Asara Common Stock vs Other Liab Analysis

AS1 Stock

0.02 0 4.55%

Asara Resources financial indicator trend analysis is way more than just evaluating Asara Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asara Resources is a good investment. Please check the relationship between Asara Resources Common Stock and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asara 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.

Common Stock vs Other Liab

Common Stock vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asara Resources Common Stock account and Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Asara Resources' Common Stock and Other Liab is -0.39. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Liab in the same time period over historical financial statements of Asara Resources, assuming nothing else is changed. The correlation between historical values of Asara Resources' Common Stock and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Asara Resources are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Common Stock i.e., Asara Resources' Common Stock and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock

Other Liab

Most indicators from Asara Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asara 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Asara 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 drop to about 1.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 4.5 M in 2024

	2021	2022	2023	2024 (projected)
Minority Interest	86.8K	112.8K	129.7K	95.5K
Reconciled Depreciation	1.3M	86.8K	78.2K	74.3K

Minority Interest Reconciled Depreciation

Asara Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Inventory	Other Stockholder Equity	Common Stock Shares Outstanding	Short Term Investments	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Non Current Liabilities Total	Other Liab	Net Tangible Assets
Total Assets		0.32	0.98	0.93	0.07	-0.38	0.43	0.02	0.98	0.02	-0.02	-0.06	0.31	0.11	0.68	0.09	0.92	-0.73	0.91	-0.32	-0.41	0.8	0.56	0.2	-0.76	0.83
Total Current Liabilities	0.32		0.16	0.23	0.46	0.01	0.21	-0.36	0.34	-0.36	0.49	-0.08	0.91	-0.07	0.08	0.2	0.24	-0.32	0.25	-0.29	0.0	0.41	0.48	0.57	-0.39	0.22
Total Stockholder Equity	0.98	0.16		0.96	0.01	-0.49	0.46	0.07	0.96	0.07	-0.2	-0.08	0.11	0.06	0.77	0.02	0.95	-0.73	0.92	-0.31	-0.46	0.8	0.52	0.02	-0.72	0.85
Property Plant And Equipment Net	0.93	0.23	0.96		0.11	-0.58	0.45	-0.16	0.98	-0.16	-0.26	-0.2	0.12	-0.21	0.83	0.05	0.97	-0.82	0.96	-0.21	-0.49	0.87	0.63	-0.05	-0.67	0.84
Net Debt	0.07	0.46	0.01	0.11		-0.03	0.08	-0.57	0.16	-0.57	0.29	-0.2	0.5	-0.37	-0.01	-0.62	0.23	-0.34	-0.03	0.02	-0.36	0.43	0.41	0.42	-0.4	0.24
Retained Earnings	-0.38	0.01	-0.49	-0.58	-0.03		-0.31	-0.03	-0.45	-0.03	0.73	0.47	0.24	0.33	-0.92	0.18	-0.6	0.62	-0.48	0.49	0.41	-0.62	-0.47	0.49	0.2	-0.45
Accounts Payable	0.43	0.21	0.46	0.45	0.08	-0.31		-0.1	0.44	-0.1	-0.07	0.33	0.1	-0.05	0.39	0.01	0.53	-0.2	0.39	-0.32	-0.49	0.5	0.15	-0.08	-0.75	0.71
