Anax Other Stockholder Equity vs Other Current Liab Analysis
ANX Stock | 0.01 0.0005 4.76% |
Anax Metals financial indicator trend analysis is way more than just evaluating Anax Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anax Metals is a good investment. Please check the relationship between Anax Metals Other Stockholder Equity and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anax Metals. 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.
Other Stockholder Equity vs Other Current Liab
Other Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anax Metals Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anax Metals' Other Stockholder Equity and Other Current Liab is 0.44. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Anax Metals, assuming nothing else is changed. The correlation between historical values of Anax Metals' Other Stockholder Equity and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Anax Metals are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., Anax Metals' Other Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Other Current Liab
Most indicators from Anax Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anax Metals 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 Anax Metals. 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 1.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 29.5 K in 2024
2023 | 2024 (projected) | Minority Interest | 738.5K | 679.2K | Reconciled Depreciation | 156.4K | 164.2K |
Anax Metals fundamental ratios Correlations
Click cells to compare fundamentals
Anax Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anax Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8M | 35.6M | 40.1M | 36.7M | 43.3M | 45.4M | |
Total Current Liabilities | 209.2K | 4.5M | 6.4M | 4.9M | 8.2M | 8.7M | |
Total Stockholder Equity | 5.6M | 12.9M | 18.7M | 17.0M | 22.3M | 11.6M | |
Property Plant And Equipment Net | 2.2K | 26.2M | 31.2M | 569.7K | 38.7M | 40.6M | |
Net Debt | (3.1M) | (6.5M) | (7.2M) | (18.0K) | (1.3M) | (1.4M) | |
Retained Earnings | (38.3M) | (38.1M) | (36.6M) | (39.5M) | (41.7M) | (43.8M) | |
Accounts Payable | 104.3K | 260.6K | 866.1K | 238.0K | 297.2K | 343.7K | |
Cash | 3.1M | 6.7M | 7.3M | 1.7M | 4.1M | 5.7M | |
Non Current Assets Total | 2.2K | 26.2M | 31.2M | 34.7M | 38.7M | 40.6M | |
Cash And Short Term Investments | 5.7M | 9.2M | 8.6M | 1.7M | 4.1M | 6.0M | |
Net Receivables | 71.3K | 135.7K | 333.2K | 135.8K | 320.9K | 395.7K | |
Common Stock Shares Outstanding | 208.8M | 300.4M | 428.9M | 407.8M | 496.7M | 521.6M | |
Liabilities And Stockholders Equity | 5.8M | 35.6M | 40.1M | 36.7M | 43.3M | 45.4M | |
Other Current Assets | 13.1K | 2.7K | 11.6K | 79.0K | 81.6K | 46.0K | |
Total Liab | 209.2K | 22.7M | 21.4M | 19.7M | 21.0M | 22.0M | |
Total Current Assets | 5.8M | 9.4M | 9.0M | 2.0M | 4.6M | 6.4M | |
Common Stock | 38.4M | 44.7M | 48.9M | 49.0M | 56.7M | 37.0M | |
Cash And Equivalents | 1.6M | 1.1M | 3.1M | 6.7M | 7.7M | 8.1M | |
Property Plant Equipment | 2.2K | 26.2M | 31.2M | 34.7M | 39.9M | 41.9M | |
Net Tangible Assets | 5.6M | 12.9M | 18.7M | 17.0M | 19.6M | 11.1M | |
Other Stockholder Equity | 5.6M | 6.3M | 6.4M | 7.5M | 8.6M | 5.9M | |
Net Invested Capital | 5.6M | 12.9M | 18.7M | 18.6M | 21.4M | 11.3M | |
Net Working Capital | 5.6M | 4.9M | 2.6M | (2.9M) | (2.6M) | (2.5M) | |
Other Current Liab | 105.0K | 4.1M | 5.4M | 4.6M | 5.2M | 3.1M | |
Short Term Investments | 2.6M | 2.5M | 1.3M | 64.1K | 73.7K | 70.1K | |
Capital Stock | 38.4M | 44.7M | 48.9M | 49.0M | 56.3M | 48.0M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Anax Stock Analysis
When running Anax Metals' price analysis, check to measure Anax Metals' 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 Anax Metals is operating at the current time. Most of Anax Metals' value examination focuses on studying past and present price action to predict the probability of Anax Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anax Metals' price. Additionally, you may evaluate how the addition of Anax Metals to your portfolios can decrease your overall portfolio volatility.