0.58	-0.64	0.66	-0.52	0.15	-0.48	-0.69	-0.2	-0.4	0.4	-0.4	-0.4
Retained Earnings	0.69	0.85	0.73	-0.65		0.66	0.64	0.66	-0.91	0.65	-0.95	-0.81	-0.52	-0.16	-0.81	0.7	-0.81	0.88	-0.56	0.55	0.6	0.83	0.8	-0.8	0.8	0.8
Cash	0.99	0.91	0.64	-1.0	0.66		0.6	1.0	-0.44	1.0	-0.57	-0.59	-0.21	0.04	-0.59	0.64	-0.67	0.54	-0.18	0.48	0.7	0.23	0.42	-0.41	0.42	0.42
Non Current Assets Total	0.68	0.63	0.99	-0.59	0.64	0.6		0.6	-0.49	0.57	-0.6	-0.36	-0.22	-0.25	-0.36	0.99	-0.44	0.45	-0.34	0.34	0.2	0.4	0.48	-0.48	0.48	0.48
Cash And Short Term Investments	0.99	0.91	0.64	-1.0	0.66	1.0	0.6		-0.44	1.0	-0.57	-0.59	-0.21	0.04	-0.59	0.64	-0.67	0.54	-0.18	0.48	0.7	0.23	0.42	-0.41	0.42	0.42
Common Stock Shares Outstanding	-0.46	-0.64	-0.58	0.42	-0.91	-0.44	-0.49	-0.44		-0.43	0.98	0.66	0.47	0.17	0.66	-0.55	0.63	-0.82	0.6	-0.41	-0.43	-0.87	-0.85	0.82	-0.85	-0.85
Total Current Assets	0.99	0.91	0.62	-1.0	0.65	1.0	0.57	1.0	-0.43		-0.56	-0.6	-0.17	0.01	-0.6	0.62	-0.68	0.53	-0.17	0.53	0.69	0.21	0.41	-0.4	0.41	0.41
Common Stock	-0.6	-0.75	-0.68	0.55	-0.95	-0.57	-0.6	-0.57	0.98	-0.56		0.71	0.48	0.18	0.71	-0.66	0.71	-0.83	0.56	-0.51	-0.51	-0.85	-0.82	0.79	-0.82	-0.82
Total Current Liabilities	-0.6	-0.86	-0.45	0.58	-0.81	-0.59	-0.36	-0.59	0.66	-0.6	0.71		0.4	0.11	1.0	-0.41	0.98	-0.74	0.33	-0.53	-0.77	-0.66	-0.53	0.52	-0.53	-0.53
Net Receivables	-0.19	-0.35	-0.31	0.2	-0.52	-0.21	-0.22	-0.21	0.47	-0.17	0.48	0.4		-0.03	0.4	-0.3	0.35	-0.52	0.12	-0.06	-0.56	-0.54	-0.31	0.32	-0.31	-0.31
Other Stockholder Equity	-0.04	-0.09	-0.23	-0.03	-0.16	0.04	-0.25	0.04	0.17	0.01	0.18	0.11	-0.03		0.11	-0.28	0.05	-0.16	-0.05	-0.58	0.08	-0.02	-0.35	0.35	-0.35	-0.35
Total Liab	-0.6	-0.86	-0.45	0.58	-0.81	-0.59	-0.36	-0.59	0.66	-0.6	0.71	1.0	0.4	0.11		-0.41	0.98	-0.74	0.33	-0.53	-0.77	-0.66	-0.53	0.52	-0.53	-0.53
Non Currrent Assets Other	0.73	0.68	0.99	-0.64	0.7	0.64	0.99	0.64	-0.55	0.62	-0.66	-0.41	-0.3	-0.28	-0.41		-0.48	0.51	-0.35	0.38	0.3	0.43	0.56	-0.56	0.56	0.56
Other Current Liab	-0.68	-0.9	-0.53	0.66	-0.81	-0.67	-0.44	-0.67	0.63	-0.68	0.71	0.98	0.35	0.05	0.98	-0.48		-0.74	0.35	-0.52	-0.77	-0.66	-0.48	0.47	-0.48	-0.48
Accounts Payable	0.55	0.71	0.55	-0.52	0.88	0.54	0.45	0.54	-0.82	0.53	-0.83	-0.74	-0.52	-0.16	-0.74	0.51	-0.74		-0.73	0.46	0.59	0.8	0.8	-0.8	0.8	0.8
Inventory	-0.21	-0.3	-0.39	0.15	-0.56	-0.18	-0.34	-0.18	0.6	-0.17	0.56	0.33	0.12	-0.05	0.33	-0.35	0.35	-0.73		-0.2	-0.12	-0.62	-0.73	0.73	-0.73	-0.73
Other Current Assets	0.53	0.58	0.38	-0.48	0.55	0.48	0.34	0.48	-0.41	0.53	-0.51	-0.53	-0.06	-0.58	-0.53	0.38	-0.52	0.46	-0.2		0.37	0.3	0.43	-0.42	0.43	0.43
Net Tangible Assets	0.65	0.81	0.29	-0.69	0.6	0.7	0.2	0.7	-0.43	0.69	-0.51	-0.77	-0.56	0.08	-0.77	0.3	-0.77	0.59	-0.12	0.37		0.38	0.33	-0.33	0.33	0.33
Property Plant Equipment	0.26	0.51	0.49	-0.2	0.83	0.23	0.4	0.23	-0.87	0.21	-0.85	-0.66	-0.54	-0.02	-0.66	0.43	-0.66	0.8	-0.62	0.3	0.38		0.63	-0.61	0.63	0.63
Short Long Term Debt Total	0.45	0.56	0.54	-0.4	0.8	0.42	0.48	0.42	-0.85	0.41	-0.82	-0.53	-0.31	-0.35	-0.53	0.56	-0.48	0.8	-0.73	0.43	0.33	0.63		-0.99	1.0	1.0
Current Deferred Revenue	-0.44	-0.55	-0.54	0.4	-0.8	-0.41	-0.48	-0.41	0.82	-0.4	0.79	0.52	0.32	0.35	0.52	-0.56	0.47	-0.8	0.73	-0.42	-0.33	-0.61	-0.99		-0.99	-0.99
Short Long Term Debt	0.45	0.56	0.54	-0.4	0.8	0.42	0.48	0.42	-0.85	0.41	-0.82	-0.53	-0.31	-0.35	-0.53	0.56	-0.48	0.8	-0.73	0.43	0.33	0.63	1.0	-0.99		1.0
Short Term Debt	0.45	0.56	0.54	-0.4	0.8	0.42	0.48	0.42	-0.85	0.41	-0.82	-0.53	-0.31	-0.35	-0.53	0.56	-0.48	0.8	-0.73	0.43	0.33	0.63	1.0	-0.99	1.0

