Arizona Total Current Assets vs Total Stockholder Equity Analysis

ASCU Stock

1.46 0.01 0.68%

Arizona Sonoran financial indicator trend analysis is way more than just evaluating Arizona Sonoran Copper prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arizona Sonoran Copper is a good investment. Please check the relationship between Arizona Sonoran Total Current Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Sonoran Copper. 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 Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arizona Sonoran Copper Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Arizona Sonoran's Total Current Assets and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Arizona Sonoran Copper, assuming nothing else is changed. The correlation between historical values of Arizona Sonoran's Total Current Assets and Total Stockholder Equity 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 Current Assets of Arizona Sonoran Copper are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Arizona Sonoran's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Arizona Sonoran's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arizona Sonoran Copper 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 Arizona Sonoran Copper. 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.

At this time, Arizona Sonoran's Issuance Of Capital Stock is very stable compared to the past year. As of the 13th of December 2024, Enterprise Value is likely to grow to about 136.4 M, while Selling General Administrative is likely to drop about 1.2 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	75K	83K	111K	78.7K
Cost Of Revenue	75K	84K	63K	65.7K

Reconciled Depreciation Cost Of Revenue

Arizona Sonoran 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Non Currrent Assets Other
Total Assets		-0.61	-0.53	0.99	0.92	0.88	-0.78	-0.95	0.76	0.72	0.88	0.72	0.75	0.95	0.0	0.62	0.98	0.88	0.86	0.99	0.84	0.99	0.91	-0.85	0.95	-0.91
Other Current Liab	-0.61		0.83	-0.68	-0.78	-0.5	0.85	0.74	-0.83	-0.93	-0.5	-0.93	-0.31	-0.75	-0.47	-0.19	-0.73	-0.5	-0.9	-0.68	-0.94	-0.68	-0.6	0.5	-0.73	0.76
Total Current Liabilities	-0.53	0.83		-0.59	-0.62	-0.52	0.6	0.67	-0.86	-0.63	-0.52	-0.63	-0.33	-0.75	-0.58	-0.18	-0.62	-0.52	-0.64	-0.6	-0.74	-0.6	-0.61	0.67	-0.52	0.66
Total Stockholder Equity	0.99	-0.68	-0.59		0.94	0.86	-0.85	-0.96	0.76	0.78	0.86	0.78	0.69	0.95	-0.01	0.53	1.0	0.86	0.89	1.0	0.89	1.0	0.92	-0.86	0.97	-0.95
Net Tangible Assets	0.92	-0.78	-0.62	0.94		0.89	-0.9	-0.99	0.76	0.87	0.89	0.87	0.73	0.9	0.01	0.59	0.96	0.89	0.94	0.95	0.92	0.95	0.94	-0.83	0.94	-0.99
Property Plant And Equipment Net	0.88	-0.5	-0.52	0.86	0.89		-0.63	-0.94	0.69	0.56	1.0	0.56	0.94	0.85	-0.07	0.83	0.85	1.0	0.71	0.86	0.69	0.86	0.97	-0.93	0.77	-0.88
Net Debt	-0.78	0.85	0.6	-0.85	-0.9	-0.63		0.84	-0.63	-0.97	-0.62	-0.97	-0.37	-0.76	0.03	-0.2	-0.87	-0.63	-0.95	-0.85	-0.93	-0.85	-0.76	0.62	-0.93	0.91
Retained Earnings	-0.95	0.74	0.67	-0.96	-0.99	-0.94	0.84		-0.81	-0.8	-0.93	-0.8	-0.8	-0.94	-0.05	-0.65	-0.97	-0.94	-0.9	-0.96	-0.89	-0.96	-0.97	0.9	-0.92	0.98
Accounts Payable	0.76	-0.83	-0.86	0.76	0.76	0.69	-0.63	-0.81		0.69	0.68	0.69	0.6	0.91	0.62	0.5	0.8	0.69	0.8	0.77	0.86	0.77	0.7	-0.69	0.7	-0.73
Cash	0.72	-0.93	-0.63	0.78	0.87	0.56	-0.97	-0.8	0.69		0.56	1.0	0.35	0.74	0.15	0.21	0.82	0.57	0.97	0.78	0.96	0.78	0.68	-0.52	0.87	-0.85
Non Current Assets Total	0.88	-0.5	-0.52	0.86	0.89	1.0	-0.62	-0.93	0.68	0.56		0.56	0.94	0.84	-0.07	0.84	0.85	1.0	0.7	0.86	0.68	0.86	0.97	-0.93	0.76	-0.88
Cash And Short Term Investments	0.72	-0.93	-0.63	0.78	0.87	0.56	-0.97	-0.8	0.69	1.0	0.56		0.35	0.74	0.15	0.21	0.82	0.57	0.97	0.78	0.96	0.78	0.68	-0.52	0.87	-0.85
Net Receivables	0.75	-0.31	-0.33	0.69	0.73	0.94	-0.37	-0.8	0.6	0.35	0.94	0.35		0.7	-0.02	0.97	0.68	0.94	0.53	0.69	0.5	0.69	0.83	-0.78	0.57	-0.69
Common Stock Shares Outstanding	0.95	-0.75	-0.75	0.95	0.9	0.85	-0.76	-0.94	0.91	0.74	0.84	0.74	0.7		0.28	0.56	0.96	0.85	0.87	0.96	0.89	0.96	0.89	-0.86	0.89	-0.89
Other Current Assets	0.0	-0.47	-0.58	-0.01	0.01	-0.07	0.03	-0.05	0.62	0.15	-0.07	0.15	-0.02	0.28		0.02	0.05	-0.07	0.18	0.0	0.28	0.0	-0.1	0.04	-0.06	0.06
Total Liab	0.62	-0.19	-0.18	0.53	0.59	0.83	-0.2	-0.65	0.5	0.21	0.84	0.21	0.97	0.56	0.02		0.52	0.83	0.4	0.53	0.35	0.53	0.68	-0.62	0.41	-0.52
Net Invested Capital	0.98	-0.73	-0.62	1.0	0.96	0.85	-0.87	-0.97	0.8	0.82	0.85	0.82	0.68	0.96	0.05	0.52		0.85	0.92	1.0	0.92	1.0	0.91	-0.84	0.98	-0.96
Property Plant And Equipment Gross	0.88	-0.5	-0.52	0.86	0.89	1.0	-0.63	-0.94	0.69	0.57	1.0	0.57	0.94	0.85	-0.07	0.83	0.85		0.71	0.86	0.69	0.86	0.97	-0.93	0.77	-0.88
Total Current Assets	0.86	-0.9	-0.64	0.89	0.94	0.71	-0.95	-0.9	0.8	0.97	0.7	0.97	0.53	0.87	0.18	0.4	0.92	0.71		0.89	0.99	0.89	0.78	-0.64	0.94	-0.91
Capital Stock	0.99	-0.68	-0.6	1.0	0.95	0.86	-0.85	-0.96	0.77	0.78	0.86	0.78	0.69	0.96	0.0	0.53	1.0	0.86	0.89		0.89	1.0	0.92	-0.86	0.97	-0.95
Net Working Capital	0.84	-0.94	-0.74	0.89	0.92	0.69	-0.93	-0.89	0.86	0.96	0.68	0.96	0.5	0.89	0.28	0.35	0.92	0.69	0.99	0.89		0.89	0.78	-0.67	0.92	-0.9
Common Stock	0.99	-0.68	-0.6	1.0	0.95	0.86	-0.85	-0.96	0.77	0.78	0.86	0.78	0.69	0.96	0.0	0.53	1.0	0.86	0.89	1.0	0.89		0.92	-0.86	0.97	-0.95
Property Plant Equipment	0.91	-0.6	-0.61	0.92	0.94	0.97	-0.76	-0.97	0.7	0.68	0.97	0.68	0.83	0.89	-0.1	0.68	0.91	0.97	0.78	0.92	0.78	0.92		-0.96	0.86	-0.96
Short Long Term Debt Total	-0.85	0.5	0.67	-0.86	-0.83	-0.93	0.62	0.9	-0.69	-0.52	-0.93	-0.52	-0.78	-0.86	0.04	-0.62	-0.84	-0.93	-0.64	-0.86	-0.67	-0.86	-0.96		-0.74	0.88
Other Liab	0.95	-0.73	-0.52	0.97	0.94	0.77	-0.93	-0.92	0.7	0.87	0.76	0.87	0.57	0.89	-0.06	0.41	0.98	0.77	0.94	0.97	0.92	0.97	0.86	-0.74		-0.94
Non Currrent Assets Other	-0.91	0.76	0.66	-0.95	-0.99	-0.88	0.91	0.98	-0.73	-0.85	-0.88	-0.85	-0.69	-0.89	0.06	-0.52	-0.96	-0.88	-0.91	-0.95	-0.9	-0.95	-0.96	0.88	-0.94

