Awale Property Plant And Equipment Net vs Other Stockholder Equity Analysis

ARIC Stock  CAD 0.50  0.01  1.96%   
Awale Resources financial indicator trend analysis is way more than just evaluating Awale Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Awale Resources is a good investment. Please check the relationship between Awale Resources Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Awale Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Awale Resources Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Awale Resources' Property Plant And Equipment Net and Other Stockholder Equity is 0.68. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Awale Resources, assuming nothing else is changed. The correlation between historical values of Awale Resources' Property Plant And Equipment Net and Other Stockholder Equity 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 And Equipment Net of Awale Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Awale Resources' Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

Most indicators from Awale Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Awale Resources 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 Awale Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Selling General Administrative is likely to drop to about 698.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 2.3 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization28.5K16.1K14.5K23.9K
Interest Income21.06.0K7.2K7.6K

Awale Resources fundamental ratios Correlations

0.760.990.98-0.23-0.490.760.310.240.470.460.790.740.360.810.04-0.230.920.840.86-0.820.710.920.690.75-0.71
0.760.680.66-0.12-0.80.990.230.130.720.630.880.920.330.880.45-0.280.640.860.45-0.880.730.650.870.8-0.84
0.990.681.0-0.17-0.420.690.240.180.390.420.730.630.290.77-0.04-0.210.940.820.91-0.790.690.950.640.72-0.66
0.980.661.0-0.18-0.370.650.220.190.340.350.690.610.260.73-0.09-0.170.950.780.92-0.780.630.950.590.68-0.63
-0.23-0.12-0.17-0.18-0.18-0.04-0.96-1.0-0.270.17-0.1-0.46-0.92-0.010.2-0.120.10.140.04-0.160.120.10.150.2-0.23
-0.49-0.8-0.42-0.37-0.18-0.81-0.030.19-0.84-0.94-0.89-0.67-0.15-0.9-0.80.72-0.42-0.77-0.250.73-0.83-0.46-0.92-0.780.88
0.760.990.690.65-0.04-0.810.170.050.720.660.860.870.280.880.44-0.30.650.90.48-0.880.780.670.90.83-0.85
0.310.230.240.22-0.96-0.030.170.960.450.070.280.540.990.19-0.01-0.09-0.040.010.00.080.1-0.040.04-0.030.07
0.240.130.180.19-1.00.190.050.960.26-0.190.10.460.920.01-0.220.14-0.09-0.14-0.040.15-0.12-0.1-0.16-0.20.23
0.470.720.390.34-0.27-0.840.720.450.260.810.790.720.550.820.63-0.670.260.590.14-0.520.720.290.760.5-0.59
0.460.630.420.350.17-0.940.660.07-0.190.810.850.530.180.860.81-0.890.420.690.31-0.580.840.470.850.77-0.82
0.790.880.730.69-0.1-0.890.860.280.10.790.850.850.370.970.6-0.630.680.860.54-0.820.850.710.90.86-0.91
0.740.920.630.61-0.46-0.670.870.540.460.720.530.850.610.780.41-0.250.510.690.35-0.710.580.520.720.66-0.71
0.360.330.290.26-0.92-0.150.280.990.920.550.180.370.610.290.07-0.150.00.120.02-0.020.220.020.170.06-0.03
0.810.880.770.73-0.01-0.90.880.190.010.820.860.970.780.290.54-0.630.730.910.59-0.870.910.750.940.85-0.9
0.040.45-0.04-0.090.2-0.80.44-0.01-0.220.630.810.60.410.070.54-0.730.030.3-0.09-0.240.420.080.640.54-0.66
-0.23-0.28-0.21-0.17-0.120.72-0.3-0.090.14-0.67-0.89-0.63-0.25-0.15-0.63-0.73-0.23-0.35-0.20.26-0.58-0.27-0.54-0.510.56
0.920.640.940.950.1-0.420.65-0.04-0.090.260.420.680.510.00.730.03-0.230.80.96-0.80.621.00.650.78-0.73
0.840.860.820.780.14-0.770.90.01-0.140.590.690.860.690.120.910.3-0.350.80.65-0.940.920.820.890.86-0.86
0.860.450.910.920.04-0.250.480.0-0.040.140.310.540.350.020.59-0.09-0.20.960.65-0.630.520.960.50.67-0.58
-0.82-0.88-0.79-0.78-0.160.73-0.880.080.15-0.52-0.58-0.82-0.71-0.02-0.87-0.240.26-0.8-0.94-0.63-0.78-0.81-0.82-0.80.84
0.710.730.690.630.12-0.830.780.1-0.120.720.840.850.580.220.910.42-0.580.620.920.52-0.780.660.890.78-0.78
0.920.650.950.950.1-0.460.67-0.04-0.10.290.470.710.520.020.750.08-0.271.00.820.96-0.810.660.680.81-0.76
0.690.870.640.590.15-0.920.90.04-0.160.760.850.90.720.170.940.64-0.540.650.890.5-0.820.890.680.86-0.92
0.750.80.720.680.2-0.780.83-0.03-0.20.50.770.860.660.060.850.54-0.510.780.860.67-0.80.780.810.86-0.96
-0.71-0.84-0.66-0.63-0.230.88-0.850.070.23-0.59-0.82-0.91-0.71-0.03-0.9-0.660.56-0.73-0.86-0.580.84-0.78-0.76-0.92-0.96
Click cells to compare fundamentals

Awale Resources Account Relationship Matchups

Awale Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5M11.2M12.4M5.8M6.9M6.9M
Total Current Liabilities876.3K1.3M1.1M2.2M1.4M973.1K
Total Stockholder Equity7.6M9.8M11.2M3.6M5.5M5.8M
Net Tangible Assets7.6M9.8M11.2M3.6M4.1M5.7M
Net Debt(1.3M)(610.7K)(25.3K)(225.8K)(259.6K)(272.6K)
Retained Earnings(2.2M)(3.0M)(4.7M)(13.2M)(14.2M)(13.5M)
Accounts Payable693.9K1.0M694.3K1.5M1.1M665.3K
Cash1.3M646.4K57.0K255.3K999.6K634.3K
Cash And Short Term Investments1.3M646.4K57.0K255.3K229.8K218.3K
Net Receivables184.9K17.7K16.6K207.7K238.9K250.8K
Common Stock Shares Outstanding6.3M12.6M17.6M28.6M62.7M65.8M
Liabilities And Stockholders Equity8.5M11.2M12.4M5.8M6.7M6.8M
Other Stockholder Equity2.3M4.2M5.5M5.9M6.8M7.1M
Total Liab880.3K1.4M1.2M2.3M1.4M1.1M
Total Current Assets1.5M760.6K99.1K489.8K1.5M751.4K
Common Stock7.4M7.4M9.8M10.8M12.4M13.0M
Non Current Assets Total6.9M10.4M12.3M5.3M5.4M6.6M
Non Currrent Assets Other6.8K9.2K8.0K8.5K9.8K6.7K
Accumulated Other Comprehensive Income2.3M1.3M625.9K36.0K32.4K30.7K
Other Current Liab167.8K291.3K440.9K760.5K874.6K918.3K
Property Plant And Equipment Net6.9M10.4M12.3M5.3M5.4M7.5M
Net Invested Capital7.6M9.9M11.2M3.6M5.5M7.3M
Net Working Capital671.0K(564.1K)(1.0M)(1.7M)109.3K114.8K
Property Plant Equipment6.9M10.4M12.3M5.3M6.1M7.8M
Capital Stock7.4M7.4M9.8M10.8M12.7M9.6M

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