Amaroq Short Long Term Debt Total vs Inventory 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 Short Long Term Debt Total and its Inventory 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.

Short Long Term Debt Total vs Inventory

Short Long Term Debt Total vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amaroq Minerals Short Long Term Debt Total account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Amaroq Minerals' Short Long Term Debt Total and Inventory is 0.98. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Inventory 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' Short Long Term Debt Total and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Amaroq Minerals are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Long Term Debt Total i.e., Amaroq Minerals' Short Long Term Debt Total and Inventory go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Inventory

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Amaroq Stock Analysis

When running Amaroq Minerals' price analysis, check to measure Amaroq Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amaroq Minerals is operating at the current time. Most of Amaroq Minerals' value examination focuses on studying past and present price action to predict the probability of Amaroq Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amaroq Minerals' price. Additionally, you may evaluate how the addition of Amaroq Minerals to your portfolios can decrease your overall portfolio volatility.