Amaroq Capital Lease Obligations vs Common Stock Analysis

AMRQ Stock   102.15  22.15  27.69%   
Amaroq Minerals financial indicator trend analysis is way more than just evaluating Amaroq Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amaroq Minerals is a good investment. Please check the relationship between Amaroq Minerals Capital Lease Obligations and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amaroq Minerals. 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.

Capital Lease Obligations vs Common Stock

Capital Lease Obligations vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amaroq Minerals Capital Lease Obligations account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Amaroq Minerals' Capital Lease Obligations and Common Stock is -0.72. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Common Stock in the same time period over historical financial statements of Amaroq Minerals, assuming nothing else is changed. The correlation between historical values of Amaroq Minerals' Capital Lease Obligations and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Amaroq Minerals are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Lease Obligations i.e., Amaroq Minerals' Capital Lease Obligations and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Lease Obligations

Amaroq Minerals capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Amaroq Minerals asset purchases. For example, Amaroq Minerals can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Amaroq Minerals control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Common Stock

Most indicators from Amaroq Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amaroq Minerals 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 Amaroq Minerals. 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.
Selling General Administrative is likely to gain to about 14.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income103.8K202.3K1.0M1.1M
Cost Of Revenue90.2K850.7K2.5M2.6M

Amaroq Minerals fundamental ratios Correlations

-0.790.830.860.91-0.16-0.930.90.710.90.250.710.970.560.830.970.840.830.950.830.790.890.82-0.37-0.910.48
-0.79-0.99-0.43-0.91-0.470.65-0.95-0.15-0.96-0.11-0.15-0.77-0.21-1.0-0.77-0.99-0.35-0.59-1.0-0.98-0.49-1.00.050.88-0.77
0.83-0.990.470.950.42-0.710.980.210.980.090.210.820.261.00.811.00.390.651.00.980.541.0-0.14-0.920.71
0.86-0.430.470.64-0.57-0.860.60.920.590.330.920.820.660.470.840.490.990.930.470.430.980.45-0.44-0.620.27
0.91-0.910.950.640.21-0.880.990.390.99-0.030.390.940.40.940.930.950.550.820.940.910.740.94-0.4-0.980.54
-0.16-0.470.42-0.570.210.220.27-0.80.29-0.34-0.8-0.1-0.450.42-0.120.4-0.66-0.380.420.45-0.460.430.27-0.170.43
-0.930.65-0.71-0.86-0.880.22-0.82-0.69-0.820.07-0.69-0.98-0.64-0.7-0.98-0.72-0.79-0.94-0.7-0.68-0.94-0.690.560.89-0.32
0.9-0.950.980.60.990.27-0.820.341.00.060.340.910.380.970.90.980.520.780.970.950.670.97-0.33-0.960.59
0.71-0.150.210.920.39-0.8-0.690.340.330.431.00.640.650.20.660.220.960.830.20.160.840.19-0.37-0.410.0
0.9-0.960.980.590.990.29-0.821.00.330.030.330.910.350.980.90.980.510.770.980.950.670.97-0.3-0.970.62
0.25-0.110.090.33-0.03-0.340.070.060.430.030.430.020.060.10.050.10.430.220.10.060.140.10.340.080.27
0.71-0.150.210.920.39-0.8-0.690.341.00.330.430.640.650.20.660.220.960.830.20.160.840.19-0.37-0.410.0
0.97-0.770.820.820.94-0.1-0.980.910.640.910.020.640.630.810.990.830.760.940.810.790.890.8-0.52-0.940.39
0.56-0.210.260.660.4-0.45-0.640.380.650.350.060.650.630.250.630.270.660.640.250.310.650.24-0.43-0.390.0
0.83-1.01.00.470.940.42-0.70.970.20.980.10.20.810.250.811.00.390.641.00.980.531.0-0.12-0.910.72
0.97-0.770.810.840.93-0.12-0.980.90.660.90.050.660.990.630.810.820.780.930.810.790.90.8-0.43-0.940.44
0.84-0.991.00.490.950.4-0.720.980.220.980.10.220.830.271.00.820.410.671.00.980.561.0-0.15-0.920.7
0.83-0.350.390.990.55-0.66-0.790.520.960.510.430.960.760.660.390.780.410.90.390.350.930.38-0.37-0.540.22
0.95-0.590.650.930.82-0.38-0.940.780.830.770.220.830.940.640.640.930.670.90.650.60.940.63-0.57-0.810.23
0.83-1.01.00.470.940.42-0.70.970.20.980.10.20.810.251.00.811.00.390.650.980.541.0-0.12-0.910.72
0.79-0.980.980.430.910.45-0.680.950.160.950.060.160.790.310.980.790.980.350.60.980.50.98-0.09-0.880.72
0.89-0.490.540.980.74-0.46-0.940.670.840.670.140.840.890.650.530.90.560.930.940.540.50.52-0.53-0.720.29
0.82-1.01.00.450.940.43-0.690.970.190.970.10.190.80.241.00.81.00.380.631.00.980.52-0.11-0.910.72
-0.370.05-0.14-0.44-0.40.270.56-0.33-0.37-0.30.34-0.37-0.52-0.43-0.12-0.43-0.15-0.37-0.57-0.12-0.09-0.53-0.110.380.45
-0.910.88-0.92-0.62-0.98-0.170.89-0.96-0.41-0.970.08-0.41-0.94-0.39-0.91-0.94-0.92-0.54-0.81-0.91-0.88-0.72-0.910.38-0.48
0.48-0.770.710.270.540.43-0.320.590.00.620.270.00.390.00.720.440.70.220.230.720.720.290.720.45-0.48
Click cells to compare fundamentals

Amaroq Minerals Account Relationship Matchups

Amaroq Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7M65.9M42.8M65.1M107.0M112.3M
Other Current Liab174.9K477.7K1.2M694.7K(10.9M)(10.3M)
Total Current Liabilities645.9K897.8K2.1M1.2M42.1M44.2M
Total Stockholder Equity2.1M64.3M40.0M63.2M64.3M32.7M
Property Plant And Equipment Net409.0K1.5M14.7M14.0M38.9M40.8M
Net Debt(1.5M)(61.0M)(26.6M)(49.4M)15.4M16.2M
Retained Earnings(14.8M)(27.1M)(51.8M)(73.7M)(74.5M)(70.8M)
Accounts Payable471.1K831.9K2.0M1.1M6.3M6.6M
Cash1.5M61.9M27.3M50.1M21.0M22.6M
Non Current Assets Total917.5K3.6M15.1M14.4M63.0M66.1M
Non Currrent Assets Other166.3K1.7M9.8K27.9K626.7K455.6K
Cash And Short Term Investments1.5M61.9M27.3M50.1M21.0M22.6M
Common Stock Shares Outstanding64.5M119.7M177.1M191.6M272.6M286.3M
Liabilities And Stockholders Equity2.7M65.9M42.8M65.1M107.0M112.3M
Other Current Assets269.7K371.3K266.6K450.3K18.7M19.6M
Other Stockholder Equity1.5M2.9M3.3M5.3M6.7M7.1M
Total Liab645.9K1.7M2.8M1.9M42.7M44.8M
Total Current Assets1.8M62.3M27.6M50.7M44.0M26.1M
Net Receivables17.8K62.8K51.3K95.9K3.6M3.8M
Common Stock10.1M13.9M88.5M131.7M132.1M74.1M

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