Asiamet Depreciation vs Free Cash Flow Analysis

ARS Stock

0.60 0.03 5.26%

Asiamet Resources financial indicator trend analysis is way more than just evaluating Asiamet Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asiamet Resources is a good investment. Please check the relationship between Asiamet Resources Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asiamet Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asiamet Resources Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Asiamet Resources' Depreciation and Free Cash Flow is -0.02. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Asiamet Resources Limited, assuming nothing else is changed. The correlation between historical values of Asiamet Resources' Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Asiamet Resources Limited are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Asiamet Resources' Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Asiamet Resources value has been used up. For tax purposes Asiamet Resources can deduct the cost of the tangible assets it purchases as business expenses. However, Asiamet Resources Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Asiamet Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asiamet 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 Asiamet Resources Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Asiamet Resources' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.

Asiamet Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Total	Non Currrent Assets Other	Common Stock Total Equity	Common Stock	Other Current Liab	Short Long Term Debt Total	Short Term Debt	Net Receivables	Inventory
Total Assets		0.36	0.89	-0.23	-0.95	-0.51	0.31	0.94	-0.03	0.16	0.94	0.5	0.14	0.51	0.54	-0.06	1.0	0.6	0.32	0.47	0.49	-0.08	-0.24	-0.25	0.09	-0.25
Total Current Liabilities	0.36		-0.03	-0.23	-0.18	0.08	0.94	0.18	-0.16	-0.01	0.18	-0.11	0.16	0.02	0.96	-0.27	0.38	-0.08	0.21	-0.11	-0.13	0.11	0.2	0.32	0.68	-0.19
Total Stockholder Equity	0.89	-0.03		-0.25	-0.97	-0.61	-0.08	0.97	-0.01	0.16	0.97	0.66	0.11	0.49	0.15	0.15	0.88	0.69	0.25	0.61	0.67	-0.11	-0.45	-0.44	-0.19	-0.2
Property Plant And Equipment Net	-0.23	-0.23	-0.25		0.29	-0.04	-0.16	-0.28	0.76	0.14	-0.28	-0.12	-0.59	-0.25	-0.13	0.32	-0.3	0.24	0.26	-0.04	-0.14	-0.32	0.48	-0.16	-0.29	-0.11
Net Debt	-0.95	-0.18	-0.97	0.29		0.63	-0.1	-1.0	0.07	-0.09	-1.0	-0.67	-0.17	-0.54	-0.37	-0.1	-0.95	-0.7	-0.26	-0.61	-0.66	0.01	0.43	0.37	0.09	0.19
Retained Earnings	-0.51	0.08	-0.61	-0.04	0.63		0.28	-0.65	-0.17	0.01	-0.65	-0.97	-0.3	-0.42	-0.13	-0.56	-0.49	-0.83	-0.46	-0.98	-0.96	-0.25	0.35	0.53	0.52	0.25
Accounts Payable	0.31	0.94	-0.08	-0.16	-0.1	0.28		0.09	-0.09	0.09	0.09	-0.32	0.03	-0.15	0.88	-0.31	0.32	-0.17	0.17	-0.34	-0.33	-0.2	0.25	0.27	0.77	-0.17
Cash	0.94	0.18	0.97	-0.28	-1.0	-0.65	0.09		-0.07	0.07	1.0	0.69	0.16	0.54	0.37	0.13	0.94	0.72	0.27	0.64	0.69	0.01	-0.43	-0.37	-0.1	-0.19
