Aurum Property Plant And Equipment Gross vs Net Receivables Analysis

Stocks . Australia . 
Stock . Aurum Resources
AUE Stock   0.42  0.01  2.44%   
Aurum Resources financial indicator trend analysis is way more than just evaluating Aurum Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurum Resources is a good investment. Please check the relationship between Aurum Resources Property Plant And Equipment Gross and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurum 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.

Property Plant And Equipment Gross vs Net Receivables

Property Plant And Equipment Gross vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurum Resources Property Plant And Equipment Gross account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Aurum Resources' Property Plant And Equipment Gross and Net Receivables is -0.76. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Aurum Resources, assuming nothing else is changed. The correlation between historical values of Aurum Resources' Property Plant And Equipment Gross and Net Receivables 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 Gross of Aurum Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Gross i.e., Aurum Resources' Property Plant And Equipment Gross and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Gross

Net Receivables

Most indicators from Aurum Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurum 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 Aurum 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.
Selling General Administrative is likely to gain to about 899.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Income249.013.8K15.9K16.7K
Net Interest Income249.013.8K15.9K16.7K

Aurum Resources fundamental ratios Correlations

Total Assets
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Net Tangible Assets
Net Debt
Retained Earnings
Cash
Cash And Short Term Investments
Common Stock Shares Outstanding
Total Liab
Total Current Assets
Common Stock
Property Plant And Equipment Net
Accounts Payable
Non Current Assets Total
Net Receivables
Other Current Assets
Net Invested Capital
Property Plant And Equipment Gross
Capital Stock
Net Working Capital
Property Plant Equipment
Non Currrent Assets Other
Other Assets
Inventory
Total Assets
1.01.01.00.65-0.99-0.910.990.990.861.00.991.00.990.990.990.90.87-0.83-0.82-0.94-0.85-0.82-0.94-0.940.94
Other Current Liab
1.01.01.00.65-0.99-0.910.990.990.861.00.990.990.990.990.990.90.88-0.81-0.8-0.94-0.83-0.8-0.94-0.940.94
Total Current Liabilities
1.01.01.00.6-0.98-0.90.990.990.871.00.990.991.01.01.00.90.88-0.82-0.81-0.95-0.84-0.81-0.95-0.950.94
Total Stockholder Equity
1.01.01.00.65-0.99-0.910.990.990.861.00.991.00.990.990.990.90.87-0.83-0.82-0.94-0.85-0.82-0.94-0.940.94
Net Tangible Assets
0.650.650.60.65-0.74-0.850.730.730.510.60.730.70.540.550.540.560.48-0.68-0.68-0.49-0.68-0.68-0.49-0.490.54
Net Debt
-0.99-0.99-0.98-0.99-0.740.95-1.0-1.0-0.86-0.98-1.0-1.0-0.96-0.97-0.96-0.9-0.870.860.840.90.870.840.90.9-0.93
Retained Earnings
-0.91-0.91-0.9-0.91-0.850.95-0.95-0.95-0.77-0.9-0.95-0.95-0.86-0.87-0.86-0.83-0.740.940.930.80.940.930.80.8-0.83
Cash
0.990.990.990.990.73-1.0-0.951.00.840.991.01.00.970.970.970.880.85-0.85-0.84-0.92-0.87-0.84-0.92-0.920.92
Cash And Short Term Investments
0.990.990.990.990.73-1.0-0.951.00.840.991.01.00.970.970.970.880.85-0.85-0.84-0.92-0.87-0.84-0.92-0.920.92
