Aumake Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aumake Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aumake's Property Plant And Equipment Net and Total Current Liabilities is 0.81. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Aumake, assuming nothing else is changed. The correlation between historical values of Aumake's Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Aumake are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Aumake's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Aumake balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aumake are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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