Amaroq Non Currrent Assets Other vs Retained Earnings 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 Non Currrent Assets Other and its Retained Earnings 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.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amaroq Minerals Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Amaroq Minerals' Non Currrent Assets Other and Retained Earnings is 0.07. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings 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' Non Currrent Assets Other and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Amaroq Minerals are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Amaroq Minerals' Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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