Common Stock Shares Outstanding
0.860.860.870.860.51-0.86-0.770.840.840.870.840.850.870.870.870.990.99-0.75-0.69-0.67-0.76-0.69-0.67-0.670.98
Total Liab
1.01.01.01.00.6-0.98-0.90.990.990.870.990.991.01.01.00.90.88-0.82-0.81-0.95-0.84-0.81-0.95-0.950.94
Total Current Assets
0.990.990.990.990.73-1.0-0.951.01.00.840.991.00.970.970.970.880.85-0.85-0.84-0.92-0.87-0.84-0.92-0.920.92
Common Stock
1.00.990.991.00.7-1.0-0.951.01.00.850.991.00.980.980.980.890.85-0.86-0.85-0.93-0.88-0.85-0.93-0.930.93
Property Plant And Equipment Net
0.990.991.00.990.54-0.96-0.860.970.970.871.00.970.981.01.00.90.89-0.79-0.78-0.95-0.81-0.78-0.95-0.950.95
Accounts Payable
0.990.991.00.990.55-0.97-0.870.970.970.871.00.970.981.01.00.90.88-0.81-0.8-0.95-0.83-0.8-0.95-0.950.95
Non Current Assets Total
0.990.991.00.990.54-0.96-0.860.970.970.871.00.970.981.01.00.90.89-0.79-0.78-0.95-0.81-0.78-0.95-0.950.95
Net Receivables
0.90.90.90.90.56-0.9-0.830.880.880.990.90.880.890.90.90.90.98-0.81-0.76-0.72-0.82-0.76-0.72-0.720.99
Other Current Assets
0.870.880.880.870.48-0.87-0.740.850.850.990.880.850.850.890.880.890.98-0.7-0.64-0.7-0.71-0.64-0.7-0.70.98
Net Invested Capital
-0.83-0.81-0.82-0.83-0.680.860.94-0.85-0.85-0.75-0.82-0.85-0.86-0.79-0.81-0.79-0.81-0.70.990.721.00.990.720.72-0.79
Property Plant And Equipment Gross
-0.82-0.8-0.81-0.82-0.680.840.93-0.84-0.84-0.69-0.81-0.84-0.85-0.78-0.8-0.78-0.76-0.640.990.741.01.00.740.74-0.75
Capital Stock
-0.94-0.94-0.95-0.94-0.490.90.8-0.92-0.92-0.67-0.95-0.92-0.93-0.95-0.95-0.95-0.72-0.70.720.740.750.741.01.0-0.8
Net Working Capital
-0.85-0.83-0.84-0.85-0.680.870.94-0.87-0.87-0.76-0.84-0.87-0.88-0.81-0.83-0.81-0.82-0.711.01.00.751.00.750.75-0.81
Property Plant Equipment
-0.82-0.8-0.81-0.82-0.680.840.93-0.84-0.84-0.69-0.81-0.84-0.85-0.78-0.8-0.78-0.76-0.640.991.00.741.00.740.74-0.75
Non Currrent Assets Other
-0.94-0.94-0.95-0.94-0.490.90.8-0.92-0.92-0.67-0.95-0.92-0.93-0.95-0.95-0.95-0.72-0.70.720.741.00.750.741.0-0.8
Other Assets
-0.94-0.94-0.95-0.94-0.490.90.8-0.92-0.92-0.67-0.95-0.92-0.93-0.95-0.95-0.95-0.72-0.70.720.741.00.750.741.0-0.8
Inventory
0.940.940.940.940.54-0.93-0.830.920.920.980.940.920.930.950.950.950.990.98-0.79-0.75-0.8-0.81-0.75-0.8-0.8
Click cells to compare fundamentals

Aurum Resources Account Relationship Matchups

High Positive Relationship

Other Current Liab
+ 1.0
Total Assets
Total Current Liabilities
+ 1.0
Total Assets
Total Stockholder Equity
+ 1.0
Total Assets
Total Liab
+ 1.0
Total Assets
Common Stock
+ 1.0
Total Assets
Total Current Liabilities
+ 1.0
Other Current Liab

High Negative Relationship

Common Stock
- 1.0
Net Debt
Total Current Assets
- 1.0
Net Debt
Cash And Short Term Investments
- 1.0
Net Debt
Cash
- 1.0
Net Debt
Net Debt
- 0.99
Total Stockholder Equity
Net Debt
- 0.99
Other Current Liab

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 Aurum Stock Analysis

When running Aurum Resources' price analysis, check to measure Aurum 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 Aurum Resources is operating at the current time. Most of Aurum Resources' value examination focuses on studying past and present price action to predict the probability of Aurum Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurum Resources' price. Additionally, you may evaluate how the addition of Aurum Resources 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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY