Australian Short Term Investments vs Cash Analysis

AUI Stock

10.68 0.05 0.47%

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

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian United Short Term Investments account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Australian United's Short Term Investments and Cash is -0.26. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Australian United Investment, assuming nothing else is changed. The correlation between historical values of Australian United's Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Australian United Investment are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Investments i.e., Australian United's Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Australian United balance sheet. It contains any investments Australian United Investment undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Australian United can easily liquidate in the marketplace.

Cash

Cash refers to the most liquid asset of Australian United, which is listed under current asset account on Australian United Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Australian United customers. The amounts must be unrestricted with restricted cash listed in a different Australian United account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Australian United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian United 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 Australian United Investment. 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 1.1 M in 2024. Tax Provision is likely to drop to about 1 M in 2024

	2021	2022	2023	2024 (projected)
Operating Income	76.3M	62.3M	56.3M	36.3M
Other Operating Expenses	1.4M	1.5M	1.5M	1.4M

Operating Income Other Operating Expenses

Australian United fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Non Current Liabilities Total	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Other Current Assets	Short Term Debt	Current Deferred Revenue	Short Long Term Debt Total	Other Liab
Total Assets		0.17	0.3	1.0	0.4	0.44	0.17	0.15	0.43	0.16	0.96	0.15	-0.45	0.98	0.18	0.74	0.18	0.51	0.85	-0.46	-0.78	0.09	-0.26	-0.23	0.34	0.86
Other Current Liab	0.17		0.8	0.15	0.37	-0.06	-0.03	-0.4	-0.04	-0.4	0.1	0.14	-0.54	0.21	-0.43	0.13	-0.33	-0.19	0.21	-0.22	-0.06	-0.42	0.08	-0.83	0.04	0.2
Total Current Liabilities	0.3	0.8		0.28	0.25	-0.06	-0.02	0.0	-0.16	-0.01	0.22	0.34	-0.36	0.35	-0.04	0.31	-0.23	-0.32	0.37	-0.34	-0.13	0.1	-0.11	-0.99	0.01	0.36
Total Stockholder Equity	1.0	0.15	0.28		0.35	0.43	0.13	0.15	0.45	0.17	0.97	0.15	-0.45	0.96	0.19	0.73	0.16	0.51	0.84	-0.47	-0.77	0.09	-0.28	-0.21	0.31	0.86
Net Debt	0.4	0.37	0.25	0.35		0.44	0.54	-0.44	-0.23	-0.45	0.4	0.09	-0.26	0.52	-0.37	0.56	0.29	0.02	0.54	0.04	-0.52	-0.25	0.21	-0.2	0.61	0.27
Retained Earnings	0.44	-0.06	-0.06	0.43	0.44		0.6	-0.21	-0.11	-0.22	0.34	0.37	-0.51	0.45	-0.21	0.47	-0.1	-0.14	0.54	0.57	-0.28	-0.11	-0.38	0.11	0.1	0.4
Accounts Payable	0.17	-0.03	-0.02	0.13	0.54	0.6		-0.19	-0.12	-0.19	0.11	0.22	-0.39	0.29	-0.2	0.19	-0.17	-0.1	0.23	0.49	-0.07	-0.13	-0.27	0.09	0.2	0.14
