Aspire Income Before Tax vs Depreciation And Amortization Analysis

AKM Stock

0.24 0.02 7.69%

Aspire Mining financial indicator trend analysis is way more than just evaluating Aspire Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aspire Mining is a good investment. Please check the relationship between Aspire Mining Income Before Tax and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspire Mining. 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.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aspire Mining Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Aspire Mining's Income Before Tax and Depreciation And Amortization is -0.65. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Aspire Mining, assuming nothing else is changed. The correlation between historical values of Aspire Mining's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Aspire Mining are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Aspire Mining's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Aspire Mining income statement and is an important metric when analyzing Aspire Mining profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Aspire Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aspire Mining 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 Aspire Mining. 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.

Tax Provision is likely to gain to about 29.2 K in 2025, whereas Selling General Administrative is likely to drop slightly above 619.8 K in 2025.

Aspire Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Net Debt	Common Stock Total Equity	Inventory	Other Stockholder Equity	Property Plant And Equipment Gross	Short Term Investments	Short Term Debt
Total Assets		-0.3	0.99	-0.03	-0.7	0.04	0.69	0.71	0.2	-0.08	0.84	0.34	0.71	0.38	-0.39	0.85	0.73	0.7	-0.33	-0.67	0.81	-0.32	-0.48	0.7	0.04	-0.41
Total Current Liabilities	-0.3		-0.41	0.04	0.26	0.01	-0.42	0.12	0.13	0.18	-0.5	-0.29	-0.48	-0.32	0.83	-0.51	-0.35	0.13	0.73	0.52	-0.36	0.16	0.57	0.11	0.43	0.83
Total Stockholder Equity	0.99	-0.41		-0.09	-0.7	0.03	0.74	0.61	0.18	-0.09	0.89	0.36	0.75	0.4	-0.52	0.9	0.74	0.61	-0.43	-0.73	0.82	-0.32	-0.53	0.61	-0.06	-0.53
Property Plant And Equipment Net	-0.03	0.04	-0.09		0.11	0.27	-0.45	0.41	-0.23	-0.27	-0.39	0.38	-0.23	0.4	0.28	-0.35	0.03	0.41	0.06	0.47	-0.1	-0.48	0.56	0.43	0.22	0.18
Retained Earnings	-0.7	0.26	-0.7	0.11		0.28	-0.38	-0.46	-0.63	0.39	-0.6	-0.62	-0.91	-0.65	0.36	-0.62	-0.93	-0.44	0.42	0.37	-0.94	0.61	0.38	-0.46	0.27	0.26
Accounts Payable	0.04	0.01	0.03	0.27	0.28		0.13	0.06	-0.53	0.1	0.0	-0.11	-0.27	0.01	0.01	0.0	-0.19	0.06	0.31	-0.14	-0.18	0.1	0.1	0.04	0.36	-0.08
Cash	0.69	-0.42	0.74	-0.45	-0.38	0.13		0.1	0.03	0.02	0.9	0.01	0.57	0.07	-0.58	0.88	0.43	0.1	-0.41	-0.99	0.56	0.15	-0.7	0.08	-0.05	-0.57
Non Current Assets Total	0.71	0.12	0.61	0.41	-0.46	0.06	0.1		0.17	-0.03	0.21	0.21	0.26	0.22	0.23	0.22	0.44	1.0	0.03	-0.03	0.49	-0.32	-0.07	1.0	0.48	0.14
