Azincourt Total Operating Expenses vs Net Income Analysis

AAZ Stock  CAD 0.01  0.01  33.33%   
Azincourt Uranium financial indicator trend analysis is way more than just evaluating Azincourt Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azincourt Uranium is a good investment. Please check the relationship between Azincourt Uranium Total Operating Expenses and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azincourt Uranium. 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.

Total Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azincourt Uranium Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Azincourt Uranium's Total Operating Expenses and Net Income is -0.94. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Azincourt Uranium, assuming nothing else is changed. The correlation between historical values of Azincourt Uranium's Total Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Azincourt Uranium are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., Azincourt Uranium's Total Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Azincourt Uranium financial statement analysis. It represents the amount of money remaining after all of Azincourt Uranium operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Azincourt Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azincourt Uranium 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 Azincourt Uranium. 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.
Enterprise Value is likely to climb to about 7.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

Azincourt Uranium fundamental ratios Correlations

-0.140.210.970.68-0.91-0.710.920.680.630.960.670.710.210.960.590.640.330.740.79-0.140.820.950.930.8
-0.140.49-0.26-0.440.120.4-0.12-0.44-0.480.01-0.33-0.250.490.01-0.12-0.030.48-0.38-0.310.73-0.48-0.25-0.2-0.29
0.210.49-0.02-0.1-0.060.10.06-0.1-0.180.33-0.10.011.00.32-0.070.170.19-0.1-0.060.31-0.140.00.02-0.07
0.97-0.26-0.020.72-0.92-0.750.930.720.690.90.70.72-0.020.90.620.620.290.770.82-0.220.870.970.940.83
0.68-0.44-0.10.72-0.55-0.930.561.00.880.50.910.86-0.10.50.180.36-0.010.950.93-0.530.880.720.60.83
-0.910.12-0.06-0.92-0.550.54-1.0-0.55-0.52-0.93-0.52-0.57-0.06-0.92-0.51-0.84-0.48-0.6-0.70.15-0.7-0.93-0.95-0.63
-0.710.40.1-0.75-0.930.54-0.55-0.93-0.8-0.55-0.97-0.940.1-0.55-0.35-0.240.09-0.98-0.950.37-0.82-0.76-0.65-0.94
0.92-0.120.060.930.56-1.0-0.550.560.530.930.520.570.060.920.510.840.470.610.7-0.150.720.940.940.66
0.68-0.44-0.10.721.0-0.55-0.930.560.880.50.910.86-0.10.50.180.36-0.010.950.93-0.530.880.720.60.83
0.63-0.48-0.180.690.88-0.52-0.80.530.880.460.740.67-0.180.460.230.30.030.820.77-0.510.890.650.560.68
0.960.010.330.90.5-0.93-0.550.930.50.460.530.610.331.00.640.690.440.590.680.030.640.920.940.66
0.67-0.33-0.10.70.91-0.52-0.970.520.910.740.530.97-0.10.530.350.230.00.990.97-0.260.740.750.640.93
0.71-0.250.010.720.86-0.57-0.940.570.860.670.610.970.010.60.380.3-0.010.950.95-0.230.680.790.690.92
0.210.491.0-0.02-0.1-0.060.10.06-0.1-0.180.33-0.10.010.32-0.070.170.19-0.1-0.060.31-0.140.00.02-0.07
0.960.010.320.90.5-0.92-0.550.920.50.461.00.530.60.320.670.670.440.590.670.050.630.920.940.66
0.59-0.12-0.070.620.18-0.51-0.350.510.180.230.640.350.38-0.070.670.020.130.360.370.250.310.640.720.44
0.64-0.030.170.620.36-0.84-0.240.840.360.30.690.230.30.170.670.020.510.320.44-0.250.480.640.660.33
0.330.480.190.29-0.01-0.480.090.47-0.010.030.440.0-0.010.190.440.130.510.030.160.540.110.320.360.05
0.74-0.38-0.10.770.95-0.6-0.980.610.950.820.590.990.95-0.10.590.360.320.030.98-0.350.830.810.70.92
0.79-0.31-0.060.820.93-0.7-0.950.70.930.770.680.970.95-0.060.670.370.440.160.98-0.280.820.860.770.93
-0.140.730.31-0.22-0.530.150.37-0.15-0.53-0.510.03-0.26-0.230.310.050.25-0.250.54-0.35-0.28-0.51-0.16-0.09-0.2
0.82-0.48-0.140.870.88-0.7-0.820.720.880.890.640.740.68-0.140.630.310.480.110.830.82-0.510.80.70.81
0.95-0.250.00.970.72-0.93-0.760.940.720.650.920.750.790.00.920.640.640.320.810.86-0.160.80.980.84
0.93-0.20.020.940.6-0.95-0.650.940.60.560.940.640.690.020.940.720.660.360.70.77-0.090.70.980.72
0.8-0.29-0.070.830.83-0.63-0.940.660.830.680.660.930.92-0.070.660.440.330.050.920.93-0.20.810.840.72
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Azincourt Uranium Account Relationship Matchups

Azincourt Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5M14.9M14.5M8.2M9.4M5.2M
Other Current Liab71.2K1.3M181.3K313.9K282.5K485.2K
Total Current Liabilities71.2K1.3M181.3K313.9K282.5K428.9K
Total Stockholder Equity3.4M13.6M14.3M7.8M9.0M4.6M
Property Plant And Equipment Net2.7M3.9M3.4M4.5M5.2M5.5M
Net Debt(722.1K)(10.5M)(7.0M)(2.9M)(2.6M)(2.7M)
Retained Earnings(14.1M)(17.4M)(27.1M)(34.2M)(30.8M)(29.3M)
Cash722.1K10.5M7.0M2.9M3.3M2.2M
Non Current Assets Total2.7M3.9M3.4M4.5M5.2M5.5M
Cash And Short Term Investments722.1K10.5M10.0M3.5M4.0M2.9M
Common Stock Shares Outstanding67.1M116.0M210.3M235.3M270.6M284.1M
Liabilities And Stockholders Equity3.5M14.9M14.5M8.2M9.4M5.2M
Other Stockholder Equity3.4M4.2M10.1M14.8M17.0M17.8M
Total Liab71.2K1.3M181.3K313.9K282.5K428.9K
Total Current Assets827.2K10.9M11.1M3.6M4.2M3.1M
Accumulated Other Comprehensive Income4.2M10.1M14.8M14.9M17.1M18.0M
Net Receivables7.3K68.5K939.4K38.1K43.9K41.7K
Accounts Payable70.6K29.7K818.8K124.2K142.8K170.0K
Other Current Assets97.8K395.5K202.9K116.7K134.2K189.8K
Common Stock13.3M20.9M26.6M27.2M31.3M32.9M
Net Tangible Assets3.9M3.4M13.6M14.3M16.5M17.3M
Property Plant Equipment2.4M2.7M3.9M3.4M3.9M2.4M
Net Invested Capital3.4M13.6M14.3M7.8M9.0M7.8M
Net Working Capital755.9K9.7M10.9M3.3M3.8M4.4M
Capital Stock13.3M20.9M26.6M27.2M31.3M20.0M

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