Cash	0.15	-0.4	0.0	0.15	-0.44	-0.21	-0.19		-0.15	1.0	0.16	-0.01	0.52	0.13	0.99	0.25	0.33	-0.03	0.16	-0.34	-0.26	0.63	0.18	-0.02	0.11	-0.07
Other Assets	0.43	-0.04	-0.16	0.45	-0.23	-0.11	-0.12	-0.15		-0.12	0.41	-0.17	-0.38	0.34	-0.15	-0.16	-0.19	0.86	0.05	-0.42	-0.07	-0.21	-0.41	0.21	-0.21	0.52
Cash And Short Term Investments	0.16	-0.4	-0.01	0.17	-0.45	-0.22	-0.19	1.0	-0.12		0.18	-0.03	0.51	0.14	0.99	0.24	0.33	0.0	0.15	-0.36	-0.26	0.63	0.17	-0.02	0.1	-0.05
Common Stock Total Equity	0.96	0.1	0.22	0.97	0.4	0.34	0.11	0.16	0.41	0.18		0.11	-0.36	0.92	0.21	0.78	0.25	0.54	0.82	-0.54	-0.84	0.05	-0.15	-0.15	0.36	0.79
Common Stock Shares Outstanding	0.15	0.14	0.34	0.15	0.09	0.37	0.22	-0.01	-0.17	-0.03	0.11		-0.37	0.14	-0.04	0.4	-0.15	-0.33	0.41	0.17	0.19	0.16	-0.44	-0.28	-0.07	0.42
Other Stockholder Equity	-0.45	-0.54	-0.36	-0.45	-0.26	-0.51	-0.39	0.52	-0.38	0.51	-0.36	-0.37		-0.41	0.57	-0.18	0.62	-0.08	-0.35	-0.13	0.04	0.46	0.61	0.3	0.21	-0.59
Total Liab	0.98	0.21	0.35	0.96	0.52	0.45	0.29	0.13	0.34	0.14	0.92	0.14	-0.41		0.17	0.74	0.23	0.47	0.86	-0.43	-0.77	0.1	-0.19	-0.27	0.46	0.82
Total Current Assets	0.18	-0.43	-0.04	0.19	-0.37	-0.21	-0.2	0.99	-0.15	0.99	0.21	-0.04	0.57	0.17		0.29	0.46	0.03	0.19	-0.38	-0.32	0.66	0.22	0.02	0.19	-0.05
Common Stock	0.74	0.13	0.31	0.73	0.56	0.47	0.19	0.25	-0.16	0.24	0.78	0.4	-0.18	0.74	0.29		0.37	0.04	0.94	-0.3	-0.81	0.17	0.05	-0.27	0.45	0.52
Net Receivables	0.18	-0.33	-0.23	0.16	0.29	-0.1	-0.17	0.33	-0.19	0.33	0.25	-0.15	0.62	0.23	0.46	0.37		0.26	0.25	-0.3	-0.47	0.41	0.47	0.26	0.58	-0.07
Non Current Liabilities Total	0.51	-0.19	-0.32	0.51	0.02	-0.14	-0.1	-0.03	0.86	0.0	0.54	-0.33	-0.08	0.47	0.03	0.04	0.26		0.18	-0.54	-0.35	-0.1	-0.08	0.37	0.16	0.43
Non Current Assets Total	0.85	0.21	0.37	0.84	0.54	0.54	0.23	0.16	0.05	0.15	0.82	0.41	-0.35	0.86	0.19	0.94	0.25	0.18		-0.31	-0.78	0.13	-0.11	-0.31	0.4	0.68
Non Currrent Assets Other	-0.46	-0.22	-0.34	-0.47	0.04	0.57	0.49	-0.34	-0.42	-0.36	-0.54	0.17	-0.13	-0.43	-0.38	-0.3	-0.3	-0.54	-0.31		0.49	-0.19	-0.21	0.34	-0.23	-0.35
Short Term Investments	-0.78	-0.06	-0.13	-0.77	-0.52	-0.28	-0.07	-0.26	-0.07	-0.26	-0.84	0.19	0.04	-0.77	-0.32	-0.81	-0.47	-0.35	-0.78	0.49		-0.07	-0.25	0.11	-0.52	-0.41
Other Current Assets	0.09	-0.42	0.1	0.09	-0.25	-0.11	-0.13	0.63	-0.21	0.63	0.05	0.16	0.46	0.1	0.66	0.17	0.41	-0.1	0.13	-0.19	-0.07		-0.22	-0.02	-0.08	0.04
Short Term Debt	-0.26	0.08	-0.11	-0.28	0.21	-0.38	-0.27	0.18	-0.41	0.17	-0.15	-0.44	0.61	-0.19	0.22	0.05	0.47	-0.08	-0.11	-0.21	-0.25	-0.22		-0.01	0.54	-0.51
Current Deferred Revenue	-0.23	-0.83	-0.99	-0.21	-0.2	0.11	0.09	-0.02	0.21	-0.02	-0.15	-0.28	0.3	-0.27	0.02	-0.27	0.26	0.37	-0.31	0.34	0.11	-0.02	-0.01		-0.02	-0.27
Short Long Term Debt Total	0.34	0.04	0.01	0.31	0.61	0.1	0.2	0.11	-0.21	0.1	0.36	-0.07	0.21	0.46	0.19	0.45	0.58	0.16	0.4	-0.23	-0.52	-0.08	0.54	-0.02		0.22
Other Liab	0.86	0.2	0.36	0.86	0.27	0.4	0.14	-0.07	0.52	-0.05	0.79	0.42	-0.59	0.82	-0.05	0.52	-0.07	0.43	0.68	-0.35	-0.41	0.04	-0.51	-0.27	0.22

