A2Z Cash vs Net Invested Capital Analysis

AZ Stock

USD 6.70 0.11 1.67%

A2Z Smart financial indicator trend analysis is way more than just evaluating A2Z Smart Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether A2Z Smart Technologies is a good investment. Please check the relationship between A2Z Smart Cash and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of A2Z Smart Technologies Cash account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between A2Z Smart's Cash and Net Invested Capital is 0.6. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of A2Z Smart Technologies, assuming nothing else is changed. The correlation between historical values of A2Z Smart's Cash and Net Invested 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 Cash of A2Z Smart Technologies are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., A2Z Smart's Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of A2Z Smart Technologies, which is listed under current asset account on A2Z Smart Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from A2Z Smart customers. The amounts must be unrestricted with restricted cash listed in a different A2Z Smart account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from A2Z Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into A2Z Smart Technologies 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 A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Selling General Administrative is likely to rise to about 13.9 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Research Development	3.2M	4.5M	4.8M	2.9M
Gross Profit	656K	1.8M	1.6M	1.1M

Research Development Gross Profit

A2Z Smart fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net
Other Current Liab		0.73	0.24	0.47	-0.93	0.71	-0.63	0.77	0.41	0.19	0.21	0.47	0.95	0.58	0.39	-0.02	0.4	0.36	0.57	0.65	0.47	0.95	-0.18	0.95	0.74	0.77
Total Current Liabilities	0.73		0.27	0.38	-0.84	0.95	-0.57	0.8	0.38	0.7	0.5	0.44	0.84	0.58	0.34	0.04	0.3	0.19	0.66	0.73	0.44	0.81	-0.16	0.81	0.92	0.95
Other Liab	0.24	0.27		-0.32	-0.33	0.33	-0.58	0.17	-0.03	0.31	-0.01	0.4	0.32	0.46	-0.21	-0.35	0.51	0.41	0.51	0.82	-0.1	0.37	0.19	0.37	0.49	0.31
Net Tangible Assets	0.47	0.38	-0.32		-0.58	0.45	-0.33	0.6	0.93	0.03	0.74	0.53	0.45	0.49	0.77	-0.51	0.59	0.45	0.46	0.09	0.76	0.5	0.31	0.5	0.32	0.49
Retained Earnings	-0.93	-0.84	-0.33	-0.58		-0.89	0.77	-0.88	-0.59	-0.42	-0.49	-0.65	-0.98	-0.76	-0.53	0.19	-0.58	-0.5	-0.78	-0.78	-0.62	-0.99	0.0	-0.99	-0.89	-0.93
Accounts Payable	0.71	0.95	0.33	0.45	-0.89		-0.7	0.87	0.48	0.73	0.62	0.59	0.88	0.72	0.46	-0.07	0.43	0.36	0.8	0.79	0.57	0.87	-0.02	0.87	0.97	0.99
Other Assets	-0.63	-0.57	-0.58	-0.33	0.77	-0.7		-0.81	-0.53	-0.41	-0.53	-0.93	-0.7	-0.97	-0.64	0.43	-0.72	-0.87	-0.94	-0.83	-0.72	-0.79	-0.52	-0.79	-0.73	-0.7
