Arizona Selling General Administrative vs Property Plant Equipment Analysis

AZS Stock  CAD 0.44  0.01  2.33%   
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 Selling General Administrative and its Property Plant Equipment 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.

Selling General Administrative vs Property Plant Equipment

Selling General Administrative vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arizona Gold Silver Selling General Administrative account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Arizona Gold's Selling General Administrative and Property Plant Equipment is 0.72. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment 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 Selling General Administrative and Property Plant Equipment 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 General Administrative of Arizona Gold Silver are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., Arizona Gold's Selling General Administrative and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Property Plant Equipment

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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