Austin Capex To Depreciation vs Cash Per Share Analysis

AUST Stock  USD 2.05  0.02  0.97%   
Austin Gold financial indicator trend analysis is way more than just evaluating Austin Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Austin Gold Corp is a good investment. Please check the relationship between Austin Gold Capex To Depreciation and its Cash Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austin Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Capex To Depreciation vs Cash Per Share

Capex To Depreciation vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austin Gold Corp Capex To Depreciation account and Cash Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Austin Gold's Capex To Depreciation and Cash Per Share is 0.64. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Austin Gold Corp, assuming nothing else is changed. The correlation between historical values of Austin Gold's Capex To Depreciation and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Austin Gold Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Capex To Depreciation i.e., Austin Gold's Capex To Depreciation and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Cash Per Share

Most indicators from Austin Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austin Gold Corp 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 Austin Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Tax Provision is likely to gain to 162.75 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses283.6K1.7M3.0M1.8M
Cost Of Revenue768.62527.0354.0420.26

Austin Gold fundamental ratios Correlations

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Austin Gold Account Relationship Matchups

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