Asiamet Other Non Cash Items vs Investments 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 Other Non Cash Items and its Investments 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.

Other Non Cash Items vs Investments

Other Non Cash Items vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asiamet Resources Other Non Cash Items account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Asiamet Resources' Other Non Cash Items and Investments is -0.01. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Investments 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' Other Non Cash Items and Investments 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 Non Cash Items of Asiamet Resources Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Other Non Cash Items i.e., Asiamet Resources' Other Non Cash Items and Investments go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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

0.360.89-0.23-0.95-0.510.310.94-0.030.160.940.50.140.510.54-0.061.00.60.320.470.49-0.08-0.24-0.250.09-0.25
0.36-0.03-0.23-0.180.080.940.18-0.16-0.010.18-0.110.160.020.96-0.270.38-0.080.21-0.11-0.130.110.20.320.68-0.19
0.89-0.03-0.25-0.97-0.61-0.080.97-0.010.160.970.660.110.490.150.150.880.690.250.610.67-0.11-0.45-0.44-0.19-0.2
-0.23-0.23-0.250.29-0.04-0.16-0.280.760.14-0.28-0.12-0.59-0.25-0.130.32-0.30.240.26-0.04-0.14-0.320.48-0.16-0.29-0.11
-0.95-0.18-0.970.290.63-0.1-1.00.07-0.09-1.0-0.67-0.17-0.54-0.37-0.1-0.95-0.7-0.26-0.61-0.660.010.430.370.090.19
-0.510.08-0.61-0.040.630.28-0.65-0.170.01-0.65-0.97-0.3-0.42-0.13-0.56-0.49-0.83-0.46-0.98-0.96-0.250.350.530.520.25
0.310.94-0.08-0.16-0.10.280.09-0.090.090.09-0.320.03-0.150.88-0.310.32-0.170.17-0.34-0.33-0.20.250.270.77-0.17
0.940.180.97-0.28-1.0-0.650.09-0.070.071.00.690.160.540.370.130.940.720.270.640.690.01-0.43-0.37-0.1-0.19
-0.03-0.16-0.010.760.07-0.17-0.09-0.070.6-0.070.03-0.44-0.26-0.070.31-0.120.280.510.120.01-0.390.43-0.33-0.3-0.14
0.16-0.010.160.14-0.090.010.090.070.60.07-0.090.150.03-0.01-0.120.11-0.060.430.02-0.1-0.390.51-0.28-0.03-0.35
0.940.180.97-0.28-1.0-0.650.091.0-0.070.070.690.160.540.370.130.940.720.270.640.690.01-0.43-0.37-0.1-0.19
0.5-0.110.66-0.12-0.67-0.97-0.320.690.03-0.090.690.340.390.080.590.50.810.30.981.00.29-0.53-0.57-0.46-0.17
0.140.160.11-0.59-0.17-0.30.030.16-0.440.150.160.340.250.12-0.010.18-0.110.030.370.350.4-0.14-0.080.04-0.27
0.510.020.49-0.25-0.54-0.42-0.150.54-0.260.030.540.390.250.11-0.390.530.230.080.420.360.42-0.07-0.01-0.28-0.2
0.540.960.15-0.13-0.37-0.130.880.37-0.07-0.010.370.080.120.11-0.150.550.180.290.080.060.070.130.150.57-0.2
-0.06-0.270.150.32-0.1-0.56-0.310.130.31-0.120.130.59-0.01-0.39-0.15-0.080.590.210.540.61-0.1-0.36-0.57-0.37-0.07
1.00.380.88-0.3-0.95-0.490.320.94-0.120.110.940.50.180.530.55-0.080.570.270.460.49-0.04-0.28-0.220.12-0.24
0.6-0.080.690.24-0.7-0.83-0.170.720.28-0.060.720.81-0.110.230.180.590.570.310.780.81-0.08-0.37-0.66-0.37-0.05
0.320.210.250.26-0.26-0.460.170.270.510.430.270.30.030.080.290.210.270.310.370.29-0.30.390.04-0.35-0.56
0.47-0.110.61-0.04-0.61-0.98-0.340.640.120.020.640.980.370.420.080.540.460.780.370.970.33-0.36-0.52-0.48-0.25
0.49-0.130.67-0.14-0.66-0.96-0.330.690.01-0.10.691.00.350.360.060.610.490.810.290.970.27-0.57-0.58-0.45-0.17
-0.080.11-0.11-0.320.01-0.25-0.20.01-0.39-0.390.010.290.40.420.07-0.1-0.04-0.08-0.30.330.27-0.190.25-0.130.25
-0.240.2-0.450.480.430.350.25-0.430.430.51-0.43-0.53-0.14-0.070.13-0.36-0.28-0.370.39-0.36-0.57-0.190.420.05-0.32
-0.250.32-0.44-0.160.370.530.27-0.37-0.33-0.28-0.37-0.57-0.08-0.010.15-0.57-0.22-0.660.04-0.52-0.580.250.420.2-0.05
0.090.68-0.19-0.290.090.520.77-0.1-0.3-0.03-0.1-0.460.04-0.280.57-0.370.12-0.37-0.35-0.48-0.45-0.130.050.2-0.04
-0.25-0.19-0.2-0.110.190.25-0.17-0.19-0.14-0.35-0.19-0.17-0.27-0.2-0.2-0.07-0.24-0.05-0.56-0.25-0.170.25-0.32-0.05-0.04
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Asiamet Resources Account Relationship Matchups

Asiamet Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets987K1.4M9.2M5.4M4.4M2.3M
Total Current Liabilities563K1.7M981K1.0M566K856.4K
Total Stockholder Equity(279K)(394K)7.5M3.8M3.2M3.3M
Property Plant And Equipment Net433K42K67K52K30K28.5K
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 Payable396K391K537K657K270K256.5K
Cash418K1.2M9.1M5.2M4.1M4.3M
Non Current Assets Total519K47K138K119K95K169.7K
Cash And Short Term Investments418K1.2M9.1M5.2M4.1M4.3M
Common Stock Shares Outstanding1.0B1.4B1.8B1.9B2.2B2.4B
Liabilities And Stockholders Equity987K1.4M9.2M5.4M4.4M2.3M
Other Current Assets33K50.0129K77K131K68.4K
Total Liab1.3M1.8M1.8M1.6M1.2M1.0M
Property Plant And Equipment Gross433K42K67K52K600K630K
Total Current Assets468K1.3M9.1M5.3M4.3M2.2M
Accumulated Other Comprehensive Income53.3M53.5K62.8K63.7K64.3M67.5M
Non Current Liabilities Total710K81K794K550K615K645.8K
Non Currrent Assets Other86K5K71K67K65K68.3K
Common Stock Total Equity8.5M10.0M11.0M14.8M17.0M17.8M
Common Stock11.0M14.8M19.4M21.8M25.9M27.2M
Other Current Liab89K1.0M285K288K296K288.0K
Net Receivables25K4K33K77K69.3K65.8K
Net Tangible Assets2.2M(279K)(394K)7.5M8.6M9.0M
Property Plant Equipment234K433K42K67K60.3K114.8K
Other Liab378K473K81K794K913.1K958.8K
Net Invested Capital(279K)(394K)7.5M3.8M3.2M2.9M
Net Working Capital(95K)(367K)8.1M4.3M3.7M3.1M
Capital Stock11.0M14.8M19.4M21.8M25.9M18.9M

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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.