Aztec Sale Purchase Of Stock vs Free Cash Flow 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 Sale Purchase Of Stock and its Free Cash Flow 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.

Sale Purchase Of Stock vs Free Cash Flow

Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aztec Minerals Corp Sale Purchase Of Stock account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aztec Minerals' Sale Purchase Of Stock and Free Cash Flow is -0.51. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow 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' Sale Purchase Of Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Aztec Minerals Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., Aztec Minerals' Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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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