American Total Operating Expenses vs Selling General Administrative 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 Total Operating Expenses and its Selling General Administrative 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.
Total Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American West Metals Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between American West's Total Operating Expenses and Selling General Administrative is 0.93. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative 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 Total Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of American West Metals are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., American West's Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Selling General Administrative
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 Amortization | 10.5M | 12.6M | 67.9K | 64.6K | Interest Income | 1.7K | 13.4K | 15.4K | 16.2K |
American West fundamental ratios Correlations
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American West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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