Ausgold Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ausgold Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ausgold's Property Plant And Equipment Net and Accounts Payable is -0.29. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ausgold, assuming nothing else is changed. The correlation between historical values of Ausgold's Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ausgold are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Ausgold's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Ausgold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ausgold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Income148.1K155.5K
Research Development150K103.6K

Ausgold fundamental ratios Correlations

1.00.961.0-1.01.00.91-0.891.0-0.911.00.181.01.01.01.00.7-0.321.00.97-0.27-0.06-0.550.03-0.75-0.04
1.00.941.0-1.01.00.88-0.891.0-0.911.00.241.01.01.01.00.65-0.371.00.98-0.26-0.01-0.6-0.03-0.78-0.08
0.960.940.94-0.940.930.93-0.860.93-0.90.93-0.050.930.930.950.930.8-0.050.940.9-0.14-0.18-0.390.19-0.650.06
1.01.00.94-1.01.00.89-0.91.0-0.911.00.231.01.01.01.00.67-0.371.00.97-0.3-0.03-0.59-0.01-0.76-0.07
-1.0-1.0-0.94-1.0-1.0-0.890.9-1.00.91-1.0-0.23-1.0-1.0-1.0-1.0-0.660.37-1.0-0.980.280.030.590.010.770.07
1.01.00.931.0-1.00.87-0.91.0-0.911.00.271.01.01.01.00.63-0.41.00.99-0.290.0-0.62-0.04-0.79-0.09
0.910.880.930.89-0.890.87-0.770.88-0.80.87-0.180.880.870.910.870.87-0.030.880.84-0.4-0.48-0.250.45-0.520.2
-0.89-0.89-0.86-0.90.9-0.9-0.77-0.90.99-0.9-0.28-0.9-0.9-0.89-0.9-0.430.39-0.9-0.890.310.010.750.060.850.08
1.01.00.931.0-1.01.00.88-0.9-0.911.00.261.01.01.01.00.64-0.391.00.98-0.29-0.01-0.61-0.03-0.79-0.08
-0.91-0.91-0.9-0.910.91-0.91-0.80.99-0.91-0.91-0.23-0.91-0.91-0.91-0.91-0.490.32-0.91-0.90.230.010.70.050.840.08
1.01.00.931.0-1.01.00.87-0.91.0-0.910.261.01.01.01.00.64-0.41.00.98-0.3-0.01-0.62-0.04-0.78-0.09
0.180.24-0.050.23-0.230.27-0.18-0.280.26-0.230.260.260.270.20.26-0.5-0.890.250.320.00.72-0.8-0.82-0.61-0.53
1.01.00.931.0-1.01.00.88-0.91.0-0.911.00.261.01.01.00.64-0.391.00.98-0.29-0.01-0.61-0.04-0.79-0.09
1.01.00.931.0-1.01.00.87-0.91.0-0.911.00.271.01.01.00.64-0.41.00.98-0.30.0-0.62-0.04-0.79-0.09
1.01.00.951.0-1.01.00.91-0.891.0-0.911.00.21.01.01.00.69-0.351.00.98-0.32-0.08-0.570.04-0.76-0.04
1.01.00.931.0-1.01.00.87-0.91.0-0.911.00.261.01.01.00.64-0.41.00.98-0.290.0-0.62-0.04-0.79-0.09
0.70.650.80.67-0.660.630.87-0.430.64-0.490.64-0.50.640.640.690.640.340.650.57-0.19-0.540.190.59-0.10.37
-0.32-0.37-0.05-0.370.37-0.4-0.030.39-0.390.32-0.4-0.89-0.39-0.4-0.35-0.40.34-0.38-0.440.43-0.470.830.630.620.46
1.01.00.941.0-1.01.00.88-0.91.0-0.911.00.251.01.01.01.00.65-0.380.98-0.29-0.01-0.61-0.03-0.78-0.08
0.970.980.90.97-0.980.990.84-0.890.98-0.90.980.320.980.980.980.980.57-0.440.98-0.280.04-0.64-0.07-0.84-0.11
-0.27-0.26-0.14-0.30.28-0.29-0.40.31-0.290.23-0.30.0-0.29-0.3-0.32-0.29-0.190.43-0.29-0.280.480.21-0.320.13-0.24
-0.06-0.01-0.18-0.030.030.0-0.480.01-0.010.01-0.010.72-0.010.0-0.080.0-0.54-0.47-0.010.040.48-0.49-0.97-0.32-0.52
-0.55-0.6-0.39-0.590.59-0.62-0.250.75-0.610.7-0.62-0.8-0.61-0.62-0.57-0.620.190.83-0.61-0.640.21-0.490.610.870.49
0.03-0.030.19-0.010.01-0.040.450.06-0.030.05-0.04-0.82-0.04-0.040.04-0.040.590.63-0.03-0.07-0.32-0.970.610.380.57
-0.75-0.78-0.65-0.760.77-0.79-0.520.85-0.790.84-0.78-0.61-0.79-0.79-0.76-0.79-0.10.62-0.78-0.840.13-0.320.870.380.26
-0.04-0.080.06-0.070.07-0.090.20.08-0.080.08-0.09-0.53-0.09-0.09-0.04-0.090.370.46-0.08-0.11-0.24-0.520.490.570.26
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Ausgold Account Relationship Matchups

