Aumake Non Currrent Assets Other vs Non Current Assets Total 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 Non Currrent Assets Other and its Non Current Assets Total 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.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aumake Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aumake's Non Currrent Assets Other and Non Current Assets Total is -0.19. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Aumake, assuming nothing else is changed. The correlation between historical values of Aumake's Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Aumake are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Aumake's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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
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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

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