Aumake Common Stock vs Other Current Assets Analysis

AUK Stock   0.01  0  50.00%   
Aumake financial indicator trend analysis is way more than just evaluating Aumake prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aumake is a good investment. Please check the relationship between Aumake Common Stock and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aumake. 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.

Common Stock vs Other Current Assets

Common Stock vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aumake Common Stock account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aumake's Common Stock and Other Current Assets is -0.43. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Aumake, assuming nothing else is changed. The correlation between historical values of Aumake's Common Stock and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Aumake are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock i.e., Aumake's Common Stock and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Aumake's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aumake 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 Aumake. 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 2.3 M in 2024. Discontinued Operations is likely to gain to about (20.6 M) in 2024
 2021 2022 2023 2024 (projected)
Total Revenue6.0M2.7M25.9M25.8M
Depreciation And Amortization1.3M456.6K391.1K371.6K

Aumake fundamental ratios Correlations

0.840.690.920.970.950.730.610.890.940.370.98-0.070.370.92-0.460.740.650.910.850.930.88-0.380.920.50.8
0.840.680.810.710.820.430.830.710.740.250.88-0.170.250.69-0.310.970.490.940.570.880.69-0.430.720.540.79
0.690.680.910.540.540.280.420.450.590.430.67-0.010.430.53-0.240.620.570.850.620.780.67-0.120.630.580.48
0.920.810.910.820.810.590.570.710.860.390.9-0.090.390.82-0.360.720.670.950.790.950.86-0.240.860.590.71
0.970.710.540.820.940.80.490.910.930.340.94-0.040.340.94-0.490.590.620.780.850.850.86-0.360.910.40.76
0.950.820.540.810.940.70.730.880.910.130.98-0.230.120.91-0.510.720.670.830.670.880.81-0.390.920.310.85
0.730.430.280.590.80.70.370.540.710.10.71-0.140.10.81-0.090.320.240.510.660.670.80.080.750.190.57
0.610.830.420.570.490.730.370.440.54-0.330.73-0.57-0.330.6-0.20.80.420.720.160.720.58-0.140.620.120.77
0.890.710.450.710.910.880.540.440.890.450.860.150.450.79-0.640.630.680.730.790.740.63-0.710.770.460.72
0.940.740.590.860.930.910.710.540.890.330.92-0.110.320.92-0.450.630.720.830.820.870.82-0.440.90.510.81
0.370.250.430.390.340.130.1-0.330.450.330.220.721.00.13-0.180.260.130.370.70.240.16-0.520.140.69-0.01
0.980.880.670.90.940.980.710.730.860.920.22-0.190.220.92-0.480.780.650.910.740.940.87-0.350.930.410.83
-0.07-0.17-0.01-0.09-0.04-0.23-0.14-0.570.15-0.110.72-0.190.72-0.22-0.1-0.13-0.08-0.110.27-0.17-0.25-0.44-0.210.3-0.33
0.370.250.430.390.340.120.1-0.330.450.321.00.220.720.13-0.180.260.120.360.70.240.16-0.520.140.69-0.01
0.920.690.530.820.940.910.810.60.790.920.130.92-0.220.13-0.350.550.680.760.780.870.93-0.20.920.330.84
-0.46-0.31-0.24-0.36-0.49-0.51-0.09-0.2-0.64-0.45-0.18-0.48-0.1-0.18-0.35-0.23-0.41-0.34-0.27-0.39-0.170.48-0.440.11-0.18
0.740.970.620.720.590.720.320.80.630.630.260.78-0.130.260.55-0.230.40.90.490.780.57-0.470.60.510.7
0.650.490.570.670.620.670.240.420.680.720.130.65-0.080.120.68-0.410.40.60.530.590.56-0.430.710.340.68
0.910.940.850.950.780.830.510.720.730.830.370.91-0.110.360.76-0.340.90.60.720.950.79-0.360.810.60.76
0.850.570.620.790.850.670.660.160.790.820.70.740.270.70.78-0.270.490.530.720.720.77-0.410.720.650.56
0.930.880.780.950.850.880.670.720.740.870.240.94-0.170.240.87-0.390.780.590.950.720.88-0.250.890.50.78
0.880.690.670.860.860.810.80.580.630.820.160.87-0.250.160.93-0.170.570.560.790.770.88-0.010.840.410.8
-0.38-0.43-0.12-0.24-0.36-0.390.08-0.14-0.71-0.44-0.52-0.35-0.44-0.52-0.20.48-0.47-0.43-0.36-0.41-0.25-0.01-0.2-0.47-0.36
0.920.720.630.860.910.920.750.620.770.90.140.93-0.210.140.92-0.440.60.710.810.720.890.84-0.20.270.71
0.50.540.580.590.40.310.190.120.460.510.690.410.30.690.330.110.510.340.60.650.50.41-0.470.270.48
0.80.790.480.710.760.850.570.770.720.81-0.010.83-0.33-0.010.84-0.180.70.680.760.560.780.8-0.360.710.48
Click cells to compare fundamentals

Aumake Account Relationship Matchups

Aumake fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.4M17.3M10.1M6.4M4.4M4.1M
Short Long Term Debt Total15.6M3.1M520.2K2.2M2.0M1.9M
Other Current Liab9.2M7.4M2.8M1.1M623.5K592.3K
Total Current Liabilities14.3M10.4M5.9M1.3M1.5M1.5M
Total Stockholder Equity16.0M5.4M4.1M5.1M524.7K498.5K
Property Plant And Equipment Net17.1M3.9M885.7K174.9K274.8K261.1K
Current Deferred Revenue12.4K3.6K412.0K27.7K301.6K252.3K
Net Debt7.3M(1.2M)(2.5M)(1.4M)206.7K196.3K
Retained Earnings(25.5M)(45.6M)(51.8M)(54.7M)(60.7M)(57.7M)
Accounts Payable2.5M1.3M2.2M159.1K589.3K559.8K
Cash8.2M4.3M3.0M1.4M2.0M1.9M
Non Current Assets Total34.5M10.7M5.5M4.4M512.3K486.7K
Non Currrent Assets Other1.2M1.3M27.6K25.2K187.5K178.1K
Cash And Short Term Investments8.2M4.3M3.0M1.5M2.0M1.9M
Net Receivables807.1K156.1K75.6K11.1K539.6K512.6K
Common Stock Shares Outstanding302.2M536.5M682.3M924.8M1.8B1.8B
Liabilities And Stockholders Equity45.4M17.3M10.1M6.4M4.4M4.1M
Non Current Liabilities Total78.8K15.1M1.6M61.0K2.3M3.1M
Other Current Assets91.7K464.1K78.9K43.5K106.5K101.2K
Total Liab29.4M12.0M6.0M1.3M3.8M3.6M
Total Current Assets10.9M6.7M4.6M1.9M3.9M7.0M
Accumulated Other Comprehensive Income5.5M1.9M2.1M2.4M2.2M2.5M
Short Term Debt2.6M1.7M459.2K27.7K29.4K27.9K
Intangible Assets5.7M5.4M4.5M4.2M3.8M6.0M
Common Stock36.0M49.1M53.8M57.4M59.1M47.0M
Property Plant Equipment17.1M3.9M885.7K31.3K28.2K26.8K
Other Assets1.2M1.3M77.6K75.2K67.6K64.3K
Good Will2.4M10.5M5.4M4.5M4.1M6.5M
Inventory1.7M1.8M1.4M320.5K1.2M1.5M
Net Tangible Assets(223.3K)(51.8K)(323.5K)770.2K693.2K658.5K
Other Stockholder Equity5.5M1.9M2.0M2.4M1.00.95
Net Invested Capital16.2M5.4M4.1M5.1M2.7M2.6M
Net Working Capital(3.4M)(3.7M)(1.3M)663.7K2.3M1.8M
Capital Lease Obligations129.0K15.4M3.0M520.2K598.3K568.4K
Long Term Investments1.2M1.3M77.6K75.2K203.3K193.2K

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 Aumake Stock Analysis

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