Aimia Total Current Assets vs Good Will Analysis

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 Total Current Assets and its Good Will 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.

Total Current Assets vs Good Will

Total Current Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aimia Inc Total Current Assets account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Aimia's Total Current Assets and Good Will is 0.05. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Good Will 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 Total Current Assets and Good Will 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 Current Assets of Aimia Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Assets i.e., Aimia's Total Current Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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.
 2023 2024 (projected)
Research Development60.4M53.7M
Reconciled Depreciation22.9M21.8M

Aimia fundamental ratios Correlations

0.880.210.680.910.740.940.210.790.890.9-0.540.980.580.21-0.380.76-0.10.850.63-0.070.80.20.870.390.9
0.88-0.080.560.670.620.690.210.680.650.83-0.590.920.870.63-0.510.6-0.210.620.430.030.550.630.620.70.65
0.21-0.080.370.460.130.37-0.280.10.490.230.120.0-0.3-0.50.480.250.170.260.19-0.360.05-0.530.18-0.260.44
0.680.560.370.760.070.720.190.140.750.6-0.460.620.20.00.00.640.210.680.59-0.030.560.120.550.370.77
0.910.670.460.760.560.960.210.60.960.81-0.410.840.27-0.11-0.160.73-0.010.870.68-0.090.78-0.090.870.250.96
0.740.620.130.070.560.66-0.040.990.610.67-0.290.730.520.15-0.430.51-0.180.560.33-0.230.580.040.70.050.58
0.940.690.370.720.960.660.220.70.930.81-0.460.890.28-0.12-0.220.8-0.050.920.73-0.080.87-0.110.920.170.98
0.210.21-0.280.190.21-0.040.220.020.070.13-0.210.270.070.07-0.20.130.00.230.250.280.310.090.250.160.18
0.790.680.10.140.60.990.70.020.650.74-0.310.790.570.19-0.480.51-0.180.590.35-0.190.610.10.730.110.61
0.890.650.490.750.960.610.930.070.650.81-0.410.810.3-0.11-0.170.720.10.830.63-0.180.75-0.080.870.190.92
0.90.830.230.60.810.670.810.130.740.81-0.220.870.60.26-0.580.44-0.080.60.3-0.240.530.260.720.310.72
-0.54-0.590.12-0.46-0.41-0.29-0.46-0.21-0.31-0.41-0.22-0.58-0.45-0.34-0.16-0.820.13-0.68-0.79-0.42-0.67-0.38-0.44-0.6-0.56
0.980.920.00.620.840.730.890.270.790.810.87-0.580.660.32-0.50.73-0.130.810.610.00.80.320.860.460.83
0.580.87-0.30.20.270.520.280.070.570.30.6-0.450.660.89-0.580.25-0.180.20.05-0.010.180.860.280.720.22
0.210.63-0.50.0-0.110.15-0.120.070.19-0.110.26-0.340.320.89-0.47-0.03-0.2-0.14-0.190.1-0.160.98-0.120.74-0.15
-0.38-0.510.480.0-0.16-0.43-0.22-0.2-0.48-0.17-0.58-0.16-0.5-0.58-0.470.18-0.030.030.30.31-0.11-0.45-0.31-0.14-0.02
0.760.60.250.640.730.510.80.130.510.720.44-0.820.730.25-0.030.18-0.20.940.940.250.87-0.010.740.340.88
-0.1-0.210.170.21-0.01-0.18-0.050.0-0.180.1-0.080.13-0.13-0.18-0.2-0.03-0.2-0.18-0.18-0.53-0.08-0.12-0.05-0.24-0.06
0.850.620.260.680.870.560.920.230.590.830.6-0.680.810.2-0.140.030.94-0.180.930.220.95-0.110.870.250.96
0.630.430.190.590.680.330.730.250.350.630.3-0.790.610.05-0.190.30.94-0.180.930.410.89-0.140.690.260.83
-0.070.03-0.36-0.03-0.09-0.23-0.080.28-0.19-0.18-0.24-0.420.0-0.010.10.310.25-0.530.220.410.210.15-0.030.330.01
0.80.550.050.560.780.580.870.310.610.750.53-0.670.80.18-0.16-0.110.87-0.080.950.890.21-0.120.890.140.87
0.20.63-0.530.12-0.090.04-0.110.090.1-0.080.26-0.380.320.860.98-0.45-0.01-0.12-0.11-0.140.15-0.12-0.10.76-0.13
0.870.620.180.550.870.70.920.250.730.870.72-0.440.860.28-0.12-0.310.74-0.050.870.69-0.030.89-0.10.060.87
0.390.7-0.260.370.250.050.170.160.110.190.31-0.60.460.720.74-0.140.34-0.240.250.260.330.140.760.060.22
0.90.650.440.770.960.580.980.180.610.920.72-0.560.830.22-0.15-0.020.88-0.060.960.830.010.87-0.130.870.22
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Aimia Account Relationship Matchups

Aimia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets571.8M444.2M431M804M963.6M915.4M
Total Current Liabilities119.7M3.5M10.1M7.3M97M92.2M
Total Stockholder Equity435.6M431.3M404M776.9M568.6M725.5M
Net Debt(92.6M)(146.1M)(34.8M)(505.3M)68.4M72.7M
Accounts Payable21M3.5M4.7M7.3M51.2M48.6M
Cash98.6M146.1M34.8M505.3M109.5M104.0M
Non Current Assets Total203.6M250.4M356.8M243.1M625.6M594.3M
Non Currrent Assets Other33.1M(250.4M)(356.8M)(243.1M)38.6M36.7M
Cash And Short Term Investments185.2M146.1M34.8M505.3M137.3M130.4M
Net Receivables66.8M8.6M900K19.7M102.3M173.6M
Common Stock Shares Outstanding126.8M93.1M90.9M88.4M84.7M112.2M
Liabilities And Stockholders Equity571.8M444.2M431M804M963.6M915.4M
Other Stockholder Equity839.4M2.3B2.0B2.0B2.0B1.5B
Total Liab136.2M3.5M27M27.1M380.5M361.5M
Total Current Assets368.2M154.7M35.7M525M338M321.1M
Other Current Liab53.2M(3.5M)5.4M(7.3M)24.5M23.3M
Retained Earnings(2.1B)(2.1B)(2.1B)(1.7B)(1.9B)(2.0B)
Short Long Term Debt Total514.5M300.9M6M177.9M160.1M152.1M
Property Plant And Equipment Net19.2M1M1.5M0.0149.5M157.0M
Current Deferred Revenue1.3B57.9M43.8M4.1M3.7M3.5M
Good Will1.7B0.011.1M11M164M155.8M
Short Term Investments86.6M18.7M77.5M52.9M27.8M26.4M
Non Current Liabilities Total16.5M12.9M27M7.3M283.5M269.3M
Other Current Assets115.3M(177M)(115.9M)(578.8M)37.2M35.3M
Accumulated Other Comprehensive Income9.8M30.8M32.5M14.4M(7.1M)(6.7M)
Short Term Debt65.2M300.9M1.7M0.017.2M16.3M
Intangible Assets23.4M18.9M1.8M1.1M218.7M207.8M
Inventory900K177M115.9M1.061.2M35.8M
Other Liab12.2M8.5M16.9M17.6M15.8M15.0M
Net Tangible Assets185.6M187.3M160.8M775.8M892.2M936.8M
Other Assets41.1M39.1M38.5M35.9M41.3M26.3M
Long Term Investments144.2M237.5M344.7M242M73.8M70.1M
Capital Surpluse1.2B2.3B2.3B2.2B2.6B1.9B

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.