Net Receivables	0.77	0.8	0.17	0.6	-0.88	0.87	-0.81		0.6	0.41	0.6	0.74	0.83	0.81	0.71	-0.19	0.49	0.58	0.79	0.68	0.79	0.87	0.23	0.87	0.8	0.87
Inventory	0.41	0.38	-0.03	0.93	-0.59	0.48	-0.53	0.6		0.13	0.85	0.75	0.42	0.69	0.8	-0.75	0.82	0.69	0.67	0.28	0.81	0.52	0.57	0.52	0.39	0.51
Other Current Assets	0.19	0.7	0.31	0.03	-0.42	0.73	-0.41	0.41	0.13		0.56	0.35	0.46	0.47	0.19	0.12	0.14	0.11	0.61	0.54	0.28	0.41	-0.03	0.41	0.75	0.7
Other Stockholder Equity	0.21	0.5	-0.01	0.74	-0.49	0.62	-0.53	0.6	0.85	0.56		0.74	0.37	0.71	0.78	-0.55	0.65	0.59	0.75	0.32	0.81	0.43	0.55	0.43	0.52	0.61
Total Current Assets	0.47	0.44	0.4	0.53	-0.65	0.59	-0.93	0.74	0.75	0.35	0.74		0.53	0.98	0.81	-0.65	0.84	0.96	0.94	0.64	0.86	0.65	0.74	0.65	0.58	0.59
Property Plant Equipment	0.95	0.84	0.32	0.45	-0.98	0.88	-0.7	0.83	0.42	0.46	0.37	0.53		0.67	0.41	-0.01	0.43	0.37	0.71	0.76	0.51	0.99	-0.17	0.99	0.9	0.92
Total Assets	0.58	0.58	0.46	0.49	-0.76	0.72	-0.97	0.81	0.69	0.47	0.71	0.98	0.67		0.76	-0.53	0.79	0.9	0.98	0.75	0.84	0.76	0.6	0.76	0.72	0.72
Total Stockholder Equity	0.39	0.34	-0.21	0.77	-0.53	0.46	-0.64	0.71	0.8	0.19	0.78	0.81	0.41	0.76		-0.43	0.55	0.75	0.69	0.18	0.99	0.5	0.63	0.5	0.34	0.47
Net Debt	-0.02	0.04	-0.35	-0.51	0.19	-0.07	0.43	-0.19	-0.75	0.12	-0.55	-0.65	-0.01	-0.53	-0.43		-0.9	-0.73	-0.49	-0.27	-0.43	-0.14	-0.79	-0.14	-0.07	-0.08
Cash	0.4	0.3	0.51	0.59	-0.58	0.43	-0.72	0.49	0.82	0.14	0.65	0.84	0.43	0.79	0.55	-0.9		0.85	0.78	0.59	0.6	0.54	0.66	0.54	0.46	0.46
Cash And Short Term Investments	0.36	0.19	0.41	0.45	-0.5	0.36	-0.87	0.58	0.69	0.11	0.59	0.96	0.37	0.9	0.75	-0.73	0.85		0.82	0.52	0.79	0.51	0.83	0.51	0.36	0.36
Common Stock Shares Outstanding	0.57	0.66	0.51	0.46	-0.78	0.8	-0.94	0.79	0.67	0.61	0.75	0.94	0.71	0.98	0.69	-0.49	0.78	0.82		0.8	0.77	0.78	0.51	0.78	0.81	0.79
Total Liab	0.65	0.73	0.82	0.09	-0.78	0.79	-0.83	0.68	0.28	0.54	0.32	0.64	0.76	0.75	0.18	-0.27	0.59	0.52	0.8		0.31	0.79	0.13	0.79	0.88	0.78
Net Invested Capital	0.47	0.44	-0.1	0.76	-0.62	0.57	-0.72	0.79	0.81	0.28	0.81	0.86	0.51	0.84	0.99	-0.43	0.6	0.79	0.77	0.31		0.59	0.61	0.59	0.46	0.57
Capital Stock	0.95	0.81	0.37	0.5	-0.99	0.87	-0.79	0.87	0.52	0.41	0.43	0.65	0.99	0.76	0.5	-0.14	0.54	0.51	0.78	0.79	0.59		-0.02	1.0	0.89	0.9
Net Working Capital	-0.18	-0.16	0.19	0.31	0.0	-0.02	-0.52	0.23	0.57	-0.03	0.55	0.74	-0.17	0.6	0.63	-0.79	0.66	0.83	0.51	0.13	0.61	-0.02		-0.02	-0.07	-0.05
Common Stock	0.95	0.81	0.37	0.5	-0.99	0.87	-0.79	0.87	0.52	0.41	0.43	0.65	0.99	0.76	0.5	-0.14	0.54	0.51	0.78	0.79	0.59	1.0	-0.02		0.89	0.9
Short Long Term Debt Total	0.74	0.92	0.49	0.32	-0.89	0.97	-0.73	0.8	0.39	0.75	0.52	0.58	0.9	0.72	0.34	-0.07	0.46	0.36	0.81	0.88	0.46	0.89	-0.07	0.89		0.98
Property Plant And Equipment Net	0.77	0.95	0.31	0.49	-0.93	0.99	-0.7	0.87	0.51	0.7	0.61	0.59	0.92	0.72	0.47	-0.08	0.46	0.36	0.79	0.78	0.57	0.9	-0.05	0.9	0.98

