AU Stock | | | CAD 0.62 0.01 1.64% |
Aurion Resources financial indicator trend analysis is way more than just evaluating Aurion Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurion Resources is a good investment. Please check the relationship between Aurion Resources Begin Period Cash Flow and its Net Borrowings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurion 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 board of governors.
Begin Period Cash Flow vs Net Borrowings
Begin Period Cash Flow vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aurion Resources Begin Period Cash Flow account and
Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aurion Resources' Begin Period Cash Flow and Net Borrowings is -0.31. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Aurion Resources, assuming nothing else is changed. The correlation between historical values of Aurion Resources' Begin Period Cash Flow and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Aurion Resources are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Begin Period Cash Flow i.e., Aurion Resources' Begin Period Cash Flow and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Aurion Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurion 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 Aurion 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 board of governors.
At this time, Aurion Resources'
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 60.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.5
M in 2024.
Aurion Resources fundamental ratios Correlations
Click cells to compare fundamentals
Aurion Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aurion Resources fundamental ratios Accounts
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Additional Tools for Aurion Stock Analysis
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