Amani Gold financial indicator trend analysis is way more than just evaluating Amani Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amani Gold is a good investment. Please check the relationship between Amani Gold Property Plant Equipment and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amani Gold. 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.
Property Plant Equipment vs Total Revenue
Property Plant Equipment vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amani Gold Property Plant Equipment account and
Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Amani Gold's Property Plant Equipment and Total Revenue is 0.08. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Amani Gold, assuming nothing else is changed. The correlation between historical values of Amani Gold's Property Plant Equipment and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Amani Gold are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Amani Gold's Property Plant Equipment and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant Equipment
Total Revenue
Total revenue comprises all receipts Amani Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Amani Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amani Gold 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 Amani Gold. 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 drop to about 1.5
M in 2024.
Discontinued Operations is likely to drop to about (1.1
M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 901.0 | 34.1K | 156.8K | 139.3K | Interest Income | 901.0 | 13.4K | 12.1K | 11.5K |
Amani Gold fundamental ratios Correlations
Click cells to compare fundamentals
Amani Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amani Gold fundamental ratios Accounts
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Additional Tools for Amani Stock Analysis
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measure Amani Gold's 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 Amani Gold is operating at the current time. Most of Amani Gold's value examination focuses on studying past and present price action to
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