Aztec Change To Liabilities vs Sale Purchase Of Stock Analysis

AZT Stock  CAD 0.21  0.01  5.00%   
Aztec Minerals financial indicator trend analysis is way more than just evaluating Aztec Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aztec Minerals Corp is a good investment. Please check the relationship between Aztec Minerals Change To Liabilities and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aztec Minerals 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 board of governors.

Change To Liabilities vs Sale Purchase Of Stock

Change To Liabilities vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aztec Minerals Corp Change To Liabilities account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Aztec Minerals' Change To Liabilities and Sale Purchase Of Stock is -0.93. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Aztec Minerals Corp, assuming nothing else is changed. The correlation between historical values of Aztec Minerals' Change To Liabilities and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Aztec Minerals Corp are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change To Liabilities i.e., Aztec Minerals' Change To Liabilities and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Liabilities

Sale Purchase Of Stock

Most indicators from Aztec Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aztec Minerals 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 Aztec Minerals 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 board of governors.
Selling General Administrative is likely to climb to about 1.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.4M1.7M1.9M1.4M
Cost Of Revenue1.7K1.5K848.0805.6

Aztec Minerals fundamental ratios Correlations

0.920.840.990.97-0.950.950.350.90.70.840.540.970.920.970.970.93-0.550.960.930.93-0.44
0.920.670.90.98-0.890.820.450.790.710.670.620.980.890.840.910.72-0.620.80.750.75-0.32
0.840.670.840.73-0.920.760.10.980.491.00.320.730.890.880.790.87-0.60.90.930.93-0.84
0.990.90.840.94-0.940.920.310.90.640.840.490.950.90.970.940.94-0.570.970.950.95-0.45
0.970.980.730.94-0.910.90.480.820.750.730.650.990.90.90.950.81-0.540.870.820.82-0.34
-0.95-0.89-0.92-0.94-0.91-0.86-0.27-0.98-0.68-0.92-0.5-0.92-0.99-0.93-0.92-0.860.67-0.93-0.91-0.910.66
0.950.820.760.920.9-0.860.270.80.70.760.470.920.840.960.970.92-0.360.940.90.91-0.31
0.350.450.10.310.48-0.270.270.150.380.10.960.410.250.220.280.160.240.190.110.110.08
0.90.790.980.90.82-0.980.80.150.60.980.380.830.960.910.850.86-0.70.920.920.92-0.77
0.70.710.490.640.75-0.680.70.380.60.490.590.750.740.610.720.51-0.360.590.530.53-0.16
0.840.671.00.840.73-0.920.760.10.980.490.320.730.890.880.790.87-0.60.90.930.93-0.84
0.540.620.320.490.65-0.50.470.960.380.590.320.60.50.420.490.340.050.390.310.31-0.11
0.970.980.730.950.99-0.920.920.410.830.750.730.60.920.920.970.82-0.550.890.830.83-0.33
0.920.890.890.90.9-0.990.840.250.960.740.890.50.920.90.910.8-0.690.890.860.86-0.64
0.970.840.880.970.9-0.930.960.220.910.610.880.420.920.90.960.97-0.51.00.970.97-0.49
0.970.910.790.940.95-0.920.970.280.850.720.790.490.970.910.960.89-0.50.940.890.89-0.38
0.930.720.870.940.81-0.860.920.160.860.510.870.340.820.80.970.89-0.420.990.980.98-0.48
-0.55-0.62-0.6-0.57-0.540.67-0.360.24-0.7-0.36-0.60.05-0.55-0.69-0.5-0.5-0.42-0.51-0.54-0.540.59
0.960.80.90.970.87-0.930.940.190.920.590.90.390.890.891.00.940.99-0.510.990.99-0.52
0.930.750.930.950.82-0.910.90.110.920.530.930.310.830.860.970.890.98-0.540.991.0-0.6
0.930.750.930.950.82-0.910.910.110.920.530.930.310.830.860.970.890.98-0.540.991.0-0.6
-0.44-0.32-0.84-0.45-0.340.66-0.310.08-0.77-0.16-0.84-0.11-0.33-0.64-0.49-0.38-0.480.59-0.52-0.6-0.6
Click cells to compare fundamentals

Aztec Minerals Account Relationship Matchups

Aztec Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0M6.1M8.2M11.0M12.5M6.7M
Other Current Liab2.2K2.5K2.2K3.3K3.8K2.4K
Total Current Liabilities97.5K147.4K219.1K324.4K455.5K478.3K
Total Stockholder Equity2.9M5.0M6.3M10.7M12.0M6.1M
Net Tangible Assets2.9M2.9M5.0M6.3M7.2M4.0M
Retained Earnings(3.1M)(5.7M)(7.0M)(9.0M)(10.5M)(10.0M)
Accounts Payable78.4K95.3K144.1K219.1K252.0K131.4K
Cash49.8K1.9M1.6M1.5M485.6K934.5K
Non Current Assets Total2.9M4.0M5.9M9.1M11.6M12.2M
Net Receivables115.2K38.1K455.9K304.5K106.2K169.5K
Total Liab97.5K147.4K219.1K324.4K455.5K478.3K
Total Current Assets165.0K2.1M2.4M1.9M830.9K1.6M
Common Stock4.8M5.2M9.4M11.7M13.5M6.8M
Property Plant Equipment2.2M2.9M4.0M5.7M6.6M6.9M
Common Stock Shares Outstanding32.7M55.8M65.0M90.1M101.6M63.1M
Other Stockholder Equity893.7K798.7K1.3M1.6M1.8M1.1M
Net Invested Capital2.9M5.0M6.3M10.7M12.0M6.8M
Net Working Capital67.5K2.0M2.1M1.6M375.5K356.7K
Capital Stock5.2M9.4M11.7M18.4M20.9M12.9M

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