Non Currrent Assets Other	0.2	0.13	0.18	-0.23	-0.63	-0.53	0.03	0.17		-0.11	0.14	0.17	0.45	0.17	0.06	0.15	0.44	0.17	-0.31	0.02	0.47	-0.21	-0.23	0.18	-0.13	0.3
Other Assets	-0.08	0.18	-0.09	-0.27	0.39	0.1	0.02	-0.03	-0.11		-0.07	-0.79	-0.51	-0.77	0.26	-0.09	-0.63	-0.01	0.18	-0.03	-0.51	0.65	-0.23	-0.06	0.38	0.23
Cash And Short Term Investments	0.84	-0.5	0.89	-0.39	-0.6	0.0	0.9	0.21	0.14	-0.07		0.28	0.77	0.32	-0.7	1.0	0.65	0.2	-0.48	-0.92	0.74	-0.15	-0.62	0.2	-0.29	-0.67
Net Receivables	0.34	-0.29	0.36	0.38	-0.62	-0.11	0.01	0.21	0.17	-0.79	0.28		0.65	0.98	-0.4	0.31	0.79	0.19	-0.26	-0.04	0.64	-0.96	0.26	0.24	-0.49	-0.36
Common Stock Shares Outstanding	0.71	-0.48	0.75	-0.23	-0.91	-0.27	0.57	0.26	0.45	-0.51	0.77	0.65		0.67	-0.64	0.79	0.95	0.24	-0.54	-0.58	0.96	-0.54	-0.45	0.27	-0.5	-0.55
Other Current Assets	0.38	-0.32	0.4	0.4	-0.65	0.01	0.07	0.22	0.17	-0.77	0.32	0.98	0.67		-0.42	0.36	0.81	0.2	-0.29	-0.1	0.67	-0.93	0.19	0.25	-0.45	-0.39
Total Liab	-0.39	0.83	-0.52	0.28	0.36	0.01	-0.58	0.23	0.06	0.26	-0.7	-0.4	-0.64	-0.42		-0.7	-0.48	0.24	0.72	0.7	-0.49	0.23	0.47	0.22	0.61	0.96
Total Current Assets	0.85	-0.51	0.9	-0.35	-0.62	0.0	0.88	0.22	0.15	-0.09	1.0	0.31	0.79	0.36	-0.7		0.67	0.22	-0.48	-0.9	0.75	-0.2	-0.6	0.22	-0.3	-0.67
Common Stock	0.73	-0.35	0.74	0.03	-0.93	-0.19	0.43	0.44	0.44	-0.63	0.65	0.79	0.95	0.81	-0.48	0.67		0.43	-0.43	-0.43	0.98	-0.72	-0.26	0.46	-0.35	-0.42
Property Plant Equipment	0.7	0.13	0.61	0.41	-0.44	0.06	0.1	1.0	0.17	-0.01	0.2	0.19	0.24	0.2	0.24	0.22	0.43		0.03	-0.03	0.47	-0.3	-0.08	1.0	0.5	0.15
Other Current Liab	-0.33	0.73	-0.43	0.06	0.42	0.31	-0.41	0.03	-0.31	0.18	-0.48	-0.26	-0.54	-0.29	0.72	-0.48	-0.43	0.03		0.48	-0.46	0.15	0.53	0.02	0.38	0.63
Net Debt	-0.67	0.52	-0.73	0.47	0.37	-0.14	-0.99	-0.03	0.02	-0.03	-0.92	-0.04	-0.58	-0.1	0.7	-0.9	-0.43	-0.03	0.48		-0.54	-0.12	0.71	-0.01	0.14	0.68
Common Stock Total Equity	0.81	-0.36	0.82	-0.1	-0.94	-0.18	0.56	0.49	0.47	-0.51	0.74	0.64	0.96	0.67	-0.49	0.75	0.98	0.47	-0.46	-0.54		-0.56	-0.43	0.5	-0.26	-0.42
Inventory	-0.32	0.16	-0.32	-0.48	0.61	0.1	0.15	-0.32	-0.21	0.65	-0.15	-0.96	-0.54	-0.93	0.23	-0.2	-0.72	-0.3	0.15	-0.12	-0.56		-0.36	-0.35	0.36	0.2
Other Stockholder Equity	-0.48	0.57	-0.53	0.56	0.38	0.1	-0.7	-0.07	-0.23	-0.23	-0.62	0.26	-0.45	0.19	0.47	-0.6	-0.26	-0.08	0.53	0.71	-0.43	-0.36		-0.06	-0.05	0.43
Property Plant And Equipment Gross	0.7	0.11	0.61	0.43	-0.46	0.04	0.08	1.0	0.18	-0.06	0.2	0.24	0.27	0.25	0.22	0.22	0.46	1.0	0.02	-0.01	0.5	-0.35	-0.06		0.45	0.13
Short Term Investments	0.04	0.43	-0.06	0.22	0.27	0.36	-0.05	0.48	-0.13	0.38	-0.29	-0.49	-0.5	-0.45	0.61	-0.3	-0.35	0.5	0.38	0.14	-0.26	0.36	-0.05	0.45		0.51
Short Term Debt	-0.41	0.83	-0.53	0.18	0.26	-0.08	-0.57	0.14	0.3	0.23	-0.67	-0.36	-0.55	-0.39	0.96	-0.67	-0.42	0.15	0.63	0.68	-0.42	0.2	0.43	0.13	0.51

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Aspire Mining Account Relationship Matchups

Aspire Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	70.2M	70.5M	68.7M	66.3M	76.3M	48.1M
Total Current Liabilities	229.2K	378.5K	206.0K	311.8K	280.6K	266.6K
Total Stockholder Equity	70.3M	70.6M	69.0M	66.6M	76.6M	45.4M
Property Plant And Equipment Net	421.7K	389.9K	361.2K	40.1M	36.1M	37.9M
Retained Earnings	(69.2M)	(68.7M)	(69.3M)	(91.1M)	(82.0M)	(77.9M)
Accounts Payable	152.9K	270.4K	16.2K	152.2K	136.9K	186.7K
Cash	34.2M	32.0M	12.9M	10.2M	11.8M	12.7M
Non Current Assets Total	35.5M	37.9M	39.6M	40.1M	46.1M	33.0M
Non Currrent Assets Other	36.5M	35.0M	37.4M	39.2M	45.1M	27.8M
Cash And Short Term Investments	34.2M	32.0M	28.0M	23.5M	27.0M	14.4M
Net Receivables	75.7K	143.7K	256.4K	1.4M	1.6M	1.7M
Common Stock Shares Outstanding	300.6M	433.4M	507.6M	507.6M	583.8M	613.0M
Liabilities And Stockholders Equity	70.2M	70.5M	68.7M	66.3M	76.3M	48.1M
Other Current Assets	457.8K	654.8K	644.7K	2.7M	3.2M	3.3M
Total Liab	272.2K	378.5K	206.0K	311.8K	280.6K	266.6K
Total Current Assets	34.7M	32.6M	29.0M	26.2M	30.1M	15.1M
Accumulated Other Comprehensive Income	(10.5M)	(10.7M)	(11.8M)	(29.3M)	(26.4M)	(25.1M)
Property Plant Equipment	36.8M	35.5M	37.8M	39.6M	45.5M	32.3M
Other Current Liab	65.8K	107.3K	155.4K	159.6K	143.7K	136.5K
Net Debt	(34.1M)	(32.0M)	(12.9M)	(10.2M)	(9.2M)	(9.7M)
Inventory	(75.7K)	(143.7K)	(387.3K)	(1.4M)	(1.3M)	(1.2M)
Other Stockholder Equity	(18.5M)	(10.7M)	(11.8M)	(1.0)	(0.9)	(0.94)
Property Plant And Equipment Gross	36.8M	35.5M	37.8M	40.4M	46.5M	34.3M
Short Term Debt	12.1K	11.6K	10.5K	859.0	773.1	734.45
Intangible Assets	76.9K	28.0K	9.3K	23.2K	20.9K	19.8K
Short Long Term Debt Total	85.5K	70.5K	53.5K	859.0	773.1	734.45
Net Tangible Assets	78.6M	70.3M	70.6M	69.0M	79.3M	56.9M
Net Invested Capital	78.8M	70.4M	70.6M	69.0M	79.3M	65.7M
Net Working Capital	41.3M	34.5M	32.3M	28.8M	33.2M	23.0M

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