Accent Other Stockholder Equity vs Total Current Assets Analysis

ACS Stock   0.01  0.00  0.00%   
Accent Resources financial indicator trend analysis is way more than just evaluating Accent Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accent Resources is a good investment. Please check the relationship between Accent Resources Other Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accent Resources NL. 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.

Other Stockholder Equity vs Total Current Assets

Other Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accent Resources Other Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Accent Resources' Other Stockholder Equity and Total Current Assets is 0.35. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Accent Resources NL, assuming nothing else is changed. The correlation between historical values of Accent Resources' Other Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Accent Resources NL are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Stockholder Equity i.e., Accent Resources' Other Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Accent Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accent Resources 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 Accent Resources NL. 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 639.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 4.4 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.2M1.3M1.3M2.1M
Total Revenue3.3K25.8K1K950.0

Accent Resources fundamental ratios Correlations

0.550.610.860.05-0.010.620.880.850.87-0.060.250.490.090.040.390.960.870.340.820.060.30.460.30.01-0.26
0.55-0.190.140.72-0.520.170.60.120.770.090.130.64-0.20.420.830.380.760.230.02-0.110.79-0.180.630.4-0.58
0.61-0.190.84-0.740.710.680.320.850.21-0.250.02-0.250.35-0.52-0.480.760.22-0.070.890.26-0.450.89-0.45-0.640.51
0.860.140.84-0.330.30.640.620.990.54-0.150.290.160.15-0.21-0.030.940.540.290.990.14-0.070.660.05-0.190.05
0.050.72-0.74-0.33-0.89-0.410.26-0.340.40.210.230.68-0.480.640.92-0.140.390.38-0.42-0.230.81-0.750.810.8-0.79
-0.01-0.520.710.3-0.890.47-0.270.31-0.36-0.44-0.5-0.810.43-0.77-0.830.16-0.34-0.680.370.45-0.70.84-0.75-0.880.85
0.620.170.680.64-0.410.470.570.60.5-0.12-0.22-0.070.44-0.19-0.10.630.52-0.180.630.10.070.72-0.18-0.450.12
0.880.60.320.620.26-0.270.570.580.970.10.160.690.180.30.610.750.980.370.57-0.110.480.230.50.27-0.56
0.850.120.850.99-0.340.310.60.580.51-0.20.320.140.11-0.26-0.050.930.510.30.980.19-0.110.660.04-0.220.11
0.870.770.210.540.4-0.360.50.970.510.090.160.730.090.350.720.711.00.360.47-0.110.60.140.580.32-0.6
-0.060.09-0.25-0.150.21-0.44-0.120.1-0.20.090.120.530.270.720.22-0.090.10.29-0.15-0.990.22-0.30.030.44-0.53
0.250.130.020.290.23-0.5-0.220.160.320.160.120.42-0.420.250.250.260.140.930.26-0.110.21-0.410.320.36-0.25
0.490.64-0.250.160.68-0.81-0.070.690.140.730.530.42-0.180.680.830.330.720.670.1-0.540.6-0.390.690.73-0.87
0.09-0.20.350.15-0.480.430.440.180.110.090.27-0.42-0.18-0.05-0.310.090.12-0.370.18-0.28-0.250.47-0.34-0.250.15
0.040.42-0.52-0.210.64-0.77-0.190.3-0.260.350.720.250.68-0.050.65-0.090.350.46-0.26-0.730.73-0.570.550.78-0.79
0.390.83-0.48-0.030.92-0.83-0.10.61-0.050.720.220.250.83-0.310.650.190.710.45-0.12-0.240.86-0.520.860.77-0.88
0.960.380.760.94-0.140.160.630.750.930.71-0.090.260.330.09-0.090.190.710.290.930.090.130.590.12-0.13-0.1
0.870.760.220.540.39-0.340.520.980.511.00.10.140.720.120.350.710.710.340.47-0.120.590.150.560.31-0.6
0.340.23-0.070.290.38-0.68-0.180.370.30.360.290.930.67-0.370.460.450.290.340.25-0.290.34-0.450.50.56-0.52
0.820.020.890.99-0.420.370.630.570.980.47-0.150.260.10.18-0.26-0.120.930.470.250.15-0.170.7-0.07-0.270.12
0.06-0.110.260.14-0.230.450.1-0.110.19-0.11-0.99-0.11-0.54-0.28-0.73-0.240.09-0.12-0.290.15-0.240.29-0.08-0.480.56
0.30.79-0.45-0.070.81-0.70.070.48-0.110.60.220.210.6-0.250.730.860.130.590.34-0.17-0.24-0.480.70.6-0.74
0.46-0.180.890.66-0.750.840.720.230.660.14-0.3-0.41-0.390.47-0.57-0.520.590.15-0.450.70.29-0.48-0.49-0.710.55
0.30.63-0.450.050.81-0.75-0.180.50.040.580.030.320.69-0.340.550.860.120.560.5-0.07-0.080.7-0.490.85-0.72
0.010.4-0.64-0.190.8-0.88-0.450.27-0.220.320.440.360.73-0.250.780.77-0.130.310.56-0.27-0.480.6-0.710.85-0.83
-0.26-0.580.510.05-0.790.850.12-0.560.11-0.6-0.53-0.25-0.870.15-0.79-0.88-0.1-0.6-0.520.120.56-0.740.55-0.72-0.83
Click cells to compare fundamentals

Accent Resources Account Relationship Matchups

Accent Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8M6.0M10.4M18.3M22.2M23.3M
Total Current Liabilities799.1K611.2K461.0K643.6K10.2M10.8M
Total Stockholder Equity(4.0M)1.4M1.7M3.4M1.8M1.7M
Property Plant And Equipment Net3.6M4.0M7.3M10.5M12.9M6.6M
Net Debt6.9M2.1M5.2M6.5M12.7M13.4M
Retained Earnings(35.8M)(38.0M)(41.0M)(44.1M)(48.0M)(45.6M)
Accounts Payable151.7K124.3K25.7K166.1K190K152.3K
Cash1.1M1.9M3.0M7.8M6.7M7.0M
Non Current Assets Total3.6M4.0M7.3M10.5M12.9M6.8M
Cash And Short Term Investments1.1M1.9M3.0M7.8M9.3M9.8M
Net Receivables51.7K162.1K128.6K26.4K29K56.9K
Liabilities And Stockholders Equity4.8M6.0M10.4M18.3M22.2M23.3M
Other Current Assets51.7K162.1K128.6K30.5K17K16.2K
Other Stockholder Equity3.0M5.8M2.3M3.4M3.4M3.5M
Total Liab8.8M4.6M8.7M14.9M20.4M21.4M
Property Plant And Equipment Gross3.6M4.3M7.6M10.8M13.3M13.9M
Total Current Assets1.1M2.0M3.1M7.8M9.3M9.8M
Accumulated Other Comprehensive Income2.7M5.8M6.8M6.2M8.6M9.0M
Property Plant Equipment3.6M4.0M7.3M10.5M9.4M6.4M
Inventory(51.7K)(162.1K)(128.6K)(30.5K)(46K)(48.3K)
Other Current Liab647.4K451.1K(1.0)470.5K808K848.4K
Net Tangible Assets(4.0M)1.4M1.7M3.4M3.0M2.2M
Short Long Term Debt Total8.0M4.0M8.2M14.3M19.4M10.1M
Non Currrent Assets Other(3.6M)(4.0M)(7.3M)(10.5M)(9.4M)(9.0M)
Long Term Debt8.0M3.8M8.1M14.0M10.0M7.7M
Long Term Debt Total8.0M4.0M8.2M14.3M16.4M17.2M
Non Current Liabilities Total8.0M4.0M8.2M14.3M10.2M7.8M
Capital Surpluse3.4M6.5M6.5M6.0M6.9M4.0M
Cash And Equivalents1.1M1.9M3.0M7.8M9.0M9.4M
Net Invested Capital4.0M5.3M9.8M17.4M21.0M22.0M
Net Working Capital345.5K1.4M2.7M7.2M(907K)(861.7K)

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