Angkor Roic vs Capex To Depreciation Analysis

ANK Stock  CAD 0.09  0.01  10.00%   
Angkor Resources financial indicator trend analysis is way more than just evaluating Angkor Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angkor Resources Corp is a good investment. Please check the relationship between Angkor Resources Roic and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angkor Resources 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 Capex To Depreciation

Roic vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angkor Resources Corp Roic account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Angkor Resources' Roic and Capex To Depreciation is 0.64. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Angkor Resources Corp, assuming nothing else is changed. The correlation between historical values of Angkor Resources' Roic and Capex To Depreciation 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 Angkor Resources Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Roic i.e., Angkor Resources' Roic and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Angkor Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angkor Resources 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 Angkor Resources 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.
Selling General Administrative is likely to climb to about 1.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.4M915.6K824.1K1.3M
Interest Expense104.4K17.3K19.9K18.9K

Angkor Resources fundamental ratios Correlations

-0.070.99-0.820.460.881.00.880.47-0.24-0.350.060.89-0.30.80.96-0.26-0.410.130.570.390.38-0.150.540.470.45
-0.07-0.20.42-0.69-0.14-0.05-0.14-0.220.850.70.89-0.20.81-0.25-0.250.810.780.29-0.230.59-0.21-0.1-0.62-0.72-0.72
0.99-0.2-0.870.570.890.980.890.49-0.35-0.44-0.090.91-0.40.830.97-0.36-0.520.10.590.310.4-0.150.630.580.55
-0.820.42-0.87-0.77-0.85-0.8-0.85-0.390.620.680.4-0.840.67-0.85-0.870.650.75-0.23-0.34-0.21-0.340.15-0.75-0.79-0.77
0.46-0.690.57-0.770.460.450.460.38-0.87-0.89-0.680.51-0.760.640.67-0.75-0.920.060.35-0.080.42-0.270.910.930.93
0.88-0.140.89-0.850.460.851.00.32-0.29-0.28-0.090.93-0.350.620.84-0.33-0.45-0.030.410.340.3-0.240.560.540.51
1.0-0.050.98-0.80.450.850.850.44-0.23-0.350.080.86-0.290.810.95-0.24-0.390.160.560.420.35-0.150.510.440.41
0.88-0.140.89-0.850.461.00.850.32-0.29-0.28-0.090.93-0.350.620.84-0.33-0.45-0.030.410.340.3-0.240.560.540.51
0.47-0.220.49-0.390.380.320.440.32-0.23-0.28-0.10.64-0.180.40.46-0.16-0.35-0.180.53-0.30.89-0.080.50.530.54
-0.240.85-0.350.62-0.87-0.29-0.23-0.29-0.230.920.81-0.320.93-0.49-0.460.930.92-0.05-0.150.18-0.340.13-0.74-0.82-0.82
-0.350.7-0.440.68-0.89-0.28-0.35-0.28-0.280.920.64-0.330.88-0.66-0.560.870.87-0.28-0.150.0-0.310.04-0.71-0.78-0.79
0.060.89-0.090.4-0.68-0.090.08-0.09-0.10.810.64-0.120.73-0.17-0.130.740.770.14-0.10.54-0.16-0.01-0.63-0.72-0.71
0.89-0.20.91-0.840.510.930.860.930.64-0.32-0.33-0.12-0.360.660.85-0.33-0.49-0.090.540.150.57-0.160.630.630.61
-0.30.81-0.40.67-0.76-0.35-0.29-0.35-0.180.930.880.73-0.36-0.5-0.481.00.82-0.09-0.140.1-0.25-0.02-0.6-0.71-0.71
0.8-0.250.83-0.850.640.620.810.620.4-0.49-0.66-0.170.66-0.50.82-0.45-0.630.530.210.30.29-0.070.570.620.62
0.96-0.250.97-0.870.670.840.950.840.46-0.46-0.56-0.130.85-0.480.82-0.45-0.590.110.620.340.41-0.210.70.620.6
-0.260.81-0.360.65-0.75-0.33-0.24-0.33-0.160.930.870.74-0.331.0-0.45-0.450.8-0.07-0.130.11-0.230.0-0.6-0.7-0.7
-0.410.78-0.520.75-0.92-0.45-0.39-0.45-0.350.920.870.77-0.490.82-0.63-0.590.8-0.06-0.230.16-0.420.26-0.9-0.92-0.92
0.130.290.1-0.230.06-0.030.16-0.03-0.18-0.05-0.280.14-0.09-0.090.530.11-0.07-0.06-0.440.57-0.210.08-0.12-0.05-0.05
0.57-0.230.59-0.340.350.410.560.410.53-0.15-0.15-0.10.54-0.140.210.62-0.13-0.23-0.44-0.130.53-0.010.510.310.27
0.390.590.31-0.21-0.080.340.420.34-0.30.180.00.540.150.10.30.340.110.160.57-0.13-0.21-0.25-0.15-0.26-0.27
0.38-0.210.4-0.340.420.30.350.30.89-0.34-0.31-0.160.57-0.250.290.41-0.23-0.42-0.210.53-0.21-0.230.540.530.54
-0.15-0.1-0.150.15-0.27-0.24-0.15-0.24-0.080.130.04-0.01-0.16-0.02-0.07-0.210.00.260.08-0.01-0.25-0.23-0.37-0.25-0.25
0.54-0.620.63-0.750.910.560.510.560.5-0.74-0.71-0.630.63-0.60.570.7-0.6-0.9-0.120.51-0.150.54-0.370.910.9
0.47-0.720.58-0.790.930.540.440.540.53-0.82-0.78-0.720.63-0.710.620.62-0.7-0.92-0.050.31-0.260.53-0.250.911.0
0.45-0.720.55-0.770.930.510.410.510.54-0.82-0.79-0.710.61-0.710.620.6-0.7-0.92-0.050.27-0.270.54-0.250.91.0
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Angkor Resources Account Relationship Matchups