Non Current Assets Total	-0.03	-0.16	-0.01	0.76	0.07	-0.17	-0.09	-0.07		0.6	-0.07	0.03	-0.44	-0.26	-0.07	0.31	-0.12	0.28	0.51	0.12	0.01	-0.39	0.43	-0.33	-0.3	-0.14
Other Assets	0.16	-0.01	0.16	0.14	-0.09	0.01	0.09	0.07	0.6		0.07	-0.09	0.15	0.03	-0.01	-0.12	0.11	-0.06	0.43	0.02	-0.1	-0.39	0.51	-0.28	-0.03	-0.35
Cash And Short Term Investments	0.94	0.18	0.97	-0.28	-1.0	-0.65	0.09	1.0	-0.07	0.07		0.69	0.16	0.54	0.37	0.13	0.94	0.72	0.27	0.64	0.69	0.01	-0.43	-0.37	-0.1	-0.19
Common Stock Shares Outstanding	0.5	-0.11	0.66	-0.12	-0.67	-0.97	-0.32	0.69	0.03	-0.09	0.69		0.34	0.39	0.08	0.59	0.5	0.81	0.3	0.98	1.0	0.29	-0.53	-0.57	-0.46	-0.17
Other Current Assets	0.14	0.16	0.11	-0.59	-0.17	-0.3	0.03	0.16	-0.44	0.15	0.16	0.34		0.25	0.12	-0.01	0.18	-0.11	0.03	0.37	0.35	0.4	-0.14	-0.08	0.04	-0.27
Other Stockholder Equity	0.51	0.02	0.49	-0.25	-0.54	-0.42	-0.15	0.54	-0.26	0.03	0.54	0.39	0.25		0.11	-0.39	0.53	0.23	0.08	0.42	0.36	0.42	-0.07	-0.01	-0.28	-0.2
Total Liab	0.54	0.96	0.15	-0.13	-0.37	-0.13	0.88	0.37	-0.07	-0.01	0.37	0.08	0.12	0.11		-0.15	0.55	0.18	0.29	0.08	0.06	0.07	0.13	0.15	0.57	-0.2
Property Plant And Equipment Gross	-0.06	-0.27	0.15	0.32	-0.1	-0.56	-0.31	0.13	0.31	-0.12	0.13	0.59	-0.01	-0.39	-0.15		-0.08	0.59	0.21	0.54	0.61	-0.1	-0.36	-0.57	-0.37	-0.07
Total Current Assets	1.0	0.38	0.88	-0.3	-0.95	-0.49	0.32	0.94	-0.12	0.11	0.94	0.5	0.18	0.53	0.55	-0.08		0.57	0.27	0.46	0.49	-0.04	-0.28	-0.22	0.12	-0.24
Non Current Liabilities Total	0.6	-0.08	0.69	0.24	-0.7	-0.83	-0.17	0.72	0.28	-0.06	0.72	0.81	-0.11	0.23	0.18	0.59	0.57		0.31	0.78	0.81	-0.08	-0.37	-0.66	-0.37	-0.05
Non Currrent Assets Other	0.32	0.21	0.25	0.26	-0.26	-0.46	0.17	0.27	0.51	0.43	0.27	0.3	0.03	0.08	0.29	0.21	0.27	0.31		0.37	0.29	-0.3	0.39	0.04	-0.35	-0.56
Common Stock Total Equity	0.47	-0.11	0.61	-0.04	-0.61	-0.98	-0.34	0.64	0.12	0.02	0.64	0.98	0.37	0.42	0.08	0.54	0.46	0.78	0.37		0.97	0.33	-0.36	-0.52	-0.48	-0.25
Common Stock	0.49	-0.13	0.67	-0.14	-0.66	-0.96	-0.33	0.69	0.01	-0.1	0.69	1.0	0.35	0.36	0.06	0.61	0.49	0.81	0.29	0.97		0.27	-0.57	-0.58	-0.45	-0.17
Other Current Liab	-0.08	0.11	-0.11	-0.32	0.01	-0.25	-0.2	0.01	-0.39	-0.39	0.01	0.29	0.4	0.42	0.07	-0.1	-0.04	-0.08	-0.3	0.33	0.27		-0.19	0.25	-0.13	0.25
Short Long Term Debt Total	-0.24	0.2	-0.45	0.48	0.43	0.35	0.25	-0.43	0.43	0.51	-0.43	-0.53	-0.14	-0.07	0.13	-0.36	-0.28	-0.37	0.39	-0.36	-0.57	-0.19		0.42	0.05	-0.32
Short Term Debt	-0.25	0.32	-0.44	-0.16	0.37	0.53	0.27	-0.37	-0.33	-0.28	-0.37	-0.57	-0.08	-0.01	0.15	-0.57	-0.22	-0.66	0.04	-0.52	-0.58	0.25	0.42		0.2	-0.05
Net Receivables	0.09	0.68	-0.19	-0.29	0.09	0.52	0.77	-0.1	-0.3	-0.03	-0.1	-0.46	0.04	-0.28	0.57	-0.37	0.12	-0.37	-0.35	-0.48	-0.45	-0.13	0.05	0.2		-0.04
Inventory	-0.25	-0.19	-0.2	-0.11	0.19	0.25	-0.17	-0.19	-0.14	-0.35	-0.19	-0.17	-0.27	-0.2	-0.2	-0.07	-0.24	-0.05	-0.56	-0.25	-0.17	0.25	-0.32	-0.05	-0.04

