Azucar Net Debt vs Short Term Investments Analysis

AMZ Stock  CAD 0.03  0.01  28.57%   
Azucar Minerals financial indicator trend analysis is way more than just evaluating Azucar Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azucar Minerals is a good investment. Please check the relationship between Azucar Minerals Net Debt and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azucar 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.

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azucar Minerals Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Azucar Minerals' Net Debt and Short Term Investments is -0.22. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Azucar Minerals, assuming nothing else is changed. The correlation between historical values of Azucar Minerals' Net Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Azucar Minerals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., Azucar Minerals' Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Investments

Short Term Investments is an item under the current assets section of Azucar Minerals balance sheet. It contains any investments Azucar Minerals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Azucar Minerals can easily liquidate in the marketplace.
Most indicators from Azucar Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azucar 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Azucar 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.
Selling General Administrative is likely to drop to about 439.2 K in 2024. Sales General And Administrative To Revenue is likely to drop to 5.11 in 2024
 2021 2022 2023 2024 (projected)
Interest Income8.4K39.0K115.2K70.9K
Net Interest Income8.4K39.0K115.2K70.9K

Azucar Minerals fundamental ratios Correlations

0.641.00.420.640.55-0.13-0.070.17-0.12-0.240.640.490.170.24-0.210.83-0.570.70.860.140.460.210.170.960.5
0.640.630.31.00.71-0.27-0.080.17-0.34-0.171.00.750.250.12-0.40.48-0.660.440.470.050.620.220.660.620.64
1.00.630.420.630.55-0.13-0.070.17-0.11-0.240.630.480.170.24-0.210.84-0.560.70.860.140.460.210.160.960.5
0.420.30.420.30.51-0.59-0.710.86-0.49-0.720.30.240.710.87-0.610.53-0.38-0.330.490.86-0.010.860.30.310.13
0.641.00.630.30.71-0.27-0.080.17-0.34-0.171.00.750.250.12-0.40.48-0.660.440.470.050.620.220.660.620.64
0.550.710.550.510.71-0.49-0.310.45-0.47-0.510.710.940.50.25-0.440.41-0.940.220.380.330.770.410.630.580.85
-0.13-0.27-0.13-0.59-0.27-0.490.88-0.860.90.84-0.27-0.34-0.98-0.780.83-0.540.20.38-0.47-0.80.12-0.88-0.44-0.220.0
-0.07-0.08-0.07-0.71-0.08-0.310.88-0.940.80.87-0.08-0.09-0.89-0.860.76-0.480.040.52-0.42-0.920.32-0.91-0.11-0.10.23
0.170.170.170.860.170.45-0.86-0.94-0.72-0.890.170.180.910.9-0.750.49-0.22-0.540.430.98-0.190.960.280.15-0.06
-0.12-0.34-0.11-0.49-0.34-0.470.90.8-0.720.58-0.34-0.42-0.83-0.640.84-0.440.130.31-0.38-0.620.09-0.76-0.46-0.160.01
-0.24-0.17-0.24-0.72-0.17-0.510.840.87-0.890.58-0.17-0.24-0.89-0.810.61-0.560.330.31-0.52-0.880.05-0.85-0.16-0.33-0.06
0.641.00.630.31.00.71-0.27-0.080.17-0.34-0.170.750.250.12-0.40.48-0.660.440.470.050.620.220.660.620.64
0.490.750.480.240.750.94-0.34-0.090.18-0.42-0.240.750.29-0.01-0.360.27-0.890.370.250.030.870.170.670.530.89
0.170.250.170.710.250.5-0.98-0.890.91-0.83-0.890.250.290.87-0.820.56-0.22-0.410.50.86-0.130.940.420.230.0
0.240.120.240.870.120.25-0.78-0.860.9-0.64-0.810.12-0.010.87-0.730.6-0.02-0.450.550.92-0.360.960.20.2-0.23
-0.21-0.4-0.21-0.61-0.4-0.440.830.76-0.750.840.61-0.4-0.36-0.82-0.73-0.520.160.31-0.45-0.660.07-0.86-0.54-0.21-0.01
0.830.480.840.530.480.41-0.54-0.480.49-0.44-0.560.480.270.560.6-0.52-0.270.391.00.480.050.570.140.860.13
-0.57-0.66-0.56-0.38-0.66-0.940.20.04-0.220.130.33-0.66-0.89-0.22-0.020.16-0.27-0.37-0.27-0.11-0.9-0.15-0.52-0.58-0.95
0.70.440.7-0.330.440.220.380.52-0.540.310.310.440.37-0.41-0.450.310.39-0.370.45-0.560.57-0.49-0.060.750.5
0.860.470.860.490.470.38-0.47-0.420.43-0.38-0.520.470.250.50.55-0.451.0-0.270.450.430.060.50.090.880.13
0.140.050.140.860.050.33-0.8-0.920.98-0.62-0.880.050.030.860.92-0.660.48-0.11-0.560.43-0.310.940.160.11-0.17
0.460.620.46-0.010.620.770.120.32-0.190.090.050.620.87-0.13-0.360.070.05-0.90.570.06-0.31-0.230.460.490.98
0.210.220.210.860.220.41-0.88-0.910.96-0.76-0.850.220.170.940.96-0.860.57-0.15-0.490.50.94-0.230.370.19-0.1
0.170.660.160.30.660.63-0.44-0.110.28-0.46-0.160.660.670.420.2-0.540.14-0.52-0.060.090.160.460.370.150.54
0.960.620.960.310.620.58-0.22-0.10.15-0.16-0.330.620.530.230.2-0.210.86-0.580.750.880.110.490.190.150.52
0.50.640.50.130.640.850.00.23-0.060.01-0.060.640.890.0-0.23-0.010.13-0.950.50.13-0.170.98-0.10.540.52
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Azucar Minerals Account Relationship Matchups