Angkor Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4M3.6M3.8M3.3M3.0M2.8M
Total Current Liabilities1.7M2.2M2.5M2.8M3.2M1.7M
Total Stockholder Equity6.7M1.4M1.3M562.2K506.0K480.7K
Net Debt(563.8K)846.6K955.9K1.8M2.0M2.1M
Retained Earnings(34.7M)(40.4M)(43.1M)(44.1M)(39.7M)(41.6M)
Cash1.6M398.2K606.5K56.7K51.1K48.5K
Non Current Assets Total6.8M3.2M3.0M3.2M2.9M2.7M
Cash And Short Term Investments1.6M398.2K606.5K56.7K51.1K48.5K
Net Receivables12.8K11.1K81.5K78.0K70.2K66.7K
Common Stock Shares Outstanding112.4M149.3M158.1M169.8M195.3M103.6M
Liabilities And Stockholders Equity8.4M3.6M3.8M3.3M3.0M2.8M
Other Stockholder Equity5.2M5.6M5.6M5.7M6.6M4.7M
Total Liab1.7M2.2M2.5M2.8M3.2M2.0M
Total Current Assets1.6M425.1K759.9K148.3K133.4K126.8K
Short Long Term Debt Total1.0M1.2M1.6M1.8M2.1M1.3M
Other Current Liab477.0K554.6K195.1K165K148.5K141.1K
Property Plant And Equipment Net6.6M3.0M2.8M2.8M2.5M2.4M
Accumulated Other Comprehensive Income1.6M1.4M1.4M1.5M1.7M1.2M
Common Stock34.6M34.9M37.3M37.4M43.0M33.4M
Accounts Payable489.1K753.3K803.8K775.3K697.8K659.9K
Other Assets52.8K19.6K205.3K187.5K168.7K165.2K
Other Current Assets12.5K15.7K72.0K13.5K15.5K14.8K
Net Tangible Assets4.1M6.7M1.4M1.3M1.1M1.1M
Property Plant Equipment6.0M6.6M3.0M2.8M2.5M2.4M
Net Invested Capital7.7M2.5M2.8M2.4M2.2M3.7M
Net Working Capital(95.1K)(1.7M)(1.8M)(2.6M)(2.4M)(2.2M)
Capital Stock34.6M34.9M37.3M37.4M43.0M38.3M

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