American Selling And Marketing Expenses vs Other Operating Expenses Analysis

AW1 Stock   0.07  0  1.56%   
American West financial indicator trend analysis is way more than just evaluating American West Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American West Metals is a good investment. Please check the relationship between American West Selling And Marketing Expenses and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American West Metals. 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 And Marketing Expenses vs Other Operating Expenses

Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American West Metals Selling And Marketing Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between American West's Selling And Marketing Expenses and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of American West Metals, assuming nothing else is changed. The correlation between historical values of American West's Selling And Marketing Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of American West Metals are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling And Marketing Expenses i.e., American West's Selling And Marketing Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling And Marketing Expenses

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American West Metals. It is also known as American West overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from American West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American West Metals 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 American West Metals. 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 2.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 14.1 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization10.5M12.6M67.9K64.6K
Interest Income1.7K13.4K15.4K16.2K

American West fundamental ratios Correlations

0.850.950.41-0.08-0.95-0.950.870.990.990.890.970.840.010.951.00.990.990.970.950.950.990.950.80.8-0.62
0.850.80.57-0.06-0.96-0.950.680.880.880.640.890.54-0.010.80.850.790.870.80.910.90.830.90.930.93-0.93
0.950.80.16-0.35-0.93-0.950.970.960.960.80.930.830.291.00.960.980.970.910.890.890.910.890.690.69-0.59
0.410.570.160.77-0.47-0.40.010.380.380.510.390.25-0.820.160.410.270.320.490.570.560.510.560.610.61-0.62
-0.08-0.06-0.350.770.130.2-0.43-0.16-0.160.23-0.160.01-1.0-0.35-0.08-0.2-0.220.060.060.060.050.060.020.02-0.03
-0.95-0.96-0.93-0.470.131.0-0.84-0.96-0.96-0.79-0.95-0.74-0.06-0.93-0.95-0.92-0.96-0.92-0.97-0.97-0.93-0.97-0.86-0.860.83
-0.95-0.95-0.95-0.40.21.0-0.87-0.96-0.96-0.77-0.95-0.74-0.13-0.95-0.95-0.92-0.96-0.91-0.96-0.95-0.91-0.95-0.84-0.840.81
0.870.680.970.01-0.43-0.84-0.870.860.860.770.810.880.380.970.870.910.890.860.820.830.810.830.50.5-0.49
0.990.880.960.38-0.16-0.96-0.960.861.00.830.990.770.090.960.990.981.00.930.930.930.970.930.850.85-0.66
0.990.880.960.38-0.16-0.96-0.960.861.00.830.990.760.090.960.990.981.00.930.930.930.970.930.850.85-0.66
0.890.640.80.510.23-0.79-0.770.770.830.830.770.95-0.280.80.90.860.810.970.890.90.920.90.540.54-0.46
0.970.890.930.39-0.16-0.95-0.950.810.990.990.770.690.090.930.970.960.990.890.90.90.960.90.890.89-0.66
0.840.540.830.250.01-0.74-0.740.880.770.760.950.69-0.040.830.840.840.770.920.830.850.830.850.360.36-0.37
0.01-0.010.29-0.82-1.0-0.06-0.130.380.090.09-0.280.09-0.040.290.020.140.15-0.12-0.12-0.12-0.12-0.12-0.09-0.090.09
0.950.81.00.16-0.35-0.93-0.950.970.960.960.80.930.830.290.960.980.970.910.890.890.910.890.690.69-0.59
1.00.850.960.41-0.08-0.95-0.950.870.990.990.90.970.840.020.960.990.990.970.950.950.990.950.790.79-0.62
0.990.790.980.27-0.2-0.92-0.920.910.980.980.860.960.840.140.980.990.990.940.90.90.960.90.740.74-0.54
0.990.870.970.32-0.22-0.96-0.960.891.01.00.810.990.770.150.970.990.990.920.920.920.960.920.830.83-0.64
0.970.80.910.490.06-0.92-0.910.860.930.930.970.890.92-0.120.910.970.940.920.970.980.970.980.70.7-0.62
0.950.910.890.570.06-0.97-0.960.820.930.930.890.90.83-0.120.890.950.90.920.971.00.951.00.790.79-0.79
0.950.90.890.560.06-0.97-0.950.830.930.930.90.90.85-0.120.890.950.90.920.981.00.951.00.780.78-0.77
0.990.830.910.510.05-0.93-0.910.810.970.970.920.960.83-0.120.910.990.960.960.970.950.950.950.810.81-0.61
0.950.90.890.560.06-0.97-0.950.830.930.930.90.90.85-0.120.890.950.90.920.981.01.00.950.780.78-0.77
0.80.930.690.610.02-0.86-0.840.50.850.850.540.890.36-0.090.690.790.740.830.70.790.780.810.781.0-0.8
0.80.930.690.610.02-0.86-0.840.50.850.850.540.890.36-0.090.690.790.740.830.70.790.780.810.781.0-0.8
-0.62-0.93-0.59-0.62-0.030.830.81-0.49-0.66-0.66-0.46-0.66-0.370.09-0.59-0.62-0.54-0.64-0.62-0.79-0.77-0.61-0.77-0.8-0.8
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American West Account Relationship Matchups

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