Asiabasemetals Total Liab vs Other Stockholder Equity Analysis
ABZ Stock | CAD 0.09 0.01 6.25% |
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 Total Liab and its Other Stockholder Equity 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.
Total Liab vs Other Stockholder Equity
Total Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asiabasemetals Total Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Asiabasemetals' Total Liab and Other Stockholder Equity is 0.11. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Asiabasemetals, assuming nothing else is changed. The correlation between historical values of Asiabasemetals' Total Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Asiabasemetals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Asiabasemetals' Total Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Other Stockholder Equity
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
Click cells to compare fundamentals
Asiabasemetals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Asiabasemetals Stock Analysis
When running Asiabasemetals' price analysis, check to measure Asiabasemetals' 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 Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.