Aloro Change In Cash vs Net Income Analysis

AORO Stock

CAD 0.01 0.00 0.00%

Aloro Mining financial indicator trend analysis is way more than just evaluating Aloro Mining Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aloro Mining Corp is a good investment. Please check the relationship between Aloro Mining Change In Cash and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aloro Mining 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 persons.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aloro Mining Corp Change In Cash account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Aloro Mining's Change In Cash and Net Income is -0.11. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Aloro Mining Corp, assuming nothing else is changed. The correlation between historical values of Aloro Mining's Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Aloro Mining Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Aloro Mining's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Aloro Mining Corp financial statement analysis. It represents the amount of money remaining after all of Aloro Mining Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Aloro Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aloro Mining 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 Aloro Mining 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 persons.

Issuance Of Capital Stock is likely to climb to about 213.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 264.8 K in 2024.

Aloro Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Net Debt	Property Plant And Equipment Gross
Total Assets		0.88	0.61	0.95	-0.81	0.79	-0.48	0.99	-0.07	0.58	0.88	-0.46	0.84	0.98	0.93	0.48	-0.85	0.58	-0.35	0.72	0.56
Total Current Liabilities	0.88		0.21	0.74	-0.87	0.49	-0.65	0.91	-0.39	0.7	1.0	-0.63	0.94	0.94	0.97	0.09	-0.96	0.63	-0.48	0.76	0.81
Total Stockholder Equity	0.61	0.21		0.72	-0.07	0.72	0.12	0.55	0.58	-0.1	0.22	0.13	0.16	0.51	0.29	0.96	-0.11	-0.14	0.38	0.19	-0.24
Net Tangible Assets	0.95	0.74	0.72		-0.71	0.9	-0.26	0.91	0.16	0.57	0.75	-0.23	0.77	0.89	0.81	0.56	-0.71	0.48	-0.28	0.53	0.44
Retained Earnings	-0.81	-0.87	-0.07	-0.71		-0.54	0.6	-0.82	0.46	-0.8	-0.87	0.59	-0.91	-0.81	-0.93	0.09	0.95	-0.92	0.81	-0.73	-0.83
Accounts Payable	0.79	0.49	0.72	0.9	-0.54		-0.14	0.73	0.18	0.46	0.51	-0.12	0.58	0.71	0.57	0.55	-0.5	0.39	-0.2	0.31	0.25
Cash	-0.48	-0.65	0.12	-0.26	0.6	-0.14		-0.6	0.67	-0.42	-0.65	1.0	-0.54	-0.6	-0.64	0.05	0.75	-0.59	0.41	-0.63	-0.57
Non Current Assets Total	0.99	0.91	0.55	0.91	-0.82	0.73	-0.6		-0.16	0.57	0.91	-0.58	0.85	0.99	0.94	0.45	-0.89	0.59	-0.35	0.75	0.59
Net Receivables	-0.07	-0.39	0.58	0.16	0.46	0.18	0.67	-0.16		-0.32	-0.39	0.69	-0.35	-0.18	-0.35	0.6	0.5	-0.53	0.6	-0.25	-0.52
Other Stockholder Equity	0.58	0.7	-0.1	0.57	-0.8	0.46	-0.42	0.57	-0.32		0.7	-0.4	0.89	0.61	0.72	-0.26	-0.75	0.72	-0.72	0.34	0.92
Total Liab	0.88	1.0	0.22	0.75	-0.87	0.51	-0.65	0.91	-0.39	0.7		-0.64	0.94	0.94	0.97	0.1	-0.96	0.63	-0.48	0.76	0.8
Total Current Assets	-0.46	-0.63	0.13	-0.23	0.59	-0.12	1.0	-0.58	0.69	-0.4	-0.64		-0.52	-0.58	-0.63	0.07	0.73	-0.58	0.41	-0.62	-0.55
Common Stock	0.84	0.94	0.16	0.77	-0.91	0.58	-0.54	0.85	-0.35	0.89	0.94	-0.52		0.88	0.93	0.0	-0.93	0.71	-0.61	0.61	0.9
Property Plant Equipment	0.98	0.94	0.51	0.89	-0.81	0.71	-0.6	0.99	-0.18	0.61	0.94	-0.58	0.88		0.95	0.41	-0.9	0.55	-0.33	0.73	0.64
Common Stock Shares Outstanding	0.93	0.97	0.29	0.81	-0.93	0.57	-0.64	0.94	-0.35	0.72	0.97	-0.63	0.93	0.95		0.17	-0.97	0.74	-0.58	0.77	0.78
Net Invested Capital	0.48	0.09	0.96	0.56	0.09	0.55	0.05	0.45	0.6	-0.26	0.1	0.07	0.0	0.41	0.17		0.0	-0.26	0.53	0.17	-0.37
Net Working Capital	-0.85	-0.96	-0.11	-0.71	0.95	-0.5	0.75	-0.89	0.5	-0.75	-0.96	0.73	-0.93	-0.9	-0.97	0.0		-0.81	0.65	-0.8	-0.84
Capital Stock	0.58	0.63	-0.14	0.48	-0.92	0.39	-0.59	0.59	-0.53	0.72	0.63	-0.58	0.71	0.55	0.74	-0.26	-0.81		-0.92	0.64	0.73
Property Plant And Equipment Net	-0.35	-0.48	0.38	-0.28	0.81	-0.2	0.41	-0.35	0.6	-0.72	-0.48	0.41	-0.61	-0.33	-0.58	0.53	0.65	-0.92		-0.35	-0.7
Net Debt	0.72	0.76	0.19	0.53	-0.73	0.31	-0.63	0.75	-0.25	0.34	0.76	-0.62	0.61	0.73	0.77	0.17	-0.8	0.64	-0.35		0.55
Property Plant And Equipment Gross	0.56	0.81	-0.24	0.44	-0.83	0.25	-0.57	0.59	-0.52	0.92	0.8	-0.55	0.9	0.64	0.78	-0.37	-0.84	0.73	-0.7	0.55

