Arizona Roic vs Interest Coverage Analysis

AMC Stock   1.68  0.01  0.59%   
Arizona Metals financial indicator trend analysis is way more than just evaluating Arizona Metals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arizona Metals Corp is a good investment. Please check the relationship between Arizona Metals Roic and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Metals Corp. 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.

Roic vs Interest Coverage

Roic vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arizona Metals Corp Roic account and Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Arizona Metals' Roic and Interest Coverage is -0.4. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Arizona Metals Corp, assuming nothing else is changed. The correlation between historical values of Arizona Metals' Roic and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Arizona Metals Corp are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Roic i.e., Arizona Metals' Roic and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Interest Coverage

Most indicators from Arizona Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arizona Metals Corp 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 Arizona Metals Corp. 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.
As of the 26th of November 2024, Enterprise Value is likely to grow to about 448.2 M, while Selling General Administrative is likely to drop about 895.2 K.
 2023 2024 (projected)
Research Development526.7K332.3K
Interest Expense261.3K274.3K

Arizona Metals fundamental ratios Correlations

0.950.741.0-0.69-0.750.690.540.680.381.00.870.720.330.741.00.890.260.690.330.33-0.32-0.28
0.950.690.95-0.85-0.640.850.440.590.60.950.80.770.220.690.950.790.160.850.220.22-0.23-0.22
0.740.690.73-0.36-0.950.360.940.970.130.730.810.590.811.00.730.940.820.380.810.82-0.86-0.82
1.00.950.73-0.7-0.750.70.530.670.381.00.860.720.320.731.00.880.250.690.320.32-0.31-0.27
-0.69-0.85-0.36-0.70.2-1.0-0.04-0.18-0.83-0.7-0.41-0.510.12-0.36-0.7-0.390.17-0.990.120.12-0.12-0.11
-0.75-0.64-0.95-0.750.2-0.2-0.95-0.990.03-0.75-0.89-0.64-0.8-0.95-0.75-0.97-0.79-0.21-0.8-0.810.830.78
0.690.850.360.7-1.0-0.20.030.170.830.690.410.51-0.120.360.70.39-0.170.99-0.12-0.120.120.11
0.540.440.940.53-0.04-0.950.030.98-0.140.530.730.460.910.940.530.860.940.060.910.92-0.96-0.92
0.680.590.970.67-0.18-0.990.170.980.00.670.840.610.840.970.680.940.850.190.840.85-0.89-0.85
0.380.60.130.38-0.830.030.83-0.140.00.370.270.56-0.250.130.380.11-0.320.81-0.25-0.250.260.25
1.00.950.731.0-0.7-0.750.690.530.670.370.860.710.320.731.00.880.250.690.320.32-0.31-0.27
0.870.80.810.86-0.41-0.890.410.730.840.270.860.850.580.810.860.910.460.430.580.58-0.54-0.43
0.720.770.590.72-0.51-0.640.510.460.610.560.710.850.220.590.720.690.170.520.220.23-0.25-0.26
0.330.220.810.320.12-0.8-0.120.910.84-0.250.320.580.220.810.320.660.94-0.091.01.0-0.96-0.8
0.740.691.00.73-0.36-0.950.360.940.970.130.730.810.590.810.730.940.820.380.810.82-0.86-0.82
1.00.950.731.0-0.7-0.750.70.530.680.381.00.860.720.320.730.880.250.70.320.32-0.31-0.27
0.890.790.940.88-0.39-0.970.390.860.940.110.880.910.690.660.940.880.650.40.660.67-0.7-0.67
0.260.160.820.250.17-0.79-0.170.940.85-0.320.250.460.170.940.820.250.65-0.140.940.95-1.0-0.95
0.690.850.380.69-0.99-0.210.990.060.190.810.690.430.52-0.090.380.70.4-0.14-0.09-0.090.090.09
0.330.220.810.320.12-0.8-0.120.910.84-0.250.320.580.221.00.810.320.660.94-0.091.0-0.96-0.8
0.330.220.820.320.12-0.81-0.120.920.85-0.250.320.580.231.00.820.320.670.95-0.091.0-0.97-0.81
-0.32-0.23-0.86-0.31-0.120.830.12-0.96-0.890.26-0.31-0.54-0.25-0.96-0.86-0.31-0.7-1.00.09-0.96-0.970.94
-0.28-0.22-0.82-0.27-0.110.780.11-0.92-0.850.25-0.27-0.43-0.26-0.8-0.82-0.27-0.67-0.950.09-0.8-0.810.94
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Arizona Metals Account Relationship Matchups

Arizona Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3M4.8M57.3M53.3M31.6M23.6M
Other Current Liab117.8K188.3K1.1M607.1K350K357.4K
Total Current Liabilities117.9K188.4K1.1M607.8K1.5M1.6M
Total Stockholder Equity2.2M4.6M56.2M52.7M30.0M23.1M
Net Debt(1.6M)(3.9M)(55.8M)(7.0M)(550.4K)(577.9K)
Retained Earnings(8.5M)(15.7M)(35.3M)(59.5M)(83.9M)(79.7M)
Cash1.6M3.9M55.8M7.0M550.4K522.9K
Cash And Short Term Investments1.6M3.9M55.8M52.2M30.1M22.7M
Common Stock Shares Outstanding41.2M60.0M85.1M111.6M116.1M65.6M
Liabilities And Stockholders Equity2.3M4.8M57.3M53.3M31.6M23.6M
Other Current Assets569.6K717.4K695.7K671.9K388.1K492.2K
Total Liab117.9K188.4K1.1M607.8K1.5M1.6M
Total Current Assets2.3M4.6M57.0M52.9M30.5M23.3M
Accumulated Other Comprehensive Income3.1M5.0M5.2M4.9M6.4M4.0M
Common Stock7.6M15.3M86.3M107.3M107.5M112.9M
Accounts Payable109.95174.171.1K607.761.2M1.2M
Net Receivables87.3K32.0K572.7K79.6K36.0K34.2K

Other Information on Investing in Arizona Stock

Balance Sheet is a snapshot of the financial position of Arizona Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. Arizona Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arizona Metals 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 Arizona currently owns. An asset can also be divided into two categories, current and non-current.