Anfield Retained Earnings vs Total Assets Analysis

AEC Stock  CAD 0.11  0.01  8.33%   
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 Retained Earnings and its Total Assets 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anfield Resources Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Anfield Resources' Retained Earnings and Total Assets is -0.68. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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' Retained Earnings and Total 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 Retained Earnings of Anfield Resources are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Anfield Resources' Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Anfield Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Anfield Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
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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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