Click cells to compare fundamentals

Australian United Account Relationship Matchups

Australian United fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.4B	1.4B	1.4B	1.5B	1.6B
Other Current Liab	15.7M	66.0M	17K	(151K)	1.9M	2.0M
Total Current Liabilities	15.8M	66.1M	6.0M	1.4M	2.1M	1.9M
Total Stockholder Equity	933.2M	1.1B	1.0B	1.1B	1.2B	1.3B
Net Debt	66.4M	129.8M	160.8M	80.9M	60.6M	54.8M
Retained Earnings	141.4M	137.0M	587.1M	671.4M	176.2M	100.4M
Accounts Payable	279K	253K	6.0M	123K	125K	118.8K
Cash	18.6M	5.2M	6.7M	5.1M	16.4M	12.0M
Other Assets	224K	114K	164K	6.5M	1.5B	1.6B
Cash And Short Term Investments	18.6M	5.2M	6.7M	5.1M	16.4M	15.7M
Liabilities And Stockholders Equity	1.2B	1.4B	1.4B	1.4B	1.5B	1.6B
Other Stockholder Equity	(604.9M)	(585.2M)	(624.3M)	(489.7M)	(440.7M)	(418.7M)
Total Liab	223.2M	346.6M	347.7M	294.4M	327.5M	343.8M
Total Current Assets	21.0M	9.6M	12.2M	11.8M	22.8M	21.0M
Accumulated Other Comprehensive Income	343.4M	508.0M	423.2M	489.7M	591.5M	621.0M
Common Stock	448.4M	451.3M	454.4M	464.3M	439.1M	248.9M
Net Receivables	2.2M	4.3M	5.2M	6.2M	6.3M	5.2M
Non Current Assets Total	1.1B	1.4B	1.4B	1.4B	1.5B	776.3M
Non Currrent Assets Other	(1.1B)	(1.4B)	(27K)	(96K)	(1.5B)	(1.4B)
Other Current Assets	224.0K	114.0K	308.0K	526K	111K	105.5K
Short Term Debt	15M	65M	84K	28K	60K	57K
Current Deferred Revenue	(15.2M)	(65.1M)	(84K)	(14K)	1.4M	1.5M
Short Long Term Debt Total	85.2M	135.1M	167.5M	86M	77M	104.6M
Other Liab	137.3M	210.4M	174.2M	207.0M	238.1M	250.0M
Property Plant And Equipment Net	263K	194K	21K	11K	298K	312.9K
Property Plant And Equipment Gross	263K	205K	21K	11K	41K	70.8K
Net Tangible Assets	933.2M	1.1B	1.0B	1.1B	1.3B	1.1B
Long Term Investments	1.1B	1.4B	1.4B	1.4B	1.5B	1.4B
Short Long Term Debt	10.0M	20M	15M	65M	58.5M	58.1M
Long Term Debt Total	70.2M	70.1M	167.5M	86M	77.4M	85.8M
Net Invested Capital	1.0B	1.2B	1.2B	1.2B	1.3B	1.3B
Capital Stock	448.4M	451.3M	454.4M	464.3M	439.1M	495.6M
Property Plant Equipment	263K	194K	111K	23K	20.7K	19.7K

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 Australian Stock Analysis

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