Anfield Cash vs Inventory Analysis

AEC Stock  CAD 0.12  0.01  7.69%   
Anfield Resources financial indicator trend analysis is way more than just evaluating Anfield Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anfield Resources is a good investment. Please check the relationship between Anfield Resources Cash and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anfield Resources. 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.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anfield Resources Cash account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anfield Resources' Cash and Inventory is -0.44. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Anfield Resources, assuming nothing else is changed. The correlation between historical values of Anfield Resources' Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Anfield Resources are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., Anfield Resources' Cash and Inventory go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Anfield Resources, which is listed under current asset account on Anfield Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Anfield Resources customers. The amounts must be unrestricted with restricted cash listed in a different Anfield Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Inventory

Most indicators from Anfield Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anfield 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 Anfield Resources. 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.
At this time, Anfield Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 7.6 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (6.29).

Anfield Resources fundamental ratios Correlations

0.00.790.08-0.680.640.860.950.150.420.80.870.00.971.00.590.25-0.10.83-0.79-0.910.420.860.8-0.590.79
0.0-0.580.53-0.480.270.11-0.17-0.350.840.17-0.031.0-0.14-0.020.340.170.63-0.06-0.030.1-0.47-0.030.1-0.520.43
0.79-0.58-0.21-0.180.340.620.860.21-0.230.510.7-0.580.840.790.220.17-0.480.72-0.59-0.780.650.70.64-0.080.39
0.080.53-0.21-0.220.450.340.0-0.170.430.380.310.55-0.020.050.21-0.010.19-0.06-0.370.0-0.030.310.14-0.20.2
-0.68-0.48-0.18-0.22-0.76-0.76-0.640.03-0.81-0.78-0.71-0.48-0.52-0.66-0.72-0.19-0.14-0.470.740.550.04-0.71-0.580.97-0.86
0.640.270.340.45-0.760.930.65-0.080.510.970.870.290.460.60.60.13-0.160.27-0.93-0.440.420.870.7-0.640.76
0.860.110.620.34-0.760.930.87-0.020.440.980.970.120.730.830.610.23-0.20.57-0.96-0.720.470.970.82-0.650.82
0.95-0.170.860.0-0.640.650.870.080.230.790.91-0.170.910.950.50.27-0.280.83-0.83-0.910.440.910.79-0.570.76
0.15-0.350.21-0.170.03-0.08-0.020.08-0.040.050.04-0.360.250.160.24-0.24-0.08-0.01-0.04-0.110.410.04-0.020.11-0.21
0.420.84-0.230.43-0.810.510.440.23-0.040.510.340.830.30.410.640.150.530.23-0.38-0.25-0.240.340.37-0.790.67
0.80.170.510.38-0.780.970.980.790.050.510.940.190.660.770.640.17-0.150.44-0.96-0.620.480.940.77-0.660.79
0.87-0.030.70.31-0.710.870.970.910.040.340.94-0.010.760.840.560.15-0.320.62-0.98-0.740.481.00.78-0.60.77
0.01.0-0.580.55-0.480.290.12-0.17-0.360.830.19-0.01-0.14-0.020.340.150.6-0.06-0.050.1-0.46-0.010.11-0.520.44
0.97-0.140.84-0.02-0.520.460.730.910.250.30.660.76-0.140.980.510.23-0.070.83-0.66-0.920.440.760.71-0.430.64
1.0-0.020.790.05-0.660.60.830.950.160.410.770.84-0.020.980.580.25-0.090.84-0.76-0.920.410.840.79-0.570.78
0.590.340.220.21-0.720.60.610.50.240.640.640.560.340.510.580.30.130.37-0.58-0.390.190.560.57-0.630.61
0.250.170.17-0.01-0.190.130.230.27-0.240.150.170.150.150.230.250.30.220.17-0.1-0.230.080.150.41-0.230.26
-0.10.63-0.480.19-0.14-0.16-0.2-0.28-0.080.53-0.15-0.320.6-0.07-0.090.130.22-0.180.320.09-0.5-0.32-0.21-0.2-0.02
0.83-0.060.72-0.06-0.470.270.570.83-0.010.230.440.62-0.060.830.840.370.17-0.18-0.5-0.870.090.620.62-0.480.68
-0.79-0.03-0.59-0.370.74-0.93-0.96-0.83-0.04-0.38-0.96-0.98-0.05-0.66-0.76-0.58-0.10.32-0.50.62-0.48-0.98-0.750.62-0.76
-0.910.1-0.780.00.55-0.44-0.72-0.91-0.11-0.25-0.62-0.740.1-0.92-0.92-0.39-0.230.09-0.870.62-0.2-0.74-0.570.54-0.65
0.42-0.470.65-0.030.040.420.470.440.41-0.240.480.48-0.460.440.410.190.08-0.50.09-0.48-0.20.480.60.240.12
0.86-0.030.70.31-0.710.870.970.910.040.340.941.0-0.010.760.840.560.15-0.320.62-0.98-0.740.480.78-0.60.77
0.80.10.640.14-0.580.70.820.79-0.020.370.770.780.110.710.790.570.41-0.210.62-0.75-0.570.60.78-0.460.79
-0.59-0.52-0.08-0.20.97-0.64-0.65-0.570.11-0.79-0.66-0.6-0.52-0.43-0.57-0.63-0.23-0.2-0.480.620.540.24-0.6-0.46-0.81
0.790.430.390.2-0.860.760.820.76-0.210.670.790.770.440.640.780.610.26-0.020.68-0.76-0.650.120.770.79-0.81
Click cells to compare fundamentals

