AfriTin Change To Operating Activities vs Free Cash Flow Analysis

ATM Stock

2.75 0.40 17.02%

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

Change To Operating Activities vs Free Cash Flow

Change To Operating Activities vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AfriTin Mining Change To Operating Activities account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between AfriTin Mining's Change To Operating Activities and Free Cash Flow is 0.5. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of AfriTin Mining, assuming nothing else is changed. The correlation between historical values of AfriTin Mining's Change To Operating Activities 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 Change To Operating Activities of AfriTin Mining 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 Change To Operating Activities i.e., AfriTin Mining's Change To Operating Activities and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Change To Operating Activities

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 AfriTin Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AfriTin Mining 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 AfriTin Mining. 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, AfriTin Mining's Tax Provision is projected to decrease significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.9M	2.4M	3.4M	3.5M
Interest Income	6.5K	39.1K	212.0K	222.6K

Reconciled Depreciation Interest Income

AfriTin Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Short Long Term Debt Total	Net Tangible Assets	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets
Total Assets		0.28	0.59	1.0	1.0	-0.9	-0.96	0.93	0.85	1.0	-0.75	0.69	0.85	-0.46	0.91	-0.89	0.19	0.9	0.99	-0.43	0.17	-0.17	0.19	-0.12	0.29	0.25
Other Current Liab	0.28		0.72	0.25	0.27	-0.34	-0.2	0.43	0.58	0.26	-0.67	0.74	0.58	0.58	0.55	-0.14	0.96	0.58	0.24	-0.57	0.59	0.32	0.37	0.33	0.6	0.29
Total Current Liabilities	0.59	0.72		0.56	0.57	-0.6	-0.45	0.73	0.79	0.57	-0.7	0.71	0.79	0.14	0.67	-0.51	0.77	0.81	0.52	-0.34	0.37	-0.01	0.5	-0.04	0.45	0.48
Total Stockholder Equity	1.0	0.25	0.56		1.0	-0.9	-0.97	0.92	0.83	1.0	-0.75	0.68	0.83	-0.47	0.91	-0.89	0.16	0.89	1.0	-0.44	0.17	-0.17	0.18	-0.12	0.28	0.24
Property Plant And Equipment Net	1.0	0.27	0.57	1.0		-0.89	-0.97	0.92	0.84	1.0	-0.76	0.69	0.84	-0.45	0.92	-0.9	0.18	0.89	1.0	-0.45	0.18	-0.16	0.19	-0.1	0.3	0.25
Net Debt	-0.9	-0.34	-0.6	-0.9	-0.89		0.77	-0.97	-0.95	-0.9	0.7	-0.65	-0.95	0.36	-0.8	0.78	-0.22	-0.93	-0.85	0.17	0.0	0.11	0.03	0.11	-0.1	0.0
Retained Earnings	-0.96	-0.2	-0.45	-0.97	-0.97	0.77		-0.81	-0.7	-0.97	0.72	-0.65	-0.7	0.47	-0.9	0.87	-0.11	-0.79	-0.99	0.57	-0.25	0.16	-0.24	0.07	-0.36	-0.3
Accounts Payable	0.93	0.43	0.73	0.92	0.92	-0.97	-0.81		0.97	0.92	-0.8	0.71	0.97	-0.27	0.87	-0.83	0.35	0.97	0.88	-0.3	0.11	-0.07	0.14	-0.07	0.22	0.14
Cash	0.85	0.58	0.79	0.83	0.84	-0.95	-0.7	0.97		0.83	-0.79	0.77	1.0	-0.13	0.83	-0.7	0.49	0.98	0.78	-0.27	0.16	-0.01	0.15	-0.05	0.26	0.13
Non Current Assets Total	1.0	0.26	0.57	1.0	1.0	-0.9	-0.97	0.92	0.83		-0.75	0.68	0.83	-0.48	0.91	-0.9	0.16	0.89	0.99	-0.43	0.17	-0.18	0.19	-0.12	0.29	0.25
Non Currrent Assets Other	-0.75	-0.67	-0.7	-0.75	-0.76	0.7	0.72	-0.8	-0.79	-0.75		-0.81	-0.79	-0.21	-0.93	0.76	-0.59	-0.83	-0.74	0.74	-0.42	-0.37	-0.22	-0.43	-0.44	-0.12
Other Assets	0.69	0.74	0.71	0.68	0.69	-0.65	-0.65	0.71	0.77	0.68	-0.81		0.77	0.17	0.86	-0.52	0.63	0.81	0.68	-0.62	0.35	0.23	0.24	0.07	0.4	0.17
Cash And Short Term Investments	0.85	0.58	0.79	0.83	0.84	-0.95	-0.7	0.97	1.0	0.83	-0.79	0.77		-0.13	0.83	-0.7	0.49	0.98	0.78	-0.27	0.16	-0.01	0.15	-0.05	0.26	0.13
Common Stock Shares Outstanding	-0.46	0.58	0.14	-0.47	-0.45	0.36	0.47	-0.27	-0.13	-0.48	-0.21	0.17	-0.13		-0.08	0.41	0.62	-0.15	-0.47	-0.32	0.34	0.77	0.11	0.63	0.22	-0.18
Inventory	0.91	0.55	0.67	0.91	0.92	-0.8	-0.9	0.87	0.83	0.91	-0.93	0.86	0.83	-0.08		-0.82	0.45	0.9	0.91	-0.71	0.39	0.17	0.28	0.17	0.46	0.22
Other Stockholder Equity	-0.89	-0.14	-0.51	-0.89	-0.9	0.78	0.87	-0.83	-0.7	-0.9	0.76	-0.52	-0.7	0.41	-0.82		-0.07	-0.74	-0.89	0.43	-0.06	0.12	0.0	-0.08	-0.12	-0.13
Total Liab	0.19	0.96	0.77	0.16	0.18	-0.22	-0.11	0.35	0.49	0.16	-0.59	0.63	0.49	0.62	0.45	-0.07		0.52	0.14	-0.52	0.6	0.28	0.53	0.27	0.63	0.41
Total Current Assets	0.9	0.58	0.81	0.89	0.89	-0.93	-0.79	0.97	0.98	0.89	-0.83	0.81	0.98	-0.15	0.9	-0.74	0.52		0.85	-0.4	0.26	-0.02	0.29	-0.06	0.37	0.25
Common Stock	0.99	0.24	0.52	1.0	1.0	-0.85	-0.99	0.88	0.78	0.99	-0.74	0.68	0.78	-0.47	0.91	-0.89	0.14	0.85		-0.5	0.2	-0.16	0.21	-0.09	0.32	0.27
Short Term Investments	-0.43	-0.57	-0.34	-0.44	-0.45	0.17	0.57	-0.3	-0.27	-0.43	0.74	-0.62	-0.27	-0.32	-0.71	0.43	-0.52	-0.4	-0.5		-0.66	-0.41	-0.4	-0.52	-0.66	-0.29
Short Long Term Debt Total	0.17	0.59	0.37	0.17	0.18	0.0	-0.25	0.11	0.16	0.17	-0.42	0.35	0.16	0.34	0.39	-0.06	0.6	0.26	0.2	-0.66		0.32	0.75	0.49	0.96	0.66
Net Tangible Assets	-0.17	0.32	-0.01	-0.17	-0.16	0.11	0.16	-0.07	-0.01	-0.18	-0.37	0.23	-0.01	0.77	0.17	0.12	0.28	-0.02	-0.16	-0.41	0.32		-0.01	0.8	0.15	-0.41
Net Receivables	0.19	0.37	0.5	0.18	0.19	0.03	-0.24	0.14	0.15	0.19	-0.22	0.24	0.15	0.11	0.28	0.0	0.53	0.29	0.21	-0.4	0.75	-0.01		-0.04	0.84	0.85
Common Stock Total Equity	-0.12	0.33	-0.04	-0.12	-0.1	0.11	0.07	-0.07	-0.05	-0.12	-0.43	0.07	-0.05	0.63	0.17	-0.08	0.27	-0.06	-0.09	-0.52	0.49	0.8	-0.04		0.29	-0.2
Non Current Liabilities Total	0.29	0.6	0.45	0.28	0.3	-0.1	-0.36	0.22	0.26	0.29	-0.44	0.4	0.26	0.22	0.46	-0.12	0.63	0.37	0.32	-0.66	0.96	0.15	0.84	0.29		0.76
Other Current Assets	0.25	0.29	0.48	0.24	0.25	0.0	-0.3	0.14	0.13	0.25	-0.12	0.17	0.13	-0.18	0.22	-0.13	0.41	0.25	0.27	-0.29	0.66	-0.41	0.85	-0.2	0.76

