Alaska Property Plant And Equipment Net vs Net Working Capital Analysis
| AEMC Stock | 0.12 0.01 7.69% |
Alaska Energy financial indicator trend analysis is way more than just evaluating Alaska Energy Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alaska Energy Metals is a good investment. Please check the relationship between Alaska Energy Property Plant And Equipment Net and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Energy Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Property Plant And Equipment Net vs Net Working Capital
Property Plant And Equipment Net vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Energy Metals Property Plant And Equipment Net account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alaska Energy's Property Plant And Equipment Net and Net Working Capital is 0.86. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Alaska Energy Metals, assuming nothing else is changed. The correlation between historical values of Alaska Energy's Property Plant And Equipment Net and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Alaska Energy Metals are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant And Equipment Net i.e., Alaska Energy's Property Plant And Equipment Net and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Working Capital
Most indicators from Alaska Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alaska Energy Metals 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 Alaska Energy Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Issuance Of Capital Stock is likely to climb to about 13.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.6M | 2.2M | 5.2M | 3.5M | Cost Of Revenue | 77.5K | 77.1K | 26.4K | 25.1K |
Alaska Energy fundamental ratios Correlations
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Alaska Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Alaska Energy's price analysis, check to measure Alaska Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alaska Energy is operating at the current time. Most of Alaska Energy's value examination focuses on studying past and present price action to predict the probability of Alaska Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Energy's price. Additionally, you may evaluate how the addition of Alaska Energy to your portfolios can decrease your overall portfolio volatility.