Anfield Resources Account Relationship Matchups

Anfield Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0M23.9M31.8M36.0M75.3M79.0M
Total Current Liabilities19.1M23.9M23.9M242.5K657.7K624.8K
Total Stockholder Equity(17.8M)(19.1M)(14.1M)14.7M49.6M52.1M
Net Debt29.4K(1.8M)18.1M(4.3M)91.9K87.3K
Retained Earnings(62.6M)(70.0M)(79.8M)(88.7M)(73.6M)(69.9M)
Cash22.5K1.8M4.8M4.3M2.6M2.7M
Cash And Short Term Investments22.5K1.8M4.9M4.4M5.0M5.3M
Common Stock Shares Outstanding66.9M106.4M249.7M516.1M994.6M1.0B
Liabilities And Stockholders Equity19.0M23.9M31.8M36.0M41.4M43.5M
Other Stockholder Equity2.8M3.2M5.1M13.0M14.9M10.1M
Total Liab36.8M43.0M45.9M21.3M25.7M18.1M
Total Current Assets82.7K2.1M5.3M4.8M4.3M4.5M
Short Long Term Debt Total109.2K52.0K25.5K23.0M26.4M27.7M
Other Current Liab18.1M21.9M23.2M197.5K227.2K215.8K
Property Plant And Equipment Net9.5M12.5M13.6M17.1M56.5M59.3M
Non Current Assets Total18.9M21.8M26.5M31.2M71.0M74.5M
Non Current Liabilities Total17.7M19.1M22.0M21.1M25.0M17.0M
Net Receivables4.2K52.6K19.6K9.1K43.5K23.6K
Accounts Payable567.1K1.2M727.7K45.0K306.8K492.1K
Accumulated Other Comprehensive Income61.4K427.5K572.0K1.2M1.0M809.2K
Non Currrent Assets Other9.4M239.3K286.1K310.8K14.4M15.1M
Current Deferred Revenue424.1K451.2K732.2K(23.0M)(20.7M)(19.6M)
Short Term Debt54.6K26.0K25.5K23.0M26.4M27.7M
Other Liab16.6M15.8M17.7M19.1M22.0M19.1M
Net Tangible Assets(12.5M)(16.8M)(17.8M)(19.1M)(17.2M)(18.1M)
Other Assets265.3K149.9K9.4M9.2M10.6M11.2M
Long Term Debt75.3K54.6K26.0K2.7M3.1M3.3M
Deferred Long Term Liab265.3K149.9K244.2K239.3K215.4K189.3K
Short Long Term Debt25.3K54.6K26.0K25.5K22.9K25.3K
Common Stock41.8M47.2M60.0M89.3M102.6M107.8M
Property Plant Equipment7.2M6.6M9.5M12.5M11.3M9.7M
Net Invested Capital(17.8M)(19.1M)(14.1M)14.7M52.3M54.9M
Net Working Capital(19.1M)(21.8M)(18.6M)4.6M3.6M3.8M
Capital Stock41.8M47.2M60.0M89.3M107.2M69.8M

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