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Asiamet Resources Account Relationship Matchups

Asiamet Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	987K	1.4M	9.2M	5.4M	4.4M	2.3M
Total Current Liabilities	563K	1.7M	981K	1.0M	566K	856.4K
Total Stockholder Equity	(279K)	(394K)	7.5M	3.8M	3.2M	3.3M
Property Plant And Equipment Net	433K	42K	67K	52K	30K	28.5K
Net Debt	(103K)	(901K)	(8.9M)	(5.1M)	(4.1M)	(3.9M)
Retained Earnings	(64.5M)	(68.6M)	(74.7M)	(81.7M)	(87.0M)	(82.6M)
Accounts Payable	396K	391K	537K	657K	270K	256.5K
Cash	418K	1.2M	9.1M	5.2M	4.1M	4.3M
Non Current Assets Total	519K	47K	138K	119K	95K	169.7K
Cash And Short Term Investments	418K	1.2M	9.1M	5.2M	4.1M	4.3M
Common Stock Shares Outstanding	1.0B	1.4B	1.8B	1.9B	2.2B	2.4B
Liabilities And Stockholders Equity	987K	1.4M	9.2M	5.4M	4.4M	2.3M
Other Current Assets	33K	50.0	129K	77K	131K	68.4K
Total Liab	1.3M	1.8M	1.8M	1.6M	1.2M	1.0M
Property Plant And Equipment Gross	433K	42K	67K	52K	600K	630K
Total Current Assets	468K	1.3M	9.1M	5.3M	4.3M	2.2M
Accumulated Other Comprehensive Income	53.3M	53.5K	62.8K	63.7K	64.3M	67.5M
Non Current Liabilities Total	710K	81K	794K	550K	615K	645.8K
Non Currrent Assets Other	86K	5K	71K	67K	65K	68.3K
Common Stock Total Equity	8.5M	10.0M	11.0M	14.8M	17.0M	17.8M
Common Stock	11.0M	14.8M	19.4M	21.8M	25.9M	27.2M
Other Current Liab	89K	1.0M	285K	288K	296K	288.0K
Net Receivables	25K	4K	33K	77K	69.3K	65.8K
Net Tangible Assets	2.2M	(279K)	(394K)	7.5M	8.6M	9.0M
Property Plant Equipment	234K	433K	42K	67K	60.3K	114.8K
Other Liab	378K	473K	81K	794K	913.1K	958.8K
Net Invested Capital	(279K)	(394K)	7.5M	3.8M	3.2M	2.9M
Net Working Capital	(95K)	(367K)	8.1M	4.3M	3.7M	3.1M
Capital Stock	11.0M	14.8M	19.4M	21.8M	25.9M	18.9M

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Other Information on Investing in Asiamet Stock

Balance Sheet is a snapshot of the financial position of Asiamet Resources at a specified time, usually calculated after every quarter, six months, or one year. Asiamet Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Asiamet Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Asiamet currently owns. An asset can also be divided into two categories, current and non-current.

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Asiamet Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Asiamet Resources fundamental ratios Correlations

Asiamet Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asiamet Resources fundamental ratios Accounts

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Other Information on Investing in Asiamet Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.98	Common Stock Shares Outstanding
Cash	+ 0.97	Total Stockholder Equity
Cash And Short Term Investments	+ 0.97	Total Stockholder Equity

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock Total Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Net Debt	- 0.97	Total Stockholder Equity
Common Stock	- 0.96	Retained Earnings