Aurum Retained Earnings vs Cash And Short Term Investments Analysis

Stocks . Australia . 
Stock . Aurum Resources
AUE Stock   0.39  0.02  4.88%   
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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurum Resources Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Aurum Resources' Retained Earnings and Cash And Short Term Investments is -0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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' Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Aurum Resources are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Aurum Resources' Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Aurum Resources balance sheet. This account contains Aurum Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Aurum Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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

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Additional Tools for Aurum Stock Analysis

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