Arizona Deferred Long Term Liab vs Accounts Payable Analysis

AZS Stock  CAD 0.43  0.01  2.38%   
Arizona Gold financial indicator trend analysis is way more than just evaluating Arizona Gold Silver prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arizona Gold Silver is a good investment. Please check the relationship between Arizona Gold Deferred Long Term Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Gold Silver. 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.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arizona Gold Silver Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Arizona Gold's Deferred Long Term Liab and Accounts Payable is -0.08. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Arizona Gold Silver, assuming nothing else is changed. The correlation between historical values of Arizona Gold's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Arizona Gold Silver are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Arizona Gold's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents Arizona Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Arizona Gold Silver are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Arizona Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arizona Gold Silver 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 Arizona Gold Silver. 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.
At this time, Arizona Gold's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 24 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.1 M in 2024.

Arizona Gold fundamental ratios Correlations

0.00.251.00.31-0.980.37-0.22-0.220.050.99-0.710.25-0.020.991.01.0-0.230.3-0.650.9-0.650.850.88-0.750.89
0.00.81-0.030.050.0-0.1-0.04-0.04-0.21-0.03-0.230.81-0.06-0.05-0.010.00.03-0.05-0.070.04-0.070.010.050.010.01
0.250.810.220.15-0.30.48-0.1-0.10.130.26-0.181.0-0.050.210.250.250.220.22-0.140.26-0.140.180.23-0.370.24
1.0-0.030.220.31-0.980.36-0.21-0.210.050.99-0.710.22-0.020.991.01.0-0.240.29-0.650.9-0.650.850.88-0.740.89
0.310.050.150.31-0.330.0-0.99-0.990.030.32-0.020.15-0.950.260.330.39-0.26-0.19-0.410.38-0.410.240.31-0.650.32
-0.980.0-0.3-0.98-0.33-0.440.250.25-0.09-0.980.72-0.30.05-0.98-0.98-0.980.18-0.320.52-0.930.52-0.87-0.90.77-0.92
0.37-0.10.480.360.0-0.440.060.060.550.44-0.010.480.160.390.380.360.40.56-0.080.28-0.080.250.22-0.520.3
-0.22-0.04-0.1-0.21-0.990.250.061.0-0.04-0.23-0.03-0.10.98-0.17-0.24-0.290.270.220.33-0.30.33-0.18-0.240.59-0.25
-0.22-0.04-0.1-0.21-0.990.250.061.0-0.04-0.23-0.03-0.10.98-0.17-0.24-0.290.270.220.33-0.30.33-0.18-0.240.59-0.25
0.05-0.210.130.050.03-0.090.55-0.04-0.040.150.10.130.040.110.050.05-0.010.020.2-0.050.2-0.01-0.15-0.490.01
0.99-0.030.260.990.32-0.980.44-0.23-0.230.15-0.70.26-0.030.990.990.99-0.210.34-0.620.89-0.620.850.86-0.790.89
-0.71-0.23-0.18-0.71-0.020.72-0.01-0.03-0.030.1-0.7-0.18-0.17-0.72-0.7-0.690.16-0.270.35-0.670.35-0.67-0.690.34-0.69
0.250.811.00.220.15-0.30.48-0.1-0.10.130.26-0.18-0.050.210.250.250.220.22-0.140.26-0.140.180.23-0.370.24
-0.02-0.06-0.05-0.02-0.950.050.160.980.980.04-0.03-0.17-0.050.04-0.05-0.10.230.320.25-0.120.250.02-0.070.43-0.06
0.99-0.050.210.990.26-0.980.39-0.17-0.170.110.99-0.720.210.040.990.99-0.250.32-0.60.89-0.60.870.87-0.730.9
1.0-0.010.251.00.33-0.980.38-0.24-0.240.050.99-0.70.25-0.050.991.0-0.230.3-0.660.9-0.660.840.88-0.750.89
1.00.00.251.00.39-0.980.36-0.29-0.290.050.99-0.690.25-0.10.991.0-0.250.27-0.670.9-0.670.840.88-0.780.89
-0.230.030.22-0.24-0.260.180.40.270.27-0.01-0.210.160.220.23-0.25-0.23-0.250.60.14-0.240.14-0.2-0.220.22-0.27
0.3-0.050.220.29-0.19-0.320.560.220.220.020.34-0.270.220.320.320.30.270.6-0.180.22-0.180.410.24-0.040.27
-0.65-0.07-0.14-0.65-0.410.52-0.080.330.330.2-0.620.35-0.140.25-0.6-0.66-0.670.14-0.18-0.391.0-0.32-0.380.48-0.33
0.90.040.260.90.38-0.930.28-0.3-0.3-0.050.89-0.670.26-0.120.890.90.9-0.240.22-0.39-0.390.930.99-0.670.99
-0.65-0.07-0.14-0.65-0.410.52-0.080.330.330.2-0.620.35-0.140.25-0.6-0.66-0.670.14-0.181.0-0.39-0.32-0.380.48-0.33
0.850.010.180.850.24-0.870.25-0.18-0.18-0.010.85-0.670.180.020.870.840.84-0.20.41-0.320.93-0.320.94-0.530.96
0.880.050.230.880.31-0.90.22-0.24-0.24-0.150.86-0.690.23-0.070.870.880.88-0.220.24-0.380.99-0.380.94-0.580.98
-0.750.01-0.37-0.74-0.650.77-0.520.590.59-0.49-0.790.34-0.370.43-0.73-0.75-0.780.22-0.040.48-0.670.48-0.53-0.58-0.65
0.890.010.240.890.32-0.920.3-0.25-0.250.010.89-0.690.24-0.060.90.890.89-0.270.27-0.330.99-0.330.960.98-0.65
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Arizona Gold Account Relationship Matchups

Arizona Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M6.0M7.1M8.4M9.6M10.1M
Other Current Liab15.3K32.8K27K85.8K98.7K63.1K
Total Current Liabilities139.7K129.8K46.8K187.2K215.3K128.4K
Total Stockholder Equity4.3M5.8M7.0M8.2M9.4M9.9M
Net Debt(824.0K)(591.9K)(223.8K)58.0K66.7K70.1K
Retained Earnings(3.2M)(3.7M)(4.3M)(5.9M)(5.3M)(5.0M)
Accounts Payable124.4K97.0K19.8K58.8K67.7K55.6K
Cash824.0K591.9K223.8K43.3K49.8K47.4K
Cash And Short Term Investments824.0K591.9K223.8K43.3K49.8K47.4K
Net Receivables18.1K37.3K28.4K7.5K8.6K8.2K
Common Stock Shares Outstanding43.1M56.3M62.1M68.6M78.9M82.8M
Liabilities And Stockholders Equity4.4M6.0M7.1M8.4M9.6M10.1M
Other Stockholder Equity65.0K683.0K(10K)(1.0)(0.9)(0.85)
Total Liab139.7K129.8K46.8K187.2K215.3K128.4K
Total Current Assets877.2K765.9K386.1K168.0K193.3K183.6K
Accumulated Other Comprehensive Income1.4M1.5M1.7M2.4M2.8M2.9M
Net Tangible Assets2.4M4.3M5.8M7.0M8.1M8.5M
Common Stock6.1M8.0M9.6M11.6M13.4M14.0M
Non Current Assets Total3.6M5.2M6.7M8.2M9.4M9.9M
Non Currrent Assets Other46.5K57.4K(10K)33.2K29.9K25.4K
Other Assets38.8K46.5K57.4K32.2K37.0K41.4K
Property Plant And Equipment Net3.5M5.2M6.6M8.1M9.4M4.7M
Other Current Assets35.0K136.8K133.8K117.2K134.8K74.1K
Net Invested Capital4.3M5.8M7.0M8.3M9.5M5.2M
Net Working Capital737.5K636.1K339.2K(19.2K)(17.2K)(16.4K)
Property Plant Equipment2.5M3.5M5.2M6.6M7.6M4.0M
Capital Stock6.1M8.0M9.6M11.6M13.4M7.8M

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