Ausgold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.1M59.9M74.0M81.5M89.4M85.0M
Total Current Liabilities462.3K536.8K924.6K1.0M3.7M3.5M
Total Stockholder Equity43.4M58.1M71.8M78.6M84.1M119.9M
Other Liab1.2M1.2M1.2M1.2M1.1M1.0M
Retained Earnings(31.3M)(34.8M)(37.4M)(42.6M)(51.0M)(53.5M)
Accounts Payable216.1K144.1K424.7K160.2K461.6K438.5K
Cash1.0M7.5M10.9M9.4M5.1M4.9M
Net Receivables21.0K80.1K74.9K173.7K250.8K238.3K
Other Stockholder Equity(37.8M)(50.9M)(65.0M)(71.1M)(64.0M)(60.8M)
Total Liab1.7M1.8M2.2M3.0M5.3M5.1M
Total Current Assets1.2M7.8M11.2M9.9M5.4M5.1M
Short Term Debt95.9K99.4K43.0K290.3K2.4M2.2M
Common Stock69.0M85.7M102.3M113.7M125.3M80.5M
Property Plant Equipment43.9M52.1M62.7M71.7M82.4M86.6M
Other Current Liab150.3K293.2K456.9K560.6K795.5K755.8K
Property Plant And Equipment Net224.5K409.9K360.7K1.8M84.0M88.2M
Net Debt(853.9K)(7.3M)(10.8M)(8.4M)(2.4M)(2.5M)
Non Current Assets Total43.9M52.1M62.7M71.7M84.0M46.6M
Cash And Short Term Investments1.1M7.6M11.1M9.5M5.0M4.3M
Common Stock Shares Outstanding95.4M133.1M171.3M2.1B232.4M238.6M
Short Term Investments42K159.3K124.3K126K(151.4K)(143.9K)
Liabilities And Stockholders Equity45.1M59.9M74.0M81.5M89.4M51.4M
Property Plant And Equipment Gross43.9M52.8M63.5M72.7M85.4M46.7M
Accumulated Other Comprehensive Income5.6M7.2M6.8M7.5M9.7M5.6M
Short Long Term Debt Total171.9K196.4K119.3K1.0M2.8M2.9M
Current Deferred Revenue(95.9K)(99.4K)(43.0K)(290.3K)120.1K126.1K
Other Current Assets96.0K94.6K122.1K151.4K136.3K169.5K
Net Tangible Assets43.4M58.1M71.8M78.6M90.4M52.2M
Non Currrent Assets Other43.7M51.7M62.4M69.9M80.4M84.4M
Non Current Liabilities Total1.2M1.3M1.3M1.9M1.7M1.2M
Long Term Debt Total76.0K96.9K76.3K733.4K843.4K885.5K
Net Invested Capital43.4M58.1M71.8M78.6M86.2M62.4M
Cash And Equivalents2.2M298.5K1.0M7.5M8.6M9.0M
Net Working Capital722.5K7.2M10.3M8.9M1.7M1.7M

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