| AIM Stock | | | CAD 2.47 0.06 2.37% |
Aimia financial indicator trend analysis is way more than just evaluating Aimia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aimia Inc is a good investment. Please check the relationship between Aimia Cash and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aimia Inc. 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 Total Liab
Cash vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aimia Inc Cash account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aimia's Cash and Total Liab is 0.73. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Liab in the same time period over historical financial statements of Aimia Inc, assuming nothing else is changed. The correlation between historical values of Aimia's Cash and Total Liab 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 Aimia Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash i.e., Aimia's Cash and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.73 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Aimia Inc, which is listed under current asset account on Aimia Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aimia customers. The amounts must be unrestricted with restricted cash listed in a different Aimia 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.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Aimia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aimia Inc 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 Aimia Inc. 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, Aimia's
Issuance Of Capital Stock is very stable compared to the past year. As of the 23rd of November 2024,
Sales General And Administrative To Revenue is likely to grow to 1.41, while
Selling General Administrative is likely to drop about 149.7
M.
Aimia fundamental ratios Correlations
Click cells to compare fundamentals
Aimia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aimia fundamental ratios Accounts
Other Information on Investing in Aimia Stock
Balance Sheet is a snapshot of the
financial position of Aimia Inc at a specified time, usually calculated after every quarter, six months, or one year. Aimia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aimia and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aimia currently owns. An asset can also be divided into two categories, current and non-current.