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Asiabasemetals Account Relationship Matchups

Asiabasemetals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	169.2K	106.3K	82.5K	20.8K	18.7K	17.8K
Total Stockholder Equity	(310.3K)	(251.4K)	(91.8K)	(394.7K)	(355.2K)	(337.5K)
Net Debt	(116.7K)	(65.5K)	(40.2K)	(1.5K)	(1.7K)	(1.8K)
Retained Earnings	(5.5M)	(5.8M)	(6.1M)	(6.8M)	(6.1M)	(5.8M)
Cash	116.7K	65.5K	40.2K	1.5K	1.3K	1.3K
Non Current Assets Total	23.2K	33.2K	21.7K	13.5K	12.1K	11.5K
Cash And Short Term Investments	116.7K	65.5K	40.2K	1.5K	1.3K	1.3K
Common Stock Shares Outstanding	42.1M	44.5M	46.8M	49.2M	56.6M	29.7M
Liabilities And Stockholders Equity	169.2K	106.3K	82.5K	20.8K	18.7K	17.8K
Total Current Assets	147.5K	84.6K	60.8K	7.3K	6.6K	6.3K
Common Stock	3.9M	4.2M	4.6M	4.7M	5.4M	3.1M
Total Current Liabilities	479.4K	357.7K	174.3K	415.5K	477.8K	501.7K
Net Receivables	17.0K	14.3K	20.7K	5.8K	6.7K	10.3K
Other Stockholder Equity	761.6K	980.3K	1.3M	1.4M	1.6M	1.5M
Total Liab	479.4K	357.7K	174.3K	415.5K	477.8K	501.7K
Other Current Liab	479.3K	357.4K	174.2K	415.4K	477.7K	501.6K
Accounts Payable	168.36	261.75	91.05	135.34	121.81	115.72
Accumulated Other Comprehensive Income	980.3K	1.3M	1.4M	1.7M	2.0M	2.1M
Other Current Assets	13.8K	4.8K	20.65	5.83	5.25	4.98
Net Tangible Assets	(3.5K)	(310.3K)	(251.4K)	(91.8K)	(82.6K)	(78.5K)
Net Invested Capital	(310.3K)	(251.4K)	(91.8K)	(394.7K)	(355.2K)	(337.5K)
Net Working Capital	(331.9K)	(273.1K)	(113.5K)	(408.2K)	(367.4K)	(349.0K)
Capital Stock	3.9M	4.2M	4.6M	4.7M	5.4M	4.3M

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