Aloro Total Stockholder Equity vs Net Debt Analysis

AORO Stock

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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 Total Stockholder Equity and its Net Debt 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.

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aloro Mining Corp Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Aloro Mining's Total Stockholder Equity and Net Debt is 0.19. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt 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 Total Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Aloro Mining Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Aloro Mining's Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

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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)

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