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AfriTin Mining Account Relationship Matchups

AfriTin Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.9M	15.1M	22.4M	37.1M	47.5M	66.2M
Other Current Liab	207.4K	113.3K	390.1K	676.4K	2.0M	5.4M
Total Current Liabilities	516.1K	379.5K	5.5M	4.2M	6.8M	12.2M
Total Stockholder Equity	9.3M	14.6M	16.6M	27.3M	35.8M	32.6M
Property Plant And Equipment Net	538.4K	12.8M	18.8M	24.2M	33.9M	42.6M
Net Debt	(2.9M)	(1.8M)	2.9M	(1.9M)	(1.0M)	156.9K
Retained Earnings	(1.5M)	(2.6M)	(10.0M)	(10.7M)	(18.3M)	(26.6M)
Accounts Payable	308.7K	266.2K	1.1M	2.3M	1.6M	2.5M
Cash	2.9M	1.8M	1.4M	7.4M	8.2M	14.5M
Non Current Assets Total	6.8M	12.8M	18.9M	24.3M	34.0M	42.7M
Non Currrent Assets Other	6.8M	(100.3M)	(319.9M)	(320.4M)	(363.8M)	(552.1M)
Cash And Short Term Investments	2.9M	1.8M	1.4M	7.4M	8.2M	14.5M
Common Stock Shares Outstanding	184.0M	465.5M	749.1M	1.1B	1.3B	1.6B
Other Stockholder Equity	29.8K	(122.4K)	(267.1M)	(637.1K)	(2.7M)	(14.6K)
Total Liab	516.1K	454.6K	5.9M	9.6M	11.8M	34.1M
Total Current Assets	3.0M	2.3M	3.5M	12.8M	13.5M	23.5M
Common Stock	10.9M	17.3M	25.6M	38.7M	56.9M	59.2M
Common Stock Total Equity	10.9M	17.3M	25.6M	20.5M	23.6M	24.7M
Other Current Assets	121.7K	475.0K	1.2M	1.0	6.1M	6.4M

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Balance Sheet is a snapshot of the financial position of AfriTin Mining at a specified time, usually calculated after every quarter, six months, or one year. AfriTin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AfriTin Mining 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 AfriTin currently owns. An asset can also be divided into two categories, current and non-current.

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AfriTin Change To Operating Activities vs Free Cash Flow Analysis

Change To Operating Activities vs Free Cash Flow

Change To Operating Activities vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Operating Activities

Free Cash Flow

AfriTin Mining fundamental ratios Correlations

AfriTin Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AfriTin Mining fundamental ratios Accounts

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Other Information on Investing in AfriTin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity

Common Stock	- 0.99	Retained Earnings
Non Current Assets Total	- 0.97	Retained Earnings
Accounts Payable	- 0.97	Net Debt
Retained Earnings	- 0.97	Property Plant And Equipment Net
Retained Earnings	- 0.97	Total Stockholder Equity
Retained Earnings	- 0.96	Total Assets