WA1 Other Current Assets vs Property Plant Equipment Analysis

WA1 Stock

16.05 0.94 5.53%

WA1 Resources financial indicator trend analysis is more than just analyzing WA1 Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WA1 Resources is a good investment. Please check the relationship between WA1 Resources Other Current Assets and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WA1 Resources. 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.

Other Current Assets vs Property Plant Equipment

Other Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WA1 Resources Other Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.

The correlation between WA1 Resources' Other Current Assets and Property Plant Equipment is 0.75. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of WA1 Resources, assuming nothing else is changed. The correlation between historical values of WA1 Resources' Other Current Assets 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 Other Current Assets of WA1 Resources 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 Other Current Assets i.e., WA1 Resources' Other Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant Equipment

Most indicators from WA1 Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WA1 Resources 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in WA1 Resources. 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 gain to about 3.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 29.5 M in 2024.

	2010	2022	2023	2024 (projected)
Interest Income	28.0	1.2M	1.4M	1.5M
Net Interest Income	28.0	1.2M	1.4M	1.5M

Interest Income Net Interest Income

WA1 Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Inventory	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital
Total Assets		0.85	0.98	1.0	0.94	1.0	-1.0	-0.99	0.98	1.0	1.0	-0.92	1.0	0.82	0.2	0.51	0.98	1.0	1.0	0.94	0.92	0.06	0.92	1.0	0.92	0.93
Other Current Liab	0.85		0.91	0.85	0.9	0.84	-0.87	-0.9	0.9	0.85	0.84	-0.61	0.86	0.96	0.34	0.6	0.91	0.86	0.85	0.91	0.84	0.37	0.95	0.84	0.95	0.96
Total Current Liabilities	0.98	0.91		0.98	0.98	0.96	-0.98	-0.99	1.0	0.98	0.96	-0.86	0.98	0.9	0.22	0.64	1.0	0.98	0.98	0.99	0.86	0.26	0.91	0.96	0.91	0.92
Total Stockholder Equity	1.0	0.85	0.98		0.93	1.0	-1.0	-0.99	0.98	1.0	1.0	-0.93	1.0	0.81	0.2	0.5	0.98	1.0	1.0	0.94	0.92	0.05	0.92	1.0	0.92	0.93
Net Tangible Assets	0.94	0.9	0.98	0.93		0.91	-0.94	-0.97	0.98	0.94	0.91	-0.79	0.95	0.94	0.07	0.77	0.98	0.95	0.93	1.0	0.79	0.4	0.87	0.91	0.87	0.89
Property Plant And Equipment Net	1.0	0.84	0.96	1.0	0.91		-1.0	-0.98	0.97	1.0	1.0	-0.94	1.0	0.78	0.23	0.45	0.96	0.99	1.0	0.92	0.93	0.0	0.92	1.0	0.92	0.92
Net Debt	-1.0	-0.87	-0.98	-1.0	-0.94	-1.0		1.0	-0.98	-1.0	-1.0	0.9	-1.0	-0.83	-0.19	-0.51	-0.98	-1.0	-1.0	-0.94	-0.93	-0.06	-0.94	-0.99	-0.94	-0.94
Retained Earnings	-0.99	-0.9	-0.99	-0.99	-0.97	-0.98	1.0		-0.99	-0.99	-0.98	0.88	-1.0	-0.88	-0.16	-0.58	-0.99	-1.0	-0.99	-0.97	-0.91	-0.16	-0.94	-0.98	-0.94	-0.94
Accounts Payable	0.98	0.9	1.0	0.98	0.98	0.97	-0.98	-0.99		0.98	0.97	-0.86	0.98	0.9	0.18	0.65	1.0	0.99	0.98	0.99	0.86	0.25	0.91	0.96	0.91	0.92