Click cells to compare fundamentals

A2Z Smart Account Relationship Matchups

A2Z Smart fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	422K	387K	1.1M	1.3M	2.5M	2.7M
Total Current Liabilities	1.1M	1.3M	2.4M	6.2M	5.6M	2.9M
Other Liab	154K	8.9M	218K	2.6M	3.0M	2.2M
Net Tangible Assets	(1.5M)	(4.7M)	9.4M	1.9M	2.2M	2.3M
Retained Earnings	(4.1M)	(11.6M)	(50.8M)	(67.4M)	(83.5M)	(79.3M)
Accounts Payable	471K	541K	989K	2.2M	1.7M	1.1M
Net Receivables	978K	196K	1.2M	1.4M	1.8M	959.8K
Inventory	38K	19K	1.1M	375K	250K	301.6K
Other Current Assets	372K	573K	110K	2.6M	323K	306.9K
Other Stockholder Equity	5.6M	(1.3M)	34.8M	30.9M	927K	880.7K
Total Current Assets	7.3M	6.2M	11.0M	6.9M	4.7M	5.8M
Property Plant Equipment	328K	456K	1.1M	2.4M	2.7M	2.8M
Total Assets	10.0M	8.9M	14.1M	12.7M	8.5M	10.0M
Total Stockholder Equity	8.0M	(2.5M)	11.5M	5.3M	2.5M	4.6M
Net Debt	126K	(4.4M)	(7.6M)	14K	(273K)	(286.7K)
Cash	289K	5.4M	8.5M	2.6M	2.3M	3.5M
Non Current Assets Total	2.7M	2.7M	3.2M	5.8M	3.8M	3.3M
Cash And Short Term Investments	5.9M	5.4M	8.5M	2.6M	2.3M	4.6M
Common Stock Shares Outstanding	13.5M	16.8M	23.3M	27.7M	13.9M	17.6M
Liabilities And Stockholders Equity	10.0M	8.9M	14.1M	12.7M	8.5M	10.0M
Non Current Liabilities Total	363K	9.5M	852K	3.6M	5.2M	3.6M
Total Liab	1.5M	10.8M	3.2M	9.8M	10.8M	6.6M
Net Invested Capital	8.3M	(1.5M)	12.2M	7.0M	3.9M	5.5M
Accumulated Other Comprehensive Income	(70K)	(1.3M)	(708K)	(1.6M)	29.5M	31.0M
Capital Stock	6.6M	10.4M	28.3M	43.5M	55.5M	58.3M
Net Working Capital	6.2M	4.9M	8.6M	705K	(901K)	(856.0K)
Common Stock	6.6M	10.4M	28.3M	43.5M	55.5M	58.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for A2Z Stock Analysis

When running A2Z Smart's price analysis, check to measure A2Z Smart'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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

A2Z Cash vs Net Invested Capital Analysis

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Cash

Net Invested Capital

A2Z Smart fundamental ratios Correlations

A2Z Smart Account Relationship Matchups

High Positive Relationship

High Negative Relationship

A2Z Smart fundamental ratios Accounts

Also Currently Popular

Additional Tools for A2Z Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Capital Stock
Property Plant And Equipment Net	+ 0.99	Accounts Payable
Capital Stock	+ 0.99	Property Plant Equipment
Common Stock	+ 0.99	Property Plant Equipment
Net Invested Capital	+ 0.99	Total Stockholder Equity
Total Assets	+ 0.98	Total Current Assets

Common Stock	- 0.99	Retained Earnings
Capital Stock	- 0.99	Retained Earnings
Property Plant Equipment	- 0.98	Retained Earnings
Total Assets	- 0.97	Other Assets
Common Stock Shares Outstanding	- 0.94	Other Assets
Total Current Assets	- 0.93	Other Assets