Aura Inventory vs Non Currrent Assets Other Analysis

ORA Stock  CAD 17.38  0.03  0.17%   
Aura Minerals financial indicator trend analysis is way more than just evaluating Aura Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aura Minerals is a good investment. Please check the relationship between Aura Minerals Inventory and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. 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.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aura Minerals Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Aura Minerals' Inventory and Non Currrent Assets Other is 0.17. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aura Minerals, assuming nothing else is changed. The correlation between historical values of Aura Minerals' Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Aura Minerals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Aura Minerals' Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Aura Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aura Minerals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. 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, Aura Minerals' Discontinued Operations is very stable compared to the past year. As of the 27th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Selling General Administrative is likely to drop about 15 M.

Aura Minerals fundamental ratios Correlations

0.440.48-0.210.410.57-0.130.260.470.480.35-0.240.430.430.310.440.270.28-0.020.31-0.530.170.32-0.250.00.52
0.440.47-0.250.950.82-0.230.960.60.60.910.730.940.940.920.960.820.850.180.91-0.710.910.230.690.80.88
0.480.470.10.580.520.410.470.590.570.70.20.480.480.410.580.760.760.320.59-0.610.460.660.070.250.6
-0.21-0.250.1-0.27-0.490.2-0.09-0.73-0.74-0.02-0.050.0-0.01-0.11-0.070.030.02-0.070.020.660.0-0.250.14-0.15-0.06
0.410.950.58-0.270.9-0.120.940.680.680.940.690.90.910.880.940.890.90.230.9-0.790.90.270.580.80.87
0.570.820.52-0.490.9-0.150.730.780.790.750.430.730.740.730.770.680.70.320.7-0.870.670.210.30.560.77
-0.13-0.230.410.2-0.12-0.15-0.120.10.10.07-0.16-0.12-0.12-0.17-0.050.190.150.20.0-0.06-0.070.37-0.26-0.17-0.09
0.260.960.47-0.090.940.73-0.120.490.480.950.830.960.960.930.970.890.90.150.97-0.60.990.190.760.90.85
0.470.60.59-0.730.680.780.10.490.990.570.270.420.420.470.540.560.570.250.47-0.960.420.630.040.40.52
0.480.60.57-0.740.680.790.10.480.990.560.260.410.410.460.530.560.560.250.46-0.970.410.640.020.390.52
0.350.910.7-0.020.940.750.070.950.570.560.720.920.930.880.970.980.990.210.97-0.670.940.390.620.810.88
-0.240.730.2-0.050.690.43-0.160.830.270.260.720.680.680.730.690.690.710.280.8-0.330.850.060.910.810.52
0.430.940.480.00.90.73-0.120.960.420.410.920.681.00.920.980.840.850.070.94-0.540.950.120.660.830.89
0.430.940.48-0.010.910.74-0.120.960.420.410.930.681.00.930.980.840.850.060.94-0.540.950.120.660.830.89
0.310.920.41-0.110.880.73-0.170.930.470.460.880.730.920.930.940.790.810.030.87-0.540.910.130.710.850.83
0.440.960.58-0.070.940.77-0.050.970.540.530.970.690.980.980.940.90.910.110.96-0.650.950.280.630.840.9
0.270.820.760.030.890.680.190.890.560.560.980.690.840.840.790.90.990.210.92-0.650.890.480.560.770.79
0.280.850.760.020.90.70.150.90.570.560.990.710.850.850.810.910.990.270.94-0.660.90.450.590.760.82
-0.020.180.32-0.070.230.320.20.150.250.250.210.280.070.060.030.110.210.270.24-0.340.140.00.21-0.130.24
0.310.910.590.020.90.70.00.970.470.460.970.80.940.940.870.960.920.940.24-0.570.970.280.70.810.82
-0.53-0.71-0.610.66-0.79-0.87-0.06-0.6-0.96-0.97-0.67-0.33-0.54-0.54-0.54-0.65-0.65-0.66-0.34-0.57-0.52-0.57-0.13-0.46-0.67
0.170.910.460.00.90.67-0.070.990.420.410.940.850.950.950.910.950.890.90.140.97-0.520.160.780.910.81
0.320.230.66-0.250.270.210.370.190.630.640.390.060.120.120.130.280.480.450.00.28-0.570.16-0.180.170.23
-0.250.690.070.140.580.3-0.260.760.040.020.620.910.660.660.710.630.560.590.210.7-0.130.78-0.180.720.53
0.00.80.25-0.150.80.56-0.170.90.40.390.810.810.830.830.850.840.770.76-0.130.81-0.460.910.170.720.66
0.520.880.6-0.060.870.77-0.090.850.520.520.880.520.890.890.830.90.790.820.240.82-0.670.810.230.530.66
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Aura Minerals Account Relationship Matchups