Cash	1.0	0.85	0.98	1.0	0.94	1.0	-1.0	-0.99	0.98		1.0	-0.93	1.0	0.81	0.19	0.51	0.98	1.0	1.0	0.94	0.92	0.05	0.92	1.0	0.92	0.93
Non Current Assets Total	1.0	0.84	0.96	1.0	0.91	1.0	-1.0	-0.98	0.97	1.0		-0.94	1.0	0.78	0.23	0.45	0.96	0.99	1.0	0.92	0.93	0.0	0.92	1.0	0.92	0.92
Non Currrent Assets Other	-0.92	-0.61	-0.86	-0.93	-0.79	-0.94	0.9	0.88	-0.86	-0.93	-0.94		-0.92	-0.56	-0.19	-0.33	-0.86	-0.92	-0.93	-0.79	-0.8	0.16	-0.73	-0.94	-0.73	-0.73
Cash And Short Term Investments	1.0	0.86	0.98	1.0	0.95	1.0	-1.0	-1.0	0.98	1.0	1.0	-0.92		0.83	0.18	0.53	0.98	1.0	1.0	0.95	0.91	0.08	0.92	0.99	0.92	0.93
Net Receivables	0.82	0.96	0.9	0.81	0.94	0.78	-0.83	-0.88	0.9	0.81	0.78	-0.56	0.83		0.13	0.8	0.9	0.83	0.81	0.94	0.72	0.57	0.87	0.78	0.87	0.88
Common Stock Shares Outstanding	0.2	0.34	0.22	0.2	0.07	0.23	-0.19	-0.16	0.18	0.19	0.23	-0.19	0.18	0.13		-0.32	0.22	0.18	0.19	0.13	0.32	-0.14	0.29	0.25	0.29	0.28
Other Current Assets	0.51	0.6	0.64	0.5	0.77	0.45	-0.51	-0.58	0.65	0.51	0.45	-0.33	0.53	0.8	-0.32		0.64	0.54	0.5	0.75	0.24	0.83	0.43	0.44	0.43	0.46
Total Liab	0.98	0.91	1.0	0.98	0.98	0.96	-0.98	-0.99	1.0	0.98	0.96	-0.86	0.98	0.9	0.22	0.64		0.98	0.98	0.99	0.86	0.26	0.91	0.96	0.91	0.92
Total Current Assets	1.0	0.86	0.98	1.0	0.95	0.99	-1.0	-1.0	0.99	1.0	0.99	-0.92	1.0	0.83	0.18	0.54	0.98		1.0	0.95	0.91	0.09	0.92	0.99	0.92	0.93
Common Stock	1.0	0.85	0.98	1.0	0.93	1.0	-1.0	-0.99	0.98	1.0	1.0	-0.93	1.0	0.81	0.19	0.5	0.98	1.0		0.94	0.92	0.05	0.92	1.0	0.92	0.93
Property Plant Equipment	0.94	0.91	0.99	0.94	1.0	0.92	-0.94	-0.97	0.99	0.94	0.92	-0.79	0.95	0.94	0.13	0.75	0.99	0.95	0.94		0.79	0.4	0.88	0.91	0.88	0.89
Inventory	0.92	0.84	0.86	0.92	0.79	0.93	-0.93	-0.91	0.86	0.92	0.93	-0.8	0.91	0.72	0.32	0.24	0.86	0.91	0.92	0.79		-0.16	0.97	0.93	0.97	0.96
Other Stockholder Equity	0.06	0.37	0.26	0.05	0.4	0.0	-0.06	-0.16	0.25	0.05	0.0	0.16	0.08	0.57	-0.14	0.83	0.26	0.09	0.05	0.4	-0.16		0.09	-0.01	0.09	0.11
Net Invested Capital	0.92	0.95	0.91	0.92	0.87	0.92	-0.94	-0.94	0.91	0.92	0.92	-0.73	0.92	0.87	0.29	0.43	0.91	0.92	0.92	0.88	0.97	0.09		0.92	1.0	1.0
Property Plant And Equipment Gross	1.0	0.84	0.96	1.0	0.91	1.0	-0.99	-0.98	0.96	1.0	1.0	-0.94	0.99	0.78	0.25	0.44	0.96	0.99	1.0	0.91	0.93	-0.01	0.92		0.92	0.92
Capital Stock	0.92	0.95	0.91	0.92	0.87	0.92	-0.94	-0.94	0.91	0.92	0.92	-0.73	0.92	0.87	0.29	0.43	0.91	0.92	0.92	0.88	0.97	0.09	1.0	0.92		1.0
Net Working Capital	0.93	0.96	0.92	0.93	0.89	0.92	-0.94	-0.94	0.92	0.93	0.92	-0.73	0.93	0.88	0.28	0.46	0.92	0.93	0.93	0.89	0.96	0.11	1.0	0.92	1.0

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WA1 Other Current Assets vs Property Plant Equipment Analysis

Other Current Assets vs Property Plant Equipment

Other Current Assets vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Other Current Assets

Property Plant Equipment

WA1 Resources fundamental ratios Correlations

WA1 Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Total Current Assets	- 1.0	Retained Earnings
Cash And Short Term Investments	- 1.0	Retained Earnings
Common Stock	- 1.0	Net Debt
Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Non Current Assets Total	- 1.0	Net Debt