American Other Current Liab vs Other Assets Analysis

AMK Stock  CAD 0.32  0.02  5.88%   
American Creek financial indicator trend analysis is way more than just evaluating American Creek Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Creek Resources is a good investment. Please check the relationship between American Creek Other Current Liab and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Creek 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.

Other Current Liab vs Other Assets

Other Current Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Creek Resources Other Current Liab account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Creek's Other Current Liab and Other Assets is -0.35. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of American Creek Resources, assuming nothing else is changed. The correlation between historical values of American Creek's Other Current Liab and Other 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 Other Current Liab of American Creek Resources are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Liab i.e., American Creek's Other Current Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Other Assets

Most indicators from American Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Creek 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 American Creek 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, American Creek's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 53.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2023 2024 (projected)
Cost Of Revenue10.8K9.8K18.6K
Research Development94.9K95.8K57.4K

American Creek fundamental ratios Correlations

-0.240.380.990.930.070.40.33-0.060.92-0.450.040.03-0.270.460.370.040.210.54-0.360.170.720.140.110.38-0.33
-0.24-0.22-0.21-0.28-0.27-0.36-0.230.27-0.29-0.160.170.60.27-0.04-0.220.17-0.34-0.180.070.08-0.27-0.35-0.06-0.30.2
0.38-0.220.220.480.420.341.0-0.40.49-0.39-0.33-0.51-0.47-0.041.0-0.34-0.03-0.12-0.43-0.170.31-0.60.78-0.04-0.56
0.99-0.210.220.89-0.010.370.170.020.88-0.410.10.14-0.210.50.210.110.230.6-0.290.220.710.25-0.020.41-0.25
0.93-0.280.480.890.420.460.44-0.421.0-0.46-0.34-0.16-0.370.460.48-0.340.270.57-0.4-0.190.60.060.150.43-0.46
0.07-0.270.42-0.010.420.240.41-1.00.44-0.11-0.97-0.65-0.320.040.42-0.970.170.16-0.2-0.87-0.16-0.150.10.2-0.42
0.4-0.360.340.370.460.240.31-0.230.470.32-0.22-0.07-0.940.410.33-0.210.870.54-0.24-0.120.810.080.170.79-0.84
0.33-0.231.00.170.440.410.31-0.390.45-0.37-0.32-0.51-0.45-0.091.0-0.32-0.07-0.18-0.41-0.170.28-0.610.8-0.09-0.53
-0.060.27-0.40.02-0.42-1.0-0.23-0.39-0.430.10.980.640.31-0.05-0.40.98-0.17-0.160.180.880.170.15-0.1-0.20.41
0.92-0.290.490.881.00.440.470.45-0.43-0.45-0.35-0.18-0.380.450.49-0.350.280.57-0.39-0.210.60.060.150.44-0.46
-0.45-0.16-0.39-0.41-0.46-0.110.32-0.370.1-0.450.030.05-0.16-0.39-0.390.030.48-0.020.12-0.110.040.33-0.370.26-0.01
0.040.17-0.330.1-0.34-0.97-0.22-0.320.98-0.350.030.540.29-0.02-0.341.0-0.19-0.150.150.950.210.16-0.08-0.20.38
0.030.6-0.510.14-0.16-0.65-0.07-0.510.64-0.180.050.540.150.25-0.510.550.010.090.160.420.210.04-0.20.020.2
-0.270.27-0.47-0.21-0.37-0.32-0.94-0.450.31-0.38-0.160.290.15-0.46-0.470.29-0.77-0.430.210.16-0.690.14-0.35-0.690.92
0.46-0.04-0.040.50.460.040.41-0.09-0.050.45-0.39-0.020.25-0.46-0.04-0.020.390.620.070.060.460.11-0.010.54-0.46
0.37-0.221.00.210.480.420.331.0-0.40.49-0.39-0.34-0.51-0.47-0.04-0.34-0.04-0.12-0.43-0.170.31-0.60.78-0.05-0.56
0.040.17-0.340.11-0.34-0.97-0.21-0.320.98-0.350.031.00.550.29-0.02-0.34-0.19-0.150.160.950.210.16-0.08-0.20.38
0.21-0.34-0.030.230.270.170.87-0.07-0.170.280.48-0.190.01-0.770.39-0.04-0.190.76-0.21-0.150.640.46-0.260.96-0.62
0.54-0.18-0.120.60.570.160.54-0.18-0.160.57-0.02-0.150.09-0.430.62-0.12-0.150.76-0.3-0.070.550.62-0.480.91-0.4
-0.360.07-0.43-0.29-0.4-0.2-0.24-0.410.18-0.390.120.150.160.210.07-0.430.16-0.21-0.30.02-0.33-0.04-0.01-0.260.31
0.170.08-0.170.22-0.19-0.87-0.12-0.170.88-0.21-0.110.950.420.160.06-0.170.95-0.15-0.070.020.290.110.0-0.130.23
0.72-0.270.310.710.6-0.160.810.280.170.60.040.210.21-0.690.460.310.210.640.55-0.330.290.140.170.65-0.6
0.14-0.35-0.60.250.06-0.150.08-0.610.150.060.330.160.040.140.11-0.60.160.460.62-0.040.110.14-0.760.530.25
0.11-0.060.78-0.020.150.10.170.8-0.10.15-0.37-0.08-0.2-0.35-0.010.78-0.08-0.26-0.48-0.010.00.17-0.76-0.34-0.38
0.38-0.3-0.040.410.430.20.79-0.09-0.20.440.26-0.20.02-0.690.54-0.05-0.20.960.91-0.26-0.130.650.53-0.34-0.58
-0.330.2-0.56-0.25-0.46-0.42-0.84-0.530.41-0.46-0.010.380.20.92-0.46-0.560.38-0.62-0.40.310.23-0.60.25-0.38-0.58
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American Creek Account Relationship Matchups