Aura Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab26.8M63.8M83.4M25.1M25.0M20.4M
Total Current Liabilities87.4M120.7M146.6M161.1M201.5M211.6M
Total Stockholder Equity195.6M312.7M272.3M310.1M314.8M160.4M
Retained Earnings(434.5M)(366.0M)(408.1M)(361.9M)(401.5M)(381.4M)
Accounts Payable34.6M38.3M39.6M46.9M57.4M60.3M
Common Stock Shares Outstanding65.9M69.1M72.5M72.6M72.6M76.2M
Other Stockholder Equity55.4M55.9M55.0M55.3M55.5M52.7M
Total Liab154.9M223.5M320.2M417.2M609.0M639.5M
Common Stock Total Equity548.2M569.1M569.3M618.1M710.8M550.9M
Common Stock569.3M618.1M621.1M612.0M655.6M583.6M
Total Assets350.5M536.2M592.5M727.3M923.8M970.0M
Net Debt4.1M(44.4M)(2.3M)125.4M134.9M141.7M
Cash38.9M117.8M161.5M127.9M237.3M249.2M
Cash And Short Term Investments38.9M117.8M161.5M127.9M237.3M249.2M
Liabilities And Stockholders Equity350.5M536.2M592.5M727.3M923.8M970.0M
Other Current Assets6.4M49.6M44.5M55.4M89.7M94.2M
Total Current Assets110.2M217.4M272.5M247.6M378.9M397.9M
Property Plant And Equipment Net212.5M271.2M285.8M378.5M488.7M513.2M
Non Current Assets Total240.3M318.8M320.0M479.7M544.9M572.1M
Net Receivables31.5M3.5M8.8M54.5M5.3M5.0M
Property Plant And Equipment Gross212.5M271.2M674.5M786.1M944.8M992.0M
Accumulated Other Comprehensive Income5.4M4.8M4.2M4.7M5.2M5.4M
Short Term Investments849K1.1M1.1M474K426.6K405.3K
Non Current Liabilities Total67.5M102.8M173.6M256.0M407.5M427.9M
Inventory33.5M46.5M56.6M43.0M46.7M44.5M
Short Term Debt22.1M1.9M632K85.6M96.8M101.7M
Non Currrent Assets Other9.8M10.2M13.3M15.7M56.2M59.0M
Other Assets27.8M47.7M34.2M41.2M47.4M49.8M
Short Long Term Debt Total43.5M73.4M159.1M253.3M372.2M390.9M
Current Deferred Revenue3.9M13.0M5.2M4.9M5.6M5.4M
Other Liab46.1M59.8M70.5M88.3M101.6M52.7M
Net Tangible Assets195.6M312.7M272.3M310.1M356.6M189.1M
Property Plant Equipment212.5M271.2M285.8M378.5M435.3M457.1M
Long Term Debt20.9M41.9M99.9M140.8M250.7M263.3M
Long Term Debt Total21.4M43.0M100.3M167.7M192.9M202.5M
Capital Surpluse55.4M55.9M55.0M55.3M63.6M60.6M
Non Current Liabilities Other744K560K1.0M(1K)(900.0)(855.0)
Cash And Equivalents38.9M117.8M161.5M127.9M147.1M75.3M
Net Invested Capital216.5M354.7M372.1M451.0M565.5M357.6M

Other Information on Investing in Aura Stock

Balance Sheet is a snapshot of the financial position of Aura Minerals at a specified time, usually calculated after every quarter, six months, or one year. Aura Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aura Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Aura currently owns. An asset can also be divided into two categories, current and non-current.