Cash	0.02	-0.36	0.07	-0.16	-0.57	-0.03	-0.1		-0.17	1.0	-0.23	0.23	-0.34	0.85	0.02	-0.1	-0.11	0.31	-0.14	-0.31	0.16	-0.3	-0.39	-0.24	0.12	-0.07
Non Current Assets Total	0.98	0.34	0.96	0.98	0.16	-0.45	0.44	-0.17		-0.17	-0.08	-0.15	0.29	-0.11	0.73	0.09	0.96	-0.81	0.95	-0.25	-0.46	0.87	0.64	0.15	-0.74	0.84
Cash And Short Term Investments	0.02	-0.36	0.07	-0.16	-0.57	-0.03	-0.1	1.0	-0.17		-0.24	0.23	-0.34	0.85	0.03	-0.1	-0.11	0.31	-0.14	-0.31	0.16	-0.3	-0.39	-0.24	0.12	-0.07
Net Receivables	-0.02	0.49	-0.2	-0.26	0.29	0.73	-0.07	-0.23	-0.08	-0.24		0.26	0.72	0.27	-0.64	0.17	-0.24	0.19	-0.21	0.08	0.12	-0.12	0.03	0.84	-0.2	-0.1
Other Current Assets	-0.06	-0.08	-0.08	-0.2	-0.2	0.47	0.33	0.23	-0.15	0.23	0.26		-0.07	0.42	-0.39	0.06	-0.21	0.67	-0.12	-0.12	0.29	-0.3	-0.2	-0.05	-0.21	0.1
Total Liab	0.31	0.91	0.11	0.12	0.5	0.24	0.1	-0.34	0.29	-0.34	0.72	-0.07		0.09	-0.13	0.18	0.16	-0.28	0.14	-0.23	0.02	0.31	0.35	0.86	-0.4	0.14
Total Current Assets	0.11	-0.07	0.06	-0.21	-0.37	0.33	-0.05	0.85	-0.11	0.85	0.27	0.42	0.09		-0.25	-0.01	-0.15	0.36	-0.16	-0.33	0.22	-0.29	-0.35	0.26	-0.1	-0.04
Common Stock	0.68	0.08	0.77	0.83	-0.01	-0.92	0.39	0.02	0.73	0.03	-0.64	-0.39	-0.13	-0.25		-0.05	0.82	-0.76	0.76	-0.44	-0.42	0.78	0.56	-0.38	-0.39	0.63
Other Current Liab	0.09	0.2	0.02	0.05	-0.62	0.18	0.01	-0.1	0.09	-0.1	0.17	0.06	0.18	-0.01	-0.05		-0.1	0.05	0.26	0.01	0.49	-0.14	-0.04	0.11	0.18	-0.17
Inventory	0.92	0.24	0.95	0.97	0.23	-0.6	0.53	-0.11	0.96	-0.11	-0.24	-0.21	0.16	-0.15	0.82	-0.1		-0.84	0.9	-0.26	-0.57	0.92	0.62	0.0	-0.78	0.89
Other Stockholder Equity	-0.73	-0.32	-0.73	-0.82	-0.34	0.62	-0.2	0.31	-0.81	0.31	0.19	0.67	-0.28	0.36	-0.76	0.05	-0.84		-0.74	0.14	0.55	-0.87	-0.64	-0.16	0.49	-0.59
Common Stock Shares Outstanding	0.91	0.25	0.92	0.96	-0.03	-0.48	0.39	-0.14	0.95	-0.14	-0.21	-0.12	0.14	-0.16	0.76	0.26	0.9	-0.74		-0.18	-0.26	0.81	0.64	-0.05	-0.61	0.76
Short Term Investments	-0.32	-0.29	-0.31	-0.21	0.02	0.49	-0.32	-0.31	-0.25	-0.31	0.08	-0.12	-0.23	-0.33	-0.44	0.01	-0.26	0.14	-0.18		-0.03	-0.32	-0.36	-0.08	0.28	-0.26
Non Currrent Assets Other	-0.41	0.0	-0.46	-0.49	-0.36	0.41	-0.49	0.16	-0.46	0.16	0.12	0.29	0.02	0.22	-0.42	0.49	-0.57	0.55	-0.26	-0.03		-0.55	-0.22	0.05	0.52	-0.62
Short Long Term Debt Total	0.8	0.41	0.8	0.87	0.43	-0.62	0.5	-0.3	0.87	-0.3	-0.12	-0.3	0.31	-0.29	0.78	-0.14	0.92	-0.87	0.81	-0.32	-0.55		0.81	0.09	-0.76	0.82
Short Term Debt	0.56	0.48	0.52	0.63	0.41	-0.47	0.15	-0.39	0.64	-0.39	0.03	-0.2	0.35	-0.35	0.56	-0.04	0.62	-0.64	0.64	-0.36	-0.22	0.81		0.09	-0.43	0.51
Non Current Liabilities Total	0.2	0.57	0.02	-0.05	0.42	0.49	-0.08	-0.24	0.15	-0.24	0.84	-0.05	0.86	0.26	-0.38	0.11	0.0	-0.16	-0.05	-0.08	0.05	0.09	0.09		-0.31	0.0
Other Liab	-0.76	-0.39	-0.72	-0.67	-0.4	0.2	-0.75	0.12	-0.74	0.12	-0.2	-0.21	-0.4	-0.1	-0.39	0.18	-0.78	0.49	-0.61	0.28	0.52	-0.76	-0.43	-0.31		-0.9
Net Tangible Assets	0.83	0.22	0.85	0.84	0.24	-0.45	0.71	-0.07	0.84	-0.07	-0.1	0.1	0.14	-0.04	0.63	-0.17	0.89	-0.59	0.76	-0.26	-0.62	0.82	0.51	0.0	-0.9