American Creek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0M12.8M2.4M8.1M7.0M8.7M
Other Current Liab18K123K25.5K33.1K18.4K17.5K
Total Current Liabilities236.6K191.1K101.4K71.6K60.3K57.3K
Total Stockholder Equity5.8M12.6M2.3M8.0M6.9M7.9M
Property Plant And Equipment Net4.2M4.0M153.7K6.7M6.0M7.3M
Net Debt(1.6M)(4.8M)(1.9M)(1.1M)(101.5K)(106.6K)
Retained Earnings(39.4M)(38.5M)(51.5M)(47.2M)(48.2M)(45.8M)
Accounts Payable113.6K165.6K81.4K38.5K41.9K39.8K
Cash1.6M4.8M1.9M1.1M101.5K96.4K
Non Current Assets Total4.3M4.1M233.7K6.8M6.8M7.6M
Cash And Short Term Investments1.6M8.5M2.1M1.2M196.5K186.7K
Net Receivables68.5K52.5K34.4K41.7K18.6K17.7K
Common Stock Shares Outstanding298.9M358.4M415.1M442.1M442.8M464.9M
Liabilities And Stockholders Equity6.0M12.8M2.4M8.1M7.0M8.7M
Other Stockholder Equity12.1M11.2M11.7M1.00.90.86
Total Liab236.6K191.1K101.4K71.6K60.3K57.3K
Total Current Assets1.7M8.7M2.2M1.3M229.0K217.5K
Accumulated Other Comprehensive Income12.1M11.2M11.7M12.7M12.7K12.1K
Other Current Assets14.0K114.6K12.7K19.7K32.4330.81
Net Tangible Assets2.3M5.8M12.6M2.3M2.1M2.0M
Common Stock33.1M39.9M42.0M42.5M48.8M36.9M
Property Plant Equipment3.0M4.2M4.0M153.7K138.3K131.4K
Short Term Investments329.03.7M211K104K95K90.3K
Net Invested Capital5.8M12.6M2.3M8.0M6.9M6.4M
Net Working Capital1.5M8.5M2.1M1.2M168.6K160.2K
Capital Stock33.1M39.9M42.0M42.5M48.8M42.3M

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