Azucar Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.7M25.8M24.7M24.3M1.3M1.2M
Total Current Liabilities211.3K598.4K146.0K190.3K45.1K42.8K
Total Stockholder Equity26.5M25.2M24.5M24.2M1.2M1.2M
Net Tangible Assets26.5M25.2M24.5M24.1M27.8M20.9M
Accounts Payable211.3K598.4K146.0K190.3K45.1K42.8K
Cash7.5M4.4M2.1M1.2M1.1M1.1M
Net Receivables98.9K65.5K30.4K16.3K9.3K8.8K
Other Stockholder Equity3.3M3.4M3.6M3.7M3.3M6.3M
Total Liab211.3K598.4K146.0K190.3K45.1K42.8K
Total Current Assets7.7M4.5M2.2M1.2M1.2M1.1M
Property Plant Equipment19.0M21.3M22.5M23.1M26.6M14.0M
Property Plant And Equipment Net19.1M21.3M22.5M23.1M88.8K84.4K
Net Debt(7.5M)(4.4M)(2.1M)(1.2M)(1.1M)(1.2M)
Retained Earnings(828.9K)(2.2M)(3.2M)(3.6M)(26.7M)(25.4M)
Non Current Assets Total19.1M21.3M22.5M23.1M88.8K84.4K
Cash And Short Term Investments7.5M4.4M2.1M1.2M1.1M1.1M
Common Stock Shares Outstanding47.6M64.6M73.8M73.8M84.9M67.1M
Liabilities And Stockholders Equity26.7M25.8M24.7M24.3M1.3M1.2M
Other Current Assets46.3K46.3K1.013.0K35.6K29.2K
Accumulated Other Comprehensive Income3.3M3.4M3.6M3.7M3.9M3.2M
Net Invested Capital26.5M25.2M24.5M24.2M1.2M1.2M
Net Working Capital7.5M3.9M2.0M1.0M1.1M1.1M

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