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Asara Resources Account Relationship Matchups

Asara Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.6M	13.4M	21.1M	23.5M	27.1M	28.4M
Total Current Liabilities	1.5M	1.4M	615.7K	1.4M	1.7M	1.7M
Total Stockholder Equity	7.8M	13.8M	22.4M	23.2M	26.7M	28.0M
Property Plant And Equipment Net	5.9M	11.7M	18.4M	21.8M	25.1M	26.3M
Net Debt	6.3M	(1.6M)	5.9M	(1.6M)	(1.9M)	(1.8M)
Retained Earnings	(79.5M)	(82.8M)	(84.4M)	(90.8M)	(81.7M)	(77.6M)
Accounts Payable	709.8K	1.2M	404.9K	549.7K	632.2K	663.8K
Cash	1.6M	1.6M	2.6M	1.6M	1.9M	1.4M
Non Current Assets Total	5.9M	11.7M	18.4M	21.8M	25.1M	26.3M
Cash And Short Term Investments	1.6M	1.6M	2.6M	1.6M	1.9M	1.5M
Net Receivables	18.2K	98.5K	38.1K	38.0K	34.2K	32.4K
Liabilities And Stockholders Equity	7.6M	13.4M	21.1M	23.5M	27.1M	28.4M
Other Current Assets	24.6K	7.8K	22.2K	28.6K	32.9K	31.2K
Total Liab	1.6M	1.5M	696.6K	1.5M	1.7M	1.8M
Total Current Assets	1.7M	1.7M	2.7M	1.7M	2.0M	1.8M
Accumulated Other Comprehensive Income	1.7M	2.3M	1.9M	1.4M	1.6M	1.7M
Common Stock	85.6M	94.3M	104.9M	112.6M	129.5M	136.0M
Other Current Liab	(1.7M)	175.1K	(3.1M)	886.5K	797.9K	837.8K
Inventory	3.2M	4.5M	5.0M	7.5M	8.6M	9.0M
Other Stockholder Equity	(1.2M)	(974.3K)	(1.2M)	(1.4M)	(1.7M)	(1.7M)
Common Stock Shares Outstanding	73.7M	139.5M	243.3M	591.6M	680.3M	714.3M
Non Currrent Assets Other	943.6K	770.0K	(7.5M)	3.7K	3.4K	3.5K
Short Long Term Debt Total	5.8M	7.9M	6.8M	8.5M	9.8M	10.3M
Short Term Debt	2.6M	2.4M	1.3M	3.3M	3.8M	4.0M
Non Current Liabilities Total	121.5K	96.8K	80.9K	70.4K	80.9K	76.9K
Other Liab	30.4K	62.1K	64.3K	108.0K	97.2K	167.7K
Net Tangible Assets	5.7M	7.6M	9.7M	10.9M	12.5M	8.2M
Other Assets	944.6K	771.0K	1.5M	2.0M	2.2M	2.4M
Long Term Debt	1.5M	5.5M	2.4M	2.9M	3.3M	2.3M
Long Term Debt Total	176.7K	3.2M	5.5M	5.5M	6.4M	3.2M
Deferred Long Term Liab	8.0K	23.8K	15.1K	6.8K	6.2K	11.0K
Short Long Term Debt	626.7K	2.5M	2.1M	2.5M	2.9M	1.8M
Intangible Assets	6.6M	7.2M	7.7M	7.5M	8.6M	5.3M
Property Plant Equipment	7.0M	9.4M	8.0M	9.2M	10.6M	7.2M
Net Invested Capital	4.7M	13.8M	23.8M	23.2M	26.7M	17.2M
Property Plant And Equipment Gross	7.4M	12.1M	18.8M	22.3M	25.7M	13.0M
Net Working Capital	3.0M	384.5K	5.0M	271.2K	244.1K	231.9K

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