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Arizona Sonoran Account Relationship Matchups

Pair Trading with Arizona Sonoran

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arizona Sonoran position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arizona Sonoran will appreciate offsetting losses from the drop in the long position's value.

Moving against Arizona Stock

0.71	BYD	Boyd Group Services	Pair Corr
0.61	IE	Ivanhoe Energy	Pair Corr
0.6	IFC	Intact Financial	Pair Corr
0.56	FFH	Fairfax Financial	Pair Corr
0.54	FSV	FirstService Corp	Pair Corr

The ability to find closely correlated positions to Arizona Sonoran could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arizona Sonoran when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arizona Sonoran - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arizona Sonoran Copper to buy it.

The correlation of Arizona Sonoran is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arizona Sonoran moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arizona Sonoran Copper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Arizona Sonoran can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Arizona Stock

Balance Sheet is a snapshot of the financial position of Arizona Sonoran Copper at a specified time, usually calculated after every quarter, six months, or one year. Arizona Sonoran Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arizona Sonoran and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Arizona currently owns. An asset can also be divided into two categories, current and non-current.

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Arizona Total Current Assets vs Total Stockholder Equity Analysis

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Stockholder Equity

Arizona Sonoran fundamental ratios Correlations

Arizona Sonoran Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Arizona Sonoran

Moving against Arizona Stock

Other Information on Investing in Arizona Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Non Currrent Assets Other	- 0.99	Net Tangible Assets
Retained Earnings	- 0.99	Net Tangible Assets
Property Plant Equipment	- 0.97	Retained Earnings
Net Invested Capital	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt