Ausgold Operating Income vs Research Development Analysis

AUC Stock

0.49 0.02 4.26%

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

Operating Income vs Research Development

Operating Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ausgold Operating Income account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ausgold's Operating Income and Research Development is -0.04. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Ausgold, assuming nothing else is changed. The correlation between historical values of Ausgold's Operating Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ausgold are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., Ausgold's Operating Income and Research Development go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Ausgold operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ausgold is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Research Development

Most indicators from Ausgold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ausgold 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 Ausgold. 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.

Selling General Administrative is likely to drop to about 1.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 12.2 M in 2024

	2023	2024 (projected)
Interest Income	148.1K	155.5K
Research Development	150K	103.6K

Interest Income Research Development

Ausgold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Other Assets	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding
Total Assets		1.0	0.96	1.0	-1.0	1.0	0.91	-0.89	1.0	-0.91	1.0	0.18	1.0	1.0	1.0	1.0	0.7	-0.32	1.0	0.97	-0.27	-0.06	-0.55	0.03	-0.75	-0.04
Total Current Liabilities	1.0		0.94	1.0	-1.0	1.0	0.88	-0.89	1.0	-0.91	1.0	0.24	1.0	1.0	1.0	1.0	0.65	-0.37	1.0	0.98	-0.26	-0.01	-0.6	-0.03	-0.78	-0.08
Total Stockholder Equity	0.96	0.94		0.94	-0.94	0.93	0.93	-0.86	0.93	-0.9	0.93	-0.05	0.93	0.93	0.95	0.93	0.8	-0.05	0.94	0.9	-0.14	-0.18	-0.39	0.19	-0.65	0.06
Other Liab	1.0	1.0	0.94		-1.0	1.0	0.89	-0.9	1.0	-0.91	1.0	0.23	1.0	1.0	1.0	1.0	0.67	-0.37	1.0	0.97	-0.3	-0.03	-0.59	-0.01	-0.76	-0.07
Retained Earnings	-1.0	-1.0	-0.94	-1.0		-1.0	-0.89	0.9	-1.0	0.91	-1.0	-0.23	-1.0	-1.0	-1.0	-1.0	-0.66	0.37	-1.0	-0.98	0.28	0.03	0.59	0.01	0.77	0.07
Accounts Payable	1.0	1.0	0.93	1.0	-1.0		0.87	-0.9	1.0	-0.91	1.0	0.27	1.0	1.0	1.0	1.0	0.63	-0.4	1.0	0.99	-0.29	0.0	-0.62	-0.04	-0.79	-0.09
Cash	0.91	0.88	0.93	0.89	-0.89	0.87		-0.77	0.88	-0.8	0.87	-0.18	0.88	0.87	0.91	0.87	0.87	-0.03	0.88	0.84	-0.4	-0.48	-0.25	0.45	-0.52	0.2
Long Term Debt	-0.89	-0.89	-0.86	-0.9	0.9	-0.9	-0.77		-0.9	0.99	-0.9	-0.28	-0.9	-0.9	-0.89	-0.9	-0.43	0.39	-0.9	-0.89	0.31	0.01	0.75	0.06	0.85	0.08
Net Receivables	1.0	1.0	0.93	1.0	-1.0	1.0	0.88	-0.9		-0.91	1.0	0.26	1.0	1.0	1.0	1.0	0.64	-0.39	1.0	0.98	-0.29	-0.01	-0.61	-0.03	-0.79	-0.08
Good Will	-0.91	-0.91	-0.9	-0.91	0.91	-0.91	-0.8	0.99	-0.91		-0.91	-0.23	-0.91	-0.91	-0.91	-0.91	-0.49	0.32	-0.91	-0.9	0.23	0.01	0.7	0.05	0.84	0.08
Inventory	1.0	1.0	0.93	1.0	-1.0	1.0	0.87	-0.9	1.0	-0.91		0.26	1.0	1.0	1.0	1.0	0.64	-0.4	1.0	0.98	-0.3	-0.01	-0.62	-0.04	-0.78	-0.09
Other Stockholder Equity	0.18	0.24	-0.05	0.23	-0.23	0.27	-0.18	-0.28	0.26	-0.23	0.26		0.26	0.27	0.2	0.26	-0.5	-0.89	0.25	0.32	0.0	0.72	-0.8	-0.82	-0.61	-0.53
Total Liab	1.0	1.0	0.93	1.0	-1.0	1.0	0.88	-0.9	1.0	-0.91	1.0	0.26		1.0	1.0	1.0	0.64	-0.39	1.0	0.98	-0.29	-0.01	-0.61	-0.04	-0.79	-0.09
Short Long Term Debt	1.0	1.0	0.93	1.0	-1.0	1.0	0.87	-0.9	1.0	-0.91	1.0	0.27	1.0		1.0	1.0	0.64	-0.4	1.0	0.98	-0.3	0.0	-0.62	-0.04	-0.79	-0.09
Total Current Assets	1.0	1.0	0.95	1.0	-1.0	1.0	0.91	-0.89	1.0	-0.91	1.0	0.2	1.0	1.0		1.0	0.69	-0.35	1.0	0.98	-0.32	-0.08	-0.57	0.04	-0.76	-0.04
Short Term Debt	1.0	1.0	0.93	1.0	-1.0	1.0	0.87	-0.9	1.0	-0.91	1.0	0.26	1.0	1.0	1.0		0.64	-0.4	1.0	0.98	-0.29	0.0	-0.62	-0.04	-0.79	-0.09
Common Stock	0.7	0.65	0.8	0.67	-0.66	0.63	0.87	-0.43	0.64	-0.49	0.64	-0.5	0.64	0.64	0.69	0.64		0.34	0.65	0.57	-0.19	-0.54	0.19	0.59	-0.1	0.37
Property Plant Equipment	-0.32	-0.37	-0.05	-0.37	0.37	-0.4	-0.03	0.39	-0.39	0.32	-0.4	-0.89	-0.39	-0.4	-0.35	-0.4	0.34		-0.38	-0.44	0.43	-0.47	0.83	0.63	0.62	0.46
Other Current Liab	1.0	1.0	0.94	1.0	-1.0	1.0	0.88	-0.9	1.0	-0.91	1.0	0.25	1.0	1.0	1.0	1.0	0.65	-0.38		0.98	-0.29	-0.01	-0.61	-0.03	-0.78	-0.08
Other Assets	0.97	0.98	0.9	0.97	-0.98	0.99	0.84	-0.89	0.98	-0.9	0.98	0.32	0.98	0.98	0.98	0.98	0.57	-0.44	0.98		-0.28	0.04	-0.64	-0.07	-0.84	-0.11
Property Plant And Equipment Net	-0.27	-0.26	-0.14	-0.3	0.28	-0.29	-0.4	0.31	-0.29	0.23	-0.3	0.0	-0.29	-0.3	-0.32	-0.29	-0.19	0.43	-0.29	-0.28		0.48	0.21	-0.32	0.13	-0.24
Net Debt	-0.06	-0.01	-0.18	-0.03	0.03	0.0	-0.48	0.01	-0.01	0.01	-0.01	0.72	-0.01	0.0	-0.08	0.0	-0.54	-0.47	-0.01	0.04	0.48		-0.49	-0.97	-0.32	-0.52
Non Current Assets Total	-0.55	-0.6	-0.39	-0.59	0.59	-0.62	-0.25	0.75	-0.61	0.7	-0.62	-0.8	-0.61	-0.62	-0.57	-0.62	0.19	0.83	-0.61	-0.64	0.21	-0.49		0.61	0.87	0.49
Cash And Short Term Investments	0.03	-0.03	0.19	-0.01	0.01	-0.04	0.45	0.06	-0.03	0.05	-0.04	-0.82	-0.04	-0.04	0.04	-0.04	0.59	0.63	-0.03	-0.07	-0.32	-0.97	0.61		0.38	0.57
Common Stock Total Equity	-0.75	-0.78	-0.65	-0.76	0.77	-0.79	-0.52	0.85	-0.79	0.84	-0.78	-0.61	-0.79	-0.79	-0.76	-0.79	-0.1	0.62	-0.78	-0.84	0.13	-0.32	0.87	0.38		0.26
Common Stock Shares Outstanding	-0.04	-0.08	0.06	-0.07	0.07	-0.09	0.2	0.08	-0.08	0.08	-0.09	-0.53	-0.09	-0.09	-0.04	-0.09	0.37	0.46	-0.08	-0.11	-0.24	-0.52	0.49	0.57	0.26

Click cells to compare fundamentals

Ausgold Account Relationship Matchups

Ausgold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.1M	59.9M	74.0M	81.5M	89.4M	85.0M
Total Current Liabilities	462.3K	536.8K	924.6K	1.0M	3.7M	3.5M
Total Stockholder Equity	43.4M	58.1M	71.8M	78.6M	84.1M	119.9M
Other Liab	1.2M	1.2M	1.2M	1.2M	1.1M	1.0M
Retained Earnings	(31.3M)	(34.8M)	(37.4M)	(42.6M)	(51.0M)	(53.5M)
Accounts Payable	216.1K	144.1K	424.7K	160.2K	461.6K	438.5K
Cash	1.0M	7.5M	10.9M	9.4M	5.1M	4.9M
Net Receivables	21.0K	80.1K	74.9K	173.7K	250.8K	238.3K
Other Stockholder Equity	(37.8M)	(50.9M)	(65.0M)	(71.1M)	(64.0M)	(60.8M)
Total Liab	1.7M	1.8M	2.2M	3.0M	5.3M	5.1M
Total Current Assets	1.2M	7.8M	11.2M	9.9M	5.4M	5.1M
Short Term Debt	95.9K	99.4K	43.0K	290.3K	2.4M	2.2M
Common Stock	69.0M	85.7M	102.3M	113.7M	125.3M	80.5M
Property Plant Equipment	43.9M	52.1M	62.7M	71.7M	82.4M	86.6M
Other Current Liab	150.3K	293.2K	456.9K	560.6K	795.5K	755.8K
Property Plant And Equipment Net	224.5K	409.9K	360.7K	1.8M	84.0M	88.2M
Net Debt	(853.9K)	(7.3M)	(10.8M)	(8.4M)	(2.4M)	(2.5M)
Non Current Assets Total	43.9M	52.1M	62.7M	71.7M	84.0M	46.6M
Cash And Short Term Investments	1.1M	7.6M	11.1M	9.5M	5.0M	4.3M
Common Stock Shares Outstanding	95.4M	133.1M	171.3M	2.1B	232.4M	238.6M
Short Term Investments	42K	159.3K	124.3K	126K	(151.4K)	(143.9K)
Liabilities And Stockholders Equity	45.1M	59.9M	74.0M	81.5M	89.4M	51.4M
Property Plant And Equipment Gross	43.9M	52.8M	63.5M	72.7M	85.4M	46.7M
Accumulated Other Comprehensive Income	5.6M	7.2M	6.8M	7.5M	9.7M	5.6M
Short Long Term Debt Total	171.9K	196.4K	119.3K	1.0M	2.8M	2.9M
Current Deferred Revenue	(95.9K)	(99.4K)	(43.0K)	(290.3K)	120.1K	126.1K
Other Current Assets	96.0K	94.6K	122.1K	151.4K	136.3K	169.5K
Net Tangible Assets	43.4M	58.1M	71.8M	78.6M	90.4M	52.2M
Non Currrent Assets Other	43.7M	51.7M	62.4M	69.9M	80.4M	84.4M
Non Current Liabilities Total	1.2M	1.3M	1.3M	1.9M	1.7M	1.2M
Long Term Debt Total	76.0K	96.9K	76.3K	733.4K	843.4K	885.5K
Net Invested Capital	43.4M	58.1M	71.8M	78.6M	86.2M	62.4M
Cash And Equivalents	2.2M	298.5K	1.0M	7.5M	8.6M	9.0M
Net Working Capital	722.5K	7.2M	10.3M	8.9M	1.7M	1.7M

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 Ausgold Stock Analysis

When running Ausgold's price analysis, check to measure Ausgold's 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 Ausgold is operating at the current time. Most of Ausgold's value examination focuses on studying past and present price action to predict the probability of Ausgold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ausgold's price. Additionally, you may evaluate how the addition of Ausgold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC