Aumake Other Assets vs Intangible Assets Analysis

AUK Stock   0.01  0  16.67%   
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 Other Assets and its Intangible 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.

Other Assets vs Intangible Assets

Other Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aumake Other Assets account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aumake's Other Assets and Intangible Assets is 0.41. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Intangible 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 Other Assets and Intangible 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 Other Assets of Aumake are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Assets i.e., Aumake's Other Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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

0.840.690.920.970.950.730.610.890.940.370.98-0.060.370.92-0.460.740.650.910.850.930.88-0.380.920.50.8
0.840.680.810.710.820.430.830.710.740.250.88-0.160.240.69-0.310.970.490.940.570.880.69-0.430.720.540.79
0.690.680.910.540.540.280.420.450.590.430.670.00.430.53-0.240.620.580.850.620.780.67-0.120.630.580.48
0.920.810.910.820.810.590.570.710.860.390.9-0.080.380.82-0.360.720.680.950.790.950.86-0.240.860.590.71
0.970.710.540.820.940.80.490.910.930.340.94-0.030.340.94-0.490.590.630.780.850.850.86-0.360.910.40.76
0.950.820.540.810.940.70.730.880.910.130.98-0.220.120.91-0.510.720.680.830.670.880.81-0.390.920.310.85
0.730.430.280.590.80.70.370.540.710.10.71-0.140.10.81-0.090.320.230.510.660.670.80.080.750.190.57
0.610.830.420.570.490.730.370.440.54-0.330.73-0.57-0.330.6-0.20.80.410.720.160.720.58-0.140.620.120.77
0.890.710.450.710.910.880.540.440.890.450.860.170.450.79-0.640.630.690.730.790.740.63-0.710.770.460.72
0.940.740.590.860.930.910.710.540.890.330.92-0.10.320.92-0.450.630.730.830.820.870.82-0.440.90.510.81
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
0.980.880.670.90.940.980.710.730.860.920.22-0.180.220.92-0.480.780.650.910.740.940.87-0.350.930.410.83
-0.06-0.160.0-0.08-0.03-0.22-0.14-0.570.17-0.10.72-0.180.72-0.22-0.14-0.13-0.06-0.10.28-0.16-0.24-0.45-0.20.3-0.33
0.370.240.430.380.340.120.1-0.330.450.321.00.220.720.13-0.180.260.130.360.70.240.16-0.520.140.69-0.01
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
-0.46-0.31-0.24-0.36-0.49-0.51-0.09-0.2-0.64-0.45-0.18-0.48-0.14-0.18-0.35-0.23-0.43-0.34-0.27-0.39-0.170.48-0.440.11-0.18
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
0.650.490.580.680.630.680.230.410.690.730.130.65-0.060.130.68-0.430.40.610.530.590.56-0.440.710.340.67
0.910.940.850.950.780.830.510.720.730.830.370.91-0.10.360.76-0.340.90.610.720.950.79-0.360.810.60.76
0.850.570.620.790.850.670.660.160.790.820.70.740.280.70.78-0.270.490.530.720.720.77-0.410.720.650.56
0.930.880.780.950.850.880.670.720.740.870.240.94-0.160.240.87-0.390.780.590.950.720.88-0.250.890.50.78
0.880.690.670.860.860.810.80.580.630.820.160.87-0.240.160.93-0.170.570.560.790.770.88-0.010.840.410.8
-0.38-0.43-0.12-0.24-0.36-0.390.08-0.14-0.71-0.44-0.52-0.35-0.45-0.52-0.20.48-0.47-0.44-0.36-0.41-0.25-0.01-0.2-0.47-0.36
0.920.720.630.860.910.920.750.620.770.90.140.93-0.20.140.92-0.440.60.710.810.720.890.84-0.20.270.71
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
0.80.790.480.710.760.850.570.770.720.81-0.010.83-0.33-0.010.84-0.180.70.670.760.560.780.8-0.360.710.48
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 Other1.2M1.3M27.6K25.2K34.2K32.5K
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 Assets91.7K464.1K78.9K43.5K61.3K58.2K
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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