Aurion Net Receivables vs Other Stockholder Equity Analysis

AU Stock  CAD 0.59  0.01  1.67%   
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 Net Receivables and its Other Stockholder Equity 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.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurion Resources Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Aurion Resources' Net Receivables and Other Stockholder Equity is 0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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' Net Receivables 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 Net Receivables of Aurion 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 Net Receivables i.e., Aurion Resources' Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Other Stockholder Equity

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.
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.3M4.5M4.1M2.4M
Interest Expense11.1K8.8K7.6K11.2K

Aurion Resources fundamental ratios Correlations

0.891.00.57-0.65-0.980.710.620.970.690.350.960.660.960.690.961.00.880.920.611.00.98-0.910.69-0.41-0.77
0.890.880.43-0.45-0.910.80.420.880.540.540.90.590.950.560.860.90.820.810.60.890.87-0.810.76-0.44-0.71
1.00.880.57-0.66-0.970.710.620.970.690.350.950.660.960.70.961.00.880.920.611.00.98-0.910.69-0.41-0.77
0.570.430.57-0.54-0.490.60.560.450.690.420.460.770.430.70.590.540.680.670.670.510.55-0.540.32-0.39-0.5
-0.65-0.45-0.66-0.540.54-0.59-1.0-0.47-0.92-0.3-0.52-0.63-0.5-0.91-0.54-0.63-0.53-0.59-0.52-0.62-0.540.57-0.550.40.51
-0.98-0.91-0.97-0.490.54-0.67-0.5-0.98-0.58-0.31-0.99-0.61-0.97-0.59-0.94-0.98-0.86-0.91-0.54-0.98-0.970.91-0.660.40.78
0.710.80.710.6-0.59-0.670.590.590.760.880.670.520.680.780.730.710.860.750.80.680.66-0.710.85-0.69-0.72
0.620.420.620.56-1.0-0.50.590.420.930.30.480.640.460.920.510.60.530.590.510.580.5-0.540.54-0.4-0.48
0.970.880.970.45-0.47-0.980.590.420.480.220.950.60.980.490.950.970.820.890.450.980.99-0.860.58-0.27-0.7
0.690.540.690.69-0.92-0.580.760.930.480.560.570.590.521.00.590.670.710.660.790.640.57-0.680.72-0.62-0.66
0.350.540.350.42-0.3-0.310.880.30.220.560.340.160.340.580.420.360.620.390.790.320.31-0.440.73-0.74-0.55
0.960.90.950.46-0.52-0.990.670.480.950.570.340.580.950.580.910.970.830.870.560.960.95-0.910.66-0.43-0.79
0.660.590.660.77-0.63-0.610.520.640.60.590.160.580.620.60.620.640.550.70.330.620.62-0.520.25-0.13-0.39
0.960.950.960.43-0.5-0.970.680.460.980.520.340.950.620.530.940.970.820.880.480.970.96-0.850.65-0.32-0.7
0.690.560.70.7-0.91-0.590.780.920.491.00.580.580.60.530.610.680.730.670.810.650.58-0.690.73-0.64-0.68
0.960.860.960.59-0.54-0.940.730.510.950.590.420.910.620.940.610.960.890.950.570.950.98-0.860.62-0.39-0.74
1.00.91.00.54-0.63-0.980.710.60.970.670.360.970.640.970.680.960.880.920.61.00.98-0.920.69-0.42-0.78
0.880.820.880.68-0.53-0.860.860.530.820.710.620.830.550.820.730.890.880.920.780.860.88-0.880.8-0.6-0.82
0.920.810.920.67-0.59-0.910.750.590.890.660.390.870.70.880.670.950.920.920.570.910.93-0.830.66-0.38-0.71
0.610.60.610.67-0.52-0.540.80.510.450.790.790.560.330.480.810.570.60.780.570.570.54-0.710.78-0.8-0.76
1.00.891.00.51-0.62-0.980.680.580.980.640.320.960.620.970.650.951.00.860.910.570.98-0.90.68-0.38-0.76
0.980.870.980.55-0.54-0.970.660.50.990.570.310.950.620.960.580.980.980.880.930.540.98-0.880.61-0.34-0.74
-0.91-0.81-0.91-0.540.570.91-0.71-0.54-0.86-0.68-0.44-0.91-0.52-0.85-0.69-0.86-0.92-0.88-0.83-0.71-0.9-0.88-0.690.70.96
0.690.760.690.32-0.55-0.660.850.540.580.720.730.660.250.650.730.620.690.80.660.780.680.61-0.69-0.64-0.69
-0.41-0.44-0.41-0.390.40.4-0.69-0.4-0.27-0.62-0.74-0.43-0.13-0.32-0.64-0.39-0.42-0.6-0.38-0.8-0.38-0.340.7-0.640.86
-0.77-0.71-0.77-0.50.510.78-0.72-0.48-0.7-0.66-0.55-0.79-0.39-0.7-0.68-0.74-0.78-0.82-0.71-0.76-0.76-0.740.96-0.690.86
Click cells to compare fundamentals

Aurion Resources Account Relationship Matchups

Aurion Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.7M42.2M65.3M64.6M67.4M70.8M
Total Current Liabilities1.3M404.7K803.4K1.6M1.4M1.5M
Total Stockholder Equity37.8M41.0M63.3M62.0M64.4M67.6M
Property Plant And Equipment Net22.3M30.1M35.4M41.0M181.7K172.6K
Net Debt(8.6M)(1.6M)(20.3M)(7.0M)(5.9M)(6.2M)
Retained Earnings(23.6M)(26.5M)(33.9M)(38.6M)(44.6M)(42.4M)
Accounts Payable1.3M370.4K768.8K715.9K711.6K489.4K
Cash8.8M1.7M20.3M7.0M5.9M4.4M
Non Current Assets Total22.3M34.0M39.2M49.6M58.4M61.3M
Cash And Short Term Investments15.9M7.5M25.3M14.2M8.3M7.3M
Net Receivables984.0K240.7K241.7K292.1K206.9K238.7K
Common Stock Shares Outstanding77.2M83.5M98.6M117.7M127.4M133.8M
Liabilities And Stockholders Equity39.7M42.2M65.3M64.6M67.4M70.8M
Other Stockholder Equity10.3M4.3M20.1M22.9M7.2M6.0M
Total Liab1.9M1.2M2.0M2.6M3.1M3.2M
Total Current Assets17.4M8.2M26.1M15.0M9.0M7.8M
Common Stock51.1M51.2M77.2M77.4M84.4M88.6M
Other Current Assets356.0K370.3K416.0K417.7K495.4K263.1K
Short Term Investments7.2M5.8M5.0M7.2M2.4M3.9M
Accumulated Other Comprehensive Income10.3M11.9M(113.7K)292.0K17.4M18.3M
Net Tangible Assets25.2M37.8M41.0M63.3M72.8M76.5M
Property Plant Equipment14.8M22.3M30.1M35.4M40.7M42.7M
Non Current Liabilities Total558.4K817.7K1.2M1.1M1.6M1.7M
Net Invested Capital37.8M41.0M63.3M62.0M64.4M50.3M
Net Working Capital16.1M7.8M25.3M13.5M7.5M11.5M
Capital Stock51.1M51.2M77.2M77.4M84.4M68.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Aurion Stock Analysis

When running Aurion Resources' price analysis, check to measure Aurion Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurion Resources is operating at the current time. Most of Aurion Resources' value examination focuses on studying past and present price action to predict the probability of Aurion Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurion Resources' price. Additionally, you may evaluate how the addition of Aurion Resources to your portfolios can decrease your overall portfolio volatility.