Click cells to compare fundamentals

Aloro Mining Account Relationship Matchups

Aloro Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7M	1.8M	1.6M	1.6M	1.5M	1.4M
Other Current Liab	438.3K	507.3K	777.1K	843.5K	970.0K	510.1K
Total Current Liabilities	758.0K	1.1M	1.1M	1.4M	1.6M	951.1K
Total Stockholder Equity	871.0K	717.1K	553.5K	194.4K	(73.1K)	(69.4K)
Net Tangible Assets	886.6K	871.0K	717.1K	553.5K	636.5K	621.3K
Retained Earnings	(18.3M)	(18.5M)	(18.9M)	(19.2M)	(19.6M)	(20.6M)
Accounts Payable	123.9K	88.7K	67.5K	65.0K	74.7K	89.9K
Cash	12.9K	20.5K	38.3K	18.5K	9.9K	9.4K
Non Current Assets Total	1.7M	1.7M	1.6M	1.5M	1.5M	1.3M
Net Receivables	31.5K	13.5K	20.8K	6.6K	6.0K	5.7K
Total Liab	809.3K	1.1M	1.1M	1.4M	1.6M	958.2K
Total Current Assets	27.5K	42.7K	46.2K	30.1K	27.4K	26.0K
Common Stock	16.7M	17.0M	17.1M	17.4M	20.0M	18.2M
Property Plant Equipment	983.3K	1.7M	1.7M	1.6M	1.8M	1.1M
Common Stock Shares Outstanding	46.3M	49.0M	51.3M	55.1M	57.7M	55.4M
Net Invested Capital	956.0K	915.1K	719.2K	354.5K	42.3K	40.2K
Net Working Capital	(730.5K)	(1.0M)	(1.0M)	(1.3M)	(1.6M)	(1.5M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Aloro Stock Analysis

When running Aloro Mining's price analysis, check to measure Aloro Mining'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 Aloro Mining is operating at the current time. Most of Aloro Mining's value examination focuses on studying past and present price action to predict the probability of Aloro Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aloro Mining's price. Additionally, you may evaluate how the addition of Aloro Mining to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC